The world of cryptocurrencies is constantly evolving, and recently, a spotlight has been shone brightly on the intersection of digital assets and politics, particularly with the rise of tokens like the TRUMP memecoin . These tokens, often created by supporters or developers hoping to capitalize on a political figure’s popularity, have become a unique, albeit volatile, niche within the market. A recent report has sent ripples through this space, highlighting significant earnings by individuals associated with the TRUMP token. How Did TRUMP Memecoin Insiders Earn $900K in Crypto Trading Fees? According to data cited by CNBC from blockchain analytics firm Chainalysis, individuals identified as insiders behind the TRUMP memecoin reportedly collected a staggering sum approaching $900,000 in crypto trading fees within a mere two-day period. This isn’t just random market activity; the timing is key. This substantial earning spree followed a specific, high-profile announcement: a gala dinner scheduled for May 22nd, featuring former U.S. President Donald Trump himself. The invitation? Extended to the top 220 holders of the TRUMP token. This direct link between holding a specific cryptocurrency and gaining potential access to a major political figure appears to have ignited trading activity. Here’s a breakdown of how this likely unfolded: The Announcement: The news of the dinner for top holders created immediate buzz and desirability for holding a large quantity of TRUMP tokens. Increased Demand & Trading: Potential attendees or speculators looking to buy their way into the top ranks, or simply profit from anticipated price pumps, increased buying and selling pressure on the token. Transaction Taxes/Fees: Many memecoins, including TRUMP, implement a small tax or fee on every transaction (buy or sell). This fee is often distributed in various ways, sometimes to holders, sometimes to a treasury, and often, a portion goes back to the token’s developers or ‘insiders’. Fee Accumulation: With heightened trading volume driven by the dinner news, these small per-transaction fees rapidly accumulated, resulting in the reported $900,000 sum for those controlling the fee distribution mechanism. It’s crucial to understand that these aren’t necessarily profits from the token’s price increase, but rather direct income generated from the volume of transactions occurring on the token’s smart contract. The higher the trading activity, the more fees are collected. What’s Behind the Donald Trump Crypto Connection? The existence and popularity of tokens like TRUMP (often referred to as MAGA, trading under ticker TRUMP) are a direct reflection of the passionate support base surrounding Donald Trump crypto ventures and his political movement. While the former President has launched official NFT collections and has expressed some views on crypto, the TRUMP memecoin itself is generally understood to be an unofficial, community-driven project capitalizing on his brand. The token’s value and trading volume are heavily influenced by events related to Donald Trump, his political campaigns, and public sentiment surrounding him. The announced gala dinner serves as a prime example of how real-world political events can have a significant and immediate impact on the market dynamics of these politically themed digital assets. The connection raises interesting questions about the convergence of political influence and decentralized finance. It highlights how the actions and announcements of public figures, even if not directly endorsing a specific unofficial token, can inadvertently or intentionally create financial opportunities for those involved with these assets. Are Political Memecoins Raising ‘Pay to Play’ Concerns? This is where the situation moves beyond just market mechanics and into the realm of ethics and potential political impropriety. The fact that access to a former President is being offered to top holders of a specific, privately managed cryptocurrency token has drawn sharp criticism. Following the report of the substantial fee earnings, Democratic Senators Adam Schiff and Elizabeth Warren voiced serious concerns. They are reportedly calling for an investigation by the U.S. Office of Government Ethics (OGE) into potential pay to play crypto issues surrounding the promotion of this dinner and the associated token activity. The core of the ‘pay to play’ concern is the allegation that individuals are effectively buying potential access or influence by acquiring and holding a significant amount of a specific digital asset managed by insiders. This raises questions about: Whether holding or trading the token could be seen as a form of political contribution or payment for access. The transparency and ethics of a political figure being associated, however indirectly, with a scheme that appears to financially benefit token insiders based on access being offered. The potential for manipulation or unfair advantage when political events directly impact the value and fee generation of such tokens. While the TRUMP memecoin may be unofficial, the reported financial activity and the offer of access linked to token holding blur the lines between political engagement and speculative, potentially problematic, financial schemes. The call for an investigation underscores the growing scrutiny on how political figures interact with the burgeoning crypto market, especially concerning assets that are explicitly tied to their identity or movement. What Does This Mean for Political Memecoins and the Market? The TRUMP memecoin situation serves as a potent case study for the volatile and often controversial world of political memecoins . While these tokens can generate significant excitement and profits for some, they also come with substantial risks and ethical considerations. For investors, the primary risk is volatility driven by sentiment and political events, rather than fundamental value. The potential for pump-and-dump schemes or sudden crashes based on news or regulatory actions is high. The fact that insiders can generate significant income purely from trading volume adds another layer of complexity, as their incentives may not always align with long-term token health or small holder interests. For the broader crypto market, incidents like this highlight the challenges regulators face in keeping pace with new digital asset classes. The intersection of politics, finance, and decentralized technology creates novel scenarios that don’t fit neatly into existing regulatory frameworks. Increased scrutiny on political tokens could potentially lead to calls for stricter regulations or outright bans on assets perceived as attempts to monetize political affiliation in potentially unethical ways. Ultimately, the TRUMP memecoin’s reported fee generation and the subsequent ‘pay to play’ allegations underscore the speculative nature of political tokens and the ethical tightrope walked when political figures become associated with specific digital assets, official or otherwise. The outcome of potential investigations could set precedents for how political activity intersects with the crypto market in the future. To learn more about the latest crypto market trends, explore our article on key developments shaping political tokens institutional adoption.
