Wanchain

Billion

<h4 data-block-id="6253ee8b-4d26-43dc-a40f-197076b9078e" data-pm-slice="1 1 []"><strong>Wanchain recently shared a huge milestone on its <a href="https://twitter.com/wanchain_org/status/1784855243462783237" target="_blank" rel="noopener noreferrer nofollow">X</a> page. Wanchain announced that it had transacted over $1 billion in cross-chain volume on its bridges. The news shows Wanchain’s resilience over the last few years.</strong></h4>
<p data-block-id="2e867315-e20f-46ac-be38-c5239daef60b">Wanchain was one of the earliest blockchain interoperability platforms. Also, it provides cross-chain support between chains like Bitcoin and Cardano. Wanchain currently supports more than 30 chains.</p>
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 <p lang="en" dir="ltr">Temujin Louie, Wanchain CEO:<br>"From Day 1, Wanchain understood that a prerequisite to achieving the mainstream adoption of blockchain technology was interoperability. Driven by a clear vision, Wanchain set out and built the first-ever decentralised cross-chain bridge."</p>
 <p><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/M1yce0mIzM" rel="noopener noreferrer nofollow">pic.twitter.com/M1yce0mIzM</a></p>
 <p>— Wanchain (@wanchain_org) <a href="https://twitter.com/wanchain_org/status/1784855243462783237?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 29, 2024</a></p>
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<h5 data-block-id="64c2fe9f-24bc-4e91-a425-764d4cc92373"><strong>Reactions to the milestone</strong></h5>
<p data-block-id="5c4dd209-6070-4da1-8a5a-92051c8c6d0c">Reaching the $1 billion milestone reflects Wanchain’s growth. The project has made progress in its bid to connect the blockchain world.</p>
<p data-block-id="f09a3a06-b758-48e4-a035-9308e0ab2d8b">Having hit the $1 billion mark, Wanchain now sets its eyes on crossing the $10 billion volume. Wanchain’s milestone comes as no surprise, given its reputation. The project has maintained high standards. And they have gone through six years of uninterrupted uptime. Wanchain has also had zero hacks and zero attacks on its bridges. This leaves the road clear for hitting its next target.</p>
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 <p lang="en" dir="ltr">We've reached $1 billion!</p>
 <p>As pure serendipity – it was a TX of 8 BTC from <a href="https://twitter.com/hashtag/Wanchain?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Wanchain</a>'s <a href="https://twitter.com/hashtag/Blockchain?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Blockchain</a> back to <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> that did this!</p>
 <p>The Wanchain team is beyond excited reaching this monumental milestone.</p>
 <p>The journey to $1 billion is over. $10 billion awaits. Onwards and upwards! <a href="https://t.co/ITqQh5jEbj" rel="noopener noreferrer nofollow">pic.twitter.com/ITqQh5jEbj</a></p>
 <p>— Wanchain (@wanchain_org) <a href="https://twitter.com/wanchain_org/status/1784555723969446109?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 28, 2024</a></p>
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<p><span style="font-weight: 400;">Andrej Uličný, Marketing Manager, Wanchain said in a statement, </span></p>
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 <p><span style="font-weight: 400;">“$1 billion. That’s roughly how much Facebook bought Instagram for in 2012. Now at Wanchain we have achieved the same dollar amount in cross-chain volume for our flagship product – The Wanchain Bridge. Imagine that virtually every dollar in this volume represents a happy customer. One that is moving tokens from his home chain to get access to awesome opportunities on other chains by using our bridge. That’s what we’ve achieved here.”</span></p>
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<h5 data-block-id="6c03fbd4-8f15-4b25-af36-1652f5bf92fa"><strong>XFlows, the magic behind the actions</strong></h5>
<p data-block-id="65a8aa67-56d6-4777-a865-9f6ec88187e4">What’s the secret sauce to Wanchain’s achievement? XFlows! Wanchain’s XFlows is a decentralized bridge. It supports native-to-native cross-chain transactions for assets that exist natively on different chains.</p>
