On Tuesday, the Wormhole team announced via X that Wormhole will power Quai Network. This will enable multichain utility and expansion of native tokens $QUAI & $QI with Wormhole NTT.
Quai is the world's first energy-based monetary system delivering 255,000 TPS through sharded EVM-compatible blockchains, all powered by its Proof-of-Entropy-Minima consensus.
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 $0.0867, up 4.2% in the last 24 hours.