Just four days after hitting the $4M milestone, Solaxy’s (SOLX) new presale project has reached $5M. Ten days is an incredible speed to earn millions in funds. So what’s so special about Solaxy?
Well, Solaxy is Solana’s first Layer-2 solution focused on meme coins. This means that Solaxy can solve Solana’s congestion problems by processing part of the transactions off-chain.
In addition, Solaxy bridges Solana with Ethereum. It takes the best of both networks: high capital, security, and developer tools, to fix its shortcomings, and deliver a completely new and powerful ecosystem.
Saving Solana To Him – Fast, Cheap Meme Coin Trading
Solana has seen a huge increase in user enthusiasm this year, mainly due to its growing meme character sector. The reason is simple: Solana offers high speed, low fees, and various developer tools. In fact, with pump.fun, anyone can launch a meme coin on Solana with zero coding skills.
But in a way, Solana became a victim of his own success. Network performance is severely affected by traffic congestion.
Solaxy aims to make transfers to Solana smoother, faster, and cheaper with its Layer-2 technology. No more congestion and transaction failures.
It is true that the founder of Solana Anatoly Yakovlenko sees Layer-2s as parasitic when they remove more resources from the basic layer than they contribute, as in the case of Ethereum.
However, Solaxy does not want to replace Solana. Instead, it builds on Solana’s strengths, combining them with Ethereum for liquidity and security, creating a high-performance network of degen traders. A network that can accept ever-increasing transaction amounts.
$5M Raised, 755% Staking APY – Can SOLX Repeat BONK’s Success?
The Solaxy presale started on December 14th and raised $1M in three days. The project’s X account is approaching 20K followers, and opinion leaders like ClayBro see great potential in Solaxy’s Layer-2 solution.
It is too early to judge if SOLX will repeat the success of top Solana meme coins like BONK and PENGU. But public interest is reflected in the $5M raised, most of which will go to product development and marketing to expand the project’s reach.
A whopping 25% of the total token supply is set aside for massive rewards. Early adopters have already contributed 1.5B SOLX at 755% APY.
The presale will end at the beginning of 2025, but the price of SOLX will gradually increase every few days. This means that SOLX may never be as cheap as it currently is, just $0.001578 per token.
After the token claim, we expect to see SOLX on tier-1 DEXs and CEXs. To be clear: no listings have been confirmed yet. However, it would not be easy to imagine that the likes of Uniswap and Binance would approve a project with strong support and community support.
Be the first to review Solaxy
Meme coins are leading this bull cycle. But unlike 2021 when meme projects rely only on hype, this time, they add something solid to the mix. And Solaxy is a prime example of a quasi meme coin that carries real value.
If you want to ride this star before it takes off, visit the official Solaxy presale website, connect your wallet, and exchange ETH, USDT, or BNB for SOLX.
However, don’t take anyone’s word for it. There are no guarantees in the crypto market. Remember to DYOR and invest as much as you can afford.
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