### **🚀 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.

#Initia #INIT #Solaxy #Layer1 #crypto