Users of Polygon will now be able to utilize the Wormhole bridge to shift their holdings to other platforms such as Solana, Binance Smart Chain, and Terra, CryptoBriefing reported.

  • The multi-chain bridge protocol said it now supports a new bridge to Polygon, enabling users to transfer assets to other Layer 1 blockchains such as Solana, Ethereum, Binance Smart Chain, and Terra Network.
  • The Wormhole protocol allows clients to remit cryptocurrencies and non-fungible tokens across different chains, with $540 million worth of total value locked in wrapped assets.
  • Wormhole is one of the most popular solutions to link crypto assets to Solana, by supporting a high-value chain such as Polygon. It has since expanded its capability to link Solana and Polygon.

Wormhole Lead Contributor Hendrik Hofstadt said the project seeks to bridge together a more “decentralized and resilient network.” SOL is down 2.30%, ETH up 0.76%, BNB is down 1.16%, and BTC down 1.22%.