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    Home»Altcoins»Solana Layer 2: Why $SOLX May Be The Subsequent 100x Token
    Solana Layer 2: Why $SOLX May Be The Subsequent 100x Token
    Altcoins

    Solana Layer 2: Why $SOLX May Be The Subsequent 100x Token

    By Crypto EditorDecember 22, 2024No Comments3 Mins Read
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    That is the yr of memecoins. Widespread meme cash like DOGE, BONK, Pepe and FLOKI have managed to garner lots of consideration. Even newer memecoins comparable to Wall Road Pepe and Flockerz have additionally left a mark out there in only a few days.

    General, it was yr for meme cash yearly. However the one title that stands out probably the most with specialists speculating whether or not it may be the following 100x token or not is Solaxy ($SOLX).

    For individuals who don’t know, Solaxy is creating a revolutionary layer-2 resolution for Solana and $SOLX is its native foreign money. Solana is already a preferred change community, and it’s the just one that may compete with Ethereum in the intervening time. In actual fact, not too long ago it overtook Ethereum because the change with the best variety of builders.

    Nonetheless, extra demand brings extra site visitors which results in congestion and gradual transactions. That is the place the layer-2 protocol steps in. Now let’s see whether or not $SOLX has what it takes to be the following 100x token.

    Can It Actually Be the Subsequent 100x Token?

    At this stage, it’s onerous to say whether or not $SOLX could be a 100x token however there are indicators that present that it has huge potential.

    The largest motive is that Solaxy solves lots of ache factors:

    • On account of heavy site visitors, Solana’s efficiency has been taking a critical hit. Solaxy fixes this situation by implementing offloading processing to cut back the burden on Solana’s layer 1, thereby rushing up transactions.
    • Solana’s layer 1 struggles with scalability whereas Solaxy makes use of transaction bundling to allow scalability whereas retaining prices low and output excessive.

    Solaxy doesn’t fully overwrite Solana. It merely takes one of the best options from the community, fixes its shortcomings, and creates a strong new product.

    One more reason why we expect that Solaxy could be the following 100x token is that it has irked lots of curiosity for the reason that starting of its presale. In simply the primary week of its presale, it crossed greater than $3 million in gross sales.

    Many specialists have additionally predicted its success. As soon as the presale ends (which is able to most likely occur in 2025), analysts predict that the token will expertise its first worth surge, which is more likely to be round 20x as per present market circumstances. This quantity will ultimately develop greater because the yr rolls relying on how effectively the token can maintain the hype.

    The yr 2026 may not be very promising for the token. Specialists are predicting a market crash which could trigger the worth of $SOLX tokens to dip. However once more, who has seen what’ll occur a yr later? For now, there’s actually a chance for $SOLX to be the following 100x token.



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