Komodo (KMD) rallies 54% after major push to expand interoperability with AtomicDEX By Cointelegraph

[ad_1]


Interoperability between separate blockchain networks has become a major theme in the cryptocurrency market over the past year, but several major exploits — such as the $321 million Wormhole exploit — have highlighted the difficulties in achieving cross-chain transfers in a secure manner.

One protocol that has been gaining traction in February thanks to its alternative approach to achieving cross-chain interoperability is Komodo, an open, composable multichain platform that is home to the AtomicDEX wallet and non-custodial decentralized exchange.

KMD/USDT 4-hour chart. Source: TradingView
VORTECS™ Score (green) vs. KMD price. Source: Cointelegraph Markets Pro