Nexchain has crossed a notable milestone, raising more than $13 million, according to an update shared on the project’s official X account. The announcement highlights progress made since the presale began in April 2025, spanning 30 stages so far.
The team credited this achievement to community participation, describing the figure as more than just a funding number. Instead, the post framed it as a sign of growing interest around the project’s long-term vision.
Source: X Account
What the Announcement Confirms
Based on details shared publicly, Nexchain’s presale is currently in Stage 30, with the token price listed at $0.12. The official website also shows a future listing price of $0.30, though this remains a stated target rather than a confirmed outcome.
Key figures shown in public updates include:
The update does not introduce new features or dates. Instead, it focuses on progress, participation, and ongoing development.
Source: official Website
What Nexchain Is Building
It positions itself as an AI-optimized Layer 1 blockchain. According to its published materials, the network aims to support very high transaction throughput, with claims of up to 400,000 transactions per second, alongside low gas fees said to be around $0.001.
It has also shared recent development updates, including the launch of Testnet v2.0. In addition, it states that smart contract audits have been completed by CertiK and SolidProof, which are commonly referenced audit firms in the crypto space.
These updates are intended to signal technical progress, although full mainnet deployment has not yet taken place.
Community Momentum and Public Interest
Online discussion around the platform shows a mix of optimism and caution. Supporters point to the steady growth, testnet updates, and audit mentions as signs that it is actively moving forward.
Some users on X have described the $13 million milestone as “strong momentum” for an early-stage blockchain, especially in a market where many presales struggle to maintain attention over long periods.
Public coverage also suggests that more than 5,000 investors have participated so far, which supporters see as a signal of broad interest rather than reliance on a small group of backers.
Questions Raised by Critics
At the same time, replies and forum posts show ongoing skepticism. Some users have raised concerns about transparency, noting that the project’s website does not clearly list core team members or leadership profiles.
On Reddit and Telegram, a few threads have questioned whether some online profiles being promoted are authentic. Others have asked for clearer proof behind performance claims, such as transaction speed and fee levels, which can only be fully verified after a live mainnet launch.
These discussions reflect common concerns seen across early-stage crypto projects, especially those still in presale or testnet phases.
Why This Update Matters to Readers
For readers, Nexchain news is relevant for several reasons:
The article is not about promoting participation. Instead, it helps readers understand how milestones are presented, how communities respond, and why caution is often discussed alongside progress.
What to Keep in Mind
From a news standpoint, raising funds and sharing updates does not guarantee future performance. Early-stage projects remain subject to execution risk, changing timelines, and market conditions.
While audits and testnets can reduce technical uncertainty, they do not remove all risks. Transparency, delivery, and post-launch behavior often matter more over time than early funding figures.
Closing Note
Nexchain’s $13 million milestone marks a visible moment in its development journey. Whether this momentum translates into long-term network use will depend on how clearly the team delivers on its technical goals and addresses community concerns as the project moves closer to launch.
Disclaimer
This article is for informational purposes only and does not constitute financial advice. Readers are encouraged to conduct their own research before engaging with any crypto project.