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Odaily Planet Daily News According to an announcement by XION on the X platform, the modular universal abstraction layer XION will achieve on-chain abstraction on Solana through Picasso Network.
Earlier, it was announced that Picasso Network, a DeFi protocol in the Polkadot ecosystem under Composable Finance, has achieved the IBC protocol experience on Solana last month, marking the first trust-minimized connection between Solana, Cosmos, Ethereum, and Polkadot networks.