Solana (SOL) may be set for a potential price rally as Circle will launch its Cross-Chain Transfer Protocol (CCTP) utility on its blockchain on Tuesday.
The Cross-Chain Transfer Protocol will enable transfer of
cross-chain functionality may see more value flowing into the Solana ecosystem. Solana may be set for a potential price rally as Circle will launch its Cross-Chain Transfer Protocol utility on its blockchain on Tuesday. Considering SOL’s recent upsurge in on-chain metrics and the liquidity inflow the
accounts for 71% of these stablecoins as it is currently the most popular asset on Solana. Even with such a grip on the Solana ecosystem, Circle, the parent company behind across different blockchain networks through a burning and minting method, according to Circle. Also read:Solana-based Jupiter posts hefty returns amidst meme coin rally When
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