Allbridge Core Reaches $2B in Total Volume
Allbridge Core Reaches $2B in Total Volume
馃寜 $2B and Still Building
Allbridge Core, a cross-chain bridging protocol, has achieved $2 billion in total transaction volume. This represents significant growth from their previous milestone of $1.4 billion reported in October 2024.
Key metrics:
- Current volume: $2 billion all-time
- Previous milestone: $1.4 billion (October 2024)
- Growth: $600 million in ~2 months
The platform continues to show steady adoption in cross-chain transfers.
馃敟 Allbridge Core has hit an incredible milestone: $2 billion in all-time volume! 馃専 This wouldn鈥檛 have been possible without the support of our amazing community and partners. 馃殌 Our journey to $3 billion starts now!
Allbridge Releases September Report Highlighting New Integrations and Features
**Allbridge Core** published its September monthly report, showcasing significant developments in cross-chain bridging technology. The report highlights: - New platform integrations - Feature releases and improvements - Progress in cross-chain stablecoin bridging This follows August's milestone-heavy month, indicating consistent development momentum for the native stablecoin bridging protocol. [Read the full September report](https://bit.ly/4oc40w1)
Stablecoin Market Reaches New Heights at $233B
The stablecoin market has reached a significant milestone with total market capitalization hitting $233 billion. Key developments include: - USDT (Tether) maintains market leadership with 63% share - USDC shows strong growth, now controlling 25.7% of market - Regulatory adoption driving USDC's expansion - New entrant USDe (Ethena) joins top 5 with $6B+ in circulation This growth signals increasing mainstream adoption of digital assets and highlights stablecoins' crucial role in bridging traditional finance with crypto markets. The multi-stablecoin ecosystem continues to evolve, with different tokens serving various market needs.
Solana Cross-Chain Bridge Volume Hits $1.4B Milestone
AllbridgeCore reports $1.4 billion in total bridged volume between Solana and various blockchain networks, marking significant growth in cross-chain activity. The milestone highlights increasing adoption of Solana's ecosystem for inter-blockchain transfers. This volume has remained stable since October 2024, when the platform first reached the $1.4B mark. - Solana maintains position as preferred chain for AllbridgeCore users - Volume indicates sustained trust in cross-chain infrastructure - Stable growth pattern observed over recent months
Allbridge Core Team Member Heading to Devcon 2024
**@avelykyy** from the Allbridge Core team will be attending **Devcon 2024**. - Team encourages community members to connect during the event - Opportunity for in-person meetings and discussions - Attendees can reach out directly to @avelykyy or the team *Looking to meet? Drop a line to coordinate meetups during the conference.*