KuCoin Labs, the investment and research branch of the globally recognized digital asset exchange KuCoin, has announced a strategic partnership with Coinweb, a leading innovator in Web3 technology. This collaboration marks a pivotal step towards mutual support and cooperation, aimed at nurturing the Web3 ecosystem to its full potential.
Central to this partnership is the integration between Coinweb Labs’ grant program and KuCoin Labs’ investment initiatives. Projects receiving grants from Coinweb Labs will now enjoy expedited access to investment and incubation opportunities from KuCoin Labs. Additionally, these projects will benefit from enhanced recommendations for listings on the KuCoin exchange. This streamlined process demonstrates both entities’ commitment to encouraging innovation and ensuring sustainable growth within the Web3 sphere.
Leaders Voice Commitment to Innovation and Growth Lou Yu, Head of KuCoin Labs, and Toby Gilbert, CEO and Coinweb’s co-founder, have expressed their enthusiasm for the partnership. Yu highlighted the importance of supporting projects that could transform the Web3 landscape, while Gilbert emphasized the partnership’s role in empowering emerging projects by simplifying access to investment opportunities and fostering innovation for sustainable ecosystem development.
The alliance with Coinweb underscores KuCoin Labs’ faith in Coinweb’s vision, technology, and the potential of its cross-chain computing platform. By facilitating the development and adoption of this platform, KuCoin Labs aims to attract developers, entrepreneurs, and projects to the Coinweb ecosystem, enriching it with diverse applications and services.
Looking ahead, KuCoin Labs is poised to influence the blockchain and decentralized technology landscape significantly and strategically. This approach aligns with KuCoin Labs’ mission to foster innovation, acceptance, and overall growth in the blockchain sector, further cementing its role as a key player in shaping the future of Web3 and blockchain technologies.
AUTHOR
Kester is an experienced freelance content writer. His focus is primarily on blockchain technology and cryptocurrency. One might even refer to him as a "blockchain enthusiast." He has been following advancements in the crypto and blockchain area for several years, researching and writing his insights in the media. In addition to being a skilled content writer, Mushumir is also knowledgeable in SEO and digital marketing. He aspires to succeed as a content creator in the digital realm, dealing with customers in the finance and tech industries to generate traffic through engaging taglines and content. Mushumir enjoys traveling, reading, and playing cricket when he is not writing. He now works as a news and article writer for BlockchainReporter.
In a significant move that marks the melding of cutting-edge Web3 solutions and interoperable blockchain infrastructure, THXNET., a pioneering entity in the Web3aaS (Web3 as a Service) sector, has unveiled a strategic partnership with Coinweb, a prominent layer 2 interoperability platform. This collaboration is poised to usher in a new era for the Web3 ecosystem, enhancing the transition of Web2 enterprises into the decentralized realm.
THXNET., recognized for its comprehensive Web3aaS Plug & Play Blockchain Network innovations, aligns its resources with Coinweb’s advanced technological framework. This partnership is fueled by a mutual commitment to improve blockchain interoperability and scalability, thereby facilitating a more seamless integration for businesses venturing into Web3.
The integration brings to the fore Coinweb’s remarkable features including Cross-Chain Token Issuance, Cross-Chain Routing, and Optimized Load Balancing which are essential for navigating the complex landscape of multiple Layer 1 blockchains. Furthermore, the collaboration introduces Enhanced Wallet Libraries, Reactive Cross-Chain Smart Contracts, and innovative solutions for Gas Fee Abstraction which are designed to reduce operational costs and enhance transaction efficiency.
Aro Kondo, Co-Founder and CEO of THXNET., expressed enthusiasm about the partnership: “We are absolutely thrilled to partner with Coinweb, a seasoned and reputable enterprise in the blockchain industry. This collaboration represents a significant stride towards our shared vision of fostering innovation and scalability within the Web3 space.”
Paving the Way for Innovation THXNET. has already demonstrated a significant impact within the blockchain arena, notably with the successful launch of its Layer 0 & Layer 1 Mainnets, establishment of over 136,000 unique wallets, and execution of 1.34 million transactions. The company’s engagement with entities like Urawa Reds football club and over 20 other partners underscores its influential role in transitioning from traditional Web2 frameworks to decentralized Web3 solutions.
Toby Gilbert, CEO of Coinweb, emphasized the importance of this strategic alliance, “We are excited to announce our integration with THXNET. This partnership represents a significant milestone in our journey to drive interoperability and scalability within the blockchain industry. By combining Coinweb’s advanced infrastructure with THXNET’.s innovative Web3 solutions, we will be able to speed up the creation of a much more advanced ecosystem of Web2 businesses converting to Web3.”
This partnership not only marks a pivotal moment for the Web3 community but also sets a precedent for future collaborations between tech innovators. The alliance will also include joint marketing initiatives, capitalizing on THXNET.’s vibrant community engagement strategies and Coinweb’s technological prowess. Positioned at the forefront of the Web3 revolution, THXNET. continues to champion the Web3aaS Plug & Play Blockchain Infrastructure, facilitating the seamless adoption of blockchain technologies among businesses.
Meanwhile, Coinweb stands as a testament to the evolving landscape of blockchain interoperability, with its Layer 2 protocol enhancing the connectivity and scalability of decentralized applications across diverse blockchains. As THXNET. and Coinweb embark on this collaborative journey, the future of Web3 appears increasingly promising, paving the way for a new wave of enterprise transformation and innovation within the digital ecosystem.
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Mushumir Butt is a seasoned crypto journalist with over three years of experience reporting on the world of blockchain and cryptocurrency. At Blockchain Reporter, he delivers insightful news, in‐depth project reviews, and precise price analysis and predictions. With a strong background in SEO and digital marketing, Mushumir excels at breaking down complex trends into clear, accessible content, ensuring readers stay ahead in the fast‐paced crypto space.
DeFi protocol Linear Finance faced a severe setback this Thursday as the company announced plans to cease operations. In an official X post on March 27, the entity made a ‘Notice of Closure’ announcement. The protocol’s native token LINA also crashed hard, extending weekly losses to nearly 70% amid the project encountering turbulent waters.
Linear Finance Issues ‘Notice Of Closure,’ Here’s Why In its recent X post, Linear Finance revealed that the tough decision to pull the plug is attributed to the firm’s financial struggles. Despite recurrent efforts to foster innovation and growth, the DeFi protocol has failed to generate sustainable returns.
As a direct response, the entity announced a ‘Notice of Closure,’ turning heads across the broader market. The announcement revealed that ‘outside of a brief period of profitability during its initial launch in 2019/20, the project has faced burgeoning financial challenges.’
DeFi Protocol Faces Setback As Functioning Model No Longer Available Initially, the project was funded via a combination of personal contributions by the project owner and token liquidations. However, Linear Finance announced that this model is no longer feasible. In turn, the company announced plans to end the run.
Meanwhile, it’s also worth pointing out the recent setback presented by Binance. The cryptocurrency exchange giant earlier announced plans to delist the LINA token, adding to its struggles. The DeFi entity revealed that the delisting saga chronicle on one of the top crypto exchanges slammed 65% of the coin’s market cap.
Keeping in mind the abovementioned setbacks, a ‘Notice of Closure’ was issued. The project’s key stakeholders also made a collective decision to wind down operations.
LINA Price Crashes As of press time, LINA price witnessed a 6% dip and exchanged hands at $0.0006215. The coin’s intraday low and high were $0.0006091 and $0.0009516, respectively.
Weekly and monthly charts for the token showcased a 67% and 72% crash, respectively. The bearish price movement comes primarily attributed to Binance’s delisting and Linear Finance pulling the plug on operations. Currently, crypto market participants continue to await further details on the matter.
Decentralized asset protocol Linear Finance has announced it will cease operations, citing prolonged financial difficulties and the impact of Binance delisting its native token.
In a statement shared on X, the Linear Finance team explained that despite years of development, their project failed to generate sustainable revenue.
The protocol saw a brief period of profitability following its 2019-2020 launch but struggled in subsequent years.
The final blow came when Binance announced the delisting of LINA, effective March 28, 2025. This triggered a sharp 65% decline in the token’s market capitalization, reducing Linear Finance’s remaining operational runway.
The project had been primarily funded through personal contributions from its founder and token liquidations, an unsustainable model that ultimately led to the decision to wind down operations.
“Our Operations Team will be in touch shortly with clear timelines and step-by-step instructions for users with active positions across our dApps,” the announcement stated.
‘Zero transparency’ Linear Finance criticized Binance’s decision, highlighting the exchange’s recent introduction of community-driven listing and delisting votes.
The team expressed frustration over what it described as a lack of transparency, stating, “There had been no vote, no warning, and zero transparency” regarding the removal of LINA and other tokens, including AERGO, AST, BURGER, and COMBO.
Linear Finance Responds to Binance's LINA Delisting
Today, we at Linear Finance were caught completely off guard by Binance’s decision to delist LINA effective March 28th. Like many others, we first learned of this development via an official blog post, with no prior warning or…
— Linear Finance (@LinearFinance) March 21, 2025 The LINA token has since experienced a significant decline, dropping 5% in the past 24 hours despite a 30% spike in trading volume, indicating heightened market activity.
Linear Finance’s shutdown follows recent turmoil in the decentralized exchange space, including Hyperliquid’s forced delisting of JELLY after a liquidity crisis.
The Linear Finance team thanked its community and partners, stating, “We deeply appreciate your belief in the vision of Linear Finance and wish you every success in the future.”
Linear Finance, operating within the DeFi sector, announced the suspension of its operations due to prolonged financial troubles. According to the company’s official statement on March 27, the inability to establish a sustainable revenue model and ongoing losses have led to the closure process. Immediately following the announcement, there was a significant drop in the price of the protocol’s native token, LINA, which lost nearly 70% of its value on a weekly basis, causing panic among investors. This development has triggered concerns about the potential risks in similar projects across the sector.
Long-Term Losses and Unsustainable ModelAlthough Linear Finance reported short-term profits during 2019/20, it later faced ongoing financial challenges. The company stated that its financing model lost sustainability due to both external market conditions and internal weaknesses. Initially, the project was supported by funds from the founding team and token sales, but over time, these revenues became insufficient to meet operational needs.
In the DeFi world, many protocols aim to serve users according to the principle of decentralization, making the sustainability of their revenue model crucial. The case of Linear Finance highlights how fragile this delicate balance can be. The company’s losses are attributed not only to external market conditions but also to strategic missteps. This underscores the necessity for DeFi projects to possess strong foundations in both technology and financial management.
Significant Value Loss for LINA TokenFollowing the announcement of the company’s closure, the price of the LINA token sharply declined. Weekly data indicates a drop of approximately 70%, leaving investors uneasy. This decline is influenced not only by the closure announcement but also by the delisting process on major exchanges like Binance. Some market observers suggest that the decline in LINA’s trading volume has made its removal from platforms inevitable.
This steep drop in token prices indicates a loss of trust in Linear Finance. It is noteworthy that investors are starting to adopt a cautious approach toward similar projects. Experts argue that such sudden value losses can also affect the general risk perception in the cryptocurrency market. The experience of Linear Finance clearly illustrates the critical importance of financial sustainability for both users and developers.
Industry stakeholders emphasize that DeFi projects require not only technological success but also solid financial planning. The recent increase in market volatility further highlights these fragile structures. The closure of Linear Finance has become a striking example that underscores this vulnerability.
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.
Key NotesLinear Finance is closing its operations owing to financial troubles.The LINA token was recently delisted by Binance.Linear Finance said that its financial model became unsustainable over time. Linear Finance, a decentralized protocol that enables the instant creation of synthetic assets, has officially announced its decision to cease operations.
This unexpected development has shocked the DeFi community, triggering a sharp sell-off in its native token, LINA, which has plummeted by 25% in the past 24 hours.
Notice of Closure
After careful consideration, Linear Finance has made the difficult decision to cease operations.
Despite our ongoing efforts to innovate and build throughout the years, the project has struggled to generate sustainable returns. Outside of a brief period of…
— Linear Finance (@LinearFinance) March 27, 2025 Meanwhile, according to the data from DefiLlama, the total value locked (TVL) of the protocol has crashed to a mere $79,521, significantly down from its peak levels above $32 million.
The Collapse of Linear Finance In an official statement, Linear Finance confirmed that it had struggled to generate sustainable returns over the years, despite an initial period of profitability following its launch in 2019-2020.
The project’s financial model, which relied on personal contributions from the project owner and token liquidations, became unsustainable over time.
The final blow came from Binance’s recent decision to delist the LINA token, which wiped out 65% of its market capitalization.
This delisting drastically reduced the project’s operational runway, leaving Linear Finance with no choice but to shut down.
