The goal of Solaxy, the first-ever Solana Layer 2, is to fully realize the potential of one of the quickest cryptocurrency ecosystems.
Network congestion, unsuccessful transactions, and scalability problems are all resolved with Solaxy, which also builds on Solana's fundamental advantages of speed and cheap costs.
As a multichain, $SOLX connects two of the strongest blockchains in the world: Ethereum and Solana.
This allows users can access both Solana's thriving meme coin market and Ethereum's expansive DeFi network in one location.