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Avail Expands AVAIL and stAVAIL Multichain to Base with Wormhole NTT

Twitter icon  •  Published hace 1 año on November 29, 2024  •  Hassan Maishera

On Thursday, the Wormhole team announced via a blog post that Avail is integrating Wormhole’s NTT framework to take its tokens, AVAIL and stAVAIL, to Base.

Avail Expands AVAIL and stAVAIL Multichain to Base with Wormhole NTT

On Thursday, the Wormhole team announced via a blog post that Avail is integrating Wormhole’s NTT framework to take its tokens, AVAIL and stAVAIL, to Base. This integration expands the reach of Avail’s unification layer to the budding ecosystem of web3 consumer applications on the network.

The Avail Network is a modular application development stack featuring a DA layer, a multi-asset security layer, and a cross-chain communication layer. The stack empowers developers to build and deploy custom appchains and rollups with ease.

By integrating with NTT, teams can develop cross-chain protocols within an open architecture designed to support long-term protocol evolution.

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 $0.3018, up 3% in the last 24 hours.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.