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IoTeX Integrates with Polygon’s AggLayer

Twitter icon  •  Published 1 year 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.

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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.