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Layer3 Goes Multichain with Wormhole’s NTT Framework

Share on X icon · Published 2 years ago on October 11, 2024 · Hassan Maishera

On Thursday, the Wormhole team announced via X that Layer3 has gone multichain on the Solana blockchain by leveraging Wormhole’s NTT framework.

Layer3 Goes Multichain with Wormhole’s NTT Framework

On Thursday, the Wormhole team announced via X that Layer3 has gone multichain on the Solana blockchain by leveraging Wormhole’s NTT framework. With this integration, $L3, the token powering Layer3's consumer attention platform, extends to Solana while maintaining its intrinsic properties across EVM chains. 

Wormhole's NTT enables effortless $L3 transfers between EVM chains and Solana via Portal, preserving token utility and preventing liquidity fragmentation.

Wormhole is a decentralized bridge between blockchains that enables the transfer of assets and data across different blockchain networks. It aims to facilitate interoperability and expand the capabilities of blockchain technology. W is trading at $0.3004, down 1% in the last 24 hours.

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Hassan Maishera
Hassan Maishera Senior Reporter

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.