Join our Telegram channel to stay up to date with the latest news
Solaxy ($SOLX) shattered market expectations by surpassing $7 million in funds raised during its presale in less than two weeks.
This marks a big step forward for the first-ever Layer 2 solution built on Solana.
As the demand for $SOLX increases, its value is likely to increase. But don’t miss its current price: the $SOLX token is available for $0.001584.
However, the presale price stands at $0.001586 when the clock finishes counting down today, so potential buyers should act quickly to reach the lowest available entry point.
The token also serves as a gateway to staking rewards of 550% per year. More than 2 billion $SOLX tokens have been staked since the presale began two weeks ago. The total supply of Solaxy tokens is 138 billion.
$SOLX token rewards are distributed at a rate of 4377.4 $SOLX tokens per ETH block. They will be disbursed over three years and can be claimed once the symbolic pre-sale claim is posted online.
Will Solaxy transform how developers and traders interact with Solana and Ethereum?
The $7 million pre-sale figure reflects investors’ strong confidence in the project’s vision to improve Solana’s performance while connecting it to Ethereum’s liquidity-rich ecosystem.
One of the most notable features of Solaxy is its ability to seamlessly integrate with Solana and Ethereum.
This multi-chain approach exploits the strengths of each blockchain. While Solana is ideal for high-frequency trading and decentralized applications, Ethereum offers unparalleled liquidity and security.
By creating a bridge between these two ecosystems, Solaxy allows users to effortlessly transfer assets across chains.
This integration not only improves user experience, but also opens the door to new multi-chain applications that were previously inaccessible.
Solaxy solves Solana bottlenecks
Solaxy was designed as a response to the ongoing challenges facing the Solana network. Its popularity as a platform for launching meme coins and other high-volume transactions has led to increased congestion. Spam transactions, often orchestrated by bots, clog the network, leading to failed transactions and delays.
Additionally, despite its reputation for speed and cost-effectiveness, Solana struggles to scale during peak usage periods. Up to 70% of non-voting transactions fail during these periods.
Although Ethereum dominates DeFi activity, its scalability limitations hinder seamless interaction with other blockchains like Solana.
Solaxy addresses these challenges by introducing a Layer 2 solution that optimizes transaction flows and reduces congestion.
Solaxy alleviates network tension. By offloading some of the network workload, this ensures that Solana remains fast, reliable and scalable.
So, with fewer failed transactions, users can trust the network for critical operations.
Solaxy gets support from crypto YouTubers
Solaxy is setting a precedent for what is possible in blockchain innovation.
With the support of well-known figures like ClayBro and nearly 20,000 followers on social media, Solaxy has piqued the interest of cryptocurrency fans around the world.
How to join the $SOLX presale
The current pre-sale phase provides investors with a unique opportunity to acquire $SOLX tokens at their lowest price before subsequent price increases take effect.
You can purchase $SOLX on the Solaxy.io homepage or through the “Coming Soon” feature in the new, fast-growing Web3 crypto wallet, Best Wallet.
With its innovative Layer 2 solution solving critical problems on one of the fastest growing blockchain networks, Solaxy makes a compelling case for long-term growth.
For the latest updates on the project, connect with the $SOLX community on X and Telegram
Visit the SOLX presale website.
Newest ICO Coin – Wall Street Pepe
- Audited by Coinsult
- Early Access Presale Cycle
- Private Trading Alpha for the Army $WEPE
- Staking Pool – High Dynamic APY
Join our Telegram channel to stay up to date with the latest news
Source link