Popular cryptocurrency exchange OKX has launched “X Layer,” a layer 2 (L2) network.
OKX took a significant step in its layer 2 journey. Following the test network launch as X1 in the past, the layer 2 project X Layer has transitioned to the public mainnet version.
In aiming to achieve strong interaction within the Web3 and decentralized applications, OKX stated that its native token OKB will be the main cryptocurrency of X Layer.
Commenting on the matter, OKX CMO Haider Rafique expressed their work towards building a flawless ecosystem:
We envision X Layer and other Layer 2 chains as the expressways of the Web3 world, serving as vehicles that take you to dApps, marketplaces, and self-custody wallets. In aligning with this vision, we are building an ecosystem that is as seamless and interoperable as possible.
Similarly, the popular U.S.-based cryptocurrency exchange Coinbase had earlier launched the layer 2 network Base.
