TLDR: Web3 Foundation has closed its General Grants Program, Decentralized Voices, and several other key initiatives. W3F is now focused on two pillars: global Web3 evangelism and responsible long-term asset management. Polkadot’s next development phase is being led by Parity Technologies and its broader builder community. On-chain treasury and governance tools remain active, ensuring decentralized funding continues without W3F oversight. Web3 Foundation has announced a major strategic realignment, stepping back from its hands-on operational role.
The organization is returning to its founding purpose: championing decentralized web technologies on a global scale.
For years, W3F actively helped bootstrap networks like Polkadot and Kusama into functioning, community-driven ecosystems.
As those networks have now reached a level of maturity, the Foundation is refocusing its priorities. It will concentrate on global advocacy and disciplined long-term asset management.
Concluded Programs Mark a Shift in the Foundation’s Operational Direction Web3 Foundation has already closed several key programs as part of this transition. These include the General Grants Program, Support, Decentralized Voices, and Decentralized Nodes.
Each of these programs played a distinct role during the ecosystem’s early growth stages. Their conclusion marks a clear shift in how W3F operates.
Returning to its roots.
The Web3 Foundation is entering a new chapter by narrowing its operational scope and returning to its founding mission of stewarding and accelerating the technologies that enable the decentralized web on a global scale.
Read more about it here:… pic.twitter.com/6gFpvkRW5T
— Web3 Foundation (@Web3foundation) March 5, 2026
Over the past year, W3F undertook a thorough review of its programs and spending. Several resource-heavy bounties were closed, and spending was carefully audited throughout this period.
Clearer documentation and operational guidelines were established based on lessons learned along the way.
Moreover, several additional initiatives are being evaluated for transition to external teams. These include the JAM Prize, Polkadot Governance Support, the Polkadot Wiki, and developer documentation.
The Knowledge Base and Kusama Vision are also among the programs being considered for handover.
Despite these changes, decentralized funding mechanisms remain fully active within the ecosystem. Communities still have direct access to on-chain governance and treasury tools for funding initiatives. These pathways continue to support innovation without requiring centralized oversight from the Foundation.
Two Core Priorities Will Define the Foundation’s Long-Term Strategy Web3 Foundation is now centering its work around two clear pillars going forward. The first involves evangelizing and advancing the decentralized web on a global scale. The second focuses on safeguarding the Foundation’s assets in alignment with its broader Web3 mission.
At the same time, Polkadot is entering a phase focused on building products with real-world utility. Parity Technologies and a wider community of builders are now driving this development stage. The Foundation’s reduced operational role is designed to complement, rather than direct, this effort.
This transition also reflects how blockchain ecosystems naturally evolve over time. As networks become self-sustaining, support structures around them must adapt accordingly.
W3F is repositioning itself as a long-term steward rather than a day-to-day operational body. This approach allows the Foundation to focus on higher-level advocacy work.
Furthermore, this realignment places greater emphasis on disciplined asset allocation going forward. Resources will be directed toward efforts with the greatest global impact.
Through advocacy and financial stewardship, the Foundation aims to strengthen the Web3 ecosystem for years to come.
PANews reported on March 7th that the Web3 Foundation announced a strategic shift, returning to its core mission of promoting and managing Web3 resources, supporting community, governance, and technological infrastructure, and focusing more on its long-term vision and resource management. Based on this strategic shift, the Web3 Foundation will transfer several projects and initiatives, including the JAM Prize, Polkadot governance support, the Polkadot Wiki, the knowledge base, Kusama Vision, and developer documentation, to other teams and organizations to ensure long-term impact and a healthy ecosystem.
Sen. Bill Cassidy (R-Louisiana) leaves a closed-door meeting with the president and GOP senators on Wednesday. (AP)
Gen. Christopher Donahue, left, at a media event in Poland in 2022. (AP)
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Preparations this week for the Great American State Fair on the National Mall. (Al Drago for The Post)
Price and Cincinati on the day they got engaged, June 3, in Santa Rosa Beach, Florida. (Amanda Price)
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COLOGNE, Germany (AP) — A mirror room dappled with colored dots. Contorted, bright sculptures of flowers on a rooftop at the foot of Cologne’s famed cathedral. A vast showroom with giant octopus-like tentacles that offer up a mesmerizing meander through space and obstacles.
The renowned Museum Ludwig in the western German city is celebrating its 50th anniversary by opening a nearly five-month exhibit on Saturday, with more than 300 works of the famed Japanese artist Yayoi Kusama.
The trek through the time and transformation of the now nonagenarian artist assembles works ranging from her first drawing in the mid-1930s to a newly commissioned “Infinity Mirror Room” made for the show.
Kusama, who turns 97 this month, has become a social media sensation with her use of bright colors and oozy shapes that reflect her feeling of awe about life. Her own life carried her from patriarchal postwar Japan to New York to the Flower Power and anti-Vietnam war movements in the 1960s. She returned home to Japan in 1973.
Curator Stephan Diederich says the exhibit, which runs through Aug. 2, is “very diverse, wide-ranging, and depicts an immensely rich, creative life spanning more than eight decades, still looking ahead.”
Works include her series “My Eternal Soul, 2009-2021,” including a patchwork of paintings, to “The Universe as Seen from the Stairway to Heaven” — made of mirror, glass and acrylic sheet. The museum entrance hosts her widely-recognized 2009 “Pumpkin” of fiber-reinforced plastic and polyurethane paint, belonging to Museum Voorlinden in the Netherlands.
The rooftop display features painted-bronze sculptures “Flowers That Speak All about My Heart Given to the Sky” from 2018, and “I’m Here, but Nothing,” whose origins date back to 2000, involves fluorescent stickers and ultraviolet fluorescent lights illuminating a room of household objects.
“Kusama is undoubtedly one of the most significant artists of our time,” he said. “Her mirror rooms, balloon installations and polka dots have achieved cult status and are now iconic.”
Her multifaceted works often relate to the world of nature. She grew up in the greenhouses and fields of her family’s enormous seed nursery in Matsumoto, Japan. When Kusama was young, she began having vivid hallucinations, some of which involved polka dots or flowers spreading around her. She has fought through existential anxieties.
“In my more than 70 years as an artist, I have always been in awe of the wonder of life,” she said in a statement. “More than anything, this strong sense of the life force in artistic expression is what has supported me and gave me power to overcome feelings of depression, hopelessness and sadness.
“I have been guided by my belief in this power,” Kusama said.
Diederich said that Kusama has been living in relative seclusion in a Tokyo clinic for years, and communicated “indirectly” with the curatorial team. She still works every day, “as far as her health allows” and has taken an active interest in the show, he said.
Yayoi Kusama is one of Japan's foremost contemporary artists. She's known for her Instagramable "Infinity Rooms" — immersive installations that use mirrors, lights and reflective surfaces to create the illusion of endless space — as well as her large-scale polka dot sculptures. While her works often appear playful, behind them lies the story of a woman who has faced major social and mental health challenges.
Around the age of 10, Yayoi Kusama began experiencing hallucinations, seeing dots and net patterns enveloping everything in her mind's eye. She has attributed these early visions to the psychological strain of growing up with an unloving mother, who forbade her from painting and tried to impose traditional expectations on her behavior.
Although she continues to experience hallucinations, Kusama has learned to live with them and channel them into her art. "My artwork is an expression of my life, particularly of my mental disease," Kusama once told US arts publication Bomb Magazine.
After attending the Kyoto School of Arts and Crafts, Kusama held her first exhibitions in her hometown of Matsumoto. She was unusually open about her mental health at a time when such topics were heavily stigmatized. "It was extraordinary that she addressed it so openly," said Stephan Diederich, curator of the Kusama retrospective at Cologne's Museum Ludwig, which is on show until August 2, 2026.
"For her, art was a survival strategy and a form of therapy, which she always made clear without making it the main focus," Diederich told DW.
The Hong Kong exhibition 'Dots Obsession' at M+ Museum was a hit with fans of all agesImage: Daniel Ceng Shou-Yi/ZUMA/picture alliance Kusama's escape to New York For Kusama, who was born on March 22, 1929, life in Japan soon became too stifling.
"[My parents] were always trying to rope me into arranged marriages with men I'd never met who came from very particular families," Yayoi once told writer Andrew Solomon, referring to her early 20s as "my era of mental breakdown." She increasingly felt like "a prisoner surrounded by a curtain of depersonalization."
Finally, she broke free from the conventions and expectations of postwar Japan and moved to New York in 1958. "She was exceptionally self-confident and determined to go her own way and pursue a career," said Diederich. Kusama's mother provided her with financial support to get started — on the condition that she never return to Japan.
Fellow artist Georgia O'Keeffe, to whom Kusama had previously sent a selection of her works, helped her gain a foothold in the US.
Kusama often spent entire days working and produced a vast body of art. She became part of the New York avant-garde scene, where her meticulous "Infinity Net" paintings drew attention for their hypnotic, repetitive patterns.
Her works, including soft, often phallic fabric sculptures, paralleled some of the approaches of contemporaries like Andy Warhol and Claes Oldenburg.
"She was very confident in saying that she set the benchmarks that her male colleagues later drew on," explained Diederich. However, he added, it's impossible to determine definitively who was first.
Kusama's 'Infinity Nets' have been on display all over the world, including in a 2021 exhibition in Tel AvivImage: Debbie Hill/UPI Photo/newscom/picture alliance In any case, her male fellow artists were more commercially successful than the young Asian woman, contributing to her attempted suicide, which she fortunately survived. Kusama made a statement about the gender pay gap with her sculpture "Traveling Life" (1964), which features a ladder covered in phallic shapes with women's shoes on the steps. Phalluses are another recurring motif Kusama used to process her "fear of sex as something dirty," as she wrote in her 2022 autobiography.
Returning to the universe through self-obliteration In the 1960s, Kusama held "happenings" as protests against the Vietnam War. They were often provocative, sometimes involving nudity and sexual activity, although Kusama often noted that she didn't personally participate in the sexual aspects of these events.
"Why should people who share pleasure with each other go to war and kill others? Through free sex, the wall between me and others can be torn down," Kusama wrote in her autobiography.
She was known for painting nude female and male bodies with dots, with the aim of erasing the individuality of those painted. She calls this "self-obliteration," and it runs through her entire body of work. "By obliterating one's self, you return to the infinite universe," Kusama once said.
In 1966, Kusama staged her work "Narcissus Garden" at the Venice Biennale. She placed 1,500 mirrored spheres on the lawn outside the entrance of the Venice Biennale, which she hadn't been invited to, and attempted to sell them for $2 each. Biennale officials eventually intervened and stopped the sale, but the work still served as a pointed critique of the commercialization of the art world and the role of artists in it.
Kusama's 'Infinity Room' exhibition in London in 2024 asked viewers to have an existential experienceImage: Justin Ng/Avalon/Photoshot/picture alliance Fame later in life In 1993, Kusama returned to the Venice Biennale as an officially invited artist, representing Japan.
She later told the Financial Times that she wanted "to become more famous, even more famous," a remark that reflects how important recognition had become in her career and one that some commentators critiqued as overly focused on fame.
An 'Infinity Mirrored Room' in a 2026 exhibition in Basel features inflatable elementsImage: Stefan Boness/Ipon/picture alliance Today, she could hardly be more famous: in 2018, The Broad museum in Los Angeles quickly sold 90,000 advance tickets for a Kusama exhibition. A yearlong show at London's Tate Modern in 2022 sold out in no time, as did the one-year extension. Her artworks now fetch millions at auction.
Yayoi Kusama returned to Japan in 1973 and chose to live in a psychiatric clinic in Tokyo, where she continues to receive treatment for her mental health. She remains highly productive, creating paintings, sculptures, installations and other works that are exhibited around the world.
