In a notable development within the blockchain sector, Vanar, a Layer1 blockchain platform, has revealed a strategic collaboration with the renowned technology powerhouse NVIDIA.
This partnership has triggered a significant upsurge in Vanar’s native token \(VANRY, surging by an impressive 56% in just 24 hours, currently resting at a price of \)0.36.
📢 MAJOR ECOSYSTEM ADOPTION 📢
Vanar is excited to announce the inclusion of NVIDIA in the @VanarChain ecosystem!
By integrating NVIDIA’s cutting-edge infrastructure, all projects affiliated with the Vanar AI, metaverse, and gaming ecosystem will enjoy access to state-of-the-art technology.… pic.twitter.com/HymjrD31hd
— Vanar (@Vanarchain) March 13, 2024
This collaboration with NVIDIA carries promising implications for Vanar’s ecosystem, particularly in the domains of artificial intelligence (AI), metaverse, and gaming. Through the utilization of NVIDIA’s advanced infrastructure, all initiatives under the Vanar ecosystem are primed to access cutting-edge technology, fostering innovation and progress across various sectors.
Backed by NVIDIA and other forthcoming partners, Vanar aspires to cement its position as a frontrunner in AI innovation, further fortifying its standing in the blockchain sphere.
In tandem with the NVIDIA partnership, Vanar witnessed a substantial boost with its incorporation into Binance’s suite of trading offerings. Binance, a key player in the cryptocurrency trading realm, introduced a new perpetual contract for Vanar Chain (VANRY), granting traders a high leverage option of up to 50 times.
Denominated in the stablecoin USDT, the VANRY perpetual contract was launched on the Binance platform, providing traders with the chance to potentially leverage the asset’s price movements and secure enhanced returns.
Ongoing Institutional Interest Surge for Vanar
Simultaneously, addresses associated with QCP Capital have shown sustained interest in \(VANRY over the past quarter. These addresses collectively hold 55.76 million tokens valued at US\)19.72 million, currently holding the top position in rankings.
Layer1 区块链 Vanar 宣布与英伟达合作， \(VANRY 24 小时涨幅达 56%，现价 \)0.34🚀
QCP Capital 关联地址过去三个月内持续建仓 \(VANRY， 四个主要地址共持有 5,576 万枚代币，价值 1,972 万美金，其数量总和为持仓排行 TOP1！平均成本 \)0.056，已浮盈 1600 万美金😲
关联地址… pic.twitter.com/7dW3LeMzHY
— Ai 姨 (@ai_9684xtpa) March 13, 2024
With an average acquisition cost of \(0.056, these addresses have accumulated a floating profit of \)16 million, highlighting the increasing investor confidence and market sentiment surrounding Vanar’s blockchain ecosystem.
In conclusion, the collaboration with NVIDIA, along with the introduction of the VANRY perpetual contract on Binance, signifies a significant milestone for Vanar Blockchain, propelling its growth trajectory and positioning it for further success in the dynamic blockchain landscape.
Disclosure: This content does not constitute trading or investment advice. Always conduct thorough research before engaging in the purchase of any cryptocurrency or investment services.