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Home»Blockchain»Layer3 Expands to Solana, Offering Consumer Hub with $L3 Utility
Blockchain

Layer3 Expands to Solana, Offering Consumer Hub with $L3 Utility

2024-10-10No Comments2 Mins Read
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Layer3 has officially launched on Solana, with the aim of building a consumer-driven hub and distribution platform to power the ecosystem. This move comes as Layer3 partners with top protocols to introduce a vertically integrated app powered by the $L3 token.

Layer3 is LIVE on @Solana

Our vision is to create the consumer delight hub that powers every subsequent transaction.

We’re working with top protocols to bring our vertically integrated app and a distribution layer to Solana apps, powered by the #L3 token 👇 pic.twitter.com/j1nMyO4e2p

— Layer3 (@layer3xyz) October 8, 2024

Layer3 is already a key part of the Uniswap, Base, and Linea ecosystems, enabling more than 300,000 monthly users to explore, earn, and trade seamlessly. The expansion to Solana provides the ecosystem with a unique opportunity to connect users and protocols, supported by Solana’s fast, low-cost transactions.

300,000 monthly users discover, earn and trade with Layer3

With 300,000 monthly users, Layer3 allows users to explore, earn, and trade across diverse ecosystems. Well-known platforms such as Uniswap, Base and Linea use Layer3, among others, to grow their user base. The platform has enabled more than 150 million transactions within the EVM ecosystem.

Solana helps create a more streamlined user experience while introducing a new distribution layer for Solana-based apps. Solana’s infrastructure, known for its fast and affordable transactions, allows Layer3 to offer new features previously impossible on the EVM.

The collaboration improves the user and developer experience, allowing for smoother integration and a more robust utility for the $L3 token. With its lightning-fast speeds and low costs, Solana is positioned as the ideal environment for Layer3’s unique, consumer-centric vision.

See also  Solana (SOL) hints at bearish shift: is there a decline on the horizon?

Token migration and upcoming features

Layer3 users can expect a smooth transition when token migration begins via Wormhole’s native token transfer. This migration will introduce functionality to Solana’s network while maintaining a unified Layer3 ecosystem.

Layer3 will also unveil new features including leaderboards, rewards, races and loot boxes, all powered by the native $L3 token on Solana. These improvements and Solana’s infrastructure provide a more immersive and rewarding experience for the platform’s growing user base.



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Consumer Expands Hub layer3 Offering Solana utility
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