According to Aggr News, a new Ethereum Layer 2 network incubated by Kraken is set to launch its INK token through an airdrop event, as reported by The Block. This development is expected to increase trading activity around ETH and related Layer 2 projects, generating potential volatility and arbitrage opportunities for traders. The airdrop could also drive higher on-chain activity and liquidity as users position themselves for eligibility, impacting Ethereum's (ETH) price and network utilization. Traders should monitor official channels for airdrop details and consider the effect on Layer 2 ecosystem tokens. Source: Aggr News via The Block.