{"id":635938,"date":"2025-03-17T09:36:50","date_gmt":"2025-03-17T09:36:50","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=635938"},"modified":"2025-03-17T18:57:51","modified_gmt":"2025-03-17T18:57:51","slug":"solana-celebrates-5th-birthday-as-growth-fuels-congestion-layer-2-solaxy-steps-in","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/sponsored\/solana-celebrates-5th-birthday-as-growth-fuels-congestion-layer-2-solaxy-steps-in","title":{"rendered":"Solana Celebrates 5th Birthday: As Growth Fuels Congestion, Layer-2 Solaxy Steps In"},"content":{"rendered":"<p>As Solana celebrates its 5th birthday, crypto&rsquo;s 6th biggest blockchain is showing signs of strain.<\/p>\n<p>Its explosive growth has led to congestion issues, putting future development at risk.<\/p>\n<p>But in a timely twist, Solana received an early birthday present: the launch of Solaxy (SOLX), a project that&rsquo;s raised $26.7 million in presale because it&rsquo;s designed to fix these challenges.<\/p>\n<p>Solaxy&rsquo;s Layer 2 scaling solution aims to ease congestion on Solana caused by its surging meme coin activity, including the high-profile launches of the TRUMP and MELANIA coins in January that caused trading volumes to soar.<\/p>\n<p><img decoding=\"async\" class=\"alignnone\" src=\"https:\/\/www.chainalysis.com\/wp-content\/uploads\/2022\/08\/shutterstock-2176242673-scaled-1-1500x970.jpg\" alt=\"Solana\" width=\"1500\" height=\"970\"><\/p>\n<h2><span style=\"font-weight: 400;\">Solana A Victim Of Its Own Success<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Since its launch in 2020, Solana has processed over 408 billion transactions and has facilitated $987 billion in decentralized exchange (DEX) volume. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The network has also grown to more than 1,300 validators.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&ldquo;Happy solana 0 block day to all those who celebrate,&rdquo; Solana co-founder Anatoly Yakovenko said in a March 16 X <\/span><a href=\"https:\/\/x.com\/aeyakovenko\/status\/1901257374188626067\"><span style=\"font-weight: 400;\">post<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Happy 5th birthday Solana fam! &#129395;<\/p>\n<p>408+ billion transactions.<br>1,300+ validators.<br>$987+ billion volume.<\/p>\n<p>Thank you to all the relentless founders, devs, and nCMOs around the globe who have made Solana what it is today &mdash; 5 years in, we're just getting started &#127882; <a href=\"https:\/\/t.co\/p89PynhjpJ\">pic.twitter.com\/p89PynhjpJ<\/a><\/p>\n<p>&mdash; Solana (@solana) <a href=\"https:\/\/twitter.com\/solana\/status\/1901279678620749997?ref_src=twsrc%5Etfw\">March 16, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">But Solana&rsquo;s popularity has come at a cost, with surging congestion levels testing the limits of the blockchain&rsquo;s layer 1 infrastructure.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> As more developers launch thousands of new <\/span><a href=\"https:\/\/insidebitcoins.com\/sponsored\/solana-price-prediction-sol-plunges-5-as-traders-pivot-to-this-26-6m-layer-2-meme-coin-offering-a-153-apy\"><span style=\"font-weight: 400;\">SOL<\/span><\/a><span style=\"font-weight: 400;\">-based meme coins on a daily basis, Solana risks downtime and outages if something does not change soon.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> This is where <\/span><span style=\"font-weight: 400;\">Solaxy<\/span><span style=\"font-weight: 400;\">, with its scaling technologies, comes in.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Solaxy Brings Layer 2 Functionality To The Solana Ecosystem<\/span><\/h2>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/solaxy\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Solaxy<\/span><\/a><span style=\"font-weight: 400;\"> aims to reduce the computational strain meme coins place on Solana&rsquo;s resources. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">One of the ways the project will do this is by taking over a large chunk of the network&rsquo;s transaction processing workload.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Through a layer 2 protocol called rollups, Solaxy will bundle SOL transactions off the layer 1 mainnet and onto its own sidechain. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">After grouping the transactions, Solaxy then submits the batches of transactions back to the Solana blockchain for final validation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Solaxy&rsquo;s approach to transaction processing has been tried and tested within the <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/cboe-proposes-ethereum-etf-staking-amid-continued-outflows\"><span style=\"font-weight: 400;\">Ethereum<\/span><\/a><span style=\"font-weight: 400;\"> ecosystem through solutions like Arbitrum and Optimism, and is a proven way to scale a network.