The crypto market appears to be bouncing back, with green candles lighting up across key assets like Bitcoin and Ethereum.

Amid this recovery, investors are looking for high-potential projects—and one that's making major waves is Solaxy, a Solana-based project that has already raised over $30 million in its presale.

Crypto enthusiasts are closely following the latest developments in the Solana ecosystem, particularly the upcoming launch of Solaxy, a Solana-based project that has already crossed $30 million in its presale.

Solaxy is a Layer 2 solution designed to improve scalability and stability for everyday users on the Solana network. The project aims to resolve the congestion issues that arise during periods of high demand, thereby enhancing the user experience and programmability of the chain.

Despite its strong fundamentals and robust ecosystem, Solana faces challenges in network performance due to rapid adoption.

With a market cap of $67 billion, Solana’s price surged by $130. The token’s 21% increase over the past seven days has experts predicting it could reach $250 by the end of 25.

For those who believe in Solana’s long-term vision, Solaxy offers an indirect way to gain exposure to its growth, especially with Solana’s RSI recently entering oversold territory. This indicates that it may be undervalued and ready for a rebound.

Solaxy: Latest Dev Update Highlights Major Rollup Optimizations and Security Upgrades

Solaxy is pioneering a revolutionary advancement in blockchain technology, delivering the first-ever Layer 2 solution designed exclusively for the Solana ecosystem.

This project aims to transform how users interact with Solana by dramatically enhancing scalability, reducing failure rates, and maintaining seamless performance even during periods of high network demand.

Leveraging a rollup-based architecture, Solaxy offers off-chain transaction processing that eliminates bottlenecks commonly experienced during traffic spikes, which have historically caused disruptions and financial losses on the Solana network.

By optimizing speed and throughput, it positions itself as a future-proof, high-performance infrastructure layer designed to support the next wave of decentralized applications.

Despite its advanced utility, Solaxy is packaged with the charm of a meme coin, capitalizing on the growing popularity of frog-themed tokens that are predicted to dominate the meme landscape in 2025.

It’s also built to be cross-compatible with both Ethereum and Solana networks, ensuring broad utility and liquidity for its multi-chain token.

On March 25th, Solaxy shared a development update highlighting key improvements to its network performance and user experience. The team has been focused on enhancing transaction throughput and boosting transactions per second (TPS).

A major upgrade includes the integration of a new sequencer from the Sovereign SDK to enable soft confirmations, offering users quicker transaction validation prior to full rollup processing. The updated sequencer also allows seamless switching between basic and soft confirmation kernels.

To further optimize rollup performance, Solaxy is working closely with Sovereign on a new caching mechanism and refining serialization processes to reduce overhead.

Additionally, collaboration with Hyperlane continues to improve the validator setup for the Bridge UI, strengthening security and delivering a more stable and production-like experience even on testnet.

Solaxy’s Presale Passed $30 Million: Why This Layer 2 Solution is Gaining Serious Attention

The Solaxy presale is live, offering $SOLX tokens at $0.001694 each. Investors can purchase these tokens using cryptocurrencies such as $ETH, $BNB, and $USDT, or through bank card payments. The project is integrated with Best Wallet, a rapidly growing crypto wallet platform.

This integration allows users to easily view their purchased tokens, staking amounts, and rewards, simplifying the onboarding process for new crypto participants.

Staking with Solaxy offers a competitive 135% APY, which, while lower than some extreme meme coin yields, remains a strong incentive for early adopters. The token generation event will unlock staked tokens and presale purchases, coinciding with its debut on both centralized and decentralized exchanges.

Solaxy’s social media presence is growing quickly, with over 84k combined followers on X and Telegram. This increase in engagement reflects growing interest in the project and recognition of its potential.

As the presale passed the $30 million milestone, anticipation rises for what many view as the next breakout crypto. By addressing the long-standing need for a dedicated Layer 2 solution for Solana, Solaxy not only improves technical performance but also taps into the current meme coin frenzy.

This double benefit suggests the possibility of explosive growth for Solaxy in the coming months. With early signs of strength in the bull market, Solaxy could be one of the best ICOs to invest in now.

To take part in the $SOLX token presale, visit solaxy.io.

News data source: kdj.com

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