XDB CHAIN (XDB) announces a strategic partnership with Alchemy Pay, a fiat-to-crypto payment gateway. The collaboration advances XDB CHAIN’s roadmap as a blockchain for branded real-world asset (RWA) adoption and introduces its first dedicated fiat on-ramp supporting eligible users in the United States, where permitted, while expanding access worldwide.
XDB CHAIN and its native coin XDB are built to support the tokenization and use of branded and payment tokens, NFTs and other utility assets for Web3 payments and brand-led ecosystems. Alchemy Pay complements this with on- and off-ramp infrastructure across more than 50 fiat rails and multiple jurisdictions, aligning an RWA-oriented chain with a compliant fiat gateway. Alchemy Pay also provides product infrastructure including crypto payment cards, NFT checkout solutions, and crypto payment processing used by thousands of merchants around the world.
XDB is already accessible through Alchemy Pay’s website, enabling users to acquire XDB on XDB CHAIN via fiat currencies. Additional on-ramp entry points will be embedded into dApps and websites connected to the XDB CHAIN ecosystem using API integration.
From launch, eligible users in the United States and abroad will be able to purchase and access XDB through familiar fiat payment methods and participate in decentralized applications built on XDB CHAIN.
The partnership also sets a roadmap for phased support of additional XDB CHAIN ecosystem tokens, including CBPAY (web3 reward ecosystem), BEEFI (the GameFi ecosystem token) and HONEY (the token of XDBees).
About XDB CHAIN
XDB CHAIN is a user-friendly, open-source blockchain platform purpose-built to enable real-world asset (RWA) adoption for brands and consumers. It powers digital assets such as branded coins, NFTs, and payment tokens, providing the technological and economic rails for branded-token economies and Web3 native interactions.
About Alchemy Pay
Founded in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off-Ramp, Web3 Digital Bank, NFT Checkout and its newly launched RWA platform, Alchemy Pay supports fiat payments in 173 countries.
Regulatory and Risk Notice
Nothing in this announcement constitutes an offer to sell or the solicitation of an offer to buy any security, nor any financial, legal, or tax advice. References to XDB, CBPAY, BEEFI, HONEY or any other digital asset are for informational purposes only. Availability of any digital asset may be limited or restricted in certain jurisdictions, including specific U.S. states. Users should conduct their own due diligence and consult their own professional advisers before acquiring or using any digital asset
XDB CHAIN (XDB) announces a strategic partnership with Alchemy Pay, a fiat-to-crypto payment gateway. The collaboration advances XDB CHAIN’s roadmap as a blockchain for branded real-world asset (RWA) adoption and introduces its first dedicated fiat on-ramp supporting eligible users in the United States, where permitted, while expanding access worldwide.
XDB CHAIN and its native coin XDB are built to support the tokenization and use of branded and payment tokens, NFTs and other utility assets for Web3 payments and brand-led ecosystems. Alchemy Pay complements this with on- and off-ramp infrastructure across more than 50 fiat rails and multiple jurisdictions, aligning an RWA-oriented chain with a compliant fiat gateway. Alchemy Pay also provides product infrastructure including crypto payment cards, NFT checkout solutions, and crypto payment processing used by thousands of merchants around the world.
XDB is already accessible through Alchemy Pay’s website, enabling users to acquire XDB on XDB CHAIN via fiat currencies. Additional on-ramp entry points will be embedded into dApps and websites connected to the XDB CHAIN ecosystem using API integration.
From launch, eligible users in the United States and abroad will be able to purchase and access XDB through familiar fiat payment methods and participate in decentralized applications built on XDB CHAIN.
The partnership also sets a roadmap for phased support of additional XDB CHAIN ecosystem tokens, including CBPAY (web3 reward ecosystem), BEEFI (the GameFi ecosystem token) and HONEY (the token of XDBees).
About XDB CHAIN
XDB CHAIN is a user-friendly, open-source blockchain platform purpose-built to enable real-world asset (RWA) adoption for brands and consumers. It powers digital assets such as branded coins, NFTs, and payment tokens, providing the technological and economic rails for branded-token economies and Web3 native interactions.
About Alchemy Pay
Founded in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off-Ramp, Web3 Digital Bank, NFT Checkout and its newly launched RWA platform, Alchemy Pay supports fiat payments in 173 countries.
Regulatory and Risk Notice
Nothing in this announcement constitutes an offer to sell or the solicitation of an offer to buy any security, nor any financial, legal, or tax advice. References to XDB, CBPAY, BEEFI, HONEY or any other digital asset are for informational purposes only. Availability of any digital asset may be limited or restricted in certain jurisdictions, including specific U.S. states. Users should conduct their own due diligence and consult their own professional advisers before acquiring or using any digital asset
Alchemy Pay, the fiat-to-crypto payments gateway, announced on Wednesday that it has entered a partnership with XDB CHAIN to give eligible users in the United States and customers in jurisdictions worldwide, where permitted, direct fiat access into the XDB CHAIN ecosystem. The tie-up allows people to buy XDB and other XDB-native tokens using U.S. dollars and a wide range of local fiat currencies, with payment options that include Visa and Mastercard, popular mobile wallets and domestic bank transfers.
According to the companies, the integration makes XDB available through Alchemy Pay’s existing on-ramp infrastructure and extends that reach to 173 countries, lowering the technical and regulatory friction for newcomers to Web3. The firms say the goal is to provide a compliant, familiar entry point for users who want to participate in branded token experiences, loyalty programs and other consumer-facing blockchain use cases built on XDB CHAIN.
For XDB CHAIN, a Layer-1 platform pitched as a blockchain optimized for brands and real-world asset (RWA) use cases, the partnership is positioned as a practical bridge to U.S. customers and broader global audiences without forcing brands or end users to become crypto experts. XDB CHAIN supports branded coins, NFTs and tokenized consumer experiences, and the Alchemy Pay integration aims to make those assets more spendable and discoverable through conventional payment rails.
Brands Get an Easier Path to Web3 Brands building on XDB CHAIN should see a more straightforward path to onboarding U.S. consumers, the companies said, enabling use cases such as blockchain-powered loyalty programs, tokenized payments and community engagement that rely on accessible fiat on-ramps. By embedding Alchemy Pay’s API into dApps, wallets and merchant sites connected to the XDB ecosystem, projects can accept card and local payment methods while keeping the user experience familiar to mainstream customers.
Looking forward, both teams said they will continue refining the integration, improving user interfaces, smoothing payment flows and expanding regional payment coverage to further streamline how people and brands enter the XDB CHAIN ecosystem. The announcement frames the partnership as an example of connecting a mature payments infrastructure with a blockchain network focused on practical, consumer-facing utility.
The move comes as a lot of projects are trying to make tokenized assets and branded currencies simple enough for everyday people to actually buy and spend, not just trade for speculation. For XDB CHAIN, adding Alchemy Pay’s on-ramp is a practical, user-friendly step toward that goal, making branded tokens and real-world asset use cases easier for both consumers and brands to adopt.
AUTHOR
Mushumir Butt is a seasoned crypto journalist with over three years of experience reporting on the world of blockchain and cryptocurrency. At Blockchain Reporter, he delivers insightful news, in‐depth project reviews, and precise price analysis and predictions. With a strong background in SEO and digital marketing, Mushumir excels at breaking down complex trends into clear, accessible content, ensuring readers stay ahead in the fast‐paced crypto space.
Tanzeel Akhtar has been reporting on cryptocurrency and blockchain technology since 2015. Her work has appeared in leading publications including The Wall Street Journal, Bloomberg, CoinDesk, Bitcoin...
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January 21, 2026
Ethereum’s co-founder Vitalik Buterin has renewed his push for decentralized social media arguing that competition — rather than engagement-maximising algorithms or speculative tokens — is essential to building healthier mass communication systems.
In 2026, I plan to be fully back to decentralized social.
If we want a better society, we need better mass communication tools. We need mass communication tools that surface the best information and arguments and help people find points of agreement. We need mass communication… https://t.co/ye249HsojJ
— vitalik.eth (@VitalikButerin) January 21, 2026 In a post on X, Buterin said he plans to be “fully back to decentralized social” in 2026, framing the shift as a response to deep structural problems in today’s dominant platforms.
“If we want a better society, we need better mass communication tools,” he wrote, calling for systems that surface high-quality information, help people find points of agreement, and serve users’ long-term interests instead of optimising for short-term engagement.
According to Buterin decentralization provides a starting point by allowing real competition. Shared data layers allow multiple clients to be built on top of the same social graph, reducing the power of any single interface or algorithm.
“Decentralization is the way to enable that,” he said, arguing that choice at the client level is critical to improving online discourse. Buterin notes that his return to decentralized social is already underway.
Since the start of the year, he said every post he has written or read has been accessed through Firefly, a multi-client interface that supports X, Lens, Farcaster and Bluesky.
The experience, he suggested, highlights how decentralized tools can coexist with — and gradually pull attention away from — centralized platforms.
Buterin was sharply critical of how many crypto-native social projects have evolved. Too often, he argued, teams mistake the addition of a speculative token for meaningful innovation.
While combining money and social interaction is not inherently flawed — he cited Substack as an example of a system that successfully supports high-quality content — problems arise when platforms create price bubbles around creators instead of rewarding the content itself.
Over the past decade, Buterin said, repeated attempts to financialise social influence have failed in predictable ways: rewarding pre-existing social capital rather than quality and ultimately collapsing as tokens trend toward zero.
He dismissed claims that creating new markets and assets is automatically beneficial, describing such thinking as “galaxy-brained” rhetoric that masks a lack of genuine interest in improving information flow. “That is not Hayekian info-utopia,” he wrote. “That is corposlop.”
For decentralized social to succeed, Buterin argued, it must be led by teams that care deeply about the social problem itself.
He praises the Aave team’s stewardship of Lens to date and said he is optimistic about the project’s next phase, pointing to the incoming team’s long-standing interest in encrypted social communication.
Buterin said he plans to post more actively on Lens this year and encouraged users to spend more time across Lens, Farcaster and the broader decentralized social ecosystem.
The goal is to move beyond “a single global info warzone” and reopen a frontier where new and healthier forms of online interaction can emerge.
He says traditional social media has too often prioritized short-term engagement over long-term user benefit. According to Buterin, building better mass communication tools is essential for a healthier society. These tools should surface quality information, highlight well-reasoned arguments, and help people find common ground. In his words, there is no single trick to solve these problems, but decentralization offers a strong starting point.
The Pitfalls of Token-Driven Social Decentralized social relies on shared data layers that allow anyone to create their own client or interface. For Buterin, this approach fosters competition and innovation, rather than letting a few giant platforms control the conversation. Since the start of the year, he has been actively using Firefly, a multi-client platform that connects decentralized networks like Lens, Farcaster, Bluesky, and X. This allows him to read and post across multiple networks, demonstrating the potential of decentralized social tools to give users control and freedom in their online interactions.
While crypto social projects have generated excitement, Buterin warns that simply adding a speculative token does not guarantee innovation. Over the past decade, many platforms have attempted to incentivize creators through token-based economies, but most have failed. These projects often reward users with pre-existing social influence rather than content quality, and the token values tend to collapse within a few years.
In 2026, I plan to be fully back to decentralized social.
If we want a better society, we need better mass communication tools. We need mass communication tools that surface the best information and arguments and help people find points of agreement. We need mass communication… https://t.co/ye249HsojJ
— vitalik.eth (@VitalikButerin) January 21, 2026
Substack provides a useful real-world example of a sustainable creator economy. It supports high-quality content by allowing users to subscribe to creators directly. Buterin emphasizes that the key difference is the focus on social value rather than speculative financial incentives. The lesson for decentralized social networks is clear: building meaningful communication tools must come first, while economic models should serve, not dominate, the platform.
