New York, New York, October 8th, 2024
Layer3, a leading blockchain engagement platform, is pleased to announce its expansion to the Solana ecosystem, set to launch this October. This strategic move marks a significant milestone in its mission to build a chain-abstracted super app, bringing an innovative consumer activity layer to one of the fastest-growing blockchain networks.
Layer3’s expansion to Solana introduces a new interface with optional token migration and an enhanced user experience. The platform has partnered with 25 top protocols in the Solana ecosystem, including Drift Protocol, Jupiter Exchange, and Magic Eden, to create a robust and engaging environment for users.
This expansion represents a pivotal moment in Layer3’s growth strategy. By bringing its proven engagement model to the Solana ecosystem, it’s not only expanding its reach but also taking a significant step towards its vision of a chain-agnostic super app.
Layer3 has experienced remarkable growth since its inception, now serving 300,000 monthly active users on EVM chains. The platform’s top 1,000 users average an impressive 325 consecutive days of activity, demonstrating high user engagement. To date, Layer3 has facilitated 150 million transactions across major ecosystems including Uniswap, Base, and Linea, solidifying its position as a top protocol.
Key features of Layer3's Solana expansion include:
- A new platform aimed at expanding the Layer3 user base and providing multi-chain users with top-tier UX for onboarding, exploring, and using Solana.
- Partnerships with leading Solana protocols to bring premium consumer experiences and incentives.
- Integration of the L3 token, which users can bridge to Solana using Wormhole, although L3 on ETH remains the only version potentially earning yield via staking.
- Separate progression systems for Solana and EVM chains, opening new avenues for user acquisition while providing options for existing users.
This move is expected to drive significant activity within the Solana ecosystem while expanding use cases and demand for the $L3 token. It also positions Layer3 for future growth across multiple blockchains, reinforcing its cross-chain strategy.
As the crypto industry evolves, Layer3 believes its cross-chain approach will be a significant advantage. By offering users a unified experience across multiple ecosystems, Layer3 is enhancing its platform’s value proposition and contributing to the broader adoption of blockchain technology.
The initial reception to Layer3’s announcement has been positive, setting the stage for an exciting launch in October. This expansion is expected to kickstart a new phase of growth for Layer3 and further establish its position as a leading consumer platform in the blockchain space.
About Layer3
Layer3 is a pioneering blockchain engagement platform. It is building a chain-abstracted super app that serves as the consumer activity layer for various blockchain ecosystems. With a focus on user experience and cross-chain functionality, Layer3 is at the forefront of driving blockchain adoption and engagement.
For more information about Layer3 and its expansion to Solana, please visit its website.
Contact
Mr
Jamie Kingsley
Layer3
j.kingsley@theprgenius.com
Disclaimer: Press release sponsored by our commercial partners.