Solaxy Steps In to Address Solana's Network Bottlenecks with Layer 2 Solution

Solaxy ($SOLX) offers a real solution to the scalability problems Solana faces. While Solana has fast and low-cost transactions, its rapid adoption has led to network congestion.

2024 was a year of big events in the crypto world. From January’s ETF approvals to Bitcoin’s halving in April and Trump’s win in the U.S. presidential election, these moments turbo-charged Bitcoin’s performance, ultimately leading the asset to cross the $100,000 mark for the first time in history.

After Bitcoin, the rest of the market followed in a domino effect — almost every project on the top 10 crypto charts traded in green as we entered January 2025.

Among them, Solana was one of the best performers, with no major price dips. However, SOL still has a major underlying problem – network congestion.

Occasional slowness and instability of the platform are the major factors that hold it back from reaching an even higher price.

Luckily, a new presale project that just surpassed $8 million in early funding, Solaxy ($SOLX), might have the solution for Solana’s congestion, hidden in its layer-2 technology.

Let’s dig a bit deeper.

Solaxy Steps In to Address Solana’s Network Bottlenecks with Layer 2 Solution

Solaxy ($SOLX) offers a real solution to the scalability problems that Solana faces. While Solana has fast and low-cost transactions, its rapid adoption has led to network congestion.

Solana's network struggled to keep up with the surge of new users, the rapid growth of meme coin trading, and a flood of bots competing for limited capacity.

Around a quarter of Solana transactions fail, with non-vote transactions experiencing failure rates of up to 70% at peak times. This challenge has grown alongside the popularity of meme coins and decentralized applications.

Off-chain transaction processing on a Layer 2 platform allows Solaxy to lighten Solana’s mainnet burden. The explained method bundles transactions for efficiency and securely finalizes them on Solana which allows the system to operate seamlessly even at peak traffic.

Additionally, Solaxy bridges Solana and Ethereum. It combines the strengths of both networks. Developers get access to Ethereum’s liquidity and security and also benefit from Solana’s speed and affordability.

Solaxy Surges Towards $8 Million Milestone In Less Than a Month

Within three days of its presale debut, Solaxy raised over $1 million in funding. By the seventh day, this figure had soared to $4 million and recently marched past $8 million.

This quick growth just proves how much confidence investors have in Solaxy’s next-gen technology.

You can buy $SOLX tokens at $0.001586 each during the current phase, but keep in mind that the prices are going up with each next stage.

Early buyers can even earn profits during the presale, through Solaxy’s robust staking system. So far, over 2.1 billion $SOLX tokens have already been staked, and that number just keeps growing.

You can use ETH, USDT, BNB, or credit/debit cards to purchase tokens via the Solaxy website or through the “Upcoming Tokens” section of the Best Wallet platform.

Security remains a top priority for Solaxy. Blockchain security experts at Coinsult audited the SOLX token and confirmed that the platform is safe and can be trusted.

Solaxy’s token distribution reflects its commitment to transparency, with resources allocated to development, rewards, treasury, marketing, and exchange listings.

With nearly $500,000 brought in daily during its presale, the project has quickly gained recognition as a leading crypto ICO.

This momentum just goes to show that the interest in utility-packed projects that can solve real-world problems is growing.

Solaxy’s Expanding Community Reflects High Interest

Another important aspect of the project is Solaxy’s active community.

Recently, the ICO earned a spot on Best Wallet’s “Upcoming Tokens” portal that points users of that wallet to new, and promising projects.

Hundreds of new users join Solaxy’s Twitter and Telegram channels each day and further enhance its virality.

Crypto influencers are also talking about it. Jacob Crypto Bury, a YouTuber with over 720,000 subscribers recently posted a video where he talks about Solaxy as a next 10X presale.

Conclusion

So, even though brand name cryptos like Solana and Bitcoin may have been under the spotlight recently, that doesn’t necessarily translate to profits – unless you have a couple of $ millions to spare.

Solaxy on the other hand, with its currently low market cap, innovative L2 technology, and huge upside potential, might just have what it takes to earn you massive profits.

This article is sponsored content. All information is provided by the sponsor and Brave New Coin (BNC) does not endorse or assume responsibility for the content presented, which is not part of BNC’s editorial. Investing in crypto assets involves significant risk, including the potential loss