Known for its high speed and low fees, Solana faces scaling challenges. Solaxy L2 proposes a solution to reduce the load on the main network.
Current State of Solana
With the rise of DeFi, NFTs, and meme coins, Solana experiences strains that affect the network's speed and reliability. Events like the TRUMP token surge in early 2025 highlight performance issues.
What is Solaxy L2?
Solaxy L2 is designed to relieve Solana's congestion by offering an off-chain layer for transaction processing. Employing rollup technologies and virtual machines, Solaxy serves as a robust tool for performance optimization.
The $SOLX Token and Its Role
The $SOLX token will power the Solaxy ecosystem. Since the start of the presale, the project has raised $26 million. Its economic model is built for long-term growth.
Solaxy L2 aims to address Solana's current challenges by implementing Layer-2 technologies, yet it must compete with existing projects that are already addressing scaling issues.
