Solaxy Presale Burns $62M SOLX, Raises $1M Overnight To Hit $48M Amid Major New Updates – Only 4 Days Left

Solaxy (SOLX) surged past $48 million in presale funding after raising another $1 million overnight, with just four days left to get in.

At the same time, the team behind the project dropped two major updates that have the community buzzing: a breakthrough in its cross-chain infrastructure, and the confirmation that Solaxy’s Layer-2 chain will officially go live soon after $SOLX is trading on top-tier exchanges.

Forget roadmap promises – Solaxy is clearly shipping. With its chain set to go live and major infrastructure now in play, it’s not just leading the Layer-2 race on Solana – it’s running it unopposed.

With time running out, $SOLX is still available at just $0.001754 – likely the last time this price will ever be seen before it becomes accessible to a massive investor base.

And to support the token launch, Solaxy has just burned 35,046,000,000 $SOLX tokens worth over $62 million per the current presale price, effectively removing 25% of the total supply and boosting the scarcity of the tokens left in circulation.

🔥 $62M Worth of $SOLX Burned 🔥

We’ve just burned 35,046,000,000 $SOLX — worth over $62 million — in one of the most aggressive supply reductions in the space.

Check it out: https://t.co/kBxp26OXdh

This move isn’t just symbolic — it’s a major step toward a more sustainable,… pic.twitter.com/VWeo3RIZkv

— SOLAXY (@SOLAXYTOKEN) June 12, 2025

Solaxy Partners With Hyperlane To Bridge Solana And Ethereum

Solaxy’s new partnership with Hyperlane lays the foundation for true cross-chain flow between ecosystems – starting with Solana, Solaxy, and Ethereum.

Hyperlane’s modular bridge architecture will allow tokens to move across chains without compromising speed or decentralization. For Solaxy users, that means they’ll be able to deposit from Solana, interact with dApps and launchpad protocols on Solaxy, and withdraw with minimal friction.

In the long term, it also sets up Ethereum-based interoperability, allowing users to access Solaxy dApps and token economies without routing through Solana first.

The upgrade goes beyond backend improvements – it’s the groundwork for Solaxy’s token launchpad, the Igniter Protocol, to handle nonstop token launches at scale.

If it sees adoption levels similar to Pump.fun – which recently still accounts for over 50% of all Solana token deployments – Solaxy needs more than scalability. It needs seamless interoperability from day one.

Source: Dune Analytics

Solaxy Launches Layer-2 Chain And $SOLX Token In Tandem – A Rare Crypto Move

And as mentioned, Solaxy is doing something you don’t usually see in crypto – especially from projects still in presale.

After the $SOLX token generation event (TGE), Solaxy isn’t just disappearing into dev mode. It’s launching its actual Layer-2 chain not too long after $SOLX begins trading on exchanges – possibly as early as July. The website states that chain launch is “imminent”.

This kind of immediate follow-through is rare. Most projects raise funds, list their tokens, and then leave early backers waiting months (or even years) for the core chain or dApp to materialize. Solaxy isn’t doing that.

For early backers, this means instant relevance. The token won’t be floating in limbo – it will power a live, growing ecosystem from the start. Every bridge integration, app deployment, and on-chain transaction adds real value to $SOLX the moment it hits the market.

In crypto, timing matters. Solaxy’s launch cadence is sending a clear message: this isn’t a roadmap – it’s execution.

And to back its tech and stress test the chain, the team has also launched a $25,000 bug bounty on Cantina – rewarding those who can uncover critical vulnerabilities.

The @SOLAXYTOKEN competition is live at the Cantina. 🪐

Solaxy is a modular yield platform with a focus on precision, performance, and transparency. Their architecture is now ready for review.

💰 $25,000 USDC + $5,000 dedicated pot
📅 Live now – June 30
🔗 Below pic.twitter.com/fazeGzeMiC

— Cantina 🪐 (@cantinaxyz) June 11, 2025

What Impact Will Solaxy Have On Solana’s Congestion Bottlenecks?

Solaxy is designed to offload the high-volume traffic that often clogs the Solana base layer – especially during peak minting cycles, trading bots, and meme coin surges.

By routing that activity through Solaxy’s own environment, it gives Solana room to breathe – while offering users a faster, more scalable Layer-2 for interacting with dApps.

Projects like Snorter Token ($SNORT), which rely on speed and high-frequency trading, are expected to be interoperable with Solaxy – reinforcing the chain’s role as a high-performance Layer-2 built for modern Web3 activity.

And with a presale price of $0.001754, capped supply, and nearly $50 million in funding, $SOLX doesn’t need much traction to take off. 

Even modest activity from Solana’s $9 billion DeFi ecosystem or $11 billion in stablecoins could push the token well into double-digit multiples.

Only 4 Days Left – Join The Solaxy Presale Before It’s Too Late

And to be an early backer while there’s still time, head over to the Solaxy website, connect a supported wallet, and buy $SOLX.

Newly purchased $SOLX tokens can be staked immediately to grow your holdings passively – with the protocol currently offering a dynamic 85% APY, adjusting based on pool activity.

For the best experience, use Best Wallet, the recommended noncustodial Web3 wallet with full presale integration and multichain support.

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