According to Odaily, XION is integrating with MultiversX to introduce chain abstraction into the MultiversX ecosystem. This integration aims to address ecosystem fragmentation and unify user experiences by enabling seamless flow of native assets and cross-chain accounts across ecosystems. The collaboration will also allow builders to attract more users and liquidity within MultiversX's high-speed, low-cost network.
Additionally, the integration will enable developers to create custom Layer 2 and application chains that are interoperable with XION's ecosystem chain network. This will unlock cross-chain composability for applications, benefiting from fast and low-cost transactions, and further accelerating the adoption of Web3 technologies.
