Cross-chain bridges are reportedly getting significant traction in terms of volume. As per the data from Top 7 ICO, Circle CCTP, Hyperliquid, and Wormhole are the dominant cross-chain bridges in terms of volume based on the 30-day performance. The other well-performing cross-chain bridges include Squid, Arbitrum Bridge, Across, DeBridge, Meson, Stargate, and IBC.
The surging volume suggests that crypto users are giving considerable attention to interoperability between diverse blockchain platforms. Moreover, in line with their crucial role, they are anticipated to get further adoption in the future.
Circle CCTP Dominates Cross-Chain Bridges with $4.55B
Top 7 ICO’s list places Circle CCTP in the top position. The cross-chain bridge has reached a remarkable $4.55B in volume over the last thirty days. It is followed by Hyperliquid which has seen a cumulative volume of $3.34B during the recent 30 days.
After that, Wormhole takes the 3rd rank in the list with its cumulative volume touching $2.72B. Subsequently, the 4th player mentioned in the list is Squid. The project has effectively attained the $1.80B mark in the case of volume.
Other Cross-Chain Bridges with Massive Volumes Past 30 Days
Arbitrum Bridge stands in the 5th spot, displaying a total volume of up to $1.65B. Moreover, Across has gained the 6th position in the respective list with a volume reaching $1.57B. The next player on the list is DeBridge while it has a $1.57B in its volume.
Top 7 ICO’s list of prominent cross-chain bridges adds Meson in the 8th place. In this respect, its volume has touched $1.26B. Following that, Stargate’s volume is $1.21B. In the end, IBC secures the 10th position as the cross-chain bridge’s volume is approximately $1.11B.
