{"id":610787,"date":"2024-12-18T10:27:19","date_gmt":"2024-12-18T10:27:19","guid":{"rendered":"https:\/\/insidebitcoins.com\/?page_id=610787"},"modified":"2024-12-18T10:27:19","modified_gmt":"2024-12-18T10:27:19","slug":"how-to-buy-solaxy","status":"publish","type":"page","link":"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/how-to-buy-solaxy","title":{"rendered":"How to Buy Solaxy – SOLX Presale Review 2024"},"content":{"rendered":"

Solana is slowly making its return as one of the leading crypto investments, as evidenced by it crossing the $200 threshold recently. However, on the technological side of things, it still lacks in terms of speed when transactional volume goes high. Claiming to solve this issue is Solaxy<\/a>.<\/p>\n

Establishing itself as an L2 solution developed on the Solana blockchain, Solaxy aims to outpace Solana in terms of speed, costs, and flexibility. Available on presale, this unique blockchain project has raised more than $600k so far. This guide provides insights into how to buy Solaxy and what the token’s upsides are.<\/p>\n

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How to Buy Solaxy – Quick Guide<\/strong><\/h2>\n

Solaxy is currently available on presale, making it easy for investors to buy. However, proper steps must still be followed in a market ripe with phishing sites.<\/p>\n

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  1. Step 1 – Visit the Official Website:<\/strong> The first step is to visit the official website—solaxy.io<\/a>—using the link provided.<\/li>\n
  2. Step 2 – Connect the Wallet:<\/strong> The second step is to connect any supported wallet. Best Wallet is recommended due to its many features.<\/li>\n
  3. Step 3 – Buy Solaxy:<\/strong> Finally, users can buy Solaxy tokens by swapping their ETH, USDT, or BNB tokens. Card payments are also available, and with staking options, passive income can be earned.<\/li>\n<\/ol>\n<\/div><\/div>\n

    Visit Solaxy<\/strong><\/span><\/a>\n<\/p>

    Solaxy Overview<\/strong><\/h2>\n

    Solana has reigned supreme as one of the most prominent Layer 2 solutions available on the market. Made popular thanks to meme coins, this blockchain continues to be favored among those looking for swift transactions and low-cost barriers.<\/p>\n

    However, despite all the positives of the Solana ecosystem, the project continues to face shortfalls, especially under the weight of large-volume transactions. This has been especially noted with Solana-themed meme coins, whose rapid popularity has revealed the Solana blockchain’s reduced efficiency.<\/p>\n

    Solaxy<\/a> portrays itself as Solana evolved. Calling itself the Solana Layer 2, the ecosystem aims to reduce the load that Solana suffers. As a result, it seeks to deal with many issues, including downtime due to congestion.<\/p>\n

    \"How<\/p>\n

    Furthermore, the L2 solution Solaxy is reportedly very customizable, making it accessible for multiple meme coins to be deployed easily. The term “infinitely scalable” has been used to describe the ecosystem, which can be considered good for meme assets, which are generally considered the driving force of the crypto economy.<\/p>\n

    These attributes have made the token a hit during its crypto presale<\/a>, and more investors are coming in.<\/p>\n

    Read on as we explore the project’s intricacies further to highlight what it has and what it takes to become the next big cryptocurrency investment of 2024.<\/p>\n

    How to Buy Solaxy – Complete Guide<\/strong><\/h2>\n

    Below is the guide one should follow to buy Solaxy while it is on presale. The steps, as one will observe here, are generic. However, they are still critical since even a small issue can cause massive losses.<\/p>\n

    Step 1 – Visit the Official Website<\/strong><\/h3>\n

    The first step is to visit the official website—solaxy.io<\/a>—using only the links provided on this platform. This is a crucial step since Solaxy’s presale success, as evidenced by its raising upwards of $1.8 million in less than a week can potentially lead to many phishing websites being created.<\/p>\n

    \"\"<\/p>\n

    Step 2 – Connect the Wallet<\/strong><\/h3>\n

    The next step is to connect the wallet. Although it is a simple process, users must choose between Best Wallet, Coinbase Wallet, MetaMask, or Wallet Connect to use QR codes for connection.<\/p>\n

    \"Best<\/p>\n

    Best Wallet<\/a> is a recommended option. It is capable of handling transactions quickly, is secure, and offers a simplified UI to interact with crypto presales.<\/p>\n

