Solana is without doubt one of the greatest blockchains on the planet – however community congestion remains to be an enormous situation.
That’s the place Solaxy (SOLX) is available in.
This new Layer-2 answer for Solana has raised over $20 million in presale funding.
And a few early backers suppose the native SOLX token might see an enormous pump after change listings.
Scaling Solana – How Solaxy’s New L2 Resolution Goals to Increase Speeds
Solana can theoretically deal with as much as 65,000 transactions per second, however when hype kicks in – like with a brand new meme coin launch – the community can nonetheless develop into clogged.
Solaxy’s group desires to unravel this situation completely.
They need to add an additional “lane” to Solana, which would cut back the computational load on the primary chain.
So, as a substitute of each transaction competing for house, Solaxy processes them off-chain, bundles them collectively, after which settles them again on Solana.
The result’s sooner speeds, decrease charges, and a greater consumer expertise.
Solaxy’s native token, SOLX, powers this ecosystem.
It will likely be used for fuel charges, staking rewards, governance, and extra.
It’ll even be a part of Solaxy’s multi-chain bridge that’s planning to attach the Ethereum and Solana ecosystems.
Not solely will this give customers entry to Ethereum’s liquidity, however it would additionally allow them to profit from Solana’s speeds.
The hype round this use case is rising by the day.
And now that Solaxy’s Twitter following has handed 68,000 folks, it’s clear the venture is gaining traction on-line.
SOLX Presale Heats Up & Passes $20M Forward of Trade Listings
The thrill surrounding Solaxy has been constructing since its presale kicked off in mid-December.
In simply two months, the venture has raised $20.4 million.
It’s averaging an enormous $300,000 in each day investments – or about $2 million per week.
That form of momentum demonstrates severe investor confidence in Solaxy’s imaginative and prescient for scaling Solana.
Proper now, SOLX tokens are priced at $0.001634 every.
However that value received’t final for much longer, as a scheduled value enhance is ready to happen in lower than 48 hours, including a way of urgency for these nonetheless on the fence.
YouTuber NASS CRYPTO not too long ago referred to as it one of many “high crypto presales” to spend money on proper now.
He even thinks SOLX might “skyrocket” as soon as it hits exchanges.
Solaxy’s group plans to record SOLX on a DEX first, with potential for CEX listings after that if all goes nicely.
Solaxy’s Successful System – Meme Coin Attraction & Actual-World Utility
Solaxy has additionally been constructing credibility behind the scenes.
The venture not too long ago handed a safety audit from Coinsult, boosting investor confidence.
SOLX has even landed a spot on CoinSniper.web’s trending tasks record.
What additionally makes Solaxy so intriguing is the way it mixes two enormous crypto narratives.
On one hand, it has the viral attraction that’s behind many of the meme coin mania we’ve seen in current months.
However not like pure hype performs, Solaxy gives actual utility, tackling a real situation within the crypto house.
This mixture of viral attraction and precise problem-solving might assist it stand out in right now’s market.
And its timing couldn’t be higher.
Hypothesis is ramping up round potential spot Solana ETF approvals this 12 months, which might spike demand for SOL.
If that occurs, the necessity for scaling options (like Solaxy) may rise – placing SOLX in a primary place to profit.
General, issues are wanting up for this new Layer-2 venture, making the SOLX presale an occasion to observe carefully.
Go to Solaxy Presale
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