Arbitrum (ARB), Stellar (XLM), and 9 Other Crypto Announcements from the Last 24 Hours That You Can Leverage
The cryptocurrency space moves at breakneck speed, with new developments and announcements emerging constantly. Here are 11 noteworthy events from just the past day that crypto investors may want to keep tabs on, according to insights from @layerggofficial:
- Apecoin DAO’s @ApeAccelerator announced the upcoming @spacenationOL launchpad after a passing snapshot vote. The sale date is still to be revealed.
- The Aptos (APT) team announced a collaboration with Google Cloud amid expectations of revealing new institutional partnerships, per @neilhar_.
- Arkham (ARKM) has set an AIP 1 vote for March 17th, with a proposal that includes support for the Solana blockchain.
- Snapshot voting has begun for Arbitrum’s (ARB) $200 million ARB Gaming proposal.
- PancakeSwap revealed details on its V4 mainnet, which is targeted for a Q3 2023 release.
- Fantom (FTM) has reached 10,000 transactions per second on its new Phantom Sonic mainnet, announced CEO @AndreCronjeTech.
- Gaming blockchain Gala Games announced a new game development studio opening in Santiago, Chile.
- NFPrompt (NFP) disclosed a hacking incident, though user assets are reported to be secure.
- The Threshold Network (T) has teased an upcoming major announcement, suggesting a launch is near.
- AI blockchain project XAI teased a major partnership announcement at the upcoming Game Developers Conference (GDC).
- The Stellar (XLM) team announced the start of Soroban Mainnet Phase 2 is coming soon.
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Show more +With new game launches, protocol upgrades, partnerships, and more, this represents just a small sample of the constant stream of crypto developments to track.
Savvy crypto investors may be able to leverage some of these newsworthy items to their advantage. Major announcements can fuel speculation and drive price momentum for associated tokens. Protocol upgrades improving speed and functionality could boost adoption. New partnerships and integrations can raise the profiles of crypto projects. Keeping a pulse on emerging narratives allows investors to position themselves early before potential rallies take hold.
Of course, the flip side is that the inherent hype in crypto also means buying frenzies often get ahead of reality. Investors would be wise to analyze each event’s fundamentals rather than blindly piling in. As is often the case in this arena, separating signal from noise is key to making informed decisions.
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