Solana’s Pump.fun Surpasses $3.3B In Trading Volume As First Layer-2 Solaxy Soars Past $16.3M In Presale

Solaxy
($SOLX),
the
first
Solana
Layer-2-based
solution,
has
raised
over
$16.3
million
in
its
presale,
highlighting
strong
investor
demand

This
achievement
comes
amid
a
surge
in
activity
on
Solana’s
meme
coin
launchpad,
Pump.fun,
which
recorded
a
staggering
$3.3
billion
weekly
trading
volume. 

Much
of
this
surge
was
driven
by
a
wave
of
Trump-themed
meme
coins
following
the
surprise
launches
from
the
new
U.S.
president,
which
led
to
network
congestion
on
the
Solana
blockchain.

Investors
are
increasingly
turning
to
Solaxy
as
a
promising
solution
to
these
ongoing
issues.
By
processing
transactions
off
the
main
Layer-1
chain,
Solaxy
aims
to
alleviate
congestion,
lower
transaction
fees,
and
expedite
processing
times
–
critical
improvements
for
the
network’s
scalability.

The
Solana
community
has
welcomed
this
solution,
fueling
the
rapid
acquisition
of
$SOLX
tokens
since
the
presale’s
launch
just
over
a
month
ago.
Currently,
the
price
per

$SOLX
token
is
$0.00162,
but
this
will
increase
in
the
next
41
hours
as
the
presale
moves
on
to
the
next
stage
of
funding.

Solana
Challenges
Persist

Pump.fun’s
weekly
trading
volume
spiked
due
to
a
surge
of
Trump-inspired
token
launches.
Reports
indicate
between
6,800
new
cryptocurrencies
featuring
“Trump”-related
names
around
the
launch
of
Trump’s
official
token.

Those
behind
these
tokens
largely
had
malicious
intent,
aiming
to
capitalize
on
the
momentum
generated
by
Official
Trump
($TRUMP)
and
Official
Melania
($MELANIA),
while
deceiving
investors
into
thinking
they
were
purchasing
the
actual
meme
coins
associated
with
President
Trump.

Indeed,
the
crypto
versions
of
the
POTUS
and
First
Lady
drove
significant
activity
across
Solana,
which
enabled
validators
to
collect
$25
million
in
transaction
fees.

However,
the
intense
trading
led
to
network
congestion,
slowing
down
the
chain
that
is
typically
known
for
its
fast
transaction
speeds
and
lower
costs.
This
congestion
likely
contributed
to
many
of
the
fees
from
users
trying
to
expedite
their
transactions.

This
issue
could
have
been
avoided
if
transactions
weren’t
all
handled
on
the
main
chain,
which
is
precisely
the
problem
Solaxy
aims
to
solve.
By
processing
transactions
off
the
main
Layer-1
chain,

Solaxy
ensures
that
Solana
is
better
equipped
to
handle
such
spikes
in
activity
in
the
future.

Solaxy
Can
Fix
Issues
That
Have
Limited
Solana
Growth
Potential

While
Solana
has
been
the
preferred
choice
for
launching
meme
coins
due
to
its
faster
speeds
and
low
costs,
making
it
ideal
for
trading,
network
congestion
issues
have
prevented
it
from
being
fully
embraced
as
a
replacement
for
Ethereum
($ETH). 

This
is
why,
in
the
realm
of
DeFi,
Ethereum
remains
dominant,
with
its
total
value
locked
(TVL)
outpacing
Solana’s
by
a
factor
of
six.

As
some
traders
predict,

Solaxy
presents
the
only
solution
that
could
help

Solana
reach
$400
by
February
by
addressing
a
fundamental
issue
hindering
the
chain’s
growth.

As
Solana’s
first
Layer-2
solution,
Solaxy
alleviates
congestion
by
processing
transactions
off
the
main
chain,
reducing
the
frequency
of
failed
transactions,
and
improving
overall
network
reliability.

Additionally,
Solaxy
is
designed
to
process
transactions
more
quickly
and
efficiently,
easing
the
load
on
Solana
and
doing
so
more
efficiently.
This
is
why
it
has
been
dubbed
the
“DeepSeek
of
blockchain.”

Exploring
The
Potential
Of
$SOLX
Token

The
$SOLX
token
has
the
potential
for
astronomical
growth,
and
many
investors
view
it
as
an
opportunity
to
gain
exposure
to
what
they
call
the
next
Solana.

When
$SOL
traded
at
$0.50
five
years
ago
and
now
sits
at
$228,
that’s
a
45,500%
return.
A
$1,000
investment
back
then
would
have
turned
into
$456,000
today.

Of
course,
realizing
such
returns
hinges
on
getting
in
at
a
low
price,
and
that’s
the
chance
that
the
$SOLX
presale
offers
–
an
opportunity
to
invest
early,
particularly
for
those
who
missed
the
opportunity
to
invest
in
Solana
at
its
inception.

Passing
up
the
chance
to
invest
in
the
only
solution
currently
capable
of
positioning
Solana
as
a
bona
fide
Ethereum
killer
would
be
akin
to
missing
out
all
over
again.

$16
Million
Funding
Milestone
Achieved
–
Here’s
How
To
Join
The
Next 
Stage

To
participate
in
Solaxy’s
presale
and
secure
$SOLX
tokens,
visit
the

Solaxy
website
and
connect
your
wallet,
such
as

Best
Wallet.

With
its
multichain
compatibility,
Best
Wallet
is
an
ideal
choice
for
$SOLX,
as
the
token
is
available
on
both
Ethereum
and
Solana
networks.

For
Best
Wallet
users,
purchasing
$SOLX
is
seamless
and
can
be
done
directly
within
the
app.

Join
the
conversation
on
Solaxy’s
community
channels
on

X
and

Telegram.

Visit
Solaxy’s
website
for
more
information.