Celer Announces cBridge Bridging Support for Sui

Twitter icon  •  Published il y a 10 mois  •  Hassan Maishera

The Celer Network announced via a blog post on Monday that it is launching cBridge support for Sui, an innovative decentralized Layer 1 blockchain.

The Celer Network announced via a blog post on Monday that it is launching cBridge support for Sui, an innovative decentralized Layer 1 blockchain. This latest development marks a significant milestone in supporting Sui and represents a major step forward in achieving seamless interoperability across blockchain ecosystems. 

With this integration, Celer is introducing seamless token bridging to the Sui network. Celer is initially supporting the bridging of several popular tokens—ETH, WBTC, USDC, USDT, and DAI. This enables users to transfer these tokens between different blockchain ecosystems with ease, the team added. 

Celer Network is an interoperability platform that supports cross-chain fund transfers and generic message passing. CELR, the native token of Celer Network, is up by 1% in the last 24 hours and is currently trading at $0.01704.

Sui is a Layer 1 blockchain and smart contract platform designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone. SUI is currently down by more than 1% today and is trading at $0.7273 per coin. 

 

Author

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.