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Home Blockchain

Solaxy Raises $9.3M – Could this Be The Next Altcoin to Explode in 2025?

by DigestWire member
January 9, 2025
in Blockchain, Crypto Market, Cryptocurrency
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This year, crypto is pulling out all the stops. Technological development is the name of the game in 2025.

Ethereum’s newest Pectra update will be released in Q1 2025, and it promises a plethora of ecosystem improvements:

  • Enhancing the network’s scalability
  • Making Layer-2 solutions more affordable
  • Offering more flexibility to network validators
  • Enhancing interoperability
  • Improving the experience for Ethereum developers
  • Introducing 20 Ethereum Improvement Proposals (EIPs) to streamline implementation

Overall, there’s much to look forward to if you’re passionate about Ethereum.

And speaking of $ETH interoperability, did you know that Solana’s first Layer-2 network, Solaxy ($SOLX), will natively bridge to Ethereum?

Let’s see what that means and why the Solaxy presale could be set for success in 2025.

Ethereum Trailblazing New Network Update – $ETH Boom?

The Pectra update will come in two phases:

  1. PectrA will contain eight EIPs and will release in Q1 2025
  2. PectrB will come out in 2026

The update’s main perk is that it allows users to find sponsors when making transactions. This should, in theory, lead to more network participation from people with lower balances.

Holders with more than 32 $ETH in their accounts will also earn staking rewards passively, which should emphasize long-term HODLing and restaking.

With Donald Trump coming into office on January 20, the crypto industry is expected to explode, with investor interest booming soon after.

Ethereum’s update should play a pivotal role in establishing the currency as a key investment vehicle for many.

And out of the fog comes Solaxy, Solana’s first-ever Layer-2 (L2), which should benefit from Ethereum’s Pectra update that enhances L2 interoperability.

Solaxy as the Most Promising Utility Presale in 2025?

Meet Solaxy ($SOLX), a pioneer Solana Layer-2 project launched on Ethereum. Here’s what you should know about it:

  • Offers off-chain transaction processing to reduce the data burden on Solana, leading to faster and streamlined operations
  • Bundles transactions together to optimize scalability, keeping throughput high and costs low
  • Finalizes transactions on Solana’s mainnet, inheriting its robust security for investor peace of mind
  • Introduces rollups, which solves Solana’s congestion issues during high activity, which leads to slow or failed transactions

$SOLX promises to be the fastest chain ever, with a zero downtime ecosystem that’s fully customizable for dApp creation.

And the kicker? Because it launched on Ethereum, Solaxy will offer native bridging between it and Solana.

This means Solana’s first-ever Layer-2 protocol will work seamlessly on the second-largest blockchain network as soon as it launches.

And given how the Pectra update focuses on scalability and interoperability (with Layer-2 protocols), you can see how this is bullish for Solaxy.

The project has raised over $9.3M in presale and offers a 374% staking APY for passionate investors who like $SOLX’s long-term potential.

Read the whitepaper and follow their X channel to remain up to date with the launch date.

Ethereum Projects the Next Best Thing This Year

2025 has just begun, and we’re very close to $ETH’s Pectra update going live, with Solaxy likely being one-to-two months away from listing.

We expect $ETH projects to leap in popularity soon after that happens, with promising altcoins following suit.

But remember that crypto is volatile, and nothing can guarantee positive price performance. Do your own research and be careful.

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