With Solana rolling out transformative updates to its core protocol, Layer-2 project Solaxy is gaining attention for its ambitious plan to solve congestion and scalability and reshape the network’s future.
Solana’s development trajectory in 2025 has been marked by a mix of promise and growing pains. It began with the much-anticipated launch of Firedancer, a new validator client developed by Jump Crypto, designed to drastically boost throughput with an eventual goal of achieving 1 million transactions per second (TPS).
However, Firedancer’s initial implementation – dubbed “Frankendancer” – has so far fallen short of expectations. Since its March 25 release, internal reports suggest only around 5% of Solana stake has transitioned to the new client. Despite the limited uptake, the narrative is quickly shifting thanks to a bold announcement made at the Solana Accelerate conference.
Roger Wattenhofer, Head of Research at Anza, introduced a new consensus protocol called Alpenglow. According to Wattenhofer, the upgrade will be the most significant change to Solana’s protocol to date. By replacing legacy systems like TowerBFT and Proof-of-History with a new mechanism called Votor, Alpenglow is expected to drastically reduce latency – from an average of 12.8 seconds to just 150 milliseconds, with some blocks finalising in as little as 100 ms.
The impact of these updates is already being felt in the market. Solana-based meme coins like $MOODENG and $MEW, both newly listed on Robinhood, are experiencing rapid price spikes, but it’s not just meme coins that are seeing a resurgence. Attention is turning to Solaxy ($SOLX), the first Layer-2 solution on Solana, which is drawing investor interest as a potential catalyst for the network’s broader revival.
Solaxy and the Layer-2 Opportunity
Solaxy is a purpose-built Layer-2 protocol designed to address one of Solana’s most persistent weaknesses – network congestion and transaction failures during peak usage. With Solana’s upgrades still in transition, Solaxy offers a complementary solution that offloads computational demand, providing faster, cheaper, and more reliable infrastructure.
This approach is already resonating with investors. Solaxy has raised an impressive $42 million during its ongoing presale. The token, currently priced at $0.001738, is gaining momentum as its final presale days approach.
Solaxy isn’t pitching itself as a rival to Solana, but as a reinforcement. Its off-chain execution model is designed to maintain zero downtime even during Solana’s most volatile periods. By acting as a performance buffer and expansion layer, Solaxy could provide the operational stability Solana has long struggled to maintain.
Real Tools, Real Usage
One of the key distinctions setting Solaxy apart from typical presale projects is its functional infrastructure. The team has already launched a block explorer and a live cross-chain bridge that connects Solana with Ethereum’s Devnet. These tools provide early proof of concept for Solaxy’s utility, giving investors more than just a roadmap – they’re seeing actual product rollouts.
The bridge supports interoperability and paves the way for cross-chain applications, positioning Solaxy as a central hub for developers looking to build in a scalable, low-cost environment on Solana.
The project’s roadmap also hints at broader ambitions. Future developments include a growing suite of DeFi applications and a token creation engine designed to turbocharge on-chain activity.
Igniter Protocol and Native DEX Power Solaxy Ecosystem
At the heart of Solaxy’s next phase is the Igniter Protocol. This feature enables $SOLX holders to create and launch their own tokens directly on the Solaxy network. It lowers the barrier to entry for new projects and allows for rapid iteration, much like Solana’s own recent surge in meme coin creation.
Once tokens are launched via Igniter, they are automatically listed on Solaxy’s native decentralised exchange (DEX), providing immediate liquidity and a seamless user experience. The DEX serves as the trading backbone of the Solaxy ecosystem, reinforcing its role as a full-stack platform for developers and retail users alike.
Importantly, this is not just theory. Both Igniter and the DEX are already live, offering functionality far beyond what most presale-stage projects can demonstrate. Together, these tools signal that Solaxy is not only building fast but building smart – delivering components that work now, not just in the future.
Solana’s Upgrades Set the Stage
Solana’s structural improvements, from Firedancer to the upcoming Alpenglow protocol, are laying the groundwork for a more resilient Layer 1, but Solaxy is staking its future on a thesis that many in the crypto space agree with: no Layer 1 can scale effectively without support from Layer-2 solutions.
By dovetailing with Solana’s ecosystem rather than competing against it, Solaxy is well-positioned to benefit from any uptick in Solana usage that comes with the successful rollout of Firedancer and Alpenglow.
SOLANA’S LAYER 2 SOLAXY IS GOING LIVE SOON – DON’T MISS OUT
Furthermore, the timing couldn’t be better. Solana’s active development cycle is pushing the boundaries of speed and efficiency, while Solaxy’s final presale window is creating urgency for investors eager to get in before broader exposure drives token demand higher.
A Project on Track for Breakout Performance
Solaxy’s strong fundraising numbers, working infrastructure, and live features place it among the most promising early-stage projects currently operating in the Solana ecosystem. It represents a practical solution to real technical challenges and does so while capturing investor imagination with tangible milestones and a fast-moving roadmap.
If Solana is indeed on the brink of a revival, Solaxy may prove to be a critical component of that story – not only helping the network scale, but redefining what’s possible for Layer-2 protocols on high-throughput chains.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.
