In the last round of bull market, BAYC (Boring Ape Yacht Club), as one of the most well-known NFT projects, finally announced the launch of its own Ape Chain after many ups and downs. This move marks the further expansion of BAYC in the blockchain field. The development of Ape Chain chose Arbitrum Orbit instead of OP Stack, which is usually chosen by other large project teams. A major highlight of Ape Chain is that users can get automatic returns without staking after crossing assets to Ape Chain, which is particularly attractive in the current cryptocurrency market.
Since the launch of Ape Chain, it has generated more than 360,000 transactions in a short period of time, showing the activity of its network and the interest of users. In addition, with the rise of the meme craze, the market value of the meme coin CURTIS on the APE chain has exceeded 14 million US dollars, and the floating profit of the largest beneficiary has exceeded 13 times.
The launch of Ape Chain has brought new vitality not only to BAYC, but also to the entire cryptocurrency market. By providing a model for earning income without staking, Ape Chain is expected to attract more users and capital inflows, thereby promoting the development of BAYC and other related projects. At the same time, Ape Chain's cross-chain function and native revenue model also provide users with more flexibility and revenue opportunities, which may become a key factor in uniting the BAYC community and promoting its greatness again.