Solaxy presale raises $4.5m for Solana layer 2 solution, could be next crypto to explode
Release: 2024/12/25 00:04 Reading: 404
Solaxy Presale Gains Momentum, Targeting Solana's Scalability Challenges
Solaxy (SOLX) is gaining traction with its presale, raising over $4.5 million in less than two weeks. The project aims to enhance the user experience on Solana through a scalable Layer 2 solution.
Solaxy's Presale Outperforms Peers
The Solaxy presale has garnered significant investor attention, outperforming similar projects like Pepe Unchained (PEPU), which took over a month to raise the same amount. The project's inclusion in Best Wallet's Upcoming Tokens section has further boosted its visibility.
Addressing Solana's Congestion Issues
Solana faces network overloads and congestion that can result in failed transactions. Solaxy will address these issues by processing transactions in its Layer 2 blockchain, reducing the burden on Solana's Layer 1. This will enhance Solana's scalability and cost-effectiveness.
Community Growth Driven by Investor Security
Solaxy's ambitious goals and upcoming Layer 2 blockchain are supported by a strong focus on community building. The project's roadmap prioritizes marketing, attracting over 22,000 followers across social media channels.
Attractive Staking Rewards
The presale features a dynamic staking rewards model, offering an 859% APY to encourage early adoption. This allows investors to significantly increase their token holdings over time.
Investor Safety Measures
Solaxy emphasizes investor security, with 10% of the total token supply allocated for liquidity and a successful audit by Coinbase. The project aims to create a safe trading environment for its investors.
Potential for Growth
Solaxy's successful presale, robust community, and upcoming Layer 2 solution position the project for potential growth following its DEX launch and the release of its Layer 2 blockchain.
Disclaimer:
This article does not constitute investment advice. Conduct your own research before making any financial decisions.
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