Last Updated on April 29, 2025
📌 Quick Summary:
- Solaxy presale hits $33 million, marking a milestone for Solana-based Layer-2 innovation.
- Token momentum builds ahead of planned exchange listing.
- Solaxy aims to enhance Solana’s scalability through zk-Rollup infrastructure.
- Ecosystem buzz grows around Layer-2 projects in Solana’s orbit.
- PlutoChain ($PLUTO) continues to demonstrate Layer-2 leadership — but on Bitcoin.
Solaxy Presale Gains Traction With $33M Raised
Solaxy, a fast-rising Layer-2 protocol designed to scale the Solana network, has captured investor attention by raising over $33 million in presale commitments as of April 29, 2025. With over 72,000 contributors and counting, the project has officially become one of the most funded Layer-2 launches in Solana’s history.
Built using a zk-Rollup architecture, Solaxy intends to bring faster settlement speeds and modular smart contract layers to decentralized applications that rely on Solana’s execution engine. The team promises a 10x throughput boost for developers building DeFi, gaming, and real-world asset protocols on-chain.
The presale is currently in its fifth stage, with early allocations already showing 60% paper returns on OTC platforms ahead of public listing.
“Solaxy could be to Solana what Arbitrum was to Ethereum,” said Nina Leclerc, a Layer-2 analyst at ChainVerse Labs.
Solana’s Layer-2 Moment Has Arrived
For years, Solana prided itself on monolithic chain performance. But recent network congestion events and rising demand for vertical scaling solutions have opened the door to Layer-2 strategies — particularly those that maintain Solana’s low-latency advantage without compromising decentralization.
Solaxy is among the first projects to fully embrace that approach.
Key Highlights of the Solaxy Protocol:
- zk-Rollup compatibility with Solana’s SVM
- Designed for high-throughput NFT, gaming, and DeFi protocols
- Custom account abstraction layer for enhanced UX
- Gas subsidies for early adopters in Q3 2025
- Planned integration with Solana Mobile Stack (SMS)
Developer documentation and testnet tools are already live, and the team plans to move into closed mainnet trials with early ecosystem partners in May.
Tokenomics and Launch Timeline
The $SOLX token will power Solaxy’s fee model, validator incentives, and governance mechanisms.
- Token supply: 1.5 billion
- Initial exchange listing: Scheduled for June 2025
- Presale allocation: 28% of total supply
- Vesting: Tiered lockups for early participants
The roadmap also includes native bridge tooling to support asset flows between Solaxy, Solana, and EVM chains like Arbitrum and Base.
Innovation on Bitcoin: PlutoChain Charts Its Own Layer-2 Path
As Solaxy builds out scaling layers for Solana, PlutoChain ($PLUTO) continues to push boundaries on Bitcoin — offering Layer-2 functionality on the world’s most secure blockchain.
While Ethereum and Solana race to scale via Rollups and sidechains, PlutoChain brings a completely different approach by leveraging Bitcoin’s base-layer trust and extending it through smart contract compatibility.
Unlike projects still in the presale stage, PlutoChain is:
- Live and trading on Uniswap, with established liquidity
- Built on the Celestia and OP Stack, ensuring decentralization and modular expansion
- Backed by a 32% rebound following its post-launch pullback
- Supported by over 113,000 testnet transactions — reflecting real user and developer engagement
- Designed for EVM developers to seamlessly migrate applications into the Bitcoin ecosystem
PlutoChain has already proven it can operate at scale while delivering 2-second finality, DeFi access, and secure bridging — all while being natively compatible with BTC.
The protocol is not just a Layer-2 — it’s a redefinition of what’s possible when Bitcoin meets programmability.
Final Thoughts
The Solaxy presale’s $33 million milestone reinforces a critical truth: Layer-2 is no longer an Ethereum-only story. As the scalability narrative spreads across major L1s, Solana’s entrance into the Layer-2 race is being led by projects like Solaxy — with community excitement building ahead of the token’s public launch.
But while Solaxy prepares to go live, PlutoChain is already operating on-chain — not just scaling Bitcoin, but expanding its role in the future of decentralized applications.
From Solana to Bitcoin, Layer-2s are evolving — and so are the ecosystems that support them.
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.
