Solaxy (SOLX) Presale Races Previous $2.2 Million In Solely 4 Days – First Ever Solana Layer 2

The Solaxy (SOLX) token presale is promoting like hotcakes, elevating $2.2 million in simply its first 4 days at a run price exceeding $500k a day.

Solaxy is constructing a Solana Layer 2 protocol that bears down on the congestion and failed transactions impacting the efficiency of one of many largest blockchains within the trade. Buyers like what they see.

Quickly, because of Solaxy, the problems which can be limiting Solana’s capacity to completely notice its scalability potential might be a factor of the previous.

$SOLX token is within the ninth stage of its presale, priced at $0.001566. The presale’s beginning value was $0.001. The following value stage kicks in when the fundraising complete hits $2,590,379, at which level the $SOLX value rises to $0.001562.

potential consumers might want to expedite their due diligence to seize what might be the lowest-ever value for a $SOLX token. 

Use Greatest Pockets To Purchase And Stake $SOLX 

Serving to to turbocharge the $SOLX fundraise is the Greatest Pockets group, contemporary from enjoying no small half in elevating $74 million for the Pepu Unchained mission, which has gone on to offer good-looking earnings for its presale buyers.

Greatest Pockets has an progressive Upcoming Tokens function that permits buyers to shortly discover alternatives to purchase new promising cash early to maximise earnings. 

You may simply and securely purchase and stake $SOLX via Greatest Pockets. Due to Solaxy’s partnership with Greatest Pockets, consumers utilizing the app will see their tokens seem there earlier than the official declare date, making it much more handy for buyers.

Begin staking immediately and you may earn 1,523% each year rewards. Keep in mind although that the yield is calculated dynamically, decreasing as extra $SOLX is deposited into the staking pool. On the time of writing, 755.4k $SOLX was staked.

Solaxy Faucets Into The Worth Of Crypto’s Largest Blockchains: Solana And Ethereum

Solaxy is a multi-chain Layer 2 that brings out the perfect in Solana and Ethereum, the 2 most precious blockchains in crypto, measured by complete worth locked.

Ethereum is by far and away essentially the most worthwhile chain for decentralized finance (DeFi), however it’s Solana that has been exploding in transactional phrases, on the again of its recognition because the preeminent platform for launching and buying and selling meme cash.

Nonetheless, Solana is rising up the leaderboard in the case of DeFi too, now in second place behind Ethereum.

In line with knowledge website DeFiLlama, Ethereum has a complete worth locked of $76.8 billion, method forward of the competitors, whereas Solana, in second spot, has $9.2 billion locked.

By bridging the 2 most used and worthwhile blockchains, Solaxy leverages the perfect of each worlds, enhancing the velocity and value benefit of Solana and the liquidity and safety of Ethereum. There actually is nothing else just like the Solaxy crypto token in the marketplace immediately.

Solaxy Is A Sport-Altering Answer For Solana Congestion

Congestion is, no doubt, a major problem for Solana, as its transaction volumes proceed to blow up. 

In line with DappRadar the variety of transactions over the previous seven days is 176 million, outlined because the variety of transactions on the chain inside a decentralized software’s (DApp) good contract or deal with that DappRadar is monitoring over a time frame. 

Meme cash are the primary driver of Solana’s transaction progress. Bots ship spam transactions to the community within the hope of entering into blocks, however the majority of the transactions find yourself unexecuted, losing worthwhile community assets. 

Failed transactions are one other problematic situation. As much as 25% of transactions fail on the Solana community. At one stage as many as 70% of non-vote transactions have been failing. On December 17, Dune Analytics measured failed non-voting transactions at 40.5% of the entire.

Though Solana builders have a roadmap of fixes to implement to enhance efficiency, Layer 2s provide the extra dependable path to reaching scale and overcoming the downsides of failed transactions and chain congestion. 

Layer 2 chains like Solaxy work by batching transactions off the Layer 1 primary chain after which deciding on there at a later date by making one name as an alternative of a number of computationally expensive and time-consuming requires every particular person transaction.  

In impact then, Solaxy is a brand new execution or software layer for Solana that treats the primary chain as the bottom settlement layer. Solaxy will have the ability to help the event of all types of functions, as well as, in fact, to meme cash.

As a result of the $SOLX token is multi-chain it faucets into the exercise that’s already thriving on each the Ethereum and Solana chains, which suggests a flood of liquidity will probably be headed Solaxy’s method.

Solaxy’s market-leading place as the one Solana Layer 2 makes it well-placed to be the following $1 billion market cap Layer 2, and with multi-chain compatibility throughout Solana and Ethereum, it magnifies its use case proposition. 

The present market capitalization of main Layer 2 protocols is as follows:

Rank	Asset	Image	Market Capitalization (USD)
1	Polygon Ecosystem Token	POL	4,617,147,297
2	Mantle	MNT	3,943,791,573
3	Arbitrum	ARB	3,932,952,298
4	Optimism	OP	3,172,543,984
5	Immutable X	IMX	2,815,398,082
6	Motion	MOVE	1,441,652,859
7	Starknet	STRK	1,290,624,278
8	Core DAO	CORE	1,124,619,603
9	Polygon	MATIC	1,048,384,706
10	dYdX	DYDX	827,734,237

Supply: Messari

99Bitcoins Says Solaxy Is A 100x Meme Coin

As a bridge to the way forward for DeFi, Solaxy’s valuation might be such that it launches with a 100x bang. That’s definitely the considering of 1 99Bitcoins crypto analyst:

The $SOLX presale token will be purchased by connecting your crypto pockets on the Solaxy web site and buying with BNB, ETH, or SOL – the tokens of the three most energetic crypto chains. 

It’s also possible to purchase the $SOLX token with a card or within the ‘Upcoming Tokens’ part of the progressive, easy-to-use Web3 crypto pockets Greatest Pockets. 

Its fast-growing group is appearing as an accelerator launchpad for brand new crypto tasks, having already helped Pepe Unchained obtain multimillion-dollar success. In the meantime, the Wall Avenue Pepe ($WEPE) token presale has up to now raised $30 million, lower than two weeks because it began accepting contributions. 

One other mission within the Greatest Pockets accelerator – Crypto All-Stars ($STARS) – with a few days to go earlier than its presale ends, can also be featured within the Upcoming Tokens part and has raised a whopping $21.6 million. 

Those that purchase on Greatest Pockets even have the comfort of seeing their tokens seem within the pockets forward of the official declare date.

Solana meme cash alone are valued at $17.9 billion, to not point out the remainder of the ecosystem and the multi-chain opening to Ethereum that Solaxy gives.

Solaxy is positioning itself to be a powerhouse of the crypto Layer 2 scene, main the way in which on Solana because the place the place you construct, deploy, and work together with decentralized functions in a performant vogue.

If you’re in search of the proper funding in crypto earlier than the altcoin season begins, Solaxy is without doubt one of the greatest alternatives out there.

The one-of-a-kind mission targets an enormous, addressable market with no competitors, offering it with loads of scope to construct a large moat to see off any would-be rivals which will emerge.

Keep up a correspondence with the Solaxy mission by becoming a member of its group on Telegram or X.

Go to the Solaxy crypto presale web site