📊 #ARCH #Messari . Archway status in Q4 2023: ▪️ Market capitalization + 236%; ▪️ Those who deployed contracts earned ARCH tokens worth more than $11,000, benefiting from a 231% increase in ARCH price; ▪️ The staking ratio increased to 44.5%.
Archway, a Cosmos-native layer 1 #blockchain , announced the Genesis Airdrop that will include Axelar bridge users. By airdropping #Axelar bridge users, Archway aims to reward those who have contributed to liquidity in the Cosmos.
Arch Labs has received a $7 million investment to develop a platform for Bitcoin-native applications.
The seed funding round was led by Multicoin Capital, with other participants including Portal Ventures, OKX Ventures, and several other investors and contributors.