Solaxy
Solaxy is a high-performance, zk-enabled Layer 2 rollup built atop the Solana blockchain. Its mission is to enhance Solana's scalability, speed, and developer experience by executing transactions off-chain while securely settling them on Solana Layer 1.
Time took to raise
150 Days
Solaxy successfully wrapped up its fundraising round in only 150 days, demonstrating the project’s strong appeal and the high level of interest.
Raised Amount
$50,000,000+
Solaxy successfully raised more than $50,000,000+, demonstrating broad appeal and significant confidence in the project.
Networks
ETH, BSC, SOL
Solaxy leverages advanced bridging technology to seamlessly operate across multiple chains.
Category
Meme, Utility
Scalable & Efficient Architecture
Solaxy employs a modular rollup architecture where off-chain execution batches transactions and generates proofs, which are then committed to Solana L1. This approach significantly increases throughput and reduces latency while preserving on-chain trust.
Native Solana Compatibility
The rollup supports the Solana Virtual Machine (SVM) directly within a zero-knowledge virtual machine (SP1 zkVM). Developers can deploy existing Solana programs and utilize familiar tools like solana-cli and @solana/web3.js, with no rewrites needed.
Modular & Cross-Chain Ready
Built using the Sovereign SDK, Solaxy is adaptable, supporting optional data availability layers (e.g., Celestia), flexible sequencing, and interoperable settlement. Its integration with Hyperlane enables seamless bridging among Solana, Solaxy, and Ethereum ecosystems.
Full Ecosystem Suite
Solaxy’s network isn’t just a protocol it includes a robust ecosystem:
Solaxy Wallet: A browser extension optimized for L2 transactions, token management, and dApp interactions
Bridge: Transfers assets across chains
Block Explorer: Provides real time transparency and explorer capabilities
Igniter Launchpad: A built in platform to create and launch tokens natively on the Solaxy rollup
Why It Matters
Combatting Congestion
Solana’s rising popularity has led to performance bottlenecks and occasional transaction failures. Solaxy offers a scalable solution by offloading execution, enabling smooth, low-cost transactions even during peak activity.
Developer-Centric Design
Solaxy lowers the barrier for developers to scale applications—from DeFi platforms to gaming and meme-based projects—without compromising on tooling familiarity or ecosystem trust.
Web3Payments provided:
A custom-built token distribution platform.
Secure transaction processing for supported digital assets.
Multi-chain functionality for user flexibility.
Regulatory-conscious setup in line with applicable guidelines.
Outcome:
The collaboration delivered a seamless, secure, and transparent sale process, helping Solaxy engage a global community and lay the foundation for its long-term sustainability roadmap.
Disclaimer: Web3Payments provides tools and infrastructure for Web3 projects. We do not offer financial, custodial, or investment services. Virtual assets carry significant risks—ensure you fully understand them before engaging.
