Cryptocurrency Market Drama: Dogwifhat, Pepe, and Pi Network See Price Surges and Crashes; Prominent Investor Favors This Unheralded Crypto as the Top Buy Now
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After Pepe, Dogwifhat, and Pi Network's impressive crypto gains last week, Solaxy (SOLX) is quickly becoming the next big player to watch, thanks to rising whale activity and bold 10x predictions.
Crypto Bubbles data reveals that WIF led the gainers, soaring over 72% in a week. PEPE came in second with a 50% surge, while PI took third place with a 40% boost. But as investors search for the next crypto gem, many are moving their profits to projects with more utility than the top-performing meme coins.
One of the standout contenders right now is Solaxy (SOLX), a Solana-based layer-2 solution that has raised over $36 million during its presale, making it one of the most successful projects of the year.
Scaling Solana, the Lightning Fast Blockchain
With such momentum, big-time investors are jumping on the bandwagon. The most recent purchase? A $400k investment in the last few days.
Solaxy aims to address Solana's increasing congestion and boost the blockchain's overall efficiency, all while keeping transaction fees incredibly low. It plans to introduce the first scaling solution for the SOL ecosystem, employing rollups to process and batch transactions off the Solana mainnet before submitting them for final validation. This method mirrors the one used by Arbitrum and Optimism in the Ethereum ecosystem, providing a more efficient alternative to the traditional one-by-one approach.
Solaxy will also link Solana with Ethereum through bridging technology, providing developers with a scalable, secure platform that could be the foundation for the next groundbreaking crypto innovation. The team has already delivered on their promises, launching the project's testnet and associated block explorer. They're consistently optimizing these products for performance, aiming to hit their ambitious goal of 10,000 transactions per second for the Solaxy chain.
YouTube channel 99Bitcoins, with over 725K subscribers, is optimistic about Solaxy, predicting a massive 10x surge for SOLX once it launches.
Current Status of Solaxy (SOLX)
Solaxy ($SOLX) is a Layer-2 scaling solution for the Solana blockchain, designed to improve scalability and reduce transaction costs. As of May 2025, the Solaxy presale has been phenomenally successful, raising over $36 million and reportedly exceeding $36.1 million [2][3]. The presale is nearing its end, with plans for listing on major exchanges like MEXC Global, BitMart, and Raydium from June 12–18, 2025 [4].
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- Given the ongoing hype surrounding the crypto market, investors might find Solaxy's potential for addressing Solana's congestion and boosting its efficiency an attractive opportunity for investing in the technology sector.
- As Solaxy's presale success continues and it approaches its listing on major exchanges, the prospect of a 10x surge in its value is increasing the anticipation among tech-savvy financiers, adding to the buzz on our Telegram channel for the latest crypto news.