The post Swiss National Bank Says No to Bitcoin Reserves appeared first on Coinpedia Fintech News Swiss National Bank (SNB) President Martin Schlegel announced at the 2025 General Assembly that the bank has rejected adding Bitcoin to its reserves. He pointed to concerns over liquidity and volatility risks as the main reasons for the decision. However, the SNB still has indirect Bitcoin exposure through its investments in companies like Tesla, MARA Holdings, and CleanSpark, as of the end of 2024. The bank remains cautious about direct Bitcoin holdings. Contine Read
The meme coin project linked to Melania Trump, The First Lady, Wife Of Donald Trump has pushed even further into the crypto market. In just nine days, it has sold $MELANIA tokens and raised an extra $5.41 million. How? Through a method known as unilateral liquidity provisioning. Since it was launched, the project has drawn a lot of notice — not just for its connection to a celebrity, but also for an ambitious sales strategy that has seen it offload 31.685 million tokens for a total of 138,800 SOL — which is about $18.41 million at the time of the transaction. The latest tranche of activities occurred during the past nine days, with the team responsible for the Melania-themed cryptocurrency selling another 12.685 million $MELANIA tokens. These tokens were sold through liquidity pools, a standard maneuver in decentralized finance (DeFi), where token creators offer one half of a trading pair — in this instance, $MELANIA — while hoping that market participants will somehow enable the other half of that trading pair to be functional. In this pair’s case, that other half would be some other token or asset that individuals both inside and outside of the DeFi world are willing to trade. 自上次统计后到现在 9 天时间，特朗普老婆 MEME 项目 Melania 在此期间又通过单边流动性出售了 1268.5 万枚 $MELANIA ($5.41M)。 从 3/16 以来，Melania 项目方从 Community (社区) 跟 Liquidity (流动性) 地址累计转出 3168.5 万枚 $MELANIA 然后通过添加单边流动性的形式出售换成了 13.88 万枚… https://t.co/DCOMFOsGfz pic.twitter.com/Waihv8OzrW — 余烬 (@EmberCN) April 25, 2025 Aggressive Distribution Strategy Raises Eyebrows The liquidity and token sale strategies of the $MELANIA project have led to doubts about its long-term aims and sustainability. Instead of using a mechanism that would allow tokens to be gradually distributed to investors and that would let the investors perform market activities driven by their own incentives, the project has, day after day, week after week, and now month after month, sent a steady stream of token transfers from its Community and Liquidity reserves straight into the DEXs. From March 16 to the present, the project has operated this method to transfer and sell a cumulative amount of 31.685 million $MELANIA tokens. To date, it has received in return 138,800 SOL, which, at current market valuations, translates to approximately $18.41 million. This total, and the number of tokens sold, yields an average price of $0.581 per token. Although this may appear to be an effective method for raising funds, some people in the crypto community see it as a warning sign and advise against it. What is meant by “unilateral liquidity”? This is when a project continually sells tokens into the market in order to create the appearance of liquidity. If a project does not have sufficient demand for its token, and it is consistently selling into the market, then this is not actually a continual path to upward price movement. By all means, raise money however you can, but do not do it this way. Even with these worries, the project has found a way to spotlight itself — by both hitching a ride with Melania Trump, the erstwhile First Lady, and by raking in cash at an almost alarming speed. Melania hasn’t been making any evening news lately, but she is still very much a part of this story. Market analysts are divided on what it means. Some see it as a blatant money grab, capitalizing on today’s obsessive meme coin crypto culture. Others think it shows potential to turn into a boring, community-driven project that might actually last beyond the next bull run. At the moment, the statistics depict a project very much in active liquidation mode, busily injecting rapid liquidity and selling off reserves. Whether this strategy will secure the project a sustainable liftoff or whether it will trigger a swift market correction in the not-so-distant future is anyone’s guess. Even investors and observers are warned to tread carefully. The next steps taken by the project could substantially affect not just the price of the token, but also the mood of the market. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
