ARPA (ARPA) 24-hour pump 15.12%

Gate News Bot news, on August 28, according to CoinMarketCap data, as of the time of writing, ARPA (ARPA) is currently priced at $0.03, with a rise of 15.12% in the last 24 hours, reaching a high of $0.03 and a low of $0.02. The current market capitalization is approximately $39.2 million, an increase of $5.15 million compared to yesterday.

Important news about ARPA recently:

1️⃣ ARPA’s Randcast is now live on the BNB Smart Chain The Randcast system of the ARPA network has been successfully deployed on the BNB Smart Chain. This initiative will bring verifiable randomness to the BNB ecosystem, which is expected to enhance the security and fairness of on-chain applications, especially in areas such as gaming, lotteries, and NFT minting. The launch of this feature may have increased market confidence in the practicality of ARPA.

2️⃣ Establish a strategic partnership with CARV The ARPA network has partnered with the decentralized identity platform CARV to promote the development of the decentralized security field. This collaboration will integrate ARPA’s privacy computing technology with CARV’s identity solutions, aiming to bring stronger security guarantees and identity verification mechanisms to the Web3 ecosystem, thereby enhancing ARPA’s position in the industry.

3️⃣ EigenLayer AVS native re-staking rewards are coming soon ARPA, as one of the active validator services (AVS) of EigenLayer, will launch a native re-staking reward program in September. The implementation of this program is expected to attract more users to participate in ARPA network’s staking activities, which may increase the demand for tokens and the value locked, thus providing support for the price.

From a technical perspective, the price of ARPA has broken through previous resistance levels, showing a strong rise momentum. The positive developments in the fundamentals and the technical breakout complement each other, providing strong support for ARPA’s short-term performance.

This message does not constitute investment advice, and investors should be aware of market volatility risks.