{"id":619598,"date":"2025-01-20T08:41:16","date_gmt":"2025-01-20T08:41:16","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=619598"},"modified":"2025-01-20T08:41:16","modified_gmt":"2025-01-20T08:41:16","slug":"solaxy-token-ico-approaching-12-million-next-big-layer-2-crypto","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/solaxy-token-ico-approaching-12-million-next-big-layer-2-crypto","title":{"rendered":"Solaxy Token ICO Approaching $12 Million &#8211; Next Big Layer 2 Crypto?"},"content":{"rendered":"<p>Solana&rsquo;s network is currently experiencing congestion and rising transaction fees, creating a need for improved efficiency.<\/p>\n<p>This issue is further exacerbated by events like the recent surge in trading volume for Trump&rsquo;s official token (which briefly hit $69 before settling at $68) across multiple exchanges.<\/p>\n<p>To address these challenges, Solana is preparing to launch a new Layer 2 blockchain called Solaxy (SOLX). This timely solution has already attracted investor attention due to its potential to alleviate Solana&rsquo;s current network strain and pave the way for a more scalable future.<\/p>\n<p><iframe title=\"Official Trump Is Creating Huge Demand For Solaxy Token and a L2 For Solana!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/H8I6G2cjeYw?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>Solaxy presale raises $11.9 million &ndash; Analysts predict 10x-20x returns<\/h2>\n<p>The Solaxy token presale has raised $11.9 million, making it one of the fastest-selling presales, even with competition from meme coins like Wall Street Pepe and Pepe Unchained. The current price of $0.001606 per $SOLX will increase soon, encouraging buyers to act quickly.<\/p>\n<p>Analysts predict the token could deliver 10x to 20x returns in the next bull market, with some expecting even higher gains based on past performance of new tokens.<\/p>\n<p>Investors can buy $SOLX through the official Solaxy presale website. Best Wallet, a top non-custodial crypto wallet, lists $SOLX in its &ldquo;Upcoming Tokens&rdquo; section, allowing investors to secure and track their holdings easily.<\/p>\n<p>Payments can be made using ETH, BNB, USDT, or credit card, making the presale accessible to everyone. For more information, investors can check out our guide on&nbsp;<a href=\"https:\/\/insidebitcoins.com\/cryptocurrency-price\/how-to-buy-solaxy\">purchasing Solaxy tokens<\/a>&nbsp;here.<\/p>\n<p>The Solaxy team focuses on security and transparency. Coinsult audited its smart contracts and found no issues, building trust among early investors.<\/p>\n<p>The project&rsquo;s tokenomics are designed to support growth and stability. Development receives 30% of the supply, 25% rewards early investors, 15% goes to marketing, 10% is for exchange liquidity, and 20% is kept in the treasury.<\/p>\n<p>The timing of Solaxy&rsquo;s launch adds to its appeal. Analysts predict a major bull run this year, and the project is well-positioned to attract investors. If you want to see what the future holds for Solaxy, you can check our&nbsp;<a href=\"https:\/\/insidebitcoins.com\/cryptocurrency-price\/solaxy-price-prediction\">$SOLX price prediction<\/a>&nbsp;guide.<\/p>\n<p>For updates, interested buyers can join Solaxy&rsquo;s community on X and Telegram.<\/p>\n<h2>Solaxy: A Layer 2 solution for Solana&rsquo;s scalability and beyond<\/h2>\n<p>The Solana blockchain, known for its speed and low fees, is facing congestion and rising costs as transaction volumes increase. High-demand projects like Donald Trump&rsquo;s official token have added to this pressure, exposing the network&rsquo;s scalability challenges.<\/p>\n<p>Solaxy&rsquo;s Layer 2 blockchain is designed to tackle these issues by improving customization, efficiency, and performance. It addresses problems like slow transactions, failures, and scalability limits while enhancing Solana&rsquo;s strengths.<\/p>\n<p>Donald Trump&rsquo;s token, with a $13.5 billion market cap and daily trading volumes over $1.6 billion, has further stressed the network. Its repeated price resistance at $69 from speculative selling highlights Solana&rsquo;s need for a Layer 2 solution. As transaction volumes grow, Solaxy is set to play a key role in strengthening the ecosystem.