Solana Listed on Nasdaq as Solaxy, the First SOL Layer-2, Raises $46M

Solana Listed on Nasdaq as Solaxy, the First SOL Layer-2, Raises M
Solana Listed on Nasdaq as Solaxy, the First SOL Layer-2, Raises M


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The NASDAQ has been bringing crypto and conventional investing collectively since 2025.

With the June 7 filing of a standard K-8 fund, the Nasdaq famous that its commonplace Nasdaq Crypto US Settlement Value Index (NCIUS) would add 4 new cryptos – Cardano, Solana, Stellar Lumens, and XRP Ledger – to its present roster of Bitcoin and Ethereum.

The transfer units up the potential for the first-ever multi-asset crypto ETF, and alerts crypto’s continued ascension to the higher ranks of the monetary world.

The information comes on the again of stories that BlackRock’s Bitcoin ETF simply grew to become the fastest-ever ETF to reach $70B in whole property.

IBIT fastest ETF to $70B

Add all of it collectively, and it’s clear that the finance world has expanded past recognizing simply $BTC and $ETH.

And any development might skyrocket when vital upgrades like Solaxy, Solana’s first-ever Layer-2, present a much-needed increase to Solana scalability and reliability.

ETFs: Type Of A Massive Deal

Alternate-Traded Funds (ETFs) are swimming pools of property listed on exchanges, letting abnormal buyers achieve publicity to the underlying property with out buying them straight.

That makes them nice for retail buyers who could not need the wrestle of establishing a crypto pockets – even a easy pockets like Best Wallet app. Nevertheless, ETFs are additionally interesting to institutional buyers, who use ETFs to diversify their portfolios.

$BTC and $ETH ETFs each induced a spike within the value of their respective cryptos once they launched final 12 months, and have been extensively credited with fueling a gentle improve in demand.

At present, $BTC ETFs account for six% of the overall Bitcoin market cap; $ETH ETFs maintain 3.13%.

Bitcoin ETF Total

In each instances, that’s a big share of the overall market cap and provides shopping for strain.

A possible multi-asset ETF, from Nasdaq, no much less, would do the identical for any included cryptos, together with Solana.

Solana’s Ecosystem Set to Develop

Solana has traditionally relied on a single Rust-based validator consumer. That was Agave, maintained by Anza, with over 90% of stake weight working on Jito-Solana, a fork constructed round MEV infrastructure.

The Jito-Solana consolidation boosted efficiency and staking returns, however raised issues {that a} failure at a single level might severely disrupt the community.

In a optimistic signal, a number of competing purchasers are rising:

  • Jito‑Solana: the unique MEV answer, which jump-started the development of validator innovation
  • Firedancer: developed by Leap Crypto, geared toward blazing-fast, modular efficiency
  • Sig: Syndica’s rewrite in Zig, optimized for read-heavy workloads frequent in dApps
  • Paladin: a light-weight MEV-focused fork of Jito that includes a protected ‘P3’ transaction lane to mitigate sandwich assaults and improve equity
  • TinyDancer: an open-source mild consumer designed for cell environments, with SPV verification, information sampling, and fraud proofing

Taken collectively, these purchasers symbolize a maturing Solana ecosystem: every addresses particular limitations and contributes to higher resilience, specialization, and decentralization.

They lay the groundwork for additional growth on a Solana community that has seen a number of the best meme coins and new crypto presales launched lately.

And now there’s one other enchancment on the way in which, simply in time for any potential ETF: the first-ever Solana Layer-2 answer, Solaxy.

Solaxy ($SOLX): First-Ever Solana Layer-2 for Zero Down-Time

Why have buyers poured $46M into the Solaxy ($SOLX) presale thus far?

As a result of the potential for a Layer 2 answer that solves a few of Solana’s nagging issues – like failed transactions and community congestion – is just too nice to overlook.

Solana Ethereum Multichain

The Solaxy venture brings collectively elements of Ethereum’s scalability and reliability, mixing them with Solana’s sooner community speeds and decrease transaction prices.

The $SOLX token will probably be multi-chain, launching on Ethereum and bridging to the Solaxy Layer-2 when totally deployed.

Within the meantime, the venture is already effectively underway.

The Solaxy Block Explorer and Bridge are stay on the testnet. And the token launch is imminent; there are solely six days left within the presale.

Any buyers desirous to get in early on what could possibly be the subsequent technology of Solana growth can take a look at our information on how to buy Solaxy.

Tokens presently value $0.00175, however our price prediction exhibits the potential for the token to hit $0.025 by the top of 2025, a 1300% improve.

Visit the Solaxy presale page today.

Nasdaq Itemizing Positions Solana – and Solaxy – As Monetary Cornerstones

With Nasdaq itemizing Solana in its crypto index and a possible ETF on the horizon, institutional demand might surge.

Paired with the emergence of Solaxy, Solana is now not simply quick – it’s turning into foundational, and a core a part of crypto finance.

Do your individual analysis earlier than investing; this isn’t monetary recommendation. However remember – time’s working out to get in on the bottom ground, with beneath every week left within the Solaxy presale.



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