Summary Points
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Funding Milestone: Layer-2 project Solaxy has successfully raised $26.2 million in presale before its official launch, indicating strong investor interest.
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Solana Enhancement: Solaxy aims to resolve key issues in the Solana blockchain, such as network congestion and scalability, promising a faster and smoother user experience.
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Analyst Praise: Analysts, including Umar Khan from 99Bitcoins, foresee significant potential for Solaxy (SOLX), highlighting its high staking rewards and real-world problem-solving capabilities.
- Tokenomics & Future Prospects: With 25% of SOLX tokens allocated for rewards and a well-structured token economy, Solaxy’s launch on DEXs and CEXs could drive demand and significantly increase its value.
Layer-2 project Solaxy has reached an impressive milestone, raising over $26 million during its presale phase. This achievement highlights growing interest in the cryptocurrency market. Analysts are buzzing, with some predicting a significant price increase after the official launch.
Solaxy’s main goal is to enhance the Solana blockchain. It seeks to address issues like network congestion, failed transactions, and scalability limits. By tackling these problems, Solaxy aims to make Solana faster, smoother, and cheaper for users.
Umar Khan, an analyst from 99Bitcoins, recently shared his insights. He stated that Solaxy could offer substantial returns for early investors. Khan pointed to high staking rewards and the project’s focus on real-world issues within Solana’s ecosystem. He believes anyone who supports Solana will appreciate Solaxy.
Other analysts, including ClayBro, also express optimism. They believe SOLX could lead the way in the next bull market. Currently, the presale has accumulated $26.2 million, attracting over $100,000 daily. The ongoing interest indicates a robust community backing Solaxy.
Currently, SOLX is priced at $0.001662, but this amount will increase in the coming days. Early adopters can take advantage of the low prices before the next price jump. Interested investors can secure SOLX through the official website or the Best Wallet mobile app.
As the presale continues, Solaxy’s community on Telegram and X (formerly Twitter) has been highly active. Investors speculate on a potential surge in SOLX’s value after the Token Generation Event (TGE). Such events often lead to increased demand and visibility, which can drive prices higher.
The Solaxy team has taken extra steps for investor confidence by having the SOLX token audited by Coinsult, a respected blockchain security company. This commitment to transparency is a positive indicator for potential investors.
Looking at the project’s tokenomics, 25% of the 138 billion SOLX tokens will go towards rewards, while 30% will support development efforts. Additionally, 15% is earmarked for marketing, 10% for exchange liquidity, and the remaining 20% for the project’s treasury.
While it’s too early to predict Solaxy’s long-term success, if it effectively addresses Solana’s congestion issues, it could attract many users, particularly developers creating decentralized applications. The upcoming launches on decentralized and centralized exchanges (DEXs and CEXs) promise to increase accessibility and market demand.
All signs point to a promising trajectory for Solaxy. As we move forward into 2025, this project remains at the forefront of many investors’ watchlists.
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Disclaimer
This content is for informational and entertainment purposes only and does not constitute financial or investment advice. Cryptocurrency is highly speculative and carries significant risk, including the potential loss of your entire investment. Do not make financial decisions based on this information. Consult a licensed financial advisor before investing. This site does not offer, sell, or advise on cryptocurrency, securities or other regulated financial products in compliance with SEC and applicable laws. Please do your own research and seek professional advise.
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