    Step 3 – Buy Solaxy<\/strong><\/h3>\n

    The final step is to enter the number of ETH, USDT, or BNB and then swap it for Solaxy (SOLX). The process should be instantaneous. Solaxy has also provided an option to stake the bought tokens for those looking to make additional passive income. Furthermore, staking will also mitigate any last-minute sell pressure that could drop the SOLX price upon listing.<\/p>\n

    Visit Solaxy<\/strong><\/span><\/a>\n<\/p>

    Solaxy – Complete Analysis<\/strong><\/h2>\n

    Solaxy is a crypto project that uses memes to highlight its use cases. Its main mascot is a Pepe wearing clothes similar to those of Albert Einstein, and part of the visual appeal of this project is the relativity equations and galactic imagery spread throughout the official website.<\/p>\n

    \"Solaxy<\/p>\n

    It aims to change Solana by addressing its shortfalls and injecting perks like unmatched scalability, fast (light speed) transactions, and “purpose-built” customization. Built on top of the Solana blockchain, the project aims to help Solana reach its highest potential and pave the way for more innovation.<\/p>\n

    Current Problems of the Solana Ecosystem<\/strong><\/h3>\n

    The first thing that the Solaxy whitepaper<\/a> does is highlight the critical issues plaguing the Solana blockchain until now.<\/p>\n

    High Congestion<\/strong><\/h4>\n

    When traffic is high, Solana’s performance is limited. This, in turn, leads to downtime and network bottlenecks, creating issues in the long run.<\/p>\n

    Scalability Limits<\/strong><\/h4>\n

    Last year, a flurry of new Solana-based meme coins<\/a> arrived in the ecosystem. While all of them quickly showed their immense potential, none could venture into a utility-focused territory because of Solana’s scaling issues.<\/p>\n

    Failed Transactions<\/strong><\/h4>\n

    Other issues that plague Solana are related to failed transactions. These issues are particularly noteworthy because they have given Solana a bad reputation for being an unreliable network.<\/p>\n

    Solaxy’s Solutions to These Issues<\/strong><\/h3>\n

    \"Solaxy<\/p>\n

    To address these issues, Solaxy is taking a three-pronged approach, tackling all the problems simultaneously.<\/p>\n

    Off-Chain Processing<\/strong><\/h4>\n

    The first way Solaxy addresses Solana’s congestion issue is by creating an L2 where Solana can offload some of its transactions. This way, Solaxy envisions transactions as faster and smoother.<\/p>\n

    Transaction Bundling<\/strong><\/h4>\n

    Instead of addressing each transaction separately, Solaxy is focusing on bundling them together. This implements batch processing, which makes the network more scalable while reducing costs and increasing the network’s throughput.<\/p>\n

    Layer 1 Settlement<\/strong><\/h4>\n

    While addressing all the highlighted issues, Solaxy is embracing the high level of security Solana provides. This reinforces protection for the ongoing transactions on the mainnet.<\/p>\n

    The Solaxy Engine <\/strong><\/h2>\n

    To ensure that all the elements Solaxy has envisioned come to fruition, it embraces Solana’s ethos and combines them with the roll-up architecture. This way, the expectation is to create a better solution for end-users.<\/p>\n

    \"\"<\/p>\n

    Here are the core reasons highlighted by Solaxy L2:<\/p>\n

    Fastest Chain Ever<\/strong><\/h3>\n

    Per the whitepaper, Solaxy is designed to outperform Solana while delivering lightspeed transactions even during peak times.<\/p>\n

    Zero Downtime<\/strong><\/h3>\n

    Unlike Solana, which often underperforms under the pressure of high traffic, Solaxy has adopted the roll-up architecture to ensure that the network runs without interruptions.<\/p>\n

    Fully Customizable<\/strong><\/h3>\n

    Solaxy has been designed to be more customizable than its competitors, allowing developers to build decentralized applications easily. This approach, per the whitepaper, can potentially optimize Solaxy for any use case.<\/p>\n

    Meme Coin Friendly<\/strong><\/h3>\n

    Since Solana’s renewed relevance on the market is due to the addition of new meme coins<\/a>, Solaxy’s scalability can potentially help it easily manage high transaction volumes.<\/p>\n

    Solaxy Tokenomics<\/strong><\/h2>\n

    \"\"<\/p>\n

    Solaxy has opted for tokenomics, which is found in most meme coins. It has a total supply of 138,046,000,000, allocated according to the following:<\/p>\n