*Solaxy (SOLX): The Solana Layer-2 That's Making Waves*
Solaxy is gaining attention in the crypto world with its ongoing presale, which has already raised nearly $50 million. Here's a summary of the project:
*What is Solaxy?*
Solaxy is a Layer-2 "overflow engine" for Solana, designed to tackle congestion and network outages. It processes high-volume traffic off-chain, settling only finalized batches back on Solana's mainnet.
*Key Features:*
- *Faster and Cheaper Transactions:* Solaxy promises to improve transaction speeds and reduce costs.
- *DeFi and NFT Support:* Solaxy's solution is critical for DeFi protocols, NFT drops, and high-frequency traders.
- *Strategic Partnerships:* Solaxy has ties to Hyperlane and major Solana ecosystem builders.
*Launch Roadmap:*
- *June 29, 2025:* Wiki & Developer Portal Live
- *June 30, 2025:* Staking Unlocks Begin
- *July 7, 2025:* Claim Day & Mainnet Launch
- *July 14, 2025:* Neptoon DEX Launch
- *July 21, 2025:* Igniter Launchpad Activation
*Tokenomics:*
- *Total Supply:* 138 billion SOLX
- *Presale Allocation:* ~13.8 billion SOLX (10%)
- *Price:* $0.001626 per SOLX in presale
- *Staking Rewards:* Up to 20% APY for early stakers
*Why Watch Solaxy?*
- *Infrastructure Play:* Layer-2 solutions have driven growth on networks like Ethereum.
- *Institutional Interest:* Publicly traded firms have seen gains by betting on SOL ecosystem growth.
- *First-Mover Advantage:* Solaxy stands to capture market share as a Solana Layer-2.
*How to Participate:*
- *Join the Presale:* Visit Solaxy's official site before July 6.
- *Connect a Wallet:* Use a non-custodial Solana wallet.
- *KYC & Purchase:* Complete minimal KYC and secure your allocation.
*Risks and Considerations:*
- *Presale Volatility:* Rapid price swings are common in presales.
- *Regulatory Uncertainty:* Keep an eye on evolving frameworks.
- *Execution Risk:* Roadmap delays or technical issues can impact token value. #SOL