Lava Network Secures Listings on Major Exchanges, LAVA Token Jumps 7%
The Lava Network's native token, LAVA, has been listed on major exchanges such as ByBit, KuCoin, MEXC, and Gate.io. This is expected to improve accessibility and attract more investors.
- More LAVA listings are anticipated soon.
- A "token burn" dashboard has been introduced for transparency in managing LAVA’s fixed supply.
- Lava Network enhances blockchain Remote Procedure Calls (RPC) through a user-owned distributed network.
- The network has processed over 100 billion transactions and serves over 1 million users daily across more than 40 chains.
- Lava secured $26 million in funding in 2024 and successfully launched its mainnet.
- 70.4% of LAVA’s total supply is locked; circulating supply is 277.08 million tokens, with 14.68 million burned.
Following the exchange listings, LAVA has surged 7% in the last 24 hours, trading at $0.1688, with a market capitalization of $39.88 million and a trading volume of $8.02 million, which increased by 490%. Since its launch in late August, LAVA has grown by 121%.