The native utility token of a South Korean Ethereum (ETH) rival is rallying after news of a new blockchain merger proposal. Layer-2 smart contract platform Klaytn (KLAY) leaped from a 24-hour-low of $0.189 to a high of $0.262, a 39% gain, following the announced proposal of a merger to create “Asia’s leading blockchain system.” KLAY The post Under-the-Radar Ethereum Rival Jumps Nearly 40% in Hours Amid a Proposed Blockchain Merger appeared first on The Daily Hodl .
