WazirX, one of India’s top cryptocurrency exchanges, is close to a major moment. On May 13, 2025, a crucial court hearing will decide the future of Wazir’s user compensation plan and its business operations. This comes after a huge $234 million hack in July 2024, which affected thousands of users and damaged trust in the platform. The hack was linked to North Korean cybercriminals, making the case one of the biggest cyberattacks in India’s crypto scene.

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The July 2024 WazirS Hack and Its Effects

The WazirX hack shocked the Indian crypto world. Many users had their funds frozen, shaking confidence in the exchange. Here’s a quick summary of the breach:

• Amount stolen: $234 million
• Users affected: Thousands in India and abroad
• Hackers: North Korean cybercriminals

After the attack, WazirX has focused on rebuilding trust and finding ways to compensate users. The parent company, Zettai PTE Ltd, prepared a recovery plan and compensation strategy. However, this plan needs court approval.

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What to Expect on May 13, 2025 Court Hearing

The upcoming court hearing will be a turning point. The court will review WazirX’s restructuring plan and compensation scheme. Over 90% of creditors have already supported the plan, showing strong backing despite the difficulties faced by the exchange.

Main Points of Wazirs Restructuring Plan

• Recovery Tokens: Instead of paying cash right away, Wazir will issue recovery tokens to affected users.
• Token Buyback: The exchange will buy back these tokens over time using profits from future operations.
• Compensation Goal: Wazir targets returning about 75% to 80% of lost user funds.
• Resuming Operations: If approved, WazirX aims to restart trading and begin compensation within 10 business days.

This plan tries to protect the company’s liquidity while giving users a fair chance to recover losses.

Wazir’s Proposed Scheme of Arrangement Awaiting Court Approval – Economic Times For detailed insights on the upcoming court hearing and plans for user compensation, several recent news articles provide valuable context:

• WazirX to get day in court next month with payouts after 10 days if recovery plan is approved – CoinDesk
• WazirX confirms restart on track as it awaits sanction hearing in May – CoinTelegraph
• WazirX Eyes Comeback as Court Ruling on Restructuring and Compensation Nears – 99Bitcoins
• WazirX News: Relaunch Could Begin 10 Days After May 13 Court Ruling – CoinPedia

These articles confirm that if the court sanctions the plan, WazirX aims to begin paying affected users promptly while restarting operations.

Legal and Regulatory Background

Besides the court hearing, there are important legal updates. The Supreme Court of India dismissed a petition from some hack victims. The court advised users to seek help from regulators, not the judiciary. This shows growing trust in regulatory bodies to oversee crypto exchanges and protect investors in India.

What the WazirX Community Is Saying

The trading community and users have mixed feelings on social media. Most are hopeful but cautious about the hearing. Discussions on platforms like Twitter focus on:

• The chances of court approval
• When compensation might begin
• Effects on India’s crypto market

Though there are currently few YouTube videos on the user compensation plan, videos in this space generally highlight the need for clear rules and stronger user protections in Indian crypto exchanges.

What This Means for WazirX Users and Indian Crypto

If the court approves the compensation plan:

• Users will regain trust in WazirX and feel more secure.
• It could set a new example for handling breaches in Indian crypto exchanges.
• WazirX will show commitment to operating under clearer rules.

On the other hand, any delay or rejection could increase doubts, hurting crypto adoption in India.

What Users Should Keep in Mind Going Forward

If the plan gets approved, WazirX will work quickly to restart trading and send recovery tokens. Users should:

• Watch official WazirX channels for updates.
• Stay informed about new crypto regulations in India.
• Be careful about scams or phishing attempts claiming to offer compensation.

Tips for WazirX Users During This Period

• Keep checking WazirX’s official website and verified social media for real news.
• Learn about regulatory changes affecting crypto trading.
• Avoid sharing personal or wallet information with unknown sources.

Conclusion

May 13, 2025, is a key date for WazirX and its community. The court’s decision on the compensation plan will shape the exchange’s future and influence how crypto breaches are addressed in India. WazirX’s plan to return up to 80% of lost funds through recovery tokens and a gradual buyback may restore faith in the platform. This step is crucial for rebuilding trust in India’s growing cryptocurrency market. Users, investors, and the wider crypto community will watch closely as the verdict approaches.

Solaxy (SOLX) is drawing a lot of attention in 2025 as a crypto project with strong potential. Its presale success and growing support from big investors make it a token to watch. This article breaks down Solaxy’s recent progress, technology, staking benefits, and price predictions from 2025 to 2030. Whether you’re a student or a crypto buyer, this guide will help you understand what to expect from SOLX.

Solaxy (SOLX) Presale Success and Market Momentum

By April 2025, Solaxy’s presale raised over $30 million. This makes it one of the fastest growing ICOs this year. Big investors, often called whale investors, have bought tens of millions of Solaxy tokens. Their interest shows confidence in Solaxy’s future. The current SOLX presale price is about $0.00169. This low price is likely to rise as Solaxy approaches important steps like the Token Generation Event (TGE). The team also plans to list Solaxy on decentralized exchanges (DEX) soon. These listings will help increase token liquidity and let more people buy Solaxy. Centralized exchanges (CEX) could follow, making the token available to mainstream investors.

