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coinpedia 2025-03-07 06:05:13

Solaxy Presale Surpasses $25M for Solana Layer-2 Solution – Next 100x Crypto?

The post Solaxy Presale Surpasses $25M for Solana Layer-2 Solution – Next 100x Crypto? appeared first on Coinpedia Fintech News Solaxy (SOLX) , the pioneering Layer-2 solution for the Solana blockchain, has achieved a significant milestone by raising over $25 million in its ongoing presale. This achievement shows growing investor confidence in Solaxy’s mission to enhance Solana’s scalability and efficiency. The window to buy SOLX tokens at discounted prices will close as the presale progresses. This presents a timely opportunity for early adopters who can also stake their tokens and increase their holdings while the presale lasts. Addressing Solana’s Challenges Solana has been the most popular blockchain for DeFi and meme coin trading thanks to its high transaction speeds and low fees, which made it a formidable Layer-1 blockchain. However, its rapid adoption has led to challenges such as network congestion and occasional transaction failures, particularly during periods of heightened activity. With thousands of meme coins launched daily on Solana, where even US President Donald Trump decided to launch his OFFICIAL TRUMP (TRUMP) meme coin, the congestion issue will persist for a while. But there is a solution. Solaxy aims to mitigate these issues by introducing a Layer-2 blockchain that processes transactions off-chain, bundling them into one transaction before sending them for settlement on mainnet. This will alleviate the load on Solana’s mainnet, making it usable even during peak congestion. DEV UPDATE 3: SP1 zkVM Proofs: Validating the Future We've successfully integrated: • SVM inside zkVM • SP1 + Sovereign rollup framework • We are collaborating with @Sovereign_Labs to refine the optimistic mode of the rollup & finalize security measures. Data… — SOLAXY (@SOLAXYTOKEN) February 2, 2025 According to the latest dev update , the Solaxy team has made significant progress this week, focusing on enhancing user accessibility and network efficiency. Collaborations with major wallet providers are underway to simplify interactions with Solaxy, ensuring that non-technical users can seamlessly navigate the ecosystem. Additionally, discussions are ongoing with key platforms to expand token launchpad capabilities, making it easier to deploy projects on Solaxy. These efforts aim to strengthen the network’s usability and attract more participants. Infrastructure optimizations have been a priority on the technical front, leading to reduced latency, higher transaction throughput, and lower user fees. Enhancements in on-chain data storage on Solana L1 are also being implemented to minimize costs and maximize efficiency. A dedicated bridge UI using Hyperlane’s repository has begun. This feature will enable smooth cross-chain transfers between Solana, Ethereum, Base, and Solaxy. Once finalized, it will be accessible via Hyperlane’s official interface, further solidifying Solaxy’s multi-chain capabilities. SOLX Token Powers the Ecosystem The SOLX token is at the heart of Solaxy’s ecosystem. Its distinguishing feature is its multi-chain compatibility. By operating seamlessly across Solana and Ethereum networks, it allows users to leverage Ethereum’s extensive liquidity while benefiting from Solana’s swift transaction capabilities. The ongoing SOLX presale is structured to reward early participants with the most favorable pricing, where token prices will incrementally increase as funding milestones are achieved. That said, investors can buy SOLX now for $0.001654 apiece. Note that the price will go up in less than 10 hours, making it prudent to buy early. In addition, presale participants can stake their SOLX holdings immediately for a dynamic yield of 163%. Being dynamic means it drops as more tokens are staked. As a result, early stakers will benefit the most. This could be why popular crypto YouTubers like Danjo Capital Master praise SOLX and believe this could be the best meme coin to buy in 2025. SOLAXY PART 2 – BEST MEME COIN IN 2025? Solaxy’s Future is Here – Get Involved Today! Solaxy’s successful presale and innovative approach to scaling Solana’s capabilities make it a noteworthy project in the blockchain space. As the presale progresses, interested investors can take advantage of the current pricing and staking benefits while they last. With its focus on addressing existing blockchain challenges and fostering interoperability between major networks, Solaxy is poised to impact the landscape of Layer-2 blockchains. Investors can participate via the official Solaxy presale website, with payment options including Ethereum (ETH), Solana (SOL), Tether (USDT), and Credit Cards. Additionally, the Best Wallet app , accessible on both Google Play and Apple App Store , offers a convenient way to purchase and manage SOLX tokens. Visit Solaxy

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