Quick facts

• Launch date: 24May2024
• Token symbol: SXCH
• Total supply: 400million tokens
• Initial price (IDO): 0.1USDT per token
• Current price (Oct2025): ~0.001USDT

What is SolarX?

SolarX is a renewable‑energy‑focused cryptocurrency that runs on its own layer‑1 blockchain. It was launched on 24May2024 to address the massive electricity consumption of traditional proof‑of‑work coins. By powering every node with solar or wind farms, SolarX promises a carbon‑neutral mining process.

Token basics and the IDO

The project’s native token carries the ticker SXCH. An Initial DEX Offering (IDO) took place on 25May2024, raising US$3million at 0.1USDT per token. Only 7.5% (30million) of the 400million total supply were sold to the public, leaving the majority for the development team, strategic partners, and future ecosystem incentives.

Tokenomics at a glance

The relatively low public‑sale portion signals a conservative approach, but it also means early investors hold a smaller slice of the total pie.

Market performance so far

After debuting at $0.10, SXCH plunged to an all‑time low of $0.0027 in July2025. As of 2October2025 the price hovers around $0.001, a 97% drop from its peak. Daily trading volume sits between US$33k and US$54k, with the highest activity on the MEXC exchange, where the SXCH/USDT pair moves roughly US$53k per day.

Technical charts show a neutral trend: the 50‑day moving average has slipped below the 200‑day line, yet price remains above both averages, indicating short‑term indecision. Volatility remains high; 24‑hour price swings range from $0.0031 to $0.0033 on some data feeds, while other feeds list the token near $0.00093. Such discrepancies underline the fragmented nature of SXCH’s market data.

How the layer‑1 blockchain works

SolarX’s layer‑1 blockchain is built from the ground up to run exclusively on renewable sources. Instead of relying on energy‑intensive proof‑of‑work, the network uses a hybrid proof‑of‑stake/ proof‑of‑authority model that rewards validators who can prove their power comes from solar or wind farms. This design reduces electricity usage by an estimated 90% compared with Bitcoin’s legacy mining process.

The architecture also allows the chain to scale without congesting existing networks like Ethereum, offering faster finality (under 5seconds) and lower transaction fees (sub‑$0.001 on average).

Staking and where to trade SXCH

Holders can stake SXCH directly on MEXC. The platform offers a simple “Stake Now” button, and rewards are distributed weekly based on the total staked amount. Exact APY figures are not publicly disclosed, but community reports suggest a range of 5‑12% annually.

Besides MEXC, SXCH appears on a handful of decentralized exchanges (Uniswap‑style routers) but liquidity is thin, contributing to the price volatility observed across data sources.

Risks, challenges, and future outlook

Investors face several headwinds:

• Price risk: A -92% ROI since the IDO, with price predictions ranging from $0.00044 to $0.063 by 2026, reflecting extreme uncertainty.
• Adoption risk: Limited community engagement and low daily volume suggest the network has yet to attract a critical mass of developers or users.
• Regulatory risk: While renewable‑energy projects are gaining favor, crypto‑specific regulations could affect token listings or staking services.

On the upside, the environmental narrative could become a differentiator if regulatory bodies start rewarding low‑carbon blockchain solutions. Continued expansion to more exchanges, transparent staking rewards, and tangible renewable‑energy partnerships would help solidify SolarX’s market position.

SolarX vs. traditional crypto: a quick comparison

The table highlights why SolarX markets itself as a greener alternative. However, the network’s size and liquidity are still far behind Bitcoin’s massive ecosystem.