Base, Solana, and Noble ranked in the top 3 for cross-chain bridge inflows this past week
- Base topped the net inflow of cross-chain bridges last week.
- Ethereum had the highest net outflow from cross-chain bridges in the past week.
- Base Protocol’s net inflow doubled that of Solana during the past week.
Activity on cross-chain bridges spiked last week, with Base, Solana, and Noble taking in the most funds, and Ethereum, Arbitrum, and Avalanche losing the most, DeFiLlama data shows.
Base saw net inflows double that of the next best, Solana. The Base protocol outperformed the other solutions in cross-chain bridges last week by accumulating a net inflow of $35.6 million.
According to DeFiLlama’s data, cross-chain bridges on Solana fetched $17.01 million into the blockchain’s ecosystem. In comparison, the bridges on the Noble blockchain had a net inflow of $14.67 million during the same period.
DeFiLlama’s overall rating shows that only seven blockchain networks recorded positive netflows last week. Besides the three blockchains mentioned above, cross-chain bridges on Mantle, Sonic, Peaq, and Polygon make up the remaining networks with positive netflows in the past week.
Related: Chainlink Cross-Chain Interoperability Protocol Goes Liv…
The post Base, Solana, and Noble ranked in the top 3 for cross-chain bridge inflows this past week appeared first on Coin Edition.
Read More
Base, Solana, and Noble ranked in the top 3 for cross-chain bridge inflows this past week
- Base topped the net inflow of cross-chain bridges last week.
- Ethereum had the highest net outflow from cross-chain bridges in the past week.
- Base Protocol’s net inflow doubled that of Solana during the past week.
Activity on cross-chain bridges spiked last week, with Base, Solana, and Noble taking in the most funds, and Ethereum, Arbitrum, and Avalanche losing the most, DeFiLlama data shows.
Base saw net inflows double that of the next best, Solana. The Base protocol outperformed the other solutions in cross-chain bridges last week by accumulating a net inflow of $35.6 million.
According to DeFiLlama’s data, cross-chain bridges on Solana fetched $17.01 million into the blockchain’s ecosystem. In comparison, the bridges on the Noble blockchain had a net inflow of $14.67 million during the same period.
DeFiLlama’s overall rating shows that only seven blockchain networks recorded positive netflows last week. Besides the three blockchains mentioned above, cross-chain bridges on Mantle, Sonic, Peaq, and Polygon make up the remaining networks with positive netflows in the past week.
Related: Chainlink Cross-Chain Interoperability Protocol Goes Liv…
The post Base, Solana, and Noble ranked in the top 3 for cross-chain bridge inflows this past week appeared first on Coin Edition.
Read More