Solaxy Layer-2 Token Addresses Solana’s Limitations, Raises $7M on Presale
The Solaxy Layer-2 token, $SOLX, has already raised $7M on presale, its popularity fueled by its plan to build the foundation of a blockchain that addresses Solana’s pain points. Considering the Solaxy’s Layer-2 token’s value increases each time it hits a new milestone, now is an opportune time to get involved. $SOLX is currently available […]
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Just four days after hitting the $4M milestone, new presale project Solaxy (SOLX) reached $5M. Ten days is an astonishing pace to raise millions in funding. So what’s special about Solaxy? Well, Solaxy is Solana’s first Layer-2 solution that focuses on meme coins. This means Solaxy could resolve Solana’s congestion issues by processing part of […]
Solana’s bridges have recorded insane volumes ($10B+) since 2021, but their performance over the last 3-4 months has been particularly breathtaking. Although the total volume increased by a massive 114% in the last year (i.e., since February 2024, when it was just $4.7B), the months of November, December, and January recorded $6B in inbound volume just between them. The most bridged asset in the Solana ecosystem was $USDC, with an all-time inbound volume of $3.9B. It was followed by $ETH, which registered nearly $2B. It’s worth noting, however, that it’s not just the....
According to Messari’s latest reports, Solana TVL (total value locked) absolutely exploded in Q4 2024, ending the year in style. TVL on Solana rose to $8.6B, an incredible growth of 486% from last year. Furthermore, the quarter-on-quarter growth rate also stood at an impressive 64%. After amassing a record-breaking TVL in 2024, Solana now ranks second among blockchains after it surpassed Tron in December. Whether it’s the meme coin niche (with Pump.fun) or decentralized finance (DeFi) overall, Solana is on a roll as far as blockchain development goes. With Solana looking....
Ethereum and Solana have bounced back into full recovery mode after Donald Trump agreed to temporarily suspend tariffs on Canada and Mexico, signaling bullish times for meme coins. Since yesterday, $ETH has spiked from $2.5K to $2.7K, and $SOL has rebounded from $183 to $209. Why? Because when global trade tensions ease, traders often feel more confident to invest in riskier assets, like crypto. Further highlighting a bullish market reaction to the news, the Crypto Fear & Greed Index is back in the green zone. Over the past 24 hours, it’s switched from ‘Fear’ to ‘Greed’ territory. As the....
The token that many experts are predicting to be the next 100x token is in the final stretch of its presale with only 28 days to go. So far, $FLOCK has already raised $7.7 million in presale. For those who don’t know, Flockerz is the first-ever vote-to-earn (V2E) platform that allows users to share their […]