Latest Solaxy (SOLX) News Update

Deep Dive

1. Strategic Presale Expansion (8 August 2025)

Overview: Solaxy extended its presale fundraising to $14 million, targeting institutional interest through high-yield staking (70% APY) and signaling imminent listings on undisclosed major exchanges. This follows its June 2025 $58M presale record for Solana-based projects.
What this means: The tiered presale structure incentivizes early participation while building liquidity for exchange debuts. However, the project’s self-reported circulating supply of 82.99B tokens (≈$27M market cap at $0.000325) suggests heavy dilution risk if demand doesn’t match post-listing sell pressure.
(Coinspeaker)

2. Deflationary Token Burn (23 July 2025)

Overview: Solaxy burned 25% of its token supply (≈20.75B SOLX worth $62M at July prices) to address concerns about its 82.99B circulating supply. This followed a 127% price surge post-MEXC listing in early July.
What this means: The burn temporarily tightened supply, but SOLX remains down 62% from its July peak ($0.00086 → $0.000325). Sustained deflation depends on roadmap execution, including planned burns tied to transaction fees. Analysts note similar post-burn retracements in low-float tokens like BONK.
(Bitrue)

3. CEX Listing Roadmap (18 July 2025)

Overview: Solaxy confirmed upcoming tier-1 exchange listings after completing mainnet deployment (July 7) and cross-chain bridge activation. The project’s MEXC debut saw SOLX trade as SOLAXY due to ticker conflicts, highlighting branding challenges.
What this means: Listings could improve liquidity but risk amplifying volatility—SOLX’s 24h volume ($1.38M) represents 5% of its market cap, signaling thin order books. Success hinges on delivering Neptoon DEX and Igniter launchpad by late September to justify valuations.
(Bitrue)

Conclusion

Solaxy balances presale traction and ecosystem development against steep token declines (-62% since July). Watch for exchange listing dates and whether Neptoon DEX’s launch (expected Q3) can drive organic demand beyond speculative trading. Can Solaxy transition from a liquidity event to a functional Layer-2 before competitors like Eclipse or Sonic capture Solana’s scaling narrative?

Deep Dive

1. @Coinspeaker: Post-MEXC Listing Frenzy bullish

"SOLX surged 127% in 24h after MEXC listing, trading as SOLAXY due to ticker clash. Mainnet launch and Neptoon DEX scheduled this month."
– @Coinspeaker (2.1M followers · 480K impressions · 2025-07-02 10:26 UTC)
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What this means: Bullish short-term as exchange listings improve liquidity, but the rebrand to SOLAXY risks brand fragmentation. Watch mainnet launch (July 2025) for developer adoption signals.

2. @CoinMarketCap: Presale King of Solana bullish

"$58M presale – largest Solana-based raise ever. Funds target cross-chain bridges to Ethereum, with CEX listings pending."
– @CoinMarketCap (12.8M followers · 3.4M impressions · 2025-06-30 18:15 UTC)
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What this means: Strong institutional interest, but 82.9B circulating supply creates sell pressure risk. The 30d price drop (-6.83%) suggests presale profit-taking.

3. @Bitrue: Moon or Bust Predictions mixed

"2030 price targets $0.20 (bull case) vs $0.038 (base). 25% supply burn executed, but L2 competition intensifies."
– @Bitrue (890K followers · 220K impressions · 2025-07-23 08:57 UTC)
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What this means: Mixed long-term outlook. Deflationary mechanics (35B tokens to burn) could offset inflation, but rivals like Neon EVM threaten Solana L2 dominance.

Conclusion

The consensus on Solaxy is cautiously bullish, balancing its record-breaking presale and infrastructure potential against execution risks in a crowded L2 market. Monitor the mainnet adoption rate post-launch and whether staking APY (currently unlisted) can lock up circulating supply. One burning question: Can SOLX transition from speculative token to Solana’s scaling backbone before the next market correction?

Deep Dive

1. Decentralization Push (3 Sept 2025)

Overview: Solaxy shifted protocol upgrade mechanisms from team-controlled to community-governed smart contracts. This allows SOLX holders to vote on core parameters like block times and fee structures.

The update introduced a new governance dashboard and reduced team-admin privileges by 78% across critical contracts. Voting power now correlates with staked SOLX balances, incentivizing long-term participation.

What this means: This is bullish for SOLX because decentralized governance typically increases investor confidence and protocol resilience. However, it introduces complexity for casual users navigating voting systems.
(Source)

2. Igniter Protocol Upgrade (19 Aug 2025)

Overview: Enhanced the no-code token launchpad with anti-rugpull safeguards and automated liquidity locking.

The upgrade mandates 30-day liquidity locks for new tokens and implements real-time contract audits using AI models. Developers can now deploy tokens with customizable tax structures while maintaining compliance checks.

What this means: This is neutral for SOLX – while it strengthens Solaxy’s position as a meme coin hub, success depends on developer adoption competing with established platforms like Pump.fun.
(Source)

3. Neptoon DEX Integration (14 July 2025)

Overview: Launched native support for Ethereum↔Solana asset swaps via Hyperlane’s cross-chain messaging.

The integration processes 10,000 TPS with 0.3-second finality, addressing Solana’s historical congestion issues. Early metrics show $47M bridged ETH liquidity flowing into Solaxy within the first week.

What this means: This is bullish for SOLX as improved interoperability could attract Ethereum-based projects, though reliance on third-party bridges introduces counterparty risks.
(Source)

Conclusion

Solaxy’s recent updates demonstrate a strategic shift toward becoming a community-driven, multi-chain ecosystem. While technical improvements enhance scalability, the project’s long-term viability hinges on sustaining developer activity amid fierce Layer-2 competition. How will SOLX’s staking rewards evolve to maintain voter participation in governance?

Deep Dive

1. Decentralization Push (Q4 2025)

Overview
The team highlighted plans to decentralize governance in its September 3, 2025 dev update, aiming to shift control to token holders via voting mechanisms. This includes opening validator roles to the public and introducing staking-based governance proposals.

What this means
Bullish: Increased community ownership could strengthen network security and long-term adoption. Risk: Poor voter turnout or governance disputes might slow decision-making.

2. Multi-Chain Bridge Upgrades (Q4 2025)

Overview
Solaxy’s roadmap emphasizes “multi-chain compatibility” to enable asset transfers across networks like Avalanche and Polygon. The bridge currently supports Ethereum↔Solana, but code commits suggest integration with Cosmos IBC is underway.

What this means
Bullish: Cross-chain liquidity inflows could boost SOLX utility as a gas token. Risk: Technical complexity might delay launches, as seen with the July bridge rollout’s two-phase deployment.

3. Neptoon DEX Enhancements (Q4 2025)

Overview
The native DEX, Neptoon, plans to introduce perpetual trading and meme coin launchpad features, per July 2025 developer announcements. This aligns with Solaxy’s focus on high-volume meme trading.

What this means
Bullish: Capturing more Solana-based meme activity could drive transaction fee demand for SOLX. Risk: Competing DEXs like Raydium already dominate Solana DeFi.

Conclusion

Solaxy is prioritizing infrastructure to cement its role as Solana’s scaling backbone, but execution risks remain elevated given its -63% price drop since June 2025. Will expanded validator incentives and meme-focused tooling revive developer interest, or will network effects favor established L2s? Monitor Q4 protocol upgrades against daily active wallet metrics.