As the crypto market appears to be preparing for another possible bull run, data derived from IntoTheBlock tells a captivating story playing out within the Litecoin ecosystem. Their latest on-chain analysis centers on Unspent Transaction Outputs (UTXOs) that serve as a reliable means of gauging not just the whole amount but also the whole pattern of different kinds of investors who are supposed to be holding $LTC at this time. And what the UTXOs are telling us is that across the whole Litecoin ecosystem, there are two distinct groups of long-term holders who have amassed a sizable amount of $LTC. The chart by IntoTheBlock categorizes holders of Litecoin according to the amount of time they have held their UTXOs, which gives us a nice view into the behavior and sentiment of their investors over time. One thing that is unmistakable to see from this data is that Litecoin is more than just a short-term trading asset for a lot of its investors. A number of these holders seem to be in it for the very long term. Diverging Strategies: The 3–5 Year Holders vs. the 5+ Year Believers The data highlights two key parts within the long-term holder base. The first is made up of wallets that were acquiring Litecoin during the last bull market—some three to five years ago now. These addresses are highlighted in red boxes in the chart and show a behavior that’s well-known to experienced market observers. They seem to sell into strength during subsequent rallies, taking profits as the price goes up, and to again sell during downturns—likely under the influence of heightened market fear or a need for cash. This conduct aligns with a more cyclical investment strategy. These holders, while being long-term by crypto standards, still seem to time the market, making the most of volatility. Their walks during both upswings and downtrends suggest they are not emotionally or ideologically attached to Litecoin but instead see it as a tool for profit generation within defined windows. Next up is the second category, which is more intriguing and maybe even more important to Litecoin’s long-term health. It’s the holders who have kept their LTC for over five years. And these addresses show consistent growth across all kinds of market conditions and ways of participating in the market, regardless of what the price is doing. Right now, according to IntoTheBlock, over 20.6% of all Litecoin UTXOs belong to this group. This is a big figure. The unfaltering increase of this group suggests not just forbearance but a rare level of commitment in an industry that usually thrives on immediate gratification and very often, in my opinion, short-sightedness. These are probably HODLers of the first order—individuals who have gone through at least two bull-bear cycles and have used each to add to their Litecoin stash. Lightning Network: A Decentralized UDP-like Protocol Their behavior suggests they hold a deep belief in Litecoin’s long-term value proposition, be that as a decentralized payment network, a Bitcoin alternative with faster transaction speeds, or just as a digital asset that has stood the test of time. This chart shows $LTC belonging to long-term holders based on UTXOs. These long-term Litecoin holders display distinct patterns across market cycles. The red boxes mark wallets that accumulated in the previous bull run and have been holding for 3 to 5 years. They tend to sell… pic.twitter.com/KTU64nZPA7 — IntoTheBlock (@intotheblock) April 24, 2025 Implications for Litecoin’s Future These two groups are differentiated for good reason. They tell us quite a lot (and in some ways, everything we need to know) about the holders of Litecoin. The next element in the analysis takes these two groups and adds a significant timeframe element: the 3–5 year holders and the 5+ year holders. This is important for the analysis as these two groups represent something very different in terms of the act of holding Litecoin. Indeed, we may have injected a bit of volatility with our analysis by failing to mention the fact that there are these two groups of holders. We shall try not to do that in the future. Moreover, as a greater number of UTXOs shifts into the 5+ year category, the base of investors in Litecoin becomes even more “diamond-handed,” which might bolster the long-term cred of the asset in the eyes of both retail and institutional investors. This also indicates a ripening ecosystem. Frequently described as the “silver to Bitcoin’s gold,” Litecoin has had its share of the ups and downs of the crypto markets. Still, the steadfastness of such a committed segment of holders hints that, beyond mere speculation, there’s a core of belief in the long-term value of Litecoin. An industry where stories turn rapidly and investor loyalty might be short-lived, Litecoin’s assembly of holders may guarantee it some staying power. In the next cycle, all eyes will be on whether this trend continues—and what it continues to mean for the future trajectory of LTC. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
