The meme coin sector recently saw the rise of numerous highly successful presales, and the newest one emerged only six days ago in the SOL ecosystem. The new Solana ICO saw the project known as Solaxy (SOLX) kick off its presale on December 12, and by December 18, the project had already raised over $2 million.
Solaxy became an instant hit from the start, and there could be several reasons for it. First, it emerged in the Solana ecosystem, which has seen rapid growth of its meme coin sector throughout the year. Some of the top-ranking meme coins right now are Solana-based cryptos that emerged in 2024.
Then, there is the fact that the project also uses Pepe’s likeness on its website and promotional posts, which could lead many to it thanks to the fact that Pepe (PEPE) is currently the third-largest meme coin by market cap. There is also the fact that Pepe Unchained, the biggest and most successful ICO of the year, recently finished its presale, only for its price to skyrocket.
However, the most important and influential factor is likely the fact that this is Solana’s first Layer-2 project. Solana itself is one of the industry’s fastest and cheapest blockchains, which was by design. It emerged as an Ethereum competitor, seeking to offer a blockchain that would not suffer from Ethereum’s slow transfer speeds and high fees, and it was largely successful.
But, it has developed its own issues along the way, including network congestion and a common occurrence where its transactions would fail. By opting to launch on its own Layer-2 blockchain that would operate as a side-chain in Solana’s ecosystem, Solaxy could finally get rid of these issues.
BUY SOLX WHILE ITS PRICE IS LOW
What Does Solaxy Have To Offer?
As mentioned, Solaxy will run on a L2 blockchain, which will allow it to solve issues that trouble Solana, while still maintaining the speed and low cost of its transactions.
Also, while it is primarily a SOL project, it will be a multi-chain project that will run on Solana and Ethereum at the same time. This puts it in a perfect position to act as a bridge between the two networks, their ecosystems, and their communities, while its technology will make it a more advanced option than either of the two networks.
Solaxy is imagined as an everyday coin to be used by meme coin community members, offering a smooth, fast, and cheap experience.
This is what attracted people to its ICO, which raised $2.06 million as of December 18. Its token, SOLX, currently sells for only $0.001566, but anyone interested in buying the token should not wait too long to do it. As with most other ICOs, the Solaxy presale will go through different stages, and each one will bring a small boost to its price.
JOIN THE SOLX ICO EARLY FOR THE GREATEST GAINS
In other words, the sooner you buy it, the lower the price you’ll pay for it will be. Right now, the price may be at $0.001566, but in less than two days, the project will see its next minor price increase, so do your research and react soon. If you decide to buy the SOLX token, you can do it using ETH, USDT, BNB, or credit/debit cards.