Market Reaction and LINA’s Price Plunge Following the announcement, LINA’s price has taken a steep dive, currently trading at $0.0005036, marking a 25% decline in the last 24 hours, as per CoinMarketCap data.
The token’s market cap now stands at $5.03 million, while its 24-hour trading volume rose by 34.76% to $54 million, indicating panic-driven sell-offs.
Technical indicators signal further bearish momentum for LINA. The Relative Strength Index (RSI) is at 22.45, deep in the oversold territory, suggesting extreme selling pressure with little immediate signs of recovery.
The Bollinger Bands (BB) show that the price is close to the lower band ($0.00035), indicating strong downward momentum and a lack of buying interest at current levels.
A failure to hold above this lower BB could result in another massive dump for the LINA token.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Cryptocurrency News, News
A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.
If you’re thinking of launching your own token on Solana, Raydium LaunchLab could be a name to know. The platform promises simple no-code token creation with real DeFi juice. Whether you’re building a meme coin, a serious utility project, or just experimenting, LaunchLab aims to give you the tools (and curves) to make it happen. So, is it as good as it looks from the outside? Here’s what to know in 2026.
KEY TAKEAWAYS
➤ Raydium LaunchLab provides customizable token launches with features like bonding curves, vesting schedules, and integration with Raydium’s AMM.
➤ Unlike platforms such as Pump.fun and Pompom, LaunchLab supports multiple quote tokens (SOL, USDC, USDT, jitoSOL).
➤ LaunchLab enhances the Solana ecosystem by enabling token creation and liquidity integration.
In this guide:
What is LaunchLab?How does LaunchLab work?What are LaunchLab’s key features?Is there a LaunchLab airdrop?How is LaunchLab different from Pump.fun and Pompom?Why LaunchLab matters for SolanaWhat is LaunchLab?Built into the Raydium ecosystem, LaunchLab is a no-code, permissionless token launchpad that lets anyone create and launch a token in minutes.
LAUNCHLAB REWARD POOL IS GROWING 🪂
Throughout the past 2 weeks, we have allocated a total of 400,000 RAY to eligible LaunchLab users
Another 50,000 in RAY rewards is now available, this time with even more token creator rewards 🪂 pic.twitter.com/PdsjZZIG4z
— Raydium (@RaydiumProtocol) April 30, 2025 Think of it as a vending machine for tokens: you plug in your details, pick your bonding curve, set a few parameters, and your token goes live.
Did you know? A bonding curve is a mathematical pricing formula that determines how a token’s price increases as more of it gets bought. With LaunchLab, you can choose curves like linear, exponential, or logarithmic, meaning you control how price and demand interact right from the start.
It’s not just about launching. Once your token hits certain thresholds, LaunchLab connects it to real liquidity via Raydium’s AMM (automated market maker). That means your token can be bought and sold directly on Raydium, just like any major coin, without manual listings or middlemen.
Why was LaunchLab created?Before LaunchLab, launching a token meant losing sleep over smart contracts, begging for AMM listings, and hoping your liquidity pool didn’t get drained by snipers. It was technical, slow, and mostly built for developers, not creators.
Raydium built LaunchLab to change that and give every creator a chance to launch with full control, smart liquidity flows, and pricing curves to match their project’s vibe.
Raydium LaunchLab interface: RaydiumWhether you’re testing an idea or building a movement, Raydium LaunchLab makes it feel native — because that’s what it is.
How does LaunchLab work?So, how does Raydium LaunchLab actually work behind the scenes? The good news is that you don’t need to be a dev. Here’s a quick example of the token creation process.
To create a token on LaunchLab you must:
• Pick a launch mode
• Enter token details
• Hit launch
Step 1: Pick your launch modeYou’ll start by choosing between two modes:
JustSendIt – for folks who want to go live now, with minimal fuss. LaunchLab Mode – for those who want customization: bonding curve shape, token supply, fees, vesting, etc. Token creation method one: LaunchLabStep 2: Enter your token detailsThis is your token’s bio. You name it, assign a symbol, upload a logo if you like, and set the total supply. Then, you decide what % you want to sell to the public.
There’s a minimum raise target (e.g., 30 SOL), and you decide the bonding curve logic.
You can choose from the following bonding curve logics:
Linear: Price rises steadily. Exponential: Starts low, then shoots up — great for rewarding early buyers. Logarithmic: Price climbs fast early, then slows — good for smoothing late entries Note: This curve becomes your token’s pricing engine during the launch window.
Token creation method two: LaunchLabStep 3: Hit launch, and optionally, be firstOnce you hit launch, anyone can start buying tokens along the curve. But LaunchLab gives you a cool option: you can make the first buy yourself. That stops bots and snipers from messing up your initial momentum.
Step 4: Automatic liquidity kick-inOnce the raise hits your predefined goal (let’s say 85 SOL), LaunchLab automatically pushes your token and the collected SOL into a liquidity pool on Raydium’s AMM. It even burns the LP tokens, so the liquidity is locked. You can’t pull it, and neither can anyone else.
Step 5: Earn from trading feesHere’s the kicker. If you enable creator fee share, you earn 10% of all LP trading fees from that pool. You get an NFT (“fee key”) that proves you’re the creator, and yep, that NFT is the key to claiming those earnings.
That’s it. From token creation to price logic and real, functioning liquidity in one smooth workflow.
Additional token creation details: LaunchLabWhat are LaunchLab’s key features?You’ve seen the workflow. Now let’s talk about what makes Raydium LaunchLab not just functional, but also powerful.
These features are designed to help you launch like a pro, even if it’s your first time deploying a token.
Full customization with Bonding curves & capsYou’re not locked into one-size-fits-all logic. LaunchLab lets you shape how your token behaves, starting with your bonding curve (linear, exponential, or logarithmic) and ending with your raise cap. So whether you’re rewarding early buyers or trying to maintain price stability, you get to call the shots.
Built-in liquidity via Raydium’s AMMOnce your raise completes, LaunchLab pushes your token and funds into Raydium’s AMM automatically, something we mentioned earlier while discussing the platform’s modus operandi.
Did you know? Many launch platforms rely on manual liquidity adds or third-party DEX listings. LaunchLab skips that entirely by integrating with Raydium, one of Solana’s top AMMs.
Enable Creator Fee Share, and you earn 10% of all trading fees from your token’s AMM pool. You’ll receive a unique Fee Key NFT, which acts like a revenue pass. As long as it’s in your wallet, you can earn from every trade your community makes.
Support for multiple quote tokensYou’re not limited to SOL. With Raydium LaunchLab, you can set your raise in SOL, USDC, USDT, or jitoSOL, depending on what fits your strategy or audience best.
Did you know? jitoSOL is a liquid staking token built on Solana by Jito Labs. Jito Labs, the team behind jitoSOL, is one of the key players in Solana’s infrastructure scene. The team is known for building tools that optimize staking, validator performance, and MEV (Maximal Extractable Value) solutions — basically helping Solana run faster, fairer, and more efficiently.
Vesting & token unlock optionsIf your project isn’t just a meme (and you’re thinking long-term), LaunchLab has you covered. You can set up vesting schedules, delayed unlocks, and custom distribution plans — all without writing a single line of code.
JustSendIt mode for one-click launchesWant to skip all the custom options? Use JustSendIt Mode, set the basics, and go live in minutes. Perfect for meme coins, experiments, or fast-moving trends.
Is there a LaunchLab airdrop?Be honest; you were hoping for some alpha here, right? So far, there’s no official LaunchLab token, but there have been whispers.
The Raydium team recently dropped a tweet with an airdrop emoji, and the community’s been speculating ever since. So, while there’s nothing confirmed, if you’re interacting with Raydium LaunchLab now, you might be early.
RAY REWARDS FOR TRADERS AND CREATORS 🪂
Traded OR launched a LaunchLab or @bonk_fun token?
Rewards are claimable for eligible participants
More trades AND more tokens launched = better odds 🪂
And yes, another 50,000 $RAY has been added to the prize pool.
Run it back! pic.twitter.com/8dDjYRRyff
— Raydium (@RaydiumProtocol) April 29, 2025 It’s also worth noting that there’s already a referral rewards program tied to LaunchLab launches. Share a project and if someone swaps through your link, you get 0.1% of that volume airdropped directly in SOL. Not a massive bag — but it’s clean, real, and instant. So, no token drop (yet), but definitely a few perks floating around.
How is LaunchLab different from Pump.fun and Pompom?At first glance, all three might look like token launch platforms riding the same meme wave. But dig a little deeper, and it’s clear that Raydium LaunchLab plays a different game. Here is a quick comparison table to validate that notion.
FeatureRaydium LaunchLabPump.funPompomCustomization levelHigh: bonding curves, vesting, multiple token pairsLow: one-click, minimal setupMinima: meme-first, visual-firstLiquidity handlingAuto-migrated to Raydium AMM with LP burnInitially Raydium, now uses PumpSwapNo direct AMM integrationSupported quote tokensSOL, USDC, USDT, jitoSOLSOL onlyMostly SOLPost-launch toolsFee share via NFT, locked liquidityNone (highly experimental)Basic trading, no fee-sharingIdeal forBuilders, long-term projects, serious launchesFast meme coins, viral dropsMeme vibes, visual discovery, and rapid spin-upsWhy LaunchLab matters for SolanaRaydium LaunchLab isn’t just another Solana token launch platform; it’s an infrastructure layer that makes token creation, liquidity, and discovery feel native. By combining deep AMM integration with permissionless tools and bonding curve logic, it helps creators and strengthens Solana’s DeFi flywheel. Whether you’re shipping a meme or a serious project, LaunchLab brings long-term mechanics to what used to be short-term hype.
While it might just be the right time to start exploring it in depth, it’s important to proceed with caution, particularly if you’re looking at investing in LaunchLab-made meme coins. Be wary of scams and fishing links and prioritize safety whenever interacting in such new, decentralized spaces.
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The Dogecoin supply has risen steadily over the years, given that there is no limit to how many tokens that could be mined. This infinite number has often worked against the digital asset, as the constant rise in supply has affected the ability of demand to stay ahead. Now, again, even more tokens are about to be sent into circulation, causing the Dogecoin supply to rise once more.
Dogecoin Linear Unlocks in 7 Days Reporter Wu Blockchain took to X to share information on massive token unlocks that are coming into the market. Among the most notable ones is Dogecoin, which is seeing a large amount of tokens that are going to be unlocked over a period of seven days.
According to the report, a total of 96.52 million Dogecoin tokens are expected to be unlocked during this one week period, starting on Monday. Token Unlocks data shows that $3.41 million worth of DOGE are expected to be unlocked daily, which works out to approximately 14 million tokens being released everyday.
By the time the unlocks are done, the Dogecoin supply would have grown around 0.06%. While this figure does seem insignificant compared to the already massive DOGE supply, the news could still have an impact on the meme coin’s price. As $22.75 million in total is being circulated into the market, it could trigger selling pressure, which could lead to a temporary correction in the Dogecoin price.
Nevertheless, the Dogecoin price has shaken off the first batch of release and continues to trade high as bulls are still maintaining support above $0.22. If buying pressure continues to be high, then it is possible that the market absorbs the DOGE token unlocks without any noticeable impact on price.
Other Token Unlocks To Watch Out For Besides the Dogecoin linear unlocks, there are also other tokens seeing a notable number of tokens being either cliff or linearly unlocked. The likes of Aptos, Avalanche, and Arbitrum are all seeing unlocks crossing $30 million in value. These unlocks are being done on a cliff basis. Other ones include $10.30 million in MELANIA tokens, further threatening the TRUMP-adjacent token that has done nothing but crash since its release.
Source: X When it comes to linear unlocks, the highest one is coming from Solana, with 455,770 SOL worth $81.84 million being released in seven days. Worldcoin’s 37.23 million tokens worth $48.02 million comes in second, and Celeste’s 6.96 million tokens worth $22.48 million comes third. Dogecoin is a close fourth with its $22.75 million figure.
DOGE struggles to stay ahead of bears | Source: DOGEUSDT on TradingView.com Featured image from Dall.E, chart from TradingView.com
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Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.
PANews reported on August 15th that, according to The Block , crypto derivatives exchange Deribit announced it will launch USDC -settled linear options and futures contracts on Bitcoin ( BTC ) and Ethereum ( ETH ) on August 19th , further expanding its stablecoin-settled product line. The new contracts will have a minimum order size of 0.01 BTC and 0.1 ETH , enhancing trading accessibility. Deribit launched USDC -settled linear options on Solana , Polygon , and XRP last year, but has since delisted the existing MATIC options. Deribit cited growing demand for stablecoin-settled derivatives from both institutional and retail investors as the catalyst for this expansion. The exchange, which recently was acquired by Coinbase for approximately $ 2.9 billion, saw trading volume exceed $ 185 billion this month.