More About Vitalik Buterin Vitalik Buterin recently expressed stronger support for native rollups on Ethereum, noting that earlier concerns about their practicality have eased. Previously, he worried that native rollups had to choose between “zk mode” or “optimistic mode,” and immature ZK-EVMs made zero-knowledge mode unreliable. This forced L2s to favor slower withdrawals backed by Ethereum’s security, which could harm composability and encourage complex multisig bridges.
I’m definitely more in favor of native rollups than before.
Before a big reason why I was against, is that a native rollup precompile must either be used in “zk mode” or in “optimistic mode”, and ZK-EVMs were too immature for ZK mode, and so if we give L2s the choices “have 2-7…
— vitalik.eth (@VitalikButerin) January 19, 2026
Now, timelines for Ethereum fully embracing ZK at L1 align with adding a native rollup precompile, solving that problem. Buterin also highlighted the importance of synchronous composability as a reason to adopt L2s and suggested approaches to integrate precompiles with new rollup features while maintaining flexibility and standardization. He emphasized the need for careful design to allow rollups to use native precompiles for EVM functions while supporting custom proofs for additional features.
Disclaimer The information provided by Altcoin Buzz is not financial advice. It is intended solely for educational, entertainment, and informational purposes. Any opinions or strategies shared are those of the writer/reviewers, and their risk tolerance may differ from yours. We are not liable for any losses you may incur from investments related to the information given. Bitcoin and other cryptocurrencies are high-risk assets; therefore, conduct thorough due diligence. Copyright Altcoin Buzz Pte Ltd.
TLDR: Vitalik Buterin actively uses Firefly.social to post across X, Lens, Farcaster, and Bluesky simultaneously.
Most crypto social projects failed by creating price bubbles instead of rewarding quality content creation.
Lens protocol transitions to new leadership focused on encryption and privacy-first social features.
Shared data layers enable competition through multiple clients building on common decentralized infrastructure. Vitalik Buterin ,Ethereum co-founder, suggested plans to prioritize decentralized social media platforms throughout 2026. He emphasized the need for better mass communication tools to build improved societies.
Critique of Token-Driven Social Projects Buterin has maintained an active presence on decentralized platforms since early this year. He uses Firefly.social, a multi-client application that enables cross-platform engagement.
The tool supports posting and reading across X, Lens, Farcaster, and Bluesky networks simultaneously.
The crypto veteran delivered sharp criticism toward projects prioritizing speculation over substance.
Many platforms integrated tokens without addressing fundamental social media problems. These initiatives created price bubbles around creators rather than fostering genuine content quality.
Buterin compared failed crypto social experiments to Substack’s successful model. The newsletter platform demonstrates how monetary incentives can work when focused on subscriptions.
In 2026, I plan to be fully back to decentralized social.
If we want a better society, we need better mass communication tools. We need mass communication tools that surface the best information and arguments and help people find points of agreement. We need mass communication… https://t.co/ye249HsojJ
— vitalik.eth (@VitalikButerin) January 21, 2026
Token-based systems typically reward existing social capital instead of merit-based content creation.
The pattern has repeated across numerous projects over the past decade. Speculative tokens eventually crash to zero within one or two years.
Meanwhile, product development reveals little interest in helping users benefit from market-generated information.
Path Forward Through Competition and Decentralization The Ethereum founder advocates for increased competition through shared data layers. This approach allows multiple clients to operate on common infrastructure.
Users gain freedom to choose interfaces that serve long-term interests over engagement metrics.
Buterin expressed optimism about the Lens protocol under new stewardship. The incoming team previously explored encrypted messaging features before decentralized social gained traction.
Their technical background suggests genuine commitment to solving communication challenges rather than financial engineering.
Farcaster represents another ecosystem receiving Buterin’s endorsement. Both platforms offer alternatives to centralized networks that function as information conflict zones.
The shift enables experimentation with novel interaction models and community governance structures.
He plans to increase activity on Lens throughout the year. The protocol received praise for the Aave team’s previous management.
Transitioning leadership presents opportunities for renewed innovation focused on user experience and privacy features.
Buterin called on the broader crypto community to explore these platforms. Moving beyond single-platform dominance creates space for diverse approaches to content moderation and discovery.
Decentralized architecture prevents any single entity from controlling public discourse or implementing arbitrary policy changes.
The vision centers on competition driving quality improvements. Better algorithms for surfacing valuable information and facilitating constructive dialogue require diverse teams pursuing different solutions.
Shared protocols enable this experimentation without fragmenting user bases across incompatible networks.
In brief Ethereum founder Vitalik Buterin is committing to decentralized social media in 2026, encouraging others to explore the space more intentionally. His words come amid major shakeups in the ecosystem as both Lens Protocol and Farcaster found new owners in the last two days. Buterin insists the future of decentralized social media should be run by people focused on "social," and not speculative financial instruments. Ethereum founder Vitalik Buterin said he’s moving fully back to decentralized social media platforms in 2026, with his words coming right as the two biggest players in the space—Farcaster and Lens Protocol—have changed hands.
In an X post, the outspoken founder highlighted the need for better mass communication tools, calling for a move beyond “everyone constantly tweeting inside a single global info warzone.”
“We need mass communication tools that serve the user's long-term interest, not maximize short-term engagement,” said Buterin. “There is no simple trick that solves these problems. But there is one important place to start: more competition.”
In 2026, I plan to be fully back to decentralized social.
If we want a better society, we need better mass communication tools. We need mass communication tools that surface the best information and arguments and help people find points of agreement. We need mass communication… https://t.co/ye249HsojJ
— vitalik.eth (@VitalikButerin) January 21, 2026
“Decentralization is the way to enable that: a shared data layer, with anyone being able to build their own client on top,” he added.
Buterin’s remarks came after Lens Protocol, the social platform built by the development team behind Ethereum DeFi protocol Aave, announced on Tuesday that Mask Network would “steward the next chapter” for the decentralized protocol.
On Wednesday, Farcaster made a similar announcement, detailing that its protocol smart contracts, code, the Farcaster app, and its acquired token launchpad, Clanker, will all be transferred to Neynar—a longstanding Farcaster client and infrastructure firm.
“This wasn’t an easy decision. Farcaster and the people building on it mean a lot to us," posted Farcaster co-founder Dan Romero on X. “We’re proud of what our team built, and what the community built alongside us. But after five years, it’s clear Farcaster needs a new approach and leadership to reach its full potential.”
That new approach will come less than two years after the platform raised $150 million in a Series A which valued the company at $1 billion and sought to expand its active user base and developer primitives. Farcaster’s team recently said that it would pivot focus towards wallet development after the “social-first” approach failed to maintain momentum.
While neither platform currently has a native token of its own, Buterin claims that most crypto social projects have inserted something speculative and considered it innovative.
“Too often, we in crypto think that if you insert a speculative coin into something, that counts as ‘innovating,’ and moves the world forward,” he posted. The real focus though, he said, should be on solving for the actual social aspect of social media.
“Decentralized social should be run by people who deeply believe in the ‘social’ part, and are motivated first and foremost by solving the problems of social,” Buterin added.
For the new leaders of Lens, that means a focus on “consumer-grade execution, product design, and global distribution.” For Farcaster, it is a new “builder-focused vision” that is expected to be shared soon. In both instances, the original teams will step away from day-to-day operations.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
In brief Ethereum founder Vitalik Buterin is committing to decentralized social media in 2026, encouraging others to explore the space more intentionally. His words come amid major shakeups in the ecosystem as both Lens Protocol and Farcaster found new owners in the last two days. Buterin insists the future of decentralized social media should be run by people focused on "social," and not speculative financial instruments. Ethereum founder Vitalik Buterin said he’s moving fully back to decentralized social media platforms in 2026, with his words coming right as the two biggest players in the space—Farcaster and Lens Protocol—have changed hands.
In an X post, the outspoken founder highlighted the need for better mass communication tools, calling for a move beyond “everyone constantly tweeting inside a single global info warzone.”
“We need mass communication tools that serve the user's long-term interest, not maximize short-term engagement,” said Buterin. “There is no simple trick that solves these problems. But there is one important place to start: more competition.”
In 2026, I plan to be fully back to decentralized social.
If we want a better society, we need better mass communication tools. We need mass communication tools that surface the best information and arguments and help people find points of agreement. We need mass communication… https://t.co/ye249HsojJ
— vitalik.eth (@VitalikButerin) January 21, 2026
“Decentralization is the way to enable that: a shared data layer, with anyone being able to build their own client on top,” he added.
Buterin’s remarks came after Lens Protocol, the social platform built by the development team behind Ethereum DeFi protocol Aave, announced on Tuesday that Mask Network would “steward the next chapter” for the decentralized protocol.
On Wednesday, Farcaster made a similar announcement, detailing that its protocol smart contracts, code, the Farcaster app, and its acquired token launchpad, Clanker, will all be transferred to Neynar—a longstanding Farcaster client and infrastructure firm.
“This wasn’t an easy decision. Farcaster and the people building on it mean a lot to us," posted Farcaster co-founder Dan Romero on X. “We’re proud of what our team built, and what the community built alongside us. But after five years, it’s clear Farcaster needs a new approach and leadership to reach its full potential.”
That new approach will come less than two years after the platform raised $150 million in a Series A which valued the company at $1 billion and sought to expand its active user base and developer primitives. Farcaster’s team recently said that it would pivot focus towards wallet development after the “social-first” approach failed to maintain momentum.
While neither platform currently has a native token of its own, Buterin claims that most crypto social projects have inserted something speculative and considered it innovative.
“Too often, we in crypto think that if you insert a speculative coin into something, that counts as ‘innovating,’ and moves the world forward,” he posted. The real focus though, he said, should be on solving for the actual social aspect of social media.
“Decentralized social should be run by people who deeply believe in the ‘social’ part, and are motivated first and foremost by solving the problems of social,” Buterin added.
For the new leaders of Lens, that means a focus on “consumer-grade execution, product design, and global distribution.” For Farcaster, it is a new “builder-focused vision” that is expected to be shared soon. In both instances, the original teams will step away from day-to-day operations.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
Faced with rising tensions around information control, Vitalik Buterin takes a stand. The Ethereum co-founder makes decentralized social networks his priority for 2026, calling for an open, interoperable model free from commercial logics. This choice marks a strategic and ideological turning point, supported by concrete actions and a frontal critique of dominant platforms. Buterin no longer just codes the Web’s infrastructure but now wants to rethink how we exchange, debate, and share online.
In brief Vitalik Buterin announces he will exclusively adopt decentralized social networks starting this year. He will use Firefly, an interface gathering several protocols such as Lens, Farcaster and Bluesky. This choice is part of a desire to break with centralized platforms and their algorithmic logics. Buterin advocates an open social Web, where users keep control of their data and identities. Vitalik migrates to an interoperable social Web Vitalik Buterin has officially announced a radical redirection of his social activity for the year 2026, after revealing a few days earlier the major reforms to come for Ethereum.
“In 2026, I will read and publish only via Firefly or other similar interfaces”, he announced, specifying that this decision is not a simple test but a definitive commitment.
Firefly, developed by Mask Network, aggregates various Web3 social protocols such as Lens, Farcaster, X (formerly Twitter), and Bluesky. Its goal is to offer a unique interface built on shared and decentralized data layers, guaranteeing the user control over their posts, identity, and social graph.
Through this initiative, the Ethereum co-founder seeks to challenge the dominant models of centralized social networks. He calls for a more modular, competitive social Web aligned with users’ interests. For him, future social platforms must rely on the following principles :
Client interoperability : enabling users to freely navigate between different networks via common interfaces ; Data ownership : each individual keeps their credentials, content, and relationships, independently of the service used ; The plurality of social experiences : different interfaces can offer specific views, algorithms, or filters while sharing the same data foundation ; Reducing dependence on advertising logics : breaking away from economic models based on maximizing screen time. This statement fits into a general vision carried by Buterin since Ethereum’s beginnings : extending decentralization to all critical internet infrastructures, including those that govern the circulation of ideas and opinions.
