Powerledger now facilitates the easy transfer of POWR tokens between Ethereum and Solana blockchains using Wormhole technology.
Expansion to Solana
Last October, Powerledger completed its expansion to the Solana mainnet and brought its platforms TraceX and Transactive to the network. This expansion enables the company to integrate two major blockchain ecosystems.
Wormhole Multichain Technology
Powerledger is utilizing Wormhole's NTT framework to implement seamless POWR token transfers between Ethereum and Solana without fragmenting liquidity.
Benefits for POWR Holders
POWR token holders can now easily perform transfers between Ethereum and Solana, accessing the benefits of both networks. This reduces reliance on centralized exchanges and provides more control and security for users.
Powerledger continues its strategy to enhance blockchain technology interoperability, fostering energy market integration.
