On Monday, the Enjin team announced via X that it had launched Enjin and is now live on the Hyperbridge testnet. Thanks to this launch, users can move tokens and NFTs across over 10 chains, including ETH, Polkadot, BSC, and more, secured by fully decentralized on-chain proof verification.
Enjin Coin (ENJ) is an Ethereum-based cryptocurrency that is used to directly back the value of next-generation blockchain assets. It aims to become "the gold standard for digital assets." ENJ is down 3% so far today and is trading at $0.0875 at press time.