LayerZero is Live on ApeChain Mainnet

Twitter icon  •  Published 2 months ago on October 22, 2024  •  Hassan Maishera

On Sunday, the LayerZero team announced via X that LayerZero is now live on the ApeChain mainnet.

LayerZero is Live on ApeChain Mainnet

On Sunday, the LayerZero team announced via X that LayerZero is now live on the ApeChain mainnet. ApeChain powers the ApeCoin ecosystem with APE as its native gas token. 

Integrated with LayerZero's OFT standard, APE enables seamless cross-chain transfers, enhancing utility across multiple blockchains while ensuring scalable and efficient transactions. ApeChain focuses on ecosystem discovery, unique Web3 features, and optimizing the user experience for developers and users alike.

LayerZero is an interoperability protocol designed to facilitate seamless communication between different blockchains. It aims to create a unified, interconnected blockchain ecosystem where assets and data can move freely across various networks. ZRO trades at $3.850, down 6% in the last 24 hours. 

ApeCoin (APE) is the governance and utility token of the APE ecosystem. It is a decentralized protocol layer that supports the APE community building at the forefront of Web 3.0. APE is trading at $1.524, down 1% 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.