"I will continue to create artwork as long as my passion keeps me doing so. I am deeply moved that so many people have been my fans," she said. "I suppose I would not be able to know how people would evaluate my art until after I die. I create art for the healing of all mankind."
The Museum Ludwig in Cologne is showing the retrospective "Yayoi Kusama" until August 2, 2026.
Yayoi Kusama is one of Japan's foremost contemporary artists. She's known for her Instagramable "Infinity Rooms" — immersive installations that use mirrors, lights and reflective surfaces to create the illusion of endless space — as well as her large-scale polka dot sculptures. While her works often appear playful, behind them lies the story of a woman who has faced major social and mental health challenges.
Around the age of 10, Yayoi Kusama began experiencing hallucinations, seeing dots and net patterns enveloping everything in her mind's eye. She has attributed these early visions to the psychological strain of growing up with an unloving mother, who forbade her from painting and tried to impose traditional expectations on her behavior.
Although she continues to experience hallucinations, Kusama has learned to live with them and channel them into her art. "My artwork is an expression of my life, particularly of my mental disease," Kusama once told US arts publication Bomb Magazine.
After attending the Kyoto School of Arts and Crafts, Kusama held her first exhibitions in her hometown of Matsumoto. She was unusually open about her mental health at a time when such topics were heavily stigmatized. "It was extraordinary that she addressed it so openly," said Stephan Diederich, curator of the Kusama retrospective at Cologne's Museum Ludwig, which is on show until August 2, 2026.
"For her, art was a survival strategy and a form of therapy, which she always made clear without making it the main focus," Diederich told DW.
The Hong Kong exhibition 'Dots Obsession' at M+ Museum was a hit with fans of all agesImage: Daniel Ceng Shou-Yi/ZUMA/picture alliance Kusama's escape to New York For Kusama, who was born on March 22, 1929, life in Japan soon became too stifling.
"[My parents] were always trying to rope me into arranged marriages with men I'd never met who came from very particular families," Yayoi once told writer Andrew Solomon, referring to her early 20s as "my era of mental breakdown." She increasingly felt like "a prisoner surrounded by a curtain of depersonalization."
Finally, she broke free from the conventions and expectations of postwar Japan and moved to New York in 1958. "She was exceptionally self-confident and determined to go her own way and pursue a career," said Diederich. Kusama's mother provided her with financial support to get started — on the condition that she never return to Japan.
Fellow artist Georgia O'Keeffe, to whom Kusama had previously sent a selection of her works, helped her gain a foothold in the US.
Kusama often spent entire days working and produced a vast body of art. She became part of the New York avant-garde scene, where her meticulous "Infinity Net" paintings drew attention for their hypnotic, repetitive patterns.
Her works, including soft, often phallic fabric sculptures, paralleled some of the approaches of contemporaries like Andy Warhol and Claes Oldenburg.
"She was very confident in saying that she set the benchmarks that her male colleagues later drew on," explained Diederich. However, he added, it's impossible to determine definitively who was first.
Kusama's 'Infinity Nets' have been on display all over the world, including in a 2021 exhibition in Tel AvivImage: Debbie Hill/UPI Photo/newscom/picture alliance In any case, her male fellow artists were more commercially successful than the young Asian woman, contributing to her attempted suicide, which she fortunately survived. Kusama made a statement about the gender pay gap with her sculpture "Traveling Life" (1964), which features a ladder covered in phallic shapes with women's shoes on the steps. Phalluses are another recurring motif Kusama used to process her "fear of sex as something dirty," as she wrote in her 2022 autobiography.
Returning to the universe through self-obliteration In the 1960s, Kusama held "happenings" as protests against the Vietnam War. They were often provocative, sometimes involving nudity and sexual activity, although Kusama often noted that she didn't personally participate in the sexual aspects of these events.
"Why should people who share pleasure with each other go to war and kill others? Through free sex, the wall between me and others can be torn down," Kusama wrote in her autobiography.
She was known for painting nude female and male bodies with dots, with the aim of erasing the individuality of those painted. She calls this "self-obliteration," and it runs through her entire body of work. "By obliterating one's self, you return to the infinite universe," Kusama once said.
In 1966, Kusama staged her work "Narcissus Garden" at the Venice Biennale. She placed 1,500 mirrored spheres on the lawn outside the entrance of the Venice Biennale, which she hadn't been invited to, and attempted to sell them for $2 each. Biennale officials eventually intervened and stopped the sale, but the work still served as a pointed critique of the commercialization of the art world and the role of artists in it.
Kusama's 'Infinity Room' exhibition in London in 2024 asked viewers to have an existential experienceImage: Justin Ng/Avalon/Photoshot/picture alliance Fame later in life In 1993, Kusama returned to the Venice Biennale as an officially invited artist, representing Japan.
She later told the Financial Times that she wanted "to become more famous, even more famous," a remark that reflects how important recognition had become in her career and one that some commentators critiqued as overly focused on fame.
An 'Infinity Mirrored Room' in a 2026 exhibition in Basel features inflatable elementsImage: Stefan Boness/Ipon/picture alliance Today, she could hardly be more famous: in 2018, The Broad museum in Los Angeles quickly sold 90,000 advance tickets for a Kusama exhibition. A yearlong show at London's Tate Modern in 2022 sold out in no time, as did the one-year extension. Her artworks now fetch millions at auction.
Yayoi Kusama returned to Japan in 1973 and chose to live in a psychiatric clinic in Tokyo, where she continues to receive treatment for her mental health. She remains highly productive, creating paintings, sculptures, installations and other works that are exhibited around the world.
"I will continue to create artwork as long as my passion keeps me doing so. I am deeply moved that so many people have been my fans," she said. "I suppose I would not be able to know how people would evaluate my art until after I die. I create art for the healing of all mankind."
The Museum Ludwig in Cologne is showing the retrospective "Yayoi Kusama" until August 2, 2026.
The Shiba Inu ecosystem has once again become the center of attention following the return of one of its key community leaders, Shytoshi Kusama, to the social media platform X. After a nearly two-week hiatus, Kusama reignited interest and speculation about the project’s future direction with his latest remarks and updates to his profile. This move has led to fresh debate among Shiba Inu supporters and market watchers about possible new projects and strategic shifts in the near term.
All eyes on Shiba Inu as Kusama reappearsAs a prominent figure and strategic voice in the Shiba Inu community, Shytoshi Kusama plays a vital role in setting the project’s roadmap. Kusama broke his silence after 13 days, having been inactive since April 9, by re-engaging on X. He drew attention by replying to a message about erasing the past and also announced a major community event scheduled for Saturday. By updating his profile and biography, Kusama hinted at the beginning of a new phase for the Shiba Inu project.
“A date has been set: Saturday. Let us set an appointment using only evidence within holy texts; see you at the start of the next phase,” Kusama invited the community to the upcoming event, after earlier signaling technological advancements and bringing ethical debates to the table.
With these words, Kusama rallied the community to the anticipated gathering. In previous statements, he also hinted at a renewed focus on technological innovation as well as ethical discussions shaping the project’s roadmap.
Price swings and key indicators for SHIBAccording to data from CryptoAppsy, SHIB’s price dipped by 1.8 percent within the last 24 hours, falling to $0.000006235. This correction follows a three-day rally that began on April 20. During that uptrend, SHIB rebounded from $0.00000589 to peak at $0.00000629 on April 22 but ran into resistance at that level.
Short-term movements reveal a resistance point forming around $0.00000629. Open interest in SHIB futures dropped by 11 percent in the past 24 hours, reaching $58.99 million. This decline signals a brief cool-off in derivatives market activity. Investors are closely watching to see if SHIB can sustain itself above the $0.00000629 mark for ongoing upward momentum.
On daily charts, support near the 50-day moving average at $0.0000059 is seen as a pivotal short-term threshold. Market analysts suggest that if this support holds, the next targets could be $0.0000076 and potentially $0.000008. However, if SHIB loses strength at these levels, sideways trading and a period of consolidation may follow.
Market uncertainty persistsThe latest shifts in Shiba Inu’s price are mirroring broader trends in market liquidity and the overall behavior of meme coins. On-chain indicators and positioning in the derivatives market now serve as important drivers for SHIB’s direction. The heightened community engagement around the upcoming event is expected to keep short-term volatility elevated.
While the community eagerly awaits further developments, many traders remain focused on short-term price action and key technical levels as the signals for Shiba Inu’s next move.
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.
Shytoshi Kusama, a leading figure in the Shiba Inu ecosystem, continues to maintain his silence on the X platform. After recently updating his biography, Kusama has refrained from making new posts or engaging with content on the platform. This quiet period has led the SHIB community to speculate whether the lack of updates is connected to potential developments within the project.
Kusama’s latest activity on XKusama’s most recent post on X dates back to May 13, when he tagged Shiba Inu developer Kaal Dhairya. Since then, he has not shared further statements, extending a stretch of reduced public communication that has been noted since late 2024. This ongoing silence appears to be part of a broader pattern observed in his engagement with the community.
Previously, Kusama addressed his lack of communication, emphasizing that innovation-driven work has kept him focused behind the scenes. Notably, he mentioned being involved in an independent artificial intelligence initiative. The current bio message on his X profile reflects this new focus.
Kusama’s X profile biography now reads: “Pure Focus: AI App/site: R.OS Finishing touches. Beta website complete. Final bug pass.”
Among Shiba Inu supporters, Kusama is a closely-watched figure for guidance on the project’s direction and communication. His profile location still lists previous priorities, indicating “Backlog, Marketing, Positioning” as ongoing areas of responsibility.
Glossary: A beta website is a test version of a product or site, released to a limited audience for initial feedback. A final bug pass means checking for any remaining technical issues before the site goes live.
SHIB trades sideways amid quiet periodThe current silence from the Shiba Inu leadership mirrors broader market conditions. Recent weeks have seen the meme coin segment move from sharp rallies to weaker price action and a period of accumulation. SHIB is following this trend, displaying stable movement near recent lows without major volatility.
According to the latest data, SHIB fell 0.47% in the past 24 hours to $0.000004699. The weekly loss stands at roughly 6%. Although the asset showed some gains the previous week, selling pressure dominated most of the past seven days, with prices stabilizing somewhat by the weekend.
Key support and resistance levels in focusInvestors are concentrating on clear price levels in the current trading environment. Should SHIB’s decline continue, the $0.0000043 support zone is seen as critical. On the other hand, any rebound may target resistance at $0.0000055.
Additionally, SHIB has depreciated for five consecutive days since June 16. If today also closes lower, the losing streak will extend to a sixth day. As a result, both Kusama’s communication activity and SHIB’s reaction to these technical levels remain top concerns for the community in the short term.
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.
Shiba Inu lead developer Shytoshi Kusama has continued to maintain a low profile on X, even as broader market weakness weighs heavily on SHIB’s performance.
Kusama has remained inactive on the social media platform for more than a month. His last appearance came on May 13, when he shared an enthusiastic post and tagged fellow developer Kaal Dhairya.
At the time, many community members believed the developers were preparing to unveil a major update that could potentially support SHIB’s price. However, shortly after that post, Kusama went completely silent.
Since then, he has neither published new posts nor interacted with other X users through likes or replies.
A Familiar Pattern for the Shiba Inu Community For long-time members of the Shiba Inu community, Kusama’s absence is not unusual. The lead developer has developed a reputation for stepping away from social media for weeks or even months at a time.
One notable example occurred in December 2025, when he temporarily left X while exploring artificial intelligence (AI) solutions aimed at strengthening the broader Shiba Inu ecosystem.
He eventually returned in late January 2026 to a warm reception from community members. Since then, he has repeatedly disappeared for brief periods before resurfacing. This latest absence, however, has now stretched beyond five weeks, with no indication of when he plans to return.
