Solaxy (SOLX), the newest crypto listing on Uniswap, is going viral with several whales among the early buyers.
One of this year’s most anticipated presales, Solaxy raised over $58 million during its ICO. It’s now live on both Ethereum and Solana, following its launch on Uniswap and Raydium.
The SOLX price is experiencing sharp volatility, as expected with presale tokens going live. However, early whale activity suggests strong confidence and high upside potential.
Notably, prominent analysts had projected 10x to 100x returns for early presale buyers even before launch, suggesting that Solaxy could still have significant upside in the coming weeks and be one of the best new tokens to buy.
Solaxy Launches On Top DEXs, Here’s What Comes Next
Following its successful presale campaign, the popular Solana meme coin Solaxy is now live on top decentralized exchanges, Uniswap and Raydium. Preasale buyers can now claim their holdings. However, those who staked their coins will have to wait till June 30th.
Moreover, it has since been listed on popular platforms like CoinMarketCap, CoinGecko, Birdeye, DexScreener and DEXTools, which is already resulting in high visibility and widespread brand awareness.
Moreover, it continues to establish itself as a crypto asset with strong fundamentals, building on its community-centric tokenomics, transparent smart contract audits and lucrative staking rewards. For instance, it has now locked exchange liquidity, eliminating all risks of a potential rug pull.
All eyes are now on the project’s upcoming CEX listings and the rollout of Solaxy’s Solana Layer-2 chain and full-stack architecture.
As per the recent roadmap, the Layer-2 mainnet will go live on July 7th. SOLX holders will soon benefit from fast and cheap transactions, high scalability and zero downtime, even during high traffic.
Meanwhile, Solaxy’s hyperlane-powered multi-chain bridge also went live today, initially allowing high interoperability between Solana and Ethereum. Soon, it will offer support for every popular blockchain network.
There is also a significant hype for Solaxy’s meme coin launchpad, the Igniter Protocol, which the developer team has been calling the Pump.fun killer. Its first sneak peek is going live on Tuesday at 2 PM UTC, while the launchpad will debut on 21st July.
Users will soon be able to launch their own meme coins on the Solaxy DEX, which will then go live on other top DEX and CEXs.
Check out the project’s X and Telegram accounts for more details.
Is SOLX The Best New Crypto To Buy?
Solaxy remains one of the best new cryptos to buy following its presale launch. It raised over $58 million during its ICO, driven by a wave of six-figure investments from whales.
Whale accumulation hasn’t slowed since the IEO, with large buyers continuing to step in on every dip.
The SOLX price is showing considerable volatility, which isn’t unusual for a new crypto listing.
However, it has now formed a double bottom at a key support level, which could lead to a bullish reversal. Notably, the broader crypto market is staging a strong recovery following US President Donald Trump’s announcement of a ceasefire deal between Israel and Iran. SOLX seems to have launched against an ideal backdrop.
More importantly, there are still a plethora of bullish narratives for the price to rally, including its exchange listings and upcoming mainnet launch.
As previously mentioned, several smart money investors and crypto influencers had previously projected between 10x and 100x returns from SOLX.
After all, Solaxy has established itself as a viable long-term investment. The top Layer-2 projects in every ecosystem, including Bitcoin’s Stacks and Ethereum’s Arbitrum, tend to have multibillion-dollar valuations.
With Solana’s rapid mainstream adoption and ecosystem expansion, Solaxy has the potential to become a key player within it.
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