FOMO hit hard over the weekend as Solaxy’s ($SOLX) presale sprinted past $46.2 million, kicking off a six-day countdown for early investors to get in.

More than $1.4 million in $SOLX has been snapped up since June 6, showing traders are racing to lock in the current price before the token lists on top exchanges.

Already deep in development, Solaxy is building the first true Layer-2 for Solana ($SOL). When the stack goes live, which has been announced that it will be this month, it’s set to make Solana far more dependable – not just for meme coins, but for DeFi, gaming, and any high-throughput dApp that needs speed without congestion.

At $0.00175 per token, $SOLX is still a bargain, but the clock is ticking: the price ratchets up every two days.

For anyone who sees Solaxy as the upgrade that can push Solana to the next level, now is the moment to act.

Why $SOL Is Still Undervalued – and What Solaxy Has to Do With It

The price of $SOL dipped as low as $142 last week but has since recovered, currently trading at $153 at the time of writing.

The past 24 hours saw a modest 5.1% increase – a small move considering the macro backdrop, which includes renewed U.S.–China talks set to take place in London this week.

That’s why many still see $SOL as undervalued. While Bitcoin hit a fresh all-time high on May 22, Solana hasn’t come close to retesting its January peak.

Sure, the market is still in Bitcoin season – only 29 of the top 100 altcoins have outperformed BTC recently – but even compared to Ethereum ($ETH), which gained 5.1% in the past 30 days, $SOL underperformed, posting a 9.6% decline over the same period.

And yet, institutional interest in Solana hasn’t faded. Just two weeks ago, Canada-listed firm SOL Strategies filed to raise up to $1 billion in equity and debt to expand its Solana exposure.

DeFi Development Corp also became the first public company to invest in Solana-based liquid staking tokens (LSTs). Leveraging Sanctum’s infrastructure, they launched dfdvSOL, which lets users stake $SOL while keeping it liquid for DeFi participation.

But perhaps the biggest reason investors are holding their fire is because they’re waiting for the catalyst that could unlock a new phase of growth: Solana’s first dedicated Layer-2 scaling solution – and that’s exactly what Solaxy is building.

When One Meme Coin Can Freeze a Network, Layer-2 Becomes Non-Negotiable

The launch of Pump.fun in 2024 breathed new life into Solana’s meme coin ecosystem, sparking a wave of hyper-volatile tokens that reached peak momentum by January 2025.

Leading that surge was the Official Trump ($TRUMP) meme coin – a token launched by U.S. President Donald Trump himself – which briefly became the third-largest meme coin by market cap, trailing only Dogecoin ($DOGE) and Shiba Inu ($SHIB).

But while $TRUMP’s explosive rise pushed Solana-based meme coins into the multi-billion-dollar range, it came at a steep cost. The network struggled under the pressure, triggering widespread congestion.

Solana explorers like Solscan and wallets such as Phantom experienced internal server errors, while even centralized exchanges like Coinbase reported delays of up to 15 hours – all caused by the overwhelming traffic linked to the Trump meme coin frenzy.

Since then, the meme coin sector (like Solana) has yet to reclaim its peak market caps. Broader macro pressures – including renewed U.S.–China tariff tensions reignited by Trump – have also dampened sentiment. But beyond geopolitics, the real takeaway is structural.

Pump.fun showed why Solana is the go-to chain for meme coin trading: fast, cheap, and built for chaos. But the Trump-driven congestion also exposed its limits.

If one meme coin can bottleneck the entire ecosystem, what happens when DeFi, gaming, and other high-throughput verticals scale?

Enter Solaxy – the first dedicated Layer-2 for Solana. By batching transactions off-chain and settling them on Solana’s mainnet, Solaxy eases congestion and unlocks serious throughput upgrades.

Skeptics have long said Solana doesn’t need Layer-2 scaling because of its monolithic design. But the $TRUMP incident proved otherwise. And with $46 million raised so far, the Solana community is clearly betting big on Solaxy as the next evolution of the chain.

The Road Ahead: Solaxy’s Testnet Is Already Running and Time’s Running Out

But it’s one thing to say what you’re going to do – and another to actually show how you’re doing it. For a new project, that distinction is crucial – and it’s something Solaxy has taken to heart.

