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The launch of the Ethernity chain leads to a 23% increase in ERN token prices
An NFT marketplace, Ethernity, has introduced its new Ethernity Chain network, causing a 23% surge in ERN tokens prices from 4.92 to 6.05 in the last 24 hours, with an AI-protected Layer 2 solution on Ethereum.
Introducing Ethernity Chain, an ETH Layer 2 with enhanced AI-powered security, setting new standards for on-chain entertainment. All powered by $ERN
Welcome to the future of entertainment
A thread 🧵[1/8] pic.twitter.com/ezlWYQVUCA
— ETERNITY (@EthernityChain) May 7, 2024
The Layer 2 system targets entertainment brands, making Ethernity Chain the best choice for global Web3 adoption. It presents AI security such as managing digital rights, safeguarding intellectual property and fighting counterfeit trade.
Ethernity Chain’s plug-and-play toolkit helps global brands access the blockchain, enabling seamless IP integration for tokens, collectibles and more. Its eco-friendly design reduces gas fees and supports Ethereum standards, attracting developers.
The price of the ERN token increased by 16%, reaching $6.05, currently trading at $5.51, with a trading volume of $64 million and a market capitalization of $113 million following the reveal of the Layer 2 network. New projects like FanableApp and Exorians will use Ethernity Chain features.
Ethernity’s co-CEO predicts that the move to Level 2 will revolutionize brand-audience interactions via Web3 technology.
The 23% increase in ERN token prices following the launch of Ethernity’s new Ethernity Chain signals a significant positive impact for users, driving greater engagement and opportunities in the Web3 ecosystem.
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