Solaxy, a newly introduced Layer-2 scaling solution for the Solana network, has successfully raised $8.9 million in presale funding. This move is expected to enhance the scalability of Solana by providing faster and more efficient transaction processing.
With this significant capital injection, Solaxy is set to advance its development plans and strengthen its position in the growing Solana ecosystem.
The funding round underscores the ongoing interest and investment in blockchain scalability solutions, highlighting the increasing importance of Layer-2 technologies in the cryptocurrency space.