The long-awaited Linea airdrop is fast approaching, with the launch date set on September 10, 2025. Around 9.36 billion LINEA tokens will be distributed to over 749,000 eligible wallets. This will kickstart a major milestone for ConsenSys’ Ethereum Layer-2 project. While the crypto community is looking on, the question at hand is, what would be LINEA price when it finally hits the market? Even though numbers cannot be accurately predicted at this point, various factors could likely influence the Linea token launch price.
Why Linea Airdrop Matters Linea token airdrop is approaching, as Linea is in the spotlight as a zk-rollup solution designed to scale up Ethereum, making it faster, cheaper, and easier for developers. The crypto project carries instant credibility in the Ethereum ecosystem, for being backed by ConsenSys, the team behind Infura and MetaMask. Linea promises to address the often spike in gas fees during busy periods by offering quicker transactions and lower fees. This positions it as a strong player in the race to Ethereum scalability.
Five weeks ago, Ethereum celebrated 10 years of zero downtime. Next week, LINEA becomes the most significant token to enter the ecosystem since ETH itself.
The eligibility checker is now live ahead of the September 10 TGE.
Check yours at https://t.co/GDV3kRe0Kf pic.twitter.com/emB8WlqCNF
— Linea.eth (@LineaBuild) September 3, 2025
Linea token airdrop
The team has made it clear that the Linea airdrop launch is not just a reward for early users, but is also designed to start Linea’s token economy. As the 90-day Linea airdrop window opens, the token launch is expected to stir excitement across trading and DeFi communities, just like other high-profile rollups.
What’s the Buzz on Price? We can get a glimpse of what the launch price will look like, given that LINEA is already having pre-market sessions like now on top exchanges such as Kucoin and MEXC. The token reportedly experiences price swings, trading from as high as $0.11 to as low as $0.00017. It is currently settling at around $0.03. Such a scenario is common in a typical pre-market environment because of low liquidity and scarce information. Most moves come from speculation rather than solid fundamentals.
LINEA 7-Day Pre-Market Price Chart (Source: Kucoin) According to analysts, the token’s price at launch could be somewhere between $0.02 and $0.05, based on an initial circulating supply of 15.8 billion tokens (about 22% of the 72 billion total). Still, launches of crypto airdrops can be notoriously unpredictable, so sharp pumps or steep drops are both on the table.
What Will Shape Linea Launch Price? Several key factors will likely decide where the price lands on launch day, amidst the Linea airdrop:
Airdrop Dynamics – 9.63 billion tokens are expected to be unlocked and dropped immediately into wallets. There’s a likelihood that some holders will quickly cash out, pulling down the price. However, if enough of them hold onto their tokens, the market will remain stable. Market Sentiment – The overall crypto sentiment is positive right now, even though the Fear and Greed Index is neutral at 41. Ethereum price is holding around $4,300, and the talk of potential U.S. Fed’s rate cuts is fueling more liquidity in the market. This creates a supportive environment for the launch. Linea’s Traction – Currently, Linea has a total value locked (TVL) of $1.28 billion and over 200 million transactions, according to DefiLlama. This positions it as one of the leading Layer 2 projects. Often, strong adoption translates into strong demand. Exchange Listings – Should top crypto exchanges like Big names like Binance or Coinbase list LINEA, could experience a fast increase in liquidity and trading volume. This could push prices upwards. Final Thoughts Where the LINEA price lands on day one will come down to how many airdrop recipients cash out versus how many new buyers step in. By gradually unlocking the remaining 78% of tokens, it could keep prices in check. Not unless its adoption increases and demand outpaces supply.
Either way, the September 10 launch is a milestone not just for Linea but for Ethereum scaling as a whole, and the crypto world will be watching closely.
Frequently Asked Questions (FAQs)
The Linea token airdrop is set for September 10, 2025, with 9.36 billion tokens distributed.
Analysts estimate between $0.02–$0.05, but sharp volatility is likely.
Airdrop sell-offs, exchange listings, market sentiment, and adoption levels.
The U.S. Fed is expected to cut interest rates on Sept. 17, 2025. Large-scale token unlocks can result in downward pressure on crypto markets. Linear unlocks distribute tokens gradually over a pre-set time; cliff unlocks happen immediately. With certainty that the U.S. Federal Reserve will cut interest rates this week, crypto markets have begun to see bullish inflows ahead of the decision, which is expected on Sept. 17.
However, this market uptick may have some challenges, at least in the short term, as around $800 million worth of token unlocks are set to flood the markets over the next seven days.
This could place significant downward pressure on the market as recipients offload their tokens during the market highs.
Upcoming Linear Unlocks According to Tokenomist, the following altcoins will be gradually releasing tokens onto the market over the coming week.
Leading this week’s linear unlocks is Solana (SOL), which will unlock 502.930 SOL worth $120.7 million, or 0.09% of its circulating supply.
Up next is Worldcoin (WLD) with a linear release of 37.23 million tokens worth $59.93 million.
The Official Trump (TRUMP) token will be releasing 4.89 million worth $41.72 million.
Other notable linear unlocks include:
Dogecoin (DOGE) 96.54 million (0.06% of circ. supply) – $26.68 million. Story (IP) 2.32 million (0.73% of circ. supply) – $22.87 million. Avalanche (AVAX) 699,850 (0.14% of circ. supply) – $19.98. Upcoming Cliff Unlocks As per Tokenomist data, roughly $410.5 million in cliff unlocks are set to take place over the next week.
Narrowly taking the top spot is Fasttoken (FTN), which will unlock 2.08% of its supply and drop 20 million tokens worth $89.6 million on Sept. 18.
Next up is Optimism (OP), which has a large release set for Sept. 21, in which it will drop 116 million OP worth roughly $88.4 million, unlocking 6.89% of its supply.
LayerZero (ZRO) is set to unlock 8.53% of its supply, 25.71 million ZRO worth $49.62 million, on Sept. 25.
Other notable cliff unlocks include:
Velo (VELO) 3 billion (13.63% of circ. supply) – $46.96 million. Arbitrum (ARB) 92.65 million (2.03% of circ. supply) – $46.18 million. Sei (SEI) 55.56 million (1.18% of circ. supply) – $18.42 million. Recommended Secure Partners
Eddie is a gaming and crypto writer at CCN. Covering the often weird and wonderful world of Web3 with an adoring, but skeptical eye.
Prior to CCN, Eddie has spent the past seven years working his way through the crypto, finance, and technology industry. He began with PR and journalism with Bitcoin PR Buzz and BitcoinNews.com, eventually working his way to become a copywriter with a dozen firms, including the likes of Polkadot before returning to journalism in 2023.
Having studied Radio production and journalism at University in the UK, Eddie spent a few years making podcasts and presenting on a local London radio station as he built up his writing chops.
A lifelong skateboarder, Eddie can often be found at the skatepark or touring the streets looking for something new to try. That, or kicking back playing JRPGs on his original PSP.
According to an official announcement, OKX will launch spot trading for CARDS (Collector Crypt) today. CARDS deposits will open at 18:00 UTC+8 on June 25, pre-ordering for the CARDS/USDT trading pair will run from 19:00 to 20:00 UTC+8, spot trading will officially commence at 20:00 UTC+8, and withdrawal functions will be available at 22:00 UTC+8.
4 minutes ago
Iran's Revolutionary Guards Corps warned that any vessels using the Strait of Hormuz route without Tehran's approval will be targeted.
Iran's Islamic Revolutionary Guard Corps (IRGC) issued a stern warning to international shipping on Wednesday, stating that any new shipping route through the Strait of Hormuz established without coordination with Tehran is unacceptable and dangerous, and threatening to take direct action against vessels that ignore its orders. The IRGC declared that vessels can only safely transit the Strait of Hormuz via routes designated by Iran. The IRGC Navy added that all vessels seeking to transit the strait must coordinate with the Iranian military via International Maritime Distress and Safety Frequency Channel 16, a requirement that effectively places Iranian military approval at the core of all commercial shipping transiting this key chokepoint. (Jinshi)
4 minutes ago
A crypto whale holding 120,000 ETH long positions has an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, a whale holding 120,000 ETH in long positions added $8 million in margin in the early hours. Currently, the total unrealized loss on its ETH long positions across four linked addresses stands at approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the significant paper losses, there remains a large buffer before liquidation, and over 6 million USDC is still held on-chain to replenish margin, resulting in low short-term liquidation risk.
4 minutes ago
A crypto whale holding 120,000 ETH long positions is sitting on an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, the whale holding a long position of 120,000 ETH added $8 million in margin again in the early hours. Currently, the ETH long positions across its four associated addresses have accumulated an unrealized loss of approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the massive unrealized loss, there is still a significant buffer before liquidation, and over 6 million USDC are still held on-chain to supplement margin, leading to low short-term liquidation risk.
4 minutes ago
Ripple's stablecoin RLUSD approved to enter Japanese market
According to official announcements, Ripple’s stablecoin RLUSD has been officially approved by Japan’s Financial Services Agency (JFSA) and launched in Japan. Through a partnership with SBI Group and its subsidiary trading platform VCTRADE, RLUSD will be accessible to institutional and retail users for use in scenarios including payments, asset tokenization, and collateral management.
4 minutes ago
WSJ: CoinEx Linked to Iran-Related Cryptocurrency Fund Flows
According to a Wall Street Journal report, since 2019, wallets linked to Iran have transferred over $3.84 billion in assets via cryptocurrency exchange CoinEx. On-chain data shows that CoinEx’s custodial wallet received crypto proceeds from hacks tied to Iran’s central bank, and conducted direct transactions with accounts previously designated by U.S. officials as belonging to Iran’s Islamic Revolutionary Guard Corps. Additionally, in 2024, CoinEx replaced Binance to become the largest overseas counterparty for Iranian exchange Nobitex, with the two parties recording over $763 million in fund flows last year. Between 2022 and 2025, CoinEx’s custodial wallet also processed transactions involving individuals suspected of participating in the sanctioned Iranian oil sales network.
TLDRWeakness in Entertainment and Linear NetworksDisney Stock Drops to $107.30 After Q4 ResultsGet 3 Free Stock Ebooks Disney stock dropped 8% after mixed fourth-quarter earnings. The company reported revenue of $22.5 billion, missing Wall Street’s $22.83 billion estimate. A 6% decline in Disney’s entertainment division contributed to the revenue miss. Linear network revenue fell by $107 million compared to the same quarter in 2024. Operating income dropped 21% due to weaker ad spending and declining viewership. Disney stock (NYSE: DIS) fell by 8% on Thursday, November 13, following the company’s mixed fourth-quarter earnings results. The company reported revenue of $22.5 billion, which missed Wall Street’s estimate of $22.83 billion. A 6% drop in its entertainment division largely caused the revenue shortfall.
Weakness in Entertainment and Linear Networks The decline in Disney’s entertainment division contributed to lower revenue for the quarter. This drop included a $107 million decrease in linear network revenue compared to the same quarter in 2024. Operating income for the quarter also fell by 21%, reflecting weaker ad spending and lower viewership.
In addition, Disney’s domestic TV networks saw a decrease in advertising revenue. This was due to weaker viewership and a $40 million loss in political ad spending compared to last year. Moreover, the company’s theatrical performance continued to underperform, further pressuring its earnings.
Disney Stock Drops to $107.30 After Q4 Results Despite weaker overall revenue, Disney’s streaming business showed strong growth. Disney+ added 3.8 million new subscribers in the fourth quarter, contributing to a $352 million profit from its direct-to-consumer segment. This segment, which includes Disney+ and Hulu, saw a profit increase from $253 million last year.
Disney’s experiences division, which includes theme parks and resorts, posted a 6% year-over-year revenue increase for Q4. However, results fell short of analysts’ expectations. Full-year operating income for the division rose by 13%, and the company expects profit growth in the high single digits next year.
The Walt Disney Company, DIS
Disney stock traded at $107.30 at the time of writing, down from the previous close of $116.65. The company is targeting $375 million in profit for the first quarter of fiscal 2026. Disney also plans to merge its streaming platforms next year after achieving $1.33 billion in full-year streaming operating income.
According to an official announcement, OKX will launch spot trading for CARDS (Collector Crypt) today. CARDS deposits will open at 18:00 UTC+8 on June 25, pre-ordering for the CARDS/USDT trading pair will run from 19:00 to 20:00 UTC+8, spot trading will officially commence at 20:00 UTC+8, and withdrawal functions will be available at 22:00 UTC+8.
