What is MULTI: The Next Generation of Urban Transportation Systems

Multichain's Positioning and Significance

In 2020, Multichain (MULTI) was launched to address the clear need for diverse blockchains to communicate with each other. As the "ultimate router of Web3," Multichain plays a crucial role in cross-chain interactions and interoperability.

As of 2025, Multichain has become a key infrastructure for cross-chain communication in the blockchain industry, with an active developer community. This article will analyze its technical architecture, market performance, and future potential.

Origins and Development History

Birth Background

Multichain was created on July 20, 2020, initially as Anyswap, to serve the explicit need for different and diverse blockchains to communicate with each other. It emerged during the blockchain technology boom, aiming to provide a solution for any cross-chain interaction. Multichain's launch brought new possibilities for blockchain interoperability and Web3 development.

Important Milestones

• 2020: Launched as Anyswap, focusing on cross-chain interactions.
• 2021: Rebranded to Multichain, expanding its scope and capabilities.
• 2022: Price reached an all-time high of $33.64 on January 14.
• 2025: Continued development and adoption in the Web3 ecosystem.

Supported by its community and development team, Multichain continues to optimize its technology, security, and real-world applications in cross-chain communication.

How Does Multichain Work?

Decentralized Control

Multichain operates on a decentralized network of computers (nodes) worldwide, free from control by any single entity. These nodes collaborate to validate cross-chain transactions, ensuring system transparency and attack resistance, thus empowering users with greater autonomy and enhancing network resilience.

Blockchain Core

Multichain's infrastructure serves as a public, immutable digital ledger for recording cross-chain interactions. Transactions are grouped into blocks and linked through cryptographic hashes, forming a secure chain. Anyone can view the records, establishing trust without intermediaries. Multichain's unique cross-chain routing technology enhances performance and interoperability between different blockchains.

Ensuring Fairness

Multichain utilizes a consensus mechanism to validate cross-chain transactions and prevent fraudulent activities. Participants maintain network security through various activities and are rewarded with MULTI tokens. Its innovation lies in enabling seamless communication between different blockchain networks.

Secure Transactions

Multichain employs public-private key cryptography to secure transactions:

• Private keys (like secret passwords) are used to sign transactions
• Public keys (like account numbers) are used to verify ownership

This mechanism ensures fund security while maintaining transaction privacy. Multichain's cross-chain routing protocols add an extra layer of security for inter-blockchain transactions.

MULTI's Market Performance

Circulation Overview

As of November 22, 2025, MULTI's circulating supply is 14,541,093.5633 tokens, with a total supply of 100,000,000 tokens.

Price Fluctuations

MULTI reached its all-time high of $33.64 on January 14, 2022.

Its lowest price was $0.093819, recorded on September 2, 2024.

These fluctuations reflect market sentiment, adoption trends, and external factors.

Click to view the current MULTI market price

On-Chain Metrics

• Daily Trading Volume: $9,291.897159 (indicates network activity)
• Active Addresses: 4,151 (reflects user engagement)

Multichain Ecosystem Applications and Partnerships

Core Use Cases

Multichain's ecosystem supports various applications:

• Cross-chain Interoperability: Facilitating seamless asset transfers and communication between different blockchains.
• DeFi: Enabling cross-chain liquidity and yield farming opportunities across multiple networks.

Strategic Collaborations

Multichain has established partnerships with various blockchain networks to enhance its cross-chain capabilities and expand its ecosystem reach.

Controversies and Challenges

Multichain faces the following challenges:

• Technical Hurdles: Ensuring security and efficiency in cross-chain transactions.
• Regulatory Risks: Navigating the complex regulatory landscape of cross-chain operations.
• Competitive Pressure: Competing with other cross-chain solutions in the market.

These issues have sparked discussions within the community and market, driving Multichain's continuous innovation.

Multichain Community and Social Media Atmosphere

Fan Enthusiasm

Multichain's community shows engagement, with active participation in cross-chain transactions and governance. On X, posts and hashtags related to Multichain gain traction, especially during significant updates or partnerships announcements.

Social Media Sentiment

Sentiment on X is mixed:

• Supporters praise Multichain's cross-chain capabilities and its role in enhancing blockchain interoperability.
• Critics focus on potential security risks and the complexity of cross-chain operations.

Recent trends show increased interest in cross-chain solutions, benefiting Multichain's perception.

Trending Topics

X users discuss Multichain's role in facilitating cross-chain transactions, its security measures, and its impact on the broader blockchain ecosystem.

More Information Sources for Multichain

• Official Website: Visit Multichain's official website for features, use cases, and latest updates.
• Documentation: Multichain docs provide detailed technical information and guides.
• X Updates: On X, Multichain uses @MultichainOrg, covering topics such as technical upgrades, community events, and partnership news.

Multichain Future Roadmap

• Ecosystem Goals: Expand support for more blockchain networks and enhance cross-chain functionality.
• Long-term Vision: Become the leading cross-chain infrastructure in the Web3 space.

How to Participate in Multichain?

1. Purchase Channels: Buy MULTI on Gate.com
2. Storage Solutions: Use Web3 wallets compatible with Multichain
3. Participate in Governance: Engage in community decisions through the MULTI token
4. Build on Ecosystem: Visit Multichain's developer documentation to integrate cross-chain functionality

Summary

Multichain is redefining blockchain interoperability, offering seamless cross-chain transactions and communication. Its active community, comprehensive resources, and strong market presence make it stand out in the cryptocurrency space. Despite challenges like regulatory uncertainties and technical complexities, Multichain's innovative spirit and clear roadmap position it as a key player in the future of decentralized technologies. Whether you're a newcomer or an experienced user, Multichain is worth watching and engaging with.

FAQ

What does multi meaning mean?

Multi means multiple or many. In crypto, it often refers to multi-chain or multi-asset capabilities, enabling interoperability across different blockchains or support for various digital assets.

Does multi mean 3 or more?

Not necessarily. In the context of MULTI, it typically refers to multiple assets or functionalities, which can be two or more, not strictly three or more.

What is multi-use for?

MULTI is used for governance, staking, and accessing premium features in the Multichain ecosystem, enhancing cross-chain interoperability and DeFi capabilities.

What is a multi in rap?

In rap, a 'multi' refers to a complex rhyme scheme where multiple syllables rhyme in succession, showcasing advanced wordplay and lyrical skill.