Throughout 2024, the meme coin sector continued to blow up, and while the prices have often struggled, meme coins were among the first to bounce back whenever the market allowed it. Now, with the recent price surges starting on November 6, which caused the entire crypto market to start a sharp recovery, new meme coins are emerging faster than ever.
However, if you are looking for the best crypto to buy for 2025, you must still carefully select what coin or token to buy. One of the most recent additions to the industry is a new Solana-based crypto called Solaxy (SOLX), which is actually Solana’s first Layer-2 project.
Solaxy launched its ICO only yesterday, and it immediately blew up, raising over $600k in a day. In fact, as at December 17, at 8 a.m. EST, the project’s total amount raised sits at $659k, showing that it is already closer to its next milestone at $700,000.
As mentioned, this is Solana’s first L2 project, meaning that it is the first meme coin in Solana’s ecosystem to have its own blockchain. Choosing to launch on a Layer-2 chain rather than Solana’s Layer-1 blockchain is expected to bring a number of benefits to the project.
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Why Buy Solaxy?
Compared to Ethereum, Solana is much faster and cheaper to use, however, it too experiences certain pain points, such as network congestion, failed transactions, scalability limitations, and alike. Switching to a Layer-2 chain can allow Solaxy to avoid such issues, while still benefitting from Solana’s speed and low fees.
With that said, Solaxy was designed to be a multi-chain cryptocurrency that will run on Solana and Ethereum, which means that it will enrich both ecosystems with its benefits. More importantly, it will be available for purchase on both of these two chains’ DEXes, making it more available and accessible.
And, with its enhanced speed, power, scalability, and low fees, Solaxy will be a perfect solution for meme coin traders. The ability to run on both chains will also be good for the project, as Solana is known for becoming a home for explosive meme coins, while Ethereum operates the largest and by far the most liquid ecosystem in the industry.
But, its own technological benefits will allow it to bypass the issues plaguing the two chains, including both the outdated Ethereum and Solana, which is often plagued by congestion.
As for the project’s native cryptocurrency, SOLX, it is currently selling for only $0.00156, and it can be bought with ETH, USDT, BNB, or credit/debit cards. However, anyone who decides to buy the token should be aware that its price will still see regular scheduled boosts, as its ICO continues to move from one stage to the next.
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So, while its price currently sits at $0.00156, this will not be the case for long, as the project is scheduled to see its next increase in only two days.
In the end, Solaxy might be the best crypto to buy for 2025 not only because of the demand or the potential to see a major price increase, but because it could be a bridge to the future of DeFi, connecting two massive blockchains, and delivering much better and more advanced technology to the users of both of these ecosystems.
