Sharbi Launches FETCH Bridge Between Shibarium, Ethereum, and Arbitrum
Sharbi, the leading coin launched by the Shiba Inu community on the L2 Shibarium, has announced plans to launch FETCH, a multichain bridge that connects Shibarium, Ethereum, and Arbitrum. The bridge is developed by Solidity.io and aims to significantly reduce off-chain bridging time from 7 days to just 15 seconds.
A Closer Look Into Sharbi’s FETCH Multichain Bridge
The FETCH multichain bridge will allow SHARBI and BONE tokens to be bridged between Ethereum, Shibarium, and Arbitrum. Additionally, any other token that is whitelisted by the DAO can also be bridged. The reduced bridging time is seen as a revolutionary measure in the cryptocurrency realm, providing users with faster access to their funds across multiple chains.
Andrew Rosemond, a core member of the Sharbi team, highlighted the frustration experienced by investors when they are unable to seize opportunities due to limited access to their funds. The FETCH bridge aims to address this issue and empower users with seamless cross-chain transactions in seconds.
The community also announced the establishment of Boom Boom Capital, its investment arm, and highlighted strategic partnerships that have supported its growth.
SHARBI Price Soars
The price of SHARBI has seen an increase of 8.45% in the past 24 hours and is currently trading at $0.0000009295. The trading volume for the token has also surged by 50.08% during this period. These recent advancements position Sharbi and its token for significant growth in the near future.