Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Band Protocol Boosts Oracle v3 Reach with Cosmos, Axelar, and Router Protocol Integration
By: blockchainreporter|2025/05/08 05:15:01
0
Share
Band Protocol, a well-known data oracle entity for cross-chain operations, has announced the launch of Band Oracle v3 Testnet’s phase 2. With this launch, Band Protocol is broadening the Data Tunnel integration thereof to back Cosmos, Axelar, and Router Protocol. The platform disclosed this development on its official social media account on X.What’s New on Band Oracle v3 Testnet Phase 2?We’ve expanded the Data Tunnel to support @cosmos, @routerprotocol, and @axelar, opening up Band v3 Oracle access to more chains than ever.Here’s what you need to know pic.twitter.com/WegnPvlXqu— Band Protocol (@BandProtocol) May 7, 2025Band Protocol Unveils Phase 2 of Band Oracle v3 to Boost Cross-Chain OperationsBy launching the 2nd phase of Band Oracle v3, Band Protocol intends to increase its support for Router Protocol, Axelar, and Cosmos. The development considerably widens Band Oracle v3’s availability, making it a notable infrastructure provider when it comes to real-world asset tokenization and DeFi sector. A unique feature emerging in this phase is the integration of IBC-Hook route.This permits blockchains within the Cosmos ecosystem to use the present Inter-Blockchain Communication token transaction channels. In this respect, they can access the oracle data of Band. This streamlines the onboarding procedure for Cosmos-based chains while also bringing the accurate price feeds of Band to facilitate a growing ecosystem.Driving DeFi, RWA, and Gaming Apps with Unmatched InteroperabilityAccording to Band Protocol, it is also working in close cooperation with Axelar and Router Protocol to utilize its cross-chain routing functionality. Along with that, Band Protocol is also focusing on its partnership with Axelar for the development of a secure bridge. It would transfer the oracle data of Band to Axelar-linked chains. Overall, the Band Oracle v3 Testnet’s phase 2 leads to the future of unique interoperable DeFi, RWA, and gaming applications
You may also like
These days, even hackers are losing money
Although hackers possess excellent skills and can complete a meticulous harvest in a matter of hours, the market does not care where the chips come from; in the face of a bear market, everyone is treated equally.
Arm Chips In-House: Rewire News Brief
For Intel and AMD, the x86 Moat Just Got a Little Less Secure
IOSG: Stablecoin Reshaping Asia Cross-Border Payments? Strategic Landscape and Investment Opportunities Analysis
Stablecoins have not truly addressed the two core pain points of domestic settlement and exchange rate conversion.
\$73 Billion OpenAI Aims for IPO: Drops Sora, Snubs Disney, Puts Microsoft in Risk Factors
Altman is Telling a Growth Story in Subtraction
The Chip Industry's Most Secure Middleman Just Took a Very Risky Turn
Arm's decision to fabricate chips is essentially competing with its own customers
CZ's Latest Interview: My Experience is Replicable, Writing a Book to Inspire Young Entrepreneurs
How will CZ measure the success of this industry and how far have we really come?
Morning News | Invesco acquires a $900 million on-chain fund from Superstate; ParaFi has raised $125 million for its new fund; Solana Foundation launches developer platform SDP
Overview of Important Market Events on March 24
What is the background of this new fund that the two major prediction market platforms have rarely joined forces to create?
When Klashi's early employees went out to raise funds, the two CEOs chose to appear together on the list of investors.
SIREN, another leveraged scam
What kind of experience can we gain from these similar situations?
Token has become extremely popular, and the blockchain is very sad
When AI's tokens become the new "digital oil," blockchain can only watch its once-dreamed dreams materialize in a completely unfamiliar way. This misaligned popularization is a victory for AI, but also the deepest helplessness for blockchain.
Tether's major shareholder invests £12 million to support the "British version of Trump" in the cryptocurrency sector
In the United States, the story of the cryptocurrency industry pouring money to support Trump and reclaiming regulatory dominance has come to an end. In the United Kingdom, the same script is being replayed.
Huang Renxun's Latest Podcast: Will NVIDIA Reach $1 Trillion? Will the Number of Programmers Increase Instead of Decrease? How to Deal with AI Anxiety?
Hashpower will determine everything; human work will only be restructured, not disappear
Besides Resolv Hack, This DeFi Vulnerability Type Has Occurred Four Times
17 minutes, 100k turned into 25M.
Trump Cries Peace, $1.5 Billion Dash | Rewire News Evening Brief
In the first 15 minutes of trading, $1.5 billion in futures trades have already taken place
From x402 to MPP: Cloudflare's crucial vote, will it go to Coinbase or Stripe?
Cloudflare is both building walls and opening windows. It provides both blocking tools and paid access tools. They decide what is kept out, what is allowed in, and under what conditions it can enter.
BlackRock CEO issues annual open letter: The wave of tokenization has arrived, and we will lead this trend
Rebuild capitalism that belongs to everyone.
When Backpack backstabs the community
Once a fundamental rift in trust appears, the cost that Backpack must pay to repair it is likely far more expensive than the profits previously "harvested" through service fees.
When gold is no longer a safe haven, and Bitcoin continues to panic
The whole world is waiting for the Strait of Hormuz to reopen. Why not guess which type of asset will return to pre-war levels first?
These days, even hackers are losing money
Although hackers possess excellent skills and can complete a meticulous harvest in a matter of hours, the market does not care where the chips come from; in the face of a bear market, everyone is treated equally.
Arm Chips In-House: Rewire News Brief
For Intel and AMD, the x86 Moat Just Got a Little Less Secure
IOSG: Stablecoin Reshaping Asia Cross-Border Payments? Strategic Landscape and Investment Opportunities Analysis
Stablecoins have not truly addressed the two core pain points of domestic settlement and exchange rate conversion.
\$73 Billion OpenAI Aims for IPO: Drops Sora, Snubs Disney, Puts Microsoft in Risk Factors
Altman is Telling a Growth Story in Subtraction
The Chip Industry's Most Secure Middleman Just Took a Very Risky Turn
Arm's decision to fabricate chips is essentially competing with its own customers
CZ's Latest Interview: My Experience is Replicable, Writing a Book to Inspire Young Entrepreneurs
How will CZ measure the success of this industry and how far have we really come?
App