Emily Walker
The $SOLX token from Solaxy’s Layer-2 has successfully raised $7 million through its presale, driven by its intent to create a blockchain that effectively addresses issues currently faced by Solana.
With Solaxy’s Layer-2 token increasing in value at every milestone, now presents a perfect opportunity for investors. The token is currently priced at its lowest point of $0.001584, so securing some before it rises to $0.001586 in January is advisable.
If you take advantage now, you can access annual staking rewards of 533%. Such attractive offerings explain why 2,159,104,834 $SOLX tokens have been staked since the presale launched just two weeks ago.
Combining the Best of Solana and Ethereum
The early achievements of the $SOLX token reflect strong investor confidence in its potential. Notably, 30% of the total token supply (138,046 billion) is allocated to network development, which further boosts trust in the project.
As a multi-chain token, Solaxy enhances asset transfers between blockchains, leveraging the strengths of both Ethereum and Solana.
Ethereum is known for its high security and liquidity, while Solana excels in handling high-frequency transactions and decentralized applications.
By merging these two ecosystems, Solaxy improves user experiences and enables the development of multi-chain applications previously unsupported.
Addressing Solana’s Limitations
Today, Solana stands as the third-largest blockchain network with a substantial $6.28 billion total value locked (TVL).
Despite its speed, capable of handling 71,000 transactions per second, even its developers acknowledge significant challenges: congestion, spam, failed transactions, delays, and scalability issues. An alarming 70% of non-voting transactions fail when the network is under heavy load.
Solaxy aims to rectify this with a Layer-2 solution that streamlines transaction processing and alleviates network congestion. It does so by offloading portions of the blockchain’s duties, enhancing Solana’s reliability, speed, and scalability while restoring user confidence.
These factors, among others, lead crypto enthusiasts like YouTuber ClayBro to forecast substantial growth for $SOLX.
Acquire $SOLX Before Upcoming Price Increase
Wise investors should consider purchasing now while the price of Solaxy’s Layer-2 token is at its minimum ahead of a price increase scheduled in one day and five hours.
Purchasing $SOLX is simple. Just visit the official Solaxy.io website or download Best Wallet to utilize the wallet’s innovative ‘Upcoming Tokens’ feature.
By doing so, you’ll join a transformative ecosystem that addresses some of Solana’s key challenges and paves the way for the next generation of altcoins.
For more insights into this project, follow Solaxy on X and Telegram.
Start your journey with the Solaxy Layer-2 token today.
Disclaimer: This content does not constitute financial advice. Always conduct your own research before investing and only invest what you can afford to lose.