PANews reported on July 24 that according to The Block , the cryptocurrency exchange Kraken plans to integrate its INK token and Ink Layer 2 network into its existing core product system to serve global customers. Kraken said that this move will "unlock a new wave of application scenarios driven by on-chain protocols and infrastructure." As part of the plan, INK tokens will be included in the Kraken Drops reward program, and qualified users will receive airdrops. The Ink Foundation said that INK aims to maximize network utility rather than "speculation" and will not participate in the governance decisions of Ink Layer 2. It is mainly used for liquidity aggregation and incentive network application use. Kraken co-CEO Arjun Sethi said that INK will help "unify the infrastructure of on-chain and off-chain users" and promote the standardization of value flow. Since Kraken announced the upcoming airdrop of INK , the total value of Ink network lock-up has jumped from about US$ 20 million in June to more than US$ 102 million in July .