MelbaWaters
@melbawaters
Solaxy (SOLX) is aiming to provide scalability solutions as a Layer 2 on the Solana network, which could improve transaction speeds and lower costs. As more decentralized applications (dApps) use Solaxy for faster transactions, this could drive up demand for SOLX tokens, potentially increasing its value. Investors might see this as a promising growth opportunity, but they should assess the risks related to competition with other Layer 2 solutions.
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