With one day left until its conclusion and the launch of major updates, the Solaxy ICO raises funding of 1,000,00064035593723 in one day to exceed its total of 50 million dollars with the burning of SOLX tokens worth 62 million dollars.

The event of burning a portion of the Solaxy (SOLX) supply and the development of Hyperlane mechanisms is shifting the competition landscape of layer two protocol competitions and opening new horizons for integration between the Solana and Ethereum blockchains.

The Solaxy (SOLX) ICO added investments worth 1,000,00064035593723 to its total to exceed 50 million dollars with only one day left until its conclusion, coinciding with the project's team announcement of two significant developments that sparked the excitement of its growing community; one relates to achieving an important milestone in enabling compatibility between diverse blockchain systems, and the other.

The journey of Solaxy began by fulfilling the promises of its roadmap and preparing to launch its new network after solidifying its foundational pillars, thus becoming at the forefront of the layer two solutions race on Solana without serious competition. However, the remaining window of time to purchase SOLX at its current price of 0.0017664035593723 during the final stages of the ICO is about to close, representing an opportunity that may not be repeated again after it gets listed and becomes available to a broader base of investors.

Here, the initiative of the Solaxy team to burn 35,046,000,000 SOLX tokens (25% of the total supply) worth over 62,000,00064035593723 is mentioned to support its launch and give its circulating supply a sense of scarcity.