Terra Bridge, an application by Terra for cross-chain transfer, has announced to have added support of Avalanche, Solana, Osmosis, Fantom, and Moonbeam.
Terra Bridge is a native bridge that enables cross-chain token transfer. Terra Bridge supports a range of tokens to move from one blockchain to another blockchain easily.
The chromium-based web app now supports the 13 most popular blockchains and enables a seamless transfer of cryptocurrencies from one chain to another in a few simple clicks.
Currently, Terra Bridge supports cross-chain transfer between Terra, Ethereum, Binance Smart Chain, Harmony, Osmosis, Solana, Secret, Injective, Cosmos, Avalanche, Fantom, Polygon, and Moonbeam. It’s currently one of the largest bridges connecting major blockchains and enabling a hassle-free transfer of tokens at a pretty low fee.
Terraform Labs, the parent firm of Terra (LUNA), is a leading blockchain that works in many dimensions of crypto to offer a frictionless experience at the lowest fee. The company recently announced buying Bitcoin (BTC) worth $10 billion to support its native stablecoins TerraUST, along with other assets. Terra’s founder, Do Known, recently bought Bitcoin worth $230 million.
Terra’s native token LUNA price has skyrocketed with more than 100% gain in the past few months.
Gargi Sinha is working as Senior Journalist at Confea. She has completed her Masters in Journalism from Delhi University. She has interest in crypto and blockchain technology.