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XION is integrating with MultiversX, introducing chain abstraction into the MultiversX ecosystem
According to official news, XION is integrating with MultiversX to introduce chain abstraction into the MultiversX ecosystem. This integration brings seamless liquidity of native assets and cross-chain interaction accounts across ecosystems, addressing ecosystem fragmentation issues and unifying user experience. It also allows builders to attract more users and liquidity in the high-speed, low-cost network of MultiversX. In addition, this integration will allow developers to build custom L2 and AppChain, which can interoperate with XION's integrated chain network, unlocking cross-chain interaction and composability for applications, and benefiting from fast, low-cost transactions, further accelerating the adoption of Web3.