Ink, a Kraken-incubated Ethereum Layer 2 built on the OP Stack, is upgrading to Optimism's OP Enterprise Fully Managed under a multi-year deal, the projects said Wednesday.
Under the deal, Optimism will operate Ink's production infrastructure while the Ink Foundation focuses on ecosystem growth and new financial products. In a statement shared exclusively with The Block, Optimism said the arrangement is one of the first instances of a major Layer 2 delegating infrastructure operations to a managed provider.
Launched in December 2024, Ink said it processed more than 1 million transactions in the first 24 hours after its mainnet went live, and applications built on the network now generate close to $40 million in annual revenue.
Ink signs on as OP Enterprise design partner Ink will also serve as a design partner for OP Enterprise, Optimism's infrastructure offering for institutions and exchanges building onchain financial products. The roadmap includes programmable block building, one-day withdrawals to Ethereum, and sequencer-level compliance tooling, alongside performance targets of 400 megagas per second in guaranteed throughput and block times as low as 100 milliseconds by the end of 2026.
"Programmable financial infrastructure is becoming the foundation of how institutions build onchain, but operating that infrastructure requires a different set of expertise," Optimism CEO Jing Wang said in the statement. "By working together, the Ink Foundation can focus on growing the ecosystem while Optimism focuses on operating and improving the network."
Ink Foundation Head of Strategy Zach Le said running a blockchain in production is a "unique operational challenge" and that the foundation chose Optimism to operate the network because it built the stack Ink runs on. "The next phase of onchain finance demands a chain operated by those with the technical depth to prioritize reliability and security in everything they do," Le said.
Ink's move follows the launch of Bitpanda's Vision Chain, the first network deployed on OP Enterprise Fully Managed earlier this year. Optimism said adding Ink expands the managed tier to exchange-linked blockchain networks in the U.S. and Europe.
The deal also lands as usage across major optimistic rollups has pulled back from 2025 highs, with active addresses down from nearly 3 million a year ago to under 600,000 in recent weeks, according to The Block's data dashboard.
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Kraken’s Ethereum Layer 2 chain, Ink, is outsourcing its entire production infrastructure to Optimism under a multi-year agreement. The deal makes Ink one of the highest-profile adopters of Optimism’s OP Enterprise Fully Managed tier, a service that launched in January 2026 and represents the protocol’s shift from open-source toolkit to professionalized managed service provider.
What the deal actually looks like Under the OP Enterprise Fully Managed arrangement, Optimism assumes full operational responsibility for Ink’s infrastructure. That includes 24/7 monitoring and a 99.9% uptime guarantee, the kind of service-level agreement you’d expect from a cloud provider, not a crypto protocol.
Ink keeps economic ownership and roadmap control. The Ink Foundation’s stated priorities now shift entirely to ecosystem growth, user acquisition, and developing new financial products.
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Ink launched in late 2024 as Kraken’s answer to the L2 race, designed to offer fast and low-cost trading alongside DeFi experiences. The chain is built on Optimism’s OP Stack, making it a natural candidate for this kind of managed service upgrade rather than trying to maintain custom infrastructure internally.
Typical deployment timelines for OP Enterprise setups run between 8 and 12 weeks, according to Optimism. For Ink, which was already running on the OP Stack, the transition should be relatively seamless compared to a greenfield deployment.
The money behind the partnership Ink is cited as generating an annual recurring revenue potential of approximately $40 million, tied to on-chain activities and applications running on the network.
The financial relationship between Kraken and Optimism goes deeper than just this operational agreement. Kraken previously received a multi-tranche OP token grant of about 25 million OP tokens from the Optimism Foundation to support Ink’s development. That grant effectively subsidized the initial buildout, and the Fully Managed tier now ensures long-term operational support.
Why this matters beyond Ink When Optimism launched OP Enterprise in January 2026, it formalized something that had been happening informally: chains built on the OP Stack were already leaning on Optimism’s team for operational support. The tiered managed service model just puts a price tag and SLA on it.
Other L2 frameworks, including Arbitrum’s Orbit and zkSync’s ZK Stack, are also courting enterprise customers. But Optimism’s managed service approach is arguably more aggressive, effectively telling potential chain deployers that they don’t need to hire a single infrastructure engineer.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Ink is upgrading to OP Enterprise Fully Managed, letting Optimism run its infrastructure while the Ink Foundation focuses on ecosystem growth.
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Ink, the Kraken-incubated Ethereum Layer 2 built on the OP Stack, is moving its production infrastructure to Optimism’s OP Enterprise Fully Managed under a multi-year agreement.
What’s the Scoop?The Deal: Optimism will operate Ink’s production infrastructure, shifting the technical burden to them. In return, Optimism now wears the mantle of running the chain for one of the largest exchanges, a clear proof of concept as it continues to expand its OP Enterprise to other exchanges and fintechs.Optimism’s Pivot: Optimism has spent 2026 refocusing around enterprise infrastructure, shedding its previous general-purpose nature, and betting that exchanges, fintechs, payment companies, and financial institutions increasingly want their own chains, but do not want to run blockchain infrastructure themselves.The Roadmap: Ink will also serve as a design partner for OP Enterprise as Optimism builds out features including programmable block building, one-day withdrawals to Ethereum, sequencer-level compliance tooling, higher throughput, and lower block times. In plain English, that means faster chains with more control over how transactions are ordered, screened, and settled.
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Written by David Christopher
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David is a writer/analyst at Bankless. Prior to joining Bankless, he worked for a series of early-stage crypto startups and on grants from the Ethereum, Solana, and Urbit Foundations. He graduated from Skidmore College in New York. He currently lives in the Midwest and enjoys NFTs, but no longer participates in them.
Ink, the Ethereum Layer 2 network incubated by Kraken, is moving its production infrastructure to Optimism’s OP Enterprise Fully Managed service under a multi year agreement.
Optimism will take responsibility for operating Ink’s core network infrastructure, while the Ink Foundation focuses on expanding its ecosystem and developing new financial products.
The arrangement gives Optimism control over the operational systems behind the network, including its sequencer, batcher, proposer and supporting infrastructure.
Ink will retain control over its chain, product strategy and the applications built on top of the network.
The move represents one of the first cases of a major existing Layer-2 network transferring its infrastructure operations to a fully managed provider.
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Ink launched its mainnet in December 2024 using the OP Stack. The network processed more than 1 million transactions during its first 24 hours.
Applications operating on Ink now generate close to $40 million in annual revenue, according to the projects.
Ink will also become a design partner for OP Enterprise and help shape infrastructure features aimed at exchanges and financial institutions.
The planned roadmap includes programmable block building, withdrawals to Ethereum within one day and compliance tools built directly into the sequencer layer.
Optimism and Ink are also targeting guaranteed throughput of 400 megagas per second and block times as low as 100 milliseconds by the end of 2026.
Ink Foundation Head of Strategy Zach Le said operating a blockchain in production requires specialized technical expertise and that Optimism was selected because it created the stack underlying Ink.
The agreement allows Ink’s team to direct more resources toward ecosystem development while Optimism handles reliability, security, upgrades and network performance.
Ink follows Bitpanda’s Vision Chain, which became the first blockchain deployed through OP Enterprise Fully Managed earlier this year.
The addition of Ink expands Optimism’s managed infrastructure service to an established exchange linked network operating in the United States.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Scallop, a pioneering Next Generation peer-to-peer Money Market for the Sui ecosystem, has announced a significant milestone in its journey. The platform has secured a strategic partnership with DWF Labs, a leading new generation Web3 investor and one of the world’s largest high-frequency cryptocurrency trading entities. This collaboration signifies a major step forward for Scallop, as it aims to enhance its efforts in expanding DeFi adoption.
Enhanced Liquidity and Market Visibility As part of the partnership, DWF Labs will act as Scallop’s principal liquidity provider across various centralized exchanges and support over-the-counter (OTC) trading activities.
The primary objective of this collaboration is to bolster the liquidity of the Scallop token on a global scale. Leveraging DWF Labs’ extensive expertise and network of relationships with trading platforms and exchanges, Scallop is poised to elevate its market visibility and expand its ecosystem significantly.
This strategic alliance not only strengthens Scallop’s position in the DeFi space but also extends its reach into the institutional market. By promoting adoption among institutional investors, Scallop aims to establish itself as a key player in the broader cryptocurrency landscape. The investment from DWF Labs will accelerate the execution of Scallop’s roadmap, enabling the team to fulfill its commitments to the community and explore new ventures.
About DWF Labs and Scallop DWF Labs, known as the new generation Web3 investor and market maker, is among the largest high-frequency cryptocurrency trading entities globally. The entity engages in spot and derivatives markets across over 60 top exchanges, bringing extensive experience and market insights to its partnership with Scallop.
Scallop, on the other hand, stands as the first DeFi protocol to receive an official grant from the Sui Foundation. Positioned as a Next Generation peer-to-peer Money Market for the Sui ecosystem, Scallop aims to revolutionize DeFi by providing innovative financial solutions and fostering broader adoption.
With the support of DWF Labs and its commitment to expanding DeFi accessibility, Scallop is poised to make significant strides in its mission to reshape the future of decentralized finance. As the partnership unfolds, investors and enthusiasts can expect to see exciting developments that contribute to the growth and sustainability of the Scallop ecosystem.
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Mysterious crypto writer with expertise in blockchain, offering deep insights that captivate and intrigue readers. With a unique ability to uncover hidden insights and trends, Samuel delivers in-depth analysis and thought-provoking content that keeps readers on the edge of their seats. His writing style is engaging and informative, blending technical knowledge with a sense of intrigue, making complex crypto topics accessible to both newcomers and seasoned industry professionals. Samuel’s work continues to capture the attention of the crypto community, solidifying his reputation as a trusted voice in the space.
The Sui Network (SUI) has achieved a remarkable milestone, temporarily surpassing a total value locked (TVL) of $1 billion, marking the highest level in its history. According to the DeFi data platform DefiLlama, this growth was recorded as of September 19. The Sui Network continues to attract the attention of investors with its noteworthy performance in the cryptocurrency market.
NAVI Protocol and Scallop Lend Shine in TVL GrowthAmong the lending protocols operating on the Sui Network, NAVI Protocol has reached a TVL of $310.86 million, reflecting a weekly increase of 15.46%. NAVI Protocol stands out as one of the largest lending platforms in the Sui ecosystem, enabling users to securely lend various cryptocurrencies.
Scallop Lend has also recorded a significant growth of 20.83% this week, bringing its TVL to $140.55 million. This increase reflects the growing popularity of the protocol among users and its effectiveness in the lending market. Scallop Lend aims to attract more users on the Sui Network by offering innovative solutions to support lending activities.
Suilend and Continued Growth within the EcosystemThe Suilend platform has also made significant strides, increasing its TVL to $134.39 million, which corresponds to a weekly growth rate of 15.14%. Suilend allows users to lend and borrow various cryptocurrencies, enhancing liquidity within the Sui Network. The platform attracts users with its flexible lending terms and broad asset support.
The rapid current growth in the Sui Network highlights the increase in the number of DeFi projects supporting the development of the cryptocurrency market and the expansion of its user base. The rising TVL values of lending protocols particularly reflect investors’ confidence in the DeFi ecosystem. With its dynamic structure, the Sui Network aims to attract more investors and continues to expand its ecosystem.
