Last Updated on May 3, 2025
Key Takeaways
- Solaxy ($SOLX) presale surpasses $34.2M, marking one of the largest Layer-2 fundraising rounds of 2025.
- Developer activity surges 38%, with new dApp integrations announced across DeFi and NFTs.
- Solana-compatible environment fuels onboarding of EVM and SVM projects alike.
- Investors anticipate major CEX listings post-mainnet, with projected 3–5x returns.
- PlutoChain delivers a compelling alternative with active Uniswap trading and BTCFi focus.
Solaxy Presale Reaches $34.2M Milestone Amid Rising Developer Adoption
The Solaxy ($SOLX) presale continues to capture market attention as it officially crosses the $34.2 million mark this week. As the race for next-gen Layer-2 infrastructure accelerates, Solaxy is drawing comparisons to early-stage Polygon and Base due to its high compatibility, fast settlement, and growing builder base.
What distinguishes Solaxy is its dual-layer architecture, supporting both Solana Virtual Machine (SVM) and EVM standards—making it one of the few chains targeting interoperability between major development ecosystems.
Developer Momentum Accelerates Solaxy’s Ecosystem Growth
Solaxy’s testnet has seen a 38% increase in smart contract deployments month-over-month, driven by several new integrations, including:
- A cross-chain NFT marketplace powered by MetaPhase
- A stablecoin yield aggregator for Solana tokens
- Decentralized identity middleware compatible with both Solana and Ethereum
The project’s dev tools and gasless transaction SDKs are being praised by early adopters, many of whom are now transitioning entire protocols to the SOLX Layer-2.
Market Expectations for Post-Presale Performance
With more than $34M raised, investors are expecting a top-tier CEX listing strategy, likely including MEXC, Bitget, and eventually Binance Launchpad. Speculation on Discord forums and X/Twitter suggests Solaxy is targeting:
- A launch price near $0.12
- An initial FDV of under $300M
- Incentivized staking and liquidity pools in week one post-launch
Analysts from Layer2Radar believe Solaxy has the potential to 3x–5x in its first quarter, depending on mainnet timing and liquidity inflows.
Solaxy’s Design and Key Strengths
At the heart of Solaxy’s value proposition is a modular Layer-2 framework that enables:
- Cross-chain bridging between Solana, Ethereum, and Aptos
- SVM and EVM smart contracts operating on the same validator network
- Low latency execution (<1 second block time)
- Fee optimization via rollup-based compression
The platform is being positioned as a builder-friendly hub for DeFi, GameFi, and NFT protocols looking to scale without leaving their native environments.
PlutoChain: Already Proving Layer-2 Execution on Bitcoin
Solaxy may be surging in presale, but PlutoChain ($PLUTO) is already active, traded, and scaling in real time. Built on Bitcoin’s base layer via the OP Stack and Celestia, PlutoChain offers developers:
- EVM compatibility without moving away from BTC security
- 2-second block times and extremely low fees
- Live Uniswap trading, offering market-verified token utility
- A 120% post-listing rally, followed by a healthy 32% rebound
- Over 113,000 testnet transactions, with growing developer adoption
PlutoChain is becoming a standout in the BTCFi category—bridging Bitcoin to smart contracts, DeFi, and NFTs in a way no other live Layer-2 has achieved to date.
Disclaimer:
The information is for educational purposes only and should not be considered as investment advice. Cryptocurrency trading carries significant risks, and readers should do their own research and consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results, and all investments can lose value.
