{"id":67505,"date":"2022-09-21T19:00:00","date_gmt":"2022-09-21T16:00:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=67505"},"modified":"2025-09-07T06:57:24","modified_gmt":"2025-09-07T03:57:24","slug":"boba-network-to-launch-l2-solution-on-avalanche-network","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/boba-network-to-launch-l2-solution-on-avalanche-network\/","title":{"rendered":"Boba Network to launch L2 solution on Avalanche network"},"content":{"rendered":"<p>The Boba Network team will launch a second-layer scaling solution (L2) on the <a href=\"https:\/\/forklog.com\/en\/news\/what-is-avalanche-avax\">Avalanche<\/a> network. ForkLog has been told by project representatives.<\/p>\n<p>According to them, developers will gain access to Hybrid Compute and Boba&#8217;s own <a href=\"https:\/\/forklog.com\/en\/news\/what-are-nfts\">NFT<\/a>-bridge. The latter will provide \u201ca smooth transfer\u201d of non-fungible tokens between L1 and L2.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cBy integrating into additional networks, Boba opens up new possibilities [\u2026], providing our talented developers with another way to make <span data-descr=\"decentralized applications\" class=\"old_tooltip\">dapps<\/span> cheaper, faster and scalable,\u201d said Luigi D\u2019Onorio DeMeo, Head of DeFi at Ava Labs.<\/p>\n<\/blockquote>\n<p>According to the announcement, the deployment of the solution on Avalanche includes the P2E-project EvoVerses as a partner for launching the dapp.<\/p>\n<p>In April, the Boba Network developers <a href=\"https:\/\/forklog.com\/en\/news\/boba-network-raises-45-million-at-a-1-5-billion-valuation\">raised $45 million<\/a> at a valuation of $1.5 billion.<\/p>\n<p>As of writing, the TVL of the platform stood at $28.63 million.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/hLvjxGHDPdts_eoK4BjjTF3LPfXLci55-eCtecbHouzRK6ajO3HYhGnYTqXpERyyMmR5bOxS9m2bzyp4h24UkL2tOlHWTVJh_ubJ4l2RwqYDRH31NNPFEyWcuHn0bKaqp5wwA-_tenJK8GbXFkNB0BpeA1PCkJxdxtpnLk9p7CPFj_aSkYpQ-GqYWw\" alt=\"Boba Network \u0437\u0430\u043f\u0443\u0441\u0442\u0438\u0442 L2-\u0440\u0435\u0448\u0435\u043d\u0438\u0435 \u0432 \u0441\u0435\u0442\u0438 Avalanche\"\/><figcaption>\u0414\u0430\u043d\u043d\u044b\u0435: <a href=\"https:\/\/l2beat.com\/\">L2BEAT<\/a>.<\/figcaption><\/figure>\n<p>In September, the DeFi protocol Sushi <a href=\"https:\/\/forklog.com\/en\/news\/sushi-defi-protocol-to-integrate-with-boba-network\">announced plans to deploy its products<\/a> on the Boba Network.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Boba Network team will launch a second-layer scaling solution on the Avalanche network, according to ForkLog. They say developers will gain access to Hybrid Compute and Boba&#8217;s NFT-bridge. The latter will provide \u201ca smooth transfer\u201d of non-fungible tokens between L1 and L2. By integrating into additional networks, Boba opens up new possibilities, providing our talented developers with another way to make dapps cheaper, faster and scalable. In September, the DeFi protocol Sushi announced plans to deploy its products on the Boba Network. In April, the Boba Network developers raised $45 million at a valuation of $1.5 billion. As of writing, the TVL of the platform stood at $28.63 million. Follow ForkLog&#8217;s Bitcoin news on Telegram: cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1413,2305,1179],"class_list":["post-67505","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-avalanche-avax","tag-boba-network","tag-layer-2-solutions"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/67505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=67505"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/67505\/revisions"}],"predecessor-version":[{"id":67506,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/67505\/revisions\/67506"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=67505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=67505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=67505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}