In addition to its TVL growth, SUI coin has seen a 14.02% increase in the last 24 hours, currently trading at $1.36.
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.
Scallop, a DeFi lending protocol within the Sui Network ecosystem, has achieved significant milestones
Scallop, a DeFi lending protocol within the Sui Network ecosystem, has achieved significant milestones. The platform has surpassed $150 million in Total Value Locked (TVL), with $80 million in total borrowing volume, $47 million in swap trading volume, and $12 million in flash loan volume.
Additionally, Scallop has introduced a new incentive program offering an 11.45% APR for USDC pools and various boosts for holding veSCA tokens. The protocol's growing popularity is highlighted by its performance in the ongoing 'Suitember' event, with 68% bullish sentiment and incentives including ~170K SUI and ~512K SCA.
This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.
The SUI price has gone up by a massive 32.4% within the last 24 hours and 60% in a week with the market capitalization nearing $8.7 billion. This has put SUI at the 15th position among the most valuable cryptocurrencies in the world today. On the other hand, the lending protocol of the Sui ecosystem, Scallop (SCA), has also been on an upward trajectory. SCA has risen by 87% in the last week and has seen its total value locked (TVL) growth by 25.3%. This points towards a growing interest in the Sui network and the other assets associated with it.
SUI Price Rally 60% In a Week Hitting New Market Cap High of $8.7B According to recent data, SUI price has increased by 32.4% within the last 24 hours, and by over 60% over the span of 7 days. This tremendous growth has also placed SUI at its highest market capitalization ever of around $8.7 billion. This has not only anchored SUI firmly in the market but has raised the asset to 15th rank amongst digital assets by market capitalization.
The increase in SUI price is coupled with a surge in trading volume, indicating a rise in investor interest. Over the past 24 hours, SUI trading volume increased by over 250%, reflecting heightened market activity, and signaling a bullish outlook. Analysts attribute this price rise to strong on-chain metrics and a favorable market environment.
Adding to the bullish sentiments, the MACD analysis on the daily chart indicates a strong upward trend for SUI. The MACD line has crossed above the signal line, currently reading 0.0211 against -0.0027, reflecting positive momentum. The histogram also supports this bullish outlook, as it has been showing green bars with increasing height. This widening gap between the MACD and the signal line indicates strengthening buying pressure and a continuation of the upward trend.
Source: TradingView Furthermore, the Bull Bear Power (BBP) analysis reinforces the bullish trend, showing a positive value of approximately 1.2590. This positive reading suggests that bulls are dominating the market, as buying strength surpasses selling pressure.
Scallop (SCA) Gains 83% As Sui Ecosystem Grows Apart from SUI, the lending protocol within the Sui ecosystem with the ticker SCA has also shown great growth. In the last one week the token price of Scallop (SCA) has risen by 83% indicating growing demand for Sui-based financial solutions. It worth mentioning that Scallop being a lending protocol is an essential part to the Sui ecosystem as it provides services such as lending and borrowing, which add value to the Sui network.
Source: CoinMarketCap The massive adoption of Scallop (SCA) has signaled the ability of the Sui ecosystem not to be limited to the SUI token alone as users seek other financial services within the network.
Besides the price appreciation, there is a remarkable improvement in the total value locked (TVL) in Scallop (SCA), which has increased by 25.30% in the last week. This increase in TVL reflects the growing interaction of users with the Scallop protocol. TVL growth is one of the constituent parameters, which characterizes overall demand together with protocol’s liquidity.
What’s Next? Analysts Predict $10 Target for SUI Following the recent rally, market analysts are optimistic about the future trajectory of SUI price, projecting a potential target of $10 if current trends persist. This positive outlook is driven by robust on-chain metrics, including high trading volume and active user engagement. Additionally, post-election market dynamics and the popularity of meme coins within the ecosystem are further catalysts for price appreciation.
SUI November price prediction could continue to benefit from increased interest and favorable market conditions. If these factors align, SUI may see another significant rally, bringing it closer to the anticipated $10 target.
Scallop dApp is excited to announce a new integration with Alchemy Pay. Alchemy Pay is a leading Fiat-Crypto gateway solution. This news was announced on Official X account of Scallop dAapp. Through this integration, users of Scallop can purchase $SCA and other tokens using their credit cards.
New Alchemy Pay Integration Enhances User Experience on Scallop DApp Scallop dApp is a leading money market in the Sui Network. With this integration, the Web2 users can easily migrate into the crypto space. They can utilize their credit cards to purchase $SCA and other supported tokens. This makes the process easier and friendly for the users to accomplish.
As a result of the integration, the Scallop users no longer have to depend on complex procedures. They are not required to buy tokens through a third party, but rather buy tokens of the app. This is a very important progress towards the improvement of the on boarding process for new users.
Furthermore, the integration is supposed to close the gap between traditional financial systems and cryptocurrencies. Scallop uses the technology of Alchemy Pay to make it easier for Web2 users to enter the crypto space.
Alchemy Pay Integration Expands Payment Options for Scallop DApp Users Alchemy Pay accepts multiple payment options to facilitate the success of online transactions. This comprises of credit and debit cards, and local payment methods. As a result, users from different areas will be able to enhance the experience. It also helps to consolidate Scallop’s position as a premier decentralized application.
Overall, this partnership represents a significant step for Scallop DApp towards its development. It adds a new dimension to users and enriches their experience on the platform. With this development, Scallop is now leading the decentralized finance space to create a new paradigm.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Scallop, an advanced money market protocol on Sui blockchain, has announced the integration of Alchemy Pay’s On & Off-Ramp solution. This move simplifies the process for Scallop users to buy and sell cryptocurrencies, offering seamless access to digital assets. This can be done through diverse payment methods, including credit cards, mobile wallets, and bank transfers.
Scallop and Alchemy Pay Unite to Enhance Global Crypto Accessibility With support spanning 170+ countries, Scallop users can now leverage Alchemy Pay’s global payment infrastructure to easily acquire cryptocurrencies, including Scallop’s native token, $SCA. The token is now listed on Alchemy Pay’s platform, allowing users to directly purchase it for engaging with Scallop’s DeFi ecosystem.
Scallop, a trailblazer in the Sui ecosystem, has set itself apart as the first DeFi protocol to receive a grant from the Sui Foundation. The platform provides an all-in-one DeFi experience with services like lending and borrowing, flash loans, and bridging tools. By integrating Alchemy Pay’s payment gateway, Scallop further enhances user access and engagement across its ecosystem.
The company’s recent acquisition of four Money Transmitter Licenses in the U.S. underscores its commitment to regulatory compliance and secure operations. As an officially authorized payment service provider listed by Visa and Mastercard, Alchemy Pay continues to solidify its reputation as a trusted platform for bridging fiat and crypto economies.
A Synergistic Partnership The partnership between Scallop and Alchemy Pay demonstrates a shared vision of simplifying and expanding access to decentralized finance. By offering streamlined payment solutions and supporting $SCA token integration, the collaboration aims to attract a broader user base to Scallop’s protocol while fostering the growth of the Sui ecosystem.
With this integration, Scallop users gain an enhanced, user-friendly experience, paving the way for greater adoption of DeFi services globally.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
[PRESS RELEASE – Singapore, Singapore, March 29th, 2025]
Scallop, a lending and borrowing protocol on the Sui blockchain, has recorded an impressive revenue of $79,920 over the past 24 hours, according to recent data from DeFiLlama. This achievement places Scallop second among all decentralized finance (DeFi) lending protocols, trailing only Aave, a well-established name in the sector. The milestone underscores Scallop’s growing prominence within the Sui ecosystem and the broader DeFi landscape.
The Sui Ecosystem: A Foundation for Innovation
Sui, a high-performance Layer 1 blockchain launched in May 2023, has quickly emerged as a hub for scalable and efficient DeFi applications. Designed with a unique object-centric data model and powered by the Move programming language, Sui offers low transaction fees, high throughput, and robust security. These attributes have fueled significant growth in its DeFi ecosystem, with Total Value Locked (TVL) surpassing $2 billion in early 2025, as reported by DeFiLlama. The blockchain’s ability to process transactions in parallel and achieve instant finality has attracted developers and users alike, positioning Sui as a competitive player alongside established networks like Ethereum and Solana.
The Sui Foundation, the organization driving the blockchain’s development, has played a pivotal role in nurturing innovative projects. Scallop stands out as the first DeFi protocol to receive an official grant from the Sui Foundation, a testament to its strategic importance within the ecosystem. This support, combined with backing from prominent industry players such as CMS Holdings, 6th Man Ventures (6MV), UOB Venture Management, and notable individuals like Dingaling, Pentoshi, and Virtual Beacon, has provided Scallop with a strong foundation for growth.
Scallop Protocol: Redefining Lending on Sui
Scallop Lend is a peer-to-peer money market protocol built on Sui, offering users a platform to lend and borrow digital assets with institutional-grade features. Since its token generation event (TGE) a year ago, Scallop has established itself as the top lending and borrowing protocol on Sui, boasting a TVL of approximately $130.27 million as of March 29, 2025. This figure reflects a notable 34% increase over the past seven days, highlighting sustained user confidence and adoption. The protocol’s total deposits and collateral currently stand at $187 million, with cumulative revenue reaching $3.94 million. The protocol’s total deposits and collaterals have now surpassed $200 million, a significant milestone that reinforces Scallop’s position as the leading money market on Sui.
Users can Supply and Borrow with Scallop here: https://app.scallop.io Scallop’s design emphasizes accessibility, security, and user experience. It separates lent assets from collateral to enhance resilience and employs a vote-escrow (ve) model to incentivize borrowing activity. Under this model, users who stake Scallop’s native token, $SCA, can access higher yield rewards. To date, the community has locked more than 27 million $SCA tokens—over 10% of the total supply—for an average duration of 3.72 years, signaling strong long-term commitment to the protocol.
In the past three days, Scallop has expanded its offerings by listing the Walrus token and partnering with Binance Wallet to host a yield-focused activity. These developments reflect Scallop’s ongoing efforts to diversify its ecosystem and enhance value for users.
A Competitive Force in DeFi Lending
Scallop’s recent 24-hour revenue of $79,920 positions it as a formidable contender in the DeFi lending space, trailing only Aave, a protocol with a long-standing presence on Ethereum and other chains. With a focus on scalability and innovation, Scallop leverages Sui’s technical advantages to deliver a seamless experience for lenders and borrowers. Its open-source framework has also enabled other projects within the Sui ecosystem to build on its infrastructure, further amplifying its impact.
As the Sui ecosystem continues to mature, Scallop’s performance suggests it is well-positioned to maintain its leadership in lending and borrowing. The protocol’s combination of strategic partnerships, community engagement, and robust metrics underscores its potential to shape the future of DeFi on Sui and beyond.
About Scallop
Scallop is the pioneering Next Generation peer-to-peer Money Market for the Sui ecosystem and is also the first DeFi protocol to receive an official grant from the Sui Foundation.
