According to TechFlow, cross-chain interoperability solution Hyperlane announced the establishment of a foundation and the launch of the HYPE token.
It is reported that the Hyperlane network is an open, permissionless interoperability framework that allows developers to build applications across multiple blockchains. The HYPE token aims to establish the Hyperlane Alliance, composed of network users, to promote the "developer-owned" network model. The alliance will represent user interests, oversee grant programs, and recognize important contributions to the network. Hyperlane is committed to becoming the first truly open interoperability framework created by community collaboration, providing new possibilities for the interconnection of blockchain ecosystems.
