Gate.io Compensates LUNARLENS Users, Avalanche (AVAX) Skyrockets by 18%, Plus Wallet Emerges as the Hot Wallet for 2025

This week's cryptocurrency updates capture the essence of the market's volatility, with challenges on one side and advancements on the other.

This week's cryptocurrency updates showcase the market's volatility, presenting both challenges and opportunities.

Gate.io Updates on Lunarlens Market Irregularities

Recent updates from Gate.io highlight irregularities in the Lunalerns (LUNARLENS) token market, specifically in the form of unnatural price movements and trading behaviors. These anomalies hindered transactions and could potentially impact users' assets. However, after detecting these irregularities, the platform took corrective actions and implemented a compensation scheme.

Users who acquired LUNARLENS tokens before October 31, 2024, received GT tokens as compensation at the fixed rate of 1 LUNARLENS = 0.000120269462762 GT. The distribution of GT tokens was directly credited to the affected users' accounts, with transaction details available in the “Transaction History” area.

Avalanche (AVAX) Surges by 18%

Avalanche (AVAX) saw an 18% increase this week, suggesting a potential breakout. This move is driven by the Avalanche Foundation's acquisition of nearly two million tokens from Terraform Labs, which were excluded from Terra's bankruptcy case.

These tokens will be allocated for grants, events, and ecosystem initiatives to enhance community involvement and developer engagement. With increasing interest in gaming projects like Shrapnel, the Avlanche ecosystem is poised for further growth.

Plus Wallet: Speedy Operations and Flexible Billing

Plus Wallet is designed to help users stay up-to-date with market trends by offering both speed and efficiency. One key standout is the ability to list tokens in just 15 minutes, far outpacing the usual industry delays. This efficiency allows projects to debut almost immediately, expanding their reach and succeeding in the fast-paced market.

The wallet also features a versatile invoicing system that supports transactions in both fiat and cryptocurrencies, making it an excellent option for freelancers or entities handling multiple currencies. Its streamlined and no-cost billing function ensures quicker and more reliable payments.

This fusion of rapid listings and straightforward invoicing processes means users experience no downtime. Whether for freelancers, businesses, or anyone else, Plus Wallet equips users with essential tools for thriving in the cryptocurrency domain today. It provides an accessible and cost-effective method for businesses and freelancers to manage cryptocurrency tasks, stay organized, and stay competitive.