New Ethereum layer-2 network ApeChain has made its official debut at ApeFest in Lisbon on Sunday.
The launch featured several applications, most notably Top Trader, a trading simulation game, and was closely linked to a significant increase in ApeCoin’s market value.
ApeCoin saw its price more than double following the launch, highlighting renewed interest in the broader Bored Ape Yacht Club ecosystem.
What are the key dApps now available on ApeChain?
Among the standout releases on ApeChain is Top Trader, a simulation game from Yuga Labs.
The game allows users to engage in high-leverage virtual trading, complete with leaderboards and rewards for top-performing players.
Another notable app, Ape Express, functions as a token creation platform, similar to Pump.fun on Solana, enabling users to launch tokens without technical skills. Additionally, some tokens launched through the platform have already gained traction in the market.
What’s next to ApeChain?
ApeChain is designed to support the ApeCoin ecosystem, offering features like gas-sponsored transactions and seamless account creation.
The network’s launch has spurred significant excitement, leading ApeCoin’s price to surge from $0.75 to a high of $1.74 before settling around $1.48—a major recovery within a week.
Looking ahead, ApeChain will support upcoming projects from Yuga Labs and the ApeCoin DAO, including the highly anticipated Otherside metaverse game and Dookey Dash: Unclogged.
In addition, the ApeCoin DAO has also earmarked funds to support future projects built on ApeChain as part of its strategy to drive long-term ecosystem growth.
Blockchain evangelist. Content creator & graphic design hobbyist. Loves gaming!