Things are getting interesting on the Solana blockchain.<\/p>\n
Solana has been struggling with scaling, and a new Layer-2 project called Solaxy (SOLX)<\/a> is stepping up to solve that issue.<\/p>\n The project has now raised over $4.5 million in presale \u2013 suggesting investors are betting big on Solaxy\u2019s advanced tech.<\/p>\n Solana is known for being super-fast and cheap.<\/p>\n But lately, it\u2019s been hitting some snags.<\/p>\n <\/a><\/p>\n It turns out that when things get really busy, a massive chunk of transactions \u2013 around 40%<\/a> \u2013 fail.<\/p>\n This is mainly due to the explosion of Solana-based meme coins and all the bots that trade them.<\/p>\n Solana\u2019s tech is still solid \u2013 but these bottlenecks are becoming a real problem.<\/p>\n That\u2019s where Solaxy comes in.<\/p>\n Instead of trying to rebuild Solana from the ground up, Solaxy is adding another \u201clane\u201d to the network by handling some traffic on a separate layer.<\/p>\n This way, Solana can keep its speed while Solaxy helps it handle way more transactions at once.<\/p>\n <\/a><\/p>\n Solaxy is basically offloading some of the work from the main chain.<\/p>\n And it looks like investors are buying into this idea.<\/p>\n Solaxy\u2019s Twitter page<\/a> already has over 17,600 followers, while its official Telegram channel<\/a> is gaining hundreds of new members daily.<\/p>\n The core of Solaxy\u2019s<\/a> whole setup is its native token, SOLX, which has been doing exceptionally well in presale.<\/p>\n The presale<\/a> has raised over $4.5 million in just 11 days.<\/p>\n That\u2019s huge, and it shows that investors believe in projects trying to help Solana scale.<\/p>\n Right now, investors can purchase SOLX tokens for just $0.001576 each.<\/p>\n However, the price will jump again in less than 24 hours, so investors are scrambling to get involved at the lowest possible price.<\/p>\n Solaxy\u2019s team accepts purchases in ETH, USDT, BNB, or card.<\/p>\n However, SOLX isn\u2019t just for investing.<\/p>\n Holders can actually use it within the Solaxy ecosystem; for example, they can stake SOLX for above-average yields.<\/p>\n These yields are estimated at 852% per year<\/a>, but will naturally decrease as more people get involved.<\/p>\n SOLX is also used to pay for transaction fees on the Solaxy network.<\/p>\n So, it\u2019s not just about buying and holding \u2013 there\u2019s real utility with SOLX.<\/p>\n Solaxy\u2019s<\/a> team is also focused on security.<\/p>\n They\u2019ve had the SOLX token audited by Coinsult<\/a>, a well-known security firm, who found no issues with its code.<\/p>\n Coinsult also highlighted that the team is unable to mint new tokens \u2013 meaning they can\u2019t just inflate the supply and dilute the value of everyone\u2019s holdings.<\/p>\n Plus, the team has a clear plan for how they\u2019re using the token supply<\/a>: 30% for development, 25% for rewards, 20% for their treasury, 15% for marketing, and 10% for exchange listings.<\/p>\n This kind of transparency is rare for an early-stage project.<\/p>\n While doing some research, i found some alpha in @SOLAXYTOKEN<\/a> ($SOLX) the world\u2019s first Solana Layer 2.<\/p>\n They are eliminating Solana\u2019s congestion and failed transaction problems. Now here\u2019s the alpha@SOLAXYTOKEN<\/a> is offering\u2026 pic.twitter.com\/XjFyxPPqUr<\/a><\/p>\n \u2014 Dehkunle Of Africa (@Dehkunle) December 19, 2024<\/a><\/p>\n And some big names are now beginning to talk about Solaxy.<\/p>\n Popular trader @dehkunle<\/a>, who has over 500,000 followers on Twitter, mentioned Solaxy as a project worth checking out.<\/p>\n Another crypto analysis account, @blockviews<\/a>, also discussed the project\u2019s potential.