Solaxy Token Surges 127% Following MEXC Global Listing

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The Solana ecosystem's first dedicated Layer-2 scaling project, Solaxy (SOLX), has experienced a remarkable price surge of over 127% within the past 24 hours. This significant upward movement was primarily triggered by its official listing on MEXC Global, one of the world's leading cryptocurrency exchanges.

Following an oversubscribed presale that raised more than $58 million last month, Solaxy officially launched trading on decentralized exchanges (DEXs), attracting substantial early investor interest. The project's native token, SOLX, began trading on MEXC at 08:00 UTC this Wednesday, opening with an immediate 105% price increase and currently trading at approximately $0.00102 on the platform.

MEXC Listing Marks Major Milestone

Solaxy's listing on MEXC Global represents a significant achievement for the project. The Singapore-based exchange confirmed the listing earlier this week, preceding the launch with a "Kickstarter" pre-listing voting event. Participants could stake MX tokens to vote for the project and qualify for a share of the 62.5 million SOLX token airdrop.

The voting concluded just before the listing, with successful participants receiving their rewards before trading commenced. Due to another project already using the SOLX ticker on MEXC, Solaxy is trading under the SOLAXY symbol on the platform. Users should take particular note of this distinction when conducting deposit or withdrawal operations.

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Multi-Exchange Strategy and Future Listings

The MEXC listing represents just the beginning of Solaxy's exchange expansion strategy. Beyond MEXC's SOLAXY/USDT trading pair, SOLX is already available on major decentralized platforms including Raydium and Uniswap, demonstrating the project's commitment to multi-chain accessibility.

Project developers have confirmed that additional top-tier centralized exchanges will list Solaxy throughout this week, further expanding market access and providing robust support for comprehensive ecosystem deployment.

Implications for SOLX Holders

For current Solaxy token holders, the MEXC listing represents a significant validation of the project's vision and potential. At this early stage, Solaxy has already achieved substantial exchange exposure, which may lead to increased liquidity, tighter trading spreads, and a broader user base—all factors that strengthen confidence among existing token holders.

The successful Kickstarter campaign on MEXC further demonstrates recognition of Solaxy's long-term potential, particularly as the project aims to address critical infrastructure needs for Solana to become a truly dominant blockchain network.

Perhaps most importantly, these developments indicate that the project team is actively executing its post-launch development plan, maintaining rapid implementation momentum that helps stabilize early supporter confidence in its growth trajectory.

Project Roadmap and Future Developments

For supporters who have followed the project since its presale phase, it's clear that this listing represents just the beginning of Solaxy's journey. The project roadmap includes several critical components scheduled for release in the coming weeks:

All core functionalities are expected to launch within the current month, demonstrating the same efficiency and speed characteristics that define the Solana ecosystem—Solaxy is accelerating its development while adhering strictly to its published roadmap.

Understanding Solaxy's Value Proposition

For those unfamiliar with the project, Solaxy represents the first dedicated Layer-2 scaling solution built specifically for the Solana ecosystem. It aims to enhance Solana's performance, scalability, and stability during high-load periods without replacing the base layer.

Instead, Solaxy functions as a high-performance extension layer that can process overflow transactions during network congestion periods off-chain, eventually settling transaction results securely back on the Solana Layer-1 mainnet.

The platform employs a fully compatible SVM (Solana Virtual Machine) architecture, allowing developers to use existing Solana development tools while deploying high-throughput decentralized applications with enhanced scalability and reduced transaction fees.

SOLX serves as the native token powering the entire ecosystem, used for transaction fee payments, staking rewards, and developer incentive programs. With the mainnet scheduled to launch this month, Solaxy aims to become critical infrastructure for Solana scaling, ensuring network efficiency and reliability even during high-demand scenarios like DeFi operations and blockchain gaming.

Acquiring SOLX Tokens

Investors interested in purchasing SOLX tokens can access them through multiple channels:

Users simply need to connect a supported wallet (such as Phantom, MetaMask, or other compatible wallets) to complete transactions on these platforms.

For the latest listing updates and project developments, interested participants can join Solaxy's official Telegram community and follow their X (formerly Twitter) account.

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Frequently Asked Questions

What is Solaxy?
Solaxy is the first dedicated Layer-2 scaling solution built for the Solana blockchain. It functions as a zk-rollup that processes Solana smart contracts off-chain before settling and verifying them on the Solana Layer-1 mainnet. This architecture enables faster transactions, lower fees, and eliminates congestion while maintaining full compatibility with existing Solana applications.

Why did SOLX price increase recently?
The significant price increase of over 127% within 24 hours was primarily driven by Solaxy's official listing on MEXC Global, a major cryptocurrency exchange. This listing provides increased accessibility, liquidity, and visibility for the token, attracting new investors and validating the project's potential.

How can I buy SOLX tokens?
SOLX tokens are available on multiple platforms including MEXC Global (trading as SOLAXY), Uniswap (Ethereum version), and Raydium (native Solana version). Users need to connect a compatible cryptocurrency wallet to these platforms and can trade using appropriate trading pairs like SOLAXY/USDT on MEXC.

What differentiates Solaxy from other scaling solutions?
Solaxy is specifically designed for the Solana ecosystem with full SVM compatibility, allowing developers to use existing tools and infrastructure. It processes transactions off-chain during congestion periods while maintaining security through zk-rollup technology and settling final proofs on Solana's mainnet.

What's next for the Solaxy project?
The project roadmap includes several imminent launches such as mainnet deployment, blockchain explorer, cross-chain bridge, native DEX (Neptoon), and token launch platform (Igniter). Additional exchange listings are also expected throughout the week, expanding market access further.

Is Solaxy trying to replace Solana?
No, Solaxy is designed to complement and enhance Solana's capabilities rather than replace it. The Layer-2 solution handles transaction overflow during high-demand periods, reducing congestion on the mainnet while maintaining security and final settlement on Solana's Layer-1 blockchain.

Investment Considerations

While Solaxy's recent exchange listing and price performance demonstrate significant market interest, potential investors should conduct thorough research before participating. The cryptocurrency market remains volatile, and project success depends on effective execution of the outlined roadmap and widespread adoption of the technology.

The project's ability to deliver on its promise of stabilizing Solana during high-concurrency scenarios will ultimately determine its long-term value. If successful, the recent 127% price surge might represent just the beginning of Solaxy's growth trajectory within the expanding Solana ecosystem.