Solaxy ($SOLX), a Layer 2 scaling solution for the Solana blockchain, is about to launch, and the presale is a huge success! With less than 48 hours to go, it’s already raised nearly $50 million.
What is Solaxy?
In short, Solaxy aims to fix Solana’s biggest problem: network congestion. Slow transactions, high fees, and downtime are all common issues for Solana users. Solaxy tackles this with off-chain execution and parallel processing, promising near-instant transactions and super low fees.
The project is divided into three phases:
- Phase 1:
Presale, staking incentives, community building. - Phase 2: Token launch (TGE), exchange listing, community growth.
- Phase 3: Deploying the Layer 2 chain, multi-chain integrations, onboarding dApps, and performance optimization.
Solaxy is already in the final stages of Phase 1, having recently launched a testnet bridge, announced its own decentralized exchange (DEX), and partnered with Hyperlane for smoother bridging technology.
Impressive Presale Numbers and Future Potential
The presale numbers are seriously impressive: almost $50 million raised and a massive staking pool. In the last 10 hours alone, large investors (“whales”) purchased over $90,000 worth of $SOLX.
Analysts predict significant growth for $SOLX. They forecast a minimum price of $0.032 by the end of 2025 (a 1720% ROI!), and potentially as high as $0.20 by the end of 2026 (an incredible 11,276% ROI!). That means a $100 investment today could be worth thousands in the next few years, not including the 83% annual percentage yield (APY) from staking.
This potential is driven by several factors: Solaxy’s real-world utility within the Solana ecosystem, its meme potential, and its first-mover advantage as Solana’s first Layer 2 solution.
Should You Invest?
Solaxy’s presale success and its potential to solve Solana’s scaling issues make it a tempting investment. However, remember that the crypto market is volatile. Do your own research before investing any money. The presale ends soon, so if you’re interested, you’ll need to act quickly. This is not financial advice.
