The Across Protocol (ACX) token experienced a 14% price increase after the largest cryptocurrency exchange in the United States, Coinbase, declared support for the asset.
Coinbase Support
Coinbase disclosed that ACX would be integrated into the Ethereum Network, with users receiving particular guidelines for its use. The announcement, shared via X (formerly Twitter), sparked interest in ACX within the cryptocurrency community.
Community Reaction and Price Increase
The announcement triggered a positive response within the community, with the token’s price soaring to $0.4295, marking a 22.4% increase over the past week. Experts in the cryptocurrency industry predict further price increases for ACX.
Current ACX Metrics
Across Protocol’s market value is now $59.2 million, with daily trading volumes up 49% to more than $650,000. The increase in activity reflects rising interest in ACX since its integration into Coinbase’s platform. Monthly figures indicate a positive trend, with ACX rising 4%.
Coinbase’s support for the ACX token has significantly influenced its current market performance, with early data suggesting positive prospects for the token’s future growth.
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