After reaching record highs in February, Pi Coin's price has started to decline, and another exciting project — Solaxy — has emerged.
Current Situation with Pi Coin
Pi Coin has experienced a significant price drop of 35% after reaching record values in February. The average price has stabilized in recent days, which may indicate a temporary equilibrium of supply and demand.
Solaxy: A New Star in the Market
Solaxy has caught attention as a potential alternative to Pi Coin. Currently, the SOLX token is in presale at a price of $0.001654, and the project has already raised over $25 million. Solaxy offers a Layer-2 solution providing high transaction speed and scalability for the Solana blockchain.
Technological Aspects of Solaxy
Solaxy uses rollup technology and multi-chain compatibility to enhance its performance. The focus is on improving transaction processing speed and enabling further development opportunities. The project supports a bridge to Ethereum and offers staking opportunities with a competitive APY.
Amid Pi Coin's price decline, Solaxy appears to be an interesting alternative due to its technological base and successful presale.
