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Cryptocurrency News Articles
As Bitcoin reclaims the $80K range, cryptocurrency investors are turning their attention to Solaxy (SOLX)
Mar 13, 2025 at 12:34 am
Industry analysts are suggesting that Solaxy could potentially outperform established cryptocurrencies like Solana and XRP in 2025.
Cryptocurrency investors are turning their attention to Solaxy (SOLX) as the project aims to create the world’s first Solana Layer-2 blockchain, designed to enhance the popular network’s scalability and user experience.
The project has already raised nearly $26 million in its ongoing presale, with industry analysts suggesting that the project could potentially outperform established cryptocurrencies like Solana and XRP in 2025.
While Solana and its ecosystem delivered significant gains throughout 2023 and 2024, and XRP provided 5x returns in December 2024 alone, experts are now focusing on Solaxy’s exceptional growth potential.
As a new project still in its early stages, investors currently have the opportunity to purchase SOLX tokens at the price of $0.00166. This price is set to increase in less than 8 hours, giving early investors maximum upside potential.
Multiple analysts have shared bullish predictions for the token. One analyst, Jacob Bury, forecasts a potential 10x increase in the coming months.
Analysts from Cryptonews have also projected possible 1000x returns for the token.
Solaxy: A Layer-2 Scaling Solution for Solana
Solaxy is a Layer-2 scaling solution that aims to solve Solana’s scalability challenges. Despite Solana’s impressive capacity to process up to 6,500 transactions per second and its frequent status as the blockchain with the most daily active users, the network still faces limitations during periods of peak activity.
When major news events drive sudden surges in transaction volume, Solana validators can become overwhelmed, resulting in longer wait times and occasionally failed transactions due to network congestion. Additionally, Solana has experienced full-on network outages in the past as well.
This issue was highlighted in January when Donald Trump launched his meme coin on the network, causing Phantom wallet to receive 8 million requests per minute, leaving many users unable to complete trades.
Solaxy addresses this precise problem by implementing transaction bundling and off-chain computation technology through using rollups to create a more scalable environment. The Layer-2 solution promises cheaper, faster, and more reliable transactions accessible through existing Solana wallets.
Stay Updated: Join Solaxy's Telegram Channel
For those interested in following the project’s development, connect through X, join its Telegram channel, or visit the official website to purchase and stake tokens.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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