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Trump’s announcement of a U.S. crypto reserve boosted the market, driving Solana higher. Meanwhile, demand for Solaxy, a Solana Layer-2 project, surged past $25 million in presale funds.
The cryptocurrency space is buzzing with discussions about the recently announced Strategic Crypto Reserve.
This development has sent shockwaves through the market, with Bitcoin, XRP, Solana, and Cardano being prominently mentioned. As a result, crypto investors are bracing for another shift influenced by former U.S. President Donald Trump.
A key point of discussion is why the reserve would hold various cryptocurrencies instead of focusing solely on Bitcoin. Bitcoin maximalists argue that it remains the dominant asset in the industry.
However, the broader market continues to expand, creating immense opportunities for growth in alternative cryptocurrencies. While Bitcoin is expected to grow, so too will other well-established digital assets.
Solana, for example, has seen its market capitalization surge from $1 billion to $100 billion, generating $99 billion in new wealth—an undeniable indicator of its impact on the financial ecosystem.
The Strategic Crypto Reserve announcement has put Solana in the spotlight. This recognition suggests that the token may experience sustained growth, especially as institutional and governmental interest in digital assets rises.
While Solana currently lacks Layer-2 solutions—unlike Ethereum—this is about to change with the emergence of Solaxy (SOLX), which is set to become the first-ever Layer-2 blockchain built on Solana.
Trader Says Solaxy Could Lead Layer-2 Blockchains with Solana Added to Crypto Reserve
Solaxy is tapping into the growing optimism in the crypto market. Still in its presale phase, this Solana Layer-2 solution has experienced rising demand since Trump’s announcement, pushing its fundraising total beyond $25 million.
The timing favors Solaxy. As the first scaling solution for Solana’s increasingly congested network, it stands to benefit from Trump’s mention. With SOL included in the planned reserve, investors are heavily backing projects tied to the Solana ecosystem, including Solaxy.
Those seeking exposure can purchase $SOLX, Solaxy’s native token, for $0.001654 during the presale. While most presales set fixed end dates or hard caps, Solaxy’s team has opted for a more flexible strategy, planning to list $SOLX on a decentralized exchange once fundraising concludes.
Purchases can be made using ETH, SOL, USDT, BNB, or credit/debit cards. Additionally, the Best Wallet mobile app provides a convenient option for buying $SOLX, ensuring easy access for smartphone users.
To support growth after the presale, Solaxy’s team has allocated 10% of the supply for exchange liquidity and 15% for ongoing marketing efforts.
Crypto influencers have also started paying attention. ClayBro, with 136,000 YouTube followers, stated that Solaxy could “lead” the Layer-2 blockchain space. He also highlighted the project’s audit by Coinsult, further boosting its appeal.
Although the official launch is still weeks away, hype continues building, as seen through increased activity on X (formerly Twitter) and Telegram.
Solaxy’s Layer-2 Solution Aims to Solve Solana’s Congestion While Bridging to Ethereum
Solaxy introduces itself as the first dedicated Layer-2 solution for Solana, aiming to tackle key infrastructure challenges while embracing a meme-style theme.
By bundling transactions off the main Solana chain and settling them in batches, Solaxy helps reduce congestion, especially during high-traffic periods—an issue that has disrupted Solana during meme coin trading surges.
Cross-chain functionality plays a major role in Solaxy’s design. The team is developing a bridge between Solana and Ethereum, merging Solana’s speed with Ethereum’s well-established DeFi ecosystem.
For developers, this integration offers greater flexibility to create scalable dApps without being restricted by a single blockchain’s limitations. The $SOLX token will drive the entire Solaxy ecosystem, serving as the currency for gas fees, governance voting, and staking rewards.
Staking rewards are already available, offering an estimated annual return of 164%. Early investors have locked up over 7 billion $SOLX, with rewards set to be distributed over three years following the presale.
This blend of Layer-2 scalability, cross-chain compatibility, and staking incentives has fueled strong early interest in Solaxy’s presale. With a potential connection to a government-backed blockchain, market experts say Solaxy have a compelling narrative that few, if any, presale projects can match.
Solaxy’s Growth Fueled by U.S. Strategic Reserve
The crypto market has experienced significant volatility in recent months, with substantial price swings occurring even within the last 48 hours, and Solana’s price chart reflects these fluctuations.
However, despite this short-term volatility, the long-term outlook for Solana and its ecosystem remains strong. The recent announcement of the Strategic Reserve has reshaped market sentiment, reinforcing confidence in Solana, Bitcoin, Ethereum, and other top cryptocurrencies, suggesting an upward trend in the long run.
This reserve could be a key catalyst for broader adoption, increasing institutional confidence. As Solana continues to expand, particularly with the introduction of its first Layer-2 blockchain, Solaxy, investors have a unique opportunity to position themselves for the next wave of growth.
Historical data from Layer-2 projects like Loopring, which saw its price surge from $0.10 to $1.40 and from $0.02 to $3 during bull runs, highlights the immense potential for similar projects in the current market cycle.
While speculation remains a core component of the crypto market, these historical trends suggest that explosive gains could be on the horizon for both Solana and Solaxy as the market continues to evolve.
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