The Solana network has faced scaling challenges, and new solutions like Solaxy L2 aim to address these issues.
Overview of Solana's Scaling
Solana gained popularity in the blockchain world due to its high transaction speed and minimal fees. However, the rise of DeFi, NFTs, and meme coins has caused network congestion. During peak demand, such as during the TRUMP token surge in early 2025, Solana experienced delays and failures.
Solaxy L2's Role in the Solution
Solaxy L2 is a new Layer-2 technology that may solve Solana's congestion issues. It offers off-chain transaction processing, similar to Ethereum's rollup technology. This reduces validator load and potentially improves network stability.
The $SOLX Ecosystem and Prospects
The $SOLX token is central to Solaxy. By March 2025, the presale had raised $26 million. The $SOLX economic model includes various development and reward pools for participants, which may be attractive to investors.
Solaxy L2 might be a vital step toward overcoming Solana's scaling limitations, but competition and technical risks remain significant.
