Dogwifhat, Pepe, And Pi Network Explode — But Whale Buys Say This Underrated Coin Is The Best Crypto To Buy Now

After Pepe, Dogwifhat, and Pi Network dominated crypto gainers in the past week, rising whale activity and bold 10x predictions are putting presale Solaxy (SOLX) in the spotlight as the next big crypto to watch.

Data from Crypto Bubbles shows WIF led the gainers after its price soared more than 72% in the last week. PEPE ranked second with a 50% surge while PI came in third with a 40% pump.

But as investors hunt for the next big crypto, many are rotating profits into projects with more utility than last week’s top-performing meme coins.

In that category, one of the standout rising stars right now is Solaxy (SOLX), a Solana-based layer-2 solution that has already raised over $36 million to become one of the most successful presales of the year.

Lightning-Quick Solana Will Soon Have Its First Layer-2 Scaling Solution

It’s gained such momentum recently that whale investors are joining the feeding frenzy, the most recent purchase being a $400k buy in the last few days.

Solaxy aims to tackle Solana’s rising levels of congestion and increase the blockchain’s overall efficiency while keeping transaction fees ultra low. To achieve this, the project will introduce the first scaling solution for the SOL ecosystem.

It will use proven protocols called rollups to process and bundle transactions off of the Solana mainnet. Thereafter, it will submit the groups of transactions to the layer-1 for final validation. 

Solaxy’s method of transaction processing is similar to the one used by Arbitrum and Optimism within the Ethereum ecosystem, and is much more efficient than the legacy one-by-one approach.

In addition to scaling Solana, Solaxy will also connect the blockchain with the Ethereum network through bridging technology. 

By creating a connection between two of the most prominent blockchain’s in the Web3 space, Solaxy will give developers a scalable and secure platform that could serve as the foundation for the next great innovation in the crypto space.

Solaxy’s team has already proven that they are more than just talk, and recently launched the project’s testnet and associated block explorer.

Since then, the team has continued to optimize the two products for performance, putting them on track to achieve their ambitious goal of 10,000 transactions per second for the Solaxy chain.

Popular YouTube channel 99Bitcoins, with its over 725K subscribers, is bullish on the project, predicting a 10X surge for SOLX once it launches.

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