Emily Walker
Currently, the altcoin market is experiencing a surge as prominent investors have acquired approximately $2.7 billion in XRP and Dogecoin (DOGE) within just two days. This follows a substantial injection of over $2.5 billion into these cryptocurrencies in December. Additionally, other established meme coins like $PEPE witnessed a staggering annual growth of 1228.96%, achieving a new all-time high last month.
Big investors are not only focusing on popular utility tokens and older meme coins; they are also eyeing emerging projects like Solaxy. Notably, a whale made a $127K purchase of Solaxy on December 27.
Could $SOLX Become the Next Coin to Skyrocket?
Solaxy’s ($SOLX) presale, which started in December, has already exceeded $10 million in funding, seeing a notable 25% rise over the last ten days, even as the overall crypto market remained sluggish. Expectations are set for the presale to reach $20 million within the upcoming month.
Given its impressive presale performance, Solaxy could potentially emerge as the next 100x growth story in 2025.
What’s fueling this excitement around Solaxy? Beyond its connection to the popular Pepe-themed coin, $SOLX has generated a lot of buzz due to its plans to create a Solana Layer 2 ecosystem aimed at addressing the scalability issues currently faced by users of the Solana blockchain. This initiative seeks to provide faster, more cost-effective, and reliable transaction solutions.
Initially launched on Ethereum, $SOLX also intends to expand into its own ecosystem on Solana, showcasing its multi-chain vision.
Based on both comparative and fundamental analyses, some traders speculate that $SOLX may be the next meme coin poised for explosive growth, potentially reaching 10x to 100x after its listing.
The project has also received consistent support from Best Wallet, recognized as one of the fastest-growing Web3 crypto wallet solutions this year.
With these factors in play, the presale is expected to achieve its goal of $44.9 million in the next couple of months, making it a strong candidate for one of the top new meme coins in 2025.
Solana’s Successor Aims for Greater Speed and Capacity
Solaxy is harnessing the success of the Solana blockchain. The meme coin launchpad Pump.fun significantly contributed to the rise of $SOL last year, solidifying Solana’s place as the sixth-largest chain by market capitalization.
Several Solana meme coins, including $FARTCOIN, $GOAT, and $PNUT, experienced substantial gains toward the end of 2024, and industry experts believe Solaxy will follow a similar path.
Considering that the top 5 Layer 2 networks currently boast market caps ranging from $2 billion to $3.5 billion, along with the increasing popularity of meme coins on Solana, Solaxy is positioned to become a significant player in the meme coin arena post-listing, possibly surpassing $BONK and $PENGU in market capitalization.
Should You Consider Joining the Solaxy Presale?
If you’re seeking a promising token to add to your meme coin collection, now might be the right time to keep an eye on Solaxy. With 1 $SOLX priced at $0.0016 and the potential for 348% staking rewards, the presale presents an attractive opportunity.
It’s crucial to conduct your own research (DYOR) by reviewing Solaxy’s whitepaper and the Coinsult audit. For the latest news and updates, visit their official pages on X and Telegram.
For more details about the project’s tokenomics, staking options, and frequently asked questions, visit the official Solaxy presale page.
Keep in mind that this analysis does not constitute financial advice. It’s essential to thoroughly investigate new cryptocurrency projects before investing and to only invest what you can afford to lose.