The FOMC announced yesterday that they’re keeping interest rates unchanged at 4.25%-4.50%. They also noted that inflation is still running high, raising their yearly projection to 2.7%, up from the previous 2.5% forecast. Since this news broke, crypto markets have started to climb, though it’s too early to know if this trend will continue.
In other big news, the SEC has decided to drop its appeal against Ripple Labs, ending their four-year court battle over XRP’s classification. Ripple CEO Brad Garlinghouse shared the news on March 19, 2025, calling it a “resounding victory” for both his company and the entire crypto industry.
Finding Opportunity in Penny Cryptocurrencies
Both news events appear positive for crypto, at least in the short term. So what’s the best penny crypto to consider as the broader market prepares for a potential recovery? Solaxy’s SOLX token could be your answer, currently priced at just $0.001668 in its viral crypto presale.
Why viral? Well, it’s one of the most successful ongoing presales in the market with over $27 million raised so far. The launch date is planned in just a few weeks. Solaxy functions as a layer-2 solution for Solana. For comparison, Ethereum’s layer-2 project ‘Pepe Unchained’ experienced an 8x price increase post-launch following its successful presale that raised over $60 million.
Why Is Solaxy The Best Altcoin to Buy Now?
Solaxy is built as a Layer-2 scaling solution that addresses Solana’s network congestion and scalability limitations while improving interoperability with Ethereum. The platform processes transactions off-chain through a rollup-based system before settling them on Solana’s mainnet, which helps reduce congestion, lower fees, and improve transaction finality. Don’t forget also that layer-2 tokens tend to pump during bull runs as layer-1 become too congested.
Solaxy’s platform comes with several important features. It includes a multi-chain bridge that allows users to move assets smoothly between Solana and Ethereum, bringing together Ethereum’s deep liquidity and Solana’s fast transaction speeds.
The system also uses predictive analytics to watch network activity, helping it spot potential bottlenecks before they happen and keep things running smoothly during busy periods. For security, Solaxy maintains Solana’s built-in Layer-1 protections while also getting additional security checks from audit firms like Coinsult.
The way Solaxy works is pretty straightforward. First, users lock up their assets on the original chain, such as Ethereum. Then, equivalent synthetic assets are created on the destination chain, like Solana. To ensure everything is legitimate, zero-knowledge proofs verify all transactions across the different chains. Finally, transactions are grouped together and settled on Solana’s mainnet about every two minutes. This process makes cross-chain interactions both secure and efficient.
One of Solaxy’s standout advantages is its fee structure. Cross-chain swaps cost about 80% less than native bridge alternatives, with transaction fees as low as $0.0001 compared to Solana’s average of $0.005. The platform also features smart contract mirroring, which deploys compatible contracts on both chains to enable cross-chain decentralized application functionality.
With these substantial utility features behind it, this penny cryptocurrency has everything it needs at this point to be the next big altcoin in 2025. Currently, it’s only available through the official presale website at its discounted price.
Read also: We Asked AI to Predict Which Altcoin Is the Better Pick Now – XCN or Solaxy (SOLX)
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