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Home Economy Digital Assets

ChainSwap to Integrate Solana for Faster Multi-Chain Transactions During Future Blockchain Summit

…aims to enhance token swaps across Solana and other leading blockchain networks

by Joan Aimuengheuwa
October 17, 2024
in Digital Assets
0
ChainSwap to Integrate Solana for Faster Multi-Chain Transactions
Source: ChainSwap

Source: ChainSwap

UBA
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ChainSwap, the cross-chain swap platform, announced during its attendance at the major Dubai conference Future Blockchain Summit, its plans to integrate Solana into its decentralised application (dApp), further expanding its multi-chain transaction capabilities. 

This planned integration will allow ChainSwap users to perform same-chain and cross-chain token swaps on the Solana network, known for its high-speed transactions and low fees.

The integration, expected to launch in the coming months, will enable faster and more efficient token swaps across Solana and other popular blockchain networks such as Ethereum, Binance Smart Chain, and Polygon.

“Integrating Solana into our platform is a strategic step to improve the user experience and expand the range of supported blockchains,” said Fitzy, CEO and founder of ChainSwap. “Solana’s fast and affordable transactions make it a perfect fit for our platform, and we are excited to bring this option to our users in the near future.”

Once completed, the integration will offer:

  • Same-Chain Swaps: Users will be able to swap tokens within the Solana network, leveraging its fast transaction speeds and low costs.
  • Cross-Chain Swaps: Users will benefit from secure and efficient token swaps between Solana and other major networks like Ethereum, Polygon, and Avalanche.

Solana’s integration is an important step forward in ChainSwap’s mission to deliver an accessible and scalable platform for decentralized finance (DeFi) users, offering a broad range of multi-chain options to meet the growing needs of the DeFi ecosystem.

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Tags: Binance smart chainblockchainChainSwapDecentralized Finance (DeFi)EthereumFuture Blockchain SummitMulti-Chain TransactionsPolygonSolana
Joan Aimuengheuwa

Joan Aimuengheuwa

Joan thrives at helping individuals and businesses scale via storytelling...

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