TLDRTechnical Breakout Fuels RallyKey Levels and Trading ConsiderationsMarket Context and Outlook Ardor (ARDR) price surged over 127% in the past week, reaching $0.1453 on April 16 Trading volume increased dramatically by 1,169%, reaching nearly $495 million About 89.46% ($177.5 million) of daily inflow comes from South Korean KRW trading pairs Market capitalization jumped to $141.22 million, moving ARDR into the top 250 cryptocurrencies The token broke through multiple resistance levels and is trading well above its 50-day EMA of $0.0657 Ardor (ARDR), a long-standing cryptocurrency project, has experienced a remarkable price surge over the past week. The digital asset jumped over 127% in seven days, with a single-day explosion of 130% on April 16, reaching $0.1453.
This price action has caught the attention of crypto traders and enthusiasts, making ARDR one of the top trending coins on CoinMarketCap.
The altcoin has seen its trading volume increase dramatically, with a 1,169% spike reaching nearly $495 million. This massive increase in volume has helped propel ARDR’s market capitalization to $141.22 million, elevating its position to among the top 250 cryptocurrencies globally.
What makes this price movement particularly interesting is the source of trading activity. Data shows that approximately 89.46% ($177.5 million) of the daily inflow comes from South Korean KRW trading pairs, suggesting strong regional interest in the token.
Technical Breakout Fuels Rally From a technical analysis perspective, ARDR has broken out from a long-term descending channel. The token has smashed through multiple resistance zones at $0.101 and $0.112, and now appears to be targeting higher levels around $0.140 and possibly $0.156.
Ardor Price on CoinGecko The price is trading well above its 50-day Exponential Moving Average (EMA) of $0.0657, indicating strong bullish momentum. This technical breakout has likely contributed to a short squeeze, forcing traders who were betting against ARDR to buy back their positions at higher prices.
Social media buzz and breakout discussions have further amplified interest in the token, creating a feedback loop of attention and price appreciation.
However, traders should note that the Relative Strength Index (RSI) is currently at 81.24, placing ARDR firmly in overbought territory. While this doesn’t guarantee an immediate reversal, it does suggest that some cooling off or consolidation may be likely in the near term.
Key Levels and Trading Considerations For traders looking at ARDR, several key price levels warrant attention. Support now sits at around $0.1277, which could provide an entry opportunity on a pullback. Resistance levels to watch include $0.1407 and $0.1565, where selling pressure might emerge.
The conversion of previous resistance levels into support zones confirms the strength of the current uptrend. However, chasing green candles at this stage carries risk.
Many experienced traders suggest waiting for a pullback toward the $0.127–$0.130 zone before considering entry. This area represents a previous consolidation level where fresh buyers may step in to support the price.
A potential trade setup might involve entering near $0.127 on a confirmed support bounce, targeting $0.156–$0.169, with a stop loss at $0.112 to manage risk.
Market Context and Outlook With a total supply of 998.46 million tokens, ARDR had previously been ranked 333rd by market capitalization at $91.43 million. The recent price surge has substantially improved its market position.
It’s worth noting that this is the first major price surge for ARDR since November 2024, making it difficult to predict short-term price action with certainty. The altcoin has demonstrated high volatility, and traders should approach with appropriate risk management.
If the current bullish sentiment persists, ARDR could potentially reach new multi-year highs. However, parabolic price movements rarely sustain indefinitely, and some form of correction or consolidation typically follows such explosive rallies.
New traders are advised to let the initial excitement settle and look for volume support before entering positions. Avoiding FOMO (fear of missing out) is crucial, as buying at local tops often leads to short-term losses.
For those monitoring the token, watching for RSI divergence or weakening volume while the price continues higher could provide early warning signs of momentum loss.
Ardor’s sudden return to prominence after years of relative quiet has certainly captured market attention. Whether this represents a temporary spike or the beginning of a more sustained rally remains to be seen, but the strength of the move suggests ARDR may remain on traders’ watchlists in the coming weeks.
Key NotesARDR price has surged over 100% to around $0.13 in just one day.24-hour trading volume spiked by 770%, reaching $547 million.Nearly 90% of inflows came via the KRW pair, hinting at possible bullish developments. Ardor ARDR $0.0246 24h volatility: 4.9% Market cap: $24.51 M Vol. 24h: $696.52 K has recently rallied over 100% in the past 24 hours to trade around $0.13. This explosive move has doubled its market cap to $140 million, pushing the altcoin to the 248th spot among the largest cryptocurrencies.
Notably, ARDR had been moving within a descending parallel channel since December 2024. However, since April 15, the chart has printed two massive green candles, signaling an abrupt break from months of bearish structure.
The altcoin has also seen a dramatic 770% rise in its 24-hour trading volume, currently at $547 million. As the broader crypto market largely recorded a slow motion, ARDR’s parabolic price movement led to curiosity across trading desks.
A Deeper Dive It is interesting to note that around 90% of the daily inflow was routed through the KRW trading pair. This has fueled speculations that a Korea-centric announcement or strategic partnership may be underway. However, no official confirmation has emerged yet.
Moreover, Binance recently added ARDR in its second batch of “Vote to Delist” tokens — a move that generally results in a price slump. However, the announcement appears to have ignited a defense from the community.
Many believe that the surge could be a coordinated effort by supporters to create a short-term demand shock and prevent the token’s removal from the exchange.
ARDR Price Outlook The latest ARDR price spike is its most aggressive move since November 2024, and while the momentum is undeniable, the sustainability remains under scrutiny.
Some market voices on X urge caution, recommending profit-booking to avoid potential FOMO-driven losses.
On the daily ARDR price chart, the RSI is around 81, deep into the overbought territory. While this shows strong buying pressure, it also raises concerns of a potential short-term pullback if bulls fail to maintain momentum.
Key immediate support lies around $0.10. A break below this could trigger further downside toward $0.08.
ARDR Price chart | Source: TradingView
Bollinger Bands are widely expanded, with the price currently riding well above the upper band. This signals heightened volatility and suggests that the price may soon revert toward the midline (20-day Simple Moving Average) at around $0.10 for consolidation.
ARDR Price chart | Source: TradingView
Meanwhile, the MACD has printed a bullish crossover, with both the MACD and Signal lines surging into positive territory. This supports continued bullish bias. However, traders should watch for a flattening or divergence, which could hint at weakening momentum.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
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A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.
Ardor leads April 16 gainers with a 131% surge, topping Binance-based altcoin activity. Utility and DeFi tokens like FUEL, SNT, and SPA see rising volumes on Gate.io and CoinEx. Altcoin market shifts as small to mid-cap tokens attract investor interest and trading volume. The crypto market experienced a mid- and low-cap tokens surge on April 16, with Ardor (ARDR) leading the day’s top gainers. According to Phoenix Group data, ARDR jumped 131.3% within 24 hours, closing at $0.14.
The price increase brought Ardor’s market capitalization to $141.4 million. Most of its trading volume was reported on Binance, where the token saw strong buyer activity. The move’s impact placed ARDR at the top of the leaderboard among altcoins, signaling a short-term shift in market positioning.
Fuel Network, Status, and Sperax Among Top Movers Following ARDR, Fuel Network (FUEL) posted the second-highest gain of the day with a 56.4% increase. FUEL traded at $0.01 by session close and reported a market capitalization of $61 million. Although it remained one of the lower-priced assets, the percentage change pushed it into the spotlight. The data indicates growing traction in microcap utility tokens.
Status (SNT) also posted a gain of 46.8%, followed by Sperax (SPA), which rose 41.4%. These assets, traded on Gate.io and CoinEx, demonstrated rising activity across DeFi-focused platforms. Their combined performance contributed to a lift in the utility token segment during the day’s trading session.
Pump.Fi and MANTRA Show Strong Closes Pump.Fi (PUMP) gained 31.2% to finish the day at $0.14. Its total market capitalization reached $40.2 million, placing it among the top five gainers by percentage and volume. The day’s price action for PUMP indicated a sharp increase in trading interest.
MANTRA (OM) rose by 25.6% and closed at $0.77. It closed the day with a market capitalization of $754911680, positioning it as the largest of the ten leading gainers. Although the actual percentage increase in OM was comparatively less than the companies mentioned earlier in the list, the actual increase in value coupled with a bigger market cap made it one of the highlights of the session.
GFI, SynFutures, and ARK Report Notable Rises Goldfinch (GFI) saw a daily increase of 24.4%, trading near its recent highs. SynFutures (F) followed with a 22.5% gain, despite having one of the lowest trading prices on the list at $0.01. ARK also posted a 22.4% increase, closing at $0.14 with a market capitalization of $96 million.
MyShell (SHELL) completed the day’s top ten with an 18.3% gain. The token traded at $0.06 and reached a market cap of $35.6 million. Binance held most of its trading volume, which was consistent with trends seen across other top gainers on the list.
Market Sentiment Shifts Toward Small-Cap Tokens The collective performance of these tokens on April 16 points to increased investor interest in small to mid-cap assets. While no single sector dominated the day’s gains, the list included a mix of utility tokens, infrastructure platforms, and DeFi projects.
This is a sign of increased trading traffic, especially on the less-known digital currencies and tokens. It means that capital is flowing into the altcoins market, and low-graded tokens are experiencing increasing trading volumes.
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In the volatile cryptocurrency market, DeFi Development Corp. has made a significant move in capital management. Renowned for its Solana $68 (SOL)-focused treasury model, the company recently announced a substantial expansion of its share buyback program. Previously authorized at $1 million, the buyback authorization has been increased to $100 million by the board of directors. This decision reflects the company’s confidence in its long-term strategy.
According to DeFi Development Corp., the company is authorized by the board to conduct share buybacks depending on market conditions. Following the initial purchase of $10 million, further updates will be provided to the board. The repurchased shares will either be canceled entirely or held in the treasury stock. This flexibility allows the company to implement more effective capital management in response to market fluctuations.
This step not only aims to increase shareholder value but also to support investor confidence in the digital asset sector, marked by uncertainties. The management highlighted that the timing and size of the buybacks could vary with market liquidity, corporate priorities, and overall conditions.
Market Outlook for SolanaDespite these positive steps, Solana’s price remains under short-term pressure. At the time of writing, SOL is trading at $205.50, having lost 2.29% in the past 24 hours and 17% over the last week. However, analysts remain optimistic about the long-term outlook. Market analyst Trader Tardigrade notes that Solana has been forming a massive Wyckoff reaccumulation pattern on the weekly chart, lasting over 640 days, which could potentially lead to a strong breakout.
Technically, the $120-$200 range is seen as support, while the $230-$240 region is considered a critical resistance zone. A weekly close above $240 could potentially open the doors for a move toward $300.
Despite the downturn in Solana’s value, institutional support remains significant. For instance, Binance Labs recently allocated a $50 million investment fund for DeFi projects, which plays a role in restoring confidence amidst market fluctuations. DeFi Development Corp.’s initiative could similarly bolster investors’ long-term perspectives.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
PANews reported on September 26th that, according to Blockworks , Genie founder Scott Gray launched the social trading app Share , securing $5 million in funding from investors including Coinbase Ventures , Collab+Currency , and Palm Tree Crypto. Share supports the three major public blockchains: Solana , Base , and Ethereum , providing real-time insights into users' on-chain transactions and allowing them to track wallets, view market trends, and trade tokens. Each wallet automatically generates a Share profile, allowing users to link multiple wallets and Farcaster accounts. Share will compete with similar products like Fomo and the social features of giants like Robinhood and Coinbase.
DeFi Development Corp. has announced a strategic collaboration with Gauntlet. The firm, known for its expertise in vault curation and risk management, will provide DeFi Development Corp. with advanced yield strategies deployed through the Solana-based platform Drift. This move makes DeFi Development Corp. the first public Solana Digital Asset Treasury (DAT) to leverage a curator for complex onchain activity.
The company’s goal is to maximize its $SOL Per Share (SPS), a metric that tracks how much Solana each shareholder effectively holds. By moving beyond traditional staking and into risk-adjusted yield generation, DeFi Development Corp. aims to deliver superior capital efficiency across its treasury.
Leveraging Liquid Staking with $dfdvSOL At the heart of this initiative is $dfdvSOL, a liquid staking token adopted by DeFi Development Corp. in May 2025. This token enables treasury assets to remain liquid while being deployed into yield-generating strategies across Solana’s DeFi ecosystem. Unlike conventional staking, which historically yields about 7% annually, the strategies curated by Gauntlet target returns in the 10 to 20 percent range through hedged liquidity provision.