A critical reflection on SocialFi and new community dynamics Beyond his technical preferences, Vitalik Buterin also formulates a direct critique of so-called SocialFi platforms based on purely economic mechanisms. He believes these models, often based on speculative tokens, create incentives that degrade the quality of content and exchanges.
“The engagement economy measured in tokens does not favor nuanced reasoning”, he writes, pointing out projects that prioritize virality over depth. Conversely, he cites Substack as a more balanced example, where subscriptions support quality content without turning every post into a financial asset.
The limitations of existing models are not only ethical. Buterin also recalls the technical difficulties faced by social Web3 ecosystems in achieving mass adoption.
Farcaster, recently acquired by Neynar, now counts more than 2 million sign-ups, while Lens, now managed by Mask Network, records about 506,000 users according to Dune Analytics data. Despite encouraging figures, these platforms still have to overcome significant challenges: identity interoperability, smooth user experience, and sustainable economic balance.
By repositioning the debate on the social purposes of Web3, Vitalik Buterin reignites a strategic conversation about tomorrow’s digital architecture. His choice is not only personal or technological but refers to a political vision of communication infrastructure. The coming months will tell if other leaders in the sector follow this path.
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Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
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The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
**Vitalik Buterin Calls for Decentralized Social Media to Complement Twitter** On January 23rd, Ethereum co-founder Vitalik Buterin spoke at an event named Space, sharing his take on decentralized social media: “I used Farcaster extensively in 2023 and 2024. Recently, I’ve focused on decentralized social platforms for two key reasons. First, Twitter’s conversation quality is notably poor—it’s not fit to be the global hub for conversations, so we need more options. Second, the network effect: even if a new product has better algorithms and stronger privacy protections, it means nothing without users. Firefly solves this dilemma with two core features: it’s a decentralized social platform *and* a multi-platform gateway. It works as a Twitter or Farcaster client, letting users engage with decentralized social media without leaving Twitter. This fixes the network effect problem.”
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JPMorgan Chase has raised its year-end outlook for U.S. stocks, while cautioning investors that the overcrowding in AI-related momentum stocks is becoming the market’s most vulnerable segment. The JPMorgan strategy team led by Dubravko Lakos-Bujas lifted its 2026 year-end target for the S&P 500 from 7,600 to 7,800 points, citing continued upward revisions to corporate earnings expectations and nearly doubling of AI-related capital expenditures. The bank noted that consensus earnings expectations for both 2026 and 2027 have been revised up by roughly 10% since the start of the year, a magnitude typically only seen in the recovery phase after a recession or major shock. However, JPMorgan does not interpret this upward revision as a risk-free rally. The bank pointed out that low-quality growth stocks, speculative growth stocks, and second- and third-tier AI-related concept stocks have become "extremely overcrowded," and a pullout of capital could trigger a rapid correction. The strategists also noted that rising equity supply in the coming quarters and potentially tight monetary policy could cap further valuation expansion. On the allocation front, JPMorgan recommends a barbell strategy: holding high-quality growth stocks and stocks directly benefiting from AI on one end, and low-volatility, high-quality stocks as a portfolio buffer on the other. The bank remains bullish on tech, select industrials, utilities, defense, banks, and some healthcare growth stocks, but believes the market’s upward trajectory will not be linear.
2 minutes ago
Preview: The U.S. May core PCE data will be released at 20:30 tonight, and is projected to hit its highest level since October 2023.
The Fed’s key inflation gauge, the Personal Consumption Expenditures (PCE) price index, will be released at 20:30 tonight, with markets expecting a sharp rise in May inflation that could reignite rate hike bets. The headline PCE year-over-year growth rate is projected to hit 4.1% in May, up from 3.8% in April and marking its highest level since 2023. Core PCE, which excludes food and energy, is forecast to rise to 3.4% year-over-year, up from 3.3% in April and its highest reading since October 2023. Core PCE has remained above the Fed’s 2% inflation target since 2021. The recent short-term inflation uptick was driven mainly by surging gasoline prices amid the Iran conflict in May. Oil prices have since edged lower following the signing of a peace deal between the U.S. and Iran, but core inflation has strengthened in tandem, indicating that price pressures are not solely tied to geopolitical oil shocks. Data from the CME FedWatch Tool shows that as of Wednesday, markets are pricing in a 34% probability of a 25 basis point rate hike in July. Aditya Bhave, U.S. economist at Bank of America Securities, noted that the recent inflation rebound stems in part from tariffs and one-off disruptions, but successive supply shocks have eroded the Fed’s patience, while deflationary room in the housing sector has largely been exhausted. Data shows that core PCE dipped to 2.6% in April, its lowest level since 2022, but annualized core PCE growth over the past three and six months has hovered near 3.8%.
Social media platforms are designed to capture user attention, but when that design encourages prolonged, unconscious use, it raises serious concerns. The European Commission has provisionally determined that TikTok is in violation of the Digital Services Act due to features that can foster addictive behavior. This includes continuously loading video feeds, automatic video playback, frequent alert prompts, and highly tailored content suggestions, which could lead to regulatory action and possible financial penalties.
In Brief The European Commission has identified TikTok’s features as potentially addictive and in breach of EU digital rules. The EU has called on TikTok to reform these features by reducing continuous engagement, introducing meaningful breaks, and adjusting content recommendations. Depending on the outcome, TikTok could face regulatory action and fines of up to 6% of its global annual revenue. TikTok Design Concerns The Commission noted that TikTok has not adequately identified or mitigated the risks tied to its platform design. Officials highlighted that the continuous delivery of videos can lead to extended usage without conscious control, affecting users’ overall health and daily functioning. People of all ages may be affected, though younger users, including teenagers and children, are considered especially at risk.
Existing safeguards, such as screen-time limits and parental control options, were judged insufficient. Time-management tools are easily bypassed, while parental controls rely heavily on parents’ availability, technical knowledge, and active supervision, reducing their effectiveness.
EU Calls on TikTok to Reform Platform and Protect Users The European Commission has called on TikTok to make changes to key parts of its platform, focusing on measures that can reduce excessive use and improve user control :
Removing features that encourage users to stay on the app for long periods, such as continuously loading video feeds Introducing meaningful breaks in usage, including during nighttime, to help users manage their screen time Adjusting the content recommendation system to prevent continuous engagement and reduce prolonged viewing TikTok has been given the opportunity to respond to the EU’s findings, and depending on how the review proceeds, the company could face fines of up to 6% of its global annual revenue, potentially reaching billions. These observations are part of an ongoing investigation into TikTok’s compliance with the Digital Services Act, which was launched on 19 February 2024.
Henna Virkkunen, Executive Vice-President for Tech Sovereignty, Security, and Democracy, highlighted the risks of social media overuse, noting that it can significantly impact the development of children and teenagers. She emphasized that Europe’s laws are designed to safeguard young users and protect all citizens in the online environment.
Social media addiction can have detrimental effects on the developing minds of children and teens. The Digital Services Act makes platforms responsible for the effects they can have on their users. In Europe, we enforce our legislation to protect our children and our citizens online.
Henna Virkkunen Global and Regional Regulatory Pressure TikTok has faced regulatory pressure in other regions as well. Within the EU, Ireland fined the platform €530 million last year for transferring user data to China. Outside Europe, in the United States, TikTok’s parent company, ByteDance, agreed under the Trump administration to establish a joint venture that would make the U.S. version of the app majority-owned by American investors.
Reflecting these ongoing concerns about user safety and platform oversight, countries around the world are introducing age-based restrictions to protect younger users. Spain plans to block social media access for those under 16, while the UK is considering similar measures. Australia implemented a comparable rule in December 2025, and other nations, including France, Denmark, and Greece, are reviewing minimum age requirements for social media use.
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On March 20, TechCrunch reported that decentralized social media platform Bluesky has announced the completion of a $100 million Series B funding round. The round was led by Bain Capital Crypto, with participation from Alumni Ventures, True Ventures, Anthos Capital, Bloomberg Beta, the Knight Foundation, and other investors. Reportedly, the funding closed in April 2025 but was not publicly disclosed prior to this announcement.
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BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.
BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.
2 minutes ago
Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.
Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.
2 minutes ago
Japan and South Korea's stock markets closed higher across the board, with Japan's stock market hitting a new closing high.
According to Bitget market data, the Nikkei 225 index closed up 3,191.37 points, or 4.61%, at 72,366.34 points on Thursday, June 25, hitting a new all-time closing high. South Korea’s KOSPI index rose 459.76 points (5.43%) to end at 8,930.78 points; SK Hynix surged 13% while Samsung Electronics gained more than 5%.
2 minutes ago
A newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
According to monitoring by Onchain Lens, a newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
2 minutes ago
JPMorgan Chase raised its S&P 500 target to 7,800 points, while warning of an overcrowded AI trade.
JPMorgan Chase has raised its year-end outlook for U.S. stocks, while cautioning investors that the overcrowding in AI-related momentum stocks is becoming the market’s most vulnerable segment. The JPMorgan strategy team led by Dubravko Lakos-Bujas lifted its 2026 year-end target for the S&P 500 from 7,600 to 7,800 points, citing continued upward revisions to corporate earnings expectations and nearly doubling of AI-related capital expenditures. The bank noted that consensus earnings expectations for both 2026 and 2027 have been revised up by roughly 10% since the start of the year, a magnitude typically only seen in the recovery phase after a recession or major shock. However, JPMorgan does not interpret this upward revision as a risk-free rally. The bank pointed out that low-quality growth stocks, speculative growth stocks, and second- and third-tier AI-related concept stocks have become "extremely overcrowded," and a pullout of capital could trigger a rapid correction. The strategists also noted that rising equity supply in the coming quarters and potentially tight monetary policy could cap further valuation expansion. On the allocation front, JPMorgan recommends a barbell strategy: holding high-quality growth stocks and stocks directly benefiting from AI on one end, and low-volatility, high-quality stocks as a portfolio buffer on the other. The bank remains bullish on tech, select industrials, utilities, defense, banks, and some healthcare growth stocks, but believes the market’s upward trajectory will not be linear.
2 minutes ago
Preview: The U.S. May core PCE data will be released at 20:30 tonight, and is projected to hit its highest level since October 2023.
The Fed’s key inflation gauge, the Personal Consumption Expenditures (PCE) price index, will be released at 20:30 tonight, with markets expecting a sharp rise in May inflation that could reignite rate hike bets. The headline PCE year-over-year growth rate is projected to hit 4.1% in May, up from 3.8% in April and marking its highest level since 2023. Core PCE, which excludes food and energy, is forecast to rise to 3.4% year-over-year, up from 3.3% in April and its highest reading since October 2023. Core PCE has remained above the Fed’s 2% inflation target since 2021. The recent short-term inflation uptick was driven mainly by surging gasoline prices amid the Iran conflict in May. Oil prices have since edged lower following the signing of a peace deal between the U.S. and Iran, but core inflation has strengthened in tandem, indicating that price pressures are not solely tied to geopolitical oil shocks. Data from the CME FedWatch Tool shows that as of Wednesday, markets are pricing in a 34% probability of a 25 basis point rate hike in July. Aditya Bhave, U.S. economist at Bank of America Securities, noted that the recent inflation rebound stems in part from tariffs and one-off disruptions, but successive supply shocks have eroded the Fed’s patience, while deflationary room in the housing sector has largely been exhausted. Data shows that core PCE dipped to 2.6% in April, its lowest level since 2022, but annualized core PCE growth over the past three and six months has hovered near 3.8%.
