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Home»Altcoins»Ethereum Altcoin explodes 68% after the second largest Corpto exchange in Korea announces commercial support
Altcoins

Ethereum Altcoin explodes 68% after the second largest Corpto exchange in Korea announces commercial support

March 23, 2025No Comments2 Mins Read
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Altcoin based on Ethereum (ETH) soar after obtaining the support of the second largest exchange in South Korea.

In a new announcement, the Crypto Bithumb trading platform said it is now taking care of the transverse interoperable bridge through the protocol (ACX), triggering rallies for digital assets.

The news of the event caused an increase in ACX, because it went from a lower March 21 of $ 0.275 to a peak of $ 0.462 a few hours later, an increase of almost 68%. He has since retraced and negotiated at $ 0.319 at the time of the editorial staff, a gain of 10% in the last 24 hours.

In his white paper, through the protocol says that this is the only transverse platform fueled by intentions.

Explains through the protocol,

“The intentions introduce a third party, a relay (alternatively named filling, or solver), which quickly makes assets / execution of user transactions. An intention is a type of order where a user specifies a result instead of an execution path.

In practice, intentions manifest as a combination of an order of cross limit and an action to be executed, all coded in a standardized structure. The relays compete on the cost and speed to fulfill these orders, which may include actions on the chain as well as assets. The relays deliver very quickly, without any message.

From the user’s point of view, interoperability is resolved. Their desired result is achieved. »»

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Warning: Opinions expressed at Daily Hodl are not investment advice. Investors should make their reasonable diligence before making high-risk investments in bitcoin, cryptocurrency or digital assets. Please note that your transfers and trades are at your own risk and that all the losses you may undergo are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, and the Daily Hodl is an investment advisor. Please note that the Daily Hodl is participating in affiliation marketing.

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