The protocol offers a range of financial services, including high-interest lending, low-fee borrowing, asset management, and automated market-making (AMM) tools, all on a single platform. Additionally, Scallop provides a software development kit (SDK) that enables professional traders to implement complex trades, including zero-interest loans easily. By emphasizing security and adhering to best practices, Scallop aims to reduce the risk of malicious behavior in the DeFi space, providing users with a trustworthy and reliable platform.
Analyst SuperBro notes that a Bitcoin close above the key level would confirm his inverted ascending scallop pattern, potentially leading to higher prices.
Bitcoin’s price has experienced a clear upward trend over the past week, seeing a significant jump from below $104,000 to over $110,000. As of today, Bitcoin is trading at $109,318, showing a 3.5% increase in the last 24 hours and a slight 0.1% rise over the past 7 days.
Following this surge, an analyst on X suggests Bitcoin might be poised for a broader surge, even reaching new highs based on an inverted ascending scallop.
Technical Patterns and Price Targets The chart analysis shared by crypto analyst SuperBro highlights the formation of an “Inverted Ascending Scallop” pattern on Bitcoin’s weekly price chart. This pattern unfolds in multiple phases, beginning with a rise from $49,500 in August 2024 to a peak of $109,000 on January 20, 2025.
From there, Bitcoin dipped to $74,400 in early April before making a comeback. This upward trend has brought the price back near the January peak, with the final phase projecting further increases.
SuperBro highlights that if Bitcoin records a weekly close above $109,358, it will confirm the inverted ascending scallop pattern, which he has continued to watch since February 2025. Interestingly, the analyst provides two potential price targets for Bitcoin.
The conservative target, based on a linear estimation, is set at $148,000. This target is derived from calculating 64% of the price difference between points A and B. In contrast, the more aggressive logarithmic target suggests that Bitcoin could reach as high as $244,000.
When asked about the possibility of Bitcoin hitting $130,000 this week, the analyst stated that it is possible, as the market is likely on the cusp of a parabolic move.
Bitcoin’s Strong Buying Pressure Meanwhile, data on Bitcoin holder inflows reveals strong buying pressure in both the short and long term. The 7-day change in inflows has increased by 168.70%, indicating heightened short-term demand.
Bitcoin Large Holders Inflow | IntoTheBlock More notably, the 30-day change has surged by 522.76%, suggesting that large holders have been accumulating Bitcoin over the past month. However, despite the strong inflow data, the 90-day change in inflows shows a massive decline of 95.04%.
Bitcoin’s Potential for Long-Term Growth On the macro scale, Bitcoin’s potential for future growth has drawn attention from prominent analysts. Tom Lee, head of research at Fundstrat, remains confident that Bitcoin could reach an all-time high of $250,000 by the end of 2025.
He attributes this optimistic outlook to Bitcoin’s fixed supply—95% of its maximum supply has already been mined—combined with the growing imbalance between Bitcoin’s demand and available supply. Lee speculates that more institutional and retail investors will enter the market, pushing Bitcoin’s price higher as demand continues to outpace its available supply.
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.
Scallop (SCA) is listed on Bitkub, a licensed cryptocurrency exchange in Thailand.
PANews reported on August 27th that Scallop (SCA), the Sui ecosystem lending protocol, has officially launched on Bitkub, Thailand's leading licensed cryptocurrency exchange. As the largest and most compliant exchange in Thailand, this listing will help Scallop accelerate its entry into Southeast Asia and the broader APAC market, increasing local user reach and liquidity.
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Bitkub Exchange, a well-known Thailand-based digital asset trading firm, has partnered with Scallop, a next-gen DeFi platform on the Sui blockchain. The partnership is aimed to expand DeFi awareness and expansion across Thai consumers. As mentioned in Bitkub’s official announcement on X, the development focuses on offering DeFi access to the users in Thailand to unlock new financial opportunities via blockchain-led innovation. Hence, the joint initiative signifies a strategic move to combine the worldwide potential of DeFi with the rising digital economy of Thailand.
🚀Bitkub Exchange partners with @Scallop_io💙💚
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Bitkub Exchange joins forces with Scallop, one of the leading DeFi projects on the Sui ecosystem to enhace understanding about DeFi and be an open door of opportunitties for Thai users to get secure DeFi service on SUI blockchain… pic.twitter.com/aUfosKs5Ht
— Bitkub.com (@BitkubOfficial) September 2, 2025 Bitkub Exchange and Scallop Partner to Enhance DeFi Awareness In partnership with Scallop, Bitkub Exchange is endeavoring to increase DeFi-related awareness among Thai users while also offering noteworthy opportunities. In this respect, the development denotes another crucial step forward in Bitkub’s efforts to advance financial literacy as well as the adoption of digital assets. Thus, by working with Scallop, it attempts to strengthen its clients with cutting-edge tools to delve into DeFi in a secure way through the Sui blockchain.
Apart from that, Scallop delivers advanced DeFi solutions and helps integrate cutting-edge financial products to streamline complicated blockchain services. Additionally, the collaboration is also a great contribution to Thailand’s strategy to expand the digital economy. As a result of this, the duo pay considerable attention to promoting an ecosystem that grows the user’s knowledge, trust, and investments in the DeFi sector.
Empowering Thai Developers with Scalable DeFi Infrastructure According to Bitkub Exchange, with this partnership, the Thai developers can expect new innovation opportunities. Hence, by utilizing the scalable infrastructure of Scallop and robust local presence of Bitkub, builders can establish consumer-first, influential, and
secure blockchain applications. Overall, this partnership will accelerate the position of Thailand in the worldwide DeFi world while providing developers with the resilient resources to shape the next era of next-gen financial solutions.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
PANews reported on September 8th that the Sui ecological lending protocol Scallop released a vulnerability update for the Nemo protocol, stating: "Earlier today, the Scallop team learned of a security incident on the Nemo protocol, which also affected the sCoin mining pool on the Nemo protocol. We would like to update that this incident only affects the Nemo protocol itself and has no impact on Scallop's mining pool. All Scallop mining pools remain secure. Nemo is currently working with a third-party audit agency, and we are awaiting further updates from the team."
Earlier news reported that NemoProtocol on Sui was hacked and lost $2.4 million .
PANews reported on September 13th that Walrus, the protocol developed by Sui developer Mysten Labs, has officially launched WAL LST, a liquid staking token for WAL. The token is now available on WalrusLST and Haedal. Users can use WAL LST to redeem or lend tokens, provide liquidity, and enjoy flexible exits. Scallop is the first protocol to support WAL LST as collateral for lending. Users can earn rewards by staking WAL while using LST as collateral to borrow more assets.
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Author: PA一线
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Follow PANews official accounts, navigate bull and bear markets together
PANews reported on October 6th that Scallop, the Sui Ecosystem lending protocol, announced that its total transaction volume has exceeded $500 million, making it the preferred DeFi platform for the Sui Chain, providing users with a secure, efficient, and seamless exchange experience. Highlights include MEV protection, customizable exchange paths across aggregators, more transparent swap price comparisons, and one-click exchange of decentralized assets with integration with the Scallop Mini Wallet.
PANews reported on October 14th that Scallop, the Sui ecosystem lending protocol, announced that its SCA token lockup has reached 50 million, representing approximately 20% of the total SCA supply, with an average lockup period of 3.71 years. The platform stated that converting locked SCA tokens to veSCA will earn borrowers up to 4x the amount of their borrowed assets, encouraging greater use of borrowed assets within the ecosystem.
SCA is listed on Kraken Exchange, and Scallop has gained mainstream recognition
PANews reported on October 27th that the Scallop token (SCA) has officially been listed on Kraken, a globally renowned cryptocurrency exchange. Scallop is the first DeFi protocol on the Sui Chain to receive funding from the Sui Foundation, with backers including 6MV, CMS Holdings, the Sui Foundation, and UOB Venture Management, a subsidiary of United Overseas Bank.
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Author: PA一线
This content is for market information only and is not investment advice.
Follow PANews official accounts, navigate bull and bear markets together
PANews reported on December 23 that Scallop, the lending protocol within the Sui ecosystem, recently underwent a comprehensive UI upgrade to its DApp: A new "Flash Loan" feature has been added, allowing users to initiate flash loans directly within the Scallop DApp; Scallop Tools now allows for one-click wallet cleanup and destruction of expired SuiNS; and features such as an account overview, risk level simulator, and market status switching options have been added. Notably, flash loans allow users to borrow assets without upfront collateral and require repayment within the same on-chain transaction.
XYO surged over 65% to an intraday high of $0.025 on Jan. 29, as the crypto rebounded from a downtrend that had persisted since December.
According to data from crypto.news, XYO Network (XYO) rose by 40% over the past day after it announced XYO Layer One, with its price moving from $0.0157 to $0.0224 at the time of writing. During the same period, the asset’s market cap shot up 42% to $312 million while its trading volume spiked by a massive 1100%, hovering around $86.7 million.
On Jan. 28, XYO launched its own Layer-1 blockchain, XYO Layer One, which is set to serve as the backbone of its ecosystem. The blockchain, featuring multichain support, will reportedly facilitate applications across various sectors, including AI models, blockchain tools, real-world asset management, and DePIN.
Market commentators also observed that the altcoin has recently broken out of a falling wedge pattern, a bullish pattern, which positions the token for more gains ahead.
Further rumors around a potential collaboration with electric car manufacturer Tesla have also gained prominence within the community.
When these rumors first surfaced, XYO responded with a 125% surge in less than 24 hours in early December 2024.
Another factor that could help support XYO’s current rally is the narrative around it being a U.S.-based project. Recent reports claim Eric Trump has floated the idea of a 0% capital gains tax on U.S.-based cryptocurrency projects as a way to boost blockchain innovation.
While Eric Trump isn’t a policymaker himself, his comments have been interpreted as a reflection of the Trump administration’s broader stance. The mere possibility of such a tax incentive has stirred speculation, particularly around projects like XYO, which could see increased interest from investors looking to capitalize on potential tax advantages.
XYO is currently 327% up over the past year, with a circulating supply of around $13.93 billion tokens.
What is XYO crypto? XYO is the governance and utility token of the decentralized physical infrastructure network project with the same name. It powers the XYO ecosystem by supporting consumer software, developer tools, and digital assets.
The network is designed to promote data sovereignty, rewarding users for contributing and maintaining accurate location-based information, with the XYO token serving as the foundation of this system.
What is XYO crypto? The currency behind the DePIN project, XYO Network, is ripping higher at press time. Adding 36% in the last 24 hours, the token outperforms leaders like Bitcoin and Solana, which are struggling for momentum.
As expected, the uptick in XYO price XYO XYO $0.003516 2.30% has seen the average trading volume skyrocket by 1,100% during this period. This shows that traders are keen to get in and have been actively swapping on the last trading day.
(Source)
The influx of traders and investors presents an opportunity for holders to “HODL” and ride the wave higher. As they do so, they may also explore other promising projects, including Wall Street Pepe. But first.
XYO powers the XYO Network, a DePIN project with roots in the United States.
The decentralized platform uses nodes distributed across multiple locations for accuracy and data validation. Roughly eight years after launching, XYO Network has over eight million nodes and is among the largest projects in its category.
XYO Network effectively allows smart contracts to interact with real-world data without hitches by using proof-of-location and proof-of-origin technologies.