The strategy involves four key steps. First, users (including DeFi Development Corp.) deposit $dfdvSOL into a Gauntlet-curated Drift vault called dfdvSOL Plus. Second, the vault uses $dfdvSOL as collateral to borrow $USDC through Drift Lend. Third, the borrowed funds are deployed into a basis trade across Drift and Jupiter DEX, and the yield generated is converted back into dfdvSOL. Finally, Gauntlet’s optimization engine actively monitors and adjusts the positions to maintain efficiency and manage risks.
Beyond Staking: Capital Efficiency as a Differentiator “Our mandate is clear: to be the most innovative and effective Solana treasury. This partnership with Gauntlet is a direct execution of that mission. We are not passive holders; we are focused on productive, onchain activity that leverages the full power of the Solana ecosystem. By allocating capital to sophisticated, risk-managed strategies like those curated by Gauntlet on Drift, we are actively working to compound our $SOL holdings and create a durable competitive advantage.” - Joseph Onorati, CEO of DeFi Development Corp.
Gauntlet’s Head of Institutional Partnerships, Rahul Goyal, echoed this view. He remarked, “Gauntlet’s purpose is to make DeFi more efficient for institutions within strict risk parameters. DFDV is a true innovator, and their forward-thinking approach to treasury management is a perfect match for our capabilities.”
Traditional staking has long provided a straightforward but limited means of earning yield. By contrast, DeFi Development Corp.’s integration of Gauntlet strategies reflects a shift toward maximizing capital efficiency. This hands-on treasury management sets the company apart from competing DATs and from alternatives such as Solana ETFs, which typically rely on simple staking or accumulation strategies.
SPS as a Central Metric $SOL Per Share (SPS) remains the key measure of value for DeFi Development Corp. In July, the company projected 261 percent growth in SPS by mid-2026, with a target of one $SOL per share by 2028. At that time, SPS stood at 0.0457. The metric has since risen to 0.0816, representing a 94 percent increase over the past three months.
Interestingly, the company’s compensation framework for executives and the core treasury strategy team directly ties bonus outcomes to growth in $SOL per Share, aiming to align management incentives closely with long-term shareholder value. The first bonus target, set at 0.085 SPS, is already within reach.
What Has DeFi Dev Corp. Been Up To? The Gauntlet partnership builds on a series of significant moves by DeFi Development Corp. In September, the company acquired over 250,000 $SOL, bringing its total treasury to 2.1 million $SOL, valued at approximately $411 million. This ranks the firm as the entity with the third-largest Solana treasury, according to Strategic Solana Reserve data.
The company has also expanded internationally. It launched Britain’s first $SOL DAT through DFDV UK and recently entered the Korean market by partnering with Fragmetic, a Solana restaking protocol, to launch Korea’s first publicly traded $SOL DAT. In addition, DeFi Development Corp. authorized an expansion of its stock repurchase program from $1 million to $100 million earlier this week.
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The U.S. SEC has suspended trading in the QMMM stock following a nearly 1,000% increase in just three weeks. The spike happened after the company announced its Solana treasury allocation in its crypto treasury. The commission’s move suggests that market manipulation may have taken place.
SEC Flags Concerns Over QMMM Rally After Solana Treasury Allocation According to Bloomberg, the SEC has halted trading in the QMMM stock after it rallied by 959% upon the announcement of its pivot into digital assets through a Solana treasury strategy and blockchain-driven analytics.
The company had revealed plans to build a $100 million portfolio targeting Solana, Bitcoin, and Ethereum, while also investing in long-term Web3 infrastructure projects. The news immediately triggered a reaction.
The QMMM shares soared by nearly 1,000%, reaching a high of $207 before retreating to $88 in after-hours trading.
The regulator cited “recommendations on social media by unknown persons” as possible drivers of the surge. This suggests the rally cannot be based solely on the crypto treasury announcement.. This suggests market manipulation could be at play.
QMMM was not alone. The SEC also suspended Smart Digital Group Ltd. for similar reasons. This extends the crackdown on small-cap firms that have leveraged crypto narratives to draw investor attention.
The company’s announcement of a Solana treasury holding was previously hinted at as the main driver behind the rally. By including the Solana treasury allocation alongside Bitcoin and Ethereum, the firm positioned itself among the growing trend of crypto treasury companies diversifying assets.
However, the commission’s move highlights the dangers of overly linking stock prices to speculative crypto treasury announcements, like this Solana treasury allocation announcement. Regulators remain cautious of overstated claims or artificially inflated demand, despite such tactics becoming increasingly popular.
Yahoo Finance reports that QMMM stock was trading at $119.40 before the freeze was implemented.
Source: Yahoo Finance; QMMM Price Daily Chart Wider SEC Scrutiny Amid Market Manipulation Fears The suspension move from the SEC fits into a broader enforcement trend. Both the Trump and Biden administrations have targeted social media-driven touting schemes in digital assets.
More recently, Paul S. Atkins, SEC Chair, announced a Task Force to investigate pump-and-dump activities across crypto markets. This illustrates the agency’s increased attention to detail.
This task force comes amid a backdrop of questionable trading activity in the digital asset space. For example, analysts shared that MYX Finance’s price was manipulated after it surged 270% in just 24 hours.
Similarly, speculation has swirled around a top crypto exchange. Coinbase fell out of XRP’s Top 10 exchanges in terms of reserves. Critics suggested the platform may have reduced exposure to avoid liquidity risks during XRP’s all-time highs.
These events show the regulator’s concern that traded assets and speculative hype could encourage manipulative environments.
In brief Bakkt's share price was up about 17% on Tuesday. Benchmark raised its price target to $40, highlighting three areas for potential growth. The investment bank called the stock's recent rally "a validation" of moves Bakkt CEO Akshay Naheta has made. Bakkt Holdings stock price jumped 17% on Tuesday, adding to its recent rally after Benchmark Company more than tripled its one-year price target on the provider of digital asset services to $40.
The investment bank noted growth potential in Bakkt's three main businesses—crypto infrastructure, stablecoin payments, and crypto infrastructure—and its Bitcoin treasury, and called the stock's 170% price jump over a two-week period earlier this month "a validation of the moves" the company's CEO Akshay Naheta has made since taking over his role in August.
"BKKT remains an attractive buy even after its sharp run-up as it continues to screen as inexpensive relative to both its growth potential and peers in the Fintech/digital asset ecosystem," Benchmark analyst Mark Palmer wrote. "While the stock’s surge reflected newfound attention on the company... we do not believe it has come close to fully reflecting the breadth of its optionality across three high-growth themes."
Bakkt was recently changing hands just above $30, its first time above that threshold since late January, although it's down 97% since reaching an all-time high above $1,060 in 2021, according to Yahoo Finance data. It has struggled to crack $10 for much of the year. That performance prompted the company to reposition itself.
In his note, Palmer called BKKT's valuation "modest" relative to those of other prominent publicly traded crypto firms, including Coinbase, Circle, and Robinhood. Palmer lauded the recent addition of veteran crypto industry investor Mike Alfred to the Bakkt board.
"Mr. Alfred’s current role running private investment partnership Alpine Fox LP, alongside his board positions with digital infrastructure companies such as [Bitcoin miner] IREN, means he brings experience with capital allocation and scaling companies that should add rigor to BKKT’s decision-making process," Palmer wrote.
Bakkt's share price jumped past analysts' one-year consensus target after announcing Alfred's appointment. Other initiatives have also seemed to give Bakkt tailwinds.
In July, Bakkt announced that it had sold its loyalty rewards business for $11 million as it looked to focus more tightly on digital asset infrastructure.
The sale aimed to streamline operations and allow the company to focus on core crypto services, including custody, stablecoin payments, and tokenized assets. In the second quarter, its crypto business generated more than $568 million in revenue, while the loyalty unit brought in some $10 million.
In June, Bakkt notified the U.S. SEC of plans to sell up to $1 billion in securities to provide fresh capital for a possible expansion of its corporate treasury to include Bitcoin. That followed less than three weeks after the company updated its investment policy, allowing it to include Bitcoin and other digital assets as part of a broader treasury strategy.
Palmer initiated coverage just eight days ago with a price target of $13, saying the company was "poised for a fresh start."
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David Schwartz has announced that he will step down as Ripple's chief technology officer at the end of the year after more than 13 years at the company.
"The time has come for me to step back from my day-to-day duties as Ripple CTO at the end of this year. I’m really looking forward to spending more time with the kids and grandkids and going back to the hobbies I set aside," he said.
Schwartz was appointed as the company's CTO back in July 2018. Before him, this role was held by Coil CEO Stefan Thomas and Ripple/Stellar co-founder Jed McCaleb.
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In his statement, Schwartz stressed his appreciation for the company and the community, describing his time at Ripple as "one of the greatest honors and experiences of his life."
As happens in one’s life, I’ve been taking stock of my last 40 years. It’s been a wild ride. I’ve gone from consulting for the NSA to watching the early stages of Bitcoin. Then, I met Arthur, Jed, and Chris and worked on coding the XRP Ledger. Now, I’ve spent more than 13 years…
— David 'JoelKatz' Schwartz (@JoelKatz) September 30, 2025 He has also expressed his gratitude to Ripple's leadership (CEO Brad Garlinghouse and President Monica Long), co-founders Chris Larsen and Arthur Britto, as well as the RippleX team.
Joining board of directorsSchwartz has confirmed that he is not breaking ties with Ripple. In fact, he will be joining the company's board of directors. He will also remain involved as CTO Emeritus.
"I look forward to seeing the rest of you at XRP community events around the world," he said in a statement.
"You are my boss now?" Ripple's leadership has already reacted to Schwartz's upcoming exit. Garlinghouse has described Schwartz as "the smartest (and maybe the funniest) person" he personally knows. "A true OG in crypto with the conviction and vision to see what others couldn’t - you are a legend," he added.
He has also jokingly suggested that Schwartz will be his boss after joining the company's board of directors.
The smartest (and maybe the funniest) person I know. A true OG in crypto with the conviction and vision to see what others couldn’t - you are a legend. Thank you David for everything you’ve done for the industry, for Ripple and for the XRP Ledger. We are all forever grateful…… https://t.co/tt4uX4JlkV
— Brad Garlinghouse (@bgarlinghouse) September 30, 2025 Long has acknowledged that the "mighty community" would not have existed without Schwartz. "I deeply respect your ingenuity, integrity, humor, and humility, which you demonstrate daily..." Long said.
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Cardano (ADA), the tenth largest blockchain by market capitalization, invites its enthusiasts to share their insights on ecosystem initiatives, developer experience, engineering tooling and so on. The survey launches for the fourth time as Cardano (ADA) DeFi TVL is growing.
2025 Cardano developer ecosystem survey kicks offAccording to the official announcement by Cardano Foundation, a nonprofit organization that oversees the Cardano (ADA) ecosystem, its traditional annual survey just opened. Every Cardano (ADA) community participant can share their take on the progress, developer relations, tooling and adoption workloads for Cardano (ADA) and associated solutions.
Developers, we need your voice. 🛠️
The 2025 Cardano Developer Ecosystem survey is live. 10–15 minutes of your time helps to improve the tools, libraries, and docs you use every day.
Your feedback → better infrastructure for all Cardano builders.https://t.co/4V4SuO6j1V pic.twitter.com/9Gj9MKa7WF
— Cardano Foundation (@Cardano_CF) October 3, 2025 The survey launched today, on Oct. 3, 2025. According to the organizers, the completion of the survey will take 10-15 minutes.
In particular, participants are invited to focus on developer tools, libraries and documentations for various Cardano (ADA) services and instruments.
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Commenting on the launch of the survey, the Cardanians proposed to add more language localizations to documentation portals and enhance Cardano Signer, an open-source multifunctional tool that can sign and verify data, with the Command Line Interface.
As covered by U.Today, Cardano's (ADA) Charles Hoskinson values the new partnership between his blockchain and NEAR Protocol.
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The two teams will work together on AI-native instruments for data and other use cases at the intersection of AI and Web3.
Cardano (ADA) DeFi TVL adds 37% in three monthsWhile the global cryptocurrency markets are back to surging, so is the Cardano (ADA) DeFi ecosystem. In just three months, its aggregated total value locked (TVL) surged from $256 million to over $350 million, DeFiLlama data says.
Image via DeFiLlamaIn total, Cardano (ADA) is a tech basis for over 50 DeFi protocols: decentralized stablecoins, DEXes, lending protocols and so on.
Lending protocol Liqwid is responsible for over 30% of Cardano (ADA) DeFi TVL, while MinSwap, Indigo and Splash Protocol also demonstrate notable traction.
In 2025, few narratives have gained as much traction on Solana as real-world assets (RWAs). From stablecoins to liquid staking tokens, the network has consistently proven itself as fertile ground for adoption, liquidity, and innovation. Tokenized equities are now emerging as the latest breakout theme, bringing Wall Street’s most recognizable names onto Solana’s permissionless rails.
