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HomeCrypto NewsMarketSologenic (SOLO) Now First XRPL Token To Be Listed On A Top Exchange

Sologenic (SOLO) Now First XRPL Token To Be Listed On A Top Exchange


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Sologenic (SOLO) is the first XRPL token to be listed on a top exchange, Huobi Global.

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Huobi Global is the first major cryptocurrency exchange to list an XRPL token, and that token is Sologenic (SOLO). The XRP Ledger serves as the foundation for the complex ecosystem that is known as Sologenic.

It makes it easier to invest in and trade cryptocurrencies alongside non-blockchain assets like stocks, exchange-traded funds (ETFs), and commodities from the top 30 or more global stock exchanges.

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Recently, the team at Sologenic has formed a relationship with Multichain, the most advanced router now available for Web 3.0, in an attempt to achieve interoperability with all blockchains.

Transactions may be facilitated from practically any blockchain thanks to its architecture, which was created for random cross-chain interactions. This eliminates the requirement to route or issue transactions from the native chain of each token.

According to statements made by Sologenic, the company’s cross-chain cooperation will continue to shape the route toward interoperability with other major networks that are currently in development, such as ETH, AVAX, NEAR, ATOM, and MATIC.

Sologenic is a cryptocurrency project with the goal of building a bridge between traditional financial assets and cryptocurrencies. However, this bridge will not be created by bringing cryptocurrencies to traditional exchanges; rather, it will be created by putting traditional assets on the blockchain.

The initiative aims to increase the use of cryptocurrencies across the board, and it plans to accomplish this goal by demonstrating the potential advantages of the cryptocurrency business to conventional asset traders and investors.

Projects like Sologenic are hastening the process of integrating cryptocurrency into the conventional realm of banking, assuring the steady integration of digital currencies into daily life as well as the global financial landscape.

Sologenic (SOLO) was previously exclusively accessible for buying on the crypto exchanges Uphold and Gate.io. It is now available on one of the leading exchanges, Houbi Global.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.



Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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