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A meme coin war has erupted on Solana with Raydium and Pump.fun going head to head for supremacy — but the one clear winner is Solaxy, the layer-2 scaling solution that facilitates trading on the blockchain.
Raydium has fired the latest shot with the launch of LaunchLab — a token creation engine that arrives after Pump.fun cut ties with Raydium last month and launched its own DEX, PumpSwap, to compete directly.
SOL Token Activity Surges Amid Meme Coin War
Now Raydium is hitting back. To position its platform as a better alternative to Pump.fun, Raydium offers meme coin enthusiasts customizable bonding curves and no migration fees through LaunchLab.
For Creators: Custom Token Launch Features
– Token supply, total raised, quantity sold on curve
– Vesting with optional cliff and wallet delegation
– Burn & Earn: lock the LP & earn trading fees (!)
– And so much more pic.twitter.com/7LvQ70lw4O— Raydium (@RaydiumProtocol) April 16, 2025
And any tokens created on Raydium’s platform that raise 85 Solana (SOL) will transition to Raydium’s Automated Market Maker (AMM) instantly.
So far, a large amount of new tokens have been created by opportunistic developers on LaunchLab, data from the platform shows.
But token launches are also surging on Pump.fun. According to Dune Analytics, there has been a steady uptick in the number of new tokens created daily on Pump.fun over the past few days.
And Pump.fun’s DEX, PumpSwap, has broken its record for daily trading volumes 5 days in a row, reaching $460 million yesterday.
The latest development in the meme coin war helped Solana surge 4.4% in the past 24 hours to trade at $131.46 as of 10:28 a.m. EST.
Solaxy The Big Winner In The Solana Meme Coin War
This is all music to the ears of Solaxy (SOLX), the first layer-2 scaling solution for Solana, which is perfectly positioned to capitalize on soaring transactions.
Even before Raydium entered the fray, investors were super bullish on SOLX, pumping more than $30.4 million into the project, making its presale one of the most successful of the year.
Solaxy boosts Solana’s efficiency by bundling transactions off-chain before submitting them to the mainnet for final validation — easing congestion and cutting costs.
Its arrival couldn’t be better timed: Solana was already showing signs of congestion before the meme coin war between Pump.fun and Raydium’s LaunchLab exploded.
Now, as that battle escalates, Solaxy is poised to deliver critical relief — and lock in its role as a core pillar of the SOL ecosystem.
99Bitcoins, a popular YouTube channel with over 725K subscribers, says SOLX might soar 10X after launch.
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