{"id":4476,"date":"2024-12-19T14:13:49","date_gmt":"2024-12-19T14:13:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4476"},"modified":"2024-12-19T14:13:49","modified_gmt":"2024-12-19T14:13:49","slug":"the-ultimate-layer-2-solaxy-combines-ethereums-strength-with-solanas-speed-for-defi-domination","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4476","title":{"rendered":"The Ultimate Layer 2: Solaxy Combines Ethereum\u2019s Strength with Solana\u2019s Speed for DeFi Domination"},"content":{"rendered":"<div>\n<p>It\u2019s been under a week since the launch of the $SOLX presale, but <a href=\"https:\/\/bitcoinist.care\/box_eb5be00ea5f4991d0472c14f347f4181\" target=\"_blank\" rel=\"noopener nofollow\">Solaxy\u2019s<\/a> native token is taking no prisoners. After raising $350K in its first 24 hours, just five days later, that tally has skyrocketed to $2.85M.<\/p>\n<p>Crypto investors are clearly excited by Solaxy\u2019s plan to build a Layer 2 protocol that will build on Solana, incorporating all its good bits and massively improving on where it\u2019s been falling short.\u00a0<\/p>\n<p>Solana\u2019s super-high transaction volumes (178.75M over the past seven days, according to <a href=\"https:\/\/dappradar.com\/chain\/solan\" target=\"_blank\" rel=\"noopener nofollow\">DappRadar<\/a>) are driven mostly by meme coins, and have resulted in some congestion issues and failed transactions.\u00a0<\/p>\n<p>That\u2019s why this is great news for crypto investors \u2013 particularly those trading meme coins. Solana is, after all, the platform where the majority of meme coins are launched and traded. But it\u2019s not just Solana that\u2019s set to score.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-356625 size-large\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/12\/Solaxy.jpeg?resize=660%2C660\" alt=\"Powered by $SOLX, Solaxy\u2019s Layer 2 protocol is drawing much attention from investors\u00a0\" width=\"660\" height=\"660\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/12\/Solaxy.jpeg?w=1200 1200w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/12\/Solaxy.jpeg?w=300 300w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/12\/Solaxy.jpeg?w=420 420w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/12\/Solaxy.jpeg?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/12\/Solaxy.jpeg?w=660 660w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/12\/Solaxy.jpeg?w=64 64w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/12\/Solaxy.jpeg?w=75 75w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/12\/Solaxy.jpeg?w=350 350w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/12\/Solaxy.jpeg?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/12\/Solaxy.jpeg?w=1140 1140w\" sizes=\"(max-width: 660px) 100vw, 660px\"><\/p>\n<p>As a multi-chain solution, Solaxy will bridge that critical divide between the big boys of blockchain \u2013 Ethereum and Solana. And that means making the most of the high liquidity and security that Ethereum\u2019s DeFi ecosystem brings to the table.<\/p>\n<p>Ethereum and DeFi go hand-in-hand, with a total value locked of $131.42B. That said, Solana is also a key player in the DeFi arena \u2013 second to Ethereum, with $14.33B in total locked value. And that\u2019s one of the major reasons behind investors clambering to buy $SOLX \u2013 <a href=\"https:\/\/www.investopedia.com\/decentralized-finance-defi-5113835\" target=\"_blank\" rel=\"noopener nofollow\">DeFi <\/a>domination is imminent.\u00a0<\/p>\n<p><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" class=\"wp-image-356627 size-large\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/12\/Solana_DappRadar.png?resize=980%2C553\" alt=\"Solana\u2019s DeFi TVL. Source: DappRadar\" width=\"980\" height=\"553\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/12\/Solana_DappRadar.png?w=1200 1200w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/12\/Solana_DappRadar.png?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/12\/Solana_DappRadar.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/12\/Solana_DappRadar.png?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/12\/Solana_DappRadar.png?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2024\/12\/Solana_DappRadar.png?w=1140 1140w\" sizes=\"auto, (max-width: 980px) 100vw, 980px\"><\/p>\n<h2>Solaxy\u2019s Meteoric Presale Is On Fire<\/h2>\n<p>The $SOLX presale launched at a cool $0.001. But that was a week ago, and the price has now risen to $0.00157. And, with a total token supply of 138,046B, staking rewards are currently estimated at an impressive 1,239% per annum.<\/p>\n<p>The next price stage begins tomorrow in less than 10 hours, when the $SOLX kitty is expected to hit the $3.132M mark.\u00a0<\/p>\n<p>As for the $SOLX tokenomics, 30% has been allocated to the development of that all-important Layer 2 ecosystem, and 25% for early bird rewards. The remaining amount is split between the project\u2019s treasury (20%), marketing (15%), and listing the $SOLX on DEXs and CEXs (10%).<\/p>\n<h2>How to Buy $SOLX<\/h2>\n<p>$SOLX can be bought with $ETH, $USDT, and by credit or debit card. $BNB is another payment option. But be warned, you\u2019ll lose out on the annual staking rewards if you choose to purchase presale $SOLX with $BNB.<\/p>\n<p>As for the card payment option, you will need to link your credit card to a crypto wallet before making a transaction. The Solaxy website recommends that potential investors who don\u2019t yet have a crypto wallet download the <a href=\"https:\/\/bitcoinist.care\/box_e391387a4378b5e8afeec303e605aacc\" target=\"_blank\" rel=\"noopener nofollow\">Best Wallet app<\/a> .\u00a0<\/p>\n<p>Best Wallet is a good choice \u2013 it\u2019s free, secure, and offers lower transaction fees. And, importantly, it\u2019s a non-custodial wallet in the form of a mobile-only app. Unlike many other crypto wallets that belong to centralized exchanges or companies, Best Wallet gives users full and sole control over their wallet.\u00a0<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s been under a week since the launch of the $SOLX presale, but Solaxy\u2019s native token is taking no prisoners. After raising $350K in its first 24 hours, just five days later, that tally has skyrocketed to $2.85M. Crypto investors are clearly excited by Solaxy\u2019s plan to build a Layer 2 protocol that will build [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-4476","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4476"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4476\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}