News Highlights

• Loaded Lions’s LION token rose to the second spot among NFT project tokens by market cap on CoinGecko, reaching around US$600M at the time of writing.
• OpenSea is securing culturally significant NFTs for its ‘Flagship Collection’ and has acquired the mobile app Rally to enhance its mobile trading experience. The platform is also preparing for the launch of its native token, SEA, with plans to allocate 50% of platform fees toward rewards.
• Pudgy Penguins partnered with Mythical Games to launch a new Web3 mobile game called Pudgy Party. The game features collectibles, limited-edition items, and blockchain-based ownership via Mythical's Polkadot parachain, Mythos Chain. 
• Ronin, the blockchain that supports the Web3 game Axie Infinity, will migrate back to Ethereum as a Layer-2 to leverage the network's improved transaction speeds and institutional appeal.

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