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via The Block · By The Block Editorial

Solv Protocol drops LayerZero in favor of Chainlink for $700 million tokenized bitcoin

ZRO

ZRO/USDT

$0.8820
-6.67%
24h Volume

$33,667,081.75

24h H/L

$0.9630 / $0.8310

Change: $0.1320 (15.88%)

Funding Rate

+0.0028%

Longs pay

Data provided by COINOTAG DATALive data
ZRO
ZRO
Daily

$0.8820

1.85%

Volume (24h): -

Resistance Levels
Resistance 3$1.1387
Resistance 2$1.009
Resistance 1$0.9326
Price$0.8820
Support 1$0.8318
Support 2$0.3629
Support 3$0.1363
Pivot (PP):$0.871667
Trend:Downtrend
RSI (14):39.0
TB
The Block Editorial
(02:17 AM UTC)
1 min read
DK
Verified byDavid Kim
828 views
0 comments

Bitcoin-centric DeFi platform Solv Protocol announced that it will migrate to Chainlink from LayerZero, following a major security incident involving the latter.

In a Thursday post, Solv Protocol wrote it will phase out LayerZero's bridging support for SolvBTC and xSolvBTC with Corn, Berachain, Rootstock, and TAC. Instead, Solv designated Chainlink's CCIP as its official cross-chain…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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