The PI network drowns 18 %, where some traders are in advance Solaxy

Pi Network (PI) got 18 %, and some merchants do not wander to see if he recovered.

Instead, they revolve in Solaxy (SOLX), which she draws and promises to the fastest transactions and less fees on Solana.

But is this a smart step or just another case of hunting noise?

The PI slides to $ 1.12 – is there any hope for recovery?

The PI network is currently facing some great challenges.

Distinguished symbol now hovering About $ 1.12 – The lowest price since February 22.

The main support was also broken at $ 1.25, a standard level on two previous occasions, indicating that the sellers are firmly controlled.

With the PI decreased by 62 % of its highest level ever on February 26, the market ceiling decreased to $ 7.7 billion, and there is a minimal sign of reflection.

Immediate trading volumes remain high, but this is likely to release traders instead of buying a decrease.

In addition, the technology in PI is still weak.

PI stuck in a convergence channel on the graph for 4 hours, which enhances the declining direction.

Open attention is It also decreased 9 % Last day, this means that even merchants who are used to retreat.

All of these factors indicate that it has the upper hand, and unless buyers intervene soon, the declining direction can be pulled to April.

Why is the pi-main factors that lead the sale process

Selling PI Network is not random-it is driven by several factors that exceed merchants to exits.

One of the largest drivers is the last A wave of distinctive symbolWhich flooded the market with the new offer.

More symbols usually mean low prices, especially if the demand is not strong enough to accommodate the additional sale pressure.

Now, the request does not seem to keep up with.

The last deadline of Kyc on March 14 only added to the uncertainty.

Miners who have failed to complete the verification may have lost access to distinctive symbols or were closed from Mainnet deportation, which led to the sale of panic.

Meanwhile, Pi Network’s failure to secure the Binance menu – despite strong support – shook another confidence.

And let us not forget the first adopters who have mined PI for years; Many may choose to get profits now.

With the pressure of pressure pressure and the absence of instant stimuli for reflux, merchants are understandablely pessimistic about the horizons of the PI network.

It is another example of how a project with an emotional society can stumble under the weight of shocks and undoubted expectations.

Solaxy Layer-2 acquires momentum while searching for traders for the following big opportunity

For merchants who revolve from the PI network, Swalasi It offers a different kind of opportunities – one rooted in solving real issues in Blockchain space.

As the Solana First Solution for the -2, Solaxy aims to fix the failure of the network congestion and the failure of transactions that hindered Solana users, especially during Frenzies Meme Coin.

The project acquires traction quickly, already raised $ 26.8 million in a period before it, indicating a strong investor confidence.

Solaxy preparation is relatively simple.

It processes transactions outside the chain and settles on Solana in batches, similar to how Ethereum optimism works.

https://www.youtube.com/watch?

This approach reduces the pressure on Mainnet from Solana, improving speed and lowering fees – two things looking for merchants and developers.

Moreover, at Solaxy Stokeing app For the original Sol symbol, APYS is offered from 152 %.

To date, more than 7.5 billion SOLX icons has been imprisoned.

Experts in 99bitcoinsIt is known for the acute encryption analysis, praised the capabilities of Solaxy – claiming that it might explode after it is narrated on DeX.

They also highlighted the increasing presence X (twitter) and cable.

While the PI network is struggling with confidence issues, investors seem to choose the distinctive SOLX instead.

The question now is whether Sloalai can fulfill his promises and turn the ecosystem of Solana forever.

Visit Solaxy Presale

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