Solaxy (SOLX) Has Defied the Brutal Downturn in the Meme Coin Market, Raising an Impressive $26.2 Million

By building on Solana's Layer 1 foundation, Solaxy preserves the security and efficiency of the network while offering enhanced scalability and transaction speeds.

Despite a brutal market downturn that has seen major meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) battered, one token has defied the odds to smash its presale target and become the hottest new crypto in 2024.

While most meme coins have faced difficulties, with lower-cap projects like dogwifhat, Brett, and SPX6900 suffering particularly steep losses of nearly 25%, Solaxy has emerged as a bullish outlier.

As major meme coins struggle, smaller-cap projects face an even steeper uphill battle. However, one token has defied the odds and is poised for potential tier-one exchange listings.

Solaxy’s Record-Breaking $26 Million Presale: What’s Fueling the Hype?

In an industry first, new Solana Layer 2 project Solaxy has raised a record-breaking $26 million in its presale.

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The project is now on track for potential tier-one exchange listings, which could include Binance, Coinbase (NASDAQ:COIN), MEXC, Bitget, and Bybit.

Such a high fundraising figure signals strong investor confidence and increases the likelihood that major exchanges will either purchase the token at launch or that Solaxy itself will finance these crucial listings—positioning it as an exciting investment prospect.

But Solaxy isn’t just another meme coin. It is a Solana Layer 2 project designed to tackle the network’s pressing scalability and congestion issues.

The recent OFFICIAL TRUMP coin launch on Solana exposed serious flaws, from failed transactions to network slowdowns, underscoring the urgent need for an optimized Layer 2 solution—just as Ethereum addressed similar challenges with the introduction of Base Chain.

By building on Solana’s Layer 1 foundation, Solaxy preserves the security and efficiency of the network while offering enhanced scalability and transaction speeds. This innovation could be a game-changer for the rapidly growing Solana meme coin ecosystem, ensuring smoother, more reliable trading experiences.

Why Investors Are Bullish on Solaxy

Beyond its impressive technical foundation, Solaxy’s branding, user acquisition strategy, and marketing efforts have played a crucial role in its massive presale success.

A well-structured token allocation ensures long-term growth and stability, while the team’s aggressive marketing approach—allocating 15% of funds to major crypto influencers and key opinion leaders—has significantly boosted visibility.

Security remains a top priority, with fully audited smart contracts reducing the risk of scams, and investors have an added incentive through staking rewards, offering up to 155% APY before launch.

With over 72,000 followers on X (formerly Twitter) and engagement metrics reflecting thousands of impressions per post, Solaxy is already fostering a strong and active community. This high level of engagement often translates into stronger post-launch price action, as an enthusiastic community drives early adoption and trading volume.

Can Solaxy Outperform Other Meme Coins in 2025?

Given the ongoing decline in meme coin prices, investors are seeking new opportunities—and Solaxy appears to be the strongest contender.

With a record-breaking $26 million presale, a Layer 2 utility that solves pressing Solana network issues, and potential top-tier exchange listings, this project has the makings of a 10x to 50x return post-launch. For those interested in diversifying into meme coins with strong fundamentals, Solaxy could be the best meme coin to buy now.

Investors can still participate in the presale using Solana, Ethereum, or even a credit/debit card, making it easy for both new and experienced traders to get involved. To take part in the $SOLX token presale visit solaxy.io.