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Solaxy ($SOLX)<\/span><\/a> is a new cryptocurrency project building the first-ever Solana layer 2 blockchain.\u00a0<\/span><\/p>\n This week, developments in the Solana ecosystem indicate that on-chain activity is about to skyrocket \u2013 but Solana simply doesn\u2019t have the computational resources to handle all that demand.<\/span><\/p>\n Congestion has been an issue on Solana since almost day one, resulting in delays, failed transactions, and sometimes even network downtime.<\/span><\/p>\n But this is precisely what Solana is here to fix \u2013 and experts say it could be a huge opportunity for traders. Not only do analysts think Solaxy will buoy the Solana price to $200 and beyond, but they believe the $SOLX token itself could see up to 100x gains.<\/span><\/p>\n Solaxy is currently undergoing a presale, which has raised $27.2 million so far. The current <\/span>$SOLX presale<\/span><\/a> price is $0.00167, but this will rise throughout the ICO, with the next increase in under two days.<\/span><\/p>\n By tackling a pressing issue on one of the hottest blockchains, Solaxy has garnered substantial interest from leading experts.<\/span><\/p>\n Umar Khan, an analyst who hosts videos on the 99Bitcoins YouTube channel, recently called Solaxy a \u201cSolana gem\u201d and said it holds 100x growth potential. For perspective, this would turn a $10K investment into $1 million if it pans out.<\/span><\/p>\n Since Solaxy\u2019s presale began, investors have scrambled to buy in. And with over $27 million raised, the project now boasts one of the most successful Solana ICOs ever. And if that doesn\u2019t indicate strong investor support, then its 73K <\/span>X<\/span><\/a> followers and 9.9K <\/span>Telegram<\/span><\/a> members do.\u00a0<\/span><\/p>\nSolaxy Could Give 100x Returns, Says Leading Analyst\u00a0<\/b><\/h2>\n