May is closing out with a new Bitcoin all-time high and several key developments in crypto. Solana meme coins are starting to gain more attention as Solana leads the charge in decentralized exchange (DEX) trading. At the same time, the SEC has officially ended its lawsuit against Binance, bringing clarity to one of the year’s biggest regulatory cases. Ethereum also rolled out its Pectra upgrade on 7 May 2025, improving scalability and lowering transaction costs, a strong step forward for its DeFi and NFT ecosystems.
Solana has topped DEX trading volumes for five weeks straight. Its fast speeds, low fees, and rising DeFi activity are attracting more users. Platforms like Jupiter, Orca, and Raydium are driving this growth as more traders move from other blockchains to Solana. It’s a sign that Solana is building long-term strength. Here are some of the best Solana meme coins to look at before June.
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SPX6900 Back To Above $1 Billion Market Cap – Is The S&P500 Killer Back?
(SPXUSDT)
Among Solana meme coins showing strong momentum, SPX stands out with a clear breakout in late May. After weeks of sideways movement, its market cap pushed above the key $860 million level, an area that had acted as resistance several times since November. As of now, SPX is holding above $1.06 billion, signaling a shift in sentiment.
This move also puts SPX well above its 200-day moving average (around $670 million), which is now trending upward. Volume has picked up during the breakout, adding support to the idea that this isn’t just a short-term move. If the price holds above $860 million, SPX could be on track to retest its previous highs from December, in the $1.3 to $1.5 billion range.
While it’s still important to watch how it behaves if it pulls back, SPX is clearly gaining renewed attention, and could be one of the Solana meme coins to keep an eye on as June begins.
I think we bought the right meme aeons 💹🧲 $SPX #SPX6900 pic.twitter.com/UfsrrorqP8
— 6900MAXI💹🧲 (@6900Maxi) May 28, 2025
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Solaxy: A Powerful Boost to the Solana Meme Coin Ecosystem
Some infrastructure projects are quietly building the tools to support the Solana ecosystem growth. One of those is Solaxy, a new Layer-2 solution designed to improve speed, reduce fees, and simplify development across the Solana network. Solaxy doesn’t aim to fix Solana, because Solana is already fast, but it does add helpful features that make the chain even easier to build on. Its architecture supports high-demand use cases like meme coins, gaming, and fast DeFi tools by processing transactions off-chain before settling them on-chain.
This means developers and users get faster results without sacrificing security or decentralization. One of the key differences with Solaxy is how it handles Layer-2 scaling. Solaxy keeps everything unified and chain-compatible. Developers can add new functions without breaking connections to the broader Solana ecosystem.
A testnet version is already live, using a Hyperlane-powered bridge to connect to Solana’s Devnet. Users can move native SOL, and cross-chain transfers to Ethereum are also in the pipeline once the mainnet bridge goes live.
What could matter most for meme coin fans is Igniter, Solaxy’s no-code token launchpad. It launched on May 19 and allows anyone to create a token within minutes. Once a token’s bonding curve ends, it goes directly to the upcoming Solaxy DEX, which will host all Igniter-based tokens and provide instant liquidity.
Introducing: Igniter Protocol 🔥
We’re excited to officially announce Igniter — Solaxy’s native token launchpad protocol. Igniter gives $SOLX holders the power to create, launch, and bootstrap their own tokens directly on the Solaxy rollup.
This is more than a launchpad. It's… pic.twitter.com/DhNIguaPct
— SOLAXY (@SOLAXYTOKEN) May 22, 2025
This creates a smooth path from launch to trading. Solaxy’s presale is nearing its final phase, with less than 17 days remaining and over $42.4 million already raised. Tokens (SOLX) cost $0.00174, and buyers can stake them right away, earning flexible rewards depending on the total amount staked.
While Solaxy itself isn’t a meme coin, it could play a big role in making the next generation of Solana meme coins. For anyone watching the ecosystem beyond price action, it’s a project worth noting before June.
MIND of Pepe: A Meme-AI Hybrid Gaining Attention Ahead of Launch
As interest in Solana meme coins continues to build, some investors are looking beyond just humor and hype, and that’s where projects like MIND of Pepe stand out.
With just 22 hours left before its token launch on June 3 at 2pm UTC, the project is drawing attention for combining meme coin appeal with real AI-powered tools. MIND of Pepe’s dual positioning has helped the presale raise over $11 million, even in a competitive market. MIND of Pepe will allow investors to claim their tokens immediately after the sale ends.
This quicker access has helped build momentum, along with staking rewards that reached up to 210% APR during the presale phase. The token is priced at $0.0037515 and is still available via Ethereum or USDT through wallets like MetaMask, WalletConnect, and Best Wallet. The buying process is designed to be smooth, which has likely contributed to the project’s traction with first-time and casual investors.
The team behind the project has already launched a live AI agent and is planning to roll out a trading terminal and additional features soon. Social media has also played a role in its growth, with the project gaining attention from influencers and meme culture accounts. That kind of organic exposure is helping drive both visibility and early adoption.
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Key Takeaways
- May Market Recap: Crypto markets saw sharp rotations in May, with meme coins regaining strength amid Bitcoin consolidation.
- SPX Breakout: SPX surged past key resistance levels, signaling renewed investor confidence and technical momentum on Solana.
- MIND of Pepe Presale: MIND’s presale closes with $11M+ raised, merging meme appeal with live AI tools for real utility.
- Solaxy (SOLX) Growth: SOLX isn’t a meme coin, but its Layer-2 tech and Igniter launchpad could strengthen the entire Solana ecosystem.
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