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Reading: The Ultimate Layer 2: Solaxy Combines Ethereum’s Strength with Solana’s Speed for DeFi Domination
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Mycryptopot > News > Crypto > Altcoins > The Ultimate Layer 2: Solaxy Combines Ethereum’s Strength with Solana’s Speed for DeFi Domination
Altcoins

The Ultimate Layer 2: Solaxy Combines Ethereum’s Strength with Solana’s Speed for DeFi Domination

December 19, 2024 4 Min Read
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The Ultimate Layer 2: Solaxy Combines Ethereum’s Strength with Solana’s Speed for DeFi Domination
mycryptopot

It’s been below per week for the reason that launch of the $SOLX presale, however Solaxy’s native token is taking no prisoners. After elevating $350K in its first 24 hours, simply 5 days later, that tally has skyrocketed to $2.85M.

Crypto traders are clearly excited by Solaxy’s plan to construct a Layer 2 protocol that may construct on Solana, incorporating all its good bits and massively bettering on the place it’s been falling brief. 

Solana’s super-high transaction volumes (178.75M over the previous seven days, based on DappRadar) are pushed principally by meme cash, and have resulted in some congestion points and failed transactions. 

That’s why that is nice information for crypto traders – significantly these buying and selling meme cash. Solana is, in any case, the platform the place the vast majority of meme cash are launched and traded. However it’s not simply Solana that’s set to attain.

mycryptopot
Powered by $SOLX, Solaxy’s Layer 2 protocol is drawing much attention from investors 
Powered by $SOLX, Solaxy’s Layer 2 protocol is drawing a lot consideration from traders

As a multi-chain resolution, Solaxy will bridge that crucial divide between the massive boys of blockchain – Ethereum and Solana. And which means profiting from the excessive liquidity and safety that Ethereum’s DeFi ecosystem brings to the desk.

Ethereum and DeFi go hand-in-hand, with a complete worth locked of $131.42B. That stated, Solana can be a key participant within the DeFi area – second to Ethereum, with $14.33B in complete locked worth. And that’s one of many main causes behind traders clambering to purchase $SOLX – DeFi domination is imminent.

Solana’s DeFi TVL. Source: DappRadar
Solana’s DeFi TVL. Supply: DappRadar

If you wish to safe your spot within the first Solana Layer 2 presale, go to the official Solaxy web site now.

Solaxy’s Meteoric Presale Is On Fireplace

The $SOLX presale launched at a cool $0.001. However that was per week in the past, and the value has now risen to $0.00157. And, with a complete token provide of 138,046B, staking rewards are presently estimated at a powerful 1,239% every year.

mycryptopot

The following worth 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 allotted to the event of that all-important Layer 2 ecosystem, and 25% for early fowl rewards. The remaining quantity is cut up between the venture’s treasury (20%), advertising and marketing (15%), and itemizing the $SOLX on DEXs and CEXs (10%).

The best way to Purchase $SOLX

$SOLX may be purchased with $ETH, $USDT, and by credit score or debit card. $BNB is one other fee possibility. However be warned, you’ll lose out on the annual staking rewards in the event you select to buy presale $SOLX with $BNB.

As for the cardboard fee possibility, you’ll need to hyperlink your bank card to a crypto pockets earlier than making a transaction. The Solaxy web site recommends that potential traders who don’t but have a crypto pockets obtain the Finest Pockets app. 

Finest Pockets is an effective selection – it’s free, safe, and affords decrease transaction charges. And, importantly, it’s a non-custodial pockets within the type of a mobile-only app. Not like many different crypto wallets that belong to centralized exchanges or firms, Finest Pockets provides customers full and sole management over their pockets. 

mycryptopot

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