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ABEY Ecosystem Quadrupled in Last Month
ABEY has recently confirmed that an average of 20,000 active ABEY 2.0 addresses have been added to the network each week – making it one of the fastest growing blockchains.
ABEY developers say there are more than 120,000 active ABEY 2.0 addresses today, compared to about 30,000 addresses at the beginning of August. According to ABEY develops, this growth began around the first airdrop of XT, the native token of XSWAP, which occurred on the 17th of August.
The XT Token is a governance token that was distributed to users through liquidity mining on the platform. The second airdrop of XT was completed on September 9, 2021, and was only available to those who didn’t participate in the first airdrop to attract new users and encourage organic growth.
ABEY on Liquid Global
ABEY token, the native token of ABEYCHAIN, is now available to trade on Japan based cryptocurrency exchange Liquid Global, one of the most popular trading platforms available. The listing on Liquid not only improves the token’s liquidity, but also further bolsters its ecosystem’s growth.
ABEY was originally listed on the ZBX.one exchange last year at a price of around $0.6. Since its listing, the price has surged to surpass the $2.50 amid a wider cryptocurrency market rally.
The liquidity of ABEY will be bolstered by the token listing on Liquid as it will be accessible by their massive user base. As one of the world’s leading cryptocurrency-to-fiat exchanges, Liquid Global creates an easy on-ramp for users to ABEYCHAIN and the crypto world as a whole.
What Is ABEYCHAIN?
ABEYCHAIN is the first fully operational, third generation public blockchain to solve one of the most pressing challenges in the public chain space: the ability to simultaneously achieve high levels of decentralization, security and efficiency – a conundrum which is commonly known as the “Impossible Triangle.”
Not only has ABEYCHAIN created an ecosystem for developers to create fully scalable smart contract-based solutions, but it has also solved the blockchain trilemma. Abey’s blockchain relies on a hybrid consensus that consists of the Delegated Proof-of-Stake (DPoS) and Proof-of-work (PoW) algorithms. Through them, ABEYCHAIN ensures scalability to process a high volume of transactions while maintaining its decentralization.
Any developer, individual, or community can easily take advantage of the network’s low transactions fees and high performance to create new decentralized applications (DApps) that can democratize access to financial services and more.
Not only does ABEY ensure scalability and decentralization, but it also consists of a number of dApps, including the popular XSwap DEX and the aCash (ACT) stablecoin which is paired 1:1 with USDT. Furthermore, ABEYCHAIN also features a dedicated NFT marketplace, the ABEYCHAIN Storage Network, which provides high-quality data storage using a novel layer built within the IPFS network, and the ABEY Marketplace, where decentralized applications can be showcased, bought, and sold.
The ABEY foundation supports the network, contributing to governance, research and guidance whilst helping to maintain the integrity of the technology supporting the network. A bonus of ABEYCHAIN is its ability to process up to 10,000 transactions per second.
Liquid Global’s Reach
Liquid Global is widely considered to be a top cryptocurrency exchange and is onsistently ranked among the top 10 and 20 regulated cryptocurrencies exchanges throughout the world. It also has deep liquidity in a plethora of pairs, with some of the deepest liquidity available on the market for the BTC/JPY pair.
Liquid Global was founded back in 2014 and is focused on providing a great user experience and world-class services. It’s an institutional-grade exchange that caters to the needs of both consumers and blockchain projects.
As an exchange, Liquid currently has over 800,000 customers in more than 100 countries – to top this off, it has over 80 token pairs listed. Recently, Liquid’s trading volume hit a new all-time high of more than $1.1 billion as the wider cryptocurrency market continues to grow!
Achieving a Liquid Global listing is a new milestone for the ABEY Foundation, which helps the ABEY token become more accessible and easier to acquire for people throughout the world.
The ABEYCHAIN has been continuously growing and expanding over the last few months. It has over 150,000 users taking advantage of its ecosystem, which allows for top cryptoassets to be seamlessly transferred from other blockchains onto its network.
In the future, ABEYCHAIN plans to continue to drive innovation to better serve its users while ensuring more people worldwide have access to the ABEY token and decentralized applications.To learn more about the ABEYCHAIN blockchain, visit its website at http://www.abey.com
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