In a significant development for the Solana ecosystem, Solaxy ($SOLX), the pioneering Solana Layer-2 blockchain, has attracted a major whale investment of $200,000. This purchase of 115 million $SOLX tokens comes as the project’s presale approaches the $35 million milestone, signaling growing institutional confidence in Solana’s Layer-2 solutions.
Solaxy Presale Momentum: Key Metrics and Analysis
The recent whale purchase represents the largest single investment in $SOLX to date, occurring just as the project surpassed $30 million in presale contributions. Currently priced at $0.001722, $SOLX is positioned as a dual-chain solution operating on both Ethereum and Solana networks.
Technical Infrastructure and Ecosystem Benefits
As Solana’s first Layer-2 solution, Solaxy addresses several critical challenges:
- Network congestion reduction
- Enhanced transaction reliability
- Improved scalability for high-volume trading
- Multi-chain operability
Investment Opportunities and Staking Rewards
The project offers significant staking opportunities with a current APY of 115%. Notable features include:
- 25% token allocation for staking rewards
- Multi-currency purchase options (ETH, SOL, USDT, BNB)
- Immediate staking availability post-purchase
Market Impact and Future Prospects
This development coincides with broader Solana ecosystem growth, including the recent expansion of the Global Dollar Network (GDN). Recent challenges in the Solana DeFi space make Solaxy’s Layer-2 solution particularly timely for addressing scalability and reliability concerns.
FAQ Section
What is Solaxy’s current presale price?
The current price is $0.001722 per $SOLX token, with an imminent price increase scheduled.
How can investors participate in the presale?
Investors can participate through the official Solaxy presale page using various payment methods including major cryptocurrencies and credit/debit cards.
What are the staking rewards?
Current staking APY stands at 115%, with 25% of the total token supply allocated for rewards.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Cryptocurrency investments carry high risk, and readers should conduct their own research before making investment decisions.
