{"id":630009,"date":"2025-02-25T01:48:10","date_gmt":"2025-02-25T01:48:10","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=630009"},"modified":"2025-02-25T01:48:10","modified_gmt":"2025-02-25T01:48:10","slug":"solana-etf-anticipation-fuels-interest-as-solaxy-presale-surges-to-23-4-million","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/press-releases\/solana-etf-anticipation-fuels-interest-as-solaxy-presale-surges-to-23-4-million","title":{"rendered":"Solana ETF Anticipation Fuels Interest as Solaxy Presale Surges to $23.4 Million"},"content":{"rendered":"<p>The growing likelihood of a spot Solana ETF has sparked significant interest in projects that could scale the Solana ecosystem.<\/p>\n<p>If Solana continues on its upward trajectory, projects like Solaxy could see massive gains, potentially delivering 10x, 20x, 50x, or even 100x returns.<\/p>\n<h2>Solana&rsquo;s Scaling Challenges Fuel Demand for Solaxy as Presale Surges<\/h2>\n<p data-start=\"29\" data-end=\"644\">Solaxy, a new crypto project in its presale phase, is positioning itself as the next evolution of the Solana ecosystem. Those familiar with the $TRUMP and $MELANIA meme coin launches on Solana recognize the network&rsquo;s unparalleled speed, making it the fastest blockchain available today.<\/p>\n<p><iframe title=\"SOLANA ETF COMING SOON! SOLAXY CAN SOLVE SOLANA ISSUES!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/RHqp95YE5sA?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<p data-start=\"29\" data-end=\"644\">However, despite its advantages, Solana has faced significant bottlenecks during periods of peak traffic, leading to network congestion, slow transaction processing, and wallet issues&mdash;especially with Phantom.<\/p>\n<p data-start=\"29\" data-end=\"644\">These inefficiencies have resulted in financial losses for traders unable to execute transactions at crucial moments. This is where Solaxy steps in. As a Layer 2 solution built on Solana, it is designed to enhance scalability, reduce congestion, and create a more resilient network capable of handling mass adoption.<\/p>\n<p data-start=\"29\" data-end=\"644\">By improving transaction efficiency and network stability, Solaxy aims to provide traders with a seamless experience while reinforcing Solana&rsquo;s position as a dominant blockchain.<\/p>\n<p data-start=\"247\" data-end=\"587\">The project&rsquo;s presale has already raised $23.4 million, with SOLX currently priced at $0.00164. Investors looking to acquire and stake Solaxy ($SOLX) can do so through two main channels: directly via the Solaxy presale website by connecting their wallet and making a purchase, or through the Best Wallet app&rsquo;s Upcoming Tokens feature.<\/p>\n<p data-start=\"589\" data-end=\"938\">As discussions around a potential Solana ETF continue to gain momentum, interest in the broader Solana ecosystem is surging.<\/p>\n<p data-start=\"589\" data-end=\"938\">This growing excitement has further fueled demand for Solaxy, which not only offers exposure to Solana&rsquo;s expanding infrastructure but also provides staking rewards, making it an appealing option for long-term investors. 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<h2>Institutional Interest and the Potential Impact of a Solana ETF<\/h2>\n<p>Institutional interest in Solana has been surging, and recent regulatory developments suggest that a spot Solana ETF could become a reality.<\/p>\n<p>The U.S. Securities and Exchange Commission (SEC) recently acknowledged Grayscale&rsquo;s amended filing for a Solana exchange-traded fund, a move analysts view as a crucial first step toward approval.<\/p>\n<p>Currently, no fully approved U.S.-listed Solana ETF directly holds SOL tokens. However, several asset managers, including Grayscale, 21Shares, Bitwise, and VanEck, have expressed interest in launching one.<\/p>\n<p>While over-the-counter (OTC) products exist in certain jurisdictions, they lack the regulatory oversight of ETFs traded on major U.S. exchanges.<\/p>\n<p>Historically, the SEC has been cautious about digital asset ETFs, but its recent engagement with Grayscale&rsquo;s Solana ETF application signals a shift in regulatory attitudes.<\/p>\n<p>If approved, a Solana ETF could attract significant institutional capital, driving Solana&rsquo;s price higher and strengthening its market position.