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HomeAltcoinSolaxy Combines Ethereum’s Strength with Solana’s Speed for DeFi Domination

Solaxy Combines Ethereum’s Strength with Solana’s Speed for DeFi Domination


It’s been beneath per week for the reason that launch of the $SOLX presale, however Solaxy’s native token is taking no prisoners. After elevating $350K in its first 24 hours, simply 5 days later, that tally has skyrocketed to $2.85M.

Crypto traders are clearly excited by Solaxy’s plan to construct a Layer 2 protocol that can construct on Solana, incorporating all its good bits and massively enhancing on the place it’s been falling quick. 

Solana’s super-high transaction volumes (178.75M over the previous seven days, based on DappRadar) are pushed largely by meme cash, and have resulted in some congestion points and failed transactions. 

That’s why that is nice information for crypto traders – notably these buying and selling meme cash. Solana is, in any case, the platform the place nearly all of meme cash are launched and traded. But it’s not simply Solana that’s set to attain.

Powered by $SOLX, Solaxy’s Layer 2 protocol is drawing much attention from investors 
Powered by $SOLX, Solaxy’s Layer 2 protocol is drawing a lot consideration from traders

As a multi-chain answer, Solaxy will bridge that crucial divide between the massive boys of blockchain – Ethereum and Solana. And meaning profiting from the excessive liquidity and safety that Ethereum’s DeFi ecosystem brings to the desk.

Ethereum and DeFi go hand-in-hand, with a complete worth locked of $131.42B. That mentioned, Solana can also be a key participant within the DeFi enviornment – second to Ethereum, with $14.33B in complete locked worth. And that’s one of many main causes behind traders clambering to purchase $SOLX – DeFi domination is imminent. 

Solana’s DeFi TVL. Source: DappRadar
Solana’s DeFi TVL. Source: DappRadar

Solaxy’s Meteoric Presale Is On Fire

The $SOLX presale launched at a cool $0.001. But that was per week in the past, and the value has now risen to $0.00157. And, with a complete token provide of 138,046B, staking rewards are presently estimated at a powerful 1,239% each year.

The subsequent worth stage begins tomorrow in lower than 10 hours, when the $SOLX kitty is predicted to hit the $3.132M mark. 

As for the $SOLX tokenomics, 30% has been allotted to the event of that all-important Layer 2 ecosystem, and 25% for early fowl rewards. The remaining quantity is break up between the undertaking’s treasury (20%), advertising and marketing (15%), and itemizing the $SOLX on DEXs and CEXs (10%).

How to Buy $SOLX

$SOLX will be purchased with $ETH, $USDT, and by credit score or debit card. $BNB is one other cost choice. But be warned, you’ll lose out on the annual staking rewards if you happen to select to buy presale $SOLX with $BNB.

As for the cardboard cost choice, you’ll need to hyperlink your bank card to a crypto pockets earlier than making a transaction. The Solaxy web site recommends that potential traders who don’t but have a crypto pockets obtain the Best Wallet app

Best Wallet is an efficient alternative – it’s free, safe, and provides decrease transaction charges. And, importantly, it’s a non-custodial pockets within the type of a mobile-only app. Unlike many different crypto wallets that belong to centralized exchanges or firms, Best Wallet offers customers full and sole management over their pockets. 



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