Solaxy, Solana’s first Layer 2 solution, has recently received a lot of attention raising $34.2 million in its presale. The purpose of the initiative is to make Solana an even better and more scalable technology, with increased transaction speeds and fee structures. This latest development goes a long way in...
Okay, art aficionados and virtual visionaries — now we’re diving into SOLX. The rumor mill is turning, the excitement is bubbling, and my DMs are filling up. Everyone wants to know: Is this Solana Layer-2 the magic bullet our NFTs have been waiting for, or is it just another flash...
The SOLX presale is coming to a close, exchange listings are on the horizon, and the SOLX hype machine is already warming up. MEXC Global, BitMart and Raydium all live on the launchpad, with rumors of Tier-1 exchanges taking off just over the horizon. Avoid jumping head first into what...
Solana’s remarkable growth and presence in the blockchain arena is impressive, but by no means comes without its controversies. Scalability issues and a lack of network congestion at times have been major sore spots for users and developers as well. Enter Solaxy (SOLX), a new Layer-2 solution built to bridge...
Solaxy, Solana's first Layer 2 solution, is designed to reduce traffic on Solana's mainnet and enhance its existing strengths. The presale is already $32.4 million, with more than 9.2 billion $SOLX tokens staked by investors. This launch is another important step towards enabling Solana to be even more scalable, allowing...
Thirty-two million dollars. Let that sink in. That’s how much capital was poured into Solaxy’s presale, a Layer-2 solution built on top of Solana. A network already famous for its lightning quick speeds and choice of bank-breakingly low transaction fees. It’s a huge vote of confidence… or is it?Solana L2...
Let’s be frank, the crypto world is awash in smoke and mirrors. One day it is this project, next day it's that one and they are going to displace the incumbent and disrupt everything. And the majority of them? Though, poof, they disappear quicker than free donuts at a crypto...
Alright, alright, before you ETH maxis sharpen your pitch forks and come for my head—let me elaborate. We all know that Ethereum has been the unquestioned home of NFTs. The OG. The big cheese. Let’s be honest, that gas fee nonsense? It's highway robbery! Now picture attempting to purchase a...
The clamor for 1inch launching on solana is overwhelming. Another high-profile name flies the coop, or better, takes wing. We’re led to believe that it’s the cornerstone of a “unified multichain DeFi ecosystem.” Here’s the hard truth. Is this really about unity, or is this just another play in the...
Okay, 1inch is on Solana. Big news, right? Another DEX aggregator hopping onto another chain. We've seen it before. This time, the narrative is different. We’re listening to the siren songs of “social inclusion,” of DeFi at last delivering financial services to the unbanked, the underbanked, the left behind. Are...
Further Reading
Commit Growth is a Crypto Mirage? The Sobering Truth Behind the Hype
So, everybody is talking about commit growth in crypto, aren’t they? Starknet, Sui, Cardano, Avalanche, Polkadot – apparently they’re all crushing it on developer activity. Month-over-month increases of 20%, 30%, even 45! Sounds amazing, doesn't it? Like a sure sign of future success. Slow down before you sell the farm...
5 Cryptos Surging, Others Dying? The Meme Lords Will Decide
Starknet, Sui, Cardano, Avalanche, Polkadot. Sounds like a law firm, right? Or perhaps the opening act on their international tour. According to some, these five are winning the developer commit game. We’re glad to see some analysis confirming their jaw-dropping performance. Good for them. Let’s face it, developer commits makes...
5 Cryptos Exploding with Dev Activity: Should You Invest?
Developer activity is one of the most reliable leading indicators of a crypto project’s health and ability to grow in the future. A large number of developer commits indicates that the project is being regularly maintained, improved, or expanded. This constant innovation can drive more widespread use amongst the users,...
Top Cryptocurrencies See Development Activity Surge in July
Developers Are Still Building In July, Starknet, Sui, Cardano, Polkadot and Avalanche all experienced robust growth in developer commits. Their increases were from 20% to 45% m-o-m! This explosion is a clear sign of rapid development and innovation happening within these blockchain ecosystems. The price increases for these five cryptocurrencies...
Pudgy Penguins Are Taking Over, And You're Missing Out! (NFTs)
Let's be honest, you've seen them. Those cute, fat little penguins waddling around your Twitter feed, every so often covering up someone’s profile picture. Maybe you scoffed. Maybe you rolled your eyes. Maybe you thought, "Another NFT fad." You were wrong. Dead wrong.I get it. The NFT space, let me...
Pudgy Penguins: From NFT Fad to Web3 Empire?
Pudgy Penguins began like every other PFP project. Today, it has smartly transformed itself into a multi-layered Web3 brand with its deep and diversified ecosystem. This metamorphosis has given it the power to transcend the limitations of a one-dimensional NFT story. Today, it boasts a much thicker and wider bottom...
Pudgy Penguins' Cross-Chain Play Genius Move or Crypto Hype?
The NFT space is the wild west, right? One minute you're staring at pixelated rocks selling for millions, the next, everyone's moved on to the next shiny object. But then you see projects like Pudgy Penguins. Though they launched as a basic PFP project, they’ve been working on the low-key...
Modular Blockchain Technology Gains Traction, Over $400 Million in Funding Secured
Modular blockchains are increasingly riding this wave within Web3, advocating decentralization, specialization and open innovation. It’s a very different approach from monolithic blockchains, where every function happens on one chain.Ethereum's "The Merge" upgrade in September 2022 was a pivotal moment, transitioning the network from a Proof-of-Work to a Proof-of-Stake system....