The post New Layer 2 Solana Meme Coin Surges Past $40M – Next 100x Crypto? appeared on BitcoinEthereumNews.com.

Solaxy (SOLX), a Solana-based meme coin, aims to become a 100x gem and is making headlines by introducing what it calls the world’s first Solana Layer 2 solution. It has already raised over $40 million, and with just 22 days left in the presale, Solaxy continues to attract attention as one of the year’s most talked-about launches. Solaxy is entering the scene at a pivotal moment. Bitcoin has surged past previous all-time highs, bringing renewed energy to the broader altcoin market. Meme coins like Pepe have seen gains of over 15% in the past week, signaling that altcoin season is in full swing. In this environment, innovative and hyped projects like Solaxy have an opportunity to shine — and possibly deliver major returns. Source – 99Bitcoins YouTube Channel Solaxy Prepares for Altcoin Season Boost with Layer 2 Tech and Meme Appeal Solaxy grabs attention with both its meme-driven appeal and powerful tech foundation. It tackles Solana’s biggest pain points—network congestion, failed transactions, and limited scalability—by introducing practical solutions. The team is building a custom Layer 2 blockchain designed to boost Solana’s speed, stability, and scalability while keeping its core strengths intact. They’ve upgraded the node system and enhanced data update speeds, allowing the network to bounce back quickly after resets or software updates. By launching the Testnet Bridge and linking it with the Solana Devnet, Solaxy moved closer to full blockchain compatibility. In recent weeks, the team partnered with Hyperlane to develop a secure validator set, giving the testnet a live, ready-to-use feel. Work on an Ethereum bridge is also underway, pushing the project toward broader utility. Solaxy’s ecosystem also includes the Igniter Protocol, a built-in launchpad where $SOLX holders can create and launch tokens—similar to Solana’s Pump.fun. This adds a layer of innovation beyond scaling, giving creators a space to…

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Filed under: News - @ May 25, 2025 2:17 pm