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Across Protocol Launches Native One-Step Bridge Between Ethereum and Solana

The protocol introduces direct bridging as Solana’s inbound transfer volume more than doubled year over year, surpassing $10.1 billion by April.

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Summary

Across Protocol has introduced single-step native bridging between Ethereum and Solana. The launch coincides with Solana’s inbound bridging volume rising more than twofold year over year, reaching $10.1 billion as of April. The project states its model is designed to reduce user drop-offs.

Terms & Concepts
  • Bridging: A process that allows the transfer of tokens or data between different blockchain networks.
  • Ethereum: A leading smart contract blockchain that supports decentralized applications and tokens.
  • Solana: A high-performance blockchain known for its fast transaction speeds and low fees, often used for DeFi and NFT projects.