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Solana Coins on the Move! Can the New SOL Token Solaxy Make 100x? - Coin Bulletin
The fact that the meme coin named TRUMP, issued by US President Donald Trump a day before his inauguration, was developed on the Solana blockchain has given momentum to Solana coins. Solana, designed for fast, scalable, and decentralized applications, has seen a pump in many Solana-based projects, including the SOL coin.
With the frenzy of TRUMP coin on January 19th, Solana's SOL token also hit ATH and reached $294. Although it has dropped slightly since that day, Solana managed to hold around $250 despite the market volatility. The rise in Solana-based coins is noticeable, and the discounted presale for investors who want to buy Solaxy tokens, a new project developed to bring Solana to Layer-2 solution, gained momentum.
When we look at the last 24 hours movements in the CoinMarketCap data, it is seen that Solana and Cardano maintain their rise among the top 10 coins. While many coins, including Bitcoin, are at best in a pause, SOL and Solana-based projects continue to please their investors by riding the wave created by TRUMP coin.
It is predicted that Solana blockchain and projects built on it will be widely discussed in the coming days with its capacity to process 65,000 transactions per second, low transaction fees, diverse ecosystem, and interoperability.
TRUMP Blows Up Solana, Solaxy Exceeds $15 Million
After TRUMP coin suddenly became a phenomenon, Solana blockchain experienced serious congestion due to the overwhelming transaction demand, and attention turned to the Solaxy project, which is preparing to solve this problem.
After the TRUMP coin caused thousands of transaction errors, investors became tired of the network congestion in Solana and the scalability issues came to the forefront once again, the interest in the pre-sale offering the opportunity to buy Solaxy tokens at a low price increased. The funds raised in the event organized for crypto enthusiasts who want to invest at the bottom price have exceeded $15 million so far.
The project, developed as the first Layer-2 solution on the Solana network, attracted attention with its roadmap aiming to bring together the strong aspects of both ecosystems by bridging with Ethereum. The rapid entry of the Solana network into 2025, reaching ATH, and coming to the agenda after TRUMP coin also boosted Solaxy's presale.
Can Layer-2 Solution Make Solaxy Token 100x?
Investors who are hesitant to participate in the presale are looking for the answer to the question of whether Solaxy token will make 100x. Let's take a look together at what the project offers, its prominent features, and its reflection among the crypto community.
Best Wallet Effect: Among the best cryptocurrency wallet applications that have recently made accurate predictions about the predictions regarding crypto coins, Best Wallet, which performs a big catalyst role for SOLX token. Listing the SOLX token in the 'Future Tokens' module, where the platform includes the expected coins to rise, and the module previously reported coins like SLAP and PEPU that pumped, accelerates the presale.
First Layer-2 Solution for Solana: The Solaxy project brings a Layer-2 solution for the first time to solve the congestion and scalability issues on the Solana network. With this mission, the experienced project team resolves transactions that cause congestion off-chain, increasing speed, efficiency, and capacity.
Ethereum Bridge: It also includes a bridge that is designed to create a sustainable Layer-2 network and connects to the Ethereum blockchain. By bridging these two major blockchains, investors can enjoy the speed of Solana while benefiting from Ethereum's liquidity pools. The bridge allows users to seamlessly transfer their assets between chains, opening up opportunities for arbitrage and farming.
Staking Mechanism: SOLX token is supported by a staking feature that aims to benefit the community, and this feature is activated before the completion of the presale. In addition to offering high APY and block rewards, the staking feature eliminates the possibility of quick selling in the event of a potential rally after exchange listings. Despite the stake amount of SOLX tokens exceeding 4.4 billion, the APY is still positioned at a high level of 260 percent. The block reward per ETH block is set at 4377.4 SOLX tokens.
How to Buy SOLX Token?
Solaxy token, aiming to take the Solana network to a whole new level with all its features, meets early-stage investors through a gradual pre-sale with an implemented gradual price increase policy. Increasing prices at each stage allow early adopters of the project to potentially earn profits before exchange listings.
Solaxy token is currently finding buyers at $0.001616. Investors looking for coins that will rise below $1 are helping the funds raised in the SOLX token pre-sale to exceed $15 million in a short period of time.
Solaxy is being developed to bring the Solana network to an even higher level of crypto experience in 2025. Token buyers can earn passive income by using the staking feature without wasting time.
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