New Solana Layer-2 scaling solution Solaxy ($SOLX) is making headlines throughout the crypto market after raising more than $26 million in its ongoing crypto presale.
The massive enthusiasm among investors and analysts around this new Layer-2 begs the question: could it ultimately supplant the Solana blockchain as the next hub for meme coin trading and development?
That might seem far-fetched at first given that Solana is the 3rd-largest smart contract blockchain with a value of $67 billion. But Ethereum Layer-2 networks have racked up nearly $50 billion in total value locked, and Solaxy will be the only Layer-2 scaling solution available on Solana when it launches.
Plus, analysts are weighing in with predictions that Solaxy could be big. Jacob Crypto Bury predicted the $SOLX token could 10x after it hits exchanges, and developers could flock to the new Layer-2 instead of the Solana mainnet once they see what Solaxy can do.
Even if Solaxy doesn’t fully eclipse Solana, one thing seems almost certain: this Layer-2 is bound for greatness.
Solaxy Plans to End Network Congestion, Boost Speeds, Lower Costs
Solaxy’s Layer-2 comes at a crucial moment for the Solana blockchain. It’s recently been losing ground to competing smart contract networks Ethereum and BNB Smart Chain, both of which are further along in development than Solana and have more institutional support behind them.
Solana has benefited massively from Pump.fun and the thousands of meme coins it produces daily. However, issues with network congestion and transaction failure have left traders searching for an alternative blockchain to use going forward.
Enter Solaxy, which plans to use zero-knowledge rollups to massively increase the transaction processing capacity of the Solana blockchain. The Layer-2 is expected to put an end to network congestion and unleash the full potential of the Solana ecosystem—and bring a resurgence in trading and development.
What is Solaxy? 🤔
Solaxy is the latest and greatest improvement to Solana that:
🛸 Processes transactions off-chain to reduce congestion
🛸 Uses rollups to bundle transactions for cost-efficiency
🛸 Maintaining security on Solana’s L1
The result? A faster, cheaper, &… pic.twitter.com/aphIimSVOy
— SOLAXY (@SOLAXYTOKEN) March 13, 2025
At the same time, Solaxy’s approach is expected to make the Solana ecosystem even better by boosting finality speed and reducing transaction fees. These are the same benefits that made Layer-2s the networks of choice on Ethereum, and Solaxy is now applying this approach to Solana.
It’s worth noting that some analysts think Layer-2s could become more valuable than the Ethereum mainnet by 2030. That’s an indication of just how important scaling solutions have become, and the potential for Solaxy to dominate the future of Solana.
$SOLX Token Poised for Explosive Gains As Solaxy Grows
At the heart of Solaxy’s Layer-2 is the new $SOLX token, which has attributes of both a meme coin and a utility coin.
On the meme front, Solaxy has mirrored viral themes like Pepe to bring attention to its new Layer-2 and celebrate Solana’s position as a meme trading hub. By embracing memes, Solaxy is set up to endear itself to meme coin traders and encourage a significant portion of the community to join its new network.
On the utility side, the $SOLX token plays a key role as the native gas coin for the Solaxy Layer-2. All transactions taking place on Solaxy must be paid for in $SOLX tokens.
This is very important because it means that any traders or developers who want to benefit from the new network’s increased speed and reduced cost must hold $SOLX. As Solaxy’s popularity grows and it attracts more new development, demand for its token could skyrocket.
So, it’s clear why the Solaxy presale has been such an enormous success—anyone who wants to use the new Layer-2 is strongly incentivized to buy $SOLX tokens now, before the price pumps higher. Not only can they earn profits from the price increase in $SOLX, but they can also lock in tokens and be among the first to start using Solaxy.
Join the $SOLX Token Presale Today
After raising more than $26 million, the Solaxy token presale is still going strong. However, it may be nearing the end as tokens sell out. So, investors who want to get their hands on $SOLX before it hits exchanges have to hurry.
$SOLX is available to buy now for only $0.001662, a generous discount from the planned listing price. In addition, the project is offering staking rewards up to 155% APY, giving early investors a chance to fill their bags with even more tokens ahead of the launch.
Source: SOLAXY’s X
During the presale, investors can buy $SOLX with $ETH, $USDT, $BNB, $SOL, or a credit or debit card. The project’s smart contract has been audited by Coinsult, providing confidence that Solaxy is legit.
Solaxy is setting up to be one of the most explosive new token launches of the year, so this is an opportunity investors won’t want to miss. Be sure to follow Solaxy on X and Telegram to get all the latest updates on the presale and network launch.
