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The Solaxy (SOLX) ICO is quickly becoming one of the hottest-selling tokens on the market. Initially, Solaxy started with modest momentum, raising a few hundred thousand dollars daily.
However, it has since surged to nearly $1 million in daily activity, putting it in the same league as Wall Street Pepe, the fastest-selling ICO in history.
This remarkable growth raises an important question: what is driving Solaxy’s meteoric rise?
Solaxy raises $15.5 million, competes with top ICOs
In the beginning, Solaxy brought in around $250,000 daily from ICO sales. While this was impressive, it was modest compared to Wall Street Pepe’s fast rise. Recently, Solaxy gained speed, raising over $15.5 million in just a few weeks. Its daily sales now compete with top ICOs, catching the eye of both retail and institutional investors.
Currently priced at $0.001616, $SOLX tokens are available through Solaxy’s official presale site. Best Wallet, a popular non-custodial crypto wallet, also lists $SOLX in its “Upcoming Tokens” section, making it easy for investors to buy and track their tokens.
Payments can be made using ETH, BNB, USDT, or credit cards, offering flexibility for all investors. For more information, investors can check out our guide on purchasing Solaxy tokens here. Solaxy’s team has designed a clear tokenomics plan for steady growth.
The token supply is divided as follows: 30% for development to keep improving the platform, 25% for early investor rewards to boost initial interest, 15% for marketing to grow adoption, 10% for exchange liquidity for smoother trading after listing, and 20% for the treasury to meet future needs.
Security is a core focus for Solaxy. Coinsult, a trusted blockchain security firm, has audited the project’s smart contracts. The audit confirmed that the contracts are safe and free of vulnerabilities, giving investors confidence.
At its current pace, Solaxy is not only rivaling Wall Street Pepe in ICO sales but also positioning itself as a vital player in the Layer 2 space. If you want to see what the future holds for Solaxy, you can check our $SOLX price prediction guide.
Why Solaxy could be the next meme coin to explode?
Off-chain solutions improve blockchain scalability, especially on platforms like Ethereum. These protocols process transactions off the main network and finalize them on-chain to ensure security. This reduces costs, speeds up transactions, and prevents congestion during high traffic.
Solaxy brings this concept to Solana, providing an important upgrade. It uses off-chain processing and bundles transactions to reduce network traffic and simplify interactions with decentralized applications (DApps). Final settlements happen securely on Solana’s main blockchain, maintaining trust and security.
The recent launches of tokens like $TRUMP and $MELANIA highlighted the need for Solaxy. Heavy transaction traffic caused delays and outages. While Solaxy isn’t ready to address these issues now, it promises to help Solana handle future demand spikes and improve user and developer experiences.
The $SOLX token plays a central role in Solaxy’s ecosystem. This utility token powers faster and cheaper transactions while offering financial rewards for investors.
One key feature is its staking program, which provides passive income. With an impressive APY of 254%, over 4.5 billion tokens have already been staked by early supporters. Staking not only rewards long-term holders but also helps stabilize the token’s value by encouraging users to lock in their investments.
In addition to staking, $SOLX will bridge Solana and Ethereum, connecting two leading blockchain ecosystems. This interoperability will create new opportunities for developers and users while increasing the token’s utility. Token holders will also have governance rights, allowing them to influence future decisions about the network.
Designed to handle high-volume activities like meme coin surges, Solaxy’s Layer 2 network could transform Solana’s ecosystem. If the project meets its goals, it could become a key player in the blockchain space. With strong investor interest and growing sales, Solaxy’s future looks promising.
To take part in the $SOLX token presale visit solaxy.io.
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