VICTORIA, Seychelles, April 22, 2025 /PRNewswire/ — A report released by MEXC , a leading global crypto exchange, indicates that airdrop campaigns account for approximately one-third of new user registrations during peak months. The numbers showcase the effectiveness of airdrops as a marketing instrument that crypto projects can leverage to attract new audiences and bootstrap engagement. The report also highlights the importance of ongoing structural shifts taking place in the industry across regions, as well as user motivation swings. Key Takeaways: Peak user acquisition rates driven by airdrops reach up to 35% in certain months. User behavior is influencing airdrop campaign participation through deeper mobile penetration and the involvement of gamification mechanisms. 76% of users who sign up via airdrop campaigns remain on the platform , with 18% becoming active traders and 58% trading occasionally. The CIS region leads in terms of involvement at 67% , followed by Southeast Asia at 51%, and South Asia at 32%. Airdrops are evolving into a means of financial inclusion, in addition to acting as an effective marketing instrument. MEXC analyzed user behavior during airdrop campaigns and identified a significant shift in the audience. While regions with low levels of access to banking services previously served as the main source of airdrop participants, the latest report indicates that new channels of user onboarding are ousting the trend. Gamification and Tap-to-Earn games in mobile-based Telegram channels are taking center stage as key registration sources for users with no previous experience in crypto. For instance, games like Hamster Kombat attracted over 70 million users, other notable examples of similar grade being Notcoin and Yescoin. According to the data compiled as a result of the research, users who received their first airdrop tokens demonstrated varying degrees of continued involvement in the crypto industry. As many as 18% maintained active trading patterns and delved deeper into crypto services, 58% traded occasionally, while 24% were one-off users, withdrawing their funds without further engagement in trading. The users who evolve into active traders showcase an average daily trading volume above $58,000, with select ones achieving $31 million. Regional segmentation of the users attracted via airdrops shows that the CIS is in a leading position, with 67% of the total, followed by Southeast Asia at 51%, and South Asia with 32%. The results of the analysis correlate with low levels of access to banking services in the given regions. They also align with data provided by Chainalysis, which positioned India, Vietnam, and the Philippines as the countries in Asia with the highest rates of crypto adoption, driven by low levels of banking services access and rapid spread of internet coverage in rural areas. The limited financial inclusion of the countries in the indicated regions into the international banking system paves the way for cryptocurrencies to act as alternative means of payment both abroad and within domestic economies. Users participating in airdrops either withdraw them to fiat or use them for their needs. Pakistan and the Philippines are leading in this regard. The report released by MEXC highlights the prominent role airdrops are occupying in the evolving crypto landscape, transforming from a marketing action into a separate instrument for user engagement. The ability to attract 35% new user registrations via airdrops in select regions like the CIS and Asia is a powerful factor acting in favor of using the given approach to expanding the crypto industry and advancing its maturity. About MEXC Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding. For more information, visit: MEXC Official Website | X | Telegram | How to Sign Up on MEXC
The recent movement of tokens by a prominent Solana whale underscores a significant profit-making opportunity in the booming crypto market. Reportedly, this whale amassed substantial gains through a strategic staking
