Less than a year ago, 75% of transactions on the Solana (SOL) Network were failing. This problem led to many discussions in crypto groups, where users shared their frustration about wasted time. Now, a solution is on the way: the Nollars Network (NOLA), a new mainnet that will launch later this year.
What is Nollars Network exactly?
The Nollars Network, originally dubbed the “Solana Killer,” has pivoted its focus to serve as a “Solana Healer.” Rather than competing with the Solana blockchain or other mainnets, the Nollars Network features an IES Layer-2 blockchain designed to enhance the efficiency of cross-chain transactions, effectively reducing delays and preventing failures.
This innovative platform will also be the facilitator of seamless swapping of Solana (SOL) coins and SPL tokens with Ethereum (ETH) and ERC-20 tokens, alongside other blockchains, promoting a smoother and more integrated transaction experience.
Reducing risk of slippage
The Nollars Network aims to significantly enhance the efficiency of cryptocurrency transactions, focusing on both the speed of buying and selling and the accuracy of market pricing. By streamlining transaction processes, the network ensures that investors can execute trades promptly, which is crucial in the highly volatile crypto market. This improvement reduces the risk of slippage, allowing users to secure the actual market price at the moment of their trade, thus minimizing potential losses that can occur due to delays in processing.
Lowering Transaction Fees
Additionally, the Nollars Network is committed to lowering transaction fees on its IES Layer-2 mainnet. By doing so, it enables users to save on costs associated with trading, making it more economical for both casual investors and active traders alike. This combination of quicker processing times and reduced fees positions the Nollars Network as a more attractive option for those looking to optimize their trading experience in the cryptocurrency ecosystem.
Token Presale Price
Transactions within this network will leverage the $NOLA token, the native cryptocurrency of the Nollars Network. Currently in its token presale phase, $NOLA is being offered at $0.50, with a scheduled launch on crypto exchanges in May at an introductory price of $0.83.
New dAPP
Beyond its Layer-2 capabilities, the Nollars Network plans to introduce a decentralized crypto exchange for cross-chain transactions, branded as the “Noladex,” which is expected to launch later this year.
Total Token Supply
With a total supply of only 15 million tokens, the $NOLA token is scarcer than Bitcoin (BTC), positioning it to potentially increase in value due to heightened demand. Recent trends show that searches for “Nollars” have surpassed those for Shiba Inu (SHIB), Bonk Inu (BONK), and Solana (SOL), likely driven by the token’s limited supply and anticipated long-term utility. Price forecasts suggest that $NOLA could reach up to $1300 if the user base reaches 1.2 million on its mainnet.
How To Buy
As interest in the Nollars Network grows, many investors are turning to this project as one of the top presale opportunities of January 2025. The Initial Coin Offering is nearing the 100,000 presales mark, with purchases possible through Ethereum (ETH), Tether (USDT), or credit cards.
Presale Prices Will Increase
The $NOLA token, currently available for $0.50, is poised for incremental price increases throughout ten rounds of presale until May, projected to rise by approximately 10% at each increase.
[…] connectivity issues, slow transaction speeds and incomplete transactions that plagued networks like Solana. This capability is expected to position Nollars’ network as an interesting player in crypto […]