AI Project Continues to Command Kusama’s Attention Meanwhile, Kusama has consistently linked his social media inactivity to his ongoing artificial intelligence initiative, which he previously described as the next phase of Shiba Inu’s evolution.
Although he initially connected the AI effort to the SHIB ecosystem, recent updates suggest the project, known as R. OS, will operate independently of Shiba Inu.
According to information in his updated bio, Kusama is currently focused on developing the project’s application. He also noted that the website’s beta version has been completed and that the final bug-testing phase has been passed.
Shiba Inu Lead X Profile The continued development of R. OS has fueled concerns among some investors who still view Kusama primarily as Shiba Inu’s lead developer.
Their concerns stem from the fact that the project is not directly designed to support core ecosystem tokens such as SHIB, BONE, LEASH, or TREAT. As a result, some community members have begun questioning whether Kusama’s priorities have shifted away from Shiba Inu altogether.
SHIB Risks Losing Top 30 Spot Kusama’s latest disappearance comes at a challenging time for SHIB. The broader cryptocurrency market has exerted significant downward pressure on the token, pushing it below the $0.000005 level in recent days. At press time, SHIB trades at $0.000004677 with a market cap of $2.75 billion.
The token has declined 32.3% since the start of the year and remains 94.73% below its all-time high of $0.00008845. As a result, SHIB now faces the risk of slipping out of the top 30 cryptocurrencies by market cap. The token currently ranks as the world’s 29th-largest cryptocurrency, while PYUSD and AVAX trail closely behind with market capitalizations of $2.74 billion and $2.72 billion, respectively.
Shiba Inu ranking on CMC DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Sushi price has bounced from the $0.73 daily support, where the point of control (POC) and 0.618 Fibonacci retracement converge. This bullish reaction increases the probability of a continuation toward $0.93.
Summary
$0.73 Support Zone: Confluence of the point of control and 0.618 Fibonacci retracement. Double Bottom Potential: Two retests of support suggest a reversal structure forming. Upside Target at $0.93: Next key resistance level if support holds and volume confirms. Sushi’s (SUSHI) recent price action highlights a strong defense of a key technical zone. The $0.73 level, which combines the point of control and the golden pocket retracement at the 0.618 Fibonacci, has acted as a springboard for a bullish reaction.
From a structural standpoint, the market remains bullish on the daily timeframe, supported by a consistent pattern of higher highs and higher lows. This corrective dip is therefore considered a constructive retest, not a breakdown.
The reaction from this confluence level is particularly important. The point of control reflects the area of highest traded volume, suggesting strong market interest, while the golden pocket retracement is historically one of the most reliable continuation zones. The overlap of these two signals makes $0.73 a critical support to hold for the ongoing uptrend.
Key technical points $0.73 Support Zone: Confluence of POC and 0.618 Fibonacci retracement, currently defended by bulls. Daily Market Structure: Higher highs and higher lows intact, framing the correction as a higher low. Upside Target at $0.93: Holding support sets up a rally toward the next resistance level. SUSHIUSDT (1D) Chart, Source: TradingView From a technical perspective, the corrective move into $0.73 fits neatly into the broader bullish market structure. Each pullback has so far resulted in the establishment of higher lows, signaling continued demand. The latest bounce suggests traders are still committed to accumulating Sushi at discounted levels, increasing the likelihood of upside continuation.
Momentum indicators also support the bullish case. Price remains above its daily moving averages, and the rejection of lower levels indicates strong absorption of selling pressure. If follow-through buying emerges, a push toward $0.93 resistance becomes the most probable scenario in the near term.
The broader structure for Sushi shows potential for further bullish expansion beyond $0.93 if momentum continues to build. While short-term volatility may remain, the combination of strong support, healthy retracement levels, and consistent higher-timeframe structure keeps the outlook tilted toward the upside.
What to expect in the coming price action As long as Sushi defends the $0.73 region on daily closes, the bullish market structure remains intact. A rally toward $0.93 is the immediate projection, with the potential for further continuation if volume supports the breakout. Traders should watch for consolidation above support and increasing demand, as these will confirm the validity of the ongoing trend.
SushiSwap price has broken out of a descending triangle pattern that had kept it in a downtrend since mid-July.
Summary
SUSHI price has been on a downtrend since July. The token has invalidated a multi-month descending triangle pattern. According to data from crypto.news, Sushi (SUSHI) was trading at $0.79 up 2% in the past 24 hours and 6.3% in the past 7 days. Its market cap stood at $153 million as of press time.
Despite its weekly gains, the token remains 62% below its July high, since when bears have brought the token down to $0.70 multiple times.
A few catalysts have emerged that could support further upside for SUSHI.
First, SushiSwap has recently gone live on HyperEVM. This enables swapping HyperEVM assets via its aggregator interface, marking a deeper integration with the Hyperliquid ecosystem.
Such a move positions SUSHI at the center of a growing multi-chain liquidity network and expands its use case across more than 40 supported chains.
Another factor that could support its potential is the strong earnings recorded in Q3 of this year. Notably, earnings currently stand at $2.77 million, significantly higher than the approximately $200,000 reported in the previous quarter. A sharp increase in earnings indicates that DeFi protocols built on SushiSwap are being used more actively and that revenue efficiency has improved, a factor that could boost investor sentiment toward the token and, in turn, drive further interest.
SUSHI price targets 45% upside after invalidating a descending triangle On the daily chart, SUSHI price had formed a multi-month descending triangle pattern, a technical setup typically formed by a series of lower highs converging toward a horizontal support level, indicating sustained bearish pressure.
SUSHI price has broken out of a descending triangle pattern on the daily chart — Sep. 10 | Source: crypto.news It has invalidated the pattern today, a sign that bears are losing control and marking a bullish reversal in technical analysis. This shift in trend is further supported by a golden cross that remains in play, after the 50-day simple moving average crossed above the 200-day SMA. The last time such a crossover occurred, SUSHI rallied by as much as 120%.
Based on these bullish technicals, the path of least resistance points to a target of $1.16, a level calculated by measuring the height of the descending triangle and projecting it upward from the breakout point. This target remains nearly 47% above the current price as of press time.
However, the setup would be invalidated if SUSHI loses the $0.75 psychological support, which would open the path to further losses down to $0.70, the level marked by its 200-day moving average.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Sushi has officially launched on Berachain, bringing its swap interface and aggregator pricing to the emerging Layer-1 today (September 11, 2025). The move lets users trade Berachain-native assets directly through Sushi’s familiar UI.
Berachain is a high-performance, EVM-compatible Layer 1 built with the Cosmos SDK that uses a novel Proof-of-Liquidity (PoL) consensus mechanism, a design intended to tie chain security to deep on-chain liquidity provisioning. The project’s docs explain PoL as an evolution of classical staking models that reward active liquidity participation.
Supporting 40+ Chains On the user side, the integration is straightforward. Sushi’s Aggregator powers swaps on Berachain, aiming to find the best-price routes and provide a seamless multi-chain trading experience. Sushi now supports trading across 40+ chains, and Berachain is the newest addition. That means traders can access native Berachain tokens through the same swap flow they already use on Sushi.
Sushi’s announcement encourages users to “start swapping on Berachain via Sushi today,” and promises additional features to follow as the integration matures, a development that could help deepen liquidity on Berachain while giving Sushi users more cross-chain options. The official blog post from Sushi contains the full integration notes and links to Berachain’s docs for developers who want to learn more.
What to watch next? See how quickly liquidity and trading volume pick up on Berachain, and which Sushi features (liquidity mining, V3 pools, or cross-chain routing improvements) arrive next. For now, anyone interested can head to Sushi’s swap page to try Berachain trades.
AUTHOR
Mushumir Butt is a seasoned crypto journalist with over three years of experience reporting on the world of blockchain and cryptocurrency. At Blockchain Reporter, he delivers insightful news, in‐depth project reviews, and precise price analysis and predictions. With a strong background in SEO and digital marketing, Mushumir excels at breaking down complex trends into clear, accessible content, ensuring readers stay ahead in the fast‐paced crypto space.
Sushi is now live on Kadena, giving traders and liquidity providers a fresh place to swap, stake, and experiment. The integration lets Sushi users access v2 pools on Kadena directly through Sushi’s familiar interface, swaps, LP positions, rewards and all the usual tools are available on a new Layer 1 built around proof-of-work.
Kadena isn’t another copy of the chains we’ve seen before. Its Chainweb design braids multiple parallel PoW chains together so the network can scale without giving up the security model PoW is known for. That architecture, together with newly added EVM compatibility, means teams can deploy Solidity contracts and take advantage of parallel execution and low gas costs without reaching for Layer 2s or switching to validator-based security. Kadena also ships its own Pact smart contract language, human-readable and pitched as easier to audit. and its creators stress energy efficiency as Chainweb scales.
A New Era for Secure and Scalable DeFi Trading This summer, Kadena pushed the next chapter in that plan with a Chainweb EVM testnet that drew more than 50 projects and a $50 million grant fund to spur development. For DeFi builders and institutions looking for higher throughput without giving up PoW security, that combination is an appealing experiment.
For Sushi users, the change is practical: you can swap on Sushi’s v2 AMM on Kadena and provide liquidity to earn rewards, all through tools you already know. It’s a straightforward way to move capital into an environment that claims low fees and high throughput while keeping to a PoW security model.
The move matters because it stretches what many people assume about PoW blockchains. If Kadena delivers on its promises, sustained developer activity, real liquidity and the cost/security trade-offs it advertises, this could be an important example of DeFi running on an alternative L1 architecture. For now, Sushi’s presence simply gives traders and LPs one more place to deploy capital and see how a braided PoW approach handles the demands of modern decentralized finance.
AUTHOR
Mushumir Butt is a seasoned crypto journalist with over three years of experience reporting on the world of blockchain and cryptocurrency. At Blockchain Reporter, he delivers insightful news, in‐depth project reviews, and precise price analysis and predictions. With a strong background in SEO and digital marketing, Mushumir excels at breaking down complex trends into clear, accessible content, ensuring readers stay ahead in the fast‐paced crypto space.
PANews reported on December 1st that Sushi CEO Jared Grey announced he will step down from his leadership role (Head Chef of SushiSwap and Managing Director of Sushi Labs) to become an advisor. Synthesis, led by Alex McCurry, has made a significant capital investment in Sushi to support its long-term development and operations. Alex has also joined Sushi as Managing Director, leading the company into a new era. Grey stated, "While I will be stepping down from my leadership role, I will continue to provide strategic guidance to Alex and the team."
US-listed AI chip stocks saw mixed pre-market performance, with Qualcomm surging 13%.
According to Bitget market data, U.S. AI chip stocks posted mixed pre-market performance: Qualcomm (QCOM.O) surged 13%, Intel (INTC.O) rose nearly 6%, AMD (AMD.O) gained nearly 4%, and Google (GOOG.O) declined 1.4%.
5 minutes ago
Micron Technology surges 18% in pre-market trading on US stocks
According to Bitget market data, the US stock storage sector is seeing broad pre-market gains. Micron Technology (MU.O) jumps 18% in pre-market trading, as its strong earnings significantly exceeded expectations, with multiple major banks raising the stock’s target price. SanDisk (SNDK) rises 12.25%, Western Digital (WDC) gains 12.05%, and Seagate Technology (STX) climbs 8.63%.
5 minutes ago
SBI announced it will acquire cryptocurrency trading platform Bitbank for 46.7 billion yen.
