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Cryptocurrency News Articles

Solaxy (SOLX) Expands to MEXC Global, BitMart, and Raydium Ahead of June 18 Launch

May 07, 2025 at 09:12 pm

Solaxy ($SOLX), the high-performance Layer-2 solution for Solana, has confirmed its first round of exchange listings, with launches on MEXC Global

Solaxy (SOLX) Expands to MEXC Global, BitMart, and Raydium Ahead of June 18 Launch

Solaxy ($SOLX), the high-performance Layer-2 solution for Solana, has confirmed its first round of exchange listings. The listings on MEXC Global, BitMart, and Raydium are currently scheduled between June 12 and June 18.

These are the current target dates, though it remains unclear if the team will stick to them or wait for more favorable market timing. The listings follow a successful presale that saw strong demand for $SOLX tokens.

The presale is nearing completion, with over 95% of tokens already allocated at a price of $0.0085. Only final bonus tiers are still available for contributions over $1,000, but are expected to close within days. Tokens will unlock in sync with the listings, giving early backers a key advantage before public trading begins.

Solaxy uses zk-rollup architecture to inherit and amplify Solana’s strengths, achieving high scalability and low transaction fees. Its EVM-compatible bridge further allows for the seamless deployment of Ethereum dApps, making it a versatile Layer-2 solution for various DeFi, NFT, and GameFi ecosystems.

Analysts have highlighted why $SOLX could become Solana’s top Layer-2 bet, as it combines high performance with cross-chain capability to inherit and amplify Solana’s strengths. This contrasts with other Solana projects that might be focusing solely on DeFi or NFT domains.

Moreover, Solaxy's recent May 6 developer summit recap also fueled momentum, as the project unveiled its cross-chain launchpad and roadmap updates — sending $SOLX to new highs.

However, besides Solaxy, another project, StratoVM ($SVM), is also making waves in the crypto space with its unique goal of bringing smart contracts and AI to Bitcoin. This venture has sparked heated debate among crypto enthusiasts, making it a key storyline to follow in the coming months.

StratoVM aims to introduce a new type of blockchain, focusing on programmability and scalability without sacrificing Bitcoin's original vision of a decentralized and secure network. This stands in contrast to Solaxy, which is a Layer-2 solution for Solana, focusing on inheriting and amplifying Solana's strengths. Both projects are interesting additions to the evolving Layer-2 narrative, catering to different segments of the cryptocurrency market.

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Other articles published on May 08, 2025