For what it brings to the table, XYO Network can power logistics and even eCommerce operations.
Why is XYO Crypto Rallying? While XYO is up 220X after dropping to its all-time lows in March 2020, the surge of the last day follows unconfirmed rumors that Tesla, the electric car manufacturer, and World Liberty Financial, a company associated with the Trumps, may partner with XYO Network.
The source claims that the project was introduced to the founders of World Liberty Financial by a person who was among the first supporters of the DePIN project. The person in question is reportedly “at the very top of the United States government.”
I will say this: my team has an inside track to the person at the very top of the U.S. Government—an individual who, as of today, signed a pro-crypto EO.
The very first $XYO token holders I brought into the project are the founders of @worldlibertyfi. Get ready. 🛠️🚀
— Scott P. Scheper 🗃️ (@ScottScheper) January 23, 2025
Without confirmation, those claims will remain just that, “rumors.” However, if proven accurate, such a partnership could fuel another leg up, even pumping XYO to November 2021 highs.
Time to Buy Wall Street Pepe (WEPE)? XYO holders can now choose to buy even more as they ride the newfound media attention. While they are in the money, they may also consider diversifying by buying Wall Street Pepe (WEPE), an equally potent project.
Wall Street Pepe has been shattering records, raising over $63.5 million in the ongoing presale.
WEPE is not your ordinary meme coin. It aims to disrupt the $100 billion industry by adding utility and safeguarding retailers against rampant whale manipulation.
As such, WEPE demand has been spiraling recently, raising hundreds of thousands of dollars from the community each day. Nearly two weeks remain before the presale ends, and each token is available for just $0.0003665.
At the pace at which WEPE raises funds, there’s no doubt that once the $100 million level is breached, the token may list on top exchanges.
Once listed, WEPE may soar to command a $500 million market cap, heavily rewarding early adopters, just like how XYO did.
Don’t forget to join the Wall Street Pepe community on X and Telegram for the latest updates.
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XYO, the blockchain industry’s first DePIN project, with 80% of its users coming from outside the crypto space, is migrating its XYO Network ecosystem to its own DePIN, RWA, AI and data-focused L1. The network launched in 2018, predating the term DePIN, and is designed to enhance the validity, certainty, and value of real-world data, AI-training data, and virtually any other kind of critical data.
Today, XYO is launching a public beta of the testnet blockchain and is already in discussion with multiple data-driven projects looking to build on top of it. The decision to transition to a new Layer 1 was driven by the demand for a high-throughput blockchain: XYO and its partners will process large volumes of real-time data with low latency and data validation capabilities. No other blockchain meets XYO’s demanding specifications.
As part of its move to its own, next-gen Layer 1, XYO is introducing a new consensus mechanism called Proof of Perfect. This mechanism uses an algorithm that enables decentralized nodes to identify and rank the best chain to add new blocks to, based on how perfect each available chain is.
This ranking system evaluates each chain tip based on its validity, recency, and protocol alignment — allowing nodes to agree quickly on the most “perfect” chain to extend, without processing its full history or relying on energy-intensive consensus methods.
“Having developed on blockchain for years, I’ve seen firsthand where the current systems fall short. The community is ready for a system that can handle both high volumes of data and maintain true decentralization. XYO addresses the pain points that have held back developers and consumers for years—bloat, inefficiency, and the gentrification of participation. XYO provides the tools that developers need to build, and the means for anyone to participate, regardless of resources.”
— Arie Trouw, XYO Co-Founder & CEO of XY Labs
In addition to this, new technologies in Layer 1 enable block producers to make faster and more consistent decisions, removing the need for them to process and store all the transactions on the entire chain. This outdated process is a major bottleneck in most traditional blockchains.
Traditional chains require nodes to store and validate their full chain history. XYO Layer One introduces lookback windowing, which drastically reduces storage requirements by narrowing each node’s active memory to the most recent transactions. Older data is archived but remains accessible.
This lightweight model improves transaction speeds, and minimizes hardware strain for DePIN, RWA, AI and other data-heavy projects.
The native XYO token functions as a deflationary asset with a fixed supply, primarily serving governance, payment, and staking roles within the network. It does what it was designed to do—secure the protocol and align long-term incentives—flawlessly and will continue to do so for the lifespan of XYO.
For handling the continuous, high-volume transactional demands of a Layer 1, particularly in areas such as gas fees, base fees, and transaction prioritization, a visionary new concept is needed.
XYO is debuting a dual-token model and introducing a new symbiotic token native to XYO Layer One: XL1.
This innovation is momentous for XYO. XL1 is an inflationary token purpose-built to act as the economic engine of XYO’s native blockchain. It complements the original XYO token by taking on the role of high-frequency utility while preserving and enhancing XYO’s long-term value function.
XL1 powers the day-to-day mechanics of the XYO Layer One network, such as:
Payment of base and gas fees for transactions Smart contract execution Priority fees Rewards for active network participants and efficiency nodes XL1 can be obtained by staking XYO Tokens, which locks in XYO as the permanent governance token for XYO Layer One and maintains its relevance for XYO’s native blockchain in perpetuity. A significant portion of XYO’s circulating supply is expected to be locked within the XYO Layer One blockchain long-term through this twofold incentivization and locking mechanism.
Through staking, participants will not only earn XL1, enabling them to interact with all functions of XYO Layer One, they’ll also be critical to the overall security, reliability, and efficiency of the XYO ecosystem.
This dual-token architecture ensures a clean separation of concerns:
XYO strengthens its role in governance, staking, and long-term value alignment XL1 enables scalable, responsive, and high-throughput network operations By decoupling governance from transactional utility and designing incentives to drive both performance and security, this next-generation token model lays the foundation for a truly scalable, decentralized infrastructure network that is optimized for the next wave of DePIN, AI, and data innovation.
About XYO Founded in 2018, XYO is the first DePIN and one of the largest, with over 8 million nodes. XYO collects and validates real-world data, connecting Web3, Web2, and industries like AI and geolocation. Their Proof of Location and Proof of Origin technologies power real-world asset tracking, DePIN solutions, and interactive gaming experiences.
XYO created the COIN app to drive network growth, and their XYO token is listed on major exchanges like Coinbase.
In addition to the XYO Foundation, they founded XY Labs Inc., the first crypto company in the U.S. to gain SEC approval for a Regulation A offering, allowing both accredited and non-accredited investors. XY Labs is also one of the first to tokenize and list its shares, trading under XYLB on tZERO ATS, leading the charge in the RWA wave.
An altcoin associated with a decentralized physical infrastructure network (DePIN) project surged by nearly 44% on Friday after receiving a prominent exchange listing.
On Thursday, the South Korean crypto exchange giant Bithumb announced it was listing XYO, the native token of the XYO Network.
[adinserter block="1"]
The XYO Network aims to process any type of decentralized data.
Explains the project’s website,
“Encompassing both a network and protocol, XYO can be used for aggregating, verifying, organizing, and utilizing decentralized data from any hardware node capable of running XYO-enabled software or firmware.
XYO’s defining premise is decentralized verification, allowing network devices to verify the data flowing into the network’s databases by acting as witnesses for one another, strengthening the veracity of data received. Simple, accessible organization then allows this data to be put to use quickly and efficiently.”
Earlier this month, the project announced it would be migrating its network to a new layer-1 chain focused on DePIN. To help facilitate that move, the XYO Network is also rolling out a new layer-1 native token, XL1, and will operate with a dual-token model going forward.
The original XYO token will stay on Ethereum (ETH) and act “as an anchor to regulate the flow of XL1 into its native blockchain,” according to the project.
XYO is trading at $0.0154 at time of writing. The 278th-ranked crypto asset by market cap is also up by more than 71% in the past week.
XYO may be poised for a surge of up to 30% following the launch of its purpose-built Layer-1 blockchain and native utility token, XL1.
Summary
XYO Network has launched its own Layer-1 blockchain, along with its native utility token, XL1. XL1 staking has been designed to reduce XYO’s total supply. While XL1 crashed over 50% less than a day after its launch, XYO price has gained more than 6%. On Sep. 16, DePIN platform XYO Network announced the launch of its first Layer‑1 blockchain, purpose-built to handle data-heavy applications across sectors such as AI, logistics, and real-world assets (RWA).
Unlike general-purpose chains, XYO (XYO) Layer‑1 is built to offer verifiable and scalable data solutions for both enterprise and consumer use cases. XYO reportedly decided to build its own blockchain after finding that existing options could not meet its need for a high-efficiency network to handle large volumes of real-world data.
Apart from the launch of its Layer-1 network, the XYO team also revealed the launch of XL1, a utility token introduced to power the Layer‑1’s transactional functions. While the original XYO token remains active for governance and staking, XL1 will serve as the native currency for gas fees, smart contract execution, and on-chain rewards.
XL1 tokens are earned by staking XYO, a process that locks the original XYO tokens within the Layer 1 network. This mechanism is designed to reduce XYO’s active circulating supply over the long term, which in turn can support XYO’s upside potential.
Shortly after its launch, the XL1 token was listed on multiple centralized exchanges, including Kraken, KuCoin, Gate.io, MEXC, and CoinDCX.
The Token Generation Event established a total supply of 38 billion XL1 tokens, with an initial circulating supply of approximately 5.7 billion tokens, which remains unchanged at press time.
XL1 initially launched at a price of $0.0017 and surged to a high of $0.0032 within the first three hours, before crashing by over 51.5% over the course of the day, as early investors and airdrop recipients likely sold off their tokens to lock in profits, an occurrence quite common in the crypto space.
However, the original XYO Network (XYO) token, on the other hand, rose 6.5% over the past day, bringing its market cap to over $151 million at press time. Now, technicians suggest it may be looking at more gains, especially as recent developments have drawn in renewed interest from traders.
XYO price analysis On the daily chart, XYO price had been forming lower highs and lower lows since it entered a downtrend in mid-July. It eventually broke out of the descending trendline after news of the launch of its Layer 1 network and its accompanying token.
XYO price has broken above a descending trendline that had been forming since mid-July on the daily chart — Sep. 17 | Source: crypto.news When an asset’s price breaks out of a descending trendline, it usually indicates a shift in momentum from bears to bulls.
Another bullish case for XYO is that its price has flipped the 50-day simple moving average at $0.010 into support, a sign that short-term sentiment has turned more favorable.
On top of that, the Aroon Up shows a reading of 100%, while the Aroon Down remains at 28.57%. The metric indicates that bullish momentum is dominant, with the asset recently hitting new highs more frequently than lows.
Based on all these bullish technicals, XYO would likely continue its rally to test the $0.011 level, which aligns with the 23.6% Fibonacci retracement level. A break above this resistance could see the token rally toward $0.013, up nearly 30% from the current level.
However, a drop below the 50-day moving average would invalidate the setup and would likely lead to a bearish reversal.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Quick Answer: XYO Network (XYO) is trading near $0.0035–$0.0058 as of May 2026, down approximately 93% from its all-time high of $0.082 (November 2021), and ranking approximately #403 globally. Analyst forecasts for 2026 range from $0.0076 (Changelly conservative) to $0.149 (CoinLore bull case). For 2030, projections span from $0.0043 (MEXC flat 5%) to $1.33 (Mudrex extreme bull). Key catalysts include XYO’s Layer-1 blockchain launched September 16, 2025 — the first blockchain purpose-built for data-heavy DePIN applications — Revolut listing on December 10, 2025, 10+ million nodes worldwide, $8.8 million in real revenue generated in 2024, and the dual-token model introducing XL1 as a gas token alongside XYO governance.
