Solana (SOL) and Solana-based tokens faced a market cap drop to $163.7 billion from $892.5 billion in late January.Solaxy (SOLX) Layer 2 blockchain for Solana raised over $28 million in presale since December, offering a solution to congestion issues.The broader crypto market cap has recovered to $2.86 trillion from a mid-March low of $2.51 trillion.Solana's congestion issues led investors to explore other chains, impacting its value and user activity.Solaxy's presale employs a dynamic pricing model with the token price set to rise from $0.001676 to $0.00169.Partnership with Best Wallet and developer transparency boost optimism for Solaxy's post-launch performance.Solaxy's Layer 2 ecosystem aims to improve Solana's scalability using rollups while maintaining mainnet security.Experts foresee significant growth potential for Solana and advise entering the presale for potential gains.Solaxy focuses on building a strong community, investor security, and staking rewards to enhance long-term success.With audited smart contract, liquidity reserves, and staking rewards, Solaxy presents an enticing investment opportunity.