Solaxy ($SOLX) has successfully raised $32 million in its token presale for the world’s first Solana layer 2 blockchain.
The Solana ecosystem is heating up right now, with several of this week’s crypto top gainers coming from there. For instance, Solana-based Pudgy Penguins is up 163%, while OFFICIAL TRUMP is up 80% and Bonk is up 57%.
However, as the first Solana layer 2 blockchain, Solaxy has the potential to accrue more value than these meme coins, which could result in bigger gains. So, is Solaxy the best crypto to buy now?
Some experts seem to think it is, especially since the $SOLX presale allows investors to buy in from the ground floor. The current presale price is $0.001708, but this will rise throughout the campaign, with the next increase in under two days.
Solaxy set to eradicate Solana’s congestion issue
Solaxy’s layer 2 blockchain will use transaction bundling and rollup technology to provide cheaper, faster, and more reliable transactional throughput than the Solana main network.
While Solana is known for its high scalability, capable of 6,500 transactions per second (TPS), the network still faces congestion issues in periods of high activity, such as the one we’re currently entering.
Solaxy aims to compute 10,000 transactions per second, making it considerably more scalable than the main network.
With heightened transactional capabilities, developers and users are incentivized to join the Solaxy blockchain, which could translate to substantial $SOLX demand.
The token is required to pay gas fees on the network and will also provide governance and staking rights. Staking is live in the presale and offers a 125% APY, but this will decrease as the staking pool grows.
Expert tips $SOLX for 50x ROI
It’s not just everyday crypto investors showing interest in Solaxy; top industry experts are also getting involved.
For instance, Borch Crypto told his 87K YouTube subscribers that $SOLX is the “best crypto to buy now and could give 50x gains this year.
Similarly, the prestigious Cryptonews YouTube channel hailed Solaxy as a “better version of Solana,” which no doubt nods to the potential for huge gains.
One reason Solaxy is stoking excitement is that while Solana is worth $78 billion, Solaxy has raised $32 million. Although that’s a substantial sum for an early-stage project, it leaves tremendous room for growth, especially considering the value Solaxy provides to Solana.
Solana meme coins and AI are booming – $SOLX to follow?
The Solana ecosystem is once again leading the market’s rally this Monday. Heading the charge is Pudgy Penguins with an incredible 37% daily gain.
Meanwhile, TROLL has gained over 40%, while Just a chill guy is up 32%, FWOG is up 25%, and Fartcoin is up 18%.
Virtuals Protocol, an AI agent launchpad that recently migrated to Solana, has risen 113% this week, and ai16z is up 78%.
At the same time, Solana is gaining prominence in the real-world asset (RWA) space, with multi-trillion-dollar asset managers such as BlackRock and Franklin Templeton moving their tokenized money markets there recently.
It appears that, just like in 2024, the Solana ecosystem will provide massive returns this year.
However, with its current early stage and crucial value proposition, Solaxy could well be among the best performers.
Last chance to buy $SOLX at $0.001708
With less than two days left to buy $SOLX at its current price of $0.001708, potential investors should not wait to get involved.
To buy $SOLX at presale, simply visit the project’s website, connect your wallet, and choose the amount of tokens you want to buy and the crypto you want to pay with.
And prospective investors can rest assured that the project is safe and secure. Smart contract auditor Coinsult tested the project’s code and found no issues.
Solaxy appears to be ticking all the boxes in its presale. While every crypto investment carries risk, everything from expert opinions to smart contract audits indicates that $SOLX is primed for roaring success once it lists on exchanges.
Follow Solaxy on X or join its Telegram for updates. Alternatively, visit its website to buy and stake tokens.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Editor-in-Chief of CoinCentral and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact Oliver@coincentral.com
