April 20th marked the highly anticipated Bitcoin halving event, which significantly impacted various altcoins across the cryptocurrency industry. Solana (SOL) and Stellar (XLM) are two projects that experienced both positive and negative effects from the halving.

The current market volatility has presented a new opportunity for investors with the impending public launch of Kelexo (KLXO), with many confident in its profit potential post-presale.

Solana (SOL) faced volatility as meme coins experienced significant dumps. The surge in trading volume was attributed to heavy meme coin activity within the ecosystem, with assets like Dogwifhat attracting substantial investments. However, as Bitcoin's halving approached, many of these tokens suffered massive losses, some up to 90%. Network congestion issues also plagued Solana due to the heavy trading activity earlier in the year, particularly with meme coins. However, a recent update resolved this problem, improving transaction efficiency.

Recent events in the Solana meme coin industry highlight the need for caution when trading meme coins, with many crashing barely a month after their public launch, raising doubts about their validity on the Solana ecosystem.

Stellar (XLM) aims to foster adoption by promoting multi-chain synergy. The Stellar Development Foundation's CEO, Denelle Dixon, outlined Stellar's plans for the future at a recent Blockchain event, emphasizing its success with asset tokenization and fiat gateways. Stellar seeks to pilot a new era of Blockchain interoperability, enhancing access to digital assets and improving adoption. Earlier this year, Stellar launched Soroban, a development aimed at attracting more developers to its ecosystem and facilitating the creation of working DeFi solutions. Collaboration with other major blockchains is envisioned for Stellar's future as the Kelexo (KLXO) launch gains momentum.

Investors have shown strong interest in Kelexo's presale, drawn to its innovative lending protocol that connects lenders and borrowers securely and efficiently. Kelexo eliminates the need for intermediaries and prioritizes privacy and security, with no KYC protocol required for registration. The project's presale phase, with a price of $0.05, offers incentives such as account managers, cashback, and interest payouts, attracting new users to participate. Kelexo's perpetually locked liquidity and thoroughly audited protocol provide investors with protection against rug pulls and malicious actions, making it one of the safest and most profitable new projects in the market.