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Solana Conquers DEX Market Despite Traffic Congestion: Is Solaxy Meme Coin the Solution?

Solana Conquers DEX Market Despite Traffic Congestion: Is Solaxy Meme Coin the Solution?

Bitcoinist
by Bitcoinist
8 months ago
·
Posted in Altcoin News, Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Solana seems to be eating Ethereum’s lunch after taking 50% of the decentralized exchange (DEX) market recently. In one instance, it even reached a staggering 89% market dominance.

There are two reasons why Solana is suddenly covered in rocket fuel:

1. The Pump.fun launchpad – which makes it much easier to launch meme coins – has exploded in popularity.

2. The launch of the $TRUMP and $MELANIA coins on the Solana blockchain helped it to become even bigger.

The downside to all this? The increased trading activity put more pressure on Solana than ever before. But good news may be coming down the pipeline.

Could the launch of Solaxy ($SOLX) – the first-ever Solana Layer-2 – cement Solana’s position as the most dominant blockchain in the DEX market?

Jupiter Acquires Moonshot & Solana Surges Despite Congestion and Bottlenecks

Solana got a further boost with the announcement that DEX platform Jupiter – which accounts for 70% of Solana’s transaction volume – has bought Moonshot, a self-custodial app that lets users buy meme coins.

After $TRUMP’s launch, Moonshot shot to the top of the iOS App Store charts, with one million active app users and $400M worth of trades during peak activity.

This is why Jupiter acquiring Moonshot is such a big deal. Thanks to it, Solana’s adoption will keep growing, and its reputation in the meme coin sector should skyrocket. It also puts it in pole position to build momentum and push back all competitors.

However, Solana’s trading surge during the $TRUMP hype (when total transactions went over $20B) also showcased the persistent problems in its infrastructure. More specifically, congestion and bottlenecks, as well as higher transaction fees and, in some cases, failed transactions.

Solana congestion issues
Source: Reddit

This is why investors are keenly watching Solaxy ($SOLX), one of the hottest presales of 2025.

Solaxy L2 to Innovate Solana – Buy Today And Become Part of The Future

Solaxy ($SOLX) is the first Solana Layer-2 (L2) chain in the world, and it promises to upgrade the Solana blockchain to make it lightning fast – and cheaper to boot. Here’s how:

  • Roll-up technology: Transactions are processed off-chain and bundled together, optimizing on-chain validation and reducing congestion.
  • Modular infrastructure: Plug-and-play components allow developers the flexibility to create projects for any use case, from meme coins to financial systems.
  • Off-chain processing: Because transactions are processed on the Layer-2 Solaxy chain, they are faster, more scalable, and cheaper.

This makes Solaxy ideal for high-frequency dApps like gaming ecosystems, micro-transactions, meme coins, and custom financial apps.

If Solaxy succeeds in these objectives, then it could become one of the biggest crypto coin winners of 2025. This makes it a coin you should seriously look at as part of your crypto portfolio.

Imagine how far Solana can go with its existing problems fixed. Big Solaxy gains are definitely possible. There are less than two days before the next Solaxy price increase, so now’s the time to buy your Solaxy coins.

Solaxy website

Just head on over to the Solaxy website and connect your wallet. You can use crypto (like $SOL or $ETH) or a credit card to buy your coins. The current token price is $0.00162, and the staking APY is 243%. So there’s still time to lock in a great price before the next increase.

As well as your coins, you’ll also get governance and voting rights, so you can have a voice in the future of Solaxy and Solana.

Before Buying Solaxy, Do Your Own Due Diligence!

Remember, we only make predictions, not guarantees. Despite our bullish Solaxy outlook, you should do your own research and make an educated decision only after you’ve consulted authoritative sources.

Never spend what you can’t afford to lose. That way, you can have fun investing in crypto without having to worry about telling your partner why you lost the budget for the month’s groceries.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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