According to ChainCatcher news, data from the Web3 asset data platform RootData shows that in the past 24 hours, TAP led the Solana sector with a 55.18% increase, while SQR ranked second with a 43.06% increase. The specific rankings are as follows:TAP; 2. SQR; 3. SNS; 4. CHAT; 5. MPLX; 6. ZBCN; 7. SNS.

ChainCatcher news, Magic Square announces that Magic Launchpad is coming soon, allowing SQR staking for exclusive sales access.

Web3 app store Magic Square has announced the launch of the SQR token staking program, aimed at enhancing its utility and incentivizing community support for the ecosystem's growth.It is reported that, in addition to APR, staking participants will also receive SQRp points, which will grant them exclusive access to Launchpad sales on the Magic Square platform starting in the second quarter of 2024.

ChainCatcher news, according to CoinDesk, the Web3 app store Magic Square is using $66 million worth of its native SQR tokens to fund projects listed on its platform.According to its announcement, the ecosystem grant program includes 120 million SQR, which is 12% of the total token supply. These grants will help fund the initial marketing costs of selected applications and games to assist them in increasing their visibility on the platform and connecting with their target audience.