Parallel Network has launched the mainnet Alpha cross-chain bridge, supporting over 24 types of assets

Parallel Network has launched the mainnet Alpha cross-chain bridge, which currently supports over 24 different assets on Ethereum, Arbitrum and Manta networks. The speed of a single cross-chain transaction is less than 30 seconds, with more than 70,000 users conducting beta testing and plans to launch the Beta cross-chain bridge next month. It is reported that Parallel Network is a second layer expansion solution built on top of Ethereum, supported by Arbitrum's Nitro stack, integrating native yield, lending, staking and trading functions.