Solana To Get Its First Layer-2: Solaxy (SOLX) Presale Rapidly Raises $8 Million

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As the crypto market prepares to build on its 2024 momentum in 2025, investors are now diversifying into new yet promising altcoins. Among all new asset classes available, one that seems to be gaining heavy attention is Solaxy – the world’s first Layer-2 chain on Solana.

What Is Solaxy (SOLX) Token?

Solaxy aims to become the first-ever Layer-2 project in Solana’s ecosystem. This means that it will not run directly on Solana’s Layer-1 blockchain, but rather, it will create its own side chain.

The main advantage of this is that it will be able to bypass some of the issues that have been plaguing Solana’s main chain, such as network congestion. While Solana was launched as a direct competitor of Ethereum, meant to be faster and cheaper to use, it often experiences network outages, especially during peak cycles.

Solaxy plans to address this problem through its native Layer-2 chain. At the same time, it will keep, and even amplify Solana’s strengths, such as high speeds and low fees, potentially becoming one of the fastest, cheapest, and most efficient meme coins in the SOL ecosystem.

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In fact, the project was designed to be a multi-chain crypto, and as such, it will run both on Solana’s and Ethereum’s networks. This puts it in a unique position, not only because of its benefits but also because it will act as a bridge between the two ecosystems. Solana was built for speed and cheap transfers, while ETH has the most liquid ecosystem in the entire industry, accompanied by a massive DeFi and asset tokenization community.

Solaxy will be able to delve into both of these ecosystems and their sectors, and the increased speed, power, and scalability will make it a perfect solution for meme coin traders seeking to maximize the benefits of both blockchains.

Solaxy ICO Explodes Within Weeks From Presale Launch

Solaxy launched its presale only a few weeks ago. However, it immediately took off, raising close to $8 million from early buyers.

Its promise of improving the conditions that many have already gotten used to in the SOL ecosystem has inspired a massive wave of purchases, and even the whales are starting to pay attention to the project’s ICO.

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Its price currently sits at $0.001588 per one SOLX token, which can be purchased with ETH, USDT, BNB, or credit/debit cards, for those who prefer to use fiat currencies. However, like most ICOs, the project will see scheduled price increases for its token as the presale progresses through different stages.

It is also worth noting that the project has already attracted the attention of crypto influencers, including ClayBro, a major crypto YouTuber with over 134k subscribers. ClayBro seems extremely optimistic about the new project, stating that it could become the biggest Solana token ever and that it might have 100x potential.

This is certainly worth keeping in mind if you are weighing your options, as major crypto experts seem to be more optimistic about its growth potential ahead of the next bull cycle.

Visit Solaxy Presale


Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of CryptoTotem, nor is it intended to be used as legal, tax, investment, or financial advice. The author or the publication does not hold any responsibility, directly, or indirectly, for any damage or loss caused or alleged to be caused by or connected with the use of or reliance on any content, goods or services mentioned in this article. Readers should conduct their own research before taking any actions related to this company.

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