2025-03-27
Solaxy is a layer-2 scaling solution
designed to enhance the Solana blockchain's performance by addressing its
scalability challenges.
By processing transactions off-chain
and settling them in batches on Solana's mainnet, Solaxy aims to reduce network
congestion, lower transaction failure rates, and decrease gas fees,
particularly during periods of high trading activity. ​
A notable feature of Solaxy is its
cross-chain interoperability. The project is developing a bridge between Solana
and Ethereum, facilitating seamless asset transfers between the two networks.
This integration combines Solana's
speed with Ethereum's extensive DeFi ecosystem, offering users enhanced
flexibility and access to a broader range of decentralized applications.
The native token of the Solaxy
ecosystem is SOLX, which serves multiple functions, including payment for
transaction fees, participation in governance decisions, and access to staking
rewards.
The ongoing presale of SOLX has garnered significant attention, raising over $28 million as investors anticipate its potential impact on Solana's scalability and efficiency.
Early
participants in the presale have the opportunity to acquire SOLX at discounted
rates before its official exchange listing.
Security is a priority for Solaxy; the
project has undergone a smart contract audit by Coinsult, which confirmed the
absence of major technical vulnerabilities. This proactive measure enhances
transparency and builds investor confidence in the project's reliability.
Solana has
been getting a lot of attention lately, especially from meme coin fans. But
that popularity has caused issues—like network congestion and high fees.
To solve
these problems, a new project called Solaxy (SOLX) is launching. It’s the first
true layer-2 scaling solution for Solana, and it has already raised $28 million
in its presale.
As Solana’s
network gets busier, it struggles to keep up. Solaxy helps by processing
transactions off-chain (outside the main network), then grouping and sending
them back to Solana for final settlement. This makes things faster and reduces
congestion.
Solaxy is
also built for interoperability, it will offer a bridge between Solana and
Ethereum, letting users move assets between the two blockchains easily. That
means Solana users can tap into Ethereum’s large pool of liquidity while
keeping Solana’s speed.
To make sure
it’s safe, Solaxy went through a smart contract audit by Coinsult, which found
no major risks like honeypots.
The SOLX token is in presale now, currently priced at $0.001676, with prices going up in phases. This has led to strong early demand.
Buyers can
also stake their SOLX tokens during the presale. Estimated staking returns
(APYs) are currently 153%, but those will likely drop as more people join in.
Solaxy will
have a total supply of 138 billion SOLX, split across development, staking
rewards, marketing, and more. The team says this setup is built for long-term
growth and liquidity.
The roadmap
includes:
Because of
these plans, platforms like CoinSniper are tracking Solaxy’s progress in their
presale rankings.
Solaxy’s
social media is growing fast—nearly 73,000 followers on X (Twitter) and over 9,600
Telegram members. This shows strong interest from both traders and developers.
Solaxy is
applying a model that worked for Ethereum (like Arbitrum and Optimism) to the Solana
network. If it works, it could offer a faster, more affordable option for users.
​
In conclusion, Solaxy is an attempt to improve
Solana's scalability and interoperability.
