THENA (THE) Listing By Binance Marks Key Milestones for Orbs

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As a researcher with years of experience in the blockchain industry, I’ve seen my fair share of partnerships and their impact on the market. The collaboration between Orbs and THENA is undoubtedly one of the most exciting developments I’ve witnessed this year.

Orbs, a prominent provider of layer-3 blockchain infrastructure, is rejoicing over significant accomplishments following its strategic alliance with THENA. The listing of THENA on the largest cryptocurrency exchange, Binance, represents a crucial step in this partnership, bolstered by Orbs’ investment and technical knowledge. This has led to an expansion of services, drawing in a wider user community and fostering advancements in decentralized finance.

Orbs and THENA Partnership Drives Innovation in DeFi

According to a recent announcement by Orbs, they have bolstered their status as a prominent blockchain infrastructure provider by teaming up with THENA, a decentralized exchange operating on the BNB Chain. This collaboration, which started in March 2023, involves Orbs providing strategic investments, sophisticated Layer-3 trading technologies, and targeted market growth initiatives to help THENA thrive.

This collaboration has added sophisticated tools such as dTWAP, dLIMIT, and Liquidity Hub, significantly improving trade effectiveness and liquidity control. The addition of Perpetual Hub allowed for leveraged trading with lower collateral demands, making THENA stand out in the Decentralized Finance (DeFi) sector. A $600,000 investment also contributed to speeding up its development plan and improving long-term growth.

A major milestone in their endeavors was THENA getting listed on the prominent cryptocurrency exchange Binance. This was followed by an airdrop campaign that generated considerable user attention, boosting the platform’s visibility and usage. These developments underscore the significance of their partnership in transforming decentralized finance and on-chain trading landscapes.

This collaboration demonstrates that combining innovative technology and financial resources can revolutionize blockchain development, highlighting the possibilities of future-focused infrastructure in reshaping decentralized finance landscapes.

How Are the Tokens Performing in the Market?

Currently, THENA’s price stands at $2.70, representing an 8% decrease over the last 24 hours. Yet, in the past week, there has been a significant increase of 1,200% following the announcement of its listing on Binance. The token’s price fluctuated between a daily high of $3.13 and a low of $2.661. With a market capitalization of $212 million and a trading volume of $452 million, this suggests a surge in investor attention towards THENA.

Conversely, ORBS‘s price stands at $0.037 at present, with a 24-hour fluctuation between $0.033 and $0.03789. Over the past week, it has seen a rise of 12%, and over the last month, that figure increases to 18%. Despite Binance removing ORBS during a regular assessment, its growth remains robust. ORBS boasts a market capitalization of $118 million and a daily trading volume of $43 million, demonstrating ongoing interest in this Layer-3 blockchain project.

The starkly different exhibitions of THENA and Orbs clearly showcase the immediate influence THENA experienced after being listed on Binance, contrasted with Orbs’ consistent growth path as a blockchain infrastructure supplier. Both digital assets exhibit robust market activity, fueled by their expanding ecosystems and technological innovations.

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2024-11-30 14:09