{"id":616298,"date":"2025-01-07T14:29:48","date_gmt":"2025-01-07T14:29:48","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=616298"},"modified":"2025-01-07T14:29:48","modified_gmt":"2025-01-07T14:29:48","slug":"solaxy-layer-2-ico-hits-9-million-is-solx-the-best-meme-coin-to-invest-in","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/solaxy-layer-2-ico-hits-9-million-is-solx-the-best-meme-coin-to-invest-in","title":{"rendered":"Solaxy Layer 2 ICO Hits $9 Million \u2013 Is $SOLX the Best Meme Coin to Invest In?"},"content":{"rendered":"<p data-sourcepos=\"1:1-1:157\">Some analysts predict a surge in Solana-based meme coins. Solaxy (SOLX) leads with $9 million raised in its presale, solving congestion with Layer 2 scaling.<\/p>\n<p data-sourcepos=\"3:1-3:154\">2024 saw steady growth fueled by key events like ETF approvals in January, Bitcoin&rsquo;s halving in April, and Trump&rsquo;s winning the U.S. presidential election.<\/p>\n<p data-sourcepos=\"5:1-5:187\">These milestones boosted Bitcoin past $100,000 for the first time, driving the entire crypto market upward. By January 2025, most of the top 10 cryptocurrencies were trading in the green.<\/p>\n<p data-sourcepos=\"7:1-7:144\">Solana stood out as a strong performer with no major price drops, but its ongoing issue of network congestion remains a barrier to higher gains.<\/p>\n<p data-sourcepos=\"9:1-9:116\">A new presale project, Solaxy (SOLX), offers a potential fix for Solana&rsquo;s congestion through its layer-2 technology.<\/p>\n<p><iframe title=\"NEW SOLANA LAYER 2 IS COMING SOON!! SOLAXY RAISES $8,500,000 IN PRESALE!!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/wTIPjlTIgXk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2>Investors rush to Solaxy as ICO raises $9 million<\/h2>\n<p>Solaxy (SOLX) is creating the first-ever Solana layer 2 blockchain and is gaining a lot of attention. The project&rsquo;s ongoing ICO has already raised $9 million, as investors aim to profit once $SOLX gets listed on exchanges.<\/p>\n<p>The token presale offers a chance to join this groundbreaking project early. The current price is $0.001594 but will increase soon, with the next price hike scheduled in two days.<\/p>\n<p>$SOLX tokens are available for purchase with ETH, USDT, BNB, or credit\/debit cards on the Solaxy website or via the &ldquo;Upcoming Tokens&rdquo; section on the Best Wallet platform. For more information, investors can check out our guide on&nbsp;<a href=\"https:\/\/insidebitcoins.com\/cryptocurrency-price\/how-to-buy-solaxy\">purchasing Solaxy tokens<\/a>&nbsp;here.<\/p>\n<p>Early buyers can earn profits during the presale with Solaxy&rsquo;s staking system, which offers 388% APY. Nearly 3 billion $SOLX tokens have been staked so far, and the number keeps increasing. Solaxy prioritizes security, and Coinsult, a blockchain security firm, has audited the $SOLX token, confirming it as safe and trustworthy.<\/p>\n<p>Solaxy&rsquo;s token distribution is transparent, with funds allocated to development, rewards, treasury, marketing, and exchange listings. If you want to see what the future holds for Solaxy, you can check our&nbsp;<a href=\"https:\/\/insidebitcoins.com\/cryptocurrency-price\/solaxy-price-prediction\">$SOLX price prediction<\/a>&nbsp;guide.<\/p>\n<p>The presale is attracting almost $500,000 daily, making it one of the most recognized crypto ICOs. This growing momentum highlights the increasing interest in utility-driven projects that solve real-world problems.<\/p>\n<p>Solaxy also benefits from an active community, with hundreds of new users joining its Twitter and Telegram channels daily, boosting its popularity even further.<\/p>\n<h2>Solaxy: The Layer 2 solution set to transform Solana in 2025<\/h2>\n<p>When Solana&rsquo;s market activity surges, users face more than just long wait times and higher fees &ndash; many transactions fail entirely. Dune Analytics data reveals that over 40% of non-vote transactions on Solana failed this week. This marks an improvement from a few months ago when Reddit users reported failure rates as high as 75%.<\/p>\n<p>A large portion of these failed transactions comes from arbitrage trading bots trying to balance prices across markets. For Solana to grow and expand adoption, its transaction system must be reliable. Right now, it&rsquo;s falling short.<\/p>\n<p>Solaxy is addressing this issue by reducing transaction failures, offering lower fees, and delivering faster speeds. According to its whitepaper, Solaxy&rsquo;s layer 2 blockchain aims to power the next wave of applications on Solana.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-616308 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/ethereum-and-solana-bridging.jpg\" alt=\"Solaxy Ethereum and Solana Bridging\" width=\"1080\" height=\"1080\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/ethereum-and-solana-bridging.jpg 1080w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/ethereum-and-solana-bridging-300x300.jpg 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/ethereum-and-solana-bridging-1024x1024.jpg 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/ethereum-and-solana-bridging-768x768.jpg 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/ethereum-and-solana-bridging-64x64.jpg 64w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/ethereum-and-solana-bridging-86x86.jpg 86w\" sizes=\"(max-width: 1080px) 100vw, 1080px\"><\/p>\n<p style=\"text-align: center\"><em>Source &ndash;&nbsp;<a href=\"https:\/\/x.com\/SOLAXYTOKEN\">Solaxy Twitter<\/a><\/em><\/p>\n<p>With this addition, Solaxy unlocks new possibilities for innovative use cases, free from Solana&rsquo;s current limitations. Interestingly, the Solaxy team launched its token presale on Ethereum to tap into its larger liquidity pool, fueling the project&rsquo;s growth.