{"id":155674,"date":"2025-04-29T11:19:00","date_gmt":"2025-04-29T08:19:00","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=155674"},"modified":"2025-04-30T15:21:21","modified_gmt":"2025-04-30T12:21:21","slug":"can-this-layer-2-propel-solana-to-200-solaxy-presale-raises-32m","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/can-this-layer-2-propel-solana-to-200-solaxy-presale-raises-32m\/","title":{"rendered":"Can This Layer-2 Propel Solana to $200? Solaxy Presale Raises $32M"},"content":{"rendered":"

After suffering a steep pullback to under $100 in early April, Solana has been rocketing higher. The blockchain\u2019s native SOL gas token is now trading at $146, a more than 50% gain in just a few short weeks.<\/p>\n

Now, investors are eyeing the next major milestone for Solana: $200, a price it hasn\u2019t seen since February amid the excitement of Trump\u2019s early days in office.<\/p>\n

However, Solana faces a problem reclaiming that level. The blockchain continues to suffer from network congestion, with full-blown outages occurring as recently as last year due to overwhelming traffic and insufficient infrastructure.<\/p>\n

\"SOLX<\/p>\n

Investors are rightly worried that Solana hasn\u2019t solved its underlying technical problems, which could pose a problem for the blockchain\u2019s performance as the next crypto bull run gets underway. As a result, bulls are treading cautiously, and bears are circling, waiting for the next decline in performance to drive down the price of SOL.<\/p>\n

However, this pattern of growth-outage-decline could finally be coming to an end thanks to\u00a0Solaxy (SOLX)<\/a>, a new Layer-2 blockchain built specifically to address Solana\u2019s congestion issues.<\/p>\n

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Solaxy Unlocks Solana\u2019s Potential With Ultra-Fast Layer-2<\/h2>\n

Solaxy<\/a>\u00a0is an Ethereum-based project building the first Layer-2 scaling solution for the Solana ecosystem. It\u2019s designed to provide the basic infrastructure Solana needs to scale efficiently, without a risk of congestion or downtime.<\/p>\n

The new Layer-2 can process transactions faster than Solana while benefiting from the mainnet\u2019s security, creating a robust new process for transactions within the Solana ecosystem. Solaxy is also expected to be cheaper than the Solana mainnet, encouraging a major shift in traffic from the mainnet to the Layer-2.<\/p>\n

It\u2019s a win-win development that promises to give Solana the breathing room it needs without removing demand from the broader ecosystem. Transactions on Solaxy will require the new Layer-2\u2019s SOLX gas token, creating demand for SOLX and pushing up its price. Meanwhile, Solana will benefit from increased transaction volume, reduced barriers to development, and an end to fears about downtime.<\/p>\n

So, it\u2019s no surprise that Solaxy\u2019s token presale has been a massive success, especially with Solana bulls. The project has sold more than $32 million worth of SOLX as investors get in early position to use the new Layer-2 and benefit from explosive growth in the SOLX token\u2019s price.<\/p>\n

Could Solana Meme Coin Trading Shift to Solaxy?<\/h2>\n

Solaxy\u2019s biggest near-term impact could be on Solana meme coin trading, which has been a key driver of the ecosystem\u2019s value. Solana meme coins like TRUMP, BONK, and PENGU have a combined market cap of $5.25 billion, and the meme coin generator Pump.fun has earned more than $600 million in revenue since its launch.<\/p>\n

Solaxy\u2019s Layer-2<\/a>\u00a0is expected to increase execution speed, minimize the risk of transaction failure, and offer lower gas fees compared to the Solana mainnet. So, it\u2019s likely to be an easy decision for meme coin traders to shift their activity onto Solaxy.<\/p>\n

That\u2019s expected to drive massive demand for the SOLX token shortly after its launch. Estimates for how much revenue Solaxy could bring in vary, but crypto analyst Jacob Bury recently predicted the SOLX token could jump by 10x or more after launch.<\/p>\n