LayerZero, an interoperability protocol for cross-chain asset transfers, has integrated Solana, one of the fastest-growing blockchains in cryptocurrency. With this addition, the total number of blockchains in LayerZero's network has increased to over 70.
The integration is already available, providing developers with tools to build applications that can send assets and data to and from Solana via a variety of channels, including rollups, layer 1s, layer 2s, and other non-EVM chains.
LayerZero's technology currently connects the Solana network to seven other chains: Ethereum, Avalanche, Polygon, Arbitrum, BNB Chain, Optimism, and Base.
According to data from Messari, LayerZero users moved $6.7 billion worth of cryptocurrencies and generated $11.5 million in revenue in the first quarter of 2024 alone.
In a recent press release, LayerZero also announced plans to expand Solana integration to its entire network of 70+ blockchains in the near future.
Bryan Pellegrino, co-founder of LayerZero, emphasized the importance of Solana integration and said:
“Integrating Solana is incredibly important. Crypto was built to disrupt the walled gardens of traditional finance. Yet sometimes we find ourselves recreating those walls, just as Solana and Ethereum, two of the largest blockchains, cannot communicate with each other natively.” like.”
*This is not investment advice.
