{"id":621967,"date":"2025-01-27T17:06:52","date_gmt":"2025-01-27T17:06:52","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=621967"},"modified":"2025-01-27T17:06:52","modified_gmt":"2025-01-27T17:06:52","slug":"solaxy-solx-secures-15-3m-in-presale-to-supercharge-solana-cryptos-deepseek","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/solaxy-solx-secures-15-3m-in-presale-to-supercharge-solana-cryptos-deepseek","title":{"rendered":"Solaxy ($SOLX) Secures $15.3M In Presale To Supercharge Solana – Crypto’s DeepSeek?"},"content":{"rendered":"
Solaxy ($SOLX)<\/a> hits $15.3 million in its ICO, giving it more firepower to help it enhance the Solana blockchain’s efficiency.<\/p>\r\n\r\n\r\n\r\n As the first Layer-2 solution on Solana, Solaxy aims to enhance the main chain’s performance. It draws comparisons to the Chinese AI company DeepSeek, which has recently been making headlines for its AI models, which rival those of industry giants like OpenAI – at a much more cost-effective rate.<\/p>\r\n\r\n\r\n\r\n Solaxy is set to tackle Solana’s ongoing challenges – network congestion, failed transactions, and scalability issues – that users frequently encounter, especially during high-traffic periods.<\/p>\r\n\r\n\r\n\r\n Despite the recent tumble in $SOL’s price, Solaxy’s presale has shown unwavering momentum, with investors viewing $SOLX as a promising, long-term bet on the future of an improved Solana network.<\/p>\r\n\r\n\r\n\r\n Currently, $SOLX<\/a> is priced at $0.001616 per token,<\/a> but that price will rise in less than 19 hours as it begins a new funding stage.<\/p>\r\n\r\n\r\n\r\n Monday saw a sea of red across the cryptocurrency market, as most digital assets lost value over the past 24 hours.<\/p>\r\n\r\n\r\n\r\n The total market capitalization now stands at $3.38 trillion, with Bitcoin ($BTC) briefly dipping below $100,000 early in the day before rebounding slightly to $100,416 at the time of writing.<\/p>\r\n\r\n\r\n\r\n Among trending tokens tracked by CoinMarketCap, Ripple ($XRP) and Ethereum ($ETH) were both down by 9.76% and 6.56%, respectively. However, it was Solana ($SOL) that bore the brunt of Monday’s market plunge, enduring a double-digit loss of 10.2%.<\/p>\r\n\r\n\r\n\r\n A key factor driving the downturn is heightened fears surrounding the technology sector, fears that have begun to spill over into the crypto space. These concerns were ignited by DeepSeek, which unveiled its new AI model, DeepSeek-R1, on January 20. <\/p>\r\n <\/p> Goodbye ChatGPTIs Solaxy The DeepSeek Of Crypto?<\/h2>\r\n\r\n\r\n\r\n
It’s only been 5 days since Deepseek R1 dropped, and the World is already blown away by its potential.
13 examples that will blow your mind (Don't miss the 5th one): pic.twitter.com\/U5yElFgXaM<\/a><\/p>— Poonam Soni (@CodeByPoonam) January 25, 2025<\/a><\/blockquote>