{"id":25218,"date":"2025-05-05T14:01:37","date_gmt":"2025-05-05T14:01:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25218"},"modified":"2025-05-05T14:01:37","modified_gmt":"2025-05-05T14:01:37","slug":"33m-solaxy-presale-could-fix-critical-solana-blockchain-issues","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25218","title":{"rendered":"$33M Solaxy Presale Could Fix Critical Solana Blockchain Issues"},"content":{"rendered":"
\n

After critical issues with the Solana blockchain let an unknown hacker exploit a zero-day vulnerability and mint and withdraw tokens from other users\u2019 accounts, Solaxy\u2019s layer 2 solution makes more sense than ever.<\/p>\n

Solana devs identified the vulnerability on April 16, 2025<\/a>, and explained it as a bug:<\/p>\n

\"Solana<\/p>\n

According to the analysts, it took significant expertise to exploit the bug, which means the attackers possessed serious know-how and skills.<\/p>\n

Could Solana\u2019s Problem Plague Other Blockchains?<\/h2>\n

Following the breach, Ethereum and even Bitcoin came under scrutiny, with some suggesting that other blockchains may contain the same hidden problem.\"AnatolyAfter Curve Finance contributor highlighted this issue in an X post<\/a>, for example, Solana LABS CEO, Anatoly Yakovenko, responded by pointing to similarities with the Ethereum network.<\/p>\n

However, the concerns seem unwarranted. As one Ethereum community member, Ryan Berckmans, pointed out, \u2018only Ethereum provides institutional grade risk minimization.\u2019<\/p>\n

How is Solana Tackling the Issue?<\/p>\n

Solana believes the upcoming 2025 Firedancer upgrade may present a solution, as the third-party validator is supposed to improve Solana\u2019s efficiency and sturdiness.<\/p>\n

Jump Crypto, the Web3 company behind Firedancer, showcased it during Solana\u2019s Breakpoint 2022<\/a>, and proved it can process over one million Transactions Per Second (TPS) compared to Solana\u2019s 50,000.<\/p>\n

The client\u2019s live testnet launched in October, 2023<\/a>.<\/p>\n

However, the same Berckmans fires back that Firedancer <\/a>can\u2019t fulfill Solana\u2019s need for client diversity on its own; you need three clients for that:<\/p>\n

\"Berckmans\u2019<\/p>\n

This is where Solaxy ($SOLX) enters the picture.<\/p>\n

Solaxy ($SOLX) \u2013 Improving Solana\u2019s Ecosystem with Lower Fees and More Network Stability<\/h2>\n

Solaxy ($SOLX)<\/a> is Solana\u2019s first Layer 2 that aims to upgrade the network for lower fees, faster transactions, reduced downtime, and improved overall network stability.<\/p>\n

Solaxy is a targeted solution to Solana\u2019s most pressing issues. In particular, those related to congestion, poor performance, delays, and even failed transactions.<\/p>\n

\"Solaxy<\/p>\n

By introducing infinite scalability, off-chain execution, and transaction bundling, Solaxy aims to launch Solana to new heights.<\/p>\n

To that end, the new Layer 2 constantly improves, with the devs posting regular updates and upgrades. The most recent announcement is that April 19 will see the release of the new Solaxy Block Explorer.<\/p>\n

Solaxy is one of the best presales to invest in right now<\/a>, having accumulated over $33M so far, with $SOLX now valued at $0.001714.<\/p>\n

The presale offers a dynamic APY of 121%, and the staking pool currently sits at an impressive 9.5B, highlighting significant investor trust and interest in the project.<\/p>\n

As one of the newest meme coins<\/a> on the block, $SOLX comes with multiple utility layers to transform Solana\u2019s on and off-chain functionality.<\/p>\n

And with Solana being the third-biggest crypto, despite its issues, this could be one of the best altcoins<\/a> today, showcasing a lot of growth potential.<\/p>\n

Since $SOLX is still in presale, joining the bandwagon now guarantees positive ROI, at the very least until the presale ends. And, given Solaxy\u2019s solid utility and well-developed roadmap, as stated in its whitepaper, <\/a>potentially long after.\u00a0<\/p>\n

If you\u2019re interested in the presale, check our \u2018how to buy $SOLX<\/a>\u2019 guide and read our price prediction<\/a> to better understand the project\u2019s potential.<\/p>\n

Is the Solaxy Presale the Answer to Solana\u2019s Problems?<\/h2>\n

To be clear, Solaxy will improve Solana\u2019s speed and transaction efficiency, but can it also solve the network\u2019s security issues? It\u2019s not unreasonable, given Solaxy\u2019s advanced and constantly upgrading protocol.<\/p>\n

While we wait to see what happens, remember that this is not financial advice. The crypto market is always volatile and unpredictable.<\/p>\n

So, DYOR (do your own research) and only invest what you\u2019re comfortable losing.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

After critical issues with the Solana blockchain let an unknown hacker exploit a zero-day vulnerability and mint and withdraw tokens from other users\u2019 accounts, Solaxy\u2019s layer 2 solution makes more sense than ever. Solana devs identified the vulnerability on April 16, 2025, and explained it as a bug: According to the analysts, it took significant […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-25218","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25218"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25218\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}