<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-612872\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/12\/Solaxy-Tweet-239x300.png\" alt=\"Solaxy Tweet\" width=\"425\" height=\"533\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/12\/Solaxy-Tweet-239x300.png 239w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/12\/Solaxy-Tweet.png 582w\" sizes=\"(max-width: 425px) 100vw, 425px\"><\/p>\n<p><span style=\"font-weight: 400;\">After reducing congestion on Solana, Solaxy will then bridge the blockchain with the Ethereum network to create the ultimate Web3 ecosystem that is capable of meeting the growing demands of meme coin and decentralized app developers. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">SOLX could potentially even become the primary transaction medium between two of the most prominent networks in the crypto space.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Investors are already betting big on Solaxy, which has raised over $26.7 million since its presale launched in mid-December.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Experts are also bullish on <a href=\"https:\/\/insidebitcoins.com\/visit\/solaxy\" rel=\"nofollow\">SOLX<\/a>. 99Bitcoins, a prominent YouTube channel with over $725K subscribers, says SOLX could soar 100X after its launch.<\/span><\/p>\n<p><iframe title=\"BEST 3 Meme Coins to Buy Now Before 2025?! (New 100X Potential Crypto!?)\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/7usUlycZEUs?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h3><span style=\"font-weight: 400;\">Related Articles:<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/binance-lands-biggest-ever-2-billion-investment-from-abu-dhabi-ai-investor-mgx\"><span style=\"font-weight: 400;\">Binance Lands Biggest Ever Crypto Investment<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/jpmorgan-goldman-sachs-hike-recession-odds-on-extreme-trump-policies-amid-crypto-stock-market-crash\"><span style=\"font-weight: 400;\">JPMorgan, Goldman Sachs Hike Recession Odds<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/candy-digital-sets-to-launch-a-new-nft-collection-next-week\"><span style=\"font-weight: 400;\">Candy Digital Sets To Launch A New NFT Collection<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Best Wallet - Diversify Your Crypto Portfolio<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Our Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 100%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div>\n                                    <\/div><!--\/.col-md-4-->\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img mb-3\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/06\/Best-Wallet.svg\" alt=\"Best Wallet\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>Easy to Use, Feature-Driven Crypto Wallet<\/li>\n                                                                                                    <li>Get Early Access to Upcoming Token ICOs<\/li>\n                                                                                                    <li>Multi-Chain, Multi-Wallet, Non-Custodial<\/li>\n                                                                                                    <li>Now On App Store, Google Play<\/li>\n                                                                                                    <li>Stake To Earn Native Token $BEST<\/li>\n                                                                                                    <li>250,000+ Monthly Active Users<\/li>\n                                                                                            <\/ul><!--\/.inContentProviderSingle--lis-->\n                                                                            <\/div>\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img float-right\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/06\/Best-Wallet.svg\" alt=\"Best Wallet\" width=\"125\" height=\"60\">\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <div class=\"col-12 text-center\">\n                                        <div class=\"inContentProviderSingle--button\">\n                                                                                        <a href=\"https:\/\/insidebitcoins.com\/visit\/bestwallet\" title=\"Start Trading\" rel=\"nofollow\">Download Now<\/a>\n                                        <\/div>\n                                        <div class=\"inContentProviderSingle--disclaimerText\">\n                                                                                    <\/div>\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                            <\/div><!--\/.container-->\n                        <\/div><!--\/.inContentProviderSingle--wrapper-->\n                    <\/div><!--\/.inContentProvider--single-->\n                            \n            \n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">As Solana celebrates its 5th birthday, crypto&rsquo;s 6th biggest blockchain is showing signs of strain. Its explosive growth has led to congestion issues, putting future <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/a-default-box\" title=\"A Default Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1954,"featured_media":635939,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[15057],"tags":[7598,15086,10639],"class_list":["post-635938","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sponsored","tag-crypto","tag-market-news","tag-solana"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>As Solana Celebrates Its 5th Birthday, Solaxy Builds Its Future<\/title>\n<meta name=\"description\" content=\"As Solana celebrates its 5th birthday, $27M layer-2 project Solaxy aims to take the network to the next level with cutting-edge technology.