Solaxy Hits $32 Million Milestone — Time to Ride the Solana L2 Wave?

With Solana back to $150 and Bitcoin inching closer to the $100,000 mark, investor excitement continues to build. Markets are buzzing, liquidity is flowing, and capital is once again chasing the next wave of innovation through risk-on investments.

Solaxy, a first-of-its-kind Layer-2 built on and for the Solana blockchain, managed to stand out from the rest. The project managed to raise over $32 million in its presale, showing significant interest from investors who see potential in this ambitious new platform.

With early buyers rushing into the presale and staking rewards available even before launch, Solaxy appears poised to capture both speculative interest and long-term adoption.

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Fixing Solana Core Scalability Issues

Solana has established a reputation as one of the fastest blockchains, processing over 4,000 transactions per second (TPS), but it hasn’t been without its flaws. Network congestion, intermittent downtime, and failed transactions have shaken user trust.

Solaxy aims to tackle these head-on. As the first-ever Layer-2 solution for Solana, it introduces a rollup-based architecture designed to streamline performance and eliminate the most persistent issues. It aims to remove congestion by bundling and executing transactions off-chain and then settling them securely on the Solana mainnet. This helps prevent traffic jams, especially during high-demand periods when traditional Solana dApps might falter.

More importantly, it reduces the rate of failed transactions, a key frustration for developers and users alike. For an ecosystem that thrives on speed, these upgrades could make a meaningful difference in maintaining momentum during this bull cycle.

Due to its use case, Borch Crypto, a popular YouTube channel, believes Solaxy can achieve a 50x return.

Bridging Solana and Ethereum

What truly sets Solaxy apart is its ability to bring liquidity to Solana. The SOLX token, native to the Solaxy Layer-2 network, is designed to operate seamlessly across both Ethereum and Solana. That means it can tap into Ethereum’s liquidity while benefiting from Solana’s low-cost infrastructure.

This dual compatibility opens the door to greater adoption, making SOLX a valuable asset for DeFi applications, NFT projects, and trading tools across two of the most active ecosystems in the cryptocurrency space.

Being multi-chain means it directly supports a broader base of traders, stakers, and developers who prefer to operate across multiple chains without sacrificing the benefits of any single one. Whether you’re coming from MetaMask or Phantom, Solaxy is designed to meet you where you are.

Built for Meme Coins and More

As the meme coin market surges to a market cap of nearly $60 billion, with trading volumes skyrocketing and new tokens launching daily, many traders are frustrated by front-running bots and slow execution times.

Solaxy aims to change that. Its infrastructure is designed to level the playing field, giving users access to the same tools previously reserved for sniper bots and power users. This makes it an attractive destination for meme coin creators and communities seeking reliable, fast, and fair execution.

Solaxy’s architecture also supports all types of decentralized applications (dApps), featuring a modular infrastructure that enables developers to tailor performance for various use cases. Whether it’s DeFi protocols, NFT platforms, or gaming dApps, Solaxy gives builders the flexibility they need without compromising transaction speed.

Solaxy’s Block Explorer is now live, marking a significant milestone for the project. Recent tests have confirmed stable data availability at 140 KB/s on the Solana mainnet, translating to faster storage and a smoother user experience, per the latest dev update. The CLI interface has also been refined for easier interactions, ensuring developers and users can navigate the ecosystem more efficiently.

On the technical side, performance upgrades continue with a 10,000 TPS target in sight for Solaxy’s rollup. Bridging is also improving, with proper CORS setup finalized on the SDK and ongoing work to fix bugs that cause UI mismatches between the rollup and Solana’s L1 behavior. This means that the Solaxy team is deeply involved and working hard to make this one of the leading crypto projects in 2025.

$32M and Climbing — Become Part of the Solaxy Presale Before Launch

As the bull market heats up and eyes turn toward projects with real momentum, Solaxy’s combination of technical innovation and market appeal makes it one to watch. The $32 million already raised is a strong vote of confidence, and with token staking live, presale investors can earn a dynamic yield of 124% APY.

With the presale still open, early investors can secure a bag for $0.00171 per token, using ETH, SOL, USDT, or a card.

Follow Solaxy on X and join their Telegram channel to get the latest updates.

Visit Solaxy Presale

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Nikolay

Nikolay is a crypto enthusiast, with a keen interest in emerging technologies and investment strategies. He holds active positions across various crypto exchanges, regularly analyzing and investing in promising new projects and meme cryptos. Nikolay is known for his ability to take calculated risks and extract value from unconventional investments, with his highest return being 13X with the $PEPE token. His investment philosophy includes a strategic approach focused on long-term growth, supported by in-depth research of market trends and innovations in crypto and blockchain technologies. Niki actively monitors global market changes and has a deep understanding of cryptocurrency mechanisms and their potential for development.