That is the yr of memecoins. Fashionable meme cash like DOGE, BONK, Pepe and FLOKI have managed to garner a variety of consideration. Even newer memecoins comparable to Wall Road Pepe and Flockerz have additionally left a mark available in the market in just some days.
General, it was yr for meme cash yearly. However the one title that stands out probably the most with specialists speculating whether or not it may be the following 100x token or not is Solaxy ($SOLX).
For many who don’t know, Solaxy is growing a revolutionary layer-2 answer 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 in the intervening time. In truth, lately it overtook Ethereum because the trade with the very best variety of builders.
Nevertheless, extra demand brings extra visitors which results 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 following 100x token.
Can It Actually Be the Subsequent 100x Token?
At this stage, it’s arduous to say whether or not $SOLX could be a 100x token however there are indicators that present that it has huge potential.
The largest cause is that Solaxy solves a variety of ache factors:
Attributable to heavy visitors, Solana’s efficiency has been taking a severe hit. Solaxy fixes this concern by implementing offloading processing to cut back the burden on Solana’s layer 1, thereby rushing up transactions.
Solana’s layer 1 struggles with scalability whereas Solaxy makes use of transaction bundling to allow scalability whereas conserving prices low and output excessive.
Solaxy doesn’t utterly overwrite Solana. It merely takes one of the best options from the community, fixes its shortcomings, and creates a strong new product.
Another excuse why we expect that Solaxy is perhaps the following 100x token is that it has irked a variety 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 worth surge, which is prone 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. Specialists 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 definitely a chance for $SOLX to be the following 100x token.