Less than a year ago, it was reported that a minimum of 75% of Solana (SOL) Network’s transactions were failing. Reddit users chimed in on a post about the topic, confirming various issues, angered at their time wasted in many cases. This caught the eye of mathematician Richart Dedekind, who identified the problem and produced a solution. That ‘fix’ is Nollars Network (NOLA), a layer-2 mainnet that will be released later this year [2025] after the completion of its token presale.
The project was dubbed “Solana Killer” in the fundamental stages but does not aim to stop the layer-1 blockchain or any other mainnet. Instead, the Nollars Network is more like the “Solana Healer.”
Nollars Network’s IES Layer-2 blockchain will open a pathway for the future of cross-chain transactions without lag or failure. Solana (SOL) coins and SPL tokens can be seamlessly swapped for Ethereum (ETH) and ERC-20 tokens.
The network will also allow faster speeds when buying or selling, helping crypto investors get the actual spot price they see during trade. The receiver of the crypto will also not lose money as they wait.
Outside of speed, transaction fees are being lowered as well. Investors will save money by using the Nollars Network IES Layer-2 mainnet when buying, selling, or trading any cryptocurrency that can be swapped on the network.
All of these transactions will be facilitated through the $NOLA, which is the network’s native cryptocurrency. Still in its token presale stage, the coin is being sold for $0.50 before its launch on crypto exchanges in May. It will be listed for $0.83 in its debut.
The Layer-2 network will not be the only feature within NN’s ecosystem. Later this year, Nollars Network will also release a decentralized crypto exchange for all its cross-chain transactions. It is branded the “Noladex.” The official website for it has a ‘coming soon’ page as of now.
The Nollars Network (NOLA) token will boast a low total token supply of 15,000,000 coins. Less than Bitcoin (BTC), the scarcity could work in the cryptocurrency’s favor, increasing buying pressure and increasing its value.
The total token supply coupled with long-term utility is the reason searches on Google for “Nollars” are happening more frequently than those for Shiba Inu (SHIB), Bonk Inu (BONK), Solana (SOL), and other major brands. It’s also why recent price forecasts suggest the $NOLA token could reach as high as US$1300 if it were to get 1.2 million users on its mainnet.
Very few tokens have become as popular as Nollars Network, and this has many investors flocking to what may be the best token presale for January 2025 to invest in.
The Initial Coin Offering is a few tokens short of reaching the 90,000 presales milestone. Investors are trading in Ethereum (ETH) or Tether (USDT) to make crypto purchases, and others are buying the cryptocurrency with a credit card.
The $NOLA token is currently being offered [here]for $0.50 (cents), but this price is set to go up soon. The presale price will rise incrementally over 10 rounds until May. The next price increase will lift the cryptocurrency value by +10% per reports.
Source: https://www.cryptonewsz.com/nollars-network-fixing-solanas-memecoin-trading-issues/