The Raydium vs Pump.fun token wars is seeing the Solana price bounce hard after dipping below $100 on the 6 April to reach $134 today.
The Raydium vs Pump.fun token wars is seeing the Solana price bounce hard after dipping below $100 on the 6 April to reach $134 today.
An explosion in expected trading volumes on the favored meme coin chain is driving the prices of $SOL and $RAY higher, and that has Solaxy ($SOLX) presale investors salivating.
$SOL is now priced 37% above its near-term low, and the new Solaxy Solana Layer 2 is waiting in the wings to ensure that all the new on-chain developments work as advertised.
Solaxy is a next-generation blockchain technology, designed to unlock the full potential of the Solana ecosystem by delivering unmatched scalability and a future-proof network built to redefine Solana’s capabilities. With Solaxy, transaction congestion on Solana becomes a thing of the past.
That mission statement couldn’t have come at a better time, just as Solana is about to see its second wave of mass meme coin adoption and token experimentation.
Sometimes choosing between Interstellar Speed and Out Of This World Staking Rewards can be tough…
Good thing $SOLX has got both 🔥🛸
Curious about the inner workings of Solaxy? Read more below! 👇https://t.co/arr34146aR pic.twitter.com/FATUDi8RF9
— SOLAXY (@SOLAXYTOKEN) April 14, 2025
Leading the charge is Raydium, as competition hots up in the trading and launchpad space. Whoever the immediate winners might be – and Raydium looks well-positioned to be the victor in the launchpad fight – Solaxy as the owner of the first Layer 2 on Solana, will be the ultimate beneficiary by taking Solana scalability to the next level.
The massive increase in volumes the new Raydium launchpad threatens to bring to Solana means the need for Solaxy’s Layer 2 solution to end transaction congestion once and for all could not be greater.
And there’s no need to worry about whether Solaxy has the financial muscle to bring its full vision to fruition. Its ongoing presale has raised more than $30 million and is still open to new investors – the $SOLX token is priced at $0.001696.
You can buy and stake $SOLX token today and earn 133% staking rewards if you hold for 12 months. The APY is set dynamically dependent on the amount of $SOLX deposited into the staking smart contract.
Source: Solaxy
Solaxy Set to Launch Block Explorer on April 19
And Solaxy is no vaporware either. The dev team are hard at work and proof of that is in the announcement that the chain;s block explorer will be launching on 19 April.
🛸 New Solaxy Dev Update! 🛸
We’ve got some exciting news—Solaxy Block Explorer will officially be released on April 19th!
◉ Data Availability
• Further analysis confirms we can sustain 140KB/s with optimal configurations on Solana mainnet.
• This enables faster data… pic.twitter.com/l9sJM9hLya— SOLAXY (@SOLAXYTOKEN) April 15, 2025
A dev update from the Solaxy team details advances in data availability, rollup performance and bridging:
Data Availability
- Further analysis confirms we can sustain 140KB/s with optimal configurations on Solana mainnet.
- This enables faster data storage and an enhanced user experience.
- Minor tweaks made to the CLI interface for smoother interactions.
Rollup Performance
- Continued improvements focused on increasing throughput.
- Current performance target set at 10,000 TPS!
Bridging
- Proper CORS setup completed on the SDK.
- Actively addressing bugs causing discrepancies between the rollup and expected native Solana L1 behavior in UIs.
What’s Happening on Solana – and Why Solaxy Is Set to Gain
Raydium, the leading decentralized exchange (DEX) and automated market maker (AMM) on Solana, has rolled out a token launchpad to take on Pump.fun called LaunchLab.
LaunchLab is Raydium’s strategic response to competitors like Pump.fun and its recently launched PumpSwap decentralized exchange (DEX).
Pump.fun and Raydium were at one time joined at the hip in a highly symbiotic relationship, but now Pump.fun has gone its own way.
Breakout product of the meme coin craze, Pump.fun had run into problems born from its own success. The sheer volume of new token launches was such that the user experience, quality and security of the launchpad were thrown into doubt. Some might say that Pump.fun unfairly sought to cast some of the blame for that on Raydium.
