17 Sep ABEY is one of the world’s rapidly-growing blockchains, with 20,000 new addresses added per week.
Since the beginning of August 2021, ABEY has added an average of 20,000 active ABEY 2.0 addresses per week, making it one of the world’s fastest-growing blockchains and capping off an exceptional week that included the ABEY token being listed on Liquid Global, a leading international cryptocurrency exchange.
According to the developers, this surge began around the time of the first airdrop of XT, XSWAP’s native token, on August 17th.
This comes after the announcement that ABEY token, the native token of ABEYCHAIN, a third-generation blockchain platform, has been listed on major cryptocurrency exchange Liquid Global.
A major milestone for ABEY
This development represents the rapid growth of the ABEY ecosystem and will expose the token to a larger number of people around the world. 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.
In 2021, the exchange also recorded an all-time trading volume of $1.1 billion. ABEY token will be available to over 800,000 users in over 100 countries as a result of this listing. Holders of the token can trade, exchange, and speculate in a secure and controlled environment.
ABEY coin is on pace to continue its upward price trajectory with this new listing, as it obtains exposure to Liquid’s enormous user base. The rapid expansion of the ABEYCHAIN ecosystem also contributes to this increase.
A blockchain ecosystem for the next generation
With over 100,000 users, ABEYCHAIN is one of the world’s fastest growing blockchain networks. It’s a third-generation public blockchain that uses a hybrid consensus approach to address issues like scalability, decentralisation, and efficiency.
ABEYCHAIN users may expect lightning-fast transactions, cross-chain interoperability, and a rapidly increasing ecosystem of decentralised applications (dApps). With a blockchain architecture capable of 10,000 TPS, it is also perfect for developers to construct applications.
Furthermore, ABEYCHAIN allows for the easy transfer and processing of a variety of high-quality cryptocurrency assets from other blockchains.
Its ecosystem comprises a diverse set of products aimed at providing excellent value to users. XSwap is a decentralized exchange that allows users to exchange assets that are supported. ABEYCHAIN created crypto assets can be posted on the exchange and traded for other assets at no additional cost, making it far superior to other crypto possibilities.
The DEX also includes complex trading tools as well as DeFi goods such as yield farming, staking, lending, and more.
The native stablecoin of ABEYCHAIN is called a cash Token (ACT). The stablecoin has a unique mining mechanism and is tied 1:1 to the USDT. When consumers buy ACT, it is mined, and when it is transferred to other crypto-assets, it is burned. This mechanism guarantees that the peg is kept in place.
Another feature of ABEYCHAIN Network is its decentralized storage system that provides customers with high-quality data storage. Storage miners are rewarded with the AST (ABEY Storage Token), a unique token that can be exchanged for Filecoin at a 1:1 ratio.
The ABEYCHAIN 2.0 NFT marketplace appeals to NFT fans and provides a platform for people to learn more about the industry. Artists can also advertise their NFT works for exposure and auction their collections.
Expected Developments In Future
The ABEYCHAIN Foundation promotes the development, governance, and study of blockchain technology. More goods are in the pipeline, according to the group. Additionally, the ABEY token will be offered on more exchanges in order to increase token usage.