4 minutes ago
Iran's Revolutionary Guards Corps warned that any vessels using the Strait of Hormuz route without Tehran's approval will be targeted.
Iran's Islamic Revolutionary Guard Corps (IRGC) issued a stern warning to international shipping on Wednesday, stating that any new shipping route through the Strait of Hormuz established without coordination with Tehran is unacceptable and dangerous, and threatening to take direct action against vessels that ignore its orders. The IRGC declared that vessels can only safely transit the Strait of Hormuz via routes designated by Iran. The IRGC Navy added that all vessels seeking to transit the strait must coordinate with the Iranian military via International Maritime Distress and Safety Frequency Channel 16, a requirement that effectively places Iranian military approval at the core of all commercial shipping transiting this key chokepoint. (Jinshi)
4 minutes ago
A crypto whale holding 120,000 ETH long positions has an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, a whale holding 120,000 ETH in long positions added $8 million in margin in the early hours. Currently, the total unrealized loss on its ETH long positions across four linked addresses stands at approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the significant paper losses, there remains a large buffer before liquidation, and over 6 million USDC is still held on-chain to replenish margin, resulting in low short-term liquidation risk.
4 minutes ago
A crypto whale holding 120,000 ETH long positions is sitting on an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, the whale holding a long position of 120,000 ETH added $8 million in margin again in the early hours. Currently, the ETH long positions across its four associated addresses have accumulated an unrealized loss of approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the massive unrealized loss, there is still a significant buffer before liquidation, and over 6 million USDC are still held on-chain to supplement margin, leading to low short-term liquidation risk.
4 minutes ago
Ripple's stablecoin RLUSD approved to enter Japanese market
According to official announcements, Ripple’s stablecoin RLUSD has been officially approved by Japan’s Financial Services Agency (JFSA) and launched in Japan. Through a partnership with SBI Group and its subsidiary trading platform VCTRADE, RLUSD will be accessible to institutional and retail users for use in scenarios including payments, asset tokenization, and collateral management.
4 minutes ago
WSJ: CoinEx Linked to Iran-Related Cryptocurrency Fund Flows
According to a Wall Street Journal report, since 2019, wallets linked to Iran have transferred over $3.84 billion in assets via cryptocurrency exchange CoinEx. On-chain data shows that CoinEx’s custodial wallet received crypto proceeds from hacks tied to Iran’s central bank, and conducted direct transactions with accounts previously designated by U.S. officials as belonging to Iran’s Islamic Revolutionary Guard Corps. Additionally, in 2024, CoinEx replaced Binance to become the largest overseas counterparty for Iranian exchange Nobitex, with the two parties recording over $763 million in fund flows last year. Between 2022 and 2025, CoinEx’s custodial wallet also processed transactions involving individuals suspected of participating in the sanctioned Iranian oil sales network.
While XRP has struggled with the rest of the crypto market, analyst EGRAG shows its linear regression model still points to bullish long-term targets.
Specifically, after a strong showing in July 2025, when it rallied by an impressive 35% to cross the $3 mark, XRP slipped into a bearish position the following months, collapsing by as much as 8.15% in August to lose the $3 mark. Despite a slight 2.55% recovery in September, XRP has maintained a downward trend since then.
Today, the crypto asset is down nearly 45% from its July 2025 peak, currently trading for $2.02, as the bears battle to flip the $2 level from support to resistance. Despite this recent downtrend, EGRAG Crypto has maintained his long-term bullish stance, as he continues to take data from chart structures.
XRP’s Interaction with the Regression Channel This time, the market analyst called attention to XRP’s long-term linear regression channel on a logarithmic scale. For the uninitiated, a linear regression channel is a trading tool that uses price data to draw a straight trend line showing the overall direction of the market.
It then places two parallel lines above and below that trend at equal distances, often based on price volatility. Notably, the center line shows the market’s average value, while the upper and lower lines serve as moving resistance and support levels.
Notably, data from EGRAG’s monthly chart shows that XRP slipped below the lower trendline of the channel during the contagion from the Terra collapse in May 2022 and remained underneath the channel until November 2024, when the Trump-led rally pushed prices toward $2.
XRP Regression Channel | EGRAG Crypto XRP slipped into the channel in December 2024 and January 2025. However, with the retracement in February 2025 and the price struggles throughout this year, XRP has again slipped below the lower trendline, currently battling to re-enter the channel.
Three Important XRP Price Levels According to EGRAG, there are three important price targets for XRP if the crypto asset overcomes bearish pressure and pushes into the linear regression channel. Notably, each price target aligns with a level within the regression channel.
Specifically, the first price level sits around the January 2025 high of $3.4, aligning with the lower trendline. EGRAG referred to the $3.4 mark as the mean reversion, noting that if XRP ever attempts to claim this area but faces rejection, this will represent one of its strongest bearish indicators. However, if XRP closes above this region, it will have entered bullish territory.
Meanwhile, the next price level rests on $10, representing the upper midline or two standard deviations above the regression midline (+2D). EGRAG believes XRP would witness full expansion at this point. Nonetheless, he confirmed that the price level in this area typically rises due to the logarithmic nature of the chart.
Importantly, the most bullish level is around $27, which marks the top of the channel. This area represents a 1,236% increase from XRP’s current price. According to EGRAG, several long-term confluences also lead to this $27. Last month, he suggested that XRP could follow two paths from the prevailing position, but both paths would still lead to the $27 price.
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.
According to an official announcement, OKX will launch spot trading for CARDS (Collector Crypt) today. CARDS deposits will open at 18:00 UTC+8 on June 25, pre-ordering for the CARDS/USDT trading pair will run from 19:00 to 20:00 UTC+8, spot trading will officially commence at 20:00 UTC+8, and withdrawal functions will be available at 22:00 UTC+8.
4 minutes ago
Iran's Revolutionary Guards Corps warned that any vessels using the Strait of Hormuz route without Tehran's approval will be targeted.
Iran's Islamic Revolutionary Guard Corps (IRGC) issued a stern warning to international shipping on Wednesday, stating that any new shipping route through the Strait of Hormuz established without coordination with Tehran is unacceptable and dangerous, and threatening to take direct action against vessels that ignore its orders. The IRGC declared that vessels can only safely transit the Strait of Hormuz via routes designated by Iran. The IRGC Navy added that all vessels seeking to transit the strait must coordinate with the Iranian military via International Maritime Distress and Safety Frequency Channel 16, a requirement that effectively places Iranian military approval at the core of all commercial shipping transiting this key chokepoint. (Jinshi)
4 minutes ago
A crypto whale holding 120,000 ETH long positions has an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, a whale holding 120,000 ETH in long positions added $8 million in margin in the early hours. Currently, the total unrealized loss on its ETH long positions across four linked addresses stands at approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the significant paper losses, there remains a large buffer before liquidation, and over 6 million USDC is still held on-chain to replenish margin, resulting in low short-term liquidation risk.
4 minutes ago
A crypto whale holding 120,000 ETH long positions is sitting on an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, the whale holding a long position of 120,000 ETH added $8 million in margin again in the early hours. Currently, the ETH long positions across its four associated addresses have accumulated an unrealized loss of approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the massive unrealized loss, there is still a significant buffer before liquidation, and over 6 million USDC are still held on-chain to supplement margin, leading to low short-term liquidation risk.
4 minutes ago
Ripple's stablecoin RLUSD approved to enter Japanese market
According to official announcements, Ripple’s stablecoin RLUSD has been officially approved by Japan’s Financial Services Agency (JFSA) and launched in Japan. Through a partnership with SBI Group and its subsidiary trading platform VCTRADE, RLUSD will be accessible to institutional and retail users for use in scenarios including payments, asset tokenization, and collateral management.
4 minutes ago
WSJ: CoinEx Linked to Iran-Related Cryptocurrency Fund Flows
According to a Wall Street Journal report, since 2019, wallets linked to Iran have transferred over $3.84 billion in assets via cryptocurrency exchange CoinEx. On-chain data shows that CoinEx’s custodial wallet received crypto proceeds from hacks tied to Iran’s central bank, and conducted direct transactions with accounts previously designated by U.S. officials as belonging to Iran’s Islamic Revolutionary Guard Corps. Additionally, in 2024, CoinEx replaced Binance to become the largest overseas counterparty for Iranian exchange Nobitex, with the two parties recording over $763 million in fund flows last year. Between 2022 and 2025, CoinEx’s custodial wallet also processed transactions involving individuals suspected of participating in the sanctioned Iranian oil sales network.
TLDR HYPE leads cliff token unlocks with $304.84M in value, releasing 9.92M tokens at 1.21% of adjusted released supply. BERA will unlock 43.08% of its adjusted supply, totaling 65.66M tokens worth $30.27M. RAIN tops linear token unlocks with 9.41B tokens releasing, valued at $91.44M, or 2.77% of circulating supply. SOL’s linear unlock totals $48.24M, with 0.08% of circulating supply affected. The total value of cliff and linear crypto token unlocks for the week surpasses $638 million. Between February 2 and February 9, crypto token unlocks will exceed $638 million in combined market value. The scheduled token unlocks fall under two categories: large cliff unlocks and large linear unlocks, each impacting token circulation differently. Tokenomist reports that all listed unlocks, taken individually, exceed $5 million in released value.
Cliff Token Unlocks Hit $394M Led by HYPE and BERA HYPE will release 9.92 million tokens valued at $304.84 million, accounting for 1.21% of its adjusted released supply. This represents the highest-value cliff unlock in the period, despite a relatively low percentage of total supply.
XDC will unlock 841.18 million tokens, worth $30.55 million, equating to 5% of its adjusted released supply. BERA will see 65.66 million tokens unlocked, worth $30.27 million, which represents 43.08% of its adjusted supply.
ENA follows with 212.50 million tokens unlocked, valued at $29.02 million, which equals 2.87% of its supply. These cliff-based crypto token unlocks can increase available supply quickly, possibly affecting token liquidity and volatility.
RAIN Tops Linear Token Unlocks with $91M Token Release In the linear token unlocks category, RAIN will unlock 9.41 billion tokens worth $91.44 million, covering 2.77% of the circulating supply. SOL will release 479,120 tokens valued at $48.24 million, representing only 0.08% of its circulating supply.
The token CC will unlock 191.71 million tokens, valued at $33.93 million, equal to 0.51% of its supply. TRUMP will unlock 6.33 million tokens worth $26.14 million, which accounts for 2.83% of the circulating supply. RIVER’s unlock totals 1.25 million tokens worth $19.25 million, reflecting 6.38% of its circulating supply.
WLD will release 37.23 million tokens, valued at $14.58 million, representing 1.34% of its circulating supply. DOGE will unlock 96.59 million tokens, valued at $10.08 million, representing only 0.06% of its circulating supply.
PANews reported on March 5th that OpenAI has open-sourced the Symphony framework (project preview) on GitHub, aiming to transform project tasks into automated execution processes. This framework can monitor task dashboards such as Linear in real time and generate AI agents to complete coding, CI testing, and code review as needed, ultimately achieving secure merging of pull requests.
The project is currently in the engineering preview stage and is released under the Apache 2.0 license. The Symphony core is written in the Elixir language and provides a complete specification to support multi-language implementations. Its goal is to shift developers' focus from supervised agents to higher-level task management.
Crypto markets consolidating today; Bitcoin takes a breath, LTC back up, XRP, EOS and Tezos retreating. Market Wrap Crypto markets have remained in consolidation for the past 24 hours. Very little movement has occurred on most of the majors as Bitcoin shows no direction at the moment. Total market capitalization remains around $285 billion this Wednesday morning.
Bitcoin peaked at $9,250 yesterday but failed to hold that level, sliding just below $9k three times in the past 12 hours. It did recover back above it every time though and is currently sitting at $9,150. With heavy resistance above $9.5k and a new support zone at $8.7k BTC could consolidate here for a while.
Ethereum is still stagnant, dropping back below $270 again in a downside correction. The next key support level is $260 and a fall through this could lead to larger losses for ETH. Without any clear fundamentals it is hard to see where else it can go in the short term.
Altcoin Outlook Red dominates the top ten during today’s Asian trading session. XRP could not hold on to its gains despite the big partnership announcement and has fallen back over 3 percent to $0.43. Bitcoin Cash, EOS and Stellar are shedding a similar amount as altcoins remain weak. Only Litecoin and Binance Coin are in the green, but only just as these two continue to hold strong.
The top twenty outlook is also mixed but most crypto assets remain flat for another day. Ethereum Classic and Tezos are the only two that have really moved in the past 24 hours and both are falling back. Zcash is making a comeback and is about to flip NEM for that 20th spot as ZEC grabs 8 percent on the day.