Key Highlights$100M Investment Round Powers Decentralized Platform VisionExplosive User Adoption and Developer Ecosystem MomentumExecutive Transition Supports Innovation and Operational Focus Bluesky closes $100M Series B round to accelerate decentralized platform development. User base expands dramatically from 13M to 43M worldwide in recent months. AT Protocol ecosystem now supports more than 1,000 weekly active applications. Executive restructuring: Jay Graber becomes Chief Innovation Officer, Toni Schneider takes interim CEO role. Platform infrastructure now manages billions of public social records across decentralized network. The decentralized social media platform Bluesky has revealed a $100 million Series B funding round that was completed in April 2025. This substantial investment aims to fuel the company’s ambitious expansion plans and strengthen its open-source social networking infrastructure. The announcement comes as Bluesky experiences remarkable user adoption and prepares for its next growth chapter under revised leadership.
$100M Investment Round Powers Decentralized Platform Vision Bluesky successfully completed its $100 million Series B financing in April 2025, with Bain Capital Crypto serving as the lead investor. The funding round attracted participation from multiple prominent investment firms including Alumni Ventures, Anthos Capital, Bloomberg Beta, Knight Foundation, and True Ventures.
Throughout the past year, the company has strategically allocated these funds to expand its team and enhance its technical infrastructure. This capital injection enabled Bluesky to reinforce its systems to handle accelerating worldwide user demand. Additionally, the investment fuels ongoing development of the platform’s decentralized network foundation.
Bluesky maintains its commitment to offering a viable decentralized alternative to conventional social media platforms. The ecosystem encompasses developers, third-party applications, and users all collaborating on common infrastructure. This architectural approach enables growth and innovation without depending on centralized governance structures.
Explosive User Adoption and Developer Ecosystem Momentum Following its previous funding announcement in October 2024, Bluesky has witnessed extraordinary user acquisition. The platform’s worldwide user count surged from 13 million to surpass 43 million users in a matter of months. This rapid expansion demonstrates increasing market appetite for decentralized social networks and open identity frameworks.
Simultaneously, Bluesky’s comprehensive “Atmosphere” ecosystem has grown substantially across various operational layers. The network currently powers more than 1,000 applications built on its protocol that remain active on a weekly basis. Software development kit downloads have climbed beyond 400,000 per month, indicating robust developer community participation.
The platform’s network infrastructure now maintains approximately 20 billion public records distributed across its decentralized architecture. These records encompass user-generated posts, social interactions, and relationship connections. As a result, Bluesky has established a substantial and dynamic data foundation supporting its distributed network model.
Executive Transition Supports Innovation and Operational Focus Bluesky has recently enacted significant leadership restructuring to align with its evolving strategic priorities. Company founder Jay Graber has moved into the position of Chief Innovation Officer to concentrate on protocol architecture and technical innovation. This organizational shift enables Bluesky to emphasize advancement of its fundamental infrastructure technology.
Toni Schneider has stepped into the interim Chief Executive Officer position and will manage daily operations while the organization conducts a search for a permanent CEO. This leadership realignment coordinates executive responsibilities with the company’s ambitious growth trajectory and product roadmap.
Bluesky began as an initiative launched by Jack Dorsey in 2019 while he led Twitter. The company achieved independence in 2021 and completed its full separation from Twitter in 2022. Since establishing autonomy, Bluesky has concentrated its efforts on developing an open, interoperable social networking framework.
Oliver Dale
Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact [email protected]
Bluesky raised $100 million led by Bain Capital Crypto. Its user base grew to 43 million as the platform expands. Bluesky, a decentralized social media platform, announced that Bain Capital Crypto led a $100 million Series B funding round. Bluesky completed the funding round in April 2025, but only now has it become public.
Strong Investor Support The Series B round had several important investors, such as Bloomberg Beta, the Knight Foundation, and Alumni Ventures. This shows that more and more people believe in Bluesky’s plan to build a decentralized social media network. Bluesky’s user base has grown significantly, from 13 million to over 43 million, and more developers and apps are joining the platform.
Bluesky is not like regular social media apps. It is built on something called the AT Protocol, which allows users to control their data and easily move between different apps by keeping followers and identity across platforms. Unlike traditional platforms, no single company fully controls the network.
Bluesky says that it will use the funding to grow its team and improve its platform by expanding its network. The business wants to make a social network that is open and gives users more power. Bluesky is becoming a big name indecentralized social media because it has a lot of money and is growing quickly. The $100 million investment is a big step forward for Bluesky’s growth.
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The raise was completed in April 2025, but is being disclosed now as the company gets a new CEO.
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Bluesky now confirms it raised $100M in Series B funding last April. The raise disclosure comes as the decentralized social media platform moves, "into a new era of leadership and further growth."
What's the Scoop?Latest Raise: According to a press release, Bluesky raised $100M in April 2025 from a Series B round led by Bain Capital Crypto, with participation from Alumni Ventures, Anthos Capital, Bloomberg Beta, Knight Foundation and True Ventures.New Goals: According to Bluesky, "This new funding gives us the foundation upon which to build the future of the open social web without compromising our mission and values."User Growth: Since Bluesky announced its $15m Series A in October 2024, the social network has grown from 13M to 43M global users. Every week, people use "thousands" of apps built on Bluesky's AT Protocol – an open source toolbox for building social apps that can all talk to each other. Bluesky’s 2025 $100M Series B Lays Foundation for Open Social Web - Bluesky
In April 2025, Bluesky raised $100 million in Series B funding led by Bain Capital Crypto. Since our Series A, we’ve grown from 13 million to over 43 million global users.
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Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial real estate development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.
Binance Labs, the Venture Capital arm of Binance Exchange might be offloading PERP, the native token of the Perpetual Protocol.
Data from crypto analytics provider Spot on Chain reveals that Binance Labs deposited a total of 750,000 PERP worth approximately $784,000 hours before writing. The tokens were sent to Binance at an average price of $1.05.
Based on its mandate, Binance Labs was one of the major backers of the Perpetual Protocols when it emerged in 2020, but the Venture Capital firm has not been active in the protocol for about 2 years. This makes the deposit suspicious with a possible selloff connotation.
Binance Labs PERP Data Insight According to the Spot On Chain data, Binance Labs got an investor allocation worth 6.25 million PERP at an average price of $6.56, amounting to $40.98 million. This allocation was sent to Binance Labs from the project’s wallet on March 16, 2021.
Binance Labs (@BinanceLabs) deposited 750K $PERP ($784K) to #Binance at $1.05 ~50 mins ago.
Notably, Binance Labs was an investor in Perpetual Protocol and had been inactive with $PERP for 2 years.
Currently, Binance Labs still holds 3M $PERP ($3.14M).
More details:… pic.twitter.com/KzdujPzwhr
— Spot On Chain (@spotonchain) February 6, 2024
Binance’s proceeds for the potential sale remain uncertain, as the seed price was not disclosed at the time. Since it got its allocation, Binance Labs has made two distinct deposits to Binance.
Besides this current 750,000 PERP deposit, it made a transfer of 3.25 million PERP to Binance at an average price of $5.71 million pegging the total at $18.55 million on March 23, 2021.
With all these deposits to Binance, the VC still holds a total of 3,000,000 PERP worth $3.14 million.
PERP Price Reacts Complementing the bearish outlook in the market at this time, the deposit might be dampening PERP price sentiment. The token’s price and market capitalization are down by 0.19% to $1.05 and 69,286,868 while its trading volume has slumped by more than 13% to $4,472,952.
This trend is not uncommon as many crypto companies like Ripple are known to transfer coins to exchanges in major selloff moves. These actions generally spark a selloff in such tokens but such volatility tend to wear off over time.
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.
PERP, the native token of the Perpetual platform, is designed to enhance the decentralized governance concept.
What is Perpetual Protocol (PERP)?Perpetual Protocol (PERP) is a decentralized trading platform based on Ethereum and xDai. PERP utilizes the automated market maker (AMM) algorithm, allowing investors to trade directly with AMMs without the need for counter-parties. AMMs provide predictable pricing and guaranteed on-chain liquidity through their pricing algorithm. These AMMs are designed to be completely neutral and collateralized in the market. PERP token holders can benefit from staking, where they are rewarded with a portion of the transaction fees in stable cryptocurrencies or PERP tokens.
The goal of Perpetual Protocol is to create the world’s best, most accessible, and most secure decentralized derivatives trading platform. The protocol aims to advance DeFi projects and pave the way for future development through collaboration and a democratic governance model. Perpetual Protocol features a native token designed to incentivize the user community. Unlike platforms like Uniswap and Balancer, which use AMMs for both token trading and price discovery, Perpetual Protocol uses AMMs solely for price discovery, allowing users to avoid leverage and short positions. Due to this distinction, the platform refers to its AMMs as “Virtual AMMs.”
PERP token is a native token designed to facilitate and incentivize the decentralized governance of the protocol. PERP token holders have voting rights proportional to their holdings, and Perpetual Protocol has designed an incentive structure to enhance governance participation.
Where to Buy PERP Coin?PERP Coin can be traded through Binance, the world’s largest cryptocurrency exchange by trading volume. Perpetual Protocol Coin is listed on Binance in the pairs PERP/BTC, PERP/BUSD, and PERP/USDT. As of the writing of this guide, the price of PERP stands at $7.39.
To purchase PERP Coin, one must first sign up on the Binance exchange. After completing the membership process, funds can be transferred to your account wallet in either cryptocurrency or fiat currency. Once a balance is added to your account wallet, you can trade in any of the three pairs mentioned above. Navigate to the interface of the selected pair for trading and enter the desired amount of PERP Coin in the quantity field under the limit tab. By entering the “Buy PERP” order, the purchase of PERP Coin is successfully completed.
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.
Perp Labs, the core development team behind Perpetual Protocol and Nekodex, has launched a new campaign aimed at rewarding $PERP users through its flagship DeFi app, Nekodex. Starting this week, users who hold or trade $PERP can earn daily rewards — no staking, farming, or lockups required. This marks the first major utility upgrade for $PERP in years.
Perpetual Protocol is one of the earliest and most established decentralized perpetual futures protocols in DeFi. Since its launch in 2020, it has facilitated over $25 billion in trading volume and helped define what modern decentralized derivatives look like. Now, with this campaign, its native token $PERP is gaining fresh utility.
The campaign is powered by Nekodex, which brings the ecosystem into its next phase: a gasless, seedless, and chain-abstracted DEX experience.
Nekodex is a cross-chain crypto dApp that leverages advanced account abstraction and chain abstraction to eliminate the traditional pain points of DeFi. It delivers a smooth, intuitive user experience designed for the mobile-first generation. Since launch, Nekodex has onboarded over 41,000 users and currently sees between 4,000 to 5,000 daily active users — quietly setting a new benchmark for usability in the DeFi app space. With its upcoming V2 release, Nekodex will expand beyond EVM to support Solana, Sui, and BNB Chain, further solidifying its position as one of the most user-friendly and technically advanced crypto apps on the market.
This rewards campaign officially went live on April 12, 2025, and features three core reward mechanisms specifically designed for $PERP users, allowing token holders to directly and continuously benefit from the platform’s activity and growth:
1. Hold & Trade to Earn
Users can earn daily rewards simply by holding or trading $PERP on Nekodex. Rewards are automatically calculated and distributed based on user wallet activity and holdings; the process is simple and transparent.
2. Surplus Bonus
Nekodex trading includes a system called surplus, where users receive a portion of the positive price difference when trades execute more favorably than previewed. $PERP holders now earn an increased share of this surplus, up to 50% for users holding 5,000 or more tokens.
3. Binance Square Campaign
To boost visibility, Nekodex is encouraging users to post about $PERP and Nekodex on Binance Square. Verified posts will earn 10,000 Nekocoin instantly as part of a limited-time social quest.
As DeFi shifts toward more user-centric, mobile-native experiences, Nekodex is positioning itself at the forefront of this evolution. And now, $PERP holders can directly benefit from the platform’s growth and community momentum.
At the same time, Perp Labs’ pace of innovation has not stopped. The development team has revealed that more exciting product innovations are currently in the pipeline — including an AI-powered, on-chain prediction market. These new products are expected to further enrich and expand the overall ecosystem under the $PERP token umbrella, bringing users more diversified application scenarios and value capture opportunities.
