Parallel Network has launched the mainnet Alpha cross-chain bridge, supporting over 24 assets on Ethereum, Arbitrum, and Manta networks with a speedy transfer time of less than 30 seconds.

Over 70,000 users have participated in beta testing, and the Beta cross-chain bridge is set to be released in the upcoming month. The network serves as a layer 2 expansion solution on Ethereum, utilizing Arbitrum's Nitro stack to integrate features such as income, lending, staking, and trading.

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