Solaxy is the first prominent Solana Layer-2 blockchain, purpose-built for maintaining low-latency transactions, high scalability and zero downtime — even during peak network congestion.
Its native token, SOLX, is the backbone of the Solaxy ecosystem and facilitates low-cost transactions, attractive staking rewards, and dApp development.
Being one of the first standout Solana L2 coins, it is seeing strong demand from whales and retailers alike, raising over $38 million in its ongoing presale. Several analysts have even called it the next 10x crypto.
The SOLX presale is ending in less than 27 days from press time, which has resulted in significant FOMO for its upcoming token launch.
Solaxy Market Outlook — Why Solana L2 Coins Could Be The Next Big Narrative?
Thanks to its high throughput and ultra-low transaction costs, Solana has rarely needed Layer-2 scaling solutions — until now. But with Solana emerging as the go-to chain for meme coins, AI agent tokens, and other high-volume assets, it’s beginning to face the same congestion issues that once plagued Ethereum during peak traffic.
DRiP’s Vibhu Norby made a blunt statement in March 2024, “Solana is going to have and needs to have L2s and/or rollups.”
Norby accurately indicated that Solana was struggling with poor scalability and high network congestion, particularly during popular airdrop campaigns as well as during the meme coin season. He isn’t the only one.
Popular influencer Wazz Crypto highlighted that Solana was seeing a staggering 75% transaction failure rate in April 2024.
Similarly, Wei Dai of 1kx Network revealed that the SOL’s median and mean fees were up significantly following Donald Trump’s launch of his meme coin. Similarly, transaction failure rates surged to 40%.
There is a growing concern from Solana bulls that the blockchain could lose market share to newer blockchains like Sui if it continues to struggle with poor scalability and transaction failure rates.
In this regard, Solaxy could prove to be a game-changer and become an integral part of the Solana ecosystem.
Solaxy’s Cutting-Edge Layer-2 Architecture, Explained
Solaxy is a modular Layer-2 blockchain that scales Solana’s core infrastructure using zero-knowledge rollup mechanics, off-chain execution, and advanced developer tooling.
It is engineered to solve Solana’s growing problems with network congestion, latency-sensitive applications, and failed transactions during high-volume periods.
At its core, Solaxy implements a rollup-based execution layer where transactions are processed off-chain and posted to Solana for final settlement. This drastically reduces Layer-1 load while maintaining security guarantees and fast finality.
The rollup stack is modular, allowing plug-and-play execution environments and toolchains optimized for different use cases — from meme coins to AI agents.
Solaxy’s another key component is the integration of the Sovereign SDK, which powers its new sequencer logic. This enables soft confirmations — transactions receive preliminary validation before they’re posted on-chain, improving responsiveness for dApps. Developers can toggle between basic and soft-confirmation modes depending on application requirements.
Solaxy also incorporates custom caching and serialization layers to reduce runtime latency and improve state sync speeds. This is crucial for high-frequency trading dApps, games, and parallel agents running on the network.
Besides the traditional rollup functionalities, Solaxy is aiming for high interoperability with popular Layer-1 and Layer-2 blockchains. It is creating a Hyperlane-powered multi-chain bridge, allowing seamless token transfers across Solana, Ethereum, Base, and the Solaxy L2. Validator coordination and secure message-passing ensure accurate state transitions and liquidity routing.
Similarly, for data availability, Solaxy offloads batch data to Celestia, enabling scalable storage and fraud-proof generation without bloating Solana’s Layer-1. Dev tests confirm data throughput of 140KB/sec — suitable for event-heavy and computation-heavy dApps.
On Monday, the project announced a one-of-a-kind Igniter Protocol, which allows $SOLX holders to create and launch tokens natively on Solaxy without writing custom contracts. It offers templated issuance, supply control, and distribution logic—accelerating token creation and experimentation.