Ripple’s stablecoin, $RLUSD, is creating a ripple effect in the realm of decentralized finance (DeFi) as its presence on the Aave lending protocol recently hit a new all-time high. According to the latest on-chain data, the amount of $RLUSD supplied on Aave has climbed to an impressive 77,350,849.54 RLUSD. This surge in the supply of $RLUSD on Aave reflects not just the rising adoption of the stablecoin, but also a kind of behind-the-scenes, strategic pivot toward Ethereum-based DeFi protocols. ATH The amount of $RLUSD supplied on @aave reached a new all-time high of 77,350,849.54 RLUSD pic.twitter.com/bpOT4bBh43 — IntoTheBlock (@intotheblock) April 25, 2025 The figures by themselves indicate that Ripple’s stablecoin has gathering momentum. But when you take a closer look at what has recently been happening with the stablecoin, things get even more interesting and suspicious. In recent months, about $39 million worth of $RLUSD has been burned on the XRP Ledger and minted on Ethereum, kicking off some serious speculation across the crypto community. Inventory Transfers: A Common Practice Among Stablecoin Issuers Before dissecting the importance of this maneuver, it is worth understanding a key concept in the stablecoin ecosystem—inventory transfers. Stablecoin issuers such as Circle and Tether frequently perform what are known as inventory transfers. These operations involve moving reserves of stablecoins owned by the issuers from one blockchain to another, often to balance liquidity and meet demand across a multi-chain environment. Inventory transfers let stablecoin issuers work with the fundamentals of supply and demand. If demand for a stablecoin spikes or a shortfall develops on one particular blockchain, stablecoin providers can execute an inventory transfer: burning, or effectively destroying, the tokens on one blockchain and minting new ones on another in a 1:1 ratio. This recent inventory transfer by Ripple of $RLUSD looks like a classic example of the stablecoin issuer managing its supply to optimize accessibility and utility for users. Instead of indicating a change of direction for the XRP Ledger, the $39 million burn of RLUSD on XRP and its simultaneous mint on Ethereum most likely reflects Ripple’s plan for the newly minted RLUSD to serve the anticipated uprise of demand on Ethereum—especially in the wake of new listings of RLUSD on high-profile DeFi protocols like Aave. Ethereum DeFi and Institutional Liquidity Driving the Shift This inventory shuffle is not coincidental. Of late, Ripple has made strides to integrate $RLUSD into Ethereum’s vibrant DeFi ecosystem. The first step in that integration was the listing of $RLUSD on Aave, a leading DeFi protocol that has billions in total value locked in it. With Ethereum still clearly dominating the DeFi landscape when it comes to usage, liquidity, and developer activity, it makes all the more sense for Ripple to ensure that there is ample liquidity for $RLUSD on Ethereum-based platforms. $39,000,000 in $RLUSD has been burned on the XRP Ledger and minted on Ethereum. Many speculate on the reasons for it. Before we dive how the UK, SBI and Institutional liquidity is behind it, we need to get a tiny educational piece in for this. Stablecoin issuers like Circle… pic.twitter.com/pvRESntJ5B — Vet (@Vet_X0) April 24, 2025 Additionally, we cannot ignore the institutional perspective. Ripple has long-standing connections with major financial players, especially in the UK and Asia, thanks to partnerships with SBI Holdings and others. These financial institutions are now venturing into exploring how to engage with digital assets. Meanwhile, Ethereum has emerged as the preferred platform, offering not just regulatory clarity but also a richly diverse “DeFi” (decentralized finance) infrastructure. Ripple’s apparent decision to direct its liquidity to Ethereum could well be a move to position itself to meet as yet unexplored institutional needs for access to just such an on-chain finance engine. This narrative receives additional support from the burgeoning speculation that institutions—especially those in the UK and Japan—are investigating RLUSD as a feasible stablecoin alternative in DeFi. If that is the case, then moving liquidity from the XRP Ledger to Ethereum might be viewed as a forward-thinking insurance policy to guarantee the enterprise clients that Ripple serves access to the kind of financial products that live natively on Ethereum. A Strategic Move, Not a Shift in Loyalty Some may interpret the large XRP Ledger burn as a lack of confidence or a shift in focus, but that view seems overly simplistic. It also doesn’t seem to align with Ripple’s real-world actions or its stated multi-chain strategy. If you look at the purposeful and nearly surgical way Ripple has burned tokens on the XRP Ledger specifically, it seems like less of an infrastructure concern and more a case of Ripple flexing its multi-chain muscles to make its USD stablecoin accessible where it can be well-used on multiple-chain-dapp platforms. Essentially, this cross-chain inventory transfer is less a migration and more a signal of Ripple’s growing foothold in the expansive DeFi realm—especially on Ethereum. As our RLUSD token becomes more prominent on platforms such as Aave and others, and as our moves attract even more institutional interest, look for strategic supply moves like this one to become more common and the more common they get, the more influential they will be. Speed is the essence in the stablecoin arena. Ripple appears to have grasped this very well. Adaptability in cross-chain supply under demand scenarios is something many assets strive for. RLUSD’s growing footprint on Ethereum could be just the start of a series of evolutions on other Layer 1 and Layer 2 networks. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
