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Solaxy Layer-2Token $SOL, which has raised $7 million through presale, owes its popularity to its plan to build on the Blockchain, which aims to solve the pain points of Solana.
Considering that the value of Solaxy's Layer 2 Token increases every time it reaches a new milestone, now is a good time to participate. $SOLX is currently available at its lowest entry point of 0.001584 USD, so you may want to get in before the price reaches 0.001586 USD in January.
If you take advantage of this opportunity now, you can still get a 533% annual betting reward. With such incentive measures, since the presale went live two weeks ago, $2159104834 worth of SOLX has been staked, which is not surprising.
Solaxy combines the advantages of Solana and Ethereum
The early success of Solaxy's Layer-2 Token demonstrates investors' optimism about the project's performance and future trajectory. 30% (138046B) of the total token amount will be used for network development, which has also instilled confidence.
Solaxy is a multi-chain Token that enables seamless transfer of assets between Blockchains to leverage the advantages of Ethereum and Solana.
Ethereum provides unparalleled security and liquidity, while Solana is the preferred choice for high-frequency trading and decentralized applications.
Merging these two Blockchains can improve user experience, and enable the creation of multi-chain applications that were previously impossible to achieve.
Solaxy Layer-2Token solves the decline of Solana
Solana is now the world's third largest blockchain network with a total locked value (TVL) of $6.28 billion.
Although Solana is an ultra-fast network - processing 71K transactions per second - even Solaxy developers have acknowledged some key drawbacks: congestion, *mail, transaction failures, latency, and scalability issues. When network demand is high, up to 70% of non-voting transactions fail.