Solana stands as the leading blockchain for trading tokenized equities. In the past 30 days, more than 95.6% of total trading volume on DEXs occurred on Solana. Gnosis followed with 1.98% and Ethereum ranked third with 1.83%. The only exception was September 26, when Ethereum’s share briefly climbed above 30% while Solana maintained 67%. On all other days, Solana’s share consistently remained above 89%.
Until recently, xStocks was the sole provider of tokenized stocks on Solana. The launch of Remora Markets in September marked a turning point, shifting tokenized equities from a single-player experiment into a competitive and fast-expanding sector.
Trading Volumes Are Climbing Over the past 30 days, daily trading volume for tokenized equities on Solana has ranged between $570K and $6.1M, with cumulative activity surpassing $70M across DEXs.
While xStocks still drives the majority of this activity, Remora’s entry has added fresh momentum. Trading volumes on the platform surged in mid-September, hitting over $605K on September 16, an impressive milestone for a project in its first month.
Trading patterns also show a weekly rhythm. Despite being available 24/7, volumes dip noticeably on weekends, reflecting traditional market cycles even in a fully digital and permissionless environment.
Tesla Dominates the Flow Among listed equities, Tesla has emerged as the centerpiece of trading activity. Across both platforms, Tesla-linked tokens account for between 29.6% and 83.22% of daily volume.
Remora’s $TSLAr and xStocks’ $TSLAx consistently lead, with traders exploiting price gaps between onchain tokens and the stock market value. On September 18, $TSLAr traded at an average of $299 while Tesla stock closed at $416. Two days later, $TSLAr jumped to $412, creating an arbitrage opportunity of more than 37%.
Similar gaps have appeared in $TSLAx as well. On September 10, the token traded at $295 while Tesla’s stock stood at $347, offering a 29% spread that narrowed when $TSLAx rebounded to $382. These cases show how tokenized equities not only replicate traditional markets but also unlock new trading strategies unique to crypto.
AUM and Adoption In terms of assets under management, tokenized equities on Solana are still at an early stage but expanding quickly. xStocks anchors the space with more than $88M AUM, while Remora has already grown to $3.5M AUM after just one month.
Adoption metrics underline the momentum. More than 1,800 wallets traded on Remora in the past 30 days, completing over 10,000 transactions. Across both platforms, between 600 and 2,300 daily active traders are participating. At peak, xStocks attracted over 2,200 daily traders, while Remora crossed 260 wallets in a single day, signaling rapid grassroots demand.
Why It Matters The rise of tokenized equities on Solana extends the network’s track record of transforming financial primitives into liquid, composable assets. Without KYC or geographic restrictions, users anywhere can trade equities such as Tesla and NVIDIA at any time of day.
This accessibility does more than democratize access. It creates an entirely new layer of DeFi activity, where arbitrage, liquidity pooling, and yield strategies can be applied to real-world equities. The blending of TradFi with DeFi has the potential to become one of Solana’s most impactful innovations.
Looking Ahead With more than $70M in trading volume over the past 30 days, tokenized equities are establishing themselves as a credible market vertical on Solana. Much like stablecoins and liquid staking tokens, which reshaped the ecosystem through competition and innovation, tokenized equities appear poised to follow a similar trajectory.
Disclaimer: Remora Markets and SolanaFloor are owned and operated by Step Finance
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The Reason Solana Traders Are Switching to Kinetic NOW!
We reached out to some of the crypto's leading platforms and projects and asked their top executives to provide unfiltered takes on the industry's most interesting narratives and topics. The submissions we received were broad, ranging from unparalleled insights into crypto ecosystems, to the future of social media and RWAs. Here's what they sent us...
The Creator Economy Doesn’t Exist Yet. But It Can.[Alexandru Iulian Florea, Founder and CEO of Ice Open Network]
If the news from this summer is anything to go by, the creator economy is shooting into the stratosphere — and the Big Tech boys all want you to believe they’re lifting it up.
TikTok raised its creator payouts in August, promising $0.40–$1.00+ per 1,000 views for long-form video. X tweaked its ad revenue sharing and subscriptions. And eMarketer says US creators will move more than $10.5 billion in brand deals this year. Globally, the creator economy is projected to hit $191.55 billion in 2025 and surpass $528 billion by 2030.
The numbers are breathtaking. They look like proof that creators are finally in charge, that they’re an economy in their own right. But let’s not kid ourselves: scale doesn’t equal sovereignty.
We’ve all heard the cliché that creators are building on borrowed land. The reality is harsher. It’s not borrowed — it’s a walled garden where the digital landlord holds the keys. What we call the creator economy is, at best, a subdivision of the digital landlord economy. Platforms own the ground. Creators pay the rent. That’s not empowerment — it’s tenancy.
And not even the kind of tenancy you get with real property, where contracts, notice periods, and tenant rights give you some protection. In the digital landlord economy, the rules change overnight. Algorithms shift. Payout formulas vanish into black boxes. Your entire audience can disappear without warning. These are landlords with monopoly power — and they’re the worst kind of landlord.
Bigger checks don’t fix the foundation. As long as creators are tenants, the wealth they generate — in engagement, data, and cultural capital — will always flow back to the landlords.
The real next step isn’t higher payouts. It’s ownership — of identity, of data, of community, of digital footprint. That’s what makes a true creator economy.
That’s the premise of Online+: the decentralized social layer where creators own the ground they build on. Rewards are transparent. Value flows directly to the people who generate it. Community belongs to its members, not to a landlord’s servers.
Because even the biggest of castles, when built on shaky foundations, will collapse. What the world needs is a creator economy that stands on its own soil — not as a tenant of the digital landlord economy, but as a free, sovereign ecosystem.
The shift won’t come from gimmicks or payout tweaks. It will come from decentralization — from platforms that put creators in control.
The creator economy doesn’t exist yet. But it can. And if you’re a creator, it’s time to stop renting your future.
Can blockchain restore trust in digital advertising?[Olena Buyan, Chief Product Officer (CPO) at Verasity]
Trust has always been the currency of digital advertising. Advertisers need to know their budgets are reaching real human audiences and publishers need confidence that they’re being fairly compensated for the genuine attention their content generates. Yet in today’s digital ecosystem, that trust has eroded. Black-box platforms, opaque reporting, and the perpetual rise of ad fraud have left both sides second-guessing the numbers on their dashboards.
Legacy (Web2) ad tech has long tried to plug these gaps with layers of intermediaries and proprietary verification tools. Ironically, these tools are often controlled by the very same platforms they are meant to audit, leaving advertisers and publishers with no choice but to trust the platforms' own data and reporting — with little external accountability.
Blockchain flips this dynamic by making verification a neutral, tamper-proof part of the infrastructure itself. By design, blockchain technology is immutable and transparent, qualities that make it ideally suited for verifying impressions. Instead of relying on third-party reports or walled-garden metrics, every impression can be independently recorded and checked on an open ledger. Advertisers gain the assurance that their spend is being directed toward real engagement, while publishers can prove the true value of their audiences.
What this really delivers is a shared source of truth. Instead of advertisers and publishers relying on separate dashboards and conflicting reports, both sides can align on a single, verifiable record. This not only reduces disputes, but also opens the door to fairer pricing models, stronger partnerships, and ultimately, a healthier digital ad economy.
At Verasity, we’ve built our advertising infrastructure with this principle at its core. Trusted by partners across global markets, our AI, ML, and blockchain-powered fraud detection ad tech provides an auditable record of every ad view. For advertisers, that means budgets that reach real verified audiences. For publishers, it means higher CPMs. Most importantly, it means moving the digital advertising industry closer to what it has always needed: trust.
Core's Most Important Milestones[Dan Edlebeck, Marketing Contributor at Core DAO]
Core is cementing its lead in Bitcoin DeFi with $317M TVL, the highest among Bitcoin-powered chains. Network security is also at record levels - 248.8M CORE and 5,153 BTC staked, with 98% of Bitcoin blocks delegated in the past week.
Accessibility is expanding fast: the Ledger app now supports BTC timelocking and CORE staking (~5% APY) from hardware wallets, Garden Finance enables native BTC -> Core bridging, and BitGo is integrating Core into institutional custody and compliance flows.
A major milestone landed this month, the first Bitcoin Staking ETP on the London Stock Exchange went live, powered by Core and Valour - bringing regulated, yield-bearing Bitcoin exposure to one of the world’s top financial markets. This validates Core’s infrastructure as the bridge for institutional Bitcoin adoption.
Ecosystem launches are reinforcing Core’s identity as the Bitcoin Everything Chain. Molten Finance established itself as the flagship DEX with $5M+ in its first Mission campaign. Volta Market expanded into derivatives with BTC/CORE perps with up to 250x leverage, while BITS Financial and AUSD are delivering native Bitcoin yield and stablecoin infrastructure. Taicho, an AI Agent from Akka Finance, also debuted - letting users swap, lend, stake, or farm on Core simply by typing their intent.
Yield opportunities are multiplying - from Colend’s boosted stCORE promos to Vault Layer × ASX RWA strategies (~24.9% APY), users now have multiple ways to put BTC and CORE to work. b14g’s new WBTC Vault adds to this momentum, offering ~8.7% APY, one of the highest BTC yields in DeFi.
For builders, the Core Commit Program (Cohort 2 now open) provides mentorship, visibility, and incubation pathways. Alongside it, the Core Builder Sprint rewards consistent, high-quality contributions from developers of all levels, strengthening the pipeline of innovation on Core.
With upcoming showcases like Bitcoin Fusion at TOKEN2049 Singapore, Core is proving it’s not just leading in TVL - it’s building the infrastructure for Bitcoin to shift from passive capital into an active, yield-generating asset class.
Why Real-World Asset Investments in DeFi Need Both Liquidity and Yield[Ben Antes, Co-Founder of ASX]
As real-world assets (RWAs) make their way into decentralized finance (DeFi), the promise is compelling: investors can earn attractive yields on tokenized assets like bonds, real estate loans, or private credit while enjoying the transparency and speed of blockchain. But there’s a hidden tension here that many projects are struggling to solve: how to deliver high yields from long-term investments while also providing liquidity so investors can exit when they want.
Traditional finance faces the same issue. A bank lends out money in illiquid loans but promises depositors instant withdrawals. In DeFi, the problem is magnified: investors expect both the higher returns of private credit and the quick exit options of crypto trading that they are used to. But every dollar tied up in a long-term, yield-bearing loan or real world asset is a dollar that can’t instantly be returned to someone cashing out.
When too much capital is locked in illiquid assets, redemption requests can create stress, forcing projects to either pause withdrawals or sell assets at a loss. On the other hand, holding too much cash or low-yield collateral to meet redemptions eats into returns, making the investment less attractive. There is no reason to supply liquidity to a market for a fundamentally inferior yield.
This “liquidity versus yield” trade-off has already tripped up some RWA protocols. Many have learned that low secondary market trading for RWA tokens leaves investors stuck, even if the underlying asset is performing well. Others have been hit by timing mismatches, where loans pay out quarterly, but investors want monthly liquidity.
Ultimately, for RWAs to thrive in DeFi, projects must engineer systems that let investors earn the attractive yields of long-term assets without feeling locked in. Striking the right balance between yield and liquidity isn’t just a technical challenge—it’s the key to making tokenized real-world assets a mainstream financial reality.
Solving this problem on-chain can create the holy grail of yield bearing real world assets.
[Disclaimer: The content in this newsletter was provided by third parties and does not necessarily represent the views and opinions of BSCN. Cryptocurrency is always risky. You should always do you own research before interacting with any crypto platform or asset. For feedback or to be featured in BSCN's next opinion article, please reach out to [email protected]]
PANews reported on October 8th that Gate Alpha officially launched its Chinese Meme Coin Ecosystem Creation and Trading Event at 5:30 PM (UTC+8) on October 8th. During the event, users will need to quickly launch tokens using zero-code tools on the Gate Fun official website. Tokens that meet the theme requirements and complete liquidity migration (graduation) will receive an exclusive bonus of 1,000 GT based on market capitalization ranking. The top 100 participants who graduate their tokens will also share a 2,000 GT prize pool. Up to one eligible token project will be selected from this event to be listed on the Gate spot trading market for free and added to the GateLayer ecosystem's key support list.
Gate Alpha now supports popular public chains such as SOL, ETH, BNB Chain, Base, SUI, ARB, World Chain, AVAX, POLY, LINEA, ZK and OP. It can also realize seamless transactions of all-chain tokens through the contract address search function, open up cross-chain transaction links, and realize one-click access to all on-chain tokens.
