Last Updated on May 7, 2025
Key Takeaways
- Solaxy ($SOLX) presale surpasses $28.5 million, indicating strong investor confidence.
- Whale investments from Asia and Europe are driving momentum, with significant contributions from institutional players.
- Tier-1 exchange listings confirmed for mid-June, expected to boost liquidity and market exposure.
- Experts predict a post-listing rally, with price targets ranging between $0.38 and $0.45.
- PlutoChain ($PLUTO), already trading live on Uniswap, continues to demonstrate real-world traction with over 113K testnet transactions.
Introduction
Solaxy ($SOLX), the first Layer-2 solution on the Solana blockchain, is capturing significant attention in the crypto community. With its presale nearing completion and over $28.5 million raised, the project is poised for its next major milestone: listings on Tier-1 exchanges scheduled for mid-June. The influx of whale investments and growing community support suggest a strong post-listing performance.
What Is Solaxy?
Solaxy is a groundbreaking Layer-2 protocol designed to enhance the scalability and efficiency of the Solana network. By processing transactions off-chain and settling them on Solana’s mainnet, Solaxy aims to reduce congestion, lower fees, and improve overall network performance.
Key Features:
- Off-Chain Transaction Processing: Enhances speed and reduces network strain.
- Multi-Chain Compatibility: Bridges Solana and Ethereum ecosystems, leveraging the strengths of both.
- Staking Rewards: Offers attractive APYs to incentivize long-term participation.
- Robust Tokenomics: Designed to support sustainable growth and community engagement.
Whale Activity and Market Momentum
Recent reports indicate a surge in whale investments, particularly from regions like Singapore, South Korea, and Germany. These large-scale contributions have been pivotal in driving the presale’s success. The project’s transparent roadmap, combined with its innovative approach to scalability, has resonated with both retail and institutional investors.
Upcoming Tier-1 Exchange Listings
Solaxy has confirmed listings on major Tier-1 exchanges set for mid-June. These listings are anticipated to significantly enhance the token’s liquidity and accessibility, potentially driving further price appreciation. Analysts forecast a post-listing price range between $0.38 and $0.45, with bullish scenarios projecting even higher valuations based on market conditions and adoption rates.
PlutoChain ($PLUTO): A Live Benchmark
While Solaxy prepares for its exchange debut, PlutoChain ($PLUTO) is already demonstrating real-world performance. As a Bitcoin-native Layer-2 protocol, PlutoChain has achieved notable milestones:
- Live Trading on Uniswap: Ensures immediate liquidity and market participation.
- Rapid Price Rebound: Experienced a 32% price recovery within hours post-launch.
- High On-Chain Activity: Over 113,000 testnet transactions, indicating strong developer and user engagement.
- EVM Compatibility: Facilitates seamless integration with existing Ethereum-based applications.
PlutoChain’s live metrics and growing ecosystem offer a compelling case for investors seeking projects with proven traction.
Final Thoughts
Solaxy’s innovative approach to enhancing Solana’s scalability, combined with substantial presale funding and upcoming Tier-1 exchange listings, positions it as a noteworthy project in the crypto space. The active participation of whale investors underscores the market’s confidence in its potential. Meanwhile, PlutoChain’s real-time performance provides a benchmark for evaluating emerging Layer-2 solutions.
Disclaimer
This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research and consult with financial advisors before making investment decisions.
