Solaxy (SOLX) continues to gain momentum in its presale, with less than 2 days before the token launches on June 23, 2025.
The project, aiming to become the first ever Solana Layer 2 (L2) network, has successfully secured over $55 million in presale funding, making it one of the most anticipated presale projects in 2025, as well as the largest Solana ICO ever.
Before the presale concludes and SOLX launches on major exchanges, investors have one last chance to buy the crypto at the discounted prices.
Let’s explore what makes Solaxy such an attractive crypto presale to so many investors.
New Layer 2 Scaling the Solana Network
When it launched in 2020, Solana revolutionized the decentralized space with its high transaction speeds and low fees. One of the key innovations is within its protocol, which combines a Proof-of-Stake (PoS) model with Proof-of-History (PoH) to create a hybrid consensus mechanism.
While being a stable and reliable blockchain since launch, Solana started to encounter congestion problems during high-traffic periods, opening the door for innovations to address these challenges. Solaxy was developed to tackle these exact issues, eliminating congestion by handling Solana transactions off-chain. As a result, the project offers lightning-fast transaction speeds and slashes gas fees to make Solana even more scalable.
Unlike some presales with features still stuck in the whitepaper phase, Solaxy has already released its technology for public use. Based on one of the recent developer notes, the upcoming Solana L2 launched its testnet on June 2nd, allowing anyone to test the chain’s features.
A few weeks earlier, Solaxy launched its testnet bridge and block explorer, which is compatible with the Solaxy L2 and Solana L1. When the mainnet bridge launches, it will also accommodate the Ethereum network, allowing multi-chain access for SOLX holders from day one.
How Soon Could Solaxy 100x?
Solaxy isn’t stopping at just scalability. Beyond its technology and Layer 2 features, it’s building a complete blockchain ecosystem with multiple functionalities. For instance, it will launch a multi-chain token launchpad within its Igniter Protocol, providing SOLX users with the tools to deploy new cryptocurrencies.
The team is also building a dedicated exchange called the Solaxy DEX, which integrates seamlessly with Igniter Protocol tokens. With low transaction costs at sub-second speeds, the DEX aims to be a high-performance trading hub for meme coins and emerging tokens.
All these functionalities are powered by the native token, SOLX, a multi-chain cryptocurrency that operates on both Ethereum and Solana. Investors can purchase SOLX tokens at a current discounted price of $0.001766 through the presale.
Crypto ZIP, a popular presale token analyst on YouTube, highlighted Solaxy’s 100x potential after explaining the project’s live technology, roadmap, and presale growth.
Solaxy Beats XRP & Solana? The First Solana Layer 2 Could 100x Fast
Recent Token Burns Driving Long-Term Value
Solaxy performed two major token burns within a period of less than two weeks to set the project up for a sustainable and value-aligned launch.
On June 12, 2025, Solaxy burned $62 million worth of SOLX tokens (about 35 billion XOL) to reduce supply and reinforce the token’s price. The aggressive permanent burn marked a significant step towards providing more long-term value for SOLX holders and creating healthier tokenomics as the ecosystem progresses.
The second permanent burn occurred on June 19th and involved 20 billion SOLX tokens, in line with the goals of responsible supply management. Combined with the initial 35 billion SOLX token burn, this means that 55 billion or nearly 40% of the total token supply has been permanently removed.
For a project like Solaxy, which is building a comprehensive Layer 2 ecosystem with a launchpad, DEX, and cross-chain infrastructure, permanently reducing the token supply increases price stability and overall utility. A learn token supply signals the team’s commitment to sustainable value creation, especially given SOLX’s key role in the Solaxy L2 network.
Last Chance to Buy Before the Solaxy Presale Ends
With the Solaxy presale in its final stretch, the window is closing for investors to secure SOLX tokens before public listing. With less than 2 days left in the presale, this is one of the last chances to secure a position at the $0.001766 price level.
To buy SOLX, investors must link their decentralized wallet to the official Solaxy presale website. You can purchase using USDT, USDC, SOL, ETH, BNB, or bank cards.
Additionally, the platform offers high staking APY for early buyers, with rewards reaching up to 76%. Users can still take advantage of these early rewards, as over 15 billion SOLX tokens have already been locked up since the presale began.
This article is for informational purposes only and does not provide financial advice. Cryptocurrencies are highly volatile, and the market can be unpredictable. Always perform thorough research before making any cryptocurrency-related decisions.
