Solaxy’s Layer-2 Testnet Launch: A Game-Changer for Solana’s Scalability and Investor Returns

Solaxy’s Testnet Launch: Enhancing Solana’s Scalability

Solaxy has introduced the first-ever Layer-2 testnet on the Solana blockchain, marking a significant milestone in the quest to improve scalability and transaction efficiency. By using rollup technology, Solaxy processes transactions off-chain and submits them to Solana’s mainnet for final verification, enabling faster and more cost-effective transactions. This move is expected to address Solana’s longstanding network congestion issues and transaction failures that have impacted its scalability.

With the launch of the testnet, users can now bridge SOL from Solana DevNet to Solaxy via a designated bridge, deploy smart contracts using Solana’s toolchain, and explore real-time on-chain activity using the Solaxy Explorer. The successful implementation of this Layer-2 testnet provides a clear solution to scaling issues while preserving Solana’s high throughput and low transaction costs. This development opens the door for a smoother user experience on Solana and establishes Solaxy as a potential leader in blockchain scalability.

Solaxy’s Presale: A Limited-Time Investment Opportunity

The SOLX token presale has rapidly gained momentum, with more than $43 million raised, and just 12 days remaining for investors to participate. The presale offers an exceptional opportunity to get in early at a price of $0.001746, with the token’s value set to increase every two days as the presale nears its conclusion. Investors are eager to participate, with options to purchase SOLX tokens using credit cards or cryptocurrencies through various supported wallets like MetaMask, Best Wallet, and Trust Wallet.

This presale marks an important phase for Solaxy as it moves toward its public launch, and the window for early investors to secure tokens at such a low price is closing fast. Given the anticipated growth of Solaxy’s Layer-2 solution and its roadmap, the presale presents an attractive opportunity for those looking to capitalize on the growing interest in Solana and its scalability solutions.

Tokenomics and Future Developments

Solaxy’s tokenomics are structured to reward early investors and ensure long-term sustainability. Of the total 138 billion SOLX tokens, 30% is allocated for project development, while 25% is set aside for early supporters through staking rewards and other incentives. The staking rewards program offers up to a 92% annual percentage yield, and already, over 12.5 billion tokens have been staked, indicating strong support from the community.

Looking ahead, Solaxy’s roadmap includes the launch of a decentralized exchange (DEX), which will facilitate decentralized trading within the ecosystem, as well as the Igniter Protocol, designed to help users create and launch their own cryptocurrencies. These future developments have the potential to further solidify Solaxy’s position within the Solana ecosystem and attract a broader base of developers and users looking for innovative blockchain solutions.

Solaxy’s Layer-2 testnet launch represents a significant step forward in solving Solana’s scalability issues while providing a robust and efficient platform for decentralized applications. As the SOLX token presale nears its end, investors have a limited time to secure their stake in a project poised to drive significant advancements in blockchain technology. With a solid tokenomics model, high staking rewards, and future plans for a DEX and the Igniter Protocol, Solaxy is set to make a lasting impact on the Solana ecosystem and the wider crypto market.

As Solaxy continues to evolve, it offers a promising opportunity for investors looking to participate in the growth of the Solana blockchain and beyond.