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A Solana address with over 1 million tokens is sitting on over $153 million in profit after a four-year staking play on the crypto asset. Blockchain analytics firm Lookonchain flagged the wallet address of a whale that staked nearly 1 million Solana ( SOL ) tokens in 2021. At the time of the staking, Solana tokens were worth around $27, which means the trader spent about $27 million to execute the staking play. Four years later, the whale’s total staked Solana holdings reached 1.29 million. With Solana appreciating to about $140, the whale’s holdings increased in value to about $180 million. On April 22, the whale started offloading a portion of the token stash to cash out on the gains. Lookonchain reported that the whale had already unstaked 100,000 SOL tokens (about $14 million) and sent them to Binance. Sending tokens to crypto exchanges often indicates an intent to sell. Even though the trader already took millions in SOL tokens, Lookonchain said the whale still has 1.19 million Solana, worth around $166 million. Since the trader spent $27 million on the play, the total unrealized profit for the address is about $153 million. Source: Lookonchain Solana whales turn $37 million to $200 million in four-year play The Solana whale’s unstaking and token offloading follow another Solana staking play that involved hundreds of millions earlier in April. On April 4, Arkham Intelligence data showed that four wallets that staked $37 million in tokens in 2021 had their tokens unlocked, meaning they can unstake and sell them. The blockchain intelligence platform called the event “the largest single-day unlock of staked SOL.” During the unlock, the tokens were worth over $206 million. After the tokens were unlocked, about $50 million in tokens were sold. Related: Babylon total value locked drops 32% as wallets unstake $1.2B in Bitcoin Solana briefly flips Ethereum in staking market cap As many whales turn to Solana for staking plays, the network briefly flipped Ethereum in the staking market cap. On April 20, the blockchain overtook Ethereum regarding staked token value after reaching over $53 billion. However, the event was short-lived as Ethereum easily recovered the top spot. While the event may seem bullish, community members were split on whether Solana overtaking Ethereum is bullish or bearish for the network . Magazine: Uni students crypto ‘grooming’ scandal, 67K scammed by fake women: Asia Express
The post Why SUI, Solana’s Biggest Rival, Could Skyrocket to $10 – Here’s Why! appeared first on Coinpedia Fintech News SUI, a blockchain project that many now call Solana’s biggest rival, is suddenly back in the action. Over the past week, its price has jumped nearly 25%, going from $1.86 to around $2.32 . But this quick surge is just part of a much bigger picture. Several signs are pointing to something much bigger on the horizon for this rising Sui token. Sui Stablecoin Inflows Hit Record High SUI was once seen as one of the worst-performing assets this year, with its price falling nearly 60% since January. But things started to change in March and April, as the token began showing signs of a strong comeback. In the last week alone, the SUI network saw a major jump in stablecoin activity. Around $60 million worth of stablecoins flowed into the network in just 24 hours, marking a new record. This surge has now placed SUI among the top blockchain networks when it comes to stablecoin inflows, even outpacing giants like Ethereum and Solana. SUI Showing Strong Bullish Signals Adding even more excitement, popular crypto analyst Raoul Pal has shared a very bullish outlook for the token. Looking at the SUI’s 1-day price chart, Pal believes the coin is close to breaking out of a downward trend and may be ready for a strong rally. Sui – Knock knocking knocking on heavens door… $SUI pic.twitter.com/LbBiYzRzNR — Raoul Pal (@RaoulGMI) April 21, 2025 Supporting this view, another well-known crypto trader, Capital Faibik, points to a “falling wedge” pattern forming on SUI’s chart. This pattern often signals a breakout, and if that happens, he believes the price could surge to around $4.80. Big Prediction: SUI to $10? But the most eye-catching prediction comes from investment giant VanEck. The firm, which manages over $116 billion in assets, says SUI could rise by more than 350% and hit $10 by the end of 2025. This prediction seems more likely now, as Canary Capital Funds has just filed for the first-ever SUI token ETF. This move could attract institutional investors, which usually helps the asset grow in the long term. SUI Price Analysis As of now, SUI is currently trading at $2.32, showing a 1.5% increase in the last 24 hours, with the market cap reaching $7.5 billion. Looking at the charts, it’s clear that the bulls are in control. The RSI has jumped from 48 to 68 , indicating renewed buying activity. Plus, the MACD has turned bullish, showing that the trend could continue its upward trajectory. The token recently broke past a critical resistance at $2.25, a level that now offers solid support. If SUI keeps pushing forward, the next resistance point to watch is $2.78. A breakout above this could lead to a rise toward $3.17.
