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Breaking News: Zcash Foundation Investigation Closed: SEC Decision Sparks 12% Jump In ZEC Price

Solaxy Game-Changing Layer 2 Solution Is Transforming Solana Ecosystem and Offering Presale Earnings 

ericdunne519
ericdunne519
Last Updated: December 17, 2024 4:42 pm
3 mins read
Solaxy Game-Changing Layer 2 Solution

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There is a buzz in the crypto world right now, and it is about Solaxy, the crypto project that was able to raise more than $350k within 24 hours of its presale. This is because of the major solution it is offering to the problems of Solana.

This breakthrough Layer 2 solution is tackling Solana’s biggest headaches head-on, from those frustrating network jams to failed transactions. Think of it as Solana’s much-needed upgrade—keeping everything people love about the SOL chain while fixing what’s been giving them issues.

Breaking New Ground in Blockchain Speed

Remember when Solana first launched? It was like nothing we’d seen before—fast and cheap. But even the best runners hit their wall, and Solana’s been having network issues whenever the traffic on the chain gets heavy. 

That’s where Solaxy steps in. It’s not just patching up the problems; it’s rebuilding the entire system—creating a platform that is more scalable than Solana, while also maintaining the ease of transactions. Solaxy keeps things flowing smoothly even when the network is very busy.

Transactions are grouped into batches and processed together, which optimizes scalability, reduces costs, and enables high throughput. This method is crucial for handling high-volume applications and reducing network congestion.

The team behind Solaxy has paid attention to the pattern of growth in crypto, particularly how meme coins have taken over Solana’s ecosystem. Instead of fighting this trend, they’ve embraced it, creating a platform that handles the issues caused by heavy volumes in meme coin trading without disrupting the Solana ecosystem flow.

From Ancient Wisdom to Modern Innovation

From Ancient Wisdom to Modern Innovation

Solaxy draws inspiration from history’s greatest minds. Just as Pythagoras gave us the building blocks of geometry, and Tesla lit up our world with electricity, Solaxy is laying down new foundations in blockchain tech. They’re not just following the playbook—they’re writing a new one.

While Solana has had its share of embarrassing outages during peak times, Solaxy’s architecture just keeps the flow. It’s like they have multiple backup operators that keep the lights on no matter the issue.

The project also has strong plans for growth. These also cover its token distribution pattern. With 138 billion SOLX tokens in total, they have spread a solid chunk—30% goes to improving the tech and continuously carrying out upgrades on the platform. 25% of the total supply is also going into rewarding the early supporters in the ongoing presale.

20% will be for the treasury held in reserve for some other purposes. 15% will go into marketing funds to spread the word about Solaxy and make as many people as possible join the ecosystem. 10% will also work for liquidity on exchanges during listings.

Staking rewards on the platform are high—around 4249% per annum. However, the rewards are flexible—they are adjusted based on how many people are staking, which helps keep things sustainable.

How to Buy Solaxy (SOLX) in the Present Presale

The project has started with a presale that gives early birds the best prices, plus the chance to stake their tokens right from the get-go. Once that wraps up, they’re heading straight for exchange listings. The SOLX token will be listed on both centralized and decentralized exchanges.

Getting in on the action is straightforward. Get a compatible wallet (most of the popular ones, like Metamask, Best Wallet, Trust Wallet, and Coinbase Wallet, work fine). You must load up the wallet with ETH, BNB, or just use your card. You can stake your tokens right away and start earning passive rewards.

Solaxy feels like the right solution at the right time. Solana’s been crying out for something to help it handle its growing issues, and this could be it. The tech makes sense, the economics look solid, and most importantly, it solves real problems that are frustrating real users.

As blockchain tech keeps pushing forward, solutions like this could be what helps take it mainstream. They’re not just thinking about fixing today’s problems; they’re building for a future where blockchain isn’t just for crypto traders but for everyone.

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ericdunne519
ericdunne519

ericdunne519

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

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Created by industry experts and meticulously reviewed
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