Solaxy Presale Soars Past $25M: Best Crypto to Buy Under $1?

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As Bitcoin, Etheruem, and Solana make gains today, a brand new project called Solaxy ($SOLX) is causing a huge buzz.

The project is undergoing a presale and has just surpassed a major milestone, raising $25 million.

Investors are scrambling to get involved with Solaxy, which is building the first-ever Solana layer 2 blockchain. As one of only five cryptocurrencies that the United States plans to hold, there’s massive potential for Solana and, by extension, Solaxy in the coming months.

The Solaxy presale is ongoing and currently priced at $0.001654, but this will rise throughout the ICO. The next increase will occur in under two days. As such, prospective investors should act quickly to secure the best price.

Solaxy addresses Solana’s congestion issue with rollup tech

Solaxy aims for “infinite” scalability on Solana by equipping it with its first-ever layer 2 blockchain. Layer 2 tech has been around on Ethereum for a while now, helping keep transaction costs down within the ecosystem.

And while Solana is substantially more scalable than Ethereum, this will only intensify with the advent of Solaxy.

Solana is already capable of 6,500 transactions per second (TPS), but due to its huge demand, it often reaches its maximum capacity during times of high network activity. This leads to longer wait times and, sometimes, transaction failures.

Solaxy will use off-chain computation and transaction bundling technology to make Solana transactions cheaper, faster, and more reliable.

The Solaxy team releases bi-weekly updates on the latest technical implementations. The most recent one announced partnerships with “major wallet providers” and the expansion of its token launchpad, making deploying new cryptocurrencies on top of Solaxy easy.

Solaxy’s goal is to revolutionize transactions on Solana. Right now, Solana is worth $72 billion, while Solaxy is in the early stages of development. Should it reach its goals, experts believe it could have massive potential for price gains.

Miles G, an analyst with 164K YouTube subscribers, recently called Solaxy a “very big play” and said it has 100x price potential.

Building bridges between Ethereum and Solana with $SOLX

Not only will Solaxy change the way users interact with the Solana blockchain, but the $SOLX token will be a bridge between crypto’s two hottest ecosystems. $SOLX is available on both the Solana and Ethereum blockchains, making Solaxy widely accessible.

The idea is to tap into the significant liquidity of the Ethereum ecosystem. Currently, $ETH has a $262 billion market cap, and the Ethereum blockchain has a $50 billion TVL.

Meanwhile, $SOL has a $72 million market cap, and the Solana chain has a $7 billion TVL.

The Solaxy team’s decision to launch $SOLX on both networks was smart, allowing it to benefit from Solana’s high user count and Ethereum’s deep liquidity.

Another advantage to $SOLX is that presale investors can compound their holdings through the project’s staking mechanism. This feature is live and currently provides a 164% APY, but this will decrease over time.

Trump tax cuts and crypto reserve plans are good news for Solaxy

The crypto market continues to experience catalysts that could culminate into a historic rally in the coming months. Most recently, President Trump announced that the US would build a crypto reserve containing Bitcoin, Ethereum, Solana, XRP, and Cardano.

Now, whispers are circulating that the US also plans to scrap capital gains on cryptocurrencies made inside the US. The five cryptos mentioned in the strategic reserve are expected to make that list.

For all involved, it’s an exciting time. Not only will the US begin actively injecting money into these markets, but the tax cuts will make investing in crypto even more appealing to US citizens.

The White House is also hosting its first-ever crypto summit on Friday, which could lead to even more bullish catalysts.

However, one crypto stands to disproportionately benefit in all of this, and it’s Solaxy.

It’s launching on the market at what could be the perfect time. With $25 million raised and the US government and citizens on the brink of investing billions into the Solana ecosystem, $SOLX is positioned for strong growth in the months ahead.

Investors can capitalize on this by participating in the Solaxy presale.

You can also stay updated by following Solaxy on X or joining its Telegram channel. Alternatively, visit its website to buy and stake tokens.

Visit Solaxy Presale