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$GEOD Token is Now Natively Mutltichain, Powered by Wormhole’s NTT Framework

Twitter icon  •  Published 3 hours ago  •  Hassan Maishera

On Tuesday, the Wormhole team announced via X that $GEOD, the native token of the GEODNET ecosystem, is now natively multichain, powered by Wormhole NTT (Native Token Transfers).

On Tuesday, the Wormhole team announced via X that $GEOD, the native token of the GEODNET ecosystem, is now natively multichain, powered by Wormhole NTT (Native Token Transfers).

GEODNET refines GPS data, providing pinpoint accuracy crucial for the transportation, construction, and agriculture industries. The expansion brings GEODNET's innovative DePIN solution to Solana, maintaining native token integrity and consolidating liquidity across networks. GEODNET is a pioneering DePIN project improving GPS accuracy.

By leveraging NTT, $GEOD retains its essential properties across chains, ensuring a consistent token experience for users while preventing liquidity fragmentation.

Wormhole is a decentralized bridge between blockchains that enables the transfer of assets and data across different blockchain networks. It aims to facilitate interoperability and expand the capabilities of blockchain technology. W is trading at $0.2987, down 4% in the last 24 hours.

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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.