The cryptocurrency market is becoming marked by a shift in tone as the not-so-distant second quarter of 2025 now unfolds. What had been only a continuation of bullish market momentum from late 2024 has now progressed into a more cautious, defensive phase. Sentiment in the market has become a lot more fragile, as the large-cap altcoin liquidity has thinned out considerably in recent weeks, while the macroeconomic backdrop has pushed a lot of the now-income-seeking investors into the safety of only their high-conviction digital assets. This ever-changing risk landscape is mirrored in the market’s overall structure. The current leading digital asset, Bitcoin ($BTC), reigns supreme as the most popular cryptocurrency. By market share, it now represents 63% of the total crypto marketplace, reflecting the highest level of dominance it has asserted since early 2021. This surge in dominance underscores the effect of volatility across the broader crypto market, as investors seemingly seek refuge in the most stable and institutionally supported assets. Institutional Flows Hold Steady as Bitcoin ETFs Lead the Pack A core part of this defensive rotation has been the lasting demand from institutions, especially through spot exchange-traded funds (ETFs). Inflows of capital have been directed to Bitcoin ETFs, which serve as an effective vehicle for the expression of institutional demand for the asset. Demand from institutions and the consequent performance of Bitcoin ETFs have given the asset an appearance of strength and resilience that is becoming increasingly evident in the context of a broader market that is struggling to find its footing. Ethereum ($ETH) has also started to establish a significant space in the ETF landscape. With the latest approvals and the increasing embrace of ETH-based spot ETF products, the second-largest cryptocurrency is not building a meaningful foothold of its own. While it remains behind Bitcoin in terms of total ETF balances, the presence of these ETFs tells us that institutional interest is on the rise, and Ethereum is very much part of that conversation. We’re pleased to share the Q2 2025 edition of Charting Crypto – the newly renamed and redesigned joint market report from @Glassnode and @CoinbaseInsto . This quarter’s insights reflect a market in transition, where macro pressure is exposing what’s durable in crypto pic.twitter.com/mhNcwWDwD4 — glassnode (@glassnode) April 25, 2025 Significantly, access to ETFs is still restricted on many of the key brokerage platforms, which keeps inflows at this current low level. But analysts see some latent potential here. If access on those platforms were to open up and, say, 2% of the assets that those firms manage were to flow into crypto ETFs, the annual inflow number for 2024 could be 22x what KFC is forecasting. The number gets even bigger if you cue up the next prospect of ETF growth and put Bitcoin as a top holding in a portfolio. Solana Quietly Delivers Amid the Noise Although meme coins have captured attention recently, the basic elements of blockchain technology tell another story. This is especially true for Solana ($SOL). This high-throughput, low-cost environment makes Solana a frequent target for retail speculation. It’s also a solid proving ground for the proposition that not all basic attention tokens are shilled by influencers. In fact, Solana seems to have plenty going for it. In Q1 2025, Solana not only outperformed every other blockchain in revenue generation but also even surpassed Ethereum in several key metrics. This performance reflects quite positively on Solana and is a testament to the user engagement on the platform. It is engagement that is not just about users buying and holding tokens but also about real economic activity—DeFi transactions taking place on the platform, enterprise-level applications being built on Solana, and other activities that could, and might, take place in the metaverse that many platforms are currently building. Stablecoin Metrics Signal Rising Global Adoption In this atmosphere of caution, one part of the crypto economy shows real strength: stablecoins. Recent data indicate that both the supply and the transaction volume of stablecoins are at all-time highs. This suggests that the demand for dollar-pegged crypto assets was, and is, very strong. And the performance of stablecoins is especially relevant for inflation-sensitive economies, where many citizens increasingly use these assets for cross-border payments, remittances, and capital preservation. Adjusted blockchain statistics indicate that a large portion of the stablecoin activity is not