Solana at a Discount? Solaxy’s Layer-2 Testnet Goes Live—$44M War Chest and 12-Day Window to Ride the Wave
Solana's price might not reflect its potential—but Solaxy's new Layer-2 testnet could flip the script. With $44 million already bankrolled and a tight 12-day entry window, the hype train is leaving the station.
The Layer-2 Play:
Solaxy’s testnet launch aims to turbocharge Solana’s throughput—because even 'Ethereum killers' need a little help sometimes. Early backers are betting big, but will retail traders miss the memo (again)?
Timing is Everything:
The countdown’s on. Miss this buy-in window, and you’ll be left watching from the sidelines—or stuck listening to 'I told you so' from that one crypto bro at happy hour.
*Funny how 'undervalued' projects always seem to need another $44M to prove it.*
From $295 to $150 – Is Solana Undervalued or Just Waiting on Solaxy?
After briefly spiking to $184 in mid-May during Bitcoin’s run toward its all-time high, $SOL has since cooled – now trading around $150, as of writing.
The broader macro environment shows signs of easing monetary policies, with central banks like the ECB implementing rate cuts and South Korea’s central bank following suit. While the BoE has held rates steady, it remains open to future adjustments.
These developments are generally bullish for crypto markets. However, recent volatility may stem from renewed trade tensions, notably the U.S. increasing tariffs on key imports, which could affect global risk sentiment.
One specific factor that may have contributed to $SOL’s recent drop from $162 to $156 was Pump.fun’s announcement of a $1 billion token sale, aimed at a $4 billion valuation.
BLOCKWORKS: https://t.co/MUkdwkDqry plans $1B token sale at $4B FDV: Sourceshttps://t.co/jmItxTJmDz
— Tree News (@TreeNewsFeed) June 3, 2025The Solana-based meme coin launchpad’s move didn’t sit well with traders, sparking a sharp pullback in several tokens launched through the platform. Fartcoin ($FARTCOIN), Moo Deng ($MOODENG), and Gotseus Maximus ($GOAT) all fell overnight by 7.4%, 7.6%, and 4.6%, respectively.
Solana’s January peak of $295 now feels distant – but with Bitcoin still holding firm around $105,000, the question lingers: Is the market underpricing $SOL?
Maybe. Or maybe it’s waiting on a major inflection point for the ecosystem: the launch of Solaxy.
As Solana’s first Layer-2, Solaxy is being framed as the upgrade that could make Solana more scalable, efficient, and future-proof – exactly what it needs to regain investor confidence.
Solaxy Supercharges Solana – And That’s Bullish for $SOL
Solana isn’t broken – it’s booming. With blazing-fast speeds and ultra-low fees, it has become the go-to chain for meme coins, NFTs, DeFi, and high-frequency trading.
But that surge in usage has brought congestion and scalability pressure – signs of a network running at full tilt.
It’s a familiar story. ethereum didn’t collapse under similar pressure – it scaled. Rollups like Arbitrum, Optimism, and Base gave Ethereum the flexibility to grow without sacrificing security or decentralization.
Solana is poised to make the same leap, not because it’s struggling, but because demand is outpacing base-layer capacity.
As Solana’s first Layer-2, Solaxy brings modular infrastructure, roll-up bundling, and off-chain enhanced processing tailored to high-frequency dApps like on-chain games, meme coin launches, and real-time DeFi apps. It’s designed to handle scale without friction.
And that matters for $SOL. Because when a Layer-1 gains the ability to scale effortlessly, activity surges – and so does demand for the base token. Arbitrum and Optimism didn’t just grow Ethereum’s ecosystem – they unlocked a new wave of utility, TVL, and price action.
Solaxy could do the same for Solana. By giving developers the tools to build faster and at scale, Solaxy turns Solana into a long-term, future-proof ecosystem – and $SOL becomes the asset powering it all.
The real question? Not if Solana is undervalued now… but for how much longer?
Solaxy Testnet Launches – Real Scaling for Solana Starts Now
The inflection point might be closer than expected, because while the broader market debates Solana’s worth, Solaxy is already demonstrating real, measurable progress.
This week, Solaxy launched its public testnet – the first operational Layer-2 environment built for the Solana ecosystem. And it’s not just a technical preview. It’s a full-featured rollout showcasing how Solana can scale without compromising its native speed or tooling.
Early users can now:
- Bridge SOL from Solana Devnet to Solaxy via bridge.solaxy.io
- Transfer assets across the rollup seamlessly
- Deploy smart contracts using Solana’s existing development stack
- Explore everything through the dedicated Solaxy Explorer
More features are already on the way. Native DEX trading and Igniter launchpad integrations are slated to go live soon, expanding Solaxy’s footprint as the first rollup-native solution tailored to Solana’s high-throughput demands.
Hey Solaxy Community it’s here.
The Solaxy Testnet is LIVE. Your first chance to interact with Solana’s first LAYER 2 and experience the speed, scale, and simplicity Solaxy brings.Connect via Backpack Wallet:https://t.co/FBrV3FohC8
You can:
– Bridge SOL (Solana… pic.twitter.com/FQY9AIwSdx
Solana May Be Undervalued – But That Won’t Last Long Once Solaxy Goes Live
The sentiment that Solana is underpriced could shift once Solaxy officially launches. And as an early backer, this is your chance to be part of what could become the defining Layer-2 ecosystem on Solana – and potentially the go-to solution for the network’s long-standing scalability issues.
And if there’s one thing that maximizes crypto returns, it’s timing.
For something as powerful – and arguably more scalable – than Solana itself, this is still a steal. Especially considering nearly $44 million has already been raised, and more than 12 billion $SOLX tokens are now staked. Investor confidence is strong – and building fast.
Once trading begins, Solaxy could follow a similar trajectory to $SOL, which delivered a staggering 1,334x return from its launch to its all-time high. Such a sentiment is echoed by popular crypto news outlet Cryptonews:
How to Join the Solaxy Presale’s Last 12 Days
Head to the Solaxy website, connect your wallet, and secure your $SOLX allocation.
All tokens purchased can be staked immediately, with staking currently offering up to 92% dynamic APY, adjusted in real time based on total pool participation.
For the smoothest experience, use Best Wallet – Solaxy’s official self-custody partner. It supports multichain assets, gives full visibility into your $SOLX holdings, and is fully optimized for upcoming ecosystem integrations.
Stay updated by joining the Solaxy community on Telegram and X.