Solana’s ecosystem is experiencing a significant uptick in bridging activity, especially since November 2023. Bridges like Wormhole, Allbridge, and deBridge (early supporters of the Solana ecosystem) are well-positioned to benefit from this surge.
The user demand to move funds to Solana has sparked a rush for liquidity bridges to expand to Solana. In December alone, Synapse, Meson, and Hashflow added routes to Solana. Soon, the need for aggregation platforms like Jumper to support Solana will become apparent.
Wormhole offers the most robust offering for developers in terms of messaging protocols, while deBridge's DLN is emerging as the preferred liquidity bridge for asset transfers.
Very few applications on Solana feature built-in bridging, but the landscape is evolving. Phantom and Jupiter are at the forefront of this change, embedding bridging functions within their services.
Upcoming projects like Circle's CCTP, Wormhole's cross-chain queries, and Jumper Exchange's cross-chain swaps will enhance Solana's connectivity with the broader blockchain ecosystem. Moreover, innovations such as Tinydancer's light clients and Picasso's IBC guest blockchain concept can potentially enable trust-minimized cross-chain interactions.
We produce in-depth blockchain research articles
The future of blockchain will be multi-chain, and numerous SDK services are emerging regardless of L1, L2. Let's explore the SDKs in each ecosystem.
In the era of AGI, what will we consider valuable? Likely, content that is certified as "human-made" will stand out as valuable. In other words, the focus of value evaluation will shift from the quality of the content to who created it. Therefore, our next challenge is identifying what is human and what is not in the digital world. Let me introduce the Humanity Protocol, which is utilizing Proof of Humanity (PoH) to create the infrastructure needed to prove our humanity and distinguish between humans and AI in the era of AGI.
Starting with a social wallet using Web2 social logins, Particle Network now focuses on simplifying multi-chain complexities with their core product, Universal Account Stack (Universal Account, Liquidity, and Gas). In this article, let’s look into the core components when crypto users interact with and what exactly Particle Network is building to provide the “Future of Crypto UX.”
This is a piece explaining the problems defined by the KYVE Network and the unique structure of the KYVE Network.
