Bitcoin is bouncing back and Solana is in the green – but some investors are opting for Solaxy (SOLX) instead.

This new project tackles congestion and high fees on Solana with a Layer-2 solution that makes transactions smoother.

As Bitcoin bounces back and Solana trades green, some investors are opting for Solaxy (SOLX) instead.

The Layer-2 project is tackling congestion and high fees on Solana by processing operations off-chain in batches, known as rollups, and sending them to Solana’s mainnet for finalisation.

It’s also bridging Solana with Ethereum to permit assets to move between the two networks and increase liquidity.

This setup will not only make high-volume activities like meme coin trading smoother but also add more flexibility to Solana’s ecosystem.

Are YOU ready to take a trip into Solana's L2? ?

Dive into $SOLX to discover a whole new world to explore ??https://t.co/mdaTX9aVVx pic.twitter.com/rZWcJy2YGF

— SOLAXY (@SOLAXYTOKEN) April 9, 2025

And for those interested in passive income, the SOLX staking protocol offers an estimated APY of 137%.

More than 8.3 billion SOLX tokens have already been staked.

These features have driven huge interest in the Solaxy project, with the official X (Twitter) account having over 73,000 followers.

Solaxy’s Telegram channel has also seen rapid growth in the past few weeks as presale demand ramps up.

It’s a project many are keeping tabs on ahead of its launch.

As the crypto market shows signs of recovery, there’s a clear sentiment shift that investors are noticing.

Bitcoin has bounced back to the $81,400 level and Solana is trading around $115 – both signals of a market waking up after the recent sell-off.

This rebound can be partly attributed to Trump’s decision to pause tariffs on goods from China, an action that has brought positivity across the board.

One project that’s capitalizing on this upbeat market mood is Solaxy.

The SOLX presale has already raised $29.5 million, with the token currently on offer for just $0.169.

Solaxy’s developers plan to list SOLX on a popular DEX once the presale wraps up. They’ve also set out a clear tokenomics structure, allocating 25% of the supply for staking rewards, 30% for ongoing development, and 15% for marketing.

Plus, compared to other crypto presales in 2025, Solaxy’s performance is noteworthy.

It’s an example of how clever tech, solid market timing, and future thinking can create a promising early-stage opportunity.

Solaxy’s team keeps the excitement alive with regular updates on the project’s website. The latest update, posted on March 25, provides a glimpse into what’s in store.

The team highlighted the integration of a new sequencer from the Sovereign SDK. This sequencer provides “soft confirmations” that let users quickly know their transactions are valid, even before they’re fully processed.

The team is also enhancing rollup performance with adjustments like a new caching mechanism.

Additionally, progress is being made on the bridge UI with Hyperlane.

These developments aim to strengthen security and make the overall user experience more seamless.

Further adding to the buzz, some of the biggest names in the crypto space are discussing Solaxy.

YouTuber Crypto Christopher recently included Solaxy in his recommendations for the best meme coins to buy now, directly boosting presale demand.

SOLX has also made it onto CoinSniper’s list of crypto launches to watch.

With such a promising use case and a huge amount of community hype, it’s clear Solaxy isn’t just another flash-in-the-pan project. It’s here to stay – and that’s why many investors are keeping a close eye on it.

News data source: kdj.com

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