MetaMask Bridges Expand Cross-Chain Compatibility with Two Layer 2 Networks
Key Points:MetaMask now supports cross-chain functionality for Optimism, Arbitrum, and Optimism.
MetaMask Bridges now supports six bridging networks with the addition of two additional networks.
Official announcement was made Wednesday that the MetaMask bridge aggregator will now provide network and bridge compatibility to two additional networks. Coming out of beta, the Bridges product will now have a bridging cost of less than 1% while also offering higher transfer limits and improved stability.Cross-chain transactions are possible for ETH/WETH, stable currencies (like DAI), and native Gas tokens (such as MATIC). Arbitrum has taken over DeFi, despite being one of the few large chains that does not have a native token. Arbitrum has been dominated by bear market conditions for the past 6-8 months. Arbitrum has been home of ardent builders as well as DeFi enthusiasts. Optimism ranks 7th in overall DeFi TVL, with close to $1 Billion in currently locked money. Optimism, unlike Arbitrum, has a native platform token and cross-chain technologies such as Aave, Curve, and this information is not intended to be investment advice. We encourage you to do your own research before investing.Join us to keep track of news: https://linktr.ee/coincuHaroldCoincu NewsTags: ArbitrumAvalancheBNB ChainEthereumMetaMask BridgesoptimismPolygon