Solaxy already offers a fully operational TestNet Block Explorer that tracks transactions, blocks, sequencer performance, and rollup-specific state in real-time. This infrastructure aids debugging, monitoring, and deployment for developers preparing for the mainnet.
In total, Solaxy combines sovereign rollup logic, multi-chain composability, token launch frameworks, and scalable data primitives — making it one of the most technically complete Layer-2 solutions built for Solana’s evolving ecosystem.
Check out the Solaxy whitepaper and developer updates for more information.
SOLX — Tokenomics, Staking Rewards And Security Audits
Solaxy’s native token, SOLX, has emerged as one of the best Solana coins to buy now.
Besides being the cornerstone of Solaxy’s Layer-2 ecosystem, it is also a meme coin with strong fundamentals. For instance, it has adopted community-centric tokenomics, with no separate allocation for the developer team or any private sale.
Instead, 30% of the token supply will be used for the development of Solaxy’s Layer-2 solution, while another 20% will be held in its Treasury.
15% of the SOLX supply will be used for its marketing strategy and campaign — an excellent move considering that it will launch amid a bull market and could benefit significantly from widespread awareness.
Finally, 25% of SOLX tokens will be used for community and staking rewards, and the remaining 10% will be used for exchange listings.
Additionally, Solaxy’s smart contract underwent a full manual audit by Coinsult, passing all security checks with zero vulnerabilities across high, medium, or low risk levels.
The audit verified that the contract cannot be paused, blacklisted, or manipulated by its owners—common attack vectors in rug pulls and pump-and-dump schemes. Critically, Solaxy has no mint function or fee exclusion privileges, meaning tokens cannot be arbitrarily printed or manipulated post-launch.
It also passed all SWC-standard tests for reentrancy, unchecked calls, and access control.
While the project lacks KYC, this may be a pro rather than a con, considering the recent Coinbase KYC leak.
Finally, SOLX has its own staking protocol, which has allowed early presale buyers to stack attractive passive income. Even with over 10 billion SOLX already staked in the pool, stakers are currently earning a reward rate of over 100% per annum.
SOLX Sees Heavy Whale Accumulation, Raises Over $38 Million In Its Presale — Next 10x Meme Coin?
Considering the strong demand for new Solana meme coins, it is no surprise that Solaxy is seeing significant whale and smart money investments.
Just last week, a whale invested nearly $381k into SOLX, adding to the token’s list of six-figure investments. Similarly, another deep-pocketed investor purchased nearly $200k worth of Solaxy data from Etherscan reveals.
With such heavy whale buys, it is no surprise that the SOLX ICO has raised over $38.4 million in short order.
After all, unlike other new meme coins, SOLX is an excellent long-term investment and could be a key part of the Solana ecosystem for years to come.
Smart money investors also note that Solaxy’s Layer-2 utility bodes well for its upside potential, considering the top Bitcoin and Ethereum L2s have multibillion-dollar valuations.
Therefore, there is a growing consensus among experts that SOLX could be the next 10x Solana meme coin, particularly considering it would launch amid a crypto bull market in late June.
Others are eyeing up to 20x returns, owing to its small market capitalization and high upside potential.
How to Buy SOLX?
The SOLX presale is ending in less than 27 days, leaving sidelined investors with one last chance to stack this latest viral Solana meme coin at its discounted price of $0.00173.
Investors can visit the Solaxy presale and connect their crypto wallet using the over-the-counter widget. They can then buy SOLX either through a bank card or by swapping cryptos like ETH, BNB and USDT.
Alternatively, interested buyers can download the Best Wallet app and buy SOLX without leaving the application using the “Upcoming Tokens” feature. With this method, they will receive regular updates regarding the project as well as a step-by-step guide on how to claim the token after its launch.
Investors should follow Solaxy’s X and Telegram accounts for more information regarding the project.
Visit Solaxy Presale
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Source: https://en.cryptonomist.ch/2025/05/21/what-is-solaxy-crypto-presale-fundamental-review/