A Coinbase-backed crypto asset briefly spiked by 166% on Wednesday after the project unveiled its treasury holdings and plans for the future. RLY Network (RLY), an ecosystem of on-chain consumer apps, shot up from trading around $0.015 on Wednesday all the way to a high of around $0.04 later that day. The 276th-ranked crypto asset The post Coinbase-Backed Crypto Asset Surges 160% in Just One Day Despite Recent Shutdown of Its Sidechain appeared first on The Daily Hodl .