According to Nikkei News, Japanese financial group SBI Holdings announced on the 25th that it will acquire cryptocurrency exchange platform bitbank for 46.7 billion yen (approximately $288 million). Upon completion of the transaction, SBI Group’s crypto asset custody scale is expected to exceed 1 trillion yen, making it one of the largest operators in Japan’s crypto industry. Per the plan, a subsidiary under SBI Holdings will acquire Bitbank shares from individual shareholders including its founders as early as August this year. Bitbank will then repurchase shares held by existing shareholders MIXI and Ceres by the end of October. If combining data from SBI’s own crypto exchange SBI VC Trade and Bitbank, as of April this year, the two firms had a total of around 2.92 million accounts and total custody assets of approximately 1.1 trillion yen. While different crypto exchanges disclose custody assets at varying time points, among Japan’s major industry competitors, bitFlyer held about 960 billion yen in custody assets as of the end of December 2025, and Coincheck had around 800 billion yen as of the end of March 2025.
5 minutes ago
Bithumb was fined for sharing user data overseas without consent.
South Korean regulatory authorities have ordered cryptocurrency exchange Bithumb to pay a 210 million won (approximately $136,000) fine for sharing user personal information with overseas platforms without user consent. According to an announcement released Thursday by South Korea’s Personal Information Protection Commission (PIPC), the relevant user data exposure occurred between September and November 2025. At that time, Bithumb transferred user information to overseas platforms while sharing its USDT market order book data. The PIPC also noted that when assisting users with asset transfers to 13 overseas exchanges, Bithumb failed to obtain full and sufficient user consent before sharing personal details including names, wallet addresses, and dates of birth. For the two violations, the PIPC not only imposed the fine but also ordered Bithumb to rectify its processes and management systems related to cross-border transmission of user information.
PANews reported on December 1st that Sushi announced on its X platform that Synthesis, led by Alex McCurry, has made a significant long-term strategic investment in the Sushi protocol, including the purchase of over 10 million SUSHI tokens. Alex will join and lead the SUSHI protocol team. Sushi achieved profitability in 2024, with revenue exceeding $10 million from its AMM, aggregator, and related products. With Synthesis's support, Sushi aims to expand its annual revenue to over $20 million in the coming years, focusing on robust growth, clear execution, and a sustainable business foundation.
Previously, it was reported that Jared Grey announced his resignation from his leadership position at Sushi and his transition to an advisory role, and that Sushi had received a large investment from Synthesis.
Welcome to the Sushi Monthly Recap! 🗞️🍣 This post will outline some of the major operational, technical, and community milestones reached in the past month. We've summarized all articles and announcements as well as some of the exciting things to come. Without further ado, let's dive into the highlights!
RouteProcessor9 is Live on Monad— Sushi.com (@SushiSwap) November 24, 2025 🎉 RouteProcessor9 (RP9) is officially live on Monad! See what all of the hype is about today and experience seamless swaps, competitive quotes and endless sources of liquidity, all in one place: Sushi 🍣
👉 Try out RP9 on Monad here
Sushi 🤝 Verification, Safety, TrustWe're honored to be a part of the very first App Certified cohort from @WalletConnect 🤝
We take safety seriously here at Sushi, and we're proud to display our commitment to our users' safety and experience every chance we get
Trust the apps you connect to, and swap anything on… https://t.co/K68RQ2CUaQ
— Sushi.com (@SushiSwap) November 24, 2025 🎓 We were honored last month by being selected as part of the inaugural App Certified class from WalletConnect! App Certified verifies authenticity, setting a new standard for app security and UX, allowing for users to connect confidently to all apps that were bestowed the honor.
We take our users' safety very seriously, and we will continue to do everything in our power to ensure our users stay safe at each and every turn 🤝
Aggregator Surpasses 20 BILLION Total Volume📈 The Sushi Aggregator has officially surpassed $20B in total volume!
We'd like to thank everyone that has helped us achieve this milestone - none of this would be possible without you!
👉 This is only the beginning - SWAP ANYTHING with the Sushi Aggregator today:… pic.twitter.com/bA67HTX1nE
— Sushi.com (@SushiSwap) November 13, 2025 ⛓️ The Sushi Aggregator has officially surpassed 20 BILLION dollars in total volume! This is a huge milestone, but one that we plan to crush in the coming months as more and more people catch on to the true power of the Sushi Aggregator.
👉 SWAP ANYTHING on Sushi and try out the aggregator today here
📈 Track the Sushi Aggregator's KPIs in real time here
Katana Ecosystem Review👀⚔️
"Katana closed October with another month of durable performance, showcasing why its diversified revenue architecture and near-perfect capital efficiency separate it from the broader L2 landscape."
✍️ An excellent write up on @katana from the @BlockworksAdv team! https://t.co/6hYysNgClp
— Sushi.com (@SushiSwap) November 18, 2025 ✍️ Blockworks Advisory released a comprehensive report on the Katana ecosystem a few weeks ago, highlighting Katana's diversified revenue architecture and commending their capital efficiency in today's environment. Be sure to keep an eye out for the Sushi-specific metrics in there... hint: they look pretty good 👀
📚 Read the full Katana ecosystem report here
📈 Trade on Katana today, only on Sushi, here
New KAT Strategies— INFINIT (@Infinit_Labs) November 14, 2025 👩🌾 Agentic DeFi from Infinit arrived on Katana this past month, with 2 new strategies - powered by Sushi's liquidity engine - now live to ensure users maximize their KAT earning potential. Enjoy your boosted KAT yields, without the manual work!
📚 Read more about the new strategies and Agentic DeFi here
👉 Deploy your own strategies to begin earning KAT today here
Blade Continues to Shine in First Month Live— Sushi.com (@SushiSwap) November 6, 2025 ⚔️ Blade - the brand new AMM with up to 100x concentrated liquidity, automated rebalancing and no impermanent loss - continues to shine since its release in mid-October, with more and more users realizing the asymmetric benefits of Blade pools. With TVL still climbing while the word spreads, it is a fantastic time to see what Blade offers while collecting your big yields as a reward for being curious!
Wondering how you can dive right into Blade immediately? We did a small write up on that as well to dispel any confusion:
🤔 A common question we've been seeing about Blade is how to find and interact with the new pools - we'd like to clear that up!
Blade doesn’t have a standalone UI - it’s integrated directly into Sushi as a specialized AMM pool. You interact with Blade when you trade or provide…
— Sushi.com (@SushiSwap) November 18, 2025 👉 Check out the new Blade pools here
📚 Read more about Blade and its benefits here
⚔️ Say hi to Blade, and say bye to impermanent loss ⚔️
That’s it for us this month folks! We look forward to seeing you all next month as we continue to serve up the latest news for all things Sushi! 👋
Sushi is officially live on Stellar Mainnet! As a layer-1, open-source blockchain, Stellar provides developers, innovators, and creators with the foundation to build borderless digital-asset solutions that broaden financial access and unlock real-world utility.
With Sushi V3 AMM live on Stellar, users can now trade and provide liquidity directly on the network, combining the trusted payments-focused Stellar ecosystem with Sushi’s deep DeFi expertise and multi-chain ecosystem. Cross-chain functionality is also coming to Stellar as part of the integration and is expected to be live in the coming weeks.
"Sushi going live on Stellar is a major milestone for DeFi on Stellar. Liquidity providers will benefit from increased control and efficiency. Adding an experienced DeFi platform like Sushi to the Stellar ecosystem is a powerful signal that DeFi on Stellar has arrived”, said Raja Chakravorti, Chief Business Officer at the Stellar Development Foundation.
The Stellar network is supported by a strong, globally engaged community shaped by years of ecosystem participants believing in SDF’s mission to create equitable access to the global financial system. Sushi shares that belief, and we’re excited to partner with SDF to improve the DeFi experience for all.
What is Stellar?The Stellar network, supported by SDF, provides a decentralized, public blockchain that enables:
Asset issuance and tokenizationSmart contractsConnections to financial railsDeveloper tools for building interoperable applicationsDesigned with quick, efficient cross-border payments and remittances in mind, Stellar is uniquely positioned in today’s landscape to capture market share in the global payments system. With an international network of trusted entities that connect the network to traditional finance systems, Stellar enables the conversion of assets into local funds all over the world. Typical transactions on Stellar settle in under ten seconds and cost a fraction of a U.S. cent, with its native token, XLM, serving as both the gas token for transactions on the network and a bridge asset between multiple other assets.
With over a decade of growth and experience, Stellar has become a core blockchain for payments and real-world use cases. Its developer-friendly framework enables apps to interoperate and connect to existing financial rails, while also supporting asset issuance and tokenization, all on the same network.
Engaging with Stellar on SushiHere’s how to start using Sushi on Stellar:
🌉 Bridge – Transfer assets onto Stellar
🔄 Swap – Trade $USDC and other tokens on Stellar via Sushi
US-listed AI chip stocks saw mixed pre-market performance, with Qualcomm surging 13%.
According to Bitget market data, U.S. AI chip stocks posted mixed pre-market performance: Qualcomm (QCOM.O) surged 13%, Intel (INTC.O) rose nearly 6%, AMD (AMD.O) gained nearly 4%, and Google (GOOG.O) declined 1.4%.
5 minutes ago
Micron Technology surges 18% in pre-market trading on US stocks
According to Bitget market data, the US stock storage sector is seeing broad pre-market gains. Micron Technology (MU.O) jumps 18% in pre-market trading, as its strong earnings significantly exceeded expectations, with multiple major banks raising the stock’s target price. SanDisk (SNDK) rises 12.25%, Western Digital (WDC) gains 12.05%, and Seagate Technology (STX) climbs 8.63%.
5 minutes ago
SBI announced it will acquire cryptocurrency trading platform Bitbank for 46.7 billion yen.
According to Nikkei News, Japanese financial group SBI Holdings announced on the 25th that it will acquire cryptocurrency exchange platform bitbank for 46.7 billion yen (approximately $288 million). Upon completion of the transaction, SBI Group’s crypto asset custody scale is expected to exceed 1 trillion yen, making it one of the largest operators in Japan’s crypto industry. Per the plan, a subsidiary under SBI Holdings will acquire Bitbank shares from individual shareholders including its founders as early as August this year. Bitbank will then repurchase shares held by existing shareholders MIXI and Ceres by the end of October. If combining data from SBI’s own crypto exchange SBI VC Trade and Bitbank, as of April this year, the two firms had a total of around 2.92 million accounts and total custody assets of approximately 1.1 trillion yen. While different crypto exchanges disclose custody assets at varying time points, among Japan’s major industry competitors, bitFlyer held about 960 billion yen in custody assets as of the end of December 2025, and Coincheck had around 800 billion yen as of the end of March 2025.
5 minutes ago
Bithumb was fined for sharing user data overseas without consent.
South Korean regulatory authorities have ordered cryptocurrency exchange Bithumb to pay a 210 million won (approximately $136,000) fine for sharing user personal information with overseas platforms without user consent. According to an announcement released Thursday by South Korea’s Personal Information Protection Commission (PIPC), the relevant user data exposure occurred between September and November 2025. At that time, Bithumb transferred user information to overseas platforms while sharing its USDT market order book data. The PIPC also noted that when assisting users with asset transfers to 13 overseas exchanges, Bithumb failed to obtain full and sufficient user consent before sharing personal details including names, wallet addresses, and dates of birth. For the two violations, the PIPC not only imposed the fine but also ordered Bithumb to rectify its processes and management systems related to cross-border transmission of user information.
The week opens with crypto markets focused on the macro backdrop: while several protocol-level events are scheduled, developments around the Iran conflict and Fed signaling are likely to remain the dominant drivers.
Reuters reported Sunday that the Pentagon is preparing for possible weeks of ground operations in Iran, though Trump has not approved those plans, and by Monday AP reported he was floating the idea of seizing Iran’s Kharg Island oil terminal even as diplomacy was still being discussed. Brent settled last Friday at $112.57, up 4.2% on the day.
BREAKING: President Trump says the US is in “serious discussions with a new and more reasonable regime to end our military operations in Iran.”