Ethereum’s treasury stocks are starting to exhibit early signs of a potential market reversal, sparking renewed optimism across the cryptocurrency landscape. This movement among treasuries often serves as a leading signal of shifting sentiment within the broader ETH ecosystem.
A Look At The Data Behind Ethereum On-Chain Recovery In a subtle shift that suggests the broader market may be stabilizing, Ethereum treasury stocks are beginning to flash early signs of reversal. Despite these encouraging signals, Ethereum remains well below its all-time high (ATH). Investor Ted Pillows pointed out on X that the institutional interest will only return once the charts show sustained momentum over several weeks.
Ted believes that for ETH to reclaim its ATH and hinges on capital inflow, it requires the same kind of large-scale liquidity injection the network experienced in July and August, which are critical to fueling the next leg higher.
SharpLink Gaming Inc., a prominent corporate holder of ETH, has reported strong compounding returns from its treasury strategy asset. In the past week alone, the company generated 451 ETH in staking rewards, which is utilized through both liquid and native staking. Since the launch of its ETH treasury strategy on June 2, 2025, SharpLink’s total cumulative ETH staking rewards have now reached an impressive 4,723 ETH.
Source: Chart from Ted Pillows on X According to the company, 100% continuous generation of yield is the amount of its ETH treasury, which is currently generating approximately $370,000 worth of ETH every day, showcasing ETH’s unique ability to generate yield while maintaining liquidity. SharpLink highlighted this as the reason the altcoin stands out as a superior treasury asset, which is productive, yield-bearing, and constantly compounding in value.
Despite the strong performance, the firm confirmed there were no new ETH purchases or stock buybacks over the past week, which means there won’t be a new press release for now. The company’s focus remains clear: “the asset is ETH, and the ticker is SBET,” SharpLink noted.
Ethereum Market Share Is Moving Exactly As Scripted Technical analyst Umair Crypto has noted that Ethereum dominance is currently at a critical juncture, having completed the first half of a projected move and now setting the stage for the second half.
This view anticipates a rejection from the current resistance area on the dominance chart toward the lower level for ETH Dominance, which will likely lead to a price correction where the next bounce for ETH will form. Umair concluded that the altcoin itself could experience a short-term correction once the move unfolds before reclaiming momentum for the next leg higher.
ETH trading at $4,488 on the 1D chart | Source: ETHUSDT on Tradingview.com Featured image from Adobe Stock, chart from Tradingview.com
TLDR:Strategic Pause to Align With Bitcoin GoalsEvolving Capital Strategy for Long-Term ValueGet 3 Free Stock Ebooks Metaplanet suspends stock rights exercise from Oct. 20–Nov. 17, aiming to optimize Bitcoin yield and funding strategy. The freeze affects EVO Fund’s 20th to 22nd stock acquisition rights, covering 398 million potential shares. The company says the move supports flexible capital management to boost long-term shareholder value. President Simon Gerovich affirms the firm’s focus on refining financing tools and expanding Bitcoin holdings. Metaplanet is tightening its grip on capital management while strengthening its Bitcoin position.
The Tokyo-based firm has announced a suspension of its 20th to 22nd series of stock acquisition rights, issued to EVO Fund earlier this year. The temporary freeze, starting October 20 and running for 20 trading days, marks a shift in the company’s funding tactics.
The move reflects a more focused approach toward maximizing its Bitcoin yield and long-term shareholder value. The company shared the update through an official release and a statement from its president, Simon Gerovich.
Strategic Pause to Align With Bitcoin Goals According to Metaplanet’s notice, the suspension affects all remaining unexercised stock acquisition rights issued in June 2025. These include the 20th, 21st, and 22nd series totaling hundreds of millions of shares. The exercise will remain halted through November 17, under an agreement with Evolution Japan Securities.
Metaplanet described the move as a proactive measure to “strategically manage its capital formation.”
By pausing exercises, the company aims to create room to reassess funding routes while maintaining flexibility in future financial decisions. The suspension is part of its effort to optimize capital structure as Bitcoin markets continue to evolve.
Simon Gerovich, Metaplanet’s president, stated that the company is refining its capital-raising methods to strengthen its growth foundation.
He explained that Metaplanet has developed “the ability to harness a variety of financing tools” as it continues to expand its Bitcoin holdings. His statement, shared on X, reflects the company’s ongoing focus on boosting BTC yield through disciplined management.
Metaplanet has a strong foundation for growth and has developed the ability to harness a variety of financing tools. We are now temporarily suspending the 20th-22nd Series of Stock Acquisition Rights as we optimize our capital raising strategies in our relentless pursuit of… https://t.co/f8q1TLZN5l
— Simon Gerovich (@gerovich) October 10, 2025
Evolving Capital Strategy for Long-Term Value The decision follows a series of initiatives aimed at improving Metaplanet’s financial base and resilience. The firm’s previous capital programs helped expand its balance sheet and increase liquidity, fueling its Bitcoin accumulation drive.
The temporary suspension now allows the company to consolidate its next steps as it prepares for broader crypto exposure.
Under the repurchase agreement with EVO Fund, Metaplanet retains the right to either resume or extend the suspension as market conditions demand. The company added that future decisions on the exercise of rights will be disclosed through official statements.
For Metaplanet, the move signals a calculated recalibration, not a retreat.
The suspension offers breathing room to reassess timing and structure without disrupting its long-term plan to strengthen its BTC portfolio. This measured step aligns with the company’s view that capital flexibility is crucial in a changing crypto landscape.
BingX, a leading cryptocurrency exchange and Web3 AI company, wrapped up a landmark presence at TOKEN2049 Singapore, the world’s largest crypto event, where it participated as a Title Sponsor. Across two days, BingX showcased its role as a thought leader in the convergence of AI and blockchain, while reinforcing its position in the industry through partnerships, keynotes, and community engagement.
A highlight of BingX’s participation was the presence of Chelsea Football Club legend John Terry, who joined BingX at the event as part of their ongoing partnership. This year, the collaboration between BingX and Chelsea FC centered around the shared theme Trained on Greatness saw BingX’s Chief Product Officer Vivien Lin join Terry for an exclusive session, sharing insights on leadership, teamwork, and building confidence—qualities that resonate in both football and finance. Throughout the session, Lin and Terry emphasized the intersections of these two fields:
Winning Mindset: Success comes from continuous learning, surrounding yourself with stronger teammates, and maintaining a growth mindset. Culture & Team Spirit: True excellence is collective, built by valuing contributions from both star players and support staff. Discipline & Preparation: Years of unseen sacrifice and consistent preparation lay the foundation for high-level performance. Leadership: Leading by example, adapting to individual members of the team, and sharing responsibility are essential to earning trust and sustaining results. Speaking to the importance of leadership during the session, Terry commented: “Leadership isn’t only about giving orders—it’s about listening. Some of the youngest players I captained brought fresh perspectives that made us stronger. The best teams respect every voice, no matter the age or experience. True leadership is about knowing when to speak, when to step back, and when to let others lead, because a team thrives when every individual feels valued and heard.”
In her second appearance, Lin delivered the keynote Borderless Money and Intelligence: The Next Wave of Crypto x AI where she explored how blockchain and AI complement each other—emphasizing how decentralization redistributes trust through blockchain consensus, while AI delivers transparency and intelligence by turning vast on-chain data into actionable insights. She highlighted that data quality is the true competitive edge, and that AI now acts as a co-creator—democratizing advanced tools and adapting to users, pointing to a future where exchanges evolve into personalized, learning systems built around the needs of their users.
“From our constantly expanding BingX AI product portfolio to our partners in the industry and beyond, BingX is building bridges between culture, technology, and community. Our goal is not just to follow trends, but to lead with meaningful products and partnerships that empower users worldwide.” said Lin.
About BingX Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.
For media inquiries, please contact: [email protected] For more information, please visit: https://bingx.com/ Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.
Metaplanet announced a suspension of the 20th to 22nd series of Moving Strike Warrants that will run from October 20 to November 17.Shares have fallen 70% from June highs, with valuation now at 1.05x NAV, the lowest since launching its bitcoin strategy.Metaplanet (MTPLF) has announced it will suspend the exercise of its 20th to 22nd series of stock acquisition rights, also known as Moving Strike Warrants, from Oct. 20 to Nov. 17. The suspension, which applies to warrants issued through a third-party allotment to Evo Fund, will pause the exercise of all remaining rights for a 20-day trading period.
What it meansMetaplanet is essentially halting, for now, the sale of common stock to fund additional bitcoin purchases. The company is doing this after a months-long collapse in its stock has left the share valuation at just barely above the value of the bitcoin on its balance sheet. Additional share sales would thus potentially be dilutive to shareholders.
Metaplanet isn't alone. Even as bitcoin has risen throughout the year and trades within sight of record highs, shares in bitcoin treasury companies — most of which were quickly formed in attempt to mimic the success of Michael Saylor's Strategy (MSTR) — have plunged.
Among them are KindlyMD (NAKA) and Strive (ASST), both of which recently closed SPAC merger deals only to see their share prices quickly lose 80% or more as investors question to need to pay any premium to the value of the bitcoin on their balance sheet.
Metaplanet, which holds 30,823 BTC and ranks as the fourth largest corporate bitcoin holder globally, said the suspension is a strategic move to manage capital formation amid evolving market conditions.
The company said will continue to maximize flexibility, strengthen its financial foundation, and support shareholder value. It also plans to continue developing new financial instruments and enhancing its capital policy.
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
In crypto, you often discover promising assets, regardless of market conditions. But calling a cryptocurrency a gem means there’s more to it than just its price. It’s about the foundational technology, utility, and innovative capacity of the asset too.
It is for these reasons that Agoric (BLD) has attracted the attention of many in the market. In this article, we’ll look at Agoric as a project, what technology powers it, price performance, and what its future might hold.
Agoric at a glance Agoric is a proof-of-stake blockchain focused on simplifying smart contract development using JavaScript, and making it accessible to a broader audience. The BLD token serves as Agoric’s native staking asset, which plays an important role in transaction validation, rewards, governance, and securing the network.
Agoric’s growth trajectory: What does it offer? The Agoric network offers a robust ecosystem. To understand Agoric’s growth trajectory, let’s look at what it offers.
JavaScript smart contract platform Agoric provides a platform for creating and deploying smart contracts using JavaScript. This familiar programming language opens the doors for millions of developers to explore blockchain development without a steep learning curve.
Reusable components Within the Agoric ecosystem, developers have access to a vast library of reusable components, including fungible and non-fungible tokens, automated market makers, and lending protocols. This simplifies the development process and accelerates the creation of decentralized applications (dApps).
Integration with the cosmos ecosystem Agoric seamlessly integrates with the broader Cosmos ecosystem, known for its interoperability between different blockchains, allowing developers to tap into a wealth of data and services across blockchains. This interoperability enhances the functionality of Agoric-powered dApps and facilitates cross-chain communication.
Strategic Partnerships and Ecosystem Integration Agoric has formed strategic partnerships and integrations to strengthen its ecosystem. One notable example is its integration with Babylon Chain, a project focused on decentralized finance (DeFi) solutions built on Bitcoin. Given Bitcoin’s significance in crypto, Agoric’s partnership with Babylon Chain positions the BLD token as a crucial asset for investors aiming to capitalize on emerging opportunities in decentralized finance.
Agoric has also collaborated with Chainlink to enhance data reliability and security for its smart contracts. Its integration with Inter Protocol (IST), SubQuery, and MetaMask, among others, has expanded the platform’s capabilities and accessibility.
New developments: Agoric Bridge & Orchestration Agoric is constantly evolving and innovating to meet the needs of its growing community. Recent developments include the launch of Agoric Bridge, which facilitates seamless asset transfers between different blockchains, and initiatives to enhance cross-chain interoperability.
Agoric’s latest introduction of Agoric Orchestration marks significant milestones for the platform. This innovative approach streamlines smart contract development and makes it more accessible and efficient for developers. It simplifies the development of complex multi-chain applications by providing a comprehensive framework. It acts as a glue that binds different parts of a project together to ensure smooth operation like a well-oiled machine.
Imagine building a game where you need to control various characters, levels, and actions. Orchestration helps you organize and manage these parts to ensure the game runs smoothly without any issues.
Dean Tribble, Agoric co-founder, highlighted its use case, saying, “What really connected with people were simple examples – I have USDC on an EVM chain and I want to stake TIA on Celestia, it took three hours but it seems like it should be easy. Implementing that right now with smart contracts is hard, but that’s what Orchestration makes easy.”
With this new tool, developers can quickly bring their ideas to life without getting bogged down by complex technicalities. In other words, driving growth and innovation in the ecosystem.
