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$RED Goes Natively Multichain on Solana, Powered by Wormhole

Twitter icon  •  Published 1 year ago on July 11, 2025  •  Hassan Maishera

On Thursday, the Sui Foundation announced via X that $RED by RedStone now natively multichain on Solana with Wormhole NTT.

$RED Goes Natively Multichain on Solana, Powered by Wormhole

On Thursday, the Sui Foundation announced via X that $RED by RedStone now natively multichain on Solana with Wormhole NTT. With NTT, tokens advance by cutting liquidity fragmentation while maintaining control over token ownership, metadata, and upgradeability.

Wormhole is a leading interoperability platform powering multichain applications and bridges at scale. Wormhole’s modular suite of open-source, permissionless protocols and tools is being used by multichain builders to create some of the most popular web3 applications. W is trading at $0.0801, up 16.42% in the last 24 hours. 

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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.

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