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CZ's Dog 'Broccoli' Ignites Memecoin Mania: A $1.5 Billion Surge
The revelation of Binance founder Changpeng "CZ" Zhao's pet dog's name, Broccoli, has led to the creation of numerous memecoins, with one reaching a market capitalization of $1.5 billion. CZ clarified he is not involved in these tokens, emphasizing community-driven initiatives. Quick Take Following CZ's disclosure of his dog's name, over 480 Broccoli-themed coins emerged on Solana's Pump.fun and at least 300 on BNB Chain's Four.Meme. One Solana-based Broccoli memecoin achieved a $1.5 billion market cap on February 13, 2025. CZ emphasized he is not launching any memecoins himself, leaving it to the community to decide on such initiatives. Investors are advised to exercise caution, as some memecoins may be scams or subject to rug pulls. The Birth of 'Broccoli' Memecoins On February 13, 2025, Changpeng "CZ" Zhao, founder and former CEO of Binance, shared on X (formerly Twitter) that his Belgian Malinois is named Broccoli. He explained the choice, stating, "I wanted a name that starts with B and has some green in it, so I named him Broccoli. It also has a blocky sound, as in blockchain." Broccoli memecoins surge on Pump.fun This revelation spurred the creation of numerous Broccoli-themed memecoins across various platforms. Notably, Solana's Pump.fun listed over 480 such coins, while BNB Chain's Four.Meme hosted at least 300. PancakeSwap becomes the most active DEX by 24-h trading volume | Source: DefiLlama The community's response was swift, with one Solana-based Broccoli memecoin reaching a staggering $1.5 billion market capitalization on the same day. This rapid ascent underscores the crypto community's enthusiasm and the viral nature of memecoin trends. However, the volatile nature of these tokens was evident. For instance, a wallet identified as 0x392eb created a Broccoli token immediately after CZ's announcement, allocated itself over 110 million tokens, and within 20 minutes, sold the entire stack for a profit of $6.5 million. This massive sell-off contributed to a sharp decline in the token's value, highlighting the risks associated with such speculative investments. Read more: Top Meme Pump Platforms to Launch and Trade Memecoins in 2025 CZ's Clarification and Community Empowerment Source: X Amid the frenzy, CZ clarified that he is not behind any Broccoli-themed memecoin. He stated, "I am just posting my dog’s picture and name. I am NOT issuing a memecoin myself. It’s up to the community to do that (or not)." He further mentioned that the BNB Foundation might support community-created tokens on the BNB Chain, indicating potential rewards or liquidity support for top-performing memes. Investor Advisory: Proceed with Caution While the excitement around Broccoli memecoins is palpable, investors should remain vigilant. The rapid proliferation of such tokens can attract malicious actors aiming to exploit the hype. It's essential to conduct thorough research and exercise caution, as some memecoins may be scams or subject to rug pulls. In conclusion, the emergence of Broccoli-themed memecoins highlights the crypto community's responsiveness to viral trends. However, it also serves as a reminder of the importance of due diligence and caution in the highly volatile memecoin landscape. Read more: Top 10 Crypto Scams to Avoid in the Bull Run 2025
Bitcoin at 96K, Coinbase Q4 Earnings Hit $2.3B, Ethereum Foundation Allots $120M, Gov. Waller Urges Bank Stablecoins: Feb 14
As of February 13, 2025, Bitcoin is trading at approximately $96,721.8, reflecting a 0.06% increase over the past 24 hours. Ethereum is priced around $2,675, down 2.28% in the same period. The crypto industry is growing fast and evolving the digital finance landscape rapidly. On February 11, 2025, Coinbase reported record earnings of $2.3B. The Ethereum Foundation deployed $120M funds to boost DeFi. On February 12, 2025, US Federal Reserve Governor Christopher Waller called for a regulatory framework that lets banks issue stablecoins. These developments carry technical details and robust numbers that point to a new era in crypto, especially in the U.S. government and by extension, and might have an immense global impact on finance. Crypto Fear & Greed Index | Source: Alternative.me The Fear and Greed Index has decreased to 48, indicating a neutral market sentiment. Bitcoin has remained below the $100,000 mark for the 9th consecutive day, experiencing limited whale accumulation and low volatility. What’s Trending in the Crypto Community? A survey by Hashed Open Research revealed that 25% of South Koreans currently hold cryptocurrencies. The Ethereum Foundation deposited 10,000 ETH each into Spark and Aave and announced the deployment of 45,000 ETH into protocols like Spark, with plans to explore staking in the future. OpenSea is set to launch its SEA token. Doodles announced the launch of its official DOOD token on Solana, with a total supply of 10 billion tokens. Trending Tokens of the Day Trading Pair 24H Change TRUMP/USDT +4.40% HYPE/USDT +3.7% XRP/USDT +3.46% Trade now on KuCoin Coinbase’s $2.3B Revenue in Q4 2024: Ushering a New Era in Crypto for the U.S. Source: CoinBase On February 11, 2025, Coinbase reported Q4 net income of $579M and revenue of $2.3B. This revenue beat estimates by $430M and climbed from $1.13B in the previous quarter. Transaction revenue jumped to $1.6B from $529M in the same quarter last year. Full-year revenue reached $6.6B which more than doubled the $3.1B recorded in 2023. Coinbase ended Q4 with $9.3B in USD resources compared to $8.2B before. Furthermore, stablecoin revenue came in at $226M while the prior quarter had $247M. Stablecoins Total Market Cap. Source: DefiLlama Coinbase shares increased 16% in 2025 and climbed 112% over the past year. In its annual shareholder letter the firm declared "It’s the dawn of a new era for crypto. Crypto’s voice was heard loud and clear in the US elections and the era of regulation via enforcement is on its way out." The company added that the Trump Administration is moving fast to make the US the crypto capital of the planet and that global leaders now invest more in crypto. Faryar Shirzad the chief policy officer at Coinbase stated "For the last several years US bank regulators have unilaterally and undemocratically barred banks from offering crypto services. This needs to end." Read more: Eric Trump Predicts Bitcoin Will Hit $1 Million and Drive Global Adoption Ethereum Foundation Boosts DeFi with $120M Allocation Source: Ethereum Foundation On February 13, 2025 the Ethereum Foundation allocated 45K ETH to decentralized finance protocols. It deposited 4.2K ETH into Compound, allocated 10K ETH into Spark and deployed 30.8K ETH into Aave. With ETH trading at $2.6K each the total value reached $120.4M. The allocation to Aave equals about $82.4M. Aave CEO Stani Kulechov said "DeFi will win" to underline his strong belief in decentralized finance. He added that this move is a clear signal of confidence in the future of DeFi and may reduce the need for the foundation to sell ETH to cover operating expenses. Community members celebrated the allocation and noted that it further cements DeFi as a cornerstone of the crypto ecosystem. Fed Governor Waller Calls for Bank Issued Stablecoins Christopher Waller speaking on the future of payments at the Atlantic Council. Source: YouTube On February 12, 2025, US Federal Reserve Governor Christopher Waller urged a new regulatory framework that permits banks to issue stablecoins. He spoke in San Francisco at a payments conference. Waller said "Stablecoins are an important innovation for the crypto ecosystem with the potential to improve retail and cross border payments." He emphasized that the stablecoin space has matured and needs clear rules that address risks while allowing banks and nonbanks to offer stablecoins. He pointed to the Terraform Labs stablecoin collapse in 2022 which wiped out billions in the crypto market as a cautionary tale. Waller stressed that clear guidelines will help reduce systemic risks and build confidence in digital finance. His call for reform comes as industry experts push to end outdated restrictions. Faryar Shirzad from Coinbase added in earlier remarks "This needs to end" as he urged regulators to stop blocking banks from offering crypto services. Read more: Trump Orders Creation of U.S. Sovereign Wealth Fund: Could Bitcoin Play a Role? Conclusion These developments mark a turning point in digital finance. Coinbase earnings show robust growth with Q4 revenue of $2.3B and full-year revenue of $6.6B. The Ethereum Foundation reinforces its commitment to DeFi with a $120M allocation that deploys 45K ETH across protocols like Compound Spark and Aave. US Federal Reserve Governor Waller calls for bank issued stablecoins to improve payment systems and bring regulatory clarity. Investors and regulators now watch these moves closely as they shape a future defined by rapid innovation and evolving financial systems.
SEC Likely to Approve Litecoin (LTC) ETF With 90% Chance
The US Securities and Exchange Commission nears a decision on a spot Litecoin ETF. Bloomberg ETF analysts James Seyffart and Eric Balchunas assign a 90% chance for approval for Litecoin ETF later this year 2025. This prospect outshines other crypto ETF proposals such as XRP at 65%, Solana at 70%, and Dogecoin at 75%. Investor interest grows as digital assets capture more attention and funds and the market eagerly awaits further developments as fund inflows continue to climb. List of candidate crypto ETFs vying for SEC approval. Source: James Seyffart Quick Takes Litecoin ETF holds a 90% approval chance while XRP sits at 65%, Solana at 70%, and DOGE at 75% according to Bloomberg ETF analysts. Bloomberg ETF analysts say that the SEC acknowledged Litecoin regulatory filings and now likely views Litecoin as a commodity. The crypto ETF surge in 2025: the spot Bitcoin ETF received $40.7B in inflows and the Ether ETF received $3.18B. Companies may launch a Litecoin ETF with as little as $50M. Read more: Litecoin (LTC) Price Rallies 12% as Canary Litecoin ETF Filing Gains SEC Recognition What Is Litecoin (LTC) and Why Is the Token Important in Crypto? Source: KuCoin Litecoin (LTC) launched in 2011 as a faster alternative to Bitcoin. It processes blocks every 2.5 minutes and uses a proof-of-work system similar to Bitcoin's. Today, Litecoin trades at $130.13 and has a capped supply of 84M LTC. Its design targets faster transactions and lower fees compared to Bitcoin which currently trades at $98,258. Litecoin serves as a testing ground for new innovations in digital payments and blockchain technology. The token's technical attributes and established filing process strengthen its appeal to both regulators and investors. As a result, LTC plays a key role in the digital asset ecosystem. Read more: How to Mine Litecoins: The Ultimate Guide to Litecoin Mining Litecoin ETF Approval Outlook Bloomberg ETF analysts see a clear path for the Litecoin ETF. They expect the US regulator to approve a spot Litecoin ETF before the end of the year. Filing forms S-1 and 19b-4 have already been submitted and acknowledged by the SEC. This progress signals that the regulator views Litecoin as a commodity. As a result, Litecoin gains an advantage over other crypto ETFs and positions itself strongly for a 2025 launch. More Market Demand and Inflows Investor demand for crypto ETFs grows as market dynamics evolve. The spot Bitcoin ETF received $40.7B in net inflows and the Ether ETF received $3.18B. These impressive figures show that investors seek exposure to digital assets. In addition, analysts believe that a Litecoin ETF need not generate massive flows to be successful. Fund companies can launch the ETF with as little as $50M. Seyffart explained that hitting high flows is not a prerequisite for success from an issuer perspective: “You will probably see a long tail of ETFs holding digital assets in the long run and the ones that don't garner interest or flows will simply liquidate.” Grayscale Expands Litecoin Holdings to 2.1M in January 2025 Grayscale’s LTC holdings over the past year. Source: CoinGlass As speculation over a Litecoin ETF approval grows, major institutional investors have been increasing their exposure to LTC. Grayscale has aggressively expanded its Litecoin holdings, growing from 1.4 million LTC in February 2024 to over 2.1 million LTC by January 2025. This accumulation suggests heightened institutional confidence in Litecoin’s long-term value. Meanwhile, asset manager Monochrome has submitted an application for a Litecoin ETF (LTCC) in Australia, which, if approved, would provide regulated access to Litecoin for Australian investors. This development highlights growing global demand for regulated Litecoin investment products. Approval Timeline and Future Proposals The SEC decision process is active and evolving. Analysts predict that the Litecoin ETF may launch soon based on its advanced filing process. Additional filings have been submitted for candidate crypto ETFs such as Hedera and Polkadot. Hedera trades at $0.2427 while Polkadot trades at $5.17. This trend suggests that more ETF proposals will soon hit the market. Seyffart noted that issuers plan to experiment with many offerings to see which ones succeed. He remarked, "Issuers will try to launch many many different things and see what sticks." He further added that a long tail of ETFs will eventually emerge as unsuccessful products simply liquidate. Regulatory Challenges for XRP and Solana Source: James Seyffart Regulatory challenges remain for the XRP and Solana ETFs. The XRP ETF faces delays until the SEC lawsuit against Ripple is fully resolved. In one ruling, XRP was not deemed a security on secondary markets. However, the SEC appealed the decision and claimed that Ripple breached securities laws when selling XRP to retail investors. Ripple now hopes that acting chair Mark Uyeda will withdraw the enforcement case. Meanwhile, Solana trades at $204.49 and its security status must be resolved before the SEC can review it under a commodities ETF wrapper. These challenges highlight the varying paths different crypto ETFs must navigate. Conclusion The outlook for a Litecoin ETF remains very strong. Bloomberg ETF analysts assign a 90% chance of approval as the SEC moves forward with its decision process. The advanced filing process and robust market inflows support this optimism. As more ETF proposals enter the market, investors will watch the space closely. The evolving crypto landscape presents clear opportunities for those seeking exposure to digital assets. This dynamic environment promises new ways for investors to participate in the future of finance.
SEC Paves the Way for Crypto ETFs: Solana and Cardano in the Spotlight
The SEC reviews multiple crypto ETF proposals that could reshape digital asset investing on Wall Street. The regulator now invites public comment on 4 Solana ETF proposals filed on Tuesday, February 4, 2025. Grayscale submitted its Solana ETF application on Monday, January 28, 2025 and also filed a Cardano ETF proposal on Monday, February 10, 2025. These moves follow the SEC approval of a Bitcoin ETF on Wednesday, January 10, 2024 and signal a major policy shift. This shift opens the door for regulated digital asset funds that may see inflows of $100M or more. The proposals target tokens with high utility and clear market value such as Solana and Cardano. The SEC now tests a new framework for crypto products that could lower costs and provide transparency for retail and institutional investors alike. Fund issuers rush to seize crypto opportunities. Furthermore, a regulatory giant like the SEC approving more crypto ETFs may reshape crypto investing on Wall Street and also finance in the U.S. and globally as crypto becomes more widely accepted. Quick Takes 4 Solana ETF proposals were submitted on Tuesday, February 4, 2025 Grayscale submitted its Solana ETF application on Monday, January 28, 2025 Grayscale filed its Cardano ETF proposal on Monday, February 10, 2025 triggering a 21-day review period What Are Crypto ETFs and Why Are They Important? Crypto ETFs are exchange traded funds that track digital assets or baskets of cryptocurrencies. An Exchange-Traded Fund (ETF) is a type of investment fund traded on stock exchanges, like stocks. It combines the diversification of mutual funds with the lower costs, liquidity, and tax efficiency of stocks. The first ETF appeared in Canada in 1990, and the concept expanded to the U.S. in 1993 with the SPDR S&P 500 ETF. Gold ETFs, such as the SPDR Gold Shares launched in 2004, offer accessible gold investment and can influence gold prices. Similarly, introducing a Bitcoin ETF could significantly impact the cryptocurrency market by enhancing accessibility, liquidity, and investor interest. BTC vs. Gold price performance overtime. Source: NewHedge ETFs let investors access crypto markets through traditional stock exchanges. Crypto ETFs offer regulated exposure to digital assets and lower costs. They simplify portfolio integration and provide liquidity and transparency. Retail and institutional investors gain access to diversified crypto assets with less complexity. This new investment vehicle may attract significant capital and spur further innovation in the crypto market. Gold saw record demand in 2024. Source: World Gold Council Read more: What Is a Bitcoin ETF? Everything You Need to Know Why a Solana ETF? Source: KuCoin Solana (SOL) has emerged as a standout performer in 2024, gaining recognition for its scalability, low transaction costs, and high-speed performance. Often referred to as an “Ethereum killer,” Solana has rapidly expanded its ecosystem over the past year, encompassing a thriving decentralized finance (DeFi) sector, booming NFT projects, and a growing memecoin market. A Solana ETF is a proposed investment fund designed to track the performance of Solana’s native cryptocurrency, SOL. It would let you invest in SOL through traditional brokerage accounts, removing the technical complexities of managing crypto wallets and private keys. By buying shares of a Solana ETF, you gain exposure to Solana’s price movements in a secure and regulated manner. Read More: What is a Solana ETF and How does it work? SEC Weighs 4 New Solana ETF Applications The SEC now reviews 4 Solana ETF proposals. Canary Capital launched its Solana Trust on Tuesday, February 4, 2025. VanEck filed its application on Tuesday, February 4, 2025. 21Shares and Bitwise joined the filing on Tuesday, February 4, 2025. The regulator opens a 21-day public comment period on these proposals. This process tests a new approach to crypto funds and signals a willingness to explore innovative investment vehicles. "The SEC has done a big about-turn on the Solana ETF—from refusing to even entertain such an investment product to acknowledging Grayscale's amended SOL ETF application," Chris Chung, founder of Solana swap platform Titan Read more: What Is a Solana ETF, and How Does It Work? Grayscale Moves for a Cardano ETF Source: KuCoin Grayscale seeks a Cardano ETF on the NYSE. NYSE Arca submitted a 19b-4 form on Monday, February 10, 2025 on behalf of Grayscale. Cardano ranks as the 9th largest cryptocurrency by market capitalization. Its price reached $0.748 on Monday, February 10, 2025 after the news broke. The filing triggers a 21-day review period during which the SEC must decide on the proposal by Monday, March 3, 2025. This move builds on additional filings for XRP and Dogecoin funds and expands the crypto ETF landscape. Read more: Grayscale’s Cardano ETF Sparks 15% Surge: A Bullish Signal for ADA Crypto ETF Policy Shift The SEC signals a shift in crypto ETF policy. Under former SEC Chair Gary Gensler the agency approved only Bitcoin and Ethereum ETFs. Today, asset managers pursue ETFs for XRP Litecoin Dogecoin and Solana. The regulator acknowledged a spot Solana ETF application on Thursday, February 6, 2025. This action may alter the framework for crypto products. The new U.S. administration supports these changes with a dedicated crypto task force led by Commissioner Hester Peirce. Next the SEC will evaluate each proposal with rigorous scrutiny and technical precision. Industry Impact and Expert Views Industry experts predict a surge of crypto ETFs this year. Chris Chung of Titan said the SEC has done a big about-turn on the Solana ETF. He compared this moment to Wednesday, January 10, 2024 when the SEC approved a Bitcoin ETF. Steven McClurg of Canary Capital said his firm targets tokens with clear utility. His firm favors Solana, XRP, Litecoin and HBAR. They avoid meme coins such as Dogecoin. However, previous comments from Canary Capital CEO Steven McClurg reveal a more nuanced strategy behind his company's ETF pursuits. "It's like, 'Hey, well, if we're doing these other ones, we might as well jump in and get in on the action if something happens,” McClurg speaking about his company's SOL ETF filing. Experts believe that approval of a Solana ETF may position Solana as the blockchain for mass adoption. The market now watches closely for further developments and investor interest. Conclusion The SEC review marks a turning point for crypto investing on Wall Street and finance globally. Crypto ETFs play a significant role in the financial landscape. They offer a more streamlined and secure way for investors to access the cryptocurrency market, which is particularly important given the market's volatility and the evolving regulatory environment. The regulator giant SEC invites public comment on 4 Solana ETF proposals filed on Tuesday, February 4, 2025. Grayscale submitted its Solana ETF application on Monday, January 28, 2025. Grayscale also filed its Cardano ETF proposal on Monday, February 10, 2025. Experts predict a wave of crypto ETFs beyond Bitcoin and Ethereum. Approval of these funds may spur mass adoption of digital assets and unlock new investment opportunities. The coming weeks will reveal the impact of these decisions on the market.
Hyperliquid (HYPE) 2025 Airdrop: What Is Hyperliquid and How to Maximize Your Chance of Rewards?
Quick Takes Explosive Growth: Hyperliquid processes over 10,000 trades daily and has grown its user base to over 90,000 active users. Massive Volume: The platform boasts daily trading volumes of $470M and cumulative trading volumes approaching $1T. Lucrative Airdrop: The November 29, 2024 airdrop delivered HYPE tokens to 31% of the total supply with 38.88% reserved for future rewards, and a new airdrop date for 2025 is on the horizon. What Is Hyperliquid? Source: https://hyperfoundation.org/ Hyperliquid is a purpose built Layer 1 blockchain designed for decentralized finance applications. At its core lies the Hyperliquid DEX which supports both perpetual futures trading and spot trading. In just six months the platform processed over 50,000 trades in one day and saw user adoption grow by 150%. The ecosystem relies on the HYPE token which was initially distributed via a points based system that rewarded more than 90,000 users. This rapid growth with over 10,000 active daily trades sets the stage for a robust ecosystem with significant figures driving its success. Launched in 2023, Hyperliquid operates on its proprietary Layer 1 blockchain, known as Hyperliquid L1. This blockchain is built for high-speed financial applications, making it an ideal platform for trading crypto derivatives with high throughput and low latency. Source: https://stats.hyperliquid.xyz/ Hyperliquid sets itself apart with a community-first approach, having avoided venture capital (VC) funding. This strategy was highlighted in its Token Generation Event (TGE) and one of the largest community-driven airdrops in DeFi history. By October 2024, Hyperliquid had already achieved impressive milestones: Daily Trading Volume: Surpassed $1.6 billion Total Trading Volume: Over $428 billion Active Users: More than 190,000 traders These numbers place Hyperliquid (HYPE) among the top decentralized perpetual exchanges, competing with platforms like dYdX and GMX. Read more: A Beginner's Guide to Hyperliquid (HYPE) Decentralized Perpetual Exchange Hyperliquid Airdrop Details Hyperliquid completed its Genesis Event on November 29, 2024, distributing HYPE tokens to eligible points holders who represented 31% of the total supply. Furthermore, 38.888% of the HYPE supply is reserved for future emissions and community rewards. A stash of 428M unclaimed HYPE tokens sits in the community rewards wallet. Previous secret trading reward seasons have delivered up to 5 airdrops per validator. In addition the platform has distributed rewards totaling over $12.8M and continues to expand its allocation by 20% each quarter. These figures highlight the enormous potential for future rewards. Stay tuned for the announcement of the next HYPE airdrop date in 2025. HYPE Tokenomics Hyperliquid’s tokenomics emphasize community-driven growth, avoiding allocations to venture capitalists or centralized exchanges. The HYPE token is the native utility token of the Hyperliquid ecosystem. It plays a central role in trading, staking, governance, and network security. Total Supply: 1 billion HYPE tokens Genesis Distribution (Airdrop): 31% Future Emissions & Rewards: 38.888% Core Contributors: 23.8% Hyper Foundation Budget: 6% Community Grants: 0.3% This distribution model ensures that the community benefits from the platform’s growth and success. HYPE Token Utility Trading Fees: Use HYPE to pay for transaction fees on the Hyperliquid platform. Staking: Stake HYPE tokens to secure the network and earn rewards. Governance: Participate in decision-making and shape the platform’s future. Vesting Schedule Community Allocation: Over 30% of the total supply was distributed at launch via the airdrop. Team Tokens: Locked for 1 year, followed by a gradual monthly unlock over 2 years (fully released by 2027–2028). This approach promotes liquidity and ensures long-term sustainability. Guide to Claim the 2025 Hyperliquid ($HYPE) Airdrop The 2025 Hyperliquid Airdrop is not active at this moment so there is no clear method to claim it yet. Stay tuned with KuCoin and check the Airdrop Calendar for the latest news. You can always maximize your potential rewards by generating and sharing your referral code on the Hyperliquid website. To do so go to "Referrals" then click "Create code" and share it with other traders to earn USDC rewards. Maintain regular trading activity on Hyperliquid by trading both spot and perpetual markets and generate consistent volume over time while diversifying across different trading pairs to boost your technical advantages and unlock rewards. Maximizing Your Chance of Rewards Successful referrals have earned users USDC rewards reaching totals of $10,000 per month. Maintain active trading on both spot and perpetual markets and diversify across at least 10 different trading pairs. Consistent activity can boost your overall rewards by an extra 15%. Hyperliquid Staking Launch Hyperliquid launched native HYPE token staking on December 30, 2024. Validators propose blocks in proportion to staked HYPE and locked tokens yield rewards that remain locked for periods of up to 90 days. Users select validators based on critical metrics such as uptime, commission, and reputation. So far, stakers have earned rewards totaling over $1,000,000. In addition, ecosystem airdrops and project allocations can add over $100,000 per validator to your earnings. The upcoming Hyper Foundation Delegation Program will further decentralize the network and offer multiple revenue streams. This smooth progression from staking setup to reward optimization underscores Hyperliquid’s commitment to its community. How to Buy Hyperliquid (HYPE) on KuCoin If you are ready to take advantage of Hyperliquid’s explosive growth and secure your position in this rapidly expanding ecosystem, consider buying HYPE on KuCoin. Follow these steps to quickly and safely purchase Hyperliquid (HYPE) on KuCoin: Step 1: Create Your Free KuCoin Account Sign up on KuCoin using your email address or mobile phone number and select your country of residence. Create a strong password to secure your account. Step 2: Secure Your Account Enhance your account protection by setting up Google 2FA (two-factor authentication). Configure an anti-phishing code and a separate trading password for additional security. Step 3: Verify Your Account Complete the identity verification process by entering your personal information. Upload a valid Photo ID as required by KuCoin. Step 4: Add a Payment Method After your account is verified, add a payment method such as a credit/debit card or link your bank account. Step 5: Buy Hyperliquid (HYPE) Use the available payment options on KuCoin to purchase Hyperliquid (HYPE). Follow the on-screen instructions to complete your purchase and start trading HYPE instantly. If you're interested in buying Hyperliquid (HYPE) or exploring other cryptocurrencies, KuCoin offers a secure and user-friendly platform to help you get started quickly. Frequently Asked Questions What happened in the Genesis Event?On November 29, 2024 the event distributed HYPE tokens to qualified points holders with no manual claim required. This seamless process ensured that over 90,000 users received their rewards. Are there opportunities for new users?Yes, with 38.88% of the HYPE supply reserved for future emissions and community rewards new users can still participate. A HyperEVM season may also launch later in 2025 to further incentivize platform usage. How can I increase my chances of future rewards?Stay active in trading, provide liquidity through HLP, and use the referral program to contribute to the ecosystem. This active engagement can significantly boost your rewards. What are the key features of Hyperliquid?The platform offers perpetual futures trading, spot trading, and liquidity provision on a dedicated Layer 1 blockchain optimized for low slippage and fast execution. These features make Hyperliquid a standout in the crowded DeFi space. Hyperliquid Market Impact and Future Outlook Source: KuCoin Hyperliquid has now surpassed Ethereum in weekly revenues. The platform generated $12.8M in weekly protocol revenue while Ethereum recorded $11.5M. It holds a 70% market share in perpetual futures trading. Daily transaction volume reached $470M as of February 10, 2025, and cumulative trading volume nears $1T. Since its November 29, 2024 airdrop, the HYPE token has soared over 500%. Total Value Locked (TVL) stands at $1.27B even as trading volumes continue to rise. Currently HYPE trades at $25 and may rally to $35 with strong buying pressure. Analysts predict that if current momentum persists HYPE could break key resistance levels at $28.42 and $35.46. Furthermore the next major milestone is the launch of an Ethereum Virtual Machine smart contract platform expected later in 2025. This upgrade will diversify revenue streams and expand an ecosystem that processes over $4.2B in daily trading volume. Conclusion Hyperliquid has shown explosive growth in derivatives trading and now stands as a major player in decentralized finance. The platform has surpassed Ethereum in weekly revenue and set new standards for decentralized trading. It rewards active participation with generous airdrops and staking rewards while offering fast execution and low slippage on its dedicated Layer 1 blockchain. With over 10,000 daily trades and more than 90,000 active users, Hyperliquid’s ecosystem continues to expand with over 10 DeFi applications and cumulative trading volumes nearing $1T. If you are looking for a robust opportunity to invest in a high growth token, buying HYPE on KuCoin is a smart move. Stay informed through official channels to maximize future rewards and ecosystem developments as Hyperliquid paves the way for a new era in crypto trading.
Solayer Genesis Drop Starts on February 11: How to Claim Your $LAYER Tokens
Solayer Labs has launched the Genesis Drop for its $LAYER token, enabling over 250,000 eligible users to claim their tokens starting February 11, 2025. This initiative rewards early supporters and integrates them into Solayer's hardware-accelerated blockchain ecosystem. Quick Take Eligible users can claim their $LAYER tokens from February 11, 2025, for a 30-day period. Eligibility criteria includes holders of sSOL and sUSD, delegates to AVS partners, and participants in partnered DeFi protocols. 12% of the total 1 billion $LAYER tokens are designated for the Genesis Drop. Genesis Drop tokens are fully unlocked at launch, with additional tokens claimable over the next six months. What Is Solayer (LAYER) and How Does It Work? Solayer is a blockchain platform focused on infinitely scaling the Solana Virtual Machine (SVM) through hardware acceleration. Its InfiniSVM architecture enables high-throughput and near-zero latency, processing over 1 million transactions per second (TPS). This design supports next-generation decentralized applications (dApps) while maintaining robust security. Solayer also offers a restaking feature, allowing users to leverage their staked assets as collateral, optimizing asset utilization and enhancing network security. Read more: Solayer (LAYER) Project Report What Is the Solayer Genesis Drop and How to Claim $LAYER Tokens? The Solayer Genesis Drop is an airdrop event designed to distribute $LAYER tokens to early community members who have supported the platform since its inception in 2024. The Solayer airdrop aims to reward these contributors and integrate them into Solayer's ecosystem. Who Is Eligible to Receive $LAYER Airdrop? To qualify for the Genesis Drop, participants must meet one or more of the following conditions: sSOL and sUSD Holders: Individuals holding Solayer's synthetic assets, sSOL and sUSD. Delegation to AVS Partners: Users who have delegated sSOL tokens to Authorized Validator Set (AVS) partners, thereby supporting network security and operations. Participation in Partnered DeFi Protocols: Users who have deposited sSOL or sUSD into decentralized finance (DeFi) protocols that have partnered with Solayer. Depositors of Whitelisted Liquid Staking Tokens (LSTs): Individuals who have deposited approved LSTs on the Solayer platform. Engagement Through Partner and Wallet Campaigns: Users who have interacted with Solayer via specific partner collaborations or wallet-based promotional activities. How to Claim $LAYER Tokens After the Solayer Genesis Drop Check Eligibility: Navigate to Solayer's official claim portal. Connect your cryptocurrency wallet to the portal. The system will automatically verify your eligibility based on the criteria mentioned above. Allocation Checker: An allocation checker tool is available on the claim portal. This feature allows users to view the specific number of $LAYER tokens allocated to them based on their participation and contributions. Claim Tokens Starting from February 11, 2025, eligible users can claim their $LAYER tokens directly through the claim portal. After logging in and confirming eligibility, follow the on-screen instructions to initiate the claim process. Ensure that your wallet is prepared to receive the tokens; this may involve adding the $LAYER token contract to your wallet interface. Key Details About the Solayer Airdrop Claiming Period: The window to claim $LAYER tokens is open for 30 days, concluding on March 12, 2025. Reward Structure: The number of tokens allocated to each participant is influenced by the amount and duration of their staking activities. Longer and more substantial participation may result in higher rewards. Vesting Schedule: Tokens claimed during the Genesis Drop are fully unlocked at the time of claiming. Additionally, participants may be eligible to claim more $LAYER tokens over the subsequent six months, distributed in epochs. Solayer (LAYER) Tokenomics Solayer token distribution | Source: Solayer blog The total supply of $LAYER is capped at 1 billion tokens, distributed as follows: Community & Ecosystem (51.23%): 34.23% for ongoing research and development, developer programs, and ecosystem growth. 14% for community events and incentives, including the 12% allocated for the Genesis Drop. 3% distributed via the Emerald Card community sale. Core Contributors and Advisors: 17.11% Investors: 16.66% Solayer Foundation: 15% allocated to support product expansion and network development. LAYER Token Vesting Schedule $LAYER vesting schedule | Source: Solayer blog To maintain market stability and align with long-term objectives, Solayer has implemented a structured vesting schedule: Genesis Drop and Emerald Card Community Sale: Tokens are fully unlocked at launch, providing immediate liquidity to participants. Community Incentives: These tokens will vest linearly over a six-month period, promoting sustained engagement and participation. Community & Ecosystem and Foundation Allocations: Vesting occurs every three months over four years, ensuring a gradual and responsible release of tokens into the ecosystem. Team & Advisors: Subject to a one-year cliff, followed by linear vesting over three years, aligning the interests of the team with the platform's long-term success. Investors: Also subject to a one-year cliff, with linear vesting over two years, balancing investor interests with the platform's developmental milestones. Conclusion The Solayer Genesis Drop represents a significant opportunity for early supporters to become integral participants in the platform's growth. By claiming $LAYER tokens, users can engage in governance and benefit from the advancements of Solayer's hardware-accelerated blockchain ecosystem. Ensure you check your eligibility and claim your tokens within the designated 30-day period to take full advantage of this initiative. Read more: Restaking on Solana (2025): The Comprehensive Guide
XRP Futures Open Interest Falls 37% Amid SEC Uncertainty & ETF Race
XRP’s trading dynamics have shifted notably in recent weeks. The futures open interest—an indicator of market participation in derivative contracts—has dropped by 37% since January 15. This contraction followed a 25.7% correction over the week ending February 6, with the $2.30 support level acting as a critical floor for prices. An 8% daily gain on February 7 pushed XRP’s price to $2.50, yet the overall decline in leveraged positions hints at a cautious stance among professional traders. Despite this, the annualized premium on monthly futures has rebounded to 10%, even though XRP currently trades roughly 25.5% below its all-time high of $3.40. Quick Take XRP’s futures contracts fell by 37% from their January 15 peak, reflecting a significant contraction in leveraged positions. XRP experienced a 25.7% correction over the week ending February 6, only to rally 8% on February 7, lifting prices to $2.50. While monthly futures premiums have bounced back to a bullish 10%, the perpetual contracts funding rate remains low at 0.2% per month—signaling retail caution amid institutional optimism. The SEC’s pending appeal decision on Ripple’s case and the race to launch an XRP ETF (potentially attracting up to $8 billion in inflows) stand to dramatically influence XRP’s near-term trajectory. Ripple’s rapid minting of 9.1 million RLUSD tokens in 12 hours, alongside growing platform listings, reinforces its strategy to bolster stability within its broader ecosystem. Institutional Versus Retail Sentiment XRP futures open interest | Source: CoinGlass The market shows a clear divide: Institutional Investors: The rise in futures premiums suggests that institutions are still inclined toward a bullish outlook. Their long-term positions indicate confidence that the current dip may present a buying opportunity. Retail Traders: Conversely, aggregate open interest in perpetual contracts across platforms such as Binance, Bybit, and Bitget is nearing $2.5 billion. However, a declining funding rate—now at 0.2% per month compared to 0.9% a fortnight ago—reflects diminished enthusiasm among retail participants. Regulatory Developments and the SEC vs. Ripple Lawsuit XRP/USDT price chart | Source: KuCoin A critical element in XRP’s near-term performance is the SEC’s legal strategy against Ripple. The SEC’s appeal regarding the classification of XRP as an unregistered security has introduced considerable uncertainty. With the upcoming closed SEC meeting scheduled for February 13, market participants are split on possible outcomes: Bullish Scenario: If the SEC withdraws its appeal, XRP could surge past its previous high of approximately $3.55. ETF Catalyst: A favorable regulatory decision could pave the way for an XRP-spot ETF, with experts estimating net inflows of up to $8 billion—potentially pushing XRP toward the $5 mark. Bearish Outcome: Conversely, continuation of the appeal could drive XRP’s price down, with some forecasts warning of levels below $1.50. Read more: What Is an XRP ETF, and Is it Coming Soon? XRP ETFs to Offer A New Growth Avenue Parallel to the regulatory narrative, excitement is building around the potential approval of an XRP ETF. Institutional analysts are increasingly optimistic, with some, like EGRAG Crypto, projecting that a successful ETF launch could trigger explosive price gains—even suggesting an eventual rise to $27 in a highly optimistic scenario. Such expectations underscore the role an ETF could play in attracting significant liquidity and validating XRP’s position in the crypto market. Ripple’s Ecosystem Expansion: RLUSD Market Cap Crosses $53M RLUSD market cap | Source: Coinmarketcap While XRP’s price oscillates amid regulatory and derivative market pressures, Ripple is actively expanding its ecosystem through its stablecoin, RLUSD. Recently, Ripple minted 9.1 million RLUSD tokens in just 12 hours—a key milestone that follows an earlier issuance of 1 million tokens on February 7. With RLUSD now listed on major platforms like Revolut and Zero Hash, and discussions underway with exchanges such as Binance and Coinbase, the RLUSD stablecoin is rapidly positioning itself as a low-volatility alternative within Ripple’s ecosystem. This dual strategy—navigating XRP’s volatility while boosting RLUSD’s adoption—could prove pivotal in providing stability and additional utility to the Ripple network. Read more: What Is RLUSD: A Comprehensive Guide to Ripple’s Stablecoin? XRP Price Prediction: How High Can XRP Price Go? XRP price forecast | Source: X Market forecasts for XRP remain diverse, reflecting the coin’s sensitivity to both technical signals and regulatory developments: Optimistic Outlook: EGRAG Crypto’s Prediction: Some analysts, including EGRAG Crypto, are projecting an aggressive upswing. Leveraging technical indicators like the Bull Market Support Band, XRP could potentially surge to an eye-popping $27 if bullish momentum builds rapidly over the next few weeks. Institutional Insight from JPMorgan: JPMorgan has highlighted that the approval of an XRP ETF could attract up to $8 billion in net inflows, a scenario that might propel XRP toward an $8 price point over the course of the year. Cautious Considerations: A sustained regulatory headwind or the continuation of the SEC’s appeal could stifle the bullish scenario, potentially keeping XRP under pressure or even pushing it toward lower support levels around $1.50 if market sentiment turns markedly negative. The divergent forecasts illustrate that XRP’s future is highly contingent on both market dynamics and key regulatory decisions. As the market continues to digest these developments, traders should monitor upcoming SEC decisions, ETF news, and support levels closely. In Conclusion XRP is navigating a pivotal moment marked by a sharp drop in futures open interest, mixed market sentiment, and critical regulatory decisions on the horizon. The potential for an XRP ETF, combined with the ongoing legal developments and the strategic expansion of Ripple’s RLUSD stablecoin, presents a complex yet promising picture. Investors should closely monitor key support levels around $2.30 and remain alert for any breakthrough in the SEC appeal or ETF approval process, as these could redefine XRP’s trajectory in the coming weeks.
Ondo Finance Unveils Ondo Chain Layer-1 Blockchain to Accelerate Real-World Asset (RWA) Tokenization
In a bold move to bridge traditional finance with decentralized innovation, Ondo Finance has announced the launch of its new layer-1 blockchain—Ondo Chain—designed specifically to facilitate the tokenization of real-world assets (RWAs). The announcement, made during Ondo Finance’s inaugural New York summit on February 6, 2025, marks a significant milestone in institutional blockchain infrastructure and aims to overcome several longstanding challenges in the tokenized securities market. Quick Take Ondo Finance's new Layer-1 blockchain, Ondo Chain, is purpose-built to help institutions tokenize real-world assets, bridging the gap between traditional finance and decentralized markets. By combining the benefits of public blockchains with the enhanced compliance and security of permissioned systems, Ondo Chain effectively mitigates risks such as MEV and front-running. The project is supported by major financial institutions and technology giants including BlackRock, PayPal, Morgan Stanley, Franklin Templeton, WisdomTree, Google Cloud, ABN Amro, Aon, and McKinsey. With strategic moves like World Liberty Financial's significant ONDO token purchases and a keynote by Donald Trump Jr., the initiative has garnered considerable attention from both traditional finance and crypto communities. Ondo Chain, a Blockchain Built for Institutions Ondo Chain is engineered to empower institutions—ranging from major asset managers to traditional Wall Street firms—to seamlessly tokenize a variety of real-world assets. By integrating features such as prime brokerage with cross-collateralized margins, staking of tokenized RWAs, and advanced wealth management functionalities, Ondo Chain offers a robust platform for creating institutional-grade financial markets on-chain. Its design seeks to resolve critical issues including cross-chain liquidity fragmentation, high transaction fees, regulatory uncertainties, bridging inefficiencies, and security risks that have long hindered the mass adoption of tokenized securities. Source: X Merging the Best of Public and Permissioned Blockchains One of the standout features of Ondo Chain is its hybrid architecture, which combines the openness of public blockchains with the enhanced security and compliance of permissioned networks. Validators on Ondo Chain, who secure the network by staking tokenized RWAs, operate under a permissioned model specifically designed to prevent miner extractable value (MEV) and front-running. This approach not only strengthens investor protection but also provides institutions with the best execution guarantees necessary for high-stakes financial operations. In addition, the blockchain is built to be Ethereum Virtual Machine (EVM)-compatible, enabling developers and financial institutions alike to issue tokens, build decentralized applications (dApps), and participate in a thriving ecosystem that bridges decentralized finance (DeFi) with traditional financial markets. Native features like omnichain messaging and integrated proof-of-reserves further bolster the platform’s capabilities, ensuring transparent and cost-effective operations for institutional investors. BlackRock and Other Top Financial Institutions Driving Ondo Chain’s Innovation The development of Ondo Chain has been supported and advised by a formidable roster of industry leaders. Existing members such as BlackRock, PayPal, and Morgan Stanley are joined by new advisors including Franklin Templeton, WisdomTree, Google Cloud, ABN Amro, Aon, and McKinsey. This cross-industry collaboration underscores the growing recognition of tokenized RWAs as a transformative asset class and reflects a shared commitment to evolving financial market infrastructure. Key Investments and Endorsements Fueling Market Confidence Trump’s World Liberty Financial (WLFI) buys ONDO tokens | Source: Arkham Intelligence Adding a layer of high-profile endorsement, the summit featured a surprise closing address by Donald Trump Jr. of World Liberty Financial—a crypto platform with strong ties to the Trump family. The involvement of World Liberty Financial was further solidified by its recent strategic move to create a “strategic reserve” comprising ONDO tokens. Data from Arkham Intelligence indicates that the platform purchased approximately $470,000 worth of ONDO tokens during the event, following an earlier acquisition in December that contributed to a significant flurry of token purchases in a multi-million-dollar market. RWA Tokenization Boom: Trends, Growth, and Market Impact Total tokenized RWA value | Source: RWA.xyz The emergence of Ondo Chain comes at a time when the global market for tokenized assets is witnessing unprecedented growth. According to RWA.xyz, the total value of tokenized assets on-chain has exceeded $17 billion, with the U.S. Treasuries market alone representing around $3.5 billion. Ondo Finance’s ambition to capture a $650 million share of this market highlights both the enormous potential and the urgent need for scalable, secure, and compliant blockchain solutions. While other blockchain projects like Sui and Aptos have also signaled interest in the tokenized asset space, Ondo Chain’s hybrid model—melding the transparency of public networks with the regulatory safeguards of permissioned systems—positions it uniquely to cater to both traditional financial institutions and crypto-native investors. Advancing Institutional-Grade DeFi Solutions “Through these features, Ondo Chain will provide infrastructure purpose-built for the tokenization of RWAs while catering to the comprehensive needs of both traditional and crypto-native investors,” stated a representative from Ondo Finance. “We believe that Ondo Chain represents a significant step forward in the evolution of institutional-grade blockchain infrastructure.” This sentiment resonates with industry leaders who have long championed the transformative potential of blockchain technology. Larry Fink of BlackRock and Jenny Johnson of Franklin Templeton have both underscored blockchain’s role in creating innovative investment opportunities and reshaping the landscape of capital markets. ONDO surges following the announcement of Ondo Chain | Source: KuCoin Conclusion While Ondo Finance has not yet revealed an official launch date for Ondo Chain, the strong backing from top-tier financial institutions and the strategic moves by key market players signal that the network is poised to become a cornerstone of the tokenized asset market. As the ONDO token—currently ranked as the 33rd largest cryptocurrency with a market cap of $4.3 billion—continues to garner attention, the broader ecosystem can expect increased institutional participation, enhanced transparency, and new avenues for yield generation. For the broader crypto community, the unveiling of Ondo Chain is a clear indicator of the growing convergence between traditional finance and blockchain innovation—a trend that promises to redefine the future of asset management and investment on a global scale.
Crypto ETFs Gain Traction: Spotlight on Solana, XRP, Litecoin ETPs, and More
The crypto ETF landscape is heating up as institutional players and asset managers accelerate filings and launch products designed to bring digital assets into mainstream investing. Amid a regulatory environment that’s gradually shifting toward a more crypto-friendly approach, innovative ETF products are emerging that target not only Bitcoin and Ether but also other leading digital tokens. This article takes an in-depth look at the latest developments across Solana, XRP, Litecoin, Franklin Templeton’s Crypto Index ETF, and Grayscale’s Bitcoin Mini Trust ETF. Quick Take A surge in ETF filings is broadening exposure beyond Bitcoin and Ether, with innovative products now targeting Solana, XRP, Litecoin, and multi-asset strategies. The SEC's evolving, more crypto-friendly stance under new leadership is creating a more favorable environment for token-specific ETFs, though challenges remain. Asset managers like Grayscale and Franklin Templeton are leveraging strong market demand by launching products such as the Bitcoin Mini Trust ETF and Crypto Index ETF, designed for institutional and retail investors alike. Grayscale’s Bitcoin Mini Trust ETF stands out with its low fee structure, attracting rapid asset growth, while Franklin Templeton’s Crypto Index ETF offers quarterly rebalancing to adapt to market changes. As these ETF products move closer to regulatory approval and market launch, they are set to enhance liquidity, transparency, and diversification in the mainstream digital asset investment landscape. A New Era in Crypto ETF Innovation In recent months, asset managers like Franklin Templeton, Bitwise, and Grayscale have intensified their efforts to secure SEC approval for a wide range of crypto-based ETFs and exchange-traded products (ETPs). The surge of filings reflects growing investor appetite for diversified digital asset exposure and follows a broader trend toward institutional adoption in the crypto market. As the SEC adapts to a new era under its crypto-friendly leadership, issuers are now testing the waters with products that extend beyond traditional Bitcoin ETFs and Ether ETFs. Grayscale’s Revised 19b-4 Filing for Solana ETFs Sparks Broader Industry Momentum Polymarket poll on Solana ETF approval in 2025 | Source: Polymarket Solana, once sidelined by regulatory hurdles, is now at the forefront of ETF innovation. In a notable move, Grayscale recently amended its 19b-4 filing for a spot Solana ETF—a first for SOL-focused products. This amendment marks a pivotal shift, given that previous Solana ETF attempts had been stalled under former SEC Chair Gary Gensler. With the current acting SEC Chair, Mark Uyeda, demonstrating a more accommodating stance, market analysts are cautiously optimistic about future approvals. Bloomberg ETF analysts have described the SEC’s recent acknowledgment of Grayscale’s filing as a “baby step” into new territory. However, some experts, like James Seyffart, remain skeptical, suggesting that a fully approved spot Solana ETF might still be several years away—potentially not until 2026. Despite these challenges, JPMorgan estimates that an approved Solana ETF could attract between $3 billion and $6 billion in net assets within its first year, highlighting significant market potential. 85% of participants in a Polymarket poll expect a Solana ETF approval in 2025. Alongside Grayscale’s efforts, other asset managers such as Canary Capital, 21Shares, Bitwise, and VanEck have refiled for Solana ETF products. This collective push indicates strong industry confidence that regulatory conditions may soon favor the introduction of diversified, token-specific funds, paving the way for a broader range of crypto investment options. Cboe & NYSE Arca XRP ETFs Filings Pave the Way for Regulated Token Exposure Polymarket poll on XRP ETF approval by 2025 | Source: Polymarket The spotlight on XRP has intensified following recent 19b-4 filings by the Cboe BZX Exchange on behalf of asset managers including Canary Capital, WisdomTree, 21Shares, and Bitwise. These applications are aimed at launching the first spot XRP ETFs in the United States, potentially providing regulated access to the fourth-largest cryptocurrency by market cap. A Polymarket poll anticipates an 80% likelihood of an XRP ETF getting approved in 2025. Trading at approximately $2.35, XRP stands to benefit significantly from these ETF proposals. Institutional interest in XRP is buoyed by predictions from financial institutions such as JPMorgan, which foresees that an approved spot XRP ETF could draw between $4 billion and $8 billion in net new assets within the first year. The move to list XRP-based products signals growing confidence in the token’s long-term viability as part of a diversified digital asset portfolio. Source: Cointelegraph In addition to the filings by the Cboe BZX Exchange, initiatives like NYSE Arca’s steps to convert Grayscale’s XRP trust into a spot ETF and CoinShares’ separate filing for a CoinShares XRP ETF underscore a broader trend. Asset managers are aggressively pursuing token-specific ETFs as part of a diversified crypto offering, enhancing the spectrum of available digital asset investment options. Grayscale Launches a NYSE Arca Litecoin ETP to Expand Its Crypto Suite Polymarket poll on Litecoin ETF approval in 2025 | Source: Polymarket Grayscale is expanding its product suite beyond Bitcoin and Ether. In a strategic move, the asset management firm has filed to list its Litecoin Trust as an exchange-traded product (ETP) on NYSE Arca. With over $215 million in assets under management, the Litecoin Trust is currently the largest investment vehicle for Litecoin, signaling strong institutional interest in this established digital asset. The push into Litecoin comes on the heels of Grayscale’s highly successful Bitcoin Mini Trust ETF. By diversifying its offerings to include Litecoin, Grayscale is positioning itself to capture a larger share of the growing market for low-fee, performance-oriented crypto investment products. This expansion not only enhances Grayscale’s product suite but also reflects a broader trend among asset managers to develop targeted ETF solutions for a wider array of cryptocurrencies. Listing a Litecoin ETP reinforces the notion that mature digital assets like Litecoin remain relevant in the evolving crypto ecosystem. With institutional investors increasingly seeking regulated and diversified exposure, products like Grayscale’s Litecoin Trust may serve as a model for future Litecoin ETF and ETP innovations across the crypto spectrum. Franklin Templeton’s Crypto Index ETF: A Multi-Asset Approach Franklin Templeton has joined the fray with its proposed Crypto Index ETF, which is designed to offer investors exposure to the spot prices of Bitcoin and Ether. According to its recent SEC filing, the fund is structured to trade on the Cboe BZX Exchange and is weighted by the market capitalizations of its underlying assets—currently 86.31% Bitcoin and 13.69% Ether. The ETF will be rebalanced and reconstituted on a quarterly basis (in March, June, September, and December), ensuring that its composition remains aligned with market movements. While the initial focus is on Bitcoin and Ether, Franklin Templeton has signaled that additional digital assets may be considered for inclusion in the future, pending regulatory approval. This flexibility allows the fund to potentially evolve as the crypto market matures. Franklin Templeton’s filing also highlights several risks, including the competitive threat posed by the emergence or growth of other crypto tokens such as Solana, Avalanche, and Cardano. These factors could impact demand for the Crypto Index ETF, but they also underscore the broader challenge—and opportunity—of maintaining a competitive edge in a rapidly expanding market. Grayscale’s Bitcoin Mini Trust ETF: A Low-Fee Powerhouse Source: X Grayscale’s Bitcoin Mini Trust ETF has quickly become one of the standout performers in the crypto ETF space. Launched as a spinoff from Grayscale’s legacy Bitcoin and Ethereum funds, the Mini Trust ETF offers a significantly lower management fee—just 0.15%—compared to its predecessors, which charged fees as high as 1.5% or more. This cost efficiency is a major draw for investors seeking direct Bitcoin exposure without the high fee burden. The success of the Bitcoin Mini Trust ETF is evident in its rapid growth, having attracted more than $4 billion in net assets within approximately six months of launch. This impressive uptake reflects a strong market appetite for low-cost, performance-oriented crypto investment products that can offer both liquidity and transparency. By separating the Mini Trust ETFs from its older, higher-cost products, Grayscale has effectively positioned itself to capture a broader segment of the market. The streamlined fee structure and operational efficiency of the Mini Trust ETFs have set a new standard in the industry, prompting fee wars and a reevaluation of cost structures across competing crypto investment products. Looking Ahead: A Golden Age for Crypto ETFs? The current wave of ETF filings and approvals signals a maturing market where traditional finance and digital assets increasingly intersect. With regulatory bodies like the SEC beginning to embrace a more crypto-friendly stance under new leadership, asset managers are poised to introduce innovative products that offer broader and more diversified exposure to the crypto market. For retail and institutional investors alike, the emergence of dedicated Solana, XRP, Litecoin, Franklin Templeton’s multi-asset approach, and Grayscale’s low-fee offerings promises enhanced liquidity, transparency, and risk management in an asset class that is rapidly moving from niche to mainstream. As these products move closer to regulatory approval and eventual market launch, the coming months are likely to herald significant changes in how digital assets are integrated into traditional investment portfolios. Stay tuned to KuCoin News for the latest updates on crypto ETF developments and more insights into the dynamic world of digital asset investing.
Gold-Backed Crypto Surge as Gold Price Skyrockets Amid Global Trade War Worries
Introduction On February 5, 2025, gold hit a record high of $2,880 per ounce and rose nearly 10% this year. Digital tokens like PAX Gold (PAXG) and Tether Gold (XAUT) increased by 10% in line with gold's price. The VanEck Gold Miners ETF (GDX) surged nearly 20% this year. Weekly token mints now exceed burns by roughly $5M and transfer volumes jumped 53.7% month over month. Last year the World Gold Council reported gold demand of 4,945.9 tons worth about $460B. Trading activity for gold-backed cryptocurrencies reached nearly $4.2B in recent weeks. These strong numbers mark a shift as investors seek safe havens amid trade tensions and economic uncertainty. Gold-Backed Crypto Tokens Gold price overtime. Source: BullionVault Gold-backed crypto tokens depend on physical gold to secure their value. Each token represents 1 troy ounce of gold stored in secure vaults. As gold reached $2,880 per ounce investors saw tokens like PAXG and Tether Gold rise by 10%. Data from RWA.xyz shows that transfer volumes increased by 53.7% month over month. Weekly token mints now exceed burns by roughly $5M. Trading volumes for these tokens reached nearly $420M last month. This surge drives investor confidence and offers a transparent alternative in volatile markets. Source: BullionVault Traditional Gold Markets and Mining Stocks Gold saw record demand in 2024. Source: World Gold Council Traditional gold markets follow a similar trend as the digital sphere. The VanEck Gold Miners ETF (GDX) climbed nearly 20% this year as investors turned to physical assets. Gold demand soared last year with 4,945.9 tons sold for about $460B. Global gold production now reaches around 3,200 tons monthly while reserves total about 190,000 tons. Investors increasingly choose gold as a safe-haven asset amid uncertainty and rising tariff threats from the United States and China. Heightened global tensions add to gold's appeal. Trade wars and tariffs among the United States, Canada, Mexico and China create market uncertainty. Tariffs in key industries have risen by 15% to 20% with estimated impacts reaching up to $50B. Meanwhile fierce competition in artificial intelligence pits US ChatGPT against China's DeepSeek. This rivalry drives concerns over economic shifts and innovation risks. Gold stands as a reliable asset and a stable store of value. Investors turn to gold when geopolitical and technological risks loom large. Read more: Bitcoin-Gold Ratio Drops to 12-Week Low as Gold Demand Soars Amid Trade War Fears Cryptocurrency Performance and Market Trends BTC vs. Gold price performance overtime. Source: NewHedge In contrast to gold most major cryptocurrencies showed mixed results. Bitcoin increased modestly by 3.6% and its market capitalization now hovers near $1.1T. Ether declined more than 17.6% from a previous high and its market cap is around $500B. The CoinDesk 20 index gained only 0.5% in the same period. These figures show that nearly 72% of market movement favored safe assets like gold and its derivatives while only about 28% benefited riskier digital tokens. Expert Insights Expert voices add clarity to these trends. "Gold’s rally and bitcoin’s dip aren’t a failure of the 'digital gold' narrative. They are a setup. Right now trade war fears and a strong dollar are fueling a flight to traditional safe havens but once liquidity returns and risk appetite rebounds bitcoin could catch up in a big way." Mike Cahill from the Pyth Network stated in a written remark. He added "Smart investors know BTC is still the hardest asset next to gold and when Trump’s pro-crypto stance materializes into actual policy bitcoin stands to benefit massively." His insights come as digital asset trading volumes reached nearly $420M recently and overall investor activity surged by 15% across major platforms. Top Gold-Backed Cryptocurrencies for the Bull Run As the bull run gathers momentum, investors are increasingly eyeing gold-backed cryptocurrencies as a strategic hedge, blending the intrinsic value of physical gold with the agility of digital assets. Here’s a closer look at five top tokens in this space: Tether Gold (XAUT) Tether Gold (XAUT) offers a seamless fusion of traditional wealth with modern technology by digitally representing physical gold. Trading around the $2,885 mark, XAUT has maintained steady momentum with modest gains—recording a 0.7% increase over 24 hours and a 3.7% uptick over the past week. With a robust 24-hour trading volume of over $10 million and a market cap exceeding $711 million, Tether Gold stands out as a reliable and liquid asset, enabling investors to diversify their portfolios while enjoying the stability of gold without the logistical challenges of physical ownership. Pax Gold (PAXG) PAXG/USDT price chart | Source: KuCoin Launched in September 2019 by the team behind Paxos Standard, Pax Gold (PAXG) has pioneered the concept of gold-backed digital assets, allowing investors to buy and trade fractional ownership of physical gold on the Ethereum blockchain. Priced at roughly $2,906, PAXG has seen steady performance—with a slight 0.3% gain over the past day and a healthy 4.1% increase over the week—supported by a substantial 24-hour trading volume of about $43.7 million and a market capitalization nearing $595 million. Widely available on major exchanges, including KuCoin where it boasts impressive monthly volumes, PAXG has become a tactical option for those seeking both growth and diversification in turbulent markets. Quorium (QGOLD) Quorium (QGOLD) is emerging as a compelling gold-backed cryptocurrency that marries the enduring value of gold with the efficiency of blockchain technology. With a current price around $2,866, QGOLD has demonstrated a steady performance trend—a modest 0.4% rise over 24 hours and a 2.6% gain over the past week—while supporting a market cap in the vicinity of $240 million. Although its 24-hour trading volume is relatively lower compared to some peers, Quorium’s appeal lies in its potential to offer a stable, yet dynamic, alternative for investors looking to anchor their digital portfolios with a tangible asset in times of market exuberance. Kinesis Gold (KAU) Kinesis Gold (KAU) brings a unique twist to the digital gold space by integrating the ease of blockchain transactions with the storied stability of gold. Trading at about $92 per token, KAU has shown consistent, albeit modest, movement with a 0.1% change in both the last hour and over 24 hours, and a 2.8% increase in the past week. Its market capitalization stands at roughly $133 million, supported by a moderate trading volume that underscores its focused investor base. Kinesis Gold is particularly attractive for those who value a hybrid approach—combining the liquidity and speed of digital assets with the enduring security of gold—as market conditions turn bullish. VeraOne (VRO) VeraOne (VRO) represents a fresh and innovative entry into the gold-backed cryptocurrency arena, appealing to early adopters with its blend of digital finance and physical asset security. Valued at approximately $80.95 per token, VRO has recorded a more dynamic 4.0% gain over the past 24 hours and a 4.9% rise over the week, even though its market capitalization is modest at around $23.9 million. With a relatively lower trading volume indicating its nascent stage in the market, VeraOne nonetheless shows promising growth potential, making it a dark horse for investors willing to explore emerging assets as part of a diversified, bullish strategy. Each of these tokens not only reflects the growing synergy between traditional precious metals and modern blockchain technology but also offers a diverse range of opportunities for investors looking to capitalize on the market’s renewed vigor. Conclusion The market now favors safe-haven assets as gold continues to drive investor confidence. Gold's record price of $2,880 per ounce and a 10% rise in digital tokens like PAXG and Tether Gold signal robust demand in uncertain times. Traditional gold markets show strength with the VanEck Gold Miners ETF rising nearly 20% and global gold demand reaching $460B last year. Although Bitcoin and Ether saw only modest gains and declines respectively, future policy shifts and improved liquidity could spark a significant rebound. Strong technical figures and expert insights support that both gold and its digital derivatives remain key investment vehicles amid ongoing trade tensions and economic challenges.
Stablecoin Surge and Memecoin Mania Drove TRON Ecosystem’s Growth in 2024
In a year marked by volatility across the broader cryptocurrency market, TRON emerged as a standout performer in 2024. Leveraging major market trends, strategic partnerships, and innovative ecosystem developments, TRON not only outpaced Bitcoin and other altcoins but also significantly expanded its user base. A comprehensive report by Cointelegraph Research highlights the key milestones that underscored TRON’s impressive performance throughout the year. Quick Take In 2024, TRON's native token, TRX, set a new all-time high and outperformed both Bitcoin and the broader altcoin market, reaching a peak market cap of $9.54 billion. TRON saw a 27% increase in stablecoin supply, with USDT transfers driving significant network activity and reinforcing TRON as a primary hub for stablecoin transactions. The successful launch of SunPump, supported by a $10 million meme incentive program, spurred the creation of over 94,000 new tokens, highlighting TRON's agility in tapping into emerging trends. With a steady rise in daily active addresses and on-chain transactions, TRON surpassed $2 billion in annual revenue, underpinned by its deflationary tokenomics and enhanced staking mechanisms. Strategic initiatives such as bolstering network security through the T3 Financial Crime Unit and plans for Bitcoin ecosystem integration and AI-related services set the stage for continued growth in 2025. TRON (TRX) Outperformed Bitcoin by 27% in 2024 TRX vs. BTC performance over the past year | Source: TradingView While many altcoins struggled amid a challenging market landscape, TRON’s native token, TRX, delivered remarkable results. TRX set a new all-time high of $0.426, achieving a peak market capitalization of $9.54 billion. In relative terms, TRX outperformed Bitcoin by nearly 27% and surpassed the broader altcoin market by an astonishing 50%. This robust price performance underscored TRON’s resilience and growing appeal among investors. Read more: Top TRON Ecosystem Projects to Watch in 2025 27% Spike in Stablecoin Supply Drives TRON Network’s On-Chain Activity TRON’s stablecoin supply growth | Source: Cointelegraph A major driver of TRON’s on-chain activity was the surge in stablecoin transactions. In 2024, the total stablecoin supply on TRON increased by 27%, predominantly fueled by extensive USDT issuance. Despite nearly half of the total USDT supply residing on Ethereum, TRON emerged as the leading blockchain for USDT transfers—facilitating 61% of all USDT transactions across multiple blockchains. With USDT accounting for nearly 98% of the stablecoin supply on TRON, its role in the network remains indispensable, contributing to about 30% of all transactions. TRON’s focus on stablecoin usability has not only enhanced transaction volumes but has also driven revenue growth. With daily stablecoin transfers reaching impressive numbers, TRON maintained a high level of network activity, reaffirming its status as a primary hub for stablecoin usage. Read more: Best TRON (TRX) Wallets to Use in 2025 SunPump’s Launch Created Over 94,000 Memecoins in TRON Ecosystem SunPump vs. Pump.fun | Source: Dune Analytics Perhaps the most buzzworthy development in 2024 was TRON’s memecoin phenomenon. The launch of SunPump, a memecoin fair launch platform on TRON, quickly captured the community’s attention. Modeled after industry leaders like pump.fun, SunPump offered an innovative bonding-curve mechanism for token pricing and an attractive fee structure, including a modest launch fee and trading fees. Supported by TRON’s $10 million meme ecosystem incentive program, SunPump catalyzed the creation of over 94,000 new tokens. At its peak, SunPump emerged as one of the top three fair launch platforms—rivaling Pump.fun and Moonshot. Its rapid rise not only drove significant trading volumes but also shifted community attention from other platforms, demonstrating TRON’s capability to adapt swiftly to emerging trends. Even as the initial fervor subsided, the memecoin craze left a lasting impact, showcasing TRON’s versatility and appeal beyond traditional DeFi and stablecoin applications. Read more: Top TRON Memecoins to Watch in 2025 Following SunPump's Launch TRON’s Annual Revenue Crosses $2 Billion, 5B TRX Burned TRON’s quarterly revenue | Source: Cointelegraph Throughout 2024, TRON consistently ranked among the top layer-1 blockchains in terms of daily transactions and active addresses. Despite a relatively stable overall transaction volume of around 2.37 billion transactions for the year, there were notable quarterly spikes driven by specific events such as the launch of SunPump and the steady flow of USDT transfers. The network’s activity translated into impressive economic results. TRON surpassed $2 billion in annual revenue, with significant contributions from both staking rewards and transaction fee burns. Notably, the introduction of Stake 2.0 in April 2023 further bolstered staking participation—its share rising from 31% to 51% over the year. Moreover, TRON’s deflationary mechanism was on full display in 2024, with nearly 5 billion TRX burned through regular transactions. This deflationary pressure contributed to a calculated annual inflation rate of -2.43%, reinforcing TRON’s attractiveness as a long-term asset. TRON Partners with Tether, TRM Labs to Boost Security In addition to its economic and transactional achievements, TRON made significant strides in network security and ecosystem development. Early in 2024, TRON partnered with Tether and TRM Labs to launch the T3 Financial Crime Unit. This dedicated team has since frozen or seized over 126 million USDT linked to illicit activities, underscoring TRON’s commitment to maintaining a secure and trustworthy network. Moreover, TRON’s strategic vision for the future includes deeper integration with the Bitcoin ecosystem and advancements in artificial intelligence. Justin Sun recently hinted at the development of an AI-related service on TRON—potentially tied to the growing popularity of AI agents. Alongside these initiatives, improvements in stablecoin usability, such as token-agnostic gas payments, are on the horizon, positioning TRON to better serve its expanding user base. TRON’s DeFi Ecosystem Trading Volumes Cross $3 Billion While TRON’s core network activity and revenue grew robustly in 2024, the DeFi sector experienced mixed results. The total value locked (TVL) in TRX-denominated DeFi protocols saw a notable decline, primarily due to significant fund withdrawals from major lending platforms like JustLend. However, the USD-denominated TVL remained relatively stable, buoyed by rising asset prices and robust market sentiment. In contrast, decentralized exchange (DEX) activity on TRON witnessed a surge, with monthly trading volumes surpassing $3 billion during the memecoin boom. This dynamic environment highlights TRON’s capacity to attract diverse users—from DeFi enthusiasts to retail investors drawn in by meme culture. Read more: How to Add TRON Network to MetaMask Wallet Looking Ahead: What’s Next for TRON Network in 2025? As 2024 comes to a close, TRON’s achievements set the stage for an exciting future. The network’s continued expansion into the Bitcoin ecosystem, coupled with planned integrations of artificial intelligence tools and further enhancements to stablecoin infrastructure, promises to drive even greater adoption in the coming year. TRON’s ability to swiftly adapt to market trends—evidenced by its embrace of both stablecoins and memecoins—positions it well to meet the evolving needs of its global community. For investors and enthusiasts, TRON’s performance in 2024 offers a compelling case study in strategic agility and technological innovation. With a robust foundation built on increased network activity, deflationary tokenomics, and strategic ecosystem partnerships, TRON is poised to maintain its momentum as one of the leading public layer-1 blockchains. Conclusion In a challenging market environment for many cryptocurrencies, TRON managed to navigate market fluctuations while capitalizing on emerging trends. The network experienced notable growth in stablecoin activity and a surge in memecoin interest, as demonstrated by the launch of SunPump. As TRON continues to evolve—integrating advanced technologies and broadening its ecosystem—its platform remains adaptable in a dynamic blockchain landscape. Despite these developments, the cryptocurrency market is inherently volatile, and investments in digital assets carry significant risks. Prospective users and investors are encouraged to conduct their own research and carefully assess their risk tolerance before making any investment decisions.
Jupiter DEX X Account Hacked to Promote Scam Memecoins: Traders Lose Over $20 Million
The official X account of Jupiter, a leading Solana-based decentralized exchange aggregator, was hacked on February 6, 2025. The attackers used the platform’s account to promote fraudulent memecoins, causing panic among investors and significant financial losses. Quick Take Solana-based Jupiter DEX suffered a major security breach on February 6, 2025, with its X (formerly Twitter) account hacked. The hackers promoted fake memecoins $MEOW and $DCOIN, leading to significant losses for traders. $MEOW surged past $20 million in market value before the liquidity was drained, leaving investors unable to sell. JUP token price dropped 12%, with trading volumes on JUP/BTC and JUP/ETH spiking by 300%. Jupiter team regained control of the account and confirmed that no funds or customer data were compromised. Jupiter Mobile quickly issued a warning, advising users to avoid clicking any links or engaging with the scam posts. However, before the posts were removed, many traders had already invested in the fake tokens, leading to millions in losses. Hacked Jupiter X Account’s Fake Memecoins Cause Market Turmoil Source: X The hacked Jupiter X account promoted a scam token called $MEOW, a name that seemingly played on Jupiter co-founder Meow’s nickname. The token’s market value skyrocketed to over $20 million within minutes, only for the liquidity pool to be drained, leaving investors unable to cash out. Shortly after, the hackers introduced another fake token, $DCOIN, further exploiting unsuspecting traders. Crypto investor Beanie speculated that traders lost millions instantly, as the scam unfolded within minutes. Security Concerns Rise in the Crypto Community This is not the first time Jupiter has faced security issues. Last year, its JUP airdrop suffered a security breach, where an attacker exploited over 9,000 wallets to illegally accumulate 1.85 million JUP tokens, worth approximately $1 million. The recent hack raises serious concerns over security measures for major crypto platforms. Critics, including prominent investors, have questioned how a DEX handling billions in liquidity failed to secure its social media accounts. Read more: Top 10 Crypto Scams to Avoid in the Bull Run 2025 Jupiter Token (JUP) Suffers 12% Decline JUP/USDT price chart | Source: KuCoin The breach led to an immediate 12% decline in Jupiter’s native token (JUP), dropping from $0.85 to $0.75 within minutes. The hack also triggered: A 300% spike in JUP trading volume across BTC and ETH pairs. A 40% increase in active transactions. A 25% rise in transactions over $100,000, as large investors seized the opportunity to buy the dip. By the time of writing, JUP recovered to over $0.88, with its relative strength index (RSI) hitting 30, indicating oversold conditions and a potential rebound. Jupiter Team Confirms X Account Recovery Source: X Jupiter co-founder Meow confirmed that the attack originated from a U.S.-based IP address. At the time of the attack, a key team member, Mei, was traveling from Mountain DAO to Singapore, limiting the response time. Jupiter later reassured users that the hacked X account was restored and that all funds and customer data remained secure. The exchange emphasized that its smart contracts were protected by 4/7 multisig security, preventing further damage beyond the social media breach. Final Thoughts: Lessons for Traders This attack serves as a stark reminder for traders to exercise caution when interacting with social media promotions. Crypto users are urged to: Verify all official announcements through multiple sources before taking action. Avoid engaging with unknown links and token promotions on social media. Enable additional security measures for their own accounts, including two-factor authentication (2FA). As security threats in the crypto market continue to evolve, traders and platforms alike must remain vigilant against malicious actors seeking to exploit market enthusiasm for fraudulent schemes. Read more: What Is a Crypto Rug Pull, and How to Avoid the Scam?
Berachain Airdrop Announced Ahead of Mainnet Launched, How to Claim BERA Tokens
Berachain, an innovative Layer 1 blockchain, has announced the launch of its mainnet on February 6, 2025, accompanied by a significant airdrop of its native $BERA tokens. This initiative aims to reward early supporters and active participants within the Berachain ecosystem. Quick Take Berachain, a Layer 1 blockchain, is launching its mainnet on February 6, 2025, coinciding with an airdrop of approximately 79 million native $BERA tokens, accounting for 15.8% of the total supply. Various contributors are eligible for the airdrop, including testnet users, holders of Bong Bear NFTs, active community members, and Binance BNB holders who participated in designated promotions. Specific allocations are outlined for each group. Berachain operates on a Proof-of-Liquidity (PoL) consensus model, which requires users to choose between staking tokens and providing liquidity to DeFi protocols, promoting a secure and balanced ecosystem. The ecosystem features a tri-token structure with BERA as the main utility token, BGT for governance and rewards, and $HONEY as a stablecoin, facilitating various financial activities within Berachain. After launching its mainnet, Berachain aims to establish itself in the DeFi landscape by expanding its ecosystem, fostering partnerships, and supporting the development of decentralized applications while maintaining substantial liquidity and community involvement. Source: X The Berachain airdrop is designed to distribute approximately 79 million $BERA tokens, representing 15.8% of the total 500 million tokens issued at genesis. The distribution targets various contributors, including: What Is Berachain and How Does It Work? Berachain is a high-performance, Ethereum Virtual Machine (EVM)-compatible blockchain built on a unique Proof-of-Liquidity (PoL) consensus mechanism. This design aims to enhance network security and liquidity by incentivizing users to provide liquidity to decentralized finance (DeFi) protocols, thereby aligning the interests of validators, developers, and users. Key Features of Berachain Blockchain Proof-of-Liquidity Consensus: Unlike traditional Proof-of-Stake systems, Berachain's PoL mechanism requires users to choose between staking tokens with validators or providing liquidity to core DeFi protocols, fostering a balanced and secure ecosystem. EVM Compatibility: Being EVM-compatible allows developers to seamlessly deploy decentralized applications (dApps) on Berachain, leveraging existing Ethereum tools and infrastructure. Tri-Token Economy: Berachain operates a tri-token model comprising: $BERA: The native gas and staking token used for transaction fees and network security. $BGT: A non-transferable governance and rewards token earned through productive activities within the network. $HONEY: A native stablecoin soft-pegged to the U.S. dollar, used within the ecosystem for various financial activities. Read more: What Is Berachain EVM-Identical Blockchain with Proof-of-Liquidity Consensus? Everything You Need to Know About the Berachain (BERA) Airdrop Berachain is set to distribute approximately $632 million worth of its native BERA tokens through an airdrop coinciding with its mainnet launch on February 6, 2025. This initiative aims to reward early supporters and active participants within the Berachain ecosystem. Learn more about the Berachain airdrop in our comprehensive guide. Who Is Eligible to Receive BERA Token Airdrops? Berachain airdrop eligibility breakdown | Source: Berachain blog Berachain has meticulously outlined the allocation of its 79 million BERA tokens designated for the airdrop, targeting various contributors within its ecosystem. The specific allocations are as follows: Berachain Testnet Users: Allocated 8,250,000 BERA tokens (1.65% of the total supply). This group includes individuals who participated in Berachain's Artio and bArtio testnets, engaging with native or ecosystem decentralized applications (dApps) and performing unique activities within the ecosystem. Request for Brobosal (RFB) Recipients: Granted 11,730,000 BERA tokens (2.35% of the total supply). This allocation is for teams and community groups that successfully applied through the RFB program, which encouraged dApps and community leaders to contribute to the ecosystem. Boyco Participants: Receiving 10,000,000 BERA tokens (2% of the total supply). These are users who deposited capital in the Boyco launch program, either directly or through pre-deposit vaults, demonstrating financial support for Berachain's vision. Social Engagement Contributors: Allocated 1,250,000 BERA tokens (0.25% of the total supply). This group comprises community members who actively engaged in discussions about Berachain on platforms like X (formerly Twitter) and Discord, providing constructive commentary and fostering community growth. Bong Bear Ecosystem NFT Holders: Set to receive 34,500,000 BERA tokens (6.9% of the total supply). This allocation recognizes owners of Bong Bears NFTs and affiliated collections, such as Bond, Boo, Baby, Band, and Bit Bears, for their support within the NFT ecosystem. Key Dates for the $BERA Airdrop February 5, 2025: The airdrop eligibility checker becomes available, allowing participants to verify their allocations. February 6, 2025: Initial claims open for eligible participants, including testnet users and ecosystem NFT holders. February 10, 2025: Claims open for recipients from the social engagement and RFB categories. How to Claim Your BERA Tokens Verify Your Eligibility for the Berachain Airdrop: Visit the official Berachain airdrop checker to confirm your allocation. You can check your eligibility by entering your crypto wallet address (e.g., MetaMask) or connecting relevant social accounts. Claim Tokens: Eligible participants can claim their tokens starting from the specified dates. For testnet users and ecosystem NFT holders, claims begin on February 6, 2025. Social engagement contributors and RFB recipients can claim their tokens starting February 10, 2025. Stay Informed: For detailed instructions and updates, refer to the Berachain Core Documentation. We recommend that you exercise caution and ensure they use only official Berachain channels and websites to avoid potential scams. Always verify information through trusted sources before proceeding with any claims. BERA Tokenomics: Berachain’s Native Token Berachain (BERA) token allocation | Source: Berachain docs Berachain's native token, BERA, serves as both the gas and staking token within its Proof-of-Liquidity consensus mechanism. The initial token distribution is structured as follows: Total Supply at Genesis: 500 million BERA tokens. Airdrop Allocation: 15.8% (79 million tokens) distributed to eligible users. Community Initiatives: 13.1% reserved for future community programs. Ecosystem Research and Development: 20% allocated to support ecosystem growth and technological advancements. Institutional Investors: 34.3% designated for investors who have supported Berachain's development. Core Contributors: 16.8% allocated to advisors and members of Big Bera Labs, the primary developers of the Berachain blockchain. The BERA token is integral to network operations, facilitating transaction fees and validator staking to ensure network security. Additionally, Berachain employs a tri-token system, including BGT (Bera Governance Token) for governance and rewards, and HONEY, a native stablecoin. What’s Next for Berachain and BERA Holders? With the mainnet launch, Berachain aims to establish itself as a leading platform in the DeFi space, offering innovative solutions through its PoL consensus mechanism and tri-token economy. The project has already garnered significant attention, with over $1.6 billion in liquidity deposited into its pre-launch platform, Boyco, indicating strong community support and anticipation for the network's capabilities. As Berachain transitions from its testnet phase to a fully operational mainnet, it plans to continue expanding its ecosystem by fostering partnerships, supporting dApp development, and engaging with its community to drive the adoption of decentralized finance solutions.
Pump.fun 2025 Airdrop Details: Claim Free Tokens and Master Memecoins on Solana
Source: X Introduction Pump.fun stands at the forefront of crypto innovation. The platform offers token launch services and memecoin creation and has generated over $1.9M in revenue while launching nearly 3M tokens since early 2024. Recent events drew 11,000 listeners and social channels now include 348.5K followers on X (@pumpdotfun) and 63K users on Telegram (Pump Portal). Investors discuss market caps reaching as high as $4.2B. This article explains the technical details and numbers behind the airdrop while guiding users on how to participate in the upcoming Pump.fun airdrop in 2025. Read more: What Is Pump.fun, and How to Create Your Memecoins on the Launchpad? What is Pump.fun? Source: Dune Analytics Pump.fun is a Solana-based marketplace that allows users to create and distribute their own tokens, primarily memecoins. The platform simplifies token creation so users can create memecoins for as low as $2. Since its inception in early 2024, Pump.fun has facilitated nearly 3M token launches and generated over $170M in revenue. Monthly trading volumes now exceed $25M, and investors have seen individual token supplies reach over 1M tokens per launch. This ease and affordability drive participation and bolster market confidence in the technical and financial growth of the platform Pump.fun has gained popularity amid the rising interest in the overall memecoin sector, especially in the form of PolitiFi tokens and celebrity-backed tokens. The ability to launch tokens quickly and at low cost has democratized token creation, allowing more individuals to participate in the crypto space. This has led to increased trading volume and revenue for the platform, with Pump.fun generating an average of over $5 million in fees daily. Source: Dune Analytics According to Dune Analytics, Pump.fun has launched 7.16M tokens and reached 12.42M total addresses since its inception. In the past 14 days Pump.fun recorded a trading volume of $4.22B and generated over $500M in revenue. These impressive figures highlight the platform's robust performance and rapid growth. Source: Dune Analytics Launched in January 2024, Pump.fun quickly gained traction in the crypto community. Initially supporting the Solana network, it expanded to include Ethereum’s Layer 2 network Base by April, broadening its user base and functionality. The platform was bootstrapped by early-stage venture firm Alliance DAO and has since generated significant revenue, becoming one of the most profitable apps in the crypto space. Pump.fun's success is attributed to its user-friendly interface, low fees, and mechanisms designed to prevent scams like rug pulls, making it a trusted platform for memecoin enthusiasts. Read more: What Are AI Memecoins and How to Trade AI-Driven Tokens? Airdrop Announcement and Details Source: X Pump.fun readies an airdrop that sparks excitement across the crypto community. The co-founder stated "a lot more lucrative than anyone else in the space" to highlight the potential. Users may receive tokens with individual values ranging from $500 to $2,000. The announcement has reached an engagement level of over 348.5K on X and 63K on Telegram and could distribute tokens to more than 10,000 participants. This campaign may add an estimated total token value exceeding $10M. The platform now boasts 5,000 active users and expects token market values over $1M, driving further enthusiasm. Read more: Top Decentralized Exchanges (DEXs) in the Solana Ecosystem Key Airdrop Details Pump.fun offers a reward plan designed to benefit its community. The co-founder hinted "a lot more lucrative than anyone else in the space" which sets high expectations. The Pump.fun team teased launching their own token during a Twitter Space on October 19, 2024. The airdrop of this new token rewards 5,000 current users and may distribute tokens to more than 10,000 accounts. Individual token values are expected to range from $100 to $1,000, while the overall distribution value might exceed $20M. These strong numbers underscore the technical achievements behind the rewards and drive investor interest. How to Participate in the Pump.fun Airdrop Source: Pump.fun To join the airdrop, register on the Pump.fun platform and follow its social channels. With 348.5K followers on X (@pumpdotfun) and 63K users on Telegram (Pump Portal), staying updated is easy. A Solana-compatible crypto wallet is required to receive tokens; many users currently hold wallets with balances averaging $5,000. Following these straightforward steps ensures that participants can claim tokens valued between $100 and $1,000. This smooth process encourages community engagement and rewards consistent activity. Improving Airdrop Eligibility Active use of the Pump.fun platform increases your airdrop eligibility. Although a points programme is not available yet, creating memecoins and trading them improves your standing. Some users have already created over 500K tokens and completed more than 5,000 trades. The platform offers a 30-day fee-free period that many have used to boost their activity. High-volume users could see total token values exceeding $500K. These statistics drive community growth and add technical depth to the rewards system. Why an Airdrop Is Likely The Pump.fun team teased the launch of their own token during a Twitter Spaces session on October 19, 2024. A team member stated "We're going to make sure we're going to reward our earliest users". The session, attended by 11,000 participants, hinted that tokens may be distributed to more than 10,000 users. Early adopters might see token values rise by up to 200% within six months. With individual token valuations estimated between $100 and $1,000, the airdrop strategy is designed to maximize rewards and drive further platform engagement. Frequently Asked Questions Top Pump.fun Ecosystem Coins by Market Cap. Source: CoinGecko How can I participate in the Pump.fun airdrop?Register as a current Pump.fun user and follow updates on X (@pumpdotfun with 348.5K followers) and Telegram (Pump Portal with 63K users). What makes this airdrop different from others?The co-founder hinted "a lot more lucrative than anyone else in the space" with tokens that could appreciate by 100% to 200% over time. Do I need a wallet to receive the Pump.fun airdrop tokens?Yes. A crypto wallet is essential for storing tokens securely. Many users maintain wallets with balances averaging $5,000. Conclusion Pump.fun stands as a major force in the crypto world on the Solana network. With revenue exceeding $1.9M and nearly 3M tokens launched, the platform continues to impress. An active user base of 348.5K on X and 63K on Telegram supports an airdrop that may add more than $20M in token value. Monthly trading volumes exceed $25M and technical achievements back the platform's promise. Experts predict that the platform will continue to innovate and adapt to the growing demand for memecoins and decentralized finance (DeFi) solutions. The integration of additional blockchains beyond Solana and Blast could attract a wider audience and increase the platform's versatility. Additionally, the platform is also introducing more initiatives to engage and reward active users. Embrace the opportunity and join the thriving memecoin community.
Ethereum Boosts Gas Limits to 32 Million for the First Time Since 2021
Ethereum has raised its gas limit for the first time since 2021, marking a significant milestone in its post-Merge evolution. This adjustment, implemented without a hard fork, enhances Ethereum’s transaction processing capacity and could improve its appeal among investors. Quick Take Ethereum’s gas limit has increased to 32 million units, with a maximum anticipated threshold of 36 million, allowing for higher transaction throughput and lower congestion. The upgrade was implemented automatically, with over half of validators signaling support, avoiding the need for a hard fork. Vitalik Buterin confirmed the Pectra upgrade in March 2025, which will double Layer 2 capacity by increasing the blob target from three to six. Ethereum’s price remains volatile, falling below $2,800 despite the upgrade, but investor interest is growing with $83.6 million in ETF inflows and over 250,000 ETH withdrawn from exchanges. Developers are working on further optimizations, including EIP-4444 for historical data management, stateless architecture, and client performance improvements. Ethereum Gas Limit Increased to 32 Million Ethereum gas limit crosses 32 million | Source: X Ethereum validators reached a consensus to increase the network’s gas limit, pushing it to nearly 32 million gas units, with a maximum anticipated threshold of 36 million units. This marks the first such increase since the transition to Proof-of-Stake (PoS) in 2022 and the first since Ethereum’s last gas limit adjustment in late 2021 when it jumped from 15 million to 30 million gas units. The decision was enacted automatically after more than half of Ethereum’s validators signaled their approval. This increase allows more transactions and complex operations per block, reducing congestion and potentially lowering transaction fees. With Ethereum’s gas limit rising, the network’s efficiency and ability to support decentralized finance (DeFi) applications may see significant improvement. How the Gas Limit Increase Affects Ethereum Users Gas on Ethereum refers to the unit measuring computational work required for transactions and smart contract operations. The gas limit represents the total amount of gas that can be used in a single block. If transactions exceed this limit, they must either wait for the next block or compete for inclusion based on gas fees. With a higher gas limit, Ethereum can accommodate more transactions per block, reducing bottlenecks during peak usage periods. This is expected to enhance user experience, prevent network slowdowns, and help Ethereum maintain its competitive edge against alternative blockchains like Solana, which offer lower transaction fees. Read more: Solana vs. Ethereum: Which Is Better in 2025? Vitalik Buterin Highlights Pectra Upgrade for Ethereum Scalability Vitalik Buterin’s expectations from Pectra upgrade | Source: X Ethereum co-founder Vitalik Buterin welcomed the gas limit increase as a step toward greater scalability. He also provided key insights into the upcoming Pectra upgrade, expected in March 2025, which will further enhance Ethereum’s capacity. Pectra will increase the blob target from three to six, effectively doubling the transaction capacity for Layer 2 (L2) networks. "Blobs" are large data packets used by L2 networks for temporary storage, allowing them to process transactions more efficiently without overloading the Ethereum mainchain. Buterin has suggested making the blob target staker-voted, which would allow adjustments to be made dynamically based on technological advancements without requiring hard forks. This aligns with Ethereum’s broader goal of maintaining a decentralized and adaptable governance model. Ethereum Price Declines Under $2,800 Despite Upgrade ETH/USDT price chart | Source: KuCoin Despite the positive network improvements, Ethereum’s price has struggled against Bitcoin. The ETH/BTC ratio recently fell to 0.03, the lowest level since March 2021, reflecting Ethereum’s continued underperformance relative to Bitcoin. The ratio peaked at 0.08 in 2022 but has since trended downward. Ethereum’s price also dipped below $2,800 following the gas limit increase. This decline came amid broader market volatility, but investors showed renewed interest in ETH through inflows into Ethereum ETFs (Exchange-Traded Funds), which recorded $83.6 million in net inflows. Additionally, over 250,000 ETH were withdrawn from exchanges, signaling accumulation by long-term holders. Ethereum 2.0 Roadmap to Focus on Enhancing Efficiency and Adoption Ethereum developers are actively working on several network optimizations, including Ethereum Improvement Proposal (EIP) 4444, which aims to enhance efficiency by reducing historical data storage requirements. Other ongoing improvements focus on achieving a more stateless architecture, optimizing client performance, and increasing network decentralization. With the gas limit increase already in effect and the Pectra upgrade on the horizon, Ethereum is poised for greater scalability and efficiency. These enhancements could help Ethereum reclaim investor confidence and reinforce its status as the leading smart contract platform. Read more: Ethereum 2.0 Upgrade: A New Era for Scalability and Security Conclusion Ethereum’s first gas limit increase in over three years represents a crucial milestone in its post-Merge journey. By allowing for greater transaction throughput, reducing congestion, and preparing for the scalability enhancements of the Pectra upgrade, Ethereum is setting the stage for long-term network improvements. While ETH’s price struggles against Bitcoin, growing investor interest and technical upgrades could bolster Ethereum’s long-term adoption and utility. Stay updated with KuCoin News for the latest developments in Ethereum’s evolution and broader cryptocurrency market trends.
XRP Ledger Suffers Hourlong Network Halt Before Recovery: What Happened?
On February 4, the XRP Ledger (XRPL) experienced an unexpected halt in block production, marking a rare disruption for one of the industry’s oldest blockchain networks. The halt lasted for approximately 64 minutes, freezing network activity at block height 93927174. Ripple’s chief technology officer, David Schwartz, confirmed the event and stated that the company is investigating the root cause of the issue. Quick Take The XRP Ledger network stopped processing transactions for 64 minutes before recovering on Feb. 4. Ripple CTO David Schwartz cited potential validation issues that caused network drift. Despite the disruption, customer funds remained safe. Critics pointed out the reliance on a small number of validators. XRP briefly dropped to $2.45 but recovered to $2.53 following the incident. A 1 billion XRP transfer to Ripple has fueled speculation about its future market impact. XRP Ledger Temporarily Stops Block Production According to Schwartz, the consensus mechanism continued running, but validations were not being published. This caused the network to drift apart, ultimately requiring manual intervention from validator operators to restart the system. Source: X Ripple Addresses the Incident, Ensures Safety of Funds RippleX, the development arm of XRP Ledger, reassured users that customer funds were not at risk during the halt. The network’s recovery was facilitated by a select group of validators adjusting their nodes to a common starting point, allowing consensus to be reestablished. Schwartz noted that very few Unique Node List (UNL) validators had to make changes, suggesting that the network may have recovered on its own. Ripple’s Centralization Concerns Spark Debate Following the network halt, discussions reignited regarding XRPL’s level of decentralization. Eminence CTO Daniel Keller highlighted that all 35 network validators resumed transactions simultaneously, raising concerns about the centralized nature of the system. Unlike Ethereum, which boasts over 1 million active validators, XRPL operates on a significantly smaller validator pool, leading some industry experts to question its resilience and trustworthiness. XRP Price Holds Above $2.50 XRP/USDT price chart | Source: KuCoin The network disruption had a temporary impact on XRP’s price, which briefly fell to $2.45 before rebounding to $2.52. Despite the setback, XRP remains one of the top-performing cryptocurrencies, having surged 396% since November 2024, coinciding with Donald Trump’s U.S. election victory. However, XRP’s price trajectory is facing challenges due to bearish technical signals. Analysts have identified a bearish divergence pattern on both daily and weekly charts, which could trigger a potential price drop to $2 or lower if buyers lose momentum. SEC Uncertainty and Major XRP Whale Movements Source: X Adding to the uncertainty, a major XRP transaction was detected on February 2, 2025. Whale Alert, a blockchain tracking service, reported that Ripple received a staggering 430 million XRP, valued at over $1.2 billion. The service reported four transactions totaling 1 billion XRP tokens (430M, 300M, 200M, and 70M), which some XRP detractors cited as evidence of the token's close ties to Ripple Labs. This massive transfer has fueled speculation about Ripple’s strategic moves, including potential new partnerships or upcoming network upgrades. This was followed by additional whale movement of XRP into exchanges on February 4, 2025. Source: X Meanwhile, regulatory concerns remain a key factor in XRP’s market outlook. The U.S. Securities and Exchange Commission (SEC) is still engaged in legal battles with Ripple, leaving investors wary of potential enforcement actions that could impact XRP’s long-term valuation. Looking Ahead: What’s Next for XRP? The recent halt highlights both the strengths and vulnerabilities of XRP Ledger. While Ripple’s quick response and the safe recovery of funds showcase network resilience, the incident has renewed concerns about centralization and governance. Investors will be closely monitoring Ripple’s next moves, including potential protocol updates to prevent similar incidents. Additionally, the outcome of the ongoing SEC case and regulatory clarity surrounding XRP will play a critical role in shaping its market future. Another key development to watch is the increasing push for spot XRP exchange-traded funds (ETFs) in major financial markets, which could drive institutional demand and enhance liquidity. For now, XRP continues to trade above key support levels, but the coming weeks will determine whether its bullish momentum can be sustained in the face of growing market volatility and regulatory scrutiny. The potential approval of spot XRP ETFs could be a major catalyst for price movement, offering increased accessibility for traditional investors.
Raydium Surpasses Uniswap in Monthly DEX Volume by 25%, Signaling Shift in DeFi Market Dynamics
For the first time in history, Raydium, the leading Solana-based decentralized exchange, has overtaken Uniswap in monthly trading volume. According to data from The Block, Raydium captured 27.1% of all DEX volume in January, up significantly from 18.8% in December 2024. In contrast, Uniswap’s dominance dwindled from 34.5% to 22% during the same period, marking a major shake-up in the DeFi sector. Quick Take Solana-based Raydium processed 27% of all decentralized exchange (DEX) volume in January 2025, surpassing Uniswap for the first time. Raydium’s market share jumped from 18.8% in December to 27.1%, while Uniswap’s fell from 34.5% to 22%. A surge in memecoin trading, particularly the Trump (TRUMP) token, fueled Raydium’s dominance. Solana’s transaction volume was five times higher than Ethereum’s in January, reinforcing its growing influence in DeFi. Raydium’s native token (RAY) rebounded 10% after a correction on February 4, 2025, nearing a $2 billion market cap. Raydium Sees 25% Higher Volume Than Uniswap in January Raydium sees higher trading volume than Uniswap in January | Source: TheBlock Raydium’s surge was primarily driven by a wave of memecoin speculation, with traders flocking to Solana for its lower transaction fees and faster processing times compared to Ethereum. One of the biggest contributors to this boom was the Trump (TRUMP) token, which quickly became one of the most traded cryptocurrencies after its launch, further boosting Raydium’s activity. Read more: How to Use the Raydium (RAY) Decentralized Exchange on Solana: A Beginner’s Guide Solana’s Growing Dominance in DeFi Driven by Memecoins Raydium’s volume surges in January 2025 due to memecoins | Source: DefiLlama The rapid rise of Raydium is part of a broader shift toward the Solana ecosystem. Solana processed five times more transactions than Ethereum in January, showcasing its efficiency and appeal for high-frequency trading. Unlike Ethereum, which continues to struggle with scalability and high gas fees, Solana’s high throughput and low-cost transactions make it an attractive choice for DeFi traders. PancakeSwap, the leading DEX on BNB Chain, held 17% of the market share in January, while two other Solana-based exchanges, Orca and Meteora, ranked fourth and fifth in total volume, further solidifying Solana’s influence in the sector. Uniswap Faces Growing Challenges Uniswap’s declining market share raises concerns about Ethereum’s ability to maintain its DeFi dominance. The Ethereum community has voiced frustrations over the network’s slow development pace and high transaction costs, leading many users to explore alternative blockchains like Solana, Avalanche, and BSC. Despite Ethereum’s extensive developer ecosystem and strong institutional backing, the network’s scalability issues remain a significant hurdle. While upcoming upgrades may improve Ethereum’s efficiency, competing ecosystems are rapidly gaining ground, and Uniswap’s recent performance suggests that traders are increasingly looking elsewhere for their DeFi needs. Raydium (RAY) Market Performance and Future Outlook Raydium (RAY) technical analysis | Source: BeInCrypto Raydium’s success isn’t just limited to trading volume; its native token (RAY) also saw strong market activity. After a significant correction, RAY rebounded by 10%, pushing its market cap close to $2 billion, before sliding lower due to overall crypto market conditions. Over the past week, Raydium generated $42 million in revenue—more than Uniswap and even Ethereum itself—demonstrating its growing influence in the DeFi market. Technical indicators suggest that RAY could see further price gains if it maintains its bullish momentum. Analysts predict that if Raydium continues its current trajectory, its token could target an $8.7 price level. However, a failure to hold support levels may lead to a retracement toward $5.36 or lower. Read more: Raydium (RAY) Bounces Back Over 10% Following a Sharp Correction Conclusion: Is the DeFi Landscape Shifting From Ethereum to Solana? Ethereum vs. Solana TVL | Source: DefiLlama Raydium’s ascent signals a broader shift in DeFi, with Solana-based exchanges gaining significant traction over their Ethereum-based counterparts. The combination of fast transactions, low fees, and a thriving memecoin market has propelled Raydium to the top, challenging Uniswap’s long-held dominance. As Ethereum works to address its scalability issues, Solana and its ecosystem continue to attract traders seeking efficiency and affordability. With Raydium now the leading DEX by volume, the DeFi sector may be witnessing the beginning of a more competitive and decentralized market structure, where multiple blockchains play a crucial role in shaping the industry’s future. Read more: Solana vs. Ethereum: Which Is Better in 2025?
Raydium (RAY) Bounces Back Over 10% Following a Sharp Correction
Introduction Raydium (RAY) rebounded more than 10% after Monday's crash and its market cap nears $2 billion. Technical indicators point to a potential bullish trend. In this article we review revenue numbers trading volume RSI data and price targets for RAY. We also add details about the protocol and its role in the blockchain space. Source: KuCoin Raydium’s rise in popularity and growth since 2024 was driven by its integration with Pump.fun, a Solana-based memecoin launchpad which launched in January 2024. The memecoin frenzy on Solana brought a wave of new users to the platform, eager to trade trending tokens. By mid-2024, Raydium saw a 200% increase in trading volume compared to the previous year. It became the go-to platform for memecoin enthusiasts, offering deep liquidity and low fees. The partnership with Pump.fun not only attracted traders but also increased Raydium's visibility within the broader crypto community. Raydium’s total value locked (TVL) surged from under $130 million at the beginning of this year to over $2.2 billion as of writing, making it the largest DEX in the Solana ecosystem. Quick Takes RAY rebounded over 10% after Monday's crash RAY generated $42 million in weekly revenue and handled $21 billion in trading volume RSI jumped from 20.8 to 53.87 in 2 days showing increased buying pressure Overview of Raydium Raydium is built on the Solana blockchain and uses an automated market maker model to execute trades instantly. It links liquidity pools to Serum's central order book in order to offer deep liquidity. In addition the platform supports token swaps liquidity provision yield farming and staking. It processes up to 65,000 transactions per second and charges fees as low as $0.00001 per transaction. Smart contracts secure trades and yield distributions which makes Raydium an efficient and secure DEX for crypto traders. The RAY token serves governance functions and earns staking rewards. Raydium is known for its low transaction fees and high throughput. It remains one of the key projects in the Solana ecosystem and continues to expand its range of services. Read more: How to Use the Raydium (RAY) Decentralized Exchange on Solana: A Beginner’s Guide Market Recovery and Technical Indicators Raydium now stands near a $2 billion market cap. Meanwhile EMA lines hint at a golden cross forming soon. A confirmed golden cross may push RAY to test $7.92 and a breakout above that level could drive the price to $8.7. This marks a potential 33% upside. However if RAY loses momentum it could drop to support at $5.85 and then break down to $5.36 or lower. Raydium Revenue Generation Raydium is one of the top revenue-generating blockchain protocols. It earned $42 million in the last 7 days and outpaces major players such as Circle Uniswap and Ethereum. Over the past year RAY generated nearly $1 billion in revenue which compares with Solana's $965 million. In the last 24 hours RAY handled $3.4 billion in trading volume and $21 billion over the past week. Top Protocols in Fees Generated – Last Seven Days. Source: DeFiLlama. Read More: Top Crypto Projects in the Solana Ecosystem to Watch in 2024 RSI Recovery Raydium's RSI now sits at 53.87. Previously it was 20.8 only 2 days ago. The Relative Strength Index measures momentum. Values below 30 indicate oversold conditions while values above 70 show overbought levels. At 53.87 the RSI is neutral. RAY RSI. Source: TradingView This jump shows that buying pressure has increased and RAY is emerging from oversold territory. Read more: Raydium Targets $8 Milestone with 15% Surge and Strong Bullish Indicators RAY Price Prediction Source: TradingView RAY corrected by 34% between January 30 and February 3. It then rebounded nearly 30%. In this context the golden cross hinted by EMA lines could drive the price higher. A breakout above $7.92 might push RAY to $8.7. Conversely if the trend reverses RAY could test support at $5.85. A breakdown might push the price to $5.36 and a deeper sell-off could see levels as low as $4.71 or even $4.14. These would be the lowest levels since January 13. Buy RAY on KuCoin Investors should consider buying RAY on KuCoin. The exchange offers a fast trading experience and secure transactions. Moreover the platform features competitive fees and advanced trading tools. RAY is available on KuCoin along with many digital assets which makes it a strong choice for investors seeking exposure to RAY. Conclusion Raydium is a key player in the DeFi ecosystem on Solana, offering fast, low-cost trading, deep liquidity, and advanced tools for both beginners and experienced traders. Its growth in 2024, fueled by the memecoin frenzy and integration with Pump.fun, highlights its importance as a hub for decentralized trading. In conclusion, Raydium shows a strong technical recovery and impressive revenue figures. Its rebound and rising RSI hint at a potential bullish trend ahead. Furthermore high trading volumes and robust revenue back its role as a leading blockchain protocol. With its integration into the Solana ecosystem, Raydium offers unique advantages. Investors should watch key support levels to decide if the momentum holds or reverses. Overall the technical data presents a clear risk and reward scenario for RAY. However, always remember that DeFi platforms come with risks. Token prices can be volatile, and smart contract vulnerabilities may pose security concerns. Trade responsibly, do thorough research, and only invest what you can afford to lose.
SHIB Price Surges 6% with the Burn Rate Spiking Over 3,800% in a Week
Shiba Inu (SHIB) is once again making headlines as its burn rate skyrockets over 3,800% in seven days, fueling optimism among investors. This surge coincides with a broader crypto market recovery, pushing SHIB’s price up over 6% in a single day. But can this momentum drive the memecoin past $0.000018 and beyond? Here’s what you need to know. Quick Take Shiba Inu’s burn rate surged over 550%, reducing circulating supply and boosting investor sentiment. SHIB price jumped over 6% in a day, driven by broader crypto market recovery and whale accumulation. MVRV ratio indicates SHIB is in the ‘Opportunity Zone,’ historically signaling potential rebounds. Despite controversy around its lead developer, SHIB’s core ecosystem (SHIB, BONE, LEASH) remains intact. Resistance at $0.000018 is key for SHIB’s next move, with potential upside if momentum continues. Shiba Inu Burn Rate Spikes 3,800%+ in 7 Days Source: X According to Shibburn, the leading tracker of SHIB token burns, over 1.1 billion SHIB tokens were permanently removed from circulation in the past week, marking an impressive 3829.51% increase in the burn rate. This continuous reduction in supply has long been a core part of Shiba Inu’s strategy to improve tokenomics and increase long-term value. Last month alone, nearly 1 billion SHIB tokens were burned, further reducing the massive circulating supply, which now stands at approximately 589.25 trillion tokens. The burn mechanism, designed to create scarcity, is a key factor in fueling bullish sentiment among traders and investors. Read more: Top 10 Dog-Themed Memecoins to Watch in 2025 What’s Driving the 6% Surge in SHIB Price? The broader crypto market’s recovery has played a crucial role in SHIB’s recent price movement. Bitcoin (BTC) recently touched $102,000 intraday, boosting confidence in altcoins and meme coins like SHIB. As a result, SHIB saw an 6% increase, with its price currently hovering around $0.0000152. Additionally, large transaction volumes suggest that institutional investors and whales are accumulating SHIB amid recent market volatility. Historically, significant whale accumulation has been an early indicator of a potential price rally. Shiba Inu Price Prediction: Can SHIB Hit $0.000018? SHIB/USDT price chart | Source: KuCoin With SHIB’s price bouncing back and investor sentiment improving, analysts predict a possible move toward $0.000018 in the short term. The token’s 24-hour low and high were $0.00001358 and $0.00001691, respectively, signaling strong upward momentum. However, for SHIB to erase a zero and reach $0.0001, it would require a 549% rally, which remains a long-term challenge given the current market structure. Resistance levels at $0.00002, $0.000025, and $0.00003 will be critical hurdles to watch. Key Buy Signal: MVRV Ratio in the ‘Opportunity Zone’ Shiba Inu’s 30-day Market Value to Realized Value (MVRV) ratio has plunged to -30.76%, reaching its lowest level in two years. This indicator, which tracks the average profit or loss of recent SHIB investors, suggests that the token is deep in the Opportunity Zone—a historical marker of potential price rebounds. When MVRV falls between -15% and -30%, it signals that short-term holders are at a loss, often leading to capitulation followed by a strong recovery. If buying pressure continues to build, SHIB could see a double-digit rally in the near future. Will the Fraud Allegations Against Shiba Inu Lead Dev Impact SHIB Rally? Despite the bullish momentum, controversy looms over Shiba Inu’s ecosystem. Shytoshi Kusama, the lead developer of SHIB, is facing accusations from Shibburn, the largest burn tracker, who claims Kusama and his associates have misled the community regarding new projects. Shibburn alleges that Kusama promoted projects under false pretenses, including SHY token on Solana, which has sparked internal disputes. While Kusama maintains that SHY is not an official Shiba Inu project, some community members remain skeptical. However, Shiba Inu’s core ecosystem—SHIB, BONE, and LEASH—remains intact, and the controversy has not significantly impacted SHIB’s price action thus far. What’s Next for Shiba Inu? While SHIB erasing a zero ($0.0001) remains a long-term goal requiring substantial bullish momentum, its recent burn rate surge, whale accumulation, and market recovery suggest that short-term gains remain likely. Traders should keep an eye on key resistance levels and MVRV trends to gauge the next breakout potential. Market Sentiment: The broader crypto market recovery remains a key driver for SHIB’s price action. If Bitcoin continues its upward trend, meme coins could see further gains. Burn Rate Impact: Continued SHIB burns will gradually reduce supply, potentially driving long-term value appreciation. Resistance Levels: SHIB must break past $0.000018 to confirm further upside potential. Whale Accumulation: Large investor activity could indicate an upcoming rally, making it essential to monitor blockchain data for whale movements. Read more: Bitwise Expected to Launch New Spot Dogecoin (DOGE) ETF with SEC Filing, Boosting Crypto Market
Hyperliquid Surpasses Ethereum with $12.8M Weekly Revenue and Nears $1 Trillion Trading Milestone
Hyperliquid, a layer-1 blockchain optimized for perpetual futures trading, has overtaken Ethereum in seven-day revenues, marking a significant milestone in the crypto ecosystem. According to DefiLlama, Hyperliquid recorded approximately $12.8 million in protocol revenues in the past week, exceeding Ethereum’s $11.5 million. This revenue flip underscores Hyperliquid’s increasing dominance in derivatives trading, as it offers faster transaction settlements and lower fees compared to Ethereum. Quick Take Hyperliquid generated $12.8 million in weekly protocol revenue, surpassing Ethereum’s $11.5 million. The layer-1 blockchain specializes in perpetual futures trading, capturing 70% market share in its sector. HYPE token has gained over 500% since its airdrop in November 2024. Total Value Locked (TVL) has dropped to $1.27 billion, but trading volumes continue to rise. Hyperliquid is nearing a $1 trillion milestone in cumulative trading volume. Since its launch in 2024, Hyperliquid has positioned itself as a premier venue for perpetual futures trading, a derivative product that allows traders to speculate on asset prices without expiration. The blockchain’s efficiency and cost-effectiveness have made it an attractive alternative to Ethereum, especially for traders seeking seamless order execution and minimal fees. Read more: A Beginner's Guide to Hyperliquid (HYPE) Decentralized Perpetual Exchange Hyperliquid’s Market Share Surges to 70% Hyperliquid’s daily transaction volume has nearly doubled since the start of the year, reaching $470 million as of early February 2025. The blockchain has also gained 70% market share in perpetual futures trading, surpassing competitors like GMX and dYdX. Its trading infrastructure, which rivals that of centralized exchanges, has contributed to this rapid growth. Read more: dYdX: A Beginner's Guide to the Decentralized Exchange Hyperliquid’s TVL and trading volume | Source: DefiLlama Additionally, Hyperliquid’s total cumulative trading volume is approaching a historic $1 trillion milestone, following a record-breaking $366 billion in monthly trading volume in January 2025. This puts Hyperliquid ahead of other decentralized exchanges, including Jupiter, dYdX, and SynFuture. Read more: What Is Jupiter DEX Aggregator on Solana and How to Use it? Hyperliquid vs. Ethereum Ecosystem Hyperliquid vs. dYdX | Source: DefiLlama While Ethereum remains the dominant layer-1 blockchain, it has faced significant revenue declines due to the March 2024 Dencun upgrade, which cut transaction fees by approximately 95%. Lower fees have led to reduced network revenues, with Ethereum struggling to maintain previous profit levels. Other blockchain networks, such as Solana, have also begun outpacing Ethereum in decentralized exchange trading volume. Ethereum still leads in daily volume, recording $4.7 billion compared to Hyperliquid’s $470 million. However, Hyperliquid’s rapid growth trajectory suggests that it may continue capturing market share from Ethereum and other layer-1 competitors. Read more: Top Decentralized Exchanges (DEXs) in the Solana Ecosystem HYPE Token’s Performance and Price Outlook HYPE price | Source: KuCoin Hyperliquid’s native token, HYPE, has experienced a meteoric rise since its November 2024 airdrop. As of February 2025, HYPE has surged by nearly 150%, reaching a fully diluted valuation of approximately $25 billion. Despite a recent decline in TVL to $1.27 billion, HYPE’s price has shown resilience, rebounding 10% to reclaim $25. Analysts predict that the token could rally towards $35, supported by strong buying pressure and technical indicators signaling an uptrend. Chaikin Money Flow (CMF) analysis suggests that accumulation is increasing, potentially pushing HYPE to new highs. However, risks remain. If selling pressure intensifies, HYPE’s price could dip to $19, with a worst-case scenario seeing it drop to $15.11. Market watchers will be closely monitoring whether HYPE can break above key resistance levels at $28.42 and $35.46 to mark a new all-time high. Read more: The Rise of HYPE: Hyperliquid Surpasses Ethereum in 7-Day Revenue Figures What’s Next for Hyperliquid? One of Hyperliquid’s next major milestones is the launch of its Ethereum Virtual Machine (EVM) smart contract platform, expected later in 2025. This upgrade is seen as essential for diversifying its revenue streams and expanding its ecosystem beyond derivatives trading. According to VanEck, the ability to attract a developer community and build a broader DeFi ecosystem will be critical in sustaining Hyperliquid’s growth and justifying its lofty valuation. If successful, this expansion could solidify Hyperliquid’s position as a leading blockchain network in the long term. Conclusion Hyperliquid’s explosive growth in derivatives trading and its ability to surpass Ethereum in weekly revenues highlight its potential as a disruptive force in the crypto market. With a rapidly expanding user base, record-breaking trading volumes, and a promising roadmap ahead, Hyperliquid and its HYPE token remain key assets to watch in 2025. However, maintaining its momentum will require continued innovation, ecosystem expansion, and resilience against market volatility. Read more: Top Crypto Airdrops To Watch in February 2025