Indicator of bullish momentum for BLD token The technological innovations and strategic partnerships not only add value to Agoric’s ecosystem but also reflect positively on its market performance. As of writing time, the price of Agoric (BLD) is $0.1571 with a 24-hour trading volume of $447,371.70. This represents an 11.64% price increase in the last 24 hours and a -6.80% price decline in the past 7 days.
BLD reached its peak (ATH) at $0.746 on August 30, 2022, and hit its lowest point (ATL) at $0.0792 on October 21, 2023. Currently, with a circulating supply of 653 million BLD tokens, Agoric holds a market cap of $102,829,317 according to CoinMarketCap.
What drives Agoric market value? Understanding the drivers behind Agoric’s market value is essential for investors, developers, and stakeholders within the blockchain ecosystem. Several factors come into play when analyzing Agoric’s innovations and their potential influence on the market value of the BLD token. Here’s an in-depth look at the key factors influencing Agoric’s market value:
Technological innovations and ecosystem growth Agoric’s unique proposition lies in its simplification of smart contract development through JavaScript, providing greater accessibility for developers worldwide. This technological innovation is important in reducing the barrier to entry for blockchain development, potentially increasing the adoption rate of Agoric’s platform. Furthermore, the continuous evolution of the Agoric ecosystem, highlighted by features like Agoric Orchestration, enhances the platform’s attractiveness by streamlining the development of complex, multi-chain applications. This ongoing innovation drives demand for BLD by increasing its utility within the ecosystem.
Strategic partnerships The strategic collaborations Agoric has formed with other blockchain companies, including integrations with Inter Protocol for cross-chain liquidity, Chainlink for reliable oracle services, and other DeFi projects, significantly strengthen its market position. These partnerships not only expand Agoric’s operational capabilities but also increase its visibility and credibility within the blockchain community, contributing positively to the BLD token’s value.
Active participation and engagement from the Agoric community, including developers, validators, token holders, and other stakeholders, contribute to the token’s liquidity and overall market value. Through participation in governance, development of dApps, and contributions to the platform’s security and resilience, the community ensures a vibrant ecosystem that attracts new users and developers. Agoric’s strong focus on education and support for developers creates a welcoming environment that encourages innovation and growth, further increasing the utility and demand for BLD. Community-driven initiatives, events, and collaborations build a sense of belonging and drive interest in the project.
Market trends and market sentiment Like all cryptocurrencies, Agoric’s market value is influenced by broader economic factors, such as emerging market trends, investor sentiment, and regulatory changes affecting the blockchain industry. Microeconomic factors, including tokenomics, supply and demand dynamics, and the platform’s growth trajectory, also play significant roles in shaping the market value of BLD.
Agoric’s innovative solutions, such as interoperability features and multi-collateral assets, position it favorably within the DeFi sector, which drives substantial growth in token value.
Conclusion Agoric provides a blend of technological innovation, strategic ecosystem expansion, and community engagement. The BLD token reflects strong fundamentals and tokenomics, showing Agoric’s commitment to advancing smart contract technology and building an inclusive ecosystem through its latest innovations.
Given these considerations, Agoric is poised for further growth. As it continues to break new ground in smart contract technology and blockchain accessibility, we can expect to see even more groundbreaking innovations that will attract more users and developers. This will strengthen its market position, solidify it as a leader in the blockchain space, and reinforce the value proposition of BLD for investors and developers alike.
[PRESS RELEASE – San Francisco, United States / California, July 10th, 2024]
Revolutionizing Multi-Blockchain Coordination with Seamless User Interactions
Agoric, a layer 1 blockchain designed for chain abstraction, has today announced the roll-out of its Orchestration API. With this new toolset, developers can create next-gen Web3 applications that seamlessly coordinate digital assets and services across multiple blockchain ecosystems. As a result, users can now benefit from one-click interactions that can deploy their liquidity and access multiple blockchains in a uniform fashion.
With over $2 trillion in liquidity fragmented across different blockchains and their ecosystems (Ethereum, Solana, L2s, L3s, app-chains, sovereign rollups, subnets and more), users are too often left with complex, arduous experiences in Web3. Many have tried to solve this fragmentation issue by launching bridges and interoperability solutions, however, the experience is still limited due to the lack of programmability with existing solutions. Even simple use cases like paying with assets on one blockchain for services on another one require multiple user actions and signatures, leaving crypto assets trapped within isolated silos.
Orchestration changes the game for multi-chain use cases:
For users, orchestration enables real chain abstraction: experiences that cross chains have the simplicity they demand. For developers, orchestration offers cross-chain programmability thanks to a multi-block execution environment and simple JavaScript APIs to manage accounts and assets on remote chains. For the Web3 ecosystem, orchestration provides composability across protocols to unlock liquidity, regardless of the native chain. Commenting on the API launch, Dean Tribble, CEO of Agoric Systems, said: “We are excited to offer a platform that enables rich, one-click user experiences that unlock new economic opportunities across multiple chains. Currently in Web3, even simple tasks demand too many actions and too much finicky expertise by users. Agoric Orchestration brings unique technology to developers so they can bring their applications into the next generation of Web3.”
Interchain trading terminal Calypso will leverage Agoric Orchestration to launch their staking widget. With just one click, users can stake into any IBC-enabled chain from almost any starting token (ETH, SOL, etc.). Normally, this process of cross-chain staking could take the user six separate steps including multiple signatures, but with Agoric Orchestration, it’s only one action.
Commenting on the integration, John DiBernardi, Co-Founder of Calypso, said: “When it comes to executing actions across multiple blockchains, Agoric Orchestration is simply unmatched. We’ve been able to simplify time-intensive and incredibly frustrating DeFi tasks into a one-click experience that both users new to DeFi and those that are seasoned will greatly appreciate.”
Builders ready to orchestrate the multi-chain can apply for Agoric’s Early Access Program, offering personalized technical support, financial incentives, and early access to new features. Apply today at agoric.com/eap.
Dean Tribble, CEO of Agoric Systems, is available for interview on request
About Agoric
Agoric is a layer 1 blockchain for orchestration. In the fragmented blockchain landscape, Agoric brings orchestration to Web3 to solve the chain abstraction challenge and foster composability and true interoperability that unlock a new era of universal liquidity.
Agoric is the brainchild of renowned computer scientists, Dean Tribble and Mark Miller. Their groundbreaking work in secure computing and distributed systems laid the foundation for Agoric’s innovative technology.
For more information, users can visit Agoric’s: Official Website | Twitter (X) | Discord | Linkedin
Cross-chain transactions today feel like international travel before budget airlines – expensive, time-consuming, and filled with unexpected complications. You might start with ETH on Ethereum, but moving it to Cosmos for staking or to Solana for trading means dealing with complex bridges, waiting through lengthy confirmations, and accepting security risks along the way.
This fragmentation isn’t just annoying, it’s holding back the entire industry. With over $2 trillion in digital assets now spread across dozens of blockchains, we’re facing a reality where our technological ambitions have outpaced our infrastructure.
The Multi-Chain Future Has a Bridge Problem The crypto ecosystem has evolved beyond single-chain dominance. Ethereum, Solana, Cosmos, Avalanche, and numerous L2s each offer unique capabilities and communities. While solutions like LayerZero and Cosmos IBC have improved connectivity, bridges remain the Achilles heel of cross-chain finance.
Consider the sobering statistics: over $2.5 billion has been stolen through bridge hacks. From Ronin’s $620 million exploit to Wormhole’s $320 million hack, bridges represent the single largest attack vector in crypto today. Why? Because most rely on centralized validators, multisigs, or external oracles that create single points of failure.
Even when bridges work as intended, the user experience is painful. Transfer USDC from Ethereum to Cosmos, and you’re looking at a 16-minute wait, enough time for market opportunities to appear and disappear. Add the liquidity fragmentation that forces users to bridge assets repeatedly, and it’s clear why cross-chain DeFi hasn’t reached its potential.
Rethinking Cross-Chain Transactions From First Principles Agoric approaches this challenge differently, having built for interoperability from day one rather than bolting it on afterward. The platform’s recently launched Orchestration API represents a fundamental shift in how cross-chain applications work.
The key innovation lies in how Agoric handles multi-step blockchain operations. Traditional smart contracts must execute within a single block, like trying to complete a complex process in one breath. Agoric’s contracts can persist across multiple blocks, responding to events and managing sequences of actions automatically.
This seemingly simple technical shift enables powerful real-world capabilities:
1. Security Through IBC, Not Bridges Agoric leverages the Inter-Blockchain Communication protocol (IBC), a thoroughly audited, trust-minimized protocol that’s moved billions in assets without a single security incident. Unlike traditional bridges that rely on centralized validators, IBC establishes direct chain-to-chain communication with security inherited from the underlying chains.
Native’s integration with Agoric’s Orchestration API streamlines Bitcoin transactions in Cosmos, removing the need for manual bridging or wrapping at the user level. Behind the scenes, Agoric Orchestration coordinates the necessary cross-chain workflows, enabling frictionless Bitcoin interactions across Cosmos applications.
2. Automated Cross-Chain Workflows Calypso’s implementation of Agoric’s Orchestration API transformed what was once a six-step staking process into a single click. For users, the complex sequence of bridging, swapping, and staking happens automatically in the background.
Fast USDC, another Agoric implementation, cut cross-chain transfer times from 16 minutes to just 2 minutes, a 90% improvement that makes DeFi opportunities accessible that would otherwise be missed during traditional bridging delays.
3. Developer-Friendly Tooling Agoric’s decision to use JavaScript for smart contracts means that 17 million developers worldwide can build cross-chain applications using a language they already know. This familiar async/await pattern is particularly powerful for orchestrating complex cross-chain operations.
Union’s integration with Agoric demonstrates this approach in action. Their implementation uses zero-knowledge cryptography for trustless bridging between chains, with Agoric handling the complex orchestration of cross-chain messages.
Real-World Applications Transforming Finance These technical capabilities translate to concrete use cases that are changing how users interact with blockchain:
Multi-Chain Lending and Borrowing Elys Network is using Agoric’s Orchestration API to create CEX-like experiences in DeFi. Users can borrow assets on one chain and repay on another without manually bridging. The platform handles LP management and derivatives trading across chains without requiring users to understand the underlying complexity.
Cross-Chain Treasury Management For DAOs managing treasury assets across multiple chains, Agoric enables automatic fund distribution without complex manual operations. Contributors can receive payments in their preferred tokens on their preferred chains through a single orchestrated transaction.
Interchain Gaming and NFTs The gaming industry particularly benefits from cross-chain asset transfers. Rather than relying on wrapped NFTs, games can use Agoric’s Orchestration API to enable smooth NFT transfers across chains, preserving ownership and utility. A sword earned on one chain can be seamlessly used in a game on another.
The Foundation Two key components make these capabilities possible:
BLD: Securing Cross-Chain Operations The BLD token is essential for securing Agoric’s proof-of-stake network, ensuring the reliability of long-running smart contracts and cross-chain transactions.
By staking BLD, validators and delegators help maintain network security and economic stability, which is particularly important for applications that require persistent execution across multiple blocks. This security model makes sure that complex processes, such as cross-chain lending, automated trading, and multi-step DeFi operations, can execute safely and predictably, even over extended timeframes.
IST: Stable Liquidity Across Chains IST (Inter Stable Token) provides a native, overcollateralized stablecoin designed specifically for cross-chain operations. Unlike bridged stablecoins that create security risks, IST offers native stability while enabling seamless movement through IBC.
The Road Ahead The multi-chain future isn’t coming, it’s already here. The question isn’t whether assets will flow between chains, but how securely and efficiently they’ll do so. Agoric’s approach of building for interoperability from the ground up, rather than adding bridges as an afterthought, positions it uniquely in this landscape.
Recent partnerships demonstrate growing ecosystem support, with over 60 builders already exploring applications through the Early Access Program. Implementations like Fast USDC are already processing millions in daily volume, proving the technology works at scale.
For developers and DeFi users looking to participate in this multi-chain ecosystem, Agoric’s documentation provides comprehensive guides to building with the Orchestration API. The future belongs to those who can make blockchain’s borders invisible by delivering on the promise of truly open, connected financial systems that just work.
Stakin, a well-known platform for staking services, has announced the termination of its operations on the Agoric blockchain. In this respect, Stakin will no more operate on the Agoric Blockchain from the 1st of October onwards. As the platform revealed in its recent social media announcement, this termination of operations is a part of its restructuring plan concerning validator services. Parallel to this announcement, Stakin has persuaded delegates to redelegate stake they own to alternative validators ahead of the deadline.
Stakin will be sunsetting operations on @agoric as of October 1, 2025.
We kindly ask all delegators to redelegate their stake before this date.
Thank you to the Agoric community for the collaboration and support over the years.
