Solaxy Presale: $74M Target, Solana’s L2 Solution
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Solaxy ($SOLX), Solana's first Layer 2 solution, is in the final 27 days of its presale, aiming to raise $74 million. Already exceeding $40 million, the presale has attracted significant attention from both retail investors and whales, with recent large purchases highlighting strong confidence. Solaxy addresses Solana's scalability issues, particularly congestion caused by high network activity from meme coins like $TRUMP and $MELANIA. Its roll-up technology processes transactions off-chain, reducing the burden on Solana's mainnet and lowering transaction fees. This makes Solaxy ideal for high-frequency decentralized applications (dApps) in gaming, finance, and meme coin platforms. The project boasts a strong tokenomics model, allocating 30% of the 138 billion $SOLX supply to technological advancements and dApp support, 20% for long-term financial stability, and 25% for staking rewards (currently offering around 106% APY). Recent developments include a live Solana Testnet bridge and a new block explorer. While the presale offers a potential high return (a price prediction of $0.2 by 2030 is mentioned), investors should be aware of the inherent volatility of cryptocurrency investments. Each $SOLX token is currently priced at $0.00173. The presale website allows for easy purchase and claiming of tokens post-presale. This summary is for informational purposes only and does not constitute financial advice.
