ARPA (ARPA) has risen 16.40% in the last 24 hours.

Gate News Bot reports that on October 14, according to CoinMarketCap, as of the time of writing, ARPA (ARPA) is currently priced at $0.02, with a rise of 16.40% in the last 24 hours, reaching a high of $0.02 and a low of $0.01. The current market capitalization is approximately $30.7 million, an increase of $4.33 million compared to yesterday.

ARPA is a secure computing network focused on blockchain-adapted cryptography. The ARPA threshold BLS network can serve as a verifiable random number generator (RNG), secure wallets, cross-chain bridges, and decentralized custody infrastructure. This network features decentralization, security, flexibility, verifiability, always online availability, and blockchain agnosticism, supporting various applications that utilize threshold signature schemes.

Important news about ARPA recently:

1️⃣ Technological upgrades drive price rise The ARPA chain recently completed an important technical upgrade, enhancing the network's security and scalability. This upgrade optimized the performance of ARPA's threshold BLS network, laying the groundwork for more application scenarios. The market reacted positively, driving the rise in ARPA's price.

2️⃣ New Strategic Partners The ARPA project team announced strategic partnerships with several well-known blockchain projects, which will promote the application expansion of ARPA in decentralized finance ( DeFi ) and cross-chain fields. The market expects this to bring more use cases and user rise for ARPA, thereby supporting its price performance.

3️⃣ Community Governance Proposal Approved The ARPA community recently passed an important governance proposal aimed at optimizing the token economic model, including adjustments to the inflation rate and the introduction of new token incentive mechanisms. This decision is seen as beneficial for the long-term value rise of ARPA, eliciting a positive response from investors.

From a technical perspective, ARPA has broken through the previous resistance level and is currently in an upward channel. In the short term, it may face some pullback pressure, but the overall trend remains positive. On the fundamental side, with the addition of more partners and the expansion of application scenarios, the ARPA ecosystem is continuously improving, providing a solid foundation for its long-term development.

This message is not investment advice; investors should be aware of market volatility risks.