Bridging Crypto Frontiers

The Hottest Google Searches for Cross-chain Transactions Revealed

Umbria Network takes a lead in blockchain interoperability

LONDON , Nov. 22, 2023 (GLOBE NEWSWIRE) -- Google search data compiled by Online Blockchain plc (LSE:OBC) highlights a surge in interest for transferring cryptocurrencies to different blockchains since the start of October.

As crypto enthusiasts actively seek cheap and fast methods to ‘bridge’ assets across diverse blockchains certain search terms involving specific networks and assets have dominated Google queries and flagged Umbria Network (https://umbria.network/) as a leading solution.  

The following are the most popular searches:  

1.         BSC to ETH Bridge

2.         Bridge BSC to ETH

3.         Polygon Bridge

4.         BNB to ETH Bridge

5.         Bridge BNB to ETH

6.         Matic Bridge

7.         ETH to BSC

8.         BSC Bridge

9.         ETH to BSC Bridge

10.       BSC ETH Bridge
 

A notable trend is the interest in bridging between BNB Smart Chain (BSC) - previously Binance Smart Chain - and Ethereum (ETH). Crypto users are persistently searching reliable solutions to facilitate the smooth transfer of assets between these two prominent blockchain networks. Additionally, the search interest in Polygon and Matic bridges underscores their desire for scalability and cost-effective transactions. As the crypto community continues to expand and diversify, the demand for blockchain networks beyond Ethereum has increased. This shift underlines the growing prominence of interoperability solutions – bridges - as users look for efficient and cost-effective interaction across a spectrum of blockchain ecosystems. 

Narni uses a novel liquidity provision protocol to greatly decrease the cost of transferring funds between chains in comparison to traditional validator-driven mint/burn, lock/unlock bridges. It also offers a remarkable improvement in speed-to-finality for cross-chain asset bridging. Additionally, there is no slippage. The bridge’s cost-effectiveness and speed alongside its simple interface improves the user experience and lowers the barrier to entry for engaging with DeFi applications making them much more accessible to a wider audience. Umbria’a Narni bridge uses crowd-sourced liquidity to facilitate bridging of cryptocurrency assets across chains and generates fee-based rewards to liquidity providers as an incentive for their liquidity provision. Online Blockchain acts as advisor, administrator and co-ordinator for the project.