The Layer-2 project Solaxy has achieved a significant milestone by raising $26 million prior to its official launch. Analysts are predicting substantial returns for early investors, fueling excitement around Solaxy (SOLX). Solaxy aims to enhance the Solana blockchain by addressing issues such as network congestion, failed transactions, and scalability limitations, thereby making it faster, smoother, and more cost-effective.
Umar Khan, an analyst from 99Bitcoins, a popular crypto analysis channel, expressed enthusiasm for Solaxy’s potential, highlighting its high staking rewards and its solutions to real issues within the Solana ecosystem. Khan finds these factors a strong indication of Solaxy’s promise, asserting that those who believe in Solana will likely be drawn to this project. Another analyst, ClayBro, also predicts that SOLX could “lead the way” in the next bull market cycle.
Solaxy’s presale phase is progressing robustly, having raised $26.2 million, with over $100,000 being contributed daily. This influx of capital underscores the crypto community’s strong interest in Solaxy. The current SOLX price is $0.001662, with plans for incremental increases, benefiting early investors with lower costs. Investors can acquire SOLX via the official website or the Best Wallet mobile app. Following the presale, a Token Generation Event (TGE) will occur, allowing investors to claim their SOLX. The presale has sparked significant activity in Solaxy’s Telegram and Twitter communities, with discussions about a potential price surge once SOLX is listed on a DEX.
Regarding its audit and tokenomics, Solaxy has been vetted by Coinsult, a respected blockchain security firm, reinforcing its commitment to transparency. The tokenomics allocate 25% of the 138 billion SOLX tokens for rewards, 30% for development, 15% for marketing, 10% for exchange liquidity, and 20% for the treasury. As Solaxy continues to develop, its ability to resolve Solana’s congestion issues could attract numerous users, particularly developers building dApps. The forthcoming launch on DEXs and CEXs is likely to increase its accessibility and demand, pointing to a promising future for Solaxy as it approaches Q2 2025.
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