Radiant V2 Goes Live; Arbitrum Launches ARB

Daily Hot Token  — Radiant (RDNT)

Over the weekend, the $3.2 billion acquisition of Credit Suisse by its competitor UBS was announced, causing the Asian-Pacific stock markets to experience a significant dip on Monday. Meanwhile, the broader cryptocurrency market continues to trade within a volatile range, with Bitcoin up by 0.85% and Ether down by 1.29% respectively in the past 24 hours as of the time of writing. The hot token today is RDNT, which is up by a whopping 15% in the past 24 hours, significantly outperforming the market due to the launch of Radiant v2 over the past weekend.

The much-anticipated Radiant v2 is finally live! RDNT is the native token to Radiant Capital, a cross-chain money market which we previously covered here. Radiant Capital aims to emerge as an unrivaled DeFi lending protocol that seamlessly connects billions in fragmented liquidity across all major blockchains. Despite the very recent launch of its V2, the team has already teased a full implementation of LayerZero in its V3, which will enable instantaneous repayment of loans on any chain. 

Check Out the Latest Prices, Charts, and Data of RDNT/USDT!

Talk of the Town

Arbitrum, a Layer 2 scaling solution on Ethereum, has finally launched its long-awaited ARB native token to “put governance in the hands of the DAO”. The launch of the Arbitrum DAO introduces several new governing bodies, including the Arbitrum Foundation. We will be looking closely at ARB as the community has revealed that an airdrop of 12.75% of the token supply will take place on the 23rd of March.

Bybit is excited to announce the listing of ARB on our trading platform! Deposit 250 ARB to Earn 25 USDT & Share a 150,000 USDT Prize Pool! 

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Check out what else is buzzing in the crypto scene today:

Ethereum’s Shanghai Hard Fork Now Has Official Target Date. (Link)

Soul Wallet raises $3 million in a seed funding round. (Link)

UBS to Buy Credit Suisse in $3.3 Billion Deal to End Crisis. (Link)