Acala (ACA) is a token of the blockchain platform on Polkadot, a universal decentralized financial network. The project offers a set of inter-network financial applications with which users can easily trade on Acala Swap. The token itself is used to pay transaction fees and system stability, to govern protocol, rates, and other basic network activities.

Acala Token news today, ACA crypto latest news of token ticker

Acala Token

Thrilled to announce the mainnet launch of Acala Multichain Asset Router 1.0 enabling asset transfer from any chain to any parachain seamlessly in a single transaction 🔥

powered by @Polkadot #XCM @wormholecrypto & AcalaEVM+
https://medium.com/acalanetwork/acala-multichain-asset-router-1-0-97f2dac42c6a…

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. @AcalaNetwork 's Multichain Asset Router launched today which enables seamless liquidity across any Wormhole-supported blockchain and @Polkadot parachain using Wormhole Messaging and Polkadot's XCM.