We are glad to announce that ChainPort is now supporting Avalanche as part of its growing ecosystem of EVM blockchains — Avalanche is one of the most prominent blockchains in the space right now, with many value-added features for developers, users, and the whole crypto space.
At ChainPort, we want to make the crypto space as interoperable as possible; this means giving the option to our users to hold a token in whichever blockchain they like more this can be Ethereum, Binance Smart Chain, Polygon, and from now on, Avalanche.
Avalanche is an open smart contract platform where a lot of decentralized applications can be built, its fast, low cost, and fully compatible with Solidity making it a great solution for existing Ethereum developers to explore, Avalanche lets you deploy blockchains that fit your application needs, you can build your VM with Avalanche, another great feature of Avalanche is the scalability for validators with minimal hardware needed.
Avalanche via ChainPort
With ChainPort, you are now able to port any ERC20 based token to Avalanche within 2–5 minutes, with no coding or integration, we take care of everything for you.
ChainPort is changing how interoperability works in the crypto space. In a couple of months, we grew ChainPort from a $3M TVL to $330M TVL with an astounding USD 5M in daily volume. We plan to support all EVM compatible and Non-EVM blockchains as at ChainPort we think this is a major milestone for the future of interoperability and bridges.
ChainPort now supports Ethereum, Binance Smart Chain, Polygon, and Avalanche.
About Avalanche
Avalanche is an open-source platform for launching decentralized applications and enterprise blockchain deployments in one interoperable, highly scalable ecosystem. Avalanche is the first decentralized smart contracts platform built for the scale of global finance, with near-instant transaction finality. Ethereum developers can quickly build on Avalanche as Solidity works out-of-the-box.
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About ChainPort
ChainPort is one of the first permissionless bridges between blockchains. Anyone can freely use ChainPort’s highly interactive user interface to port tokens over different blockchains. ChainPort provides a bridge between Ethereum, Polygon, Binance Smart Chain (BSC), and Avalanche, with more blockchains to be added soon.
With so many blockchains in the space right now, interoperability is considered the most important route for the future. ChainPort aims to have fully operable bridges between all the EVM compatible networks and Non-EVM in 2022. Any token ported over from various blockchains using ChainPort is fully operable and can interact with any DApps on the Networks.
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