By trading volumes, top US crypto exchange platforms are suddenly adding support for wormhole (W), making the native assets of cross-chain messaging projects a short rally.
In a new announcement, Coinbase Assets says it is adding Wormhole, an interoperability project that enables communication between blockchains, to its set of digital asset products.
“Wormhole (W) currently lives on http://coinbase.com and the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive and store these assets.”
Additional news sent W Flying as Crypto Asset peaked at $0.81 just a day after its lowest $0.61 on June 27th. Wormhole has since traded at $0.071 hours since writing, a slight decline over the past 24 hours.
According to its official website, Wormhole is currently compatible with a number of notable blockchains, including the Base and BNB chains, the two largest crypto exchanges in the world, Coinbase and Binance, respectively.
“A fully integrated chain can send and receive tokens and NFTs using cross-chain distributed applications (DAPPS). It can also publish and validate messages between and between the network, meaning developers can take advantage of the full suite and power of wormholes.”
Other compatible chains include smart contract platforms Ethereum (ETH), Algorand (Algo), and Avalanche (Avax), and Layer-2 scaling solutions optimism (OP), Arbitrum (ARB), and polygons (POL).