Trump also says that if a deal is not made, the US will “blow up and completely obliterate all of their electric generating plants, oil… pic.twitter.com/UAsFbQuWWF
— The Kobeissi Letter (@KobeissiLetter) March 30, 2026
Powell is due to speak later Monday, March 30, at Harvard, where markets will look for any signal on how the Fed is assessing the current oil-driven shock. With the Iran conflict pushing energy prices higher, policymakers are facing a familiar trade-off between inflation risks and slowing growth.
As in recent weeks, macro developments are likely to remain the dominant driver for crypto. Any escalation in Iran or a shift in Powell’s forward guidance could quickly feed through into broader risk markets, including crypto assets.
Crypto Events To Watch This Week In crypto land, the AAVE gets the spotlight this week. The project is set to activate Aave V4 on Ethereum mainnet. Aave V4 is already beyond the rumor stage and through the ARFC process, with the forum proposal laying out a “security-first” rollout, conservative risk parameters, and a narrower initial hub-and-spoke setup.
For ETH, the calendar matters less as a one-day catalyst than as a sentiment and narrative checkpoint. EthCC[9] begins March 30 in Cannes and bills itself as the largest and longest-running annual European Ethereum event, running through April 2. The adjacent EthCC Week schedule also includes “The Agora” on March 31, an institutional forum focused on market infrastructure, operational efficiency, and capital deployment.
JUP’s watchpoint is product expansion. Jupiter’s Offerbook is already in private beta, with registration open, and the pitch is unusually direct: “Onchain finance needs onchain credit. Time-based P2P loans, without price-based liquidations.” The product lets borrowers and lenders create fixed-term orders with customizable collateral, APR, loan size, and duration.
SUSHI is lining up a derivatives push. The official Sushi account has set April 2 for perps, while Sushi’s own site already shows a dedicated perps page telling users “Perps on Sushi Coming Soon” and collecting waitlist signups. That matters because perps remain one of the deepest and stickiest revenue arenas in crypto, and Sushi has been framing derivatives as a strategic priority since Sushi Labs outlined its roadmap.
FTX is also back on the radar because cash is about to move. FTX Recovery Trust said it will begin its fourth distribution on March 31, totaling about $2.2 billion for eligible creditors in the convenience and non-convenience classes who completed the required steps, with funds expected via BitGo, Kraken, or Payoneer within one to three business days. The market question is straightforward: how much of that recovered capital, if any, makes its way back into crypto trading once claims are paid.
Based, a Hyperliquid-powered DEX, will launch its token on March 30. The project confirmed its March 30 TGE on X, and KuCoin has already scheduled BASED/USDT trading for 10:00 UTC on Monday, with withdrawals opening a day later. KuCoin describes Based as a non-custodial DeFi “SuperApp” spanning crypto, equities, commodities, and spending rails.
At press time, the total crypto market cap stood at $2.32 trillion.
Total crypto market cap, 1-month chart | Source: ETHUSDT on TradingView.com Featured image created with DALL.E, chart from TradingView.com
US-listed AI chip stocks saw mixed pre-market performance, with Qualcomm surging 13%.
According to Bitget market data, U.S. AI chip stocks posted mixed pre-market performance: Qualcomm (QCOM.O) surged 13%, Intel (INTC.O) rose nearly 6%, AMD (AMD.O) gained nearly 4%, and Google (GOOG.O) declined 1.4%.
5 minutes ago
Micron Technology surges 18% in pre-market trading on US stocks
According to Bitget market data, the US stock storage sector is seeing broad pre-market gains. Micron Technology (MU.O) jumps 18% in pre-market trading, as its strong earnings significantly exceeded expectations, with multiple major banks raising the stock’s target price. SanDisk (SNDK) rises 12.25%, Western Digital (WDC) gains 12.05%, and Seagate Technology (STX) climbs 8.63%.
5 minutes ago
SBI announced it will acquire cryptocurrency trading platform Bitbank for 46.7 billion yen.
According to Nikkei News, Japanese financial group SBI Holdings announced on the 25th that it will acquire cryptocurrency exchange platform bitbank for 46.7 billion yen (approximately $288 million). Upon completion of the transaction, SBI Group’s crypto asset custody scale is expected to exceed 1 trillion yen, making it one of the largest operators in Japan’s crypto industry. Per the plan, a subsidiary under SBI Holdings will acquire Bitbank shares from individual shareholders including its founders as early as August this year. Bitbank will then repurchase shares held by existing shareholders MIXI and Ceres by the end of October. If combining data from SBI’s own crypto exchange SBI VC Trade and Bitbank, as of April this year, the two firms had a total of around 2.92 million accounts and total custody assets of approximately 1.1 trillion yen. While different crypto exchanges disclose custody assets at varying time points, among Japan’s major industry competitors, bitFlyer held about 960 billion yen in custody assets as of the end of December 2025, and Coincheck had around 800 billion yen as of the end of March 2025.
5 minutes ago
Bithumb was fined for sharing user data overseas without consent.
South Korean regulatory authorities have ordered cryptocurrency exchange Bithumb to pay a 210 million won (approximately $136,000) fine for sharing user personal information with overseas platforms without user consent. According to an announcement released Thursday by South Korea’s Personal Information Protection Commission (PIPC), the relevant user data exposure occurred between September and November 2025. At that time, Bithumb transferred user information to overseas platforms while sharing its USDT market order book data. The PIPC also noted that when assisting users with asset transfers to 13 overseas exchanges, Bithumb failed to obtain full and sufficient user consent before sharing personal details including names, wallet addresses, and dates of birth. For the two violations, the PIPC not only imposed the fine but also ordered Bithumb to rectify its processes and management systems related to cross-border transmission of user information.
US-listed AI chip stocks saw mixed pre-market performance, with Qualcomm surging 13%.
According to Bitget market data, U.S. AI chip stocks posted mixed pre-market performance: Qualcomm (QCOM.O) surged 13%, Intel (INTC.O) rose nearly 6%, AMD (AMD.O) gained nearly 4%, and Google (GOOG.O) declined 1.4%.
5 minutes ago
Micron Technology surges 18% in pre-market trading on US stocks
According to Bitget market data, the US stock storage sector is seeing broad pre-market gains. Micron Technology (MU.O) jumps 18% in pre-market trading, as its strong earnings significantly exceeded expectations, with multiple major banks raising the stock’s target price. SanDisk (SNDK) rises 12.25%, Western Digital (WDC) gains 12.05%, and Seagate Technology (STX) climbs 8.63%.
5 minutes ago
SBI announced it will acquire cryptocurrency trading platform Bitbank for 46.7 billion yen.
According to Nikkei News, Japanese financial group SBI Holdings announced on the 25th that it will acquire cryptocurrency exchange platform bitbank for 46.7 billion yen (approximately $288 million). Upon completion of the transaction, SBI Group’s crypto asset custody scale is expected to exceed 1 trillion yen, making it one of the largest operators in Japan’s crypto industry. Per the plan, a subsidiary under SBI Holdings will acquire Bitbank shares from individual shareholders including its founders as early as August this year. Bitbank will then repurchase shares held by existing shareholders MIXI and Ceres by the end of October. If combining data from SBI’s own crypto exchange SBI VC Trade and Bitbank, as of April this year, the two firms had a total of around 2.92 million accounts and total custody assets of approximately 1.1 trillion yen. While different crypto exchanges disclose custody assets at varying time points, among Japan’s major industry competitors, bitFlyer held about 960 billion yen in custody assets as of the end of December 2025, and Coincheck had around 800 billion yen as of the end of March 2025.
5 minutes ago
Bithumb was fined for sharing user data overseas without consent.
South Korean regulatory authorities have ordered cryptocurrency exchange Bithumb to pay a 210 million won (approximately $136,000) fine for sharing user personal information with overseas platforms without user consent. According to an announcement released Thursday by South Korea’s Personal Information Protection Commission (PIPC), the relevant user data exposure occurred between September and November 2025. At that time, Bithumb transferred user information to overseas platforms while sharing its USDT market order book data. The PIPC also noted that when assisting users with asset transfers to 13 overseas exchanges, Bithumb failed to obtain full and sufficient user consent before sharing personal details including names, wallet addresses, and dates of birth. For the two violations, the PIPC not only imposed the fine but also ordered Bithumb to rectify its processes and management systems related to cross-border transmission of user information.
May 31 – The title of Trump’s “Stock God” has been gaining more attention lately, with Micron, Dell, and Intel each benefiting from his so-called “divine trades.” The market has been abuzz with skepticism that Trump is “using his presidential power to profit his holding companies.” Despite this “Stock God” aura, Trump still holds a significant amount of stocks that are underwater (trading below his purchase price). BlockBeats, in its review of Trump’s May 14 Form 278-T financial disclosure filed with the U.S. Office of Government Ethics, has identified the top 5 of Trump’s stock holdings (each valued over $1 million) that are currently underwater: 1. **FIS (Fidelity National Information Services Inc)**: The firm provides payment processing, core banking systems, transaction settlement, and other tech services to institutional clients. Trump made 6 large purchases of FIS in Q1, and its stock price has remained depressed – leaving him down roughly 42.8% on the position. 2. **ACN (Accenture)**: A global leader in consulting and IT services, Trump made 9 large buys of ACN in Q1 at an average cost of $1.46 million per trade, and is now down 32.5% on the holdings. 3. **KRUS (Kura Sushi USA Inc)**: A U.S.-based operator of revolving sushi restaurant chains, Trump made 1 large buy of KRUS in Q1 worth an average of $3 million, and is currently down 31.7% on that stake. 4. **SYK (Stryker Corporation)**: A medtech firm focused on orthopedic implants, surgical tools, and neurotechnology, Trump made 6 large purchases of SYK in Q1 at an average cost of $1.01 million per trade, and is down 25.9% on the holdings. 5. **PTC**: An industrial software company offering CAD, PLM, IoT, and augmented reality solutions, Trump made 6 large buys of PTC in Q1 at an average cost of $3.08 million per trade, and is currently down 24% on that position. Overall, the data shows most of Trump’s largest underwater positions fall into the “AI alternative” sector – which could explain their underperformance amid the current AI stock boom. While there’s no concrete proof to back the market’s skepticism about Trump, investors may be eyeing an unexpected positive “self-rescue rally” in these stocks ahead.
Relevant content
US-listed AI chip stocks saw mixed pre-market performance, with Qualcomm surging 13%.
According to Bitget market data, U.S. AI chip stocks posted mixed pre-market performance: Qualcomm (QCOM.O) surged 13%, Intel (INTC.O) rose nearly 6%, AMD (AMD.O) gained nearly 4%, and Google (GOOG.O) declined 1.4%.
5 minutes ago
Micron Technology surges 18% in pre-market trading on US stocks
According to Bitget market data, the US stock storage sector is seeing broad pre-market gains. Micron Technology (MU.O) jumps 18% in pre-market trading, as its strong earnings significantly exceeded expectations, with multiple major banks raising the stock’s target price. SanDisk (SNDK) rises 12.25%, Western Digital (WDC) gains 12.05%, and Seagate Technology (STX) climbs 8.63%.
5 minutes ago
SBI announced it will acquire cryptocurrency trading platform Bitbank for 46.7 billion yen.
According to Nikkei News, Japanese financial group SBI Holdings announced on the 25th that it will acquire cryptocurrency exchange platform bitbank for 46.7 billion yen (approximately $288 million). Upon completion of the transaction, SBI Group’s crypto asset custody scale is expected to exceed 1 trillion yen, making it one of the largest operators in Japan’s crypto industry. Per the plan, a subsidiary under SBI Holdings will acquire Bitbank shares from individual shareholders including its founders as early as August this year. Bitbank will then repurchase shares held by existing shareholders MIXI and Ceres by the end of October. If combining data from SBI’s own crypto exchange SBI VC Trade and Bitbank, as of April this year, the two firms had a total of around 2.92 million accounts and total custody assets of approximately 1.1 trillion yen. While different crypto exchanges disclose custody assets at varying time points, among Japan’s major industry competitors, bitFlyer held about 960 billion yen in custody assets as of the end of December 2025, and Coincheck had around 800 billion yen as of the end of March 2025.
