Solana Cross-Chain Bridge Volume Hits $1.​4B Milestone

**Allbridge is phasing out its legacy Classic bridge architecture**, with Polygon becoming the first blockchain to be disabled on **February 15, 2026**. **Action Required:** - Users holding assets wrapped by the Classic bridge must bridge them back to their source chain - Withdraw original tokens before the February 15 deadline - Check wallets now to avoid technical difficulties after interface shutdown This transition is part of Allbridge's shift toward its new architecture. The company announced the change in mid-January, providing approximately one month for users to complete the withdrawal process. Additional blockchains will be phased out as the migration continues.

Allbridge Core is running a **$2,000 prize pool campaign** for users bridging assets to Stellar. The reward structure is tiered based on bridge volume: - Bridge **$50+** → earn **$10** - Bridge **$100+** → earn **$10** - Bridge **$500+** → earn **$20** - Bridge **$1,000+** → earn **$50** This campaign focuses exclusively on bridging activity to the Stellar network. Users can participate by transferring assets through Allbridge Core's cross-chain bridge infrastructure. The initiative aims to increase liquidity and adoption on Stellar by incentivizing larger bridge transactions with proportionally higher rewards.

Allbridge has published its November progress report highlighting several key developments. **Major Updates Include:** - New deposit addresses functionality - ABR0 reveal and implementation details - Achievement of new operational milestones The report covers progress across multiple areas of the platform's development. Users can access the full report and technical implementation details through the provided links. [Read the full November report](https://bit.ly/4rtCsol) [Explore implementation details](https://bit.ly/4rBaLdc)

**Allbridge Core** has introduced **Deposit Addresses** for DAO treasury management, allowing organizations to streamline multi-chain operations. **Key Features:** - Assign unique deposit addresses for each blockchain - **Automatic routing** of inflows to main treasury wallet - Eliminates manual wallet juggling and bridging - Supports stablecoins across multiple chains The solution addresses a common pain point for DAOs managing assets across different blockchains. Instead of monitoring multiple wallets, treasurers can now use a single system that consolidates all incoming funds. **Benefits for Organizations:** - Simplified treasury operations - Reduced operational overhead - Seamless cross-chain payment acceptance - Automated asset consolidation This builds on Allbridge Core's existing infrastructure for cross-chain stablecoin bridging between EVM and non-EVM networks. [Learn more about Deposit Addresses](https://bit.ly/4pmSKgJ)

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.