Across Protocol Price in India (ACX)

Across Protocol is a leading solution for blockchain interoperability, using a unique “intents” system to simplify cross-chain interactions. It helps developers and users seamlessly operate across multiple blockchains by solving key interoperability challenges. The network is powered by its native token, ACX. 

Across Protocol (ACX) was co-founded by Hart Lambur, alongside the UMA team under Risk Labs.

• ACX token: ACX is the governance token of Across Protocol. Token holders can vote on proposals, manage the treasury, and shape the protocol’s future via the Across DAO.

• Low-cost transactions: Across Protocol uses a single liquidity pool and relayers, making bridging cheaper than traditional methods.

• Fast cross-chain transfers: Enables near-instant bridging of assets across the Ethereum mainnet and Layer 2s like Arbitrum, Optimism, and Base.

• Security through Optimism: It relies on a dispute-based system rather than multiple validators, reducing the chances of fraud or hacks.

ACX is the native token of Across Protocol. Its strong use case in the cross-chain bridging sector and growing demand in the multi-chain DeFi world make it a promising crypto. It supports fast, low-cost transfers across Ethereum and Layer 2 networks, and its governance model empowers token holders through the Across DAO. Backed by the team behind UMA and supported by a security-first, optimistic design, ACX has a solid technical foundation. However, like any emerging project, it faces challenges such as limited chain support, liquidity risks, and market competition. While ACX is promising, its long-term success will depend on user adoption, ecosystem growth, and continued innovation.

You can buy ACX from crypto platforms like CoinSwitch.

• ACX can be bought and traded on crypto platforms like CoinSwitch. 

•Token holders can use ACX within the protocol to pay for fees when bridging assets across chains.

• The protocol rewards liquidity providers with ACX tokens via Ethereum-based liquidity pools.

• ACX token holders can participate in the governance process.

• Across Protocol enables fast asset bridging between Ethereum and Layer 2 networks like Arbitrum, Optimism, and Base.

• The protocol works across multiple Ethereum-based chains, with plans to expand to more networks.

• It utilizes an optimistic dispute model, reducing reliance on multiple validators and minimizing risk.

• ACX is subject to market volatility like all cryptos.

• Across is a relatively new platform and is still building adoption and ecosystem reach.

• Across mainly supports Ethereum and its Layer 2s, making it less helpful in bridging to non-EVM chains like Solana or Cosmos.

• Start investing in ACX with just ₹100.

• CoinSwitch provides a seamless and intuitive trading experience for users.

• Easily manage your transactions and portfolio on the app.

Across Protocol held its Token Generation Event (TGE) on November 28, 2022, launching ACX tokens at a listing price of $0.0808. Across Protocol held a private funding round on November 24, 2022, raising $10 million at a $200 million valuation. It sold 50 million ACX tokens, representing 5% of the total supply. Across was backed by major investors like Blockchain Capital, Multicoin Capital, Paradigm, Coinbase Ventures, and others. Overall, the project raised $51 million in total funding.