The Solana network faces limitations in throughput, and Solaxy L2 presents a solution to this issue.
Current State of Solana Network
Solana, known for its fast transactions and low fees, has reached its limits during times of high demand. Its practical throughput averages 2,000–4,000 TPS, while the theoretical peak reaches 65,000 TPS under lab conditions. Transaction failure rates can hit 50% due to spam and validator bottlenecks.
What is Solaxy L2?
Solaxy L2 creates an off-chain scaling layer that processes transactions before rolling them up for the mainnet. Utilizing rollup technology, Solaxy reduces validator load while maintaining security. The project is developing a Solana-Ethereum bridge, potentially linking Solana's speed with Ethereum's liquidity.
Market Context and Future Outlook
Solaxy is in its devnet testing phase, with a roadmap that includes completing the presale and listing on exchanges. The project has planned a full-scale L2 mainnet deployment and dApp integration, with a preliminary launch in 2025.
Solaxy L2 could significantly improve Solana's network performance, helping address current scaling issues and strengthening its competitive market position.
