Solana, known for its speed and efficiency, recently faced a significant challenge: network congestion. Traders experienced bandwidth issues, with as much as a half-hour delay between transaction clearance. This development highlights the need for a robust solution to take the load off the peak demand. Enter Solaxy, a new Layer-2...
Solana's been the it blockchain, right? Fast, cheap... until it wasn't. Meme coin mania clogged the arteries, transactions stalled – and lo and behold – suddenly everyone started claiming that scalability was important. That’s where Solaxy comes in, aiming for a less bumpy trip by moving some of the burden...
The world of cryptocurrency moves quickly. New projects are launching and the regulatory landscape is changing every day. To beat the competition, investors today are always chasing tomorrow’s biggest opportunity. Solaxy ($SOLX) has been creating a lot of excitement lately and is considered one of the top candidates for explosive...
Solaxy, a Layer 2 solution for Solana, is rapidly gaining prominence as it addresses the network's scalability challenges and aligns with the Securities and Exchange Commission's (SEC) vision for a tokenized capital market. With Solana experiencing significant growth, including an $88 billion valuation, 82 million active users, and $20 billion...
Within a few years’ time, Solana has cemented itself as one of the top blockchains out there. It’s well known for high throughput and ultra cheap transactions. It has run into trouble, most notably with network congestion at busy times. With Ethereum getting clobbered by high transaction fees, a new...
Solana. We love it, we hate it. Right now, we tolerate it. We were dazzled by the potential for near-infinite scale, instantaneous transactions at virtually no marginal cost. The picture on the ground has been mixed, at best. Congestion? Check. Skyrocketing gas fees on Ethereum when demand spikes for NFT...
Enter Fatima, a single mother from Nigeria unable to remit money back home due to high fees from her minimum wage earning job in London. The fees are financially crippling, the exchange rates downright predatory. Old world finance a gilded cage that she’s unable to break free from. This is...
Solana—a blockchain widely praised for its speed and efficiency—has shown a palpable commitment to earning its place in the broader blockchain ecosystem. With the rise of new projects promising even greater scalability, it's fair to ask: Is Solana keeping up? Enter Solaxy, a Layer 2 solution that’s already creating a...
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...
The SOLX presale is coming to a close, exchange listings are on the horizon, and the SOLX hype machine is already warming up. MEXC Global, BitMart and Raydium all live on the launchpad, with rumors of Tier-1 exchanges taking off just over the horizon. Avoid jumping head first into what...