FOMO: Insight Chain Cranks The pump of the day has gone to INB which has spiked 85 percent to reach $0.34. There does not appear to be anything obvious fundamentally driving this EOS based blockchain project. Nearly all of the volume is on one exchange, Livecoin, indicating that the pump is probably manipulated.
Ardor is doing well today with a climb of 26 percent and privacy based Zcoin is third with a 16 percent gain on the day. At the red end of the top one hundred is Aurora which probably isn’t worth mentioning any more. Zilliqa and Chainlink are also dumping over 7 percent each.
Total market cap 24 hours. Coinmarketcap.com Total crypto market capitalization has not really changed much over the past day. It is back to yesterday’s level of $284 billion with a daily volume of $54 billion which has fallen significantly this week. Altcoins are still largely frozen as Bitcoin continues to dominate, still commanding over 57 percent of the market.
Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
Crypto markets remain sideways; Only Bitcoin has moved, XLM and BNB dropping, Monero rising slowly. Market Wrap Crypto markets have inched backup a little today as Bitcoin makes another push towards resistance in the mid $9.5ks. BTC is still clearly in the driving seat and altcoin gains are marginal in comparison. Total market capitalization is back above $285 billion and heading towards a new 2019 high.
Following a day or two of consolidation Bitcoin broke out again in a one hour spike sending it to an intraday high of $9,350. Since then gains have held as BTC hovers around its highest price for over a year. A huge wall of resistance lies just above this level so further consolidation here is likely for the coming days.
Ethereum has done nothing again, not even getting a gain off Bitcoin’s 2 percent pump. ETH remains stagnant below $270 and further losses appear imminent. There is still support at $260 which is holding but there has been very little momentum for Ethereum all week.
Altcoin Outlook The crypto top ten has done very little over the past 24 hours with most coins moving less than a percent in either direction. The biggest movement has come from Stellar dropping another 2 percent and looking extremely weak. BNB is also down by a similar amount.
Very little is going on in the top twenty during Asian trading today. Monero is the only altcoin gaining as it makes 3 percent to top $100. Losing 3 percent are Cosmos and NEO. Tezos has now dropped out of the top twenty dumping another 4 percent today.
FOMO: MaidSafeCoin Making It There are no major pumps going on at the moment but the top performing altcoin in the top one hundred is MAID getting 13 percent. Nothing much is driving it aside from the usual anti Facebook rhetoric that everyone in crypto already knows.
6/ Remember Cambridge Analytica! You can’t trust #Facebook with your data, why trust them with your money…
— Autonomi (@WithAutonomi) June 19, 2019
Egretia is the second best performer grabbing 8 percent today. Getting dumped is yesterday’s fake pump, Insight Chain, as INB drops 12 percent. Ardor is also falling back hard with a 7 percent loss on the day.
Total market capitalization 24 hours. Coinmarketcap.com Total crypto market capitalization has increased by $2 billion or so on the day. This is pretty much all Bitcoin as the daddy drives markets to $288 billion. BTC dominance is still over 57 percent as the altcoins remain asleep for now.
Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
Poloniex plans to shift the majority of its crypto trading operations offshore, according to parent company Circle. The move comes amidst regulatory uncertainty and pressure in the US, which lacks a clear legal framework or guidance for cryptocurrency-related businesses or crypto investors.
Circle CEO Jeremy Allaire says that 70% of Poloniex users are not based in the US, prompting the move to another jurisdiction. Allaire says Poloniex has already secured its Digital Assets Business Act license to operate in Bermuda, reports Coindesk.
Says Allaire,
“The lack of regulatory frameworks significantly limits what can be offered to individuals and businesses in the US.”
In May, the Delaware-based exchange stopped offering nine coins for its customers in the US due to regulatory uncertainty: Ardor (ARDR), Bytecoin (BCN), Decred (DCR), GameCredits (GAME), Gas (GAS), Lisk (LSK), Nxt (NXT), Omni Layer (OMNI) and Augur (REP).
The CEO also confirmed that the company’s recent downsizing, eliminating roughly 30 employees, was partly due to the lack of clarity from US lawmakers. The company’s current focus is global and getting beyond the US bottleneck.
“It took a long time working with the Bermuda government and the Bermuda Monetary Authority.”
“The project to establish a new international operations hub for our market, exchange and wallet services, was a major project.”
The move will also allow Poloniex to explore being able to offer financial services, adding that users could expect to see more “yield-generating crypto accounts.”
Poloniex ranks in the top 100 crypto exchanges in the world with a 24-hour trading volume of roughly $16 million, according to data compiled by CoinMarketCap. It is also listed among Messari’s Real 10 Volume index reflecting legitimate trading volumes from leading industry players.
In the wake of last week’s two congressional hearings on Facebook’s upcoming digital asset Libra, crypto insiders are assessing the highly critical response from US lawmakers who are determined to halt the project in its tracks. The hearings sparked an intense debate about Bitcoin, cryptocurrencies and new corporate digital assets that are all vying for a place in the digital economy.
Politicians have not yet figured out a way to deal with emerging blockchain technology and the many products and services currently in development to bring more financial inclusion for people all around the world. The threat of digital assets lowering costs, rivaling existing infrastructure and challenging the traditional banking and monetary systems has prompted many prominent politicians, including Maxine Waters and Brad Sherman, to demand a moratorium on Libra.
As for Bitcoin, the decentralized system cannot be halted or stopped by any central authority or government.
With many altcoins struggling gruesomely and Bitcoin rapidly usurping almost 70% of the total crypto market cap, some crypto analysts have predicted that there will not be another altcoin season until 2020.
Today’s market, however, may be an indication that it is time for a new altcoin season.
The world’s largest cryptocurrency by market cap, Bitcoin, is recording losses of around 1 to 2% on the day with its price falling to below $10,000. Typically, a declining BTC price also means significant losses for other cryptocurrencies. However, today seems to be an exception, as many altcoin markets are moving in the opposite direction, posting 1 to 2-digit gains.
Bullish Altcoins Although major coins like Ether, XRP and LTC are being affected by the Bitcoin decline, let’s look at some of the other alternative cryptocurrencies that are performing remarkably well today.
Leading the pack is Wanchain (WAN) with a massive 72% gain against the dollar and a 75% gain against BTC on the day. At the time of writing, the coin was trading at $0.4696, with a 24-hour volume and market cap of $63,674,780 and $49,858,746, respectively.
WAN is the native currency of the Wanchain blockchain, an infrastructure that aims to connect the decentralized financial worlds with features such as cross-chain interoperability, privacy, and smart contract functionality.
Wanchain has made a lot of progress since the start of this year, and the project launched its mainnet yesterday ahead of the official activation of its Proof of Stake consensus protocol on September 3rd.
You may also like: Binance Makes a New Push to Secure EU Approval Pushing Back at Reuters: Inside Binance’s Fight for Its European Future Analyst Identifies 3 Altcoin Sectors Positioned to Survive Market Shakeout Factom (FCT), ranked #96 on CoinMarketCap, saw a 17.5% increase against the dollar and a 19.03% rise against Bitcoin. Its price is now above $4.18 for the first time in the last seven days.
Following the same bullish pattern are Zilliqa (ZIL), Siacoin (SC), ICON (ICX), Ardor (ARDR), 0x (ZRX), and Ravencoin (RVN) and others, with gains of between 7 to 17% in today’s trading session.
Although Bitcoin still comprises 68.4% of the total market cap, do these altcoins’ fresh bull runs give a glimpse of the start of a new altcoin season?
Unlike other industries, the crypto world is a very transparent one. As its core philosophy comes from the most popular blockchain-based projects such as Bitcoin and Ethereum, it’s no wonder that these projects are being developed in such open communities. Anyone willing to participate can join and propose their improvements and upgrades for networks. This was, after all, the vision of Satoshi, the original Bitcoin developer, who wanted complete transparency for blockchain technologies. In addition to the publicly available code, many crypto and blockchain projects have public ledgers of all their transactions along with whitepaper documents with detailed descriptions of their projects.
All this transparency is necessary since many projects are getting funding for development by conducting initial coin offerings (ICO). That means that somebody has to invest based only on ideas or by looking at a minimum viable product (MVP). After fundraising, projects have to continue informing their investors about their progress and maintain a good reputation.
Various crypto ratings to inform youAs an individual, it can be difficult to keep track of all projects out there, but luckily there are a lot of crypto rating sites that can help you make a decision on whether to buy or sell the various projects’ tokens.
Source: weisscrypto.com
One of the most famous ratings platforms is Weiss Crypto Rating, a reputable agency providing ratings for stocks and other assets on a global scale. They started to publish crypto ratings at the end of 2017 and currently they have 125 coins and tokens in their ratings.
Another well-known rating report is published by China’s Center for Information and Industry Development. It features 35 coins, with EOS leading the pack. Nobody knows their criteria, but some projects get a lower basic-tech score despite being more advanced than the other projects getting a higher score.
We can’t overlook Xangle, a disclosure platform for retail and institutional players. It contains information about listings, partnerships, new updates, and it gathers on-chain data from all available blockchains. It’s entrusted by such exchanges as Bithumb, and it has the reputation of keeping an unbiased stance toward all projects, so it’s a mark of high quality when any project gets a high score.
One of such projects is Max Crowdfund, which got a perfect score of 63/63 recently, being the first project to achieve this on Xangle. It scored so high because of their complete transparency, providing all information about their finances, management, and working practices.
“We wish that all companies would provide information so openly and transparently. Max Property Group should be the benchmark for disclosure in the blockchain space,” says Hae Min Park, Managing Director of Xangle.
Source: xangle.io
To provide such information, the team at Max Property Group had to go through a due-diligence process by Xangle. As a result, the Due Diligence Report will be available to all Xangle-partnered exchanges, which will help the project in the listing process.
There are several reputable projects reviewed by Xangle, such as Ardor, Aeternity, IOTA, Binance Coin, and Bancor, but none of them achieved a perfect score yet, unlike Max Crowdfund. With such a high score the company has set the bar very high, and it is to be seen whether other companies will follow this exemplary way of providing an insight in their operations and finances.
Two useful trading techniques that have become popular in the cryptocurrency space recently are staking and lending.
Today, my goal is to discuss the difference between staking and lending and how you can use these techniques to adapt your trading strategy depending on your risk/reward profile.
Essentially, while staking helps to secure the network and in turn pays users with newly minted coins, lending allows users to lock up their coins and receive an interest payment.
I cannot say one strategy is better than the other, as it depends on what type of investor you are.
If you like to directly participate in a protocol, perhaps staking is more your thing, while if you’re simply looking to get an interest payment, lending could be the right choice for you.
Similarly, if you consider giving up control of your coins too risky no matter what, then you may think neither strategy is worthwhile. It’s completely up to you, and you should always do your own research and make sure you’re comfortable with your level of risk/reward when trading.
As always, the views in this article should not be considered financial advisement.
Staking coins What are some of the best coins for cryptocurrency staking? Learn about staking #NavCoin, #Pivx, #Komodo, #Decred, and more at https://t.co/LMASrGgayY #Staking #Crypto #ProofOfStake pic.twitter.com/z7sSKCd15u
— Switchain (@switchaindotcom) October 21, 2019
Although there’s a bunch of Proof-of-Stake (PoS) protocols available – like Ardor, Dash, or EOS – I will instead focus on which exchanges, preferably non-custodial, allow users to stake coins directly.
The first I’ll discuss is IDEX.
IDEX, as the name indicates, is a decentralised exchange where users own their private-public key pairs. To trade, users sign transactions using interfaces such as MetaMask.
IDEX also incorporates the AURA token – the exchange’s native currency – which encourages users to stake the coin and help support the network. The AURA token enables stakers to earn a share of fees generated by IDEX and other Aurora products.
By staking AURA, node operators will be rewarded proportionately to their percentage stake, and 50% of fees have been allocated to be paid to AURA stakers. Traders will also be able to utilise the Boreal coin as a payment option for trading fees or as a stable base currency.
The second exchange worth mentioning is Switchain.
Switchain is an instant non-custodial cryptocurrency exchange with a user-friendly platform that makes trading crypto easy and fast.
Switchain works with different cryptocurrency trading partners to guarantee the best cryptocurrency rates for its clients.
An important partner I would like to mention is Exodus, one of the most widely used crypto wallets. By integrating Switchain’s fixed rate API, users of Exodus wallets have been able to exchange crypto assets with a single click.
Switchain works in a non-custodial manner, and the wallet creates an exchange on behalf of the user. The user sends the coins and receives the exchanged asset instantly.