<\/p>\n These endorsements are bringing a lot of attention to Solaxy and its ambitious goals.<\/p>\n Ultimately, it\u2019s a project that\u2019s passed an audit, has a clear plan in place, and is getting noticed by some influential people.<\/p>\n It\u2019s a strong combination \u2013 positioning Solaxy as a crypto to watch as we move into 2025.<\/p>\n Visit Solaxy Presale<\/a><\/p>\n Disclaimer<\/strong>: The above article is sponsored content; it\u2019s written by a third party. CryptoPotato doesn\u2019t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.<\/em><\/p>\n Readers are also advised to read CryptoPotato\u2019s\u00a0full disclaimer<\/a>.<\/em><\/p>\n The post Solaxy\u2019s Momentum Continues as Solana\u2019s First Layer-2 Surges Past $4.5M in Presale<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Things are getting interesting on the Solana blockchain. Solana has been struggling with scaling, and a new Layer-2 project called Solaxy (SOLX) is stepping up to solve that issue. The project has now raised over $4.5 million in presale \u2013 suggesting investors are betting big on Solaxy\u2019s advanced tech. Solana\u2019s Traffic Jams \u2013 Can Solaxy […]<\/p>\n","protected":false},"author":0,"featured_media":30656,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-30655","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/30655"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30655"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/30655\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/30656"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Solana\u2019s Traffic Jams \u2013 Can Solaxy Build a Better Solution?<\/h2>\n
SOLX Token Presale Passes $4.5M as Investor Hype Ramps Up<\/h2>\n
Big Names in Crypto Are Talking About Solaxy \u2013 Here\u2019s Why<\/h2>\n
\nBuilt specifically for high-volume meme coin market<\/p>\n
![<\/a><\/p>\nIt turns out that when things get really busy, a massive chunk of transactions \u2013 around 40%<\/a> \u2013 fail.<\/p>\nThis is mainly due to the explosion of Solana-based meme coins and all the bots that trade them.<\/p>\nSolana\u2019s tech is still solid \u2013 but these bottlenecks are becoming a real problem.<\/p>\nThat\u2019s where Solaxy comes in.<\/p>\nInstead of trying to rebuild Solana from the ground up, Solaxy is adding another \u201clane\u201d to the network by handling some traffic on a separate layer.<\/p>\nThis way, Solana can keep its speed while Solaxy helps it handle way more transactions at once.<\/p>\n<\/a><\/p>\nSolaxy is basically offloading some of the work from the main chain.<\/p>\nAnd it looks like investors are buying into this idea.<\/p>\nSolaxy\u2019s Twitter page<\/a> already has over 17,600 followers, while its official Telegram channel<\/a> is gaining hundreds of new members daily.<\/p>\nSOLX Token Presale Passes $4.5M as Investor Hype Ramps Up<\/h2>\nThe core of Solaxy\u2019s<\/a> whole setup is its native token, SOLX, which has been doing exceptionally well in presale.<\/p>\nThe presale<\/a> has raised over $4.5 million in just 11 days.<\/p>\nThat\u2019s huge, and it shows that investors believe in projects trying to help Solana scale.<\/p>\nRight now, investors can purchase SOLX tokens for just $0.001576 each.<\/p>\nHowever, the price will jump again in less than 24 hours, so investors are scrambling to get involved at the lowest possible price.<\/p>\nSolaxy\u2019s team accepts purchases in ETH, USDT, BNB, or card.<\/p>\nHowever, SOLX isn\u2019t just for investing.<\/p>\nHolders can actually use it within the Solaxy ecosystem; for example, they can stake SOLX for above-average yields.<\/p>\nThese yields are estimated at 852% per year<\/a>, but will naturally decrease as more people get involved.<\/p>\nSOLX is also used to pay for transaction fees on the Solaxy network.