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Janover’s $42M Solana Treasury Strategy Could Make Solaxy the Next 1000x Crypto

  • Janover Inc. has raised $42M through convertible bonds to fund its Solana treasury strategy.
  • The company chose $SOL as a treasury asset, showcasing its faith in the Solana network.
  • Janover's strategy could strain the Solana L1 chain, causing issues like lagging transaction times and high fees.
  • Solaxy, a Solana Layer-2 network in development, aims to address Solana's issues and improve transaction speed and cost-effectiveness.

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