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Solaxy Raises $58M, Zortrax Launches ZRXT Token

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by Giorgi Kostiuk

4 hours ago


The Solaxy and Zortrax projects are making significant strides in their industries by introducing innovations through tokenization and Layer 2 solutions. These achievements could alter both the DeFi market and the principles of 3D printing.

Solaxy's Investments and Their Impact on DeFi

Solaxy is developing the first Layer 2 blockchain on Solana, focusing on network efficiency through innovative rollups and smart contracts. The project has raised over $58 million, indicating strong market interest.

Zortrax: Integrating 3D Printing and Blockchain

Zortrax, a leader in 3D printing, is launching the ZRXT token to link its ecosystem with decentralized finance. This will promote new opportunities in their business model and potentially impact blockchain adoption in the industry.

The Prospects of Tokens in New Business Models

The market may anticipate an increase in DeFi activity around Solana-based assets inspired by Solaxy's ambitions. The introduction of utility tokens in 3D printing suggests new business model experiments, emphasizing blockchain's influence on traditional sectors. Solaxy aims to replicate Ethereum's Layer 2 successes, alleviating network congestion on Solana and boosting DeFi liquidity.

The new initiatives from Solaxy and Zortrax highlight the importance of tokenization and efficient technologies in both traditional and emerging industries, although the actual impact of these projects remains largely speculative at this stage.

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