<\/p>\n<p>This strategy has paid off, as seen in Solaxy&rsquo;s strong presale momentum. Looking ahead, the project may have even greater potential. For a comparison, consider Pepe Unchained, an Ethereum layer 2 blockchain centered on meme coins.<\/p>\n<p>Despite the crowded Ethereum layer 2 space, with 99 tokens listed on CoinGecko, Pepe Unchained surged 10x after its presale ended in December, reaching a $400 million market cap at its peak. Solaxy aims to achieve similar success, if not surpass it.<\/p>\n<p>Unlike Pepe Unchained, Solaxy takes a unique approach as the only layer 2 solution tackling Solana&rsquo;s congestion problem. Could it outperform Pepe Unchained? The potential is there, but time will tell. One thing is clear &ndash; Solaxy is a cryptocurrency to watch closely in 2025. To take part in the $SOLX token presale visit&nbsp;<a href=\"https:\/\/insidebitcoins.com\/visit\/solaxy\" rel=\"nofollow\">solaxy.io.<\/a><\/p>\n<h3>Related<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/top-meme-coin-projects-to-consider-for-january-investments-pepe-wall-street-pepe-solaxy-ai16z-and-pudgy-penguins\">Top Meme Coin Projects to Consider for January Investments &ndash; Pepe, Wall Street Pepe, Solaxy, ai16z, and Pudgy Penguins<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/first-sol-layer-2-project-presale-solaxy-soars-past-8m-next-big-solana-gem\">First SOL Layer 2 Project Presale Solaxy Soars Past $8M &ndash; Next Big Solana Gem?<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/whale-investors-target-blockbuster-7-8m-new-presale-solaxy-an-ethereum-compatible-solana-layer-2\">Whale Investors Target Blockbuster $7.8M New Presale Solaxy, An Ethereum-Compatible Solana Layer 2<\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Best Wallet - 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Solaxy (SOLX) leads with $9 million raised in its presale, solving congestion with Layer 2 scaling. <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/a-default-box\" title=\"A Default Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1921,"featured_media":616305,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-616298","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Solaxy Layer 2 ICO Hits $9 Million \u2013 Is $SOLX the Best Meme Coin to Invest In?<\/title>\n<meta name=\"description\" content=\"Solana meme coins are getting bullish predictions as Solaxy hits $9 million in presale. 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The project addresses network congestion with its Layer 2 solutions.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/616298","og_locale":"en_US","og_type":"article","og_title":"Solaxy Layer 2 ICO Hits $9 Million \u2013 Is $SOLX the Best Meme Coin to Invest In?","og_url":"https:\/\/insidebitcoins.com\/news\/solaxy-layer-2-ico-hits-9-million-is-solx-the-best-meme-coin-to-invest-in","og_site_name":"InsideBitcoins.com","article_published_time":"2025-01-07T14:29:48+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/is-solx-the-best-meme-coin-to-invest.jpg","type":"image\/jpeg"}],"author":"Alvin Hemedez","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Alvin Hemedez","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/616298#article","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/616298"},"author":{"name":"Alvin Hemedez","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/8e1628fe4ccc3a9cc2a84ed8e4b02a39"},"headline":"Solaxy Layer 2 ICO Hits $9 Million \u2013 Is $SOLX the Best Meme Coin to Invest In?","datePublished":"2025-01-07T14:29:48+00:00","mainEntityOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/616298"},"wordCount":751,"publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/616298#primaryimage"},"thumbnailUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/is-solx-the-best-meme-coin-to-invest.jpg","articleSection":["More Crypto News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/616298","url":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/616298","name":"Solaxy Layer 2 ICO Hits $9 Million \u2013 Is $SOLX the Best Meme Coin to Invest In?","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/616298#primaryimage"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/616298#primaryimage"},"thumbnailUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/is-solx-the-best-meme-coin-to-invest.jpg","datePublished":"2025-01-07T14:29:48+00:00","description":"Solana meme coins are getting bullish predictions as Solaxy hits $9 million in presale. 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After university he took up a role as an e-commerce analyst for a leading e-commerce platform in the Philippines, Shopee PH. A long-time crypto enthusiast and trader interested in researching the best investments in the crypto space, he is also a freelance writer here at InsideBitcoins eager to share his knowledge with our readers. 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