What is Solaxy, and why is it suddenly everywhere in crypto circles? With its bold claim of becoming Solana’s first true Layer 2 network and a presale that pulled in over $58M, Solaxy is shaping up to be more than just another meme-fueled gamble.
But is this project the real deal? In this guide, we’ll go over what Solaxy is, how it plans to scale the Solana ecosystem, and whether this token offers real potential.
We’ll cover everything from the project’s tokenomics and staking rewards to community sentiment and the all-important question: is Solaxy legit?
TL;DR Fast Solaxy Token Facts
| 🪙 Coin: | Solaxy ($SOLX) |
| 🏠 Contract Address: | 0xe0b7ad7f8f26e2b00c8b47b5df370f15f90fcf48 |
| 🚀 Total Raised in Presale | $58M+ |
| 🧠 Type: | Meme + Layer 2 Scaling |
| 🗓️ Presale Start Date: | Dec 13 2024 |
| 🗓️ Presale End Date: | June 16 2025 |
| 📈 Price Increase (at the Time of Writing): | 72.8% since the first presale phase |
| 👥 Community: | 75K+ X followers | 13K+ Telegram members |
| 🛡️ Contract Safety: | Coinsult Audit – No Risks/Issues Detected |
What is Solaxy: No-Hype Definition
Solaxy is a crypto project built to solve real technical issues in the Solana ecosystem, not just ride the hype of meme culture. Though it does lean into community-driven growth, it aims to be a Layer 2 scaling solution designed to make Solana faster, cheaper, and more reliable.
While it has the playful vibe typical of meme coins, Solaxy backs it up with genuine infrastructure goals — to become the go-to platform for fast transactions, gaming ecosystems, and low-cost micro-payments.
Origin Story for Solaxy
The Solaxy origin story combines real engineering ambition and meme-fueled community hype.
Launched by Solaxy Tech Ltd., a registered company in the British Virgin Islands, the project aims to fix critical issues in the Solana ecosystem (network congestion, poor scalability, and transaction reliability).
Unlike most meme coins that rely purely on viral marketing, Solaxy backs its hype with a clear technical vision: to become the first true Layer 2 scaling solution for Solana, unlocking faster transactions and new use cases for dApps and micro-payments.
The presale officially went live on December 13, 2024, marked by a then-pinned tweet from the team. While it’s tough to say how much traction the tweet got immediately, it has since racked up over 900,000 views, suggesting a massive build-up of interest.
The Solaxy presale officially ended on June 16, and the project has now transitioned to live trading. Community responses have ranged from classic crypto optimism (“to the moon!”) to listing inquiries, including one from SWFT Blockchain.
Though, as always in crypto, it’s hard to separate genuine community buzz from the usual bot and low-effort engagement on social media platforms.
Visit the Official Solaxy Website
Is Solaxy Legit?
Solaxy has taken steps to present itself as a legitimate project, but as with any project, the final judgment will depend on how the team follows through after launch. Here’s a closer look at its audit results and anti-rug mechanisms:
Audit & Safety Measures
Coinsult, a well-known crypto auditing firm, officially audited the smart contract. According to the report, Solaxy’s contract passed all major vulnerability checks with no high, medium, or low-risk issues detected. A huge plus.
The audit confirmed that:
- ✔️The contract cannot mint new tokens, which helps prevent future inflation
- ✔️The contract doesn’t allow blacklisting wallets, preventing arbitrary restrictions on who can trade
- ✔️Trading doesn’t require manual activation by the owner, which avoids potential honeypot scenarios
- ✔️The owner can’t pause the contract or manipulate maximum transaction limits, reducing centralization risks
The audit certificate and full report are publicly available on Coinsult’s official site.
Anti-Rug Mechanisms
As a former new presale meme coin, some typical post-launch safeguards, like locked liquidity pools, aren’t applicable yet.
Solaxy has, however, outlined a clear Token Generation Event (TGE) process, after which tokens will become claimable and tradeable on both centralized and decentralized exchanges.
