On Thursday, the Wormhole team announced via X that Polygon’s native coin, $POL, is now available on Solana, powered by the Wormhole NTT framework. Users can now transfer $POL to the Solana blockchain using the Wormhole Portal Bridge.
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 $0.0657, down 9.8% in the last 24 hours.
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. POL is down 9.9% in the last 24 hours and trades at $0.2004.
Solana is an integrated, open-source blockchain that synchronizes global information at the speed of light. The network is focused on fast transactions and high throughput to encourage mass consumer adoption of blockchain technology. SOL is down 9.6% in the last 24 hours and trades at $143.98.