Sunday, May 18, 2025
cryptonews100
No Result
View All Result
CryptoNews100
No Result
View All Result
Home Alt Coins Chainlink

JASMY Token Compatible with Ethereum and Base via Chainlink

cryptonews100_tggfrn by cryptonews100_tggfrn
March 13, 2025
in Chainlink
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
Sign up an get up to $1000 USDT!


JASMY, also known as “Japan’s Bitcoin,” has made a big transfer towards multi-chain operability. The IoT-focused cryptocurrency challenge introduced on March 13, 2025, its adoption of the Cross-Chain Token (CCT) commonplace. 

This adoption will allow direct transfers between Ethereum and Base networks by Chainlink’s Cross-Chain Interoperability (CCIP). This growth signifies an enlargement for the $600+ million market cap token because it goals to boost its utility throughout a number of blockchain environments.

JASMY Integration and Technical Framework

JasmyCoin (JASMY), which was launched in October 2021, was created by former Sony executives. It’s a cryptocurrency that focuses on information democratization by blockchain and IoT expertise.

The challenge, which goals to offer customers management over their private information, has enhanced its technical capabilities by implementing Chainlink’s CCIP infrastructure. In line with the official announcement via JASMY’s Medium weblog, the combination permits the ERC-20 token to maneuver seamlessly between Ethereum’s mainnet and Base.

This functionality addresses the problem of fragmentation of liquidity and utility throughout totally different blockchain networks. JASMY token holders can now switch their property with out counting on conventional bridging strategies. The standard technique typically includes further safety dangers.

This technical framework is a crucial development for the JASMY ecosystem. The token beforehand operated primarily inside the Ethereum community. As of March 2025, JASMY trades at roughly $0.0129 throughout main exchanges.

JASMY’s Layer 2 Answer Adopts CCIP

Past the token’s new cross-chain capabilities, JASMY’s ecosystem, by Janction, will undertake CCIP as its major cross-chain infrastructure. Janction MGT is a layer 2 answer developed by the JASMY neighborhood.

This adoption exhibits a rising development within the blockchain trade. Specialised layer 2 options are addressing particular use instances whereas sustaining connection to established networks. For JASMY, this enlargement might allow extra environment friendly processing of the high-volume information streams frequent in IoT purposes.

This implementation of cross-chain performance is at a time when JASMY is experiencing value volatility. In line with information, JASMY value has decreased by 42.59% over the previous month and 37.07% within the final one yr. Nonetheless, the token maintains a superb place out there, rating among the many prime 100 cryptocurrencies by market capitalization.

The cross-chain enlargement will open new avenues for its token utility. By working throughout a number of networks, JASMY can faucet into totally different DeFi ecosystems, probably growing liquidity and use instances.

READ MORE: Turkey Boosts Crypto Oversight: Tighter Exchange Rules & Investor Safeguards



Source link

Related articles

These 3 Best Altcoins to Buy for Next Bull Run Could Ignite Explosive Gains in 2025

These 3 Best Altcoins to Buy for Next Bull Run Could Ignite Explosive Gains in 2025

May 18, 2025
Chainlink’s sell-off begins: Will retail hold the line this time?

Chainlink’s sell-off begins: Will retail hold the line this time?

May 18, 2025
Tags: baseChainLinkCompatibleEthereumJasmytoken
Share76Tweet47
Drive and walk to earn crypto!

Related Posts

These 3 Best Altcoins to Buy for Next Bull Run Could Ignite Explosive Gains in 2025

These 3 Best Altcoins to Buy for Next Bull Run Could Ignite Explosive Gains in 2025

by cryptonews100_tggfrn
May 18, 2025
0

Latest shifts in world regulatory frameworks have injected renewed vigor into the cryptocurrency market, prompting a wave of innovation throughout...

Chainlink’s sell-off begins: Will retail hold the line this time?

Chainlink’s sell-off begins: Will retail hold the line this time?

by cryptonews100_tggfrn
May 18, 2025
0

Whale netflows to exchanges surged 440% as promote strain intensified. Retail and investor holdings rose, whereas whale dominance dropped. A...

Chainlink In The Mist — A $15.85 Reversal May Clear The Path – NewsBTC

Chainlink In The Mist — A $15.85 Reversal May Clear The Path – NewsBTC

by cryptonews100_tggfrn
May 18, 2025
0

This rise in Bitcoin dominance may present the mandatory tailwind for LINK to realize momentum and transition right into a...

China’s CBDC Threatens Crypto Freedom

China’s CBDC Threatens Crypto Freedom

by cryptonews100_tggfrn
May 17, 2025
0

Digital yuan vs Bitcoin competitors has positively intensified in latest months as China continues to aggressively increase its state-controlled CBDC...

Chainlink Price Drops 3%, Traders Buy ICO Offering Free Bitcoin

Chainlink Price Drops 3%, Traders Buy ICO Offering Free Bitcoin

by cryptonews100_tggfrn
May 17, 2025
0

Be a part of Our Telegram channel to remain updated on breaking information protection The Chainlink worth dropped 3% within...

Load More

Crypto Fear & Greed Index

Latest Crypto Fear & Greed Index

Recent News

SUI Price Update 2025 | Peg-BTC Launch & Forecast

SUI Price Update 2025 | Peg-BTC Launch & Forecast

May 18, 2025
How World Liberty Financial, Pakistan Army, and Blockchain Are Rewriting the Rules of Global Conflict.

How World Liberty Financial, Pakistan Army, and Blockchain Are Rewriting the Rules of Global Conflict.

May 18, 2025
Token Bounces After Holding $3.75 Support Level

Token Bounces After Holding $3.75 Support Level

May 18, 2025

Categories

  • Bitcoin
  • Cardano
  • Chainlink
  • Cryptocurrency
  • Dogecoin
  • Elon Musk
  • Ethereum
  • Exchanges
  • Litecoin
  • Pokadot
  • Polygon
  • Real World Assets
  • Shiba Inu
  • Solana
  • sui
  • World Liberty Financial
  • XRP

Download the official CryptoNews100 Android App! Click the button below:

Tags

ADA (228) Altcoins (86) Analyst (91) Bitcoin (581) Breakout (94) BTC (167) bullish (91) Buy (188) Cardano (303) ChainLink (217) coin (79) crypto (666) Cryptocurrency (311) Cryptos (95) DOGE (201) Dogecoin (293) ETF (135) ETH (173) Ethereum (356) eyes (86) gains (106) Heres (96) Inu (267) key (103) Link (144) market (204) million (81) News (231) Polkadot (154) POLYGON (99) prediction (105) price (672) rally (121) Ripple (91) SEC (105) SHIB (171) Shiba (281) SOL (90) Solana (144) Surge (125) today (83) top (182) TradingView (83) Trump (92) XRP (474)

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Alt Coins
    • Cardano
    • Dogecoin
    • Litecoin
    • Pokadot
    • Polygon
    • Shiba Inu
    • Solana
    • XRP
  • Crypto Related DEALS

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.