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Hardly a month has gone by since its presale launch, and new meme coin Solaxy ($SOLX) has already pulled in more than $9.2 million in early investor capital.
Solana’s first-ever Layer-2 chain is expected to further enhance the blockchain’s reputation as a go-to platform for meme coin trading. Its transactional upgrades can power meme coins deeper into the current supercycle in 2025.
With $SOLX front and center, not only does it serve as the native token of Solaxy, but as a multi-chain coin that launched its presale on Ethereum, it bridges the gap between Ethereum’s $64 billion in total value locked (TVL) in DeFi and the Solana blockchain, known for speed and low fees.
Given this role, $SOLX is widely expected to gain significant traction once it hits exchanges. Early signs of this potential are already visible in its presale, which could hit $10 million before its first-month anniversary.
Investors have just 26 hours left to grab $SOLX at $0.001594 per token before the price increases in the next stage.
Meme Coins Start The New Year With A Bang, And Solaxy Will Make 2025 Even Bigger
The meme coin market cap surged from around $20 billion in January to about $120 billion by December 2024, a 500% growth.
Market activity shows no signs of slowing down as demand for meme tokens picks up again after a brief dip in late December. Several tokens have already posted strong gains in the new year.
SPX6900 ($SPX), a new entrant to the meme coin billion-dollar club, saw its market cap soar since January 2.
Other tokens edging closer to the nine-digit mark include Akuma Inu ($AKUMA), with a $567 million market cap and a 269% seven-day gain, and ShibaBitcoin ($SHIBTC), which reached a $676 million market cap after a strong uptick also on the second day of the year.
Meme coins are entering 2025 with fireworks, fueling expectations that this year’s gains could match or even surpass those of 2024.
Meme coin launchpads like Pump.fun played a key role last year, showcasing new heavyweights like Fartcoin ($FARTCOIN), Peanut the Squirrel ($PNUT), and Goatseus Maximus ($GOAT).
This has helped establish Solana as the go-to chain for meme coin trading. However, despite its advantages – such as lower fees and faster transactions – Solana still struggles with occasional network congestion, failed transactions, and scalability challenges.
Enter Solaxy: the first-ever Layer-2 chain designed to supercharge Solana and ensure no other chain is better suited for meme coin trading.
Solaxy’s Scalability Could Comfortably Outpace Lattice-Based Hashing Systems, Setting The Stage For A 10x To 100x Price Surge For $SOLX
Solaxy builds on Solana’s strengths by enhancing speed, scalability (potentially surpassing proposed Lattice-based hashing systems), and reducing congestion and transaction failures.
It provides a platform that addresses Solana’s limitations, enabling seamless development, deployment, and interaction with decentralized apps without compromising performance.
With its superior speed and transaction efficiency, Solaxy is perfectly suited for meme coin trading, where rapid profit-taking is crucial – especially as meme coins are poised for even more explosive gains in 2025.
$SOLX plays a pivotal role in unlocking Solaxy’s full potential, serving as the primary currency for both development and transactions. As mentioned, its multi-chain capabilities also position $SOLX as a bridge between Ethereum and Solana, increasing its appeal.
This is why $SOLX is gaining recognition as a token with 10x–100x potential, with major crypto outlets like 99Bitcoins and Cryptonews taking notice.
Given that top eight Layer-2 tokens are valued at over $1 billion, being the first on Solana can indeed position $SOLX for explosive growth.
The Next $SOL Has Arrived – And Its Name Is $SOLX. Buy Now Before It’s Too Late
Missing out on Solana when it first gained traction as an Ethereum killer in 2020 was a missed opportunity for many.
From under $0.50 to its current price of $195 per token, that’s a staggering 38,900% increase – turning an initial $1,000 investment into $389,000. Those who didn’t jump in early wonder what could’ve been.
Now, with $SOLX, the chance to redeem themselves is here, potentially even creating more wealth than early Solana investors did.
Once $SOLX hits exchanges, it could be hard to snag at its current presale price, especially with early demand already showing the kind of buying activity expected once the token hits a tier-1 exchange.
Solaxy Is Closing In On The $10 Million Funding Milestone – Here’s How You Can Get In On The Action
The $10 million funding milestone is fast approaching, and to position yourself ahead of the broader trading public, head over to the Solaxy website and buy $SOLX directly there.
Best Wallet, one of the top next-gen crypto wallets, has listed Solaxy under its ‘Upcoming Tokens’ feature. This feature has proven to be an accurate screener for promising new projects, making successful calls on tokens like Pepe Unchained ($PEPU), Catslap ($SLAP), and many others.
If you have Best Wallet installed, you can also purchase $SOLX directly within the app. Newly purchased $SOLX can be staked on Solaxy’s staking protocol, currently offering an impressive 380% APY.
For more updates, connect with the Solaxy community on X and Telegram.
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