Catena X (CEX), a crypto project, has declared that the CEX token will be launched on the Solana (SOL) network in the upcoming weeks. The launch on the Solana network is a critical step toward Catena X’s objective of providing a cross-chain approach that enables consumers to operate across many blockchain systems. Solana was chosen since it is flexible and can execute transactions rapidly and affordably.
Catena X intends to launch on some other blockchain systems in addition to Solana. There have been plans to install the CEX token on the Ethereum platform, but it has been postponed until the installation on the Cardano blockchain platform due to the high costs incurred.
Catena X will give a service to the community by enabling smooth transactions across several blockchains. Since its inception, the Catena X project has seen remarkable growth, and its network has expanded in a short time.
Catena X is also getting more and more popular as a result of the advent of a community incentive programme known as a bounty campaign, as well as the launch of an NFT design competition in which members of the community can make and submit Catena X NFT designs for a prize. Catena X seems to have some interesting qualities that make it a popular cryptocurrency. In terms of governance, members of the community can vote, assign, and contribute to Blockchain records.
About Catena X
Catena X (CEX) is among the most recent cryptocurrencies that is expected to revolutionize the globe of Decentralized Finance (Defi). It is a multi-chain transfer protocol that connects many blockchain technologies and enables transactions and payments across various crypto communities. It will speed things up and make it simpler for cryptocurrency users all around the world to browse the marketplace. It was established by Luuk Janssen, a senior software development engineer who graduated from the University of Illinois Urbana-Champaign.