
Vitalik Buterin, a prominent figure in the cryptocurrency world, transferred 100 Ethereum (ETH), valued at approximately $325,000, to Railgun, a privacy-focused decentralized finance (DeFi) protocol. This transaction led to a significant surge in Railgun's token ($RAIL), which increased by over 130% in value shortly after the transfer, with the price jumping more than 140% in a single day. Railgun is known for enabling private transactions within the Ethereum network. The $RAIL token's market cap reached $100 million, and the liquidity pool was at $2.9 million.
Crypto community members speculated on X regarding why Ethereum’s Vitalik Buterin deposited $330,000 in crypto into Railgun’s privacy protocol https://t.co/F0gzmcaXbj
🚨JUST IN: $RAIL OF @RAILGUN_PROJECT JUMPS 130% AFTER SUPPORT FROM @VITALIKBUTERIN
vitalek put 100 eth through railgun today... and then tweeted about it $RAIL broke $100mm like i said............. future attention 🧠 https://t.co/IJqOPNqXsK
