Swing Protocol, a platform that allows users to move crypto between Layer-1 and Layer-2 chains, announced in a Medium post on Wednesday that Harmony Protocol is now part of its bridge ecosystem. This latest development means that users can now bridge ONE on Swing to start trading.
It added that Harmony’s users can aggregate liquidity and bridge options available across its other networks (Ethereum and BNB Chain), ensuring users can get the best prices on token trades and can make use of the most cost-efficient cross-chain bridges.
Harmony is a fast and secure blockchain for decentralized applications. Harmony's main focus is on achieving scalability by dividing not only the network nodes but also the blockchain states into shards, "scaling linearly in all three aspects of machines, transactions and storage".
ONE, Harmony Protocol’s native token, is up by more than 8% in the past 24 hours and currently trades at $0.15311