Let’s be completely honest – even though our experienced team is doing daily Pi Coin price predictions, this new crypto actually disappointed in terms of price action since hitting an all-time high of $2.97 in late February.
After dipping 17% today, the price is now trading around $0.60 with our Pi Coin price prediction anticipating a move towards $0.55 if $0.60 breaks. That being said, Pi Network’s token did briefly recover earlier this month from all-time lows at $0.40 to over $0.70, but looks like this pump was short-lived.
Frankly, Pi Network’s team couldn’t choose worse period to launch as February and March was one of the worst months in crypto history.
But, is there a new crypto that’s yet to launch, with very strong fundamentals? Let’s talk about Solaxy, one of the most viral active crypto presales on the market right now that raised over $30 million.
Solaxy: The First Layer 2 for Solana
This is the first-ever layer 2 for Solana. Remember pumps that POL, ARB, or AVAX as Ethereum’s layers-2 had in the past…
Solaxy works by moving transactions from the Solana main chain to its Layer 2 infrastructure. This makes everything faster and cheaper for users. The system takes most transactions off Solana’s main network, which helps prevent congestion and reduces failed transactions when the network gets busy.
One of Solaxy’s best features is how it connects Solana and Ethereum together. Users can easily move their assets between these two popular networks. This creates better liquidity and lets people enjoy the benefits of both ecosystems without the usual headaches of switching between them.
The platform uses advanced monitoring tools that can predict potential problems before they happen. This helps keep everything running smoothly even during high-traffic periods. Despite being a Layer 2 solution, Solaxy doesn’t compromise on security or decentralization – two concerns people often have about these types of platforms.
Development Progress and Upcoming Launch
Solaxy’s team recently shared some exciting news about their progress. Their Block Explorer will be officially released on April 19th, giving users a way to track transactions and activity on the network.
Their data availability systems have been optimized to handle 140KB per second on Solana’s mainnet. This technical improvement means faster data storage and a better experience for everyone using the platform. They’ve also made some small adjustments to their command-line interface to make it easier to use.
🛸 New Solaxy Dev Update! 🛸
— SOLAXY (@SOLAXYTOKEN) April 15, 2025
We've got some exciting news—Solaxy Block Explorer will officially be released on April 19th!
◉ Data Availability
• Further analysis confirms we can sustain 140KB/s with optimal configurations on Solana mainnet.
• This enables faster data… pic.twitter.com/l9sJM9hLya
The rollup performance continues to improve, with the team targeting an impressive 10,000 transactions per second. This would make Solaxy one of the fastest Layer 2 solutions available. On the bridging front, they’ve completed proper CORS setup on their SDK and are fixing bugs that cause differences between the rollup and Solana’s expected behavior in user interfaces.
Currently priced at just $0.001696 during the presale phase, Solaxy’s token price increases every 48 hours. With its strong technical foundation and approaching Q2 launch, many traders see this as a potential alternative to Pi Network that could see huge growth in the coming months.
Read also: Pi Network Community, Bear With Us: 3 Reasons to Sell Your Pi Coins Now
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