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-619616 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/eth-and-sol-bridging.jpg\" alt=\"ETH and SOL Bridging\" width=\"1080\" height=\"1080\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/eth-and-sol-bridging.jpg 1080w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/eth-and-sol-bridging-300x300.jpg 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/eth-and-sol-bridging-1024x1024.jpg 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/eth-and-sol-bridging-768x768.jpg 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/eth-and-sol-bridging-64x64.jpg 64w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/eth-and-sol-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>Solaxy stands out as both a scalable solution and a memeable project, making it a unique offering in crypto. For investors, it provides a chance to join a game-changing development and benefit from the increasing demand for Layer 2 solutions.<\/p>\n<p>The $SOLX token powers Solaxy&rsquo;s ecosystem by enabling faster, cheaper transactions and covering fees on the network. $SOLX holders can also stake their tokens to earn passive income, with current APY rates estimated at 306%. Over 3.7 billion $SOLX tokens have already been staked, showing strong community trust in the project.<\/p>\n<p>Staking $SOLX not only generates income but also reduces the circulating supply, helping to stabilize prices. This dual benefit makes staking a central part of Solaxy&rsquo;s value.<\/p>\n<p>Beyond staking, $SOLX will play a key role in bridging Solana and Ethereum and is expected to provide governance rights for future decisions. Solaxy isn&rsquo;t just another token&mdash;it&rsquo;s a solution to Solana&rsquo;s challenges and a potential driver of the next wave of crypto innovation.<\/p>\n<p>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\/analyst-predicts-this-layer-2-crypto-could-be-the-next-top-gainer-solaxy-solx\">Analyst Predicts This Layer 2 Crypto Could Be The Next Top Gainer &ndash; Solaxy (SOLX)<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/is-solaxy-solx-the-next-layer-2-crypto-to-explode-in-this-bull-run\">Is Solaxy (SOLX) the Next Layer 2 Crypto to Explode in This Bull Run?<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/solaxy-raises-10m-in-a-month-could-solanas-first-layer-2-explode-378x-like-solanas-layer-1\">Solaxy Raises $10M In A Month&mdash;Could Solana&rsquo;s First Layer-2 Explode 378X Like Solana&rsquo;s Layer-1?<\/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\">Newest Meme Coin ICO - 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This issue is further exacerbated by events like the <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":619601,"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-619598","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 Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Solaxy Token ICO Approaching $12 Million - Next Big Layer-2 Crypto?<\/title>\n<meta name=\"description\" content=\"Solana is preparing to launch a new Layer 2 blockchain called Solaxy (SOLX) to address growing congestion and rising transaction fees in its network.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/619598\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solaxy Token ICO Approaching $12 Million - Next Big Layer 2 Crypto?\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-20T08:41:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/01\/solaxy-ico-approaching-12-million.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alvin Hemedez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alvin Hemedez\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/619598#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/619598\"},\"author\":{\"name\":\"Alvin Hemedez\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/8e1628fe4ccc3a9cc2a84ed8e4b02a39\"},\"headline\":\"Solaxy Token ICO Approaching $12 Million &#8211; 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Compare Brokers within Crypto, Forex &amp; Stocks","publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/insidebitcoins.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/insidebitcoins.com\/#organization","name":"InsideBitcoins","url":"https:\/\/insidebitcoins.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","width":195,"height":32,"caption":"InsideBitcoins"},"image":{"@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/8e1628fe4ccc3a9cc2a84ed8e4b02a39","name":"Alvin Hemedez","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/avatar_user_1921_1697717356-96x96.png","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/avatar_user_1921_1697717356-96x96.png","caption":"Alvin Hemedez"},"description":"Alvin is an Industrial Engineering graduate based in Calabarzon, Philippines. 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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