Whoever is to blame, it was the end of a profitable relationship. Pump.fun generated revenues of $600 million in the 2024 meme coin frenzy, while Radium made $80 million in fees.
Pump.fun deciding to launch it own DEX is a direct threat to Raydium’s business, given that 41% of its total revenues are thought to have come from the activity generated by Pump.fun. In 2024 Pump.fun launched two million new tokens and attracted 13 million users.
Source: Raydium
Raydium’s LaunchLab allows anyone to launch tokens for free on Solana. It provides tools for customizable tokenomics, including multiple types of bonding curves (linear, exponential, logarithmic) for price discovery.
Creators earn 10% of trading fees, while Raydium charges a 1% fee on token launches. Of these fees, 25% are used to repurchase RAY tokens, helping support the price of Raydium’s native token. Raydium hopes this flexible fee structure will beat the competition.
Does Raydium’s LaunchLab Outshine Pump.fun and PumpSwap?
Better integration and security than found on the Pump.fun / PumpSwap ecosystem is arguably another win for Raydium’s LaunchLab.
Launched tokens are automatically linked to Raydium’s liquidity pools. The platform integrates with Raydium’s liquidity locker, securing LP tokens and enabling long-term earning of swap fees for token teams.
Raydium’s approach also seeks to enhance accessibility. LaunchLab supports multiple quote tokens (for instance, SOL, USDT, USDC, and jitoSOL). It also allows third-party UI integrations and customizable user fees.
Additionally, there are no migration fees for tokens that raise over 85 SOL – instead LaunchLab offers instant and fee-free migrations to wider trading on Raydium. Meanwhile, LaunchLab’s fee structure provides recurring revenue streams for Raydium while supporting the RAY token through buybacks.
By lowering barriers for token creation and integrating with Raydium’s liquidity ecosystem, LaunchLab hopes to capture the lions share of the meme coin activity that has propelled Solana to the position as the premiere launch chain for meme coins.
After printing a high of $8.78 on 23 January, $RAY fell to as low as $1.4 on 7 April. But since that low it has steadily risen due to the positive response to the LaunchLab rollout. $RAY is priced at $2.29 at the time of writing.
Despite the competition, Raydium retains a leadership position on Solana, and LaunchLab aims to cement this by attracting both creators and traders seeking robust tools and liquidity. Watchout Pump.fun!
Source: TradingView
Why Solaxy Could Be the Killer Layer 2 That Unlocks Solana’s Full Potential – Is $SOLX Poised for a 144x Run?
Solana’s monolithic framework was long thought to be more than adequate to meet the blockchain’s scalability needs.
However, repeated outages and congestion have exposed its limits. Solaxy steps in as the chain’s first Layer-2 – a purpose-built execution layer that absorbs overflow transactions and posts finalized data back to the mainnet, boosting scalability without compromising performance.
Its advanced tech stack – fraud-proof mechanisms, a trust-minimized message relayer, and an optimistic bridge – gives Solana the Layer-2 edge it’s been missing.
And while Solana already supports booming verticals like DeFi, gaming, and token launches, Solaxy is the missing piece that can help it dominate them by delivering stability at scale.
Now here’s where things get interesting. With Solaxy’s $30 million raise possibly signaling it’s nearing its funding cap, a listing could be coming soon.
And if it follows Solana’s projected climb from $133 to $520 this year, as predicted by asset manager VanEck, for a 4x move – that could send $SOLX from its current presale price of $0.001696 to around $0.0066.
Even more bullishly, if $SOLX mimics Solana’s 2021 bull run – which saw $SOL pump from $1.50 to $216 – then lucky $SOLX token holders will own an asset priced at $0.243 – a 144x gain.
How to Buy $SOLX
To get in early on $SOLX, head over to the Solaxy website and contribute to the presale by connecting your wallet – Best Wallet is a favorite. With multichain support across Ethereum, Bitcoin, and soon Solana, it’s the perfect home for your $SOLX tokens.
Download Best Wallet on Google Play or the Apple App Store to make your purchase.
Join the Solaxy community on X and Telegram to stay up to speed with every update.
Visit the Solaxy website to find out more
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