Layer-2 project Solaxy just reached a major milestone – it has raised $26 million before its official launch.
And with one analyst expecting high potential returns for early investors, the buzz around Solaxy (SOLX) is reaching new highs.
Solaxy Aims to Fix Solana as Analyst Expects High Potential for SOLX
Solaxy aims to take the Solana blockchain to the next level.
It’s designed to supercharge Solana by tackling the key issues that sometimes slow it down – network congestion, failed transactions, and scalability limitations.
Basically, Solaxy wants to make Solana faster, smoother, and cheaper.
And this vision hasn’t gone unnoticed.
Umar Khan, an analyst for 99Bitcoins (a popular crypto analysis channel with 700K+ subscribers), recently discussed Solaxy in a video.
He didn’t mince his words – Khan said Solaxy could have major potential after it goes live.
Khan pointed to the project’s high staking rewards and the fact that it’s tackling real problems in Solana’s ecosystem.
He sees this as a strong signal of potential, and a project worth paying attention to.
As he put it, “if you believe in Solana, you are going to love this.”
But Khan isn’t the only crypto analyst hyped about Solaxy – fellow expert ClayBro also said SOLX could “lead the way” in the next bull cycle.
SOLX Token Presale Heats Up with Over $26M Raised
Currently, Solaxy is still in its presale phase, going from strength to strength.
It’s raised $26.2 million at the time of writing, with over $100,000 pouring in daily.
That’s a clear sign of just how much interest the crypto community has in Solaxy.
The current SOLX price is $0.001662, but it will rise every few days, rewarding the earliest investors.
Think of it like early-bird pricing: you get in at a much lower cost.
For those interested, SOLX can be secured through the official website or via the Best Wallet mobile app.
Once the presale wraps up, there will be a Token Generation Event (TGE), after which investors can claim their SOLX.
Solaxy’s Telegram and X (Twitter) communities have been blowing up as the presale unfolds.
There’s lots of talk about a potential price explosion once SOLX hits a DEX.
This often happens with presale projects – more accessibility and visibility can drive up demand, and with it, the price.
Early investors are hopeful this will be the case with Solaxy.
Examining the SOLX Audit, Tokenomics, and Potential
Solaxy team has had SOLX audited by Coinsult, a highly respected blockchain security firm.
That’s a good sign, as it shows they’re committed to transparency and building trust.
Beyond the audit, the project’s tokenomics are also well-structured.
Of the 138 billion SOLX tokens, 25% are set aside for rewards, 30% for development, 15% for marketing, 10% for exchange liquidity, and 20% for the project’s treasury.
So, what does the future hold?
It’s too early to tell if Solaxy will be a success, but if it delivers on its promises – fixing Solana’s congestion issues – it could attract a lot of users, especially developers building dApps.
The planned launch on DEXs and CEXs will increase access, potentially creating more demand.
All signs point to a bright future for Solaxy.
It’s a project that’s on a lot of watchlists heading into Q2 2025.
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