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First Solana Layer-2 Close to $50M as Company Plans $5B $SOL Investment

First Solana Layer-2 Close to $50M as Company Plans $5B $SOL Investment

Ben Wallis
by Ben Wallis
1 month ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In a move that’s shaking the market, publicly traded DeFi Development Corp. (DFDV) announced a staggering $5B equity line of credit with RK Capital.

The firm has made its intentions clear. The entire $5B line will be used to acquire Solana ($SOL), dramatically increasing its already substantial holdings.

According to CEO Joseph Onorati, the strategy offers flexibility, allowing the company to raise capital gradually and only when it aligns with their core goal of increasing the $SOL per share.

This isn’t DFDV’s first major play either; the company has already gathered over 609K $SOL and has deeply integrated itself into the ecosystem by acquiring a validator business. On the surface, it’s a maximalist bet on the future of the Solana network.

And one crypto presale that’s ready to leverage Solana’s bullish run is Solaxy ($SOLX, the first-ever Solana Layer-2 that aims to improve the blockchain’s known congestion issues.

Genius Move or a House of Cards?

Beneath the bullish Solana headlines, DFDV’s move invokes a bit of skepticism. Some could see this act of issuing company stock to fund the purchase of a volatile crypto asset as another block in an unstable house of cards built by pro-crypto firms.

The strategy creates a loop: DFDV’s stock price becomes increasingly tied to $SOL’s performance. Simultaneously, the company tries to boost $SOL’s price through massive purchases funded by its own equity.

This comes as the broader market flashes red, with $SOL itself down over 9% in the past 24 hours.

Solana price in the last 24 hours.
Source: CoinMarketCap

The contrast between DFDV’s aggressive accumulation and the current market fear highlights a growing disconnect.

As institutional players build intricate, high-risk structures around major assets like $SOL, many retail investors are seeking clearer, more direct paths to potential growth.

The institutional focus on the base $SOL asset has savvy investors looking deeper into the ecosystem for the next innovation.

This could spotlight presale projects like Solaxy ($SOLX), a new Solana Layer 2 already close to $50M.  The token has been gaining massive traction thanks to its intention to upscale Solana to modern demands.

As is often the case, market interest can lead to hype, so will $SOLX (one of 2025’s best crypto presales) benefit from the substantial $SOL investment from institutional asset managers?

Let’s discuss that.

The Fix for Solana’s Biggest Flaws

So, what’s the path to potential growth for retail investors? The answer—Solaxy ($SOLX), the first-ever Solana Layer-2 blockchain, whose presale is already moving at incredible speed.

More than just another token, Solaxy is a foundational upgrade designed to neutralize Solana’s biggest pain points: network congestion, failed transactions, and slow speed.

The real utility to a very serious industry problem potentially makes Solaxy one of the best altcoins to buy right now.

Solaxy utility explanation on the site

By bridging the gap between Ethereum’s massive liquidity and Solana’s efficiency, $SOLX creates a multi-chain powerhouse perfect for the high-speed demands of DeFi and meme coin trading.

The Race to $50M: Your Ground-Floor Entry

Solaxy ($SOLX) has received an overwhelming response (one whale bought $$73K $SOL in December 2024), raising over $48M from early backers who see much potential in the project.

The momentum signals strong market confidence in the project’s vision and its first-mover advantage as Solana’s premier Layer-2 solution.

Solaxy X announcement on 48 million raised.

If $SOLX sounds like your cup of tea, the opportunity is still available, but time is running out. The current presale price for $SOLX is $0.001756, but the presale ends in just over 3 days, so let us help you through the buying stage.

Looking ahead, we’ve predicted a positive outlook for $SOLX. With top Ethereum Layer-2s commanding impressive market caps, $SOLX could see a similar trajectory. We forecast an end-of-year high of $0.032 for 2025, representing a 1,722.32% increase on the current price. With staking rewards of 84%, you could be set to benefit further.

Remember, this isn’t financial advice, and just because Solana is set to receive a large investment, it doesn’t mean other coins will actually benefit. Crypto is risky, and you should always do your own research before making any investment decisions.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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Ben Wallis

Ben Wallis

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Ben is a freelance writer specializing in crypto developments (mainly altcoins) and the intricate ways global economics shape the digital asset space. His B.Ed. in Education provides a unique foundation for his writing, enabling him to distill complex crypto concepts and market shifts into clear, digestible insights. This skill is key to helping readers adapt and apply their understanding to the ever-evolving world of crypto investment. Passionate about making crypto accessible, Ben crafts content designed to educate a broad audience, from current market events to the essential foundational knowledge that underpins them. His goal is to empower readers through understanding. When he’s not immersed in crypto analysis and breaking down complex topics, Ben is an avid Pokémon fan and enjoys all things Disney.

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