Solaxy Smashes $35 Million in Viral Crypto Presale: Next 100x Solana Token?

Crypto has shifted back into bull mode, with Bitcoin (BTC) temporarily surging past $105,000 following the 90-day tariff suspension negotiated by China and the US. In the meantime, Ethereum (ETH) has surged 50% since its Pectra upgrade on May 7, settling near the $2,500 level. This market-wide confidence has now sparked fast-paced gains for Layer 2 (L2) coins, driving their combined market cap to more than $17 billion.

Most leading L2 coins have witnessed double-digit percentage moves over the last week, with Arbitrum (ARB), Optimism (OP), and Immutable (IMX) each gaining around 40%. Crypto presales are also booming, with the viral Layer 2 project Solaxy (SOLX) surpassing $35 million during its internet-dominating presale.

Investors are now intensely focused on Solaxy, as it’s aiming to make Solana a more consistently reliable blockchain for both users and developers. Now that Solana has established itself as a go-to chain for projects that produce high transaction volumes (such as meme coins, games, and NFTs), many see Solaxy as a catalyst for the next wave of Solana adoption.

Early buyers can still buy SOLX in the latest presale phase for just $0.001724, but this price will increase incrementally until the sale wraps up.

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Altcoin Season Incoming? Solana’s Comeback Signals Market Shift

After a prolonged bear market earlier this year, altcoins are now back in the spotlight. Bitcoin rallied above $100,000 on May 8—and that major psychological milestone caught the world’s attention. Historically, when BTC makes big moves, it often triggers a “pass the baton” effect, where profit-taking BTC holders rotate their funds into higher-risk altcoins.

We’re now seeing that scenario play out, as key metrics signal a classic alt season is already in progress. The total altcoin market cap has broken out of its multi-month downtrend, and individual altcoins are posting major gains. For example, Pi Network doubled in value over the last week—and Solana bulls are working to maintain the L1 crypto’s latest uptrend.

Top crypto commentators have also noted that deeper market data supports a new alt season, as Bitcoin’s dominance dipped on the weekly timeframe. Michael van de Poppe (an influencer with over 786,000 followers) recently pointed out a bearish divergence on Bitcoin’s dominance chart, hinting that altcoins are set to outperform BTC for the next stretch of this cycle.

Solana’s SOL cryptocurrency is currently vying with Binance Chain’s BNB for fifth place on the crypto market cap leaderboard, and jumped by roughly 23% in the last week. Ethereum is still leading the pack overall, with a market cap of $314 billion and seven-day gains of 41%—but for Solana investors, these statistics just show how much more room Solana has left to grow.

On-chain data shows that Solana’s DeFi total value locked (TVL) has climbed back toward $9.6 billion (up from $6 billion a month ago), reflecting renewed investor faith in the network’s capabilities. Meanwhile, a recent Sygnum Bank research report cites improved regulations and on-chain user growth as primary catalysts that could carry altcoins higher.

Across the industry, the utility of Layer 2 solutions has become a dominant theme in sustaining growth. This is a perfect setup for L2s like Solaxy, which adds an extra layer to Solana’s base chain and will help it handle transactions more efficiently.

Here’s How Solaxy Can Unlock the Next Level of Performance for Solana

Solana has a proven track record for speed, boasting thousands of transactions per second at fractions of a penny in fees. Still, high-traffic events have occasionally led to network congestion and outages. Solaxy’s team designed their L2 to address these bottlenecks by offloading some of the network’s workload onto a customized Layer 2 environment, and seamlessly rolling that data back to the Solana main chain.

It’s essentially a power-up for Solana, designed to process massive transaction volumes without sacrificing speed or security.

A recent update from the Solaxy team on May 6 sheds more light on its progress, as the developers have revamped their node architecture for faster synchronization and more stable database updates. This will help the network resume normal operations quickly, even after system resets or software upgrades.

The heart of any Layer 2 solution lies in how it bundles transactions. Solaxy has refined its rollup processes to ensure data finalizes swiftly and accurately on the Solana mainnet, and the project has also resolved UI lags to ensure a smooth experience for testers and, eventually, everyday users.

Solaxy’s roadmap also promises a built-in multi-chain bridge connecting Solana and Ethereum, which is now under development. This will open a pipeline between Solana’s high-speed environment and Ethereum’s deep liquidity pools, offering an easy way to move assets across two of the world’s largest crypto ecosystems.

All these features feed into a core narrative: real utility that provides value across almost every Solana use case. In a recent YouTube video, the crypto analyst ClayBro explained his own thesis about Solaxy’s presale success, and asserted that it could be one of the most in-demand new tokens of 2025.

At the center of all this activity, the SOLX coin is expected to prove its worth in 2025. Holders will use Solaxy’s native crypto to pay transaction fees on the Layer 2, propose and vote on protocol changes, and even earn staking rewards. Early buyers can now stake SOLX tokens for a dynamic APY of 113% pa.

How to Buy SOLX Tokens Before They Sell Out

With over $35 million already raised, and whale buys accelerating, Solaxy’s presale is rapidly approaching its next funding stage. Potential buyers should note that presale stages can sell out early, so quick-moving investors have an extra advantage. You can buy SOLX for just $0.001724 for now, but that price won’t last long as capital continues to pour in.

After the presale ends, Solaxy is scheduled for listings on decentralized exchanges (DEXs), and potentially some big-name centralized exchanges. If it lands on enough major trading platforms, SOLX could quickly hit a 100x for presale participants.

Buyers can visit Solaxy’s official website to start adding SOLX to their altcoin portfolios. You can purchase the tokens using Best Wallet or any Web3 wallet that supports Solana, and use them as a passive income source via staking as part of the investment process.

Visit Solaxy Presale

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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.