Ethereum season is here, with money pouring into the second largest cryptocurrency Ethereum (ETH). For those looking to capitalize on the Ethereum boom, crypto analyst AlΞx Wacy has discovered a hidden gem that could double our profits – the Rango decentralized exchange and its yet-to-be-released token.
With the recent approval of a Bitcoin exchange-traded fund (ETF), the crypto market is anticipating similar approval for an Ethereum ETF. This regulatory green light is funneling investments into Ethereum, lifting prices across its expansive ecosystem.
Over the past year, ETH has lagged the broader crypto market, prompting users to spread liquidity across various layer 1 and 2 chains. Recognizing the need to consolidate liquidity back into Ethereum, AlΞx evaluated decentralized bridges and chose Rango Exchange as the optimal platform offering additional perks.
What you'll learn 👉
Rango Exchange Supports 50+ Blockchains
Rango operates as a decentralized finance (DeFi) hub, aggregating over 100 DEXs and supporting swaps across 50+ blockchains – including Ethereum, competing EVM compatibles, Solana, Bitcoin, Cosmos, and upcoming chains like StarkNet.
With over $2 billion in trading volume, Rango sources the best rates and most cost-efficient transaction routes across platforms. This gives users access to the entire crypto ecosystem from a single entry point.
Beyond Ethereum, Rango enables swaps on ZKSync, Polygon zkEVM, Base Layer, StarkNet, and LayerZero’s cross-chain messaging protocol. Trading on these next-generation networks makes users eligible for upcoming airdrops as these projects look to bootstrap liquidity and users.
Rango Set to Launch Native Token in 2024
Additionally, there are rumors that Rango will launch its own native token, RANGO, in 2024. The project has indicated 5% of the total supply will be allocated to the community as an incentive to drive early adoption. Executing trades and bridges on Rango may qualify users for RANGO airdrop eligibility.
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Show more +There are also RANGO multiplier campaigns that users can participate in to increase potential token earnings. This includes quests on platforms like StarkNet and LayerZero.
As AlΞx summarizes, Rango represents a leading decentralized exchange aggregator and a prime gateway to the Ethereum ecosystem and broader crypto market. With native token rewards on the horizon, it may prove to be both a practical and lucrative choice during this Ethereum season.
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