NFT project Bored Ape Yacht Club's Web3 company Yuga Labs has recently officially launched ApeChain, an Ethereum-based Layer 2 blockchain. To directly and comprehensively improve the user experience, Yuga Labs has also launched the ApeChain cross-chain bridge Ape Portal, allowing users to easily achieve cross-chain transactions.
Yuga Labs' launch this time is not limited to the launch of ApeChain, but also includes a strategic collaboration with Wire Network, a general infrastructure designed for the AI agent economy. This collaboration aims to explore new possibilities for AI agents to represent humans in performing complex tasks, which will provide more tools for creators to interact with their fans more efficiently and commercially:
By combining our scalable next-generation blockchain infrastructure with Yuga's creative and cultural influence, we are opening up new possibilities for AI agent interactions.
Over 480,000 transactions within 12 hours of launch, token price soared 80% in a single day
According to data provided by the ApeChain explorer, ApeChain has completed over 480,000 transactions within 12 hours of launch, with a cumulative transaction volume of over $25 million, attracting a large amount of community attention in a short period of time.
To seize the meme coin craze in the market, ApeChain quickly launched Ape Express, a one-click token issuance platform supported by ApeCoin. The official stated on X that Ape Express is seen as the "on-chain version of pump.fun on ApeChain", with the purpose of allowing users to issue a Meme coin in one minute, greatly simplifying the token issuance process and lowering the threshold.
As attention gradually returns to Yuga Labs, its tokens have been sought after by the market in the past 24 hours, with the price rising significantly, with an increase of over 80%.
NFTs also rebounded! BAYC up nearly 10%
With a comprehensive ecosystem strategy, according to the latest market data provided by Blur, the floor prices of Yuga Labs' NFT series have shown significant rebounds in the past 24 hours, with increased market demand.
Performance of floor prices:
- Bored Ape Yacht Club (BAYC) floor price currently stands at 12.85 ETH, up 13.52% in the past 24 hours.
- Mutant Ape Yacht Club (MAYC) floor price is currently 2.14 ETH, up 18.4% in the past 24 hours.
- Bored Ape Kennel Club (BAKC) floor price reached 0.38 ETH, up 24.35% in the past 24 hours.
- Otherside Koda floor price is currently 0.99 ETH, up 23.91% in the past 24 hours.
These data indicate that the market enthusiasm for Yuga Labs' NFT series has rebounded, and with the launch of ApeChain and other new features, the community and investors have regained interest in the brand's ecosystem. How long the Ape craze can last, BlockTempo will continue to observe with our readers.
