Despite claims that the bull market is over, the crypto space continues to buzz with new opportunities.
Innovative projects are launching rapidly, and early movers are positioning themselves ahead of the curve. One such project, Solaxy (SOLX), aims to enhance the performance of a top-10 cryptocurrency—Solana.
The project is designed to address one of Solana’s long-standing challenges: throughput issues during periods of high-volume activity.
Solaxy Presale Hits $31.2 Million as Meme Coin Hype Builds
The booming meme coin sector has turned its attention to the Solaxy presale, which has already attracted over $31.2 million in early funding. At just $0.001702 per token, $SOLX presents an appealing entry point for new investors.
Joining the presale takes only a few steps. Visit the Solaxy website, connect a preferred wallet, choose a payment cryptocurrency, and enter the purchase amount. Solaxy supports investors from both the Solana and Ethereum networks.
Using Best Wallet enhances the process by displaying $SOLX tokens ahead of the launch and offering seamless access across Ethereum and Solana.
Source – Cryptonews YouTube Channel
Staking adds another layer of value for $SOLX holders, with returns reaching up to 129% APY. Investors have already staked over 8.9 billion tokens. To support this feature, Solaxy allocated 25% of the total supply specifically for staking incentives, even allowing participation during the presale.
Solaxy backs its long-term growth with a strategic token distribution plan. Developers will receive 30% of the supply to support continuous innovation. After the presale, 10% will go toward listings on leading Decentralized and Centralized Exchanges (DEXs and CEXs), ensuring liquidity.
To boost visibility, 15% of tokens are set aside for marketing. Meanwhile, 20% will strengthen the project’s treasury, reinforcing financial resilience.
After the presale, investors will be able to transfer their $SOLX tokens to Layer 2 networks. This move will coincide with the token’s launch on major DEXs and CEXs, opening the door to broader adoption and trading opportunities.
Solaxy Dev Update Sparks Investor Interest
Solaxy deployed its test network on April 19, processing 1 million transactions during the rollout. It launched with a starting speed of 16 transactions per second (TPS), but developers now aim to scale that up to 10,000 TPS. For comparison, Solana currently handles around 6,500 TPS.
Although Solaxy runs on the same virtual machine framework as Solana, it incorporates roll-up technology to boost bandwidth and overall performance. This milestone marks a major step for the Solaxy ecosystem, showing the team’s serious commitment to scaling Solana and pushing its performance to the next level.
Solana handles scalability well, but sudden spikes in user activity can still cause congestion. These traffic surges often lead to delays and failed transactions. Solaxy tackles this issue by ensuring smooth network performance, even during busy periods.
Instead of slowing down, Solaxy developers are gearing up for the next big feature: a native bridge. This tool will let users move tokens between Solana and Solaxy directly from the same wallet, making cross-chain activity easier and more efficient.
Source – Solaxy Twitter
With over 80 million users this month, Solana ranks as the most active blockchain. The new Solaxy bridge aims to give this massive user base faster, cheaper, and more dependable transactions—possibly pulling a large number of users into the Solaxy ecosystem.
The team also plans to launch an integrated developer environment (IDE) soon. This platform will allow developers to create apps on the Solaxy network.
Thanks to its advanced transactional speed, the ecosystem could support apps beyond Solana’s limits—like real-time AI trading bots or real-world-linked tools such as micropayment rails.
These developments continue to spark investor interest. $SOLX is shaping up as a project with serious long-term promise—one that could potentially deliver 100x gains after it hits exchanges.
