Solaxy (SOLX) Surges 65% Post-DEX Launch - Solana's Next Big L2?
2025-06-24 07:55:36Solaxy (SOLX) Surges 65% After DEX Launch, Hits $76M Market Cap: Is This Solana’s Next Big Layer-2 Breakthrough?
The cryptocurrency market is witnessing a new contender rise at an unprecedented pace. Solaxy (SOLX), the first-ever Layer-2 solution built for Solana, has exploded by 65% within hours of its decentralized exchange (DEX) debut, reaching a staggering $76 million market capitalization. With its mainnet launch just days away and rumors of a major centralized exchange (CEX) listing circulating, SOLX is rapidly becoming one of the most talked-about altcoins of 2025. But what’s driving this meteoric rise—and can it sustain the momentum?
The Solana Scalability Crisis: Why Solaxy Was Born
Solana, despite its high-speed, low-cost transactions, has long struggled with network congestion during peak demand. Earlier this year, meme coin mania pushed Solana’s transaction failure rates to alarming levels, exposing critical scalability limitations. Enter Solaxy—a Layer-2 blockchain designed to offload Solana’s traffic by processing transactions off-chain before bundling them for final settlement on the mainnet.
The project’s presale, which concluded just last week, raised an astonishing $58 million, making it one of the most successful Solana-based token sales this year. Early investors who bought SOLX at $0.001766 are now sitting on massive gains, with the token trading at $0.0029 following its Uniswap listing.
A Perfect Storm: DEX Frenzy, Mainnet Hype, and CEX Speculation
Solaxy’s price surge comes amid three key developments:
DEX Launch & Immediate Liquidity Boom
SOLX went live on Uniswap with an initial liquidity pool of $12 million, triggering a rapid price spike.
Trading volume surpassed $28 million in the first 24 hours, indicating strong retail and institutional interest.
Mainnet Launch Imminent (July 7)
Solaxy’s full Layer-2 network is set to go live in less than two weeks, promising 10,000 TPS throughput—far exceeding Solana’s native capacity.
The team has already deployed a Hyperlane-powered cross-chain bridge, enabling seamless asset transfers between Ethereum and Solana.
Rumors of a Binance or Coinbase Listing
Analysts at 99Bitcoins suggest that Solaxy is in "advanced talks" with top-tier exchanges, with a potential listing announcement expected in early July.
A confirmed CEX listing could trigger another major price surge, similar to past "Binance Effect" rallies.
Market Experts Weigh In: Is SOLX a Long-Term Play or Short-Term Hype?
Umar Khan (99Bitcoins): "Solaxy isn’t just another meme coin—it’s solving a real problem for Solana. If it delivers on its roadmap, SOLX could easily become a top-50 crypto by year-end."
ClayBro (YouTube Analyst): "The presale sell-out and DEX performance prove there’s strong demand for scaling solutions. The key question is adoption—will Solana developers migrate to Solaxy?"
VanEck Research Team: "Layer-2 networks are the next frontier in blockchain efficiency. Solaxy’s success could determine whether Solana maintains its edge against Ethereum’s growing ecosystem."
What’s Next for Solaxy? Key Milestones to Watch
July 7, 2025: Solaxy’s mainnet launch, featuring Neptoon DEX and Igniter Protocol (a no-code token launchpad).
July 14-21: Additional ecosystem rollouts, including upgraded cross-chain bridges and staking rewards.
Potential CEX Listing: If confirmed, this could propel SOLX into the $0.005-$0.01 range, according to technical analysts.
Final Thoughts: A High-Risk, High-Reward Bet on Solana’s Future
Solaxy’s explosive debut underscores the market’s hunger for scalable blockchain solutions. While its technology shows promise, investors should remain cautious—many Layer-2 projects face stiff competition and technical hurdles.
Will Solaxy become Solana’s Arbitrum, or will it fade as hype cools? Share your thoughts on our X (formerly Twitter) channel.
Disclaimer: The information provided in this section is for reference only and does not represent any investment advice or the official views of FameEX.
Sources:
Cryptodnes.bg – "Solaxy Explodes 65% After DEX Launch, Hits $76M Market Cap: Best Crypto to Buy?"
99Bitcoins – "SOLX Price Set to Blast as First-Ever Solana Layer-2 Lands on DEXs, Major CEX Listing Next"
Cryptonomist – "New Crypto Listing: Solaxy (SOLX) Now on Uniswap—Best New Token to Buy?"
Crypto Times – "Top Crypto Projects to Watch: BlockDAG, Solaxy, Snorter, Bitcoin Hyper"
CoinSpeaker – "Solaxy Presale Launches, $58M Raised Amid Crypto Crash"