Render Network Makes History with $386 Million RNDR Transfer via Wormhole Bridge

IconCryptoNewsTerminal Staff11 Sep, 2024

cryptonews.jpg

Render Network Makes History with $386 Million RNDR Transfer via Wormhole Bridge

In a groundbreaking move, the Render Network has transferred RNDR tokens worth a staggering $386 million to the Wormhole Bridge. As reported by iChainfo, the tokens were sent from a Render network-labeled address (starting with 0xb6e3) to an external address (beginning with 0xe0ba3) and subsequently to the Wormhole Bridge. This monumental transfer marks a significant moment for the Render Network, demonstrating the growing adoption and confidence in the network's capabilities. The Wormhole Bridge, a renowned cross-chain bridging solution, will facilitate the transfer of RNDR tokens to other compatible blockchain networks, unlocking new possibilities for the utilization and growth of the Render Network.