{"id":4628,"date":"2025-05-07T18:13:08","date_gmt":"2025-05-07T18:13:08","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/companies-left-and-right-are-buying-solana-promising-a-rally-will-the-solaxy-presale-explode\/"},"modified":"2025-05-07T18:13:08","modified_gmt":"2025-05-07T18:13:08","slug":"companies-left-and-right-are-buying-solana-promising-a-rally-will-the-solaxy-presale-explode","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/companies-left-and-right-are-buying-solana-promising-a-rally-will-the-solaxy-presale-explode\/","title":{"rendered":"Companies Left and Right Are Buying Solana, Promising a Rally. Will the Solaxy Presale Explode?"},"content":{"rendered":"

SOL Strategies, a Canadian investment company focused on the Solana ecosystem, just bought 122,524 $SOL at an average price of $148.96.<\/p>\n

This brings the total purchase value to $18.25M. It’s worth noting that this acquisition is part of the company’s $500M convertible note facility with ATW Partners.<\/p>\n

An institutional purchase like this also aligns with SOL Strategies\u2019 wider plans to expand its validator business.<\/p>\n

A validator, in case you didn’t know, is a blockchain participant that verifies and adds new transactions on the blockchain. The more assets a participant \u2018stakes,\u2019 the more chances that it \u2018validates\u2019 the next block.<\/p>\n

In this article, we’ll quickly unpack Solana’s positive future outlook and also suggest why the Solaxy presale<\/strong> is among the best cryptos to buy now, seeing as it won’t just benefit from a $SOL boom but also fuel one.<\/p>\n

Institutions Keen on Buying $SOL<\/h2>\n

SOL Strategies seems to be following in the footsteps of MicroStrategy (now, Strategy), which has acquired more than 528,000 $BTC over the last few years.<\/p>\n

Similarly, DeFi Development Corp. (JNVR) has submitted an SEC application to raise $1B through a fresh security issue.<\/p>\n

It plans to use the funds (or a part of them) to purchase $SOL. Note that it already holds $48.2M worth of the asset.<\/p>\n

As a result of its fresh $SOL purchase, SOL Strategies’ shares have jumped over 90% in the last two weeks. It’s currently trading at around CA$2.6.<\/p>\n

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These purchases directly strengthen our three-pillar strategy of enterprise grade validators, strategic SOL holdings, and Solana technology innovation. \u2013 SOL Strategies CEO Leah Wald<\/a>.<\/p>\n<\/blockquote>\n

It’s worth noting that Solana has also been showing great technical strength of late. After dipping past $100 during the tariff sell-off, the token has risen around 50% and is now trading at $147.<\/p>\n

The bounce has also occurred from the 200 EMA (exponential moving average), which is a strong bullish indicator.<\/p>\n

\"Solana<\/p>\n

Although far from its all-time high of $295, large institutional buying is a solid vote of confidence in the long-term viability of the project.<\/p>\n

If you believe in Solana’s future and want to ride its growth, there could hardly be an altcoin better than Solaxy. After all, it’s the first-ever Solana L2 that overcomes all the shortcomings of Solana L1.<\/p>\n

What Is Solaxy ($SOLX)?<\/h2>\n

Solaxy ($SOLX)<\/b>\u00a0is a new cryptocurrency that plans to solve all of Solana’s troubles.<\/p>\n

As mentioned earlier, despite the fact that Solana’s popularity is consistently increasing, the blockchain network wouldn’t be able to reach its full potential ($300 and beyond) until it fixes its congestion and scalability issues.<\/p>\n

These problems came into existence when hyper-successful coins like $TRUMP and $MELANIA, as well as the meme coin launchpad Pump.fun, brought in a flurry of new investors to Solana.<\/p>\n

This clogged the network, which started experiencing performance bottlenecks during heavy traffic.<\/p>\n

Solaxy will build the first-ever Layer 2 solution on Solana. Essentially, Solaxy’s answer to Solana’s troubles is offloading some transactions from the network’s mainnet onto a sidechain.<\/p>\n

\"Solaxy<\/p>\n

That’s not all, though, because as part of Solaxy’s cutting-edge roll-up technology, it will also bundle multiple transactions into single, optimized batches. These will then be sent for on-chain validation.<\/p>\n

Overall, Solaxy will reduce the congestion on Solana and increase its affordability without sacrificing the network’s security.<\/p>\n

The Solaxy Presale Has Raised Over $33.5M in Early Investor Funding<\/h2>\n

$SOLX<\/b> dominates our list of the best crypto presales on the market right now thanks to class-leading investor interest in the project.<\/p>\n

Even better, Solaxy is looking all set to return the investors’ confidence in kind. As per our $SOLX price prediction, the token could explode nearly 12,000% and reach a high of $0.20 by the end of 2030.<\/p>\n

It’s worth noting that Solaxy’s unprecedented future potential is also because it’s more than just a medicine for Solana.<\/p>\n

$SOLX, a multi-chain token, can also be used for high-frequency dApps. These include:<\/p>\n