Deep Dive
1. Multichain Integration via Wormhole NTT (July 2025)
Overview: Powerledger integrated Wormhole’s Native Token Transfer (NTT) protocol, allowing seamless cross-chain transfers of POWR between Ethereum and Solana.
This upgrade eliminates wrapped tokens, letting users move POWR natively across chains. It leverages Solana’s high throughput (65,000 TPS) for faster settlements while maintaining Ethereum’s security for core token functions.
What this means: This is bullish for POWR because it reduces transaction friction, expands liquidity via Solana DEXs like Raydium, and aligns with decentralized energy trading’s need for interoperability. (Source)
2. Solana Mainnet Migration (2025)
Overview: Powerledger deprecated its proprietary blockchain and fully migrated to Solana mainnet, citing scalability and developer ecosystem advantages.
The shift enables sub-second transaction finality (vs. ~15 seconds on Ethereum) and reduces energy market settlement costs. It also grants access to Solana’s ReFi (Regenerative Finance) tools, like composable liquidity pools for green energy certificates.
What this means: This is neutral-to-bullish for POWR. While improving technical capacity, the migration required users to unstake POWR from the deprecated chain, temporarily reducing network participation. Long-term, Solana’s infrastructure supports global energy trading at scale. (Source)
Conclusion
Powerledger’s codebase evolution prioritizes interoperability and scalability, positioning POWR as a bridge between Ethereum’s security and Solana’s speed. With staking now discontinued, will expanded DEX liquidity offset reduced token utility from the deprecated blockchain?