Are AltVMs the Move?
Last Week In The Multi-Chain Ecosystem (14 - 20 Oct '24)
Welcome to LI.FI’s Cross Chain Insider newsletter, a weekly curation of the major updates and announcements from the industry’s leading cross-chain protocols and blockchain ecosystems.
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Bridge Updates
1) Catalyst pivots to focus 100% on altVMs, aiming to be the go-to bridge for altVMs.
2) Hyperlane and Velodrome introduce Superlane for Optimism Superchain interop.
3) LayerZero is live on ApeChain mainnet as its canonical interoperability provider.
4) TON will integrate Axelar’s Mobius Development Stack for interop in their ecosystem.
5) Honey Jar, Jellyverse, Gamma integrate LI.FI to power swaps.
Multi-Chain Ecosystem Updates
1) Jupiter introduces Ape Pro, a memecoin terminal on Solana.
2) LI.FI introduces BIGMI — TypeScript library for Bitcoin apps.
3) Apps can now enable users to pay for gas with any token on Base.
4) We’re seeing ghost rollups with no activity.
5) Fuel mainnet is live.
6) Eclipse announced the launch of its official bridge.
Intents & Chain Abstraction
1) Omni releases first look into its chain abstraction stack.
2) Read: Where chain abstraction will be at the end of 2025.
3) Read: The Hitchhiker's Guide To Chain Abstraction.
4) Pod: Why bridging alone was never enough.
Interesting Reads
1) State of Crypto Report 2024.
2) 11 Ideas to build omnichain by LayerZero.
3) Possible futures of the Ethereum protocol, part 1, 2, 3.
4) RIP-7789: Cross Rollup Contingent Transactions.
5) RIP7755 <> Optimism interop.
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