(Meme coin projects have extremely high volatility and risk. This article aims to introduce this project, but its token price may experience severe fluctuations in a short time, even going to zero. Investors should fully understand and bear all potential risks, and conduct thorough independent research and consult professional financial advisors before making any investment decisions. The information contained in this article does not constitute any investment advice.)

Elon Musk's move to ban Pump.fun and all accounts of founder Alon on the X platform shocked the entire Solana community. This sudden ban not only brought down the largest meme coin creation platform in an instant but also completely interrupted the promotional channels for hundreds of new coins. As the most popular on-chain coin creation tool, Pump.fun disappeared overnight, leaving the entire Solana meme coin circle in a void.

But amid the chaos, a new project has rapidly risen to become the biggest beneficiary of the community's shift. This name is Solaxy ($SOLX), not only the first Layer 2 solution on the Solana chain but also set to launch its own coin creation platform, Igniter Protocol, directly competing with Pump.fun and even surpassing it in performance and cost.

Elon's ban sparked a mass exodus from the community, and Solaxy unexpectedly became a hit.

Pump.fun generated over $700 million in revenue in the past year, with hundreds of coins minted daily, making it a hub for meme coin incubation. However, its freedom and anonymity also turned it into a breeding ground for scams and money laundering. Some analysts view Elon’s recent crackdown as a pathway for the platform to transition into a fintech application, introducing a significant variable for the future of decentralized coin creation.

At this moment, Solaxy's pre-sale has entered the countdown phase, attracting a large influx of former Pump.fun users in a short time. As of this Monday, Solaxy has raised over $54 million in total, making it the largest pre-sale project in Solana's history. Although the official pre-sale has ended, a 'final purchase period before coin acquisition' remains open until 2 PM UTC on June 23, seen as the last chance to enter at a fixed price.

Solaxy's official team recently released a complete launch roadmap, clearly revealing the timeline and delivery goals from coin acquisition to the launch of Token Igniter (a new meme coin issuance platform similar to pump.fun), strengthening project trust and injecting new competitive power into the Solana ecosystem.

Why has Solaxy been able to quickly take over?

Beyond the community spillover effect, Solaxy itself has a strong technical background. As a Layer 2 chain of Solana, Solaxy aims to solve the congestion and transaction delay issues that currently occur on the Solana network during peak periods. Through transaction bundling and off-chain computing technology, Solaxy is expected to increase processing speed from Solana's original 6500 TPS to 10000 TPS.

This is not just a numerical upgrade. For DeFi users, blockchain game players, and meme coin creators, higher speed means lower failure rates, lower gas fees, and higher interaction frequency, further enhancing the overall user experience.

Solaxy's testnet has successfully processed millions of transactions and completed a smart contract audit by Coinsult, earning high market praise for its technical maturity. The community size has also grown rapidly, with a total of over 75,000 followers on X and Telegram channels, indicating that it is not just a developer-oriented project, but also has a significant grassroots participation enthusiasm.

Igniter Protocol: A new generation meme coin creation platform is here.

Another major weapon for Solaxy is the upcoming 'Igniter Protocol', a no-code coin creation platform that allows users to quickly mint coins on-chain in just a few steps, with functions very similar to Pump.fun, and even more advantages in speed and transaction fees.

Although Pump.fun has set impressive revenue records, its overly open mechanism has also led to a flood of junk coins and scam projects entering the market. In contrast, Igniter Protocol is expected to integrate review processes, fee models, and community governance, making the coin creation ecosystem healthier and more sustainable.

With Pump.fun currently unable to operate and the X platform prohibiting traffic diversion, Solaxy's Igniter will undoubtedly become the next ideal habitat for meme coin creators.

The pre-sale has entered its final countdown, the last opportunity for layout before coin acquisition.

Currently, the pre-sale price of the $SOLX token is $0.001766, and it is expected to be officially listed on exchanges at 2 PM UTC on June 23. At that time, the price will be determined by the free market, with several analysts, including Umar Khan from 99Bitcoins and Crypto Nitro, predicting that Solaxy could have a potential increase of over 100 times after listing.

For investors who missed out on hot meme coins like Pepe and Bonk, Solaxy's current layout is considered one of the most explosive opportunities in the Solana ecosystem this year. Especially at a time when Pump.fun has been banned and there is a vacuum for new meme coin platforms, Solaxy has already completed its infrastructure and community layout, putting it in an absolutely leading position.

Purchase Solaxy on the official website.

Conclusion: A hundredfold opportunity born out of chaos.

Elon's ban on Pump.fun may have been aimed at rectifying the platform's image, but it unexpectedly opened up an upward channel for Solaxy. From Layer 2 expansion to the Igniter token creation platform, and then to the explosive growth of pre-sale funds, Solaxy demonstrates not just a concept, but a complete, implementable cryptocurrency infrastructure.

With only a few days left until the exchange listing, for those investors still watching, this may be the last wave of opportunity to enter the new thematic coin sector in Solana.

Disclaimer

Cryptocurrency investment carries high risks, with significant price fluctuations that can lead to financial loss. This article is for reference only and does not constitute investment advice. Please conduct your own research (DYOR) and make cautious decisions.

This article: After Pump.fun was banned, the new meme release platform takes over! Solaxy pre-sale breaks $54 million and lists 4 days later. First appeared in Chain News ABMedia.