Polymarket crypto betting platform enables Solana SOL deposits. Solaxy SOLX presale raises $27 million to boost Solana scalability.
Polymarket, the world’s largest prediction market on Polygon, now supports SOL deposits. In a post on X, the platform announced that users can now deposit SOL directly from the Solana network—a major shift that could drive trading volume and solidify its dominance.
Starting today, you can now make deposits into your Polymarket wallet using Solana.https://t.co/3sBK0ai3VU
— Polymarket (@Polymarket) March 24, 2025
Polymarket Adds SOL Deposits
Previously, users had to deposit USDC on Polygon to place bets. The decision to integrate Solana marks a pivotal moment for Polymarket, SOL, and the broader prediction market space, which has gained significant traction since its surge in popularity during the 2024 United States elections.
The appeal of the Polymarket crypto betting platform lies in its real-money prediction markets, which cover diverse topics from political outcomes to financial events.
Currently, users are betting on the next prime minister for Canada. Pierre Poilievre faces stiff competition from Mark Carney. Other trending markets include whether the Russia-Ukraine war will end in March and predictions for Romania’s next president.
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According to Dune, the Polymarket crypto betting platform recorded over $21 million in trading volume yesterday, with more than 46,000 active wallets.
Notably, over 128,000 matched trades pushed the 28-day total past 3.3 million. Open interest has remained flat despite this growth, hovering above $100 million since late January 2025.
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The SOL integration is expected to boost user engagement by allowing holders to place bets conveniently without converting to USDC.
Like USDC deposits on Polygon, Solana offers low fees and ease of use, making SOL a cost-effective and accessible alternative. These factors could explain why SOL is among the best cryptos to buy in 2025.
DISCOVER: Top Solana Meme Coins to Buy in March 2025
Solaxy SOLX Presale Details: Over $27 Million Raised
Amid this development, investors are also eyeing Solaxy, a Layer-2 solution for Solana, and its SOLX token presale, which has raised over $27 million toward a $30 million goal.
Solaxy is building the first Solana Layer-2 solution, rerouting transactions off-chain during peak demand to ease network congestion and keep costs low.
This innovative approach reduces transaction failures and enhances overall network efficiency, making Solana even more attractive.
Beyond scaling, Solaxy emphasizes interoperability. Developers are working on bridging Solana and Ethereum, enabling seamless asset transfers and rapid dApp migration.
The team recently integrated soft confirmations via a sequencer from the Sovereign SDK, improving throughput and user experience.
In the ongoing Solaxy SOLX presale, tokens are available for $0.001674—a discount ahead of listings on top exchanges. Most SOLX price predictions forecast double- or triple-digit gains post-launch.
As funding grows, so does the Solaxy community, with many SOLX holders staking their tokens for a 147% APY—one of the highest for users investing in some of the hottest presales right now.
DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now
Polymarket Adopts Solana: Will SOL and Solaxy SOLX Presale Drive Crypto Betting in 2025?
- Polymarket Crypto Betting Platform Now Supports SOL Deposits
- Solaxy SOLX Presale Raises $27M, Nears $30M Goal
- Invest in SOLX Tokens and Earn 147% APY For Staking
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