RE: LeoThread 2024-12-31 08:23

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Solaxy Layer-2 Token Addresses Solana’s Limitations, Raises $7M on Presale

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The Solaxy Layer-2 token, $SOLX, has already raised $7M on presale, its popularity fueled by its plan to build the foundation of a blockchain that addresses Solana’s pain points.

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Considering the Solaxy’s Layer-2 token’s value increases each time it hits a new milestone, now is an opportune time to get involved.

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$SOLX is currently available for its lowest available entry point – $0.001584 – so you’ll want to get in before the price spikes to $0.001586 in January.

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If you take advantage now, you can also secure 533% per annum staking rewards

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With incentives like this, it’s no surprise that 2,159,104,834 $SOLX has been staked since the presale went live just two weeks ago.

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Solaxy Combines Solana-Ethereum Strengths

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The early success of Solaxy’s Layer-2 token indicates investor optimism in the project’s performance and future trajectory

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The fact that 30% of the total token amount (138,046B) will go toward the network’s development is also generating confidence.

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Solaxy is a multi-chain token, enabling it to transfer assets seamlessly between blockchains to harness both Ethereum and Solana’s strengths.

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Ethereum delivers unmatched security and liquidity, while Solana is a go-to for high-frequency trading and dApps.

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Merging the two blockchains boosts the user experience and enables the creation of multi-chain applications, which were previously out of reach.

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Solaxy Layer-2 Token Solves Solana’s Downfalls

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Solana is now the world’s third-largest blockchain network, with an impressive $6.28B total value locked (TVL).

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Although Solana is a super-fast network – handling 71K transactions per second – even Solaxy’s developers admit to some key downfalls:

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congestion, spam, failed transactions, delays, and scalability issues. A hefty 70% of non-vote transactions fail when network demand is high.

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This is where Solaxy comes in, introducing a Layer-2 solution to optimize transaction flows and minimize the network’s backlog.

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All this is accomplished by offloading parts of the blockchain’s workload, ensuring Solana is reliable, speedy, and scalable, and restoring user confidence.

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These and many other reasons are why crypto enthusiasts like YouTuber ClayBro anticipate huge return potential for $SOLX.

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Buy $SOLX Before Next Year’s Price Hike

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Savvy investors might want to get in now while Solaxy’s Layer-2 token is at its current lowest price before the next price hike in one day and five hours.

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Buying $SOLX is straightforward: Head to the official Solaxy.io website or download Best Wallet to get the most from the crypto wallet’s novel ‘Upcoming Tokens’ feature.

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That way, you become a part of a novel ecosystem solving some of Solana’s critical issues and making way for the altcoins of tomorrow.

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To learn more about the project, give Solaxy a follow on X and Telegram.

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Disclaimer: This isn’t financial advise. Always DYOR before making any investments and never invest more than you’re willing to part with.