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COINTURK NEWS > Altcoin News > Orbs Celebrates Milestones with THENA Partnership in Blockchain Infrastructure
Altcoin NewsCryptocurrency News

Orbs Celebrates Milestones with THENA Partnership in Blockchain Infrastructure

In Brief

  • Orbs and THENA partnership enhances blockchain infrastructure and DeFi innovation.

  • THENA experiences significant price fluctuations following Binance listing.

  • ORBS shows stable growth despite challenges in the marketplace.

Fatih Uçar
Fatih Uçar 5 months ago
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Orbs, a leading layer-3 blockchain infrastructure provider, celebrates significant milestones achieved through its strategic partnership with THENA. The listing of THENA on Binance, the largest cryptocurrency exchange, marks a major success for this collaboration. Orbs’ investment and technical expertise supported this process, allowing the company to broaden its services and attract a larger user base, thereby boosting innovation within the decentralized finance sector.

Contents
Orbs and THENA Partnership Fuels DeFi InnovationHow Are Market Performances?

Orbs and THENA Partnership Fuels DeFi Innovation

Through its collaboration with THENA, Orbs has fortified its position as a blockchain infrastructure provider. Launched in March 2023, this partnership has been bolstered by Orbs’ strategic investments, advanced Layer-3 trading technologies, and targeted market expansion efforts.

This synergy has led to the introduction of advanced features such as dTWAP, dLIMIT, and Liquidity Hub. These features enhance trading efficiency while strengthening liquidity management. Furthermore, the launch of the Perpetual Hub has enabled leveraged trading by reducing collateral requirements, positioning THENA prominently in the DeFi landscape.

How Are Market Performances?

THENA’s price currently stands at $2.70, having experienced an 8% decline in the past 24 hours. However, following the announcement of its listing on Binance, the token saw a remarkable increase of 1,200% within the week. The daily high and low prices ranged between $3.13 and $2.66, respectively, with THENA’s market capitalization reaching $212 million and a trading volume of $452 million, reflecting growing investor interest.

Conversely, ORBS is trading at $0.037 and has registered a 12% increase over the past week and an 18% rise in the last month. This demonstrates Orbs’ stable growth despite being delisted during a routine review by Binance. With a market value of $118 million and a trading volume of $43 million, ORBS indicates a sustained demand for the layer-3 blockchain project.

These varied performances highlight the immediate impact of THENA’s Binance listing and Orbs’ sustainable growth trend as a blockchain infrastructure provider. Both tokens exhibit strong market activity driven by expanding ecosystems and technological advancements.

This partnership illustrates how forward-looking technology and financial backing can redefine blockchain innovation. It showcases the potential of next-generation infrastructure to transform DeFi ecosystems.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Fatih Uçar 30 November, 2024 - 7:14 pm 30 November, 2024 - 7:14 pm
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