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Home»Blockchain»THORChain’s Base L2 integration can improve liquidity ahead of major crypto events in January
Blockchain

THORChain’s Base L2 integration can improve liquidity ahead of major crypto events in January

2025-01-07No Comments1 Min Read
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  • Base L2 integration increases THORChain’s liquidity and cross-chain swaps, improving user experience and ecosystem growth.

  • The upcoming airdrop of 700 million JUP tokens on Solana will boost user activity, with wagering rewards limiting potential sell-offs.

  • The Terra founder’s trial on January 8 will revisit the fraud allegations, with significant implications for crypto regulation and liability.

Discover the latest cryptocurrency news, including THORChain’s L2 integration, Jupiter’s massive airdrop, and crucial lawsuits impacting the market.

THORChain integrates basic L2

In October, Nine Realms, which supports the THORChain ecosystem, unveiled the network’s roadmap, indicating plans to support Base L2 for cross-chain swaps.

“Base could be the next big chain connected to THORChain. The Nine Realms team is working on delivery to mainnet,” reads an excerpt from their Medium post.

The integration is expected to take place in the second week of January. In her 2025 preview, Jade, known for her THORChain ecosystem insights, emphasized that this development is imminent.

THORChain uses the IBC (Inter-Blockchain Communication Protocol) to improve its app layer by bringing additional resources into the ecosystem. By connecting more chains, THORChain aims to increase liquidity and improve the experience for Liquidity Providers (LPs).

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See also  OKX partners with Chiliz to improve Blockchain integration
Ahead base Crypto events improve integration January liquidity Major THORChains
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