Solaxy (SOLX) latest price and market analysis: Is the Solana ecosystem Layer-2 solution worth investing in?

As Solaxy fell to $0.000185 on December 23, this Layer-2 scaling solution aimed at addressing the congestion issues on the Solana network has once again drawn market attention.

As the first Layer-2 Rollup solution built on Solana, Solaxy aims to significantly enhance transaction speed and reduce costs through its unique off-chain transaction processing model.

As of December 23, 2025, the total supply of Solaxy has reached 82.999 billion SOLX, with a circulating supply of approximately 82.999 billion SOLX. Its historical highest price reached $0.001403, but recent prices are in a low volatility phase.

01 Solaxy Technical Positioning: Expansion Engine of the Solana Ecosystem

The technical core of Solaxy is to address the fundamental issues faced by the Solana network during periods of high demand—network congestion, transaction delays, and increased failure rates.

The project processes transactions in batches off-chain through a Rollup architecture, and then submits them as a single data batch to the Solana main chain for final settlement. This design not only inherits the high speed and security of the underlying Solana, but also significantly increases network throughput through off-chain processing.

Solaxy adopts a modular infrastructure, providing plug-and-play components that can be customized for different use cases. From microtransactions to complex DeFi applications and gaming scenarios, this flexible architecture creates diverse possibilities for developers.

As a utility token within the ecosystem, SOLX plays multiple roles in the Solaxy network: paying transaction fees, participating in staking rewards, and potentially engaging in governance decisions in the future.

02 Current Market Performance and Price Analysis

According to the latest data provided by Gate, as of December 23, 2025, the current price of Solaxy is $0.000185, a fall of 1.15% compared to the previous day.

Recently, the market has shown the following characteristics:

• Price fluctuation range stable: During mid-December, the SOLX price mainly fluctuated between $0.00017 and $0.00020.
• Trading volume remains active: On December 23, the daily trading volume reached $22,400, indicating that the market continues to follow this token.
• Long-term performance has shown a significant correction: compared to the historical highest price of $0.001403 in July 2025, the current price has sharply fallen, with a decline of over 85% in the past year.

From a technical analysis perspective, SOLX is currently in a price consolidation phase at a low level. In the short term, it has repeatedly found support around $0.00017, but the upward breakout momentum is insufficient. In terms of market capitalization, SOLX is currently around $1.54362 billion, ranking approximately 222nd in the cryptocurrency market.

03 Market Potential and Ecosystem Development

Despite the current price being at a relatively low level, the development potential of the Solaxy ecosystem is still worth following. The project successfully raised over $58 million in its early days, demonstrating market recognition of its technical solutions.

The ecosystem construction of Solaxy includes several key components:

• Cross-chain bridge function: supports asset transfers between Ethereum and Solana, providing a foundation for interoperability of DeFi applications.
• Neptoon DEX plan: The decentralized exchange planned to be launched will further enrich the Solaxy ecosystem.
• Integration of NFT and Games: With its low transaction fees and high throughput, Solaxy is particularly well-suited to support NFT markets and gaming applications.

In terms of security, Solaxy's smart contracts have been audited by Coinsult, and the audit report shows no significant issues found. This third-party verification enhances the project's credibility and transparency.

04 Purchase and Trade Solaxy on the Gate Platform

For investors interested in trading Solaxy on the Gate platform, here is a basic operation guide:

• Account Preparation: First, you need to complete the registration and identity verification process on the Gate platform.
• Fund Deposit: Recharge your account using supported cryptocurrencies (such as USDT) or fiat channels.
• Trading pair selection: Look for SOLX related trading pairs in the trading market, usually SOLX/USDT.
• Place an order: Execute buy or sell orders based on market analysis and personal strategy.

Investors should be aware that the cryptocurrency market is highly volatile, and prices can change significantly in a short period. It is advisable to conduct thorough market research and risk assessment before making investment decisions.

On the Gate platform, traders can access real-time price charts, depth charts, and historical data, which are essential tools for developing trading strategies. Like other exchanges, Gate charges a certain percentage fee on trading activities, and investors should understand the relevant fee structure before placing orders.

Historical data shows that on December 18, the price of Solaxy reached a low of $0.00015, but then rebounded to $0.000185 on December 23. This volatility is typical of emerging cryptocurrency projects.

Solaxy's technical positioning fills the gap of Layer-2 scaling solutions in the Solana ecosystem. It is not just a speculative token, but a network token with clear utility functions that supports the infrastructure of the entire scaling solution.

As the Solana ecosystem continues to expand, the demand for Layer-2 solutions may propel Solaxy into a new stage of development. Whether for developers seeking technological innovation or traders looking for differentiated investment opportunities, Solaxy presents a case worth following.