Don’t Miss Out This campaign is live now and rewards are distributed to eligible users. To participate, visit: app.nekodex.org
Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.
Hyperliquid Strategies is taking a major step to strengthen its presence in the decentralized finance (DeFi) ecosystem. The firm plans to raise up to $1 billion to expand its holdings of the Hyperliquid (HYPE) token, which powers the world’s largest decentralized derivatives platform.
In brief Hyperliquid Strategies to raise $1B via 160M share offering advised by Chardan Capital Markets. Funds will expand HYPE token holdings and support general corporate initiatives post-merger. HYPE token surged 10% to $39.73, outperforming a declining crypto market amid mixed technicals. Hyperliquid leads DeFi perps with $317.6B in October volume, capturing a 70% market share. According to Wednesday’s S-1 registration filing, Hyperliquid Strategies intends to issue up to 160 million shares of common stock. The proceeds will be used primarily to purchase additional HYPE tokens and for general corporate purposes. Chardan Capital Markets will serve as the financial advisor for the offering.
The company is emerging from a merger between Nasdaq-listed biotech firm Sonnet BioTherapeutics and Rorschach I LLC, a special purpose acquisition company (SPAC). Once the merger is finalized, David Schamis will serve as CEO, while Bob Diamond, former CEO of Barclays, will take on the role of chairman.
Treasury Play Pushes HYPE Higher Amid Mixed Technicals Unsurprisingly, news of the filing triggered a surge of more than 10% in the HYPE token, which climbed to $39.73. Interestingly, this rally came even as the broader crypto market slipped 0.6% during the same period.
Despite the sharp uptick, underlying market data paint a more cautious picture:
Market Sentiment: Hyperliquid’s price outlook remains bearish, reflecting investor caution. Investor Mood: The Fear & Greed Index stands at 27 (“Fear”), signaling weak market confidence. Performance Metrics: The token recorded 13 green days out of 30 (43%), suggesting limited short-term strength. Token Supply: Only 34% of the total HYPE supply is in circulation, pointing to limited liquidity. Technical Indicator: Despite subdued sentiment, HYPE continues to trade above its 200-day simple moving average, indicating that long-term support remains intact. Once the merger is complete, Hyperliquid Strategies is expected to hold 12.6 million HYPE tokens valued at roughly $470 million, along with $305 million in cash earmarked for additional token purchases.
This position would make Hyperliquid Strategies the largest corporate holder of HYPE, underscoring its alignment with the Hyperliquid network—a platform anchoring one of the most active decentralized derivatives exchanges globally.
Hyperliquid Outpaces Competitors as October Perpetual Volumes Hit $1 Trillion While such treasury-driven strategies can boost share prices in the short term, analysts have questioned their resilience during altcoin market downturns. Even so, Hyperliquid’s core fundamentals remain strong, supported by high trading activity and growing user engagement.
The platform leads the market in perpetual futures (“perps”), derivatives that enable 24/7 trading and leveraged exposure to digital assets.
Here are some key market data to note:
Decentralized perpetual trading volumes surpassed $1 trillion in the first 23 days of October, breaking September’s $772 billion record, according to DeFiLlama. Hyperliquid maintained its lead with $317.6 billion in trading volume during the same period. Competitors: Lighter recorded $255.4 billion, Aster $177.6 billion, and edgeX $60.6 billion. Market Share: Hyperliquid now commands an estimated 70% share of the decentralized perpetuals market, reinforcing its dominance in the sector. Hyperliquid continues to set new benchmarks in DeFi, reporting $248 billion in 24-hour trading volume in May 2025 and a record $106 million in revenue in August—further solidifying its leadership in decentralized derivatives.
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James G.
James Godstime is a crypto journalist and market analyst with over three years of experience in crypto, Web3, and finance. He simplifies complex and technical ideas to engage readers. Outside of work, he enjoys football and tennis, which he follows passionately.
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The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
PANews reported on October 29 that, according to an official announcement, Binance has decided to cease trading and delist the following cryptocurrencies at 11:00 AM (UTC+8) on November 12, 2025: Flamingo (FLM), Kadena (KDA), and Perpetual Protocol (PERP).
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Binance Alpha to List Nesa (NES) at 20:00 Tonight, Threshold Set at 200 Points
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06/24/2026, 03:31 AM
Binance Alpha to List Nesa (NES) Today
PA一线
06/24/2026, 03:01 AM
Binance to support planned upgrade for stock trading service on June 27
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06/23/2026, 12:58 PM
A newly created wallet withdrew 1,683 BTC from Binance, worth approximately $105 million
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Binance, the world's largest cryptocurrency exchange, started the day with altcoin delisting news.
At this point, Binance announced that it has delisted the altcoins Flamingo (FLM), Kadena (KDA) and Perpetual Protocol (PERP).
“At Binance, we periodically review every digital asset we list to ensure it continues to meet high standards and industry requirements.
When a coin or token no longer meets these standards or industry conditions change, we potentially remove it from the exchange.
Based on our latest reviews, we have decided to delist all spot trading pairs for the following altcoins and halt trading as of 12/11/2025 03:00 UTC:
Flamingo (FLM), Kadena (KDA) and Perpetual Protocol (PERP)
Spot trading pairs of the aforementioned altcoins will be removed. All trading orders will be automatically removed once trading on each trading pair is completed.
Withdrawals of these altcoins from Binance will not be supported after 2025-01-12 03:00 (UTC).
Delisted altcoins can be converted into stablecoins on behalf of users after 03:00 UTC on 13.01.2026.
Following the news, there was a pump in the FLM price, while there were significant decreases in KDA and PERP prices.
*This is not investment advice.
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Aster, a decentralized perpetuals exchange, surged over the weekend after Binance founder Changpeng “CZ” Zhao revealed a personal investment of more than $2 million in its native token. His entry into the project reignited market excitement, drawing investors back to the fast-growing DeFi platform and reaffirming his lasting influence over digital-asset markets.
In brief CZ invests over $2M of personal funds in Aster, sending its price soaring from $0.91 to above $1.20 within an hour. Aster surpasses Hyperliquid with $70B in weekly trading, cementing its place as a top decentralized perpetuals exchange. CZ’s post-pardon comeback boosts sentiment across DeFi, signaling a revival of institutional and retail crypto confidence. Aster’s transparency tools and Layer-2 integrations enhance credibility, driving renewed trust and trading activity. Changpeng Zhao’s Personal Investment Triggers Aster Price Rally Zhao announced the purchase in a post on X, saying he had bought Aster with his own funds on Binance and that he viewed himself as a long-term holder rather than a trader.
Following his post, Aster’s price jumped from around $0.91 to over $1.20 within an hour, according to market data. A surge in trading volume accompanied the sharp rise as market participants quickly followed CZ’s lead.
Aster’s close ties to YZi Labs—Zhao’s family office—drew additional attention to the project. The connection strengthened investor confidence in Aster’s foundations and its expanding role in decentralized perpetual trading.
Aster Emerges as a Leader in the Expanding Perpetuals Market Perpetual exchanges have emerged as one of 2025’s standout growth sectors, and Aster is now positioned among the leaders. It recently surpassed Hyperliquid in reported trading volumes, logging more than $70 billion in transactions over a seven-day span, according to The Block data.
Earlier this year, questions over data accuracy surfaced when DefiLlama founder 0xngmi temporarily removed Aster’s metrics, citing verification challenges. The data was later reinstated after new monitoring systems were deployed to improve the tracking of decentralized-exchange volumes.
As scrutiny eased, traders began to reassess Aster’s strength and market position. Zhao’s investment amplified that focus, highlighting several key factors behind the protocol’s rise:
High trading throughput: Processes billions in daily volume through on-chain settlement. Deepening liquidity: Growing participation from major market makers supports stronger price stability. Community governance: Token holders have direct input on protocol fees and incentive structures. Cross-chain compatibility: Integrations with leading Layer-2 networks improve access and efficiency. Transparency upgrades: New verification tools help validate reported trading data. These features have strengthened Aster’s credibility and helped it capture a larger share of the perpetual-trading market.
Market Sentiment Shifts as CZ Reclaims Spotlight Following Pardon Zhao’s return to the public stage represents a significant turning point for crypto. After resigning as Binance CEO and serving a four-month U.S. prison sentence for banking-law violations, he received a presidential pardon from Donald Trump on October 23—a move that swiftly reshaped sentiment toward both him and his affiliated projects.
White House Press Secretary Karoline Leavitt described the pardon as the end of what she called the previous administration’s “war on cryptocurrency.” Market analysts viewed it as a signal of easing regulatory pressure and a potential revival of institutional interest.
Both Aster and Binance’s BNB token responded immediately. Aster climbed to $1.07, while BNB gained more than 5%, reaching $1,123. Despite Aster’s Fear & Greed Index reading of 42, investor enthusiasm appears to be returning.
Sunday’s surge reinforced Zhao’s continuing ability to move markets. With his re-emergence in the public eye and Aster’s growing momentum, the decentralized-perpetuals sector may be entering a new phase of renewed confidence and attention.
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James G.
James Godstime is a crypto journalist and market analyst with over three years of experience in crypto, Web3, and finance. He simplifies complex and technical ideas to engage readers. Outside of work, he enjoys football and tennis, which he follows passionately.
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The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
As of January 29th, DefiLlama data shows trading volumes across major perpetual DEXs have all climbed, with Aster’s volume surging over 70% to claim the second spot. Hyperliquid retains its top position, as its trading volume and Total Value Locked (TVL) have risen in tandem. Hyperliquid’s open interest remains at a relatively high level following yesterday’s uptick, and the volume surge may largely stem from passive position unwinding tied to market volatility over the past 24 hours. Below is the current 24-hour trading volume, TVL, and open interest for key Perpetual Protocol-based DEXs: - Hyperliquid: ~$9.26B volume, ~$4.59B TVL, ~$8.68B open interest - Aster: ~$4.26B volume, ~$1.21B TVL, ~$2.54B open interest - Lighter: ~$3.97B volume, ~$0.982B TVL, ~$1.36B open interest - EdgeX: ~$3.08B volume, ~$240M TVL, ~$1.05B open interest - Graviton (Grvt): ~$2.24B volume, ~$96.37M TVL, ~$527M open interest - Extended Protocol: ~$1.87B volume, ~$2.09B TVL, ~$3.79B open interest - Pacifica: ~$0.905B volume, ~$43.15M TVL, ~$82.50M open interest
Relevant content
BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.
BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.
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Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.
Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.
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Japan and South Korea's stock markets closed higher across the board, with Japan's stock market hitting a new closing high.
According to Bitget market data, the Nikkei 225 index closed up 3,191.37 points, or 4.61%, at 72,366.34 points on Thursday, June 25, hitting a new all-time closing high. South Korea’s KOSPI index rose 459.76 points (5.43%) to end at 8,930.78 points; SK Hynix surged 13% while Samsung Electronics gained more than 5%.
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A newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
According to monitoring by Onchain Lens, a newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
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JPMorgan Chase raised its S&P 500 target to 7,800 points, while warning of an overcrowded AI trade.
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Preview: The U.S. May core PCE data will be released at 20:30 tonight, and is projected to hit its highest level since October 2023.