Right now, Solaxy has already launched its testnet, giving users a real glimpse into what the network can deliver. Users can bridge $SOL from the Solana Devnet via bridge.solaxy.io, deploy contracts using Solana’s native toolchain, move assets across the Solaxy roll-up, and track activity via the Solaxy Explorer.

Furthermore, the Igniter Protocol – Solaxy’s native token launchpad – and its decentralized exchange (DEX) are set to launch shortly.

That’s why FOMO has surged since the final days of the presale were announced. Solaxy isn’t just offering a vision – it’s delivering proof. And this may be the last chance to grab its native token $SOLX at a significantly lower price.

With live infrastructure, visible activity, and growing exposure, the demand for $SOLX is expected to explode once it hits major exchanges.

Only 6 Days Left to Go – Here’s How to Join Solaxy’s Presale

There’s no more time to lose with the presale ending next week. If you have not secured $SOLX at its presale prices, head over to the Solaxy website, connect a supported wallet, and buy $SOLX.

Once purchased, tokens can be staked immediately to grow your holdings passively – with the protocol currently offering a dynamic 87% APY, adjusting based on pool activity.

For the best experience, use Best Wallet, the recommended self-custody option with full presale integration and multichain support.

Join the massively growing Solaxy community on Telegram and X.

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MoonPay, the crypto fintech giant known for its aggressive expansion strategy, is at it again. 

This time, the company has acquired Iron.xyz, a stablecoin infrastructure platform, in yet another move that signals its determination to reshape the digital finance landscape. 

With a track record of strategic acquisitions, MoonPay is proving that it isn’t just playing the game – it’s changing the rules. 

Stablecoins have been a critical piece of the crypto puzzle, ensuring a bridge between traditional finance and decentralized systems. 

Iron’s integration into MoonPay’s ecosystem could mean more robust and seamless fiat-to-crypto transactions, fueling broader adoption. But that’s not where the story ends. 

The bigger picture? Crypto is maturing, and MoonPay is leading the charge. And right on cue, there’s another rising player aiming to push blockchain innovation even further – Solaxy ($SOLX).

What MoonPay’s Move Means for Crypto

MoonPay’s latest purchase aligns with the growing demand for reliable stablecoin infrastructure. In a market where volatility is a given, stablecoins serve as a lifeline, making crypto transactions smoother and more predictable. 

By acquiring Iron, MoonPay is reinforcing its grip on the space, ensuring that users – retail and institutional – can interact with the crypto economy without excessive friction. 

MoonPay’s CEO, Ivan Soto-Wright, highlighted the strategic importance of the deal, saying: 

“This acquisition is a strategic step forward, positioning MoonPay at the forefront of enterprise-grade stablecoin solutions. With Iron’s technology, we’re putting the power of instant, programmable payments into the hands of enterprises, fintechs, and global merchants.”

This isn’t just a small upgrade – it’s a foundational shift. 

With Iron’s infrastructure, MoonPay is making stablecoins more accessible for businesses, opening up a future where cross-border payments happen instantly and seamlessly. 

This positions MoonPay not just as a player in the crypto space but as a serious force in global finance. 

When paired with its earlier acquisition of Helio, a Solana-based crypto payments processor, the direction is clear: MoonPay is building a powerhouse of Web3 financial services.

Solaxy ($SOLX) – Powering the Future of Solana

While MoonPay is busy acquiring stablecoin infrastructure, Solaxy ($SOLX) is all about pushing the limits of what’s possible on the Solana blockchain. 

Solaxy has emerged as a promising new crypto project, combining innovation with a strong community backing. At its core, Solaxy aims to supercharge the Solana ecosystem, enhancing scalability, security, and efficiency. 

Given Solana’s reputation as one of the fastest and most cost-effective blockchains, Solaxy’s innovations could further cement its dominance in the space. But let’s talk numbers, because that’s where things get interesting. 

The Solaxy presale has already raised a staggering $26.6M, and its community is growing at a rapid pace, boasting 72.9K followers on X. 

If you’re looking for one of the best altcoins with massive potential, $SOLX is already making a compelling case for itself. And at just $0.001664 per token, it’s positioned as one of the best presale opportunities in the market today.

In the fast-moving world of crypto, getting in early is often the difference between catching a rocket or missing out entirely. 