5 minutes ago
US Secretary of State: Will not accept the claim that the Strait of Hormuz belongs to any country.
US Secretary of State Rubio stated, "We will not accept the assertion that the Strait of Hormuz belongs to any country." (Jinshi)
5 minutes ago
Iraqi government spokesperson: Efforts are underway to restore full oil export capacity.
A spokesperson for the Iraqi government stated that Iraq is working to restore its full oil export capacity and plans to increase its oil production to 7 million barrels per day in the coming years. (Jinshi)
5 minutes ago
Bithumb was fined for sharing user data overseas without consent.
South Korean regulatory authorities have ordered cryptocurrency exchange Bithumb to pay a 210 million won (approximately $136,000) fine for sharing user personal information with overseas platforms without user consent. According to an announcement released Thursday by South Korea’s Personal Information Protection Commission (PIPC), the relevant user data exposure occurred between September and November 2025. At that time, Bithumb transferred user information to overseas platforms while sharing its USDT market order book data. The PIPC also noted that when assisting users with asset transfers to 13 overseas exchanges, Bithumb failed to obtain full and sufficient user consent before sharing personal details including names, wallet addresses, and dates of birth. For the two violations, the PIPC not only imposed the fine but also ordered Bithumb to rectify its processes and management systems related to cross-border transmission of user information.
Stellar Assets Now Accessible Across 40-Plus BlockchainsStellar and SushiSwap have enabled cross-chain swaps for $XLM and USDC, connecting Stellar's asset ecosystem to SushiSwap's multichain infrastructure. According to data from Sushi(.)com, cross-chain swaps for Stellar Development Foundation assets are now live on SushiSwap, allowing users to swap XLM and USDC across more than 40 blockchains without any intermediary or bridging process.
The move marks a meaningful expansion of Stellar's reach into decentralized finance. Stellar has established itself as one of the more practical blockchain networks for real-world payments, supporting low-cost transfers, remittances, and stablecoin transactions globally. Adding SushiSwap's routing layer gives XLM and USDC holders access to a far broader set of decentralized liquidity pools and trading routes.
SushiSwap's Multichain Reach Drives the IntegrationSushiSwap is a multichain decentralized exchange and aggregator that enables users to swap tokens across more than 40 blockchains, combining an automated market maker with an aggregator to find the best prices. Its SushiXSwap product enables cross-chain swaps without the need to use separate bridges.
The Stellar integration is part of a broader expansion for both protocols. SushiSwap launched on Stellar on February 10, 2026. Stellar's Q1 2026 showed growth across the network's most important metrics, with its real-world asset market cap rising 91% quarter-on-quarter to reach $1.52 billion at quarter end. Enabling direct cross-chain swap access to XLM and USDC through SushiSwap adds another layer of DeFi utility to a network that has traditionally been focused on payments and settlements.
For users, the practical benefit is straightforward: Stellar assets can now be traded into and out of tokens on dozens of other networks directly through the familiar Sushi interface, without wrapping assets or relying on third-party bridges.
Sources:
TronWeekly: SushiSwap Launches Cross-Chain Swaps for Stellar Assets
Messari: State of Stellar Q1 2026
SushiSwap: Cross-Chain Swap
Decentralized autonomous organizations (DAOs) across the DeFi landscape made several notable moves during a dynamic week, with treasury decisions, structural overhauls, and experiments in governance taking center stage. Lido proposed a significant token buyback, Aave advanced architectural upgrades, Balancer responded to a costly exploit with restructuring, Lista redesigned tokenomics, and the European Central Bank (ECB) released a study on governance concentration in major protocols.
Lido and Aave vote on treasury usage and architectureLido Finance DAO put forward a $20 million LDO token buyback proposal, targeting support for its governance token by using 10,000 stETH — a direct link between its core staking product and token market value. This treasury move aims to align Lido’s protocol revenue with sustained demand for LDO.
Lido Finance is a leading liquid staking platform and one of the largest by total value locked in DeFi, enabling users to stake assets like Ethereum while maintaining liquidity through staking derivatives.
Meanwhile, Aave DAO, which oversees one of DeFi’s top money markets, held a vote on the Aave Will Win Framework, addressing its strategic competitive outlook. The more actionable step last week, however, was approval to deploy Aave V4 on Ethereum.
Aave V4’s planned architecture, based on a hub-and-spoke model, is designed to facilitate diverse risk profiles while centralizing liquidity — a technical answer to longstanding challenges in on-chain lending markets. This architectural shift marks a substantial evolution for Aave after extensive development.
Balancer and Lista react to recent challenges and trendsFollowing a serious exploit in November 2025, Balancer DAO initiated a deep restructuring: its core team size was cut by half and the annual budget lowered to $1.9 million — a 34% reduction. The protocol also removed the veBAL model, scaled back token emissions, and moved all collected fees directly into the DAO treasury. These actions indicate a priority on financial stability in the wake of the security incident.
Balancer functions as a decentralized exchange (DEX) and automated portfolio manager, notable for its customizable liquidity pools, and remains a foundational DeFi protocol despite recent setbacks.
Lista DAO introduced Tokenomics 2.0, eliminating the veLISTA lockup and governance mechanism in favor of a more straightforward model incorporating buybacks and direct revenue sharing to LISTA holders. The shift away from veToken mechanics departs from a popular trend, indicating an attempt to reduce governance complexity amid evolving DAO preferences.
In response to the Resolv incident, Fluid repaid substantial debt on BNB and Plasma, while Resolv Labs reported ongoing 1:1 redemptions and confirmed no insider involvement in the exploit. Fluid indicated further user compensation plans are under consideration, showing the interconnectedness of DeFi systems and the importance of rapid action when vulnerabilities occur.
P2P futarchy proposal and ECB’s DeFi governance analysisP2P.me introduced a MetaDAO proposal featuring a futarchy model for governance — a method in which market mechanisms help decide organizational direction. The proposal allows up to $500,000 USDC worth of P2P tokens to be bought back at 8% below ICO prices, providing a live test of market-based decision-making in DAO governance.
The ECB’s latest research paper highlighted that over 80% of governance power in major DeFi protocols, such as Aave, MakerDAO, and Uniswap, sits with their top 100 addresses. Many are managed directly by protocols or exchanges, not individuals, quantifying concerns about decentralization and providing regulators with concrete figures on concentration in DeFi governance structures.
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.
US-listed AI chip stocks saw mixed pre-market performance, with Qualcomm surging 13%.
According to Bitget market data, U.S. AI chip stocks posted mixed pre-market performance: Qualcomm (QCOM.O) surged 13%, Intel (INTC.O) rose nearly 6%, AMD (AMD.O) gained nearly 4%, and Google (GOOG.O) declined 1.4%.
4 minutes ago
Micron Technology surges 18% in pre-market trading on US stocks
According to Bitget market data, the US stock storage sector is seeing broad pre-market gains. Micron Technology (MU.O) jumps 18% in pre-market trading, as its strong earnings significantly exceeded expectations, with multiple major banks raising the stock’s target price. SanDisk (SNDK) rises 12.25%, Western Digital (WDC) gains 12.05%, and Seagate Technology (STX) climbs 8.63%.
4 minutes ago
SBI announced it will acquire cryptocurrency trading platform Bitbank for 46.7 billion yen.
According to Nikkei News, Japanese financial group SBI Holdings announced on the 25th that it will acquire cryptocurrency exchange platform bitbank for 46.7 billion yen (approximately $288 million). Upon completion of the transaction, SBI Group’s crypto asset custody scale is expected to exceed 1 trillion yen, making it one of the largest operators in Japan’s crypto industry. Per the plan, a subsidiary under SBI Holdings will acquire Bitbank shares from individual shareholders including its founders as early as August this year. Bitbank will then repurchase shares held by existing shareholders MIXI and Ceres by the end of October. If combining data from SBI’s own crypto exchange SBI VC Trade and Bitbank, as of April this year, the two firms had a total of around 2.92 million accounts and total custody assets of approximately 1.1 trillion yen. While different crypto exchanges disclose custody assets at varying time points, among Japan’s major industry competitors, bitFlyer held about 960 billion yen in custody assets as of the end of December 2025, and Coincheck had around 800 billion yen as of the end of March 2025.
4 minutes ago
Bithumb was fined for sharing user data overseas without consent.
South Korean regulatory authorities have ordered cryptocurrency exchange Bithumb to pay a 210 million won (approximately $136,000) fine for sharing user personal information with overseas platforms without user consent. According to an announcement released Thursday by South Korea’s Personal Information Protection Commission (PIPC), the relevant user data exposure occurred between September and November 2025. At that time, Bithumb transferred user information to overseas platforms while sharing its USDT market order book data. The PIPC also noted that when assisting users with asset transfers to 13 overseas exchanges, Bithumb failed to obtain full and sufficient user consent before sharing personal details including names, wallet addresses, and dates of birth. For the two violations, the PIPC not only imposed the fine but also ordered Bithumb to rectify its processes and management systems related to cross-border transmission of user information.
US-listed AI chip stocks saw mixed pre-market performance, with Qualcomm surging 13%.
According to Bitget market data, U.S. AI chip stocks posted mixed pre-market performance: Qualcomm (QCOM.O) surged 13%, Intel (INTC.O) rose nearly 6%, AMD (AMD.O) gained nearly 4%, and Google (GOOG.O) declined 1.4%.
4 minutes ago
Micron Technology surges 18% in pre-market trading on US stocks
According to Bitget market data, the US stock storage sector is seeing broad pre-market gains. Micron Technology (MU.O) jumps 18% in pre-market trading, as its strong earnings significantly exceeded expectations, with multiple major banks raising the stock’s target price. SanDisk (SNDK) rises 12.25%, Western Digital (WDC) gains 12.05%, and Seagate Technology (STX) climbs 8.63%.
4 minutes ago
SBI announced it will acquire cryptocurrency trading platform Bitbank for 46.7 billion yen.
According to Nikkei News, Japanese financial group SBI Holdings announced on the 25th that it will acquire cryptocurrency exchange platform bitbank for 46.7 billion yen (approximately $288 million). Upon completion of the transaction, SBI Group’s crypto asset custody scale is expected to exceed 1 trillion yen, making it one of the largest operators in Japan’s crypto industry. Per the plan, a subsidiary under SBI Holdings will acquire Bitbank shares from individual shareholders including its founders as early as August this year. Bitbank will then repurchase shares held by existing shareholders MIXI and Ceres by the end of October. If combining data from SBI’s own crypto exchange SBI VC Trade and Bitbank, as of April this year, the two firms had a total of around 2.92 million accounts and total custody assets of approximately 1.1 trillion yen. While different crypto exchanges disclose custody assets at varying time points, among Japan’s major industry competitors, bitFlyer held about 960 billion yen in custody assets as of the end of December 2025, and Coincheck had around 800 billion yen as of the end of March 2025.
4 minutes ago
Bithumb was fined for sharing user data overseas without consent.
South Korean regulatory authorities have ordered cryptocurrency exchange Bithumb to pay a 210 million won (approximately $136,000) fine for sharing user personal information with overseas platforms without user consent. According to an announcement released Thursday by South Korea’s Personal Information Protection Commission (PIPC), the relevant user data exposure occurred between September and November 2025. At that time, Bithumb transferred user information to overseas platforms while sharing its USDT market order book data. The PIPC also noted that when assisting users with asset transfers to 13 overseas exchanges, Bithumb failed to obtain full and sufficient user consent before sharing personal details including names, wallet addresses, and dates of birth. For the two violations, the PIPC not only imposed the fine but also ordered Bithumb to rectify its processes and management systems related to cross-border transmission of user information.
