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Home Blockchain

Key Solana Investor Surges 20% as Hype Builds for SOL Layer 2 Solaxy Launch

by DigestWire member
June 17, 2025
in Blockchain, Crypto Market, Cryptocurrency
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The Bitcoin strategy continues to dominate the airwaves, but internationally, another cryptocurrency is gaining steam.

Hong Kong-based MemeStrategy became the first publicly traded company to invest in Solana.

Its stock promptly jumped 20% (and 45% in the last 5 days), an indication of just how much hype is building behind the Solana ecosystem.

MemeStrategy increase in the last 5 days meme.

It’s not a surprise. With Solana meme coin launcher Pump.fun preparing to launch its own token, Bybit aiming for a Solana-based DEX, and Solaxy ($SOLX) wrapping up a $50M+ presale for a Solana Layer-2, the future looks bright.

MemeStrategy Bets on $SOL

Why Solana? As Asia’s first public digital assets company, MemeStrategy needs to be careful where it puts its cash. So why sink it on $SOL?

The company announcement identified three clear reasons:

  • ‘Tapping into a Rapidly Growing Ecosystem’: There’s a lot of buzz behind Solana, with developers, users, and institutions all aligned to expand the ecosystem
  • ‘Generating Returns through Blockchain Validation’: Proof-of-Stake allows Meme Strategy to earn returns while holding $SOL
  • ‘Enhancing Asset Allocation and Diversification’: As a leading altcoin, Solana gives MemeStrategy a chance to diversify in major cryptos

The plan highlights how confident MemeStrategy is in the overall health of the Solana blockchain. And they’re not the only ones who’re confident.

Bybit Builds Solana DEX, ETFs Ready to Launch

Solana has always been a sort of photo-negative of Ethereum, following $ETH into memes and then arguably surpassing it, becoming both a rival and a copycat.

Is Solana following the same path with DeFi and DEXs? The recent announcement of a native Solana DEX – known as Byreal – from the Bybit team indicates that may be true.

Byreal Announcement

The Byreal mainnet is set to launch in Q3 2025, providing traders with all the necessary tools for a high-powered trading platform, including:

  • CEX + DEX synergy: CEX-grade liquidity with DeFi-native transparency
  • Unified liquidity & speed: Low-slippage and MEV-protected swaps at serious speed

The debut of a major Solana DEX would doubtlessly boost the ecosystem that much further.

Add in the expansion of ETFs to maybe include $SOL products, and there’s potential for long-term growth and a more immediate boost to $SOL’s price.

That makes MemeStrategy’s purchase even more timely. The recent S-1 filing with the SEC, while not giving a clear timeline, is an incredibly bullish sign that major institutional investors are backing Solana.

Eric Balchunas Coinshares S-1 filing

And on top of it all, there are other projects in the works that aim to improve Solana’s ecosystem. The best of them is Solaxy ($SOLX.

Solaxy ($SOLX) – Last Chance to Buy First-Ever Solana Layer-2

Solaxy ($SOLX), the first-ever Solana Layer-2, has raised almost $54M and its set to transform the meme coin galaxy on Solana. The project is wrapping up a massive crypto presale with a simple goal – deploy a much-needed Solana upgrade that will get the blockchain truly future-ready.

With a multi-chain architecture and token bridge, $SOLX traders can leverage Ethereum’s power and scalability alongside Solana’s innovation and speed to set the stage for an expanded Solana ecosystem.

The presale ended yesterday but you can still buy $SOLX until the token claim on June 23.

The full bridge deployment is next (the testnet bridge and block explorer are already live). After that comes staking unlock and then the mainnet launch, with full features following shortly.

Solaxy Launch ScheduleSolaxy is the rare project to successfully combine a meme coin zeitgeist with true utility.

And with Solana on the rise, the timing couldn’t be better. After all, what is Solaxy? It’s the future of the Solana blockchain, according to the devs themselves.

The token price is $0.001766, so don’t delay. Our own price prediction shows the token could reach $0.032 by the end of the year, delivering massive 1,712% returns to current investors.

Visit the Solaxy presale page to get your hands on this red-hot token.

DEXs, Strategic Reserves, and Presales: The Future Looks Bright for Solana

Solana’s rise is no longer speculative, but strategic. From MemeStrategy’s bold $SOL investment to Bybit’s upcoming DEX and the last rush to buy $SOLX, the momentum behind Solana is accelerating.

As institutional confidence builds and infrastructure expands, Solana is positioning itself as a serious contender in the next wave of crypto adoption.

This isn’t financial advice; always do your own research before investing.

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