New meme coin and Solana Layer-2 network Solaxy ($SOLX) is shaping up to be one of the biggest emerging cryptocurrencies of this cycle—and it could become one of the most valuable tokens in the entire market.

New meme coin and Solana Layer-2 network Solaxy ($SOLX) is shaping up to be one of the biggest emerging cryptocurrencies of this cycle—and it could become one of the most valuable tokens in the entire market.

New meme coin and Solana Layer-2 network Solaxy ($SOLX) is shaping up to be one of the biggest emerging cryptocurrencies of this cycle—and it could become one of the most valuable tokens in the entire market.

The project has smashed expectations during its token presale, raising $23 million already and setting its sights even higher. There’s no end date in sight for the Solaxy presale yet, and its momentum is only growing stronger as more investors and analysts line up behind the project.

In fact, some analysts are hailing Solaxy as the next Solana—an indication that $SOLX could see gains on par with $SOL’s 17,000% growth since it launched in 2020.

With investors piling into the Solaxy presale and driving up the token’s price, there’s no time to sleep on this exciting new Layer-2. Investors can join the presale now with $ETH, $USDT, $SOL, $BNB, or a credit or debit card.

Solaxy Layer-2 Promises End to Solana Congestion Issues, Boost Meme Coin Trading

Solaxy’s Layer-2 is a groundbreaking development for the Solana blockchain.

It promises to bring the power of zero-knowledge rollups, which have been used to impressive effect on Ethereum, to Solana for the first time. In the process, Solaxy will deliver faster and cheaper transactions.

Even more important, Solaxy will put an end to network congestion and transaction failure on the Solana mainnet. These are huge issues that have resulted in network downtime and millions of lost dollars in the past. Resolving them once and for all will restore traders’ confidence in the Solana ecosystem and pave the way for further development.

Solaxy’s advantages are especially important for meme coin trading, which has grown exponentially on Solana since the launch of the Pump.fun meme coin generator. Pump.fun is currently churning out more than 30,000 new tokens per day, resulting in enormous trading volume on Solana.

Much of this meme trading volume could shift to Solaxy because of the Layer-2’s reduced fees and faster executions. Solaxy could also help Solana stave off potential competitors for meme trading volume, such as Ethereum Layer-2 network Base or Binance’s BNB Smart Chain.

That in turn has enormous implications for the value of the network’s native $SOLX token, which is required to pay fees for transactions routed over Solaxy. Even a small shift in trading volume from the Solana mainnet to the Solaxty Layer-2 could cause a surge of demand for $SOLX.

Analysts Predict Massive Growth Potential Ahead

This growth potential hasn’t gone unnoticed by analysts, many of whom have been backing Solaxy since it announced the start of its presale. Crypto experts see Solaxy as a solution to many of Solana’s most pressing problems and an enormous money-making opportunity in its own right.

For example, Crypto Wire called Solaxy Solana’s ‘scalability savior’ and predicted it could be one of the biggest tokens of this bull cycle. Borch Crypto went further, telling followers that the $SOLX token could deliver 50x gains or better after hitting exchanges.

Solaxy has also gotten attention from NASS Crypto, a crypto influencer with more than 1 million subscribers on YouTube. NASS Crypto included $SOLX in his roundup of 5 top crypto presales to buy now.

For an idea of just how big Solaxy could eventually get, it’s worth looking at what similar Layer-2 networks on Ethereum have accomplished. Arbitrum, the biggest Layer-2, has more than $13 billion in total value locked and its $ARB token is worth nearly $2 billion.

Unlike Arbitrum, Solaxy will launch on Solana with no real competition from other Layer-2 networks. So, it’s well within the realm of possibility for the project to see a valuation of $2 billion or more—a gain of nearly 100x from the current presale raise.

Don’t Miss This Chance to Join the $SOLX Token Presale

Investors have been flocking to the $SOLX token presale, buying out tokens at each stage and pushing the presale price steadily higher. So, there’s no time to waste to lock in the best price for this exciting Solana Layer-2 coin.

The Solaxy smart contract has been audited by crypto security firm Coinsult, so investors can feel confident that the project will deliver. The project team has also been actively sharing development updates to keep the community in the loop.

Source: Solaxy’s X

Investors can stake $SOLX tokens they buy during the presale to earn early rewards and boost their returns ahead of the token launch. Right now, the project is offering up to 172% APY.