Key Takeaways:
XYO is the first and largest DePIN network for geospatial location verification — 10M+ nodes, 80% non-crypto users Layer One blockchain launched September 16, 2025 — purpose-built for data-heavy applications at scale Revolut listing December 10, 2025 — mainstream fintech exposure to 50M+ Revolut users $8.8M real revenue in 2024 from the COIN App — one of the few DePIN projects with verified non-speculative income XL1 token (gas layer) launched with dual-token model; team unlock of 25.3% monthly through 2026 is a supply headwind What Is XYO Network (XYO)? XYO Network (XY Oracle Network) is a decentralized physical infrastructure network (DePIN) founded in 2017 by Scott Scheper, Arie Trouw, and Markus Levin. Its core function is collecting, validating, and verifying real-world location data — specifically geospatial position — using a cryptographic protocol that makes location data trustless and verifiable on-chain without relying on a centralized GPS provider.
XYO describes itself as “a network of the future” that empowers people to participate in the world’s data economy through the validation of anonymous, secure geospatial data. Its network architecture has four components:
Sentinels: Data collection devices (smartphones, IoT hardware) that record location and proximity signals Bridges: Aggregators that compile Sentinel data and relay it to the network Archivists: Storage nodes that maintain data records Diviners: Query resolvers that analyze data and respond to smart contract requests This architecture enables developers to query real-world location data directly from smart contracts — making XYO function as an on-chain GPS oracle with cryptographic proof of location. The Proof of Location and Proof of Origin technologies are XYO’s primary technical differentiators.
The COIN App — XYO’s consumer-facing mobile application — has attracted over 1 million downloads and generated $8.8 million in real revenue in 2024, almost entirely from users outside the crypto ecosystem. This non-crypto user base (80% of total users) is one of XYO’s most unusual and valuable characteristics.
According to CoinMarketCap, XYO has a fixed circulating supply of approximately 13.93 billion tokens and a market capitalization of approximately $50–80 million as of May 2026.
How Does XYO Compare to Other DePIN and Oracle Networks? XYO occupies a specific niche: decentralized location data verification. It competes with both oracle networks (which provide general external data to blockchains) and DePIN infrastructure protocols.
ProjectTokenFocusMarket CapReal RevenueXYO NetworkXYOGeospatial location data~$50–80M$8.8M (2024)ChainlinkLINKGeneral-purpose oracle~$3.5BProtocol feesHeliumHNTWireless connectivity~$800MNetwork feesHivemapperHONEYDecentralized mapping~$100MMapping rewardsGEODNETGEODHigh-precision GNSS~$40MRTK corrections XYO’s primary advantage is its COIN App revenue model — real, verified income from a non-crypto consumer application. Chainlink dominates general oracle infrastructure at roughly 40x XYO’s market cap. XYO’s niche is specifically location verification, where its 10 million+ node network provides density that newer DePIN competitors cannot quickly replicate.
XYO Network (XYO) Price Today and Market Overview MetricValue (May 2026)Price~$0.0035–$0.0058Market Cap~$50–80M24h Volume~$2–11MCMC Rank~#403ATH$0.082 (Nov 2021)ATH Drop~93%Circulating Supply~13.93B XYO (fixed) As of May 2026, XYO is trading near $0.0035–$0.0058 after a significant cycle. XYO started 2026 at approximately $0.021, spiked to approximately $0.041 in early January driven by DePIN sector momentum and Layer One launch sentiment, then declined sharply to $0.004–$0.006 by February–March as the broader altcoin market corrected. DigitalCoinPrice shows XYO at $0.00348 on May 4, 2026, ranked #403.
The two most important recent events for XYO’s fundamental value:
1. Layer One blockchain (September 16, 2025) — XYO launched its own purpose-built Layer-1 blockchain, introducing a dual-token model where XYO governs the network and a new XL1 token serves as the gas layer for data transactions. The blockchain is specifically designed for data-heavy DePIN applications at scale — the first major infrastructure upgrade in XYO’s seven-year history.
2. Revolut listing (December 10, 2025) — Revolut added XYO to its platform, giving 50 million+ Revolut users access to buy, sell, and hold XYO. Revolut’s user base is predominantly non-crypto-native — a direct match for XYO’s existing 80% non-crypto user profile through COIN App. The listing represents mainstream fintech validation at a scale most DePIN projects have not achieved.
XYO Price History Snapshot PeriodPrice LevelKey Event2017LaunchXYO Network founding2020ATL $0.0000967COVID market crashNov 2021ATH $0.082Coinbase listing; bull market peak2022Bear market $0.003–$0.015Crypto winter2023Range $0.003–$0.010Slow recovery2024Range $0.010–$0.030COIN App revenue growthSep 2025Layer One launchDual-token model introducedDec 2025~$0.021Revolut listing; year opened strongJan 2026$0.041 (local high)DePIN momentum; Layer One hypeFeb–Mar 2026$0.004–$0.006Broad altcoin correctionMay 2026~$0.0035–$0.0058Current trading range XYO Price Prediction 2026 2026 sits at an inflection point for XYO. The Layer One adoption trajectory, XL1 token integration, and Revolut’s 50M user base exposure are catalysts. The headwind is significant: XL1 team token unlocks of 25.3% monthly through 2026 create dilution pressure, and the January spike to $0.041 already priced in substantial optimism before correcting 90%.
SourceLowHighNotesMEXC (5% flat)$0.0032$0.0040Flat growth modelChangelly$0.0076$0.0091Conservative monthly modelPricePrediction.net$0.0086$0.0100Technical modelCoinpaper$0.030$0.070DePIN sector growth thesisMudrex$0.045$0.105Layer One adoption + dual-tokenCoinLore$0.047$0.149Bull cycle; historical analysisBitScreener—avg $0.0382026 average with bull assumptions MEXC’s flat model ($0.0032–$0.0040) and Changelly’s $0.0076–$0.0091 stay near current prices, reflecting the weight of supply unlocks and the post-January correction. Coinpaper’s $0.030–$0.070, Mudrex’s $0.045–$0.105, and CoinLore’s $0.047–$0.149 represent the DePIN adoption bull scenario — Layer One generating measurable data transaction volume and the dual-token model creating organic XL1 demand that indirectly supports XYO governance value.
XYO Price Prediction 2027 2027 is the post-halving altcoin window. DePIN is becoming an increasingly recognized category in 2026, and by 2027, the thesis either shows verifiable traction or doesn’t.
SourceLowHighMEXC$0.0037$0.0042Changelly$0.0091$0.011BitScreener—$0.041CoinLore—~$0.162Mudrex—~$0.45 MEXC and Changelly’s conservative models stay near current prices through 2027. BitScreener’s $0.041 represents a recovery toward the January 2026 high. CoinLore’s $0.162 bull case and Mudrex’s $0.45 require XYO to capture enterprise DePIN adoption — specifically becoming embedded in AI training pipelines, autonomous vehicle mapping, supply chain tracking, and IoT verification at scale.
XYO Price Prediction 2028 2028 is the next Bitcoin halving year. XYO’s COIN App revenue and 10M+ node network provide a genuine fundamental floor that most speculative DePIN tokens lack.
SourceLowHighMEXC$0.0039$0.0044Changelly$0.0120$0.0145BitScreener—$0.013Mudrex—~$0.80 Mudrex’s $0.80 for 2028 is the aggressive bull — XYO at roughly 10x its 2021 ATH of $0.082, requiring DePIN to emerge as a dominant infrastructure category with XYO as its primary location data layer. Changelly’s $0.012–$0.014 is the moderate recovery scenario — XYO returning to its 2023 trading range during a halving-cycle altcoin recovery.
XYO Price Prediction 2029 SourceLowHighMEXC$0.0041$0.0046BitScreener—$0.021Mudrex—~$1.00 BitScreener’s $0.021 for 2029 represents XYO recovering to 2026 January levels. Mudrex’s $1 scenario requires XYO to become core infrastructure for AI data verification, autonomous systems, and Web3 applications requiring location proof — a plausible but highly contingent outcome.
XYO Price Prediction 2030 2030 is the most widely discussed long-term horizon for XYO, with the widest range of any forecast year.
SourceLowHighMEXC (5% flat)—$0.0043Changelly$0.0183$0.0220PricePrediction.net—~$0.040BitScreener$0.0055$0.028CoinLore—$0.298Mudrex$0.95$1.33CoinCodex (ceiling)—max $0.047 (lifetime) MEXC’s $0.0043 is the structural floor — near-zero appreciation over four years. Changelly’s $0.018–$0.022 and BitScreener’s $0.005–$0.028 represent conservative-to-moderate appreciation. CoinLore’s $0.298 is a significant bull scenario — XYO trading above its 2021 ATH. Mudrex’s $0.95–$1.33 is the extreme bull case, explicitly contingent on DePIN being “essential to the mainstream Web3 stack” and XYO capturing the data verification layer of a $3.5 trillion DePIN sector.
CoinCodex takes the most bearish structural view, estimating XYO’s lifetime maximum at $0.047 — treating its 13.93 billion fixed supply and competitive dynamics as permanent price ceilings. This is a credible structural bear case rather than an alarmist projection.
What Drives XYO Network (XYO)’s Price? Layer One adoption. XYO’s September 2025 Layer-1 launch is the most transformative event in its history. The dual-token model (XYO governance + XL1 gas) creates a new demand vector for both tokens — but adoption of the Layer One must generate measurable transaction volume to justify the architecture investment. Developer activity and data transaction volume are the most important leading indicators.
COIN App revenue and user growth. XYO’s $8.8 million in 2024 revenue from non-crypto users is the most unusual fundamental in the DePIN category. Growing COIN App user counts and monthly revenue are direct leading indicators for organic XYO demand — entirely independent of crypto market cycles.
XL1 token supply dynamics. The XL1 token TGE saw an 88% spike followed by a same-day reversal — a typical low-float launch pattern. Team token unlocks of 25.3% monthly through 2026 create ongoing sell pressure. Monitoring the pace and market impact of these unlocks is critical for 2026 price action.
DePIN sector adoption. XYO is the oldest and largest DePIN network by node count. As DePIN becomes a recognized investment category — attracting institutional capital through sector ETFs or dedicated funds — XYO benefits as the category pioneer with a 9-year track record.
AI data demand. XYO’s location and physical event verification infrastructure is directly relevant to AI training data quality. As demand for high-integrity, verifiable real-world training data grows, XYO’s 10 million+ node network becomes a potential supplier to AI model developers — a use case that emerged only in 2024–2025 and could scale materially by 2027–2028.
Revolut distribution. Revolut’s 50 million users are predominantly non-crypto-native — perfectly aligned with XYO’s existing user base. If Revolut’s integration drives COIN App downloads and new XYO holders, it creates the retail distribution network that most DePIN tokens lack.
