Solaxy collects $ 46 million
Fartcoin, one of the most discussed meme coins in the Solana network, has increased by almost 17% in the past 24 hours. This increase is followed by speculation about an upcoming listing on a large stock exchange, which causes optimistic dealers to consider a possible increase in the $ 5 mark this summer.
While many skeptics make fun of the purely humorous brand aesthetics, Fartcoin's growth story proves that the market is still ready to support tiles with exceptionally supportive communities. Today, Fartcoin has a total amount of 1 billion tokens that are widespread among the owners without a single controlling authority being involved.
At the same time, a new pre -sale project called Solana Solaxy (SOLX) for a stir. So far, it has collected over $ 46 million from early supporters and has made real progress in its technical roadmap-with the aim of launching the first Layer 2 solution on Solana.
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Fartcoin is increasing due to the hype about listing at Coinbase – price target at $ 5 now?
With an increase of almost 17%, the price development of Fartcoin caused a sensation and made the project one of the most powerful meme coins on the entire market.
One of the most important catalysts for this is the excitement about a possible list of Fartcoin at Coinbase. Although this has not yet been officially confirmed, Coinbase Fartcoin recently included in his listing roadmap, which of course led to speculation of the market commentators over the next step of the stock exchange. In the past, many cryptocurrencies have experienced a quick increase in both volume and the price after their appearance on the radar of Coinbase, which has led to a general trend that is often referred to as a “coin base effect”.
Fartcoin's daily-type shows an increase in purchase orders immediately after the meme coin has bounced off the level of support of $ 0.93. This means that momentum-oriented traders probably saw coinbase messages as a lucrative opportunity and stepped in, which triggered a number of green day candles.
Another driver for the price increase from Fartcoin is the return of the major investors. A large investor wallet known as a 2Wfeam recently made headlines after she Fartcoin worth $Bought 2 million had what signaled her trust in the future of the meme coin. The same large investor had previously closed a Fartcoin position with a net profit of over $ 368,000-and now strives for even higher profits.
The popular crypto analyst cryptocaleo recently found that Solana-based meme projects such as Bonk and Dogwifhat have climbed $ 5 billion during their own record rally. Kaleo now indicates that Fartcoin could repeat this growth (and could even experience a gigantic parabolic increase to $ 5 or more) if the current dynamic continues.
Meanwhile, experienced traders have taken their newly won profits and in Solaxy Invested-a new meme coin project in the advance booking phase that conquers the Internet, while his development team is preparing the introduction of the first Layer 2 blockchain from Solana.
Solaxy builds the backbone for the future of Solana
While Fartcoin clearly lives from speculative hype, wants Solaxy Deliver something more substantial-a groundbreaking Layer 2 solution that could finally put an end to the now famous scaling problems of the Solana ecosystem.
Solana has built up an almost unsurpassed call for extreme speeds and relatively low fees – but it also has to deal with overload and transaction delays when the network has an increase in use. Now that the total value of Solana (TVL) has exceeded $ 8,8 billion and the total number of active wallet addresses has remained over 3 million almost all year round, reliability has repeatedly become a sticking point.
By moving transactions from the main chain of Solana and its handling in stacks, Solaxy's Layer 2 will release the storage space and drastically increase the throughput of the entire ecosystem. The principle is similar to the L2-Rollups from Ethereum (such as Arbitrum and Optimism), but it was designed from scratch to the fact that it is compatible with the architecture of Solana. For users who are frustrated by slow block confirmations and occasional network failures, Solaxy's approach offers a possible solution without the required a complete revision of Solanas Layer 1.
The constantly growing list of Solaxy's roadmap goals completed includes the creation of the Igniter protocol-an integrated starting ramp for developers who want to create new tokens and DAPPS directly on Solaxys Layer 2. Igniter is coupled with the integrated Dex of the Solaxy network, where users can trade their new tokens with low fees and almost immediate transactions. The Dex will use the high throughput capacities of Solaxy and will ensure smooth trading even at peak times.
In addition, Solaxy plans the introduction of a cross-chain bridge that will enable the free liquidity flow between all connected ecosystems (initially Solaxy, Solana and Ethereum). This would automatically increase the user and developer base of Solaxy far beyond the borders of the Solana community.
The Solaxy-Testnetz is also in operation and has a block explorer and a demo version of the above-mentioned bridge, so that Early Adopters can familiarize themselves with the technical subtleties of the network before the start of the maize.
Last chance of buying Solx before listing for $ 0.001752
Only six days until the deadline on June 16 – investors do not have much time to acquire Solx in advance at a price of $ 0.001752. After the advance sale, the token price could increase significantly when the Solaxy was introduced on the public stock exchanges, especially if the current optimistic mood continues in the next few weeks and months.
Advance participants can Your newly purchased Solx token immediately stake to earn up to 87 % APY.
The Solaxy team indicated that several large stock marketing is planned for the start. So if Solx comes to these platforms during a market -wide price increase, his visibility and liquidity could increase. On the wider crypto market, old coins and pre -sales have always experienced an upswing when Bitcoin stabilizes and capital flows into smaller companies – and this trend seems to be emerging.
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