Official Trump Coin's 415.65x Surge Causes Solana Congestion As Bulls Pivot To $12.4M Solaxy, Its First Layer-2 ICO

Solaxy ($SOLX) has demolished expectations, elevating a large $12.4 million in its ICO following the explosive – and controversial – launch of Solana’s latest meme coin, Official Trump ($TRUMP), on January 18.

The crypto world remains to be processing the aftermath of the beautiful improvement after the $TRUMP token’s eye-popping 415.65x return over the weekend. That triggered surging buying and selling quantity that pushed the Solana community to its restrict. Simply days after buying and selling beneath $200, $SOL itself is now surging previous $260.

The congestion on the Solana community has prompted buyers to hunt reduction from its first Layer-2 resolution, Solaxy, banking on its potential to unravel this persistent concern.

Initially launched on Ethereum, bridging two of the largest DeFi ecosystems, Solaxy is now open to Solana customers as nicely, giving buyers entry throughout each chains. 

Now, Solana and Ethereum customers should buy $SOLX at $0.001608 per token for the subsequent 44 hours earlier than the worth will increase to mark the subsequent funding stage.

$TRUMP And $MELANIA Trigger Solana Community Congestion – Solaxy To the Rescue 

Official Trump launched on Solana at 2 a.m. UTC on Saturday, catching many without warning with a meme coin launch simply forward of his inauguration on Monday.

Initially doubted as a rip-off, the token gained legitimacy after official posts on Donald Trump’s accounts – first on Reality Social after which on his official X account – appeared to verify its authenticity.

My NEW Official Trump Meme is HERE! It’s time to rejoice every thing we stand for: WINNING! Be a part of my very particular Trump Neighborhood. GET YOUR $TRUMP NOW. Go to https://t.co/GX3ZxT5xyq — Have Enjoyable! pic.twitter.com/flIKYyfBrC

— Donald J. Trump (@realDonaldTrump) January 18, 2025

In keeping with DEXTools knowledge, from a beginning worth of $0.1824, $TRUMP surged to a excessive of $75.83 – a staggering 41,565.7% leap in simply over two days. The buying and selling quantity was vital sufficient to propel $TRUMP to a market cap of $14 billion, though it presently sits at $10 billion. It nonetheless ranks among the many high 20 most precious crypto belongings and within the high three meme cash, surpassing Pepe ($PEPE).

Lower than 24 hours later, a follow-up token for the incoming first girl, Official Melania ($MELANIA), was introduced by way of Melania Trump’s official X account. As of Monday, $MELANIA shortly rose to the highest 60 crypto belongings.

Nonetheless, the surge in buying and selling exercise from $TRUMP and $MELANIA led to the acquainted downside of community congestion on Solana. 

But, whereas many customers have voiced frustration over the community’s lack of ability to deal with the elevated visitors, others have shifted their sights to its first Layer-2 resolution, Solaxy, which goals to deal with Solana’s congestion points.

Solaxy Is Constructing A Extra Environment friendly Buying and selling Platform For Solana-Primarily based Meme Cash Like $TRUMP And $MELANIA

Solaxy has been in presale for simply over a month, and early buyers are already scooping up $SOLX tokens at lightning pace as they place themselves in what could possibly be the answer to not solely Solana’s congestion points, however its pesky transaction failures and scalability woes as nicely.

Basically, Solaxy is an enhancement to Solana, which is able to permit builders to construct decentralized purposes or launch new tokens with out compromising and even enhancing Solana’s Layer-1 capabilities.

The tip end result? Solaxy will supercharge Solana, making it way more able to dealing with elevated exercise with a dramatically decrease threat of transaction failure. When launched, it guarantees to considerably increase community stability and capability, particularly throughout occasions of excessive demand.

Thus, Solaxy positions Solana as a way more highly effective chain for buying and selling meme cash – one which received’t buckle beneath strain because it did with $TRUMP and $MELANIA over the weekend.

Standard crypto influencer ClayBro has taken word of the presidential meme coin bonanza and shared his insights on the way it has fueled demand for $SOLX.

Extra Trump Household Meme Coin Launches Would possibly Enhance Solana’s exercise, Heightening Want For Solaxy 

Celeb meme cash have already turn out to be a significant pattern since meme cash surged as a professional sector of crypto in 2024. 

Cash like Mom Iggy ($MOTHER), Jason Derulo ($JASON), and Caitlyn Jenner ($JENNER) have popped up, with extra celebrities diving into the crypto house.

With the brand new U.S. president and first girl making their meme coin debut, their presence may spark a hearth, resulting in much more tokens to observe swimsuit. Paweł Łaskarzewski, CEO and co-founder of Nomad Fulcrum hedge fund, even took to X, stating that your complete Trump household could possibly be subsequent.

What the fuck is occurring! 🤣

🚨 First Woman @MELANIATRUMP simply launched her personal memecoin! 💸$TRUMP and $MELANIA are producing insane volumes, and $TRUMP plummeted by $7B in only one minute.

2025 bingo, anybody? 👀
Will we see extra Trump household memes? pic.twitter.com/dqxWasbZTi

— Paweł Łaskarzewski (@PawelSynapse) January 20, 2025

The pattern might spill over into Solana, with new meme cash launching on the blockchain, probably triggering one other surge in exercise that would congest the Layer-1 community. However that’s not all – this momentum may gasoline newer token launches, particularly on platforms like Pump.enjoyable.

What all of this underscores is the pressing want for an answer to resolve Solana’s present points if customers wish to maximize their buying and selling potential.

And with all eyes on it, everyone seems to be eagerly awaiting the grand debut of Solaxy to step in and save the day.

$SOLX Has Billion-Greenback Valuation Potential As Solana’s First Layer-2

Solaxy’s presale is shortly approaching the $13 million mark, and this surge highlights how a lot the Solana group is recognizing the potential worth of their $SOLX holdings sooner or later.

Layer-2 options on Ethereum have grown right into a $15.6 billion market, with the highest 5 tasks every valued at over a billion {dollars}. Solaxy holds comparable potential, because the scalability points with Solana are already evident, and Solaxy is arguably the very best resolution to deal with them.

To take part in Solaxy’s launch and contribute to its success, go to the Solaxy web site and join your pockets, equivalent to Finest Pockets.

Finest Pockets, a number one next-gen crypto pockets, has added Solaxy to its “Upcoming Tokens” listing. This characteristic has constantly spotlighted promising tasks, together with profitable picks like Pepe Unchained ($PEPU) and Catslap ($SLAP).

For Finest Pockets customers, buying $SOLX is seamless and might be finished straight throughout the app.

Keep up to date with the most recent developments by becoming a member of the Solaxy group on X and Telegram. 

Go to Solaxy.