Unifying Blockchain with SOCKETProtocol

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Blockchain is fragmented. Assets locked in one chain. Opportunities on another. What’s holding us back from a truly unified Web3? Let’s talk about the solution we've been waiting for. 👇🧵

Right now, we rely on bridges to move funds around and be able to use different blockchains. But they’re riddled with issues: • 🕒 Slow and clunky user experiences • 💸 High fees with hidden costs • ⚠️ Over $2.5B lost in bridge hacks It’s time to move beyond outdated systems

Meet @SOCKETProtocol: The first chain abstraction protocol designed to unify app development across blockchains. Think of it as the toolkit to build Web3 experiences that are fast, intuitive, and truly borderless.

❔ First, what exactly is Chain Abstraction ❔ Chain Abstraction, as it is implied in the name, is to use Crypto technology without worrying about the underlying chains. You would just interact with apps directly.

The goal is to make blockchain technology easier to use without needing users to understand the technical details of each individual blockchain. Most people don't want to worry about which blockchain they're using, whether it's supported by their wallet, if they need to bridge funds, or which token to use for gas. → They just want to use an app.

Think of it like the internet—you don’t need to know which server a website is hosted on, which tech is used to build the website, you just access it seamlessly. That’s the vision for blockchain. That's one of the keys for mass adoption!

Let the numbers do the talking for SOCKET: • Over $10B in transaction volume processed. • 12M+ transactions executed. • $200M+ TVL managed. SOCKET isn’t just an idea—it’s a proven backbone for Web3.

What makes SOCKET so powerful? It eliminates blockchain silos with features like: • Composability across chains—apps talk to any network seamlessly. • Off-chain logic—no manual user interactions. • Simplified UX—no more gas fees or approvals. This is infrastructure designed for the next billion users.

Some standout applications powered by SOCKET: • NEAR Collaboration: Building the Chain Abstraction Framework. • MAGIC Accounts: Unified global balances for multi-chain spending. • Musubi: Enabling chainless swaps for better DeFi UX. • Ethena: Expanding DeFi offerings effortlessly. Game-changing innovation, one use case at a time. x.com/SOCKETProtocol/status/1854556829176807878

This protocol powers some of the most popular apps and wallets you already use: • Metamask • Coinbase Wallet • Platforms like Opensea and Polymarket If you’ve interacted with one of these, along many others, SOCKET has already improved your experience.

Bungee Protocol is an example of where @SOCKETProtocol shines. Built on SOCKET, it’s a liquidity marketplace redefining multichain actions. Swap, deposit, or mint on any chain—fast, cheap, and seamless. Bungee is the perfect showcase of SOCKET’s vision in action. 🚀

It's also gaining massive traction: • 60k weekly users on @BungeeExchange • 100k+ followers on X • 80k+ members on Discord Powered by SOCKET, Bungee makes multichain effortless.

Behind SOCKET is a team of experienced crypto veterans—founders with expertise in zk rollups, Hubble, and giants like Amazon and Netflix. They’ve raised $12M from Framework Ventures and Coinbase Ventures to support this vision. SOCKET's smaller-than-usual funding could signal a larger slice of the pie for their community.

Why is this important in 2025? 🤔 Chain abstraction is a rising narrative—but still underexplored. As blockchain adoption grows, SOCKET is solving the biggest barriers to usability and scalability. x.com/SOCKETProtocol/status/1877663387129405926

Imagine Web3 without limits: • Apps that work on any chain, seamlessly. • Users who never worry about wallets or gas. • Developers with a unified toolkit to build for the masses. That’s the world SOCKET is creating.

✦ 𝗖𝗼𝗻𝗰𝗹𝘂𝘀𝗶𝗼𝗻 This thread was made in collaboration with @SOCKETProtocol to educate about Chain Abstraction. I'm happy to see this evolution for Crypto this year, and I'll follow the development closely! If you want to see how SOCKET is shaping the next chapter of blockchain: • Follow @SOCKETProtocol for updates. • Join the growing Discord community. • Keep an eye out for upcoming testnets. NFA & DYOR 🫡

Frends you should Follow for Alpha: (that could also be interested by Chain Abstraction) @eli5_defi @Hercules_Defi @rektdiomedes @Flowslikeosmo @Louround_ @Deebs_DeFi @poopmandefi @0xelonmoney @0xAndrewMoh @Slappjakke @CryptoNikyous @ayyyeandy @0xCrypto_doctor @0xFastLife @TheDeFISaint @hmalviya9 @stacy_muur @crypthoem @crypto_linn @ViktorDefi @dontbuytops @arndxt_xo @0xMughal @Defi_Warhol @jake_pahor @CryptoGideon_