There was no evidence to suggest Solaxy is a scam or rug pull, but as with any crypto project, there’s always inherent risk. Until tokens are distributed and trading begins smoothly post-TGE, it’s impossible to say with certainty that it’s fully safe.
That said, based on what we’ve seen (public testnets, a responsive team, a clear roadmap, and clean audit results), Solaxy doesn’t set off any alarm bells. If anything, it looks like one of the more prepared projects in the current presale landscape.
Still, this is crypto, and even projects that tick every box can flop after launch; that’s just the game. Treat it like any speculative play: manage your risk, keep your expectations grounded, and only invest what you’re cool with losing.
Solaxy Presale is Over — Details on Launch Date
The Solaxy presale officially closed on June 16, 2025, and $SOLX is now live.
As outlined in the roadmap, the token launch followed swiftly after presale completion, with $SOLX now available for trading, currently on Uniswap and via the official Solaxy website.
While no centralized exchanges (CEXs) have been officially announced yet, the project’s strong fundamentals — including a working testnet, over $58M raised, and growing community support — suggest that Tier-1 listings (like KuCoin, Bybit, or even Binance) could be on the horizon.
So, is it too late to buy? Not at all. You can still grab $SOLX on Uniswap or directly via the official Solaxy platform. Best Wallet remains the easiest tool for the job, offering one-tap purchase access and seamless multi-chain support.
➡️ Related Guide:
What’s Live Now – And What’s Coming Next for $SOLX
Based on the roadmap and recent dev updates, here’s what’s already live with $SOLX and what new features are expected to roll out soon.
$SOLX Token Claim Goes Live
Now that the presale has ended and the TGE has taken place, investors can claim their $SOLX tokens directly through the official Solaxy dashboard.
Just reconnect the wallet you used to purchase, and the contract will handle the rest. Claim instructions have been shared via Solaxy’s official social channels.
If you staked your tokens during the presale, remember that they can only be unstaked and claimed seven days post-TGE — a feature designed to ease early trading volatility and ensure a smoother rollout.
The Solaxy Bridge (Testnet → Mainnet Transition)
With $SOLX now live, the Solaxy bridge is expected to transition from testnet to mainnet soon, enabling seamless cross-chain transfers between Ethereum, Solana, and eventually Base.
This upgrade will allow users to access Solaxy dApps without manual token swaps — a major win for user experience and overall ecosystem growth.
Solaxy Layer 2 Blockchain Deployment
The Solaxy Layer 2 blockchain didn’t launch at TGE, but it remains a key milestone on the roadmap and is expected to go live in a later phase.
Once launched, it will operate as a modular rollup, processing transactions off-chain and settling them on Solana. This structure will reduce network congestion and minimize failed transactions during peak activity.
The L2 will serve as a high-speed, low-cost home for Solana-based dApps and meme coins. All network transaction fees will be paid in $SOLX, immediately driving utility and reinforcing demand as the ecosystem grows.
Ecosystem Activity & Metrics
Real-time metrics like gas usage, transaction volume, and uptime tracking are expected to roll out via the Solaxy Block Explorer, which is already live in testnet form.
As on-chain activity increases and more apps begin leveraging Solaxy’s scalability, token demand could rise in tandem.
Solaxy Coin Tokenomics: Full Breakdown & Discussion
The Breakdown (Click to Expand⬇️)
| Token Supply | — 138,046,000,000 $SOLX |
| Tokenomics | — Development Fund – 30% — Staking Rewards – 25% — Treasury – 20% — Marketing – 15% — Listings – 10% |
The project’s tokenomics are fully disclosed, with 30% allocated to development and 15% to marketing. While these funds are under team control, they’re earmarked for ecosystem growth, not personal enrichment.
Still, with nearly half the supply designated for team-managed initiatives, that’s a significant amount of influence over token flow. There’s no published vesting or lock-up schedule yet, which introduces some uncertainty around how and when these tokens will be used.
