Status has rolled out its v2.33 update, incorporating Base support into both its mobile and desktop platforms, reflecting its ongoing multi-chain framework, the company announced on its website.
This expansion to include Base, an Ethereum Layer-2, represents Status’s continuous adaptation to the growing crypto infrastructure, potentially enhancing user engagement and broadening transaction capabilities.
Status v2.33 Elevates with Base Multi-Chain Integration
Status v2.33’s integration of Base support into its mobile and desktop versions highlights multi-chain capabilities. This development reflects Status’s commitment to enhancing its platform. Status aims to offer users broader access to multiple blockchain networks. Carl Bennetts, Co-founder, Status said, “We are excited to expand our wallet’s capabilities with multi-chain support, including Base integration, enhancing the user experience in a privacy-centric environment.” source
The team behind Status, historically led by co-founders Carl Bennetts and Jarrad Hope, has not released public statements regarding this update. The integration enables users to access Layer-2 networks directly through the Status wallet.
Integration Boosts Utility Without Immediate Financial Shifts
Early reports indicate no immediate financial shifts tied to the update. The integration potentially increases platform utility by enhancing transaction speed and reducing costs. User experience and engagement remain the primary focus of this technical enhancement.
The integration aligns with broader infrastructure investments, with the cryptocurrency sector experiencing a boost. Multi-chain capabilities can provide a competitive edge, supported by increasing investment in such technologies, driving user adoption and engagement.
Past Integrations Drive Growth Over Market Impact
Past integrations by Status revealed increased user engagement without significant price impacts. Other platforms, like MetaMask, experienced similar trends, suggesting that wallet updates primarily drive functional growth over immediate market movements.
Kanalcoin’s experts suggest that while SNT price change may not occur immediately, the technical development sets a precedent for future strategic updates. Such integrations align with historical trends favoring infrastructure-focused advancements over short-term financial gains.
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