Solaxy ($SOLX) Presale Reaches $22.2M, Aiming to Boost Solana's Scalability

The Solaxy ($SOLX) presale has raised over $22.2M since its launch in December, offering early adopters a discounted price of $0.00164 per token and a 182% APY for staking. As the world's first Layer-2 network for Solana, Solaxy aims to address Solana's congestion issues and increase processing speeds. Analysts predict $SOLX to reach $0.032 after the Layer-2 network deployment, with potential growth to $0.02 by 2026 if the project roadmap is followed. The Solana ecosystem's market cap grew from $160B in January 2024 to $903B in January 2025, nearing Ethereum's valuation. Solaxy's Ethereum-based solution also bridges Solana with Ethereum for cross-chain transfers.