Solaxy Surges 150% Amidst Crypto Rally and ETF Anticipation

Solana meme coins have recently experienced significant price surges, potentially anticipating the imminent approval and launch of spot SOL ETFs. Among these, newer meme coins like Solaxy (SOLX) have garnered considerable attention. Solaxy, which gained prominence as the first notable Solana Layer-2 coin, raised nearly $60 million in its presale. The token's price has surged by nearly 150% since the start of the week, driven by multiple centralised exchange (CEX) listings and the rollout of the Solaxy ecosystem.

Solaxy is benefiting from the broader crypto market rally, with Bitcoin surpassing $110k and Ethereum and Solana clearing key resistance levels. As the bull market euphoria returns, new low-cap meme coins are once again in the spotlight. Solaxy, in particular, appears poised for an explosive rally. On June 30th, the SOLX price hit its macro bottom after claims went live for staked tokens. Since then, it has surged by more than 150%, currently trading at $0.00137. Elliot Wave analysis suggests that the corrective A-B-C move is over, and a new 5-wave upside move is underway, which could result in a new all-time high. The SOLX price has flipped the key $0.00112 support/resistance level and has continued to hold above it despite several retests.

In addition to the broader market rally, Solaxy is benefiting from its new CEX listings, debuting on MEXC on Wednesday and going live on LBANK. The rollout of Solaxy’s Layer-2 ecosystem is also adding to the bullish momentum. The mainnet is already live, and its highly anticipated meme coin launchpad is scheduled to go live on July 21, followed closely by the debut of its native decentralised exchange (DEX), Neptoon. Many experts had previously called SOLX the next 10x crypto. It now appears possible that the meme coin reaches $0.0044 in the coming weeks, which would be a 10x rally from its June 30th low.

With a new crypto market rally underway, new meme coins are back in the spotlight. Particularly, the new Bitcoin-themed meme coin, BTC Bull (BTCBULL), couldn’t have picked a better launch date. BTCBULL is set to go live on exchanges on July 7th, right in the middle of a bull market. Its presale has already raised nearly $8 million, a sign of high upside potential and strong community support. Bitcoin-themed meme coins are rare, which is one of the key reasons behind BTC Bull’s early success. The other is the strong demand for free Bitcoin. BTCBULL holders will receive free BTC airdrops, benefits from token burn events and a massive BTCBULL airdrop when the Bitcoin price hits certain set milestones. BTC Bull has tied itself to Bitcoin’s long-term growth trajectory, establishing itself as a way to bet that BTC will continue its forward march. Unsurprisingly, smart money investors are taking the bet. BTCBULL has already established itself as the best new meme coin to invest in. In fact, many prominent experts are calling it the next 100x crypto, especially considering it is a viable long-term investment.