Ice Open Network (ICE) Soars 23% as Staking Goes Live

Ice Open Network has officially announced that staking for $ICE is now available. This launch has already sparked significant market activity, with the cryptocurrency experiencing a notable 25% price surge.

This development offers users the opportunity to engage directly with the network, earn rewards, and contribute to the overall security and stability of the ION ecosystem.

Notably, Ice Open Network is a blockchain project focused on making the internet more open and giving users more power over their information and online activity. Additionally, it aims to fix the problems of central control, data security, and ownership that exist on the internet today. ION uses a fast, base-layer blockchain that can handle many transactions quickly.

Here’s Why ICE is Surging Today

Since staking began, it has given users some good things. One big plus is that people can easily stake and unstake their $ICE tokens at any time. They don’t have to keep their tokens locked up for a specific time.

The community is enthusiastic about this because it lets them control their money better. They can quickly adjust their plans if the market changes and prices increase rapidly. Moreover, the yearly reward rate (APY) is easy to see and changes in real-time. This means stakers know precisely how much they might earn.

When people stake, they not only get rewards but also help make the ION system stronger. Staking helps the network work better, making it safer and more secure. For helping out, stakers get $LION tokens. These tokens indicate how much they have staked and will be used in the network later.

Adding to the good news, the Ice Open Network will soon be listed on Uphold. Uphold is a platform for digital currency that functions as both a wallet and an exchange. People can use it to buy, sell, and store a variety of items, including cryptocurrencies, fiat money, metals, and some stocks.

Moreover, it allows people to trade directly between any of these things, thanks to its worldwide user base. This will help more people get $ICE, even those who don’t usually use crypto.

The Ice Open Network said they are excited about this, stating:

“We’re proud to announce that Ice Open Network will be listed on Uphold, one of the most trusted and established fiat-to-crypto platforms — with millions of users and billions in deposits globally.”

Trading $ICE on Uphold today, April 30. This gives people a new way to buy and use the cryptocurrency. It should bring more people to the Ice Open Network and make $ICE more popular.

$ICE Price Action Today

Yesterday, the $ICE had a trading volume of over $20 million, according to CoinGecko data. This is up 219.10% from the previous day, indicating increased market activity. Moreover, the price also went up 25% in the last day.

Notably, ICE once hit a high of $0.01588 and a low of $0.002755. Currently, it’s trading 51.68% lower than its highest price and 178.54% higher than its lowest price. The total Market Cap of ICE coins is $52.11 million.

Over the past seven days, the price of ICE has risen by 61.80%. This is better than the overall cryptocurrency market, which is up 1.20%. It’s also performing better than other similar Layer 1 (L1) cryptocurrencies, which are up 1.60%.

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