Lending coins If you hold different crypto-assets, then you can make them work for you in a high-interest account. Companies like BlockFi and Celsius Network provide a simple way to earn up to 10% interest on your crypto-assets per annum.
You have to read the fine print and do your own research as there are many different companies around offering to pay interest on different cryptocurrencies. Be sure you know the lock-up period (if any) and what rates you get on each coin.
Celsius won’t pay you 10% interest on your BTC, for example. But they will give you somewhere between 4-5% depending on how much you hold with them. If you want to earn the big interest rates, you could consider purchasing a stablecoin like TRUEUSD or Gemini Dollar with your fiat and holding there rather than with a bank.
At the end of the day, with all these solutions, you have to give up custody of your coins. If that’s not a problem for you, earning some additional benefits on your crypto makes a lot of sense. If you’re a firm believer that you should retain your private keys at all times, you may be better off simply HODLing after all.
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.
After the price of Bitcoin spiked in December 2017, the mantra for 2018 was “blockchain, not Bitcoin.” Industry pundits looked to enterprise adoption as the means of recovering the value in cryptocurrencies. During 2019, as blockchain entered the Gartner hype cycle “trough of disillusionment,” the focus shifted to the original use case – cryptocurrencies. The increasing availability of regulated derivatives via exchanges such as CME and Bakkt started to pique institutional interest.
Now, it seems that the pendulum is due to swing back to enterprise adoption in 2020. Even so soon into the new year, there have been several developments that indicate this could be the case. Tradelens, the blockchain platform developed by IBM and deployed by Maersk to manage its global shipping logistics, has made two significant strides. Firstly, the Port of Oman, the biggest in the Middle East, is now on board, joining over 100 others on the platform that manages more than 10 million shipping events each week. The value of Tradelens is proving so vital to the global shipping sector that US regulators have now given the nod to certain carriers co-operating on the system without the oversight of the Federal Maritime Commission.
The blockchain in telecoms market is also poised for significant growth over the coming years. A recently released market research report predicts that blockchain in telecoms will increase at a rate of over 80 percent CAGR between now and 2026.
Moves by industry players appear to be justifying this prediction. For example, telecoms giant Telefonica recently partnered with the Spanish Association of Science and Technology Parks to give around 8,000 firms access to its Hyperledger blockchain platform. Firms can experiment with the technology and issuing their own tokens.
“Big Tech Battle” for Enterprise Clients
Global consulting and research firm Everest Group is evidently predicting a surge in enterprise adoption. The company has published an in-depth report assessing twelve different blockchain-as-a-service providers in terms of their readiness for an upcoming “adoption wave.”
With a title making reference to the “Big-tech Battle,” it’s perhaps no surprise that big names such as IBM, AWS, and Alibaba Cloud appear among the twelve. However, Everest Group has also included Ardor, the open-source blockchain platform operated by Jelurida, which also operates Nxt and Ignis.
The executive summary of the report groups each participant into one of four categories, including leaders, niche, nascent providers, and visionaries. It puts Jelurida into the latter group. The report also mentions that Ardor is easy to use, which perhaps justifies its inclusion when other more well-known public blockchains such as EOS or Ethereum weren’t mentioned. After all, barriers to entry is one of the biggest challenges facing enterprise blockchain adoption, particularly for smaller companies.
Examining the trends in blockchain, it seems justified that we can expect that a surge on enterprise adoption is on its way. After all, the ICO boom saw a vast amount of hype, which was never going to sustain the industry by itself. Many predicted that 2019 would see a renewed focus on building, with the hashtag #BUIDL signifying the momentum on development.
It’s now to be expected that 2020 would see the results of those efforts, meaning blockchain is now in a better state of enterprise readiness for 2020. Of the many use cases for blockchain touted throughout 2018, it seems inevitable that some of them will now start to bear the fruit that was initially promised
Introduction In the evolving landscape of cryptocurrency wallets, finding the right tool to securely manage your digital assets can be daunting. Ardor Wallet is a reliable option for users seeking a combination of security, functionality, and ease of use. This Ardor review provides a comprehensive analysis of the wallet, covering its features, security aspects, user experience, and more, helping you decide if it’s the right choice for you in 2025.
What is Ardor Wallet? Ardor is a cryptocurrency wallet designed to facilitate the secure storage, management, and transaction of digital assets. It is part of the Ardor blockchain ecosystem, which is known for its parent-child chain architecture, offering scalable and flexible blockchain solutions. Ardor supports various cryptocurrencies, providing users with a versatile tool for their crypto needs.
Why Choose Ardor Wallet? Ardor stands out for several reasons:
Security: Implements advanced security measures to protect users’ assets. User-Friendly Interface: Designed with ease of use in mind, making it accessible for beginners and advanced users alike. Versatility: Supports a wide range of cryptocurrencies. Integration with Ardor Blockchain: Seamlessly integrates with the Ardor blockchain, offering unique features and benefits. Ardor Wallet Team & History Ardor Wallet is developed and maintained by Jelurida, the team behind the Ardor and Nxt blockchain platforms. Founded in 2016, Jelurida is known for its expertise in blockchain technology and commitment to innovation. The team consists of experienced developers, blockchain experts, and security professionals dedicated to providing a robust and reliable wallet solution.
Key Features of Ardor Wallet Ardor comes with a plethora of features and offerings:
User-Friendly Design and Functionality Ardor Wallet offers an intuitive interface that simplifies cryptocurrency management. Key features include:
Easy Navigation: User-friendly menus and clear options make it easy to access various functions. Transaction History: Detailed transaction history for tracking your asset movements. Customizable Settings: Options to tailor the wallet experience to individual preferences. Detailed Product Specifications Ardor Wallet’s specifications include:
Compatibility: Available on multiple platforms, including web, mobile (iOS and Android), and desktop. Cryptocurrency Support: Supports a wide range of coins and tokens, including Ardor, Nxt, and other major cryptocurrencies. Backup & Recovery: Provides secure backup options and recovery processes to protect user funds. Security Aspects of Ardor Wallet Ensuring the security of digital assets is paramount for any cryptocurrency wallet. Ardor Wallet is designed with multiple layers of security to protect users’ funds and personal information. This section delves into the various security features and measures implemented by Ardor Wallet, including privacy measures, potential risks, code openness, and the processes for seed generation, backup, and storage.
Privacy & Security Measures Ardor employs robust security measures to ensure user privacy and asset protection:
Encryption: Data is encrypted to prevent unauthorized access. Two-Factor Authentication (2FA): Adds an extra layer of security for account access. Secure Communication: Utilizes secure protocols for data transmission. Potential Risks While Ardor Wallet offers strong security features, potential risks include:
Phishing Attacks: Users must be vigilant against phishing attempts targeting their credentials. Device Security: The security of the wallet is partly dependent on the security of the user’s device. Code Openness & Reproducibility Ardor Wallet’s code is open-source, allowing for transparency and community scrutiny. This openness ensures that the code can be reviewed, audited, and reproduced by developers, enhancing trust and security.
Seed Generation, Backup, and Storage The wallet provides a secure process for seed generation, backup, and storage:
Seed Phrase: Generates a secure seed phrase for wallet recovery. Backup Options: Encourages users to create multiple backups in secure locations. Offline Storage: Advises storing seed phrases offline to prevent digital theft. How Ardor Wallet Works Ardor provides a seamless and secure way to manage, trade, and store your cryptocurrencies. It offers a variety of functionalities designed to cater to both beginners and experienced users. In this section, we’ll explore how to buy, sell, and swap cryptocurrencies, the process of setting up the Ardor Wallet, and how to use both the app and hardware versions of the wallet.
Buying, Selling, and Swapping Cryptocurrencies Ardor Wallet integrates several features that allow users to manage their digital assets with ease:
1. Buying Cryptocurrencies Ardor Wallet partners with various exchange services, allowing users to purchase cryptocurrencies directly within the wallet interface. This feature streamlines the buying process, eliminating the need to transfer funds between different platforms.
Moreover, users can buy crypto using various payment methods, including credit/debit cards, bank transfers, and sometimes even PayPal, depending on the supported exchange. Here is the step-by-step process:
Navigate to the ‘Buy’ section in the wallet. Select the cryptocurrency you wish to purchase. Choose your preferred payment method. Enter the amount you want to buy. Confirm the transaction and complete the payment process. The purchased cryptocurrency will be credited to your wallet. 2. Selling Cryptocurrencies Similar to buying, selling cryptocurrencies through Ardor Wallet is straightforward. Users can sell their assets directly from the wallet to supported exchanges. Here is the step-by-step process to sell crypto using this wallet:
Go to the ‘Sell’ section in the wallet. Select the cryptocurrency you want to sell. Enter the amount you wish to sell. Confirm the transaction details. Complete the process, and the funds will be transferred to your linked bank account or payment method. 3. Swapping Cryptocurrencies Ardor Wallet supports instant cryptocurrency swaps, enabling users to exchange one cryptocurrency for another without leaving the wallet. The wallet supports a wide range of trading pairs, providing flexibility in asset management. Here is the step-by-step process:
Access the ‘Swap’ feature in the wallet. Choose the cryptocurrencies you wish to swap. Enter the amount to be swapped. Review the swap details, including fees and exchange rates. Confirm the swap to complete the transaction. Setting Up the Ardor Wallet Setting up Ardor Wallet is straightforward:
Download: Obtain the wallet from the official website or app store. Install: Follow the installation instructions for your device. Create Wallet: Generate a new wallet and secure your seed phrase. Fund Wallet: Transfer cryptocurrencies into your Ardor Wallet. Using Ardor Wallet App and Hardware Ardor Wallet provides both software (app) and hardware wallet options, each with its own set of features and benefits:
Software Wallet: Available as a web, mobile, and desktop application. Hardware Wallet: Provides an additional layer of security by storing private keys offline. Supported Cryptocurrencies Ardor Wallet supports a broad range of cryptocurrencies, providing versatility and flexibility for users. Supported coins include:
Ardor (ARDR) Nxt (NXT) Bitcoin (BTC) Ethereum (ETH) Major ERC-20 Tokens Design & Hardware Ardor Wallet’s design focuses on both aesthetic appeal and practical functionality:
Build Quality & Durability The hardware wallet is designed for durability, with robust materials ensuring long-term use. The build quality is superior, protecting against physical damage and wear:
Robust Construction: The hardware wallet is built with high-quality materials, ensuring durability and long-term use. Compact Design: It features a compact and portable design, making it easy to carry and store securely. Display Features The hardware wallet features a clear and responsive display, providing essential information such as balances and transaction details. The display is easy to read, even in various lighting conditions:
USB: Standard USB connection for secure transactions. Bluetooth: Wireless connectivity for added convenience. Interface & Ease of Use Ardor Wallet is designed with a focus on user experience, making it accessible and easy to navigate for users of all experience levels. The intuitive interface ensures that managing digital assets is straightforward and efficient.
User Experience with Ardor Wallet App and Hardware The interface is user-friendly, with intuitive navigation and clear instructions, making it accessible to users of all experience levels:
Seamless Transition: The user experience is consistent across both the mobile app and the hardware wallet. This means users who switch between the app and hardware wallet do not have to learn new interfaces or processes. Unified Interface: The interface design is unified across platforms, ensuring familiarity and ease of use whether you are using the mobile app or the hardware wallet. Compatibility & Connectivity Ardor Wallet is compatible with multiple devices and operating systems, ensuring wide accessibility. The wallet’s connectivity options provide flexibility for users to choose their preferred method.
What If I Lose the Ardor Wallet Device? In case of device loss, users can recover their assets using the secure seed phrase generated during the wallet setup. It’s crucial to store this seed phrase securely offline to ensure recovery.
Ardor Wallet Price Ardor offers competitive pricing for its hardware wallet, making it an affordable option for users seeking enhanced security. The software wallet is typically free to download and use.
Customer Reviews and Feedback User feedback on Ardor Wallet is generally positive, highlighting its security features, ease of use, and reliable performance. Some users have praised its integration with the Ardor blockchain and the support for various cryptocurrencies. The wallet app has a user rating of 4.8 out of 5.0 on Google Play.
Warranty and Support Ardor Wallet provides a warranty for its hardware wallet, covering manufacturing defects. The support team is responsive, offering assistance through various channels, including email, forums, and social media.
Comparing Ardor Wallet with Alternatives When evaluating the Ardor Wallet, it’s essential to compare it with other popular cryptocurrency wallets to understand its strengths and weaknesses. Below, we will explore how Ardor stacks up against some of its primary competitors.
