The post Solaxy Layer-2 ICO Hits $25M Milestone – Best Meme Coin to Invest in Now? appeared on BitcoinEthereumNews.com.

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,…

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Filed under: News - @ March 6, 2025 11:28 pm