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Cryptocurrency News Articles

title: Across Protocol (ACX) Skyrockets After Gaining Support from South Korea's Second-Largest Crypto Exchange

Mar 23, 2025 at 05:15 pm

In a new announcement, crypto trading platform Bithumb says that it is now supporting the interoperable cross-chain bridge Across Protocol (ACX), triggering rallies for the digital asset.

title: Across Protocol (ACX) Skyrockets After Gaining Support from South Korea's Second-Largest Crypto Exchange

Crypto trading platform Bithumb is now supporting interoperable cross-chain bridge Across Protocol (ACX), a move that has triggered huge rallies for the digital asset.

Its inclusion on the exchange was announced on Tuesday, March 21st.

After the news broke, ACX was seen surging rapidly. It went from a 21st March low of $0.275 to a peak of $0.462 just a few hours later, a rise of nearly 68%.

It has since retraced and is trading for $0.319 at time of writing, a 10% gain during the last 24 hours.

According to its website, Across Protocol is the only cross-chain platform powered by intents.

As the protocol explains, intents introduce a third party, a relayer (alternatively named filler, or solver), that does the job of delivering assets / executing user transactions quickly.

An intent is a type of order where a user specifies an outcome instead of an execution path.

In practice, intents manifest as a combination of a cross-chain limit order and an action to execute, all encoded within a standardized order structure. Relayers compete on cost and speed to fill these orders, which can include on-chain actions as well as assets. Relayers deliver very quickly, without any messages.

In practice, intents manifest as a combination of a cross-chain limit order and an action to execute, all encoded within a standardized order structure. Relayers compete on cost and speed to fill these orders, which can include on-chain actions as well as assets. Relayers deliver very quickly, without any messages.

From the user’s perspective, interoperability is solved. Their desired outcome is achieved.

Disclaimer:info@kdj.com

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Other articles published on Mar 25, 2025