💥💥 XYO Token Now Tradable on Solana DEXs Jupiter and Raydium 💥💥
Cross-Chain Accessibility:
XYO, a decentralized physical infrastructure network (DePIN), has expanded to Solana, bridging from Ethereum to leverage Solana’s high throughput, low transaction costs, and scalability. As of October 31, XYO tokens are now natively accessible on both Ethereum and Solana, supporting broader cross-chain utility.
Trading Pairs and Platform Integration:
XYO’s native token is now available for trading on Solana-native decentralized exchanges (DEXs), Jupiter and Raydium, with pairs including Solana (SOL) and USD Coin (USDC). This integration allows holders of Solana-based tokens or memecoins to trade directly into XYO and tap into its DePIN data ecosystem.
Strategic Expansion on Solana:
The launch on Solana aligns with XYO’s aim to broaden accessibility across multiple blockchain networks. Solana’s low median transaction fee of $0.00064 enhances its appeal for DePIN projects like Helium, io.net, and Render, which benefit from cost-effective transaction structures.
Solana’s Technical Advantages:
Johannes Fuchs, an analyst at MV Capital, highlights Solana’s parallel processing architecture and low fees as key strengths. The upcoming Firedancer upgrade is expected to further solidify Solana’s position as a preferred platform for future DePIN initiatives.
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