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Breaking News: Cantor Fitzgerald Projects Major Growth For Hyperliquid (HYPE) In Explosive New Report

Solaxy Launches Presale: How the New Layer-2 Unlocks the Full Potential of Solana

ericdunne519
ericdunne519
Last Updated: December 15, 2024 3:38 pm
4 mins read
Solaxy Launches Presale

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Solaxy is the latest altcoin to win over the crypto market. 

The layer-2 solution addresses the key challenges that have long been plaguing the Solana ecosystem. With better speed and scalability Solaxy steps in to maximize Solana’s potential. 

SOLX, the native crypto of Solaxy, is now available for purchase in its hot presale.

Could Solaxy (SOLX) be the next crypto to pump? Here is an analysis. 

Solana’s Ongoing Network Struggles

True, Solana is one of the world’s most popular blockchains. That doesn’t make it immune to flaws, however. 

Solana continues to struggle with congestion, failed transactions, and scalability challenges. Especially during periods of heavy activity, traders and developers find it difficult to navigate the network.

Solaxy vd Solana

If Solana fails to address these pain points, it will have a difficult time maintaining sustainable growth. 

Introducing Solaxy: The New Solana Layer-2

Here is how Solaxy plans to bring more efficiency to Solana. 

First, it processes transactions off-chain. This is a great way to reduce the burden on a Layer-1 chain, and facilitate faster and smoother processing. 

The second strategy is transaction bundling, where transactions are grouped into batches, optimizing scalability, reducing costs, and enabling high throughput.

Solaxy is New SOL Layer 2

Solaxy does not compromise security for efficiency. Settlement occurs on Solana’s mainnet, tapping into its robust security to finalize bundled transactions.

Here is a sum up of the key features of the layer-2 chain:

  • Better speed: Solaxy outpaces Solana, even during peak activity.
  • Zero downtime: Reliable performance, thanks to off-chain execution.
  • Customizability: Developers can create tailored dApps using Solaxy’s modular infrastructure.
  • Scalability: Supports high-volume applications. That makes it a perfect ecosystem for highly volatile meme coins. The network is capable of handling high transaction volumes. 

In essence, Solaxy combines the strengths of Solana with innovative roll-up architecture. The result? Remarkably better user experience for both developers and end-users.

Stake SOLX to Earn Passive Rewards

To promote long-term token holding, Solaxy has launched a staking system. It is live during the presale phase, allowing investors to put their tokens to work early on. 

Why staking? 

Staking has proven effective in reducing early sell-offs. The notion of passive income encourages investors to hold onto their tokens. That, in turn, supports frictionless price performance over time. 25% of the token supply is set aside for the community. 

The staking rewards, along with presale tokens, can be claimed after the Token Generation Event (TGE). Following the presale, SOLX will debut on major centralized and decentralized exchanges. 

Solaxy tokenomics

The project has set aside 10% of its supply toward exchange listing. 20% goes to the treasury. The tokens are held in reserve, and will be spent in line with the community interests.

The biggest chunk goes to development. It will be used to put Solaxy’s ambitious goal into action. However, utility is not enough to fuel a crypto project, especially in the early phases. 

To build momentum around the project and support the consistent price performance of the token, Solaxy plans to roll out extensive marketing campaigns. 15% of the token supply is set aside for marketing. 

Don’t Miss the SOLX Presale

Solaxy’s ambitious roadmap inspires confidence. 

The full deployment of the Layer-2 solution is planned for Phase 3. Once it goes live, the project will focus on onboarding decentralized apps (dApps) and integrating multichain features. 

With a solution that can transform one of the largest blockchain ecosystems in the world, Solaxy has easily become a top altcoin to watch for 2025. The tangible utility positions it as a top contender for the crypto spotlight. 

The ongoing SOLX presale is the early investment gateway to Solaxy. 

It offers investors a chance to purchase SOLX tokens at discounted prices before they hit the open market. The tokens are sold at lower rates in the presale, with prices increasing as the stages progress. Investors can earn rewards even before the tokens are listed through staking.

SOLX presale participants can purchase tokens using USDT, ETH, BNB, or fiat cards. To ensure investor trust, the token has successfully undergone security audits by Coinsult and Solidproof.

Join the SOLX presale

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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

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

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