Katana will change this narrative, revamping resource usability. RON’s purpose on KatanaĪxie Infinity accepts the challenging situation its users experience when trying to trade resources acquired in the game. As it progresses, RON, Ronin blockchain‘s native currency, will take over as the core token behind Katana’s transactions. Ethereum‘s sidechain Ronin powers the functionality and security of Katana and Axie Infinity. Additionally, it boasted a market capitalization of over $9 billion and ranked at 23rd position on CoinMarketCap.Īxie users can utilize Katana to trade four digital assets, including WETH, SLP, AXS, and USDC. The Katana DEX unveiling has led to an Axie Infinity value surge by approximately 1.2% within the past 24 hours, reaching $150. Axie Infinity rank is currently causing a stir in the gaming world as one of the best play-to-earn games. This move put into play a rally effect on SLP and AXS tokens, the two coins native to its users. Furthermore, it means reducing costs that Axie users incur resource trade from what they earn from the game. The gaming network is working towards the most prominent trading platform for its in-game products, expanding usability.

The DEX offers users swapping options, staking funds into liquidity pools, and trading fee rewards.Īxie Infinity recently put forth news on its DEX, Katana DEX, built on Ronin.Axie Infinity is proud to present Katana DEX, its decentralized exchange based on Ronin.The move by El Salvador to recognize bitcoin as legal tender - the first nation to do so - is a highly symbolic step towards greater acceptance of the cryptocurrency The biggest gainers in the top 10 include Solana (SOL) which rose 9.77% to $43.68 Dogecoin (DOGE) which rose 5.68% to $0.07072 Polygon (MATIC) which rose 9.17% to $0.9654 and Uninswap (UNI) which rose 7.58% to $8.9 as of 2:57 am ET. Other notable performers include Livepeer (LPT) which rose 55.11% to $13.67 Yearn.Finance (YFI) which rose 21.48% to $9,110 and Bitcoin Standard Hashrate Token (BTCST) which rose 83.39% to $15.05 as of 2:57 am ET. The poor performers include Huobi Token (HT) which rose 0.96% to $4.46 Trust Wallet Token (TWT) which rose 0.29% to $0.9904 Terra Classic USD (USTC) which dropped 0.17% to $0.037 and Braintrust (BTRST) which dropped by 1.18% to $2.08 as of 2.09 am ET. The best performers include Ethereum Classic (ETC) which rose 35.76% to $44.75 Lido DAO (LDO) which rose 7.29% to $2.31 Axie Infinity (AXS) which rose 14.87% to $19.05 The Graph (GRT) which rose 18.54% to $0.13 and Curve Dao Token (CRV) which rose 14.95% to $1.50 as of 2:57 am ET. It is clear that Ether is outperforming the world’s biggest cryptocurrency.Īdditionally, CoinMarketCap data confirmed that ETH rose by more than 3.87% in the last seven days while BTC rose by around 7.87% in the same duration.

The market dominance of BTC dropped to 41.50% while that of ETH rose to 19%. The crypto market on Friday saw leading cryptocurrencies Bitcoin (BTC) and Ether (ETH) surged by 3.9% and 4.77%, respectively, as BTC broke above $24,000 for a short duration while Ether retained $1,700.Īs per data from CoinMarketCap, as of 2:57 am ET, the prices of BTC and ETH tokens were $24,078 and $1,723, respectively.

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