Is XYO Network a Good Investment? XYO at $0.0035–$0.0058 prices a genuinely operating, revenue-generating DePIN network at a $50–80 million market cap — a significant discount to Chainlink (general oracle, $3.5B) and Helium (wireless connectivity, $800M). The project has verified $8.8M in real 2024 revenue, 10M+ nodes, and now a purpose-built Layer-1.
The fundamental case is strong by DePIN standards. The token price case is complicated by a 13.93 billion circulating supply (making percentage gains harder to sustain), XL1 team unlock dilution through 2026, and the gap between COIN App’s consumer focus and the enterprise-grade data monetization that would justify a Chainlink-scale valuation.
For investors who believe location data verification and DePIN infrastructure will be essential components of the AI and IoT economy by 2030, XYO near its 2020 support levels — with materially stronger fundamentals than in 2020 — offers speculative exposure to that thesis.
Nothing in this article constitutes financial advice. Cryptocurrency investments carry substantial risk.
Where to Buy XYO Network (XYO) Centralized exchanges (CEX):
Binance — XYO/USDT available; highest global liquidity Coinbase — XYO/USD for US users; Coinbase listing in 2021 was XYO’s primary price catalyst Kraken — XYO/USD available KuCoin — XYO/USDT with competitive fees Gate.io — XYO/USDT available globally Revolut — XYO available for 50M+ Revolut users in supported regions (listed December 2025) COIN App: XYO can be earned directly through the COIN App (iOS and Android) by passively sharing geolocation data while moving. Users accumulate COIN points that can be redeemed for XYO — the most unique acquisition method in cryptocurrency (earning by geolocation contribution rather than purchasing).
Self-custody: XYO is an ERC-20 token on Ethereum, compatible with any Ethereum wallet including MetaMask, Ledger, and Trezor. Always verify the contract address via CoinMarketCap before purchasing on a DEX.
Frequently Asked Questions What is the XYO price prediction? For 2026, forecasts range from $0.0076 (Changelly) to $0.149 (CoinLore bull). Mudrex projects $0.045–$0.105 based on Layer One adoption. MEXC's flat model stays near $0.0036–$0.0040. The base case consensus for 2026 is $0.0076–$0.010, with above-base scenarios requiring DePIN sector momentum to sustain. CoinLore's bull case of $0.149 represents a recovery to early 2026 levels — plausible but requiring broader altcoin recovery.
How high can XYO go? In an aggressive bull scenario by 2030, Mudrex projects $0.95–$1.33, contingent on DePIN becoming "essential to the mainstream Web3 stack." CoinLore's $0.298 is a moderate bull case. CoinCodex's structural ceiling is $0.047 (lifetime maximum per their algorithm). Reaching $0.082 (previous ATH) from current prices represents a roughly 20x gain and is not projected before 2028–2029 in any mainstream model.
What is XYO Network? XYO Network is a decentralized physical infrastructure network (DePIN) founded in 2017 that collects and verifies real-world geospatial location data using 10+ million nodes worldwide. Its COIN App generated $8.8M in real revenue in 2024. In September 2025, XYO launched its own Layer-1 blockchain for data applications, introducing XL1 as a gas token alongside XYO governance. Revolut listed XYO in December 2025, giving 50M+ Revolut users access to the token.
What is the XYO price prediction for 2030? The 2030 range spans from MEXC's flat $0.0043 to Mudrex's bull $1.33. Changelly projects $0.018–$0.022. PricePrediction.net targets ~$0.040. CoinLore projects $0.298. CoinCodex's lifetime ceiling is $0.047. The most cited realistic planning range is $0.018–$0.10, with the upper end requiring Layer One to generate enterprise adoption and DePIN to mature as an institutional investment category through two halving cycles.
Is XYO a good investment? XYO is one of the few DePIN tokens with verified non-speculative revenue ($8.8M in 2024), a genuine user base (10M+ nodes, 80% non-crypto users), and a purpose-built Layer-1. Key risks: 13.93 billion supply makes large nominal gains difficult; XL1 team unlock dilution through 2026 creates supply pressure; the gap between COIN App consumer engagement and enterprise-grade data monetization is the central execution challenge. For investors with DePIN conviction and 3–5 year horizons, XYO near 2020 support levels offers asymmetric exposure.ShareContentThe theoretical threat of quantum computers to Bitcoin’s cryptographic security now has a dollar figure: $469 billion. That’s the value of 6.04 million BTC, or 30.2% of the total issued supply, whose public keys are exposed on-chain today and could be exploited if a sufficiently powerful quantum compastedQuick Answer: AMP is currently trading near $0.000841, down roughly 99.3% from its June 2021 all-time high of $0.1208. Third-party forecasts for 2026 range widely — from $0.0009 on the bearish end (CoinCodex) to $0.0100 on the bullish end (PricePrediction.net) — with the base-case consensus sitting pasted
Analyst: Micron's earnings boost overall market sentiment for the tech sector
Chris Strazzeri, Financial Trading Manager of Moomoo’s Australia and New Zealand branch, stated: “The targeted sell-off indicates that following a sustained, strong rally in AI-related and speculative growth stocks, investors are enforcing strict valuation discipline. This serves as a warning to the market that actual earnings levels must now rise to support the currently overvalued price-to-earnings ratio. Micron Technology’s post-market earnings results largely confirm this, and its robust performance has lifted overall market sentiment in the tech sector.”
4 minutes ago
2x Leveraged Long DRAM ETF (RAM) Records $383 Million in Trading Volume on Its First Day of Listing
According to Bitget market data, the Roundhill T-REX 2X Long DRAM Daily Target ETF (Nasdaq ticker: RAM) officially launched trading yesterday. On its first trading day, the fund recorded a total turnover of $383 million, and rose 29.47% in after-hours U.S. stock trading to hit $30.8. Note: RAM’s underlying exposure covers companies engaged in memory-related technologies, including DRAM, NAND and storage solutions, targeting active traders seeking leveraged exposure to the memory chip theme and artificial intelligence infrastructure development.
4 minutes ago
BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.
BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.
4 minutes ago
Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.
Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.
4 minutes ago
Japan and South Korea's stock markets closed higher across the board, with Japan's stock market hitting a new closing high.
According to Bitget market data, the Nikkei 225 index closed up 3,191.37 points, or 4.61%, at 72,366.34 points on Thursday, June 25, hitting a new all-time closing high. South Korea’s KOSPI index rose 459.76 points (5.43%) to end at 8,930.78 points; SK Hynix surged 13% while Samsung Electronics gained more than 5%.
4 minutes ago
A newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
According to monitoring by Onchain Lens, a newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
Judge Lewis Kaplan denied SBF's pro se motion for a new trial, rejected his attempt to withdraw it, and called his claims of government witness tampering entirely contradicted by the record.
Posted April 29, 2026 at 6:11 am EST.
U.S. District Judge Lewis Kaplan on Tuesday denied former FTX CEO Sam Bankman-Fried’s pro se motion for a new trial, calling the arguments “baseless on multiple independently sufficient levels” and rejecting what the judge described as a calculated effort to relitigate facts the court had already considered and excluded.
Bankman-Fried filed the motion in February, representing himself and arguing that newly discovered evidence warranted a retrial. The filing pointed to potential testimony from former FTX Digital Markets co-CEO Ryan Salame and former FTX head of data science Daniel Chapsky, both of whom did not appear at his November 2023 trial. Bankman-Fried accused the Justice Department of using threats and retaliation to keep them from testifying on his behalf. Kaplan rejected that account.
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“He could have obtained or at least sought to compel their testimony,” Kaplan said. “But he did neither. His assertion that their absence was a product of government threats and retaliation is wildly conspiratorial and entirely contradicted by the record.”
Kaplan also refused Bankman-Fried’s April 22 request to withdraw the motion before the ruling came down, citing Bankman-Fried’s request to be able to refile, which he said is not usually the case.
The judge also flagged what he called a “plan to rescue his reputation” that Bankman-Fried hatched and committed to writing after FTX declared bankruptcy but before he was indicted, citing Google documents uncovered at sentencing that outlined a detailed post-indictment media strategy.
Bankman-Fried still has a pending appeal before the Second Circuit Court of Appeals, where oral arguments were heard in November 2025. A separate request to have Kaplan removed from the case on bias grounds also remains pending.
FEDERAL REGISTER: Self-Regulatory Organizations; LCH SA; Notice of an Application for an Exemption Pursuant to Section 36 of the Securities Exchange Act of 1934 Relating to Rule Filing Requirements and Request for Comment
Kripto para piyasasında gündem yaratan açıklama ünlü on-chain araştırmacısı ZachXBT’den geldi. Kripto dünyasında yaptığı detaylı zincir üstü analizlerle tanınan ZachXBT, LAB tokeni hakkında dikkat çeken iddialarda bulundu. Araştırmacı, projenin piyasa yapısının büyük ölçüde içeriden kişiler tarafından kontrol edildiğini öne sürerken, kripto para borsalarına da açık çağrı yaparak tokenin delist edilmesini istedi. ZachXBT’nin açıklamaları sonrası yatırımcılar LAB projesine yönelik riskleri yeniden tartışmaya başladı. Özellikle token arzı, yatırımcı şeffaflığı ve içeriden satış iddiaları kripto topluluğunda büyük yankı uyandırdı.
ZachXBT: LAB Token Büyük Risk Taşıyor ZachXBT tarafından paylaşılan rapora göre LAB tokeninin toplam arzının yüzde 95’ten fazlası içeriden kişiler tarafından kontrol ediliyor olabilir. Analist, bu durumun küçük yatırımcılar açısından ciddi risk oluşturduğunu savundu. Raporda ayrıca LAB tokeninin tamamen seyreltilmiş piyasa değerinin kısa sürede yaklaşık 6 milyar dolara ulaştığı belirtildi. Ancak ZachXBT, projenin arkasındaki yapının yeterince şeffaf olmadığını ve yatırımcıların gerçek dolaşımdaki arz konusunda net şekilde bilgilendirilmediğini ifade etti. Araştırmada projenin kurucuları olarak gösterilen Vova Sadkov ve Mark’ın daha önce yer aldığı Eesee projesinde de yatırımcı memnuniyetsizliği yaşandığı öne sürüldü.
ZachXBT’nin raporunda en dikkat çeken detaylardan biri ise halka açık satış yatırımcılarına uygulanan kilit süresinin değiştirilmesi oldu. İddialara göre başlangıçta 3 ay olarak açıklanan kilit açılım süresi daha sonra tek taraflı şekilde 9 aya çıkarıldı. Bunun yanında proje ekibinin bazı influencerlara ve büyük yatırımcılara ayrıcalıklı davrandığı da öne sürüldü. ZachXBT, bazı tanıtım içerikleri için baskı kurulduğunu ve pazarlama ödemelerinde sorun yaşandığını iddia etti.
On-Chain Veriler Şüpheleri Artırdı On-chain verilere dayandırılan analizde proje fonlarının kişisel hesaplarla karıştırıldığı ve yüksek miktarda LAB tokenin işlem platformlarına aktarıldığı belirtildi. ZachXBT’ye göre içeriden bağlantılı cüzdanlar son dönemde yüz milyonlarca dolarlık token çekimi gerçekleştirdi. Araştırmacı, bu hareketlerin geçmişte manipülasyon suçlamalarıyla gündeme gelen bazı projelerde görülen işlemlere benzediğini ifade etti.
