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The battle of the protocols is escalating as Berachain launches and Solaxy ($SOLX), the first Solana Layer 2, surges past $18.5 million in presale.  While Berachain is a Layer 1 solution that is EVM (Ethereum virtual machine)-compatible so it is interoperable with all Ethereum ERC20 tokens, Solaxy is making a different bet – one that solves the congestion problems of the red-hot Solana ecosystem. Berachain’s mainnet launch yesterday coincided with an airdrop to its community of 15.75% of $BERA token supply worth $630 million. The BERA coin quickly dropped in price, now down 28.5% over the past 24 hours – so if you are on the hunt for alpha, $SOLX is a much better bet. The new Layer 1 chain’s unique selling point is its proof of liquidity consensus system, designed to better align liquidity provider incentives and economics with securing the system. Put that another way, market makers, for example, become involved with the validation o...

Solaxy (SOLX) , the first Layer-2 solution on Solana focused on meme coins, has raised $5.7 million in just 12 days since launching its presale The speed at which Solaxy has raised funds underscores its strong market appeal. It also highlights the growing enthusiasm for innovative blockchain solutions that address real-world challenges. SOLX Presale Raised $1 Million In First 3 Days Within just three days of launching its presale, the project raised $1 million.  Four days later, it crossed the $4 million mark, and now it stands at an impressive $5 million in funds raised.  This rapid success reflects the community’s belief in Solaxy’s potential to revolutionize blockchain technology. The presale offers SOLX tokens at a current price of $0.00158 per token, with prices set to increase gradually every few days until early 2025 when the presale concludes.  "2024: the year of meme coins 🐶 🚀 With ...