According to Foresight News, Avalanche Ecosystem Social Protocol The Arena tweeted that the release of its ARENA token will be postponed to late July. Officials said that considering the overall situation, the team believes this is the best decision for users, products, and upcoming plans. In addition, the team will deploy a new secure wallet solution and will announce the token release date 7 days before the release, and will also release token economics.

Foresight News previously reported that The Arena tweeted that it has launched the V2 Beta version to address some product issues that hinder the wider adoption of the platform. Officials said that they will release a series of new features to continue to improve the product and add new creator tools to achieve higher profitability.