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Showing posts with the label network congestion

First SOL Layer 2 ICO Surpasses $17 Million – Is SOLX the Next 10x Solana Coin?

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Solaxy (SOLX), the first Layer 2 solution on Solana, has reached another milestone by raising $17.5 million in its fast-growing presale. Investor interest has surged as Solana’s meme coin ecosystem, especially Pump.fun, experiences rapid growth. The platform recently saw $3.3 billion in weekly trading volume, driven by Trump-themed meme coin launches. These surprise token releases, tied to the new U.S. president, caused heavy network congestion on Solana. Many investors now see Solaxy as a scalable alternative that can reduce congestion, lower fees, and speed up transactions. With the Solana community backing Solaxy as a much-needed solution, demand for $SOLX tokens has soared since the presale began just over a month ago. Solaxy presale surpasses $17 million – Early investors eye 10x gains People have been talking non-stop about Solaxy since its presale began. It started as a few tweets on Twitter but quickly became one of early 2025’s most popular blockchain p...

Solaxy (SOLX) Presale Closes On $6 Million In Just 12 Days

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Solaxy (SOLX) , the first Layer-2 solution on Solana focused on meme coins, has raised $5.7 million in just 12 days since launching its presale The speed at which Solaxy has raised funds underscores its strong market appeal. It also highlights the growing enthusiasm for innovative blockchain solutions that address real-world challenges. SOLX Presale Raised $1 Million In First 3 Days Within just three days of launching its presale, the project raised $1 million.  Four days later, it crossed the $4 million mark, and now it stands at an impressive $5 million in funds raised.  This rapid success reflects the community’s belief in Solaxy’s potential to revolutionize blockchain technology. The presale offers SOLX tokens at a current price of $0.00158 per token, with prices set to increase gradually every few days until early 2025 when the presale concludes.  "2024: the year of meme coins 🐶 🚀 With ...