The introduction of the Ethernity Chain network by Ethernity, an NFT marketplace, caused ERN token values to rise by 23% in the last day, from 4.92 to 6.05, with an AI-secured Layer 2 solution on Ethereum.
Ethernity Chain is a top possibility for widespread Web3 adoption since the Layer 2 technology favors entertainment brands. It has AI security features including DRM, protecting intellectual property, and stopping fake sales.
Global companies may easily integrate intellectual property for tokens, collectibles, and other uses with Ethernity Chain’s plug-and-play toolkit, which facilitates blockchain entry. Its environmentally friendly architecture attracts developers by supporting Ethereum standards and lowering gas expenses.
Web3 technology, according to the co-CEO of Ethernity, will transform brand-audience interactions with the Layer 2 transition.
With a $113 million market value and a $64 million trading volume, the ERN token’s price increased to $6.05, and it is currently trading at $5.51 following the Layer 2 network revelation. The features of Ethernity Chain will be used in new applications like FanableApp and Exorians.
After Ethernity launched its new Ethernity Chain, the price of ERN tokens surged by 23%, indicating that users would benefit greatly from increased involvement and opportunity inside the Web3 ecosystem.
Also read: Truflation Integrates Chainlink CCIP for Enhanced Token Security
