New Crypto Solayer ($LAYER) Breaches $3: Will Solaxy Presale Rally Next?

The Solayer ($LAYER) token shows no signs of slowing down as it breached the $3 mark over the past few days. The value of this new crypto soared as a result of the launch of the Solayer Emerald Card, its Visa crypto financial card.

What made it start its climb, and are other similar tokens like Solaxy ($SOLX) destined for greatness as well? Let’s see.

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Solayer’s Emerald Card lets you deposit $USDC and use it for your regular purchases as you would a typical credit or debit card.

This does away with off-ramps, which simplifies using crypto in the real world, including ATMs. The card’s compelling premise has driven $LAYER’s value to a record high of $3.2622 and a 30% increase in its 24-hour trading volume.

But that’s not all that makes $LAYER attractive to investors. This Solana-based project touts itself as the first hardware-accelerated network that’s ‘infinitely scaled’.

Its Solayer protocol is designed for developers who want to boost their dApp’s performance on Solana, which will make accessing Solana more reliable and reduce costs by up to 50x.

Solaxy: Another Solana-Based Project That’s On the Rise

Solayer isn’t the only player aiming to solve issues associated with the Solana platform. There’s also Solaxy ($SOLX), the first-ever Solana Layer 2, which will address Solana’s ($SOL) network congestion, failed transactions, and scalability limitations.

Developers will also benefit from this project via Solaxy’s tools for building new dApps. Using these tools, developers will have a simpler way to create DeFi platforms, new crypto, and NFT marketplaces.

Powering the Solaxy project is its native token, $SOLX. This multichain token will be available on two of the largest blockchains, Solana and Ethereum ($ETH). This will allow $SOLX to get the best of both worlds: $ETH’s DeFi and asset tokenization ecosystem and $SOL’s speed and low fees.

$SOLX is currently available on presale on its official website. You can still buy one for only $0.00171, but another price increase is due in less than a day, so it’s best to grab coins as soon as you can.

To buy $SOLX, connect your crypto wallet (the project recommends using Best Wallet) to the Solaxy presale widget, enter the number of tokens you wish to purchase, and pay with your credit card or with $ETH, $SOL, or Binance Coin ($BNB). When the presale ends, you’ll receive your tokens in your wallet. You can also read our comprehensive Solaxy buying guide for more information.

Alternatively, you can immediately stake your $SOLX tokens after you buy them. This will allow you to earn passive rewards, which are currently set at 124% p.a.

To date, Solaxy has already raised over $32.39M, making it one of the best presales of the year. Just recently, the token broke through $31M and celebrated the milestone by launching the $SOLX blockchain explorer.

Although it’s a sandbox for now, the explorer will eventually allow you to view every transaction on the blockchain.

It will also display the number of transactions and how many transactions it handles per second. Moreover, you can also search for specific blocks, accounts, transactions, programs, and tokens.

Before launching its blockchain explorer, Solaxy posted an update on X on its performance. The most interesting bit of the update is that it can sustain 140KB/s, according to the project team. This speed will enable faster data storage and a better user experience.

Overall, Solaxy ($SOLX) is already poised to be one of the biggest crypto projects, especially in the realm of Solana, dApps, and meme coins.

If you’re interested in investing in $SOLX or any other cryptocurrency, we recommend that you do your own research. Please use the information in this article only for educational purposes and not as investment advice.

Also, keep in mind that the crypto market is highly volatile, so only invest money that you can afford to lose.