Covalent Strategic Reserve Launch to Boost CXT Token
Covalent, a modular data infrastructure LAYER designed for blockchain and AI ecosystems, has initiated a strategic reserve launch aimed at enhancing the sustainability and growth of its native CXT token. The move underscores Covalent's commitment to long-term ecosystem development amid increasing demand for scalable data solutions.
The reserve mechanism is expected to provide stability while incentivizing network participation—a critical factor as the project competes in the crowded modular blockchain sector. Market observers note this aligns with broader trends of tokenomic innovation among infrastructure-focused protocols.