Arcana Network Launches First-Ever Chain Abstraction Wallet for Multi-Chain Transactions

11/21 07:35

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The Arcana Wallet Beta has been launched by Chainwire's Arcana Network and is now available on the Chrome Store. The wallet uses the Chain Abstraction Protocol to allow users to spend assets across various networks without the need for bridging, providing a frictionless, multi-chain experience. The protocol is designed to support over 20 EVM and non-EVM L1s, L2s, and appchains, and the company is also launching the Chain Abstraction SDK for developers to implement the protocol's features in their own dApps. Arcana Network is backed by prominent investors, including Balaji S. and Polygon founders, and is powered by $XAR, a utility token that secures the network, incentivizes early adopters, and rewards resource providers. For more information, interested parties can visit their website, Twitter, Telegram, or YouTube, or contact Marketing Manager Andria Efstathiou at andria@arcana.network.

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