Forget About Berachain, Solaxy Fixing Solana’s Congestion Is A Much Bigger Deal

The battle of the protocols is escalating as Berachain launches and Solaxy ($SOLX), the first Solana Layer 2, surges past $18.5 million in presale.

Battle Of The Protocols Heats Up As Berachain Launches, Solaxy ($SOLX) Surges Past $18.5 Million In Presale

While Berachain is a Layer 1 solution that is EVM (Ethereum virtual machine)-compatible, Solaxy is making a different bet – one that solves the congestion problems of the red-hot Solana ecosystem.

Berachain's mainnet launch yesterday coincided with an airdrop to its community of 15.75% of $BERA token supply. The BERA coin quickly dropped in price.

On the other hand, Solaxy runs on top of Solana as a Layer 2 with its central mission to rid the network of the congestion problems.

Prospective buyers can snap up $SOLX today for $0.001628, before the next presale price stage increase in a day’s time.

Solana recently peaked at a record $3.3 billion in weekly trading volume, largely driven by a surge in Trump-themed meme coins.

But success brings its own problems. The launch of Donald Trump’s meme coin, TRUMP, led to a surge in Solana-based trading, causing network congestion and delays.

Perhaps the worst example of the extent of these problems is the up to 21-hour transaction delays experienced by Coinbase users due to Solana network congestion.

Investors are increasingly turning to Solaxy as the most promising solution to these ongoing issues. By processing transactions off the main Layer 1 chain, Solaxy aims to end congestion, lower transaction fees, and speed up processing times – all critical improvements for the network’s scalability.

According to the latest Solaxy dev update, posted on 20 January, the team is making speedy progress with its implementation of ZK proofs optimistic rollup, which refers to the way in which transactions are packaged up before being read back to the main chain.

The Solana community has welcomed this solution, fueling the rapid acquisition of $SOLX tokens since the presale’s launch just over a month ago.

Forget About Berachain, Solaxy Fixing Solana’s Congestion Is A Much Bigger Deal

Although Solana has established its position in the market as the primary launch chain for meme coins, new-gen networks like Bearchain could change those dynamics.

However, Solaxy doesn’t just solve Solana’s congestion problem, it also bolsters the entire ecosystem against challengers from newbies like Berachain.

Also, market watchers should bear in mind that Berachain is focused primarily on DeFi, so its proof of liquidity, while addressing the issue of validator centralization, is probably more of a threat to other EVM-compatible blockchains such as BNB Chain, Avalanche, Polygon, Arbiturm and Tron.

Solaxy’s Layer 2 solution also reduces the number of failed transactions, thereby improving overall network reliability.

When Copilot AI chat was asked about recent network congestion issues on Solana, the No.1 source referenced was Solaxy. That suggests the Solaxy solution is highly visible in the market, and, as we have seen, this is reflected in the growing interest in the presale.

‘American Coins’ Like Solana And Solaxy Are Favored By Trump Administration

Given Solana’s traction, the $SOLX token is likely to witness stellar price growth over the next few months, helped by the US government’s pro-crypto stance.

Solana is seen as an ‘American coin’ which will place it among the top coins the administration will be interested in supporting. A Solana ETF could be coming soon too, and Solana may even feature as a reserve asset alongside bitcoin, should the White House crypto task force allow the Treasury to start stacking crypto.

An exploding Solana price means an exploding Solaxy token price. There probably is no better way of gaining exposure to the Solana ecosystem. While Solana could soar to a price of $500, the upside for Solaxy is even greater.

Gains of anywhere between 10x and 100x are not outlandish for this revolutionary Layer 2 solution.

To take part in Solaxy’s presale and secure $SOLX tokens, visit the Solaxy website and connect your wallet – Best Wallet is an ideal choice.

Because of its multichain compatibility, Best Wallet is the perfect choice for buying $SOLX, as the token is available on both Ethereum and Solana networks.

For Best Wallet users, purchasing $SOLX is a streamlined process and can be effected directly within the app. Following a recent Best Wallet app upgrade, users can now manage all their presale purchases, claims and gas fees all in one place.

Join the Solaxy community today on X (66.2k followers) and Telegram (5.8k subscribers).

Visit Solaxy’s website today.