Solaxy has recently launched as a layer 2 solution for the Solana blockchain ecosystem, aiming to address the network's congestion issues.
Solaxy's layer 2 solution processes transactions off the main Solana network, reducing the load on the chain and enhancing scalability.
The platform promises zero downtime and aims to exceed Solana's theoretical capacity of 6,500 transactions per second.
Solaxy also focuses on supporting the launch and management of memecoins, which have seen significant growth in the market.
The presale of Solaxy's native token, SOLX, offers participants the opportunity to acquire tokens at a fixed price before they are available on exchanges.
The project has a total supply of 138,046,000,000 SOLX tokens, with allocations for community rewards, exchange listings, ecosystem development, marketing, and operational expenses.
Solaxy's success in the presale reflects the growing recognition of the need for scalable solutions in the Solana ecosystem.
The project aims to improve user experience and unlock new high-volume applications.
Stakeholders are encouraged to stay informed through official channels to not miss out on this promising opportunity.