Solaxy's Presale Raises $33.6M, Meme Coin Market Cap Surges 6.57%

Meme coins, once dismissed as mere novelties, have made a significant comeback in 2025, driven by innovation, real-world utility, and strong community support. Among the standout performers is Solaxy, the first Layer 2 (L2) solution on the Solana blockchain. Solaxy aims to address common issues such as congestion and transaction failures, effectively serving as a second engine for Solana, enhancing its processing capabilities without compromising speed or cost-efficiency.

Solaxy leverages rollup technology to bundle thousands of off-chain transactions into a single submission to the Solana mainnet. This approach minimizes on-chain load while maintaining data finality and integrity, resulting in a more reliable and scalable Solana network. The project has already launched its Block Explorer, providing users with real-time visibility into L2 transactions, a level of transparency uncommon for presale projects. Solaxy's roadmap includes three stages: the presale and staking phase, the Token Generation Event (TGE) and listings, and finally, the deployment of the Solana solution.

Solaxy's presale has been a resounding success, raising over $33.6 million so far. The project secured its first $2 million within a week of launch. Users can stake their $SOLX tokens during the presale, with a dynamic Annual Percentage Yield (APY) currently at 120%. To date, 9.61 billion $SOLX tokens have been staked, with rewards distributed at a rate of 4,377.4 tokens per Ethereum block over three years. Solaxy has reserved 25% of the total token supply to reward early supporters.

The current price of $SOLX is $0.001718, but this is set to increase with the next presale round. Interested investors are encouraged to act quickly to secure tokens at the current low price. The meme coin market has seen a surge in activity, with a 6.57% increase in market cap over the past 24 hours, totaling $56.59 billion. The 24-hour trading volume of meme coins has also risen by 11.44%, standing at $6.04 billion. Notable performers include Mog Coin, which increased by 38.87%, and Basenji, up by 24.39%.

Solaxy's multi-chain approach, operating on both Ethereum and Solana, adds another layer of utility. The project's development upgrades include optimizations to transaction processing, seamless asset transfers, and rollup infrastructure. With its ambitious goals and innovative technology, Solaxy is poised to be one of the top meme coins in 2025, offering significant potential for investors.