Ethereum scaling solution Soneium has integrated interoperability framework Hyperlane, enabling its developers to build cross-chain dApps and token bridges.
Hyperlane has launched on Soneium (SONY), an Ethereum (ETH) layer-2 blockchain founded by Sony Group Corporation and Startale.
The integration with Hyperlane is instrumental for Soneium’s goal of empowering its developers with third-party tools that facilitate building and launching dApps. With Hyperlane’s cross-chain interoperability, developers on Soneium will be able to create cross-chain apps and token bridges, enabling them to connect Soneium with other blockchains and unlock a wider range of possibilities for their projects.
This development comes on the heels of another big announcement from Soneium. As reported by crypto.news on March 12, Soneium has partnered with Japan’s biggest social network LINE to launch a serious of mini-apps. Now that Hyperlane is live on Soneium, the builders of these apps will be able to leverage cross-chain interoperability to integrate those apps with other blockchains.
Despite the news, Soneium’s token SONY is down 17% in the past 24 hours, currently bottoming-out at $0.00014, where it has been consolidating after the sharp drop from its January peak of $0.0007.
Interoperability framework Hyperlane, formerly known as Abacus Network, was officially launched in January 2022. Its main goal is enabling communication and message passing between different blockchains, allowing developers to build cross-chain apps and token bridges. It supports many popular blockchains including Ethereum (ETH), Arbitrum (ARB), Optimism (OP), Solana (SOL), and Cosmos (ATOM), along with newer ones like Aleph Zero, Dogechain, and now Soneium.
In addition to enabling cross-chain dApps that make it possible to access features and services from different blockchains in one place, Hyperlane provides cross-chain liquidity solutions to enable asset movement across across blockchain ecosystems.
