{"id":155849,"date":"2025-04-30T16:03:35","date_gmt":"2025-04-30T13:03:35","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=155849"},"modified":"2025-04-30T16:05:44","modified_gmt":"2025-04-30T13:05:44","slug":"solaxy-hits-32-million-milestone-time-to-ride-the-solana-l2-wave","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/solaxy-hits-32-million-milestone-time-to-ride-the-solana-l2-wave\/","title":{"rendered":"Solaxy Hits $32 Million Milestone \u2014 Time to Ride the Solana L2 Wave?"},"content":{"rendered":"

With Solana back to $150 and Bitcoin inching closer to the $100,000 mark, investor excitement continues to build. Markets are buzzing, liquidity is flowing, and capital is once again chasing the next wave of innovation through risk-on investments.<\/p>\n

Solaxy<\/a>, a first-of-its-kind Layer-2 built on and for the Solana blockchain, managed to stand out from the rest. The project managed to raise over $32 million in its presale, showing significant interest from investors who see potential in this ambitious new platform.<\/p>\n

With early buyers rushing into the presale and staking rewards available even before launch, Solaxy appears poised to capture both speculative interest and long-term adoption.<\/p>\n

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Fixing Solana Core Scalability Issues<\/h2>\n

Solana has established a reputation as one of the fastest blockchains, processing over 4,000 transactions per second (TPS)<\/a>, but it hasn\u2019t been without its flaws. Network congestion, intermittent downtime, and failed transactions have shaken user trust.<\/p>\n

Solaxy<\/a> aims to tackle these head-on. As the first-ever Layer-2 solution for Solana, it introduces a rollup-based architecture designed to streamline performance and eliminate the most persistent issues. It aims to remove congestion by bundling and executing transactions off-chain and then settling them securely on the Solana mainnet. This helps prevent traffic jams, especially during high-demand periods when traditional Solana dApps might falter.<\/p>\n

More importantly, it reduces the rate of failed transactions, a key frustration for developers and users alike. For an ecosystem that thrives on speed, these upgrades could make a meaningful difference in maintaining momentum during this bull cycle.<\/p>\n

Due to its use case, Borch Crypto, a popular YouTube channel, believes Solaxy can achieve a 50x return.<\/p>\n