Ethereum L2s Doomed But Not Solana’s First L2 – Solaxy Blows Past $42M, 18 Days Left in Presale

Solaxy has raised $42 million in presale as Solana’s first Layer-2, designed for dependable modular performance rather than patching speed limits. Developers say its on-chain composability may avoid the fragmentation critics attribute to Ethereum’s sprawling rollups and bridge complexity.