Vanar, a Layer1 blockchain platform, has unveiled a pivotal collaboration with tech behemoth NVIDIA, marking a noteworthy milestone in the blockchain industry. Following this announcement, Vanar’s native token $VANRY saw a remarkable surge, soaring by up to 56% within just 24 hours, currently trading at $0.36.
Harnessing NVIDIA’s Technological Advancements
The partnership with NVIDIA holds significant promise for Vanar’s ecosystem, particularly in artificial intelligence (AI), metaverse, and gaming domains. By tapping into NVIDIA’s state-of-the-art infrastructure, all projects within the Vanar ecosystem are set to benefit from cutting-edge technology, fostering innovation and progress across various sectors. With NVIDIA’s support and future collaborations, Vanar aims to establish itself as a frontrunner in AI innovation, consolidating its position in the blockchain landscape.
📢 MAJOR ECOSYSTEM ADOPTION 📢
Vanar is thrilled to welcome NVIDIA as the latest addition to the @VanarChain ecosystem!
With NVIDIA's infrastructure, all projects that are part of the Vanar AI, metaverse, and gaming ecosystem will gain access to cutting-edge technology.… pic.twitter.com/HymjrD31hd
— Vanar (@Vanarchain) March 13, 2024
Expanding Trading Instruments on Binance
In addition to the NVIDIA partnership, Vanar received a substantial boost with its inclusion in Binance’s trading instruments. Binance, a key player in the cryptocurrency trading sphere, introduced a new perpetual contract for Vanar Chain (VANRY), offering traders a leverage option of up to 50 times. Settled in the stablecoin USDT, the VANRY perpetual contract is now available on the Binance platform, providing traders with opportunities to capitalize on price movements and potentially earn higher returns.
Layer1 区块链 Vanar 宣布与英伟达合作， $VANRY 24 小时涨幅达 56%，现价 $0.34🚀
QCP Capital 关联地址过去三个月内持续建仓 $VANRY， 四个主要地址共持有 5,576 万枚代币，价值 1,972 万美金，其数量总和为持仓排行 TOP1！平均成本 $0.056，已浮盈 1600 万美金😲
关联地址… pic.twitter.com/7dW3LeMzHY
— Ai 姨 (@ai_9684xtpa) March 13, 2024
Growing Investor Confidence
Addresses associated with QCP Capital have demonstrated sustained interest in $VANRY over the past three months. These addresses collectively hold 55.76 million tokens valued at US$19.72 million, ranking at the top in position rankings. With an average acquisition cost of $0.056, these addresses have accrued a floating profit of $16 million, highlighting the increasing investor confidence and positive market sentiment surrounding Vanar’s blockchain ecosystem.
Significant Milestone for Vanar Blockchain
The collaboration with NVIDIA and the listing of the VANRY perpetual contract on Binance mark significant milestones for Vanar Blockchain, propelling its growth trajectory and positioning it for further success in the evolving blockchain landscape. These strategic alliances underscore Vanar’s commitment to innovation and advancement in emerging sectors, fostering a conducive environment for technological exploration and development.