Solana’s Layer 2 Solaxy raises $9.5M in presale, targets meme coin boom in 2025
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 11 2025Solaxy's Launch and Potential: Solaxy, the first Layer 2 blockchain on Solana, has raised $9.4 million in presale funding and aims to enhance meme coin trading by addressing scalability issues and providing faster transaction processing.
SOLX Token Outlook: The native token SOLX is positioned as a multi-chain asset that could potentially replicate the success of Solana (SOL), with analysts predicting significant growth as demand for meme coins continues to rise into 2025.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