Presale Highlights:

• Over $30 million raised in presale
• Whale investors buying large amounts
• SOLX price at $0.00169 during presale
• Upcoming TGE and listing on DEX and potential CEX

Technology Behind Solaxy

Solaxy is working to improve the Solana blockchain by offering faster and more reliable data storage. A key tool is the Solaxy Block Explorer launched in April 2025. This explorer can track transactions at speeds near 140KB per second on the Solana mainnet. It gives users a clear view of their crypto activity and helps build trust. The development team aims to scale up to 10,000 transactions per second (TPS). This increase will support more users and keep costs low. Solaxy’s focus on better data storage and faster speeds makes it a helpful addition to the Solana network.

Technology Features:

• Solaxy Block Explorer launched for fast tracking
• Supports 140KB/sec transactions on Solana
• Aiming for 10,000 TPS scalability
• Improving data storage and network reliability

Solaxy ($SOLX) Price Prediction Table (From 2025 to 2030)

Here’s a summary of our Solaxy price predictions from 2025 to 2030:

Year	High ($)	Low ($)	Average ($)	Percentage Increase (Maximum)	Percentage Increase (Minimum)
2025	0.031	0.0087	0.01985	3000%	770%
2026	0.075	0.020	0.0475	7400%	1900%
2027	0.084	0.046	0.065	8300%	4500%
2028	0.130	0.040	0.085	12900%	3900%
2029	0.163	0.080	0.1215	16200%	7900%
2030	0.20	0.038	0.119	19900%	3700%

Staking Rewards and Community Support

One big reason people like Solaxy is its high staking rewards. Staking Solaxy pays over 130% APY. This attracts investors looking for steady, passive income. Over 8.5 billion Solaxy tokens have been staked so far. This shows strong community trust. Security is another key point. Solaxy’s smart contracts have been audited by Coinsult. This means the contracts do not have hidden features like secret minting or blacklisting. The audits protect investors and lower risks.

Staking and Security:

• Over 130% APY on staking rewards
• 8.5 billion tokens staked so far
• Smart contracts audited by Coinsult
• High focus on security and safety

SOLX Price Prediction 2025 to 2030

Experts are mostly positive about SOLX’s price outlook. By the end of 2025, SOLX could reach about $0.032. This rise is due to the presale buzz, tech progress, and big investor interest. By 2026, some forecasts predict prices near $0.20. As Solaxy gains utility and market presence, prices may grow steadily in the following years. Still, remember crypto prices are very unpredictable. Market shifts and new rules could change outcomes. Always do your own research and be careful with investments.

Price Forecast Summary:

YEAR	PREDICTED PRICE (USD)
2025	$0.032
2026	$0.20
2027+	Steady growth possible

Expert Price Forecasts Overview

Below are some recent analyses and projections for SOLX’s price through 2030, emphasizing the token’s promising growth based on presale momentum, technical innovation, and exchange listings.

• Bitcoinist’s 2025–2030 Solaxy Price Prediction: Projects SOLX soaring to $0.20 with potential 12,440% returns for early investors, noting key drivers like tier-1 CEX listings and mainstream adoption.
• CryptoNews.com SOLX Price Forecast: Forecasts average prices of $0.00879 in 2025 and $0.0340 in 2030, emphasizing the impact of its Layer-2 scaling solution on Solana’s utility.
• 99Bitcoins SOLX Price Prediction: Highlights SOLX hitting $0.034 soon after launch and solid medium-term growth prospects.
• CoinCodex SOLXY Price Analysis: Provides short and medium-term price updates valuable for ongoing tracking.
• FinanceFeeds Article on SOLX Price: Notes $27.7 million raised in presale and a potential 40-60% price boost after DEX debut, with long-term prices possibly reaching $0.043 by 2030.

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Community and Social Media Influence

Solaxy’s community is active on platforms like Telegram and Twitter. Regular updates share whale buys, new exchange listings, and staking tips. This keeps users engaged and excited. Crypto YouTubers and commentators are also talking about Solaxy. They note its tech gains and presale success. This attention helps boost SOLX’s profile and builds investor trust. Here is a quick video introduction to Solaxy that summarizes its technology and token potential — a great watch for anyone new to the project:

Watch this video:
“Solaxy Explained: The Future of Solana Scaling and Investment Potential”

Explore how Solaxy aims to revolutionize Solana blockchain technology and what investors can expect.

Is Solaxy (SOLX) a Good Investment?

Solaxy shows many strong signs. It has raised large presale funds and attracted big investors. Staking rewards are very high. Its tech upgrades aim to improve Solana’s speed and storage. Experts think SOLX could grow a lot by 2030. That said, crypto is risky and prices can change fast. Do your own checks before investing. Solaxy is one to watch from 2025 to 2030, especially if you want to explore tokens in the growing blockchain space.

Why Invest in Solaxy?

