The post Layer3 Expands to Solana, Offering Consumer Hub with $L3 Utility appeared on BitcoinEthereumNews.com.

Layer3 has officially launched on Solana, aiming to build a consumer-driven hub and a distribution platform to power the ecosystem. This move comes as Layer3 partners with top protocols to introduce a vertically integrated app powered by the $L3 token. Layer3 is LIVE on @Solana Our vision is to create the consumer fun hub powering every next transaction. We’ve partnered with top protocols to bring our vertically integrated app & a distribution layer to Solana apps––powered by the #L3 token 👇 pic.twitter.com/j1nMyO4e2p — Layer3 (@layer3xyz) October 8, 2024 Already a staple in Uniswap, Base, and Linea ecosystems, Layer3 enables over 300K monthly users to explore, earn, and trade seamlessly. Its expansion to Solana offers the ecosystem a unique opportunity to connect users and protocols, backed by Solana’s fast, low-cost transactions. 300K Monthly Users Explore, Earn, and Trade with Layer3 With 300K monthly users, Layer3 allows users to explore, earn, and trade across various ecosystems. Notable platforms like Uniswap, Base, and Linea, among others, leverage Layer3 to grow their user bases. The platform has powered over 150 million transactions within the EVM ecosystem. Solana allows for creating a more streamlined user experience while introducing a new distribution layer to Solana-based apps. Solana’s infrastructure, known for its fast and affordable transactions, enables Layer3 to offer new features previously impossible on the EVM. The partnership enhances the user and developer experience, allowing for smoother integration and more robust utility for the $L3 token. With its lightning-fast speeds and low costs, Solana is positioned as the ideal environment for Layer3’s unique consumer-first vision. Token Migration and Upcoming Features Layer3’s users can expect a smooth transition as token migration begins via Wormhole’s native token transfer. This migration will introduce utility on Solana’s network while maintaining a unified Layer3 ecosystem. Layer3 is also set to unveil…

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Filed under: News - @ October 9, 2024 5:08 am