The Orbiter Finance team has announced the upcoming launch of their own second-layer solution, compatible with EVM, called Rollup.

According to the official statement, the new project is based on ZK-Rollups technology. Representatives of Orbiter Finance emphasized that their blockchain is being developed with a focus on high compatibility. Users will be able to transfer not only assets between different second-layer solutions but also any data.

Orbiter Rollup is considered by the company as a project that will allow the Web3 community to access any second-layer network.

The Orbiter Finance team did not provide a clear answer regarding the release of their own project token. Their statement notes that currently, all developer efforts are directed towards creating the product and improving the user experience.

Inter-network bridge representatives emphasize that Orbiter Finance has already achieved an impressive presence in L2 networks of Ethereum. The project processes 57% of all transactions. In 2023, more than 12 million operations with a total value of $7.8 billion were conducted through the Orbiter Finance platform.

There is no specific launch date announced for the beta version of Orbiter Rollup yet, but the developers promise to provide this information in the near future. They also plan to introduce partners who have supported the launch of this blockchain network.