Berachain (BERA) is a new crypto project that just went live during the week only to immediately see a massive price surge.
https://x.com/berachain/status/1887485522492203155
The coin went from the price of $1 to $14.99, skyrocketing nearly 1500% within two hours after launch. Since then, however, its price was corrected, or rather, it got cut in half, dropping to its current value of $7.41. Even so, it is still over 660% higher than where it was when it started.
Besides, it is perfectly normal for new altcoins to see a rapid surge after going live, only to then see a correction and stabilize at a more realistic price level when the hype blows over. Interestingly for Berachain, its value stabilized at around $7.4 rather quickly, and while it is still seeing small fluctuations, it has been trading sideways for over 18 hours now.
The project describes itself as an EVM-identical L1 blockchain powered by Proof of Liquidity. It also features single-slot finality enabled by the modular BeaconKit framework, and it aligns security and liquidity at the protocol level.
The project also offers Bera NFT airdrops claimable on its platform.
https://x.com/berachain/status/1887488527769727297
But, despite Berachain’s meteoric rise, the project’s price has since stabilized, and many now believe that getting the coin at this point might be too late, especially if your goal is to see major gains. Instead, there are alternatives such as Solana’s new meme coin ICO, Solaxy (SOLX), which is speeding towards a massive milestone.
BUY SOLX AND TRADE WITHOUT FEARING TRANSACTION FAILURES
Solaxy Can Fix Solana Network’s Main Problem
Solaxy is a new crypto project launching in the SOL ecosystem. However, it is worth noting that this will be Solana’s first-ever Layer-2 project, which was enough to draw attention to the project.
But, the reason why its presale blew up is the fact that it aims to solve one of the biggest problems that the SOL network is facing — its major network congestion issue.
Solana was initially created in response to Ethereum’s problems, including slow speeds and high transaction fees. But, while it solved these issues very efficiently, it did not handle scalability adequately. As soon as the network got busy, this became apparent to its users, who suddenly started experiencing transaction failures.
This is where Solaxy enters the picture, as the project’s L2 solution offers the same speeds and low fees as Solana, but unlike the base SOL network, it offers infinite scalability. As a result, it will never experience transaction failures, making it a more reliable solution for those in the SOL ecosystem.
Also, the project intends to run simultaneously in Solana’s and Ethereum’s ecosystems alike, which will not only offer the same top-quality solution to both of their communities but will also act as a bridge between the two ecosystems.
These, and other advantages — such as high staking rewards, currently at 218% — have pushed investors toward the project and its ICO, which exploded since going live a few weeks ago. So far, it raised over $20 million. From there, its biggest achievement in a while will be hitting $23 million, and at the current rate, the project could be there within a few days.
JOIN SOLX BEFORE ITS PRICE SEES ITS NEXT INCREASE
So, with that kind of demand, SOLX could easily see a major price surge once its ICO ends and the token goes live, meaning that buying it early, while its price is still only $0.001628 could be extremely rewarding.
