While the entire crypto market has fallen an additional 4.3% overnight, AERGO crypto has blasted nearly 20%. It is going against the current market conditions in doing so.
AERGO is a hybrid blockchain platform built on top of Ethereum, and its recent price increase can be put down to the project migrating to a scalable Layer-2, named House Party Protocol (HPP).
The HPP Testnet is live.
Build with purpose. Scale with reason.
Powered by #ArbitrumNitro.This is an enterprise-grade foundation for composable intelligence and verifiable on-chain logic.https://t.co/GUi1dowxmd pic.twitter.com/dluEEPJHPf
— Aergo (HPP) (@aergo_io) June 18, 2025
AERGO Crypto Transition To HPP Happening In Stages Over The Next 12 Months
The reason for the AERGO crypto price surge can be put down to the project just recently launching the testnet for its upcoming transition to an AI-based Layer-2 protocol, named House Party Protocol.
AERGO has been around since late 2018. It’s a true OG in the crypto space, and this recent pivot to becoming an AI-backed L2, built on Arbitrum Nitro. The AERGO crypto token will be migrated to a new ‘HPP’ token by the Hong Kong-based firm.
Via the AERGO website, the team has launched a ‘HPP Live Roadmap’. It’s where interested users can view the live transition from AERGO to HPP, as it happens, over the next 12 months.
The reason behind the transition has been explained by the team as natural innovation within the crypto and emerging AI space. Per the Aergo website, the team states;
“AERGO was built with modularity in mind: public/private chain flexibility, middleware integration, and compatibility with enterprise infrastructure. But as the industry matures, modular systems alone aren’t enough. They often lead to fragmented user experiences, scattered liquidity, and weak ecosystem stickiness.
The transition from AERGO to House Party Protocol (HPP) is more than a rebrand — it’s a shift toward a full-stack, vertically integrated blockchain ecosystem that unifies infrastructure, applications, and AI-services.”
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The EVM (Ethereum Virtual Machine) L2 ecosystem is a lucrative industry. CoinGecko valuing the sector at a combined $12 billion, with Mantle (MNT), Matic (POL), Arbitrum (ARB), and Optimism (OP), accounting for around $6.2 billion of that number.
With the technological advancements that AERGO crypto are bringing to the table with its migration to HPP. It will be hoping to become one of the big players within the Ethereum L2 space.
Per the Aergo website, the team state that HPP is being built on top of Arbitrum’s Nitro stack. This is in order to “deliver a scalable, high-performance Layer 2 environment tailored for AI and data-driven applications,” before going on to say that “Arbitrum offers unmatched developer tooling, low fees, and robust throughput. HPP inherits the composability and credibility of a battle-tested infrastructure.”
The HPP Testnet went live on June 18, and the official AERGO crypto account is now teasing a big announcement for June 27. Just six days from now. It remains to be seen whether HPP will be able to hang with the big boys. However, Solaxy (SOLX) will not have that problem as the first-ever L2 built on Solana.
BONUS: While HPP Is Entering A Saturated Market, Solaxy (SOLX) Has a First Mover Advantage In The Solana L2 Space
Solaxy (SOLX) has just hit an incredible $56 million in early-stage funding as the SOLX presale counts down to just 2 days before it comes to a close, making it one of the most successful presales in 2025.
While AERGO crypto is migrating to HPP in order to build yet another Ethereum-based L2 protocol, SOLX is entering the Solana L2 space, a completely untapped market, giving Solaxy first-mover advantage as a result.
Solaxy is the first-ever Layer-2 protocol built on Solana. It has a first mover advantage in a space that is valued at over $12 billion, per CoinGecko. While the majority of other L2s are built on Ethereum’s infrastructure, Solaxy is the first to take advantage of the speeds and low cost of fees on Solana.
The team at Solaxy is using its revolutionary L2 technology to build a full ecosystem of products. It let users have an all-in-one suite of tools for their on-chain adventures.
To date, the team have announced a token launchpad, an in-house DEX, a bridge allowing traders to bridge from Ethereum or Solana, to Solaxy. Also, a token launchpad, named the Igniter protocol, has been developed to compete with Pump.fun. Traders will be able to graduate their Igniter tokens onto the Neptoon DEX and see it flourish. It potentially creating the first 1000x play on Solaxy.
(SOURCE)
The team recently published the full release schedule for Solaxy. SOLX token claims start on June 23, the same date the bridge goes live. Then, staking unlocks take place a week later, on June 30.
Other notable dates are the mainnet launch on July 7 and the DEX launch on July 14. Finally, the token launchpad will be released on July 21.
For the best experience purchasing SOLX, use Best Wallet when prompted to connect a wallet on the Solaxy presale website. It is the recommended noncustodial Web3 wallet with full presale integration and multichain support.
Follow Solaxy on Telegram and X for all the latest project updates.
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AERGO crypto blasts 20% overnight due to upcoming token migration
- AERGO is transitioning to House Party Protocol, with a new HPP token – a new AI-based L2 protocol
- HPP will be an EVM L2, built on Arbitrum’s Nitro stack
- HPP will be entering a competitive Ethereum-based L2 sector, currently valued at over $12 billion
- Solaxy (SOLX) hits $56m in presale funding with just 2 days to go as it enters an untapped market as the first ever L2 on Solana
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