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DOGE Comes to Solana via Wormhole

by NZU
23 5 月, 2025
in Altcoins
0
DOGE Comes to Solana via Wormhole

This move, enabled through Wormhole’s Native Token Transfers (NTT) and cutting-edge zero-knowledge proofs (ZKPs) developed by Psy and RISC Zero. This means DOGE will soon function as a Solana-native token. With over $35 billion in market cap and a passionate global community, DOGE’s arrival marks a milestone for both ecosystems.

“Bringing DOGE to Solana combines two massive industry forces,” said Robinson Burkey, co-founder of the Wormhole Foundation. “We’re proud to be the infrastructure making this happen.”

Bridging Popularity and Performance

Wormhole is no stranger to big moves. As a leading interoperability provider, it has already facilitated over $11.5 billion in capital inflows to Solana, more than any other bridge. This new integration not only underscores Wormhole’s technical dominance but also highlights growing retail and institutional demand for greater utility from top-tier assets like DOGE.

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Dogecoin, originally launched as a meme but now firmly among the top ten digital assets by market cap, has long been known for its wide appeal. Yet, it’s been largely siloed from high-performance chains like Solana. That’s about to change.

$DOGE is going multichain

the $35 billion asset is coming to @solana, powered by Wormhole NTT

much wow
such solana pic.twitter.com/syJQb3eDYK

— Wormhole (@wormhole) May 22, 2025

By moving DOGE to Solana, users gain access to lightning-fast transactions and ultra-low fees—an appealing upgrade over Dogecoin’s slower original chain. For instance, a DeFi trader on Solana can now use DOGE in decentralized exchanges (DEXs) or lending protocols with far more efficiency than ever before.

A New Chapter for Multichain Finance

At the heart of this move is Wormhole’s NTT framework, which allows tokens to maintain their identity and smart contract capabilities across chains. That means DOGE on Solana isn’t just a wrapped version—it’s fully functional and upgradable, paving the way for more complex use cases like DeFi integration, payments, and real-world asset backing.

This isn’t just a win for DOGE fans. It’s another step toward a more unified financial internet, where tokens aren’t stuck on one blockchain. It reflects a wider industry trend: the push to blur the lines between chains, giving users freedom to move assets wherever they want, whenever they want.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

The post DOGE Comes to Solana via Wormhole appeared first on Altcoin Buzz.


Credit: Source link

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