In This Article
Stronghold SHX is steady, up 66% in June, and likely to close above key resistance levels. Solaxy listed SOLX on June 23. Despite the initial collapse, prices are firm, up 80% from yesterday’s low.
Stronghold (SHX) is among the surprise winners of June. There were hints of strength in the first half of May, but the rally from early June, pushing the token above the resistance level, set the trend for Stronghold. As of late June,
Stronghold Token
3.58%
Stronghold Token
SHX
Price
$0.003601
3.58% /24h
Volume in 24h
$575.31K
Price 7d
, the governance token of the payments platform, is up 66%, retracing from a high of $0.016 registered on June 12.
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Stronghold (SHX) Rallying: Here’s Why
Despite the volatility in the second and third weeks of June, the uptrend set in motion in the first week of June remains valid.
Local support is around $0.012, while resistance is at $0.015. As long as sellers fail to close below the support level, there is a high probability that SHX will extend gains, even soaring to January highs of around $0.021.
The recent SHX rally is driven by multiple catalysts. However, tokenomics was a major driver, reviving demand and aligning SHX with the uptrend from early November 2024.
Notably, Stronghold is formalizing its SHX on-chain governance framework following discussions in Q1 2025. After Vote #5, the project is proposing consolidating SHX voting into a single Soroban smart contract on its base layer, Stellar. This vote will likely streamline decision-making and further improve transparency.
I was hoping we'd have a dedicated community forum to discuss future SHx governance votes, but since we don't yet and time keeps ticking on, let me gauge reactions here:
Feelings on introducing a vote-locked SHx mechanism?
— Sean Bennett (@ItsSeanBennett) June 12, 2025
On June 17, Stronghold moved 60 billion SHX to an on-chain escrow contract. To support prices and prevent oversupply, they staggered vesting schedules.
It's done!🔥
60 billion #SHx have been transferred on-chain into an escrow contract. Each 1 billion SHx tranche is locked with a clear release date, no access, no exceptions. The tokens remain untouchable until their time comes.
It's a powerful commitment to stability and… pic.twitter.com/88qGMPSATI
— StrongSHx (@StrongSHX) June 16, 2025
With 60 billion SHX out of circulation and set for release on various future dates, only 5.3 billion SHX tokens remain in circulation.
If SHX lists on top exchanges, such as Binance, there is a high probability that prices will rise, reflecting increasing demand.
At this pace, it could match the performance of some of the best meme coin ICOs. As of June 24, SHX is trading primarily on MEXC and Gate.io, with additional activity on Sushiswap and Uniswap via v4 and v3.
Solaxy Soars After Listing
As SHX ticks higher, investors are also closely monitoring Solaxy.
After raising over $57 million in their multi-month presale, SOLX listed on multiple exchanges on June 23.
While SOLX prices initially fell due to presale investors likely cashing out, the token has been recovering.
(SOLXUSDT)
It is currently up 80% from June 23 lows of around $0.0006, outpacing some of the best Solana meme coins.
It is easy to see why.
Solaxy is building the first layer-2 scaling solution for Solana using rollups. The goal is to reduce congestion during periods of high demand on Solana while keeping fees low.
It is also interoperable, launching the Solana and Ethereum bridge yesterday.
By the end of June, Solaxy will start unlocking staking rewards and releasing their wiki.
(Source)
On July 7, Solaxy will release the mainnet and a blockchain explorer, allowing users to track SOLX transactions.
However, what could drive SOLX even higher is the release of the Igniter Protocol on July 21. Through this launchpad, users can mint tokens and later trade them on the Solaxy DEX.
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Stronghold SHX Up 66% In June, Solaxy SOLX Firm After Launching
- SHX is up 66% from June 2025 lows
- Stronghold proposing changes to governance
- 60 billion SHX locked in escrow
- SOLX lists on top exchanges. After the initial drop, Solaxy is steadily recovering
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