Solaxy’s $SOLX Nears $20M in Presale, Eyes Solana’s Crown

Solaxy ($SOLX) is making waves as its presale inches toward a $20 million milestone, announced on March 25, 2025, per The Economic Times. Billed as a meme coin with a mission, Solaxy blends humor with Layer-2 tech to tackle Solana’s congestion woes—think faster transactions and lower fees for a blockchain that’s been groaning under meme coin mania.

With Solana’s price down 57% from its yearly high to $126.5 (Cointelegraph), $SOLX’s promise of scalability has investors salivating. The presale’s success—nearing 80% of its hard cap—stems from a savvy mix: a cute mascot (a solar-powered fox), a roadmap teasing an Ethereum bridge, and a community hyping it as “Solana’s savior.” X posts tout its potential to hit $1 post-launch, a 100x leap from its presale price. Unlike pure hype plays, Solaxy’s utility has drawn cautious praise from analysts, though some warn its fate’s tied to Solana’s recovery.

Pump.fun’s new PumpSwap DEX, launched March 20, adds fuel—$SOLX could migrate there for zero-fee trading, boosting liquidity. Detractors say it’s just another Solana parasite, doomed if the parent chain falters. Still, with $19.8 million raised and counting, Solaxy’s betting big on meme culture plus tech smarts. As 2025’s meme coin race heats up, this fox might just outrun the pack—or crash with the congestion it aims to fix.