Popular crypto exchange OKX has launched Layer 2 (L2) network “X Layer”.
OKX has taken an important step in its Layer 2 journey. The Layer 2 project, previously launched as X1 testnet, has now transitioned to the public mainnet as X Layer.
In a move aimed at obtaining strong interaction in the realm of Web3 and decentralized applications, OKX stated that its native token OKB will be the primary cryptocurrency of X Layer.
Commenting on the matter, OKX CMO Haider Rafique expressed their commitment to building a seamless ecosystem:
We envision X Layer and other Layer 2 chains to be the expressway infrastructure of the Web3 world, as well as the vehicles that get dApps, marketplaces, and self-hosted wallets there. In line with this vision, we are building an ecosystem that is as frictionless and interoperable as possible.
Last period, US-based Coinbase had taken a similar step by releasing the Base Layer 2 network.
