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SOL

SOL Expands on Avalanche Using Wormhole NTT, Recognized for Multi-Chain Scalability

The combined use of SOL and Wormhole NTT enables expansion on Avalanche as a native multi-chain asset. With a market cap ranking sixth, SOL's choice of Wormhole highlights recognition of its multi-chain scalability. Currently supporting over $133 billion in multi-chain assets, Wormhole NTT is also adopted by major firms such as BlackRock's $BUIDL, Apollo's $ACRED, and VanEck's $VBILL.
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AI Analysis

The deployment of SOL and Wormhole NTT to extend on Avalanche demonstrates a significant step in multi-chain ecosystem development. SOL's position as the sixth largest token underscores its strategic ...

AI Recommendation

Investors focused on multi-chain ecosystems should monitor SOL and Wormhole NTT's development and adoption. The increase in institutional backing and support for significant asset volume suggests a le...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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BlackRock's Bullish Acquisition on Solana BRX Sparks Institutional Confidence

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