— Stakin (@StakinOfficial) August 25, 2025 Stakin Exits Agoric, Urges Delegators to Redelegate Stakes before October 1 By sunsetting its operations on the Agoric blockchain on October 1, Stakin is strategically restructuring the validator services working on diverse blockchain networks. Keeping this in view, the platform has stressed the requirement for the delegators to redelegate their respective stakes to other validators before timeout. On the other hand, if delegators remain ineffective in timely redelegation, they may no longer witness any reward generation on their stake. Hence, this could influence returns substantially.
Redelegation Failure Could Result in No Reward Generation However, as per Stakin’s announcement, irrespective of its exit, it has appreciated the Agoric community. It also thanked stakeholders based on their collaboration and trust. Now, while Stakin will no longer work on the Agoric blockchain, the delegators will need to find out the other suitable options for their stakes. Hence, failure to timely redelegate could cost them losses as the stakes in the Agoric blockchain will not produce any rewards anymore after October.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Dock.io (DOCK) is an interesting project that is trying give users control over their own digital credentials and professional achievements.
It is a decentralised exchange protocol that uses blockchain technology to create a transparent and secure credential sharing ecosystem. Think of it as a decentralised version of Linkedin that keeps control of the data entirely in the hands of the user.
Sounds interesting, but can Dock really achieve this?
In this Dock review I will give you everything that you need to know about the project including its technology, use cases and roadmap. I will also analyse the adoption potential of the DOCK tokens.
How Dock WorksSharing data on the Dock.io platform is a simple concept. Users upload whichever data they like to the platform and decide who can access that data.
They can connect with companies or applications on the platform and each of these relationships is recorded on the blockchain through a smart contract on the Ethereum blockchain. This is a critical difference from the current centralized platforms, where users can control who views their data, but cannot control the platform's access to their data.
Use cases for Dock Technology
With Dock users can share their data in a public unencrypted way so that everyone on the platform can see the data. This is data that isn’t considered sensitive by the user such as their name, education, work history, etc. It’s crucial to know that once data is published publicly it remains public forever. There is no way to remove the data from the public realm.
It is also possible for users to encrypt their data to keep it private. Data is encrypted on Dock by default. Once encrypted only the user can decrypt or grant access to an application to decrypt the data. This means user data remains fully in control of the individual user.
The data itself can have a variety of formats, and the user community will be able to choose the data formats, according to the whitepaper. Some critics have questioned how well this will work, and have suggested that standardization of the data formats will be necessary. The platform has stated with the resume and work history data formats.
The solution being used by Dock is known as data format signaling, where the application's signal which data formats they will accept. The team believes that consensus over accepted data formats can be achieved through natural market equilibrium.
The Technical Side of DockThe Dock platform is built on the Ethereum blockchain and given the network congestion already seen on Ethereum there’s no way for Dock to store and retrieve resume data and the other data it is built to hold.
So, the Dock team is using the IPLD specification, which was created to help the open-source peer-to-peer Interplanetary File System (IPFS) perform content addressable data exchange.
Features of IPLD. Images via IPLD.io
The IPFS network is similar to a torrent network, but it stores hashed files rather than torrent files. These hashed files are stored in the collection of IPFS nodes, and any time a user needs to retrieve a file they do so by calling its associated hash from the blockchain. This lowers the overhead for the blockchain since it doesn’t need to store the data, just an associated hash.
While the platform is committed to the Ethereum blockchain, for now, the team has said that they will consider creating their own native, standalone blockchain in the future if it becomes necessary.
The Dock Data Sharing ModelDock data sharing is controlled by the tokenomics model of the platform, which is pretty unique in the world of decentralization and incentivization.
The first difference is the DOCK token denomination, which the team has said should be done in fiat rather than Ethereum like most projects. In fact, the ICO was valued in USD rather than Ethereum.
User data spread across apps. Image via Dock Official Blog
The reasoning for this is to encourage price stability. It’s well known how volatile cryptocurrency prices can be and the team believes that by using fiat to denominate the DOCK token they can avoid extreme price swings.
The other difference is the way Dock creates incentives, which is focused on applications rather than users.
Dock Application IncentivesThe Dock system has created incentives for applications to share data with each other via the DOCK tokens. Basically, if an application wants to acquire data from another application it needs to pay for that data.
This system also prevents applications from hoarding data because the sharing of data is involuntary. There is no way for an application to prevent another application from paying for its data. Only the user can create rules that prevent data from being shared. In this way, Dock prevents data hoarding from occurring on the platform.
Dock User IncentivesUnlike nearly every other decentralized platform with tokens, the Dock platform does not incentivize users to share their data. This was done intentionally and deliberately. The Dock team wants people to come to the realization that their data is far more valuable than they believe, and that any amount paid for their personal data isn’t enough. Instead, they want users to value their data for its own sake.
There’s another reason not to incentivize users for providing data, and that’s to avoid a flood of people spamming the platform with false information simply to collect rewards. Dock realizes this would be the fastest way to kill the platform, and they are avoiding it in any way possible.
Preventing user incentives in the Dock Protocol. Source: Dock Whitepaper
Moreover, the lack of incentives actually makes things clearer for users, who won’t have to worry about keeping up with micro-transactions and payments. All they have to focus on is making sure that their personal information is up to date.
Rather than offering small payments for valuable data, Dock is giving users complete control over their data and convenience. By keeping data all in one place users are easily able to control who can access their data, and they can maintain the data without having to go through the trouble of remembering all the different sites that have a profile for them. This keeps data always updated across the web and avoids scenarios where people are seeing data that are no longer up-to-date.
Dock Team & InvestorsThe Dock team consists of 16 members who are located across the globe, although the project is headquartered in San Francisco, California. The core team has worked on projects together in the past, with many coming from Remote.com.
The CEO and co-founder of the project is Nick Macario, who came to Dock with more than 10 years of experience in web and mobile application marketing. Most recently he was the co-founder and CEO of Remote.com.
Some members of the Dock. Team
The other co-founder and COO of the project is Elina Cadouri, who was also a co-founder and CEO for Outsource.com. She has over 8 years of experience in marketing research.
Dock has also received investments from a number of traditional and blockchain focused venture capital funds. These include the likes of Passport Capital, the Digital Asset Fund, Blockwater Capital and Connect capital among others.
When it comes to increasing adoption and awareness for a project, a large and enthusiastic community is essential. This is especially the case with Dock where the ecosystem relies on these users sharing their data.
Dock has a fairly large following on social media, which is typically a good sign for a blockchain project. Their Telegram group has almost 25,000 members, and their Twitter has 45,800 followers. They are even well represented on Facebook, with nearly 35,000 followers.
One disconnect is the project’s subreddit. While they have over 15,000 followers, there is almost no interaction. The Dock team is pretty much the only ones posting there, and the postings have very few and often no comments.
The DOCK TokenDock held their ICO in February 2018 and sold 30% of the 1 billion total supply for $0.08329 each, raising $20 million. The tokens weren’t released until April 2018 and soon after the DOCK token hit an all-time high of $0.242743 on May 4, 2018.
From there the bear market took over and the token sank throughout the rest of 2018, finally reaching a bottom on January 10, 2019, when the token hit $0.007543. It subsequently made it as high as 0.020441 in April 2019, but as of May 13, 2019, it has dropped back to $0.011445 and is roughly 90% off its ICO price.
Register at Binance and Buy DOCK Tokens
The DOCK token isn’t listed on too many exchanges, but it is on Binance and that’s where nearly all the trading in the token takes place. There’s also a tiny amount of trading on Huobi Global, KuCoin, and Gate.io.
This could create an issue from an exchange reliance perspective. Given that most of the BTC volume of DOCK is being traded on Binance, liquidity could fall off a cliff if there was ever a de-listing. While this is not likely, it is a concern that potential traders have to consider.
Once you have bought your DOCK, you are going to want to get it off the exchange if you intend on hodling them. Because DOCK is an ERC-20 token it can be kept in any ERC-20 compatible wallet, such as MetaMask or MyEtherWallet.
Dock Development & RoadmapDetermining exactly how much work is being done on a blockchain project is sometimes tricky. However, one of the quickest methods to estimate this is to take a look at the coding activity in their public code repositories.
Hence, I decided to jump into the public GitHub for Dock.io and see how many code commits the developers were pushing through. There are 12 repos in total in their GitHub but below are the commits for two of their most active.
GitHub Commits in the past 12 months
As you can see, there is not that much activity in these repos. The last public commit to their plasma Cash repo was back in February. The rest of the 12 remaining repos are similarly barren.
Of course, there is always the possibility that the developers are coding on the project in private repos. Yet this is less than optimal from a transparency perspective as their community is not able to monitor the progress of the project.
Having said this, the team is keeping the community up to date with developments through their official blog. They release monthly updates with a breakdown of what was achieved by the team over the past month.
For example, in their April update they went over some work that they have done on their wallet as well as progress that has been made on the platform. They also gave an outline of what we could expect in the coming months.
There was no timeline given for these updates so it will be interesting to see how long it takes before the next big technology roll-out.
ConclusionDock has an impressive long-term vision for the shape of the user data economy that’s going to grow exponentially now that blockchain technology has become available. The success or failure of the platform is going to depend on how quickly it can attract major partners and how quickly it can grow.
On the growth front, the platform already claims over 1 million registered users in just over a year, which is pretty impressive when you consider users don’t receive any incentive for sharing data.
Obviously the slow rate of development in the project's GitHub could be an area for concern. Hence, we will be keeping an eager eye on project announcements and code commits to their repos over the coming months.
We’ve also talked about the risks associated with the lack of standardization in data formats. This could also hinder growth for Dock, although the team believes that as the user base grows the data format issue will take care of itself through natural market equilibrium. If this doesn’t occur users could leave the platform due to a lack of convenience.
And of course, when discussing personal privacy issues there is always related regulatory risks. In the European Union, we already have the GPDR, which is the strictest data protection regulation so far. It’s possible other countries could follow the lead of the EU.
Dock has said its platform fully complies with the principles of GPDR, but that isn’t legally binding and regulators could take issue with the platform as it grows in size and influence.
The University of Arkansas at Little Rock has recently declared integration of the Reusable Digital ID forum of Dock. As per the announcement, the company is using “Certs” via the Emerging Threat Information Sharing and Analysis Center of the US Department of Energy. This collaboration will potentially empower several DeFi entities to secretly report cybersecurity threats.
🚨 ANNOUNCEMENT
The University of Arkansas at Little Rock @UALR has announced the integration of Dock’s Reusable Digital ID platform, Certs, through the US Department of @ENERGY’s Emerging Threat Information Sharing and Analysis Center (ET-ISAC).
This partnership will empower… pic.twitter.com/9m2kTIlTQc
— Dock Labs (@dock_labs) March 6, 2024 The University of Arkansas Integrates Dock’s Certs to Innovate DeFi Threat Reporting While doing so, the respective organizations will require any compromise on their identity. The use of Dock will permit the University to securely validate each reporting firm while sustaining stringent anonymity. Additionally, this will foster a trustworthy environment for the distribution of crucial threat intelligence. Moreover, this will enhance mutual cyber defense abilities.
In cybersecurity, several companies are hesitant to report events such as ransomware attacks. They have many apprehensions regarding reputational damage as well as likely legal repercussions. Nonetheless, in-time reporting is important as it lets other community members provide a proactive response to the latest threats. The use of the Reusable Digital ID technology of Dock by UA Little Rock in the Security Incident Sharing Platform recognizes this.
The integration allows numerous entities within the threat-reporting community of the University to report events while they remain anonymous. This would likely mitigate concerns of harm regarding reputation as well as legal risks. To boost the confidence of the organizations to take part in this process, the University is making several endeavors.
It is issuing confirmable digital ID permits to authorized community members. The respective credentials are extraordinary and recipients can fortify them with cutting-edge cryptography. This would make them tamper-proof along with equipping them with Zero-Knowledge Proof abilities. Dock’s CEO “Nick Lambert,” said this reinforces the privacy and security of the reporting procedure.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Binance, one of the world’s largest crypto exchanges, has declared the delisting of nine altcoin’s spot trading pairs.
This action, set to take effect on August 23 at 03:00 UTC, reflects Binance’s attempts to enhance market quality.
What Binance Users Need To Do?Binance assesses the performance of its listed trading pairs and removes those that do not meet liquidity and volume thresholds. The exchange claims these measures protect users and uphold a high-quality trading environment.
Read more: Binance Review 2024: Is It the Right Crypto Exchange for You?
The pairs to be removed include:
ARKM/TUSD CHZ/EUR ENA/EUR FIRO/BTC IOTA/FDUSD JOE/TRY OMNI/BNB REZ/BNB SUPER/FDUSD Although this delisting affects specific trading channels, it does not eliminate the individual tokens from the platform.
