Solaxy ($SOLX) Introduces the First-Ever Layer-2 Solution for Solana, Expanding Bitcoin's Capabilities with StratoVM (SVM)

Solaxy ($SOLX) recognizes the need for continuous improvement in blockchain technology and introduces the first-ever Layer-2 solution for Solana.

Solaxy ($SOLX$) is rolling out the first Layer-2 solution for Solana, which is continuing to attract interest as it builds towards the mainnet launch with a presale for the new token.

At the same time, another Layer-2 project is seeing huge volumes and whale interest for its potential to upgrade Bitcoin’s underdeveloped network.

StratoVM (SVM) has reportedly seen a 6,588% price increase in the last month alone, making it a project to watch as it brings smart contracts and DeFi capabilities to Bitcoin.

Let’s check out the details.

Solaxy ($SOLX$) Presale is Building Momentum: Here’s How to Buy ItSolaxy ($SOLX$) is the first Layer-2 solution for Solana, built to improve speed, scalability, and overall network efficiency. It processes transactions separately from the mainnet, preventing congestion while preserving security and decentralization.

To invest in the presale, follow these steps:

Step 1: Set Up a Crypto Wallet

To buy $SOLX, you’ll need a wallet that supports both Ethereum (ERC-20) and Solana (SPL) tokens. Best Wallet is a great choice, as it supports over 60 blockchains and has an integrated fiat-to-crypto onramp.

Step 2: Buy ETH or USDT

Solaxy presale requires ETH or USDT for purchases. You can buy these directly in Best Wallet using a credit card, debit card, or Google/Apple Pay.

Step 3: Connect to the Solaxy Presale

Step 4: Buy $SOLX

While Solaxy presents an interesting opportunity, it remains a high-risk investment, as most presale tokens do. The project’s success will ultimately depend on adoption, technological execution, and continued developer support.

For those seeking more established Layer-2 projects, StratoVM (SVM) offers a compelling alternative. It integrates smart contracts and DeFi functionality into Bitcoin’s network, addressing key scalability and efficiency challenges.

StratoVM (SVM) is Expanding Bitcoin’s Capabilities – Can This Layer-2 Project Change BTCFi Forever?StratoVM (SVM) has seen a huge rise in the last 30 days, seeing a 6,588% price increase to reach $0.182 as the community takes notice.

Its aim is to expand Bitcoin’s capabilities by offering a Layer-2 solution that introduces smart contracts and DeFi to the cryptocurrency giant.

SVM 1-month price chart, Source: CoinGecko

Its Ethereum Virtual Machine (EVM) compatibility enables developers to port decentralized applications (dApps) and DeFi protocols to Bitcoin, expanding its use cases and unlocking new opportunities for innovation.

With a market capitalization of $25 million, StratoVM is still relatively small compared to projects like CoreDAO, which has a $990 million valuation. This disparity suggests room for growth if adoption continues at its current pace.

The project is currently available on Uniswap and listed on CoinGecko, enhancing accessibility for all interested in this project. On top of it, StratoVM officially launched on Solana today, marking a significant milestone that adds to the project’s momentum.

The testnet activity is already showing strong traction, with over 113,000 wallet addresses created and daily transaction volume exceeding 56,000.

StratoVM’s list of partnerships

StratoVM is emerging at a time when Bitcoin Finance (BTCFi) is seeing explosive growth. According to DeFiLlama, the total value locked in BTCFi has jumped from $307 million to $5.85 billion in just one year, highlighting the increasing demand for Bitcoin-based DeFi solutions.

To support its scalability goals, this project integrates a customized version of Optimism’s OP Stack to enhance transaction speeds while preserving decentralization. Additionally, Celestia is utilized for secure, low-cost data storage, ensuring transaction records remain anchored to Bitcoin’s blockchain.

As the mainnet launch draws closer and speculation grows around potential centralized exchange (CEX) listings, StratoVM is making a move.

The project has secured over 50 strategic partnerships and built a strong community of nearly 130,000 followers across X, Telegram, and Discord – making it a project to keep an eye on in the following weeks.

The VerdictSolaxy ($SOLX$) is rolling out the first Layer-2 solution for Solana, aiming to improve scalability and efficiency. While its presale presents an opportunity, its long-term success seems highly uncertain.

At the same time, StratoVM (SVM) could make a strong case for itself in the BTCFi sector, as it saw a 6,588% price increase in a month. Its capability to deliver smart contracts and DeFi to Bitcoin holds transformative power for the network.

This article does not offer financial advice. Cryptocurrencies

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