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GALA Integrates With Tapbit Amid Cross-Chain Expansion

by | May 16, 2025 - 23:20

Gala (GALA) has expanded its ecosystem through a new integration with cryptocurrency exchange Tapbit, enabling direct deposits and withdrawals via the GalaChain network. This development coincides with GalaChain’s ongoing decentralization efforts and its recent bridge to Solana, positioning $GALA as a multichain asset.

Tapbit confirmed the completion of GalaChain integration on May 16, 2025, allowing users to transact $GALA natively without relying on wrapped tokens or third-party bridges. The exchange, known for derivatives trading and institutional-grade security, now supports one of the fastest Layer 1 blockchains in gaming and entertainment.

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GalaChain’s Decentralization Roadmap

GalaChain is transitioning from a centralized Raft consensus mechanism to a Byzantine Fault Tolerance (BFT) model as part of its four-phase decentralization plan. Phase 1, currently underway, aims to enhance network security while maintaining 1,500 transactions per second throughput.

The migration includes geographic distribution of nodes in Phase 2 and integration with Gala Founder’s Nodes in Phase 3. Final governance control will shift to stakeholders through a GalaChain Improvement Proposal (GIP) system in Phase 4, as outlined in the Decentralization White Paper.

Solana Bridge Expands $GALA Utility

April’s launch of Gala Connect enabled seamless token transfers between GalaChain and Solana, exposing $GALA to Solana’s DeFi and NFT ecosystems. This interoperability allows developers to leverage both chains’ strengths – GalaChain’s entertainment-focused infrastructure and Solana’s high-speed trading environment.

The bridge has processed over 2.8 million cross-chain transactions since launch, according to Gala’s ecosystem dashboard. Users can now stake $GALA on Solana-based platforms while maintaining access to GalaChain’s gaming rewards system.

Tapbit’s Role in Ecosystem Growth

As one of the first major exchanges to natively support GalaChain, Tapbit provides institutional liquidity channels for $GALA. The platform’s derivatives products, including perpetual swaps and options, could introduce new hedging strategies for Gala node operators.

Tapbit’s compliance framework supports users in 83 countries, with plans to list GalaChain-based NFTs later this quarter. Exchange representatives noted that GALA trading volumes increased 40% in the first 24 hours post-integration.

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The convergence of exchange integration, cross-chain functionality, and decentralization upgrades positions $GALA as a multifaceted Web3 asset. Market analysts suggest these developments could help Gala capture larger shares of both the gaming and DeFi verticals, potentially influencing its market capitalization among entertainment-focused cryptocurrencies.

This article is for informational purposes only and does not constitute financial advice. Please conduct your own research before making any investment decisions.

Feel free to "borrow" this article β€” just don’t forget to link back to the original.

Dean J. Driessen

Dean J. Driessen

Editor-in-Chief / Coin Push Dean is a crypto enthusiast based in Amsterdam, where he follows every twist and turn in the world of cryptocurrencies and Web3.

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