WOO Expands to Solana Using LayerZero’s OFT Standard

Twitter icon  •  Published 1 week ago on December 12, 2024  •  Hassan Maishera

On Wednesday, the LayerZero team announced via X that WOO has expanded to Solana using LayerZero's OFT Standard.

WOO Expands to Solana Using LayerZero’s OFT Standard

On Wednesday, the LayerZero team announced via X that WOO has expanded to Solana using LayerZero's OFT Standard, a contract enabling token issuers to deploy assets across multiple chains simultaneously. Users can now bridge $WOO from Ethereum with ease via the official Woo Finance website. 

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 $7.024, up 17% in the last 24 hours. 

WOO Network is a liquidity network connecting traders, exchanges, institutions, and DeFi platforms through their suite of products, including WOO X, Wootrade, and WOOFi. The native WOO tokens are currently available on six chains, including Ethereum, BSC, Polygon, Solana, Fantom, and HECO. WOO is now trading at $0.3136, up 13% 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.