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It is a painful time to be sidelined in stablecoin and a great time to be a crypto owner. Institutional appetite is roaring for exposure. Bitcoin (BTC) ETF inflows remain constant, and even crypto-native hardware is experiencing and enjoying product market fit.
Solana’s (SOL) phone pre-orders hit 100K as new memecoins flourish. The Galaxy Fox (GFOX) presale is nearly sold out, and mounting demand for crypto ownership across the board implies that all-time highs (ATHs) could be surpassed by the end of the year.
Solana Chapter 2 mobile hits 100,000 pre-orders
The Saga. Solana’s original hardware device. A phone that went largely unnoticed until the meteoric rise of Bonk (BONK), with the value of the airdrop eclipsing the phone’s value at one point. Solana’s Chapter 2 smartphone has hit 100,000 pre-orders and will go into production later this year.
Deliveries are expected in early 2025, and this more affordable model priced at $450 overshot demand for the Saga on the first day of pre-order. Demand for web3 hardware tech is rising, and Chapter 2 will likely be an airdrop machine.
Solana building out hardware is a massive step for crypto, and delivering devices hard-built for crypto use straight out of the box is great for adoption.
While the team ships, SOL investors have been doing their best. The massive rally in the last quarter of 2023 put Solana in the driver’s seat for investors bullish on a rerun of the alternative layer one trade.
As adoption grows and the basis of competition shifts to performance, this low-latency chain can be a great horse to back for the 2024/ 2025 cycle.
Galaxy Fox presale in the final stage
Galaxy Fox is about to finish its presale.
Over several weeks, it has raised over $3.5 million, and 93% of the sold-out GFOX tokens have already been purchased.
Galaxy Fox is ready to compete with P2E giants like Axie Infinity (AXS) and Gala Games (GALA), and meme coin legends like Dogecoin (DOGE) and Shiba Inu (SHIB).
The project offers a classic memecoin build but with added upside potential and a play-to-earn game, adding entertainment to the usual speculative model.
The game, an endless runner similar to Temple Run, is designed with a classic web3 twist. At the end of each season, the protocol pays out prizes to the best players, and anyone in the top 20% of the leaderboard wins a part of the prize pool.
Tokenomics is another standout feature. A token burn, the Fair Launch mechanism, and lack of token emissions will create a down-only total supply after launch.
Staking rewards and a growth-orientated Treasury make this project even more attractive, and considering its dual narrative support, GFOX easily ranks among the top cryptos to invest in right now.
Closing thoughts
Investors can consider adding SOL and GFOX to their portfolios.
SOL is the dominant alternative layer-1 play, and Galaxy Fox can be an Ethereum beta.
So far, the GFOX presale is nearly sold out.
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This article first appeared at crypto.news
