Solaxy ($SOLX) Shows Red Hot Demand in Its Token Presale, Raising Over $15 Million to Build the World's First Solana Layer 2 Blockchain

However, Solaxy has the added advantage of its token also launching on the Ethereum network. By bridging the gap between Solana and Etheruem, $SOLX

Solaxy ($SOLX) is building the world’s first Solana layer 2 blockchain and has raised over $15 million in its token presale so far.

The project has the potential to fix Solana’s congestion issue for good and has caught the attention of crypto experts, with some predicting 100x gains for $SOLX.

Here’s a closer look at Solaxy, its tokenomics, and how to buy $SOLX in its presale.

Solaxy: A layer 2 solution for Solana

Solana is one of the world’s most popular blockchains, thanks to its high speed, low cost, and ability to handle a wide range of applications. However, Solana has also faced criticism for its congestion issues, which can lead to failed transactions and long wait times.

Solaxy aims to solve this problem by creating a layer 2 blockchain that will handle some of Solana’s workload. This will make transactions on Solaxy cheaper, faster, and more reliable than on the Solana layer 1.

In addition to improving Solana’s scalability, Solaxy will also offer a range of other features, including:

– Staking: $SOLX holders will be able to stake their tokens to help secure the network and earn rewards.

– Governance: $SOLX holders will also be able to participate in the governance of the Solaxy network, voting on changes to the protocol and other matters.

– Cross-chain bridge: Solaxy will bridge the gap between Solana and Ethereum, with its token also launching on the ETH network. This will give $SOLX strategic exposure to crypto’s two hottest ecosystems.

100x potential: Crypto experts bullish on $SOLX

Solaxy’s strong value proposition and early success in its presale have attracted the attention of crypto experts, who are bullish on the project’s future prospects.

Umar Khan from 99Bitcoins recently told the YouTube channel’s 700K subscribers that $SOLX is poised for 100x returns after listing on the open market.

“This is a Solana L2 token that is set to explode with 100x potential,” said Khan. “It is launching on the Ethereum network, which will give it exposure to crypto’s two hottest ecosystems.”

Another crypto expert, Tony G, recently highlighted Solaxy’s strong community and the project’s potential to revolutionize Solana with its L2 technology.

Solaxy’s tokenomics and 249% staking APY

$SOLX is the native utility token of the Solaxy network and will be used to pay transaction fees, participate in staking and governance, and more.

Here’s a breakdown of Solaxy’s tokenomics:

– Total supply: 100 billion $SOLX

– Presale allocation: 40%

– Treasury: 20%

– Ecosystem development: 30%

– Marketing: 5%

– Community rewards: 2%

– Exchange listings: 3%

Those who purchase $SOLX during the presale will be able to stake their tokens immediately, earning a generous 249% APY. However, the APY is variable and will gradually decrease as the staking pool grows.

To learn more about Solaxy, visit the project’s website or join its Telegram channel. You can also follow Solaxy X on social media for the latest updates.

How to buy $SOLX presaleThere are two main ways to buy $SOLX in its presale:

1. Visit the Solaxy website, connect your crypto wallet, choose the amount of $SOLX you want to buy and the crypto you want to pay with.

2. Buy $SOLX using the Best Wallet app, which gives you the added advantage of being able to track tokens and key project updates from the app’s dashboard.

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