New Crypto Solaxy Closing In On $50 Million Raised In Token Presale Rounds

Solana continues to assert its strength as one of the top-performing altcoins amid a broader crypto market rally. As Bitcoin surges past the $111,000 mark and pushes towards new all-time highs, Solana follows closely, trading around $146 and steadily moving toward the $200 range.

Its impressive momentum places it at the top of trending tokens, outperforming many other major assets. The surge in Solana’s price reflects renewed confidence in the altcoin sector, as capital begins rotating from Bitcoin into altcoins and meme coins, echoing bullish patterns reminiscent of the 2021 bull run.

Notably, Solana’s ecosystem is seeing significant expansion with the emergence of Solaxy, the first-ever Layer 2 blockchain built on the…

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