The Fed’s key inflation gauge, the Personal Consumption Expenditures (PCE) price index, will be released at 20:30 tonight, with markets expecting a sharp rise in May inflation that could reignite rate hike bets. The headline PCE year-over-year growth rate is projected to hit 4.1% in May, up from 3.8% in April and marking its highest level since 2023. Core PCE, which excludes food and energy, is forecast to rise to 3.4% year-over-year, up from 3.3% in April and its highest reading since October 2023. Core PCE has remained above the Fed’s 2% inflation target since 2021. The recent short-term inflation uptick was driven mainly by surging gasoline prices amid the Iran conflict in May. Oil prices have since edged lower following the signing of a peace deal between the U.S. and Iran, but core inflation has strengthened in tandem, indicating that price pressures are not solely tied to geopolitical oil shocks. Data from the CME FedWatch Tool shows that as of Wednesday, markets are pricing in a 34% probability of a 25 basis point rate hike in July. Aditya Bhave, U.S. economist at Bank of America Securities, noted that the recent inflation rebound stems in part from tariffs and one-off disruptions, but successive supply shocks have eroded the Fed’s patience, while deflationary room in the housing sector has largely been exhausted. Data shows that core PCE dipped to 2.6% in April, its lowest level since 2022, but annualized core PCE growth over the past three and six months has hovered near 3.8%.
Rocket Pool (RPL), a decentralized liquid staking protocol that allows users to earn rewards on their Ethereum (ETH) holdings, extends its rally by 40% on Tuesday after rallying 37% in the last two days. Coinglass data support this price rally as RPL’s open interest reaches record levels. Moreover, RPL announced that the first on-chain vote to revise the governance thresholds of its Protocol DAO was live.
Rocket Pool price extends double-dight gains Rocket Pool price broke above the descending trendline drawn by connecting multiple highs since early December and rallied 31.5% on Sunday. RPL retested, found support around the trendline, and continued its rally by 4.22% on Monday. At the time of writing on Tuesday, it trades higher by over 40%, breaking above its weekly resistance of $9.42.
If RPL closes above its weekly resistance of $9.42, it will extend the rally to retest its next daily resistance at $13.26.
The Relative Strength Index (RSI) reads at 68, above its neutral level of 50 and points upwards, indicating strong bullish momentum. Moreover, the Moving Average Convergence Divergence (MACD) indicator showed a bullish crossover on Sunday, giving a buy signal and hinting at rally continuation.
RPL/USDT daily chart
Rocket Pool’s Open Interest (OI) further supports the bullish outlook. Coinglass’s data shows that the futures’ OI in RPL at exchanges rose from $2.30 million on Sunday to $15.92 million on Monday, reaching a new all-time high (ATH). An increasing OI represents new or additional money entering the market and new buying, which suggests a rally ahead in the Rocket Pool price.
RPL open interest chart. Source: Coinglass
Moreover, earlier in February, RPL announced that the first on-chain vote to revise the governance thresholds of its Protocol DAO (pDAO) was live. The voting aims to lower the quorum needed for proposals and vetoes, which are part of their ongoing governance process. This aims to adjust how decisions are made within the Rocket Pool ecosystem, making governance more agile or shifting the balance of power in decision-making.
Following the successful onchain initialisation of all node operators, a vote is now underway to revise two key onchain Protocol DAO quorums downwards:
⬇️ Proposal from 30% to 15%
⬇️ Veto from 51% to 20%
Node operators can review RPIP-64 & vote now: https://t.co/QD84XJ1FkN pic.twitter.com/Al4uNE6cuo
The Ethereum liquid staking protocol’s RPL token has surged by over 50% in the last three days.
Rocket Pool, an Ethereum-based liquid staking protocol, has been on a tear recently, with its RPL token surging 20% in the past 24 hours and over 50% in the last week.
The rally comes as the protocol gears up for its Saturn upgrade, which includes an overhaul of RPL’s tokenomics in a bid to drive more value to the token.
“Saturn devnet-1 is live! The future of Rocket Pool is on its way,” the general manager of Rocket Pool announced in a Feb. 11 X post.
RPL PriceAccording to Coinglass data, futures open interest (OI) for RPL surged from $2.3 million on Feb. 8 to $15.93 million on Feb. 9, when the rally began. RPL's open interest currently stands at $15 million. This influx of new capital indicates strong market confidence and potential for further upside.
Rocket Pool is the second largest decentralized Ethereum liquid staking protocol after Lido, with nearly $2 billion in total value locked (TVL), according to DeFiLlama. Its RPL token trades at a $200 million valuation, according to Coingecko.
Rocket Pool’s recent governance reforms could also have increased investor confidence. Ahead of a transition to fully onchain governance, a vote is ongoing to revise Rocket Pool’s protocol DAO governance threshold and make governance more efficient and adaptable. The vote aims to lower the quorum for proposals and vetoes to enhance participation while maintaining decentralization.
Rocket Pool is set to introduce a slew of new features this year, including megapools, which will aggregate smaller staking pools into larger ones to boost efficiency and scalability, and a dynamic fee split between node operators and the protocol.
Rocket Pool price has surged 29% in the past 24 hours to break above $6, with this coming amid a 150% spike in open interest.
As several altcoins rose alongside Ethereum (ETH), holders of the native token of decentralized Etherum staking protocol Rocket Pool (RPL) witnessed an impressive 29% price increase. The 24-hour gains extended the uptick from support below $5 for RPL.
Notably, the liquid staking protocol’s gains came with a massive 800% increase in daily trading volume. Data from Coinglass also showed Rocket Pool commanding a 150% jump in open interest. OI is a metric analysts use to gauge market sentiment around a particular token, with factors such as liquidity and likely price movements also notable.
The surge in RPL futures open interest highlights the confidence traders are showing in the altcoin. Per Coinglass, the Rocket Pool open interest stood at over $22.5 million on June 3, 2025 – up from under $9 million on May 31.
Rocket Pool’s integration with Chainlink to allow for users to transfer the liquid staking token Rocket Pool ETH between Ronin Network and Ethereum, is also a key recent development.
According to DeFiLlama, Rocket Pool has over 690k in staked ETH and more than $1.8 billion in total value locked. The Chainlink integration that brings cross-chain token transfers for rETH expands this capacity.
RPL is retesting the price level last seen in mid-May, and a breakout brings the psychological $10 level into view.
Rocket Pool price chart from crypto.news As well as the rally for ETH boosting related tokens such as Aave, Lido DAO and Arbitrum, Rocket Pool has moved higher after bears staged a comeback around $5.79.
Coinbase adding trading support for RPL in Germany alongside other seven tokens had helped Rocket Pool price hit the resistance line. New momentum means buyers may be on the verge of another leg up above $6.
RPL price reached highs of $12 on February 11, 2025.
Rocket Pool RPL is surging, adding 30%. Strengthening Ethereum prices played a role, but the team is also shipping updates ahead of the Saturn upgrade. Rocket Pool TVL is up 43% in one month. Will RPL break $10?
Yesterday, without any apparent reason or fundamental trigger, UNI, the governance token of the major DEX Uniswap, surged above $7 before cooling off.
Meanwhile, top DeFi tokens like MKR, the governance token of the Sky Protocol (formerly Maker), also climbed, posting double-digit gains.
As these leading DeFi tokens rose, attention shifted to another key Ethereum player critical to decentralizing the first smart contracts platform: Rocket Pool.
DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in May 2025
RPL Crypto Surges 30% The native token powering Rocket Pool, RPL, soared nearly 30% in 24 hours, extending gains from early June and solidifying its position among the top 30 largest DeFi protocols by total value locked (TVL).
According to Coingecko data, RPL gained against the greenback, ETH, BTC, and some of the best cryptos to buy.
Technically, there is room for growth.
With RPL adding nearly 30% yesterday, buyers are eyeing resistance levels at $7 and $10. If this psychological barrier is broken and RPL reaches new Q2 2025 highs, there is a high probability that the token could double to $20 in late H1 2025 or early H2 2025.
DeFiLlama data shows that Rocket Pool is the 26th largest DeFi protocol, managing over $1.7 billion in assets on Ethereum. With rising prices, its TVL increased 1% in 24 hours.
(Source)
However, the surge in inflows over the past month stands out, with the Rocket Pool TVL rising by 45%, outpacing most protocols in the top 30.
Raydium, the DEX powering Solana token swaps, saw a 42% TVL increase in the last month, signaling that traders may be returning to trade some of the best Solana meme coins.
Meanwhile, Morpho, EigenLayer, and Pendle also drew massive inflows, pushing the total DeFi TVL to $113 billion.
Will ETH Help Sustain Momentum? Interest in Ethereum staking may explain this revival.
Notably, the spike in the Rocket Pool TVL coincided with a surge in ETH prices in May.
The second most valuable crypto broke above $2,000 before accelerating to nearly $2,800. Although prices have stabilized above $2,400, there are hints that buyers are accumulating, and a breakout above $3,000 is inevitable.
On June 3, institutions in the United States purchased over $109 million worth of spot Ethereum ETF shares, increasing their holdings to over $9.8 billion, representing roughly 3% of the Ethereum market cap.
(Source)
If Ethereum prices rise, Rocket Pool’s TVL will likely expand, boosting RPL demand. This momentum could be further fueled by positive ecosystem developments in recent weeks.
Over $14m worth of ETH was staked with Rocket Pool yesterday, fully clearing the validator minipool queue!
If you're thinking about becoming a node operator, now could be a good time to start – you just need 8 ETH, with $RPL optional to earn more commission pic.twitter.com/UUbOPe72q0
— Rocket Pool (@Rocket_Pool) May 25, 2025
DISCOVER: Top 20 Crypto to Buy in May 2025
What’s Driving Rocket Pool Demand? Analysts are closely monitoring progress on the upcoming Saturn Upgrade.
Ahead of this key update, the team has released smart contracts for Saturn devnet-3 and is working on the Smart Node stack. Additionally, developers are preparing devnet-4, which, though less complex, will play a pivotal foundational role in the release scheduled for late Q3 2025.
The team has also completed an internal code review for Saturn and is now engaging external blockchain security firms to audit the code thoroughly before the upgrade.
Security before deployment is critical because Saturn will introduce scaling features, including “Megapools,” which aim to improve validator throughput and dynamic fee splits to enhance protocol efficiency and RPL utility.
Beyond Saturn, Rocket Pool updated its Smartnode software in April and May to ensure compatibility with Ethereum’s Pectra hard fork. The team addressed concerns about client integration, relay processing, and validator reliability, enabling node operators to continue staking on Ethereum with minimal disruption.
The increasing interoperability with other DeFi protocols could also drive RPL prices. With expanded use cases for rETH, holders stand to benefit, encouraging more adoption of Rocket Pool.
rETH <> wETH liquidity pool is LIVE!
Provide liquidity, earn rewards ⚔️
• Get ETH staking yield on Ronin
• Earn boosted rewards in the Ronin Blitz
• Combine rETH with other DeFi primitives
Provide rETH liquidity on Katana now 👇
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Here’s what’s… pic.twitter.com/UkZe4XVjjK
— Ronin (@Ronin_Network) May 23, 2025
After joining the Balancer Alliance Program, which unlocks revenue sharing for rETH/ETH, Rocket Pool also integrated with the Ronin Network, adopting Chainlink’s CCIP.
DISCOVER: 15 Next Crypto to Explode in 2025: Expert Cryptocurrency Predictions & Analysis
Rocket Pool RPL Up 30%, Ethereum Steady: Are DeFi Tokens Back? RPL is up 30%; will the token push above $10? Rocket Pool DeFi TVL up over 45% in one month Developers shipping updates ahead of the Saturn upgrade Ethereum staking boom and rising ETH demand driving DeFi tokens #Altcoin News Today #Ethereum (ETH) News Today #DeFi
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Lido DAO is currently facing pressure from multiple directions: declining market share, organizational restructuring, technical concerns, and a surge in withdrawal demand.
Lido continues to play a significant role in the Ethereum ecosystem. However, to sustain its influence, it must show greater adaptability, innovation, and transparent governance than ever.
Lido, Ethereum’s largest decentralized staking platform, has recently shown several concerning signals. According to data from Dune, Lido’s share of ETH staking has dropped to just 24.6%, the lowest point in the past three years. This represents a significant shift, particularly for a protocol that once was dominant in Ethereum’s liquid staking landscape.
