Solana ($SOL) has built a reputation for its high-volume and high-speed transactions, outpacing Ethereum.
Solaxy ($SOLX) is a Layer-2 scaling solution designed to boost transaction speeds on Solana to around 65,000 transactions per second.
Solana's performance has shown significant gains, with an increase of approximately 734,900% from the initial sale price to the all-time high in January.
Solaxy aims to optimize Solana's operational deficiencies and enhance the network's capabilities as a new Layer-2 solution.