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An investor frenzy for Solaxy ($SOLX) is reaching new heights, with presale funding soaring past $25.6 million just hours ahead of a pivotal price hike.
Currently, $SOLX is priced at $0.001658, but with the current presale stage set to close in the next 8 hours, buyers must act fast to secure the token at a lower price.
This funding momentum comes as Solana validators prepare to vote on two key upgrades – known as Solana Improvement Documents (SIMDs) – designed to boost network sustainability. These upgrades align closely with Solaxy’s mission to improve Solana’s efficiency during periods of heavy traffic.
With milestones being hit, Solaxy is closing in on its funding goals, meaning the chance to become an early investor in Solana’s first Layer-2 chain could be slipping away.
If Solaxy’s upcoming launch follows this rapid progress, Solana could soon become a significantly more scalable and reliable blockchain, reducing the risk of frustrating outages for users and placing $SOLX holders in a prime position to see their holdings grow immensely.
Solaxy’s Recent Upgrades Might Boost The Value Of $SOL And $SOLX
Solana validators are gearing up to vote on two critical upgrade proposals this month that could reshape the network’s tokenomics – and both could have a major impact on $SOL’s future.
The first proposal, SIMD 0123, introduces an in-protocol mechanism that directs Solana’s priority fees to validator stakers. Currently, these fees are collected exclusively by validators, with no requirement to share them. If passed, this change would boost staking rewards while discouraging off-chain deals between traders and validators, strengthening on-chain execution.
The second proposal, SIMD 0228, has sparked debate. It suggests adjusting $SOL’s inflation rate to decrease as staking participation rises. This could reduce token dilution and ease selling pressure from stakers cashing out rewards as income. Critics argue it may cut validator earnings, but supporters believe it could significantly increase $SOL’s value by making the token scarcer during periods of high staking.
On top of these developments, Solaxy, Solana’s first Layer-2 scaling solution, could further boost $SOL’s outlook. Designed to improve network reliability during periods of heavy demand – a long-standing pain point for Solana – Solaxy’s potential launch is drawing closer.
🛸 $SOLX ISN’T A QUESTION OF IF, BUT WHEN. 🛸
— SOLAXY (@SOLAXYTOKEN) March 9, 2025
✅ Solana scalability: Fixed
✅ Transaction speed: Unmatched
✅ Crypto’s next major play: Confirmed
The future belongs to those who move first. 🔥 pic.twitter.com/m9IHEDqQD8
SIMD 0228 And SIMD 0123 Target Solana’s Tokenomics, But Solaxy Aims To Fix Network Performance
Solaxy is addressing Solana’s congestion challenges by processing transactions off-chain – a crucial step that will ease pressure on the Solana mainnet, especially during periods of heavy demand.
While Solana can handle far more transactions per second than major payment networks like Mastercard and Visa, it has still struggled with reliability during traffic surges. A notable example occurred in January when the launch of U.S. President Donald Trump’s meme coins overloaded the network.
To combat these issues, Solaxy’s rollup infrastructure recently introduced key optimizations that are now fully operational. These upgrades deliver faster transactions, lower fees, and improved on-chain data storage – all designed to enhance performance and keep Solana stable when activity spikes.
🛸 Token Launchpad Expansion
— SOLAXY (@SOLAXYTOKEN) March 7, 2025
We're in talks with key platforms to facilitate token launches on Solaxy. Deploying your project just got easier! 🚀
🛸 Rollup Infrastructure & Data Availability
Optimizations are in full swing:
🪐 Lower latency & higher bandwidth
🪐 Reduced…
On top of that, Solaxy has expanded its capabilities with multi-chain wallet support, allowing investors from other chains to seamlessly access Solaxy and connect to the Solana ecosystem.
Additionally, Solaxy’s new token launchpad is set to simplify project launches on its platform, potentially emerging as a powerful alternative to Pump.fun, with a broader focus beyond meme coins.
$SOLX Can Grow At A Similar Rate TO $SOL
Currently, $SOL has dropped to $127, down from its recent spike to $177, following news of the support for the creation of a U.S. crypto reserve that includes $SOL, Ripple ($XRP), and Cardano ($ADA).
However, disappointment stemming from last week’s White House Digital Assets Summit has triggered a broader crypto market decline. The absence of detailed policy guidance on digital assets has left investors uncertain, contributing to the downturn.
Despite this, the broader takeaway remains positive – it’s still a step toward greater adoption, especially compared to the previous administration’s more cautious stance on digital assets.
With a generally more crypto-friendly Trump administration, there’s potential for further positive developments in the coming years. While details about the Bitcoin Reserve’s buying schedule remain undisclosed, its confirmed establishment is still a bullish indicator for the market.
The recent selloff likely reflects short-term disappointment, but the longer-term outlook for the crypto industry is strong.
For tokens like $SOL, which Trump mentioned as part of the planned reserve, this could translate into a significant price boost – particularly when combined with Solana’s ongoing network and tokenomics improvements.
Meanwhile, Solaxy’s $SOLX, the token representing Solana’s first Layer-2 solution, could see similar upside momentum alongside $SOL.
This aligns with projections from trusted crypto education platform 99Bitcoins, which highlighted Solaxy’s potential in its most recent update.
Buy $SOLX Before A Price Hike In Less Than 8 hours
Time is running out – in just 10 hours, the price of $SOLX is set to increase. For investors seeking early exposure to a token with growth potential similar to Solana, acting now is crucial to maximizing returns.
To join the presale, simply visit the Solaxy website and connect your wallet – such as Best Wallet – to purchase $SOLX.
With its multi-chain support, Best Wallet offers a seamless way to manage $SOLX, currently available on Ethereum. It has recently expanded to Bitcoin, and is set to launch on Solana soon.
Download Best Wallet on Google Play or the Apple App Store to get started with Best Wallet and contribute to the Solaxy presale.
Stay informed about Solaxy’s latest developments by joining its X and Telegram communities.
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