Solaxy Layer 2 ICO Hits $9 Million – Is $SOLX the Best Meme Coin to Invest In?

Some analysts predict a surge in Solana-based meme coins. Solaxy (SOLX) leads with $9 million raised in its presale, solving congestion with Layer 2 scaling.

2024 saw steady growth fueled by key events like ETF approvals in January, Bitcoin’s halving in April, and Trump’s winning the U.S. presidential election.

These milestones boosted Bitcoin past $100,000 for the first time, driving the entire crypto market upward. By January 2025, most of the top 10 cryptocurrencies were trading in the green.

Solana stood out as a strong performer with no major price drops, but its ongoing issue of network congestion remains a barrier to higher gains.

A new presale project, Solaxy (SOLX), offers a potential fix for Solana’s congestion through its layer-2 technology.

Investors rush to Solaxy as ICO raises $9 million

Solaxy (SOLX) is creating the first-ever Solana layer 2 blockchain and is gaining a lot of attention. The project’s ongoing ICO has already raised $9 million, as investors aim to profit once $SOLX gets listed on exchanges.

The token presale offers a chance to join this groundbreaking project early. The current price is $0.001594 but will increase soon, with the next price hike scheduled in two days.

$SOLX tokens are available for purchase with ETH, USDT, BNB, or credit/debit cards on the Solaxy website or via the “Upcoming Tokens” section on the Best Wallet platform. For more information, investors can check out our guide on purchasing Solaxy tokens here.

Early buyers can earn profits during the presale with Solaxy’s staking system, which offers 388% APY. Nearly 3 billion $SOLX tokens have been staked so far, and the number keeps increasing. Solaxy prioritizes security, and Coinsult, a blockchain security firm, has audited the $SOLX token, confirming it as safe and trustworthy.

Solaxy’s token distribution is transparent, with funds allocated to development, rewards, treasury, marketing, and exchange listings. If you want to see what the future holds for Solaxy, you can check our $SOLX price prediction guide.

The presale is attracting almost $500,000 daily, making it one of the most recognized crypto ICOs. This growing momentum highlights the increasing interest in utility-driven projects that solve real-world problems.

Solaxy also benefits from an active community, with hundreds of new users joining its Twitter and Telegram channels daily, boosting its popularity even further.

Solaxy: The Layer 2 solution set to transform Solana in 2025

When Solana’s market activity surges, users face more than just long wait times and higher fees – many transactions fail entirely. Dune Analytics data reveals that over 40% of non-vote transactions on Solana failed this week. This marks an improvement from a few months ago when Reddit users reported failure rates as high as 75%.

A large portion of these failed transactions comes from arbitrage trading bots trying to balance prices across markets. For Solana to grow and expand adoption, its transaction system must be reliable. Right now, it’s falling short.

Solaxy is addressing this issue by reducing transaction failures, offering lower fees, and delivering faster speeds. According to its whitepaper, Solaxy’s layer 2 blockchain aims to power the next wave of applications on Solana.

Solaxy Ethereum and Solana Bridging

Source – Solaxy Twitter

With this addition, Solaxy unlocks new possibilities for innovative use cases, free from Solana’s current limitations. Interestingly, the Solaxy team launched its token presale on Ethereum to tap into its larger liquidity pool, fueling the project’s growth.

This strategy has paid off, as seen in Solaxy’s strong presale momentum. Looking ahead, the project may have even greater potential. For a comparison, consider Pepe Unchained, an Ethereum layer 2 blockchain centered on meme coins.

Despite the crowded Ethereum layer 2 space, with 99 tokens listed on CoinGecko, Pepe Unchained surged 10x after its presale ended in December, reaching a $400 million market cap at its peak. Solaxy aims to achieve similar success, if not surpass it.

Unlike Pepe Unchained, Solaxy takes a unique approach as the only layer 2 solution tackling Solana’s congestion problem. Could it outperform Pepe Unchained? The potential is there, but time will tell. One thing is clear – Solaxy is a cryptocurrency to watch closely in 2025. To take part in the $SOLX token presale visit solaxy.io.

Related

  • Top Meme Coin Projects to Consider for January Investments – Pepe, Wall Street Pepe, Solaxy, ai16z, and Pudgy Penguins
  • First SOL Layer 2 Project Presale Solaxy Soars Past $8M – Next Big Solana Gem?
  • Whale Investors Target Blockbuster $7.8M New Presale Solaxy, An Ethereum-Compatible Solana Layer 2

Comments

Post a Comment

Popular posts from this blog

Dogecoin Price Prediction: DOGE Surges 10% As This PEPE Derivative ICO Heads For $30M – Next Crypto To Explode?

Image
The Dogecoin price surged more 10% in the last 24 hours to trade at $0.1465 as of 11:16 p.m. EST on trading volume that jumped 20% to $2.24 billion. Dogecoin Price Indicators Show A Continued Bullish Rally The Dogecoin price has been in a sustained bullish rally since October 8, as the bulls took control of the price at the $0.099 support level, as shown on the DOGE/USDT chart Analysis on the 12-hour timeframe. The parabolic surge after a slight downtrend formed a rounding bottom pattern, which the bulls are now capitalizing on to continue pushing the price even higher. DOGE now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the sustained surge to the upside. Furthermore, the Relative Strength Index (RSI) is at 79.76, which is overbought territory. An overbought reading signals that the price has risen rapidly and may experience a short-term pullback or consolidation before continuing its upward momentum. However, in strong bullish tren...
Read more

Quant Loses Value As It Meets Rejection At $125

Image
Mar 05, 2023 at 09:14 // Price Author Coin Idol The price of Quant (QNT) has resumed its downtrend after falling below the moving average lines and the support level of $130. Quant long-term price forecast: bearish Buyers have consistently supported the $130 price level since February 9. The altcoin recorded an uptrend to a high of $147 on February 15, but was rejected. Buyers were unable to keep the price above $150, which led to the decline. Selling pressure increased once the price fell below the moving average lines. However, the price signal suggests...
Read more

Luigi Mangione Price Prediction: LUIGI Skyrockets 35,000% After Murder Arrest As Experts Predict Parabolic Gains for This PEPE Alternative ICO

Image
The Luigi Mangione price soared more than 35,000% in the last 24 hours to trade at $0.03153 as of 02:21 a.m. EST on trading volume that jumped to $174 million. The LUIGI token is named after Luigi Mangione, who was charged in last week’s shooting of UnitedHealthcare CEO Brian Thompson. Mangione was identified earlier as a person of interest and has been arrested on firearms and other charges in Pennsylvania. Luigi Mangione Price Aims For A Bullish Trend Reversal According to the LUIGI/USD chart Analysis , the Luigi Mangione price experienced a strong bullish trend after its launch, marked by a steep green upward arrow, suggesting significant buying momentum. This upward move saw increasing volume, supporting the price surge. After hitting a peak (near $0.057), the price entered a falling wedge, which is indicative of a cooling-off period or a potential reversal, according to data from GeckoTerminal .  The price of Luigi Mangione is trading below the 25-day Simple Moving ...
Read more