The name "pallaxium" has nine characters and four syllables. Four syllable names are used by established brands like ESPN, Panasonic and Airbnb.
This domain was first registered in December 2016. Older domains have an advantage when ranking in search engines.
Pallaxium.com is a dot-com domain. Dot com domains are the most prestigious top-level-domain in the world, used by famous websites like facebook.com. When you own a dot-com, it is much easier to rank for your own name in search engines.