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Decentralized Exchange Vela’s DXP Token Surges Ahead of Beta Release on Arbitrum

The utility token has rallied 50% in the past 24 hours and more than doubled since Wednesday ahead of the release of its widely anticipated beta version next week.

Traders are betting Vela, which means sail in Spanish, can take a share of the growing decentralized exchange activity on Arbitrum. (Johannes Plenio/Unsplash)
Traders are betting Vela, which means sail in Spanish, can take a share of the growing decentralized exchange activity on Arbitrum. (Johannes Plenio/Unsplash)