ARPA (ARPA) has pumped 21.45% in the last 24 hours.
Gate News Bot news, on October 17, according to CoinMarketCap data, as of the time of writing, ARPA (ARPA) is currently priced at 0.02 USD, with a rise of 21.45% within the last 24 hours, peaking at 0.02 USD and falling to a low of 0.01 USD. The current market capitalization is approximately 36 million USD, an increase of 6.35 million USD compared to yesterday.
ARPA is a secure computing network focused on blockchain-adapted cryptographic technology. The ARPA threshold BLS network can serve as a verifiable random number generator (RNG), secure wallet, cross-chain bridge, decentralized custody, and other infrastructure. This network features decentralization, security, flexibility, verifiability, always online, and blockchain agnosticism. The ARPA network uses an asynchronous non-interactive communication design to generate signatures, ensuring service response and high availability. It also performs parallel computing to achieve higher throughput. The ARPA network is designed to adapt to multiple blockchains, meeting developers' needs in the multiverse.
Important recent news about ARPA:
1️⃣ Technical upgrades improve network performance The ARPA chain has recently completed an important technical upgrade that significantly enhances the network's security and scalability. This upgrade optimizes the performance of ARPA's threshold BLS network, laying a solid foundation for the implementation of more application scenarios. The market has responded positively, driving the rise in ARPA's price.
2️⃣ Strategic Cooperation to Expand Application Ecosystem The ARPA project team has reached strategic partnerships with several well-known blockchain projects, which will promote the application expansion of ARPA in decentralized finance ( DeFi ) and cross-chain fields. The market expects this to bring more use cases and user rise for ARPA, thereby supporting its price performance.
3️⃣ Community Governance Optimized Token Economic Model The ARPA community has passed an important governance proposal aimed at optimizing the token economic model, including adjusting the inflation rate and introducing new token incentive mechanisms. This decision is seen as beneficial for the long-term value rise of ARPA, triggering a positive response from investors.
From a technical perspective, ARPA has broken through previous resistance levels and is currently in an upward channel. In the short term, it may face some pullback pressure, but the overall trend remains positive. On the fundamental side, with the addition of more partners and the expansion of application scenarios, ARPA's ecosystem is continuously improving, providing a solid foundation for its long-term development.
This message is not intended as investment advice; investors should be aware of the risks of market fluctuations.