Solaxy is one of those projects that could define the next phase of new crypto adoption, offering both investors and developers a fresh playground within the Solana network.

The Bigger Picture

MoonPay’s acquisition spree is a strong signal that the crypto industry isn’t slowing down – it’s just getting started. 

With stablecoin infrastructure becoming more refined and projects like Solaxy pushing blockchain boundaries, the market is evolving into something bigger, smarter, and more accessible. 

If you’re eyeing the best altcoins for 2025, keeping an eye on MoonPay’s moves and Solaxy’s growth could be your best bet.

However, before you invest your money, don’t forget to DYOR (do your own research), as this article is for informational purposes only and doesn’t constitute financial advice. 

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.

AI has become integral to our lives, take it or leave it.

Some use it to find new recipes for dinner, others–for relationship advice. We asked AI what the best crypto to buy now was, and it picked Solaxy ($SOLX).

While ChatGPT’s reasoning is sometimes dubious, this time, the reply makes perfect sense. Solana is expanding rapidly, and the community is bullish.

Yet, network congestion and outages during peak activity remain a problem. Solaxy could be the solution the Solana ecosystem needs to thrive.

Let’s unpack why.

Solana Tokens Surge 9X in a Year, But the Network Isn’t Ready

The cumulative market cap of Solana ecosystem tokens grew from $160B in January 2024 to $903B in January 2025. A nine-fold increase in a year.

For context, the Ethereum ecosystem now has a $933B valuation, so Solana goes neck and neck with the largest network.

This surge happened partially due to no-code launchpads like Pump.fun and partially due to Solana’s efficiency.

Ethereum is mostly reserved for ‘serious’ projects because it offers advanced developer tools but struggles with enormous gas fees.

Solana, on the other hand, can process transfers in seconds at a fraction of a cent. That’s why it became a hotbed for meme coins and DeFi platforms.

Still, Solana is far from its theoretical peak of 65K TPS (transactions per second) and often suffers congestion, which takes away from an otherwise exceptional blockchain.

If we count in another rise in demand due to upcoming $SOL ETFs (exchange-traded funds) from Coinbase, the conclusion becomes painfully clear–Solana needs a reliable scaling solution.

Solaxy ($SOLX) Merges Ethereum’s Rollups with Solana’s Speed for Next-Gen Scaling

Solaxy ($SOLX) is the world’s first Layer-2 network for Solana.

It uses Ethereum’s rollup architecture to offload bundled transactions from the Solana mainnet. Solaxy would then process them off-chain while maintaining the Layer-1 network’s security.

This way, Solaxy could increase Solana’s processing speeds, reduce fees, and prevent failed transactions.

Solaxy’s modular infrastructure with plug-and-play components also simplifies the development of new applications on Solana, from meme coins to complex financial platforms and AI agents.

Due to its efficiency, Solaxy is particularly well-suited for high-frequency apps that deal with real-time interactions or microtransactions.

And, as an Ethereum-based solution, Solaxy bridges Solana with Ethereum for smooth cross-chain transfers of app data and funds.

$SOLX is the network’s utility token, necessary to pay processing fees and grant developers access to Solaxy’s toolbox.

The token presale kicked off in December and has raised over $22.2M so far. Early adopters get to buy $SOLX at a discounted price of $0.00164 (set to increase in mere hours) and stake their tokens at 182% APY.

Analysts predict $SOLX to hit $0.032 after the project team deploys the Layer-2 network. As the ecosystem expands, the demand for $SOLX as its native token will only grow, so we can expect $SOLX to reach $0.02 by 2026 if the project follows its roadmap.

Could Solaxy Push Solana Ecosystem Beyond $1T?

If the Solana ecosystem continues to grow at the same rate, it will soon surpass a $1T market cap. Solaxy might be the scaling solution Solana needs to challenge Ethereum’s dominance and become the largest blockchain.

Given its supportive role in Solana’s success, Solaxy is also positioned for a bullish year. Follow Solaxy on X and Telegram to stay informed about updates to the presale and Layer-2 network launch.

To buy $SOLX, visit Solaxy’s official presale website, connect your wallet, and pay with $USDT, $ETH, $BNB, or a bank card.

Remember that the crypto market is volatile, and even projects with strong fundamentals don’t guarantee returns. Always DYOR and only invest as much as you can afford to lose.