“Users can still trade the spot trading pair’s base and quote assets on other trading pair(s) that are available on Binance,” the crypto exchange explained.
Therefore, users with an interest in these pairs should revise their trading strategies accordingly. Importantly, the exchange will also terminate spot trading bot services for these pairs at the same time. Binance advises traders to either cancel or update their automated trades to avoid potential financial losses.
Notably, this round of delisting has not immediately influenced the market prices of the involved tokens. This stability likely stems from their continued availability in other trading pairs on Binance, which helps cushion any negative impacts.
However, the history of token delistings on Binance suggests potential volatility. For instance, Binance’s removal of six altcoins last week led to substantial price drops for those cryptocurrencies. Notably, PowerPool (CVP) and Ellipsis (EPX) saw declines of 14% and 22% immediately after their removal was announced.
Read more: 11 Cryptos To Add To Your Portfolio Before Altcoin Season
This trend continued from last month when tokens such as Dock (DOCK) and Mdex (MDX) experienced sharp falls, nearly 30%, and 23.65%, following their delisting. These incidents shed light on the impact of exchange listings or delisting on an altcoin’s valuation.
In an effort to hasten the adoption of Decentralised Identity (DID) solutions, cheqd and Dock have announced their partnership. This involves migrating Dock Certs and its clientbase to the cheqd network. In order to speed digital identity globally, the $DOCK tokens will be merged into $CHEQ tokens, keeping cheqd and Dock as independent entities.
Dock specializes on assisting Identity Solutions Providers, including KYC, background check, and biometrics firms, to develop ID ecosystems where their partners may generate, share, and monetize verifiable digital credentials. Businesses may expedite client onboarding, increase transaction speeds, and improve overall company efficiency by establishing an ID ecosystem. With a reliable API, a user-friendly web application, and secure ID wallet architecture, Dock provides a comprehensive solution. More than 600 businesses have set up accounts on Dock Certs, their Decentralized ID platform.
Concurrently, Cheqd has developed commercial infrastructure and trust that is enterprise-ready, allowing businesses to create trusted data markets and end-to-end credential ecosystems. People are able to own, manage, and monetize their data in a way that protects their privacy and is portable. More than 200 organizations have established themselves on its mainnet, and over 80,000 addresses have been generated. Cheqd aims to tackle the economic and technological obstacles that have hindered the expansion of digital credentials. Its emphasis on interoperability, regulatory compliance, simplicity of integration, and privacy-preserving credential payments builds a solid infrastructure that can grow across sectors.
Upon integrating the well-established ecosystems of Dock and Cheqd, a robust network including more than 100,000 community members and hundreds of engaged partners will be created. This partnership will provide a scalable, cutting-edge solution appropriate for both conventional and Web3 industries such as banking, identity solution providers, government services, and more by fusing Dock’s flexible SaaS platform with cheqd’s reliable payment infrastructure.
The mainnet and testnet traffic of Dock will be migrated to the cheqd network as a result of the collaboration between the two decentralized ID experts. Additionally, in order to create a single asset for powering the single decentralized network, the $DOCK token will be converted into $CHEQ tokens.
Fraser Edwards, Co-founder and CEO at cheqd stated:
“Dock and cheqd partnering establishes the most feature-complete software stack for decentralised ID (DID) encapsulating no-code management and privacy preserving payments for verifiable credential. This alliance is a clear signal that cheqd is the home for DID with Dock and their clients joining our ecosystem of partners and clients, as well as the merging of two communities who firmly believe in the vision of DID.”
Nick Lambert, Co-founder and CEO of Dock Labs stated:
“This exciting partnership enables Dock to focus on new and innovative features for our clients delivered through our issuance and verification platform, Certs, while relying on cheqd’s cutting edge network for the blockchain related elements. This alliance enables both organisations to demonstrate their core capabilities, providing best in class solutions to our rapidly growing customer bases.”
The decentralized identity market is expected to grow at a compound annual growth rate (CAGR) of more than 90% over the next five years, turning it into a multibillion dollar sector. Enforcing the eIDAS standards pertaining to the verification of individuals, corporations, and electronic documents presents a chance for decentralized solutions that may meet the requirements of both businesses and regulators.
Wide-ranging application development and integration opportunities will be made possible by the joint network developed by Cheqd and Dock, which will support a large number of Decentralised Identifiers (DIDs). It will also feature multi-SDK integration and open-source tooling such as DIF Registrar & resolver, Credo, Veramo, Walt.id, and Vidos (Mailchain). Both parties will continue to be compliant with eIDAS 2.0 and the EU Digital Identity Framework.
Fraser Edwards, the co-founder and CEO of Cheqd, has extensive experience leading teams and managing self-sovereign identities. He gained this expertise while leading the World Economic Forum’s Known Traveller Digital Identity project, which included the governments of Canada and the Netherlands as stakeholders. He is the owner of cross-ledger payment patents and designed the Jasper-Ubin project’s payment architecture in collaboration with the central banks of Canada and Singapore. Ankur Banerjee is a co-founder and CTO with experience in digital identification, biometrics, and distributed tech architecture. He co-chairs the decentralized Identity Foundation’s Technical Steering Committee and co-chairs several blockchain and cloud AI patents. Co-founder and CFO Javed Khattak contributes a plethora of technical, strategic, and financial know-how. His experience includes advising governments, central banks, and international brands in addition to managing multibillion dollar funds.
COO Elina Cadouri, who formerly developed and oversaw Outsource.com, which grew to generate several million dollars in revenue annually, and Remote.com, one of the fastest-growing remote work platforms globally, complements Dock CEO Nick Lambert’s vast expertise in the blockchain industry. Richard Esplin, Dock’s Head of Product, has dedicated his career developing open source and digital identities, as well as consulting with government agencies and major corporations on procurement, solution design, and process automation.
Both organizations have established a substantial clientele in the digital ID and verification field since their founding. Cheqd has strategic collaborations across sectors and use cases, such as reusable KYC, with companies like DanubeTech, Finclusive, and Northern Block internationally. With its extensive features, Dock will continue to propel the cheqd blockchain’s real-world adoption among the world’s biggest ID firms. Aliva, University of Arkansas at Little Rock, Classter, Gravity, BurstIQ, and several more significant ID verification firms are among Dock’s clientele, with many more to follow. The respective clientele of Dock and Cheqd together constitute a significant asset that will be used to further their objective of mainstreaming DID-based identity management.
Through their partnership, cheqd and Dock will provide builders and end users with access to their newest products, which will include cheqd’s soon-to-be MiCA compliant stablecoin and fee abstraction technology as well as Dock’s soon-to-be cloud wallet and mobile drivers’ licenses (mDLs). Both businesses are striving to integrate extra regulatory frameworks while facilitating compliance with the EU Digital Identity Framework and eIDAS 2.0.
Key NotesTwo blockchain platforms Cheqd and Dock partners to form a strategic alliance to drive global adoption of decentralized identity (DID) solutions worldwide.To achieve this goal, both protocols plans to combine their infrastructures and resources together while maintaining independent operations.Their native tokens DOCK and CHEQ will merge together to create a unified digital asset known as CHEQ to power all activities on the joint developed network. . Web3 data platform cheqd, which specializes in building trusted payment infrastructure for Self-Sovereign Identity (SSI) and digital credential businesses, has entered into a strategic partnership with Dock, another blockchain platform to form a strategic alliance.
According to a press release issued on Wednesday, September 18, the collaboration aims to boost the global adoption of Decentralized Identity (DID) solutions.
Token Unification to Power Joint Network As part of the partnership, Dock will migrate its infrastructure, including Dock Certs and its client base, to the cheqd network to build a single protocol.
Despite the integration, both platforms will continue to operate independently, with only Dock’s native token, DOCK, merging with cheqd’s CHEQ to create a unified digital asset.
cheqd announced that the token unification is intended to speed up the adoption of DID solutions. The merged CHEQ will become the utility token that powers all activity on the joint cheqd-Dock network.
cheqd revealed that the collaboration will bring significant growth to both platforms, with the formation of a powerful community of over 100,000 members and hundreds of active partners working together.
According to the release, the partnership is expected to deliver scalable solutions across industries ranging from finance and identity providers to government services, benefiting both traditional and Web3 sectors.
The joint network will support a variety of Decentralized Identifiers (DIDs) and offer multi-SDK integration, along with open-source tools like DIF Registrar & Resolver, Credo, Veramo, Walt.id, and Vidos (Mailchain). These resources will allow developers to explore wide-ranging integration possibilities and build decentralized applications.
Both networks plan to remain committed to adhering to international regulatory frameworks, such as the European Digital Identity Framework as well as the eIDAS 2.0, to ensure full compliance across their platforms.
A Combined Effort to Drive DID Growth cheqd disclosed in the press release that the primary purpose of forming the new alliance with Dock is solely to promote the adoption of decentralized identity solutions. Both platforms plan to combine resources to ensure that the blockchain data protection sector is widely accepted and trusted by users globally.
The Web3 data platform will bring its expertise in developing end-to-end credential ecosystems and trusted data markets, while Dock will concentrate on enabling identity solution providers, such as KYC, background check, and biometric companies, to create and monetize verifiable digital credentials.
Individually, both platforms have seen strong growth, and together, they plan to become a driving force in the global adoption of digital verification solutions.
Strengthening the Digital Verification Ecosystem
cheqd’s Web3 platform already supports over 80,000 individual wallet addresses, enabling users to take full control of their personal data. More than 200 organizations have also integrated its solutions into their businesses, attracted by the platform’s focus on privacy-preserving credential payments, regulatory compliance, and ease of integration.
Dock, on the other hand, offers a comprehensive decentralized identity solution with a robust API, intuitive web application, and secure ID wallet infrastructure. So far, Dock Certs has attracted over 600 companies, which are utilizing its decentralized ID capabilities.
The partnership is led by experienced teams from both platforms. cheqd CEO and Co-Founder, Fraser Edwards, has extensive knowledge in self-sovereign identity and led the Known Traveller Digital Identity initiative with the World Economic Forum.
Meanwhile, Dock CEO, Nick Lambert, and COO, Elina Cadouri, bring significant blockchain and entrepreneurial expertise to the table, with Cadouri having built successful platforms like Outsource.comand Remote.com.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
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Chimamanda is a crypto enthusiast and experienced writer focusing on the dynamic world of cryptocurrencies. She joined the industry in 2019 and has since developed an interest in the emerging economy. She combines her passion for blockchain technology with her love for travel and food, bringing a fresh and engaging perspective to her work.
On June 5, BlackRock did nothing. Not a single dollar, not a move, not even a shiver. Its Bitcoin ETF IBIT, until now a powerhouse of incoming capital, remained frozen. And this is no coincidence. In a market where stillness is often more worrying than panic, this inaction is worth much more than a simple zero figure. While others bleed, BlackRock stops. And in this gesture, there may be more strategy than stupor.
".' data-lazy-src="https://www.cointribune.com/app/uploads/2025/06/Black-Dollar-0-1024x683.png"> In brief BlackRock records $0 flow on its Bitcoin ETF IBIT, a first since its launch. Other Bitcoin ETFs suffer massive outflows, totaling $278 million in one day. This sudden freeze suggests a strategic pause or a possible discreet change of course. The king remains seated while others fall On this June 5, a muted carnage played out on the Bitcoin ETFs stage. Fidelity, Ark, Grayscale… all retreating, all taking heavy losses. In total, nearly $280 million fled American Bitcoin funds in a single day. The atmosphere was electric, volatility palpable. Yet, at the center of this turmoil, IBIT remains impassive. Zero inflow, zero outflow. An almost insolent neutrality.
Why? Because when you are the king, you can afford silence. Or… because you’re unsure.
BlackRock did not lose. But it did not win either. And this choice of immobility contrasts with its reputation as a steamroller. Is this a voluntary pause or a lapse in conviction?
There is something theatrical about this non-movement. Because IBIT is not like other ETFs. It is the thermometer of institutional flows, the cornerstone of a carefully maintained bullish narrative.
So when this flow suddenly dries up, it looks less like an oversight and more like a statement. BlackRock may be sending a message here more subtle than a massive sell-off: “We observe. We gauge. Then we reconsider.”
Especially since, in the same breath, the giant injects $50 million into Ethereum. A discreet, almost stealthy pivot, but heavy with symbolism. Is Bitcoin becoming too unstable, too predictable, too… political? Or are we witnessing the first phase of a gradual shift towards a new distribution of forces among crypto assets?
Bitcoin: Waiting as a strategy? This is not the first time markets have experienced a sluggish day. But rarely has the absence of action seemed so meaningful. BlackRock doesn’t stop by accident. And when all the other players panic, the one who stops could be either a wise one… or a conspirator.
