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LayerZero Partners with Sonic Labs

Twitter icon  •  Published hace 2 semanas on December 10, 2024  •  Hassan Maishera

On Tuesday, the LayerZero team announced via X that it has partnered with Sonic Labs, previously known as the Fantom Foundation.

LayerZero Partners with Sonic Labs

On Tuesday, the LayerZero team announced via X that it has partnered with Sonic Labs, previously known as the Fantom Foundation. With this partnership, applications and tokens from the 90+ chains connected by LayerZero can expand to Sonic in preparation for its public launch this month.

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 $5.920, down 8.5% in the last 24 hours. 

Fantom is building a programmable platform on a directed acyclic-graph-based distributed ledger. Its FTM coin is down 14% in the last 24 hours and is currently trading at $1.1254.

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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.