PlutusDAO prices reached an all-time high at $1.42
The PLS token’s price has risen 41% over the last 24 hours, and 170% over the course of the past week.
PlutusDAO launched plsRDNT. Arbitrum makes it simple for holders to earn RDNT.

PlutusDAO’s (PLS), price has risen 170% over the past seven days. Arbitrum-native Layer 2 governance platform is seeing massive network activity. According to data from CoinGecko, the price of PlutusDAO’s native token has spiked over 41% in the past 24 hours.

Data showed PLS price rose to $1.42 on Tuesday 21 March 2023, the token’s new all-time high. After trading at $0.95 earlier in day, PLS/USD traded at $1.38 Tuesday afternoon.

PlutusDAO Price: Why PlutusDAO rose 170% this Week

CoinGecko reported that the decentralised network saw a 50% rise in trading volume over the past 24 hours. More than $1,700,000.800 worth of PLS was traded so far today.

This suggests an increase in market activity. PlutusDAO’s announcement of plsRDNT as its fourth asset to their product portfolio, caused the price to soar. PlsAsset, which is for Radiant’s native token and money-market protocol on Arbitrum, was added to the portfolio.

“We’re excited to announce that $plsRDNT is now live on #Arbitrum! The best cross-chain money-market in crypto just got a massive upgrade – users can now earn max-locked yield without having to lock their tokens!” the PlutusDAO team tweeted.

Given PlutusDAO’s attractive rewards system for plsAsset stakers, the hype around Arbitrum looks to have aided an uptick in user activity. Radiant rewards can be earned by RDNT holders who have access to liquid staking via PLS.

You can find out more at blog post, PlutusDAO said plsRDNT stakers can earn from three possible fees sources —underlying locked liquidity tokens (dLPs), PLS emissions and from dLP-boosted plvRDNT, a new vault product on Radiant.