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After Pump.fun was shut down, a new meme publishing platform takes over! Solaxy's presale breaks $54 million and will be listed in 4 days.
(Memecoin projects have extremely high fluctuations and risks. This article aims to introduce this project, but its Token price may experience severe fluctuations in a short period, even drop to zero. Investors should fully understand and bear all potential risks, and before making any investment decisions, it is essential to conduct thorough independent research and consult professional financial advisors. The information contained in this article does not constitute any investment advice.)
Elon Musk has taken action to ban Pump.fun and its founder Alon on all accounts on the X platform, shocking the entire Solana community. This sudden ban not only caused the largest meme coin creation platform to go offline instantly but also disrupted hundreds of new coin promotion channels. As the most popular on-chain tool for coin creation, Pump.fun disappeared overnight, leaving the entire Solana meme coin circle in a void.
But amidst the chaos, a new project quickly rose to prominence, becoming the biggest beneficiary of the community's shift. This project is called Solaxy ($SOLX), not only the first Layer 2 solution on the Solana chain but also set to launch its own token creation platform, Igniter Protocol, benchmarking against Pump.fun, and even surpassing in performance and cost.
Elon’s ban sparks community exodus, Solaxy unexpectedly becomes popular.
Pump.fun has generated over $700 million in revenue in the past year, with hundreds of coins minted daily, making it a hub for meme coin incubation. However, due to its freedom and anonymity, it has also become a breeding ground for scams and money laundering. This time, Elon’s purge has been viewed by some analysts as a stepping stone for the platform’s transformation into a fintech application, which also adds significant variables for the future of decentralized coin creation.
At this time, the presale of Solaxy has entered the countdown phase, attracting a large number of original Pump.fun users in a short period. As of this Monday, Solaxy has raised over 54 million USD, becoming the largest presale project in Solana's history. Although the official presale has ended, the "final purchase period before receiving tokens" remains open until 2 PM UTC on June 23, which is seen as the last opportunity to enter at a fixed price.
Solaxy official recently released a complete launch roadmap, clearly revealing the timeline and delivery goals from coin acquisition to the launch of Token Igniter (a new meme coin issuance platform similar to pump.fun), strengthening project trust and injecting new generation platform competitiveness into the Solana ecosystem.
Why can Solaxy take over quickly?
In addition to the community spillover effect, Solaxy itself has a strong technical background. As a Layer 2 chain of Solana, Solaxy aims to address the congestion and transaction delay issues that occur on the Solana network during peak periods. Through transaction bundling and off-chain computation technology, Solaxy is expected to increase the processing speed from the original 6500 TPS of Solana to 10000 TPS.
This is not just an upgrade in numbers. For DeFi users, blockchain game players, and meme coin creators, higher speed means lower failure rates, lower Gas fees, and higher interaction frequency, further enhancing the overall user experience.
The Solaxy testnet has successfully processed millions of transactions and completed the Coinsult smart contract audit, receiving high praise for its technical maturity in the market. The community size is also growing rapidly, with over 75,000 followers combined on X and the Telegram channel, indicating that it is not just a developer-oriented project, but also possesses a large grassroots participation enthusiasm.
Igniter Protocol: The new generation meme coin creation platform is here.
Another major weapon of Solaxy is the upcoming "Igniter Protocol", which is a zero-code coin creation platform that allows users to quickly mint coins on-chain in just a few steps. Its functionality is very similar to Pump.fun, and it even has advantages in terms of speed and transaction fees.
Although Pump.fun has achieved impressive revenue records, its overly open mechanism has also led to a flood of junk coins and scam projects entering the market. In contrast, Igniter Protocol is expected to integrate audit processes, fee modules, and community governance, creating a healthier and more sustainable token ecosystem.
With Pump.fun currently unable to operate and X platform banning traffic diversion, Solaxy's Igniter will undoubtedly become the next ideal habitat for meme coin creators.
The presale is entering the final countdown, the last opportunity to arrange before receiving the tokens.
The current presale price of $SOLX Token is $0.001766, and it is expected to officially enter the exchange listing on June 23 at 2 PM UTC. At that time, the price will be determined by the free market. According to several analysts, including Umar Khan from 99Bitcoins and Crypto Nitro, Solaxy may have the potential for over 100 times the increase after its listing.
For investors who missed out on popular meme coins like Pepe and Bonk, Solaxy's recent layout is seen as one of the most explosive opportunities in the Solana ecosystem this year. Especially during the moment when Pump.fun was blocked and there was a vacuum for new meme coin platforms, Solaxy has already completed its infrastructure and community layout ahead of time, placing it in an absolutely leading position.
Purchase Solaxy on the official website
Conclusion: A hundredfold opportunity born from chaos
Elon banning Pump.fun may be to tidy up the platform's image, but it unexpectedly opened up a rising channel for Solaxy. From Layer 2 expansion, to the Igniter coin creation platform, and then to the explosive growth of pre-sale funds, Solaxy showcases not just a concept, but a complete and practical crypto infrastructure.
With only a few days left until the exchange listing, this may be the last opportunity for investors who are still on the sidelines to enter the Solana new theme coin segment.
Disclaimer
Investing in cryptocurrencies carries high risks, with significant price fluctuations that may lead to financial losses. This article is for reference only and does not constitute investment advice. Please do your own research (DYOR) and make decisions cautiously.
After the article Pump.fun was shut down, a new meme release platform takes over! Solaxy's pre-sale broke 54 million USD and will be listed 4 days later, first appearing in Chain News ABMedia.