Decentralized Cross Chain Layer 2 Protocol Orbiter Finance Reports 20,000 ETH in Annual Revenue-web3.0-php.cn

Home

web3.0

Decentralized Cross Chain Layer 2 Protocol Orbiter Finance Reports 20,000 ETH in Annual Revenue

王林

Aug 23, 2024 pm 09:28 PM

Decentralized Cross Chain Layer 2 Protocol Orbiter Finance

The decentralized cross chain Layer 2 protocol Orbiter Finance reports that it brought in 20,000 ETH in revenue in the past year for its cross chain bridging protocol.

Decentralized Cross Chain Layer 2 Protocol Orbiter Finance Reports 20,000 ETH in Annual Revenue

decentralized cross chain Layer 2 protocol is planning to integrate ZK technology into its bridging protocol to further improve its efficiency and scalability. The protocol is also looking to expand its support for additional Layer 2 networks and EVM chains.

According to the press release, the protocol is targeting to achieve a transaction processing capacity of 100,000 TPS by the end of Q3 2024. This goal aligns with Orbiter Finance’s mission to enhance the accessibility and affordability of cross-chain bridging services for the broader Web3 community.

The above is the detailed content of Decentralized Cross Chain Layer 2 Protocol Orbiter Finance Reports 20,000 ETH in Annual Revenue. For more information, please follow other related articles on the PHP Chinese website!

Statement

The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Bitcoin Is Growing on the Back of DXY, Which Has Been Showing 99.86Apr 12, 2025 am 11:42 AM

We all watched Bitcoin decline after the massive tariffs imposed by Donald Trump and rebound when he eased them for everyone but China.

A Step-by-Step Guide for Developers Building Multi-Chain Crypto AppsApr 12, 2025 am 11:40 AM

In today's fast-paced blockchain world, building a crypto application that seamlessly interacts with multiple networks shouldn't take hours or require juggling endless APIs.

Can Cardano (ADA) Really Hit $2 in 2025?Apr 12, 2025 am 11:38 AM

The crypto market is showing positive signs right now. The total market is worth $2.6 trillion, up 0.36%. Bitcoin trades just under $83,000, up 2.27%, while Cardano ADA sits at $0.6268, up 1.79%.

Bitcoin prices fell below a key psychological threshold on Monday, dipping to $79,000Apr 12, 2025 am 11:36 AM

Bitcoin prices fell below a key psychological threshold on Monday, dipping to $79,000 in the afternoon. Although recovering some of its earlier losses

FARTCOIN Price Prediction: Can This Meme Coin's Price Continue Its 250% Surge?Apr 12, 2025 am 11:34 AM

FARTCOIN has been one of the standout performers in the meme coin space, with its price soaring nearly 250% over the last 30 days.

Bitcoin (BTC) Price Risks Drop To $74,000 If This HappensApr 12, 2025 am 11:32 AM

Crypto analyst Saeed has outlined a bearish case for the Bitcoin price, predicting that it could still drop to as low as $74,000.

Grayscale Adds New Altcoins to Q2 Watchlist, Eyes Future Investment ProductsApr 12, 2025 am 11:30 AM

Grayscale Investments has released its updated “Assets Under Consideration” list for Q2 2025, highlighting a new batch of altcoins that may be featured in future crypto investment products.