Parallel Network launches mainnet Alpha cross-chain bridge, supporting over 24 types of assets

ChainCatcher news, Parallel Network has launched the mainnet Alpha cross-chain bridge, which currently supports over 24 different assets across Ethereum, Arbitrum, and Manta networks. The single cross-chain transaction speed is less than 30 seconds, with over 70,000 users participating in beta testing, and plans to release the Beta cross-chain bridge next month.

It is reported that Parallel Network is a Layer 2 scaling solution built on Ethereum, supported by Arbitrum's Nitro stack, integrating features such as native yield, lending, staking, and trading.