Wormhole Launches New Algorand Portal

Wormhole (https://wormholenetwork.com/), the generic cross-chain messaging protocol, announced today it has launched support for Algorand, a pure Proof-of-Stake (PPoS) blockchain with an extremely robust decentralized finance (DeFi) ecosystem. Now, developers can leverage the Wormhole SDK to build decentralized applications (dApps) and protocols that can move value seamlessly across nine major blockchain networks without fees. The Wormhole protocol underpins the cross-chain Portal Bridge (https://portalbridge.com) for Layer 1 and Layer 2 blockchains including Algorand, Avalanche, Binance Smart Chain, Ethereum,...

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