{"id":160532,"date":"2025-06-21T19:35:03","date_gmt":"2025-06-21T16:35:03","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=160532"},"modified":"2025-06-21T19:35:03","modified_gmt":"2025-06-21T16:35:03","slug":"solaxy-set-to-launch-as-solanas-first-layer-2-after-raising-56-million-best-crypto-to-buy","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/solaxy-set-to-launch-as-solanas-first-layer-2-after-raising-56-million-best-crypto-to-buy\/","title":{"rendered":"Solaxy Set to Launch as Solana\u2019s First Layer 2 After Raising $56 Million: Best Crypto to Buy?"},"content":{"rendered":"<p>In what\u2019s turning out to be one of the most record-breaking crypto presales of the year, <a href=\"https:\/\/cryptodnesbg.care\/b_solaxy-en_167?referrer=solaxy-set-to-launch-as-solana%E2%80%99s-first-layer-2-after-raising-%2455-million-in-final-presale-stage\" target=\"_blank\" rel=\"noopener nofollow\">Solaxy (SOLX)<\/a> has raised over $55.5 million. This success has largely been supported by investors and project builders who see tremendous potential in projects that can enhance Solana\u2019s already formidable capabilities. The DeFi lending sector is also a key point of focus, as the total value locked in crypto lending protocols recently surpassed $53 billion.<\/p>\n<p>Considering the pace of this growth, market experts are looking to Solana as the ideal blockchain to meet this rising demand. Institutional investors have also been doubling down on Solana\u2019s ecosystem via fresh capital inflows. Meanwhile, US regulators have shown a willingness to advance approvals for Solana exchange-traded funds (ETFs), making the pessimistic attitude of previous years feel like a distant memory.<\/p>\n<p>Against this backdrop, Solaxy, the first-ever Layer 2 scaling solution on Solana, is gearing up for its mainnet launch on July 7 \u2013 after which it will immediately begin helping Solana to address its surging DeFi demand.<\/p>\n<p>Investors only have two days to <a href=\"https:\/\/cryptodnesbg.care\/b_solaxy-en_167?referrer=solaxy-set-to-launch-as-solana%E2%80%99s-first-layer-2-after-raising-%2455-million-in-final-presale-stage\" target=\"_blank\" rel=\"noopener nofollow\">buy SOLX tokens for $0.001766 before the token claim<\/a> begins on June 23.<\/p>\n<hr>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><em><strong>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.<\/strong><\/em><\/span><\/p>\n<hr>\n<h2><strong>Institutions Turn to Solana for On-Chain Finance, Solaxy Steps in as the Layer 2 Fix<\/strong><\/h2>\n<p>A new wave of DeFi adoption is underway, fueled by the expansion of tokenized real-world assets and increased institutional participation. Per a <a href=\"https:\/\/reports.artemisanalytics.com\/stablecoins\/onchain-yields-what-the-data-shows-and-whats-next-2025-06.pdf\" target=\"_blank\" rel=\"noopener nofollow\">recent market report by Artemis and vaults.fyi<\/a>, the total value locked on top lending platforms has surged 60% in the past year (and is now approaching $60 billion), as traditional finance embraces on-chain yield markets.<\/p>\n<p>With almost $10 billion locked into its own DeFi protocols, Solana is emerging as the go-to network for on-chain finance, with market commentators praising its pioneering technology and high developer growth rate (which is even faster than Ethereum\u2019s).<\/p>\n<p>At the same time, SOL Strategies (HODL), a Canadian firm that holds more than 420,000 SOL in its reserve, has applied to list on the Nasdaq exchange in the US. This move is particularly notable as it replicates MicroStrategy\u2019s Bitcoin playbook (led by Michael Saylor), but focuses on Solana exposure instead.<\/p>\n<div class=\"ratio ratio-16x9\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">SOL Strategies has filed Form 40-F with the SEC, an important step toward our potential Nasdaq listing under the symbol STKE.<\/p>\n<p>This filing expands our path to U.S. capital markets while maintaining our CSE listing under HODL.<\/p>\n<p>Read the full announcement: <a href=\"https:\/\/t.co\/51g0zs9qX7\" target=\"_blank\" rel=\"nofollow\">https:\/\/t.co\/51g0zs9qX7<\/a><\/p>\n<p>\u2014 SOL Strategies (CSE: HODL | OTCQB: CYFRF) (@solstrategies_) <a href=\"https:\/\/twitter.com\/solstrategies_\/status\/1935677602301100261?