Lido market share. Source: DuneThis decline could stem from multiple factors, including growing competition from rivals like Rocket Pool or staking solutions integrated directly by major exchanges like Coinbase. The Ethereum community actively prioritizes decentralization. This raises questions about whether a protocol controlling numerous validators aligns with Ethereum’s long-term vision.
Beyond its shrinking market share, Lido recently disclosed a vulnerability in the RageQuit mechanism of its “Dual Governance” (DG) system. While the project team confirmed that no user funds were affected and mitigation steps have already been taken, this serves as a reminder that even major protocols are not immune to technical issues that may arise during operations.
In addition, the ETH withdrawal queue on Lido has reached its highest level since withdrawals were first enabled. Data from Dune shows that ETH pending withdrawal is nearly 143,000. Although this number has decreased from its all-time high at the end of July, it still reflects a shift in confidence among some users, especially as more flexible or secure staking alternatives emerge.
Lido ETH withdrawal queue. Source: DuneIn this context, Lido has officially confirmed that it will reduce its contributor team by approximately 15%. According to a public statement by co-founder Vasiliy Shapovalov on platform X (formerly Twitter), this decision was made to ensure the organization can operate more efficiently and adapt to the changing market trends.
“This decision was about costs — not performance. It affects incredibly talented people who helped shape the protocol and community.” Vasiliy Shapovalov shared on X.
Downsizing the team does not necessarily signal a crisis. However, it indicates that leadership is reassessing its human capital strategy, particularly as key performance metrics struggle to sustain prior growth trends. The protocol is entering a pivotal proving ground amid fast-moving technological and cultural shifts.
The AxCNH, a Chinese Yuan-pegged stablecoin issued by AnchorX, was officially launched on September 17, 2025 in Hong Kong. BDACS also launched KRW1, a South Korean Won-pegged stablecoin, the following day.
Why do these moves matter? Because the crypto race is heating up.
While America’s new federal stablecoin framework (the GENIUS Act in 2025) sets strict issuance and transparency rules, countries like Hong Kong and South Korea are also accelerating regulatory frameworks to oversee stablecoin activity.
Retail users also stand to gain. Putting fiat on-chain enables near-instantaneous 24/7 cross-border settlement and brings smart contracts into the mix. This not only reduces correspondent-bank friction, but allows for programmable FX flows (like atomic swaps and other DeFi uses).
And with stablecoins redefining how money moves, lightweight crypto apps like Best Wallet provide an accessible gateway to onboard more people into the crypto world.
Powering the Best Wallet ecosystem, Best Wallet Token ($BEST) has already secured over $16M in its presale as a statement to this market shift.
Currently in phase 2 of its roadmap, this crypto project bridges the gap between crypto and CeFi with effortless onramping, multi-chain support, low-cost swaps, and more features like derivatives trading and a debit card in the pipeline.
Stablecoin Market Heats Up: What AxCNH and KRW1 Mean for Global Crypto Growth Unlike traditional financial systems, the blockchain never sleeps. With no business hours or potential correspondent delays to tie it down, both individuals and businesses trading on-chain benefit from a reliable, around-the-clock solution.
This also makes currency faster and more easily accessible, even for cross-border payments or transfers, giving people real reasons to use blockchain over legacy systems.
More importantly, being fiat-backed and overcollateralized, these stablecoins align with global regulatory expectations, raising institutions and retail users’ trust and confidence to embrace crypto.
Unlike traditional financial systems, stablecoins also rely on oracle networks like Chainlink, which enable real-time, tamper-resistant data and automated, trustless smart contracts for lending and DeFi trading.
Source: Chainlink’s post on X For newcomers still uncertain about entering the crypto landscape, stablecoins offer a familiar entry point, as they resemble fiat currencies and create a safe environment for traders to operate without concerns about volatility.
With that base, it becomes easier to explore other digital assets and DeFi applications. This is where Best Wallet and Best Wallet Token ($BEST) also come in as beginner-friendly crypto tools with building momentum behind them.
Best Wallet Makes Crypto Easy While Its Native $BEST Token Raises $16M+ in Presale Best Wallet is one of the leading hot wallets built to outperform legacy wallets like MetaMask.
It provides traders with a streamlined multi-chain hub that directly supports top networks like Bitcoin, Ethereum, Solana, BSC, and Base (with 60+ more chains coming in the near future). Some of the other perks of Best wallet include:
Non-custodial key management backed by Multi-Party Computation. You don’t have to worry about protecting your secret key, since it’s virtually unbreakable. Effortless cross-chain moves, available in one dashboard – think Ethereum staking through Lido and Rocket Pool integrations or low-cost cross-swaps across dozens of DEXes. A built-in filter to hide suspicious tokens, which adds an extra security layer when exploring decentralized projects. Besides, the app’s WalletConnect compatibility allows you to connect to other external crypto platforms like derivatives exchanges and other dApps.
With this, you can leverage more advanced strategies and enable seamless yield farming across more ecosystems.
Best Wallet Token ($BEST) is the backbone of this ecosystem, engineered to reward loyal and early adopters.
By holding $BEST, you can benefit from reduced in-app transaction fees, early access to vetted new presales, and higher staking rewards in the app’s upcoming staking aggregator.
Best Wallet’s upcoming tokens feature is particularly attractive to degens hunting for new meme coin presales and other early-stage opportunities.
With all projects vetted and smart contract audits available, it’s easier than ever to find trusted projects and avoid honeypots or other scams.
$BEST also integrates trading incentives with governance, creating upside beyond speculation. By giving holders a direct role and voting rights on the app’s future direction, $BEST ensures its base stays loyal and active as the project’s roadmap progresses.
With rapid presale traction and ambitions to capture 40% wallet market share by 2026, $BEST offers plenty of room for growth.
Its fundraiser is still ongoing as the dev team is working behind the scenes to introduce more advanced features (like NFT support, a crypto debit card, and a staking aggregator coming in phase 3).
The $BEST token has already raised over $16M and continues to gain traction. The ICO has even attracted several whale buys of $70.2K, $50.9K, and $49.5K, further boosting confidence in the token.
$BEST is now trading at $0.025675, which means a $500 entry today might be worth around $685 by the end of 2025 if our expert $BEST token price prediction holds.
Zooming out, the potential upside looks even better under bullish conditions. By 2026, $BEST could hit $0.0510, pushing your $500 stack to about $995 (a 2x move), and $0.07 by 2030, growing your investment to ~$1,360 (7x higher).
On top of this, $BEST offers dynamic staking rewards (currently at roughly 83% APY). If the reward rate stays high in the upcoming months, you could be racking up around $915 on your $500 investment, without factoring in token price moves.
With momentum building, the next price increase drops in under 12 hours.
Visit the $BEST token presale to get ahead of the curve.
This is not financial advice. Please always do your own research before investing in cryptocurrencies.
Authored by Aaron Walker, NewsBTC — https://www.newsbtc.com/news/china-launches-first-stablecoin-adoption-spikes-best-wallet-gains/
PANews reported on September 25th that RockSolid, an institutional-grade liquidity vault startup, has secured $2.8 million in Pre-Seed funding led by Castle Island Ventures, with participation from Blockchain Builders Fund, GSR, Kindred Ventures, Rocket Pool, and the Stanford Blockchain Accelerator. The company also launched its first official rETH vault, integrated into Rocket Pool's front-end. The new funds will be used to expand its technical, operations, and marketing teams.
RockSolid's first product is a white-label, single-click rETH vault, directly integrated into the Rocket Pool staking application interface, providing holders with access to customized DeFi strategies. Nic Carter, founding partner of Castle Island Ventures, emphasized that this solution aims to lower the barrier to entry for institutional and community participation in DeFi. Currently, Rocket Pool is the third-largest decentralized staking protocol, with over $2.7 billion in locked value.
**RPL Jumps 62% Ahead of Rocket Pool’s Saturn One Upgrade** As per HTX market data on February 17th, RPL’s 24-hour price surge now stands at 62%, with a market cap of $62 million and a current price of $2.80. The community is dubbing Rocket Pool’s largest-ever protocol upgrade—Saturn One—a "turning point." The upgrade will go live on the Ethereum mainnet at 00:00 UTC on February 18, 2026 (8:00 AM Beijing Time / 12:00 AM UK Time). Key upgrade highlights (benefiting RPL holders and protocol growth): - **RPL Fee Switch Activates**: A portion of the protocol’s ETH revenue will now flow to RPL stakers, enabling true value capture. RPL shifts from pure governance/staking to a "dividend" model. - **Node Entry Barrier Halved**: Minimum ETH for node operators drops to 4 ETH (from 8 ETH), expected to attract more nodes and boost TVL/rETH adoption. - **Megapools Launch**: Larger pools for node operators improve capital efficiency, cut gas costs, and enable adjustable commissions. - **rETH & Inflation Updates**: Liquid staking token rETH gets an enhanced user experience; RPL inflation will gradually decrease, supporting long-term value.
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BCA Research raises its S&P 500 target to 8,100 points, with AI remaining a core variable.
BCA Research has become the latest strategy firm to raise its US stock market target, reflecting Wall Street’s growing optimism about earnings support for US equities in the second half of the year. The institution lifted its year-end S&P 500 target from 7,700 points to 8,100 points. BCA’s core view is that first-quarter corporate earnings exceeded expectations in both strength and breadth, and the US economy has re-entered an expansion phase. Similar to JPMorgan Chase, BCA believes this stock rally is not only driven by valuation expansion—earnings themselves are delivering the index’s gains. AI remains the core variable in this assessment. Large tech firms including Alphabet, Microsoft, Amazon, Meta and Oracle continue to increase capital spending on data centers and AI infrastructure, driving growth in orders for chips, servers, construction, power and related industrial chains. This provides a clearer fundamental basis for upward revisions to 2026 and 2027 earnings. The institution points out that risks exist: the earnings expansion brought by AI investments has already been quickly priced into the market. If subsequent returns on capital spending are questioned, or interest rates remain elevated, further upside for the index will require more earnings confirmation rather than relying solely on investor risk appetite.
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Tom Lee: Markets have nearly priced in two interest rate hikes from the Federal Reserve this year, and the rise in US Treasury yields is weighing on market sentiment.
Tom Lee said the market is still digesting Kevin Warsh’s remarks from his first press conference last week and repricing the macro environment. Over the past week, oil prices have pulled back, with war premiums contracting. Current oil prices are not far from the roughly $65 level seen before the conflict, indicating the market views related war risks as declining. On the other hand, 10-year U.S. Treasury yields continue to rise, now around 4.5%, higher than the pre-conflict level of roughly 4.2%. The main headwind the market has faced recently has shifted from oil prices to yields. Tom Lee noted that the market is not only focused on 10-year U.S. Treasury yields but also starting to price in potential additional interest rate hikes from the Federal Reserve. According to federal funds futures, the market is currently pricing in nearly two rate hikes this year. Bank of America further projected today that the Fed will raise rates three times this year, in September, October, and December respectively. Jeffrey Gundlach often emphasizes the importance of monitoring 2-year U.S. Treasury yields, as they typically lead the Fed and signal the central bank’s policy direction. Between 2023 and 2025, the relationship between 2-year U.S. Treasury yields and the federal funds rate indicated that the Fed’s policy was overly tight, requiring interest rate cuts. However, this relationship has recently reversed, meaning the Fed would need two rate hikes to catch up with 2-year U.S. Treasury yields. He believes that, at least for now, yields have become a headwind for the market.
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Japan and South Korea's stock markets closed higher across the board, with Japan's stock market hitting a new closing high.
According to Bitget market data, the Nikkei 225 index closed up 3,191.37 points, or 4.61%, at 72,366.34 points on Thursday, June 25, hitting a new all-time closing high. South Korea’s KOSPI index rose 459.76 points (5.43%) to end at 8,930.78 points; SK Hynix surged 13% while Samsung Electronics gained more than 5%.
