LayerZero, an interoperability protocol facilitating cross-chain asset transfers, has recently integrated Solana, a rapidly growing blockchain within the cryptocurrency space. This integration marks a significant milestone for LayerZero, as it now supports over 70 blockchains in its network.

The seamless integration of Solana into LayerZero's ecosystem offers developers a range of tools to create applications enabling the transfer of assets and data to and from Solana through various channels like rollups, layer 1s, layer 2s, and other non-EVM chains.

Currently, LayerZero's technology links the Solana network with seven other prominent chains, namely Ethereum, Avalanche, Polygon, Arbitrum, BNB Chain, Optimism, and Base.

In the first quarter of 2024, users of LayerZero executed transactions worth $6.7 billion in cryptocurrencies, resulting in $11.5 million in revenue, according to data from Messari.

LayerZero has further revealed its plans, as per a recent press release, to extend Solana integration across its entire network of 70+ blockchains in the near future.

Bryan Pellegrino, co-founder of LayerZero, stressed the significance of Solana integration by stating, "Integrating Solana is incredibly important. Crypto was designed to disrupt the confined structures of traditional finance. However, there are instances where these barriers are inadvertently recreated, as seen with Solana and Ethereum, the two major blockchains that lack native interoperability."