- The developers of an altcoin listed on Binance have announced they will establish a new Ethereum layer 2 chain.
- The crypto project Ethernity (ERN) has announced the launch of its new Ethereum Layer-2 network, Ethernity Chain.
- According to the official announcement, Ethernity Chain will use an advanced AI-driven security system.
Developers of an altcoin listed on Binance, Ethernity (ERN), announce the launch of a new Ethereum Layer-2 network, Ethernity Chain, with an advanced AI-driven security system.
Ethernity Chain: A New Ethereum Layer-2 Network
Ethernity (ERN), a crypto project listed on Binance, has announced the launch of its new Ethereum Layer-2 network, Ethernity Chain. The new chain will feature an advanced AI-driven security system, providing top-level security and protection for all transactions and activities on the platform.
Key Features of Ethernity Chain
According to the blog post announcing the launch, Ethernity Chain will have the following features:
- AI-enhanced security and DRM: This provides top-level security and protection for all transactions and activities on the platform.
- Easy integration
- Eco-friendly with low gas fees
- 100% EVM compatibility
ERN’s Performance Following the Announcement
Following the announcement, ERN, an altcoin listed on Binance, experienced approximately a 20% increase. Despite this, with a market value of approximately $109 million, it remains among the low market value tokens. The fully diluted market value of the token is at the level of $159 million, but the number of tokens is not restricted by any upper limit.
ERN’s Presence in Other Major Decentralized Exchanges
ERN is also traded on other major decentralized exchanges such as Coinbase, Uniswap, OKX, and Kucoin. However, ERN is trading from a region 93% lower than its all-time high price record of $74, which it broke in March 2021.
Conclusion
The launch of Ethernity Chain by ERN is a significant development in the crypto space. With its AI-enhanced security system and other key features, the new Ethereum Layer-2 network could potentially attract more users and investors, boosting ERN’s market performance. However, as with any investment, potential investors should conduct thorough research and consider the risks involved.
