Solaxy’s $SOLX presale is exploding! In just a week, it’s gone from raising $350,000 to over $2.85 million. Why the excitement? Let’s dive in.
Solving Solana’s Congestion
Solana’s incredibly high transaction volume (over 178.75 million in the last week alone) is mostly driven by meme coins. This popularity, however, has led to network congestion and failed transactions. Solaxy aims to fix this.
Bridging the Ethereum-Solana Gap
Solaxy is building a Layer-2 protocol on Solana, leveraging its speed while addressing its weaknesses. But it’s not just about Solana. Solaxy acts as a bridge between Solana and Ethereum, combining Solana’s speed with Ethereum’s robust DeFi ecosystem and security. This opens up a massive opportunity, given Ethereum’s $131.42 billion in total value locked (TVL) and Solana’s significant $14.33 billion TVL.
The $SOLX Presale: A Quick Look
The $SOLX presale started at $0.001 per token, but the price has already jumped to $0.00157. With a total supply of 138,046 billion tokens, current staking rewards are estimated at a whopping 1,239% APR. The next price increase is imminent!
$SOLX Tokenomics
- Ecosystem Development: 30%
- Early Bird Rewards: 25%
- Treasury: 20%
- Marketing: 15%
- DEX/CEX Listings: 10%
How to Buy $SOLX
You can buy $SOLX using ETH, USDT, credit/debit cards, or BNB. However, using BNB will mean you miss out on staking rewards. If paying by card, you’ll need a crypto wallet – the Solaxy website recommends the Best Wallet app. Best Wallet is free, secure, offers low fees, and importantly, is a non-custodial wallet, giving you complete control over your funds.