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/635938\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solana Celebrates 5th Birthday: As Growth Fuels Congestion, Layer-2 Solaxy Steps In\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-17T09:36:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-17T18:57:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/03\/Solana_optimized-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Steven Walgenbach\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@__CryptoSteve\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Steven Walgenbach\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/635938#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/635938\"},\"author\":{\"name\":\"Steven Walgenbach\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/87782b69af094c4f9a428f68ec30855a\"},\"headline\":\"Solana Celebrates 5th Birthday: As Growth Fuels Congestion, Layer-2 Solaxy Steps In\",\"datePublished\":\"2025-03-17T09:36:50+00:00\",\"dateModified\":\"2025-03-17T18:57:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/635938\"},\"wordCount\":467,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/635938#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/03\/Solana_optimized-1.png\",\"keywords\":[\"Crypto\",\"Market News\",\"Solana\"],\"articleSection\":[\"Sponsored\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/635938\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/635938\",\"name\":\"As Solana Celebrates Its 5th Birthday, Solaxy Builds Its Future\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/635938#primaryimage\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/635938#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/03\/Solana_optimized-1.png\",\"datePublished\":\"2025-03-17T09:36:50+00:00\",\"dateModified\":\"2025-03-17T18:57:51+00:00\",\"description\":\"As Solana celebrates its 5th birthday, $27M layer-2 project Solaxy aims to take the network to the next level with cutting-edge technology.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/635938\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/635938#primaryimage\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/03\/Solana_optimized-1.png\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/03\/Solana_optimized-1.png\",\"width\":1024,\"height\":576,\"caption\":\"Solana\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/insidebitcoins.com\/#website\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"name\":\"InsideBitcoins.com\",\"description\":\"Search &amp; Compare Brokers within Crypto, Forex &amp; Stocks\",\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/insidebitcoins.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/insidebitcoins.com\/#organization\",\"name\":\"InsideBitcoins\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg\",\"width\":195,\"height\":32,\"caption\":\"InsideBitcoins\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/87782b69af094c4f9a428f68ec30855a\",\"name\":\"Steven Walgenbach\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/avatar_user_1954_1697718954-96x96.jpg\",\"contentUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/avatar_user_1954_1697718954-96x96.jpg\",\"caption\":\"Steven Walgenbach\"},\"description\":\"Steven is a passionate innovator in the fields of cryptocurrency and blockchain technology. He earned a top 5 world ranking in robotics and began his exploration of these emerging technologies in 2014. After briefly studying computer science at the University of Texas at Arlington, he shifted his focus to actively contribute to the cryptocurrency space.\",\"sameAs\":[\"https:\/\/stevenlancew.wixsite.com\/cryptosteve\",\"https:\/\/www.linkedin.com\/in\/steven-walgenbach-a79002118\/\",\"https:\/\/x.com\/__CryptoSteve\"],\"gender\":\"male\",\"knowsAbout\":[\"Cryptocurrency\",\"Blockchain\",\"Autonomous Trading Bots\"],\"jobTitle\":\"Editor\",\"url\":\"https:\/\/insidebitcoins.com\/author\/swalgenbach\"}]}<\/script>\n<meta property=\"og:video\" content=\"https:\/\/www.youtube.com\/embed\/7usUlycZEUs\" \/>\n<meta property=\"og:video:type\" content=\"text\/html\" \/>\n<meta property=\"og:video:duration\" content=\"501\" \/>\n<meta property=\"og:video:width\" content=\"480\" \/>\n<meta property=\"og:video:height\" content=\"270\" \/>\n<meta property=\"ya:ovs:adult\" content=\"false\" \/>\n<meta property=\"ya:ovs:upload_date\" content=\"2025-03-17T09:36:50+00:00\" \/>\n<meta property=\"ya:ovs:allow_embed\" content=\"true\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"As Solana Celebrates Its 5th Birthday, Solaxy Builds Its Future","description":"As Solana celebrates its 5th birthday, $27M layer-2 project Solaxy aims to take the network to the next level with cutting-edge technology.