On Tuesday, the IoTeX team announced via X that its native token $IOTX is now multichain on Solana, powered by Wormhole’s NTT framework. Thanks to this latest development, users can transfer $IOTX to the Solana blockchain with ease.
IoTeX's mission is to be a privacy-centric blockchain managing the entire information lifecycle of an Internet of Things (IoT) network, including data collection, transport, storage, and utilization. IOTX is up 1.15% today and is currently trading at $0.02367.
Wormhole is a leading interoperability platform powering multichain applications and bridges at scale. Wormhole’s modular suite of open-source, permissionless protocols and tools is being used by multichain builders to create some of the most popular web3 applications. W is trading at $0.0826, up 1% in the last 24 hours.