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Horizen Labs, Offchain Labs, and Arbitrum Foundation Develop Apechain


by CoinEdition
Horizen_Labs,_Offchain_Labs,_and_Arbitrum_Foundation_Develop_Apechain
  • Horizen Labs, Offchain Labs, and the Arbitrum Foundation have initiated the development of a dedicated blockchain, Apechain.
  • Apechain will utilize APE as its utility and gas tokens, fostering the expansion of the token’s reach.
  • The platforms shared their enthusiasm for the new development while the community accepted the proposal.

In a bid to expand the utility and reach of APE coin, Horizen Labs, Offchain Labs, and the Arbitrum Foundation have initiated the development of a dedicated blockchain, Apechain. In a recent revelation, the blockchain platform, Offchain Labs, unearthed the community’s acceptance of the Apechain development proposal, indicated by a more than 50% support rate.

In December 2023, Apechain put forward a proposal to develop Apechain using Arbitrum, with the web3 development company Horizen Labs assisting. The Propos…

The post Horizen Labs, Offchain Labs, and Arbitrum Foundation Develop Apechain appeared first on Coin Edition.

Read the article at CoinEdition

Read More

XRP Momentum Check: Is Sustained Upside Ahead or a Bearish Takeover Looming?

XRP Momentum Check: Is Sustained Upside Ahead or a Bearish Takeover Looming?

The trading day began with a brief spike in the market cap, which made all the major ...
138% Volume Burst: Will DOGE Bulls Break Through the Resistance Wall or Fizzle Out?

138% Volume Burst: Will DOGE Bulls Break Through the Resistance Wall or Fizzle Out?

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Horizen Labs, Offchain Labs, and Arbitrum Foundation Develop Apechain


by CoinEdition
Horizen_Labs,_Offchain_Labs,_and_Arbitrum_Foundation_Develop_Apechain
  • Horizen Labs, Offchain Labs, and the Arbitrum Foundation have initiated the development of a dedicated blockchain, Apechain.
  • Apechain will utilize APE as its utility and gas tokens, fostering the expansion of the token’s reach.
  • The platforms shared their enthusiasm for the new development while the community accepted the proposal.

In a bid to expand the utility and reach of APE coin, Horizen Labs, Offchain Labs, and the Arbitrum Foundation have initiated the development of a dedicated blockchain, Apechain. In a recent revelation, the blockchain platform, Offchain Labs, unearthed the community’s acceptance of the Apechain development proposal, indicated by a more than 50% support rate.

In December 2023, Apechain put forward a proposal to develop Apechain using Arbitrum, with the web3 development company Horizen Labs assisting. The Propos…

The post Horizen Labs, Offchain Labs, and Arbitrum Foundation Develop Apechain appeared first on Coin Edition.

Read the article at CoinEdition

Read More

XRP Momentum Check: Is Sustained Upside Ahead or a Bearish Takeover Looming?

XRP Momentum Check: Is Sustained Upside Ahead or a Bearish Takeover Looming?

The trading day began with a brief spike in the market cap, which made all the major ...
138% Volume Burst: Will DOGE Bulls Break Through the Resistance Wall or Fizzle Out?

138% Volume Burst: Will DOGE Bulls Break Through the Resistance Wall or Fizzle Out?

With the neutral market sentiment, the broader market cap has settled at $3.83 trilli...