That is the yr of memecoins. Fashionable meme cash like DOGE, BONK, Pepe and FLOKI have managed to garner lots of consideration. Even newer memecoins corresponding to Wall Road Pepe and Flockerz have additionally left a mark available in the market in only a few days.
General, it was an excellent yr for meme cash yearly. However the one identify that stands out probably the most with specialists speculating whether or not it may be the subsequent 100x token or not is Solaxy ($SOLX).
For individuals who don’t know, Solaxy is creating a revolutionary layer-2 resolution for Solana and $SOLX is its native forex. Solana is already a preferred trade community, and it’s the just one that may compete with Ethereum for the time being. In actual fact, not too long ago it overtook Ethereum because the trade with the best variety of builders.
Nevertheless, extra demand brings extra site visitors which ends up in congestion and gradual transactions. That is the place the layer-2 protocol steps in. Now let’s see whether or not $SOLX has what it takes to be the subsequent 100x token.
Can It Actually Be the Subsequent 100x Token?
At this stage, it’s onerous to say whether or not $SOLX could be a 100x token however there are indicators that present that it has large potential.
The most important motive is that Solaxy solves lots of ache factors:
- As a result of heavy site visitors, Solana’s efficiency has been taking a critical hit. Solaxy fixes this challenge by implementing offloading processing to scale back the burden on Solana’s layer 1, thereby dashing up transactions.
- Solana’s layer 1 struggles with scalability whereas Solaxy makes use of transaction bundling to allow scalability whereas protecting prices low and output excessive.
Solaxy doesn’t fully overwrite Solana. It merely takes the very best options from the community, fixes its shortcomings, and creates a strong new product.
Another excuse why we predict that Solaxy is likely to be the subsequent 100x token is that it has irked lots of curiosity for the reason that starting of its presale. In simply the primary week of its presale, it crossed greater than $3 million in gross sales.
Many specialists have additionally predicted its success. As soon as the presale ends (which can most likely occur in 2025), analysts predict that the token will expertise its first value surge, which is more likely to be round 20x as per present market circumstances. This quantity will ultimately develop greater because the yr rolls relying on how properly the token can maintain the hype.
The yr 2026 won’t be very promising for the token. Consultants are predicting a market crash which could trigger the worth of $SOLX tokens to dip. However once more, who has seen what’ll occur a yr later? For now, there’s actually a risk for $SOLX to be the subsequent 100x token.
