Solaxy and Skyren DAO: Two Emerging Projects Aiming to Disrupt the Crypto Market

Bitcoin, the world's first and most dominant cryptocurrency, continues to lead the market, outperforming most altcoins in 2024.

Bitcoin, the world’s first and most dominant cryptocurrency, continues to lead the market in 2024, outperforming most altcoins.

While coins like Band Protocol, Ankr, and Apical have struggled to keep pace with Bitcoin’s rally, emerging projects like Solaxy and Skyren DAO are showing resilience and unique value propositions that set them apart.

As investors seek opportunities beyond Bitcoin, can Solaxy and Skyren DAO offer the same level of strength and profitability?

Bitcoin: The King of Crypto Remains Unshaken

Since its inception in 2009, Bitcoin (BTC) has proven itself as the most reliable and secure digital asset. It is often referred to as “digital gold” due to its limited supply of 21 million coins, making it an excellent hedge against inflation.

Despite numerous market fluctuations, Bitcoin remains the most liquid and widely recognized cryptocurrency, serving as the benchmark for the entire industry. In recent months, Bitcoin has continued its impressive upward trend, surpassing critical resistance levels at $50,000 and $55,000 and maintaining strong support at $52,000.

Bitcoin price today is trading at $53,088.06 in the 24-hour trading period, as of 08:05 on 11 April, 2024. BTC is up 0.68 in the past hour and up 2.38 in the past 24-hour period.

The cryptocurrency has also seen increased interest from institutional investors and major corporations, who are further solidifying Bitcoin’s position as a store of value and a safe-haven asset.

With price predictions reaching $118,530 in the next 30 days, Bitcoin’s dominance is unlikely to wane anytime soon.

Solaxy: A Layer-2 Solution With Growing Potential

Solaxy is a promising Layer-2 scaling solution for the Solana blockchain, aiming to improve transaction speed, reduce cost, and increase scalability. It is powered by its native token, $SOLX, which enables staking, governance, and efficient transactions within the Solaxy ecosystem.

Solaxy is rapidly expanding within the Layer-2 space as it prepares for the upcoming launch of its mainnet. The project is currently in the final stages of development, and its close association with Solana makes it a standout project.

As Solaxy progresses, further updates on its roadmap are anticipated. The team is actively working to enhance the project’s infrastructure and technology while maintaining transparency with the community.

Solaxy has already raised nearly $10 million in presale funds, showcasing strong investor interest in its Layer-2 solution for the Solana blockchain. Through its innovative staking program, Solaxy encourages greater participation and growth in the network.

Skyren DAO: The Future of Airdrop Collection And Passive Income

In contrast, Skyren DAO is taking a new approach by focusing on airdrops as a source of passive income.

Skyren is the world’s first airdrop collection DAO, boasting proprietary technology to scan multiple blockchain networks for lucrative airdrops that token holders might otherwise miss. Those who hold SKYRN tokens will enjoy an exclusive selection of airdrops, fully automated reward distribution, and governance rights within the DAO.

Unlike Solacity, which is a Layer-2 scaling solution for the Solana blockchain, Skyren adopts a fully transparent and decentralized model, powered by the Stellar blockchain. This ensures that all rewards are distributed fairly and securely among its token holders.

The project boasts an average APY of 216%, making it one of the most attractive passive income opportunities in the crypto sphere.

Currently, Skyren DAO is in Presale Phase 3, with the price set at $0.04 for each SKYRN token. The token price is set to rise to $0.044 in the next phase.

Only 12,000,000 SKYRN tokens are available for presale before the token reaches its full launch price of $0.15.

Crypto Influencers Are Taking Notice

Crypto influencers have been buzzing about Skyren DAO’s potential. Crypto Dealer, a prominent crypto influencer, recently shared his thoughts on why he prefers investing in Skyren over altcoins.

In a recent video, Crypto Dealer discussed how altcoins, despite their hype, often fail to deliver the expected returns. He pointed out that many promising altcoins, which were touted to reach $10 or $15, ultimately stalled and failed to capitalize on the bull market.

On the other hand, Crypto Dealer highlighted Skyren DAO’s unique value proposition.

“Now, what am I personally doing? I’m investing in something different, something that’s cutting edge and offers an incredible opportunity,” he shared with his viewers.

Crypto Dealer went on to explain that Skyren is revolutionizing the way people collect airdrops and generate passive income in the