Symbiotic

DeFi

Read

The Router Chain platform has added the Sui network to its growing list of cross-chain ecosystems, enabling users to seamlessly move tokens between Sui and EVM chains. 
In a press release, Router Chain announced its integration with <a rel="" href="https://crypto.news/tag/sui/">Sui</a>, a layer-1 blockchain known for its delegated Proof of Stake network. The Sui (<a rel="" href="https://crypto.news/price/sui/">SUI</a>) network is the latest addition to Router Chain’s growing lineup that already includes Tron(<a rel="" href="https://crypto.news/price/tron/">TRX</a>), Osmosis(<a rel="" href="https://crypto.news/price/osmosis/">OSMO</a>), Solana(SOL) and Bitcoin(<a rel="" href="https://crypto.news/price/bitcoin/">BTC</a>). 
Router Chain’s integration provides Sui users with a decentralized cross-chain experience, allowing them to access Sui’s connectivity directly through Router Chain without switching networks. 
Router’s cross-chain latency bridge, Nitro, will serve as the connector for Sui users to perform cross-chain coin swaps at a transaction cost average of $0.28. Transactions on the platform are decentralized end-to-end, ensuring security for asset movements across integrated networks. 
In an email to crypto.news, Ramani Ramachandran, CEO of Router Protocol, emphasized the significance of the Sui integration, noting it was a top priority after partnering with other major ecosystems like Tron, Bitcoin, Solana, and <a rel="" href="https://crypto.news/tag/sui/">Cosmos</a>. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 “The Sui integration is a big step forward for Router Protocol. It opens up new ways to connect with Sui’s growing ecosystem, making it possible for users to move assets effortlessly from any EVM chain to Sui and vice versa.” 
 Ramani Ramachandran. 
</blockquote> 
 You might also like: <a rel="" href="https://crypto.news/router-chain-taps-symbiotic-for-multi-chain-shared-security/"> Router Chain taps Symbiotic for multi-chain shared security </a> 
Through Router Nitro’s single-click interface, Sui users can bridge assets to more than 30 other integrated ecosystems. Router Protocol’s chain-abstracted experience enables users to transfer assets and interact with multiple blockchains in just a few clicks. 
After integrating with Sui, Ramachandran hinted at future plans to integrate with more EVM and non-EVM networks to further expand its cross-chain ecosystem. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 “Following the Sui integration, you can expect more networks like Sonic, Aptos, Casper, Starknet, Algorand, Injective, and etc. The goal is to provide seamless interoperability across diverse blockchain environments,” 
 Ramani Ramachandran. 
</blockquote> 
Moreover, Ramachandran stated that the Router Chain team is in the process of developing Intent-based adapters to make complex actions like liquidity provision and staking easier for developers and projects building on Sui. 
Router Protocol, backed by Coinbase Ventures, QCP, DeFi Capital, Wintermute, and Polygon, aims to drive Web3 adoption by addressing key challenges in cross-blockchain communication, including security, scalability, decentralization, and the lack of cross-chain dApps. 
 Read more: <a rel="" href="https://crypto.news/router-protocol-launches-mainnet-for-l1-solution-router-chain/"> Router Protocol launches mainnet for L1 solution Router Chain </a>

Router Chain integrates Sui network for cross-chain experience

crypto.news

Other articles published on Nov 26, 2024

Bitcoin Struggles as Selling Intensifies

Altcoin Buzz Surges as Traders Eye SAND, XLM, and ETH Amid Bitcoin Pullback

Bitcoin $92K price correction triggered by long-term hodlers, not ETFs

‘No-one wins in a trade war’ – China warns Trump against crashing the global economy

Openfabric Grant Program Launch for Blockchain and AI Researchers

Shiba Inu Lead Developer Teases Game-Changing 99% SHIB Burn Plan

Join our free newsletter for daily crypto updates!