It’s not even three weeks old, but the presale for Solana’s first meme coin-centric Layer 2 solution, Solaxy ($SOLX), has already raised a tidy $7.75 million.
It was helped by a whale purchase of $158k in the early hours of New Year’s Eve, UTC, a sign that high rollers are beginning to throw money behind this innovative new project thanks to its viral appeal and high utility.
The Solaxy presale currently offers investors the protocol’s native $SOLX at a fixed low price of $0.001588 per token. However, this is due to an incremental increase of $0.00159 in a day, so prospective buyers had better hurry if they wanted to maximize returns on this project.
Solaxy has plans to list on major exchanges, which could forever put $SOLX’s price well beyond what its earliest investors are now paying for it.
Alongside the fixed, incremental price increases over the presale period, first investors maximize their staking returns by taking advantage of higher yields over the presale season.
According to the numbers, investors have staked over 2.4 billion $SOLX tokens, with a lucrative 468% APY on offer to those who stake today. However, this figure is variable and decreases as the number of stakers increases, so investors must move quickly to get the most out of the hottest new presale in Solana meme coins.
https://twitter.com/SOLAXYTOKEN/status/1873760053267939739
Solaxy Will Ignite The Next Phase of Solana Development
It is a widely known fact that, for all the risks due to their inherent volatility, meme coins are one of crypto’s buzziest sub-sectors. In the last 24 hours alone, the meme coin sector grew 9%, triple the 3.2% advance made by the wider crypto market.
However, zoom in specifically on Solana’s meme coin sector, and we can see that in the last 24 hours, Solana’s meme community leapt in value 14.3% to capitalize on $21.3 billion of meme coins’ $117 billion market.
With on-chain traffic now growing around meme coins in general and Solana meme coins in particular, Solaxy investors are betting on the protocol’s potential to address Solana’s well-known congestion issues through its groundbreaking Layer-2 technology.
First, Solaxy reduces the data burden on Solana’s Layer 1 by offloading transaction processing onto a second layer that processes transactions in bundles before sending them back to the first to settle them. This enables Solaxy to enhance Solana’s scalability without compromising the network’s performance or integrity.
But Solaxy’s second standout feature is its ability to quickly bridge Solana with Ethereum, merging Ethereum’s liquidity and security with Solana’s speed and cost-efficiency.
$SOLX’s dual compatibility creates an ecosystem optimized for frictionless decentralized finance (DeFi) and meme coin trading. When the project launches, this will ultimately prove to be the biggest lure among both retail and institutional traders.
https://twitter.com/SOLAXYTOKEN/status/1874517251719667779
Influencers Are Calling New Solana Layer-2 As Best Trade of 2025
Solaxy’s presale has barely completed its third week, and already prominent influencers like StockInvestor and ClayBro have amplified Solaxy fever, suggesting the protocol is helping Solana prepare for the next stage of its meme coin and DeFi gold rush.
Word of mouth has already helped Solaxy gather around 54,000 followers across social media.
You can buy $SOLX on the Solaxy.io homepage or via the ‘Upcoming Tokens’ feature in the fast-growing new Web3 crypto wallet Best Wallet.
With its innovative Layer-2 solution addressing critical issues on one of the fastest-growing blockchain networks, Solaxy presents a compelling case for long-term growth.
Funds from the presale will go toward product development and marketing.
For updates, connect with the Solaxy community on X and Telegram.
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