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Celer Network Expands Support for Flow Blockchain

Twitter icon  •  Published 2 months ago on September 26, 2024  •  Hassan Maishera

On Wednesday, the Celer Network announced via X that it has expanded its support for the Flow blockchain.

Celer Network Expands Support for Flow Blockchain

On Wednesday, the Celer Network announced via X that it has expanded its support for the Flow blockchain. With this expansion, cBridge can now be used to bridge $USDC between the new Flow EVM and Ethereum. 

Furthermore, All tokens previously able to be bridged to Cadence from Ethereum, like $USDC, $WETH, $WBTC, and $RLY, are fully supported on Flow Cadence 1.0.

Celer Network is an interoperability platform that supports cross-chain fund transfers and generic message passing. CELR, its native token, has risen 2% in the last 24 hours and is currently trading at $0.01368.

Flow is a layer-1 blockchain that aims to be fast, decentralized, and developer-oriented. It is designed as the foundation for powering games, apps, and associated digital assets. FLOW is up 1% in the last 24 hours and now trades at $0.611.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.