Hassan Maishera
On Friday, the Wormhole team announced via X that $RED is now natively multichain with Wormhole’s NTT framework. Redstone expands $RED to Base, preserving native token functionality and preventing liquidity fragmentation across chains.
Redstone is a modular blockchain oracle providing essential data feeds for blockchain applications, enabling the secure delivery of any type of data to any chain. $RED powers RedStone's oracle network through staking, enhancing network security via the RedStone AVS (Actively Validated Service). With Wormhole’s NTT framework, $RED enables a unified liquidity experience for users and developers across chains.
Wormhole is a leading interoperability platform powering multichain applications and bridges at scale. Wormhole’s modular suite of open-source, permissionless protocols and tools are being used by multichain builders to create some of the most popular web3 applications. W is trading at $0.1051, up 6% in the last 24 hours.