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A newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
According to monitoring by Onchain Lens, a newly created wallet withdrew 17,675 ETH from Binance, valued at $28.58 million.
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JPMorgan Chase raised its S&P 500 target to 7,800 points, while warning of an overcrowded AI trade.
JPMorgan Chase has raised its year-end outlook for U.S. stocks, while cautioning investors that the overcrowding in AI-related momentum stocks is becoming the market’s most vulnerable segment. The JPMorgan strategy team led by Dubravko Lakos-Bujas lifted its 2026 year-end target for the S&P 500 from 7,600 to 7,800 points, citing continued upward revisions to corporate earnings expectations and nearly doubling of AI-related capital expenditures. The bank noted that consensus earnings expectations for both 2026 and 2027 have been revised up by roughly 10% since the start of the year, a magnitude typically only seen in the recovery phase after a recession or major shock. However, JPMorgan does not interpret this upward revision as a risk-free rally. The bank pointed out that low-quality growth stocks, speculative growth stocks, and second- and third-tier AI-related concept stocks have become "extremely overcrowded," and a pullout of capital could trigger a rapid correction. The strategists also noted that rising equity supply in the coming quarters and potentially tight monetary policy could cap further valuation expansion. On the allocation front, JPMorgan recommends a barbell strategy: holding high-quality growth stocks and stocks directly benefiting from AI on one end, and low-volatility, high-quality stocks as a portfolio buffer on the other. The bank remains bullish on tech, select industrials, utilities, defense, banks, and some healthcare growth stocks, but believes the market’s upward trajectory will not be linear.
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Preview: The U.S. May core PCE data will be released at 20:30 tonight, and is projected to hit its highest level since October 2023.
The Fed’s key inflation gauge, the Personal Consumption Expenditures (PCE) price index, will be released at 20:30 tonight, with markets expecting a sharp rise in May inflation that could reignite rate hike bets. The headline PCE year-over-year growth rate is projected to hit 4.1% in May, up from 3.8% in April and marking its highest level since 2023. Core PCE, which excludes food and energy, is forecast to rise to 3.4% year-over-year, up from 3.3% in April and its highest reading since October 2023. Core PCE has remained above the Fed’s 2% inflation target since 2021. The recent short-term inflation uptick was driven mainly by surging gasoline prices amid the Iran conflict in May. Oil prices have since edged lower following the signing of a peace deal between the U.S. and Iran, but core inflation has strengthened in tandem, indicating that price pressures are not solely tied to geopolitical oil shocks. Data from the CME FedWatch Tool shows that as of Wednesday, markets are pricing in a 34% probability of a 25 basis point rate hike in July. Aditya Bhave, U.S. economist at Bank of America Securities, noted that the recent inflation rebound stems in part from tariffs and one-off disruptions, but successive supply shocks have eroded the Fed’s patience, while deflationary room in the housing sector has largely been exhausted. Data shows that core PCE dipped to 2.6% in April, its lowest level since 2022, but annualized core PCE growth over the past three and six months has hovered near 3.8%.
Rocket Pool (RPL) price extends its gains, trading above $2.80 at the time of writing on Tuesday after rallying over 58% in the previous day. The upcoming Saturn One network upgrade on Wednesday, which introduces key improvements to the RPL network, has fueled renewed buying interest. On the technical side, bullish momentum suggests the rally may not be over yet as investors assess the impact of the upgrade.
Saturn One upgrade boosts sentimentRocket Pool announced that its Saturn One upgrade is scheduled for Wednesday at midnight UTC. This upgrade marks the most significant upgrade in the protocol’s history, introducing key improvements in scalability, capital efficiency and token economics.
Rocket Pool’s X post highlighted that Saturn One brings a range of benefits, including an RPL fee switch, 4ETH validators, MEGAPOOLS, and rETH improvements.
According to the Medium post, this upgrade will enable the RPL fee switch. This transforms RPL from an inflation-reward token to an ETH accrual token. The more RPL staked in the protocol, the more ETH it captures.
For rETH holders, the upgrade increases Rocket Pool’s capital efficiency, enabling the protocol to absorb much higher rETH demand. More node operators can join with less capital, creating more capacity for liquid stakers. In addition, the upgrade introduces 4 ETH MEGAPOOL validators. Node operators provide 4 ETH per validator, and the protocol allocates the remaining 28 ETH on behalf of rETH liquid stakers to total 32 ETH. Compared with minipools, this reduces investors’ bond requirement by half. With the same amount of ETH, investors can now run twice as many validators. This means higher commission for node operators and increased rETH minting capacity.
The network upgrade announcement has boosted investor sentiment, with Rocket Pool’s native token RPL surging more than 58% on Monday and trading at $2.80 as of Tuesday.
Rocket Pool Price Forecast: Bulls aiming for the $3.45 markRocket Pool price rallied more than 58% on Monday, closing above the 100-day Exponential Moving Average (EMA) at $2.42 that day. As of writing on Tuesday, RPL is trading at $2.80.
If RPL continues its upward trend, it could extend the rally toward the 200-day EMA at $3.45.
The Relative Strength Index (RSI) on the daily chart reads 77, above the overbought conditions, indicating strong bullish momentum. Moreover, the Moving Average Convergence Divergence (MACD) showed a bullish crossover on Saturday, further supporting the positive outlook.
RPL/USDT daily chartHowever, if RPL faces a correction, it could extend the decline toward the 100-day EMA at $2.42.
Lido DAO [LDO] has been showing price strength since the proposed buyback program in March came to an end.
At press time, the LDO price has surged over 17% in the past 24 hours, with trading volume jumping 129% to reach $100 million. Notably, activity and tightening of supply are also increasing.
Decoding LDO’s price rally Aggressive buys, as indicated by the daily trading volume spike, drove the rally. Moreover, activity and fundamentals contributed to the sentiment around LDO, leading to increased speculative trading.
Notably, the DAO has grown significantly, with Lido Finance surpassing Rocket Pool to become Ethereum’s top permissionless staking solution. The number of active validators has now surpassed 100, slightly ahead of Rocket Pool’s count.
Source: X Additionally, through a vote, the DAO passed their second buyback program proposal for LDO tokens. The plan involves acquiring LDO worth 10,000 ETH in 1,000 ETH increments.
Moreover, the Transfer Amount rose from 11.77 million LDO to 48.59 million LDO. This was more than a 4x increase in 24 hours, while Transfer Count nearly tripled from 641 to 1841. Such growth indicated growing network activity on the staking solution.
Source: Etherscan Currently, LDO is the largest permissionless staking solution for ETH in terms of the number of active validators and the ETH market cap. Its staked ETH market cap was $22.44 billion, followed by Kelp DAO and Rocket Pool at $1.62 billion and $932 million, respectively.
While most of the metrics were bullish on LDO presently, the price action did not have a defined directional bias.
Can LDO sustain the breakout? The charts showed that LDO had printed a double bottom pattern, and price action had broken above the neckline at $0.3366. The altcoin has been trading between the neckline and the bottom at around $0.2725.
Staying above the neckline would suggest a potential market structure shift, putting the $0.68 to $0.70 zone as a target for bulls. The Cumulative Volume Delta (CVD) peaked at 4.04 million LDO as of writing, which was the maximum buying pressure of the day.
However, a true shift would happen if LDO flipped the $0.33-$0.36 zone into support.
Source: LDO/USDT on TradingView The correlation with Ethereum [ETH] has increased to 0.85, indicating that as ETH approaches $2,400, LDO’s price is closely following suit.
Final Summary Lido surged 17% in the past 24 hours due to an increase in volume and the number of active validators and a buyback program. LDO price eyes $0.70, but only if bulls can keep the price above the neckline at around $0.33.
NuCypher, a decentralized encryption, access control, and key management system (KMS), serves as an encryption service for public blockchains. It offers end-to-end encrypted data sharing on public blockchains and decentralized storage solutions.
NuCypher allows users to share private data among a group of participants in general consensus networks, using proxy re-encryption (PRE) technology. According to NuCypher, this decryption technology makes it significantly more secure and protected than traditional blockchain projects based on public key encryption.
NuCypher (NU) is the native token used within the larger NuCypher network. Tokens are used to incentivize network participants to perform key management services and access authorization/revocation operations. NU tokens are also used to stake for operating a NuCypher worker node. The NuCypher network is protected against malicious activities and automatically cuts off the rewards for suspicious users.
On the other hand, NU is also used in the network to join the NuCypher DAO. The NuCypher DAO is the protocol that controls network parameters and smart contract upgrades. Users with NU stakes can also participate in the verification of DAO proposals.
Unlike most blockchain projects designed for better transactions, IoT operations, voting mechanisms, etc., NuCypher is created for other blockchains. It acts as a privacy layer for blockchains.
NuCypher provides a privacy infrastructure for the decentralized web with proxy re-encryption (PRE), threshold signatures (TSS), distributed key generation (DKG), and other threshold cryptography techniques.
Using the NuCypher network, users can conditionally grant and revoke access to data to multiple users simultaneously. NuCypher’s encryption service offers almost unparalleled security for sensitive data transfer, combining it with the trustless and censorship-resistant nature of traditional public blockchains.
NuCypher was co-founded by Mikhail Egorov (founder of Curve) and MacLane Wilkison. The technical review for NuCypher was first published in June 2017, but the test network was not released until November 2018.
Egorov previously served as NuCypher’s CTO. He is a security researcher, physicist, and scientist from the Moscow Institute of Physics and Technology.
How to Buy NuCypher Coin?NU Coin can be purchased quickly and securely through Binance, the world’s largest cryptocurrency trading platform in terms of trading volume. To buy NU Coin, one must first sign up for Binance and then send fiat currency. After sending a fiat currency like US dollars, one can buy NU Coin by trading it against Bitcoin (BTC), Binance Coin (BNB), Tether (USDT), and BUSD.
Furthermore, on Binance, users can place a buy order not only at market value but also at a lower value. For this, using the Limit tab and entering the amount and price you wish to buy at will suffice.
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.
NuCypher Coin (NU) is the native cryptocurrency of NuCypher, a privacy-focused project for blockchains.
What is NuCypher (NU)?NuCypher (NU) is a decentralized encryption service for blockchains with a cryptographic access control and key management system. NuCypher offers end-to-end encrypted data sharing on blockchains and decentralized storage solutions. The platform utilizes proxy re-encryption technology, allowing users to share private data among a set of participants within a public consensus network.
NuCypher, with its decryption technology, stands out from traditional blockchain projects based on public-key encryption by being far more secure and protective. NU is the native cryptocurrency used on the NuCypher network. NUs are used to incentivize network participants to perform key management services and contribute to authorization processes on the network.
NUs are also used for staking to operate a NuCypher node. The NuCypher network protects against malicious software and automatically slashes rewards from suspicious users. NU is used on the network to participate in the NuCypher DAO.
The NuCypher DAO is the protocol that controls the parameters and smart contract upgrades on the network. Users who hold NU can participate in the verification of DAO proposals.
Unlike most blockchain projects designed to serve various mechanisms, from better transactions to IoT operations, NuCypher is developed for other blockchains. NuCypher is a privacy layer for blockchains. The project provides a privacy infrastructure for decentralized web using proxy re-encryption and FHE technologies.
Where to Buy NU Coin?NU Coin can be safely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. NuCypher is traded on the Binance platform in NU/BTC, NU/BNB, NU/BUSD, and NU/USDT pairs.
To purchase NU Coin, you first need to become a member of the Binance exchange. Once the membership is complete, you should transfer cryptocurrency or fiat currency to your Binance wallet. After the transfer is completed, you can buy NU Coin in any of the four pairs mentioned above. For purchasing from the NU/USDT trading pair, first, navigate to the interface of this pair. On the NU/USDT interface, enter the desired amount in the field provided in the limit tab. After specifying the amount, the purchase is completed with the Buy NU order.
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.