<\/p>\nSo, it\u2019s not just about buying and holding \u2013 there\u2019s real utility with SOLX.<\/p>\nBig Names in Crypto Are Talking About Solaxy \u2013 Here\u2019s Why<\/h2>\nSolaxy\u2019s<\/a> team is also focused on security.<\/p>\nThey\u2019ve had the SOLX token audited by Coinsult<\/a>, a well-known security firm, who found no issues with its code.<\/p>\nCoinsult also highlighted that the team is unable to mint new tokens \u2013 meaning they can\u2019t just inflate the supply and dilute the value of everyone\u2019s holdings.<\/p>\nPlus, the team has a clear plan for how they\u2019re using the token supply<\/a>: 30% for development, 25% for rewards, 20% for their treasury, 15% for marketing, and 10% for exchange listings.<\/p>\nThis kind of transparency is rare for an early-stage project.<\/p>\nWhile doing some research, i found some alpha in @SOLAXYTOKEN<\/a> ($SOLX) the world\u2019s first Solana Layer 2.<\/p>\nThey are eliminating Solana\u2019s congestion and failed transaction problems.\nBuilt specifically for high-volume meme coin market<\/p>\nNow here\u2019s the alpha@SOLAXYTOKEN<\/a> is offering\u2026 pic.twitter.com\/XjFyxPPqUr<\/a><\/p>\n\u2014 Dehkunle Of Africa (@Dehkunle) December 19, 2024<\/a><\/p>\nAnd some big names are now beginning to talk about Solaxy.<\/p>\nPopular trader @dehkunle<\/a>, who has over 500,000 followers on Twitter, mentioned Solaxy as a project worth checking out.<\/p>\nAnother crypto analysis account, @blockviews<\/a>, also discussed the project\u2019s potential.<\/p>\nThese endorsements are bringing a lot of attention to Solaxy and its ambitious goals.<\/p>\nUltimately, it\u2019s a project that\u2019s passed an audit, has a clear plan in place, and is getting noticed by some influential people.<\/p>\nIt\u2019s a strong combination \u2013 positioning Solaxy as a crypto to watch as we move into 2025.<\/p>\nVisit Solaxy Presale<\/a><\/p>\nDisclaimer<\/strong>: The above article is sponsored content; it\u2019s written by a third party. CryptoPotato doesn\u2019t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.<\/em><\/p>\nReaders are also advised to read CryptoPotato\u2019s\u00a0full disclaimer<\/a>.<\/em><\/p>\nThe post Solaxy\u2019s Momentum Continues as Solana\u2019s First Layer-2 Surges Past $4.5M in Presale<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Things are getting interesting on the Solana blockchain. Solana has been struggling with scaling, and a new Layer-2 project called Solaxy (SOLX) is stepping up to solve that issue. The project has now raised over $4.5 million in presale \u2013 suggesting investors are betting big on Solaxy\u2019s advanced tech. Solana\u2019s Traffic Jams \u2013 Can Solaxy […]<\/p>\n","protected":false},"author":0,"featured_media":30656,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-30655","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/30655"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30655"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/30655\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/30656"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/12\/Picture1-32.png\"){kind=link}
![<\/a><\/p>\nSolaxy is basically offloading some of the work from the main chain.<\/p>\nAnd it looks like investors are buying into this idea.<\/p>\nSolaxy\u2019s Twitter page<\/a> already has over 17,600 followers, while its official Telegram channel<\/a> is gaining hundreds of new members daily.<\/p>\nSOLX Token Presale Passes $4.5M as Investor Hype Ramps Up<\/h2>\nThe core of Solaxy\u2019s<\/a> whole setup is its native token, SOLX, which has been doing exceptionally well in presale.<\/p>\nThe presale<\/a> has raised over $4.5 million in just 11 days.<\/p>\nThat\u2019s huge, and it shows that investors believe in projects trying to help Solana scale.