Ardor Wallet Competitors Ardor Wallet faces competition from other popular wallets such as:
Ledger Nano S/X Trezor Trust Wallet Exodus Ardor Wallet stands out in several areas when compared to its competitors. Its user-friendly interface, robust security features, and support for both software and hardware versions make it a versatile choice for users of all levels. While it may not support as many cryptocurrencies as Ledger or Trezor, it still offers broad compatibility and a seamless user experience.
The addition of Bluetooth connectivity in its hardware version brings it on par with top-tier hardware wallets like Ledger Nano X. Ultimately, Ardor Wallet provides a balanced blend of security, functionality, and ease of use, making it a strong contender in the cryptocurrency wallet market.
Who Is This Wallet For? Ardor Wallet is suitable for a wide range of users:
Beginners: Easy-to-use interface and secure setup process. Advanced Users: Comprehensive features and robust security measures. Investors: Supports a variety of cryptocurrencies and offers integrated trading options. Conclusion: Is Ardor Wallet Right for You? Ardor Wallet is a versatile and secure option for managing cryptocurrencies. With its user-friendly design, robust security features, and support for a wide range of assets, it caters to both beginners and advanced users. If you are looking for a reliable wallet that integrates seamlessly with the Ardor blockchain, Ardor is an excellent choice.
Frequently Asked Questions What Coins Are Supported by Ardor Wallet? Ardor Wallet supports a variety of cryptocurrencies, including Ardor (ARDR), Nxt (NXT), Bitcoin (BTC), Ethereum (ETH), and major ERC-20 tokens.
What Happens If Ardor Goes Out of Business? If Ardor goes out of business, users can still access their funds through the seed phrase and potentially use other compatible wallets.
What Are The Disadvantages of Ardor Wallet? Potential disadvantages include the risk of phishing attacks and the dependence on the security of the user’s device.
Is Ardor Wallet A Hot Or Cold Wallet? Ardor Wallet offers both hot (software) and cold (hardware) wallet options, catering to different security needs.
Why You Can Trust Our Review? Our Ardor Wallet review is based on extensive research and analysis, considering user feedback, expert opinions, and firsthand experience with the wallet. We aim to provide an unbiased and comprehensive assessment to help you make an informed decision.
TLDRTechnical Breakout Fuels RallyKey Levels and Trading ConsiderationsMarket Context and Outlook Ardor (ARDR) price surged over 127% in the past week, reaching $0.1453 on April 16 Trading volume increased dramatically by 1,169%, reaching nearly $495 million About 89.46% ($177.5 million) of daily inflow comes from South Korean KRW trading pairs Market capitalization jumped to $141.22 million, moving ARDR into the top 250 cryptocurrencies The token broke through multiple resistance levels and is trading well above its 50-day EMA of $0.0657 Ardor (ARDR), a long-standing cryptocurrency project, has experienced a remarkable price surge over the past week. The digital asset jumped over 127% in seven days, with a single-day explosion of 130% on April 16, reaching $0.1453.
This price action has caught the attention of crypto traders and enthusiasts, making ARDR one of the top trending coins on CoinMarketCap.
The altcoin has seen its trading volume increase dramatically, with a 1,169% spike reaching nearly $495 million. This massive increase in volume has helped propel ARDR’s market capitalization to $141.22 million, elevating its position to among the top 250 cryptocurrencies globally.
What makes this price movement particularly interesting is the source of trading activity. Data shows that approximately 89.46% ($177.5 million) of the daily inflow comes from South Korean KRW trading pairs, suggesting strong regional interest in the token.
Technical Breakout Fuels Rally From a technical analysis perspective, ARDR has broken out from a long-term descending channel. The token has smashed through multiple resistance zones at $0.101 and $0.112, and now appears to be targeting higher levels around $0.140 and possibly $0.156.
Ardor Price on CoinGecko The price is trading well above its 50-day Exponential Moving Average (EMA) of $0.0657, indicating strong bullish momentum. This technical breakout has likely contributed to a short squeeze, forcing traders who were betting against ARDR to buy back their positions at higher prices.
Social media buzz and breakout discussions have further amplified interest in the token, creating a feedback loop of attention and price appreciation.
However, traders should note that the Relative Strength Index (RSI) is currently at 81.24, placing ARDR firmly in overbought territory. While this doesn’t guarantee an immediate reversal, it does suggest that some cooling off or consolidation may be likely in the near term.
Key Levels and Trading Considerations For traders looking at ARDR, several key price levels warrant attention. Support now sits at around $0.1277, which could provide an entry opportunity on a pullback. Resistance levels to watch include $0.1407 and $0.1565, where selling pressure might emerge.
The conversion of previous resistance levels into support zones confirms the strength of the current uptrend. However, chasing green candles at this stage carries risk.
Many experienced traders suggest waiting for a pullback toward the $0.127–$0.130 zone before considering entry. This area represents a previous consolidation level where fresh buyers may step in to support the price.
A potential trade setup might involve entering near $0.127 on a confirmed support bounce, targeting $0.156–$0.169, with a stop loss at $0.112 to manage risk.
Market Context and Outlook With a total supply of 998.46 million tokens, ARDR had previously been ranked 333rd by market capitalization at $91.43 million. The recent price surge has substantially improved its market position.
It’s worth noting that this is the first major price surge for ARDR since November 2024, making it difficult to predict short-term price action with certainty. The altcoin has demonstrated high volatility, and traders should approach with appropriate risk management.
If the current bullish sentiment persists, ARDR could potentially reach new multi-year highs. However, parabolic price movements rarely sustain indefinitely, and some form of correction or consolidation typically follows such explosive rallies.
New traders are advised to let the initial excitement settle and look for volume support before entering positions. Avoiding FOMO (fear of missing out) is crucial, as buying at local tops often leads to short-term losses.
For those monitoring the token, watching for RSI divergence or weakening volume while the price continues higher could provide early warning signs of momentum loss.
Ardor’s sudden return to prominence after years of relative quiet has certainly captured market attention. Whether this represents a temporary spike or the beginning of a more sustained rally remains to be seen, but the strength of the move suggests ARDR may remain on traders’ watchlists in the coming weeks.
Key NotesARDR price has surged over 100% to around $0.13 in just one day.24-hour trading volume spiked by 770%, reaching $547 million.Nearly 90% of inflows came via the KRW pair, hinting at possible bullish developments. Ardor ARDR $0.0246 24h volatility: 4.9% Market cap: $24.51 M Vol. 24h: $696.52 K has recently rallied over 100% in the past 24 hours to trade around $0.13. This explosive move has doubled its market cap to $140 million, pushing the altcoin to the 248th spot among the largest cryptocurrencies.
Notably, ARDR had been moving within a descending parallel channel since December 2024. However, since April 15, the chart has printed two massive green candles, signaling an abrupt break from months of bearish structure.
The altcoin has also seen a dramatic 770% rise in its 24-hour trading volume, currently at $547 million. As the broader crypto market largely recorded a slow motion, ARDR’s parabolic price movement led to curiosity across trading desks.
A Deeper Dive It is interesting to note that around 90% of the daily inflow was routed through the KRW trading pair. This has fueled speculations that a Korea-centric announcement or strategic partnership may be underway. However, no official confirmation has emerged yet.
Moreover, Binance recently added ARDR in its second batch of “Vote to Delist” tokens — a move that generally results in a price slump. However, the announcement appears to have ignited a defense from the community.
Many believe that the surge could be a coordinated effort by supporters to create a short-term demand shock and prevent the token’s removal from the exchange.
ARDR Price Outlook The latest ARDR price spike is its most aggressive move since November 2024, and while the momentum is undeniable, the sustainability remains under scrutiny.
Some market voices on X urge caution, recommending profit-booking to avoid potential FOMO-driven losses.
On the daily ARDR price chart, the RSI is around 81, deep into the overbought territory. While this shows strong buying pressure, it also raises concerns of a potential short-term pullback if bulls fail to maintain momentum.
Key immediate support lies around $0.10. A break below this could trigger further downside toward $0.08.
ARDR Price chart | Source: TradingView
Bollinger Bands are widely expanded, with the price currently riding well above the upper band. This signals heightened volatility and suggests that the price may soon revert toward the midline (20-day Simple Moving Average) at around $0.10 for consolidation.
ARDR Price chart | Source: TradingView
Meanwhile, the MACD has printed a bullish crossover, with both the MACD and Signal lines surging into positive territory. This supports continued bullish bias. However, traders should watch for a flattening or divergence, which could hint at weakening momentum.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
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A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.
Ardor leads April 16 gainers with a 131% surge, topping Binance-based altcoin activity. Utility and DeFi tokens like FUEL, SNT, and SPA see rising volumes on Gate.io and CoinEx. Altcoin market shifts as small to mid-cap tokens attract investor interest and trading volume. The crypto market experienced a mid- and low-cap tokens surge on April 16, with Ardor (ARDR) leading the day’s top gainers. According to Phoenix Group data, ARDR jumped 131.3% within 24 hours, closing at $0.14.
The price increase brought Ardor’s market capitalization to $141.4 million. Most of its trading volume was reported on Binance, where the token saw strong buyer activity. The move’s impact placed ARDR at the top of the leaderboard among altcoins, signaling a short-term shift in market positioning.
Fuel Network, Status, and Sperax Among Top Movers Following ARDR, Fuel Network (FUEL) posted the second-highest gain of the day with a 56.4% increase. FUEL traded at $0.01 by session close and reported a market capitalization of $61 million. Although it remained one of the lower-priced assets, the percentage change pushed it into the spotlight. The data indicates growing traction in microcap utility tokens.
Status (SNT) also posted a gain of 46.8%, followed by Sperax (SPA), which rose 41.4%. These assets, traded on Gate.io and CoinEx, demonstrated rising activity across DeFi-focused platforms. Their combined performance contributed to a lift in the utility token segment during the day’s trading session.
Pump.Fi and MANTRA Show Strong Closes Pump.Fi (PUMP) gained 31.2% to finish the day at $0.14. Its total market capitalization reached $40.2 million, placing it among the top five gainers by percentage and volume. The day’s price action for PUMP indicated a sharp increase in trading interest.
MANTRA (OM) rose by 25.6% and closed at $0.77. It closed the day with a market capitalization of $754911680, positioning it as the largest of the ten leading gainers. Although the actual percentage increase in OM was comparatively less than the companies mentioned earlier in the list, the actual increase in value coupled with a bigger market cap made it one of the highlights of the session.
GFI, SynFutures, and ARK Report Notable Rises Goldfinch (GFI) saw a daily increase of 24.4%, trading near its recent highs. SynFutures (F) followed with a 22.5% gain, despite having one of the lowest trading prices on the list at $0.01. ARK also posted a 22.4% increase, closing at $0.14 with a market capitalization of $96 million.
MyShell (SHELL) completed the day’s top ten with an 18.3% gain. The token traded at $0.06 and reached a market cap of $35.6 million. Binance held most of its trading volume, which was consistent with trends seen across other top gainers on the list.
Market Sentiment Shifts Toward Small-Cap Tokens The collective performance of these tokens on April 16 points to increased investor interest in small to mid-cap assets. While no single sector dominated the day’s gains, the list included a mix of utility tokens, infrastructure platforms, and DeFi projects.
This is a sign of increased trading traffic, especially on the less-known digital currencies and tokens. It means that capital is flowing into the altcoins market, and low-graded tokens are experiencing increasing trading volumes.
AUTHOR
Peter Mwangi is an accomplished crypto news writer with over three years of experience. He is recognized for producing insightful, well-researched content across major crypto publications. As an expert in blockchain technology, digital assets, and decentralized finance, he can uniquely simplify complex topics into engaging, accessible narratives. His strong storytelling and analytical skills, combined with a passion for continuous learning and collaboration, make him a valuable asset to the BlockchainReporter team.
In the volatile cryptocurrency market, DeFi Development Corp. has made a significant move in capital management. Renowned for its Solana $68 (SOL)-focused treasury model, the company recently announced a substantial expansion of its share buyback program. Previously authorized at $1 million, the buyback authorization has been increased to $100 million by the board of directors. This decision reflects the company’s confidence in its long-term strategy.
According to DeFi Development Corp., the company is authorized by the board to conduct share buybacks depending on market conditions. Following the initial purchase of $10 million, further updates will be provided to the board. The repurchased shares will either be canceled entirely or held in the treasury stock. This flexibility allows the company to implement more effective capital management in response to market fluctuations.
This step not only aims to increase shareholder value but also to support investor confidence in the digital asset sector, marked by uncertainties. The management highlighted that the timing and size of the buybacks could vary with market liquidity, corporate priorities, and overall conditions.
