Felix Pinkston
Jun 12, 2025 08:11
Polygon extends its POL token to Solana by way of Wormhole’s Native Token Transfers (NTT), enhancing multichain capabilities and entry to Solana’s ecosystem.
Polygon, a outstanding Layer 2 scaling resolution for Ethereum, has introduced the enlargement of its native POL token to Solana by the mixing of Wormhole’s Native Token Transfers (NTT) framework. This strategic transfer marks a big step in broadening Polygon’s attain past its authentic ecosystem, in accordance with Wormhole.
Polygon’s Function in Blockchain Scalability
As a complete resolution addressing blockchain scalability, Polygon employs a set of complementary applied sciences. These embrace the Polygon PoS sidechain, the AggLayer for cross-chain liquidity, and the Chain Improvement Package (CDK) for customizable appchain deployment. The POL token, integral to this ecosystem, powers transactions, secures the community by staking, and facilitates group governance.
Wormhole’s Native Token Transfers (NTT)
Wormhole’s NTT offers a framework for transferring native tokens throughout blockchains whereas sustaining their intrinsic properties. This expertise is already employed by main initiatives like Lido, Sky, WalletConnect, and RedStone, showcasing its industry-wide acceptance and reliability. By adopting NTT, Polygon ensures that POL can seamlessly function throughout each Polygon and Solana networks, eliminating liquidity fragmentation.
Benefits of NTT for Polygon
The combination of NTT permits Polygon to keep up management over the POL token’s habits on Solana, together with elements resembling customizability and governance compatibility. This flexibility ensures that POL retains its core functionalities whereas having access to Solana’s vibrant ecosystem and consumer base.
Wormhole’s Interoperability Platform
Wormhole, a number one interoperability platform, helps multichain purposes and bridges throughout over 40 blockchain networks. Its strong community is trusted by main entities like Circle and Uniswap, having facilitated over $60 billion in cross-chain transactions. The combination with Polygon is anticipated to additional improve the attain and utility of the POL token.
For extra info on the mixing and capabilities of Wormhole’s NTT, events can discover the platform’s complete documentation and sources.
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