Solaxy Presale can solve key security issues for Solana blockchain, now for $33 million
With the critical issues with the Solana blockchain that allow unknown hackers to exploit zero-day vulnerabilities and withdraw tokens from other user accounts, Solaxy Presale’s layer 2 solution makes more sense than ever.
Solana Devs identified the vulnerability on April 16, 2025 and interpreted it as a bug:
According to analysts, leveraging the error requires a lot of expertise, which means the attacker has serious expertise and skills.
Will Solana’s question plague other blockchains?
After the violation, Ethereum and even Bitcoin were under censorship, some of which imply that other blockchains might contain the same hidden issues.
After the curve financing, contributors highlighted the issue in X posts, for example, Solana Labs CEO Anatoly Yakovenko pointed out similarities to the Ethereum network.
However, these concerns seem unnecessary. As Ryan Berckmans, an Ethereum community member, pointed out, “Only Ethereum can provide the minimization of risk at the institutional level.”
How does Solana solve this problem?
Solana believes that the upcoming Firendancer upgrade in 2025 may propose solutions as third-party validators should improve Solana’s efficiency and robustness.
Jump Crypto, the Web3 company behind Figureancer, demonstrated it at Solana’s 2022 breakpoint and proved that it can handle over one million transactions (TPS) per second, compared to Solana’s 50,000.
The customer’s Live Testnet was launched in October 2023.
But the same berckmans to firefighters cannot meet Solana’s demand for customer diversity on their own. You need three clients:
This is where Solaxy ($Solx) enters the picture.
Solaxy ($SOLX) – Improve Solana’s ecosystem with lower fees and more network stability
Solaxy ($SOLX) is Solana’s Layer 2, designed to upgrade the network with lower fees, faster transactions, reduced downtime and improved overall network stability.
Solaxy is the target solution to Solana’s most pressing problem. Especially those related to traffic congestion, poor performance, delays and even transaction failures.
By introducing unlimited scalability, off-chain execution and transaction bundling, Solaxy aims to take Solana to new heights.
To this end, the new layer 2 has been continuously improved, and the developers have released regular updates and upgrades. The latest announcement is the release of the new Solaxy Block Explorer on April 19.
The dynamic APY for pre-sale is 121%, Currently, Sticking Pool’s 9.5B is in an impressive 9.5B, emphasizing the important trust and interest in the project.
As one of the latest meme coins on the block, $solx comes with multiple practical layers to change Solana’s On-Off chain functionality.
Although Solana is the third largest cryptocurrency, despite the problems, this is probably one of the best Altcoins today, showing a lot of growth potential.
If you are interested in pre-sales, check out our “How to Buy $SOLX” guide and read our price forecast to better understand the potential of your project.
Is Solaxy pre-sale the answer to the Solana problem?
It should be clear that Solaxy will improve Solana’s speed and transaction efficiency, but can it also solve the security issues of the network? This is not unreasonable given Solaxy’s advanced and constantly upgraded protocols.
As we wait for what happens, remember that this is not financial advice. The cryptocurrency market is always volatile and unpredictable.
So, dyes (do your own research) only invest in your comfort losses.
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