Solaxy ($SOLX) is a new cryptocurrency project building the first-ever Solana layer 2 blockchain.
This week, developments in the Solana ecosystem indicate that on-chain activity is about to skyrocket – but Solana simply doesn’t have the computational resources to handle all that demand.
Congestion has been an issue on Solana since almost day one, resulting in delays, failed transactions, and sometimes even network downtime.
But this is precisely what Solana is here to fix – and experts say it could be a huge opportunity for traders. Not only do analysts think Solaxy will buoy the Solana price to $200 and beyond, but they believe the $SOLX token itself could see up to 100x gains.
Solaxy is currently undergoing a presale, which has raised $27.2 million so far. The current $SOLX presale price is $0.00167, but this will rise throughout the ICO, with the next increase in under two days.
Solaxy Could Give 100x Returns, Says Leading Analyst
By tackling a pressing issue on one of the hottest blockchains, Solaxy has garnered substantial interest from leading experts.
Umar Khan, an analyst who hosts videos on the 99Bitcoins YouTube channel, recently called Solaxy a “Solana gem” and said it holds 100x growth potential. For perspective, this would turn a $10K investment into $1 million if it pans out.
Since Solaxy’s presale began, investors have scrambled to buy in. And with over $27 million raised, the project now boasts one of the most successful Solana ICOs ever. And if that doesn’t indicate strong investor support, then its 73K X followers and 9.9K Telegram members do.
But it’s also worth noting that price appreciation is not the only way to earn from the presale. Investors can also stake their tokens. Staking feature is live now and currently offering a 150% APY, although this will decrease as the staking pool grows.
Addressing Solana’s Biggest Bottleneck, Fueled by Memetic Humor
Glance at the Solaxy social media sites and your first impression might be that it’s a meme coin. It wouldn’t be a misjudgment. The project’s artwork is as comedic and eye-catching as that of any joke token.
Yet, behind this branding is Solaxy’s true value: an innovative piece of Solana infrastructure.
Solana’s user base comprises millions of meme coin fans. Solaxy understands this and so speaks to them in their language. But don’t be mistaken – Solaxy is all about real innovation.
Its Solana layer 2 blockchain will use transaction bundling technology and off-chain computation to make Solana faster, cheaper, and more reliable. In effect, this will eradicate Solana’s congestion issue for good.
By tackling the congestion issue, Solaxy aims to future-proof Solana and equip it to handle new applications and adoption.
The $SOLX token will be used for staking, paying gas fees, and governance.
$TRX, Pump.swap Launching on Solana Soon – More Scalability is Needed
Capable of 6,500 transactions per second (TPS), Solana works flawlessly during periods of low user activity, such as in recent weeks.
But in periods of high activity – such as when crypto prices suddenly change or when a high-profile token launches, like Donald Trump’s OFFICIAL TRUMP – things start to break down.
And these are often the most crucial moments for Solana to work as designed.
Looking ahead, some major developments on Solana will likely amplify network congestion. These are the launch of Tron’s $TRX on Solana, as revealed by Tron Founder Justin Sun this week, and meme coin casino Pump.fun launching its own decentralized exchange, which will make meme coin trading even more popular.
Introducing PumpSwap, Pump’s new native DEX
beginning NOW all coins that complete their bonding curve will migrate directly to PumpSwap
PumpSwap enables
– instant migrations
– 0 migration fees (down from 6 SOL)
– more liquidity
– creator revenue sharing (coming soon)& more 👇 pic.twitter.com/T9BkmmaVVS
— pump.fun (@pumpdotfun) March 20, 2025
The Solana ecosystem is continuing to expand rapidly, but its infrastructure must keep up. Solaxy is emerging at just the right time.
And with the support of a strong community and standout analysts on board, it seems that everything is in place for Solaxy to succeed in the coming months.
Traders can capitalize on this by contributing to the Solaxy presale. However, as mentioned, the $SOLX price will rise throughout the campaign.
This means potential buyers should act fast or risk paying a higher price later.
Visit Solaxy Presale
Read the full article here
Follow us on Google News to get the latest Updates
