Stellar (XLM) and Solana (SOL) supporters bet big on Kelexo (KLXO), seeing major growth potential in stage 2 lending presale

April 20th saw the much-awaited Bitcoin halving event. As a highly anticipated cryptocurrency event, the halving majorly influenced developments in many altcoins throughout the industry. Solana (SOL) and Stellar (XLM) represent two projects affected by the halving, positively and negatively. 

The current market volatility has led investors to a new opportunity. With Kelexo (KLXO) public launch on the way, investors are confident in its profit potential post-presale.

Solana (SOL) faces volatility as memecoins dump hard

Solana trading volume recently surged due to heavy memecoin activity within the ecosystem. Assets like Dogwifhat and other similar projects drew massive investments into Solana (SOL). As Bitcoin’s halving approached, many of these tokens recorded massive dumps, with some reporting losses of up to 90%. 

Due to its heavy trading activity early in the year, Solana faced network congestion issues. This congestion was closely linked to the meme coins within the ecosystem, holding up the protocol with failed transactions. With a recent update, Solana (SOL) fixed this problem, creating ease of transaction. 

Recent developments in the Solana meme coin industry reflect the need for caution when trading meme coins. Barely one month into public launch, many Solana (SOL)-based meme coins have crashed. These events question the validity of meme coins launched on the Solana ecosystem.

Stellar (XLM) aims to build adoption by pushing multi-chain synergy

Stellar involvement in Blockchain development is nothing short of impressive. In a recent Blockchain event, the Stellar (XLM) Development Foundation’s CEO, Denelle Dixon, rolled out Stellar plan for the future. 

Speaking at the Paris Blockchain Week, Dixon stated Stellar’s success with asset tokenization and fiat gateways and channels. For the future, Dixon stated her interest in piloting a new age of Blockchain interoperability. The synergy between major blockchains would ultimately provide access to digital assets, thereby improving adoption.

Earlier this year, Stellar (XLM) launched Soroban, a development aimed at attracting more Developers to the Stellar ecosystem. Soroban improves Blockchain asset development, making it easy to provide working DeFi solutions. 

Stellar (XLM) sees a collaboration with other major blockchains in its future as the Kelexo (KLXO) launch takes center stage.

Investors dive into Kelexo (KLXO) presale as Bitcoin undergoes halving

Kelexo’s massive presale success has won investors into the new lending protocol. As a DeFi solution, Kelexo (KLXO) connects lenders and borrowers on a secure and transaction-efficient platform. Users can choose to sign up as vendors or customers. 

Cutting out the middleman and providing privacy and security have drawn users to Kelexo. Registration requires no KYC protocol, allowing transaction anonymity.

The price of $0.05 allows new users to participate in stage 2 of the project’s presale phase. Presale investment comes with incentives like account managers, cashback, and interest payouts.

Kelexo (KLXO) is set to rattle the lending industry by promoting fairness and profitability. Its VIP program and ease of use make it a top choice for new crypto users.

A perpetually locked liquidity and a thoroughly audited protocol further protect investors from rug pulls and malicious action. This makes Kelexo one of the safest and most profitable new projects in the market. The many utilities of Kelexo make it such a great choice for investment.

Visit the Kelexo (KLXO) presale website here to learn more about its presale.

Disclaimer: This article is sponsored content and is not financial advice. CryptoNewsZ does not endorse or guarantee the accuracy of the content. Readers should verify information independently and exercise caution when dealing with any mentioned company. Investing in cryptocurrencies is risky, and seeking advice from a qualified professional is recommended.

Mark Peterson

Mark Peterson has been following the crypto market for the past seven years. As a crypto news journalist, he has recently joined our team. He regularly delivers the most recent happenings of the crypto space. He enjoys writing poems and exploring various crypto trading platforms in his spare time.

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