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Jump-Backed Wormhole Bridge Expands to Algorand Blockchain

The Algorand partnership marks Wormhole’s 10th integration with a layer 1 blockchain, as developers focus on interoperability solutions. Popular layer 1, or base-layer, blockchains, such as Ethereum, Avalanche and Solana, cannot easily communicate with each other, meaning assets held on one blockchain are difficult to transfer onto and account for on another.