First SOL Layer 2 ICO Surpasses $17 Million – Is SOLX the Next 10x Solana Coin?

Solaxy (SOLX), the first Layer 2 solution on Solana, has reached another milestone by raising $17.5 million in its fast-growing presale.

Investor interest has surged as Solana’s meme coin ecosystem, especially Pump.fun, experiences rapid growth. The platform recently saw $3.3 billion in weekly trading volume, driven by Trump-themed meme coin launches.

These surprise token releases, tied to the new U.S. president, caused heavy network congestion on Solana.

Many investors now see Solaxy as a scalable alternative that can reduce congestion, lower fees, and speed up transactions.

With the Solana community backing Solaxy as a much-needed solution, demand for $SOLX tokens has soared since the presale began just over a month ago.

Solaxy presale surpasses $17 million – Early investors eye 10x gains

People have been talking non-stop about Solaxy since its presale began. It started as a few tweets on Twitter but quickly became one of early 2025’s most popular blockchain projects, raising $17.5 million so far.

Solaxy isn’t just another token launch. It is the first Layer-2 solution built for the Solana ecosystem, and that is why everyone is excited. Early investors can join the presale by buying $SOLX tokens for only $0.001624 each. Experts believe the price could increase 10x or more once the tokens trade on exchanges.

To join the presale and buy $SOLX tokens, visit the official Solaxy website and connect your favorite crypto wallet, such as Best Wallet. For more information, investors can check out our guide on purchasing Solaxy tokens here.

If you use Best Wallet, you can also buy $SOLX directly in the app. Best Wallet supports multiple chains, making it a great choice for managing $SOLX since the token works on both Solana and Ethereum networks.

Source – Solaxy Twitter

Buyers in the presale can start staking their $SOLX tokens right away. Stakers can earn about 229% per year, and more than 5 billion $SOLX tokens are already staked. Even big investors, known as whales, are joining the presale.

In late December, one wealthy investor reportedly put $158,000 into Solaxy. When whales join this early, it signals that something major might be coming.

With previous Layer-2 solutions like Pepe Unchained delivering huge returns, many expect Solaxy (SOLX) to follow a similar path. The rising prices during the presale give early adopters the best chance to get in before the project becomes widely known.

If you want to see what the future holds for Solaxy, you can check our $SOLX price prediction guide.

Solaxy (SOLX) sets the stage for Solana’s biggest upgrade yet

If you’ve tried sending transactions on Solana during busy times, you know how tough it can be. Network congestion especially hits hard during major meme coin launches. Earlier this month, the launches of TRUMP and MELANIA left many traders frustrated when their transactions failed or got stuck.

Solaxy’s Layer-2 solution fixes this problem in a simple way. It does not push every transaction onto Solana’s mainnet. Instead, Solaxy processes transactions off-chain first. Think of it like a smart traffic system that creates an express lane to handle most of the traffic before merging back onto the main highway.

This method makes transactions 90% cheaper and almost instant, even during peak times. Solaxy also builds a bridge between Solana and Ethereum, which opens up new opportunities for traders and developers. This bridge allows Ethereum-based assets to join Solana’s ecosystem.

Layer-2 solutions have grown a lot in the past year. For example, Ethereum’s L2 solutions now process over five times more transactions than its mainnet. Blockchains are racing to be faster and cheaper, with more than $51 billion already flowing into these solutions.

Big names like Arbitrum and Base have shown how important L2 solutions are; Base generated $90 million in revenue last year. For Solana, improving network reliability with Solaxy becomes even more critical.

While Ethereum’s Layer 2 mainly cuts costs, Solaxy focuses on making the network more reliable. A recent security audit by Coinsult cleared the project, paving the way for what might be Solana’s biggest upgrade yet.

As traditional finance moves into crypto and network demands grow, Layer-2 solutions become essential. Solaxy already has a strong community, with over 5,000 Telegram members and more than 65,000 followers on X (Twitter). This active social presence will help secure future exchange listings and expand the project’s reach.

To take part in the $SOLX token presale visit solaxy.io.

Related

• Solaxy Token Emerging as a Top Meme Coin to Buy Now as ICO Surpasses $16M
• Solana’s Pump.fun Surpasses $3.3B In Trading Volume As First Layer-2 Solaxy Soars Past $16.3M In Presale
• Crypto Gems to Buy and Hold for the Next Bull Market – $TRUMP, $SOLX, $PENGU, $MIND, $SPX, and $WEPE

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