Solaxy (SOLX) Price Expected to Rise as Solana Layer 2 Launches on DEXs, Major Exchanges to Follow

The new Solana Layer 2, Solaxy (SOLX), has been listed on decentralized exchanges today. SOLX is available for purchase on Uniswap and Raydium DEXs, among others, as anticipation builds for this innovative scaling solution.

Operating on both Ethereum and Solana networks, SOLX was among the largest ICOs of the year, securing $58 million in investment.

The SOLX token was made available at 2 pm UTC. At that time, presale buyers could also claim their tokens directly from the Solaxy website. The token has quickly stabilized following some initial profit-taking by early presale investors.

The token’s launch occurs amid fluctuations in the broader cryptocurrency market, driven by concerns regarding an escalating conflict in the Middle East and its potential effects on the global economy.

Nevertheless, the eagerly awaited coin launch has SOLX trending in the No.2 position on Dexscreeener as market participants monitor developments for a favorable entry point.

Those who did not participate in the presale are still early to this opportunity, as Solaxy positions itself as the primary layer 2 solution within the Solana ecosystem.

This journey accelerates on July 7 when the mainnet and block explorer are set to go live, followed by the launch of the native DEX, Neptoon, on July 14, and the Igniter launchpad on July 21.

Looking for more reasons to consider buying during the dip? The website confidently states that SOLX will be “launching on major exchanges,” indicating that a price-influencing listing may be forthcoming.

The $SOLX Token and Claim is LIVE
This is not a drill. Solaxy is here.
Buy Yours Now
ETHhttps://t.co/aFZqreQJlM
SOLhttps://t.co/puzbobt9Ih pic.twitter.com/YT7qDg9aZd

— SOLAXY (@SOLAXYTOKEN) June 23, 2025

SOLX liquidity is secured as trading volume exceeds $1.3 million

After climbing above $0.0014 and subsequently dipping to $0.00058, profit-taking diminished as buyers stepped in to elevate the price back to $0.000968.

SOLX is currently listed at $0.00179, having been priced at $0.001766 at the conclusion of its presale. The presale’s initial price was $0.001, granting early investors a 40% nominal profit at the day’s peak.

The Solaxy token has already achieved a market capitalization of $60 million, with its initial trading volume surpassing $2 million within the first 10 minutes of trading.

As per Dextools, there are 6.83k holders of the token, and confidence in the project remains strong – the Dextools reliability score is currently at 85/99.

Importantly, the $1.2 million SOLX/WETH liquidity pool is locked, reinforcing the project’s credibility and alleviating concerns about potential rug pulls or other malicious activities.

Within moments of its launch on Uniswap, the coin began trending on the popular crypto trading platform Dexscreener. Additionally, through a special arrangement with CoinMarketCap, SOLX has been promptly listed on the leading crypto data site, further boosting the project’s visibility on its crucial first trading day.

$SOLX is LIVE on Dex Screener!

ETH:https://t.co/FnkT1j6dvq
SOL:https://t.co/lg5z66eylF pic.twitter.com/5CUwnzH8l2

— SOLAXY (@SOLAXYTOKEN) June 23, 2025

Bridge, burns, staking demonstrate Solaxy’s potential for significant growth

Encouraging buyers is the impressive launch timeline revealed prior to the listing, which suggests that a significant centralized exchange listing is forthcoming, following the project’s successful presale that raised over $58 million, including two million in the last 72 hours alone.

Price-supportive staking, currently offering a 74% yield on tokens locked for 12 months, has also attracted the interest of market participants seeking projects with practical applications and long-term value potential. Those who staked their SOLX during the presale can begin unlocking their tokens from June 30.

With this momentum, Solaxy’s market positioning as the layer that will enable Solana to realize its full potential as the leading commercial blockchain is becoming increasingly solidified.

Moreover, in recent days, there has been a surge in token burning activity, resulting in a total burn of 55 billion SOLX, which has decreased the total token supply by 39.8%, from 138,046,000,000 to 82,999,999,899.

This reduction in supply further supports the price, as increased scarcity enhances the token’s valuation potential.

Confidence in the project continues to be bolstered by the team’s impeccable execution of product rollouts. Today, the Solana-Ethereum bridge was launched seamlessly, with the complete SOLX Ethereum-Solana bridge set to be introduced on July 7.

This is a significant milestone that offers users access to the advantages of both Ethereum’s liquidity and Solana’s growing transactional activity, which is becoming a hub for meme coins and increasingly attracting institutional investors.

Significant investment interest in the Solana ecosystem suggests a forthcoming Solaxy price surge

There has been a surge of Solana ETF applications, now including Grayscale, VanEck, 21Shares, Bitwise, Canary Capital, and Franklin Templeton, along with a rising number of publicly traded companies holding Solana treasuries.

Canadian firm SOL Strategies is among the frontrunners – it holds SOL and acquires validators, and is in the process of filing to list on Nasdaq in addition to its Canadian listing.

The increasing activity on-chain and at the intersection of traditional finance and the emerging digital asset class presents Solaxy with a significant growth opportunity.

Addressing the network congestion issues that can affect Solana during peak usage will position Solaxy as the sole viable solution to tackle these challenges.

Solaxy’s extensive suite of tools not only improves Solana’s transaction throughput but also opens up new possibilities in DeFi, gaming, and general dApp development.

Enhanced transactions-per-second capabilities lead to reduced costs and improved efficiency – benefits that will positively impact all sectors of the Solana economy, particularly DeFi and gaming. This will also reinforce Solana’s status as the preferred chain for meme coins.

Solaxy enhances Solana’s speed, and the Igniter launchpad is set to outperform pump.pad

When the Solaxy Igniter launchpad launches on July 21, it is expected to do so with trading fees that will likely undercut pump.pad, allowing it to capture a significant share of the meme coin launching and trading market.

As the only project of its kind within the Solana ecosystem, Solaxy is poised to play a crucial role in scaling the network’s future, which could lead to substantial appreciation of SOLX as adoption grows.

You can acquire Solaxy through the Solaxy website or on DEXs like Uniswap.

Stay informed about project updates and product launches by joining the Solaxy community on Telegram and X.

The post Solaxy (SOLX) Price Set to Heat Up as Solana Layer 2 Lists on DEXs, Major Exchanges to Follow appeared first on Cryptonews.