After the critical problems with the Solana blockchain left an unknown hacker to exploit a zero-day vulnerability and mint and remove tokens from the accounts of other users, the layer 2 solution of the Solaxy presale is more logical than ever.
Solana’s developers identified the vulnerability on April 16, 2025 and explained it as a bug:
According to analysts, significant expertise took to exploit the bug, which means that the attackers had know-how and serious skills.
Could Solana’s problem afflict other blockchains?
After the breach, Ethereum and even Bitcoin have been examined, some suggest that other blockchains may contain the same hidden problem.
After the contributor to the finance of the curve underlined this problem in an X Post, for example, the CEO of Solana Labs, Anatoly Yakovenko, replied by pointing out similarities with the Ethereum network.
However, concerns seem unjustified. As a member of the Ethereum community pointed out, Ryan Berckmans: “only Ethereum provides a minimization of institutional risks”.
How is Solana tackles the problem?
Solana thinks that the next 2025 shooting upgrade could present a solution, because the third -party validator is supposed to improve the efficiency and robustness of Solana.
Jump Crypto, the company web3 behind Firedancer, presented it at Solana’s Breakpoint 2022, and has proven that it can treat more than a million transactions per second (TPS) compared to the 50,000 of Solana.
The customer’s live testnet was launched in October 2023.
However, the same Berckmans resumes that Firedancer cannot respond to Solana itself to the diversity of customers; You need three customers for this:
This is where Solaxy ($ solx) enters the image.
Solaxy ($ Solx) – Improvement of Solana’s ecosystem with lower costs and more stability on the network
Solaxy ($ Solx) is the first layer 2 of Solana which aims to upgrade the network for lower costs, faster transactions, reduction in downtime and overall stability of the improved network.
Solaxy is a targeted solution to Solana’s most urgent problems. In particular, those related to congestion, poor performance, delays and even failed transactions.
By introducing an infinite scalability, an out -of -chain execution and a grouping of transactions, Solaxy aims to launch Solana to new peaks.
To this end, the new layer 2 is constantly improving, developers displaying updates and regular upgrades. The most recent announcement is that April 19 will see the release of the new Explorer Solaxy Block.
The presale offers a dynamic APY of 121%, And the shywood pool is currently an impressive 9.5B, highlighting an important confidence in investors and an interest in the project.
As one of the most recent memes currency on the block, $ Solx comes with several utility layers to transform ON functionality and out of the Solana chain.
And with Solana being the third largest crypto, despite her problems, this could be one of the best altcoins today, with a lot of growth potential.
If you are interested in the presale, consult our “how to buy $ solx” guide and read our price prediction to better understand the potential of the project.
Is Solaxy’s presale the answer to Solana’s problems?
To be clear, Solaxy will improve the speed and efficiency of Solana’s transactions, but can it also solve network safety problems? It is not unreasonable, given the advanced and constantly improved protocol of Solaxy.
Although we were waiting to see what’s going on, remember that it is not financial advice. The cryptography market is always volatile and unpredictable.
So Dyor (do your own research) and only invest what you are comfortable losing.
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