It’s been under every week because the launch of the $SOLX presale, but Solaxy’s native token is taking no prisoners. After raising $350K in its first 24 hours, just five days later, that tally has skyrocketed to $2.85M.
Crypto investors are clearly excited by Solaxy’s plan to construct a Layer 2 protocol that can construct on Solana, incorporating all its good bits and massively improving on where it’s been falling short.
Solana’s super-high transaction volumes (178.75M over the past seven days, in accordance with DappRadar) are driven mostly by meme coins, and have resulted in some congestion issues and failed transactions.
That’s why that is great news for crypto investors – particularly those trading meme coins. Solana is, in spite of everything, the platform where nearly all of meme coins are launched and traded. However it’s not only Solana that’s set to attain.
As a multi-chain solution, Solaxy will bridge that critical divide between the large boys of blockchain – Ethereum and Solana. And which means taking advantage of the high liquidity and security that Ethereum’s DeFi ecosystem brings to the table.
Ethereum and DeFi go hand-in-hand, with a complete value locked of $131.42B. That said, Solana can be a key player within the DeFi arena – second to Ethereum, with $14.33B in total locked value. And that’s one among the most important reasons behind investors clambering to purchase $SOLX – DeFi domination is imminent.
Solaxy’s Meteoric Presale Is On Fire
The $SOLX presale launched at a cool $0.001. But that was every week ago, and the worth has now risen to $0.00157. And, with a complete token supply of 138,046B, staking rewards are currently estimated at a powerful 1,239% each year.
The subsequent price stage begins tomorrow in lower than 10 hours, when the $SOLX kitty is predicted to hit the $3.132M mark.
As for the $SOLX tokenomics, 30% has been allocated to the event of that all-important Layer 2 ecosystem, and 25% for early bird rewards. The remaining amount is split between the project’s treasury (20%), marketing (15%), and listing the $SOLX on DEXs and CEXs (10%).
Buy $SOLX
$SOLX will be bought with $ETH, $USDT, and by credit or debit card. $BNB is one other payment option. But be warned, you’ll lose out on the annual staking rewards in the event you decide to purchase presale $SOLX with $BNB.
As for the cardboard payment option, you’ll need to link your bank card to a crypto wallet before making a transaction. The Solaxy website recommends that potential investors who don’t yet have a crypto wallet download the Best Wallet app .
Best Wallet is an excellent selection – it’s free, secure, and offers lower transaction fees. And, importantly, it’s a non-custodial wallet in the shape of a mobile-only app. Unlike many other crypto wallets that belong to centralized exchanges or corporations, Best Wallet gives users full and sole control over their wallet.