On Friday, the Wormhole team announced via a blog post that Dogecoin’s $DOGE has gone multichain, starting with Solana. Using Wormhole's Native Token Transfers (NTT) framework and zero-knowledge proofs (ZKPs) built by Psy and RISC Zero, the expansion will bring $DOGE to Solana, establishing it as a Solana-native token and significantly enhancing its utility and accessibility across the broader crypto market.
Wormhole's NTT framework enables the frictionless transfer of multichain tokens while maintaining ownership and contract upgradability across blockchains.
Wormhole is a decentralized bridge between blockchains that enables the transfer of assets and data across different blockchain networks. It aims to facilitate interoperability and expand the capabilities of blockchain technology. W is trading at $0.1005, up 4.5% in the last 24 hours.
Dogecoin (DOGE) is an open-source peer-to-peer cryptocurrency reported to be a fork of the source code of Litecoin (LTC); its first block was mined in December 2013. DOGE is up 2% in the last 24 hours and now trades at $0.2281.