IoTeX Integrates with Polygon’s AggLayer

Twitter icon  •  Published 9 months ago on September 18, 2024  •  Hassan Maishera

On Tuesday, the IoTeX team announced via X that it has integrated with Polygon’s AggLayer to become the DePIN Layer for All Chains.

IoTeX Integrates with Polygon’s AggLayer

On Tuesday, the IoTeX team announced via X that it has integrated with Polygon’s AggLayer to become the DePIN Layer for All Chains. The integration with AggLayer connects IoTeX’s 2.0 blockchain vision to a multi-chain world, and further enhances cross-chain rewards and liquidity for DePIN projects. AggLayer’s interoperability ensures security and scalability, empowering IoTeX-based apps to thrive across blockchains.

IoTeX's mission is to be a privacy-centric blockchain managing the entire information lifecycle of an Internet of Things (IoT) network, including data collection, transport, storage, and utilization. IOTX is up 2% today and is currently trading at $0.03430.  

Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. POL is up 1% in the last 24 hours and trades at $0.3803.

Senator Lummis Introduces Standalone Crypto Tax Reform Bill After Budget Package Exclusion
Next article Senator Lummis Introduces Standalone Crypto Tax Reform Bill After Budget Package Exclusion

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.