First Solana Layer-2 Project Solaxy Crosses $20M in Presale Funding – Next Crypto to Pump?

Solana is without doubt one of the greatest blockchains on the planet – however community congestion continues to be an enormous problem.

That’s the place Solaxy (SOLX) is available in.

This new Layer-2 resolution for Solana has raised over $20 million in presale funding.

And a few early backers suppose the native SOLX token might see a large pump after change listings.

Scaling Solana – How Solaxy’s New L2 Resolution Goals to Increase Speeds

Solana can theoretically deal with as much as 65,000 transactions per second, however when hype kicks in – like with a brand new meme coin launch – the community can nonetheless turn into clogged.

Solaxy’s group needs to resolve this problem completely.

They need to add an additional “lane” to Solana, which would cut back the computational load on the principle chain.

So, as a substitute of each transaction competing for house, Solaxy processes them off-chain, bundles them collectively, after which settles them again on Solana.

The result’s sooner speeds, decrease charges, and a greater person expertise.

Solaxy’s native token, SOLX, powers this ecosystem.

It is going to be used for gasoline charges, staking rewards, governance, and extra.

It’ll even be a part of Solaxy’s multi-chain bridge that’s planning to attach the Ethereum and Solana ecosystems.

Not solely will this give customers entry to Ethereum’s liquidity, however it can additionally allow them to profit from Solana’s speeds.

The hype round this use case is rising by the day.

And now that Solaxy’s Twitter following has handed 68,000 folks, it’s clear the challenge is gaining traction on-line.

SOLX Presale Heats Up & Passes $20M Forward of Change Listings

The thrill surrounding Solaxy has been constructing since its presale kicked off in mid-December.

In simply two months, the challenge has raised $20.4 million.

It’s averaging a large $300,000 in every day investments – or about $2 million per week.

That type of momentum demonstrates severe investor confidence in Solaxy’s imaginative and prescient for scaling Solana.

Proper now, SOLX tokens are priced at $0.001634 every.

However that worth gained’t final for much longer, as a scheduled worth enhance is about to happen in lower than 48 hours, including a way of urgency for these nonetheless on the fence.

YouTuber NASS CRYPTO lately referred to as it one of many “high crypto presales” to put money into proper now.

He even thinks SOLX might “skyrocket” as soon as it hits exchanges.

Solaxy’s group plans to listing SOLX on a DEX first, with potential for CEX listings after that if all goes properly.

Solaxy’s Profitable Components – Meme Coin Enchantment & Actual-World Utility

Solaxy has additionally been constructing credibility behind the scenes.

The challenge lately handed a safety audit from Coinsult, boosting investor confidence.

SOLX has even landed a spot on CoinSniper.net’s trending initiatives listing.

What additionally makes Solaxy so intriguing is the way it mixes two large crypto narratives.

On one hand, it has the viral enchantment that’s behind many of the meme coin mania we’ve seen in current months.

However not like pure hype performs, Solaxy presents actual utility, tackling a real problem within the crypto house.

This mixture of viral enchantment and precise problem-solving might assist it stand out in in the present day’s market.

And its timing couldn’t be higher.

Hypothesis is ramping up round potential spot Solana ETF approvals this yr, which might spike demand for SOL.

If that occurs, the necessity for scaling options (like Solaxy) might also rise – placing SOLX in a major place to profit.

General, issues are wanting up for this new Layer-2 challenge, making the SOLX presale an occasion to look at intently.

Visit Solaxy Presale

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