PANews reported on April 24 that, according to Ember, the hacker who stole approximately $98 million from Balancer last November has recently begun exchanging some of his ETH for BTC via the cross-chain protocol THORChain. Today, the hacker exchanged 7,000 ETH for 204.7 BTC (approximately $15.88 million), and the transaction is still ongoing. Currently, the hacker still holds 15,000 ETH (approximately $34.65 million) on the Ethereum blockchain and 204.7 BTC (approximately $15.88 million) on the Bitcoin blockchain.
US-listed AI chip stocks saw mixed pre-market performance, with Qualcomm surging 13%.
According to Bitget market data, U.S. AI chip stocks posted mixed pre-market performance: Qualcomm (QCOM.O) surged 13%, Intel (INTC.O) rose nearly 6%, AMD (AMD.O) gained nearly 4%, and Google (GOOG.O) declined 1.4%.
4 minutes ago
Micron Technology surges 18% in pre-market trading on US stocks
According to Bitget market data, the US stock storage sector is seeing broad pre-market gains. Micron Technology (MU.O) jumps 18% in pre-market trading, as its strong earnings significantly exceeded expectations, with multiple major banks raising the stock’s target price. SanDisk (SNDK) rises 12.25%, Western Digital (WDC) gains 12.05%, and Seagate Technology (STX) climbs 8.63%.
4 minutes ago
SBI announced it will acquire cryptocurrency trading platform Bitbank for 46.7 billion yen.
According to Nikkei News, Japanese financial group SBI Holdings announced on the 25th that it will acquire cryptocurrency exchange platform bitbank for 46.7 billion yen (approximately $288 million). Upon completion of the transaction, SBI Group’s crypto asset custody scale is expected to exceed 1 trillion yen, making it one of the largest operators in Japan’s crypto industry. Per the plan, a subsidiary under SBI Holdings will acquire Bitbank shares from individual shareholders including its founders as early as August this year. Bitbank will then repurchase shares held by existing shareholders MIXI and Ceres by the end of October. If combining data from SBI’s own crypto exchange SBI VC Trade and Bitbank, as of April this year, the two firms had a total of around 2.92 million accounts and total custody assets of approximately 1.1 trillion yen. While different crypto exchanges disclose custody assets at varying time points, among Japan’s major industry competitors, bitFlyer held about 960 billion yen in custody assets as of the end of December 2025, and Coincheck had around 800 billion yen as of the end of March 2025.
4 minutes ago
Bithumb was fined for sharing user data overseas without consent.
South Korean regulatory authorities have ordered cryptocurrency exchange Bithumb to pay a 210 million won (approximately $136,000) fine for sharing user personal information with overseas platforms without user consent. According to an announcement released Thursday by South Korea’s Personal Information Protection Commission (PIPC), the relevant user data exposure occurred between September and November 2025. At that time, Bithumb transferred user information to overseas platforms while sharing its USDT market order book data. The PIPC also noted that when assisting users with asset transfers to 13 overseas exchanges, Bithumb failed to obtain full and sufficient user consent before sharing personal details including names, wallet addresses, and dates of birth. For the two violations, the PIPC not only imposed the fine but also ordered Bithumb to rectify its processes and management systems related to cross-border transmission of user information.
PANews reported on April 25 that, according to on-chain analyst Ai Yi, the address associated with the Balancer theft incident in November 2025 (loss of over $116 million) transferred 5,609 ETH, equivalent to approximately $13 million, to the cross-chain protocol THORChain in the past 9 hours for further money laundering and cross-chain swaps.
As of April 25, the Balancer hackers had exchanged 14,300 ETH for 419.3 BTC (approximately $32.51 million) through THORChain, and are still dismantling and transferring the remaining stolen funds.
The Balancer attackers have exchanged 21,000 ETH for 617.43 BTC in the past three days.
PANews reported on April 26 that, according to Onchain Lens monitoring, the Balancer attacker has exchanged 21,000 ETH for 617.43 BTC in the past three days, worth $48.72 million. The attacker currently holds 1,000 ETH, worth $2.32 million, and may sell them off further.
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US AI chip stocks mixed in pre-market trading, Qualcomm surges 13%
A Balancer attacker has converted 21k ETH (about $48.7M) to 617 BTC over three days, leaving only 1k ETH in the hacker’s address. The probability of another $100 million crypto hack by December 31 is at 100% YES on Polymarket.
This conversion is part of the attacker’s ongoing liquidation of stolen funds. The crypto hack market sits at 100% YES with 251 days left until resolution. The certainty reflects how frequently hacks exceeding $100M have occurred, making another one before year-end a near-foregone conclusion.
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The liquidation of this much ETH into BTC has added selling pressure on Ethereum. The probability of Ethereum being above $2,600 on April 26 is at 0.2% YES across multiple sub-markets. That market has minimal daily trading activity at $3 actual USDC, meaning traders are not expecting a price rebound within the next two days.
The hack prediction market has zero volume, so the 100% YES price reflects the near-certainty of resolution rather than active trading. Buying YES at 100¢ offers no return since the market is already priced to certainty.
Watch on-chain investigators like ZachXBT and firms like Chainalysis for further details on the Balancer attacker’s movements. Ethereum’s short-term price will depend partly on whether the remaining 1k ETH gets liquidated and on any additional large ETH outflows tied to this or similar exploits.
Get prediction market intelligence as a structured API feed. Early access waitlist.
Another Crypto Hack Over 100m December 31
Contract Odds Δ since publish Volume 24h December 31 100% 0.0¢ — View market → Ethereum Above On April 26
Contract Odds Δ since publish Volume 24h April 26 0.2% — — View market → What Price Will Ethereum Hit Before 2027
Contract Odds Δ since publish Volume 24h December 31 1.9% -2.1¢ $13K View market → Updated 4min ago
Key Takeaways A major banking institution established an ambitious $100 valuation target for UNI, catalyzing significant blockchain network activity Large-holder transactions reached their highest level in seven months immediately after the bullish price projection Network participants rose to levels not seen since October Daily wallet generation experienced its most significant jump since the final weeks of December The token is approaching critical resistance around $3.30, with $4.13 representing the subsequent major barrier The blockchain metrics for Uniswap are displaying their most robust signals in several months. What sparked this shift? Standard Chartered, a prominent global financial institution, issued a $100 price projection for the protocol’s native token.
Uniswap (UNI) Price Blockchain analytics provider Santiment documented the activity spike immediately following the announcement. Their findings reveal widespread increases across numerous network indicators, signaling a resurgence in market attention toward UNI.
Participating addresses across the Uniswap protocol surged to their highest point in four months. Simultaneously, high-value transfers — substantial movements generally associated with institutional participants — hit a seven-month maximum.
🚨UNISWAP WHALE ACTIVITY HITS 7-MONTH HIGH
Whales are piling into Uniswap following Standard Chartered's $100 UNI price target.
Active addresses have surged to a 4-month high, while whale transactions just reached their highest level in seven months. pic.twitter.com/30YCwGAz0r
— Coin Bureau (@coinbureau) June 19, 2026
Wallet creation also experienced a notable jump. Santiment documented the most substantial one-day growth in fresh UNI addresses since December’s closing weeks, further confirming the heightened engagement.
The analytics firm attributes this entire wave of activity to Standard Chartered’s price projection, rather than any protocol developments or technical updates.
Major Holders Accumulate at Levels Unseen in Months Cryptocurrency market observer Zayn, known as @Zaynnode on X, disclosed a $10,000 spot purchase in UNI. He highlighted that the token had reversed an entire month’s worth of negative price movement within just several days. Zayn observed that UNI is currently positioned near price levels that preceded its significant 2020 rally, stating he’s building his spot holdings and allowing market forces to play out.
🚨 Bought a $10,000 bag of $UNI in spot for long term 🔥
After months of pain and consolidation, $UNI just erased an entire month of bearish price action in a matter of days.
This is exactly what strong coins do when smart money starts accumulating.
The chart is insanely… pic.twitter.com/ClCmAZd9c3
— Zayn (@Zaynnode) June 17, 2026
Institutional participants entering positions before widespread market movement represents a behavioral pattern closely monitored by market participants. The seven-month peak in substantial transactions indicates that significant stakeholders are establishing positions in anticipation of potential price appreciation.
The banking giant’s $100 forecast implies considerable upside potential from present valuations. This projection has redirected market focus toward Uniswap’s standing as a premier decentralized trading platform within the ecosystem.
Token Nears Critical Technical Threshold From a technical perspective, UNI has remained confined within a descending formation for several months — characterized by progressively lower peaks and troughs. Recent purchasing momentum has elevated the asset toward the upper boundary of this formation, approximately $3.30.
Prior upward movements have encountered resistance at this zone. Surpassing this threshold would represent the first significant structural change in market dynamics for 2026.
The subsequent resistance objective stands at $4.13, representing a crucial level on the daily timeframe. Should bullish momentum persist, market observers have identified $6.34 as the following target. Conversely, price support exists within the $2.80–$2.90 zone.
Santiment’s analysis confirms that network engagement across Uniswap has climbed to multi-month peaks, propelled exclusively by the major bank’s valuation forecast.
Uniswap whale activity surged after Standard Chartered published one of the most aggressive long term forecasts yet for a major DeFi token.
Whale transactions involving UNI climbed to their highest level in seven months, while active addresses reached a four month high, according to Santiment.
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The activity followed Standard Chartered’s June 15 initiation of coverage on UNI with a $100 price target by the end of 2030. UNI rallied about 24% during the move before giving back part of the gain.
The bank’s global head of digital assets research, Geoff Kendrick, laid out a staged forecast for the token. Standard Chartered expects UNI to reach $6.50 by the end of 2026, $20 in 2027, $40 in 2028, $65 in 2029, and $100 in 2030.
UNI was trading near $2.50 when the report was published, making the final target equivalent to roughly a 40 fold increase.
The thesis is built around tokenized real world assets moving into decentralized finance. Standard Chartered expects tokenized assets to reach $4 trillion by the end of 2028 and sees a growing share of those assets becoming active inside DeFi protocols.
Uniswap would be one of the main beneficiaries if that liquidity moves through open blockchain markets. The protocol remains one of the largest decentralized exchanges and has processed trillions of dollars in cumulative trading volume.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
On-chain data from the Uniswap network is signaling one of the most powerful moves in recent months. Following this momentum, global banking giant Standard Chartered grabbed attention by releasing a $100 price forecast for Uniswap’s native token, UNI.
Network activity accelerates after forecastAccording to on-chain analytics provider Santiment, Uniswap’s network has shown a remarkable uptick since Standard Chartered made its bullish projection. The number of active addresses has surged to the highest level in four months. In the same period, large transaction volumes have climbed to their highest point in seven months.
Data shows that interest in the Uniswap network has risen sharply after Standard Chartered’s $100 UNI forecast, with large-value transfers hitting a seven-month high in particular.
A similar pattern unfolded in wallet creation trends. Santiment reported that new addresses created for UNI saw the strongest single-day increase since late December. The company noted that this heightened activity is directly linked to the price prediction, rather than a protocol upgrade or technical development.
Glossary: Santiment is an analytics firm monitoring on-chain data and investor sentiment in the cryptocurrency market. Metrics such as active addresses and large transfers track changes in network usage and major investor interest.
IndicatorLatest statusActive addresses4-month highLarge transfers7-month highNew UNI addressesStrongest daily increase since DecemberMajor investors make their moveMarket watcher Zayn announced on his X account a $10,000 spot purchase of UNI. He argued that UNI quickly erased a month-long period of weak price performance and likened current levels to those before the major rally in 2020.
While revealing his $10,000 spot UNI purchase, Zayn emphasized that the token erased a month of downtrend in just days, and noted that he is accumulating for the long term.
