5 months ago
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Solana’s growth has come with a catch – the busier it gets, the slower and less reliable its transactions are.
That’s where Solaxy (SOLX) comes in.
With over $22 million raised in its presale, investors seem confident that Solaxy could solve Solana’s congestion issues.
How Solaxy Aims to Make Solana Faster, Cheaper, and More Efficient
Solaxy is like an express lane for the Solana blockchain.
Solana was built for speed, but its popularity has led to a lot of traffic – causing failed transactions and frustrating delays.
Solaxy aims to fix that by processing transactions off-chain, bundling them together, and sending them back to Solana.
It streamlines the process without sacrificing security.
This concept mirrors Ethereum’s successful Layer-2 solutions, like Arbitrum and Optimism, which have significantly improved its speed and costs.
Solaxy is the first to bring this concept to Solana, targeting another of the world’s biggest blockchains.
Another standout feature is Solaxy’s bridge between Solana and Ethereum, which will allow users to move assets between the two chains.
This could open enormous possibilities for traders and developers.
As for the native SOLX token, it’s designed for utility: covering transaction fees, governance voting, and staking rewards (estimated at 182% per year).
SOLX Token Presale Hits $22M as Top Analyst Predicts 100x Price Surge
Solaxy’s presale has exceeded expectations, hitting the $22 million mark with huge momentum.
Early investors can currently buy the native SOLX token for just $0.001634.
Solaxy’s team accepts payments in crypto or via bank card – and has even partnered with Best Wallet to accept in-app purchases.
Adding to the early buzz, YouTuber NASS CRYPTO recently discussed Solaxy with his 1 million+ subscribers.
He claimed it could “make investors rich,” suggesting potential 100x returns.
This endorsement has been well received by the project’s Telegram community, which has grown to over 7,300 members.
On the security front, Solaxy passed an audit from Coinsult – no small feat for a presale crypto.
This clean audit has boosted investor confidence and set the stage for the project’s Layer 2 to go live.
However, before that, the team plans to list SOLX on a popular DEX.
Although they haven’t set an end date for the presale, early investors are already eyeing the listing, thinking it could trigger a price pump.
Solaxy’s team has also set aside 10% of the SOLX supply for initial liquidity, aiming to smooth trading conditions.
Could 2025 Be a Breakout Year for Solaxy and the Solana Ecosystem?
Solaxy looks set for an exciting 2025.
With President Trump’s administration taking a more pro-crypto stance, projects solving real issues are primed to benefit.
Planned executive orders – like establishing a strategic Bitcoin reserve – mark a big shift from past uncertainty.
Bitcoin’s projected rise this year could also set off a bullish chain reaction.
BTC often surges first, followed by a flow of capital into altcoins like SOL, which would benefit a new Layer-2 network such as Solaxy.
SOL itself might be in for an eventful year, with its market cap soaring from $36 billion in January 2024 to over $125 billion last month – more than triple.
Talk of a spot SOL ETF being approved in the U.S. is heating up, and if one goes live, SOL will likely rise in response.
Again, that would be great news for Solaxy.
Considering all these elements, Solaxy is clearly in the middle of some powerful market trends.
If Bitcoin rallies, altcoins follow, and Solana keeps growing, demand for this new Layer-2 solution could soar.
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