Solana is likely one of the hottest blockchains. Nevertheless, it’s removed from good. The community has been unable to maintain up with rising demand. Merchants proceed to face community congestion as transactions are delayed and costs skyrocket. It’s about time the visitors jam on the blockchain is put to an finish. With the assistance of roll-up expertise, Solaxy goals to ease the Solana community. The brand new Layer-2 solution will act as an off-ramp and course of transactions on a secondary chain. The transactions are bundled collectively and despatched for affirmation as an alternative.
Highlight WireThis unclogs the mainnet and reduces its computational burden, whereas additionally benefiting from Solana’s much-acclaimed security measures.
The subsequent massive Layer-2 solution?
At the moment, the Layer-2 area of interest boasts a big market cap of near $20 billion. On condition that Solana is likely one of the fastest-growing blockchains in the world with a thriving ecosystem, it is smart that Solaxy is drawing consideration. As Solana’s first Layer-2 solution, the undertaking exhibits promise.
Highlight WireLayer-2 platforms have a key position in decluttering the Layer-1 chains like Ethereum, which struggled to maintain up with a rising investor base.
The development is predicted to proceed effectively into 2025 and past. Professional-crypto laws and institutional adoption have the potential to additional develop the market over the approaching months. Solaxy’s upcoming launch is strategically aligned, consequently.
The frog genius is right here
Solaxy is likely one of the most fascinating altcoin initiatives to enter the market this yr. However that hasn’t stopped it from embracing its enjoyable facet.
The Pepe-Einstein meme coin avatar has all of the components to seize the eye of degens, from vibrant illustrations to daring narratives. The undertaking cleverly faucets into meme coin hype whereas anchoring its long-term development in utility.
https://x.com/SOLAXYTOKEN/status/1877001120351924431
SOLX: Unlocking the Solana ecosystem
SOLX is the native crypto of the Solana blockchain. It’s used to pay transaction charges in the ecosystem. That’s not all, the token may even facilitate the undertaking’s passive reward and governance mechanisms.
Traders who decide to lock their $SOLX tokens in the presale part will earn passive rewards in the course of the holding interval. The technique is geared toward encouraging token holding and discouraging early-stage sell-offs. On the time of scripting this , the passive revenue annual share yield (APY) of Solaxy stood at 370%. Over 3 billion $SOLX tokens have already been locked in the platform.
Based on the white paper, the undertaking additionally has plans for a multichain infrastructure that mixes the perfect of Solana and Ethereum.
Solaxy’s group help is rising, with near 60,000 followers on X (Twitter) and Telegram. Crypto influencers and communities have additionally taken discover of the undertaking. For instance, 99Bitcoins not too long ago featured Solaxy, highlighting its strategic positioning in the Layer-2 market.
$10 million raised and counting
In the present presale part, SOLX tokens can be found for a set value of $0.001596 every. The worth will increase with every new stage because the presale progresses.
It helps versatile fee choices, from high cryptocurrencies like ETH, USDT, and BNB to fiat playing cards. Nevertheless, traders will want a suitable crypto pockets like Metamask or Greatest Pockets to hitch the presale.
After the presale, $SOLX shall be listed on well-liked crypto exchanges, and the market will resolve its value. Ten % of the whole token provide is allotted for trade liquidity, and 15% for advertising and marketing initiatives to put the inspiration for a clean launch. Thirty % of the whole SOLX provide goes to the event of Solana Layer-2.
Highlight WireThe Solana Layer-2 solution will go dwell after the primary sequence of trade listings. On the safety facet, Solaxy has accomplished an extensive audit by Coinsult.
Visit the Solaxy ($SOLX) presale
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