Worldcoin Expands with Across Integration, Enters Ethereum L2 Ecosystem

Secure and inexpensive cross-chain transactions are now possible thanks to Across's integration into the network

Layer 2 blockchain protocol World Chain announced on November 1 its integration with cross-chain Layer 2 protocol Across on the Ethereum network. This integration will enhance secure cross-chain transactions and add ERC-7683 support to World Chain.

According to the official announcement on November 1, this integration will enable World Chain to join the broader Ethereum Layer 2 (L2) ecosystem from its early stages. The integration aims to provide two key capabilities to the L2 network, catering to users across the globe.

This integration will primarily empower network developers to build robust cross-chain applications that are natively interoperable within Sam Altman's ecosystem. It will also enable users to seamlessly transfer Ethereum, wETH, USDC and wBTC from other chains.

Moreover, the AI-crypto network will now be compatible with ERC-7683, a cross-chain swapping standard created in collaboration between Across and Uniswap. Since this announcement, interesting conversations have sparked regarding the coin's crypto journey, with market observers keeping an eye on the movements in the price of the AI coin.

World Chain Expands with Across Integration, Enters Ethereum L2 Ecosystem

This integration comes with several benefits. Firstly, it will enable network developers to create powerful cross-chain applications that are inherently interoperable within Sam Altman's ecosystem. Secondly, it will allow users to effortlessly transfer ETH, wETH, USDC and wBTC from other chains.

To put this in perspective, World Chain is an L2 blockchain protocol that utilizes artificial intelligence (AI) to scan faces and distribute crypto. The network aims to onboard the next billion users into Web3 and crypto by making the process enjoyable and accessible.

The L2 protocol boasts a native cryptocurrency called WLD, which serves multiple functions within the ecosystem. Among other things, it is used for gas fees, governance and staking. Notably, the coin has attracted attention due to its unique use case and affiliation with a promising L2 blockchain protocol.

However, market observers have expressed varying opinions on the price movements of the AI coin. Some believe that the coin could reach $10 in the near future, considering the L2 protocol's recent developments and the potential for increased adoption.

At the time of reporting, the price of WLD has decreased by nearly 2% intraday, currently trading at $1.93. The lowest price point the coin reached during the last 24 hours was $1.85, while the highest price point was $1.99.

Meanwhile, on a broader time frame, the coin's price movements have been quite interesting. For instance, over the last month, Worldcoin's price has seen a 15% increase, highlighting the growth potential for the AI cryptocurrency.

However, market observers are still hopeful for the future, especially considering the recent World Chain development, as reported by Coingape.

But with the way things are going, a $10 price goal is still quite optimistic. However, concerns regarding the $10 price target are raised by a 4% decrease in the coin’s futures open interest (OI) to $214.60 million, according to Coinglass data.