On Friday, the Wormhole team announced via X that its Era3 upgrade is now live. The upgrade includes four product upgrades: a game-changing intents product launch, a fast native-to-native swap launch, and a strategic initiative-taking institutions multichain.
The platform-wide upgrade also includes new transfer routes + fast intents-based transfers, native-to-native swaps, fast transactions from slower-finality chains like Ethereum, and a better overall user experience on the Wormhole platform and Wormhole-powered multichain apps.
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 $0.2390, up 4% in the last 24 hours.