Decentralized exchange Ordiswap has seen its native token ORDS surge over 10% in price after launching an upgraded version of its platform.
What you'll learn 👉
New Platform Features
Ordiswap announced the launch of Version 2 of its platform on the Bitcoin Rootstock mainnet. Consequently, Ordiswap now supports trading pairs such as BTC/ORDI and BTC/SATS.
Additionally, the upgraded platform introduces staking for the ORDS token, allowing users to earn rewards. Ordiswap also revealed plans to roll out new features soon including a Layer-2 scaling solution called Ordilayer, an overcollateralized stablecoin called BTSD, and a BRC-20 launchpad dubbed Ordipad.
Market Reaction
The crypto market has reacted positively to the Ordiswap upgrade and roadmap. At the time of writing, ORDS is trading at $0.218768, up 13.56% in the last 24 hours on volume of $27,411,139.
Several crypto influencers have also voiced bullish outlooks on Ordiswap’s new version. For example, crypto analyst Dona offered an upbeat forecast for Ordiswap’s future potential following the Version 2 launch. “We haven’t seen that monstrous Daily candle just yet,” they tweeted, arguing the platform’s full price impact is still unfolding.
Dona went on to boldly predict ORDS reaching $1 soon, claiming “I think soon we teleport to $1 and I’m not even joking.” Such an aggressive 500% increase from current prices signals immense confidence that the upgrade will dramatically elevate trading volumes and coin value.
Meanwhile, echoing this sentiment, trading firm BSR (@BehnasE) stated that ORDS is “already bouncing back and close to ATH,” referencing its all-time high. In a follow-up tweet, BSR doubled down on its bullish stance, projecting a rise to $0.4 for ORDS.
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Show more +The Verdict
Ordiswap’s major platform upgrade, with more features set to launch soon, has renewed hype and interest around the ORDS token. With the price reaction showing no signs of slowing down, the decentralized exchange seems poised to continue making waves in the crypto sector.
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