Solaxy ($SOLX) has just achieved a **remarkable milestone** by surpassing **$35.5 million** in its presale, contributing nearly **$1 million** in fresh capital since Monday\u2019s total of **$34.6 million**. This impressive fundraising comes at a pivotal moment as Solana ($SOL) breaks the **$180** barrier, with a keen eye on reaching **$200**. With Solana\u2019s first-layer 2 solution, Solaxy is swiftly becoming the **preferred choice** for investors who are focused on the infrastructure supporting Solana\u2019s next advancements.<\/p>\n
This recent movement isn’t simply driven by market **enthusiasm**. Global asset management firm **VanEck** has officially launched its tokenized U.S. Treasury fund, **VBILL**, on the Solana network. This development reflects a significant **endorsement** from traditional finance, marking Solana as a serious contender in the **financial infrastructure** space.<\/p>\n
VanEck has rolled out **VBILL**, its first tokenized U.S. Treasury fund, in collaboration with Securitize. The fund offers **real-time**, on-chain access to Treasury-backed assets, and is compatible with Solana, Ethereum, BNB Chain, and Avalanche, thanks to the innovative **Wormhole** framework enabling cross-chain capabilities.<\/p>\n
VBILL is a fully **regulated** product that is powered by Securitize’s **full-stack services**\u2014ranging from tokenization to fund administration and broker-dealer frameworks. Its objective is to provide increased **capital efficiency** and enhanced liquidity for institutional investors venturing onto the blockchain.<\/p>\n
The fact that Solana was included right at launch solidifies its position alongside Ethereum in one of the largest institutional rollouts in recent history.<\/p>\n
However, VanEck’s ambitions do not end here. Together with partner firms like **21Shares**, **Bitwise**, and **Canary Capital**, the company has submitted applications for spot ETFs to the **Federal Register**. Bloomberg Intelligence currently estimates a **90%** probability of approval, signaling an impending wave of institutional capital ready to enter the market.<\/p>\n
As all eyes fixate on Solana\u2019s Layer-1 performance, the real narrative lies in the undercurrents. **Solaxy** is making strides, with the fundraising numbers reflecting a growing understanding among investors about its critical role in addressing Solana’s **scalability, congestion**, and **stability** issues that have hindered it from usurping Ethereum in the smart contract domain.<\/p>\n
The upcoming launch of Solaxy aims to significantly heighten Solana’s **throughput**, enabling it to manage increased traffic from gaming, meme coins, and decentralized finance (DeFi) without compromising transaction **speed**. The Solaxy team has already implemented several performance improvements, including:<\/p>\n
Their **User Interface** has also undergone fixes to ensure a more responsive and production-ready platform. Soon, Solaxy’s native bridge will be operational on Testnet, allowing investors to glimpse how this Layer-2 solution will function in real-world conditions.<\/p>\n
Despite Solana’s robust scalability\u2014leading the DEX market with over **$3.88 billion** in weekly volume\u2014raw speed alone isn’t enough for DeFi supremacy. Ethereum continues to hold a competitive edge, primarily built upon its superior **network stability**.<\/p>\n
Historical outages, including Solana\u2019s **20-hour halt** in 2021, highlight major vulnerabilities that wouldn\u2019t hold up in traditional finance. Payment giants like **Visa** and **Mastercard** set the bar for transactional throughput and reliability, reflecting the standards any prospective financial network must eventually meet. To effectively compete with traditional finance (TradFi), Solana requires a supplementary engine.<\/p>\n
Solaxy serves as that vital **second engine**, acting as a co-processor that absorbs overflow and keeps the primary chain running efficiently, even during traffic surges. As Solana grows, so too will the demand for Solaxy\u2019s **infrastructure** and its native token, **$SOLX**. This token is thus positioned as a crucial asset for scalability, directly linked to Solana’s expansion into high-throughput case scenarios like DEX trading and yield farming.<\/p>\n
With the promise of delivering real transformative changes, **$SOLX** is not just a digital token but a mechanism for a more robust and capable Solana ecosystem. Interested investors should visit the Solaxy website to secure their stake before the opportunity fades.<\/p>\n
Newly acquired **$SOLX** tokens are ready for immediate staking, featuring a **dynamic APY** of **113%**, which adjusts based on pool activity and participant volume. For optimal asset management, using the **Best Wallet** is recommended, providing seamless multi-chain support across both Solana and Ethereum.<\/p>\n
Stay updated by joining the Solaxy community on **Telegram** and **X** (formerly Twitter) for real-time announcements and community interactions.<\/p>\n