Key Points:
By Artemis data, Base, Solana, and Sui are the top three blockchain cross chain bridge flows in terms of net fund flows in the last week. These platforms are outnumbering all others in the top 15 for leading liquidity movement, which indicates strong favoritism toward their ecosystems in cross-chain transactions. This can be hugely contributed to by Base’s growing popularity and the resurgence of Solana.
Base’s and Solana’s leading positions are indicative of how dynamic cross-chain choices can be, while Sui itself is getting popular because of its advanced functionality. Inter-chain bridges are a critical element in enabling free flows of assets across ecosystems, confirming the connectedness of the blockchain industry.
Read more: FTX Sues SkyBridge Capital Founder To Recover $100 Million
Polygon registered one of the lowest net fund flows, in concert with Ethereum and Blast, which was quite representative of a big outflow. According to Artemis data, about 96% of Polygon’s outflows are expected back on Ethereum’s mainnet, highlighting the cyclical movement likely driven by the Polymarket Trump election.
While Ethereum remains a pivotal destination for the return of funds, the outflow from Polygon underlines the transient changes in liquidity. This shows clearly that exogenous factors, like market events, serve as the primary driving elements for cross-chain bridge flows across blockchains, thus requiring adaptive strategies in managing one’s liquidity.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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