Elon Musk Melts Down, Solaxy Heats Up – $44.9M Raised With Just 10 Days Until CEX Listings

The countdown is on. Solaxy ($SOLX) has already raised more than $44.9 million, and with the presale entering its final 10 days, this is the last chance to get in as momentum builds ahead of possible major exchange listings.

As Solana’s ($SOL) first Layer-2, Solaxy isn’t just another upgrade – it’s the backup engine the chain needs to scale. By handling overflow from the base layer, Solaxy makes Solana more dependable across high-demand sectors like meme coins, gaming, and DeFi.

And the timing couldn’t be better. While Elon and Trump were heating up for what would be a volcanic eruption, institutional capital has been flooding into Solana. 

Over $1 billion in new Solana exposure was just announced through securities offerings and liquid staking strategies. While $SOL hasn’t reclaimed its all-time high yet, smart money is positioning ahead of the next wave.

If you believe Solana’s next surge is coming, Solaxy is how it scales to meet it. Tokens are still priced at $0.0011746, increasing every two days until the presale ends. 

Missed $SOL when it was cheap? $SOLX might be your second shot.

Institutions Are Betting Big On Solana – Solaxy’s Timing Looks Perfect

Confidence among major players in Solana is accelerating. One of the newest to enter the arena is SOL Strategies, a Canada-listed firm that just filed to raise as much as $1 billion in equity and debt to deepen its Solana exposure. This follows a $500 million convertible note raise – with the first $20 million already used to purchase 122,000 $SOL tokens.

SOL Strategies has filed a preliminary base shelf prospectus, allowing for up to $1B USD in potential financings.

This filing increases our flexibility to move decisively as strategic opportunities emerge across the Solana ecosystem.

In blockchain, timing matters. Our goal is… pic.twitter.com/piBw3R22SF

— SOL Strategies (CSE: HODL | OTCQB: CYFRF) (@solstrategies_) May 27, 2025

Meanwhile, DeFi Development Corp became the first public company to invest in Solana-based liquid staking tokens (LSTs). Using Sanctum’s infrastructure, they launched dfdvSOL, allowing users to stake $SOL while keeping it liquid for DeFi participation.

Even more bullish: Solana ETF filings are now awaiting approval – setting the stage for a broader institutional influx.

All signs point to Solana gearing up for a major cycle. And this time, it has Solaxy to handle the surge in activity – a scaling solution ready when it’s needed.

Solaxy Is About To Supercharge Solana’s Scaling

Solaxy was built to extend Solana’s capabilities – not by replacing anything, but by offloading network pressure and enabling faster, cheaper transactions. It’s the first Layer-2 engineered for the ecosystem’s most demanding use cases: meme coin trading, real-time gaming, and high-frequency DeFi.

At the core is roll-up bundling, compressing thousands of transactions into fewer submissions – cutting costs and improving efficiency. A modular architecture allows parallel processing so transactions don’t get stuck in queues.

It also features off-chain enhanced logic, letting complex computations like swap engines and prediction models run off-chain and anchor results back on-chain – maximizing performance while preserving security and finality.

Now, that infrastructure is live on testnet.

The Solaxy Testnet lets users explore what the network can do. You can:

• Bridge SOL from Solana Devnet via bridge.solaxy.io
• Deploy contracts using Solana’s native toolchain
• Transfer assets across the rollup
• Track activity through the Solaxy Explorer

🚨 Hey Solaxy Community it’s here.

The Solaxy Testnet is LIVE. Your first chance to interact with Solana’s first Layer 2 and experience the speed, scale, and simplicity Solaxy brings. 🔥⚡️

🔗 Connect via Backpack Wallet:https://t.co/FBrV3FohC8

You can:
– Bridge SOL (Solana… pic.twitter.com/FQY9AIwSdx

— SOLAXY (@SOLAXYTOKEN) June 2, 2025

Can Solaxy Do For Solana What Arbitrum Did For Ethereum?

For a glimpse of what Solaxy could become, look at what Layer-2s like Arbitrum ($ARB), Optimism ($OP), and Base did for Ethereum. Arbitrum alone reached a $1.5 billion market cap post-launch – and that was in a crowded L2 field.

Solana has never had a Layer-2 like this – until now.

Solaxy is arriving before Solana hits its next all-time high. That’s fortuitous positioning. With $44.8 million already raised, even a fraction of the growth Arbitrum experienced could translate to 10x to 50x upside – especially as institutional capital continues to flow in.

For early contributors, this isn’t just about Solaxy. It’s about Solana finally scaling the way it was always meant to – with Solaxy leading the charge.

How To Buy Solaxy Presale Before It’s Too Late

To get in, just head over to the Solaxy website, connect a supported wallet, and buy $SOLX at the current rate before the price increases. Once purchased, tokens can be staked immediately – with the protocol currently offering a dynamic 90% APY, adjusting based on pool activity.

For the best experience, use Best Wallet, the recommended self-custody option with full presale integration and multichain support.

Stay in the loop by joining the Solaxy community on Telegram and X.

The countdown is on.

Visit Solaxy.

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