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">June 19, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p><\/div>\n<p>This institutional confidence reaffirms Solana\u2019s momentum, but also highlights its challenges. During January\u2019s meme coin frenzy, Solana\u2019s network experienced temporary but significant congestion, leading to slower transactions when cryptos like the Official Trump (TRUMP) coin exploded in popularity.<\/p>\n<p><a href=\"https:\/\/cryptodnesbg.care\/b_solaxy-en_167?referrer=solaxy-set-to-launch-as-solana%E2%80%99s-first-layer-2-after-raising-%2455-million-in-final-presale-stage\" target=\"_blank\" rel=\"noopener nofollow\">Solaxy\u2019s Layer 2 solution<\/a> directly targets Solana\u2019s scalability bottlenecks by offloading transaction bundles to a secondary network for processing, and finalizing them on Solana\u2019s Layer 1.<\/p>\n<p>By effectively expanding throughput and reducing on-chain load, Solaxy will ensure that surging user activity (from DeFi trades to in-game actions) can be handled without degrading Solana\u2019s performance. Solaxy\u2019s Layer 2 will also offer a cross-chain feature, using a bridge to Ethereum and Solana to connect liquidity between the two ecosystems.<\/p>\n<h2><strong>Whales Push Solaxy Presale Past $55 Million as Mainnet Launch Nears<\/strong><\/h2>\n<p><a href=\"https:\/\/cryptodnesbg.care\/b_solaxy-en_167?referrer=solaxy-set-to-launch-as-solana%E2%80%99s-first-layer-2-after-raising-%2455-million-in-final-presale-stage\" target=\"_blank\" rel=\"noopener nofollow\">Solaxy\u2019s presale<\/a> has raised over $55.5 million, making it one of the year\u2019s most successful crypto presale campaigns.<\/p>\n<p>On-chain data continues to show significant whale participation, with large purchases accelerating the presale raise from $53 million to over $55 million in a matter of days. This demand even prompted Solaxy\u2019s team to briefly extend the sale\u2019s timeline to accommodate last-minute interest.<\/p>\n<p>The Solaxy team has also carried out two massive token burns, permanently removing about 55 billion SOLX (roughly 40% of the total supply) from circulation even before the token enters the market. This dramatic supply reduction (worth nearly $100 million in total) shows the team\u2019s commitment to sustainable value for early supporters.<\/p>\n<div class=\"ratio ratio-16x9\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Another MASSIVE burn. \ud83d\udd25<\/p>\n<p>We\u2019ve just burned 20,000,000,000 <a href=\"https:\/\/twitter.com\/search?q=%24SOLX&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$SOLX<\/a>, further tightening supply ahead of mainnet.<\/p>\n<p>This follows our previous 35B <a href=\"https:\/\/twitter.com\/search?q=%24SOLX&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$SOLX<\/a> burn, bringing the total burn to 55 BILLION <a href=\"https:\/\/twitter.com\/search?q=%24SOLX&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$SOLX<\/a> \u2013 That's ~40% already burned!<\/p>\n<p>View here: <a href=\"https:\/\/t.co\/0izmHfkIJv\" target=\"_blank\" rel=\"nofollow\">https:\/\/t.co\/0izmHfkIJv<\/a><\/p>\n<p>Less supply.\u2026 <a href=\"https:\/\/t.co\/Q7rIj0BCbc\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/Q7rIj0BCbc<\/a><\/p>\n<p>\u2014 SOLAXY (@SOLAXYTOKEN) <a href=\"https:\/\/twitter.com\/SOLAXYTOKEN\/status\/1935703162608079124?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">June 19, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p><\/div>\n<p>Solaxy\u2019s Layer 2 rollout is now in full swing, and a series of key milestones are planned for the coming weeks. The SOLX token\u2019s claim portal will go live for presale buyers on June 23 \u2013 and the Solaxy mainnet is scheduled to launch on July 7, marking the official debut of Solana\u2019s first Layer 2 solution. This launch will include the full cross-chain bridge functionality between Solaxy, Ethereum, and Solana.