Solaxy: Layer-2 Solution for Solana's Congestion

user avatar

by Giorgi Kostiuk

2 years ago

Solaxy has caught the interest of the crypto community by offering a Layer-2 solution for Solana's network congestion while achieving impressive presale results.

Solaxy as a Solution for Solana's Congestion

Over the weekend, Solana's network was challenged by increased trading volumes of TRUMP and MELANIA tokens, causing transaction delays and system outages. Solaxy proposes a solution by handling transactions off-chain and bundling them back, reducing congestion and transaction fees significantly.

Solaxy Presale Hits $13 Million

Solaxy continues to draw attention, having raised over $13 million in its presale. Initially launched on Ethereum, the project is now accessible to Solana users, offering $SOLX tokens at $0.00161 each, attracting a large number of investors before moving to the next phase.

Features of Solaxy Ecosystem

Beyond scaling, Solaxy offers an Ethereum bridge, a staking app, and balanced tokenomics. The bridge allows users to access Ethereum's liquidity pools while enjoying Solana's speed. The built-in staking app enables $SOLX holders to earn rewards with annual rates up to 287%.

Solaxy shows potential to solve Solana's scalability issues by offering an innovative Layer-2 solution and achieving stable growth in its presale. Projections for $SOLX remain optimistic.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Binance Expands into Traditional Finance as Mining Pool Closes

As Binance prepares to shut down its mining pool, the exchange is expanding into traditional finance by providing access to over 7,000 US stocks and ETFs for customers outside the United States.

user avatarMiguel Rodriguez

Binance Announces Closure of Mining Pool Services

Binance has announced the closure of its mining pool and related services effective November 10, 2026.

user avatarLuis Flores

AI Researchers Light Up Cigarettes to Signal Confidence in AI's Cancer Cure Potential

AI researchers are smoking cigarettes to signal their confidence in AI's potential to cure cancer.

user avatarArif Mukhtar

Sony's Plan to Discontinue Physical Game Discs Faces Major Backlash

Sony's announcement to stop producing physical game discs by 2028 has led to significant backlash from the gaming community.

user avatarMaria Gutierrez

Vibe Coders Successfully Port PS5 Games to PC with AnyPS5 Project

Vibe coders are making significant strides in porting PlayStation 5 applications to Windows and Linux through their open-source project, AnyPS5, which aims to convert PS5 game executables into programs that can run natively on PCs.

user avatarDavid Robinson

TRON DAO Reports Significant Growth in Q3 2026

TRON DAO highlights significant growth in transaction volume and network activity in its Q3 2026 ecosystem report.

user avatarAndrew Smith

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.