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Decentralized Cross Chain Layer 2 Protocol Orbiter Finance Reports 20,000 ETH in Annual Revenue
Decentralized Cross Chain Layer 2 Protocol Orbiter Finance Reports 20,000 ETH in Annual Revenue
The decentralized cross chain Layer 2 protocol Orbiter Finance reports that it brought in 20,000 ETH in revenue in the past year for its cross chain bridging protocol.
decentralized cross chain Layer 2 protocol is planning to integrate ZK technology into its bridging protocol to further improve its efficiency and scalability. The protocol is also looking to expand its support for additional Layer 2 networks and EVM chains.
According to the press release, the protocol is targeting to achieve a transaction processing capacity of 100,000 TPS by the end of Q3 2024. This goal aligns with Orbiter Finance’s mission to enhance the accessibility and affordability of cross-chain bridging services for the broader Web3 community.
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