Summer

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/owlto-finance-achieves-significant-market-share-with-cross-chain-transactions/" data-wpel-link="internal">Owlto Finance Achieves Significant Market Share with Cross-Chain Transactions</a><br></p>
<p style="text-align: justify"><strong>Owlto Finance</strong> reached a 25% market share with over 110,000 cross-chain transactions in the last 24 hours. This success reflects the company’s robust infrastructure and expanding user base. Owlto Finance, valued at $150 million in its funding round, has made an impactful initial move.</p> 
<h2 style="text-align: justify" id="cross-chain-protocols-and-market-shares">Cross-Chain Protocols and Market Shares</h2> 
<p style="text-align: justify">On July 23, DefiLlama data highlighted leading cross-chain interoperability protocols based on transaction volumes in the last 24 hours. Owlto Finance emerged as the top protocol with a significant 25% market share and over 110,000 cross-chain transactions.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-373048 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/chain.png" alt="" width="1892" height="836"></p> 
<p style="text-align: justify">In addition to Owlto Finance, other leading protocols also showed notable market shares. IBC became the second most used cross-chain protocol with a 13% market share. Orbiter Finance followed closely with a 12% share, while Across held an 11% share. Stargate completed the top five with a 9% market share. These top five protocols dominated the cross-chain transaction environment, constituting over 70% of the total market share.</p> 
<h2 style="text-align: justify" id="the-importance-of-interoperability-in-blockchains">The Importance of Interoperability in Blockchains</h2> 
<p style="text-align: justify">The dominance of these protocols demonstrated the importance of cross-chain interoperability in the <strong>Blockchain</strong> ecosystem. As users and <a href="https://newslinker.co/category/mobile/" target="_blank" rel="noopener" data-wpel-link="exclude">applications</a> demand seamless interactions across different Blockchain networks, these protocols provide critical infrastructure to facilitate such transactions. High transaction volumes and significant market shares indicate strong and growing adoption of cross-chain solutions.</p> 
<p style="text-align: justify">Owlto Finance’s recent activities also contribute to its growth. Owlto Finance successfully completed a new funding round last week, achieving a $150 million valuation. This funding round included participation from significant <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> like Matrixport, showing the investment community’s confidence in Owlto Finance’s potential and strategic direction.</p> 
<h2 style="text-align: justify" id="upcoming-moves">Upcoming Moves</h2> 
<p style="text-align: justify">Strengthening its market presence, Owlto Finance launched the <strong>Owlmazing Summer</strong> airdrop points event. This month-long initiative aims to attract user interest and reward them, drawing more participants to the platform and increasing transaction volumes.</p> 
<p style="text-align: justify">Such events are strategically important for building a loyal user base and ensuring higher engagement.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/owlto-finance-achieves-significant-market-share-with-cross-chain-transactions/" data-wpel-link="internal">Owlto Finance Achieves Significant Market Share with Cross-Chain Transactions</a></h5>

Owlto Finance Achieves Significant Market Share with Cross-Chain Transactions

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