Next-Gen Layer 2 Built on Solana Nears $30M in ICO
Solaxy is a Layer 2 project built to enhance Solana’s infrastructure by addressing its long-standing congestion and scalability issues.
As global markets rally following former President Trump’s announcement of a 90-day tariff hold, the crypto sector is experiencing strong bullish momentum.
Investors are increasingly turning to established Layer 1 assets like Solana, which has earned its reputation as a blue-chip cryptocurrency.
Despite its remarkable speed and low fees, Solana has struggled with congestion during peak usage — a problem Solaxy directly addresses by offering an efficient Layer 2 solution.
Source – Cryptonews YouTube Channel
