🚀 Big news in the crypto world! ApeCoin (APE) has surged to its highest value since April, doubling over the weekend and hitting $1.5. This spike follows the launch of ApeChain, a new Layer 3 network developed on Arbitrum One, which went live on Sunday.

Key highlights:

- ApeChain brings native staking yield to APE holders.

- Users can now earn staking rewards on APE, ETH, and stablecoins.

- LayerZero's launch on ApeChain enhances cross-chain utility.

What do you think about these developments? Share your thoughts in the comments! 💬