{"id":25008,"date":"2024-12-19T14:24:40","date_gmt":"2024-12-19T14:24:40","guid":{"rendered":"https:\/\/www.bitrabo.com\/discover\/?p=25008"},"modified":"2024-12-19T14:24:40","modified_gmt":"2024-12-19T14:24:40","slug":"solaxy-merging-ethereums-power-with-solanas-swift-performance-for-defi-excellence","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/solaxy-merging-ethereums-power-with-solanas-swift-performance-for-defi-excellence\/","title":{"rendered":"Solaxy: Merging Ethereum\u2019s Power with Solana\u2019s Swift Performance for DeFi Excellence"},"content":{"rendered":"\n

In less than a week since its presale started, Solaxy has achieved remarkable growth for its native token, raising an impressive $2.85M after an initial $350K within the first 24 hours.<\/p>\n

Solaxy aims to enhance the Solana platform by creating a Layer 2 protocol that leverages Solana’s strengths while addressing its weaknesses. This initiative has sparked significant interest among crypto investors.<\/p>\n

Solana has experienced high transaction volumes, primarily driven by meme coins, leading to some operational challenges, including congestion and failed transactions, as noted by DappRadar<\/a>.<\/p>\n

This is particularly beneficial for investors focusing on meme coins, as Solana is a popular platform for their launch and trading. However, the potential benefits extend beyond just Solana.<\/p>\n

<\/p>\n

Solaxy serves as a multi-chain solution, bridging Ethereum and Solana, thereby combining the liquidity and security benefits inherent in Ethereum’s DeFi ecosystem.<\/p>\n

Ethereum is significantly linked with DeFi, boasting a total value locked of $131.42B, while Solana stands as the second-largest player in this space with $14.33B. This essential synergy is a key driver for investors eager to acquire $SOLX, as the future of DeFi looks promising.<\/p>\n

\"Solana\u2019s<\/p>\n

<\/span>The Rapid Success of Solaxy\u2019s Presale<\/span><\/h2>\n

Initially priced at $0.001, the $SOLX presale has quickly surged to $0.00157 within a week, with staking rewards projected at an impressive annual rate of 1,239% given the total token supply of 138,046B.<\/p>\n

The next phase of pricing starts in under 10 hours, and the total raised is anticipated to reach $3.132M.<\/p>\n

Regarding $SOLX’s token distribution, 30% is earmarked for developing the crucial Layer 2 ecosystem. Another 25% is allocated for early investor rewards, while the remaining funds are distributed among the project’s treasury (20%), marketing efforts (15%), and securing listings on decentralized (DEX) and centralized exchanges (10%).<\/p>\n

<\/span>How to Purchase $SOLX<\/span><\/h2>\n

You can buy $SOLX using $ETH, $USDT, credit or debit cards, and $BNB; however, note that using $BNB will forfeit annual staking rewards.<\/p>\n

If opting for card payments, ensure to link your credit card to a crypto wallet first. The Solaxy site recommends downloading the Best Wallet app for investors without a crypto wallet.<\/p>\n

The Best Wallet app offers a secure, free solution with lower transaction fees and is a non-custodial wallet that gives users complete control over their assets, unlike many wallets linked to centralized platforms.<\/p>\n","protected":false},"excerpt":{"rendered":"

In less than a week since its presale started, Solaxy has achieved remarkable growth for its native token, raising an impressive $2.85M after an initial $350K within the first 24 hours. Solaxy aims to enhance the Solana platform by creating a Layer 2 protocol that leverages Solana’s strengths while addressing its weaknesses. This initiative has […]<\/p>\n","protected":false},"author":14,"featured_media":25009,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Solaxy: Merging Ethereum\u2019s Power with Solana\u2019s Swift Performance for DeFi Excellence - Bitrabo","description":"In less than a week since its presale started, Solaxy has achieved remarkable growth for its native token, raising an impressive $2.85M after an initial $350K w"},"footnotes":""},"categories":[316],"tags":[10764,551,8106,668,3001,2902,10725,4472,2833,3348],"class_list":["post-25008","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-combines","tag-defi","tag-domination","tag-ethereums","tag-layer","tag-solanas","tag-solaxy","tag-speed","tag-strength","tag-ultimate"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/25008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=25008"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/25008\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/25009"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=25008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=25008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=25008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}