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Cryptocurrency News Articles
BlockDAG's Keynote 3 Signals Mainnet Launch with $209.5M Presale—While ARB Volume & Jupiter Valuation Stay Strong
Apr 01, 2025 at 08:08 am
Not every blockchain project plays by the same rulebook—and in the race to decentralize, the ones getting things done are leading the way.
Arbitrum is making waves in the crypto sphere with its innovative approach to scaling Ethereum. Having launched on August 31, 2021, Arbitrum has been instrumental in enhancing the speed and efficiency of Ethereum transactions. The project’s journey began with a Series B funding round that saw it raise $120 million.
This funding installment brought Arbitrum one step closer to realizing its vision for a more scalable and accessible blockchain. The project’s efforts were recognized by investors, with participation from prominent names like Lightspeed Venture Partners, Pantera Capital, and Polychain Capital.
Arbitrum’s Token Reaches New Milestones
Arbitrum’s token, ARB, has reached a milestone price of $0.36, marking a significant development in the project’s journey. The project’s market cap has also crossed the $1.67 billion mark, showcasing the growing value attributed to Arbitrum in the cryptocurrency market.
Furthermore, Arbitrum’s daily trading volume has surpassed $106 million, indicating substantial activity and interest in the project’s token. Moreover, Arbitrum’s growing total value locked (TVL) highlights the increasing trust and participation of users in the project’s ecosystem.
As Arbitrum continues to develop and expand its reach, the project’s performance will be closely observed by those interested in the future of blockchain technology and its potential for revolutionizing various industries.
Jupiter Is Transforming Banking for India’s Digital Generation
In today’s rapidly evolving technological landscape, the domain of fintech has witnessed remarkable innovation, particularly in response to the changing needs and preferences of the digital generation.
This generation is characterized by its tech-savviness, having grown up with smartphones, social media, and instant online services at their fingertips. As such, they expect the same level of convenience, speed, and responsiveness from their financial institutions.
Enter Jupiter, a fintech startup that is making waves in India’s banking sector with its focus on user-centricity and cutting-edge technology.
Founded in August 2019 by Jitendra Gupta, Jupiter set out to disrupt the traditional banking model and create a fintech platform that truly resonates with the digitally native generation.
From the outset, Jupiter’s goal was to develop a one-stop digital banking solution that would provide everything users need, all accessible through a user-friendly app.
This vision led to the creation of a platform offering a comprehensive suite of financial products, including salary accounts, loans, mutual funds, and credit cards, all designed to meet the diverse financial needs of today’s tech-savvy individuals.
Moreover, Jupiter’s app is designed to provide a seamless and engaging user experience, making it easy for users to manage their finances, track their spending, and get rewarded for engaging with the platform.
Since its launch, Jupiter has quickly gained traction among users in India, a country known for its competitive fintech market and diverse population.
To date, Jupiter has raised a total of $157.4 million in funding and achieved a valuation of $710 million. The startup has also managed to onboard over 2 million users, a testament to the rapid adoption of its platform.
As of March 2025, Jupiter’s journey continues, and the startup is well-positioned for further growth and innovation in the years to come. Its focus on ease of use, transparency, and constant updates has made it a go-to solution for digital banking in India.
BlockDAG Is Putting Hardware in Motion to Power True Decentralization
In the dynamic landscape of cryptocurrency projects, the vast majority tend to prioritize software development, with hardware deployment often taking a backseat.
However, in the realm of blockchain technology, the interplay between software and hardware is crucial for optimal performance and resilience. This is precisely where BlockDAG’s project stands out.
Having launched its presale in August 2023, BlockDAG has quickly gained attention for its unique approach to blockchain infrastructure.
The project’s emphasis on hardware deployment from the outset is a testament to its commitment to building a decentralized network that is not reliant on centralized entities or institutions.
To this end, BlockDAG has developed the X100 Miner, a high-performance mining device designed specifically for optimal performance on the BlockDAG chain.
The project’s goal is to deploy 100,000 of these miners to nodes across the globe, ensuring broad geographic distribution and resistance to any single point of failure.
Now, a key milestone has been reached with the shipment of nearly 10,000 X100 Miners to community members who participated in the project’s presale.
This marks a significant moment in BlockDAG’s journey, demonstrating its dedication to delivering on its promises and providing tangible benefits to those who contribute to the project.
At present, the project has raised $209.5 million through its presale, a testament to the strong
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