Solaxy is developing the first Layer-2 scaling solution for Solana and has drawn a lot of interest from investors during its $SOLX token presale. Over $2 million has been raised in less than 7 days, which is an outstanding number, and investors still have the chance to purchase $SOLX at a sharp discount. In this article, we’ll show you how to join the Solaxy presale and secure the lowest price for $SOLX. Continue reading to learn how to buy Solaxy today.
What Is Solaxy?
The Solana blockchain’s congestion issues are the focus of the new crypto initiative, Solaxy. Overwhelming traffic has been affecting Solana, resulting in network downtime, failed transactions, and slow speeds.
Solaxy is solving Solana Layer-2 scaling with the first-ever sidechain that will use the security of the Solana mainnet while moving most of the computing work needed to process transactions off of the main blockchain. It is said that transactions on Solaxy will be much faster and cheaper than transactions on Solana. This will also help Solana handle more traffic.
Solaxy ($SOLX) Token Main Features
- Solana Layer-2: Solaxy is building the first-ever Solana Layer-2 network, which will eliminate the congestion issues that have impeded Solana’s development and provide rapid and low-cost transactions.
- Staking rewards: When you stake your Solaxy tokens, you can earn up to 2,610% in annual percentage yields. Solaxy has set aside 25% of its token supply as prizes.
- Meme potential: With a surfing Pepe as its mascot, Solaxy has positioned itself as a meme currency. Trading the best Solana meme coins could also happen on the Solaxy network.
- Presale raise: In just seven days, the Solaxy presale has raised almost $2 million. Wow, that’s a really quick raise. The price of a $SOLX token is $0.001568 right now, but it’s likely to go up a lot by the end of the presale.
How to Buy Solaxy ($SOLX) – A Simple Guide for Beginners
Traders can now take part in the Solaxy presale, which lets them buy this exciting new Layer-2 before anyone else. How to buy $SOLX before the sale starts.
Step 1: Get a Crypto Wallet
The Ethereum and Solana blockchains must be compatible with the cryptocurrency wallet used with Solaxy. We suggest that you use Best Wallet, a free Web3 wallet that has great protection features and is easy to use. We really like Best Wallet because it has an onramp from fiat to crypto built in. This makes the next steps easy.
You can get Best Wallet from Google Play or the Apple App Store. Tap “Get Started” after installation to make a new account with your email address and phone number.
Step 2: Buy $ETH or $USDT
During the Solaxy presale, you’ll need $ETH, $USDT, or $BNB to trade for $SOLX. Because they allow staking, we suggest using $ETH or $USDT.
For those using Best Wallet, the onramp built into the wallet lets you buy $ETH or $USDT. Select a way of payment and type in the amount you want to buy. Your tokens will be added right away to your cryptocurrency wallet.
To buy $ETH or $USDT with a different wallet, you’ll need to sign up for an account with one of the best cryptocurrency platforms. After you make a deposit and finish your buy, you can take the tokens out and send them to your wallet address.
Step 3: Connect to the Solaxy Presale
Click “Connect Wallet” on the Solaxy advance page. From the pop-up menu, choose Best Wallet (or your wallet of choice). Then, follow the on-screen instructions to finish the link.
Step 4: Choose Your Investment Amount
Enter the desired quantity of Solaxy in either $ETH or $USDT. The presale website will automatically calculate the amount of $SOLX you will receive after gas fees. When you’re ready, click ‘Buy $SOLX’ to complete the transaction.
Step 5: Stake Your Tokens
Once you’ve bought something, you’ll be able to stake your $SOLX and start getting rewards. Just click “Stake $SOLX” and make sure you want to stake. The Staking page on the Solaxy presale site lets you keep an eye on your prizes.
Solaxy Tokenomics
To pay for gas fees on the Solaxy network, transactions will need the project’s own $SOLX coin. Now is the presale for $SOLX. This gives buyers a chance to secure tokens at a lower price before Layer 2 kicks off. The presale started at $0.00150 and is now at $0.001562, which is a 4.1% rise. In the first 72 hours of its presale, Solaxy raised more than $940,000. The 138.046 billion tokens that $SOLX has in total are distributed as follows:
| Allocation | Percentage | Description |
| Development | 30% | Tokens can be sold to fund the development of the Solaxy Layer-2 and its ecosystem |
| Rewards | 25% | Tokens reserved for staking rewards and future rewards, such as airdrops and referral bonuses |
| Treasury | 20% | Reserve tokens to be held by the project for future initiatives |
| Marketing | 15% | Tokens can be sold to fund marketing efforts during the Solaxy presale and after the launch |
| Listings | 10% | Tokens to be given to exchanges in exchange for listing $SOLX for trading |
Features of Solaxy L2 and the Roadmap
| Phase 1 | Presale Process | The presale process, which is live now, allows buyers to purchase SOLX tokens pre-listing, ensuring the lowest possible price. At each phase of the presale, the price increases. Staking is also an option for presale buyers looking to maximize. |
| Phase 2 | TGE, Bridge & Listings | Post presale, the SOLX token will be deployed on multiple chains allowing presale buyers to bridge their tokens to the SOLAXY layer 2 blockchain. The token will be available to trade on both Centralized and Decentralized exchanges. |
| Phase 3 | Solaxy Deployment | Solaxy is what Solana has sorely needed. An L2 reducing congestion, downtime, and even increasing speed. It builds upon the beauty of Solana, while making it more scalable with the increase in volume, making it the clear cut solution to take the ecosystem into the future.. |
Is Solaxy a Worth investing?
