Author: Daisy, ChainCatcher
Solaxy is a new project built on the Solana blockchain, aimed at enabling high-frequency, responsive blockchain applications to run more smoothly. It employs "off-chain processing" and "Rollup" technology to handle transaction steps that would typically need to be completed on the main chain in advance externally, and then submit them collectively, thereby reducing network burden and improving processing speed.
Currently, Solaxy has entered the testing phase and has opened a block explorer, allowing users and developers to view the processes of block generation, transaction packaging, and understand the specific operation of the system.
Unlike some scaling solutions that attempt to bypass the main chain and build a new network independently, Solaxy does not seek to replace Solana but chooses to build on its existing foundation, retaining the original consensus mechanism and network structure. This "enhancement rather than replacement" approach maintains the security of the main chain while providing more room for performance optimization and ecological compatibility.
How does Solaxy work?
Solana has high throughput and low latency characteristics, but against the backdrop of increasing on-chain interaction density, it still faces certain performance limitations in high-concurrency transaction scenarios, manifested as increased transaction failure rates, prolonged confirmation times, and rising network load. These issues pose challenges to the stable operation of complex decentralized applications.
Solaxy proposes a response plan based on Rollup architecture for the above situation. This mechanism processes a large number of transactions off-chain, only submitting state changes to the main chain for verification, thereby alleviating the immediate processing pressure on the main chain and optimizing system processing efficiency and concurrency capability.
Its execution structure consists of off-chain processing units responsible for receiving, sorting, and packaging transactions, and generating validity proofs submitted to the main network for recording. This process combines "state finality" and "data validity" dimensions, designed to balance efficiency and security.
In addition, the Solaxy architecture introduces a modular design, allowing developers to choose and combine execution components based on their needs, suitable for various types of on-chain interaction systems, such as asset issuance platforms, micropayment channels, on-chain game logic, and customized financial protocols. This design helps to expand Solana's application range in high-interaction frequency scenarios.
The project team states that the system is applicable to types of applications with frequent state transitions and high interaction complexity, typically including multi-small payment platforms, on-chain game systems sensitive to response time, and financial simulation protocols involving computation-intensive logic.
Progress and Outlook
As of June 2025, Solaxy's official disclosure indicates a total fundraising amount of $58 million.
The project is currently in the phase of product validation and preliminary deployment progressing simultaneously. The team has not disclosed member information, and the testnet version has a complete execution framework. The system is currently focused on functional testing and ecological integration preparation.
Solaxy adopts a Layer 2 architecture built on the Solana main chain, advancing the transaction processing flow expansion based on off-chain execution and state verification mechanisms, suitable for high-interaction frequency scenarios. Whether this path is applicable for large-scale dApp deployment still requires testing data and subsequent validation support.
(This article is for reference only and does not constitute investment advice.)
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