Solaxy Approaching $10M ICO Milestone – Interest In World’s First Solana Layer 2 Meme Growing

The crypto market has been stunned by the recent economic events which have led investors into a retreat from risky assets.

This is mainly influenced due to the evolution of U.S. bond rates which have been steadily increasing – making them more interesting than the volatile crypto market.

Thanks to this shift all coins are trading in red this week, with the global market cap dropping by4.5% in the last 24 hours.

However, traders shouldn’t despair as there is still room for profits even in times like this. The new Solaxy ($SOLX) has the potential to turn things around, especially after its debut on exchanges.

Let’s check out the details.

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Solaxy ($SOLX) Is the World’s First Layer-2 Solution for Solana Aiming To Massively Upgrade and Improve This Network

Solaxy ($SOLX) is grabbing worldwide attention thanks to its impressive technological features that are specifically designed to improve Solana’s network.

The team behind this project has made a completely new blockchain on top of Solana allowing for much-needed fixes that are going to boost its capabilities.

This Layer-2 blockchain increases the speed time by offloading traffic from Solana’s mainnet, allowing near-instant bridging between these two layers. It also improves its scalability, something that is essential in bear market times.

Additionally, Solana has been notorious for its failed transactions in periods of high congestion, now this is fixed thanks to the project’s zero-down feature.

Subsequently, the transaction costs are also reduced greatly which combined with all the previous elements, makes this a perfect project for day traders.

Not only that, this platform is deemed safe and secure thanks to it passing audits from Coinsult – a company famous for its detailed blockchain analysis.

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Investors Are Taking Notice With The Project’s Fundraising Doing Numbers – Over $9 Million Raised So Far!

This kind of technological improvement can’t go under the radar which is best reflected in the presale sales. At the time of writing, there is more than $9.3 million accumulated with investors flocking to be a part of a potentially groundbreaking project.

The native $SOLX token powers the ecosystem and is available at the current rates of $0.001594 each. However, due to the presale’s phased approach, there is a slight price increase every few days.

You can get it using ETH, USDT, BNB, or even bank cards, making it accessible for everybody to join in.

Also, staking presents one of the most lucrative options for investors. All token holders can enjoy amazing APY rewards of up to 374%. There are more than 3 billion tokens being staked right now.

It’s worth mentioning that this project also features multi-chain interoperability which combines the benefits of Solana and Ethereum all under one roof. This could drive the price of $SOLX significantly after its debut.

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Solaxy Is Backed By Some of the Most Prominent Figures In The Crypto Community – Strong Endorsements Further Fuel The Hype Surrounding It

Not only did the investors recognize $SOLX’s potential, but the community did too. There are more than 50k followers on X (formerly known as Twitter) and almost 3k on Telegram.

Here followers get regular updates with valuable project-related information such as plans and milestones. They can also engage in discussions with the developers and make suggestions regarding the future of this coin.

Some of the most influential voices in the crypto space have thrown their weight behind this project.

For instance, the popular YouTuber ClayBro has expressed his enthusiasm for $SOLX multiple times. In his videos, Clay highlights the unique advantages that Solaxy brings to the Solana ecosystem, including its Layer-2 scalability solutions and cross-chain functionality.

Additionally, leading crypto publications likeCryptonews have covered $SOLX extensively, praising its innovative approach to addressing blockchain congestion and improving transaction efficiency.

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Conclusion

The crypto market may be facing challenges, but projects like Solaxy ($SOLX) remind us that innovation thrives even in uncertain times.

As the world’s first Layer-2 solution for Solana, Solaxy addresses critical issues like scalability, transaction speed, and cost efficiency.

These enhancements not only future-proof Solana’s network but also open new doors for traders and developers.

Its unique features and strong backing make it a project worth watching as it could bring significant profits in the long run.

Now is the perfect time to secure your tokens before the price drastically changes!

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