# Solaxy (SOLX)

> Solaxy is a Layer 2 scaling solution built on Solana, designed to enhance the blockchain's efficiency and scalability. By leveraging Solana's proof-of-stake (PoS) consensus mechanism and robust Layer 1 infrastructure, Solaxy introduces cutting-edge innovations for high-transaction decentralized applications (dApps).
Core Technology
• Roll-Up Technology: Solaxy processes transactions off-chain and bundles them into single, optimized batches for on-chain validation, significantly reducing congestion.
• Modular Infrastructure: Developers gain flexibility with plug-and-play components tailored for diverse use cases, from meme coins to custom financial systems.
• Off-Chain Processing: Ensures faster transaction speeds and enhanced scalability without compromising security.
Potential Applications
Solaxy is ideal for high-frequency dApps, including:
• Platforms for meme coins and micro-transactions.
• Gaming ecosystems requiring real-time interactions.
• Custom financial applications prioritizing low latency and cost efficiency.

## Price Data

- **Current Price**: $0.00005684
- **Market Cap**: $4.72M
- **Fully Diluted Valuation**: $4.72M
- **Circulating Supply**: 83.00B SOLX
- **Total Supply**: 83.00B SOLX

## Price Changes

- **24h**: +0.02%
- **30d**: -0.09%
- **90d**: -0.35%
- **365d**: N/A

## Chain Availability

Available on: ethereum

## Resources

- [Website](https://solaxy.io/)
- [Coingecko](https://www.coingecko.com/en/coins/solaxy)
- [Dex.guru](https://dex.guru/token/eth/0xe0b7ad7f8f26e2b00c8b47b5df370f15f90fcf48)

## Links

- [View on Zerion](https://app.zerion.io/tokens/SOLX-5583b871-53b2-4388-804c-d108a8a7f8ac)
- [Trade on Zerion](https://app.zerion.io/tokens/SOLX-5583b871-53b2-4388-804c-d108a8a7f8ac)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset