Enosys’ Liquity will enable XRP holders to mint overcollateralized stablecoins on Flare, with mechanisms to ensure the assets maintain values close to $1.
The Web3 software development entity Enosys has introduced a new type of stablecoin loan to the interoperability layer-1 network, Flare. These loans are backed by Ripple’s native cryptocurrency, XRP.
According to a press release sent to CryptoPotato, a Collateralized Debt Position (CDP) protocol will power the loans. It will allow XRP holders to mint overcollateralized stablecoins on Flare.
First XRP-backed Stablecoin Loans on Flare Enosys explained that the XRP holdings will back the stablecoins, ensuring they maintain a value close to $1. Through this approach, XRP holders can access the value of their assets without having to sell them.
The CDP protocol to be deployed on Flare is called Liquity. Enosys claims Liquity is one of the most tried and trusted protocols in the decentralized finance (DeFi) sector. Since its launch in 2021, the network has secured billions of dollars in collateral and kept its stablecoin peg amid extreme market conditions.
One mechanism at the core of Liquity’s success is the protocol’s stability pool. The pool allows users to stake their stablecoins for yield coming from mint fees, liquidation rewards, and interests paid on loans. This mechanism makes sure the protocol can cover outstanding debt in the event of liquidation.
Enosys will release a fork of Liquity V2 on Flare, maintaining the features that made the first version trusted. The only changes made will be upgrades like protocol-incentivized liquidity, capital efficiency, and user-set borrowing rates.
Access to DeFi Yield Opportunities The alliance between Enosys and Flare will affect a select Flare-native tokens for now. They include Flare XRP (FXRP) and Wrapped Flare (wFLR). The companies intend to expand the capabilities to staked XRP (stXRP) soon, allowing Ripple holders to put their assets to work.
You may also like: XRP’s Price Could Explode to $8, But This One Zone Is Holding It Back 5 Reasons Why Bitcoin Just Crashed Below $63K as Liquidations Top $500M XRP’s Biggest Warning Sign Is Still Flashing Despite Easing Whale Activity Users can lock their FXRP on Flare and mint a stablecoin, which can provide liquidity and access to DeFi yield opportunities. While borrowers can set the annual percentage rate (APR) they’re willing to pay, lower rates come with a price. If the stablecoin falls below its $1 peg, loans with the lowest interest rates will be redeemed first.
“This is just the beginning. By bringing a proven model like Liquity V2 to Flare, we’re laying the foundation for stable, decentralized liquidity powered by XRP and enhanced by liquid staking,” the Enosys team stated.
Meanwhile, Enosys Loans will also be utilizing data from the Flare Time Series Oracle (FTSO) to implement decentralized collateral pricing.
According to Flare Network, there’s now a stablecoin backed with XRP running on Enosys Liquity V2. The announcement coincides with a new milestone for the XRP Ledger.
Enosys Brings Liquity V2 to Flare, Unlocking XRP Stablecoin The upgrade results in increased liquidity of XRP on the blockchain and expands its utility in the decentralized finance space. Initially, the stablecoin will be pegged to XRP on Flare (FXRP) with the Wrapped Flare token (wFLR) as collateral.
Holders can then transfer staked XRP (stXRP ) and other tokenized assets to Flare (FAssets). This system operates on the model of a Collateralized Debt Position. Thus, users have the opportunity to lock their digital assets and mint a stablecoin.
The first XRP-backed stablecoin comes to @FlareNetworks with @enosys_global Loans ☀️
→ Launching with FXRP and wFLR, then stXRP and other FAssets
→ Backed by Collateralized Debt Positions (CDPs) mechanism
→ @LiquityProtocol V2 friendly fork + Stability pools + FTSO-powered… pic.twitter.com/ehK8lbGuXl
— Flare ☀️ (@FlareNetworks) September 19, 2025
The design integrates core Liquity features, including decentralized pricing from Flare’s decentralized oracle system, known as the Flare Time Series Oracle (FTSO). The Enosys Liquity V2 is an autonomous borrowing system built on Liquidity Protocol version 2.
Liquity previously used Ethereum as collateral, but Enosys has now reworked its use on Flare with XRP. This approach has already seen adoption, with Everything Blockchain tapping Flare’s XRP DeFi framework for its crypto treasury.
Users can lock their assets in XRP and create stablecoins. This is made possible through Locked Asset Loans, Safety Funds, and Blockchain Price Feeds. Using these methods ensures that the stablecoin remains secure, transparent, and reliable.
Stablecoin Creates Greater Value as XRPL Accounts Surpass 7 Million With the introduction of this model on Flare, Enosys has launched the first on-chain debt protocol that works with XRP as collateral. The stablecoin gives XRP holders an additional use for their token.
Investors can also use their tokens to issue stablecoins instead of selling them for cash. The stablecoins generated from the XRP can be used for multiple purposes, such as payments, lending, trading, or earning interest in DeFi. The XRP Ledger is also emerging as a global settlement layer for stablecoins, strengthening its role in broader financial applications.
Such stablecoins can also be used to purchase NFTs, according to the CEO of Flare, Hugo Philion. Philion further stated that this enables the coin to be utilized in the digital economy.
The process unlocks liquidity while still allowing holders to retain long-term exposure to XRP. Participants will also gain reward Flare tokens (rFLR). This adds an incentive for adoption within the ecosystem.
The stablecoin launch comes at a time of expanding XRP network usage. Data from XRPScan shows that the number of active accounts on XRPL has crossed 7 million. This milestone highlights rising adoption across the ledger.
Enosys announced the upcoming launch of a new product called Enosys Loans, described as the first collateralized debt position protocol to leverage XRP as collateral for minting a stablecoin.
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The platform will operate on Flare, a layer-1 blockchain network that integrates smart contracts and decentralized data oracles.
Users can mint stablecoins by depositing FXRP, a wrapped version of XRP designed for use on the Flare network.
The launch reflects a broader trend of payment-focused cryptocurrencies like XRP being adapted for yield-generating DeFi activities.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Liquity V2's Safety Mode: What You Need to KnowMaintaining system health and resilience is very important for an autonomous system. Liquity V2 has a special feature called "Safety Mode" to support system solvency while maintaining decentralization. Here's a simple breakdown of how it works and what it means for you.
What is Safety Mode?Safety Mode kicks in when the overall health of a specific collateral branch (called the Total Collateral Ratio, or TCR) drops below a certain level known as the Critical Collateral Ratio (CCR). This means that Safety Mode can be triggered for one collateral branch while others remain unaffected. The CCR for the ETH branch is 150%, while the CCRs for rETH and wstETH are both 160%. You can monitor the conditions of each branch at: https://dune.com/liquity/liquity-V2
When Safety Mode is activated for a given branch, the system puts some extra restrictions in place to ensure full over-collateralization of the system. Importantly, borrower actions alone can not bring the system into Safety Mode. It can only be activated by branch interest accumulating, or the collateral price decreasing.
What Happens in Safety Mode?As a borrower, you are still able to:
Add Collateral: You can add more collateral to your Trove to help improve the TCR.Repay Debt: You can repay your debt to bring it down to the minimum level of 2000 BOLD. This helps reduce the overall debt in the system.Adjust your interest rate at least 7 days after your last adjustment. Interest rate adjustments are allowed as long as they are not “premature”, i.e. as long as they don’t incur an upfront fee and increase system debt.
The following operations are conditionally allowed:
1. Opening a Trove: the resulting TCR must be equal or greater than the CCR
2. Closing a Trove: the resulting TCR must be equal or greater than the CCR
3. Jointly adding collateral and minting new BOLD: the resulting TCR must be equal or greater than the TCR
4. Jointly withdrawing collateral and repaying debt: the collateral withdrawn must be matched by debt repayment on a 1:1 basis
The following operations are not allowed:
Adjusting interest rate prematurely: The system disallows a premature rate change, which would incur a fee. This would increase the debt in the system, and therefore immediately decrease the current TCRPurely withdrawing collateral Purely drawing new BOLD debt Although these restrictions do limit the ability to fully close positions, these funds remain in the system and are not lost. Once the TCR rises past the CCR again, the restrictions are lifted. If however the branch health continues to decline and the TCR falls below the branch’s “Shutdown Threshold” (e.g. due to a sharp collateral price collapse), then the branch will exit Safety Mode and actually shut down. In this case, all restrictions are lifted and borrowers may fully and immediately close their positions.
Why These Rules?The rules in Safety Mode have two main goals:
Preventing further issues: When the TCR is at or above the CCR, borrowers’ actions can't make the system's health worse.Improving system health: When the TCR is below the CCR, borrowers’ actions should help improve the system's health.ExamplesExample: Opening a New Trove allowed in Safety Mode
Situation- Collateral: $145m (in ETH)
- Debt: $100m (in BOLD)
- TCR = 145% (CCR in ETH branch = 150%)
Operation
- Alice deposits $7m worth of ETH and borrows $1m BOLD.
- After the action: collateral = $152m, debt = $101m
- TCR = 152 ÷ 101 × 100 ≈ 150.5 % → allowed (≥ 150 %).
Example: Opening a New Trove rejected because system would enter Safety Mode
Operation
- Frank deposits $4m and borrows $4m BOLD.
- After the action: collateral = $164m, debt = $104m
TCR = 164 ÷ 104 × 100 ≈ 157.7 % → rejected (falls below 160 %).
Example: Normal Interest Rates during Safety Mode
Situation
- Collateral: $145m (in ETH)
- Debt: $100m (in BOLD)
- TCR = 145% (CCR in ETH branch = 150%)
Operation
- A user hasn’t adjusted its rates for 30 days. The user can adjust the rate normally but he needs to wait at least 7 days to adjust it again
Example: Premature Interest Rate adjustment in Safety Mode
Situation
- Collateral: $145m (in ETH)
- Debt: $100m (in BOLD)
- TCR = 145% (CCR in ETH branch = 150%)
Operation
- A user that has adjusted its rate two days ago, needs to wait for another 5 days to adjust the rate. During that time he might get hit by redemptions if the rate was set too low.
ConclusionSafety Mode in Liquity V2 is designed to keep the system stable and healthy. By following these rules, you help ensure that the protocol remains strong and resilient. Understanding these guidelines will help you navigate Safety Mode effectively and contribute to the overall stability of the Liquity V2 ecosystem, even if you're a smaller user.
Enosys APS Rewards for Liquity V2 Mainnet Users: What You Need to KnowEnosys, the Liquity V2 friendly fork on Flare Network, is allocating 2.75% of their governance and revenue token, APS supply to Liquity V2 Mainnet users. This results in 412.5 APS in total, roughly ~$850,000 of rewards at current prices.
Users will be able to claim starting Jan 21, 2026.
Apsis (APS) is the Enosys ecosystem’s primary governance and rewards token across their CDP and DEX, and is valued at $32m FDV.
Rewards are split into two equal buckets - retro and ongoing, and are based on the Liquity Leaderboard: https://dune.com/liquity/v2-leaderboard
The goal is to reward existing Mainnet depositors, while also incentivizing continued participation across eligible Liquity Mainnet venues. This is not a one-time airdrop. It is a 40-week program with weekly emissions running through the end of Oct 2026.
Based on the current ~$35m eligible TVL, this airdrop alone adds roughly ~3% APR equivalent on top of existing yields.
A reminder - at least 10 more friendly fork airdrops are expected over 2026
Retro bucket (1.375%, ~$425,000)The retro bucket rewards users already on the current Liquity V2 leaderboard (up to 21 Jan 26).
One-time retro claim: 52.5 APS (~$105k) using the current leaderboard snapshot
Leaderboard: https://dune.com/liquity/v2-leaderboardThe remaining portion of the 1.375% retro is then dripped weekly from 1/28 to the same retro cohort (up to Jan 21, 2026). Ongoing bucket (1.375%, ~$425,000)The ongoing bucket rewards fresh activity going forward. This will be based on a Enosys leaderboard that takes into account Mainnet Liquity activity from Jan 21.
Distribution starts 1/28Distributed weekly for the next 40 weeks using an “ongoing” Dune leaderboard based on fresh activity across eligible Liquity Mainnet venues (Stability Pools, liquidity pools, and other tracked venues).Same leaderboard will be used: https://dune.com/liquity/v2-leaderboardWeekly drip (40 weeks total)Each week, 9 APS is emitted in total:
3.85 APS/week to retroactive users (Liquity V2 leaderboard)5.15 APS/week to the users who are actively providing liquidity starting Jan 21, 2026.Total = 9 APS/week (~$18k/week, ~0.06%) each week for 40 weeks.How to claimRewards are claimable only on the Enosys frontend on Flare Network:
https://loans.enosys.global/incentives
BridgingIf you need to bridge to Flare, you can use Stargate at: https://stargate.finance/
What can you do with APS?APS can be utilized in governance staking (https://gov.enosys.global/) to earn a share of all protocol fees aggregated and distributed by the APY Cloud.
APS can also be utilized as liquidity in multiple of their DEX V3 LPs (https://v3.dex.enosys.global/liquidity) to continue earning competitive incentives and fees.
What can you do at Enosys?You can use Enosys to borrow against FXRP or WFLR, mint the Enosys CDP stablecoin, and provide liquidity for it on their Enosys v3 DEX to earn extra rewards.
A reminder - at least 10 more friendly fork airdrops are expected over 2026. Keep providing liquidity across eligible Liquity Mainnet venues to stay on the leaderboards and keep earning weekly rewards.
If you have specific questions on the airdrop, please refer to Enosys's Discord for more information.
Liquity, a protocol that develops decentralized stablecoins on Ethereum, also known for creating the most reliable decentralized stablecoins, is pleased to announce that BOLD has gained an A- rating from Bluechip. BOLD is the second decentralized stablecoin created by Liquity. The main purpose of Liquity’s BOLD is to give a fully decentralized, crypto-backed stablecoin that removes bank, custodian, and censorship risk.
Bluechip is known as an independent stablecoin rating agency. The evaluation results put BOLD ahead of USDC (B+) and DAI (B+) with the perfect scores of 1.0 in Management, Decentralization, and Governance, and on par with PayPal’s PYUSD. BOLD is the only decentralized stablecoin that fully depends on Ethereum-native assets instead of banks, custodians, or off-chain reserves.
It is the only decentralized stablecoin that provides an alternative risk profile for institutions seeking diversification, purification in process, and on-chain stability. BOLD is over collateralized by more than 200%, utilizing $ETH and lending liquid staking tokens, which are wstETH and rETH. In addition, BOLD is providing a transparent and direct redemption mechanism. Liquity has released this news through its official social media X account.
A Credibly Neutral Stablecoin Built for Institutions Michael Svoboda, Founder of Liquity Protocol, expressed his thoughts. He said, “This rating reinforces a simple idea: stablecoins should be predictable systems, not discretionary products. BOLD is designed so users don’t need to trust issuers, banks, or governance committees, only the code. Receiving an A- rating with perfect scores for decentralization and governance validates that a credibly neutral, crypto-native stablecoin can meet institutional-grade risk standards without relying on centralized intermediaries.”
BOLD users have an advantage in that they can withdraw at any time without the need to get permission from any other authorities. Liquity V2 routes 100% of protocol revenues along with immutable smart contracts, and the absence of monitoring eliminates the risk of being locked or stopped at any time during the transfer process.
Liquity’s BOLD Sets a New Benchmark for Crypto-Native Stablecoins BOLD of is basically built for those users who want to get rid of any interruption during the whole process of transactions. The immutable and governance-free system eliminates ambiguity from users’ minds about minting and redemption with full on-chain data transparency. This is the best design for Decentralized Finance (DeFi) treasuries, funds, and power users seeking to expand stablecoin exposure at wider range.
Liquity Protocol ensures the certified record to BOLD’s design. In addition, the team has a successful previous record of LUSD, one of the longest-running decentralized stablecoins, which touched $5 billion in peak total value along with four successful years of operation. BOLD’s A-rating indicates that decentralized, crypto-native stablecoins can achieve top-tier safety ratings.
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Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
Liquity V2 is a decentralized borrowing protocol on Ethereum mainnet.
It enables you to:
Borrow against ETH at fixed ratesEarn 6-10% yield on BOLD (crypto-native, not TradFi)BOLD recently received an A- rating from Bluechip, higher than USDC (B+) and DAI (B+).
This guide will help you get started with Liquity V2 and will provide you with the most useful resources
Want to borrow against your ETH?Go to: https://liquity.app/borrowDeposit the collateral (ETH, wstETH, rETH) to mint the stablecoin BOLD. You choose your desired LTV as well as set your own interest rate. The rate management can be delegated to a third party.Video guide.
Want to earn with BOLD?Go to: https://liquity.app/earnStability Pools - 6-10% APY
Deposit BOLD, earn borrower interest + liquidation premiumsBest for: Users comfortable with occasional ETH exposureYield bearing tokens sBOLD (K3 Capital) and yBOLD (Yearn)
Auto-compounding version of Stability PoolBest for: Passive position and DeFi composabilityLPing in the two core pools on Uniswap and Curve - 10%+ APY
Yield dashboard.
Resources:Website: https://www.liquity.org/User Docs & Audits: https://docs.liquity.org/Protocol Stats: https://dune.com/liquityFor any other questions, join the Liquity community on Discord.
STRC drops to near $80, marking another new all-time low.
According to Bitget market data, Strategy’s preferred stock STRC has dropped to a low of $80.26, hitting a new all-time low since its listing. Calculated based on a $100 par value, the current discount has reached 20%.
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OKX will launch CARDS spot trading today.
According to an official announcement, OKX will launch spot trading for CARDS (Collector Crypt) today. CARDS deposits will open at 18:00 UTC+8 on June 25, pre-ordering for the CARDS/USDT trading pair will run from 19:00 to 20:00 UTC+8, spot trading will officially commence at 20:00 UTC+8, and withdrawal functions will be available at 22:00 UTC+8.
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Iran's Revolutionary Guards Corps warned that any vessels using the Strait of Hormuz route without Tehran's approval will be targeted.
Iran's Islamic Revolutionary Guard Corps (IRGC) issued a stern warning to international shipping on Wednesday, stating that any new shipping route through the Strait of Hormuz established without coordination with Tehran is unacceptable and dangerous, and threatening to take direct action against vessels that ignore its orders. The IRGC declared that vessels can only safely transit the Strait of Hormuz via routes designated by Iran. The IRGC Navy added that all vessels seeking to transit the strait must coordinate with the Iranian military via International Maritime Distress and Safety Frequency Channel 16, a requirement that effectively places Iranian military approval at the core of all commercial shipping transiting this key chokepoint. (Jinshi)
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A crypto whale holding 120,000 ETH long positions has an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, a whale holding 120,000 ETH in long positions added $8 million in margin in the early hours. Currently, the total unrealized loss on its ETH long positions across four linked addresses stands at approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the significant paper losses, there remains a large buffer before liquidation, and over 6 million USDC is still held on-chain to replenish margin, resulting in low short-term liquidation risk.
5 minutes ago
A crypto whale holding 120,000 ETH long positions is sitting on an unrealized loss of over $77 million, and added $8 million in margin in the early hours.
According to on-chain analyst ai_9684xtpa’s monitoring, the whale holding a long position of 120,000 ETH added $8 million in margin again in the early hours. Currently, the ETH long positions across its four associated addresses have accumulated an unrealized loss of approximately $77.047 million, with an average entry price of around $2,265. Data shows the liquidation prices for the four addresses are $1,174.6, $1,059.1, $1,064.7, and $1,143.6 respectively. Despite the massive unrealized loss, there is still a significant buffer before liquidation, and over 6 million USDC are still held on-chain to supplement margin, leading to low short-term liquidation risk.
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Ripple's stablecoin RLUSD approved to enter Japanese market
According to official announcements, Ripple’s stablecoin RLUSD has been officially approved by Japan’s Financial Services Agency (JFSA) and launched in Japan. Through a partnership with SBI Group and its subsidiary trading platform VCTRADE, RLUSD will be accessible to institutional and retail users for use in scenarios including payments, asset tokenization, and collateral management.
DeXe’s breakout run is drawing increased scrutiny as a widening disconnect between Spot momentum and derivatives positioning raises questions about the sustainability of its gains.
The token has surged 570% since the 6th of February, extending its rally with an additional 19% gain over the past 24 hours. On the surface, the move reflects strong bullish momentum. However, activity in the perpetual market suggests a more cautious stance among leveraged traders.
This divergence between price action and derivatives sentiment introduces a critical risk. It often signals that the rally may be approaching exhaustion, particularly as traders begin to position for a reversal.
Binance traders tilt toward the sell side The clearest indication of weakening conviction comes from Binance, which continues to dominate both trading volume and open interest in the perpetual market.
CoinGlass data shows the DeXe’s [DEXE] Taker Buy/Sell Ratio has dropped to 0.67, reflecting a sharp rise in sell-side activity. The metric, which measures the balance between aggressive buyers and sellers, typically centers around 1.
Readings below this threshold indicate seller dominance, with deeper declines pointing to stronger bearish pressure.
Source: CoinGlass At 0.66, the imbalance is pronounced. Given Binance’s outsized influence, sustained selling at this level could shape broader market direction.
If the trend persists, it increases the likelihood of downward price pressure in the near term.
Broader derivatives market signals early distribution The bearish tilt is not confined to Binance alone. Across the wider perpetual market, positioning data suggests early signs of distribution.
At press time, the Open Interest-Weighted Funding Rate—a key indicator of directional bias—has moved further into negative territory, printing -0.0136%.
This shift comes even as DeXe’s price continues to climb, reinforcing the growing divergence between Spot and derivatives markets.
Source: CoinGlass A negative Funding Rate implies that short positions are dominant, with traders effectively paying to maintain bearish bets. In this context, it reflects a market increasingly inclined to view DeXe as overextended.
While such conditions do not guarantee an immediate reversal, they often precede periods where price corrects to align with underlying sentiment.
Utility narrative drives inflows Despite the bearish signals in derivatives markets, DeXe’s rally continues to find support in broader sector rotation trends.
Data from Artemis shows that utility-and-service-focused tokens have attracted the largest share of capital over the past month, delivering an average gain of 18%.
This places them ahead of other segments, including privacy-focused assets, which recorded 8% growth over the same period.
DeXe’s positioning within this category remains a key advantage. Its role in governance and DAO treasury management has underpinned investor demand, with Artemis ranking it as the top-performing asset within the utility and services segment.
Still, the disconnect between strong spot inflows and increasingly bearish derivatives positioning leaves the asset at a critical juncture.
Unless buying pressure strengthens to absorb the growing sell-side activity, the current rally may struggle to sustain its pace.
Final Summary Binance traders are increasingly betting against DeXe’s upside despite strong spot gains. Capital rotation into utility and service tokens remains the primary catalyst behind the rally.
DeXe [DEXE] surged 15% over the past 24 hours, bringing the price into a key resistance zone near $13.60. At press time, the altcoin tested a previous swing high that had capped earlier breakout attempts.
Moves into such zones often slow momentum, but they also reveal market intent. Here, the advance appeared controlled.
Momentum builds into a decision zone The rally into $13.60 followed a steady buildup in momentum, suggesting buyers positioned ahead of the move. Price moved with structure rather than random spikes, reinforcing the strength of the trend.
However, the upside remained contested. A broader supply zone between $14.3 and $15.5 stood just above current levels.
This area marked the final barrier before a possible extension toward $18. That setup left the market at a key decision point.
Source: TradingView Whale accumulation supports the bullish run On-chain data showed a rise in whale activity, with larger orders entering the market. Such accumulation often preceded expansion phases, though it did not guarantee a breakout.
Even so, this shift suggested dips may find support if buying interest holds.
Source: CryptoQuant On top of that, broader market activity remained buyer-driven, aligning with the increase in whale participation. This alignment indicated the move was not driven by isolated demand.
Source: CryptoQuant Retail leans to the bulls, but volatility risks accrue Retail traders also contributed to the ongoing rally, with rising activity and faster price reactions. Data indicated increased retail participation at current levels.
In such conditions, retail momentum often accelerated price movement near breakout zones.
However, it also introduced volatility. If momentum slowed, retail positions could unwind quickly. That dynamic made the current zone more sensitive to sharp reversals.
Source: CryptoQuant Breakout setup forms below the key supply zone DEXE remained positioned just below its key resistance cluster, with structure still favoring continuation. However, the real test lay within the $14.3–$15.5 supply zone.
A clean breakout could open the path toward $18. Failure to break may lead to consolidation or a pullback.
As it stood, momentum built steadily, but confirmation remained just ahead.
Final Summary DeXe’s 15% rally pushed the price back into a key resistance at $13.60, where past breakouts have failed The next major hurdle sits between $14.3 and $15.5, which acts as the final supply zone before any move toward $18
DeXe [DEXE] has fallen 12% over the past 24 hours, tracking a broader cooldown across AI-linked tokens during the same period.
Price action suggests a rebound remains within reach, but confirmation depends on multiple factors aligning—most notably a shift in positioning within the perpetual Futures market, where short interest continues to dominate.
Price structure points to a conditional recovery On the daily chart, DEXE has moved into a well-defined demand zone that has historically triggered upward moves.
Previous reactions from this level led to rallies, although the most recent attempt failed to break above the $16 mark.
Still, the presence of demand does not eliminate downside risk. Price could extend lower toward the midpoint of the zone near $11.6 before establishing a stronger base.
Source: TradingView On the 4-hour timeframe, a near-term recovery hinges on a break above resistance at $12.8. Historical price behavior suggests this level has acted as a pivot, and a successful breakout could accelerate momentum.
DeXe also continues to respect an upward-sloping trendline that has supported price on multiple occasions. The trendline has preceded at least three rallies, including two significant advances.
Source: TradingView If this structure holds, the asset could post a recovery of up to 19%, with $15.3 emerging as a near-term target.
Momentum indicators show early reversal signals Indicators are beginning to reflect a shift in market behavior, with signs of accumulation returning after sustained selling pressure.
The Accumulation/Distribution metric has edged higher, indicating a gradual pickup in buying interest despite the recent drawdown.
However, overall volume trends remain weak, suggesting that sellers still maintain broader control of the market.
Source: TradingView At the same time, the Balance of Power (BoP) indicator points to strengthening buyer momentum. BoP, which measures the balance between buying and selling pressure on a scale from -1 to +1, currently prints 0.39—firmly in positive territory.
A continued rise in this metric could support a breakout above short-term resistance levels.
Short dominance in the derivatives market suggests… Despite improving Spot market signals, derivatives data highlights a key headwind.
The perpetual Futures market remains skewed toward short positions, increasing the likelihood of continued resistance against upward price movement.
Source: CoinGlass Coinglass data shows that the Open Interest-Weighted Funding Rate has slipped into negative territory, currently at -0.0029%. This indicates that the majority of the estimated $234 million in Open Interest is positioned on the short side.
Unless the Funding Rate shifts back into positive territory, sustained upside may remain limited, with sell-side pressure continuing to influence price action in the near term.
Final Summary Rebound prospects build as DeXe tests a key demand zone, with early indicator support emerging. Persistent short positioning in the perpetual market continues to cap upside potential.
Bitcoin (BTC) holds above $77,000 at press time on Monday, while mid-tier crypto tokens DeXe (DEXE), Stable (STABLE), and Humanity (H) post double-digit gains over the last 24 hours, likely driven by renewed hopes that the Strait of Hormuz will reopen.
Hopes of US-Iran deal ease downside pressure across marketsThe ongoing peace talks between the US and Iran have renewed hopes that the Strait of Hormuz will reopen, as previously reported by FXStreet. West Texas Intermediate (WTI) – the US oil benchmark – opened with a bearish gap below $92 on Monday, while Japan’s Nikkei is up roughly 3% as tensions in the Middle East ease.
Institutional demand for crypto could revive as falling oil prices cap US inflation, boosting risk appetite for Bitcoin and other tokens. SoSoValue data shows Bitcoin and Ethereum (ETH)-focused Exchange Traded Funds (ETFs) recorded roughly $1.26 billion and $216 million in outflows last week, respectively, while Hyperliquid (HYPE) led institutional demand with $72 million in inflows.
Bitcoin and Ethereum ETFs data. Source: SosovalueA potential US-Iran deal could uplift risk-on sentiment across the broader crypto market, driving a rally in Bitcoin and other crypto assets. Over the last 24 hours, mid-tier crypto tokens have been leading the rally.
Technical outlook: Will DeXe, Stable, and Humanity extend the rebound?DEXE trades above $15.00 at the time of writing on Monday, holding steady after a 12% jump the previous day. The token maintains a clear bullish bias, with price holding well above the 50-day Exponential Moving Average (EMA) at $11.78 and the 100- and 200-day EMAs at $9.68 and $8.12, respectively, reinforcing a medium-term uptrend.
Momentum remains constructive, with the Relative Strength Index (RSI) near 68 approaching overbought territory and the Moving Average Convergence Divergence (MACD) line rising in positive territory above its signal line, hinting that buyers still have the upper hand even if upside could become increasingly stretched.
The next notable resistance aligns with the prior cycle high at $16.24 on April 19, where bulls may face a more meaningful test.
DEXE/USDT daily price chart.On the downside, initial support is located at the 78.6% Fibonacci retracement at $14.87, measured from $16.24 to $9.81, followed by a deeper cushion at the 50% retracement around $13.03.
Stable extends gains by over 4% at press time on Monday, following an 8% rise the previous day. The stablecoin protocol token maintains a bullish near-term bias, with price holding well above the 50-day EMA at $0.0327 and the 100-day EMA at $0.0291, reinforcing a constructive underlying trend.
The upward-sloping trendline support connecting the December 24 and April 20 lows near $0.0298 remains comfortably below spot and underpins the broader advance.
Momentum is mixed but broadly supportive: the RSI at 60 hints at sustained buying interest, while the uptick in MACD prepares for a bullish crossover with its signal line, suggesting fresh upside pressure.
STABLE/USD daily price chart.Looking up, the $0.04490 level has capped multiple bullish spikes and serves as the upside resistance.
Humanity token extends its third consecutive day of recovery at press time on Monday. The privacy- and biometric-focused token holds well above the 50-, 100-, and 200-day exponential moving averages (EMAs) at $0.1876, $0.1649, and $0.1551, respectively, keeping the near-term bias constructive despite the recent pullback from the $0.26 area.
The RSI around 55 on the daily chart rebounds from the midline but remains within a broader downtrend, while the MACD prepares for a bullish crossover, suggesting a mild cool-off in downside momentum.
Initial support emerges at the 50-day EMA near $0.1875, where a corrective dip could find buyers on a first test, followed by deeper demand around the 100-day EMA at $0.1649.
H/USD daily price chart.The S2 Pivot Point at $0.2632 served as the upside barrier that capped the recovery earlier this month, followed by the S3 Pivot Point at $0.3352, which is the next key resistance.
(The technical analysis of this story was written with the help of an AI tool.)
DEXE has surged by 13% in the last 24 hours after breaking above key weekly levels.
At press time, the rising volume and strong whale activity across markets suggested the move may be gaining traction too.
Breakout shifts market structure The move higher was not just a bounce though. Instead, it marked a clear breakout. By pushing past weekly levels, DEXE has shifted its structure from consolidation into expansion.
In fact, the price is now moving freely above those zones, which often opens the door for continuation. At least in the short term.
That’s not all though as the altcoin’s price action has been trading above its key Exponential Moving Average (EMA) with the resistance level at $24 standing as the next target for investor and traders on long positions.
Source: TradingView Volume supports the move According to the recent on-chain data, the altcoin’s volume also surged by 12% to $33 million. That is a significant hike compare to recent volume trends.
This uptick in activity matters. It is evidence that the breakout might not be happening in thin conditions. In most cases, the act of price action and volume rising together reflects a real demand, rather than a short-lived spike.
Source: Santiment Whales take the lead What stands out most is the level of whale participation. Large players have been active across both Spot and Futures markets, pointing to coordinated positioning rather than isolated trades.
That kind of involvement tends to sustain moves, especially when it aligns with a breakout.
Source: CryptoQuant Buyers joins the buying spree Finally, the number of buy orders at the press time trading price has significantly surged too. Alongside the uptick in whale orders, buyers have also been dominating the Futures market.
With both whales and retail buyers all aligned, the anticipated rally to $24 looks more than likely to occur now.
Source: Coinglass $24 becomes the next focus With momentum building, the next key level now sits at $24. There’s little resistance in the immediate path, keeping the upside open if buyers maintain pressure.
For now, DEXE is not just recovering, it’s expanding. As long as participation holds, the market is likely to keep pushing higher.
Final Summary DEXE surged by 13% with volume rising to $33M, confirming strong participation after a key breakout
Whale activity across Spot and Futures markets has been driving momentum, with $24 now the next key resistance level
PANews reported on June 5th that, according to SoSoValue data, the crypto market generally declined, with the DeFi sector falling 9.16% in the last 24 hours. Within the DeFi sector, Hyperliquid (HYPE), which had previously been breaking records, corrected by 9.15%, and LAB (LAB) fell by 37.47%, but DeXe (DEXE) bucked the trend, rising by 14.58%. However, the GameFi and NFT sectors remained relatively resilient, rising by 0.49% and 1.38% respectively. Within the GameFi sector, Audiera (BEAT) surged by 20.27%, and within the NFT sector, APENFT (NFT) rose by 0.15%.
In addition, Bitcoin (BTC) rebounded slightly by 1.33%, breaking through $63,000; Ethereum (ETH) continued to fall by 0.92%, dropping below $1,800.
In other sectors, the CeFi sector fell 1.37% in the last 24 hours, while Cronos (CRO) rose 0.12%; the PayFi sector fell 1.55%, while Telcoin (TEL) rose 24.29%; the Meme sector fell 2.01%, but Siren (SIREN) rose 28.48%; the Layer 1 sector fell 4.10%, while Humanity (H) remained relatively strong, rising 3.90%; the Layer 2 sector fell 5.59%, while Starknet (STRK) rose 3.48% intraday.
On Wednesday, the 3rd of June, DeXe [DEXE] rallied almost 36% in a matter of hours. Driven by a massive surge in short liquidations, the crypto AI token’s price surge was accompanied by spot accumulation.
Yet, this buying was not enough to fend off a retracement of these gains. By the 4th of June, 27 hours after the initial spike, DEXE had fallen from $24.49 to $17.19.
This kind of volatility suggested that liquidation sweeps were the key driver of the price move. Overleveraged derivatives traders on both the long and short sides were taken out.
Interestingly, the altcoin has bounced nearly 15% from Thursday’s low around $17. These gains, coming after the volatility storm earlier this week, suggested that bulls might still have the upper hand.
Meanwhile, Bitcoin [BTC] has relinquished control of the $60k level. This will further destabilize the already shattered confidence in most altcoins. Will DeXe fall in line with the wider market or continue its remarkable performance?
The bullish DEXE case Source: DEXE/USDT on TradingView The October 2025 crash took DEXE to a new swing low. On the chart above, the price reached a low of $0.136, but it was revealed back then that thin liquidity on Binance led to severe, oversized price drops on certain altcoin pairs on the exchange.
The price action in February 2026 saw a continuation of the downtrend, but a breach of the $4.19 swing high shifted the swing structure bullishly. DEXE has not looked back since then and even managed to beat the October highs at $13.63.
Traders’ call to action: Play the range Source: DEXE/USDT on TradingView While the higher timeframe trend remained bullish, the past few days saw heavy volatility and a potential range formation. At the time of writing, the mid-point of this range, at $20, has been flipped to resistance.
It appeared likely that the range low at $17.18 would be tested as support in the coming days.
Traders can look to buy this retest but should also remember that the higher timeframe uptrend can see a deep, healthy pullback in the coming weeks. Therefore, a drop below the range lows can be used to flip the short-term bias bearishly.
Final Summary DeXe has seen high volatility, driven by massive liquidations, in recent days. Despite the market-wide downturn and recent volatility, the crypto AI token remained in a higher time frame uptrend.
SIREN, NEAR, and DeXe follow suit in terms of daily gains, all with double digits.
Likely driven by Trump’s latest promising words about a potential peace deal between the US and Iran to be announced in the next few days, BTC jumped from $62,000 to over $64,000 in minutes earlier today before it was stopped.
Most larger-cap alts have remained relatively sluggish on a daily scale, aside from HYPE, which has reclaimed the $60 support after a 3% increase.
Bitcoin Eyes $64K The previous week was one of the most violent in bitcoin’s recent history. The asset started it at around $73,000, but the bears quickly took control and drove it below $70,000. The key support levels kept falling one after the other, and BTC found itself dropping below $68,000, $65,000, and even $62,000 as the week progressed.
The focus turned to the $60,000 level, which managed to hold the February crash. The bulls managed to defend it at first on Thursday and on Friday morning, but the pressure was too strong on Friday afternoon, and that line finally gave in.
Bitcoin dipped to $59,100 for the first time in almost two years. Nevertheless, it quickly rebounded and reclaimed the $60,000 level by the end of the day, and climbed to $61,000 on Saturday and $62,000 on Sunday. More volatility occurred in the past 12 hours or so after the latest developments on the war front, and BTC surged to $64,200 before it was stopped and driven south by a grand.
Its market cap is up to $1.265 trillion, while its dominance over the alts has increased to 56.3% on CG.
BTCUSD June 8. Source: TradingView BEAT Rockets The altcoin in question that has pumped by 80% in the past 24 hours alone is Audiera (BEAT). The asset is by far the top performer today, surging to a price of $4.30 and becoming the 62nd-largest alt by market cap. SIREN has surged by 32%, followed by NEAR’s 13% jump. DeXe completes the double-digit price gain club, with an 11% increase.
The larger-cap alts are a lot less volatile today. ETH is up to $1,660 after a 1.5% increase, BNB is still close to $600, while SOL is above $66. HYPE has gained 3% and sits well above $60, while ZEC continues on its recovery path with a 6% jump to $425.
The total crypto market cap has added another $20 billion daily and is up to $2.260 trillion on CG.
Cryptocurrency Market Overview June 8. Source: QuantifyCrypto
The broader cryptocurrency market is under pressure with Bitcoin (BTC) slipping below $62,000 on Wednesday amid the US launching its third wave of strikes on Iran. Hyperliquid (HYPE) and DeXe (DEXE) are leading losses over the last 24 hours, risking the prevailing upward trend.
US-Iran stress weighs back on BitcoinBitcoin dropped below $62,000 on Tuesday, failing to extend the clean rebound seen during the previous retest of the $60,000 mark in early February. The recent sell-off triggered by the stronger-than-expected US Jobs data now faces the additional weight of the renewed US-Iran tensions. US Central Command (CENTCOM) launched strikes against Iran in response to the downing of a US Army Apache helicopter.
Bitcoin maintains a bearish near-term bias as price holds well below the 50-, 100-, and 200-day Exponential Moving Averages, which now stack as overhead resistance from around $72,045 up to $79,295. From a technical perspective, the failure above the former rising support trendline, now turned into resistance near $72,163, underscores a broken medium-term uptrend.
That said, the Relative Strength Index (RSI) at roughly 24 sits in oversold territory while the Moving Average Convergence Divergence (MACD) and its signal line remain negative, both hinting that while downside pressure persists, the pace of the decline could start to moderate.
On the downside, the key level to watch is the horizontal support around $60,000, where buyers previously emerged. A clear break and daily close below this floor would open the door to an extension of the current downtrend, whereas sustained defense of 60,000 could allow for a corrective bounce back toward the aforementioned resistance band.
BTC/USDT daily price chart.Looking up, the immediate resistance aligns with the March 29 low at $65,000, followed by the April 12 low of $70,505.
Hyperliquid risks losing the $50 thresholdHyperliquid extends losses toward the $50 mark at press time on Wednesday, following a 9% drop the previous day. HYPE risks losing a constructive bullish bias, which remains supported by a cluster of underlying moving averages, with the 50-day EMA at $53.74, the 100-day EMA at $47.18, and the 200-day EMA at $41.48.
Though the EMAs suggest an intact broader uptrend, momentum has cooled on the daily chart with the recent pullback. The RSI is hovering near a neutral 48, and the MACD and signal lines fall toward the zero line after a bearish crossover on Friday, suggesting waning upside pressure rather than an outright trend reversal.
On the downside, immediate support is seen at the 50-day EMA at $53.74, followed by the 78.6% Fibonacci retracement at $51.11, measured from the $59.45 to $2.51 downswing.
HYPE/USD daily price chart.On the topside, initial resistance is aligned with the 100% Fibonacci retracement at $59.45, where a clear break would reopen the path toward the 127.2% Fibonacci extension level at $70.04.
DeXe's reversal puts a prolonged uptrend at riskDeXe maintains a bullish near-term bias as price holds well above the 50-, 100-, and 200-day EMAs at $15.19, $12.20, and $9.78, respectively, which act as the underlying support structure.
However, the MACD has slipped marginally below the signal line, signaling a bearish crossover and hinting at a potential renewal of bearish momentum. Meanwhile, the RSI near 59 reflects constructive momentum as overbought conditions wane.
On the downside, initial support is seen at the 50-day EMA near $15.19, with deeper downside exposure pointing to the 100-day EMA around $12.20 and then the 200-day EMA near $9.79 if selling pressure accelerates. As long as DEXE/USDT holds above the 50-day EMA, pullbacks are likely to be treated as corrective within the prevailing uptrend, while a daily close below this level would weaken the bullish structure and expose a broader retracement towards the lower moving average supports.
DEXE/USDT daily price chart.A potential rebound in DEXE could test the R1 Pivot Point at $22.41, which capped the bullish recovery attempt on Monday.
(The technical analysis of this story was written with the help of an AI tool.)
13 June 2026 | 15:58 After gaining more than 170% between April and early June, DeXe Protocol's token hit a wall - and what followed was a textbook example of how leverage and thin liquidity turn a correction into a cascade.
Key Takeaways:
DEXE peaked near $23.50 in early June after a 126% April rally, then lost roughly 27% within days as leveraged long positions were force-liquidated Nearly $3 billion exited U.S. spot Bitcoin ETFs in the ten sessions preceding the drop, draining buy-side liquidity from mid-cap altcoins first The token’s thin circulating float — much of it locked in staking and treasury delegation — amplified both the rally and the subsequent selloff Fibonacci support at $17.82 is the line traders are watching; a sustained break below it opens a path toward $13.4 DeXe Protocol’s native token DEXE is trading near $17.19 on Saturday after shedding roughly a quarter of its value from the $23.50 weekly high reached just days earlier. The drop is steep enough to look dramatic in isolation, but the mechanics behind it are fairly straightforward once you account for how the token is structured, how much leverage had accumulated in its derivatives market, and what was happening to crypto liquidity at the macro level during the same window.
DeXe’s on-chain infrastructure – a modular, no-code platform for building Decentralized Autonomous Organizations — has not changed. What changed is the financial environment the token was trading in, and that environment shifted hard in early June.
A 126% April Rally Built on a Thin Float To understand why DEXE fell as sharply as it did, you have to start with why it rose so aggressively in the first place. A significant portion of DEXE’s total supply is not freely circulating — tokens are locked in ecosystem incentive programs, staked by protocol participants, or actively delegated to what DeXe calls “meritocratic global experts” who manage DAO treasuries on behalf of token holders. The result is a thin liquid float on open exchanges.
When narrative interest in DAO governance infrastructure picked up in early 2026 — partly driven by DeXe’s DAO Studio V2 upgrade, which expanded multi-chain treasury management capabilities for AI-and-human collaborative governance structures — buyers were chasing a limited pool of available tokens. That supply squeeze drove DEXE up more than 126% through April, with another 43.9% gain layered on top heading into early June.
When large holders began taking profits near the $23.50 peak, thin float meant there was no depth on the other side to slow the drop — price fell through support levels quickly.
How Leverage Turned a Correction Into a Cascade DEXE’s open interest in derivatives markets had recovered to approximately $20 million, according to CMC data — a meaningful figure for a token of this market cap — after sitting near zero for most of 2025. That open interest represents borrowed capital, traders who went long on margin expecting the rally to continue.
Metric Level What It Means Weekly High ~$23.50 Peak before reversal; heavily front-run by large holders Current Price ~$17.19 Roughly 27% below the peak; still above key long-term support Immediate Support $15.96 – $16.38 Historical demand area; close below invalidates bull structure Resistance to Reclaim $19.25 – $20.34 Former support flipped to resistance; must be cleared to shift momentum Long-Term EMA Support ~$13.48 The 99-week moving average; worst-case target if support breaks RSI (14, Weekly) ~66–67 Elevated but retreating from overbought; sellers have short-term momentum When DEXE failed to break the $24–$25 resistance zone and rolled over, it crossed below its short-term exponential moving averages. On derivatives platforms, this kind of price action triggers automatic stop-loss orders, which are then executed as market-sell orders regardless of the token’s underlying value. Each wave of liquidations pushes price lower, which triggers the next wave. The 12% to 15% single-candle drops visible on the weekly chart are the signature of that cascade, not of organic selling pressure alone.
The RSI currently sits near 66-67 on the weekly timeframe — still elevated relative to the lows of mid-2025 when it was scraping 30, but retreating from the overbought territory it occupied at the peak. This suggests the selling pressure has been real and sustained, not a brief intraday flush.
Source: TradingView $3 Billion Left Bitcoin ETFs. DEXE Felt It First. What happens to Bitcoin liquidity does not stay with Bitcoin — mid-cap tokens like DEXE absorb the impact first. In the ten trading sessions leading into mid-June, U.S. spot Bitcoin ETFs recorded approximately $3 billion in net outflows — institutional capital pulling back from crypto broadly. When that happens, crypto market makers reduce their exposure across the board, widening bid-ask spreads and pulling buy-side depth from altcoins first.
The Fear & Greed Index hit a score of 12 — deep into “Extreme Fear” territory — on June 12. In that environment, capital rotates out of niche infrastructure plays like DAO tooling and into stablecoins or cash. DEXE’s failure to track Bitcoin’s minor relief bounces during this period confirmed that investors were specifically offloading idiosyncratic risk rather than reducing crypto exposure generally.
DAO Narrative Cools as Capital Rotates Into AI and GameFi Phase Timeframe Primary Driver Accumulation Late 2025 Protocol building DAO Studio V2; token near $3–$4 Breakout Rally April 2026 DAO narrative discovery; thin float supply squeeze; +126% Extension May – Early June Leverage-fueled continuation; retail FOMO; peak near $23.50 Correction June 10 – present Whale exits, long liquidations, $3B in BTC ETF outflows; -27% Next Phase TBD Contingent on macro stabilization and $17.82 Fibonacci support holding Narrative-driven capital moves fast in crypto, and the DAO governance trade has run its course for now. Market attention is currently shifting back toward AI agent infrastructure and early-stage GameFi, which are capturing the speculative premium that DAO tooling held a month ago. DeXe’s protocol is not deteriorating — active DAO deployments and treasury management activity have continued — but the price premium attached to the narrative has deflated alongside the narrative itself.
There is another factor worth noting: DeXe operates with a highly constrained circulating float because a vast portion of its supply is locked in governance contracts. As tracking metrics on the CryptoRank DeXe Vesting Dashboard show, when the vast majority of tokens are tied up in staking and ecosystem pools, the immediate liquid market becomes incredibly thin. This structural design means that even a minor wave of profit-taking by early investors can cause an abrupt supply imbalance on exchanges, giving active traders a reason to aggressively reduce exposure at the first sign of a macro trend reversal.
Where the Token Stands Technically The $17.82 Fibonacci retracement level is the number to watch in the near term. It represents a mathematically derived support level based on the scale of the preceding rally, and it is where buyers defending the broader bull structure would be expected to step in. A sustained daily close below that level — not just an intraday wick — would open a technical path toward $16.38 and, in a more severe scenario, toward the 99-week moving average near $13.48.
To shift momentum back toward the bulls, DEXE needs to reclaim the $19.25–$20.34 zone on meaningful volume. That band was support during the rally and has now become resistance — a level where sellers who bought higher will look to reduce losses. Breaking back above it with conviction would signal that the selling has run its course rather than deepened.
Algorithmic models, including Changelly’s June 2026 price analysis, flag $22.85 as a recovery target under one specific condition: Bitcoin ETF outflows stabilize and broader sentiment shifts. As of this writing, neither condition is met.
For now, the 24-hour trading volume of $65 million to $74 million indicates heavy activity rather than a quiet drift lower, which is consistent with forced liquidations still working through the system. When that volume normalizes without a corresponding price recovery, it will be a cleaner environment to assess what the token’s actual floor is.
Market data referenced in this article reflects conditions as of June 13, 2026.
Author
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
DeXe [DEXE] extended its bearish streak for a third straight day, reinforcing selling pressure, as the asset has lost its grip on the key $15.40 support level.
At press time, DEXE was trading at $13.61, down 7.50% over the past 24 hours. Meanwhile, traders and investors have shown strong interest in the asset’s movement, as evidenced by DEXE’s trading volume, which surged 40% to $19.61 million.
Another factor that appears to be potentially contributing to DEXE’s decline is the activity of crypto exchange LBank. Recently, a crypto analyst shared a post on X, noting that LBank dumped a massive $1.68 million worth of DEXE tokens on Binance and may continue selling more tokens in the coming days.
Now, the question is, what’s next for DEXE? Will the price continue to decline, or is a reversal possible?
DEXE chart eyes another 25% fall, but key level to watch According to the daily chart on TradingView, DEXE’s short-term outlook appears bearish, as it has lost the key $15.40 support level. The asset recently broke above this level and continued its upward trend; however, it eventually fell back below it, shifting market sentiment in favor of the bears.
Source: TradingView Based on the current price action, if DEXE remains below the $15.40 level, it could continue its downward trajectory. If that happens, the asset may experience a further decline of 25%, potentially reaching the $10.26 level in the coming days.
However, a price recovery would only become likely if DEXE reclaims the $15.40 level. If it does, the current bearish thesis could be invalidated.
As of now, the Average Directional Index (ADX) has risen to 38.41, well above the key threshold of 25, indicating that DEXE is experiencing a strong trend. Furthermore, this value reinforces the asset’s ongoing bearish momentum.
Mixed sentiment among traders and investors While examining derivative data, it was observed that traders and investors currently have mixed sentiment toward DEXE.
Despite the price decline and the breakdown of a key support level, intraday traders continue to bet on long positions, according to data from CoinGlass. At press time, DEXE’s Long/Short ratio stood at 1.1487, indicating that traders remain bullish and are favoring long positions over shorts.
Meanwhile, $13.30 on the downside and $13.90 on the upside have emerged as the two major liquidation levels over the past 24 hours. In fact, traders have built $139.90K worth of long leveraged positions at the $13.30 level and $79.57K worth of short leveraged positions at the $13.90 level, indicating bulls domination.
Source: CoinGlass However, investors and long-term holders appear to be doing the opposite of what intraday traders are doing. Data from DEXE’s spot inflow/outflow metrics reveals that over the past 24 hours, $410K worth of DEXE tokens have been transferred to exchanges, signaling potential selling pressure.
Source: CoinGlass Final Summary DeXe [DEXE] has declined 7.50% and fallen below a key support level. Price action suggests that another 25% drop could be on the horizon. Despite continued price decline, trader sentiment remains bullish, with many betting on long, while investors appear to be following the trend by selling their holdings.
DeXe price has surged 54% to a new yearly high after a technical breakout and a sharp rise in trading volume triggered aggressive buying activity.
Summary
DeXe price surged 54% to a new yearly high as trading volume spiked and resistance levels broke. A double-bottom breakout and bullish momentum indicators helped drive aggressive buying pressure. Limited exchange supply and short-covering activity amplified the token’s rapid advance. According to data from crypto.news, DeXe (DEXE) price climbed 54% to an intraday high near $24.70 on June 23, extending gains from the previous session and reaching a new yearly high.
The rally unfolded as spot trading volume surged and buyers rushed into the token after it broke above several technical resistance levels that had capped price action throughout June.
The move came in a market where DeXe’s available trading supply remains relatively limited. A large portion of the token supply is held in ecosystem allocations, treasury wallets, and protocol-controlled addresses, leaving a smaller amount actively circulating on exchanges.
With sell-side liquidity already thin, the influx of buy orders forced traders to pay progressively higher prices, amplifying the upward move.
At the same time, traders holding short positions were caught on the wrong side of the breakout. As resistance levels gave way, liquidations and forced covering added further buying pressure, helping fuel one of DeXe’s strongest daily advances this year.
DeXe price breakout unleashes momentum buying Technical indicators suggest the rally began before the largest price spike occurred. On the four-hour chart, DeXe completed a double-bottom pattern near the $14 region before breaking above a descending trendline that had guided the downtrend since early June.
DeXe price has confirmed a double-bottom breakout on the 4-hour chart — June 23 | Source: crypto.news The token then cleared horizontal resistance around $17.12, opening the door for a rapid move into a higher trading range.
Momentum indicators strengthened alongside the breakout. The MACD indicator printed a bullish crossover while its histogram expanded sharply, signaling accelerating upside momentum. Meanwhile, the Chaikin Money Flow indicator climbed well above zero, indicating strong capital inflows into the asset.
As buying intensified, price quickly advanced toward the next major resistance zone near $24.85, a level that coincides with DeXe’s previous yearly peak and the 100% Fibonacci retracement level visible on the weekly chart.
DeXe price approaches major weekly resistance The longer-term structure also turned more constructive as the rally developed.
The Weekly chart shows DeXe has recovered toward highs established earlier this year rather than entering completely uncharted territory. The token has now reclaimed several key Fibonacci retracement levels, including the 61.8% and 78.6% zones, which traders often monitor during strong recovery trends.
DeXe weekly price chart — June 23 | Source: crypto.news Additional momentum indicators support the bullish backdrop. The weekly Aroon indicator shows Aroon Up at 100 while Aroon Down remains near zero, a configuration typically associated with strong trend conditions. At the same time, the weekly Relative Strength Index has climbed to around 70, indicating strong momentum while approaching overbought territory.
The combination of a constrained tradable supply, a breakout above long-standing resistance, and accelerating momentum indicators created conditions for an unusually powerful rally. With DeXe price now approaching the $24.85 resistance area, traders are watching whether DeXe can establish a foothold above that level or face profit-taking after its rapid advance.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
The crypto market has been quite unstable (to say the least) lately, with the past 24 hours delivering another substantial correction. Bitcoin (BTC) briefly tumbled below $62,000, while numerous altcoins also entered red territory.
However, DeXe (DEXE) defied the bearish conditions, soaring by double digits over the last day. While several analysts expect further short-term increases, one key technical indicator suggests it might be time for a pullback.
New ATH Soon? The lesser-known altcoin is currently worth around $23 (per CoinGecko), representing a whopping 50% spike from yesterday’s figure. Its market capitalization has surpassed the psychological $1 billion threshold, making DEXE the 65th-largest cryptocurrency.
DEXE Price, Source: CoinGecko Perhaps one of the main catalysts for the rally is MEXC’s support. The prominent crypto exchange included DEXE in its futures trading section, allowing adjustable leverage up to 50x.
The analyst, using the X moniker “The Boss,” claimed that the token “is showing one of the strongest structures” among altcoins, noting buyers’ quick reaction after every pullback. The market observer paid close attention to the $24 resistance level, arguing that if bulls turn it into support, the uptrend could continue to as high as $39. DEXE has been on the market since late 2020 and reached an all-time high of almost $30 the following year, meaning a rise of that magnitude would mark a new historic peak.
OxNeena also chipped in. According to the analyst, DEXE is breaking out of a bullish Cup & Handle formation that could push the price above $27 in the near future.
Time to Short? Contrary to prevailing optimism, some industry participants anticipate an upcoming correction. Crypto with Haris ₿, for instance, opened a $40,000 short position on DEXE, describing the $22.80-$23.30 area as “very important.”
You may also like: Analyst Identifies 3 Altcoin Sectors Positioned to Survive Market Shakeout Analyst Predicts ‘Massive Bull Rally’ if US-Iran Peace Deal Is Signed Analyst: BTC’s 50% Drop Could Be Setting Up a 2017-Style Altcoin Rally “If buyers were still fully in control, price should have already reclaimed the recent highs. Instead, DEXE is struggling below resistance while volume is cooling down. That usually happens when a trend starts losing strength,” the analyst explained.
They further predicted that a plunge below $22 could drop the price to as low as $18.
DEXE’s Relative Strength Index (RSI) should also serve as a warning. Its ratio has climbed to 87, meaning that the coin has entered extreme overbought territory and could be due for a pullback. The RSI ranges from 0 to 100; anything below 30 is considered a buying opportunity.
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This integration with CoinStats, which boasts over 1 million users and more than $100 billion in tracked assets, allows users to seamlessly track and manage their portfolios using just their simple SPACE ID domain names – rather than long, complex wallet addresses – for the first time.
From now on, CoinStats users can track their balances across multiple wallets, with more than 120 blockchains and 1,000+ protocols supported, and seamlessly manage their portfolios using just their SPACE ID name handle – “jane.bnb”, for example – and a simple dashboard. Users can easily access performance data, transaction history, asset allocation, and market trends across their portfolios, as well as track portfolios of other SPACE ID domain holders for simplified copy-trading.
CoinStats has witnessed a significant boom in domain name usage on its platform over the last few months as several popular wallets, including Phantom and Coinbase, introduced their own usernames. The number of wallets connected to CoinStats via domains soared from 450 in October 2024 to 4,600 in December 2024, marking a 922% increase and coinciding with a five-fold growth in website traffic as the Bitcoin bull market attracted new users. The SPACE ID integration is set to supercharge the growing use of Web3 domains on CoinStats further over the coming months.
Harrison Seletsky, Director of Business Development at SPACE ID, says: “By integrating with CoinStats, we’re expanding the number of use cases for SPACE ID domains as we continue to build a unified name service that seamlessly connects the entire Web3 ecosystem, and beyond.
As crypto investors employ more sophisticated strategies across multiple wallets and blockchains, portfolio tracking can be an invaluable tool to gain better visibility of all transactions and trends. I expect more and more people will use portfolio trackers as the market matures and we’re excited that SPACE ID is now part of this journey with sector leader CoinStats.”
Narek Gevorgyan, Founder and CEO of CoinStats, adds: “At CoinStats, our mission is to make it simpler for both new and seasoned crypto investors to keep track of their portfolio holdings. We’re excited about our integration with SPACE ID because the team shares our vision of making crypto and DeFi more accessible and user-friendly. Together, CoinStats and SPACE ID can help users avoid costly mistakes and keep their finger on the pulse of the market, saving them hours of getting lost in multiple Excel spreadsheets.”
– ENDS –
About SPACE ID SPACE ID is a multichain Web3 domain and identity platform with 2.5M+ domains and 1.3M+ owners across BNB, Arbitrum, Sei, Injective and other major blockchains. It provides a comprehensive identity platform, allowing users to easily discover, register, trade, and manage web3 domains. SPACE ID also offers a Web3 Name SDK & API, enabling developers to incorporate domain and identity functionalities across many blockchains.
To learn more about SPACE ID, visit https://space.id/
About CoinStats CoinStats is the leading crypto and bitcoin tracking platform, managing over $100 billion in assets. It simplifies managing multiple wallets and exchanges, helping users monitor and manage their portfolios more efficiently.
Trusted by over 1 million users worldwide, CoinStats offers powerful tools to track cryptocurrencies, explore AI-driven coin price predictions, set price alerts, and even create personalized Exit Strategies. Everything is accessible through a single, intuitive interface.
The platform supports 120 blockchains, 300 wallets and exchanges, and over 1,000 DeFi protocols. It integrates seamlessly with leading platforms like Binance, MetaMask, Coinbase, Phantom, and more.
Tigran Mkrtchyan [email protected] 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.
MetaMask and Binance are tapping into a newly launched cross-chain payments zero-knowledge proofs-powered solution to simplify crypto transfers from decentralized exchanges to centralized exchanges.
Crypto exchange Binance and non-custodial wallet MetaMask, owned by Consensys, will utilize Payment ID, a zkEmail solution launched by digital identity platform SPACE ID.
While MetaMask is already connected to the solution, integration with Binance will happen soon, SPACE ID said in a press release.
With the Payment ID integration, users can transfer assets between CEX platforms and web3 applications, with these enabled for any address, chain or wallet. SPACE ID claims its solution makes cross-chain crypto transfers as easy as using Revolut or Venmo.
“Sending crypto should be easier than traditional financial rails, not harder. With Payment ID, we have finally found a solution to this problem, and it’s a simple one. One ID for every address, chain, and wallet. It’s as easy as Revolut or Venmo, and that’s what’s needed to bring mainstream users into web3 and retain them for the long term,” said Harrison Seletsky, director of business development at SPACE ID.
Payment ID allows for transfers to crypto exchanges such as Binance because they offer simple, human-readable payment IDs.
One can create an ID with their Gmail or Yahoo account. Mapping these to deposit addresses allows users to avoid losses that run into millions of dollars due to copy-paste errors, phishing scams, and deposits to the wrong chain.
Christian Montoya, network expansion product lead at MetaMask, said:
“Web3 is all about making payments easier, but complex blockchain addresses get in the way of that. SPACE ID’s novel Payment ID approach makes sending money as easy as sending an email. It’s a perfect example of the kind of innovation possible with MetaMask Snaps – bringing privacy-preserving, interoperable, human-readable identities to the most popular self-custodial wallet.”
As well as upcoming Binance integration, SPACE ID is eyeing other top CEXs and web3 wallets.
The platform’s identity solutions across the ecosystem include more than 6.7 million registered domains and over 2.7 million owners. It supports Ethereum, BNB Chain, Arbitrum, and Story Protocol among other chains.
SPACE ID and Floki Upgrade Web3 Identity: .floki Domains Become Verified On-Chain Profiles
Tanzeel Akhtar
Journalist
Tanzeel Akhtar
Part of the Team Since
Feb 2018
About Author
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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Last updated:
May 8, 2025
In a move to redefine digital identity in the Web3 space, SPACE ID has announced a new partnership with Floki to launch the Floki Hub—a decentralized identity platform powered by the $FLOKI token and the Floki Name Service—according to an X post on May 8.
FlokiHub Is Live – Your Web3 Identity Starts Here
Say hello to FlokiHub, the ultimate decentralized identity platform powered by $FLOKI Name Service and @SpaceIDProtocol.
With FlokiHub, you can:
✅ Create a decentralized profile on your .floki domain
✅ Showcase your wallets,… pic.twitter.com/Ol9fBInLhB
— FLOKI (@RealFlokiInu) May 8, 2025 Web3 domain name service provider SPACE ID, a key player in decentralized identity infrastructure, will provide the underlying technology for this new platform. The new hub will give users full control over their on-chain identity.
The Floki Hub will be made accessible exclusively to holders of .floki domain names, offering them a personalized space to showcase their digital footprint.
This includes wallet addresses, social media profiles, NFTs, and more, all within a censorship-resistant, decentralized environment.
Floki Hub Allows Users to Create a Decentralized ResumeAccording to the firm, one standout feature of the Floki Hub is the ability to create a decentralized resume.
This functionality will serve as a powerful tool for jobseekers, freelancers, and recruiters operating in the blockchain ecosystem, allowing them to verify credentials and reputations on-chain in a transparent, secure manner.
“We’re thrilled to be part of Floki’s exciting new project that will allow users to build and maintain their on-chain reputations within the Floki ecosystem,” said Harrison Seletsky, Director of Business Development at SPACE ID.
“We see this as a novel and viable utility for web3 domains, and we’re honored that Floki has doubled down on SPACE ID for this new venture,” Seletsky added.
Floki Domain Names Compatible With MetaMaskThe .floki domains, which are already integrated with decentralized applications such as MetaMask, Trust Wallet, SafePal, and OKX Wallet, are being transformed into full-fledged Web3 passports.
These identities are not only interoperable across major platforms but also serve as the foundation for users’ digital presence in a decentralized internet, as digital identity remains a key component of the creator economy.
“Partnering with SPACE ID to launch the Floki Name Service and Floki Hub is a natural step in our journey to empower users with true digital ownership. SPACE ID’s infrastructure makes it seamless for us to bring decentralized identity to the mainstream,” said B, Core Advisor at Floki.
Space ID Is a Digital Identity Provider for Story ProtocolIn February, Space ID announced a partnership with blockchain startup Story Protocol to provide identity management solutions.
The partnership saw Space ID integrating its domain name infrastructure into Story Protocol. Human-readable domains like “jane.ip” will serve as blockchain-verified proof of creation, allowing IP owners to authenticate, license, and monetize their work on Story Protocol.
SPACE ID, a well-known digital identity firm, has collaborated with 0G Labs, an AI L1 blockchain for on-chain AI apps. The partnership aims to streamline digital identity within the AI sector with the launch of .0g domains. As SPACE ID’s official X announcement discloses, this collaboration is set to redefine the digital identity, making it compatible with the AI-led future. Additionally, the development is anticipated to play the role of a cornerstone for smooth digital commerce and human-AI interactions.
SPACE ID and 0G Labs Partner to Streamline Digital Identity by Unveiling .0g Domains The partnership between SPACE ID and 0G Labs takes into account the launch of .0g domains. This initiative reportedly endeavors to streamline digital identity with the provision of human-readable names in the place of complicated wallet addresses. Complementing this development, 0G Labs is devoted to running AI workloads and broadening machine economy. Hence, it facilitates more than 650M transfers on testnet, 22M active accounts, as well as a network containing 8,000+ validators. Additionally, the platform’s infrastructure offers a 50,000 times greater speed and 100 times fewer charges in comparison with conventional blockchains.
Driving Seamless Onboarding with Secure AI Identities to Benefit Web3 Developers According to SPACE ID, the partnership with 0G Labs benefits Web3 users, AI architects, and developers. Particularly, the builders can unlock streamlined onboarding, improved trust frameworks focusing on AI-driven apps, and decreased operational charges. Ultimately, the beneficiaries can anticipate improved usability, streamlined access to AI-led services, and protected agent identification.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Zetarium, a renowned Web3 infrastructure platform, has partnered with SPACE ID, a popular Web3 digital identity platform. The partnership is aimed at advancing Web3 identity, DeFi solutions, and SocialFi experience. As Zetarium revealed in its official social media announcement, the collaboration attempts to integrate the BNB Chain-native DeFi ecosystem of Zetarium with the Web3 infrastructure of SPACE ID. Hence, the merger of these technologies seeks to streamline consumer interaction across the Web3 network while unlocking unique decentralized identity utilities.
We’re excited to announce a strategic partnership between @SPACEID and @Zetarium_ 🤝
By combining SPACE ID’s universal Web3 domains with Zetarium’s BNBChain-native DeFi infrastructure, we’re enabling seamless on-chain identities, permissionless staking & bonds, and sustainable… pic.twitter.com/cFcYQvHD3t
— Zetarium (@Zetarium_) December 17, 2025 Zetarium and SPACE ID Partner to Advance Permissionless DeFi for Wider Web3 Adoption The partnership focuses on integrating the Web3 domains of SPACE ID into the DeFi framework of Zetarium. This development underscores a wider market trend toward usability, community-led growth, and interoperability in the blockchain networks. This permits consumers to utilize streamlined on-chain identities apart from leveraging permissionless staking, liquidity solutions, and bonding mechanisms via $ZET, the native token of Zetarium. Thus, the participants can interact across diverse dApps with enhanced consistency, simplicity, and security.
Apart from that, the BNB Chain-native infrastructure provided by Zetarium plays a substantial role in backing scalable DeFi activities and sustainable liquidity. The integration with SPACE ID lets the platform minimize friction for existing and new Web3 consumers. This improves usability and fortifies trust by connecting decentralized identities with on-chain financial operations.
Joint Initiative Unites DeFi, SocialFi, and AI to Accelerate Web3 Participation According to Zetarium, the partnership permits users to more conveniently manage assets, engage with different decentralized communities, and take part in DeFi ecosystem. The respective approach is anticipated to enhance retention while also advancing long-term participation within the Zetarium network. Overall, with the seamless synergy of DeFi, SocialFi, AI, and identity, the duo is driving the cutting-edge Web3 engagement and innovation.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
This week, leading up to December 29, 2025, the cryptocurrency market is poised for a notable shift, with numerous major blockchain projects set to unveil substantial token supplies. Nine different projects (including SPACE ID, 0G Labs and River) will collectively launch tokens to the tune of millions of dollars. The unlocking of the tokens will have a significant impact on the liquidity of the cryptocurrency market and create pricing changes as previously locked tokens enter the system. Investors will want to understand how these scheduled releases affect their investment portfolios.
