Solaxy’s $SOLX presale has been a massive success, raising $350K in the first 24 hours and quickly soaring to $2.85M in just five days. The excitement among crypto investors is palpable as Solaxy plans to build a Layer 2 protocol on Solana, addressing its shortcomings and leveraging its strengths.
Solana has been experiencing high transaction volumes driven by meme coins, leading to congestion and failed transactions. This development is particularly beneficial for meme coin traders as Solana is the primary platform for launching and trading these coins. However, the impact goes beyond Solana, with Solaxy’s multi-chain solution bridging the gap between Ethereum and Solana.
Ethereum’s DeFi ecosystem boasts a total value locked of $131.42B, while Solana follows closely with $14.33B. Investors are eager to purchase $SOLX tokens, anticipating DeFi dominance with the integration of Solaxy’s Layer 2 protocol. This integration promises to enhance liquidity and security by tapping into Ethereum’s strengths.
The $SOLX presale initially launched at $0.001 and has since risen to $0.00157, with a total token supply of 138,046B. Staking rewards are estimated at an impressive 1,239% per annum, making it an attractive investment opportunity. The next price stage is expected to begin soon, reaching the $3.132M mark.
Tokenomics allocation for $SOLX includes 30% for Layer 2 ecosystem development, 25% for early bird rewards, 20% for the project’s treasury, 15% for marketing, and 10% for listing on DEXs and CEXs. Investors can purchase $SOLX with ETH, USDT, credit/debit cards, or BNB. However, using BNB for the presale may result in a loss of annual staking rewards. Card payments require linking a credit card to a crypto wallet, with the Best Wallet app recommended for new investors.
Best Wallet offers a secure, free, and low-fee mobile-only non-custodial wallet, ensuring users have full control over their funds. To secure a spot in the Solana Layer 2 presale, interested parties can visit the official Solaxy website. The meteoric rise of Solaxy’s presale highlights the enthusiasm surrounding the project and its potential to revolutionize the DeFi landscape.
