Arcana Network is thrilled to announce the launch of the Arcana Wallet Beta, now available on the Chrome Store, setting a new standard in blockchain accessibility and user experience through its pioneering ‘chain abstraction protocol.’
Built as the first EOA (externally owned account) wallet to leverage chain abstraction, Arcana Wallet enables a frictionless, multi-chain experience where users can spend assets across Ethereum, Base, Polygon, Arbitrum and Optimism seamlessly, with over 20 new chains coming soon.
The Chrome extension wallet is available here.
Unified balance Spend your assets held across chains, in one-click, without bridging
Arcana Wallet offers a range of features designed to eliminate fragmentation and provide users with streamlined access to DeFi (decentralized finance).
Through Arcana’s chain abstraction protocol, users can now manage their aggregated USDC, USDT and ETH balances across multiple networks all in a single wallet interface and spend these funds instantly on any supported chain without the need for bridging.
Mayur Relekar, founder and CEO of Arcana Network, said,
“At Arcana, our goal is to reimagine blockchain usability by abstracting the complexities that come with multi-chain interactions.
“Arcana Wallet delivers an intuitive and effortless experience that allows users to engage with DApps across chains, without technical barriers.”
Key features of Arcana Wallet
- Unified balances Arcana Wallet aggregates assets into a single balance across supported chains, allowing seamless spending without bridging. For example, users holding USDT on Arbitrum and Optimism see a combined balance ready to spend on Polygon or Base.
- EOA wallet-based orchestration Users can bring their existing EOA address or create a new one, ensuring self-custody. Funds stay in the user’s wallet, without locking up or requiring deposits to another address, maintaining asset security and cross-app accessibility.
- Universal address accessibility Unlike wallets needing app-specific setups, Arcana Wallet retains assets within one wallet, making them accessible across all apps even those without native chain abstraction support.
- Efficient gas payments Gas fees can be auto-funded in stablecoins (USDT or USDC), eliminating the need to hold native tokens on each chain. Arcana’s optimized protocol keeps gas fees up to 10 time lower than traditional…
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