Chain Abstraction: A Promising Trend in Web3 | Flash News Detail | Blockchain.News

Chain Abstraction: A Promising Trend in Web3

11/18/2024 3:08:52 PM

Chain Abstraction: A Promising Trend in Web3

According to OnchainDataNerd, Chain Abstraction is emerging as a significant trend in the Web3 space, though currently only a few projects are focusing on it. Notable projects such as XION, with a market valuation of $1 billion, and Zeta, with a fully diluted valuation (FDV) of $1.5 billion, highlight the potential of this trend. The suggestion is to consider early investments in this area to capitalize on its growth. (Source)

Web3 Zeta chain abstraction XION

More from The Data Nerd (@OnchainDataNerd): The Data Nerd (On a mission to make onchain data digestible)