Solaxy, Solana’s first Layer 2 solution, has recently received a lot of attention raising $34.2 million in its presale. The purpose of the initiative is to make Solana an even better and more scalable technology, with increased transaction speeds and fee structures. This latest development goes a long way in addressing some of Solana’s recent growing pains such as extreme congestion and resulting delays.
Revolutionizing Solana's Performance
Solaxy’s event-driven architecture is purpose-built to massively increase throughput without sacrificing Solana’s signature low fees. Those deployments take advantage of off-chain execution and transaction bundling to reduce congestion, lower fees, and decrease amounts of time the network is down. The project is intentionally pitched as the answer to blockchain’s decades-old woes.
Solaxy is specifically designed to tackle the scalability challenges that have widely plagued blockchain technology. To accomplish this, Solaxy utilizes Layer 2 scaling solutions to dramatically increase the amount of transactions they process each second. This robust improvement goes a long way toward alleviating network stress. This upgrade is crucial for powering decentralized applications and fostering mainstream adoption of blockchain technology.
Given the platform’s design, keeping transaction costs as low as possible is imperative to attracting users and developers to the platform. At Solaxy, we’re focused on building an efficient and affordable blockchain experience. By lowering the cost of these fees and reducing downtime, we hope to foster further innovation and development within the Solana ecosystem.
Presale Success and Community Growth
Solaxy’s presale platform accepts crypto and fiat purchases, including via Solana, making it more accessible. Accessibility has always been central to the New Urban Network platform, allowing more users to join the network. Its presale has broken records, with investor demand surging as the token’s launch draws near, signaling strong confidence in the project’s potential.
With each new contributor, the project is creating a bigger, wider, deeper community. This is proof of increasing interest, confidence and trust in the vision shared by its contributors. Solaxy offers a profitable staking program that gives participants a staggering 117% annual reward. This thrilling opportunity entices additional users and further fortifies the network’s safety. This staking program is designed to give users huge incentives to be tremendously active participants in the ecosystem.
Supported by lucrative staking rewards, Solaxy is building a dynamic ecosystem. Investors are lured in by staking’s high annual percentage yield (APY). This incentive creates an additional reason for users to hold and stake their tokens and it further secures the network through the added economic security.
Tokenomics and Future Outlook
Solaxy boasts of healthy tokenomics that ensures the long-term growth and sustainability of the platform. These tokenomics ensure that the platform itself is both sustainable and attractive. They produce a safe romantic and exhilarating race against time for all users. And with the vision they’ve created, Solaxy is shaping up to be one of 2025’s top projects.
This real world blockchain challenge went straight to the source. With its pioneering technology and passionate community backing, it can be set up for future success. As a firm, Solaxy is committed to making transactions more scalable and cost efficient. Its approach to maximize network efficiency makes it a strong contender to lead in the future of blockchain technology. The project’s long-term, holistic strategy is expected to be a major catalyst behind widespread adoption and growth over the next several years.
