Crypto News

VIRTUAL Token Surges 9% Amid Solana Listing and Meteora LP Launch

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In a strategic collaboration, Virtuals Protocol integrates with the Solana network, launching the VIRTUAL token on the platform. In addition to the VIRTUAL token trading on Solana, the team has bridged with the blockchain, launching its official liquidity pool on Meteora.

Notably, Virtuals Protocol’s expansion into the blockchain marks a significant milestone, unlocking innovative trading opportunities. By merging its AI capabilities with a secure blockchain platform renowned for scalability and speed, Virtuals Protocol revolutionizes AI-blockchain integration.

Virtuals Protocol Launches VIRTUAL Token on Solana

In an X post, Virtuals Protocol, a pioneering platform for co-owning AI agents, announced that its native VIRTUAL token is now live on the Solana blockchain. The platform also unveiled the launch of its official liquidity pool on Meteora, the blockchain’s decentralized finance (DeFi) project.

Providing accurate details of the VIRTUAL token listing on Solana, Virtuals Protocol stated, “In preparation for Virtuals Protocol Solana launchpad, we have successfully bridged to Solana and $VIRTUAL is now tradeable on Meteora.” Ahead of the launchpad’s imminent debut, traders can seamlessly bridge VIRTUAL tokens between Base and Solana via the Stargate bridge, unlocking enhanced cross-chain interoperability.

Further cautioning against illegal actors, the platform alerted, “Please be cautious of fake tickers and always verify the contract address before trading.”

The Virtuals Protocol-Solana Integration Explained

In a January 25 announcement, Virtuals Protocol revealed its integration with Solana, fueling innovation in both AI and blockchain spheres. This integration will boost ecosystem growth, attract new users and developers, and improve scalability.

Virtuals Protocol’s expansion to Solana underscores its dedication to a multichain approach, expanding decentralized capabilities and unlocking increased value for its community. Highlighting Solana’s potential, the platform cited, “Solana, known for its speed, scalability, and vibrant community, is the perfect place for us to grow and bring our vision to life.”

Whale Moves and Trading Expansion: A Closer Look

Virtual Protocol’s VIRTUAL token has seen major whale activities and exchange listings, significantly boosting its market value. A whale who accumulated 4.88 million VIRTUAL tokens ($9.86 million), sold them yesterday at a loss of $4.46 million. As per an X post shared by Onchain Lens, the tokens bought 13 days ago were sold for $5.39 million.

It is noteworthy that VIRTUAL’s listing on Solana comes following its launch on Upbit. The South Korean crypto exchange announced its support for VIRTUAL with the trading pairs in KRW, BTC, and USDT.

How VIRTUAL Token Reacts To Solana Extension?

In response to the recent Solana launch, the VIRTUAL token has surged nearly 9% over the last 24 hours. Priced at $1.22, the token has experienced significant losses of 16.90% and 58.55% over the last week and month, respectively.

The daily uptick is further bolstered by the token’s market movement, as evidenced by a 32% increase in 24-hour trading volume. As of now, VIRTUAL boasts a trading volume of $146.77 million and a market capitalization of $793.69 million.

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Nynu V Jamal

Nynu V Jamal is a Senior Journalist at CoinGape. She boasts more than 3 years of experience in content writing, with expertise in crypto and blockchain. She has contributed to platforms like CoinEdition and CryptoTale, demonstrating her proficiency in navigating the dynamic crypto landscape. Beyond her journalistic pursuits, Nynu is a literary enthusiast, having served as an Assistant Professor of English Language and Literature. She is a Master's degree holder in English Literature and a UGC NET qualifier. Her academic background has enabled her to publish research papers on literature, while also nurturing her creative side as a published poet. Her creative side extends to music, crafts, and art, which she actively explores. Her unique blend of analytical and creative skills allows her to craft engaging stories that captivate audiences. Stay updated with Nynu on LinkedIn

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