Cross-Chain Transactions

Namada Launches Mainnet for Shielded Cross-Chain Transactions

Tuesday. December 3 at 8:00 PM

1 min. read

Namada, based in Zug, Switzerland, has officially released its genesis block, signaling the launch of its mainnet. The mainnet rollout includes staking and governance, marking the initial phase of Namada's decentralized network. Namada aims to safeguard user data during on-chain activities and cross-chain transactions through its Multi-Asset Shielded Pool (MASP). This innovative feature allows users to shield data related to any asset, facilitating secure interactions across various blockchain networks. Users also have the option of selectively disclosing transaction data. The launch, supported by the Anoma Foundation, emphasizes user control over sensitive data and aims to enhance adoption in the crypto space. Namada's community-driven genesis process ensures transparency and decentralization, with plans to expand support for IBC-based assets and other ecosystems in the future.

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Sonic Labs Launches FTM to S Token Swaps via Gateway

Thursday. December 26 at 9:00 AM

Sonic Labs recently introduced the Sonic Gateway, enabling the conversion of FTM tokens from Ethereum to S tokens on the Sonic mainnet at a 1:1 ratio. The gateway also supports the transfer of EURC, USDC, and WETH. With 2.8 billion FTM tokens in circulation among 117,731 holders, Sonic, a new blockchain compatible with EVM, aims to process 10,000 transactions per second with block finality in under a second. The native S token shares the same supply as FTM and will have 190.5 million tokens distributed to incentivize ecosystem interactions. Sonic's TVL has surged to $62 million, with plans to introduce credit scores for digital wallets in the $11 trillion market. The Sonic Gateway ensures asset custody during network failures and offers a Fast Lane for instant transaction acceleration. Despite potential delays, users can expect efficient asset processing between Ethereum and Sonic networks.

Cross-Chain Transactions

Revolutionizing AI Agent Platform with Injective and Sonic Collaboration

Saturday. December 21 at 3:00 AM

Injective and Solana Virtual Machine (SVM) game platform Sonic have announced a groundbreaking collaboration to introduce the first cross-chain artificial intelligence (AI) agent platform. This innovative AI agent hub, powered by Sonic’s HyperGrid technology and the Inter-Blockchain Communication Protocol (IBC), will integrate Solana and Injective ecosystems. Developers will have access to tools for creating, deploying, and monetizing AI agents within the decentralized ecosystem. The initiative aims to bring fractional ownership and revenue sharing benefits to the marketplace. Leveraging technologies like Injective WebAssembly (WASM) and SVM explorer, the Smart Agent Hub will enhance the distribution and awareness of AI agents through platforms like Sonic X. The partnership with Sonic follows Injective's launch of a toolkit for creating AI agents and aligns with the growing interest in AI agents. Injective Labs plans to roll out the Smart Agent Hub in phases, starting with a testnet in Q1 2025.

Cross-Chain Transactions

Innovative Memecoin Project Pepeto Enters Presale Phase

Sunday. December 15 at 8:00 PM

Pepeto is currently in its presale phase, offering tokens at $0.000000098 each. The project stands out with unique features such as a zero-fee cross-chain bridge, a memecoin-focused exchange, and a staking platform rewarding user engagement. Pepeto's official website is https://pepeto.io. The project's engaging narrative, centered around the God of Frogs' quest for sacred documents, has sparked interest on social media. Combining utility and storytelling, Pepeto aims to make a mark in the memecoin space. With a roadmap progressing into Q1 2025, Pepeto focuses on enhancing its exchange ecosystem and utility features. The project, priced similarly to Pepe with a total supply of 420T, emphasizes community engagement and innovation. Pepeto's goal is to offer practical solutions for memecoins while fostering a dedicated user base through its ecosystem innovations. Visit https://pepeto.io for more information and updates.

Cross-Chain Transactions

Trending Altcoins Experience Price Surges Due to Exchange Listings

Saturday. December 7 at 11:00 AM

Today, December 6, saw a surge in the prices of top trending altcoins, possibly due to surprise exchange listings. Among the top three trending altcoins - Across Protocol (ACX), Bertram The Pomeranian (BERT), and Orca (ORCA) - ACX experienced a significant price increase after being listed on Binance. The price of ACX rose from $0.61 to $1.45 before settling at $1.21. Technical indicators suggest a bullish momentum for ACX, with a potential rise to $2. On the other hand, BERT, a meme coin on Solana, saw a 16% price drop, but remains popular. ORCA, also listed on Binance, surged by 90% to $7.16. Market conditions are volatile, and caution is advised when making financial decisions.

Cross-Chain Transactions