Solana's Value Surpasses $180 as Layer-2 Solution Solaxy Gains Traction in Presale, With Just One Day Remaining before Closing.
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⭐ Solaxy ($SOLX) has been setting records, surpassing $35.5 million during its presale and adding nearly $1 million since hitting $34.6 million on Monday. With Solana climbing past $180 and $200 within reach, Solaxy is grabbing investors' attention, promising a ticket to Solana's next level of growth.
Solaxy isn't winning over spectators just with market hype. Traditional finance giant, VanEck, has just debuted their tokenized U.S. Treasury fund, VBILL, on Solana - a powerful endorsement of Solana's financial potential.
Investors know Solana's success depends on overcoming scalability challenges. That's where Solaxy steppes in, providing the boost the base layer can't handle on its own. At the moment, $SOLX is priced at $0.001724, but the clock is ticking before the next price hike arrives, leaving just 24 hours to snatch your share.
VanEck's Tokenized U.S. Treasury Fund ($VBILL) Explodes onto Multiple Chains
Global heavyweight, VanEck, has unveiled VBILL - their tokenized U.S. Treasury fund, teaming up with Securitize on Solana, Ethereum, BNB Chain, Avalanche, and more. This multi-chain arrangement, enabled by Wormhole, allows for cross-chain interoperability, putting Solana right alongside Ethereum in one of the biggest institutional rollouts the crypto community has seen so far.
VBILL harnesses Securitize's range of services, including tokenization, fund admin, and broker-dealer infrastructure, with a focus on delivering capitals efficiency and liquidity to institutions breaking into the on-chain space.
VANECK LAUNCHES TOKENIZED U.S. TREASURY FUND $VBILL ON MULTIPLE CHAINS INCLUDING ETHEREUM, SOLANA, AVALANCHE, AND BNB CHAIN
Institutional Shift Signals Big Changes for the Future of Solana
This launch represents only the start of VanEck's institutional push; the firm is also working alongside 21Shares, Bitwise, and Canary Capital to file spot ETF applications, with Bloomberg Intelligence forecasting a 90% approval likelihood.
As traditional finance moves its emphasis to crypto assets, Solana stands to make a strong comeback, potentially hitting its January 19 all-time high of $295.40 once more.
But while the limelight settles on Solana's Layer-1, the real action is happening beneath - Solaxy is taking off, and the numbers don't lie.
Solaxy's Major Network Upgrades Set to Revolutionize Solana
Solaxy's presale is gaining momentum, as investors are realizing Solaxy holds the key to unlocking Solana's next phase of growth. Its mission is clear: eliminate congestion, instability, and scalability issues that have held Solana back from eclipsing Ethereum's position in the smart contract space.
When it launches, Solaxy is expected to significantly ramp up Solana's throughput, making the network more capable of handling high traffic from gaming, meme coins, and DeFi, without sacrificing speed.
Already, Solaxy has made progress, implementing faster node restarts for better syncing, stabilizing the test environment, optimizing rollup handling for improved transaction performance, and fixing UI bugs to improve responsiveness.
🚀 Solaxy Development Update! 🚀 In the shadows, Solaxy's team has been making breakthroughs to drive the project forward:◉ Node Performance◎ Upgraded key dependencies for speedier syncing◎ Quicker restarts and streamlined database schema changes... pic.twitter.com/vVKht1raPy
- May 9, 2025* The launchpad is nearly ready, with Solaxy's native bridge about to go live on Testnet, giving us a glimpse of how this Layer-2 will transform Solana's network in action.
The Testnet and block explorer are already accessible through the Solaxy website.
Solana has already demonstrated impressive scaling capabilities, taking the lead among all chains in DEX volume this month, recording over $3.88 billion in weekly volume and over $86.13 billion in the past 30 days - surpassing Ethereum, which only managed $53.4 billion during the same period[1].
However, Ethereum still maintains an edge over Solana due to its superior network stability. Solana is still growing, and its longest outage, a 20-hour halt in 2021, wouldn't stand up against the uninterruptible operations of traditional payment networks like Visa or Mastercard.
Solaxy is the solution Solana needs to compete on the big stage. Working like a co-processor, Solaxy absorbs excess traffic, maintaining Solana's speed and ensuring protocols don't stall when faced with periods of heightened traffic.
The demand for Solaxy's infrastructure extends directly alongside the growth of Solana, particularly on high-throughput applications like DEX trading, yield farming, and meme coin launches. If Solaxy delivers on its promise of a more scalable Solana, we can expect:
- Solana to capture more market share in the DeFi space
- Solaxy to enhance Solana's scalability
- $SOLX becomes vital to Solana's future success
Don't wait for the next big move - visit the Solaxy website and connect a compatible wallet to secure your share of $SOLX. Freshly minted tokens can be staked with an APY of up to 113% that adjusts depending on pool activity and overall participation.
For an optimized user experience, opt for Best Wallet, a versatile, self-custody wallet boasting multi-chain and multi-wallet support.
For updates and discussions, join the Solaxy community on Telegram and X.
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- The tokenized U.S. Treasury fund, VBILL, developed by VanEck, has expanded its presence across multiple blockchains, including Solana, further emphasizing the financial potential of Solana's technology.
- In the realm of DeFi, Solaxy aims to revolutionize Solana's network by addressing scalability issues, offering a ticket to Solana's next level of growth for investors who seize the opportunity before the next price hike.