<\/p>\nRight now, investors can purchase SOLX tokens for just $0.001576 each.<\/p>\nHowever, the price will jump again in less than 24 hours, so investors are scrambling to get involved at the lowest possible price.<\/p>\nSolaxy\u2019s team accepts purchases in ETH, USDT, BNB, or card.<\/p>\nHowever, SOLX isn\u2019t just for investing.<\/p>\nHolders can actually use it within the Solaxy ecosystem; for example, they can stake SOLX for above-average yields.<\/p>\nThese yields are estimated at 852% per year<\/a>, but will naturally decrease as more people get involved.<\/p>\nSOLX is also used to pay for transaction fees on the Solaxy network.<\/p>\nSo, it\u2019s not just about buying and holding \u2013 there\u2019s real utility with SOLX.<\/p>\nBig Names in Crypto Are Talking About Solaxy \u2013 Here\u2019s Why<\/h2>\nSolaxy\u2019s<\/a> team is also focused on security.<\/p>\nThey\u2019ve had the SOLX token audited by Coinsult<\/a>, a well-known security firm, who found no issues with its code.<\/p>\nCoinsult also highlighted that the team is unable to mint new tokens \u2013 meaning they can\u2019t just inflate the supply and dilute the value of everyone\u2019s holdings.<\/p>\nPlus, the team has a clear plan for how they\u2019re using the token supply<\/a>: 30% for development, 25% for rewards, 20% for their treasury, 15% for marketing, and 10% for exchange listings.<\/p>\nThis kind of transparency is rare for an early-stage project.<\/p>\nWhile doing some research, i found some alpha in @SOLAXYTOKEN<\/a> ($SOLX) the world\u2019s first Solana Layer 2.<\/p>\nThey are eliminating Solana\u2019s congestion and failed transaction problems.\nBuilt specifically for high-volume meme coin market<\/p>\nNow here\u2019s the alpha@SOLAXYTOKEN<\/a> is offering\u2026 pic.twitter.com\/XjFyxPPqUr<\/a><\/p>\n\u2014 Dehkunle Of Africa (@Dehkunle) December 19, 2024<\/a><\/p>\nAnd some big names are now beginning to talk about Solaxy.<\/p>\nPopular trader @dehkunle<\/a>, who has over 500,000 followers on Twitter, mentioned Solaxy as a project worth checking out.<\/p>\nAnother crypto analysis account, @blockviews<\/a>, also discussed the project\u2019s potential.<\/p>\nThese endorsements are bringing a lot of attention to Solaxy and its ambitious goals.<\/p>\nUltimately, it\u2019s a project that\u2019s passed an audit, has a clear plan in place, and is getting noticed by some influential people.<\/p>\nIt\u2019s a strong combination \u2013 positioning Solaxy as a crypto to watch as we move into 2025.<\/p>\nVisit Solaxy Presale<\/a><\/p>\nDisclaimer<\/strong>: The above article is sponsored content; it\u2019s written by a third party. CryptoPotato doesn\u2019t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.<\/em><\/p>\nReaders are also advised to read CryptoPotato\u2019s\u00a0full disclaimer<\/a>.<\/em><\/p>\nThe post Solaxy\u2019s Momentum Continues as Solana\u2019s First Layer-2 Surges Past $4.5M in Presale<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Things are getting interesting on the Solana blockchain. Solana has been struggling with scaling, and a new Layer-2 project called Solaxy (SOLX) is stepping up to solve that issue. The project has now raised over $4.5 million in presale \u2013 suggesting investors are betting big on Solaxy\u2019s advanced tech. Solana\u2019s Traffic Jams \u2013 Can Solaxy […]<\/p>\n","protected":false},"author":0,"featured_media":30656,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-30655","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/30655"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30655"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/30655\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/30656"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/12\/Picture2-30.png\"){kind=link}