Cryptocurrency prices have plummeted, and the market is focused on the new coin ICO Solaxy, which has raised 9 million
After each callback, it is the best time to explore emerging projects. For example, Solana's first Layer 2 protocol Solaxy ($SOLX) is attracting market attention with its innovative technology, having raised over $9 million in its presale, becoming the focus of investors looking to buy the dip.Recently, the cryptocurrency market has experienced another significant correction, with mainstream crypto assets such as Bitcoin and Ethereum seeing notable declines. This crash not only wiped out over 6.3% of the total market capitalization but also instilled panic among investors. However, as with every correction, this is also the best time to explore emerging projects. For example, Solana's first Layer 2 protocol [Solaxy ($SOLX)](https://cryptopayibg.care/bsolaxy-cn143831?referrer=为什么加密货币价格暴跌 市场关注新币ico-solaxy已筹900万！) is attracting market attention with its innovative technology, having raised over $9 million in its presale, becoming a focal point for bottom-fishing investors.
On January 8, the total market capitalization of the cryptocurrency market fell to $3.35 trillion, with mainstream coins like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) dropping more than 3%. The main driver behind this crash was unexpectedly strong U.S. economic data, which heightened market expectations for further interest rate hikes by the Federal Reserve, prompting investors to shift to a risk-averse mode.
Bitcoin's price briefly fell below the psychological threshold of $95,000, reaching a low of around $93,000 on the same day, with a decline of up to 6.35%. Panic selling further affected the overall market, with Ethereum dropping 10% and popular public chain assets like Solana seeing declines close to 12%. Additionally, the total amount of long liquidations in the derivatives market reached $631 million, exacerbating market volatility. This situation reflects a cautious attitude towards risk assets, especially in the context of the Federal Reserve potentially maintaining higher interest rates. The demand for highly volatile cryptocurrency assets has decreased, leading to capital outflows in the short term.
Solaxy: A Revolutionary Solana Layer 2 Project
Despite the market downturn, emerging projects like Solaxy are demonstrating strong capital-raising capabilities. As Solana's first Layer 2 solution, Solaxy aims to address long-standing issues such as network congestion and transaction failures, while introducing multi-chain integration capabilities to enable resource sharing between Solana and Ethereum.
Solana, as a high-performance public chain, has rapidly risen in the meme coin and DeFi sectors in recent years, but it has also faced network congestion due to excessive transaction volume, resulting in a failure rate of up to 25%. Solaxy significantly reduces network load and enhances transaction speed and reliability through off-chain transaction processing and transaction bundling technology.
[Solaxy's native token $SOLX](https://cryptopayibg.care/bsolaxy-cn143831?referrer=为什么加密货币价格暴跌 市场关注新币ico-solaxy已筹900万！) supports cross-chain transactions, combining Ethereum liquidity with Solana's efficiency, making it a true cross-chain DeFi entry point. Additionally, the $SOLX token allows users to stake during the presale period, with an annual yield of up to 2778%, further boosting investor participation.
Solaxy Presale Highlights: Seizing Future Growth Opportunities
The Solaxy presale adopts a tiered price increase mechanism, having raised over $9 million, with prices gradually increasing from $0.001 to $0.001594. Investors in this phase enjoy early participation price benefits, and as the presale progresses, the token price will continue to rise.
Moreover, Solaxy offers flexible purchasing options, allowing investors to participate in the presale using BNB, ETH, SOL, or credit cards. This convenient participation method has attracted a large number of novice investors while enhancing community vitality.
$SOLX is still in the presale stage, and after the presale ends, it will be listed on DEX and CEX. Investors are encouraged to visit the official website,++X++, and++Telegram++ for the latest presale information.
Conclusion: New Opportunities for Bottom-Fishing, Lock in Solaxy
Although the volatility in the cryptocurrency market presents challenges, each correction is the best time to discover potential projects. With its innovative Layer 2 solution, Solaxy not only brings a technological upgrade to Solana but also expands its application scenarios through cross-chain integration and modular infrastructure.
As the presale nears its end, the window for early participation is gradually closing. For investors looking to capture high-potential projects at market lows, Solaxy is undoubtedly one of the most noteworthy ICO projects to watch in 2025. Act now, join Solaxy, and be part of this on-chain revolution!
Best Wallet has launched a "Upcoming Tokens" feature, allowing convenient participation in new project presales, enhancing investment opportunities and user experience. Through the "Upcoming Tokens" feature, users can directly participate in presales within the Best Wallet app. If you want to check the tokens you purchased, simply import your purchasing wallet into Best Wallet to view the current value of the tokens!
Disclaimer
Cryptocurrency investment is highly risky, with significant price volatility that may lead to capital loss. This article is for reference only and does not constitute investment advice. Please conduct your own research ( DYOR ) and make cautious decisions.
