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Recently, the price of Particle Network ($PARTI) has experienced a certain degree of correction, which has attracted the attention of many investors. However, if we closely examine the recent activities of Particle Network over the past two weeks, we will find that they are not idle, but are actively paving the way for future development.
First of all, Particle Network has made significant progress on the technical level. Currently, 10 decentralized applications (dApps) have successfully integrated into their Universal Accounts system. At the same time, their UniversalX platform has also performed well, with a transaction volume reaching 700 million USD and daily active traders remaining around 5,000. Additionally, they have launched a series of feature upgrades, including limit orders, time-weighted average price (TWAP), and group trading, all of which help enhance the user experience.
What is even more noteworthy is that Particle Network has announced its entry into the field of real-world assets (RWA) and stablecoin settlement layers, and has reached a partnership with Circle. This move indicates that they are actively expanding their business scope and seeking new growth points.
Looking ahead, Particle Network has several key milestones to look forward to:
1. Can the Circle cross-chain stablecoin settlement system be launched successfully?
2. The first physical asset application scenario
3. Launch of the Staking System
Although price fluctuations are inevitable in the short term, if Particle Network can successfully achieve these key milestones in the third quarter, the current price pullback is likely to become the buildup for the next round of increases.
It is important to emphasize that Particle Network has laid a solid foundation in the underlying technology of chain abstraction. They currently support 80 blockchains, a feat that many competitors have yet to achieve. Therefore, we have reason to believe that the real explosion of Particle Network in the field of chain abstraction may be just around the corner in the next quarter.
Overall, although there may be some challenges in the short term, Particle Network's continuous efforts in technological innovation and business expansion have positioned it favorably in the promising field of chain abstraction. While investors focus on short-term price fluctuations, they should pay more attention to the project's long-term development prospects.