It is worth noting that there’s no hidden allocation or undisclosed private presale; all token sales occured through the public presale, following an incremental pricing model that rewards early buyers.
However, there’s no mention of any deflationary mechanics like token burns or capped future supply reduction. This means the supply is fixed at the current total, and while minting is disabled (confirmed by the audit), the project doesn’t have any mechanisms to reduce circulating supply over time.
Whether this leads to long-term inflationary pressure will largely depend on the effectiveness of its staking incentives and the adoption of its Layer 2 network.
What Does Solaxy’s Ecosystem Look Like?
The Solaxy ecosystem is primarily focused on building real infrastructure rather than leaning fully into the meme coin space, although it does borrow some of that viral, community-driven energy.
It’s not a DAO and doesn’t have a formal governance framework in place yet, but the whitepaper hints at potential governance rights through token holdings in the future. Specifically, it states that holders may be able to influence decisions on protocol upgrades and ecosystem growth.
While there’s no timeline or structure laid out yet, it shows the team is at least considering a shift toward community input down the line. For now, token holders don’t participate in project decisions – control still sits firmly with the development team.
Staking is now live and open to all $SOLX holders, offering an attractive estimated APY of up to 68%. Early buyers who staked during the presale are already earning rewards, with both tokens and staking yields claimable after the TGE.
This staking program remains a core part of Solaxy’s early value strategy, incentivizing long-term holding over short-term flipping. As for buying $SOLX, it’s now available via the official website or on Uniswap, with Best Wallet offering seamless purchase and staking access.
Community: What’s the Sentiment?
On X, the project has gained significant visibility with over 75K followers and has also attracted mentions from YouTube influencers like Netcrypto. It’s safe to say that Solaxy’s community is active and growing, but not without its critics.
Though comment sections often mix genuine excitement with typical presale skepticism. Claims of it being a potential rug pull have surfaced, primarily centered around the high token allocations and promotional tone.
That said, none of these claims have been verified, and no evidence has been presented to back them up. It’s mostly speculation, which is common when presales have a meme appeal and ambitious marketing.
The good news is that the team remains engaged with Telegram admins, who respond quickly to any concerns. Overall, as with most early-stage crypto projects, the community swings between hype and hesitation.
But we must say that Solaxy is doing more than most projects we’ve reviewed to maintain transparency, which helps balance out the negativity. It’s also worth noting that even Shiba Inu was written off as a Dogecoin clone with no utility in its early days.
What matters is what the team actually delivers on. And to be fair, the Solaxy Block Explorer went live in April, letting users track testnet transactions, and the Testnet Bridge launched in mid-May, enabling native SOL transfers between Solana and Solaxy’s testnet.
Progress like this gives the project more credibility than most presale or post-presale tokens can claim.
Solaxy’s Price Action: Is it Volatile?
Solaxy’s presale delivered strong price growth, launching at $0.0010 and climbing to $0.00173 by the end — a 73% gain for early participants.
Now that $SOLX is live and trading, the token has entered real market conditions where price volatility will be driven by actual demand, exchange activity, and overall market sentiment — no more controlled price tiers.
Regarding fundraising, Solaxy raised over $58M, far outpacing comparable meme projects like Snorter ($SNORT), bringing in just over $1.2M. That kind of capital raise signals robust investor confidence and long-term community backing.
Solaxy Coin’s Future: What Does it Look Like?
Solaxy is shaping into a high-potential infrastructure project with strong early momentum. Its Layer 2 blockchain is live on testnet, the presale raised over $58M, and staking has already locked up billions of $SOLX tokens with an APY of up to 68% — clear indicators of growing traction and community commitment.
Its narrative of “fixing Solana’s scalability” continues to resonate with early investors, especially as Solana itself battles congestion from meme coin mania and rapid dApp growth.
If the Solaxy team delivers on key roadmap milestones — including the mainnet Layer 2 launch and expanded exchange listings, $SOLX could see significant growth. Based on current projections, the token could reach $0.032 by the end of 2025, representing a 3,100% increase from its original presale entry price of $0.0010.
