In what’s turning out to be probably the most record-breaking crypto presales of the yr, Solaxy (SOLX) has raised over $55.5 million. This success has largely been supported by buyers and undertaking builders who see super potential in initiatives that may improve Solana’s already formidable capabilities. The DeFi lending sector can be a key level of focus, as the entire worth locked in crypto lending protocols lately surpassed $53 billion.
Contemplating the tempo of this development, market consultants want to Solana as the perfect blockchain to fulfill this rising demand. Institutional buyers have additionally been doubling down on Solana’s ecosystem through recent capital inflows. In the meantime, US regulators have proven a willingness to advance approvals for Solana exchange-traded funds (ETFs), making the pessimistic perspective of earlier years really feel like a distant reminiscence.
In opposition to this backdrop, Solaxy, the first-ever Layer 2 scaling resolution on Solana, is gearing up for its mainnet launch on July 7 – after which it would instantly start serving to Solana to deal with its surging DeFi demand.
Traders solely have two days to purchase SOLX tokens for $0.001766 earlier than the token declare begins on June 23.
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Establishments Flip to Solana for On-Chain Finance, Solaxy Steps in because the Layer 2 Repair
A brand new wave of DeFi adoption is underway, fueled by the enlargement of tokenized real-world property and elevated institutional participation. Per a latest market report by Artemis and vaults.fyi, the entire worth locked on high lending platforms has surged 60% up to now yr (and is now approaching $60 billion), as conventional finance embraces on-chain yield markets.
With virtually $10 billion locked into its personal DeFi protocols, Solana is rising because the go-to community for on-chain finance, with market commentators praising its pioneering know-how and excessive developer development charge (which is even sooner than Ethereum’s).
On the identical time, SOL Methods (HODL), a Canadian agency that holds greater than 420,000 SOL in its reserve, has utilized to listing on the Nasdaq change within the US. This transfer is especially notable because it replicates MicroStrategy’s Bitcoin playbook (led by Michael Saylor), however focuses on Solana publicity as an alternative.
SOL Methods has filed Kind 40-F with the SEC, an essential step towards our potential Nasdaq itemizing below the image STKE.
This submitting expands our path to U.S. capital markets whereas sustaining our CSE itemizing below HODL.
Learn the total announcement: https://t.co/51g0zs9qX7
— SOL Methods (CSE: HODL | OTCQB: CYFRF) (@solstrategies_) June 19, 2025
This institutional confidence reaffirms Solana’s momentum, but in addition highlights its challenges. Throughout January’s meme coin frenzy, Solana’s community skilled non permanent however important congestion, resulting in slower transactions when cryptos just like the Official Trump (TRUMP) coin exploded in reputation.
Solaxy’s Layer 2 resolution immediately targets Solana’s scalability bottlenecks by offloading transaction bundles to a secondary community for processing, and finalizing them on Solana’s Layer 1.
By successfully increasing throughput and decreasing on-chain load, Solaxy will be certain that surging consumer exercise (from DeFi trades to in-game actions) will be dealt with with out degrading Solana’s efficiency. Solaxy’s Layer 2 may also provide a cross-chain characteristic, utilizing a bridge to Ethereum and Solana to attach liquidity between the 2 ecosystems.
Whales Push Solaxy Presale Previous $55 Million as Mainnet Launch Nears
Solaxy’s presale has raised over $55.5 million, making it one of many yr’s most profitable crypto presale campaigns.
On-chain information continues to indicate important whale participation, with massive purchases accelerating the presale elevate from $53 million to over $55 million in a matter of days. This demand even prompted Solaxy’s group to briefly lengthen the sale’s timeline to accommodate last-minute curiosity.
The Solaxy group has additionally carried out two large token burns, completely eradicating about 55 billion SOLX (roughly 40% of the entire provide) from circulation even earlier than the token enters the market. This dramatic provide discount (value almost $100 million in complete) reveals the group’s dedication to sustainable worth for early supporters.
Solaxy’s Layer 2 rollout is now in full swing, and a sequence of key milestones are deliberate for the approaching weeks. The SOLX token’s declare portal will go stay for presale consumers on June 23 – and the Solaxy mainnet is scheduled to launch on July 7, marking the official debut of Solana’s first Layer 2 resolution. This launch will embrace the total cross-chain bridge performance between Solaxy, Ethereum, and Solana.
On July 14, Solaxy will launch the much-awaited Neptoon (native DEX) platform, adopted by the Igniter Protocol no-code token launchpad only one week later.
Solaxy Might Be the Spine of Subsequent-Gen On-Chain Exercise
Solaxy’s core power lies in its skill to offer an actual resolution to Solana’s scaling wants. By leveraging Solana’s base layer safety whereas executing transactions on a brand new Layer 2, Solaxy will successfully turbocharge throughput for actions like buying and selling, NFT minting, and gaming.
The undertaking’s emergence additionally comes at a pivotal time: with DeFi protocols integrating real-world property, and on-chain asset managers quadrupling their capital this yr to over $4 billion, there’s a rising want for infrastructure that may deal with institutional-grade volumes. Solaxy can place the Solana community to seize extra of that circulate with out the hiccups seen in prior high-traffic episodes.
Business consultants have additionally famous that after Ethereum’s success with its personal Layer 2s, Solaxy’s L2 may open the floodgates for brand spanking new Solana initiatives and blockchain customers who demand each velocity and scalability.
For early believers in Solaxy, its presale gives a closing likelihood to safe a stake in what may very well be a traditionally important Layer 2 ecosystem. The SOLX token declare opens on Monday for presale consumers, after which SOLX will start buying and selling on decentralized exchanges – with extra listings to observe.
Patrons can even instantly deploy their tokens in Solaxy’s staking program to earn as much as 76% APY rewards.
Go to Solaxy Presale
This publication is sponsored. CryptoDnes doesn’t endorse and isn’t answerable for the content material, accuracy, high quality, promoting, merchandise or different supplies on this web page. Readers ought to do their very own analysis earlier than taking any motion associated to cryptocurrencies. CryptoDnes shall not be liable, immediately or not directly, for any injury or loss precipitated or alleged to be attributable to or in reference to use of or reliance on any content material, items or providers talked about.
