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MetisDAO up 51% following Bitget wallet announcement

Brian Stone
Edited by
Markets
MetisDAO up 51% following Bitget wallet announcement

According to CoinMarketCap, MetisDAO is up over 50%, ranking second on the day’s top gainer report with a 7.8% surge.

Available as an Ethereum Layer-2 scaling solution, MetisDAO (METIS) was designed to address the blockchain trilemma by attempting to reconcile decentralization, security, and scalability. The project’s creators were then said to be tackling Ethereum’s speed, cost, and scalability challenges.

MetisDAO up 51% following Bitget wallet announcement - 1
MetisDAO to USD Price Chart | Source: CoinGecko

According to Jan. 15 charts, the MetisDAO token is trading at $123.92, showcasing a 7.8% increase in the last 24 hours with a trading volume during the same period of $71.3 million.

MetisDAO up 51% following Bitget wallet announcement - 2
Top Crypto Gainers Today | Source: CoinGecko

The token has hit 51% gains in the last seven days as part of a 94.3% surge in the last month.

News around the asset’s sustained growth in the last seven days stems from a recent partnership announcement with Bitget Wallet, indicating Metis’ integration into their custom network, and increased Ethereum interest following spot Bitcoin ETF approval a few days earlier.