Bitcoin traded at $88,447 on April 22, 2025, securing a market capitalization of $1.75 trillion. Over the past 24 hours, it moved within a tight range of $86,664.84 to $88,874 on a trading volume of $36.36 billion, reflecting consolidation within a prevailing uptrend. Bitcoin On the 1-hour chart, bitcoin exhibited a consolidative structure marked by
Summary Bitcoin remains in a Bull Market, with On-Chain Metrics showing a moderately bullish sentiment and strong support around $67K-$70K. Altcoins are poised for growth, driven by expanding use cases and a favorable regulatory environment, but liquidity remains a key catalyst. The recent “digestion period” coincided with rising Bitcoin Dominance and falling Altcoin prices. Altcoin pricing behavior can be characterized as long-dated Call Options. Avoid FOMO; dollar-cost-average into Altcoins when indicators and liquidity conditions are favorable. Introduction I’ve written several articles highlighting the twists & turns of Bitcoin’s ( BTC-USD ) journey, to which it eventually broke through $100K. In my last article, entitled Bitcoin: Passing the Baton to Altcoins , I alerted readers to prepare for the upcoming “Altcoin Season” saying we’re probably six months away (meaning May’25). This article updates On-Chain Metrics, discusses my Altcoin Framework, introduces a new concept of Altcoin pricing behavior and concludes with a portfolio strategy. Bitcoin’s still in a Bull Market If we look back to the major Bull cycles of Bitcoin, we can start with the first cycle of 2009–2011 onwards to 2023-2025. We are now in the second year of the Fourth Halving . The Bull market typically develops into a parabolic (and final “blow off” stage). Year to date, Bitcoin’s down ~30% from its ATH, and the shallower decline suggests it’s a Bull market Correction – not a cycle decline. Glassnode On-Chain Metrics (“OCTA”) and Off-Chain Indicators Now that we’ve determined we’re in a Bull cycle, we can utilize OCTA to determine local peaks and bottoms. I utilize a holistic approach to measuring risk including Sentiment and a slew of On-Chain Metrics. They are again showing confluence – meaning indicators from different data-sets and different assets (Bitcoin, Crypto, Equities..) are giving the same reading. Most have changed from Bearish in Nov’24 to moderately Bullish as of Apr’25. Some of the major categories and their readings are below: Sentiment (Bullish readings, both Equity and Crypto) Blockchain Usage (Neutral reading) Investor Profitability (Bullish especially for ST holders) Global Liquidity (Moderately Bullish) Derivative Positioning (Neutral) Exchange Flows (Bullish) Sentiment (“Fear & Greed”: Bullish reading) The chart below is Bitcoin’s price color-coded with the Fear & Greed index and as you can see, the index moved from Extreme Greed (~ 90) at the time of my last article, to Fear (~ 25 ). This suggests that Bitcoin prices are nearing a local bottom – there’s strong support in the chart at $67K-$70K. BGeometrics Blockchain Usage (Active addresses: Neutral reading, Exchange Flows: Bullish) Investors have removed the largest number of Bitcoins (measured Y/Y by Glassnode) in history, meaning investors are “holding” their Bitcoins. Active address growth has been lackluster since March’24, which is somewhat concerning. However, the decline may be attributed to a shift from personal wallets to custodied Bitcoin ETFs. On the other hand, there is expanding demand from governmental (state and central), corporations (private and public) and asset managers (ETFs, Exchanges…). The website Bitcoin-treasuries is a way to monitor this demand over time and their heat map is below. BGeometrics Bitcoin Treasuries Investor Profitability (Neutral to Bullish) Overall, investors have about 75% of their BTC holdings in profit (not a good sign as it could portend selling). However, a drilldown reveals that the LTH (long-term holder) cohort (which is less likely to sell) has most of these gains. Newer Retail Investors (“STH” on the lower chart) are experiencing losses matching previous bear markets. These “weak-hands” are likely witnessing seller exhaustion. Glassnode Glassnode Derivative Positioning (Neutral to slightly Bullish) Data has moved from Extremely Bearish last Nov’24 to Neutral as Futures Open Interest and Funding Rates have come down from peak levels. The options market is more bullish as the Delta Skew is at the high end (~ 0.08) of its 2Y range. This means that investors are worried about a correction, so they’re buying more protection via Put options. BGeometrics Bitcoin Dominance continues BTC Dominance will likely continue until the Federal Reserve pivots or Global Liquidity accelerates. Presently, BTC Dominance is 63% and recent history suggests it’ll peak around 68%. Remember, Bitcoin has its own unique “Digital Gold” narrative and doesn’t have to worry about competing with 25,000 Altcoins! My Framework for Altcoin Season Fundamentally, “things look good” for Altcoins given: The defanging of