Solaxy Presale Ends in 27 Days, Aims for $74M+ Presale Raise – Buy While You Can
Solaxy ($SOLX) is the native token of Solana's first Layer 2 solution, currently in the final 27 days of its presale, aiming to raise approximately $74 million. The project seeks to address congestion and scalability issues on the Solana blockchain, which has faced overloads during high network activity. Solaxy utilizes roll-up technology for faster transactions while ensuring security and efficiency, making it suitable for high-frequency decentralized applications (dApps). The presale has garnered significant interest from both retail investors and crypto whales, with early funding reaching $38 million. Solaxy's tokenomics allocate 30% of the total supply for technological development, 20% for financial stability, and 25% for staking rewards. The current annual percentage yield (APY) for staking is around 106%, expected to decrease as more participants join. Recent developments include the launch of a Solana Testnet bridge for cross-chain interoperability and a block explorer feature for real-time transaction monitoring. Each $SOLX token is priced at $0.00173, with predictions suggesting a potential increase to $0.2 by 2030.
