{"id":23167,"date":"2025-04-22T11:47:06","date_gmt":"2025-04-22T11:47:06","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=23167"},"modified":"2025-04-22T11:47:06","modified_gmt":"2025-04-22T11:47:06","slug":"upexi-to-create-a-100m-solana-treasury-reserve-why-corporate-giants-betting-on-solana-is-bullish-for-solaxy","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=23167","title":{"rendered":"Upexi to Create a $100M Solana Treasury Reserve; Why Corporate Giants Betting on Solana Is Bullish for Solaxy"},"content":{"rendered":"
\n

It\u2019s a bright time for Solana, the world\u2019s third-largest crypto.<\/p>\n

Just yesterday, Nasdaq-listed Upexi earmarked 95% of its $100M capital raise to establish a Solana treasury reserve.<\/p>\n

Also, ARK (an American investment management firm) has integrated Solana staking into two of its crypto ETFs: ARKF and ARKW.<\/p>\n

Both moves point to Solana taking its place as an institutional-backed powerhouse. And as demand increases, could Solaxy be the answer for enhanced network performance?<\/p>\n

As Solana Gains Ground with Wall Street, Solaxy Scales the Chain<\/h2>\n

Reinforcing Solana\u2019s upward trajectory, Upexi\u2019s shares jumped 335%<\/a> after announcing that a sizable portion of its funds would be held as a Solana treasury reserve.<\/p>\n

ARK\u2019s ETFs, on the other hand, invested $5.2M to purchase 500K shares of 3iQ\u2019s Solana Staking ETF (SOLQ) for Solana staking exposure. By doing so, they\u2019re the first US-listed ETFs to add Solana to their portfolios.\"ARK<\/p>\n

Hot on the heels of the headlines, Solana\u2019s 24-hour trading volume is up by nearly 20%<\/a>.<\/p>\n

These are all significant indicators of a positive Solana outlook.<\/p>\n

Despite this, the network might not be ready to handle the growing demand \u2013 but this is where Solaxy<\/a> comes in.<\/p>\n

Solaxy Addresses Solana\u2019s Congestion and Scalability Woes<\/h2>\n

Solaxy is the first Solana L2 scaling solution. It aims to address the network\u2019s congestion and scalability challenges.<\/p>\n

Despite Solana\u2019s reputation for speed, handling up to 65K tps, far surpassing Ethereum\u2019s 30 tps capacity, the network\u2019s popularity may have backfired and has caused some slowdowns.<\/p>\n

Solaxy has a solution. As a Layer 2 blockchain, it\u2019ll process transactions off-chain and settle them on Solana\u2019s main net. This will boost transaction speed and reduce fees.<\/p>\n

As an Ethereum-based token, it\u2019ll also bridge Solana\u2019s speed with Ethereum\u2019s liquidity. This will help facilitate seamless asset transfers between the two major blockchains.<\/p>\n

It\u2019s good news for dApp developers and traders of the best meme coins,<\/a> and could set Solana up to be home to the next crypto to explode<\/a>.<\/p>\n

\"Solaxy<\/p>\n

To harness the power of the upcoming Solana L2, you must buy $SOLX<\/a>, the project\u2019s native token. It\u2019s already accumulated over $31M on presale, which signals strong confidence in light of increased Solana demand.<\/p>\n

Also attracting attention to the presale is the passive income potential in staking $SOLX, currently at a 130% APY. Indeed, a generous 25% of its total token supply is set aside for such rewards.<\/p>\n

An additional 30% of the overall token supply is allocated for development, highlighting the project\u2019s dedication to innovative, sustainable growth.<\/p>\n

Solana Treasury Reserve & ETFs Boost Solaxy\u2019s Outlook<\/h2>\n

As institutional momentum surrounding Solana grows, Solaxy<\/a> could gain significant traction.<\/p>\n

Its L2 scaling solution, cross-chain capabilities, and generous staking incentives could attract the investment needed to build the solution to double Solana\u2019s efficiency.<\/p>\n

The groundwork has already been laid, and the presale is live and on fire.<\/p>\n

You can get $SOLX on presale for just $0.001702, but the price increases tomorrow<\/p>\n

Now could be a prime opportunity to jump in. Once the L2 is deployed sometime this year, our Solaxy Price Predictions<\/a> have it reaching $0.032 (a 3,100% spike compared to its initial $0.001 presale price!).<\/p>\n

Even so, this isn\u2019t investment advice. Always DYOR before making any token investments. Crypto prices can fall as quickly as they jump after being listed on the best DEXs<\/a> and CEXs.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

It\u2019s a bright time for Solana, the world\u2019s third-largest crypto. Just yesterday, Nasdaq-listed Upexi earmarked 95% of its $100M capital raise to establish a Solana treasury reserve. Also, ARK (an American investment management firm) has integrated Solana staking into two of its crypto ETFs: ARKF and ARKW. Both moves point to Solana taking its place […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-23167","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23167"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23167\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}