Market Outlook for SolanaDespite these positive steps, Solana’s price remains under short-term pressure. At the time of writing, SOL is trading at $205.50, having lost 2.29% in the past 24 hours and 17% over the last week. However, analysts remain optimistic about the long-term outlook. Market analyst Trader Tardigrade notes that Solana has been forming a massive Wyckoff reaccumulation pattern on the weekly chart, lasting over 640 days, which could potentially lead to a strong breakout.
Technically, the $120-$200 range is seen as support, while the $230-$240 region is considered a critical resistance zone. A weekly close above $240 could potentially open the doors for a move toward $300.
Despite the downturn in Solana’s value, institutional support remains significant. For instance, Binance Labs recently allocated a $50 million investment fund for DeFi projects, which plays a role in restoring confidence amidst market fluctuations. DeFi Development Corp.’s initiative could similarly bolster investors’ long-term perspectives.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
PANews reported on September 26th that, according to Blockworks , Genie founder Scott Gray launched the social trading app Share , securing $5 million in funding from investors including Coinbase Ventures , Collab+Currency , and Palm Tree Crypto. Share supports the three major public blockchains: Solana , Base , and Ethereum , providing real-time insights into users' on-chain transactions and allowing them to track wallets, view market trends, and trade tokens. Each wallet automatically generates a Share profile, allowing users to link multiple wallets and Farcaster accounts. Share will compete with similar products like Fomo and the social features of giants like Robinhood and Coinbase.
DeFi Development Corp. has announced a strategic collaboration with Gauntlet. The firm, known for its expertise in vault curation and risk management, will provide DeFi Development Corp. with advanced yield strategies deployed through the Solana-based platform Drift. This move makes DeFi Development Corp. the first public Solana Digital Asset Treasury (DAT) to leverage a curator for complex onchain activity.
The company’s goal is to maximize its $SOL Per Share (SPS), a metric that tracks how much Solana each shareholder effectively holds. By moving beyond traditional staking and into risk-adjusted yield generation, DeFi Development Corp. aims to deliver superior capital efficiency across its treasury.
Leveraging Liquid Staking with $dfdvSOL At the heart of this initiative is $dfdvSOL, a liquid staking token adopted by DeFi Development Corp. in May 2025. This token enables treasury assets to remain liquid while being deployed into yield-generating strategies across Solana’s DeFi ecosystem. Unlike conventional staking, which historically yields about 7% annually, the strategies curated by Gauntlet target returns in the 10 to 20 percent range through hedged liquidity provision.
The strategy involves four key steps. First, users (including DeFi Development Corp.) deposit $dfdvSOL into a Gauntlet-curated Drift vault called dfdvSOL Plus. Second, the vault uses $dfdvSOL as collateral to borrow $USDC through Drift Lend. Third, the borrowed funds are deployed into a basis trade across Drift and Jupiter DEX, and the yield generated is converted back into dfdvSOL. Finally, Gauntlet’s optimization engine actively monitors and adjusts the positions to maintain efficiency and manage risks.
Beyond Staking: Capital Efficiency as a Differentiator “Our mandate is clear: to be the most innovative and effective Solana treasury. This partnership with Gauntlet is a direct execution of that mission. We are not passive holders; we are focused on productive, onchain activity that leverages the full power of the Solana ecosystem. By allocating capital to sophisticated, risk-managed strategies like those curated by Gauntlet on Drift, we are actively working to compound our $SOL holdings and create a durable competitive advantage.” - Joseph Onorati, CEO of DeFi Development Corp.
Gauntlet’s Head of Institutional Partnerships, Rahul Goyal, echoed this view. He remarked, “Gauntlet’s purpose is to make DeFi more efficient for institutions within strict risk parameters. DFDV is a true innovator, and their forward-thinking approach to treasury management is a perfect match for our capabilities.”
Traditional staking has long provided a straightforward but limited means of earning yield. By contrast, DeFi Development Corp.’s integration of Gauntlet strategies reflects a shift toward maximizing capital efficiency. This hands-on treasury management sets the company apart from competing DATs and from alternatives such as Solana ETFs, which typically rely on simple staking or accumulation strategies.
SPS as a Central Metric $SOL Per Share (SPS) remains the key measure of value for DeFi Development Corp. In July, the company projected 261 percent growth in SPS by mid-2026, with a target of one $SOL per share by 2028. At that time, SPS stood at 0.0457. The metric has since risen to 0.0816, representing a 94 percent increase over the past three months.
Interestingly, the company’s compensation framework for executives and the core treasury strategy team directly ties bonus outcomes to growth in $SOL per Share, aiming to align management incentives closely with long-term shareholder value. The first bonus target, set at 0.085 SPS, is already within reach.
What Has DeFi Dev Corp. Been Up To? The Gauntlet partnership builds on a series of significant moves by DeFi Development Corp. In September, the company acquired over 250,000 $SOL, bringing its total treasury to 2.1 million $SOL, valued at approximately $411 million. This ranks the firm as the entity with the third-largest Solana treasury, according to Strategic Solana Reserve data.
The company has also expanded internationally. It launched Britain’s first $SOL DAT through DFDV UK and recently entered the Korean market by partnering with Fragmetic, a Solana restaking protocol, to launch Korea’s first publicly traded $SOL DAT. In addition, DeFi Development Corp. authorized an expansion of its stock repurchase program from $1 million to $100 million earlier this week.
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The U.S. SEC has suspended trading in the QMMM stock following a nearly 1,000% increase in just three weeks. The spike happened after the company announced its Solana treasury allocation in its crypto treasury. The commission’s move suggests that market manipulation may have taken place.
SEC Flags Concerns Over QMMM Rally After Solana Treasury Allocation According to Bloomberg, the SEC has halted trading in the QMMM stock after it rallied by 959% upon the announcement of its pivot into digital assets through a Solana treasury strategy and blockchain-driven analytics.
The company had revealed plans to build a $100 million portfolio targeting Solana, Bitcoin, and Ethereum, while also investing in long-term Web3 infrastructure projects. The news immediately triggered a reaction.
The QMMM shares soared by nearly 1,000%, reaching a high of $207 before retreating to $88 in after-hours trading.
The regulator cited “recommendations on social media by unknown persons” as possible drivers of the surge. This suggests the rally cannot be based solely on the crypto treasury announcement.. This suggests market manipulation could be at play.
QMMM was not alone. The SEC also suspended Smart Digital Group Ltd. for similar reasons. This extends the crackdown on small-cap firms that have leveraged crypto narratives to draw investor attention.
The company’s announcement of a Solana treasury holding was previously hinted at as the main driver behind the rally. By including the Solana treasury allocation alongside Bitcoin and Ethereum, the firm positioned itself among the growing trend of crypto treasury companies diversifying assets.
However, the commission’s move highlights the dangers of overly linking stock prices to speculative crypto treasury announcements, like this Solana treasury allocation announcement. Regulators remain cautious of overstated claims or artificially inflated demand, despite such tactics becoming increasingly popular.
Yahoo Finance reports that QMMM stock was trading at $119.40 before the freeze was implemented.
Source: Yahoo Finance; QMMM Price Daily Chart Wider SEC Scrutiny Amid Market Manipulation Fears The suspension move from the SEC fits into a broader enforcement trend. Both the Trump and Biden administrations have targeted social media-driven touting schemes in digital assets.
More recently, Paul S. Atkins, SEC Chair, announced a Task Force to investigate pump-and-dump activities across crypto markets. This illustrates the agency’s increased attention to detail.
This task force comes amid a backdrop of questionable trading activity in the digital asset space. For example, analysts shared that MYX Finance’s price was manipulated after it surged 270% in just 24 hours.
Similarly, speculation has swirled around a top crypto exchange. Coinbase fell out of XRP’s Top 10 exchanges in terms of reserves. Critics suggested the platform may have reduced exposure to avoid liquidity risks during XRP’s all-time highs.
These events show the regulator’s concern that traded assets and speculative hype could encourage manipulative environments.
In brief Bakkt's share price was up about 17% on Tuesday. Benchmark raised its price target to $40, highlighting three areas for potential growth. The investment bank called the stock's recent rally "a validation" of moves Bakkt CEO Akshay Naheta has made. Bakkt Holdings stock price jumped 17% on Tuesday, adding to its recent rally after Benchmark Company more than tripled its one-year price target on the provider of digital asset services to $40.
The investment bank noted growth potential in Bakkt's three main businesses—crypto infrastructure, stablecoin payments, and crypto infrastructure—and its Bitcoin treasury, and called the stock's 170% price jump over a two-week period earlier this month "a validation of the moves" the company's CEO Akshay Naheta has made since taking over his role in August.
"BKKT remains an attractive buy even after its sharp run-up as it continues to screen as inexpensive relative to both its growth potential and peers in the Fintech/digital asset ecosystem," Benchmark analyst Mark Palmer wrote. "While the stock’s surge reflected newfound attention on the company... we do not believe it has come close to fully reflecting the breadth of its optionality across three high-growth themes."
Bakkt was recently changing hands just above $30, its first time above that threshold since late January, although it's down 97% since reaching an all-time high above $1,060 in 2021, according to Yahoo Finance data. It has struggled to crack $10 for much of the year. That performance prompted the company to reposition itself.
In his note, Palmer called BKKT's valuation "modest" relative to those of other prominent publicly traded crypto firms, including Coinbase, Circle, and Robinhood. Palmer lauded the recent addition of veteran crypto industry investor Mike Alfred to the Bakkt board.
"Mr. Alfred’s current role running private investment partnership Alpine Fox LP, alongside his board positions with digital infrastructure companies such as [Bitcoin miner] IREN, means he brings experience with capital allocation and scaling companies that should add rigor to BKKT’s decision-making process," Palmer wrote.
Bakkt's share price jumped past analysts' one-year consensus target after announcing Alfred's appointment. Other initiatives have also seemed to give Bakkt tailwinds.
In July, Bakkt announced that it had sold its loyalty rewards business for $11 million as it looked to focus more tightly on digital asset infrastructure.
The sale aimed to streamline operations and allow the company to focus on core crypto services, including custody, stablecoin payments, and tokenized assets. In the second quarter, its crypto business generated more than $568 million in revenue, while the loyalty unit brought in some $10 million.
In June, Bakkt notified the U.S. SEC of plans to sell up to $1 billion in securities to provide fresh capital for a possible expansion of its corporate treasury to include Bitcoin. That followed less than three weeks after the company updated its investment policy, allowing it to include Bitcoin and other digital assets as part of a broader treasury strategy.
Palmer initiated coverage just eight days ago with a price target of $13, saying the company was "poised for a fresh start."
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David Schwartz has announced that he will step down as Ripple's chief technology officer at the end of the year after more than 13 years at the company.
"The time has come for me to step back from my day-to-day duties as Ripple CTO at the end of this year. I’m really looking forward to spending more time with the kids and grandkids and going back to the hobbies I set aside," he said.
Schwartz was appointed as the company's CTO back in July 2018. Before him, this role was held by Coil CEO Stefan Thomas and Ripple/Stellar co-founder Jed McCaleb.
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In his statement, Schwartz stressed his appreciation for the company and the community, describing his time at Ripple as "one of the greatest honors and experiences of his life."
As happens in one’s life, I’ve been taking stock of my last 40 years. It’s been a wild ride. I’ve gone from consulting for the NSA to watching the early stages of Bitcoin. Then, I met Arthur, Jed, and Chris and worked on coding the XRP Ledger. Now, I’ve spent more than 13 years…
— David 'JoelKatz' Schwartz (@JoelKatz) September 30, 2025 He has also expressed his gratitude to Ripple's leadership (CEO Brad Garlinghouse and President Monica Long), co-founders Chris Larsen and Arthur Britto, as well as the RippleX team.
Joining board of directorsSchwartz has confirmed that he is not breaking ties with Ripple. In fact, he will be joining the company's board of directors. He will also remain involved as CTO Emeritus.
"I look forward to seeing the rest of you at XRP community events around the world," he said in a statement.
"You are my boss now?" Ripple's leadership has already reacted to Schwartz's upcoming exit. Garlinghouse has described Schwartz as "the smartest (and maybe the funniest) person" he personally knows. "A true OG in crypto with the conviction and vision to see what others couldn’t - you are a legend," he added.
He has also jokingly suggested that Schwartz will be his boss after joining the company's board of directors.
The smartest (and maybe the funniest) person I know. A true OG in crypto with the conviction and vision to see what others couldn’t - you are a legend. Thank you David for everything you’ve done for the industry, for Ripple and for the XRP Ledger. We are all forever grateful…… https://t.co/tt4uX4JlkV
— Brad Garlinghouse (@bgarlinghouse) September 30, 2025 Long has acknowledged that the "mighty community" would not have existed without Schwartz. "I deeply respect your ingenuity, integrity, humor, and humility, which you demonstrate daily..." Long said.
