Solaxy Launches Layer-2 Testnet on Solana Blockchain Boosting Scalability

Coin WorldWednesday, Jun 4, 2025 3:31 pm ET
3min read

Solaxy has launched the first-ever Layer-2 testnet on the Solana blockchain, a significant milestone aimed at enhancing the network's scalability and transaction efficiency. This Layer-2 solution leverages rollup technology to process transactions off-chain, which are then submitted to Solana’s mainnet for final verification. This approach is designed to address longstanding network congestion issues and transaction failures, thereby improving the overall user experience on the Solana network.

With the testnet launch, users can now bridge

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.

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.

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

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. The Layer-2 solution is designed to handle a higher volume of transactions more efficiently, reducing congestion and lowering transaction fees. This is particularly important for a network like Solana, which is known for its high speed and low fees. By offloading some of the transactional load to the Layer-2 network, Solaxy can help maintain Solana's performance even as the number of users and transactions grows.

The testnet launch is also significant because it marks the beginning of the final presale phase for Solaxy's native token, SOLX. This presale has already raised $44 million, indicating strong investor interest in the project. The presale provides an opportunity for early investors to acquire SOLX tokens at a discounted price, potentially leading to significant returns as the project gains traction and the token's value increases.

Solaxy's approach to scalability is in contrast to other projects that focus on meme coins or speculative investments. Instead, Solaxy is taking a more traditional, infrastructure-first approach, developing a Layer-2 scaling solution that addresses the fundamental challenges of blockchain technology. This focus on infrastructure and scalability could make Solaxy a more stable and reliable investment compared to other projects in the space.

The launch of Solaxy's Layer-2 testnet is a significant development for the Solana ecosystem and the broader blockchain industry. By enhancing scalability and transaction efficiency, Solaxy is positioning itself as a key player in the race to build a more efficient and user-friendly blockchain network. As the testnet progresses and the final presale phase begins, investors and developers will be closely watching to see how Solaxy's Layer-2 solution performs and how it impacts the Solana network.

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