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Solaxy

The Solana Layer 2 Revolution: Why Solaxy’s $SOLX Could Be The Next 100x Token

Bitcoinist
by Bitcoinist
9 months ago
·
Posted in Altcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

This is the year of meme coins. Popular meme coins like DOGE, BONK, Pepe and FLOKI have managed to garner a lot of attention. Even newer meme coins such as Wall Street Pepe and Flockerz have left a mark in the market in just a few days.

Overall, it was a good year for meme coins. But one name that stands out with experts speculating over the next 100x token is Solaxy ($SOLX).

For those who don’t know, Solaxy is developing a revolutionary layer-2 solution for Solana and $SOLX is its native currency. Solana is already a popular exchange network, and it is the only one that can compete with Ethereum at the moment. In fact, recently, it overtook Ethereum as the exchange with the highest number of developers.

However, more demand brings more traffic, which leads to congestion and slow transactions. This is where the layer-2 protocol steps in. But is it enough to make $SOLX the next 100x token?

Can It Really Be the Next 100x Token?

At this stage, it’s hard to say whether $SOLX can be a 100x token, but there are signs that show it has massive potential.

The biggest reason is that Solaxy solves a lot of pain points:

  • Due to heavy traffic, Solana’s performance has been taking a serious hit. Solaxy fixes this issue by implementing offloading processing to reduce the burden on Solana’s layer 1, thereby speeding up transactions.
  • Solana’s layer 1 struggles with scalability, whereas Solaxy uses transaction bundling to enable scalability while keeping costs low and output high.

Solaxy doesn’t completely overwrite Solana. It simply takes the best features from the network, fixes its shortcomings, and creates a powerful new product.

Another reason why we think that Solaxy might be the next 100x token is that it has gained a lot of interest since the beginning of its presale. In just the first week of its presale, it crossed more than $3 million in sales.

Many experts have also predicted its success. Once the presale ends (which will probably happen in 2025), analysts predict that the token will experience its first price surge, which is likely to be around 20x as per current market conditions. This number will likely grow as the year rolls on, depending on how well the token can hold the hype.

2026 might not be as promising for the token. Experts are predicting a market crash, which might cause the value of $SOLX tokens to dip. But again, who has seen what’ll happen a year later? For now, there’s certainly a possibility for $SOLX to be the next 100x token.

But don’t take our word for it. This is mere speculation. Always do your own research and be careful not to invest what you can’t afford to lose.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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