TAIKO layer 2 token debuts on financial super app Revolut
The Ethereum Layer 2 Taiko project launched its native token, Taiko, on Revolut, one of the largest financial superi-supervisors in Europe.
According to an April 8 press releaseTaiko is now available for the 45 million revolut users in 50 countries, marking a big step in the priming of the dominant token. Thanks to the Revolut application, users can now buy the token directly, providing a simple Fiat-to-Crypto on a ramp and possibly increase liquidity.
Taiko is the first layer 2 to use the “based rollup” design, which uses the native safety and sequencing features of Ethereum. Its design increases speed and scalability without sacrificing decentralization. Vitalik Buterin, co-founder of Ethereum, praised the project of its architecture, describing it as “ideal for Ethereum scaling”.
Taiko has already experienced massive growth since its main launch in June 2024, managing more than 2 million daily transactions and recording more than 210 million separate portfolio addresses.
The revolut list extends the scope of Taiko and completes the traction of the giant Fintech in the cryptography industry. The platform has developed its crypto offers, launch Revolut X, an exchange of crypto for advanced users, in November 2024.
In addition to the list of tokens, Taiko has progressed in its ecosystem. In an April 4 update On X, Taiko announced the training of its DAO security advice, featuring the best names like Nethermin, Aragon, Halborn Security, L2beat and Chainbound.
Taiko has also completed its first test test in Pacaya upgrade, a technical update that accelerates the network and improves scalability by optimizing how transactions are treated.
Despite the registration of Revolut, Taiko has not yet been awarded its recent price collapse, which was triggered by uncertainty on a market scale after Trump’s suite trade war. The token is down 13% in the last 10 days, currently negotiating $ 0.56 with a market capitalization of approximately $ 54 million,
Post Comment