ARK (ARK) Surges Over 50% Before Pulling Back


ARK (ARK), a platform bridging popular blockchains (Bitcoin, Ethereum, etc.) through special communication channels called SmartBridges, has been one of the best-performing cryptocurrencies over the last 24 hours, gaining more than 50% at one point before losing momentum.

ARK/USD via CoinCodex

While the project has quietly been gaining momentum due to a number of key releases over the last 6 weeks, the latest surge looks to be the result of the recent listing on the Exodus universal wallet.

According to the announcement, ARK joins over 90 different digital assets on the wallet app that Cryptocompare user reviews currently give a 4.2 out of 5 rating.

In addition to secure storage, the Exodus app also offers a number of portfolio tracking tools and an exchange functionality that leverages a custom exchange integration.

Exodus Wallet exchange functionality

Prior to the Exodus wallet announcement, ARK rolled out two major updates to its platform. First, on February 11, ARK updated its mainnet to Core V2.1, which switched the JavaScript programming language to TypeScript. TypeScript is a superset of JavaScript which makes the conversion easier and is more suitable for a blockchain project.

Prior to that, on February 3, ARK pushed an update for its mobile wallet, adding support for dynamic fees.

ARK is now up 14% on the day to $0.561164, bringing the project’s market cap to¬†$60.8 million. ARK can currently be traded with the highest liquidity on Binance.

More: ARK Added To Exodus Multi-Asset Wallet
Premium: EOS (EOS) Prepares to Test Critical $3.00 Resistance (Again)

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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