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/635938","og_locale":"en_US","og_type":"article","og_title":"Solana Celebrates 5th Birthday: As Growth Fuels Congestion, Layer-2 Solaxy Steps In","og_site_name":"InsideBitcoins.com","article_published_time":"2025-03-17T09:36:50+00:00","article_modified_time":"2025-03-17T18:57:51+00:00","og_image":[{"width":1024,"height":576,"url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/03\/Solana_optimized-1.png","type":"image\/png"}],"author":"Steven Walgenbach","twitter_card":"summary_large_image","twitter_creator":"@__CryptoSteve","twitter_misc":{"Written by":"Steven Walgenbach","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/635938#article","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/635938"},"author":{"name":"Steven Walgenbach","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/87782b69af094c4f9a428f68ec30855a"},"headline":"Solana Celebrates 5th Birthday: As Growth Fuels Congestion, Layer-2 Solaxy Steps In","datePublished":"2025-03-17T09:36:50+00:00","dateModified":"2025-03-17T18:57:51+00:00","mainEntityOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/635938"},"wordCount":467,"publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/635938#primaryimage"},"thumbnailUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/03\/Solana_optimized-1.png","keywords":["Crypto","Market News","Solana"],"articleSection":["Sponsored"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/635938","url":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/635938","name":"As Solana Celebrates Its 5th Birthday, Solaxy Builds Its Future","isPartOf":{"@id":"https:\/\/insidebitcoins.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/635938#primaryimage"},"image":{"@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/635938#primaryimage"},"thumbnailUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/03\/Solana_optimized-1.png","datePublished":"2025-03-17T09:36:50+00:00","dateModified":"2025-03-17T18:57:51+00:00","description":"As Solana celebrates its 5th birthday, $27M layer-2 project Solaxy aims to take the network to the next level with cutting-edge technology.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/635938"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/635938#primaryimage","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/03\/Solana_optimized-1.png","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/03\/Solana_optimized-1.png","width":1024,"height":576,"caption":"Solana"},{"@type":"WebSite","@id":"https:\/\/insidebitcoins.com\/#website","url":"https:\/\/insidebitcoins.com\/","name":"InsideBitcoins.com","description":"Search &amp; Compare Brokers within Crypto, Forex &amp; Stocks","publisher":{"@id":"https:\/\/insidebitcoins.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/insidebitcoins.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/insidebitcoins.com\/#organization","name":"InsideBitcoins","url":"https:\/\/insidebitcoins.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/07\/insidebitcoins.svg","width":195,"height":32,"caption":"InsideBitcoins"},"image":{"@id":"https:\/\/insidebitcoins.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/87782b69af094c4f9a428f68ec30855a","name":"Steven Walgenbach","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/insidebitcoins.com\/#\/schema\/person\/image\/","url":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/avatar_user_1954_1697718954-96x96.jpg","contentUrl":"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/avatar_user_1954_1697718954-96x96.jpg","caption":"Steven Walgenbach"},"description":"Steven is a passionate innovator in the fields of cryptocurrency and blockchain technology. He earned a top 5 world ranking in robotics and began his exploration of these emerging technologies in 2014. After briefly studying computer science at the University of Texas at Arlington, he shifted his focus to actively contribute to the cryptocurrency space.","sameAs":["https:\/\/stevenlancew.wixsite.com\/cryptosteve","https:\/\/www.linkedin.com\/in\/steven-walgenbach-a79002118\/","https:\/\/x.com\/__CryptoSteve"],"gender":"male","knowsAbout":["Cryptocurrency","Blockchain","Autonomous Trading Bots"],"jobTitle":"Editor","url":"https:\/\/insidebitcoins.com\/author\/swalgenbach"}]},"og_video":"https:\/\/www.youtube.com\/embed\/7usUlycZEUs","og_video_type":"text\/html","og_video_duration":"501","og_video_width":"480","og_video_height":"270","ya_ovs_adult":"false","ya_ovs_upload_date":"2025-03-17T09:36:50+00:00","ya_ovs_allow_embed":"true"},"_links":{"self":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/635938"}],"collection":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/users\/1954"}],"replies":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/comments?post=635938"}],"version-history":[{"count":7,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/635938\/revisions"}],"predecessor-version":[{"id":635985,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/635938\/revisions\/635985"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media\/635939"}],"wp:attachment":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media?parent=635938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/categories?post=635938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/tags?post=635938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}