MEXC will list Analog, with trading set to begin on February 10

MEXC has announced that it will list Analog (ANLOG) in its Innovation Zone, with trading set to begin on February 10. The exchange has already opened deposits for the ANLOG token, and withdrawals will be available starting February 11. Analog (ANLOG) will be paired with USDT for trading on MEXC.

Analog has already gained traction by securing listings on major exchanges like KuCoin and Bitget. The token launched on KuCoin on January 24 with the ANLOG/USDT trading pair, marking an important step for the project.

About Analog: An Omnichain Interoperability Solution

Analog is an omnichain interoperability protocol designed to solve the challenges of cross-chain communication by enabling seamless interaction between Layer 1 and Layer 2 networks. Founded in 2021 by Victor Young and Sanchal Ranjan, Analog sets itself apart from other interoperability solutions, such as LayerZero and Axelar, by offering an independent, all-in-one toolkit for developers. This eliminates the reliance on third-party oracles and simplifies the process of connecting smart contracts across various blockchains.

In terms of funding, Analog has raised a total of $21 million, with its latest round bringing in $5 million. The project’s valuation now stands at $300 million, with key investors including Foresight Ventures, Gate Ventures, BackerDAO, and Black Label Ventures.

Over 50 projects are either already building on or committed to using Analog’s protocol. Notable projects include Rarible, Pixelport, Meson Network, Dmail, and StationX. Additionally, Analog is working on its own decentralized exchange, Zenswap, which will enable cross-chain token swaps across popular blockchains like Solana (SOL), Bitcoin (BTC), and Tocoin (TON).

With its strong development, strategic partnerships, and increasing adoption, Analog is positioning itself as a prominent player in the omnichain interoperability space. The upcoming listing on MEXC could serve as a major milestone in the token’s journey.