Companies Left and Right Are Buying Solana, Promising a Rally. Will the Solaxy Presale Explode?
SOL Strategies, a Canadian investment firm, purchased 122,524 $SOL at an average price of $148.96, aiming to expand its validator business. Institutional interest in $SOL is growing, with DeFi Development Corp. planning to raise $1B for further purchases. Following the acquisition, SOL Strategies’ shares surged over 90%, trading at approximately CA$2.6. Solana's price has increased around 50% to $147 after a recent dip, indicating strong technical performance despite being below its all-time high of $295. Solaxy ($SOLX), a new cryptocurrency, aims to address Solana's congestion and scalability issues by creating the first Layer 2 solution on the network. The Solaxy presale has raised over $33.5M, with predictions suggesting a potential price increase of nearly 12,000% by 2030. The current presale price for $SOLX is $0.001716.