<\/p>\n<p>On July 14, Solaxy will launch the much-awaited Neptoon (native DEX) platform, followed by the Igniter Protocol no-code token launchpad just one week later.<\/p>\n<h2><strong>Solaxy Could Be the Backbone of Next-Gen On-Chain Activity<\/strong><\/h2>\n<p>Solaxy\u2019s core strength lies in its ability to provide a real solution to Solana\u2019s scaling needs. By leveraging Solana\u2019s base layer security while executing transactions on a new Layer 2, Solaxy will effectively turbocharge throughput for activities like trading, NFT minting, and gaming.<\/p>\n<p>The project\u2019s emergence also comes at a pivotal time: with DeFi protocols integrating real-world assets, and on-chain asset managers <a href=\"https:\/\/reports.artemisanalytics.com\/stablecoins\/onchain-yields-what-the-data-shows-and-whats-next-2025-06.pdf\" target=\"_blank\" rel=\"noopener nofollow\">quadrupling their capital this year to over $4 billion<\/a>, there\u2019s a growing need for infrastructure that can handle institutional-grade volumes. Solaxy can position the Solana network to capture more of that flow without the hiccups seen in prior high-traffic episodes.<\/p>\n<p>Industry experts have also noted that after Ethereum\u2019s success with its own Layer 2s, <a href=\"https:\/\/cryptodnesbg.care\/b_solaxy-en_167?referrer=solaxy-set-to-launch-as-solana%E2%80%99s-first-layer-2-after-raising-%2455-million-in-final-presale-stage\" target=\"_blank\" rel=\"noopener nofollow\">Solaxy\u2019s L2 could open the floodgates for new Solana projects<\/a> and blockchain users who demand both speed and scalability.<\/p>\n<div class=\"ratio ratio-16x9\"><iframe loading=\"lazy\" title=\"Solaxy, The first Layer 2 on SOLANA! (Not A Meme Coin)\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/qtvEQsnmU8s?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<p>For early believers in Solaxy, its presale offers a final chance to secure a stake in what could be a historically significant Layer 2 ecosystem. The SOLX token claim opens on Monday for presale buyers, after which SOLX will begin trading on decentralized exchanges \u2013 with more listings to follow.<\/p>\n<p>Buyers can also immediately deploy their tokens in Solaxy\u2019s staking program to earn up to 76% APY rewards.<\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/cryptodnesbg.care\/b_solaxy-en_167?referrer=solaxy-set-to-launch-as-solana%E2%80%99s-first-layer-2-after-raising-%2455-million-in-final-presale-stage\" target=\"_blank\" rel=\"noopener nofollow\"><strong>Visit Solaxy Presale<\/strong><\/a><\/p>\n<p style=\"text-align: center;\"><strong>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. <\/strong><strong>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.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In what\u2019s turning out to be one of the most record-breaking crypto presales of the year, Solaxy (SOLX) has raised over $55.5 million. This success has largely been supported by investors and project builders who see tremendous potential in projects that can enhance Solana\u2019s already formidable capabilities. The DeFi lending sector is also a key [&hellip;]<\/p>\n","protected":false},"author":104,"featured_media":160535,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[54],"tags":[],"class_list":["post-160532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pressrelease"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Solaxy Set to Launch as Solana\u2019s First Layer 2 After Raising $56 Million: Best Crypto to Buy?<\/title>\n<meta name=\"description\" content=\"Solaxy raises $55 million ahead of June 23 token claim and is launching Solana\u2019s first L2 on July 7 - last chance to buy SOLX at $0.001766...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/solaxy-set-to-launch-as-solanas-first-layer-2-after-raising-56-million-best-crypto-to-buy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solaxy Set to Launch as Solana\u2019s First Layer 2 After Raising $56 Million: Best Crypto to Buy?\" \/>\n<meta property=\"og:description\" content=\"Solaxy raises $55 million ahead of June 23 token claim and is launching Solana\u2019s first L2 on July 7 - 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