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...
Solaxy’s $SOLX token presale is coming to a close with more than 95% of tokens already sold at $0.0085. Not to be outdone, major progress is being made on StratoVM, a Layer-2 protocol. Taken together, these advances promise a world of fully programmable Bitcoin ecosystem. Take StratoVM as an example...
Solana’s remarkable growth and presence in the blockchain arena is impressive, but by no means comes without its controversies. Scalability issues and a lack of network congestion at times have been major sore spots for users and developers as well. Enter Solaxy (SOLX), a new Layer-2 solution built to bridge...
Solaxy, Solana's first Layer 2 solution, is designed to reduce traffic on Solana's mainnet and enhance its existing strengths. The presale is already $32.4 million, with more than 9.2 billion $SOLX tokens staked by investors. This launch is another important step towards enabling Solana to be even more scalable, allowing...
Thirty-two million dollars. Let that sink in. That’s how much capital was poured into Solaxy’s presale, a Layer-2 solution built on top of Solana. A network already famous for its lightning quick speeds and choice of bank-breakingly low transaction fees. It’s a huge vote of confidence… or is it?Solana L2...
