Wondering about your crypto investments for 2025? The Solana network is gearing up to create ripples in the crypto market. The network is planning a complete upgrade, backed by Solaxy ($SOLX), and if that isn’t alluring enough, it’s rolling out a mobile Solana staking app to give investors a seamless digital experience.
A Canadian firm named Sol Strategies spearheaded the acquisition of this innovative staking app, Orangefin, at the end of the previous month. Currently limited to the Solana dApp Store (accessible via a Solana phone), the mobile application is set to debut on Google Play and the iOS App Store “later this year.”
Exploring the Functionality of Orangefin’s Staking App
Just as you might have guessed, the Orangefin mobile staking app enables the staking of Solana ($SOLX) coins right from your Solana mobile phone. The app provides staking APYs ranging from 8-10%, proving to be more than just a utility for phone calls.
The soon-to-be-released Solana Seeker, succeeding the Solana Saga crypto phone, is an Android device specifically enhanced for astute cryptocurrency investors. Equipped with a ‘seed vault’ for personal keys and digital asset storage, it also features a dApp store housing the Solana staking app.
For users seeking high standards of security, Orangefin offers full control over their keys and boasts an untarnished record when it comes to security and compliance. The release of this app is bound to simplify Solana staking, likely attracting a larger investor base to the Solana coin. As of now, Solana is performing exceptionally well, trading near $217 per token with a robust market cap exceeding $105 billion.
With the resolution of Solana’s persistent issues with the upcoming L2, expect more applications like Orangefin to surface in 2025, bolstering Solana’s standing as a major contender in the crypto sphere.
Invest in Solana by Buying and Staking Solaxy
Orangefin’s staking app isn’t the only reason to celebrate for the Solana blockchain. Solana’s recurring problems like network congestion, exorbitant transaction fees, and failed transactions could soon be past issues.
An upgraded version of the Solana ecosystem, dubbed Solana L2, aims to eradicate these shortcomings, offering a more efficient and affordable Solana experience with fewer downtimes and failed transactions.
The promising ‘next-generation blockchain’ can be supported by purchasing Solaxy ($SOLX) coins. Currently, a presale is underway with an attractive staking APY of 325%. Particularly for the development of the new Solana, 30% of the funds from Solaxy’s tokenomics are allocated, while an additional 25% is set aside for staking rewards, motivating investors to act quickly.
Purchasing Solaxy is a Simple Process
Now is the opportune time to invest, as Solaxy’s price is set to rise soon, potentially leading to a reduction in the staking APY. To make a purchase, you simply need to register for a crypto wallet, such as Best Wallet, connect it to the Solaxy website, enter your desired investment amount, and your tokens will be reserved.
As always, it’s vital to remember that forecasts should not be equated with guarantees. Conduct your own research, draw your own conclusions, and refrain from investing funds you cannot afford to lose.
FAQs
What is Orangefin’s Staking App?
Orangefin’s Staking App allows investors to stake Solana ($SOLX) coins on their Solana mobile phone. It offers staking APYs of between 8-10%.
Why Invest in Solana?
With the launch of Solana L2 and a more efficient and affordable Solana experience, more investors are expected to be attracted to the Solana coin.
How to Purchase Solaxy?
Purchasing Solaxy is easy. You need to register for a crypto wallet like Best Wallet, connect it to the Solaxy website, enter your desired amount, and your tokens are reserved for you.