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-630014\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/solaxy-twitter-post-13-300x296.jpg\" alt=\"Solaxy Twitter Post\" width=\"820\" height=\"810\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/solaxy-twitter-post-13-300x296.jpg 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/solaxy-twitter-post-13-768x758.jpg 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/solaxy-twitter-post-13-64x64.jpg 64w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/solaxy-twitter-post-13-86x86.jpg 86w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/solaxy-twitter-post-13.jpg 800w\" sizes=\"(max-width: 820px) 100vw, 820px\"><\/p>\n<p style=\"text-align: center\"><em>Source &ndash; <a href=\"https:\/\/x.com\/SOLAXYTOKEN\">Solaxy (SOLX) Twitter<\/a><\/em><\/p>\n<p>Given these developments, early entry into projects like Solaxy provides investors with indirect exposure to Solana&rsquo;s ETF-driven growth. As institutional adoption accelerates, Solaxy could play a crucial role in expanding Solana&rsquo;s ecosystem and increasing network liquidity.<\/p>\n<p>With its Layer 2 capabilities and staking rewards, Solaxy is strategically positioned to benefit from Solana&rsquo;s evolving landscape, making it a project worth watching. As the market shifts, Solaxy could become a key player in blockchain&rsquo;s future. 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\/pump-fun-volume-plummets-43-after-libra-rug-pull-as-first-solana-layer-2-solaxy-closes-on-23m-in-presale\">Pump.fun Volume Plummets 43% After $LIBRA Rug Pull As First Solana Layer-2 Solaxy Closes On $23M In Presale<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/wall-street-pepe-price-drops-40-while-solaxys-22-million-presale-continues-to-surge-could-this-be-the-next-10x-crypto-gem\">Wall Street Pepe Price Drops 40%, While Solaxy&rsquo;s $22 Million Presale Continues to Surge &ndash; Could This Be the Next 10x Crypto Gem?<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/pepe-unchaineds-price-drop-shifts-focus-to-solana-layer-2-solution-solaxy-reaching-22-million-in-ico\">Pepe Unchained&rsquo;s Price Drop Shifts Focus to Solana Layer 2 Solution &lsquo;Solaxy,&rsquo; Reaching $22 Million in ICO<\/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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If Solana continues on its <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":630012,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[14922],"tags":[],"class_list":["post-630009","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases"],"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>Solana ETF Anticipation Fuels Interest as Solaxy Presale Surges to $23.4 Million<\/title>\n<meta name=\"description\" content=\"Solaxy addresses Solana\u2019s congestion issues with Layer 2 scalability, ensuring seamless transactions. Its presale hits $23.4M, fueled by rising ETF buzz.\" \/>\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\/630009\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solana ETF Anticipation Fuels Interest as Solaxy Presale Surges to $23.4 Million\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-25T01:48:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/solana-etf-anticipation-fuels-interest-as-solaxy-presale-surges-to-23.4-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\/630009#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/630009\"},\"author\":{\"name\":\"Alvin Hemedez\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/8e1628fe4ccc3a9cc2a84ed8e4b02a39\"},\"headline\":\"Solana ETF Anticipation Fuels Interest as Solaxy Presale Surges to $23.4 Million\",\"datePublished\":\"2025-02-25T01:48:10+00:00\",\"dateModified\":\"2025-02-25T01:48:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/630009\"},\"wordCount\":647,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/630009#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/solana-etf-anticipation-fuels-interest-as-solaxy-presale-surges-to-23.4-million.jpg\",\"articleSection\":[\"Press Releases\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/630009\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/630009\",\"name\":\"Solana ETF Anticipation Fuels Interest as Solaxy Presale Surges to $23.4 Million\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/630009#primaryimage\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/630009#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/solana-etf-anticipation-fuels-interest-as-solaxy-presale-surges-to-23.4-million.jpg\",\"datePublished\":\"2025-02-25T01:48:10+00:00\",\"dateModified\":\"2025-02-25T01:48:10+00:00\",\"description\":\"Solaxy addresses Solana\u2019s congestion issues with Layer 2 scalability, ensuring seamless transactions. 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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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