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Home»DeFi»Solaxy combines the strength of Ethereum with the speed of Solana for DeFi domination
DeFi

Solaxy combines the strength of Ethereum with the speed of Solana for DeFi domination

December 21, 2024No Comments
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It’s been less than a week since the $SOLX presale launched, but Solaxy’s the native token takes no prisoners. After raising $350,000 in the first 24 hours, just five days later that amount skyrocketed to $2.85 million.

Crypto investors are clearly excited about Solaxy’s plan to create a layer 2 protocol that will build on top of Solana, integrating all of its good elements and vastly improving where it failed.

Solana’s very high transaction volumes (178.75 million in the last seven days, according to DappRadar) are primarily powered by meme coins and have led to congestion issues and failed transactions.

That’s why this is great news for crypto investors, especially those trading meme coins. Solana is, after all, the platform on which the majority of meme coins are launched and traded. But it’s not just Solana who is ready to score.

Powered by $SOLX, Solaxy's Layer 2 Protocol is Attracting Much Investor Attention
Powered by $SOLX, Solaxy’s Layer 2 Protocol is Attracting Much Investor Attention

As a multi-chain solution, Solaxy will bridge this critical gap between the big guys in blockchain – Ethereum and Solana. And that means making the most of the high liquidity and security that Ethereum’s DeFi ecosystem brings.

Ethereum and DeFi go hand in hand, with a total value locked of $131.42 billion. That said, Solana is also a key player in the DeFi space – second only to Ethereum, with a total value locked of $14.33 billion. And this is one of the main reasons why investors are rushing to buy $SOLX – Challenge domination is imminent.

Solana’s DeFi TVL. Source: DappRadar
Solana’s DeFi TVL. Source: DappRadar

If you want to secure your place in the first Solana Layer 2 presale, visit the official Solaxy website now.

Solaxy meteoric presale is on fire

The $SOLX presale launched at $0.001. But that was a week ago and the price has now risen to $0.00157. And, with a total token supply of 138,046 billion, staking rewards are currently estimated at an impressive 1,239% per year.

The next price stage begins tomorrow in less than 10 hours, when the $SOLX prize pool is expected to reach the $3.132 million mark.

As for $SOLX tokenomics, 30% was allocated to the development of this very important layer 2 ecosystem, and 25% to early bird rewards. The remaining amount is divided between project treasury (20%), marketing (15%) and the listing of $SOLX on DEXs and CEXs (10%).

How to buy $SOLX

$SOLX can be purchased with $ETH, $USDT and via credit or debit card. $BNB is another payment option. But be careful, you will lose the annual staking rewards if you choose to purchase $SOLX presale with $BNB.

As for the card payment option, you will need to link your credit card to a crypto wallet before making a transaction. The Solaxy site recommends that potential investors who do not yet have a crypto wallet download the Best wallet app.

Best Wallet is a good choice: it’s free, secure, and offers lower transaction fees. And, best of all, it is a non-custodial wallet in the form of a mobile-only app. Unlike many other crypto wallets owned by exchanges or centralized companies, Best Wallet gives users full and exclusive control over their wallet.



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Previous ArticleFortuneExclusive: Tokenization startup Plume secures $20 million in funding to create a real-world asset finance ecosystem. Plume’s blockchain allows users to invest and trade real-world tokenized assets.
Next Article CoinDeskBTC, DOGE News: DOGE Price Drops 11% as BTC Darkens Festive Mood. We believe the root cause of this morning’s crash is overly bullish market positioning,” QCP traders said in a Friday note.

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