SOLX Hits $5M on Presale, Fixes Solana Congestion With Its L2

Description

Just four days after hitting the $4M milestone, new presale project Solaxy (SOLX) reached $5M. Ten days is an astonishing pace to raise millions in funding. So what’s special about Solaxy? Well, Solaxy is Solana’s first Layer-2 solution that focuses on meme coins. This means Solaxy could resolve Solana’s congestion issues by processing part of transactions off-chain. On top of that, Solaxy bridges Solana with Ethereum. It takes the best of both networks: high liquidity, security, and developer t...