the SEC Support by the U.S. Congress A pro-crypto Trump Administration Expanding use-cases (e.g., Defi, DePin, Prediction markets, Gaming/NFTs, Authentication) Altcoins as Call Options My framework is that as Bitcoin rises, a wealth-effect is created and investors become overconfident. They then trade on leverage and sell Bitcoin for faster horses. The established narrative is that this occurs a year or two after the Bitcoin Halving; however, my belief is that the strong gains in Altcoins are reflecting the Liquidity Cycle – not the Halving Cycle. This means Altcoins could continue declining both absolutely or in BTC terms until the Liquidity catalyst arrives. Crypto OGs often say that tokens are similar to venture capital portfolio companies with most failing over time. According to a study conducted by Coingecko, over 14,000 crypto projects have failed (as of 2023) and approximately 70% fail during each cycle. Given crypto’s low entry-barriers, a high failure rate is “par for the course.” Call me cynical, but I characterize the movement of Altcoins as equity Call Options . In fact, I would expect the same type of investor to be purchasing both Call options and Altcoins. Both are great ways to get rich quick or lose your shirt. When I studied Risk Management, required reading was on what’s called the Option Greeks . They are Delta, Gamma, Theta, Vega, and Rho. These metrics quantify how an option's price is affected by various factors, including the underlying asset's price, time decay, volatility, and interest rates. Altcoins then, are similar to long-dated Call Options that are sensitive to Delta (i.e., change vs. Bitcoin’s price) and they degrade over time (“Theta”). As a sidenote, the Indicators that I’ve shown have historically done a good job at timing major tops & bottoms; however, they are not practical for timing the next Altseason as Altcoins tend to run-up after the indicators have bottomed and when Bitcoin is rising (think of the Delta concept). ProjectFinance Altcoin Dominance A method of measuring price-decline in “crypto terms” is examining a crypto’s token price in BTC terms. Let’s focus on Ethereum ( ETH-USD ) as a proxy for the Altcoin market. Most observers would probably agree that Ethereum’s a Top-10 project with strong fundamentals. Still, the ETH/BTC ratio has declined sharply over time. ETH/BTC declined a whopping 77% between “ The Merge ” (in September 2022) and today, where it sits at 0.0188 . This means ETH’s price is worth less than 2% of Bitcoin’s. That’s a shocking development considering that the 2017 narrative was for an “ETH flippening.” TradingView Liquidity is the “Light at the end of the Tunnel” While demand catalysts should be able to boost the price of Altcoins, the fact is that they haven’t. Until the Federal Reserve pivots, I expect the ETH/BTC ratio to decay towards the 2019 low of 0.0164 . But even then, that low was halted only because the Fed started pumping liquidity into the market. And even this takes time; according to GMI’s Raoul Pal, there’s a 10 week lag between gains in liquidity and gains in crypto prices. (Note that the red line in the chart above shows liquidity as measured by the Fed’s balance sheet, while the last chart shows liquidity in terms of M2 Money Supply.) Dysfunctioning Fixed-Income markets may force a Fed Pivot There’s evidence of dysfunctional markets. For example, the MOVE Index has risen sharply, CCC-rated credit spreads have risen and participants are having difficulties pricing collateral. Some examples include: lack of Junk Bond and Leveraged Loan issuance (lowest on record since 2013) and the postponement of several IPOs such as Circle (the company behind the USDC Stablecoin). Bloomberg LLC Treasuries are acting “weird”, for example, 30Y treasury bond prices are declining along with the US Dollar and Equities. This is a rare event, as Treasuries typically act as a “safe-haven” asset in weak markets . If this continues, the U.S. Treasury and or Fed will have to support markets by injecting liquidity. Portfolio Strategy I believe crypto investors should have a 70/30 strategic allocation to Bitcoin and Altcoins, meaning 70% of your portfolio should be in Bitcoin through the cycle, depending on your “risk appetite.” As Bitcoin reaches the Halving Event, I would advise slowly changing allocation to 50/50. The key factors determining what your Altcoin exposure should be are: Indicators, Bitcoin Dominance peaking, and most importantly, Liquidity. Global Liquidity has improved this year, but it hasn’t reached the tipping point, and a portion of this rise was attributed to US Dollar weakness. I would prefer M2 grow above 8% Y/Y compared to the 6% rate of today. That would be your tipping point :) BGeometrics Conclusion Similar to equity investing, I never recommend FOMO-ing into anything. A measured approach to portfolio allocation should be a prime directive, as well as dollar-cost-averaging into Altcoins when the time is right. Well, that’s my two Satoshis!
