After hitting ATH of around $2.94 in late February, Pi Coin price entered a correction mode and is now down 35% from that range.
The price went up and down a lot last month with lows around $0.61. This is mostly in line with how the market behaved as Bitcoin was hitting highs of over $90k and lows at around $80k on a daily basis basically.
Pi Coin price hasn’t moved much in the last few days and this usually means that current holders are sitting tight while new buys and sells are on the same or similar level.
So, what if there’s an altcoin priced at just around $0.0016 in presale that could outshine Pi Coin in April? Let’s talk about Solaxy.
#PI crashed hard.
— Evan Luthra (@EvanLuthra) February 21, 2025
Congrats to the ones who sold after launch. pic.twitter.com/NE3UbA7gxc
Beyond Pi Coin: Is Solaxy a Safer Altcoin Bet?
Solaxy’s native token SOLX is currently in presale priced at just $0.001654 with the price increasing every 48 hours. The presale has been a success thus far with over $25 million raised, which was a huge milestone for their team.
Solaxy functions as a Layer-2 solution for the Solana blockchain, designed specifically to address congestion issues while offering high-speed transactions and scalability. Built on Solana’s foundation, Solaxy leverages the blockchain’s recognized speed and affordability while implementing solutions to its known congestion problems.
The project employs rollup technology that allows it to outperform Solana in terms of transaction speed, ensure zero downtime, and offer customizable solutions for developers. This also enables the development of new meme coins with actual utilities beyond mere speculation.
YouTube channel ’99Bitcoins’ with over 725k subscribers just released a new video and highlighted $SOLX as one of the tokens they are buying.
How Solaxy Works and What Sets It Apart
Solaxy’s network utilizes off-chain execution and transaction bundling to enhance performance and reliability while maintaining Solana’s underlying security infrastructure. This mechanism works by offloading transactions to an off-chain environment, bundling multiple transactions together, and then settling these bundles on the main Solana blockchain.
The token distribution for the 138,046,000,000 SOLX supply allocates 30% for project development, 25% for early supporters through passive rewards, 20% for future initiatives, 15% for marketing efforts, and 10% for liquidity to ensure a stable launch.
What makes Solaxy potentially interesting is its multi-chain compatibility, being designed as an ERC-20 token on Ethereum with a bridge to Solana. The project also offers staking opportunities with competitive APY for token holders, and its smart contract has been audited by Coinsult, a respected crypto security company.
All in all, this new altcoin could be big when it launches on exchanges in a few weeks, so this low entry price now in presale is tempting.
Read also: Missed PI Coin Rally In February? Don’t Worry, These Low-Cap Altcoins Can Save You in March
Disclaimer: CaptainAltcoin does not endorse investing in any project mentioned in this article. Exercise caution and do thorough research before investing your money. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the reader. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
