ApeCoin launches testnet for its layer-2 solution ApeChain | Headlines | News | CoinMarketCap

07/16/2024 14:31
ApeCoin launches testnet for its layer-2 solution ApeChain | Headlines | News | CoinMarketCap

ApeCoin’s own network, ApeChain, has launched its testnet, although Yuga Labs co-founder Greg Solano admits there “won’t be much to do” on it …

ApeCoin’s own network, ApeChain, has launched its testnet, although Yuga Labs co-founder Greg Solano admits there “won’t be much to do” on it initially.

ApeChain, a layer-2 solution incubated by the ApeCoin DAO community, has got its first testnet dubbed Curtis as fans of the Bored Ape Yacht Club (BAYC) collection seek new ways to bring more utility for ApeCoin (APE).

Though no other details were revealed, Greg Solano, the co-founder of Yuga Labs, a firm behind BAYC, said in a follow-up post there “won’t be much to do on testnet yet,” reassuring APE holders though that various decentralized applications that Yuga Labs has been working on for some time now “will all be running on the chain once mainnet is here.”

Amid the news, the price of APE soared by over 3.5% to $0.78, according to …

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