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Solana ($SOL) is back in the spotlight as bullish news piles up, led by a nearly $12 million buy-in from DeFi Development Corp. (formerly Janover) and a major presale milestone from its first Layer-2 chain, Solaxy ($SOLX), which just surpassed $33.5 million in early-stage funding.
This fresh $SOL accumulation adds to a wave of positive network developments, reinforcing long-term confidence in Solana and driving fresh bullish sentiment.
But perhaps the most significant catalyst for $SOL still lies ahead: Solaxy’s official launch. Once live, it’s expected to mark a turning point for the entire ecosystem by solving Solana’s long-standing congestion issues. That could make Solana significantly more dependable during peak activity – a critical step in its bid to lead the smart contract platform race.
For now, early believers still have a window. $SOLX is currently priced at $0.001716 – but only for the next eight hours, before the following price increase triggers and a new presale round begins.
The DeFi Development Corp Just Bet Big Ahead of Solana ETF Decision
AI-powered real estate software firm DeFi Development Corp. (trading as $DFDV) is going all-in on Solana. Its recent purchase of 82,504 $SOL brings its total holdings to over 400,000 SOL, valued at nearly $59 million. The new tokens are being staked through the company’s own validator infrastructure.
1/ The $SOL stackin' saga continues! 📈
DeFi Dev Corp has purchased another 82,404.50 $SOL worth ~$11.2M as part of our crypto-forward treasury strategy.
Our total holdings now stand at 400,091 $SOL (including staking rewards), or roughly $58.5 M. pic.twitter.com/eVV25M5WPK
— DeFi Dev Corp. (@defidevcorp) May 6, 2025
On Monday, the firm revealed it had acquired a Solana validator operation for $3.5 million, paid via $3 million in restricted $DFDV stock and $500,000 in cash.
The acquired infrastructure carries an average delegated stake of approximately 500,000 SOL, or roughly $75 million in value, putting the firm in a strong position to earn validator rewards and deepen its stake in Solana’s economy.
$DFDV just acquired a $SOL validator business with ~500K avg. SOL delegated ($75M).
At 8% yield, that’s +40K SOL/year = $6M at $150.
A strategic move to deepen $DFDV's SOL accumulation playbook. pic.twitter.com/GB1S6oMcUf
— Solana Treasury Tracker (@DeFi__Tracker) May 5, 2025
This move is part of a broader digital asset treasury strategy DeFi Development Corp. launched last year, aimed at accumulating high-upside crypto assets. And they’re not alone.
Institutional interest in Solana is heating up: ETF applications from VanEck, 21Shares, Bitwise, and Canary Capital were filed in the Federal Register this February. Bloomberg Intelligence currently puts the approval odds at 90%.
Everything points to a bullish future for Solana, but network reliability must improve to scale and compete with Ethereum truly. Persistent congestion has long frustrated users and developers, holding Solana from fully realizing its performance edge. That’s where Solaxy steps in.
Solana Congestion Has Nearly Killed Network Multiple Times: Layer 2 Needed Now More Than Ever
Dependability is critical for any transaction processor. Imagine Visa or Mastercard going down during a volume surge – billions in fees could vanish, and confidence would evaporate.
In crypto, it’s no different. For those running Solana validators, now including DeFi Development Corp., network outages can disrupt income streams and shake ecosystem trust. Prolonged instability could push developers and capital to rival chains.
Solana’s raw speed is impressive, but its monolithic architecture, where all operations happen on-chain, leaves it exposed during traffic spikes. In contrast, Ethereum has embraced a modular path, relying on Layer-2s to scale.
Recent reports show that up to 70% of Solana transactions fail at peak congestion, proof that a scalable solution is urgently needed.
Here’s just one X post from Whale Insider reporting a 75.7% transaction failure rate on Solana last year – and some users have recently claimed that number has climbed as high as 90%.
BREAKING: 75.7% of Solana transactions are failing. pic.twitter.com/p1CEa4HRMY
— Whale Insider (@WhaleInsider) April 5, 2024
That solution is Solaxy – Solana’s first true Layer-2, designed to offload pressure by processing transactions off-chain and submitting them back for finality. It’s a fix built for the future.
SOLX Is Already Hitting Milestones Early
At its core, Solaxy uses rollup tech to bundle thousands of off-chain transactions into a single, compact submission to the Solana mainnet. This reduces on-chain load while preserving data integrity and finality.
The result is a more scalable and reliable Solana capable of powering DeFi, meme coin trading, games, and next-gen dApps without freezing under pressure.
And this isn’t just theoretical. Solaxy’s testnet is already live, giving developers a sandbox to stress test and prepare for mainnet. Think of it as test-driving Solana’s second engine.
Even more, Solaxy has launched its block explorer, offering real-time visibility into testnet activity. This level of transparency is rare for a presale-stage project and proves that the engine is already running.
These milestones show that Solaxy isn’t just building – it’s delivering.
Analysts Drop 1,000X Call For First Solana Layer 2
According to VanEck, Solana could reach $520 this year. Today’s price would yield a 3.5x return – solid for new investors. But for those who bought at $0.50, it’s a mind-blowing 1,040x gain.
Source: TradingView
Of course, those early-entry days are gone, so where’s the next shot at a Solana-style return? It might not be Solana itself, but the infrastructure that scales it.
As more transaction load shifts to Solaxy, $SOLX could become the high-utility token powering Solana’s growth. For those chasing the next 1,000x, this may be it.
It’s Not Too Late to Join the Solaxy Presale
Timing is everything when aiming for a 1,000x return, and the lowest possible price is only available now, during the presale.
Visit the Solaxy website and connect your wallet to join.
Newly purchased $SOLX tokens can be staked immediately, earning a dynamic 120% APY, which adjusts based on pool size.
For the smoothest experience, Best Wallet is the recommended option. It gives you full visibility of your $SOLX holdings even before launch, with multichain access across Ethereum and Solana.
Join the Solaxy community on Telegram and X, and learn more about what could become Solana’s most crucial upgrade yet.
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