LayerZero Labs announced on X Platform that Symbiotic will be available on LayerZero. Through Ethena Labs, Symbiotic will be integrated into the LayerZero DVN framework, enabling users to stake ENA to secure cross-chain transfers of Ethena assets.

Solana joins LayerZero's network, boosting its cross-chain interoperability and allowing developers to create omnichain applications. source: https://dailycoin.com/layerzero-adds-solana-breaking-down-crypto-walled-gardens/?utm_source=cryptopanic&utm_medium=rss

According to Odaily, LayerZero, a protocol for interoperability of cross-chain asset transfers, has announced the addition of Solana to its cross-chain bridge network. This move will enable Solana users to transfer their assets between Arbitrum, Ethereum, Polygon, and other chains integrated with LayerZero. The relevant integrations have already been launched. LayerZero's integration of Solana into its network signifies a significant development in the blockchain industry. It allows for seamless asset transfers between different blockchain networks, thereby enhancing the interoperability of these networks. This is particularly beneficial for Solana users, who can now move their assets across various chains, including Arbitrum, Ethereum, and Polygon. The integration has already been implemented, marking a significant milestone for LayerZero. This development not only expands the reach of LayerZero's cross-chain bridge network but also increases the utility and flexibility of Solana's assets. It is a significant step towards achieving greater interoperability and connectivity in the blockchain ecosystem.

LayerZero, a cross-chain asset transfer interoperability protocol, announced the addition of Solana to its cross-chain bridge network. This move will enable Solana users to transfer their assets between Arbitrum, Ethereum, Polygon and other chains integrated with LayerZero. The relevant integration is now live. (TheBlock)

According to Odaily, recent data reveals that Orderly Network's message traffic on LayerZero has reached a significant 28% in the past 24 hours. This indicates a substantial increase in the network's activity and usage. In addition to this, Orderly Network is also considering expanding its operations to the Solana blockchain. The network has reached out to its community to gauge interest in this potential move. The decision to expand to Solana could potentially increase the network's reach and influence in the blockchain space. However, the final decision has not been made yet, and the network is still in the process of gathering feedback from its community. The move to Solana would mark a significant step in Orderly Network's growth and development strategy. These developments highlight Orderly Network's ongoing efforts to increase its presence and influence in the blockchain industry. The increase in message traffic on LayerZero and the potential move to Solana are indicative of the network's strategic growth plans.

According to Odaily, LayerZero Labs has announced the launch of LayerZero on the X platform. The LayerZero Endpoint on Solana has been released in the 'Mainnet Beta' version, supporting cross-chain messaging across eight chains: Solana, Ethereum, Arbitrum, Optimism, Base, BNB Chain, Avalanche, and Polygon. After the completion of the fourth and final audit round, the name 'Mainnet Beta' will be removed from LayerZero documents, and all 70 chains will be connected to Solana. This development marks a significant step in the expansion of LayerZero Labs' operations and its integration with Solana, a high-performance blockchain platform. The launch of LayerZero on Solana is expected to enhance the interoperability of different blockchain networks, facilitating seamless communication and transactions across multiple chains. This is particularly beneficial for the blockchain ecosystem as it fosters greater collaboration and integration among different blockchain platforms.

According to Odaily, LayerZero has announced plans to extend its services to Solana this Wednesday. Once the expansion is complete, cryptocurrency holders on the Solana blockchain will have the ability to transfer their assets to Arbitrum, Ethereum, Polygon, and 70 other blockchains supported by LayerZero. This move by LayerZero is a significant step towards enhancing interoperability between different blockchain platforms. By enabling asset transfers across multiple blockchains, LayerZero is facilitating a more seamless and efficient cryptocurrency ecosystem. The expansion to Solana is expected to be completed by Wednesday. Once operational, it will provide Solana's cryptocurrency holders with more flexibility and options for managing their digital assets. This development is a testament to LayerZero's commitment to fostering a more interconnected and versatile blockchain environment.

LayerZero revealed that it will expand to Solana on Wednesday. Once the expansion is completed, cryptocurrency holders on the Solana chain will be able to transfer assets to Arbitrum, Ethereum, Polygon, and 70 other blockchains supported by LayerZero. (Coindesk)

Crypto holders on Solana will be able to move their assets to Arbitrum, Ethereum, Polygon and the 70 other chains it links to – and vice versa. source: https://www.coindesk.com/tech/2024/05/29/crypto-bridge-layerzero-connects-to-solana-blockchain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines