As market sentiment remains gripped by fear, many investors are retreating to the sidelines, waiting for a clearer direction.
With volatility and uncertainty hanging in the air, the spotlight is shifting away from meme coins and toward utility tokens—projects perceived to offer real-world use cases and long-term viability.
One token that’s gaining attention during these uneasy times is Solaxy (SOLX). Currently in its ICO phase, Solaxy has raised over $30.4 million, making it one of the standout presales in a largely cautious market.
This momentum is a strong signal of investor confidence, particularly when most are hesitant to take risks.
Source – ClayBro YouTube Channel
Solaxy Delivers Key Updates to Help Solana Scale and Run Smoothly
Solaxy makes Solana run better. Solana is already quick, but it can slow down when too many people use it—like traffic during rush hour. Solaxy works with Solana as a Layer-2 tool instead of taking its place.
It handles lots of transactions outside Solana’s main network, groups them, then sends back the final result. This off-chain process gives Solaxy an edge.
Imagine trading a new meme coin—every buy, sell, or swap happens right away with no delays. Or think about playing a blockchain game where every action feels fast and smooth.
Solaxy also gives developers simple tools to build new dApps. These tools work well together and make it easier to create DeFi platforms and NFT marketplaces. Solaxy’s goal is to make Solana easier and more fun for everyone.
Another key feature is Solaxy’s cross-chain support. It links Solana with Ethereum, so users can move assets between them without slow swaps or long waits.
The team keeps improving Solaxy to make it even faster and smoother. Solaxy has shared more updates on its progress. The Solaxy Block Explorer will officially launch on April 19.
For data availability, recent tests show the network can handle 140KB per second with the right setup on Solana’s mainnet. This boost helps store data faster and gives users a better experience. The team also made small changes to the CLI interface.
To improve rollup performance, the team is working toward a goal of 10,000 transactions per second. For bridging, they added proper CORS support to the SDK.
Developers are fixing issues where the rollup doesn’t fully match how Solana Layer 1 user interfaces expect it to behave. These changes help make Solaxy more stable and easier to use. The team also mentioned that more big updates are on the way.
Solaxy Presale Reaches $30.4 Million – Invest Before It Sells Out
Solaxy’s ongoing presale ranks among the fastest-growing on the market and has been successful from the start. It raised $1 million within the first 24 hours and reached $2 million in just a few days. So far, the presale has secured $30.4 million, making it one of Solana’s top ICOs.
The presale occurs in stages, with each stage featuring a price increase. The token is currently priced at $0.001696, but this rate will change as the next stage begins in less than an hour.
Investors can buy $SOLX using payment methods such as USDT, SOL, ETH, BNB, USDC, or a card. Purchases can also be made through the Best Wallet app.
Source – Solaxy Twitter
Another reason Solaxy stands out as a promising crypto launch is its reward distribution. Investors are eager to secure rewards while the opportunity lasts, as Solaxy will allocate 25% of the total token supply to reward early participants. History shows that those who invest early often reap the biggest rewards.
Staking also lets users earn passive income, with over 8.6 billion $SOLX already staked. The rewards come with a 133% APY and will be distributed over three years.
Additionally, Solaxy’s roadmap reveals ambitious plans, including the launch of the Solaxy Layer 2 network, CEX listings, and further Ethereum integrations. If all goes as planned, $SOLX could experience gains similar to Solana’s this year.
