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

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 passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

Source: https://coingape.com/virtual-token-surges-9-amid-solana-listing-and-meteora-lp-launch/