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Solaxy Raises $15M for Solana’s First Layer-2 Solution to Tackle Network Congestion

Solaxy (SOLX), Solana’s first Layer-2 scaling solution, has now raised over $15 million in its presale phase. Borrowing from Ethereum’s successful scaling strategies, Solaxy aims to process transactions off-chain, managing the congestion that has hampered Solana’s performance. And investors are hyped about what this might mean for Solana-based trading in the future. How
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Deepseek Mania Triggers Widespread Losses for Publicly Traded Crypto Firms and Bitcoin Miners

As U.S. and European equities faltered on Monday amid a surge of interest in the artificial intelligence (AI) platform Deepseek, publicly traded bitcoin mining companies faced significant setbacks during the market downturn. Bitcoin Mining Stocks Suffer Heavy Losses A total of 32 publicly traded mining firms endured sharp declines yesterday, largely attributed to the