Cryptocurrency

Institutional participants bet on an additional $509.9 million at Solana Treasury – Solaxy may help Solana Top Ethereum

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Two major institutional participants – Sol Strategies and Defi Development Corp – recently injected $509.9 million into the Solana Toererury incentives. The investment strategy echoes MicroStrategy, but this time it’s Solana ($SOL), not Bitcoin ($btc).

These considerable capital inflows $sol suggest a bright future for Solaxy, the world’s first Solana Layer-2 (L2) network designed to gradually improve the network during demand enhancement.

Its Aboriginal token $solx (the new meme coin pre-sale) may even be the catalyst Solana needs to surpass the market advantage.

Sol Strategies’ Solana Treasury increased to $540 million+

Sol Strategies currently holds $40.4 million worth of $SOL and acquired an additional $500 million on Wednesday, with its total stake reaching $540.4 million.

Most of this $SOL will be locked into the network. It will increase Solana’s stake in, improve network security and reduce the token floating point section – each type of float can greatly increase the price of the token.

On the same day, Defi Development Corp bought $9.9 million worth of lockdown $SOL through Bitgo’s over-the-counter table. Although the chain has not been transferred, these assets are purchased at a discounted price. In this way, the company was able to expand its long-term Solana Treasury to a commendable $48 million.

$SOL increases by 20% as purchase pressure heating

Supported by these recent institutional inflows and inspired by favorable market sentiment, $SOL has grown 20% over the past two weeks, surpassing $BTC and $ETH.

These large-scale capital commitments show strong confidence in Solana’s long-term potential. Given Ethereum’s lagging performance, some investors and companies even say $SOL can outperform $ETH as the second largest cryptocurrency.

Solana looks like she’s having lunch on Ethereum. As more investors get tired of waiting for Ethereum to perform, they may give Solana a flaw, which will increase demand for coins. – Nasdaq.

With $SOL’s relative strength index (RSI) of 66.54, this view may not be crying. Technical indicators reflect strong buying pressure and market confidence when the asset edge approaches too much territory (70).

Solana Relative Strength Index (RSI) for Trading Views
Source: TradingView

Solana’s network speed is not without problems

But while Solana is well known for its high speed and low fees, it is not immune to the ordinary key vulnerability: network congestion during peak demand.

As adoption grows, often driven by the best meme coins, the DEFI protocol, and now major institutional investments, Solana’s throughput may reach its limit (again!).

For example, check out Donald and Melania Trump’s official meme coins ($trump and Melania) were launched in mid-January. There is no new transaction recorded on Solscan for thirty minutes, highlighting the significant network congestion.

Such events suggest Solana needs stronger infrastructure to handle unpredictable traffic waves. Thankfully, Solaxy is being built to solve this problem.

When is Solaxy Solana Stalls

By uninstalling transaction volumes and processing chains of microtransactions, Solaxy will prevent traffic congestion-related failures, such as seen during the Trump token launch.

Its local token $solx is the portal to the upcoming L2 network.

It also enables seamless cross-chain transfers between Solana and Ethereum. This way, you can easily move your assets from both major platforms and have access to a wider user base.

 Solaxy is a Duodali network
Source: Solaxy

So, $SOLX is currently one of the best cryptocurrency pre-sales right now, already attracting over $31.5 million.

In addition to its L2 innovation, $SOLX PRESALE has also attracted attention with its high-yield possession opportunity, which offers 129% APY. To this end, 25% of tokens are supplied for such rewards.

Considering that its additional 30% supply cap is also allocated for development, the continued growth of the solvent ecosystem is in sight.

Buy $SOLX to help Solana flip Ethereum

As institutions grow confidence in Solana, another $509.9 million leans towards Solana inventory incentives, it’s clear that $SOL is becoming a serious contender for $ETH.

However, with the momentum increasing, demand is greater, and the Solana Network has a history of feeling stress.

Fortunately, this is where Solaxy enters the picture. As the first Solana L2, it could be a gateway to Solana’s long-term resilience and outperforms the market’s strengths.

However, to get Solana to this next level, it can be effectively extended to maintaining the highest performance under pressure, thus supporting the solvent ecosystem.

To be actively involved with the infrastructure needed to promote Solana’s future, you can buy pre-sale $solx for $0.001704.

Solaxy’s launch is expected to increase its price to $0.032 by the end of this year, a 17-fold increase from its current value, so there is no better time to join.

Disclaimer: This is not financial advice. Crypto investments are turbulent and take risks. You should never invest more than your sad losses.

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