### **๐ INITIA (INIT): NEW MODULAR LAYER-1 UP 30% โ IS IT WORTH INVESTING?**
#### **๐ PROJECT SUMMARY:**
1๏ธโฃ **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** โ Solution for liquidity fragmentation & scalability.
2๏ธโฃ **INIT Token:**
- Used for **gas fees, staking, governance** in the Initia network.
- **TVL $300 million+** with **12 active rollup chains**.
- Price: **$0.87** (โ30% since TGE April 24).
3๏ธโฃ **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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### **๐ COMPARE WITH OTHER PROJECTS:**
๐น **Solaxy (SOLX):**
- **First L2 for Solana** โ 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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### **๐ก TRADING STRATEGY:**
โ **Initia (INIT):**
- Breakout at **$1** could be a bullish signal.
- Accumulate at **$0.75-$0.85** if there is a correction.
โ **Solaxy (SOLX):**
- Monitor **presale & roadmap** โ High potential if Solana adoption continues to grow.
โ ๏ธ **Risks:**
- Initia is still very new โ High volatility.
- Competition in L1/L2 is very tight.
