War-driven headlines, particularly from the Middle East, continue to weigh on global crypto markets, keeping Bitcoin and several top altcoins in the red.
Amid the short-term bearishness, Solaxy, the first prominent Layer-2 coin on Solana, went live on Uniswap in grand style today, having raised over $58 million in its presale.
On-chain metrics, particularly from DexTools and DexScreener show that the meme coin is already receiving strong community backing, reflecting strong confidence in its potential.
While it has experienced a moderate decline since its debut – perhaps due to bearish dynamics in the broader market – its number of holders is growing at a fast pace, rising from 3000 to approximately 5000 within a few hours.
What’s even more remarkable is the token’s growing trading volume, signaling that investors remain actively engaged and bullish about its potential in spite of the short-term noise.
At the same time, the project’s Layer-2 architecture, currently live on Testnet, is also gaining increasing traction among developers and users ahead of its mainnet debut in July.
And with various projections indicating that the bull market is far from over, there seems to be strong speculation within the community that the token will aim for 100x in the coming weeks. Is Solaxy the best crypto to buy now?
Solaxy Ends Presale After Raising Over $58 Million
Solaxy has been one of the top-performing crypto presales of 2025 – a trend that experts are backing to continue as it makes its exchange debut.
Solaxy’s presale was an instant success, almost smashing the $60 million milestone in spite of the extreme volatility in the broader market.
Strong whale interest has been the major driver of Solaxy’s head-scratching momentum, with deep-pocketed investors continuously pouring six-figure investments right up to the final hours of its presale.
Among the latest was the purchase of over $250k worth of SOLX by three whale wallets.
And even now that the project has been listed on Uniswap, investors are still making significant moves, as indicated by its growing holder base.
What this implies is that investors are looking beyond short-term price swings and focusing on the long-term potential of SOLX, further giving credibility to analysts calling it the next 100x crypto.
Solaxy Ready to Shake Up Solana With Its Layer-2 Architecture
Solaxy is shaping up to become a key player within the Solana ecosystem by introducing a battle-tested rollup Layer-2 architecture that will improve the latter’s throughput, increase network efficiency, and deliver cheap transactions, even during periods of elevated traffic.
Solana, while being one of the most popular hubs for meme coins, is plagued by numerous technical bottlenecks, including frequent slowdowns, congestion, and network outages.
Despite persistent network upgrades, these problems keep resurfacing. Take, for instance, the launch of Official Trump Meme and Melania earlier this year – investors faced significant network congestion, resulting in elevated fees and failed transactions.
And considering that the meme coin mania isn’t ending in Solana anytime soon, the need for a reliable solution that can dramatically boost throughput while preserving security has never been more critical.
That’s why Solaxy is being favored by developers, users, and investors alike. Its Layer-2 chain will bundle SOL transactions into batches, process them off-chain, and publish the results on the Solana mainnet for settlement.
This innovative approach results in zero downtime, ultra-fast throughput, and low-latency transactions, ensuring that degens can take the most advantage of the upcoming meme coin supercycle.
Similarly, Solaxy’s cutting-edge tech is interoperable, opening up a new era of cross-chain activity between Ethereum and Solana.
With the mainnet launch scheduled for July, Solaxy has also teased the upcoming release of two major products – Igniter Protocol and Neptoon.
Igniter protocol will enable users to launch their own meme coins in just a few clicks, making it a viable competitor to Pump.fun. Neptoon, on the other hand, will act as Solaxy’s decentralized exchange, further amplifying its market position as a new hub for meme coin trading.
The rollout of these features is expected to give SOLX a big boost, especially as the token may also be gearing up for a CEX listing soon.
Crucially, SOLX is deflationary by design – as evidenced by the burning of 35 billion tokens worth $62 million last week. Initiatives like this could support SOLX’s price growth as demand increases.
Solaxy Price Prediction – Is SOLX the Next 100x Crypto?
Solaxy saw a moderate pullback immediately after going live on Uniswap today due to broader market uncertainty – fueled by fears of escalating Israel-Iran conflict.
At the time of writing, the SOLX price is trading around $0.0008869, with a market cap well above $93 million.
Beyond Uniswap, the meme coin is also live on DEXTools, DexScreener, CoinMarketCap, Raydium, and CoinGecko.
However, in spite of the slight dip, SOLX’s market sentiment remains bullish – as evidenced by continued investor accumulation. Unsurprisingly, this has resulted in a surge of nearly 43% on the one-hour chart, suggesting that the initial bear run might be over.
After all, the Layer-2 coin is already trading within an ascending channel, which is one of the most bullish signals for altcoins.
Assuming it successfully breaks out from the upper trendline – which appears likely given the rising trading volume – Solaxy’s market cap could surge to $500 million before the end of the week.
Most importantly, Solaxy is still not live on any centralized exchange. Considering the developer team has hinted at major CEX listings, sidelined investors might not be too late to buy this meme coin.
In the long term, as the excitement around its upcoming mainnet launch continues to captivate the market, experts see no reason why Solaxy can’t match the success of other Layer-2 projects like Stacks, Arbitrum, and Optimism – all of which boast billion-dollar valuations.
It’s little wonder that early buyers are eyeing anywhere between 50x and 100x returns in the coming months.
Presale participants can visit the project’s website to claim their tokens.
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