The Arena, the Avalanche ecosystem social protocol, tweeted that its ARENA token launch will be delayed until late July. The official said that considering the overall situation, the team believes this is the best decision for users, products and upcoming launch plans. In addition, the team will deploy the new secure wallet solution and will announce the token launch date 7 days before the launch. Tokenomics will also be released. Previously, The Arena tweeted that it has launched the V2 beta version to solve some of the product issues that have hindered wider adoption of the platform. Officials said they will release a series of new features to continue to improve the product and add new creator tools to achieve higher profitability.