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VeChain has partnered with Boston Consulting Group (BCG) to help reduce carbon emissions in the textile industry. Meanwhile, over 30 million eth have been staked on ethereum. Amid this, Pullix (PLX) has successfully attracted over 15,000 users in the ongoing pre-sale.
VeChain and BCG Partner
VeChain has partnered with Boston Consulting Group to leverage blockchain technology to drive sustainability transformations in the textile industry.
The objective is to promote a circular economy and increase the recycling of textile material, thus reducing greenhouse gas emissions in the sector.
Following this, FP prices rose by 8.2% and 3.9% on the 14-day and 7-day price charts respectively.
Currently, the coin is trading between $0.02743 and $0.02931.
More than 30 million eth staked on ethereum
Nansen, an analytics firm, notes that at least 30 million eth has been staked, or 25% of the total eth supply.
The more coins staked, the lower the circulating supply, which is a net benefit for prices.
Since January 23, eth has held steady, rising from $2,272.09 to $2,442.97, surpassing the $2,440.09 resistance as bulls target $2,500.
Pullix reaches a new milestone
Pullix has been gaining ground in the ongoing pre-sale.
The platform plans to introduce a hybrid trading platform that enables seamless trading of conventional and cryptocurrency assets.
Its native token, PLX, offers its holders access to specific services, discounts and staking rewards.
The token is trading at $0.1 in stage 7 of the pre-sale.
Conclusion
VeChain and ethereum are advancing their respective sustainability efforts. Pullix, a new defi project, has attracted more than 15,000 users in its pre-sale. Analysts expect further growth in the coming days.
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