A chain swap is the process of moving a cryptocurrency token from one blockchain to another. This often occurs when a project migrates to a new blockchain to improve scalability, features, or network efficiency. Chain swaps typically involve exchanging old tokens for new ones through smart contracts or exchange platforms. The process ensures that holders retain their token balances on the new chain. Chain swaps require careful planning to prevent loss of assets or network disruption.
The Solana network is one step closer to traditional finance speeds as the Alpenglow consensus upgrade enters community testing, promising to slash finality times by 100x.
TON Core has launched Acton, an AI-powered development suite that allows builders to deploy autonomous agents on the TON blockchain with the ease of a template.
Ethereum is set to activate ERC-8004 on mainnet, introducing a standardized framework that allows AI agents to operate as economic actors across decentralized networks.