<p data-block-id="f86760ad-dc41-4b9f-9026-5067632c3927">XFlows relies on Wanchain’s bridges to support non-custodial transformations between chains. These chains no longer need centralized exchanges. XFlows expands liquidity. And contributes to the growth of DeFi.</p>
<p data-block-id="669b2f79-d296-4574-9cb8-78016b24c237">XFlows ensures that you can bridge native versions of:</p>
<ul data-block-id="f63b690a-1e61-41f1-a3ac-3a14efdd0552">
 <li><p data-block-id="4e20b9f1-2d7f-4c3c-bbbb-d5fdb87ec0c1">Bitcoin.</p></li>
 <li><p data-block-id="24f66628-39b5-4936-9a4f-37f53b6d4dca">Ethereum.</p></li>
 <li><p data-block-id="045c0844-93c9-48d1-8e9b-1ec2c96f54b5">USDC.</p></li>
 <li><p data-block-id="30321e5d-3775-498b-810f-a1bc2922a9f6">USDT.</p></li>
</ul>
<p data-block-id="12fdbd17-ae7c-4109-af8b-03833e260d41">Wanchan’s cross-chain bridges shape DeFi into a trustworthy space. The team is busy connecting all Web3. They’ve struck many partnerships and <a href="https://www.altcoinbuzz.io/bitcoin-and-crypto-guide/biggest-move-coinbase-base-powered-by-wanchain/" target="_blank" rel="noopener noreferrer nofollow">integrations</a> to achieve this. They recently announced the launch of new decentralized, non-custodial cross-chain bridges. These bridges connect Blast testnet to 9 other networks.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Most people call it a bridge, I call it an interchange. Whatever you want to call it, <a href="https://twitter.com/wanchain_org?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Wanchain_org</a> is it!</p>
 <p>Your cross-chain solution is here. Check out the upgraded UI for the <a href="https://twitter.com/hashtag/WanchainBridge?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#WanchainBridge</a> today and enjoy <a href="https://twitter.com/hashtag/Wanchain?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Wanchain</a>.<a href="https://twitter.com/hashtag/WAN?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#WAN</a> <a href="https://twitter.com/search?q=%24WAN&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$WAN</a> <a href="https://twitter.com/hashtag/WanchainPartner?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#WanchainPartner</a><a href="https://twitter.com/hashtag/Bridge?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bridge</a> <a href="https://t.co/OVigZFU4SB" rel="noopener noreferrer nofollow">https://t.co/OVigZFU4SB</a> <a href="https://t.co/yQIj51yRIl" rel="noopener noreferrer nofollow">pic.twitter.com/yQIj51yRIl</a></p>
 <p>— Joshuwa Roomsburg (@JoshRoomsburg) <a href="https://twitter.com/JoshRoomsburg/status/1785693255746584767?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 1, 2024</a></p>
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<h5 data-block-id="48816403-07f5-49a2-9e40-20ed3a00c6e0"><strong>What makes Wanchain unique?&nbsp;</strong></h5>
<p data-block-id="4981587b-54fe-4fb4-8d2f-5592928a2c1c">Wanchain’s focus on decentralization sets it apart from other bridges. Its simple design allows users to transact with many networks. And these transactions do not rely on middlemen.</p>
<p data-block-id="bb102f32-c893-4262-be31-44e0c68e3846">We expect market conditions to improve very soon. This means there’ll be greater demand for interoperability. That’s where Wanchain comes in. By moving assets across chains, Wanchain unlocks opportunities within crypto. You can get the tokens you want on the exact chain you want. Just like $1 billion’s worth of users have done using Wanchain already.</p>
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<h6><strong>Disclaimer</strong></h6>
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. This article was sponsored by Wanchain.</p>
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/wanchain-reaches-1-billion-in-cross-chain-volume/" rel="noopener noreferrer nofollow">Wanchain Reaches $1 Billion in Cross-Chain Volume</a> appeared first on <a href="https://www.altcoinbuzz.io" rel="noopener noreferrer nofollow">Altcoin Buzz</a>.</p>

Wanchain Reaches $1 Billion in Cross-Chain Volume

Altcoin Buzz

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