{"id":4713,"date":"2024-12-25T13:33:30","date_gmt":"2024-12-25T13:33:30","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4713"},"modified":"2024-12-25T13:33:30","modified_gmt":"2024-12-25T13:33:30","slug":"solx-hits-5m-on-presale-fixes-solana-congestion-with-its-l2","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4713","title":{"rendered":"SOLX Hits $5M on Presale, Fixes Solana Congestion With Its L2"},"content":{"rendered":"
\n

Just four days after hitting the $4M milestone, new presale project Solaxy (SOLX) reached $5M. Ten days is an astonishing pace to raise millions in funding. So what\u2019s special about Solaxy?<\/p>\n

Well, Solaxy<\/a> is Solana\u2019s first Layer-2 solution that focuses on meme coins. This means Solaxy could resolve Solana\u2019s congestion issues by processing part of transactions off-chain.<\/p>\n

On top of that, Solaxy bridges Solana with Ethereum. It takes the best of both networks: high liquidity, security, and developer tools, fixes their shortcomings, and delivers an entirely new powerful ecosystem.<\/p>\n

Saving Solana From Itself \u2013 Faster, Cheaper Meme Coin Trading<\/h2>\n

Solana saw a massive spike in user interest<\/a> this year, largely due to its burgeoning meme coin sector. The reason is simple: Solana offers high speeds, low fees, and versatile developer tools. In fact, with pump.fun, anyone can launch a meme coin on Solana with zero coding skills.<\/p>\n

But in a way, Solana became a victim to its own success. The network\u2019s performance took a hit due to heavy traffic.<\/p>\n

Solaxy aims to make transfers on Solana smoother, faster, and cheaper with its Layer-2 technology. No more congestion and failed transactions.<\/p>\n

\"Solaxy<\/p>\n

It\u2019s true that Solana founder Anatoly Yakovlenko<\/a> deems Layer-2s parasitic when they take away more resources from the base layer than they contribute, like in the case of Ethereum.<\/p>\n

However, Solaxy doesn\u2019t want to replace Solana. Instead, it builds upon Solana\u2019s strengths, merging them with Ethereum\u2019s liquidity and security, to create a high-performance network for degen traders. A network that would accommodate the ever-growing transaction volumes.<\/p>\n

$5M Raised, 755% Staking APY \u2013 Can SOLX Repeat BONK\u2019s Success?<\/h2>\n

Solaxy presale<\/a> kicked off on December 14 and raised $1M in three days. The project\u2019s X account<\/a> is nearing 20K followers, and opinion leaders like ClayBro<\/a> see serious potential in Solaxy\u2019s Layer-2 solution.<\/p>\n

It\u2019s still early to judge if SOLX will repeat the success of top Solana meme coins like BONK and PENGU. But community interest is evident from the $5M raised, most of which will go toward product development and marketing to expand the project\u2019s reach.<\/p>\n

\"Solaxy<\/p>\n

A substantial 25% of the total token supply is set aside for staking rewards. Early adopters have already staked over 1.5B SOLX at a 755% APY.<\/p>\n

The presale will end in early 2025, but the SOLX price will increase gradually every couple of days. This means SOLX may never cost as little as now, just $0.001578 per token.<\/p>\n

After the token claim, we expect to see SOLX on tier-1 DEXs and CEXs. To clarify: no listings are confirmed yet. However, it wouldn\u2019t be a stretch to assume the likes of Uniswap and Binance will endorse a project with such strong utility and community support.<\/p>\n

Be the First to Explore Solaxy<\/h2>\n

Meme coins<\/a> lead this bull cycle. But unlike 2021 when meme projects relied on hype alone, this time, they add some solid utility into the mix. And Solaxy is a prime example of such a quasi meme coin carrying real value.<\/p>\n

If you want to board this starship before it takes off, visit the official Solaxy presale website, connect your wallet, and exchange ETH, USDT, or BNB for SOLX.<\/p>\n

However, don\u2019t take anyone\u2019s word for it. There are no guarantees in the crypto market. Remember to DYOR and only invest as much as you can afford to lose.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Just four days after hitting the $4M milestone, new presale project Solaxy (SOLX) reached $5M. Ten days is an astonishing pace to raise millions in funding. So what\u2019s special about Solaxy? Well, Solaxy is Solana\u2019s first Layer-2 solution that focuses on meme coins. This means Solaxy could resolve Solana\u2019s congestion issues by processing part of […]<\/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-4713","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\/4713","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=4713"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4713\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}