Solaxy (SOLX) Price

What Is Solaxy (SOLX) and How Does It Work?

Solaxy is the first Layer‑2 rollup built on the Solana blockchain. It tackles Solana’s network congestion and high transaction costs by processing transactions off‑chain and batching them before finalizing on Solana Layer‑1. This significantly boosts throughput and lowers fees while leveraging Solana’s speed, security, and Proof‑of‑Stake (PoS) infrastructure.

Its native token, $SOLX, fuels the ecosystem, used for transaction fees, staking, dApp interaction, and potentially future governance.

How Solaxy Works

1. Rollup Architecture: Transactions get bundled off‑chain and settled as a single batch on Solana’s L1, reducing load and cost.

2. Modular, Flexible Infrastructure: Solaxy offers plug‑and‑play modules tailored for various use cases, from meme coins and micro‑transactions to gaming and DeFi.

3. Low Fees & High Throughput: Off‑chain processing enables significantly lower gas fees and faster transaction confirmation times compared to Solana alone.

4. Staking Incentives: Up to 80‑112% APY is currently offered during presale and early participation periods to incentivize network support.

5. Security and Audit: Solaxy’s smart contracts were audited by Coinsult, reporting no issues, affirming safety and transparency.

When Was Solaxy Launched?

Solaxy is developed by Solaxy Tech Ltd., based in the British Virgin Islands.

Key Milestones & Launch Timeline

1. Whitepaper Release: Initial version published December 21, 2024, with updates (e.g. April 10, 2025).

2. Presale Launch:

• December 2024: Strategically rolled out in multiple phases, kicking off with early staking perks ($0.001–$0.0016 per SOLX).

• Early traction included $3 million raised within the first week, growing to over $44 M–$48 M by late June 2025.

3. Token Generation Event (TGE) & Launch: Presale concluded June 23, 2025, triggering the TGE and token claim process. On that same day, a massive 55 billion SOLX token burn (≈40% of total supply) was executed to reduce circulating supply.

4. Public Launch Phase:

• June 29 – June 30, 2025: Initial bridge rollout, staking enabled, and token claims began.

• July 7, 2025: Official Solaxy Layer‑2 mainnet goes live, along with the block explorer and bridge functionality reaching full deployment.

• July 14 – July 21, 2025: Upcoming rollout of Neptoon DEX and Igniter launchpad, followed closely by listings on major CEXs and DEXs.

What Is the SOLX Token Utility?

SOLX is the core currency for paying transaction fees on Solaxy’s Layer‑2 rollup. Every on‑chain interaction, be it swaps, transfers, or dApp usage, requires SOLX for gas. SOLX holders actively stake tokens to support network security and earn high APY, currently up to ~107%, with rewards distributed over several years.

Developers using Solaxy’s toolkit and launching smart contracts pay using SOLX. Future upgrades may also allow for governance voting via token holdings.

You can trade SOLX on BingX Spot via the SOLX/USDT pair, listed on July 4, 2025, at 12:00 UTC. Simply deposit USDT into your BingX account, then go to the Spot Market, search for SOLX/USDT, and place a Buy or Sell order.

What Is Solaxy Tokenomics?

Solaxy has a capped total supply of 138,046,000,000 SOLX tokens.

SOLX Token Allocation

• Development (30%) – ~41.4 billion SOLX: Supports infrastructure, dApp onboarding, and protocol upkeep.

• Staking Rewards (25%) – ~34.5 billion SOLX: Incentivizes long-term staking with dynamic APY rates (up to ~150%).

• Treasury (20%) – ~27.6 billion SOLX: Reserved for ecosystem growth, strategic partnerships, and future initiatives.

• Marketing (15%) – ~20.7 billion SOLX: Funds community outreach, influencer campaigns, and public relations efforts.

• Listings & Liquidity (10%) – ~13.8 billion SOLX: Allocated for exchange liquidity and seed pools to support trading.

What Blockchain Network Does Solaxy Operate on?

Solaxy (SOLX) operates as a Layer‑2 rollup on the Solana blockchain. It leverages Solana’s high-speed, low-cost Layer‑1 infrastructure to settle transactions while processing them off-chain for greater scalability. This rollup architecture reduces network congestion, boosts throughput, and enables faster and cheaper transactions, ideal for applications in gaming, DeFi, and high-volume microtransactions. By building on Solana, Solaxy inherits its security, decentralization, and proof-of-stake consensus while adding modular enhancements through its Layer‑2 framework.

How to Store SOLX Tokens Securely

The safest and most convenient option is to hold your SOLX directly in your BingX account. By doing so, you benefit from enterprise-level security, built-in wallet safeguards, and seamless trading functionality. Plus, you avoid the hassle and risk of transferring tokens externally.

To take full control of your SOLX tokens, you can store them in non-custodial wallets like MetaMask, Trust Wallet, or Best Wallet, which support both Ethereum’s ERC-20 and Solana’s SPL formats. Set up your wallet securely by backing up your seed phrase offline and enabling extra protections like biometrics or two-factor authentication. You’ll need to manually add SOLX by importing its contract address and selecting the correct network. For long-term storage, consider pairing your wallet with hardware devices such as Ledger or Trezor for enhanced security. Always verify official domains carefully, as scam websites and counterfeit tokens have been reported, especially during presale periods.

Is Solaxy (SOLX) a Good Investment?

Solaxy (SOLX) stands out as a compelling investment due to its status as the first Layer‑2 rollup built on Solana, designed to significantly enhance transaction speed, reduce network congestion, and lower fees, addressing long-standing bottlenecks in Solana’s ecosystem. Backed by a Coinsult smart-contract audit that flagged no vulnerabilities, a public presale success of over $58 million, and an active community exceeding 75K Twitter followers and 13K Telegram members, SOLX carries both technical and social validation. These pillars, functional utility, security, and momentum, make it well-positioned for adoption, especially once its mainnet, DEX, and launchpad go live in mid‑2025.

Moreover, SOLX offers attractive staking rewards (initial APYs ranging from ~92% to 153%), which help lock up tokens, incentivize long-term holding, and reduce circulating supply. thanks to its first-mover advantage in scaling Solana and the growth of memecoin trading. Together, tech utility, audited security, high yields, and strong price forecasts underpin SOLX's potential as a high-reward, though risk-aware, investment.