Solaxy’s meme coin ICO eyes $20M—is it worth considering? Combining meme culture with layer-2 technology, it aims to enhance Solana blockchain transactions by reducing congestion and fees. Promising cross-chain interactions and an innovative ecosystem, Solaxy has drawn substantial community attention and investment
Solaxy is one of the most-awaited meme coins in 2025. The project is currently hosting a presale of its native token SOLX and is about to break the $20 million milestone.#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}
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Despite the ups and downs in the market, the Solaxy presale has been racing ahead. What is behind the massive success of the project? Here is a closer look.
Meme culture meets layer-2 innovation
Since the grand opening of the presale, Solaxy has been compared to projects such as Arbitrum and Optimism. The similarity lies in their focus on layer-2 innovation. However, Solaxy brings meme culture into the mix––a clever new fusion of Pepe and Einstein.
Solaxy is unwilling to settle for the fleeting hype that accompanies a Pepe tag. Sure, it publishes attention-grabbing posts on social media with vibrant illustrations and bold narratives. The charismatic frog mascot with the Einstein energy has played a key role in the project’s community building.
Spotlight WireSolaxy boasts a large following on both Twitter and Telegram, with around 66,000 and 6000 members, respectively. However, there is more to the project.
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Solaxy aims to become more than just another meme-coin fad. Instead, it focuses on delivering value to investors with a scaling solution dedicated to the Solana blockchain.
Layer-2 magic on Solana: The first of its kind
Solana is a top favourite among crypto investors and developers alike. However, that doesn’t mean it is flawless. The blockchain often faces congestion issues and agonises investors with high transaction fees and delays. In heavy traffic, Solana is a frustrating network to navigate.
It’s about time this problem is addressed, believes the Solaxy team. They have set out on a journey to resolve these issues and accelerate Solana's adoption.
Recent network stress tests spotlight the importance of layer-2 solutions in driving Solana’s further growth. With the crypto market awaiting another series of rallies this year, Solana can’t afford to deal with more transaction delays and failures.
Solaxy processes transactions off the main Solana blockchain and bundles them back together without compromising security. Solaxy is also planning to build an innovative ecosystem for cross-chain interactions between Solana and Ethereum. It could have promising results in the non-fungible tokens (NFTs), decentralised finance (DeFi), and gaming niches.
Spotlight WireThe project combines roll-up technology with side-chain processing in a hybrid model to bring its vision alive. The architecture is ambitious. However, if developers get through the challenges and bring the project alive as per the white paper, Solaxy has the potential to be a layer-2 star. The full deployment of Solaxy Layer 2 is scheduled after the token listing. After this, the project will focus on onboarding dApps and multichain integrations. The goal is the adoption of Solaxy for high-volume use cases and consistent innovation.
https://x.com/SOLAXYTOKEN/status/1886457851461226601
Tokenomics, security audit, and passive rewards
Solaxy’s tokenomics reflects the project’s focus on long-term development and community building. For example, 20% of the supply is held in reserve, while 25% goes to early support as passive rewards. Incentivisation will be at the heart of generating interest in the project and preventing early-stage sell-offs.
Fifteen per cent of the supply goes to marketing, while 10% is allocated for liquidity to ensure a smooth launch after the presale. The largest allocation, however, is for project development with 30% of the supply being set aside for this.
Proactive steps have been taken to ensure the security aspect of the project. For example, the SOLX smart contract has undergone a security audit by the popular blockchain security firm Coinsult.
If the presale is any sign, the crypto community is optimistic about the project. The project has drawn the attention of top crypto influencers and communities. Solaxy has also been featured on CoinSniper.net and ICOHotList.com for its high-potent project.
Almost $20 million raised: Is it too late to buy?
The SOLX presale is still live. Investors who have a crypto wallet such as Metamask or Best Wallet can readily join the presale in a few clicks. It supports both crypto and fiat purchases.
Spotlight WireHaving raised nearly $20 million already, the sell-out is on the horizon. With each new stage of the presale, the price goes up.Visit the Solaxy (SOLX) presale.
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This story originally appeared on: India Times - Author:Faqs of Insurances
