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Reading: Upgrade in the Solana Development Process May Trigger a Solaxy Rally
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The cryptonews hub > Blog > Market > Upgrade in the Solana Development Process May Trigger a Solaxy Rally
Market

Upgrade in the Solana Development Process May Trigger a Solaxy Rally

Crypto Team
Last updated: May 23, 2025 6:34 pm
Crypto Team
Published: May 23, 2025
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wp header logo 712 Upgrade in the Solana Development Process May Trigger a Solaxy Rally

The Solana development process is progressing rapidly.and could see $SOL, Solana meme coins, and Layer 2 token Solaxy, ($SOLX) rally.

However, a partial Firedancer implementation, Frankendancer, which has been live since March 25, 2025, has failed to produce the desired results.

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But things are about to change as Roger Wattenhofer, Head of Research at Anza, announced Alpenglow at the Solana Accelerate conference on Monday, asserting the new consensus protocol could significantly reduce Solana’s latency:

‘We believe that the release of Alpenglow will be a turning point for Solana. Alpenglow is not only a new consensus protocol, but the biggest change to Solana’s core protocol since, well, ever.’

—Roger Wattenhofer, Alpenglow: A New Consensus for Solana

Alpenglow promises to reshape Solana’s core protocol by replacing legacy components like TowerBFT and Proof-of-History with Votor, which takes over the voting and block finalization logic.

‘With TowerBFT, Solana had about 12.8 sec from block creation until block finality. […]We expect that Alpenglow can achieve actual finality in about 150 ms (median). Sometimes finality can be achieved as fast as 100 ms, which is an unbelievably low number for a world-wide L1 blockchain protocol.’

—Roger Wattenhofer, Alpenglow: A New Consensus for Solana

The project’s presale is currently underway and progressing nicely, combining Pepe’s meme potential with a utility-based token that fuels a growing ecosystem.

Solaxy aims to implement a zero-downtime environment, eliminating network congestion and failed transactions. It also intends to speed up transactions and offer infinite scalability thanks to Solaxy’s off-chain execution.

The project has been under rapid development since its inception, with the devs posting regular updates once or twice a month.

Among the latest is the implementation of the Testnet Bridge connecting Solana to Devnet and aiming to improve interoperability with the Ethereum network.

The Solaxy presale is about to end in 24 days, which means the window to get in at discounted prices is closing fast. The ICO has already raised over $39M with $SOLX currently valued at $0.001732, and the token is likely to pump post-launch.

Remember, this isn’t financial advice. You should always DYOR (Do Your Own Research) before investing and not spend more than you can afford to potentially lose.

source

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