Solaxy Presale Raises Over $51M with $500K in Whale Investments

Solaxy ($SOLX) is approaching the end of its presale, having raised over $51 million with significant investments from whale investors in the last 24 hours, including transactions of $113K, $59K, and $58K.

Key Highlights

Solaxy aims to enhance Solana's efficiency through the first Layer 2 solution on the network.
The project will offload transactions to a sidechain, reducing congestion on Solana's mainnet.
It plans to lower transaction costs by bundling them into optimized batches while maintaining security via roll-up technology.
Solaxy has partnered with Hyperlane to facilitate easier token transfers between Solana and Ethereum.
The presale started in December 2024, with current pricing at $0.00176, reflecting a 76% increase since launch.
Predictions suggest that $SOLX could reach $0.20 by 2030, indicating potential returns of 11,200% from current prices.

Investors are urged to conduct their own research due to the inherent risks in cryptocurrency investments.