That is the 12 months of memecoins. Widespread meme cash like DOGE, BONK, Pepe and FLOKI have managed to garner a whole lot of consideration. Even newer memecoins reminiscent of Wall Avenue Pepe and Flockerz have additionally left a mark available in the market in only a few days.
Total, it was an excellent 12 months for meme cash yearly. However the one identify that stands out essentially the most with specialists speculating whether or not it may be the subsequent 100x token or not is Solaxy ($SOLX).
For individuals who don’t know, Solaxy is growing a revolutionary layer-2 answer for Solana and $SOLX is its native forex. Solana is already a well-liked change community, and it’s the just one that may compete with Ethereum for the time being. In truth, lately it overtook Ethereum because the change with the best variety of builders.
Nevertheless, extra demand brings extra visitors which ends up in congestion and gradual transactions. That is the place the layer-2 protocol steps in. Now let’s see whether or not $SOLX has what it takes to be the subsequent 100x token.
Can It Actually Be the Subsequent 100x Token?
At this stage, it’s arduous to say whether or not $SOLX is usually a 100x token however there are indicators that present that it has huge potential.
The most important motive is that Solaxy solves a whole lot of ache factors:
- As a result of heavy visitors, Solana’s efficiency has been taking a severe hit. Solaxy fixes this difficulty by implementing offloading processing to scale back the burden on Solana’s layer 1, thereby dashing up transactions.
- Solana’s layer 1 struggles with scalability whereas Solaxy makes use of transaction bundling to allow scalability whereas holding prices low and output excessive.
Solaxy doesn’t utterly overwrite Solana. It merely takes one of the best options from the community, fixes its shortcomings, and creates a robust new product.
Another excuse why we expect that Solaxy is perhaps the subsequent 100x token is that it has irked a whole lot of curiosity for the reason that starting of its presale. In simply the primary week of its presale, it crossed greater than $3 million in gross sales.
Many specialists have additionally predicted its success. As soon as the presale ends (which is able to in all probability occur in 2025), analysts predict that the token will expertise its first worth surge, which is prone to be round 20x as per present market situations. This quantity will ultimately develop larger because the 12 months rolls relying on how properly the token can maintain the hype.
The 12 months 2026 may not be very promising for the token. Consultants are predicting a market crash which could trigger the worth of $SOLX tokens to dip. However once more, who has seen what’ll occur a 12 months later? For now, there’s definitely a chance for $SOLX to be the subsequent 100x token.