ZachXBT, kripto para borsalarına çağrıda bulunarak:
LAB projesi hakkında kapsamlı soruşturma yürütülmesini istedi. Araştırmacı, gerekli görülmesi halinde ilgili fonların dondurulabileceğini ve tokenin delist edilmesinin değerlendirilmesi gerektiğini söyledi.
Kripto topluluğunda büyük ses getiren bu iddiaların ardından gözler şimdi LAB ekibinden gelecek olası açıklamalara çevrildi.
Değerlendirme ZachXBT’nin LAB tokeni hakkında ortaya attığı iddialar, kripto para piyasasında şeffaflık ve yatırımcı güvenliği tartışmalarını yeniden gündeme taşıdı. Özellikle içeriden kontrol edilen arz yapısı, kilit süresi değişiklikleri ve olası manipülasyon iddiaları yatırımcıların dikkatini çekiyor. Önümüzdeki süreçte borsaların atacağı adımlar ve proje ekibinden gelecek açıklamalar, LAB tokeninin geleceği açısından kritik önem taşıyabilir.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
Key Takeaways President Trump expressed regret about requesting only a 10% government stake in Intel, stating he “should have asked for more” Intel shares climbed 0.68% in premarket Monday to $109.51, bucking broader market weakness The chipmaker’s recent quarterly performance exceeded forecasts: $0.29 EPS versus $0.01 expected, and $13.58B revenue against $12.32B projections The North Dakota State Investment Board initiated a fresh $5.53M Intel stake during Q4 Wall Street maintains a Hold consensus with a $77.38 mean price target — significantly below current price levels President Trump sparked renewed attention around Intel on Monday following a Fortune magazine interview where he revealed the federal government should have negotiated a larger ownership percentage in the semiconductor giant.
Intel Corporation, INTC
“He said, ‘You have a deal.’ I said, ‘Shit, I should have asked for more,'” Trump recalled during the conversation.
Shares of INTC reached $109.51 during premarket trading Monday, advancing 0.68%, even as broader indices showed weakness — Nasdaq futures declined 0.14%, indicating Intel-specific momentum.
Trump positioned the Intel equity arrangement within his broader economic strategy that blends tariffs, government equity stakes, and major commercial agreements designed to channel international investment into American markets. He referenced the national debt reaching “$38 trillion” as justification for pursuing non-traditional government participation in corporate strategies.
The statement created immediate market impact, driving share price movement.
Intel’s technical trajectory has been among the most volatile within the semiconductor space. Currently, the stock trades 11.9% above its 20-day simple moving average and an impressive 143.8% above its 200-day SMA. A bullish golden cross emerged in August 2025, triggering a sustained rally.
The 52-week price range paints a striking picture: from a low of $18.97 to a peak of $132.75. Intel currently occupies the upper end of this substantial range.
Quarterly Results Exceed Projections, Yet Uncertainty Persists Intel’s latest quarterly financial report provided encouraging data for optimistic investors. The semiconductor manufacturer delivered earnings per share of $0.29, crushing the $0.01 consensus forecast by $0.28. Revenue reached $13.58 billion compared to the $12.32 billion estimate — achieving beats across both metrics.
Revenue increased 7.4% on a year-over-year basis. For a corporation that faced significant headwinds throughout the previous two years, this growth metric carries weight.
Intel has projected Q2 2026 EPS guidance at $0.20. The analyst community anticipates full fiscal year EPS of $0.63, with the upcoming earnings announcement scheduled for approximately July 23, 2026.
Notwithstanding the robust quarterly performance, Wall Street’s collective stance remains conservative. The consensus analyst price target stands at $77.38 — approximately 30% beneath current trading prices.
Professional Ratings and Institutional Portfolio Adjustments Mizuho elevated its price objective to $124 on May 12 while maintaining a Neutral stance. RBC Capital Markets continued its Sector Perform rating with an $80 target. Tigress Financial Partners affirmed its Buy recommendation and increased its target to $118.
The divergence among price targets reflects underlying uncertainty — Wall Street analysts lack consensus, and the stock has surpassed most valuation frameworks.
Regarding institutional activity, the North Dakota State Investment Board established a new $5.53 million position during Q4, acquiring 149,868 shares. Multiple smaller investment advisors also expanded their holdings throughout the quarter.
April Miller Boise, an Intel Executive Vice President, divested 40,256 shares on May 1st at a $99.53 average price, trimming her holdings by 27.7%.
Intel recently announced a partnership as the official compute partner for McLaren Racing, creating high-profile visibility for its processor technology.
Erste Group Bank upgraded its FY2026 and FY2027 earnings projections for Intel, though certain analysts continue highlighting competitive threats from AMD and Arm in the server CPU market.
Critical resistance remains at $132.75 — the 52-week high watermark.
Analyst: Micron's earnings boost overall market sentiment for the tech sector
Chris Strazzeri, Financial Trading Manager of Moomoo’s Australia and New Zealand branch, stated: “The targeted sell-off indicates that following a sustained, strong rally in AI-related and speculative growth stocks, investors are enforcing strict valuation discipline. This serves as a warning to the market that actual earnings levels must now rise to support the currently overvalued price-to-earnings ratio. Micron Technology’s post-market earnings results largely confirm this, and its robust performance has lifted overall market sentiment in the tech sector.”
4 minutes ago
2x Leveraged Long DRAM ETF (RAM) Records $383 Million in Trading Volume on Its First Day of Listing
According to Bitget market data, the Roundhill T-REX 2X Long DRAM Daily Target ETF (Nasdaq ticker: RAM) officially launched trading yesterday. On its first trading day, the fund recorded a total turnover of $383 million, and rose 29.47% in after-hours U.S. stock trading to hit $30.8. Note: RAM’s underlying exposure covers companies engaged in memory-related technologies, including DRAM, NAND and storage solutions, targeting active traders seeking leveraged exposure to the memory chip theme and artificial intelligence infrastructure development.
4 minutes ago
BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.
BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.
4 minutes ago
Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.
Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.
4 minutes ago
Japan and South Korea's stock markets closed higher across the board, with Japan's stock market hitting a new closing high.
According to Bitget market data, the Nikkei 225 index closed up 3,191.37 points, or 4.61%, at 72,366.34 points on Thursday, June 25, hitting a new all-time closing high. South Korea’s KOSPI index rose 459.76 points (5.43%) to end at 8,930.78 points; SK Hynix surged 13% while Samsung Electronics gained more than 5%.
4 minutes ago
A newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
According to monitoring by Onchain Lens, a newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
A group of pro-crypto US senators is pushing federal banking regulators to make changes to the capital guidelines for digital assets. They say that current rules are discouraging banks from investing in the crypto space.
US Senators Request Change In Crypto Capital Laws A coalition of US Senators led by Cynthia Lummis, Bill Hagerty, Dan Sullivan, Bernie Moreno, Jon Husted, and Ted Budd wrote a letter to U.S. banking authorities. They requested to establish a new banking framework to regulate banks’ digital asset operations amid the CLARITY Act progress.
The lawmakers referenced recent guidelines on tokenized securities as an example of the law to be followed when regulating other crypto assets. “Capital treatment should reflect the risk characteristics of the underlying asset, not the technology used to record ownership,” the letter said. The senators said that the same should be true for other electronic assets.
The Basel Committee’s 2022 crypto capital framework, which gave a risk weight of 1250% to Bitcoin and some other digital assets, was a main point. The senators say that the classification “was not derived from a calibrated assessment of the actual risk profile of digital assets.”
The US Senators also pointed out the application of the law. The letter adds, “A 1,250% risk weight, multiplied by the 8% minimum capital ratio, produces a capital requirement equal to 100% of the exposure.” It effectively means that banks will be required to hold at least the same amount of capital as their holdings of digital assets.
The senators recognized the threats cryptocurrencies pose, but stated that “these risks are measurable.” Hence, the US Senators believe these could be mitigated through existing banking risk-management tools.
They also challenged the current way of treating crypto, per a post by journalist Eleanor Terrett on X. Lawmakers said that these rules have a narrow view of assets that are traded in transparent and liquid markets all over the world.
The CLARITY Act Factor In Play The push comes as the CLARITY Act gains momentum in Washington. The bill was recently placed on the Senate calendar.
Further, Senator Lummis indicated she hopes to have a vote on the Senate floor before the August recess.
Meanwhile, the US Senators also called on regulators to implement a framework. They want it to be “based on, to the extent possible, a technology-neutral approach that gives banks the authority to participate meaningfully in digital asset markets.”
For further context, the new letter follows a rise in debate regarding the CLARITY Act. JPMorgan CEO Jamie Dimon has been vocal about his opposition to the bill.
On the other hand, a new crypto PAC has joined in support of the crypto developers in Congress.
The Securities and Exchange Commission is opposing the Bittrex bankruptcy administrator’s request to overturn a judgment it accepted less than three years ago, teeing up a dispute over the regulator’s position on cryptocurrency.
The plan administrator handling the bankrupt exchange’s Chapter 11 case failed to demonstrate any significant change in circumstances that would render the final judgment in an SEC action inequitable, the agency said in a Wednesday filing in the US District Court for the Western District of Washington.
“Injunctions prohibiting future violations of specified provisions of the federal securities laws remain lawful,” the SEC said. “And any hardship ...
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Sam Bankman-Fried officially filed for a presidential pardon Monday, even as the White House pointed back to Trump’s January statement that he has no plans to grant one.
SBF Spent A Year Courting Trump On X And Got Nothing BackBankman-Fried submitted his application through the Justice Department’s Office of the Pardon Attorney, the standard federal channel used by thousands of people annually.
Over the past year, the 34-year-old has been active on X, publicly praising Trump’s actions including the pardon of former Honduran President Juan Orlando Hernández, in what appeared to be a deliberate effort to attract executive attention.
The strategy has not worked. Trump told the New York Times in January he had no plans to pardon Bankman-Fried.
When asked Monday about the formal filing, a White House spokesperson simply pointed back to those same January comments without offering anything new.
Bankman-Fried was convicted in 2023 on multiple fraud and conspiracy charges for stealing billions in customer funds from FTX.
He received a 25-year sentence in 2024 and currently sits at a low-security federal facility in Santa Barbara, California, while his conviction appeal remains active.
Drake Called For His Release, FTX Advisor Settled For $54MThe pardon filing comes amid broader FTX-related developments keeping the case in the news.
In May, rapper Drake demanded Bankman-Fried’s release in a track called “Dust” off his album “Iceman,” rapping references to the FTX penthouse and expressing direct support.
Around the same time, former FTX legal advisor Fenwick settled for $54 million over allegations the law firm aided and abetted the fraud.
Fenwick settled without admitting wrongdoing. A separate bid by Bankman-Fried for a new trial was dismissed by a judge who labeled the new evidence as “wildly conspiratorial.”
Why This Matters For Crypto MarketsA pardon would carry no direct price impact but holds symbolic weight for crypto regulation narratives.
Trump’s second term has already delivered the GENIUS Act, the Strategic Bitcoin Reserve, and the push for the CLARITY Act.
Granting clemency to the man who triggered the 2022 crypto winter would send a very different kind of signal.