As we move into the crypto bull run and meme coin supercycle, Solaxy could be one of the best presales to buy. This explains why.
Massive Demand for Layer-2 Networks
The first Layer-2’s potential value for Solana is difficult to overestimate. The blockchain has had problems with scalability for a long time, which has kept it from passing Ethereum, which is its major competitor in smart contract computing. Those problems might get worse during the meme coin supercycle when there will be a lot of trade on Solana.
Solaxy’s solution is based on a niche that has a distinct demand and is based on proven technology. In fact, one prediction says that by 2030, Ethereum Layer-2 networks will be worth more than $1 trillion. But it might take some time for Solana Layer-2s (Solaxy is expected to be followed by others) to catch up. This prediction shows how much is at stake.
Explosion in Solana Meme Coin Trading
In the winter of 2023-2024, Solana meme coins initiated a meme coin season; however, the majority of these tokens have not yet experienced a full-blown crypto bull run. Things are going to change soon.
A record $311 billion worth of trades were made on Solana not long ago, and that’s probably the start of a huge wave of trading activity. Analysts think that trade around Solana meme coins could go through the roof during the next meme coin supercycle.
This is likely to be very good for Solaxy, which could become the main place to trade Solana meme coins because it is faster and costs less to do so than the main Solana network. All trades on Solaxy will need $SOLX. As the Layer-2 takes a bigger piece of Solana’s growth, demand for this new token will skyrocket.
Huge Stockpile for Community Rewards
Solaxy has set aside about 34.5 billion $SOLX, or 25% of all its tokens, as community awards. This is another exciting thing about it. That includes stake awards, which were set at a crazy 1,536 percent during the Solaxy presale. A huge chance exists for early buyers to fill their bags with $SOLX and keep making money even after the blockchain goes live.
These benefits are particularly significant because they encourage investors to keep their $SOLX until the token’s exchange debut. The price of Solaxy might slowly go up after it hits exchanges instead of going down as investors who bought before the sale take their gains.
The price for $SOLX drops sharply
Presale of Solaxy tokens ($SOLX) is happening now, and the prices are much lower than what they will be listed for on the market. The investors can make unrealized gains and also lock in $SOLX cheaply, which saves them money on trade fees on the Solaxy Layer-2.
For users of meme coins who are excited to trade on Solaxy, this is a significant advantage. Because they are involved, there will probably be a lot of demand for the $SOLX token during the presale. This will help the project raise money quickly, which will help it launch on big exchanges.
How to Ensure Safety and Avoid Scams When Buying $SOLX
Scams like phishing and spoofed websites can happen in the crypto presale world, but Solaxy is a real project. If you aren’t careful, these scams could affect your wealth. When you put money into $SOLX, make sure you follow these tips.
Keep your crypto wallet safe
- Use expert-tested crypto wallets to ensure security. We suggest Best Wallet, but MetaMask and Trust Wallet are also reliable choices.
- Make sure that your wallet supports two-factor verification. If someone gets your PIN, this makes it harder for them to steal your crypto.
- If your wallet has a seed phrase, write it down and keep it somewhere safe. The seed word for your wallet should never be kept in the cloud or your email.
Watch out for scams
- To get to the main Solaxy website, use a link you can trust, like ours.
- You should never trust Google Search, and you should always check the URL you are on twice before joining your wallet.
- No real crypto presale will ever ask for your wallet’s passcode or seed phrase.
- Crypto presales will only talk through their official methods.
- Don’t share this information with anyone else.
- They won’t get in touch with individual clients.
- Do not answer emails that you did not ask for.
Do Your Research
- Crypto presales like Solaxy are investments with a lot of risk and a lot of profit. Do a lot of study on projects to make sure they fit with the way you invest.
- If you want to spread your portfolio, think about buying into a few or all of the top crypto presales. Diversifying your investments makes it more likely that at least one of them will pay off and make you a net profit, even if some of your other presales lose money.
FAQs
Conclusion
You should have a better idea of how to buy Solaxy during the Solaxy presale now that we’ve shown you how we did it. It’s easy to buy Solaxy or any other cryptocurrency as long as you have a good wallet. It’s easier than ever to get started with cryptocurrency now that more sites are available.
