Solaxy Presale Tops $36M as Crypto Whales Dive In—Is This the Next 100X Play?

Crypto whales are circling Solaxy, pushing its presale past $36 million in a feeding frenzy that’s got retail investors wondering if they’re late to the buffet. The project’s ’too big to ignore’ momentum suggests either genius timing or another masterclass in FOMO-driven funding.

Behind the numbers: Whale wallets moved in hard this week, with single transactions clearing seven figures. That kind of firepower either signals insider confidence or a well-orchestrated pump—take your pick, given this industry’s track record.

The real test comes post-TGE when the ’100X’ chatter meets liquidity reality. Until then, enjoy the spectacle of VCs and degens alike pretending they’ve cracked the code on sustainable tokenomics.

With more than $36.2 million raised, Solaxy (SOLX) is becoming one of the most hyped presale projects in recent history. 

If momentum is maintained, it could result in an explosive debut, so it’s no surprise that whales and smaller investors rush to secure their share of the token as its launch approaches. Let’s examine Solaxy and find out what the project is all about.

Whales Step in as Investor Interest in Solaxy’s Upcoming Ecosystem Grows

Reaching $34 million raised on May 9th, the Solaxy presale jumped to $35 million just four days later, and added another million to its raised funds counter over the next 27 hours.

The presale’s rapidly-increasing momentum doesn’t appear to be a coincidence, as the team behind Solaxy shared several impressive updates over the previous few weeks.

From the testnet preview of the upcoming ecosystem’s block explorer to the announcement of a bridge testnet, Solaxy’s developers are constantly showcasing their work as the launch of their token and LAYER 2 blockchain nears.

The transparency of Solaxy’s developers is helping attract an increasing number of investors, and whales seem to have taken notice of the presale, with two wallets investing nearly $600,000 into the presale this week alone.

On May 9th, a whale swapped nearly $200,000 worth of USDC for over 115.8 million SOLX, while another whale invested 150.55 ETH, worth over $392,900 at the time, on May 14th.

We’re picking up speed! 🛸

36M Raised! 🔥 pic.twitter.com/H68BVdkcVf

With SOLX’s developers scheduled to release a testnet version of the integrated developer environment (IDE) and a knowledge site over the next few weeks, the Solaxy presale momentum could start ramping up even faster as investors rush to secure their share of the token at a discount.

Experts See a 100X Growth Potential for SOLX

The most important component in Solaxy’s upcoming ecosystem is its Layer 2 blockchain, which will leverage rollups to reduce the strain on Solana’s mainnet, as increased activity threatens to expose it to congestion-related issues.

Once launched, the Layer 2 won’t just speed up transactions, potentially resulting in lower gas fees, but also help prevent transactions from failing during high-traffic hours.

To do this, Solaxy will process transactions off-chain and bundle them into optimized batches for on-chain validation, enhancing Solana’s scalability. 

Plus, with the potential inclusion of a token launchpad and cross-chain swaps between solana and Ethereum, Solaxy’s ecosystem will help token developers deploy their projects with ease while combining Solana’s impressive speeds with Ethereum’s ecosystem.

Presale experts from 99Bitcoins reminded their followers that the per-token price of Solaxy will only rise as the presale goes on, encouraging them to enter the presale while the entry point is low.

With Solana (SOL) at $170 and the Solana meme coin ecosystem thriving with a collective market cap of more than $13.8 billion, the experts believe the market conditions for Solaxy’s release are near-perfect, expecting a 100x surge post-launch if it maintains its momentum.

Here’s How to Join the Presale

The Solaxy presale features a dynamic pricing model and dynamic staking rewards, meaning early backers stand to achieve the best returns if Solaxy moves upward post-launch.

Currently, investors can stake their SOLX to earn 112% annual returns, allowing them to more than double their token holdings long-term. However, the returns will decrease as more tokens are staked, with over 10.2 billion SOLX locked in the staking pool already.

Staked tokens will be available 7 days after the Token Generation Event (TGE), which, combined with the allocation of 10% of the total SOLX supply to liquidity, fosters a safer trading environment on launch.

With its per-token price currently at $0.001724, investors can acquire SOLX via the presale website below its issue price of $0.00179, according to the project’s whitepaper.

Alternatively, investors can join the presale via Best Wallet’s in-app “Upcoming Tokens” hub, which features Solaxy and makes it easily accessible to its 250,000+ monthly users.

Previously, Best Wallet featured a similar project, pepe unchained (PEPU), which launched a Layer 2 solution for Ethereum and surged by over 700% just 48 hours after it hit the market.

Bolstered by increasing whale activity and early adoption rates, SOLX’s position at the forefront of the Solaxy ecosystem could help it outperform other Solana meme tokens on launch, making this an ideal time to invest.