Solana has recently shown a strong rebound, nearly doubling from its recent $95 lows to around $180, following a short-lived pullback in both Solana and Bitcoin.
This renewed momentum has sparked growing interest in Solana-based projects, especially Solaxy, which is gaining traction as the first-ever Layer 2 blockchain built on the Solana network.
Solaxy has rapidly raised over $35.5 million, signaling strong investor confidence and positioning itself as one of 2025’s fastest-growing ICOs. A major whale purchase of $200,000 worth of $SOLX tokens has further boosted sentiment, suggesting belief in its long-term value.
By tackling network congestion, transaction failures, and scalability issues, Solaxy aims to enhance Solana’s infrastructure during periods of high demand. As a multi-chain token operating on both Ethereum and Solana, it combines the liquidity and reach of Ethereum with the speed and affordability of Solana.
Solaxy’s dual-layer architecture delivers fast and seamless transactions while eliminating the high gas fees typically found on other blockchains.
Its near-zero transaction costs make it particularly suited for everyday use, enabling everything from microtransactions to large transfers without the financial strain of excessive network fees.
Source – ClayBro on YouTube
Solaxy’s $35.5M Presale Milestone and Exciting Updates Push Development Forward
As of May 6th, the team behind the Solaxy has made significant progress in advancing development. Key dependencies were updated to dramatically accelerate node synchronization, allowing for faster restarts and smoother database schema transitions.
The testing framework was also strengthened to eliminate inconsistencies and ensure greater reliability. Further improvements were made to the rollup system, enhancing the overall efficiency of Solaxy’s operations.
Additionally, UI glitches affecting block time displays were resolved, leading to a noticeably better user experience. Looking ahead, the upcoming week promises even more momentum with the planned launch of the next phase of the Solaxy Testnet, including the public release of the bridge for users to try and explore.
Solaxy Development Update!
Behind the scenes, the Solaxy team has been making powerful strides to drive the project forward:
◉ Node Performance
◎ Updated key dependencies to speed up node syncing significantly.
◎ Quicker restarts and smoother database schema changes.… pic.twitter.com/vVKht1raPy
— SOLAXY (@SOLAXYTOKEN) May 9, 2025
Solaxy, currently in its presale phase, has already raised over $35.5 million—a remarkable milestone that highlights increasing investor confidence and strong interest in the project’s long-term potential.
Investors can purchase $SOLX for $0.001724 using either a bank card or cryptocurrency via the Best Wallet app. With less than 30 hours remaining before the next price hike, the project is also offering an impressive 113% staking reward, further encouraging early participation.
Solaxy’s rising momentum is evident through its growing online presence, with more than 74,000 followers on X (formerly Twitter) and over 12,000 members in its Telegram community.
This level of exposure often plays a crucial role in driving price momentum, particularly for meme coins backed by solid technical fundamentals. If historical trends repeat and considering the past success of Layer 2 projects during bull runs, Solaxy may be on the verge of a major breakout once it hits the open market.
With the presale countdown nearing its end and community enthusiasm surging, Solaxy is quickly emerging as one of the most promising new contenders in the Solana ecosystem—potentially offering substantial returns in the near future. Visit Solaxy presale here.
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