speculative but rather serves practical purposes, showing the increasing use of crypto in the world’s real financial infrastructure. Looking Ahead: A Flight to Quality in a Complex Landscape As the crypto market reconfigures, the trend is unmistakable: capital is directing itself toward assets that have the appearance of resilience and utility. Bitcoin and Ethereum, with the help of access to ETFs and some regulatory clarity, are now directing an institutional flow of capital toward them. Meanwhile, beneath all the hype, Solana appears to be demonstrating some robust economic fundamentals. Finally, it’s also worth noting that stablecoins appear to be evolving into some kind of global financial tool. The road ahead might still be bumpy, especially with macro headwinds and regulatory changes happening. But the crypto foundation is maturing. In times of uncertainty, quality factors take the stage, and we are seeing this unfold in the digital asset markets today. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
Dubai’s Virtual Assets Regulatory Authority and the Dubai Land Department have issued a public warning about entities falsely claiming involvement in their real estate tokenization project pilot. Possible Violation of Dubai’s Virtual Assets Regulation The Virtual Assets Regulatory Authority (VARA) has issued a public alert cautioning consumers and market participants about entities misrepresenting their involvement
Even though the much of the focus in 2024 was on prominent chains and memecoin storylines, Aptos went largely unnoticed as it staged one of the most impressive comebacks in the crypto world during the latter half of the year. With a remarkable 700% surge in total value locked (TVL), an extraordinary uptick in network activity, noteworthy partnerships with real-world assets (RWAs), and growing support for cross-chain stablecoins, Aptos has solidified its position as a top contender in the crypto space for institutional and real-world on-chain adoption. The performance of Aptos was not fueled by hyper but by continuous infrastructure expansion, enterprise use cases, and user-centric innovation. . @Aptos quietly had one of the strongest second halves of 2024. 700% TVL growth Major RWA integrations Stablecoins going cross-chain And a surge in real-world adoption across payments and enterprise. Here’s the thread breakdown pic.twitter.com/b3u2Rvbuaz — Nansen (@nansen_ai) April 24, 2025 It is now emerging as a high-performance layer-1 that connects traditional finance and the decentralized world—more or less seamlessly, and with increasing momentum. From Network Traction to DeFi Expansion: The Rise of Aptos Aptos wrapped up 2024 with statistics that most chains would envy. Its network was alive with activity, as total transactions exceeded 2 billion, and active accounts reached an impressive 8 million. The most jaw-dropping figure—peak daily transaction volume—occurred with the launch of the blockchain-based game “Tapos,” with 326 million transactions confirmed in a single day. If you want to know why everyone is so hyped about Aptos, look at these numbers. Impressively, the platform’s count of daily active addresses increased almost five times, compared to the levels of the middle of the year. It finished at between 800,000 to 1 million active addresses per day. Not only does this underscore the organic growth of the platform and the even pace at which it is accumulating users, it also highlights the continued unfurling of the necessary design features and the overall architecture of the still-embryonic technical environment. The ecosystem of decentralized finance (DeFi) on Aptos is experiencing a renaissance. Total value locked (TVL) shot up 700% in the latter half of maybe your year or last year, propelled by a burgeoning range of protocols like Thala Labs and Arius Markets, Amnis Finance, and LiquidSwap by Pontem Network. In this brave new world of lending, staking, and CDPs, Aptos is the place to be. Importantly, USDY—a yield-bearing stablecoin backed by real-world assets—saw quite the adoption, offering users a 5.3% APY with over $300 million in cross-chain liquidity. The presence of such stablecoins has helped draw more serious capital into the ecosystem and made Aptos a growing hub for yield-seeking users. Cross-Chain Stablecoin Momentum and RWA Integrations In late 2024, stablecoins emerged as a central component of the Aptos narrative. USDT was the first stablecoin with which to go live on Aptos, thus making it the first stablecoin to operate on a Move-based chain and to be integrated into the Aptos core multichain architecture. Not long after USDT, Circle snagged USDC, the world’s second-largest stablecoin by market cap, to also integrate into the Aptos ecosystem. USDC, like USDT, can be used in various multichain scenarios that involve Circle’s Cross-Chain Transfer Protocol. To better enhance its already robust stablecoin offering, Stripe set in motion the on-ramping and off-ramping of fiat currencies to and from the Aptos