Next Big Crypto: Solaxy Presale Attracts Whales As XRP Falters

XRP can’t maintain momentum, with its Q1 price recovery fading into another weekend decline. Meanwhile, Solaxy’s presale performance remains impressive, with investors raising $26 million in just a few months.

One cryptocurrency expert predicts potential 100x returns once Solaxy hits full launch, which explains why whales are reportedly directing their capital toward SOLX tokens.

XRP’s Persistent Price Struggles

XRP is continuing to face significant headwinds in the market. After a brief uptick late last week, XRP declined again, dropping over 5% from Friday’s high to $2.33.

The long-term outlook remains concerning – XRP has fallen 31% from its January peak, with each rally attempt quickly suppressed by selling pressure.

The 3.5% decrease in open interest further suggests waning trader confidence.

While XRP falters, crypto whales appear to be setting their sights elsewhere. Enter Solaxy – the Solana-based Layer-2 protocol that has attracted an average of $100,000 daily in its ongoing presale.

Currently, investors can buy SOLX tokens at $0.001666 during the presale. Still, this entry point won’t last long  – Solaxy’s presale operates in phases, with price increases scheduled every few days, rewarding early participants with better rates.

SOLX is available via cryptocurrency, bank cards, or through the Best Wallet application. The team has also confirmed plans for a DEX listing following the presale conclusion.

Solaxy’s Layer 2 Brings Missing Ingredient to Solana 

Despite Solana’s strong performance among blockchain platforms in recent years, it has encountered persistent congestion issues, which is where Solaxy steps in. As a Layer 2 scaling solution, it processes transactions off-chain before batching them for settlement on Solana’s L1 network.

This architecture reduces congestion, cuts fees, and improves efficiency without compromising essential security features. The development team is also building a cross-chain bridge to Ethereum, which is perhaps why investors globally are rushing to participate in the SOLX presale. Umar Khan, an analyst from 99Bitcoins, suggests that investing during the presale could be strategically beneficial.

Khan predicts SOLX could see anywhere from a 20x to a 100x gain once trading begins, citing Solaxy’s strong fundamentals, massive X (Twitter) community, and the broader demand for Solana-based scaling solutions.

Considering Khan’s history of identifying successful cryptocurrencies early (such as Pepe Unchained), investors hope his assessment will be accurate again.

Solaxy Wallet Integration and DEX Listings

With millions pouring into Solaxy’s presale, many wonder what comes next. Fortunately, the team provides regular development updates, with the latest suggesting rapid progress.

They’re focusing on wallet integrations to make Solaxy more accessible to non-technical users, expanding their token launchpad to attract new projects, and optimizing their rollup infrastructure for increased performance.

A dedicated bridge user interface is also under development – making cross-chain transfers more straightforward than ever before. All indicators suggest a serious push toward widespread adoption.

Meanwhile, Solaxy’s staking application continues gaining traction, with over 7.5 billion SOLX already locked. Reports indicate whales are accumulating positions discreetly, fueling speculation that the upcoming exchange listing could be a major market event.

Visit Solaxy Presale

While no official listing date has been announced, investors anticipate a Q2 debut, followed by the complete deployment of Solaxy’s Layer-2 solution. Overall, the outlook appears promising for this emerging project.

If developments proceed as anticipated, 2025 could be the year Solaxy establishes itself as a fundamental component of the Solana ecosystem.

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