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Popular cryptocurrency exchange OKX has launched the layer 2 (L2) network “X Layer.”

OKX took an important step in its layer 2 journey. The layer 2 project “X Layer,” which was launched as a testnet X1, has now transitioned to a public mainnet.

OKX aims to achieve strong interaction in the realm of Web3 and decentralized applications with this move, specifying that the native token OKB will be the main cryptocurrency of X Layer.

Commenting on the matter, OKX CMO Haider Rafique expressed their efforts to build a seamless ecosystem:

We foresee X Layer and other Layer 2 chains as the interstate infrastructure of the Web3 world, along with dApps, marketplaces and self-hosted wallets serving as vehicles that get you there. In line with this vision, we are building an ecosystem that is as seamless and interoperable as possible.

Last period, the popular U.S.-based cryptocurrency exchange Coinbase also took a similar step by launching the layer 2 network Base.

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