Solaxy Partners with Hyperlane to Enhance Ethereum Integration and Presale Reaches $48M

Solaxy ($SOLX) has announced a collaboration with Hyperlane to enhance cross-chain interactions between blockchains, particularly Solana and Ethereum. This integration aims to simplify and accelerate the bridging process.

Key Developments:

Hyperlane’s modular architecture will enable a new type of bridge for Solana users.
The bridge will improve transaction speed, affordability, and user experience.
Solaxy focuses on addressing Solana's scalability issues and network congestion from high transaction volumes.
The project plans to implement a Layer 2 protocol, offloading transactions to ease pressure on Solana’s main chain.

Additionally, Solaxy will support high-frequency decentralized applications (dApps) across gaming, meme coins, and financial services.

Presale Information:

$SOLX is currently in presale, raising $47.1M so far.
The current token price is $0.001752.

Given its potential, Solaxy aims to significantly impact the DeFi space as it bridges these two major blockchains.