Early positioning by large investors continues to serve as a closely monitored signal in the market. The seven-month peak in high-value transfers could suggest that key players are betting on a possible price escalation.
UNI approaches critical resistance zoneFrom a technical standpoint, UNI has been locked in a downtrend for months, characterized by lower highs and lows. Recent buying activity has propelled the price toward the upper boundary of this structure, around the $3.30 region.
Analysis suggests that if UNI surpasses the $3.30 level, it could mark one of the first major structural breakouts of 2026. If momentum continues beyond this threshold, the next key resistance is set at $4.13, while $6.34 emerges as a longer-term target. On the downside, the $2.80 to $2.90 area is highlighted as the main support zone.
Technical levelValueFirst critical resistance$3.30Next resistance$4.13Upcoming target$6.34Support zone$2.80 to $2.90Santiment’s assessment shows that several Uniswap metrics have reached multi-month highs. The current surge in market interest appears to be driven primarily by Standard Chartered’s ambitious valuation forecast.
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.
Uniswap whale transactions surged to a seven-month high in mid-June as UNI rallied 22% to 25% following Standard Chartered’s initiation of coverage with a $100 price target. Daily trading volumes exceeded $600 million during the rally, more than doubling recent averages.
Context and Background Standard Chartered initiated coverage of UNI on June 15, assigning a $100 price target by 2030 based on Uniswap’s role in what the bank called the on-chain economy. UNI climbed from the $2.70 to $3.50 range to highs of $3.70 on June 16 and 17.
Active addresses on the protocol reached a four-month high during the same period, according to CryptoBriefing.
On-chain data shows that whale transfers exceeding $100,000 and $1 million reached some of their highest levels in months. Uniswap also recorded a single-day UNI burn record of 134,000 tokens on June 5 as part of its new deflationary fee mechanism.
Expert Quote and Analysis Standard Chartered’s thesis centered on the anticipated growth of tokenized assets traded through decentralized protocols. Uniswap recently integrated support for tokenized securities from companies like SpaceX and Apple on its interface.
Analyst Ali Martinez, who has 164,300 followers on X, noted that UNI was consolidating in an ascending triangle and that “a definitive close above $4.10 would validate a bullish breakout targeting $5.00 to $5.30.”
Original Framing: Analysis The combination of a major bank initiating coverage and record fee burns introduces two new demand drivers that did not exist for UNI six months ago. Institutional coverage from a firm like Standard Chartered can unlock allocations from funds with mandates that require sell-side research before buying.
Fee burns, meanwhile, create deflationary pressure on the circulating supply. The risk is that whale accumulation at these levels could also precede distribution if the rally stalls, a pattern that has played out repeatedly in low-liquidity altcoin markets.
Industry Reaction U.Today reported that the surge in large transactions has been “decisively upward” in direction, with low profit-taking among current holders. CoinMarketCap’s AI analysis highlighted UNI as a leading DEX token positioned to benefit from a potential rotation into altcoins during Q3 2026.
What’s Next? Traders are watching the $4.10 resistance level as the near-term trigger for a continuation move toward $5.00 to $5.30. A governance vote on expanding the fee burn mechanism is expected later in the quarter, which could further reduce the circulating supply if approved.
About the Author: Damilola Esebame
Damilola Esebame is a finance journalist and content strategist specializing in DeFi, crypto, macroeconomics, and FX. With eight years of editorial experience, he delivers data-backed explainers, interviews, and market updates that turn complex on-chain themes into practical insights. At FinanceFeeds he maps the DeFi landscape—stablecoins, tokenization, liquidity, and policy—linking digital-asset developments to macro drivers and market structure for brokers and platforms.
The native token of Uniswap, UNI, is currently hovering just below a long-term downward resistance trend, having traded in a tight range over recent days. Recent price action highlights this level as a major technical threshold, sparking discussions among investors about a potential direction shift if this level is decisively breached.
Key resistance zone draws investor focusAccording to the latest data, UNI is trading at 3.01 dollars at the time of writing. The token’s 24-hour trading volume stands at 225.43 million dollars, with a market capitalization of 1.87 billion dollars. The price has remained relatively steady over the past day, with underlying network developments keeping the prospect of a rally alive.
Data from Token Talk indicates that the UNI price has repeatedly tested a persistent long-term resistance line over recent months, each time failing to break through. The current sideways action just below this barrier is creating technical pressure as traders anticipate the next move.
UNI’s price is pressing against a longstanding downward resistance that has repelled upward attempts several times in past months. If this region is overcome with sufficient trading volume, a shift in price structure could occur and spark a move to the upside.
Analysts note that a strong breakout above this resistance, supported by robust volume, could trigger a structural transformation for UNI. If such a move unfolds, the waning downtrend might give way to higher prices. Reports also point to the possibility of a rally extending toward the 10 dollar mark, provided positive momentum is sustained.
Uniswap targets stablecoins with Arc integrationAlongside the unfolding price narrative, the expansion of Uniswap’s ecosystem is grabbing attention. As one of the leading decentralized exchange platforms, Uniswap continues to innovate within DeFi. Stablecoins—valued for their price stability—have become central components of the decentralized finance landscape, providing essential infrastructure for liquidity, transactions, and settlements.
Reflecting this trend, Uniswap has expanded its protocol, applications, and API infrastructure to Arc, a chain specialized in stablecoin transactions. This strategic move aims to deliver more efficient liquidity structures and optimize transaction infrastructure for targeted use cases.
Mini glossary: Arc is defined as a specialized blockchain solution dedicated to stablecoin transactions. Such architectures focus on minimizing price slippage and delivering highly efficient liquidity for specific asset classes.
The report emphasizes that Arc introduces specialized liquidity mechanisms specifically designed to minimize price slippage, catering for the most efficient stablecoin trading environments. By leveraging Arc, Uniswap seeks to enhance both its transaction model and its toolkit for developers.
This development aligns with the broader industry momentum toward specialized chains and liquidity networks tailored to specific financial use cases in DeFi. While the article features market commentary and price predictions, it also underscores that these are speculative, not guaranteed outcomes.
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.
Uniswap price has held above the $3 level after a sharp three-day rally driven by Standard Chartered’s bullish coverage and a wave of short liquidations across derivatives markets.
Summary
Uniswap price held above $3 after Standard Chartered’s $100 price target triggered a sharp rally. CoinGlass data shows major liquidation clusters between $3.30 and $3.85 that could fuel volatility. Bulls must defend the $2.93 support zone as hawkish Fed policy continues to pressure risk assets. According to data from crypto.news, Uniswap (UNI) price traded around $3.03 on June 22, roughly 20% above its June 15 levels despite retreating from a local high near $4 reached earlier in the week.
Market sentiment improved after Standard Chartered initiated coverage of the decentralized exchange token on June 15 and projected a long-term price target of $100 by 2030, drawing renewed attention to DeFi assets after months of underperformance.
The banking giant’s forecast arrived as UNI was trading near multi-month lows below $2.50. Fresh spot demand quickly pushed the token through several overhead resistance levels and triggered a rapid repricing across futures markets.
According to CoinGlass data, UNI futures volume surged while open interest climbed sharply during the advance, highlighting aggressive positioning from traders attempting to capture the breakout.
As crypto.news previously reported, Standard Chartered analyst Geoffrey Kendrick argued that Uniswap remains one of the strongest beneficiaries of growing decentralized exchange activity and could capture a larger share of on-chain trading volumes over the coming years.
“We initiate coverage of Uniswap with a UNI-USD price forecast of USD 100 by end-2030, a 40x increase from today’s USD 2.50 level.”
Uniswap price faces major liquidation cluster above $3.30 CoinGlass liquidation data shows several large leverage concentrations sitting above the current market price. The most significant cluster remains between $3.30 and $3.45, while another dense pocket of short liquidations is visible near $3.75-$3.85.
Uniswap liquidation heatmap | Source: CoinGlass A move into those zones could force additional short covering and create another burst of volatility similar to the squeeze witnessed between June 15 and June 17.
Daily chart structure also improved after UNI reclaimed the Murrey Math support zone around $2.93. The token now trades just below the key pivot level at $3.125. A successful break above that area would expose resistance levels at $3.32, $3.51, and $3.71.
Uniswap daily price chart — June 22 | Source: crypto.news Beyond those levels, the next major overhead barrier sits near $3.90, which coincides with the strongest liquidation concentration visible on the one-week heatmap.
Momentum indicators remain constructive despite the pullback. The Aroon Up indicator remains elevated above 60%, suggesting buyers continue to control the dominant trend even after several days of consolidation around the $3 mark.
Uniswap price risks deeper pullback if $2.93 support fails Profit-taking emerged shortly after the rally as traders locked in gains from the rapid advance. At the same time, risk appetite across digital assets weakened following the Federal Reserve’s latest policy decision under Chair Kevin Warsh, which reinforced expectations that interest rates could remain restrictive for longer than previously anticipated.
Technical downside risks remain concentrated around the $2.93 support zone. Losing that level would place the $2.73 pivot and the $2.54 support area back into focus. The liquidation heatmap also shows relatively thin leverage positioning beneath current prices, reducing the likelihood of a large liquidation-driven rebound if support fails.
For now, UNI continues to trade above the level that capped prices throughout most of June. As long as buyers defend the newly reclaimed $2.93-$3.00 range, traders are likely to keep watching the dense liquidation pockets above $3.30 for the next directional move.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Uniswap has quietly crossed a milestone that would have sounded absurd two years ago: $9.1 billion in real-world asset swaps. Not memecoins, not governance tokens, not the latest dog-themed derivative. Actual tokenized versions of traditional financial instruments, traded on a decentralized exchange, by over 140,000 wallets.
The bulk of that activity traces back to one product in particular: deSPXA, a tokenized S&P 500 exposure vehicle that launched on Base around March 30, 2026. Think of it as buying the index fund your financial advisor loves, except you’re doing it through a liquidity pool instead of a brokerage account.
What deSPXA actually is and why it matters deSPXA was issued through Centrifuge’s deRWA framework, built in collaboration with S&P Dow Jones Indices and Janus Henderson. In English: a DeFi infrastructure provider teamed up with two of the most recognizable names in traditional finance to put continuous, on-chain access to the S&P 500 index in front of eligible users.
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The token trades primarily against USDC on Uniswap V3 pools deployed on Base, Coinbase’s Layer 2 network. Recent 24-hour trading volumes for deSPXA have been landing in the $1.7 million to $2 million range, with the pool’s total value locked sitting at roughly $3.6 million.
deSPXA isn’t even the first iteration. Its predecessor, the SPXA token, debuted back in September 2025. Centrifuge flagged deSPXA as a notable asset in its Q1 2026 performance metrics, suggesting the product has been gaining traction since launch.
The bigger RWA picture on Uniswap deSPXA isn’t operating in isolation. Uniswap has been steadily accumulating real-world asset trading volume across multiple products. BlackRock’s BUIDL, a tokenized Treasury fund, started trading via UniswapX earlier in 2026.
The $9.1 billion figure spans 2.6 million transactions across 140,000 distinct wallets.
The choice of Base as the primary venue is also worth noting. Lower transaction costs and faster settlement times make it practical for smaller traders to participate in RWA swaps without getting eaten alive by gas fees.
What this means for investors For institutional players, the involvement of names like BlackRock, Janus Henderson, and S&P Dow Jones Indices provides a credibility layer that pure-crypto products can’t match. These aren’t anonymous teams launching experimental tokens. They’re established financial firms choosing to distribute products through decentralized infrastructure.
The risk landscape, however, is still evolving. Regulatory clarity around tokenized securities remains patchy across jurisdictions. The “eligible users” qualifier attached to deSPXA hints at compliance guardrails, but how those guardrails interact with the permissionless nature of Uniswap pools is an open question. Smart contract risk hasn’t disappeared either, even if the underlying asset is as vanilla as the S&P 500.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
