Whar is Solaxy Presale? Everything You Need To Know

Recently, Solaxy (SOLX) achieved a noteworthy milestone by surpassing the $46 million threshold in its presale, which is just six days away from closing. This accomplishment demonstrates the project’s unquestionable investor faith and enthusiasm.

In order to guarantee that users never see blocked or unsuccessful transactions, even during times of high network usage, Solaxy, the first Layer-2 blockchain ever developed on top of Solana, seeks to offer a scaling solution.

In a market where Bitcoin is hovering at all-time highs and poised for a breakthrough, getting in early at a presale like Solaxy could yield substantial profits.

Solaxy is the First Step in Solana’s Future Scaling

There have been instances of congestion on Solana, which has caused users to lose time and money due to unsuccessful transactions, despite the network’s reputation for speed and cheap rates.

For Solana, Solaxy is developing the first-ever Layer-2 scaling solution to alleviate congestion in networks. This is accomplished by having the L2 blockchain process all of the transactions that occur on its chain, then return the bundled transactions to the Solana mainnet for settlement.

An enormous step forward for the project, the most recent development update verified that the Solaxy testnet is now operational, allowing users to begin real-time testing of Solaxy’s infrastructure and functionalities.

Using the dedicated RPC URL, developers and consumers interested in experimenting can connect using Backpack Wallet. In addition, the project’s bridge allows them to connect Solana Devnet to the Solaxy testnet, and the block explorer allows them to monitor transactions. Now that the testnet is live, you can deploy smart contracts using Solana’s native toolset.

Igniter Protocol, a decentralized exchange and platform for launching tokens, is being developed by the team, as they recently stated. When an Igniter token’s bonding curve is complete, it will become instantly liquid on the DEX. This action establishes Igniter Protocol as a possible rival to Pump.pleasure in the expanding token launch market.

All things considered, this framework opens the door to possibilities like meme coin marketplaces and high-throughput DeFi applications.

/ You can claim a welcome reward of up to 10,055 USDT🎁\

The Future of DeFi on Multiple Chains

The heart of the Solaxy network is the SOLX token. The goal of SOLX, a native asset on both Ethereum and Solana, is to combine the advantages of both platforms, namely the cheap transaction costs and high speed of Solana with the liquidity of Ethereum.

If you’re interested in Solana or prefer Ethereum’s protocols, SOLX can bring both markets together for you.

The fact that Solaxy’s staking mechanism provides a dynamic APY of 87% is another big incentive for early adopters. Those planning to keep the token for the long haul will find this incentive appealing.

The time is running out for individuals who are thinking about an entry point. After the seven-day presale ends, SOLX will be available for trading on exchanges. After then, the market forces of supply and demand will decide the token’s price.

Trending crypto analysis Cryptonews, a YouTube channel, predicts that Solaxy will soon burst as the next 100x meme coin.

Get Your SOLX in Time for the Presale

Time is running out to secure your spot early. Pre-sale funds for Solaxy have surpassed $46 million, demonstrating widespread enthusiasm in the cryptocurrency industry. Investors who wish to take advantage of the discounted pricing on SOLX must act quickly, since there are only six days left.

By visiting the official Solaxy presale website, users can purchase the token using SOL, ETH, BNB, USDT, or bank cards, and they can also participate in the presale. Soon after the presale concludes, token claiming will be available.

Already having a functional testnet, bridge, and block explorer, as well as a planned decentralized exchange (DEX) and a platform to launch tokens, Solaxy is well ahead of many projects that haven’t even reached the whitepaper stage. With one of the biggest presales on the market, Solaxy is definitely one to keep an eye on.

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