Ecosystem. Accordingly, Aptos users can now convert their fiat to crypto and their crypto back to fiat with the help of financial services giant Stripe—all without using any centralized exchanges. The upshot? More retail and institutional users in the Aptos Ecosystem because it’s now easier than ever to conduct crypto transactions. From an institutional perspective, Aptos has become a primary destination for the tokenization of real-world assets. It now accommodates an expanding roster of major real-world asset funds, including BlackRock’s BUIDL fund, Franklin Templeton’s FOBXX, and Ondo’s USDY. This is in line with a larger trend of deploying tokenized real-world assets and makes Aptos a contrasting choice, given its regulatory touchpoints, for blockchain-accessible tokenized versions of traditional financial products. Frictionless User Experience and Enterprise Partnerships Aptos made major strides in a user-friendly experience and payment infrastructure beyond DeFi and institutional capital. With Aptos Keyless, a new feat of engineering that makes it possible for average people to “log in” to Aptos using Apple or Google, the average user completely bypasses the management of a private key. In other words, they don’t have one. At the same time, collaboration with international telecom companies is taking blockchain to everyday users. In South Korea, for instance, SK Telecom has integrated Aptos-native USDT into its T-wallet, while Petra Wallet is now offering several new, consumer-friendly features—like Petra Pay and Petra Earn—that make it easier to spend, save, and earn crypto. These developments, when considered collectively, depict a platform that is not only expanding in a technical sense but also in a cultural one. It is appealing, with equal mastery, to both kinds of users: the crypto natives and the traditional finance crowd. Aptos is developing a unique area in crypto—integration with real-world finance. It has a high level of developer activity, top enterprise-grade integrations, and an increasing level of on-chain activity. Consequently, it has emerged as a leading platform for the sort of regulated finance that working-world institutions prefer. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
In a market where many top-tier cryptocurrencies are moving sideways, some smaller, utility-driven tokens are quietly gaining traction. One of the standout names right now is Mutuum Finance (MUTM) —a DeFi protocol in presale that’s already caught the attention of nearly 9,000 holders, despite still being priced at just $0.025. Unlike larger caps that rely on past reputation or speculative trading cycles, Mutuum is building something that directly connects value creation with platform usage. And as of today, over 420 million tokens have already been sold, and nearly 50% of the 4th presale phase is now sold out—making this feel like the last stretch before a major price shift. Mutuum Finance (MUTM) The momentum is clear. With more than $7 million raised so far, the project’s presale has evolved beyond just a fundraising event—it’s becoming a case study in how early community engagement can build a healthy launchpad for a new crypto. And here’s the catch: once Phase 4 wraps up, the token price will rise to $0.03, setting the stage for a continued climb through the 11-phase roadmap. This creates a window of opportunity. Early backers aren’t just speculating—they’re entering a protocol that’s aligning utility with financial rewards in a more grounded way. Mutuum isn’t just pitching a vague DeFi idea. The project is developing a dual-layer lending protocol that allows both Peer-to-Contract (P2C) and Peer-to-Peer (P2P) interactions. Through P2C, users can deposit their assets into liquidity pools and earn passive returns based on usage and pool activity. The P2P model, on the other hand, offers direct lending between individuals—supporting even high-volatility tokens, including meme coins like SHIB or PEPE. This gives users more choice in risk, strategy, and timing. But what really elevates the ecosystem is how it rewards users. When you deposit assets, you receive mtTokens—interest-bearing tokens that grow in value as the protocol generates yield. These tokens are more than placeholders—they can be traded, held, or used in other DeFi strategies. And in a move that sets it apart from most new protocols, Mutuum’s stablecoin—designed to be algorithmically pegged to the U.S. dollar—offers on-chain liquidity without requiring users to sell their assets. This lets borrowers unlock capital without exiting their core holdings, maintaining exposure while funding new opportunities. Mutuum has also confirmed a revenue-sharing structure that funnels protocol earnings into buying MUTM tokens directly from the open market. The model redirects platform success back to the community. Holders who actively participate—especially by holding or staking their mtTokens—are positioned to benefit directly from this buy-and-distribute loop. The tokenomics are designed to create long-term