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Reading: LayerZero cross-chain messaging protocol goes live on Cronos
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Mycryptopot > News > Crypto > Blockchain > LayerZero cross-chain messaging protocol goes live on Cronos
Blockchain

LayerZero cross-chain messaging protocol goes live on Cronos

February 4, 2025 3 Min Read
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LayerZero cross-chain messaging protocol goes live on Cronos
mycryptopot

Cronos Labs and LayerZero (ZRO), two blockchain platforms, have introduced that the LayerZero cross-chain messaging protocol is now dwell on Cronos Ethereum (ETH) Digital Machine (EVM) and Cronos zero-knowledge EVM (zkEVM), as reported to Finbold on January 31.

Accessible on each the mainnet and the testnet, the protocol helps builders construct cross-chain bridges, increase token ecosystems, and develop apps connecting Cronos customers with greater than 115 supported chains, together with Ethereum and Solana (SOL).

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Seamless cross-chain transfers on Cronos

Because of the launch, customers on Cronos EVM, the main EVM-compatible Layer-1 (L1) blockchain constructed on the Cosmos supply growth equipment (SDK), will seamlessly switch property throughout the Cosmos ecosystem and a number of EVM chains.

However, Cronos zkEVM, the primary Elastic Chain to launch in mainnet following ZKSync Period, will profit from enhanced connectivity by sustaining its native ETH bridge whereas seeing sooner cross-chain transfers.

Additionally notable is the truth that Cronos EVM is already interoperable with Cosmos SDK networks via the Inter-Blockchain Communication (IBC) protocol.

In response to Ken Timsit, Managing Director of Cronos Labs, interoperability has been a significant precedence of Cronos since day one:

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“Cross-chain interoperability has been a significant precedence of the Cronos mission since its inception. Given the numerous safety and liquidity challenges related to the fragmentation of the crypto trade, Cronos Labs is executing on that precedence with warning and willpower. In 2025, we count on a lot better connectivity between crypto tasks and conventional finance. The combination with LayerZero allows that.”

Superior DeFi and bridging options

Bryan Pellegrino, Chief Govt Officer (CEO) of LayerZero Labs, famous that Cronos zkEVM is among the first Elastic Chains LayerZero is increasing to.

Whereas LayerZero options are at present developer-centered, extra end-user functionalities are anticipated to look within the close to future, for instance, extra cross-chain bridging choices on the official Cronos bridge portals, together with new CRO/zkCRO token transfers.

As well as, Cronos Labs is engaged on supporting builders harnessing LayerZero’s expertise to create modern purposes, reminiscent of cross-chain prediction markets, real-world property (RWA) tokenization and artificial asset buying and selling platforms, cross-chain lending and decentralized finance (DeFi) options, in addition to liquid staking and restaking protocols.

mycryptopot

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Reading: LayerZero cross-chain messaging protocol goes live on Cronos
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