Crypto investors are increasingly relying on AI tools to shape their investment strategies. An entire sector of new crypto assets, AI agent coins, have cropped up to offer token holders a competitive edge in the market.
Recently, Grok AI has stolen the spotlight with the launch of Grok 3, the latest model from Elon Musk’s xAI company. According to the Kalshi prediction model, Grok AI is now the betters’ pick for the world’s best AI model.
We asked Grok AI to recommend the best new cryptocurrency to buy in February. The model chose Solaxy (SOLX), a prominent Solana layer-2 coin that has raised over $22.3 million in its presale.
Summary
What Is Solaxy?
Solaxy is the first prominent Solana layer-2 chain, designed to tackle the network congestion issues that crop up on Solana during periods of heavy traffic.
For instance, nearly 75% of all non-vote SOL transactions failed during 2024’s meme coin mania. Similarly, Solana experienced network outage, transaction failure and processing delays during Donald Trump’s meme coin launch.
Considering Solana’s branding as a highly scalable blockchain, experts believe the continued poor network throughput could result in an exodus of users and applications from the ecosystem.
However, Solaxy could prove to be a game-changer.
The new Layer-2 chain uses the tried and tested roll-up technology and zero-knowledge proofs to bundle SOL transactions into batches, process them off-chain and publish the state change back onto the Solana mainnet.
The approach promises zero Solana downtime, infinite scalability on both chains and fast and cheap transactions.
The developer team has already created a state transition function as well as a deterministic sequencer for transaction ordering. It has also partnered with Celestia and Sovereign for their data availability solution, a key component required for ensuring the integrity of the chain’s computation.
As per the latest developer update, the team has successfully integrated Solana Virtual Machine with its zkVM as well as SP1 with the Sovereign rollup framework.
It has also partnered with Hyperlane to bridge Solana and Ethereum Layer-1s, creating an interoperable ecosystem that could benefit from the best of both chains. Check out the latest developer updates here.
Solaxy’s roll-up architecture is quite standard and has been tried and trusted on Ethereum. However, it is the first prominent Solana Layer-2 chain, which explains the strong demand for its native token, SOLX.
Why Has Grok AI Picked SOLX As The Best New Crypto To Buy?
Grok AI claims to be impressed with Solaxy’s real-world utility. The AI states, “Solaxy addresses significant pain points within the Solana ecosystem, specifically congestion and high transaction fees.”
Next, it has cited its Solana-Ethereum interoperability as one of the key reasons why it has picked Solaxy as the best new crypto to buy in February. SOLX is designed to benefit from the vast user base on both chains.
Grok AI also highlights SOLX’s staking platform, which is offering passive income to early presale buyers. Despite raising over $22.3 million in its presale, it is still offering a reward rate of over 180% per annum.
The AI model also cites its presale performance, high upside potential and the community support as other key reasons to be bullish on Solaxy.
The project’s key selling point is straightforward—Solana will continue to be the hub for meme coins due to its low transaction costs. However, as investors struggle with network congestion issues during periods of heavy traffic, they will migrate to Solaxy, which preserves all of Solana’s pros while removing the cons.
Besides Grok, prominent crypto analysts also appear to be bullish on SOLX’s upside potential, with many eyeing anywhere between 10x and 100x returns.
