Back

Solana Blockchain — Over $68M Bridged (cross-chain token transfers) in 7 Days; $40M From Ethereum

According to a report, more than $68 million moved via bridges (tools moving assets between blockchains) to the Solana blockchain over the last seven days, including over $40 million originating from the Ethereum network.

ETH
SOL

Summary

No Summary provided as the original text is short

Terms & Concepts
  • Cross-chain bridge: A protocol that moves assets between different blockchains by locking on the source chain and releasing or minting on the destination chain.
  • Bridging: The process of transferring tokens across blockchains using a cross-chain bridge.
  • Solana blockchain: A high-throughput blockchain focused on fast transactions and low fees.