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’s already pulled in over $38M, Solaxy is shaping up to be more than just another meme-fueled gamble.
But is this project the real deal? In this guide, we’ll go over what Solaxy is, how it plans to scale the Solana ecosystem, and whether this token offers real potential.
We’ll cover everything from the project’s tokenomics and staking rewards to community sentiment and the all-important question: is Solaxy legit?
TL;DR Fast Solaxy Token Facts
| 🪙 Coin: | Solaxy ($SOLX) |
| 🏠 Contract Address: | 0xe0b7ad7f8f26e2b00c8b47b5df370f15f90fcf48 |
| 🚀 Current Presale Raise: | $45M+ |
| 🧠 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 is a mix of 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 team has just announced that the presale will be ending on the 16th of June, with a countdown available on their presale website. The replies feature the usual mix of crypto optimism (“to the moon!”), some casual curiosity, and even a listing inquiry 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 presale, 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 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.
At this stage, there’s no evidence to suggest Solaxy is a scam or rug pull, but as with any early-stage 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 Ending — Details on Launch Date
The team has confirmed that the Solaxy presale will officially close on June 16, 2025. While the exact Solaxy launch date hasn’t been announced, there’s strong speculation that $SOLX could go live before the end of the month.
That would align with the project’s roadmap, which targets a post-presale TGE followed by listings on both decentralized and centralized exchanges.
At the time of writing, no specific exchanges have been confirmed. However, given the size of the presale raise, over $44M, and the project’s working testnet infrastructure, it’s reasonable to expect $SOLX to launch first on Uniswap, as the token is currently ERC-20.
These are popular within the Solana ecosystem and often serve as launchpads for new tokens. If the momentum continues, we may also see $SOLX aim for listings on Tier-1 CEXs like KuCoin, Bybit, or even Binance, though nothing has been officially announced yet.
So, is it too late to buy? No. As long as the presale is open, you can still grab $SOLX. The easiest way is through the button below or on Best Wallet, which offers direct presale access and multi-chain support.
➡️Related Guide:
What Happens Next: Features We Can Expect to See on Launch
Based on the roadmap and dev updates, here are some of the features we can expect to see when $SOLX goes live.
$SOLX Token Claim Goes Live
Once the presale ends and the TGE is confirmed, investors will be able to claim their $SOLX tokens directly via the official dashboard.
You’ll likely need to reconnect the wallet used to buy in, and the contract will automatically handle the rest. Claim instructions will be shared via Solaxy’s social channels during the event.
If you staked your tokens during the presale, note that staked tokens can only be unstaked and claimed 7 days after the TGE. This delay supports a smoother post-launch rollout and reduces volatility in the early trading window.
The Solaxy Bridge (Testnet → Mainnet Transition)
At launch, we’re expecting the Solaxy bridge to evolve from testnet to mainnet, allowing seamless cross-chain transfers between Ethereum, Solana, and eventually Base.
This bridge enables users to access Solaxy dApps without needing to swap tokens manually. This is a big deal for UX and ecosystem growth.
Solaxy Layer 2 Blockchain Deployment
The Solaxy Layer 2 blockchain won’t launch immediately at TGE, but it’s on the roadmap and expected to go live later.
When it does, it’ll run as a modular rollup, meaning it will handle transactions off-chain before confirming them on Solana. This setup helps reduce congestion and failed transactions, especially during high-volume periods.
Once live, the L2 will give Solana-based dApps and meme coins a new home with faster speeds and lower fees. All transaction fees on the network will be paid in $SOLX, giving the token real utility as soon as activity ramps up.
Ecosystem Activity & Metrics
Expect real-time metrics like gas usage, transaction volume, and uptime tracking to go live via the Solaxy Block Explorer, which is already active in testnet form. As volume ramps up, token demand may follow, especially if apps start migrating over to take advantage of the scalability boost.
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 occur 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 already live for presale participants, offering a highly attractive estimated 104% APY. Early buyers can lock their tokens and start earning rewards immediately, with tokens and staking rewards becoming claimable after the TGE.
This staking program is a big part of the project’s early value proposition and encourages long-term holding rather than quick flips. As for buying Solaxy, as we noted higher up in this guide, it’s currently only available through the official presale website or Best Wallet.
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 for presales with 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 tokens can claim.
Solaxy’s Price Action: Is it Volatile?
Solaxy’s presale price movement already shows impressive growth. The presale kicked off at $0.0010 per $SOLX and has steadily climbed to $0.00173, marking a 73% increase for early participants.
That’s a pretty good return before the token even becomes tradeable, effectively giving first-round investors a 1.73x gain on paper. However, it’s important to remember that this is a controlled price environment (incremental price increases). Real market volatility will kick in after the TGE and exchange listings.
In terms of funding momentum, Solaxy certainly stands out. It has already raised over $45M, significantly outpacing similar presale projects like MIND of Pepe, which has pulled in just over $9.7M (at the time of writing, of course).
This suggests stronger investor confidence and community backing compared to some of its meme coin peers at the same stage.
Solaxy Coin’s Future: What Does it Look Like?
Solaxy looks like a high-potential infrastructure project that’s still finding its legs. The Layer 2 blockchain is already live on testnet, the presale has raised over $45M, and staking has locked up billions of tokens with an APY of 104%, all pointing to growing traction.
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 team delivers on its roadmap (especially the Layer 2 launch and post-TGE exchange listings), Solaxy could break out in a big way. We estimate it could hit $0.032 by the end of 2025, up 3,100% from the initial presale price of $0.0010.
In a best-case scenario, Solaxy might even climb to $0.20 in 2026, delivering over 12,000% returns to early supporters. But that’s assuming strong community engagement, successful tech execution, and favorable market conditions.
$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 walks a fine line 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, which gives it a bit more credibility than your average degen presale.
Governance remains vague for now. There’s a nod to future governance rights through token holdings, but no concrete DAO plans yet.
Staking, on the other hand, 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 presale 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 presale 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) | $0.002525 | Presale |
| MIND of Pepe ($MIND) | $0.0037515 | Presale |
| Polygon ($POL) | $0.2330 | Live |
If you’re looking for a project that combines meme coin energy with something more tangible, Bitcoin Bull Token ($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.
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Final Verdict: Does Solaxy Have Potential?
Solaxy walks the tightrope between bold vision and typical crypto volatility. On one side, it’s pushing to become the first true Layer 2 solution for Solana, backed by a strong presale that has raised over $45M.
Staking rewards are live with a tempting 104% APY, and the team has delivered early versions of its bridge and blockchain explorer, putting real signs of utility in motion. As one community member put it:
“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?”
The admin highlighted that real utility is already in progress, with testnets for the bridge and block explorer live. They also pointed to the high volume of tokens staked as a sign of long-term investor trust, adding that staking rewards are locked for seven days after launch, making a rug pull scenario highly unlikely.
On the other side, the roadmap still feels ambitious without a lot of hard performance data to back it up, and the 30% token allocation to development could raise concerns if there’s no clear vesting strategy post-launch.
While Solaxy isn’t throwing out any scam signals, it’s still in the speculative category. If the team delivers, it could be a standout Layer 2 project for Solana. But until then, keep your expectations realistic.
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 presale 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 $45M 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 $45M 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 strong presale momentum, but it’s still an early-stage, high-risk project. If the team delivers on its roadmap, it could see major growth. For detailed projections, check our Solaxy price prediction.
5. When does the Solaxy presale finish?
The Solaxy presale is set to end on June 16, 2025. It has already raised over $45M, 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.
