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Cryptocurrency News Articles

Solaxy: The Layer 2 Solution Unlocking the Full Potential of Solana

Dec 14, 2024 at 08:35 pm

Solaxy, the first Layer 2 solution built on Solana, has now raised $350,000 USDT in just 24 hours from its highly anticipated presale, signaling strong confidence and enthusiasm within the crypto community. This new development is set to unlock the full potential of decentralized finance (DeFi) on Solana.

As the project gains momentum, the Solaxy team tweeted, “One small step for man, one giant leap for mankind. This $250K raise is the start of Solaxy’s intergalactic domination!”

Highlighting the key aspects of Solaxy:

1. Tackling Scalability Issues

Solaxy employs advanced Layer 2 technology to streamline Solana’s network. Off-chain processing and transaction bundling are utilized to reduce congestion and enable faster, cheaper transactions. In contrast to Ethereum's Layer 2 solutions, Solaxy maintains consistent performance even during high traffic, setting a new standard for blockchain scalability.

2. High-Stakes Staking Rewards

During its presale, Solaxy offers an exceptional 5039% APY, making it highly attractive for early adopters. For instance, staking 1,000 $SOLX could yield over 50,000 $SOLX annually. The rewards adjust dynamically based on participation, creating a fair and incentivized system for investors.

3. Thoughtful Tokenomics

With a fixed supply of 138 billion $SOLX, Solaxy’s tokenomics are designed to support growth and long-term value. Allocation includes:

This strategic distribution ensures sustainable growth while enhancing token scarcity.

A Secure and Transparent Platform

Prioritizing security, Solaxy's smart contract has been meticulously audited by Coinsult, a leading blockchain security firm. Key findings from the audit:

Solaxy’s audit results have earned the platform the “Security Audit by Coinsult” badge, instilling investor confidence in its reliability and transparency.

How to Get Involved

Joining the Solaxy presale is simple and rewarding:

At $0.001556 per $SOLX, Solaxy's presale has already raised $364,683.78 USDT, with less than $94K USDT remaining to hit the target. Secure your tokens before the price increases. Follow Solaxy on Twitter for the latest news and announcements, and join the conversation on Telegram.

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!

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Other articles published on Apr 03, 2025