Wormhole Unveils W-NTT: Cross-Chain Token Transfer on Solana, Ethereum, and More

IconCrypto News Terminal25 Apr, 2024

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Wormhole Unveils W-NTT: Cross-Chain Token Transfer on Solana, Ethereum, and More

Wormhole (W) has expanded its token transfer capabilities with the launch of W-NTT (Wormhole Native Token Transfer). This breakthrough enables the seamless transfer of W tokens across multiple blockchain networks, including Solana, Ethereum, Arbitrum, Optimism, and Base. With W-NTT, users can now move W tokens between these chains without the need for intermediary bridges or complex conversions. This enhanced interoperability empowers developers to build more innovative and efficient cross-chain applications. W-NTT is a testament to Wormhole's commitment to interoperability and bridging the gaps between different blockchain ecosystems. By simplifying the transfer of native tokens, W-NTT unlocks new possibilities for cross-chain collaboration and innovation. Previously on April 25, 2024: "Wormhole (W) announced that its native token, W, is now available on Solana, Ethereum, Arbitrum, Optimism, and Base through its Wormhole Native Token Transfer (NTT)."

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