This New Solana Presale Raised $16 Million, Ends Soon – Next Big Crypto?

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This New Solana Presale Raised $16 Million, Ends Soon - Next Big Crypto?

Solaxy ($SOLX) has seen overwhelming demand in its token presale, raising over $16.31 million to build the first-ever Layer 2 (L2) blockchain on the Solana network.

The project continues to attract strong interest, with $SOLX playing a key role as the network’s native token for transaction fees.

As Solana’s popularity has surged, network congestion has sometimes caused transaction failures and delays, particularly during high-traffic events like NFT drops and DeFi activities.

To address this, Solaxy introduces an L2 scaling solution that processes transactions off the main Solana blockchain, easing network strain. By using rollup technology to batch and compute transactions off-chain, Solaxy boosts transaction capacity while maintaining or even enhancing processing speed.

Early investors looking to participate can buy SOLX at solaxy.io during its presale at the current price of $0.001618. Enthusiasts following off-chain transaction solutions are closely watching its progress, with the next price increase scheduled for Jan. 30.

https://x.com/SOLAXYTOKEN/status/1884687231497216180

Dual-Chain Strategy Strengthens Solaxy’s Future

If Solaxy delivers on its promise to enhance transaction speeds, reduce costs, and drive growth among developers and users on Solana, the value of a $SOLX could multiply by 100 times. As the project expands and gains momentum, its price has the potential for significant growth.

When demand on Solana spikes, transaction fees increase, making small transactions less practical and limiting accessibility for cost-sensitive users.

Solaxy tackles this issue by shifting most transaction processing off-chain, significantly reducing costs for both developers and users. This makes the network more viable for applications that rely on low fees, such as micro-payments and gaming.

In addition to its role on Solana, $SOLX operates as an ERC-20 token on Ethereum, allowing it to tap into Ethereum’s deep liquidity and broad investor base.

By launching $SOLX on both networks, Solaxy enhances interoperability, enabling seamless asset transfers while also leveraging Ethereum’s extensive DeFi ecosystem.

Stake $SOLX and Earn Over 200% Annual Returns

Investors staking their $SOLX tokens can earn an annual return of 240% at the time of writing, making it a highly attractive opportunity.

Rewards are calculated per ETH block, with 4,377.4 SOLX distributed at each block. The staking program will run for three years, and investors can claim their accumulated rewards once the claim function becomes available.

Solaxy ($SOLX) follows a well-structured tokenomics model that supports ecosystem growth while incentivizing early adopters. With a total supply of 138.046 billion $SOLX, the allocation is strategically designed to ensure long-term sustainability.

30% of the supply is allocated to development, funding Solaxy’s expansion and technological advancements. 25% is set aside for rewards, offering 240% staking incentives to early supporters who help secure the network, making it an attractive option for passive income.

The treasury holds 20%, acting as a financial reserve for future initiatives and maintaining stability. 15% is allocated to marketing, driving brand awareness and adoption through promotional efforts. The remaining 10% is reserved for exchange listings, ensuring liquidity and easy access for investors looking to trade $SOLX.

Newest Solana Presale Ends Soon

With the growing need for functional blockchain infrastructure, Solaxy is taking the lead in expanding Solana’s long-term ecosystem. By focusing on sustainability and efficiency, the project is setting the stage for the next wave of blockchain adoption.

To buy $SOLX, users need to visit the Solaxy website and connect a multichain-compatible wallet like Best Wallet, which supports both Solana and Ethereum transactions. However early investors only have a limited time window to take part as the SOLX price rises incrementally and is expected to end its presale stage as soon as February.

For the latest updates and community discussions, join Solaxy’s official channels on X and Telegram.

Visit Solaxy Presale Here

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