Connext to Make Announcement in Q2

⏪ What a quarter it has been!

In our latest Q1 recap article, we share valuable insights into Connext's progress, highlighting new use cases, partnerships, protocol growth, and more. 🌱

Here's the TL;DR:

• Connext is the leading protocol for chain abstraction.

• We have expanded our support to include Metis🌿, Mode 🟡, and Base 🛡️, bringing the total number of supported chains to 10.

• The volume in the Connext network grew by over 50x, surpassing $1 billion in monthly bridge volume, with a 99.4% network uptime and high rates of fast transfer completion.

• Connext introduced its Restake From Anywhere module, a powerful industry-first use case, enabling ETH native restaking on L2s in partnership with Renzo. In the two months since launch, Connext has enabled over $320M in ETH to be restaked on L2s.

• We’re excited to see further industry adoption of the xERC20 token standard, an open crosschain standard built by and for the Ethereum community that is neither owned nor controlled by a specific protocol.

• The Connext DAO has shown strong governance and community engagement with active contributions.

• At ETHDenver, Connext showcased its various use cases through workshops and keynote presentations, and we’re gearing up for many more events globally throughout Q2.

🗞️ Learn more about how we're pushing the boundaries of Web3 ⬇️
https://t.co/NsZbb4w6Yu