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Solana’s price at the highest $ 180 by jumping the second Soliq solar

The Solaxy project subscription (Solx) has just obtained a large realization of more than $ 35.5 million, adding about a million dollars since Monday, when it has raised $ 34.6 million. This highly coincided momentum with the high price of Solana-Sol above the level of $ 180 and currently targets $ 200.

This achievement arrives at an appropriate time due to the first second place solution for Solana Blukachin; Solaxy quickly became the favorite choice for investors who drew their attention from the main infrastructure network that improves the next step in its growth.

Although these positive developments are not only focused on excitement about the project, the launch of Vaneck is recently the VBLL fund for the financial representation of the US Treasury bonds on Solana blockchane in light on the confidence of the traditional financing sector in this network, and that institutions have started to deal with Solana as a financial structure that is based, not just a rapid network.

Institutions are also fully aware of the dependence of Solana’s future to solve the problem of its expansion, and here it highlights the role of the Solaxy project, which is considered a second engine designed specifically to manage what the main layer cannot afford. It should be noted that although Solx is now available at $ 0.001724, this is only one day before increasing the next price.

Solana joins Ethereum in the main institutional launches thanks to the Vaneck Fund

Officially, Vaneck Asset Management Company launched the VBLL Fund, the first financial representation fund for the US Treasury bonds on Solana blockchain, in cooperation with security.

The fund provides – in turn – in the real time of the blockchain to the active ingredients supported by the treasury, where it is now available via a certain number of blockchain networks: Solana (Solana, Ethereum) and the BNB channel and the avalanche, with the help of the Worldhole protocol allow the registration reports through various blockchain networks.

VBIL is a fully organized product supported by the services of the complete security company of the representation of digital assets and the management of funds to the values ​​of securities, because it was designed specifically to directly guarantee good capital management and provide more liquidity to institutional actors who have moved to the blockchain network.

Solana has not been added later to this fund, but rather partly when it was launched, which places it on an equal footing with Etheerium in one of the largest institutional launch operations so far.

Likewise, Vaneck’s stages did not stop there, but rather applied to the federal register – such as 21Shares, Bitwise and Canary Capital – to create an investment fund for immediate negotiations on the Stock Exchange (ETF SPOT), with the proximity of Bloomberg to 90% to be approved to be approved to be approved on these requests, indicating the proximity of the start of the next investment wave.

This institutional transformation can pay the resolution price to rebalance its unprecedented level of $ 295.40, which was recorded on January 19.

A graphic diagram to make the Solana currency

Source: tradingView

While the titles of the news focuses on the first layer of Blackchen Solana, the true story lies in what is happening in the scenes, that the figures have proven health with the explosion of the price of the Solax project currency.

Solaxy offers major improvements in the Solana network before launching

The Subscription for the Soloxy currency has gained enormous impetus, adding millions of dollars with more investors realizing that this is the next stage of Solana’s prosperity, and the solution to the second layer of the project aims to solve the problems of suffocation, instability and the capacity to extend the Solana contract.

When launching, Solaxy should considerably increase Solana’s capacity to treat transactions, which will make it more able to deal with an increased activity from games, Mims and decentralized financing (DEFI) without prejudice to its speed.

It is not only a theoretical conversation, but it is rather carried out in the field, because the team has launched a faster restart mechanism for the complication of transactions and a stable test environment, as well as the improvement of the performance of the transaction collection process as well as the repair of the defects of the user interface, which made the platform more sensitive and ready for production.

As the project’s next step, the Solaxy link will soon be available on its experimental network, offering an overview of the scientific application of how this second layer solution increases Solana Balcachin’s ability to develop, knowing that the experimental network and the blockchain browser are now available via Solaxy.

Solana speed is not enough to dominate the decentralized financing sector and the solution is the second Solaxy engine

Solana’s blockchain has proven its ability to develop, because it excelled – only this month – on all other networks in terms of decentralized platform trading (DEX), and exceeded the weekly negotiation volume of more than $ 3.88 billion, and more than 86.13 billion dollars in the month, of Ethererium which recorded 53.4 thousand dollars during the same period.

However, the speed component alone is not sufficient to gain the domination of the decentralized financing sector ((DEFI, which Ethereum always leads to a large extent – thanks to the stability of its network.

A schedule showing the volumes of different blockchain networks such as Solana, Bus and Etheerium

While Solana is still being expired, the traditional financing sector will not accept such periods of service interruption, which lasted the longest for 20 hours in 2021. In relation to this, the visa and mastercard treatment dealing with thousands of transactions per second without any interruption, and it is the criterion that any serious financial network must meet. In other words, if Solana not only seeks to dominate the decentralized financing sector, but also to compete with the speed and reliability of the traditional financing sector (traffic), it has urgent a second engine.

The network has found its way in the Solaxy project, which works as an auxiliary processor to complete transactions to maintain the work of the network at the highest speed and ensure that the protocols are not disturbed during the huge periods of activity. The higher the volume of Solana transactions, the higher its need for Solaxy infrastructure is high and, as a result, of its basic floor.

And because Solx represents a financial origin, it means expansion; The increase in demand for it is directly linked to the expansion and growth of Solana, in particular thanks to functional uses which must be treated to a large quantity of transactions such as decentralized platform transactions (DEX), the collection of yields of digital currencies and the launch of MC currencies. And if Solaxy keeps its promises, then here is what the future could wear for Solana:

  • The acquisition by Solana on the largest part of the decentralized financing sector.
  • Develop Solaxy the capacity of the network to absorb increased activity.
  • Solx will become an essential element of the future of the network.

Join the Solaxy subscription

In conclusion, Solx cannot be considered simply MIM, but rather the mechanism behind the increase in the strength and capacities of the Solana network. And if you want to participate in this promising project, the opportunity is always an opportunity for you, because you can visit the Solaxy website and link your support for its destination. Likewise, you can – immediately – hypotherate the solx currencies that you recently bought for a variable yield (APY) of 113% per year, which is modified according to the activity of the mortgage complex and total participation.

For a better experience, it is worth using the best portfolio – a self -Garden Cireto portfolio – allows you to see your assets from the Solx currency before its launch, as well as its work on the BlueChen Solana and Ethereum networks. To see the latest project developments, join his community on Telegram and X.

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The Post of Solana Price at the highest $ 180 by jumping for the second SOLAXXY SOLAXY SULDING SUBSCRIPTION 35.5 million dollars and only one day remains in its next phase appeared first on Arab Cryptonews.

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