With Solana now on its fifth anniversary, the blockchain ecosystem is witnessing the emergence of a new Layer 2 solution designed to enhance scalability and efficiency.
Solaxy (SOLX), a highly anticipated Layer 2 network, is preparing for its launch and has the potential to deliver remarkable gains, with speculation of a 100x increase in value in the coming weeks.
Solaxy Presale Approaching $28 Million as Investors Bet on Solana’s First Layer 2
Solana launched in 2020 and quickly emerged as Ethereum’s top competitor. Now, Solaxy plans to enhance the blockchain’s capabilities even further.
Solaxy’s presale has already raised $27.8 million, offering early investors an entry point at just $0.001674 per token before the official exchange listing. Acquiring $SOLX is simple. Investors can purchase tokens through a crypto wallet using $ETH, $USDT, $BNB, or $SOL.
It supports various wallets, including the Best Wallet app. For those looking for a secure storage option, Best Wallet provides a strong solution. This non-custodial, anonymous Bitcoin wallet eliminates the need for KYC verification and offers global accessibility.
With a user base exceeding 500,000 and potentially surpassing one million, Best Wallet includes a robust portfolio management system that helps users track and organize their holdings efficiently.
Source – 99Bitcoins YouTube Channel
Best Wallet also features a launchpad for emerging tokens, giving investors early access to promising projects. A well-structured roadmap highlights the team’s dedication to innovation and long-term sustainability in the crypto space.
$SOLX has a total supply of 138 billion tokens, strategically distributed across development, liquidity, staking rewards, and community incentives to ensure long-term growth.
With strong fundraising momentum, Solaxy aims to secure listings on major centralized and decentralized exchanges, increasing market accessibility and liquidity while driving adoption and demand for $SOLX.
Why Solaxy Could Be Solana’s Biggest Layer-2 Solution
Solaxy is introducing the first Layer-2 solution designed specifically for the Solana ecosystem. The project aims to ease network congestion by processing transactions off-chain before bundling and finalizing them on Solana’s mainnet.
This approach helps lower transaction failure rates and reduce gas fees, making the platform more efficient, especially during high-volume trading periods. Solana’s recent struggles highlight the urgent need for a scaling solution, and Solaxy directly addresses this issue, increasing its market relevance.
The project is also focusing on blockchain interoperability. Future development phases include launching a bridge between Solana and Ethereum, expanding opportunities for decentralized applications (dApps), NFT platforms, and gaming.
Source – Solaxy Twitter
Additionally, a cross-chain bridge between Ethereum and Solana will enable seamless token transfers between the two ecosystems, which could prove beneficial if Ethereum faces congestion issues.
Solaxy also introduces a high-yield passive income program with an annual percentage yield (APY) of up to 146%. Since the APY is dynamic, early participants secure the best rewards.
Over 7.8 billion $SOLX tokens are already locked into the passive income protocol, promoting long-term holding and discouraging early sell-offs.
As a Layer-2 solution focused on enhancing Solana’s scalability, efficiency, and performance, Solaxy (SOLX) presents a compelling investment opportunity.
With a strong roadmap, attractive staking incentives, and growing market anticipation, $SOLX has the potential to become a major player in the Layer 2 space. With the token generation event and exchange listings approaching, investors should keep a close watch on the project’s developments.
