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

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 customary 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 turned the fastest-ever ETF to reach $70B in whole property.

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

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

ETFs: Sort Of A Large Deal

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

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

$BTC and $ETH ETFs each brought about a spike within the value of their respective cryptos after they launched final yr, and have been extensively credited with fueling a gradual improve in demand.

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

In each instances, that’s a major proportion 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 shopper. That was Agave, maintained by Anza, with over 90% of stake weight operating on Jito-Solana, a fork constructed round MEV infrastructure.

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

In a constructive signal, a number of competing shoppers are rising:

• Jito‑Solana: the unique MEV answer, which jump-started the development of validator innovation
• Firedancer: developed by Leap Crypto, aimed toward blazing-fast, modular efficiency
• Sig: Syndica’s rewrite in Zig, optimized for read-heavy workloads widespread 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 gentle shopper designed for cell environments, with SPV verification, information sampling, and fraud proofing

Taken collectively, these shoppers signify a maturing Solana ecosystem: every addresses particular limitations and contributes to larger resilience, specialization, and decentralization.

They lay the groundwork for additional improvement on a Solana community that has seen a few 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 to this point?

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.

The Solaxy mission brings collectively points of Ethereum’s scalability and reliability, mixing them with Solana’s quicker 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 mission is already nicely underway.

Any buyers wanting to get in early on what might be the following technology of Solana improvement can try our information on how to buy Solaxy.

Tokens at present price $0.00175, however our price prediction exhibits the potential for the token to hit $0.025 by the tip 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 may 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 operating out to get in on the bottom ground, with beneath every week left within the Solaxy presale.