Solaxy (SOLX) Presale Raises $2.2 Million In Solely 4 Days

The Solaxy (SOLX) token presale is promoting like hotcakes, elevating $2.2 million in simply its first 4 days at a run charge 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 business. Traders like what they see.

Quickly, because of Solaxy, the problems which might be limiting Solana’s means to totally understand its scalability potential may very well 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 may very well be the lowest-ever value for a $SOLX token. 

Use Finest Pockets To Purchase And Stake $SOLX 

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

Finest Pockets has an revolutionary Upcoming Tokens function that allows buyers to shortly discover alternatives to purchase new promising cash early to maximise income. 

You possibly can simply and securely purchase and stake $SOLX by way of Finest Pockets. Due to Solaxy’s partnership with Finest 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 at present and you’ll earn 1,523% every year rewards. Keep in mind although that the yield is calculated dynamically, lowering 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 Greatest Blockchains: Solana And Ethereum

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

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

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

Based on data site DeFiLlama, Ethereum has a complete worth locked of $76.8 billion, approach 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 very best of each worlds, enhancing the pace 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 at present.

Solaxy Is A Recreation-Altering Resolution For Solana Congestion

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

Based on 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 handle that DappRadar is monitoring over a time frame. 

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

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

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

Layer 2 chains like Solaxy work by batching transactions off the Layer 1 predominant chain after which selecting there at a later date by making one name as a substitute 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 principle chain as the bottom settlement layer. Solaxy will have the ability to help the event of all types of purposes, as well as, after all, 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 implies a flood of liquidity will probably be headed Solaxy’s approach.

Solaxy’s market-leading place as the one Solana Layer 2 makes it well-placed to be the subsequent $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 may very well be such that it launches with a 100x bang. That’s definitely the pondering of 1 99Bitcoins crypto analyst:

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

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

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

One other venture within the Finest 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 Finest 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 supplies.

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 purposes in a performant vogue.

In case you are searching for the right funding in crypto earlier than the altcoin season begins, Solaxy is likely one of the greatest alternatives accessible.

The one-of-a-kind venture 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.

Be in contact with the Solaxy venture by becoming a member of its group on Telegram or X.

Visit the Solaxy crypto presale website