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Cryptocurrency News Articles

Aergo (AERGO) and Alpha Quark Token (AQT) Merge to Create New House Party Protocol (HPP) Token

Apr 16, 2025 at 07:44 pm

The cryptocurrency market is buzzing with excitement as two prominent projects, Aergo (AERGO) and Alpha Quark Token (AQT), have recently announced a merger that has sent their prices soaring.

Aergo (AERGO) and Alpha Quark Token (AQT) Merge to Create New House Party Protocol (HPP) Token

The cryptocurrency market is buzzing with excitement as two prominent projects, Aergo (AERGO) and Alpha Quark Token (AQT), have recently announced a merger that has sent their prices soaring.

Over the past week, Aergo's coin experienced a remarkable increase of 279.11%, while Alpha Quark's coin rose by 36.99%, showcasing the market's optimistic outlook on the merger's potential to expand the ecosystem.

On April 7, 2025, Aergo successfully completed a governance vote regarding the merger, which will also include Boost (BOOOST) and W3DB coins. Together, these projects plan to issue a new token called House Party Protocol (HPP).

The anticipation surrounding this merger has led to a significant uptick in Aergo's price, which was trading in the low 80 KRW range just a week ago.

However, as the latest updates reveal, Aergo's price has soared to 735.3 KRW, marking an astonishing nearly 800% increase and setting new annual highs.

This recent surge has propelled Aergo into the ranks of top performers on the Upbit exchange, where it currently holds second place in 24-hour trading volume, trailing only Ardor (ARDR).

Out of the total global trading volume for Aergo, which amounts to approximately 60.21%, a significant portion is taking place on Upbit—around 60.86 billion KRW.

Aergo's price also saw a 16.77% increase in a single day, which might be further fueled by news of a potential listing on Binance.

Meanwhile, Alpha Quark's price has seen a significant rise following the merger announcement, climbing from 1,713 KRW on April 12 to a peak of 2,870 KRW by April 15, before settling at 2,397 KRW.

This marks a daily price change rate of 10.06%. The merger news has evidently revitalized investor interest, leading to a surge in trading activity for both tokens.

Aergo is an open-source hybrid blockchain platform primarily designed for enterprise use. It uniquely combines public and private chains, enabling businesses to develop decentralized applications (dApps) that are both secure and scalable, catering to the complexities of enterprise use cases.

Sensitive data can be managed through private chains, while public chains handle aspects that require transparency, making Aergo particularly suitable for corporate environments. The platform employs a Proof of Authority (PoA) consensus mechanism for its private chain and a Delegated Proof of Stake (DPoS) mechanism for its public chain. The native token, AERGO, is utilized for transaction fees, smart contract execution, staking, and governance.

On the other hand, Alpha Quark operates as a blockchain platform that merges intellectual property (IP), non-fungible tokens (NFTs), and the metaverse. It allows users to issue and trade NFTs linked to various forms of IP, such as music, movies, and webtoon copyrights. These NFTs can be used as collateral for loans, aiming to enhance liquidity in the NFT market.

Furthermore, Alpha Quark is developing a metaverse where its AQT token will play a role in transactions and governance.

The recent merger announcement has sparked a rally in the cryptocurrency market, reflecting investors' expectations for ecosystem expansion.

In this context, Solaxy, a Layer 2 scalability solution designed to enhance the Solana ecosystem, has also been garnering attention. Solaxy aims to improve transaction efficiency on the Solana mainnet, which faced challenges during previous high-volume trading events.

Solaxy's pre-sale is nearing its conclusion, having raised over 30 million USD to date. Participants can purchase $SOLX tokens at a price of $0.001696 as of April 16, 2025. Those interested in buying can connect their wallets on the Solaxy website to acquire tokens using SOL, USDT, or ETH.

As the cryptocurrency landscape continues to evolve, the merger of Aergo and Alpha Quark highlights the growing trend of collaboration among blockchain projects. Investors are closely watching these developments, hoping they will lead to increased utility and market stability in the ever-changing world of digital assets.

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