The Solaxy ($SOLX) presale is gaining significant traction. Contributions are currently standing at $15.3 million, rapidly closing in on the $16 million mark.
The surge in momentum comes in the wake of network congestions on Solana ($SOL), triggered by a spike in activity following the launch of Trump-themed meme coins last week.
The events highlighted both the immense potential of the Solana blockchain and the pressing need for scalable solutions, placing Solaxy in the spotlight as a game-changing innovation to address these challenges.
As the first-ever Layer-2 scaling solution for Solana, Solaxy aims to enhance the network’s capacity and performance, paving the way for $SOL to unlock even greater value.
With a presale price of just $0.001616, $SOLX offers early investors an opportunity to participate in a highly promising project poised to redefine Solana’s scalability.
https://twitter.com/SOLAXYTOKEN/status/1883504044318327106
Solana reached a new all-time high of $293 on January 19, driven by the introduction of $TRUMP and $MELANIA tokens ahead of Donald Trump’s inauguration. Together, these meme coins soared to a peak combined valuation of $16.4 billion.
While the excitement boosted Solana’s visibility, the network faced significant congestion, underlining the need for enhanced scalability.
Solaxy’s Layer-2 solution is positioned to fill this gap, providing the infrastructure needed to support Solana’s continued growth. Analysts suggest that with Solaxy’s improvements, $SOL could experience unprecedented price surges.
One noteworthy development this week was a major $SOL options block trade on Deribit, executed via the OTC network Paradigm.
The trade speculates on a 60.3% price increase, with $SOL projected to hit $400 by February.
If these predictions hold, Solaxy’s improvements could play a key role in helping Solana manage its increased activity and achieve these ambitious targets.
Solaxy addresses the ongoing congestion issues on Solana by offering a Layer-2 chain designed to enhance stability and capacity, particularly during high-demand periods like the recent surge in activity around $TRUMP and $MELANIA tokens.
Solaxy seeks to make Solana even more attractive for developers and traders by reducing transaction failures and improving scalability.
Known for its fast transaction speeds and low costs, Solana has become a popular platform for meme coin launches.
Solaxy builds on these strengths, enabling a smoother and more efficient user experience. This symbiotic relationship between Solana and Solaxy could lead to parallel growth, with improvements to the main chain fueling the success of the Layer-2 solution.
Crypto influencer ClayBro has highlighted how the heightened demand for $TRUMP and $MELANIA has driven Solaxy’s fundraising success, underscoring the market’s enthusiasm for the project.
Participating in Solaxy’s presale is straightforward and positions contributors to benefit from its integration into the Solana ecosystem.
Investors can join the presale by visiting the Solaxy website, where they can connect their wallets and purchase $SOLX tokens directly using SOL.
Alternatively, investors can use Best Wallet, a next-generation multichain wallet designed for the evolving crypto market.
Supporting both Ethereum and Solana, Best Wallet offers enhanced functionality, including low transaction fees, seamless integration across multiple blockchains, and tools like a project screener to identify high-potential investments.
Additionally, the wallet’s “Upcoming Tokens” screener features Solaxy, recognizing it as a high-potential project likely to succeed once listed on exchanges.
For Best Wallet users, acquiring $SOLX is a seamless process directly within the app.
Join the growing Solaxy community on X and Telegram to stay updated on the project’s progress and future developments.
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