Chain Abstraction is enabling a lot more things earlier difficult in #Web3 🤝 The $XION #Mainnet is now LIVE - the first wallet lessL1 purpose-built for mainstream adoption through #ChainAbstraction 🔗😍 https://t.co/MuaiJB1iMz
Chain Abstraction has been one of the biggest narratives of this year, and Particle has been at the forefront of alot of that. Particle’s Universal X release came right in time (middle of the bull run); this is a trading app that lets you buy/sell tokens on any chain using… https://t.co/c6cyPMTVJB
❗️@burnt_xion $XION conducted its initial listing and launched mainnet XION has also launched a gamified token airdrop dubbed “Double or Nothing” and farming on #Bybit and #Bitget exchanges with 1.3M #XION tokens in total rewards. https://t.co/w6bD5hknKd
The $XION token, launched by @burnt_xion, officially went live on December 5, 2024, marking a significant milestone for the first walletless Layer 1 blockchain designed for crypto abstraction. The whitepaper highlights the project's aim to simplify blockchain interactions, thereby enhancing Web3 accessibility by removing complexities such as accounts, fees, and interoperability. Trading for $XION commenced on multiple exchanges, including KuCoin, Bybit, and Bitget, with an initial trading price of $6.50. Additionally, a gamified token airdrop called 'Double or Nothing' has been introduced, featuring a total of 1.3 million $XION tokens in rewards, further incentivizing user participation. The launch is seen as a step toward mainstream adoption of blockchain technology, backed by notable investors and supporters in the crypto space.