FTX (Wormhole)

1. Summary

Ranks

Liquidity

-

Developer

-

Social

91

Momentum (beta)

0

Stack Rank™

-

Price

$2.15 0.0%

Market Cap

$0.00 (#10716)

Supply

/

Tags

Binance Smart Chain Ecosystem BNB Chain Ecosystem Wormhole Assets

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Price
52W High price	$50.07
52W High date	4th Jul 2022 (2 years ago)
All Time High (ATH) Date	3rd Nov 2024 (3 months ago)
All Time Low (ATL) Date	3rd Nov 2024 (3 months ago)

Supply & Trading Volume
Trading Volume (24h)	$603.00

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Description

Wormhole is a generic message passing protocol that enables developers and users of cross-chain applications to leverage the advantages of multiple blockchain ecosystems. It allows for the communication between blockchains, enabling various use cases such as cross-chain exchanges, governance, and gaming applications.

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Wormhole is a generic message passing protocol that enables developers and users of cross-chain applications to leverage the advantages of multiple blockchain ecosystems. It allows for the communication between blockchains, enabling various use cases such as cross-chain exchanges, governance, and gaming applications.

Wormhole is not a blockchain itself but provides a means of communication between blockchains or rollups. While not a token bridge, there are protocols built on Wormhole that serve this purpose. The protocol is designed to facilitate seamless interactions between different ecosystems, enhancing liquidity, governance, and user experience in decentralized applications.

Wormhole is well-suited for blockchain platforms like Solana and Ethereum, where it has been extensively utilized. Despite experiencing security issues in the past, Wormhole has been replenished and continues to evolve as an important component of the cross-chain landscape. Its functionality supports a wide array of use cases, focusing on user rewards and community engagement, indicating significant potential for growth and innovation in the decentralized ecosystem.

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