Solana's momentum strengthens due to a $12M DeFi investment, marking its debut on the scene as a Layer-2 solution. Meanwhile, Solaxy, a newly-emerging project, has surpassed $33.5M in its presale phase, signaling notable interest.
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Solana ($SOL) is seeing a major surge in bullish sentiment, fueled by DeFi Development Corporation ($DFDV) purchasing $11.5 million worth of SOL tokens and Solaxy ($SOLX) hitting a $33.5 million presale milestone from its debut Layer-2 chain [1][3]. This surge adds to an influx of encouraging developments for the network, reinforcing investor confidence in Solana and generating fresh bullish energy.
But the main catalyst for $SOL's growth may still be on the horizon: Solaxy's official launch. Upon going live, it's predicted to mark a turning point for the entire ecosystem by tackling Solana's persistent congestion issues. Solving these bottlenecks could make Solana much more dependable during peak activity, a crucial step in its quest to lead the smart contract platform race [3].
For the time being, early adopters can still cash in. Right now, $SOLX is priced at $0.001716, but for the next eight hours, before the next price increase triggers [4].
DeFi Development Corp. Doubles Down on Solana
DeFi Development Corp, an AI-driven real estate software firm, is putting all its chips on Solana. Its recent purchasing of 82,504 $SOL brings its overall SOL holdings to over 400,000 SOL, valued at almost $59 million. These new tokens will be staked using the company's own validator infrastructure [4].
After announcing the acquisition of a Solana validator operation for $3.5 million, paid out in $3 million worth of restricted $DFDV stock and $500,000 in cash [5], DeFi Development Corp now holds an average delegated stake of approximately 500,000 SOL, worth about $75 million - priming the company to earn validator rewards and deepen its presence in Solana's economy [2].
This move is part of a broader digital asset treasury strategy implemented by DeFi Development Corp last year, intended to accumulate promising high-return crypto assets [1]. Likewise, institutional interest in Solana is escalating: ETF applications from VanEck, 21Shares, Bitwise, and Canary Capital have been submitted to the Federal Register this February [2]. Bloomberg Intelligence currently estimates the approval odds at 90%.
Everything points to a prosperous future for Solana, but to truly scale and challenge Ethereum, network reliability is paramount. Persistent congestion has long frustrated both users and developers, impeding Solana from fully leveraging its performance edge [3].
Solaxy Emerges as the Scaling Solution Solana Urgently Needs
Consistency is crucial in any transaction-processing system. Imagine Visa or Mastercard crashing during a surge in activity: Fees could disappear, and trust could be lost.
For Solana validator operators, like DeFi Development Corp, network crashes can disrupt income streams and undermine trust in the ecosystem. Prolonged instability could drive developers and capital to other networks [6].
Solana's speed is remarkable, but its monolithic architecture makes it vulnerable during spikes in traffic. In contrast, Ethereum has embraced a modular approach, relying on Layer-2s to scale.
Testimonies show that, at peak congestion, up to 70% of Solana transactions fail [6]. That's where Solaxy steps in.
Solaxy - Solana's first authentic Layer-2 - is built to alleviate pressure by processing transactions off-chain and submitting them back for finality. It's a solution tailored for the future.
Solaxy Testnet is Already Up and Running
At its core, Solaxy utilizes rollup technology to group thousands of off-chain transactions into a single, succinct submission to the Solana mainnet. This reduces on-chain load while maintaining data integrity and finality [3]. This translates to a more flexible and trustworthy Solana that can power DeFi, meme coin trading, games, and innovative dApps without buckling under duress.
Not only is Solaxy's testnet live, but it also offers developers a playground to test and get ready for mainnet. It's like getting a sneak peek at Solana's second engine [3].
Solaxy has also launched its own block explorer, providing real-time insights into testnet activity. This level of transparency is rare for a project in the presale stage and serves as proof that the engine is already humming away [3].
These milestones show that Solaxy isn't just building – it's producing results.
Don't Miss Out on Solana's Next Multi-Million Dollar Opportunity – Invest in Solaxy
According to VanEck, Solana could be priced at $520 this year, yielding a solid 3.5x return for new investors [7]. However, those who purchased at $0.50 would have enjoyed a staggering 1,040x gain.
Source: TradingViewObviously, the early bird days have flown, so where's the next opportunity to secure Solana-style gains? It might not be Solana itself, but the infrastructure that magnifies it.
As transaction volume shifts to Solaxy, $SOLX might transform into the high-utility token driving Solana's growth. For those seeking that next 1,000x – this may be it [3][7].
Time's Ticking – Purchase Solaxy Now
To aim for a 1,000x return, timing is everything – and the lowest possible price is only available now, throughout the presale.
Visit the Solaxy website and link your wallet to join [8].Newly bought $SOLX tokens can be staked immediately [8], earning a dynamically adjusting 120% APY [8].
For the smoothest experience, Best Wallet is highly recommended – it lets you keep tabs on your $SOLX holdings even before launch, with cross-chain access across Ethereum and Solana [6].
Join the Solaxy community on Telegram and X, and learn more about the potential game-changer for the Solana ecosystem [7].
Sources:1. https://www.coindesk.com/layer-2-protocol-solaxy-dev-raises-33-5m-as-it-aims-to-scale-solana2. https://www.coindesk.com/emarkets/2025/05/05/defi-development-corp-buys-more-sol-as-it-deepens-bet-on-solana-network3. https://www.investopedia.com/news/solana-scaling-potential-and-novel-layer-2-solution-solaxy-48357984. https://twitter.com/DeFiDevelopment/status/9888878260104796165. https://twitter.com/DeFiDevelopment/status/10199078541980303376. https://www.crypto and investment forum.com/solana-congestion-solution-solaxy-d384eec8d9447. https://www.marketwatch.com/story/solanas-meteoric-rise-is-no-flash-in-the-pan-heres-why- analysts-see-more-upside-for-the-crypto-2021-09-208. https://www.phantom.app/
- DeFi Development Corporation, a tech-forward real estate firm, has significantly increased its investment in Solana by purchasing over 82,000 SOL tokens, adding to their existing holdings of 400,000 SOL, worth approximately $59 million.
- The recent acquisition of a Solana validator operation by DeFi Development Corporation, valued at $3.5 million, has further solidified their presence in the Solana economy, as they now hold an average delegated stake of approximately 500,000 SOL, worth around $75 million.
- Solaxy, Solana's first Layer-2, is expected to launch soon, aiming to alleviate Solana's persistent congestion issues and enhance the network's dependability during peak activity, a key factor in Solana's ambition to lead the smart contract platform race.
- Solaxy's testnet is currently operational, offering developers a platform to test and prepare for mainnet, and its block explorer provides real-time insights into testnet activity, demonstrating the project's progress even in the presale stage.
