Terra’s Cross-Chain Bridge Now Supports Solana, Avalanche, Fantom, Moonbeam, Osmosis

Terra Bridge, the cross-chain span protocol present supports Solana, Fantom, Moonbeam, Osmosis, and Avalanche according to Terraform Labs CEO Do Kwon. “Easiest mode to determination funds successful crypto,” the Terraform Labs CEO explained successful a tweet.

Terra Bridge Adds 5 New Chains

• On April 12, 2022, Terraform Labs co-founder Do Kwon told his 352,800 Twitter followers that Terra Bridge, different known arsenic bridge.terra.money, present supports 5 caller blockchain networks.
• Cross-chain span technology has travel a agelong mode implicit the past 12 months and successful mid-September 2021, determination was implicit $7 cardinal full worth locked (TVL) crossed respective bridges to Ethereum. Today, cross-chain bridges to ethereum clasp $19.51 cardinal successful worth crossed implicit a twelve blockchain networks.
• “Bridge.terra.money present supports Avalanche, Solana, Osmosis, Fantom, and Moonbeam Network. The easiest mode to determination funds successful crypto,” Do Kwon said connected Tuesday. The Terraform Labs co-founder besides shared a screenshot of the protocol successful action.
• In summation to the recently added Solana, Fantom, Moonbeam, Osmosis, and Avalanche networks, bridge.terra.money besides supports Ethereum, Binance Smart Chain (BSC), Harmony, Secret, Injective, Cosmos, and Polygon.
• The Terra (LUNA) web has been a salient fixture successful decentralized concern (defi) successful caller times arsenic the web is the second-largest blockchain successful presumption of defi TVL, according to defillama.com stats. The worth locked successful Terra contiguous is $26.14 cardinal oregon 12.52% of the $208 cardinal locked successful defi connected April 12.

• Anchor is the largest defi protocol connected Terra with $14.38 cardinal locked and Lido is the second-largest defi protocol with $7 cardinal locked. Terra (LUNA) is besides the fifth-largest astute declaration level coin by marketplace capitalization with $29.8 cardinal today.
• Anchor precocious added support for the Avalanche (AVAX) blockchain and the Luna Foundation Guard (LFG) precocious explained it planned to purchase $100 cardinal successful AVAX, successful summation to the non-profit’s bitcoin (BTC) reserves.

What bash you deliberation astir Terra Bridge adding 5 enactment for 5 caller blockchains? Let america cognize what you deliberation astir this taxable successful the comments conception below.

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