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Solaxy ($SOLX) has barreled past $20 million in funds raised just two months after its presale launch. The first Layer-2 solution on Solana has surpassed this funding milestone, following a series of announcements on X detailing the developer upgrades that demonstrate how Solaxy is building a more scalable and interconnected blockchain ecosystem, enhancing speed, security, and seamless interaction across various blockchains. These developments, even before the official launch, strongly indicate the project’s serious approach to addressing the persistent challenges faced by its Layer-1 chain. This is why the project has raised over $2.4 million in just the last week, putting its daily run rate at $350,000. Investors can still participate in the current presale stage, which offers $SOLX tokens at $0.0011632, with approximately 15 hours left. A Solana ETF And More Trump Meme Coins Might Boost The SOL Price Solana’s price has been roc...

1inch Network is the latest decentralized Finance protocol to deploy on Ethereum layer-2 scaling platform zkSync Era. Decentralized finance (DeFi) protocol 1inch has deployed its aggregation and limit order protocols on Ethereum layer-2 scaling solution zkSync Era to tap into faster and cheaper transactions. 1inch Network is the latest of a host of Ethereum-based platform s and services to deploy on the zero-knowledge proof (zk-proof) based scaling platform . Uniswap, SushiSwap, Maker and Curve Finance have also launched on the zk-proof roll-up zkSync Era. 1inch Network co-founder Sergej Kunz highlighted the promise of the layer-2 solution as his platform joins a handful of first-movers to integrate with the zk-proof powered protocol: “As zkSync Era gains steam, 1inch users will benefit from faster and cheaper transactions.” A statement from Matter Labs CEO Alex Gluchowski, who heads up the zkSync development firm, notes that DeFi protocols have been a major factor in the uptake o...