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The new Solana Layer 2 token Solaxy (SOLX) didn’t just enter the market today – it exploded.
The SOLX token rocketed 65% after its DEX debut, hitting a $76 million market cap within two hours and showing there’s massive demand for Solana’s first scaling solution.
It’s a vote of confidence in a network built to fix Solana’s most frustrating flaws.
This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products, or other materials on this page.
Solaxy’s DEX Debut – and How Early Backers Are Already in Profit
Solaxy’s presale ended today after raising a massive $58 million, making it one of the biggest presales of 2025.
Final buyers were able to grab SOLX tokens at $0.001766, with whales also getting involved – one snapped up $73,000 worth just last week.
Solaxy’s team also burned 55 billion SOLX tokens, representing 40% of the total supply, to curb inflation and boost scarcity.
DEX trading opened today with typical volatility – a quick dip post-launch.
But the rebound was aggressive: there’s been a 65% surge from that low, pushing SOLX to a $76 million valuation.
Volume exploded instantly – $2.2 million on Uniswap and $500,000 on Raydium in under two hours – with buys outpacing sells.
And real adoption has followed.
There are now 13,200 holders on Ethereum and 2,600 on Solana after the highly anticipated Hyperlane bridge went live.
With $1.4 million in liquidity on Uniswap and $300,000 on Raydium, this creates a solid growth foundation – especially with CEX listings expected to follow soon.
The Road Ahead for Solaxy – Roadmap Milestones and Trading Momentum
Today’s launch energy might be the start of something bigger, since Solaxy’s roadmap is packed with near-term catalysts.
Staking rewards will unlock on June 30, allowing early backers to claim their first yields.
Just before that, the Solaxy Wiki launches June 29 – a comprehensive hub for devs and validators.
And July will see the launch of all the core tech.
Solaxy’s mainnet goes live July 7, flipping the switch on full network power, an upgraded block explorer, and smarter bridge tools.
A week later, the Neptoon DEX arrives – Solaxy’s native exchange for swaps on its faster (and cheaper) Layer-2 network.
Then, on July 21, the Igniter Protocol will go live, a multi-chain launchpad designed to create new meme coins and projects within the Solaxy ecosystem.
Analysts believe this ambitious roadmap will drive price discovery.
Conservative targets from Cryptonews’ team land around $0.00879 (a 397% increase from launch), while more bullish voices, such as 99Bitcoins, eye 100x returns for presale buyers.
Some members of the Solaxy Telegram channel even think SOLX could hit a $1 billion market cap.
Solaxy Unpacked – How This New Layer-2 Could Turbocharge Solana
So, what’s behind this buying frenzy?
Solaxy is Solana’s congestion killer – a Layer-2 blockchain built specifically to handle the traffic jams that plague the mainnet during meme coin frenzies.
It’s a way of diverting transactions off Solana’s overloaded chain.
Solaxy uses rollup tech (like Arbitrum/Optimism) to bundle transactions off-chain for speed, then settle them in a single, efficient proof back on Solana.
This approach slashes mainnet load, drops fees, and gets rid of failed transactions at peak times.
Its live Hyperlane bridge is the glue, moving assets between Solana, Ethereum, and Solaxy itself – and letting traders tap into Ethereum’s liquidity with Solana’s speed.
Developers get a scalable playground for DeFi, games, or high-frequency dApps without network meltdowns.
And users gain blazing-fast trades – especially for meme coins.
The SOLX token underpins everything, used for paying fees, staking, and governing upgrades.
With congestion solved and cross-chain access unlocked, Solaxy could finally help Solana reach its full potential.
This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods, or services mentioned.
Nikolay is a crypto enthusiast, with a keen interest in emerging technologies and investment strategies. He holds active positions across various crypto exchanges, regularly analyzing and investing in promising new projects and meme cryptos. Nikolay is known for his ability to take calculated risks and extract value from unconventional investments, with his highest return being 13X with the $PEPE token.
His investment philosophy includes a strategic approach focused on long-term growth, supported by in-depth research of market trends and innovations in crypto and blockchain technologies. Niki actively monitors global market changes and has a deep understanding of cryptocurrency mechanisms and their potential for development.