alignment between the project’s growth and user incentives. It’s a structure that avoids the short-termism seen in many other launches. Trust and transparency are top priorities for Mutuum. That’s why the team is currently undergoing a full CertiK audit, one of the leading firms for Web3 security reviews. The audit process is underway, and the final report will be made public before launch—helping potential backers evaluate the technical integrity of the platform before the token goes live. Additionally, the team has confirmed plans to roll out a beta version of the platform around the time of the token launch. This means users will be able to test core lending and borrowing features early on, adding another layer of credibility and confidence. Before wrapping up, there’s one more reason investors are paying attention: Mutuum is running a $100,000 giveaway campaign tied to early participation. With this initiative, Mutuum is signaling that early involvement isn’t just appreciated—it’s going to be rewarded. While bigger names remain in holding patterns, MUTM is gathering speed, fueled by a combination of smart tokenomics, rising presale momentum, and real DeFi utility. With Phase 5 on the horizon and a strong economic model behind it, the current $0.025 entry point may not be around much longer. For anyone watching the cryptocurrency market and wondering where the next breakout project will emerge—Mutuum Finance should be high on that list. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance
Brazil has made history by launching the world’s first exchange-traded fund (ETF) that tracks the spot price of XRP, Ripple’s native cryptocurrency. The fund began trading on April 25 on Brazil’s primary stock exchange, B3, according to a press release from Valor Econômico . Named Hashdex Nasdaq XRP Fundo de Índice (FI), the ETF is managed by Brazilian asset manager Hashdex and administered by Genial Investments Securities Brokerage SA, with Genial Bank SA serving as custodian. Brazil’s CVM Clears XRP ETF Following Previous Approval of Hashdex’s Solana Fund The Brazilian Securities and Exchange Commission (CVM) approved the XRP-focused ETF in February, marking another milestone after its greenlight for Hashdex’s spot Solana ETF in August 2023. Following regulatory approval, the fund entered a pre-operational phase before officially launching on the exchange under the ticker XRPH11. The ETF mirrors the XRP Reference Price Index (NQXRP), which tracks the real-time spot price of XRP across major cryptocurrency exchanges. According to fund documents, at least 95% of XRPH11’s net assets will be allocated to XRP and related digital assets, securities, or futures tied to the index. The ETF currently reports a net worth close to $40 million. XRPH11 – The world's first XRP ETF. Another crypto milestone on the Brazilian stock exchange! Hashdex just launched XRPH11, giving investors secure and regulated access to $XRP — one of the leading #crypto assets focused on fast, low-cost international payments. pic.twitter.com/kpokQP5NM4 — Hashdex (@hashdex) April 25, 2025 XRPH11 carries a competitive fee structure, including a maximum annual fee of 0.7% for administration, management, and distribution, along with a custody fee capped at 0.1% per year. The fund does not impose any structuring fees. With this launch, Hashdex has expanded its crypto ETF offerings on B3 to nine products. Samir Kerbage, Chief Investment Officer at Hashdex, said that XRPH11 joins the firm’s lineup of mono-asset ETFs, which includes products tied to Bitcoin (BITH11), Ethereum (ETHE11), and Solana (SOLH11). These funds are designed for institutional investors seeking exposure to digital assets through Brazil’s regulated markets. As Brazil leads with the first XRP ETF, anticipation grows in the United States, where the SEC is reviewing applications for spot Solana and XRP ETFs. SEC Lawsuit Against Ripple Labs Concludes After Four Years The legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has concluded after more than four years , marking a significant development in cryptocurrency regulation. In December 2020, the SEC filed a lawsuit against Ripple Labs, alleging that the company conducted an unregistered securities offering by selling XRP tokens, raising over $1.3 billion. Ripple contested the claim, arguing that XRP is a digital currency, not a security. In July 2023, U.S. District Judge Analisa Torres delivered a mixed ruling: she determined that XRP sales to institutional investors violated securities laws, while sales on public exchanges did not. Consequently, Ripple was ordered to pay a $125 million civil penalty. In March 2025, Ripple and the SEC reached a settlement. Under the agreement, Ripple would pay $50 million of the previously imposed fine, with the remaining $75 million returned to the company. Both parties agreed to drop their respective appeals, effectively ending the litigation. The post Brazil Launches World’s First Spot XRP ETF on B3 Exchange appeared first on Cryptonews .