The native token of Aergo, an open-source blockchain platform designed for businesses to build innovative applications and services, has recorded a notable price increase over the last 24 hours. According to data from CoinGecko, the asset surged by more than 50%, trading at $0.113 at the time of writing.
Despite the ongoing market struggles that have negatively impacted major assets like Bitcoin, AERGO has shown strong resilience with a notable increase in market activity. Its 24-hour trading volume recorded a remarkable 310.70% surge to more than $352 million. Additionally, the token has consistently performed well over the past 30 days, making it one of the most appealing assets in the market.
This impressive price surge was fueled by Aergo’s latest AIP-21 vote proposal, which aims to unify and expand its ecosystem.
🗳️ The AIP-21 vote is now live!
Head over to Snapshot to read the full proposal and cast your vote. Your participation matters — let’s shape the future of Aergo together.
🔗https://t.co/07U3X3hS82 https://t.co/4Q1LXUcjt7 pic.twitter.com/rGfTCz1B0A
— Aergo (@aergo_io) April 7, 2025
AIP-21 Vote Proposal Goes Live
According to the platform, the governance voting process for AIP-21 introduces the House Party Protocol (HPP), an initiative designed to foster sustainable growth. The proposal seeks to establish a new, unified ecosystem by integrating key projects of Aergo’s platform, including Aergo, Alpha Quark, Booost, and W3DB(VaaSBlock).
The integration enables these components to interact seamlessly, adding value across different industries. This initiative aligns with current trends in the Web3 and AI markets, aiming to accelerate development and adoption within the Aergo community.
Moreover, the project anticipates that integrating these four initiatives will likely enhance their collective impact through improved synergy, infrastructure development, and alignment toward common objectives. HPP plans to address the future of the blockchain market by building a dual-layer protocol: L1 for enterprise blockchain applications and L2 for on-chain and AI-specific workloads.
Unlike many projects focusing solely on on-chain activity, Aergo aims to stand out by delivering real-world, enterprise-grade applications. To achieve this goal, Layer 2 expansion and HPP integration have been introduced to adopt a more proactive approach.
Instead of passively waiting for regulation to evolve in its favour, Aergo is actively building infrastructure that can scale now while remaining ready to bridge public and private ecosystems at the appropriate time.
It is worth noting that the voting period, which will end on April 9, 2025, is being conducted on the Snapshot platform. Therefore, those interested in shaping the future direction of the Aergo ecosystem are encouraged to participate in the voting process. To participate in the vote, ensure your AERGO is in a supported wallet connected to Snapshot.
What is Aergo?
Aergo is an open-source hybrid blockchain platform designed to meet the needs of enterprises and developers by combining the benefits of both public and private blockchain architectures. This hybrid approach allows users to leverage the transparency and security of public blockchains alongside the performance and control of private networks.
The platform aims to offer flexibility in deployment and provides unparalleled speed, scalability, and performance. It supports smart contract development using Lua, a lightweight and easy-to-learn programming language. This makes it accessible for developers to efficiently create decentralized applications (dApps).
The platform supports SQL, allowing for easy data handling and familiar smart contract programming for developers. The native utility token, AERGO, is used to deploy smart contracts, staking, and pay for services within the ecosystem.