The Arena, a popular social protocol within the Avalanche (AVAX) ecosystem, has announced the postponement of the ARENA coin launch. The launch date has been rescheduled to October 29 due to necessary infrastructure adjustments stemming from overwhelming demand on the platform. Initially planned for the first half of October, this is the second delay for the highly anticipated launch.
Coin Launch Delayed Due to High Demand
The Arena reported that thousands of new users joined the platform and tens of thousands of transactions occurred in the past week. An official statement from the platform indicated that this high demand necessitated the optimization of the application’s infrastructure. This step aims to prevent potential issues that coin holders might face during the coin request process.
Until the launch on October 29, the platform will continue the Uprising event and share new announcements.
The release of the ARENA coin has generated significant interest among social projects within the Avalanche ecosystem. During this process, The Arena reached out to the community, stating, “Gladiators, the moment you’ve been waiting for has arrived. Now is our time.”
Arena Uprising Event Continues
The Arena Uprising event, which will continue until the ARENA coin launch, holds significant importance for the community. This event plays a critical role in keeping track of the latest developments leading up to the launch and preparing the community for the event. The Arena has announced that it will offer new announcements and opportunities for ARENA coin holders during this period.
Currently, the ARENA coin launch date is set for October 29 due to high demand. It remains uncertain whether there will be another delay. The platform added that it aims to maintain communication with the community during this time, completing infrastructure improvements to ensure a successful coin launch.