The cryptocurrency Gala (GALA) has experienced a strong recovery, breaking a long-term downtrend and moving upward. After a pullback to a key support range, the price has surged again, delivering over 70% gains. This shift indicates a turning point for GALA/USDT as both technical progress and ecosystem advancements drive growth.
Gala Games has partnered with Bitrue to integrate GalaChain into the exchange, allowing users to trade GALA directly on Bitrue without the need to bridge through Ethereum. This integration has reduced fees and complexity, providing a simpler and more efficient experience for users. Gala Games has also gained access to $13 billion in USD liquidity, creating significant growth opportunities for GalaChain users.
The CEO of Gala Games, Eric Schiermeyer, sees this partnership as a step toward decentralization and innovation, while Bitrue's Global Head of Business Development, Shruti Kohli, praises the collaboration for advancing their shared goals of a decentralized future. The current trading price for GALA is around $0.03048, with a 45% spike in trading volume, indicating growing interest. Technical indicators suggest further upside for GALA as it holds above support levels.
This rise in GALA's value reflects more than just market recovery, as Gala Games addresses user challenges and strengthens the ecosystem's appeal. The push for decentralization, reduced fees, and increased liquidity positions GALA for steady growth. The partnership between Gala Games and Bitrue exemplifies the impact of innovation and collaboration in the crypto market, providing greater accessibility and potential for expansion.
- Content Editor ( cryptonewsland.com )
- 2024-11-22
GALA Update: Breaking the Downtrend and Surpassing Targets