$5M Raised Within Days: Solana Layer-2 Protocol Solaxy Presale on Fire!

The crypto market has been one of the most rewarding industries this year with many get-rich stories generated, especially in the Q4 of 2024.

After Trump’s election win, the entire crypto market changed forever, leading to massive surges and impressive milestones.

However, there has been a great shift where investors are more interested in projects that bring real utility, besides the usual transactional value.

That’s why the new Solaxy ($SOLX) is the perfect choice for investors as it’s the world’s first ever Layer-2 solution for Solana.

Let’s check out the details.

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Solaxy ($SOLX) Attracts a Wide Array of Investors Thanks To Its Brand New Layer-2 Solution

Solaxy ($SOLX) recognizes the power of utility-driven projects and delivers on that premise with its new Layer-2 blockchain.

While Solana has been popular for developers, especially when creating meme coins, it still could use a boost in terms of speed, scalability, and transaction costs.

This project aims to fill that void with its new Layer-2 solution that increases the capabilities of Solana’s network. It offloads traffic from its mainnet creating much lower congestion and increasing its scalability.

Also, with this process, the speed time is automatically much better, with near-instant bridging between these two layers.

Additionally, transaction costs are reduced to a minimum which combined with the previous benefits is a perfect option for day traders.

Not only that, but this project also features multi-chain interoperability which allows for seamless transitions to Ethereum, taking all its benefits and combining it with Solana’s perks to create the ultimate coin.

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Despite being in the early stages, the Presale has made over $5.6 million. How far will it go?

Even though it's still in the presale phase, this didn’t stop $SOLX from big early success. It has managed to secure more than $5.6 million in this record time, adding to the hype surrounding this project.

The presale has a phased approach with each new one having a slight price increase. Currently, purchase $SOLX for $0.00158 per token making it an excellent entry point for all those looking to join in.

However, investors must hurry, as the next price increase is just around the corner with only one day left.

Also, those who choose to stake their tokens will get substantial rewards. At the time of writing, there are more than 722% APY rewards. There are nearly 1.6 billion coins staked at the moment which highlights how lucrative this option is.

This project is also heavily endorsed by the famous ClayBro. His various expert analysis has led to many correct predictions which is why he has over 130,000 subscribers. In his latest videos, he emphasizes this token’s long-term potential, making it a must-have for all investors.

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The Tokenomics Are Designed to Ensure This Project’s Longevity

Besides the technical improvements, the team behind this project has made the tokenomics so it supports this coin’s long run. There is a total of 138 billion $SOLX tokens.

The largest portion, 30%, is allocated to development, emphasizing the project’s focus on innovation and technological advancement. These tokens drive the enhancement of the Layer-2 solution, ensuring scalability and efficiency as the project evolves.

Rewards take up 25% of the total supply, a significant allocation aimed at incentivizing early supporters and active participants. This allocation builds a loyal user base, fostering community engagement and reinforcing Solaxy’s position as a community-driven project.

The treasury holds 20%, acting as a financial backbone for the platform. These tokens ensure Solaxy remains adaptable and secure, ready to fund strategic initiatives and weather potential challenges.

Marketing is allocated 15%, supporting efforts to increase awareness and drive adoption among a broader audience. Lastly, 10% is set aside for exchange listings, guaranteeing liquidity and ensuring smooth trading across platforms. 

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Conclusion

Investors are excited for the opportunities that the crypto market offers, especially in the last two months which have been historic for all traders.

All coins recorded massive surges and impressive milestones, reminding everybody about its unlimited potential for profits.

With many projects emerging daily, the ones that bring utility have stood out with their long-term potential.

That’s why it’s no surprise that the new Solaxy ($SOLX) is getting so much attention thanks to its Layer-2 capabilities on Solana’s network.

The presale is already achieving enormous success making this project a must-watch for all investors looking for perspective coins.