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It’s a new week, and another winner is gaining huge traction. Crypto project ArcBlock (ABT) is currently sitting at $1.14, accumulating for the next jump. With volume exceeding $10 million for the past 24 hours, and a market capitalization of $112 million. Looks like something is brewing here.
But what exactly is and why is it pumping? Is gassles meta the new hot topic? Let’s find out.
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ABT Price Analysis and New Crypto Meta
Recent weeks have been very eventful for ArcBlock. The project raised $45 million through an ICO and was launched in early 2018. What makes ABT unique is that by staking one token, you get no gas fees for transactions. On top of that, they integrated AI into their application engine AIGNE, further increasing their exposure to the new trendy wave while they put their community on the edge with Twitter teases.
May 4th, 2025.
Nothing will ever be the same. pic.twitter.com/8YN4qCZubM
— ArcBlock (@ArcBlock_io) May 3, 2025
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Past month, ABT price has surged by more than 200%, putting the crypto project on the frontline. On the 22nd of April 2025, it broke a big resistance in the face of a 200 smoothed moving average (SMA). From ~$0.42 pumped staggering 170% to the $1.10 mark.
Right after that, it had a period of 11 days consolidating on previous resistance, now support, starting a second leg up. That led to another 70% pump to the $1.4 mark.
(SOURCE)
On the weekly timeframe, things also look great. The RSI 14 indicator looks like bottomed out and is switching to the positive side, preparing to jump. The price is finally getting out of the descending channel that has been there for quite a while.
The next level that the price has its eyes on is around $2.14. After that comes the all-time high resistance, which is currently sitting at $4.75. Soon after we break those resistances, the only limit is the sky.
(SOURCE)
With its volume, we can see positive technical indicators that indicate that ABT is not forgotten. We need technology like the project offers, and it has a bright future.
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Early Birds Got the Worms
In the ever-evolving crypto space, being first in new tech is always if you wanna ride the huge gains. As ABT is one of the first gasless projects, similarly, Solaxy is the first Layer 2 on the Solana network. With one big difference, and that is, Solaxy is currently in presale.
So far, they have raised an unprecedented $33,3 million, putting them in the bracket of one of the best presales for 2025. With the best price of the token that you can get at $0.001714, this is the deal of the millennium.
Not only that, but they also have a staking program that offers APY of 121%. Now available to buy with a card or crypto.
Merging fundamentals with meme themes is what makes this project stand out above others. We have seen that this bull run, memes have conquered the hearts of retail and institutional traders.
Adding some key technical features that solve some of the biggest problems of the Solana network, and VOILA.
Network congestion, failed transactions, and scalability limitations, all these will be history. Finalizing transactions off-chain will help with that tremendously.
And just like that, we have the number 1 contender for this year. This project will send you to another SOLAXY… quite literally.
For the latest updates on the project, connect with the SOLX community on X and Telegram
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