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Information about Venom (VENOM)
Developed by the Venom Foundation, Venom Network stands out as a unique layer-1 blockchain solution. It holds the distinction of being the first network overseen by the regulatory authority of ADGM, the Abu Dhabi Global Market.
Here's what makes Venom Network stand out:
The Venom Network offers a comprehensive suite of products including:
VENOM is a native coin of the Venom ecosystem, operating on Venom Network blockchain and can be used to:
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News
This week, over 235 million USD in tokens are set for release, with VENOM and ALT leading cliff unlocks worth over 15 million USD. Solana is the top linear unlock with 465,770 SOL valued at 66.03 million USD.
Cliff unlocks, such as those from VENOM and ALT, create quick supply impacts by releasing tokens all at once. In contrast, Solana’s linear unlock of 465,770 SOL offers a steady market supply.
Venom rises 760% after 19 hours
Although it has only been listed for 19 hours, VENOM is currently leading the Top Gainers on the ONUS application and is being traded with a volume of over 71.07 million USD.
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