In a more optimistic 2026 scenario, assuming strong community engagement, seamless tech deployment, and a favorable market cycle, $SOLX could climb as high as $0.20, offering early buyers up to 12,000% returns.
$SOLX Price Prediction Summary (Click to Expand⬇️)
| Year | $SOLX Forecast Low ($) | $SOLX Forecast High ($) |
|---|---|---|
| 2025 | $0.0024 | $0.032 |
| 2026 | $0.0025 | $0.2 |
| 2030 | $0.003 | $0.043 |
For a full breakdown of how we got the forecasted highs, lows, and everything in between, check out our full Solaxy price prediction for 2025–2030.
Solaxy Coin’s Whitepaper: What Does it Say?
Solaxy’s whitepaper distinguishes between big-picture crypto ambition and technical credibility. It’s clear the team wants this project to be seen as more than a standard meme coin. But let’s not kid ourselves, there’s still a healthy dose of marketing lingo involved.
You’ll find grand claims about “unlocking Solana’s full potential” and delivering an “intergalactic Layer 2 experience,” but beneath that space-themed bravado, there’s a reasonably well-structured plan.
However, while the tech vision sounds promising, the whitepaper doesn’t dig into performance metrics or provide the kind of hard data that would satisfy serious skeptics.
The roadmap is broken down into three clear phases: presale, token generation and listings, and the full deployment of the Layer 2 network. It avoids wild claims about instant mass adoption, giving it more credibility than your average degen crypto project.
Governance remains vague for now. There’s a nod to future governance rights through token holdings, but no concrete DAO plans yet.
Staking, however, is fully fleshed out, with a detailed breakdown of dynamic rewards and a hefty 25% of total supply set aside for early backers locking up their tokens.
The team is partially transparent. You know their company, Solaxy Tech Ltd., is based in the British Virgin Islands, and Managing Director Manish Pillai is publicly named. It’s not full doxxing, but it’s a step up from the completely anonymous teams running plenty of other projects.
In terms of effort, this isn’t a slapped-together PDF. The whitepaper is well-designed, clearly organized, and backed by an independent audit from Coinsult. It’s got marketing flash, but also enough substance to keep serious investors watching.
Just remember this is a blueprint, not a finished product. Execution will tell the real story.
Solaxy Risks and Red Flags
Every project comes with baggage, and Solaxy is no exception. While it doesn’t flash any warning signs of a rug pull, there are factors worth keeping on your radar. One concern is the large 30% token allocation to the development fund.
That’s a sizable chunk of supply sitting under team control, and without any clearly defined lock-up or vesting schedule, it leaves the door open for heavy sell-offs once $SOLX hits the open market.
The key thing missing is transparency around how and when those funds will be deployed. For a project that leans heavily on community trust, this could rattle confidence fast if not handled transparently.
The whitepaper, while polished, also feels light on hard technical data. There’s no published benchmark on transaction speeds, no detailed performance goals, and no clear timeline for how the Layer 2 network will move from testnet to full deployment.
It’s all vision, with little measurable proof yet. It’s a good vision, granted, and some proof should come once the launch takes place.
Liquidity concerns are also on hold until after the TGE, which means no locked liquidity or post-launch trading protections are in place yet. That’s typical for presale projects, but some might still see it as a risk.
To their credit, the team does acknowledge these risks openly in the whitepaper, including a full legal disclaimer and reminders that $SOLX isn’t a financial product under EU regulations. That level of disclosure suggests they’re at least conscious of regulatory scrutiny.
Solaxy Alternatives: Similar Coins You Should Consider
If Solaxy doesn’t quite hit the mark for you, don’t worry, the crypto space is overflowing with other high-risk, high-reward opportunities. Here are some of the main ones making waves right now:
| Alternative | Current Price | Stage |
|---|---|---|
| Bitcoin Bull Token ($BTCBULL) | $0.00258 | Presale |
| Snorter Token ($SNORT) | $0.0961 | Presale |
| Bitcoin Hyper ($HYPER) | $0.012 | Presale |
If you’re looking for a project that combines meme coin energy with something more tangible, Bitcoin Bull Token ($BTCBULL) stands out. It lets you earn real $BTC.
