Postponement of ARENA Coin Launch Due to Overwhelming Demand in Avalanche Ecosystem
The highly anticipated launch of the ARENA coin on the popular social protocol, The Arena, within the Avalanche (AVAX) ecosystem, has been delayed. The launch date has been rescheduled to October 29 as a result of necessary infrastructure adjustments required to accommodate the overwhelming demand on the platform. Originally planned for the first half of October, this is the second delay for the launch that has generated significant interest among social projects in the Avalanche ecosystem.
According to The Arena, thousands of new users have joined the platform and tens of thousands of transactions have taken place in the past week. In light of this high demand, the platform has deemed it necessary to optimize the application’s infrastructure to prevent potential issues that coin holders may encounter during the coin request process. Until the launch on October 29, The Arena will continue its Uprising event and share new announcements.
The Arena Uprising event, which will continue until the ARENA coin launch, holds great importance for the community. It serves as a crucial platform for tracking the latest developments leading up to the launch and preparing the community for the event. The Arena has committed to providing new announcements and opportunities for ARENA coin holders during this period.
While the current launch date is set for October 29, it remains uncertain whether there will be any further delays. The platform has emphasized its commitment to maintaining communication with the community during this time and ensuring successful infrastructure improvements for a smooth coin launch.
Please note that the information presented in this article is not intended as investment advice. Investors should be aware of the high volatility and associated risks of cryptocurrencies and should conduct their own research.
