Solaxy (SOLX) has quickly become one of the largest presales in 2025, raising over $457 million to date. The project is getting ready to list on major exchanges next week, marking a big milestone for the first Layer-2 blockchain on Solana as traders and investors prepare for the token generation event (TGE).

With strong early support, Solaxy has become one of the top Solana projects this year – and after listing, it could trigger a massive surge in activity across the network.

Interested investors have just hours remaining to buy SOLX at discounted rates before the token is released to the market this week. The presale ends at 2pm UTC on June 16, and with such high demand, the token price could explode once it lists on exchanges shortly after.

Solving Major Solana Issues

While Solana is one of the fastest blockchains, it often struggles when high-profile token launches cause a spike in traffic. This is when network congestion can cause stalled or failed transactions, causing users to lose money – either because they couldn’t close a trade on time or because they had to pay priority fees to expedite their transaction.

Solaxy, with its rollups and transaction bundling technology, introduces a Layer-2 scaling solution that processes multiple transactions on its network and then sends them to Solana as a single transaction for settlement. This process has helped elevate the Ethereum network through its Layer-2 blockchains, and it could also benefit Solana.

The success of the Solaxy presale can be attributed to the work the team has done so far. Solaxy testnet is now live, allowing users to connect via Backpack Wallet using a dedicated RPC. This enables them to utilize the bridge to transfer SOL coins from Solana devnet to Solaxy testnet, test the platform, deploy smart contracts, and track transactions using the block explorer.

The team has also hinted that Igniter, Solaxy’s own token launchpad, and a decentralized exchange (DEX), are coming soon. All of this will turn Solaxy into a fully-fledged blockchain ecosystem.

In the recent dev update, the team announced they are working with Hyperlane to build fast and modular bridges between Solana, Solaxy, and Ethereum. This will enable users to move assets between these chains with minimal latency.

The Multi-Chain SOLX Token

SOLX is the native token of the Solaxy Layer-2 blockchain. Thanks to its multi-chain features, SOLX connects Ethereum and Solana, the two most active blockchain ecosystems, paving the way for Ethereum’s liquidity to flow into Solana.

While the token is sold in a presale, investors can stake their SOLX to earn a dynamic yield of 85%. This not only increases the investment position of stakers without them having to commit additional funds, but also helps increase the potential upside by reducing the circulating supply.

99Bitcoins, a popular crypto analysis YouTube channel, recently shared with its 700K subscribers that Solaxy could be the next 10x crypto launch.

4 Days Before the Solaxy Launch – Here’s How to Join the Presale

In a crowd of meme coins offering no tangible utility, Solaxy stands out by building a scaling solution to fix Solana’s network congestion issues. Between the live testnet, block explorer and bridge, and Hyperlane integration, casual users and developers can already experiment with Solaxy – a feature that is rare with most presales.

Interested investors have less than four days to buy SOLX. To do that, they can connect a crypto wallet to the official Solaxy presale site – SOLX is available for purchase with SOL, ETH, BNB, USDT, or a bank card. Alternatively, the SOLX presale is also available through the Upcoming Tokens launchpad within the Best Wallet app.

Solaxy tokens will be available for claiming after the presale ends, with exchange listings coming soon after the presale conclusion, too.

With over $57 million raised in its presale phase, the Solaxy token launch is expected to be a game-changer. Stay up-to-date with the latest information by following Solaxy on X and joining their Telegram channel.