Holders receive $BTC rewards at key price levels ($100K, $150K, and beyond), and with every milestone, a portion of the $BTCBULL supply is burned, increasing scarcity.
What makes BTC Bull Token really interesting is accessibility. You don’t need to shell out thousands for a whole Bitcoin or mess around with complicated BRC-20 wallets.
Just buy on Ethereum, hold $BTCBULL, and earn Bitcoin rewards directly through Best Wallet’s multi-chain platform. Add in high APY staking rewards and a deflationary burn model, and you’ve got a token that actively works to grow your portfolio as Bitcoin does its thing.
If you’re betting on BTC’s inevitable march to $1M, this might be the smarter, more rewarding way to hitch a ride.
➡️ Related Read:
Final Verdict: Does Solaxy Have Potential?
Solaxy walks a fine line between bold ambition and the usual crypto volatility. On the one hand, it aims to become the first true Layer 2 solution for Solana, and it’s off to a strong start with over $58M raised during its presale.
Staking is now live with an enticing 68% APY, and the team has already rolled out working testnet versions of both the bridge and block explorer, signaling real utility in motion. One community member summed it up well:
“I’m genuinely interested in the project and want to support it long-term (already bought multiple times), so I hope it’s okay if I ask a few questions for clarity. How do you ensure long-term sustainability and prevent the risk of a rug pull perception?”
On the flip side, the roadmap is still ambitious, and until the Layer 2 mainnet launches, hard performance data is limited. The 30% token allocation to development might also raise eyebrows without clear post-launch vesting details.
Solaxy doesn’t flash any red flags, but it’s still in the speculative phase. If the team keeps executing, it could cement itself as a standout L2 project on Solana. Until then, keep your expectations grounded.
Ready to take a calculated bet? You can grab $SOLX directly from the official site or swap for it on Uniswap using Best Wallet for a smooth, all-in-one experience.
If you’re ready to place a calculated bet, grab your $SOLX through the official website (just click the button below) or pick it up via Best Wallet for a hassle-free experience.
Reminder: Play it smart, manage your exposure, and remember to DYOR (Do Your Own Research). No one gets rich in crypto by following the crowd blindly.
FAQs
1. What is Solaxy?
Solaxy is a Layer 2 scaling project built on Solana, designed to improve transaction speeds, lower fees, and reduce network congestion. Its native token, $SOLX, powers the ecosystem and offers staking rewards.
While it has meme coin appeal, it focuses on real infrastructure through its blockchain explorer and bridge, which are currently in testnet.
2. Is Solaxy legit?
Yes, Solaxy is credible. It’s one of the few projects that has delivered actual products, like a working testnet, a live block explorer, and a functional bridge. It completed a smart contract audit with Coinsult and raised over $58M in its presale.
While no crypto project is risk-free, the development of actual utility and transparent tokenomics adds a level of credibility.
3. Is Solaxy popular?
Yes, Solaxy has gained significant traction during its presale, raising over $58M and attracting a community of 75k+ X followers and over 13k Telegram members. Its staking program and promises of Layer 2 scalability have kept the hype building.
4. Is Solaxy coin a good investment?
That depends on your risk tolerance. Solaxy offers a promising Layer 2 solution and has already gained strong traction post-launch, but it’s still an early-stage, high-volatility project. The upside could be significant if the team continues to hit roadmap milestones. For detailed projections, check our Solaxy price prediction.
5. When does the Solaxy presale finish?
The Solaxy presale ended on June 16, 2025. It raised over $58M, with over 145,000 transactions processed. While exact wallet counts haven’t been disclosed, the volume of activity points to strong early demand and broad participation.
