Solaxy Whitepaper: The Future of Solana Layer 2 Blockchain

Solaxy Whitepaper: Unlocking the Full Potential of Solana

Solaxy is about to change Solana forever. It’s the brand new Solana Layer 2 blockchain with light speed, unmatched scalability, and purpose-built customizations. Solaxy doesn’t just build on Solana, it unlocks its full potential. 

As the native token of the Solaxy Layer-2 network, $SOLX fuels the revolution. A future-focused solution for the next wave of blockchain adoption.

The project offers more than just humour; it blends playfulness with purpose and intellect with innovation.

Solaxy aims blockchain efficiency, with a primary focus on the Solana ecosystem.

Solana is among the fastest blockchains, handling a mean of more than 4,500 transactions per second (TPS). That is also the reason why most crypto projects and meme coins opt to go live on Solana, with thousands of new meme coins being issued every day.

With an average of more than 4,500 transactions per second (TPS), Solana is among the quickest blockchains. Thousands of new meme coins are launched every day, which is another reason why a lot of cryptocurrency projects and meme coins choose to debut on Solana.

The newest development in blockchain technology, Solaxy, is intended to maximize the Solana ecosystem's potential. Discover unparalleled scalability and a network that is future-proof and designed to expand Solana's possibilities. 

Challenges faced by Solana

US President Donald Trump launched his OFFICIAL TRUMP ($TRUMP) meme coin on Solana, followed just days later by Melania Trump ($MELANIA) meme coin launch.   

These high-profile token launches caused high network congestion, and typical Solana users experienced multiple failed transactions. Simple token swaps, depositing or withdrawing funds from DeFi platforms, and interacting with Web3 games on Solana became tedious.

Solution as Solaxy

Solaxy addresses these limitations with the addition of a Layer 2 blockchain that is developed on rollup architecture. This process increases the speed of transactions, scalability, and reliability without affecting the security and efficiency of Solana's Layer 1 architecture.

Network congestion, which previously caused slowdowns and service interruptions, will be minimized. The platform guarantees reliable transaction processing even during peak times, eliminating the frustration of failed transactions.

Key Features of Solaxy

• Platforms for meme coins and micro-transactions

• Gaming ecosystems requiring real-time interactions

• Low Fees optimized transaction bundling reduces user costs while maintaining performance

• Staking Rewards are available during and post-presale,encouraging network participation and enhancing security.

Steps to Buy Tokens

01. Get Wallet and connect the wallet to hold your $SOLX.

02. Add Crypto If you're looking to swap crypto for $SOLX, you're going to need some! Use your desired exchange for that, or if paying by card, simply select that option.  

03. Staking You can choose to stake your tokens during the presale. 

Total Supply 

The total public supply of $SOLX is set at 138,046,000,000 tokens, ensuring huge availability to support the growth and sustainability of the Solaxy ecosystem. 

Presale Structure 

Price Strategy: The presale adopts an incremental pricing model, rewarding early participants with lower token prices and extended staking reward opportunities. 

Stages: $SOLX will be sold through multiple presale stages before public release.

Private Presales: No private presale rounds are conducted, ensuring a transparent and inclusive sale process.

Presale $SOLX

The exact duration of the presale is yet to be announced.

Participants can purchase $SOLX using:

Ethereum (ERC-20), 

USDT (ERC-20 and BEP-20) 

BNB (BEP-20) 

Credit cards

SOLX Token

The $SOLX presale allows early investors to buy tokens at a discounted price of $0.001652, with a price increase happening in less than 24 hours. Additionally, presale participants can stake their tokens for a dynamic APY of 173%, earning more $SOLX tokens while waiting for the presale to end. This model offers early backers the best deal.

Ticker : $SOLX

Industry : Solana Layer 2

Founded : 2024

Blockchain : Solana

Total Supply :138,046,000,000

Current 1 SOLX = $0.001652

Total Supply: 138,046,000,000

USDT Raised: $24,828,933.31 / $25,372,27

Utility Token: $SOLX Purpose and Utility

The $SOLX token acts as the foundation of the Solaxy ecosystem, allowing interactions to function fluidly and stimulating network contribution.

Transactions: Facilitating low-cost, high-speed transactions within the ecosystem Staking: Supporting network security and earning rewards.

Development: Empowering developers to build and operate decentralized applications.

Solaxy Tokenomics

The total public supply of $SOLX is set at 138,046,000,000 tokens, ensuring ample availability to support the growth and sustainability of the Solaxy ecosystem. The tokenomics are as follows:

Treasury holds 20% of the project's treasury, held in reserve.  

Marketing holds 15%  Marketing funds used to spread the word throughout the Solaxy.  

Reward holds 25% Solaxy early supporters get rewarded heavily for their participation.  

Listings holds 10%  A portion of supply is dedicated to the listing of $SOLX on various exchanges 

Development holds 30% A portion of the token supply allocated to the development of the ever-expanding ecosystem. 

Solaxy Roadmap

Phase 1: Foundation  Launch of the $SOLX presale. Introduction of staking incentives to reward early participants. Building community engagement through targeted outreach. 

Phase 2: Expansion Token Generation Event (TGE) to distribute $SOLXListing on centralized and decentralized exchanges (CEX/DEX) to improve accessibility.

Promoting active community participation to drive adoption. 

Phase 3: Full arrangement of the Solaxy Layer 2 blockchain. Onboarding of high-transaction dApps and enabling multi-chain integrations. Rollout of advanced scalability features to further optimize performance.

Technology 

Solaxy is a Layer 2 scaling solution built on Solana. Solaxy processes transactions off-chain and bundles them into single, optimized batches for on-chain validation, significantly reducing congestion.

Developers gain flexibility with plug and-play components tailored for diverse use cases, from meme coins to custom financial systems.

Ensures faster transaction speeds and enhanced scalability without compromising security.

Security

The $SOLX smart contracts have been thoroughly audited by Coinsult, ensuring the highest standards of security and reliability. This comprehensive review guarantees that the Solaxy ecosystem is safe, transparent, and robust, giving participants confidence in the project.

Conclusion

Buying $SOLX today is more than just buying a new cryptocurrency. It is about securing a spot in the future of Solana Layer 2 solutions. The token’s utility also makes it a long-term option. If you need a new cryptocurrency to invest in, this should be it. 

Solaxy is the next evolution in blockchain technology, designed to unlock the full potential of the Solana ecosystem. Experience unmatched scalability and a future-proof network built to redefine Solana's capabilities.

Solaxy is giving better competition among the crypto market. Every step towards success means Solana can better compete in the blockchain space. With this Layer-2 solution, Solana has a better chance of competing with top players in the smart contract space, not just with scalability. 

Join Solaxy Presale and Community 

Telegram X Website