MEXC Lists Analog (ANLOG) in Innovation Zone

Analog (ANLOG) Now Available for Trading on MEXC

MEXC has announced the listing of Analog (ANLOG) in its Innovation Zone, with trading set to commence on February 10. Deposits for ANLOG are already open, and withdrawals will be available starting February 11.

The token was first made available for pre-market trading on major exchanges, with the ANLOG/USDT pair launching officially on January 24. Analog has secured listings on several notable exchanges, further expanding its reach in the cryptocurrency market.

About Analog: An Omnichain Interoperability Solution

Analog aims to solve challenges in cross-chain communication by enabling seamless communication between Layer 1 and Layer 2 networks. Founded in 2021 by Victor Young and Sanchal Ranjan, Analog offers an independent omnichain interoperability solution with a developer-focused, all-in-one toolkit.

This solution simplifies smart contract development and connection across multiple blockchains. Key features of Analog’s solution include:

  • Independent omnichain interoperability solution
  • No reliance on third-party oracles
  • Developer-focused, all-in-one toolkit

Analog has successfully raised multiple rounds of funding to fuel its development. In its latest round, the company secured an impressive $5 million, bringing its total funding to $21 million and boosting its valuation to $300 million.

Key backers of Analog include Foresight Ventures, Gate Ventures, BackerDAO, and Black Label Ventures. The project has also gained significant traction, with over 50 projects either building on or committing to build on Analog’s protocol.

Notable projects building on Analog’s protocol include Rarible, Pixelport, Meson Network, Dmail, and StationX.

Analog is also developing its own decentralized exchange, Zenswap, which will enable cross-chain token swaps across blockchains such as Tocoin (TON), Solana (SOL), and Bitcoin (BTC).

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