As Solaxy’s presale nears $26 million, popular crypto YouTuber Cilinix Crypto highlights why traders are backing this project. Positioned as a groundbreaking Solana Layer-2 (L2) solution, Solaxy enhances scalability, improves network efficiency, and addresses congestion and failed transactions.
By leveraging advanced infrastructure, it strengthens Solana’s capabilities, ensuring a more resilient and future-proof network. Notably, Solaxy functions as a multi-chain token, integrating Ethereum and Solana to optimize speed and scalability.
This cross-chain compatibility enhances liquidity and functionality across both ecosystems. Additionally, with meme coins fueling market activity, Solaxy’s high-performance infrastructure is designed to support high-volume trading, making it an essential solution for efficiency-focused traders.
Source – Cilinix Crypto on YouTube
Investors Flock to Solaxy – Staking Rewards and Presale Surge to $25.8M
Currently, the Solaxy presale has gained significant traction, raising over $25.8 million. At the time of writing, the current price of $SOLX is $0.00166. Investors have a limited window before the next price increase.
Additionally, staking options are available for presale buyers, offering an opportunity to maximize their holdings. Staking has already attracted significant interest, with over 7.2 million $SOLX tokens staked.
The platform offers dynamic staking rewards, currently boasting an estimated 158% return, with monthly and daily reward distributions. Investors can choose to stake their tokens for additional gains or simply hold them for long-term potential.
The tokenomics of Solaxy are strategically structured, with 30% allocated to ongoing development, 25% set aside for rewards, and the remaining portions distributed across marketing, listings, and treasury reserves.
This balanced approach supports sustainable growth and long-term development. Recognizing its potential, Cilinix Crypto personally invested in $SOLX during its early stages in December and February, demonstrating confidence in the project’s future.
Solaxy Expands Token Launchpad & Bridges Chains – Latest Developer Insights
The development team behind Solaxy has been actively updating the community on the project’s progress. Frequent developer updates reinforce transparency and showcase continuous improvements. As of March 3rd, Solaxy has made significant progress in several key areas.
To improve accessibility, the team has partnered with major wallet providers to ensure seamless support for non-technical users. Discussions are also underway with leading platforms to expand Solaxy’s token launchpad, making it easier for projects to deploy on the network.
Infrastructure optimization has been a major focus, with enhancements aimed at reducing latency, increasing bandwidth, lowering transaction fees, and improving on-chain data storage efficiency on Solana L1.
Source – Solaxy Twitter
Additionally, development has begun on a dedicated bridge UI using Hyperlane’s repository, facilitating smooth cross-chain transfers between Solana, Ethereum, Base, and Solaxy, with future integration into Hyperlane’s official interface once the warp route is finalized.
The roadmap outlines key phases, starting with the presale, followed by the token generation event, which will enable buyers to bridge their tokens to the Solaxy L2 blockchain. Post-launch, $SOLX tokens will be listed on both centralized and decentralized exchanges, further increasing accessibility.
The final phase of the roadmap includes the full deployment of Solaxy’s L2 network, addressing Solana’s existing pain points by reducing congestion and improving transaction speeds. With Solana being a hub for new meme coin projects, the demand for a L2 solution has never been higher.
Solaxy aims to be the answer, enhancing the ecosystem with seamless integration and scalability. As the presale continues to gain momentum, early adopters have the opportunity to be part of a project that could redefine the future of blockchain scalability and usability. To take part in the $SOLX token presale, visit solaxy.io.
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