$800M In Pre-Deposits For The Fake Chain 🧸
Last Week In The Multi-Chain Ecosystem (30 Dec '24 - 06 Jan '25)
Welcome to LI.FI’s Cross Chain Insider newsletter, a weekly curation of the major updates and announcements from the industry’s leading interop protocols and ecosystems.
Interop Protocols
1) SOON will use Hyperlane for their native interoperability network of SVM rollups.
2) SHIB: The Metaverse has adopted Chainlink CCIP.
3) Synapse unveils Cortex token CX.
4) LI.FI ends 2024 with over $14 billion in total volume.
Ecosystem Updates
1) Over 800 million USD has been deposited in pre-deposit vaults for Boyco Markets
2) Unichain announces a new validation network of UNI Nodes.
3) Base in 'exploratory phase' of bringing COIN to the layer 2 for US citizens.
4) Quantum resistance has been achieved internally on Solana.
Interesting Reads
1) The State of Interop (2025)
3) EIPs in the Ethereum Pectra upgrade
4) Preconfirmation for the Average Joe
5) Why Validiums / Optimiums are not it
6) Pod: Institutions & Interop: Are we Ready? (ft. Wormhole team)
7) Data on Adoption of Smart Accounts
8) How To Make Cross-Chain Tokens Fungible Again: Part I
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