GNS Token Surges 47% on Binance as Gains Network Reports $120K Protocol Revenue on Arbitrum
Gains Network (GNSUSDT) experienced a significant 47.51% price increase over the past 24 hours, with the current price on Binance at $2.189, up from a 24h open of $1.484. This sharp upward movement is likely attributed to strong protocol revenue generation on Arbitrum, where Gains Network reported $120,000 in protocol revenue last week, signaling robust platform activity and user engagement. Additionally, positive sentiment and bullish forecasts from analysts, alongside broader DeFi adoption and recent increases in platform utility, have contributed to heightened investor interest and trading activity. The market cap is approximately $89.3 million, with an estimated circulating supply of 52 million GNS tokens; trading volume is moderate to high, reflecting increased market participation in response to recent developments.