Solaxy is gaining consideration after elevating $27 million in its presale. Traders marvel if this new Solana Layer 2 might grow to be the subsequent meme coin hub.
Solana’s fast progress has been accompanied by a recurring problem—community congestion. As transaction volumes surge, bottlenecks grow to be obvious, resulting in slower processing instances and community instability.
Nevertheless, a brand new venture, Solaxy (SOLX), is rising as a groundbreaking answer to boost Solana’s scalability and effectivity.
Solaxy (SOLX) Boosts Solana with Layer 2 Upgrades
Solaxy is the primary Layer 2 community on Solana, designed to enhance transaction speeds and community efficiency. This initiative goals to remodel Solana right into a sooner, extra environment friendly blockchain, strengthening its place as a premier asset class within the crypto business.
Traders who see long-term potential in Solana can achieve publicity by Solaxy whereas benefiting from options that deal with the community’s core limitations.
The venture makes use of rollups to course of transactions off-chain earlier than settling them on Solana’s mainnet. This strategy reduces congestion and improves transaction finality, creating benefits for each merchants and decentralized software (dApp) builders.
Supply – Cryptonews YouTube Channel
By processing transactions off-chain, Solaxy enhances scalability, minimizes congestion, and ensures uninterrupted buying and selling exercise. Bundling transactions by rollups considerably lowers prices, making the Solana ecosystem extra reasonably priced for customers.
Solana’s Layer 1 infrastructure secures the community, preserving transaction integrity and reliability. Solaxy additionally introduces a multi-chain bridge that connects Solana and Ethereum, permitting environment friendly asset transfers between each ecosystems.
This integration grants Solana customers entry to Ethereum’s liquidity whereas sustaining Solana’s pace and effectivity.
Solaxy Presale Reached $27M as Staking Rewards and Alternate Listings Gas Demand
Solaxy has now reached the $27 million mark, rating among the many fastest-growing presales out there. $SOLX continues to be accessible at $0.001668, although the value will rise in lower than 15 hours.
Throughout the presale, buyers should buy $SOLX utilizing $ETH, $USDT, $BNB, $SOL, or a credit score or debit card. In style wallets like MetaMask and Belief Pockets present quick access to the presale.
An alternative choice for buying $SOLX is thru the Greatest Pockets app, providing a seamless expertise for smartphone customers.
Greatest Pockets just lately expanded to assist Bitcoin and is getting ready for its upcoming Solana integration. The app is on the market for obtain on Google Play and the Apple App Retailer.
Supply – Solaxy Twitter
The venture additionally provides staking rewards of as much as 151% APY, permitting early buyers to build up extra tokens earlier than the official launch. As staking participation grows, APY is predicted to lower over time.
This function allows buyers to earn passive revenue whereas contributing to the community’s stability. Over 7.6 billion tokens have already been staked.
In contrast to most presales with mounted finish dates or arduous caps, Solaxy’s group has chosen a extra versatile strategy. Plans are in place to listing $SOLX on a decentralized trade after the fundraising part concludes.
The group has additionally mapped out an bold roadmap, together with CEX listings, the launch of the Solaxy Layer 2 community, and deeper Ethereum integrations.
Curiosity in Solaxy continues to rise, mirrored in its increasing on-line presence. The venture’s X (Twitter) following has grown to almost 73,000, whereas its Telegram group has surpassed 9,800 members—clear indicators that merchants and builders are carefully watching its progress.
Is Solaxy the Subsequent Huge Layer 2 Meme Coin?
Solaxy is gaining traction as layer 2 options grow to be more and more important, not only for Ethereum but in addition for different blockchains searching for scalability.
Initiatives like Arbitrum and Optimism have proven that off-chain processing considerably enhances pace and reduces prices. As interoperability expands and new use instances emerge, layer 2 networks will doubtless play a bigger function within the business.
Solaxy differentiates itself by bringing this mannequin to Solana. A profitable launch might present merchants and builders with a scalable various whereas retaining them inside Solana’s ecosystem.
Moreover, the deliberate cross-chain bridge with Ethereum might introduce recent liquidity to Solana, unlocking new alternatives in DeFi. With its launch anticipated later this 12 months, Solaxy’s subsequent steps can be carefully watched throughout the blockchain house.
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