HBAR Foundation, the development team behind the Hedera blockchain, announced via a blog post on Monday that XP.NETWORK, a multi-chain bridge working to unify NFT ecosystems across different networks, now connects Hedera NFTs to 30+ blockchains including Ethereum, Polygon, and Solana.
Thanks to this latest development, NFT projects built on Hedera can now be listed on globally known Marketplaces, such as OpenSea. Furthermore, marketplaces on Hedera, like Zuse and SentX can now approach NFT collections on other chains like Bored Apes Yacht Club ($571M market cap), Crypto Punks, etc. and trade them within the Hedera ecosystem.
Hedera Hashgraph is a distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance. HBAR is trading at $0.0597 at press time, down by 3% over the last 24 hours.