Learning about the December Token Release Schedule SPACE ID heads with the releases on December 22 with around $4.42 million worth of tokens entering circulation, which makes up 6.00% of its current supply. The project offers Web3 domain services on various blockchains.
0G Labs comes next with a $6.69 million unlock to release 4.09% of its circulating supply for the same date. Other notable releases include River, Avantis, SoSoValue, which has also contributed to the total supply expansion during the week. The number of these events occurring in a seven-day span increases their potential impact on the market.
December 2025 represents one of the biggest monthly unlocking of tokens of the year, with total values of more than one billion dollars of all scheduled releases. This expansion of supply happens during traditionally volatile year end market conditions, which can potentially magnify the movements in a project’s price across the board.
Market Performance and Trends Token unlocks create supply shocks that are introduced into the market ecosystem. Once previously locked tokens are released for trading, holders enjoy the advantage of being able to sell their assets. Whether they choose to liquidate depends on such factors as project conviction, market conditions, and personal financial strategies.
Projects that boast strong ecosystems and significant demand are generally more adaptable when it comes to integrating new supplies. As of late 2025, SPACE ID has approximately 21.53% of its total unlocked, with additional tokens set to be released gradually over time until the entire supply is available. The project implements cliff vesting for specific allocations, indicating that tokens will be distributed simultaneously following designated waiting periods.
For investors, unlock events are both risks and opportunities. Short-term traders closely monitor on-chain analytics to observe wallet movements and exchange inflows, seeking early signs of potential selling pressure. Long-term investors often see price dips linked to unlock events as an opportunity to buy more, as long as fundamental analysis supports the project’s continued potential.
Risk Management in Varying Seasons Smart market participants head major unlock weeks with well-defined risk management strategies. Position sizing becomes critically important during times of high uncertainty when great projects happen to get fundamentally strong price movements as large supply releases are coincident with times of low liquidity.
Diversification plays a crucial role in this strategy, as seasoned investors allocate their capital across assets with different vesting schedules to mitigate the effects of overall portfolio volatility. Projects with high staking rates, high revenue generation or growing user bases are generally able to withstand unlocks better than projects with neither of the features.
Conclusion December 22 to 29 tokens unlock wave is a major challenge for the resilience of crypto markets. The forthcoming expansion of supplies highlights a crucial factor for investors, even though the immediate price impact remains to be determined and varies by project. They emphasize the necessity in the context of interpreting crypto investments through tokenomics. Investors who develop frameworks to analyze unlock events according to recipient composition, market conditions and project fundamentals are in a better position to manage risk. This way, they are also able to identify the opportunities that supply expansions have created.
AUTHOR
Farhan Karim is a technology writer and content strategist with 15+ years of experience writing thousands of articles, blogs, whitepapers, and ebooks on Blockchain, Cryptocurrency, and other tech niches. His expertise in content strategy, SEO, and a keen eye on the ever-evolving tech space have led him to work with companies like Pepsi, Huawei, Arab News, and now Blockchain Reporter.
The decentralized identity ecosystem is rapidly evolving, where Web3 name services are becoming more than just simple vanity identifiers to serve as the new infrastructure for reputation on-chain. To add a stronger layer of security to Web3 identities, SPACE ID is teaming up with ChainAware.ai. The partnership will use AI to protect users and simplify how they manage their digital names. This collaboration adds an additional layer of security to the .bnb domain ecosystem, which is facing increasing risks from wallet hacks and malicious on-chain behavior.
Strengthening the .bnb Ecosystem with AI-Driven Intelligence BNB Chain continues to expand with many decentralized applications (dApps) and DeFi protocols and increasing risk from more sophisticated phishing attacks and wallet draining. The use of ChainAware.ai in the SPACE ID framework enables real-time monitoring and threat detection, specifically designed for .bnb domain holders.
ChainAware.ai uses sophisticated machines that can analyze user accounts to detect any signs of unusual activity. With this approach, ChainAware.ai establishes a technological link that seamlessly connects .bnb domains. Consequently, these domains will evolve into more than mere digital assets, backed by a robust infrastructure that actively monitors email activity in real time to detect malicious behavior associated with this type of identifier.
Deep-Level Wallet Audits and Threat Mitigation Among the features of this integration is the ability to do full wallet checks on a per-address basis. Instead of relying on traditional security measures where a domain is only flagged after a report is filed, the ChainAware.ai engine can take a proactive approach. This process is through careful study of the historical records and related interactions of each SPACE ID wallet and using its powerful audit capabilities.
For individuals involved in high-volume DeFi projects or NFT launches, a thorough analysis is crucial. Surveys on blockchain security trends highlight that the most effective strategy for minimizing exposure to $1 million attacks is early detection of threats before they occur. This latest update gives users the ability to ‘catch threats before they turn into attacks, which will be even more necessary in the unstable world of Web3.
The Future of Decentralized Identity and Security This move by SPACE ID is in line with a general trend in the industry where identity providers are placing increased responsibility for user safety. The industry is witnessing a massive shift towards utility integrated with robust security frameworks to drive mass adoption.
CHAIN AWARE.AI and SPACE ID’s integration makes it easier for individuals who may be unfamiliar with Web3 to secure their digital assets. The technical complexity of securing your digital assets is reduced, allowing for a more secure and user-friendly decentralized Internet experience.
Conclusion With the unveiling of new security features to the SPACE ID ecosystem, .bnb domain holders have now crossed an important milestone. The combination of user-friendly decentralized identities and the powerful prediction capabilities of artificial intelligence create a paradigm shift in on-chain security. These proactive measures will serve as the foundation of a safer future digital economy as Web3 grows and changes.
AUTHOR
Farhan Karim is a technology writer and content strategist with 15+ years of experience writing thousands of articles, blogs, whitepapers, and ebooks on Blockchain, Cryptocurrency, and other tech niches. His expertise in content strategy, SEO, and a keen eye on the ever-evolving tech space have led him to work with companies like Pepsi, Huawei, Arab News, and now Blockchain Reporter.
SPACE ID announces the integration with RIVER, the decentralized communication protocol for communities to engage with each other, which is an important step forward for social interactions within the Web 3.0 space. This integration is very important because it makes it possible for users to easily switch between different blockchains’ communities and have a unified experience when using them. By integrating SPACE ID’s name infrastructure into RIVER’s environment will allow users to identify and communicate with each other in decentralized chat rooms and social networks much more easily.
Enhancing User Experience with Human-Readable Identities Technical complexity is an issue preventing widespread web3 usage. Historically, transferring assets, or even locating friends requires navigating 42-character wallet addresses. With this integration, River users are now able to leverage SPACE ID’s human-readable domains like .bnb, .arb and .eth.
By making the replacement of cold strings of data with recognizable names much easier, River is dramatically lowering the barrier to entry for new users. This update is essential to ensure that identity is not limited to a backend function. It transforms into a dynamic social tool, empowering community members to cultivate and uphold a cohesive brand and reputation throughout the River platform.
The Power of Multichain Interoperability A prominent feature of the partnership is the creation of a multichain identity system. SPACE ID is now a universal name service network that connects multiple ecosystems. As the industry continues to become divided into different types of Layer-1 and Layer 2 services, it will be very valuable for users to maintain one identity on all platforms.
It is essential for River, which wants to be the chosen infrastructure for decentralized communities, to have multichain identities since this supports users with bringing all of their existing digital personas from deFI and NFT communities back into one shared social space. This trend is part of the larger movement towards “modular identity” in the industry, meaning that people will no longer maintain a digital footprint on just one chain.
A New Standard for Web3 Social Interaction Decentralized social (DeSoc) protocols are becoming popular as an alternative to centralized social media platforms, and so the integration comes at the right time for this so-called “DeSoc” movement. DappRadar reports that the demand for decentralized identity solutions is continuing to grow because of users’ concern over privacy and data ownership.
River has taken a very forward-thinking step in terms of user onboarding by integrating SPACE ID into their UI. This goes beyond just looking at the actual technology being used in a dApp but looking at how to put user experience first to make Web3 feel as easy and familiar to use as Web2 is to a user. This relationship also allows users of the ecosystem and members of the River community to communicate and transact with a sense of trust that they are working with verified users.
Conclusion The collaboration of SPACE ID with River enhances the development of a decentralized online world. These organizations are working to create a more accessible and integrated Web3 by integrating an enhanced name service with a community-based communications protocol. The increase in multichain identity will lead to integrations, like this one, that define the future of social interaction in a digital environment.
AUTHOR
Farhan Karim is a technology writer and content strategist with 15+ years of experience writing thousands of articles, blogs, whitepapers, and ebooks on Blockchain, Cryptocurrency, and other tech niches. His expertise in content strategy, SEO, and a keen eye on the ever-evolving tech space have led him to work with companies like Pepsi, Huawei, Arab News, and now Blockchain Reporter.
PANews reported on May 13th that KRWQ, a stablecoin denominated in Korean won, has announced its expansion to the Solana network to support on-chain Korean won liquidity. Created in partnership with IQ and Frax, the team stated that this deployment will make KRWQ a core settlement asset for Korean won liquidity on Solana. KRWQ will support various Korean won-denominated trading applications on Solana, including perpetual futures, on-chain forex markets, arbitrage strategies, cross-margin trading between Korean won and US dollar stablecoins, and institutional and algorithmic trading systems. The team stated that Solana's low-latency execution and deep liquidity were the reasons for choosing this network.
In March of this year, KRWQ was listed on EDX Markets' spot and perpetual contract markets, including the launch of Korean won perpetual futures on EDXM International. The stablecoin, first launched last October, was the first Korean won stablecoin on Base Layer 2.
