Viral new meme coin Solaxy (SOLX) is now live on top exchanges after raising over $58 million in a successful presale campaign.
While Solaxy is primarily a Solana meme coin, it offers multi-chain functionality and is now live on both Solana and Ethereum, with launches today on Raydium and Uniswap.
🚨 The $SOLX Token and Claim is LIVE 🚨This is not a drill. Solaxy is here.Buy Yours Now 👇ETHhttps://t.co/aFZqreQJlMSOLhttps://t.co/puzbobt9Ih pic.twitter.com/YT7qDg9aZd
— SOLAXY (@SOLAXYTOKEN) June 23, 2025
As is typical of presale tokens, the SOLX price saw a sharp correction just minutes following its launch. However, it appears to now have carved out a bottom as several whales stepped in to buy the dip.
The Solaxy price is already up by over 70% from its lows.
Notably, even before its launch, several prominent analysts had called SOLX the next 10x crypto.
Solaxy Goes Live, What’s Next?
One of the most successful presales of this year is now over. SOLX, which raised over $58 million in its ICO, launched on Uniswap and Raydium today.
Even after its launch, it continues to establish itself as a meme coin with strong fundamentals. For instance, Solaxy is now live on popular crypto platforms like CoinMarketCap, CoinGecko, DEXTools, DexScreener and Birdeye, which results in high visibility and brand awareness.
Most new meme coins don’t even manage to secure listings on these popular platforms, especially on CoinMarketCap and CoinGecko.
Similarly, exchange liquidity is now locked for both its Ethereum and Solana trading pairs, which significantly reduces the risks of any scam or rug pull.
Next up, SOLX is set to go live on top-tier centralized listings in the coming days. Meanwhile, presale holders who staked their tokens will be able to claim them once the lock-in period ends on June 30th.
Meanwhile, Solaxy’s layer-2 and full-stack architecture will start to roll out, with its Testnet already live. For the uninitiated, it is the first prominent Solana layer-2 chain with several in-demand attributes.
For instance, its Hyperlane-powered ETH-SOL bridge went live today. It will soon offer support for almost every popular layer-1 and layer-2 chain, offering users excellent interoperability.
The Solaxy Layer-2 mainnet will go live on July 7th, which aims to tackle Solana’s network congestion by processing SOL transactions off-chain.
The project has also announced its competitor to Pump.Fun, called the Igniter Protocol, and its own decentralized exchange, the Solaxy DEX. Users can now launch their own meme coin, which will initially launch on the DEX before going live on other popular exchanges.
Check out Solaxy’s X and Telegram accounts for more details.
SOLX Surges By 70% As Whales Go All In
Solaxy launched at a listing price of $0.0007205. After an initial explosive rally to $0.00104, it saw a sharp correction, which is typical since early presale buyers start to take profits.
However, whales were quick to buy the dip as SOLX started to record a string of 5-figure investments.
Unsurprisingly, the SOLX price is seeing a strong bounce back, recovering to $0.001 before a marginal pullback.
With a plethora of bullish narratives on the horizon, including CEX listings and mainnet launch, experts believe Solaxy has significant upside.
After all, the top Layer-2 coins tend to reach multibillion-dollar valuations. Notably, many prominent analysts and crypto influencers had called it the next 100x crypto, even before its launch.
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