Prediction markets are skeptical, with Polymarket giving a pardon before 2027 only a 13% chance.
Image: Shutterstock
Market News and Data brought to you by Benzinga APIs
Sam Bankman-Fried (SBF) push for a presidential pardon is facing fresh criticism, with a former prison bunkmate claiming the ex-FTX CEO has never accepted responsibility for the collapse of his crypto empire.
SBF is currently serving a 25-year prison sentence for his role in the FTX scandal, but continues to appeal his conviction. He recently said he would “absolutely” welcome a pardon from President Donald Trump.
Cell-inmate Lashes Sam Bankman-Fried on Pardon ClaimsThe latest criticism came from Michael Avenatti, who says he shared a prison unit with SBF.
In a series of posts on X, Avenatti claimed he repeatedly urged the former FTX CEO to acknowledge his mistakes, but SBF refused.
Sam Bankman-Fried and I were prison bunkmates and I know him well. So I read this with more context than most.
Sam and I argued more than once about the same thing: his refusal to accept ANY responsibility for what he did. Not once did he admit he’d done anything wrong — even… https://t.co/7FHJelX1gx
— Michael Avenatti (@MichaelAvenatti) June 8, 2026 “Not once did he admit he’d done anything wrong,” Avenatti wrote, adding that redemption starts with accepting responsibility. He argued that someone who cannot admit wrongdoing does not deserve a pardon.
Interestingly, Avenatti also praised Bankman-Fried’s intelligence, calling him a technology visionary. However, he argued that SBF had “zero business” running a multibillion-dollar company and let his ego prevent him from bringing in experienced leadership.
According to Avenatti, if SBF had hired “an actual adult in the room” and listened to experienced executives, he might still be free today and potentially worth close to $100 billion.
He compared SBF to Google founders Larry Page and Sergey Brin, who brought in former CEO Eric Schmidt to help scale the company. In Avenatti’s view, successful entrepreneurs recognize what they don’t know and surround themselves with people who do.
Trump Has Already Weighed InIn January, Trump told The New York Times he has “no intention of pardoning” Sam Bankman-Fried.So far, SBF is not among the people Trump has publicly indicated he may consider for clemency.Trump has issued more than 1,400 pardons and commutations during his second term.More than 1,200 of those were tied to January 6 cases.By comparison, Trump granted 238 pardons and commutations during his entire first term.SBF Continues to Fight BackDespite the criticism and Trump’s previous denial, Bankman-Fried continues to maintain his innocence. In recent comments, he argued that he did not commit fraud and claimed FTX customers were ultimately repaid.
Critics, however, continue to point to the commingling of customer funds and the collapse of FTX as the central reasons behind his conviction, making any potential pardon highly controversial.
Story Ends Here
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The disgraced FTX founder, serving a 25-year prison sentence for a multi-count fraud conviction, has filed his first formal post-sentencing legal move requesting a Trump pardon.
Posted June 9, 2026 at 5:56 am EST.
Sam Bankman-Fried, the disgraced FTX founder serving a 25-year prison sentence, has officially filed a request for a presidential pardon with the Trump White House, according to a Monday court filing first reported by CoinDesk.
The petition is Bankman-Fried’s first publicly disclosed post-sentencing legal move. He was convicted in November 2023 on seven counts, including two counts of wire fraud, two counts of wire fraud conspiracy, conspiracy to commit money laundering, conspiracy to commit securities fraud, and conspiracy to commit commodities fraud. Judge Lewis Kaplan sentenced him in March 2024 to 25 years in federal prison, ordering forfeiture of approximately $11 billion in assets. Bankman-Fried is currently held at FCI Terminal Island in California after being transferred from a Brooklyn detention facility.
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The pardon request lands during a period of unusually active presidential clemency activity around crypto figures. President Trump pardoned Silk Road founder Ross Ulbricht in January 2025, fulfilling a 2024 campaign promise. He has also issued clemency or signaled openness toward additional crypto-related cases, including the BitMEX founders. Bankman-Fried’s family has reportedly retained Republican-aligned lobbyists in recent months. His father, Joseph Bankman, and mother, Barbara Fried, both Stanford law professors, have publicly advocated for sentencing reform and reduced terms for non-violent financial crimes.
Bankman-Fried’s case differs structurally from Ulbricht’s. The FTX collapse caused roughly $8 billion in customer losses, with funds traced through Alameda Research used for political donations, real estate, sports sponsorships, and venture investments. The sentencing judge cited Bankman-Fried’s “exceptional flexibility with the truth” during trial testimony as an aggravating factor. By contrast, Ulbricht’s case involved a marketplace facilitating illegal drug sales but no direct misappropriation of customer assets.
The political dimension is real. Bankman-Fried was a major Democratic donor before his arrest, having contributed approximately $40 million to Democratic candidates and PACs during the 2022 cycle.
He also testified in early 2024 about additional planned Republican donations he had concealed at the time. Whether the Trump administration’s crypto-friendly stance extends to pardoning the figure responsible for the industry’s most damaging fraud will be a test of where the boundaries fall. No timeline has been set for a White House response.
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Analyst: Micron's earnings boost overall market sentiment for the tech sector
Chris Strazzeri, Financial Trading Manager of Moomoo’s Australia and New Zealand branch, stated: “The targeted sell-off indicates that following a sustained, strong rally in AI-related and speculative growth stocks, investors are enforcing strict valuation discipline. This serves as a warning to the market that actual earnings levels must now rise to support the currently overvalued price-to-earnings ratio. Micron Technology’s post-market earnings results largely confirm this, and its robust performance has lifted overall market sentiment in the tech sector.”
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Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.
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Japan and South Korea's stock markets closed higher across the board, with Japan's stock market hitting a new closing high.
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A federal appeals court has firmly rejected efforts by Sam Bankman-Fried, the disgraced founder and former chief executive officer of the collapsed cryptocurrency exchange platform FTX, to secure a new trial. The ruling, issued on June 12, 2026, by a three-judge panel of the US Court of Appeals for the Second Circuit in New York, upholds Bankman-Fried’s 2023 convictions on multiple fraud and conspiracy charges, along with his 25-year prison sentence.
The decision affirms that the original trial proceedings were fair and that the evidence presented against the onetime crypto billionaire was overwhelmingly strong.
Bankman-Fried had argued that restrictions imposed by the trial judge prevented him from fully presenting his defense, particularly claims that he intended to repay customers and that investments made with diverted funds could have ultimately succeeded.
The appeals court dismissed these contentions, emphasizing that the government’s case demonstrated a clear pattern of misusing customer deposits.
FTX, once valued at billions of dollars and hailed as a major innovator in digital asset trading, imploded dramatically in November 2022 amid revelations of widespread mismanagement.
Prosecutors alleged that Bankman-Fried and his associates diverted roughly $8 billion in customer funds from the exchange to his affiliated trading firm, Alameda Research.
These funds were used for purposes ranging from covering trading losses and making political donations to funding personal luxuries and real estate purchases.
The scheme left customers unable to withdraw their assets during a liquidity crisis, triggering the platform’s bankruptcy.
During the 2023 trial in Manhattan federal court before Judge Lewis A. Kaplan, testimony from former close associates—including Caroline Ellison, Gary Wang, and Nishad Singh—painted a detailed picture of the fraud.
Cooperating witnesses described how Bankman-Fried directed the commingling of funds, falsification of records, and other deceptive practices while publicly assuring investors and users that their money was safe and segregated.
The jury deliberated briefly before convicting him on all seven counts, including wire fraud, securities fraud conspiracy, commodities fraud conspiracy, and money laundering conspiracy.
On appeal, Bankman-Fried’s legal team challenged various evidentiary rulings, jury instructions, and claims of judicial bias.
They contended that the defense was unfairly limited in arguing about the temporary nature of any shortfalls or Bankman-Fried’s reliance on legal advice.
The Second Circuit panel, in a unanimous opinion written by Circuit Judge Barrington D. Parker, rejected these arguments.
The court noted that even temporary misappropriation of customer funds constitutes fraud under federal law, regardless of any later intent or ability to repay.
It described the prosecution’s evidence as “robust” and found no basis to overturn the verdict or order a new proceeding.
The ruling also upholds the substantial $11 billion forfeiture order imposed alongside the prison term.
While bankruptcy proceedings have allowed for significant recoveries— with many customers receiving repayments often exceeding 100% of their claims through asset liquidations—the appeals court focused on the criminal liability established at trial.
This outcome narrows Bankman-Fried’s remaining legal options, which could include further appeals to the full Second Circuit or the U.S. Supreme Court. The decision underscores the accountability applied in some of these so-called white-collar crypto cases and seemingly provides closure for many affected by FTX’s downfall.
Analyst: Micron's earnings boost overall market sentiment for the tech sector
Chris Strazzeri, Financial Trading Manager of Moomoo’s Australia and New Zealand branch, stated: “The targeted sell-off indicates that following a sustained, strong rally in AI-related and speculative growth stocks, investors are enforcing strict valuation discipline. This serves as a warning to the market that actual earnings levels must now rise to support the currently overvalued price-to-earnings ratio. Micron Technology’s post-market earnings results largely confirm this, and its robust performance has lifted overall market sentiment in the tech sector.”
3 minutes ago
2x Leveraged Long DRAM ETF (RAM) Records $383 Million in Trading Volume on Its First Day of Listing
According to Bitget market data, the Roundhill T-REX 2X Long DRAM Daily Target ETF (Nasdaq ticker: RAM) officially launched trading yesterday. On its first trading day, the fund recorded a total turnover of $383 million, and rose 29.47% in after-hours U.S. stock trading to hit $30.8. Note: RAM’s underlying exposure covers companies engaged in memory-related technologies, including DRAM, NAND and storage solutions, targeting active traders seeking leveraged exposure to the memory chip theme and artificial intelligence infrastructure development.
3 minutes ago
BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.
BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.
3 minutes ago
Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.
Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.
3 minutes ago
Japan and South Korea's stock markets closed higher across the board, with Japan's stock market hitting a new closing high.
According to Bitget market data, the Nikkei 225 index closed up 3,191.37 points, or 4.61%, at 72,366.34 points on Thursday, June 25, hitting a new all-time closing high. South Korea’s KOSPI index rose 459.76 points (5.43%) to end at 8,930.78 points; SK Hynix surged 13% while Samsung Electronics gained more than 5%.
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A newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
According to monitoring by Onchain Lens, a newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
PANews, June 18 — Avalanche announced the formation of the Avalanche Payment Alliance, which already includes 28 institutions such as Franklin Templeton, VanEck, WisdomTree, Paxos, Rain, Kraken, Anchorage Digital, Axiym, Nonco, and Request Finance, covering settlement, stablecoins, foreign exchange, treasury management, and cross-border payments. Axiym has cumulatively processed over $1.4 billion in cross-border payments on Avalanche, serving more than 150 countries and 96 currencies; Tassat’s Lynq network has migrated to an Avalanche independent L1, bringing over $2.5 trillion in historical transaction records. The alliance aims to provide payment companies with integrated settlement and compliance infrastructure, enabling enterprises to efficiently move funds across approximately 22 billion payment endpoints, including bank accounts, cards, and digital wallets.
