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Solaxy ICO Nears $21M with 500K in Daily Inflows – Invest Before It Sells Out

by crypetonews
February 15, 2025
in Bitcoin
Reading Time: 4 mins read
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Solana-based meme coins continue to dominate the cryptocurrency landscape, and Solaxy (SOLX) is quickly gaining recognition as a potential breakout star. The project recently surpassed $20 million in its fast-selling ICO, fueling excitement among investors.

Many now view Solaxy as a strong contender for the next major opportunity in the Solana ecosystem, particularly given its rapid growth and surge toward $21 million.

Despite this promising performance, discussions about the token remain relatively muted, even though it’s quietly making waves in the crypto market. While many investors remain focused on the latest trending meme coins, Solaxy (SOLX) hasn’t yet received the same level of attention as projects like Wall Street Pepe.

Solaxy Tackles Solana’s Congestion with High APY Staking

Solana can process up to 65,000 transactions per second, but heavy demand—like a meme coin launch—can still slow it down. Solaxy aims to fix this problem for good.

The team plans to add an extra “lane” to Solana to ease the load on the main chain. Instead of every transaction fighting for space, Solaxy processes them off-chain, bundles them, and then settles them back on Solana.

This approach speeds up transactions, lowers fees, and improves the user experience. Solaxy’s token, $SOLX, runs the system. It covers gas fees, staking rewards, governance, and more. It will also power Solaxy’s multi-chain bridge, which aims to connect Ethereum and Solana.

Source – Solaxy (SOLX) Twitter 

This bridge will give users access to Ethereum’s liquidity while benefiting from Solana’s speed. Excitement around this feature is growing fast. With Solaxy’s X (Twitter) following now above 68,000, the project is gaining attention online.

Beyond speed, Solaxy offers staking rewards for $SOLX holders, with annual returns estimated at 194%. So far, investors have staked nearly 6 billion $SOLX in the protocol.

Security is another key focus. Coinsult, a trusted crypto auditing firm, has reviewed Solaxy’s smart contracts. The audit didn’t find any big problems, making things clearer and boosting investor confidence.

Solaxy Presale Nears $21 Million as Investor Demand Grows

Solaxy’s total inflows have reached about $20.9 million, moving closer to the $21 million mark. This reflects a $500,000 increase from the previous day.

Presale projects like Solaxy give investors a chance to buy tokens before they hit the open market. A structured presale lets early buyers secure tokens at a set price, avoiding sudden price changes. Many past projects have followed this model with success, and Solaxy appears to be on the same track.

$SOLX is available for $0.001636 on Solaxy’s official presale site. The price will go up in the next round, so buyers have a limited window to get in at this rate.

Investors can connect a crypto wallet like Best Wallet to the buying widget. Best Wallet also helps track $SOLX holdings before the presale ends. For more information, investors can check out our guide on purchasing Solaxy tokens here.

Solaxy’s tokenomics plan supports long-term growth with a balanced distribution. The project sets aside 20% for the treasury, 15% for marketing, and 25% for staking rewards to attract and retain investors.

Another 10% is reserved for exchange listings, while 30% funds development to keep innovation going. This setup aims to create a strong and lasting ecosystem for investors and long-term supporters.

Once the presale ends, $SOLX will be listed on a DEX, making it publicly tradable for the first time. If all goes well, CEX listings could follow. There’s growing speculation about $SOLX’s price potential. If you want to see what the future holds for Solaxy, you can check our $SOLX price prediction guide.

Excitement is also building around possible spot Solana ETF approvals this year, which could boost demand for SOL. If that happens, interest in scaling solutions like Solaxy may also rise—putting $SOLX in a strong position to benefit.

Overall, momentum is growing for this new Layer-2 project, making the $SOLX presale one to watch closely. To take part in the $SOLX token presale visit solaxy.io.

Related

Newest Meme Coin ICO – Wall Street Pepe

Wall Street Pepe

Audited By Coinsult
Early Access Presale Round
Private Trading Alpha For $WEPE Army
Staking Pool – High Dynamic APY

Wall Street Pepe

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Tags: 21M500KDailyICOInflowsInvestNearsSellsSolaxy
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