Solaxy raises $9.4 million in pre-sale, poised to transform cryptocurrency trading as Solana's first layer 2 blockchain.

Despite the uncertainty in the market, one cryptocurrency that is witnessing a record surge is Sollax (Solex) Token. In less than a month since the launch of the pre-sale, Solaxy has already raised $9.4 million from early investors.

Solaxy is Solana's first layer 2 blockchain, and has earned a reputation as the next go-to platform for cryptocurrency trading.

In a year that should see meme coins continue their explosive run that began in 2024, Solaxy's ability to ease congestion and increase transaction efficiency may be the catalyst that keeps the supercycle alive into 2025.

SOLX serves as Solaxy's native token and cross-chain coin, and is designed to connect Ethereum's massive $65 billion DeFi TVL with the speed and cost efficiency of Solana.

With its sights set on achieving its $10 million funding target, SOLX looks set to ride the wave of high demand once it is listed on major exchanges.

How Solaxy could set the stage for a currency supercycle

The meme market has risen from about $20 billion at the beginning of last year to more than $120 billion by December 2024.

This was a massive 6x growth in just about 12 months. Although the brief dip in late December briefly shook investor confidence, the new year saw many new meme cryptocurrencies rise again.

Coin Sector Market Cap Meme — CoinMarketCap

SPX6900 (SPX) recently reached a market capitalization of $1 billion, while other projects such as Akuma Inu (AKUMA) and ShibaBitcoin (SHIBTC) are also looking to approach this milestone.

In many ways, 2024's momentum shows no sign of abating, and analysts expect 2025 to bring even greater gains.

with Solana Being already one of the most important chains for hosting new meme coins, it sometimes suffers under heavy usage and scalability issues.

This is where Solaxy steps in. It is the first of the Solana Layer 2 series, and has already become known for its low fees and lightning-fast transaction processing.

What makes Solaxy special?

Solaxy Enhances Solana throughput by routing off-chain activities through a Layer 2 protocol, settling on the main chain in orderly batches.

It addresses some of Solana's biggest hurdles: network congestion, random transaction failures, and scaling difficulties.

The Solaxy development team believes it can outperform Lattice-based hashing systems in terms of efficiency.

The immediate result will be seamless, near-instant trade confirmations and a solid foundation for decentralized applications. This upgrade is especially useful for cryptocurrency traders, who rely on speed to take advantage of market pumps.

Given the speed at which meme coins can rise, being able to trade them quickly is crucial. If speculation about the 2025 meme supercycle intensifies, SOLX and the entire Solaxy infrastructure can meet the increased demand.

Is SOLX the next SOL?

As a multi-chain token, SOLX unlocks the best benefits of both Ethereum and Solana, relying on Ethereum's liquidity while publishing on the high-speed, low-fee Solana mainnet.

As the native cryptocurrency of the Solaxy network, SOLX will be used for governance, staking, transaction fees, and more.

Layer 2 tokens in the cryptocurrency market carry valuations in excess of $1 billion. If Solaxy lives up to its hype, SOLX could rank alongside it.

Popular cryptocurrency analysis portals like 99Bitcoins have already identified SOLX as a coin with a 10x potential trajectory.

Known as a potential “Ethereum killer” in 2020, Solana has risen from around $2.85 in August 2020 to nearly $195 today. This rise has given huge gains to the early supporters.

That's why many investors regret missing out on Solana's early days - and now, SOLX may be their next big opportunity. If Solaxy becomes a popular destination for meme coin projects built on Solana, it could be on track to replicate SOL's historic gains.

Having raised $9.4 million through an initial coin offering (ICO) in just a few weeks, SOLX is proving that demand can skyrocket once it debuts on exchanges.

How to join the SOLX preview

With the SOLX presale approaching $10 million in total funds raised, early buyers can still purchase SOLX at the discounted presale price (currently $0.001596).

To join the pre-sale, head to the official Solaxy website and buy SOLX using ETH, USDT, BNB or a bank card.

A crypto wallet is needed for the pre-sale interface. One of the most popular and free to use options is better wallet - Although the presale also accepts Coinbase Wallet, MetaMask, and Wallet Connect.

Immediately after purchase, users can stake their SOLX through Solaxy's S Stacking protocol, which currently offers an APY of 372%.

For more information, visit Solaxy's premium pre-sale site.