In response to Solana's increasing congestion problems, a new Layer-2 scaling solution called Solaxy (SOLX) is gaining investor interest. The project has raised nearly $3 million in its token presale, offering SOLX tokens at $0.00157 each. Participants can use ETH, USDT, or credit/debit cards for payments and stake their tokens for rewards over three years. Solaxy's smart contract has been audited by Coinsult, ensuring its security. The protocol aims to alleviate Solana's network congestion by processing transactions on a separate Layer-2 network, enhancing transaction throughput. Additionally, Solaxy promotes interoperability between Solana and Ethereum, enabling cross-chain asset transfers. The project's progress and milestones can be tracked through its communication channels. Solaxy's innovative approach has garnered attention for its potential to address Solana's scalability challenges. Read more AI-generated news on: https://app.chaingpt.org/news