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Nollars Network Layer-2 To Fix Solana Memecoin Trading Errors

By Manisha Mishra

Last Updated: Jan 23, 2025

Fact checked

By Shraddha

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What is Nollars Network?
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Disclaimer

Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

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 being 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, after the completion of its token presale.

The project was dubbed “Solana Killer” in the fundamental stages but is not aiming 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. It will allow Solana (SOL) and SPL tokens to be swapped seamlessly 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 at the time of trade. The receiver of the crypto won’t lose money as they wait either. 

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 is able to be swapped on the network.

And all of these transactions will be facilitated through $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 at a price of $0.83 in its debut.

The Layer-2 network will not be the only feature within Nola Network’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 to increase buying pressure and increase its value. The total token supply coupled with long-term utility is part of the reason for recent positive price forecasts.

Very few tokens become as popular as Nollars Network and this has many investors flocking to what may be one of the best token presales of January 2025 to invest

The Initial Coin Offering is a few tokens short of reaching the 90,000 presales milestone. Investors can invest in NOLA with Ethereum (ETH), Tether (USDT), or even a credit card.

The $NOLA token is currently being offered 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.

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