Solana is gaining significant traction with institutional investors. Recently, SOL Strategies and DeFi Development Corp invested a combined $509.9 million into Solana treasury incentives, signaling strong confidence in the blockchain's long-term potential. This investment mirrors MicroStrategy's strategy, but focuses on Solana ($SOL) instead of Bitcoin ($BTC).
These capital inflows suggest a promising future for Solaxy, a Solana Layer-2 (L2) network designed to enhance the network's performance during high demand. Solaxy aims to address congestion issues and improve scalability on the Solana network.
Solaxy's native token, $SOLX, is currently in presale and has attracted substantial interest. The $SOLX presale offers a staking opportunity. The Solaxy ecosystem anticipates sustained growth, potentially driving further development and adoption of the Solana network.