EOS ($EOS) has broken past the $0.80 level again in the last 24 hours after its Vaulta ($A) swap announcement on May 7.
The process is also free and has no slippage, which ensures the cryptos hold their value.
The swap is part of the final stage of EOS’ rebrand to Vaulta. In mid-May, exchanges will start delisting $EOS and list $A.
Here’s what’s been happening, exactly, and how this could bode well for crypto presales like Solaxy.
And in the backdrop of EOS’ journey up, one crypto presale could be the next to take the markets by storm: Solaxy ($SOLX). Let us explain why.
These have plagued the blockchain for many years and have halted investor interest in $SOL. And Solaxy could prove instrumental in changing that.
$SOLX is Solaxy’s native token, a multi-chain token operating on both Ethereum and Solana. This lets Solaxy take advantage of Ethereum’s liquidity and infrastructure, as well as Solana’s speed and low fees, for a double shot of awesome utility.
For even more rewards, you can also stake tokens and enjoy staking rewards, which is at 119% at the moment.
While it’s still too early to tell how Solaxy will fare long term, its tokenomics show much promise. The project has devoted the biggest chunk of its 138B token supply towards development (30%).
It will also pay early supporters handsomely, as 25% of all $SOLX tokens will be allocated towards rewards.
Aside from its tokenomics, external factors, strong community support, and other factors may help this token grow exponentially in the coming years.
With $EOS and $SOLX, we see crypto slowly advance towards projects that build upon existing architecture. While EOS rebrands to Vaulta, the underlying infrastructure will remain the same, while Solaxy aims to make transactions cheaper and faster on Solana.
But before you invest in crypto, always remember that the crypto market is highly volatile. Always do your own research and use the information in this article for educational purposes and not as investment advice.
