The Solana Layer 2 Revolution: Why Solaxy’s $SOLX Could Be The Next 100x Token

This is the year of memecoins. Popular meme coins like DOGE, BONK, Pepe and FLOKI have managed to garner a lot of attention. Even newer memecoins such as Wall Street Pepe and Flockerz have also left a mark in the market in just a few days.

Overall, it was a good year for meme coins every year. But the one name that stands out the most with experts speculating whether it can be the next 100x token or not is Solaxy ($SOLX).

For those who don’t know, Solaxy is developing a revolutionary layer-2 solution for Solana and $SOLX is its native currency. Solana is already a popular exchange network, and it is the only one that can compete with Ethereum at the moment. In fact, recently it overtook Ethereum as the exchange with the highest number of developers.

However, more demand brings more traffic which leads to congestion and slow transactions. This is where the layer-2 protocol steps in. Now let’s see whether $SOLX has what it takes to be the next 100x token.