### **🚀 INITIA (INIT): NEW MODULAR LAYER-1 UP 30% – IS IT WORTH INVESTING?**
#### **🔍 PROJECT SUMMARY:**
1️⃣ **What is Initia?**
- **Layer-1 modular** with support for **customizable L2 rollups**.
- Built by former Terraform Labs (Stan Liu & Ezaan Mangalji).
- Unique feature: **Interwoven Rollups** → Solution for liquidity fragmentation & scalability.
2️⃣ **INIT Token:**
- Used for **gas fees, staking, governance** in the Initia network.
- **TVL $300 million+** with **12 active rollup chains**.
- Price: **$0.87** (↑30% since TGE April 24).
3️⃣ **Growth Potential:**
- Market cap is still small (**$131 million**) vs competitors (SUI, Aptos, ATOM).
- If it breaks **$1**, it could start chasing a capitalization of **$1 billion+**.
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### **📈 COMPARE WITH OTHER PROJECTS:**
🔹 **Solaxy (SOLX):**
- **First L2 for Solana** → Presale nearly reached **$32.5 million**.
- Solution for **Solana congestion** with rollup technology.
- Presale price: **$0.00171** (expected to rise soon).
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### **💡 TRADING STRATEGY:**
✅ **Initia (INIT):**
- Breakout at **$1** could be a bullish signal.
- Accumulate at **$0.75-$0.85** if there is a correction.
✅ **Solaxy (SOLX):**
- Monitor **presale & roadmap** → High potential if Solana adoption continues to grow.
⚠️ **Risks:**
- Initia is still very new → High volatility.
- Competition in L1/L2 is very tight.
