Bitcoin News and Finance
ABEY Is One of the Fastest-Growing Blockchains in the World Adding 20,000 New Addresses Each Week Skip to main content

ABEY Is One of the Fastest-Growing Blockchains in the World Adding 20,000 New Addresses Each Week

This week, ABEY has announced that it has been adding an average of 20,000 active ABEY 2.0 addresses each week since the beginning of August 2021, making it one of the fastest-growing blockchains in the world and finishing an exceptional week that included the ABEY token being listed on Liquid Global, a premier international cryptocurrency exchange.

ABEY developers say there are more than 120,000 active ABEY 2.0 addresses today, quadrupling from 30,000 addresses at the beginning of August.

Developers say this growth began around the first airdrop of XT, the native token of XSWAP on August 17th.

This news follows the confirmation that ABEY token, the native token of third-generation blockchain platform ABEYCHAIN, is now listed on popular cryptocurrency exchange Liquid Global.

Major milestone for ABEY

This development indicates the rapid growth of the ABEY ecosystem and will expose the token to more users globally. Liquid Global is a Japan-based exchange that ranks among the top 20 exchanges based on the daily traded spot volume of BTC/JPAY trading pairs.

The exchange also recently achieved an all-time trading volume of $1.1billion in 2021. With this listing, ABEY token will be accessible to over 800,000 users in more than 100 countries. Holders can trade, exchange, and speculate on the token within a safe and regulated environment.

ABEY token has posed an impressive investment return of over 400% since its first public listing on ZBX.one exchange in 2020. Initially trading for around $0.61, the token is now trading for around $2.50 at the time of publication.

With this new listing, ABEY token is on the right track to continue its upward price trajectory as it gains exposure to Liquid’s massive user base. This growth is also spurred by the fast-rising development of the ABEYCHAIN ecosystem.

A Next-generation blockchain ecosystem

ABEYCHAIN is one of the world’s fastest growing blockchain networks with over 100,000 users. It is a third-generation public blockchain that integrates a hybrid consensus system to resolve scalability, decentralization, and efficiency problems.

ABEYCHAIN users can count on high-speed transactions, cross-chain interoperability, and a growing base of decentralized applications (dApps) within a fast-expanding ecosystem. It is also ideal for developers to build applications with its blockchain architecture able to accommodate 10,000 TPS.

In addition, a variety of high-quality cryptocurrency assets from other blockchains can be seamlessly transferred or processed through ABEYCHAIN without experiencing any significant delays.

Its ecosystem consists of a wide range of products that are designed to ensure great value for users. XSwap is a decentralized exchange that allows users to swap between supported assets. Crypto assets created on ABEYCHAIN can be listed on the exchange and traded for other assets at no extra costs making it significantly better than other options in the crypto market.

In addition, the DEX features advanced trading tools and also integrates DeFi products like yield farming, staking, lending, and more.

ABEYCHAIN also has its native stablecoin called aCash Token (ACT). The stablecoin is pegged 1:1 to the USDT and has a unique mining mechanism. ACT is mined when users purchase the token and burned when it is converted to other crypto-assets. This mechanism ensures that its peg is maintained.

Other features include the ABEYCHAIN Storage Network, a decentralized storage system that delivers high-quality data storage for users. Storage miners are incentivized with its unique token AST (ABEY Storage Token) that can be exchanged for Filecoin at a 1:1 parity.

The ABEYCHAIN 2.0 NFT marketplace appeals to NFT enthusiasts and provides an environment for users to explore the NFT sector. In addition, artists can list their NFT creations for visibility and auction their collections.

More developments in the future

The ABEYCHAIN Foundation fosters the blockchain’s development, governance, and research. The organization has revealed that more products are in the works. In addition, ABEY token will also be listed on more exchanges to ensure greater token adoption.

Apart from Liquid Global, ABEY Token can be traded on www.zbx.com and www.zbx.plus.

To learn more about ABEY blockchain, visit the website at www.abey.com.

This is a sponsored post. Learn how to reach our audience here. Read disclaimer below.

Labels:

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl...
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju...
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and...
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r...
Post a Comment
Read more
Blogarama - Blog Directory