Buying $SOLX today is more than just buying a new cryptocurrency. It is about securing a spot in the future of Solana Layer 2 solutions. Solaxy is the first of its kind, and we expect robust interest from not just investors but Solana developers.

Our price predictions also suggest massive gains of over 10,000% in the next few years. The token’s utility also makes it a long-term option. If you need a new cryptocurrency to invest in, this should be it. Notwithstanding, we recommend investing prudently always.

Read up on our Solaxy buying guide to ensure you have all you need before purchasing the token.

What Is Solaxy? A Fresh Force in Meme Coins

Solaxy (SOLX) is gaining attention as a meme coin with real tech behind it. It is built as a Layer 2 (L2) scaling solution for the Solana blockchain. This means Solaxy is more than a fun token; it helps fix problems Solana faces when many users try to transact at once. Solaxy blends the popular meme culture with powerful blockchain features. This mix has pushed its ICO fundraising near $27 million, making it one of the most promising meme coin ICOs to buy in 2025. The buzz around Solaxy comes from a new upgrade by its developers. This update improves how Solaxy handles transactions off the main Solana chain. The result? Faster trades and less network traffic. For investors looking for growth tied to real tech, Solaxy is catching eyes fast.

You don’t need a spaceship. Just $SOLX. 🔥🛸 pic.twitter.com/IoiIVqkyB6

— SOLAXY (@SOLAXYTOKEN) March 18, 2025

Solaxy’s Layer 2 Edge: Solana’s Scaling Helper

A key reason Solaxy stands out is because it is Solana’s first Layer 2 scaling chain. Layer 2 means it works on top of Solana to make things faster and smoother without overloading Solana’s main network.

Solaxy’s Layer 2 Main Benefits:

• Processes transactions off-chain, easing Solana’s network load.
• Makes transfers cheaper and speedier for users.
• Supports more users and bigger dApps (decentralized apps).

Solaxy fixes some of Solana’s bottleneck issues. It doesn’t just ride on meme hype but adds real value for Solana users and developers.

Cross-Chain Bridge Connects Solana and Ethereum

SolaxyCoin goes a step further by including a cross-chain bridge. This lets users move tokens between Solana and Ethereum blockchains easily. Why is this big? Here’s why:

• Users can tap into bigger liquidity pools between two major chains.
• DeFi apps become more flexible and accessible.
• Traders and developers get more freedom in how they use their crypto.

By linking Solana and Ethereum, Solaxy improves the usefulness of its token. This makes it more than just a meme coin—it becomes part of a bigger multi-chain system.

SOLX Coin ICO: Key Details and Benefits for Investors

The Solaxy ICO kicked off in late 2024 and runs until May 2025. This presale phase is fueling the token’s rapid growth and attracting many crypto buyers.

What You Need to Know About the Solaxs ICO:

• More than 20% of SOLX tokens are set aside for presale.
• Prices begin low, at about $0.001668 per token.
• You can buy SOLX with ETH, USDT, BNB, or even credit cards.
• Staking rewards are strong, offering 150% APY during presale.
• The Token Generation Event (TGE) is planned for Q2 2025, leading into listings on exchanges.

These facts have drawn a mix of small investors and big players. This helped the ICO pull in nearly $27 million so far.

What Market Experts Say and Community Support

Experts watching SOLX expect its price to peak near $0.031 in 2025. Like any new token, SOLX will likely go through ups and downs once it hits exchanges. But the overall mood is positive due to its solid tech and growing fan base. Recent market analyses highlight the ICO’s impressive momentum, with industry experts predicting significant post-listing rallies. One insightful article notes:

“The SOLX ICO has surpassed $28 million, signaling strong market confidence. Experts foresee a potential explosive growth phase following its listing.“
Read more at CryptoRank

Why SOLX Coin May Be the Best Meme Coin to Buy in 2025

What makes SOLX a top pick for meme coin buyers in 2025? Here are the main reasons:

• It’s the first Layer 2 scaling solution built for Solana, improving speed and cost.
• The ICO is strong, raising almost $27 million with big staking bonuses.
• It features a smart cross-chain bridge to Ethereum, expanding use cases.
• A lively community and meme culture boost its popularity.
• Market forecasts show solid upside potential in the coming year.

SolaxyCoin mixes fun meme coin energy with real blockchain upgrades. This rare blend points to long-term promise.

Looking Ahead: What’s Next for SOLX Coin?

Solaxy’s ICO momentum and new developer updates set it up well for 2025. Its Layer 2 scaling fixes key Solana limits, while the cross-chain bridge adds flexible options for users. This means Solaxy is more than just hype. It’s a serious Layer 2 project aiming to shape the future of meme coins and blockchain usability. If you’re scanning the meme coin space this year, SOLX deserves a close look. Its early ICO phase offers a chance to join before the Token Generation Event and wider exchange listings. For many investors, SOLX could be the best meme coin to buy in 2025. For the latest coverage on Solaxy’s ICO rise and development upgrades, this recent news article offers an excellent overview:
Solaxy ICO Soars as New Dev Upgrade Drops – Best Meme Coin to Buy (CryptoNomist).

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