- Base topped the net inflow of cross-chain bridges last week.
- Ethereum had the highest net outflow from cross-chain bridges in the past week.
- Base Protocol’s net inflow doubled that of Solana during the past week.
Activity on cross-chain bridges spiked last week, with Base, Solana, and Noble taking in the most funds, and Ethereum, Arbitrum, and Avalanche losing the most, DeFiLlama data shows.
Base saw net inflows double that of the next best, Solana. The Base protocol outperformed the other solutions in cross-chain bridges last week by accumulating a net inflow of $35.6 million.
According to DeFiLlama’s data, cross-chain bridges on Solana fetched $17.01 million into the blockchain’s ecosystem. In comparison, the bridges on the Noble blockchain had a net inflow of $14.67 million during the same period.
DeFiLlama’s overall rating shows that only seven blockchain networks recorded positive netflows last week. Besides the three blockchains mentioned above, cross-chain bridges on Mantle, Sonic, Peaq, and Polygon make up the remaining networks with positive netflows in the past week.
Related: Chainlink Cross-Chain Interoperability Protocol Goes Live on L2 Base
Which Blockchains Saw the Largest Outflows?
Ethereum led the networks with the highest outflows, with $59.01 million leaving the blockchain network via cross-chain bridges during the period under review. Other top networks with significant outflows from cross-chain bridges include Arbitrum, which has a $46.44 million net outflow, and Avalanche, which had a $43.4 million net outflow.
Eight blockchains had more funds leaving their networks than coming in via cross-chain bridges in the past week. Besides Ethereum, Arbitrum, and Avalanche, Bera, Sei, Blast, Linea, and Sui blockchains comprise the remaining five blockchains in this category. Sui is the blockchain with the least net outflow, having recorded only $3.46 million in net outflows last week.
Which Bridge Solutions Had the Most Volume?
Looking at individual bridges, the LayerZero solution claimed the top spot in terms of volume and found implementation across over 80 networks.
Related: Coinbase Resolves Solana Backlogs, CEO Commits to Scaling Infrastructure
Other top solutions under this category include Hyperliquid, Polygon POS Bridge, and Circle CCTP, according to DeFiLlama’s data.
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