Bitcoin itself continues to sway. Doubt sets in. Outflows accelerate. And the one who doesn’t move suddenly becomes the focus of all projections.
June 5 was not an empty day. It was a choreographed pause. And sometimes, the best-placed silences change the rhythm of a war—just like those solo miners, stubborn and invisible, who dig for years without reward… then hit the jackpot, hire en masse, and reshuffle the cards of a sector thought to be locked.
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Evans S.
Fascinated by Bitcoin since 2017, Evariste has continuously researched the subject. While his initial interest was in trading, he now actively seeks to understand all advances centered on cryptocurrencies. As an editor, he strives to consistently deliver high-quality work that reflects the state of the sector as a whole.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Subsquid, the leading decentralized data lake provider, has recently introduced support for Prom to the platform. This is a major breakthrough in the smooth accessibility of on-chain information for developers wishing to apply it in their projects. The Subsquid SDK now supports Prom usage. It makes it easier for developers working within the Prom ecosystem to access all the data they require from one location.
Prom Bridges Blockchain Ecosystems for Seamless Integration Prom, a modular ZkEVM Layer 2 solution, further distinguishes itself as an interoperability facilitator across chains. In contrast, the current platforms that require developers to target one chain or virtual machine. In addition to this, Prom eliminates these barriers with a genuinely multichain solution. It bridges blockchain ecosystems and enables projects to integrate and communicate across chains.
The most notable feature of Prom is this multichain interoperability chains. These are EVM-compatible chains like *ETH* Virtual Machine and those that are not like Bitcoin or *SOL* can communicate without issues. Multichain function guarantees that projects remain relevant to users in the ever-changing blockchain environment.
By including it in the Subsquid ecosystem, Prom has shown its readiness to eliminate storage of chains for a great cloud. The cooperation with the Prom team will ensure web3 adoption following Subsquid’s mission of improving accessibility. With this, Subsquid has established a multichain connection. It facilitates the access to a multiple-data source blockchain network.
Prom and Subsquid Aim to Streamline Decentralized App Development Ethereum used to be the primary blockchain by users. However, more networks such as Solana and *BTC* have become more active. Due to active newly growing chains, Subsquid through Prom collaboration can help in the growth of new ecosystems. The integration process ensures that developers have the best experience and flexibility. As a result, it will simplify how decentralized apps are produced and linked.
Lastly, the announcement of Subsquid that it will support the Prom platform to diversify chains confidentially displays that the organization wants to encourage more use of chains. Subsquid wishes to assist this technology initiative by working collaboratively with Prom. The two organizations’ action plan will help establish a more connected-blockchain future. Consequently, app developers will make linked apps on this due to the simple Prom connection.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
RWA Inc., a prominent platform for tokenization of real-world assets, has recently started an exclusive partnership. As per the announcement, the company is collaborating with Prom (a popular and cutting-edge gaming NFT platform) to provide convenience in the tokenization of real-world assets. The company took to its official account on X to disclose the latest development.
RWA Inc. and Prom Collaborate to Offer Convenient Tokenization of Real-World Assets In its recent post, the firm described its enthusiasm for the announcement of the exclusive integration. As a part of this collaboration, Prom (a prominent EVM ecosystem) will leverage the platform of RWA for tokenization. In this respect, the Prom consumers will experience significant assistance. The users can now tokenize their real-world assets without any trouble with the use of RWA’s cutting-edge tokenization tools.
In its post describing the partnership, RWA noted that the purpose of this endeavor is to strengthen the modern economy. In addition to this, Prom also discussed this development on the social media platform. According to the company, the integration plays the role of a significant landmark. It asserted that RWA plays the role of a frontrunner in the world of tokenization when it comes to real-world assets.
The exclusive initiative between the two entities provides substantial benefit to the Prom ecosystem. While providing details of this move, Prom revealed that the tokenization of real-world assets can prove a game-changer. As per it, this development can trigger a broad-scale adoption of the Web3 sector among the mainstream community.
The Initiative Seeks to Fill the Gap Between the Physical and Web3 Worlds Moreover, this can reportedly provide a distinctive way to fill the gap between the physical world and the Web3 world. The new endeavor offers a substantial boost to the functionality of Prom, the company added. Furthermore, it simplifies the interaction of the firm’s community with the conventional assets as well as the blockchain landscape.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Recently, Prom achieved a major milestone in its development by integrating NEAR’s Data Availability to its ecosystem. Prom’s decision to integrate DA addresses one of the prominent difficulties in blockchain architecture. In addition to this, it also opens the floodgates for Prom’s rollup developers to have access to exceptional scalability opportunities.
Prom Integrates NEAR Data Availability Into the Ecosystem
We are excited to announce another strategic integration: we’re implementing @NEARProtocol DA solution to unlock scalability opportunities for rollup developers into our ecosystem.
NEAR’s Data Availability solution… pic.twitter.com/EikoFa4bVk
— Prom (@prom_io) May 3, 2024 NEAR’s DA Solution Empowers Prom Ecosystem Developers NEAR’s DA is an affordable and high performing infrastructure given to developers. The rollup developers benefit from a solid and affordable easy to implement tool to develop software, which has increased their overall impact on the Prom Ecosystem. These are the behaviors driving Prom to consider integrating NEAR’s DA solution.
Prom is committed to providing developers with the resources they need to expand and innovate their projects. NEAR’s DA solution will facilitate the entire Prom ecosystem and deal with the challenges of scalability to impact the developers.
This partnership is in line with Prom’s mission to grow an active and collaborative ecosystem where innovation is an integral part. This integration endeavors to allow developers achieve their full potential and make significant strides within the blockchain.
Prom Sets Stage for Enhanced Innovation with NEAR’s DA Solution Prom’s gesture of enabling both scalability and functionality extension on its ecosystem is a demonstration of its desire to facilitate developer community growth and development. Prom’s plan will be to ensure that the developers are catered for and that innovation is implemented within the ecosystem for its ecosystem. This also suggests that implementing NEAR’s DA solution will be just one of the many ways Prom will expose its developers but a foundation to effective application development.
Ultimately, this integration will be the start of a new era for Prom to create its innovation in blockchain, which will be much bigger and more scalable than before. Prom will be the pace-setter of this new journey in deciding how growth is implemented within the ecosystem, and many other more.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Prom has announced an integration with Chainspot, an aggregator of cross-chain web3 solutions. This partnership is bound to increase the efficiency and usefulness of the Prom network for users. Through the use of Chainspot technology, Prom will facilitate easier cross-chain transfer and more efficient operations between protocols. This integration also shows Prom’s dedication to improving the blockchain industry and its goal of building a more interconnected and efficient blockchain ecosystem.
Prom Integrates Chainspot Into the Ecosystem
Welcome @ChainspotIO, a powerful aggregator of cross-chain Web3 solutions, and a new member of Prom ecosystem of products.
Chainspot brings seamless DeFi interactions to the table through cross-chain liquidity aggregation and a smart… pic.twitter.com/No0hKNXIJf
— Prom (@prom_io) May 21, 2024 Chainspot Enhances Prom with Cross-Chain Liquidity Solutions Chainspot is renowned for ensuring efficiency in DeFi spannering from cross-chain liquidity and a smart routing system. It supports B2C and B2B transactions which means that the users can cross network transactions very efficiently in 31 platforms. Moreover, Chainspot provides different transfer services that dApp developers can use for the respective dApp.
Chainspot as part of Prom will also enable project to benefit from better Ux experiences as well as faster internal protocol transaction. Chainspot will also provide for rapid cross-chain transfers and will ultimately facilitate the real-world functionality of the Prom network.
First of all, this integration will bring important changes. This will allow one to transfer assets from one blockchain directly to Prom and back at any time and effortlessness, hence increasing the usability and interoperability of the network.
The Chainspot Router will also be in addition to Prom, be listed in the Chainspot Portal. This portal can be described as a big data hub with a mission to help users navigate various products in Web3. Listing Prom’s Chain on the Chainspot Portal will make it easier for people to access Prom’s Chain and more developers will be attracted by its ecosystem.
Prom Network Sees Major Boost with Chainspot Integration This integration with Chainspot is massive for the growth of Prom network. Prom plans to fulfill this objective by using Chainspot’s solutions that enable effective cross-chain interfaces for users. Such a partnership clearly demonstrates how Prom supports innovation and the desire to strengthen existing platforms.
In conclusion, putting Chainspot into Prom will enable all the users and developers to derive more value in various ways. Prom has a high potential for further development as a high-speed token and a reliable platform for cross-chain interaction in the ever-expanding DeFi ecosystem.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Prom, a major service provider of blockchain, has announced to integration with MVL which marks a major milestone for Web3 mobility solutions. MVL ‘s innovative approach to the mobility industry has earned its reputation, by making use of blockchain technology to integrate and upgrade all kinds of mobility services. Prom has been in the news regularly now a days with its latest integrations. Its recent integration with Chainspot is of utmost significance.
Prom Integrates MVL Into the Ecosystem
Another significant addition to our ecosystem, meet @mvlchain, a Web3 mobility ecosystem.
MVL is revolutionizing the mobility industry by utilizing blockchain technology to integrate mobility services, including TADA and ONiON Mobility,… pic.twitter.com/aCXlZXVTx4
— Prom (@prom_io) May 24, 2024 MVL Tackles Mobility Industry Challenges with Blockchain Technology Reputable services operated by MVL include TADA, a ride-hailing app, and ONiON Mobility, which champions electric cars. MVL uses blockchain technology to solve critical problems like harmmerks in the mobility industry, especially those in security, effective data processing, and transparent access to useful information. A significant project that they are working effort on is building a decentralized database through MVL DePIN the Decentralized Physical Infrastructure Network–to help manage and safeguard mobility data.
MVL also has the Mobility Incentive Protocol as an outstanding feature. This protocol encourages users to contribute valuable mobility data, which is indispensable for the ecosystem’s continual improvement. With MVL Fi, a participant who takes part in on-chain activities will enjoy huge benefits. Besides enhancing their overall experience, the system also encourages active participation.
MVL Brings Cutting-Edge Mobility Solutions to Prom’s Ecosystem Prom is very pleased to be welcoming MVL as the very first DePIN project. This integration is expected to push the limits of blockchain, beyond the digital realm and affect some tangible change in the real world. Including MVL’s special knowledge on mobility as well as technical ability represents a big win for the whole of Prom ‘s ecosystem. It also brings its mobility solutions research advances and a more integrated approach to delivering those solutions.
With its advanced technology and Robust platform. MVL and Prom form a new partnership set to reshape the mobility industry. Their collaboration tells us how blockchain technology is becoming more influential in various fields. It is also a mark of Prom’s efforts toproduce truly innovative solutions within their environment.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Prom, a popular modular ZkEVM L2 that offers interoperability across diverse chains, has recently announced an exclusive integration. The platform has reportedly integrated ARPA which is an Ethereum-based well-known permissionless network that intends to provide a privacy-preserving, secure, and fair blockchain forum. The company disclosed the news of this integration on its official X account.
Prom Integrates ARPA Into the Ecosystem
We’re thrilled to introduce another infrastructure partner in our ecosystem, meet @arpaofficial, a permissionless threshold BLS signature network.
ARPA builds a verifiable on-chain randomness oracle, Randcast, which is now live on… pic.twitter.com/RMoapemuip
— Prom (@prom_io) May 24, 2024 Prom Unveils Its Latest Integration of ARPA to Offer a Secure and Privacy-Preserving Forum It expressed its enthusiasm in a recent X post. As per the company, ARPA has now entered the list of its infrastructure partners. With this integration, Prom has reportedly onboarded ARPA onto its ecosystem. While providing details, the firm noted that ARPA developed Randcast (a certifiable randomness oracle on the chain). According to Prom, the respective project is currently live on several ecosystems.
The respective ecosystems take into account Redstone, Base, Optimism, and Ethereum. In addition to this, it is also moving forward toward the other chains. The platform added that it targets the inclusion of additional builders in the Web3 gaming sector. Keeping this in view, the latest integration plays the role of a remarkable achievement. It indicates that the firm is continuously pursuing its journey to revolutionize the gaming sphere in Web3.
The Integration Intends to Provide a Resilient Infrastructure for a Better Experience Apart from that, Prom brought to the front that infrastructure secures a critical position in every ecosystem. It added that the resilient infrastructure products offer several benefits in the Web3 realm. In this way, the respective projects strengthen this sector. The platform reportedly pays significant attention to this factor.
The platform pointed out that, in line with the vital contribution of a resilient infrastructure, it intends to boost it. It asserted that the firm pursues new opportunities to enhance the exchange across the products. The respective exchange within its ecosystem will reportedly get substantial contributions from the team of ARPA.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
