New Solana Layer 2 – SOLX—has raised over $38M in a skyrocketing ICO ahead of a just-announced launch deadline. Will it 100x in May?
Solaxy ($SOLX) has officially announced that its presale will end in less than 27 days – a final countdown confirmed on Monday.
Since the announcement, over $500,000 in new capital has poured in overnight, bringing the total funds raised to over $38.1 million, as investors rush to secure the low presale price of $0.00173.
For many, it’s a second shot at the opportunity they missed when Solana traded under $1 back in 2020 – but this time, it’s a layer-2 chain with serious firepower.
Some experts, such as trusted crypto education platform 99Bitcoins, are already calling $SOLX a 100x setup in the making.
Solana’s momentum is creating the perfect setup. Institutional interest is ramping up. Firms like VanEck have publicly backed Solana’s long-term prospects, even projecting a $520 price target for $SOL this year, anchored by its ETF filings and tokenized U.S. Treasury fund exposure.
With just weeks to go, early contributors use this window to front-run the listing – before $SOLX hits major exchanges. And remember, the presale price is still increasing every two days, so the early bird gets the fat juicy worm – don’t miss this pre-exchange listing buying opportunity.
New Solana Layer 2 Will Give SOL Unhindered Scalability
While it’s true that Solana now has the on-chain metrics to back its growing DeFi dominance, the numbers speak louder than hype. Its total value locked (TVL) has surpassed not only Ethereum’s top layer-2s – including Arbitrum, Optimism, and Base, which collectively hold around $7 billion – but also Binance Smart Chain, which sits at $6.11 billion. Solana, by contrast, leads with $9.14 billion in TVL.
Beyond that, fee revenue has hit $51.31 million over the past 30 days, and over $65 billion worth of $SOL is now staked, reinforcing deep network confidence.
Solaxy picks up where the main chain would otherwise slow down. As Solana’s first layer-2, it ensures transactions remain fast, scalable, and reliable – even under high traffic.
But the story doesn’t stop at DeFi. Gaming is thriving on Solana, with the network averaging over 1 million daily active users in Q1 2025 – and capturing an estimated 50% share of gaming-related fees, compared to Ethereum’s 20–30%. Solaxy strengthens that vertical by providing a more scalable foundation.
Meanwhile, meme coins are launching in droves thanks to tools like Pump.fun, which enables millions of tokens to be deployed with minimal code.
In response, Solaxy is launching its own creation engine: the Igniter Protocol—a no-code token launchpad built not just for memes but for anything that captures attention and community. Movements, utilities, experiments—all on-chain.
Igniter is the ignition system for a decentralized, roll-up native economy, giving $SOLX holders the power to create, launch, and bootstrap tokens directly on the Solaxy roll-up.
https://twitter.com/SOLAXYTOKEN/status/1924430478247182499
Here’s How SOLX Can Hit 100x Off Utility
And the surrounding activity speaks volumes. In just the past 30 days, Solana-based tokens like WIF (+142%), BONK (+58%), TRUMP (+56%), and JTO (+15%) have exploded in value – off little more than meme energy, market buzz and, in the case of $TRUMP, the chance of dinner with U.S. President Donald Trump in a couple of days’ time.
https://www.coingecko.com/en/coins/bonk
That kind of price action shows how much liquidity flows into the ecosystem. But it also raises a key point: if tokens with little to no infrastructure deliver those gains, what does that suggest for something built to scale the entire chain?
Solaxy’s presale price is still at just $0.00173 – deep in ground-floor territory. A move to $0.10 – a level already tagged by meme coins running on vibes alone – would mark a 57x return. And if Solana’s cycle keeps heating up, $0.20 or $0.30 isn’t out of the question, putting Solaxy in the conversation as a potential 100x sleeper.
But this isn’t about chasing pumps. It’s about backing what actually keeps the network running when the hype kicks in – and that’s infrastructure.
Just 27 Days Remain Before Launch of First Ever Solana Layer 2
The final stretch is here. With less than four weeks remaining, the Solaxy presale is entering its most critical phase – the last chance to lock in before $SOLX lists on public exchanges.
There’s no next round, no lower price. Once the presale ends, the token goes live, and from that point forward, the market sets the pace.
Listings mean liquidity, visibility, and volatility. In a Solana market where meme coins and utility tokens are posting explosive 30-day gains, Solaxy’s positioning as the first layer-2 makes it one of the few plays with narrative and infrastructure behind it.
To join before the presale closes, visit the Solaxy website and connect your preferred wallet.
All $SOLX tokens purchased can be staked immediately, and staking currently offers a dynamic 105% APY—adjusted in real time based on total pool participation.
For the best experience, use Best Wallet – the official self-custody partner for Solaxy. It offers seamless multichain support, full visibility into your $SOLX holdings, and is optimized for future integrations across the Solaxy ecosystem.
Stay updated by following Solaxy on Telegram and X.
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