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    Home»Metaverse»Solana falls after Libra collapses, but Solaxy raises $22 million in pre-sales
    Metaverse

    Solana falls after Libra collapses, but Solaxy raises $22 million in pre-sales

    Comic VibeBy Comic VibeFebruary 19, 2025No Comments4 Mins Read
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    Although Solana Solaxy ($SOLX) Pre-sales exceeded $22 million.

    As Solana’s ever-seen Tier 2 protocol, Solaxy sees huge demand in pre-sales and shows no signs of slowing down.

    Last week alone, the project raised more than $2 million, with about $350,000 inflows per day.

    Many investors are eager to watch Solaxy because it can help Solana overcome its scalability issues and can even trigger the next Sol Price Rebound.

    Only limited time left Buy Solx for $0.00164which will soon be added in the upcoming preliminaries.

    How Libra’s Meme Coin Crash Drag Solana down

    In a short period earlier this year, Solana soared from about $175 to its all-time high of $294.

    The surge was driven primarily by the launch of $trump and $Melania Meme coins. But Libra’s recent collapse has damaged market confidence in Solana-based meme coins.

    Shortly after Libra’s release, Libra’s market value soared to nearly $4.5 billion, allegedly released by Argentina’s president Javier Milei on X.

    soon, DEXSCREENER data display How Libra loses over 90% of its value.

    How Libra's Meme Coin Crash Drag Solana down

    That’s why some community members, including Pump.Fun founder Alon, called for improved user protection and more stringent screening of new meme tokens on Solana.

    I’m disgusted with the events that have happened in the past few days $Libra. The people behind this project have achieved huge personal gains at the expense of many users, ecosystems and even the entire country.

    I hope the person in charge gets everything I deserve.

    I am…

    – Aaron (@a1lon9) February 17, 2025

    The hype of Solana meme disappeared after Trump’s token dropped last month. A Libra crash could worsen the situation as it has caused a 13% drop in Solana over the past week.

    Although Sol’s recent sentiment seems unstable, it is worth noting that capital is still flowing in Solvent. Many investors are optimistic about the project because it solves the practical problems and solves Solana’s scalability problem.

    Does Solaxy need a game-changing Solana?

    If the network can leverage new growth catalysts, many Solana supporters will see a chance of rebound. With the potential Solana-based ETF coming, analysts are placing $400 as a possible next target, SOL may need a big project to restart its bullish narrative.

    Solaxy is Solana’s first tier 2 solution and is currently in pre-sale status.

    The development team is transparent about progress and shares regular updates on how the summary can speed up transactions and reduce congestion.

    Does Solaxy need a game-changing Solana?

    https://x.com/solaxytoken/status/1890159110785544394

    By combining Layer 2 technology with cross-chain bridges, Solaxy’s purpose is to make Solana more versatile, especially for developers who want seamless interaction between Solana, Ethereum and other networks.

    Recently, Solaxy revealed that it is working with Sovereign Labs and Hyperlane to improve its performance and security.

    The internal benchmarks on the Solana mainnet look promising, suggesting that the final product may reduce transaction fees and open doors for more complex decentralized applications.

    When these features are fully launched, Solaxy could be the breakthrough project that helped Solana truly become an “Ethereum killer.”

    How to sell out before Solx tokens pre-sale

    At the heart of this project is the Solx token. This is the network’s trading token, which also provides holders with exclusive governance and storage advantages.

    Solaxy plans to list SOLX in Q2/Q3 2025. The biggest reward will come from grabbing the token when it is caught before the list.

    Many investors are already similar to Solana’s 2021 run, when Sol soared from $0.5 to an all-time high of $294 in a few years.

    Popular crypto analyst Claybro recently highlighted how Solx tokens are the next cryptocurrency to explode in the next bull run.

    https://www.youtube.com/watch?v=cuc3ohrcd2k

    He mentioned how the pre-sale of tokens reaches new milestones despite the continued uncertainty of the market.

    The windows that buy Solx for $0.00164 are about to close quickly as they are about to enter the next round.

    Buyers can visit Solaxy token Presale’s official website And connect a compatible crypto wallet (like the best wallet) to buy the token.

    You can also store Solx tokens up to 180% APY.

    Visit Solaxy Presale

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