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Solana has been in the market since 2017, and its popularity and value have greatly increased. In November, Solana reached its all-time high value of $263.83. Meanwhile, Solaxy ($SOLX) is the first crypto project launched on Solana Layer 2, aiming to ease Solana’s pain points to bring even bigger utility to investors.
It is a multi-chain token combining the advantages of Solana and Ethereum, giving investors a lot to look forward to. Let’s shed some light on the reasons behind the popularity of this highly interesting project!
The Appeal of Solaxy ExplainedSolaxy is a project directed towards innovation since it is the pioneer in utilizing the advantages of Solana Layer 2. The $SOLX token opens the door to this project’s benefits. As previously mentioned, Solaxy will address Solana’s pain points, such as scalability limitations, the inability to execute transactions, and congestion during peak times.
The Solaxy rollup will fix these issues and give investors a chance to experience transactions performed at the speed of light and with zero downtime. This can be achieved by performing transactions off-chain. In addition, developers have the freedom to create fully customizable dApps.
Solaxy’s scalability will support high transaction volumes whenever investors need it. The speed will democratize meme coin trading and help investors make their everyday investing endeavors a breeze. Besides, Solaxy is a perfect DeFi Gateway since it combines Ethereum’s liquidity with Solana’s efficiency to cover all the demands of crypto investors.
The versatility of Solaxy’s features meets the needs of enterprises and developers, but it is also user-friendly so that even beginners can use the $SOLX token effectively. If you wish to become one of the $SOLX holders and profit from this project’s features, secure your tokens in time!
A Peak Into the Roadmap of SolaxyThe Solaxy project will develop in four phases, and the first one, which is ongoing, is fully focused on the presale process. Early investors are encouraged to join the presale, stake their tokens, and enjoy generous rewards.
In the following phase, the $SOLX token will be listed on centralized and decentralized exchanges, increasing its exposure. Judging by the speed at which the investments are being poured into the presale, the value of the $SOLX token is expected to explode during this phase.
Once the second phase is completed successfully, the $SOLX holders will be able to enjoy Solaxy Layer 2 deployment, multi-chain integrations, and dApp onboarding. The final phase will bring new partnerships and further enhancements, cementing Solaxy’s position in the market.
The multi-chain approach, combined with the lightning speed and the freedom to customize dApps according to one’s preferences, is certainly a good foundation for Solaxy to soar in the following period. The transparent roadmap and clear objectives give investors a lot to look forward to, and this is why Solaxy attracts many crypto analysts to comment on it.
One of them, LecksMoney, shared his insights about it on his respective YouTube channel. He believes that the $SOLX token can bring instant gains, and the earlier the investors join the presale, the better, so make sure you join on time!
$SOLX Tokenomics Details RevealedThe total number of $SOLX tokens in circulation is 138,046,000,000, sufficient to cover all the project’s goals. The allocation of the tokens is carefully planned to achieve maximum impact. The biggest portion of tokens is directed towards project development (30%). The distribution of the remaining tokens is as follows:
Distributing tokens in this way will benefit investors long-term. The value of $SOLX tokens is $0.001594 at the moment and will soon increase. Staking $SOLX tokens now will bring 381% APY, and since it will drop as more investors join, staking them early will be the most rewarding. The presale raised $9,2M so far, so join before it concludes!
ConclusionSolaxy is an interesting project with a lot to offer investors, so its popularity is rising since an increasing number of investors are already recognizing its potential. It will help investors enrich their portfolios and enjoy gains in the following period as the value of the $SOLX token increases. The presale will end soon, so hurry and secure your tokens in time!
This article is sponsored content. All information is provided by the sponsor and Brave New Coin (BNC) does not endorse or assume responsibility for the content presented, which is not part of BNC’s editorial. Investing in crypto assets involves significant risk, including the potential loss of principal, and readers are strongly encouraged to conduct their own due diligence before engaging with any company or product mentioned. Brave New Coin disclaims any liability for any damages or losses arising from reliance on the content provided in
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