Momentum is quietly building in the Ethereum camp, with ETH hovering near $1,600 and eyeing a breakout to $2,000 in the coming weeks. But while Ethereum lays the track, an ETH-based newcomer, Mutuum Finance (MUTM), is gaining serious traction behind the scenes. Mutuum Finance (MUTM) is currently priced at just $0.025 in Phase 4 of its presale. The platform’s unique dual-lending model, combining peer-to-peer and peer-to-contract mechanisms, offers flexibility and efficiency in crypto lending. As this phase concludes, the price is set to rise to $0.03 in Phase 5. Since launch, the project has attracted over 8,400 investors and secured $7 million in funding. This rising star is attracting early investors with predictions soaring as high as $6 by Q3 2025. As ETH revs up for its next rally, many believe MUTM could be the real breakout story riding the Ethereum wave. The Mutuum Finance team has just introduced a new dashboard featuring a leaderboard that highlights the top 50 holders, who will earn bonus tokens for maintaining their position in the top 50. Mutuum Finance: Shaping the Next Generation of DeFi Lending Mutuum Finance attracts major investor interest through its unique method of decentralized financing. Users can benefit from the combined Peer-to-Contract (P2C) and Peer-to-Peer (P2P) framework which creates a dual-lending system that provides users with adaptive control together with improved efficiency. The lending process in P2C is managed by smart contracts which accept USDT in liquidity pools while providing loan backing through ETH. The P2P model gives users complete control over their loan management which provides increased privacy alongside self-directed autonomy. Mutuum Finance provides a high-yield DeFi platform through its adaptive operations alongside liquidity provider returns exceeding 10% which makes it both profitable and easy to use. To drive further engagement, Mutuum Finance has launched a $100,000 giveaway, awarding ten investors with $10,000 worth of MUTM tokens each. This initiative not only incentivizes current users but also encourages community-driven expansion through referrals and increased participation. It’s a strategic move that fuels both platform visibility and organic user growth. Phase 4 Presale: A Timely Entry into a Promising DeFi Project Early-stage investors now have a limited-time chance to acquire MUTM tokens at just $0.025 in the ongoing Phase 4 of the presale. As the token is expected to climb incrementally to $0.06 by the final phase, current participants could realize returns of up to 140% even before the token hits the open market. With a growing ecosystem and expert projections pointing to a potential post-launch price of $2, MUTM is being positioned as one of 2025’s breakout DeFi projects. The presale has already generated over $7 million in market cap, a strong signal of investor faith and long-term potential. As Ethereum inches closer to a potential $2,000 rally, Mutuum Finance is emerging as the sleeper pick riding that same wave, but with significantly higher upside. Backed by over $7 million in presale funding and supported by 8,400+ early investors, MUTM is leveraging Ethereum’s infrastructure to power a next-gen DeFi platform with real yield and real utility. With the token currently priced at $0.025 and forecasts climbing as high as $6 by Q3 2025, the current presale phase offers a strategic entry point. The platform’s innovative dual-lending system promises flexibility and security, making it highly appealing for long-term investors. Position yourself early and secure MUTM tokens now and ride the next major ETH-based breakout. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance
The post Trump Bitcoin Reserve? Kalshi Users Say There’s a 50% Chance appeared first on Coinpedia Fintech News On March 6, 2025, U.S. President Donald Trump Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election President signed an Executive Order establishing a Bitcoin Strategic Reserve and a U.S. Digital Asset Stockpile . This marked a major step in integrating digital assets into the U.S. financial framework. However, the reserve currently only manages Bitcoin obtained through asset forfeitures in criminal and civil cases. Despite its limited scope, speculation is rising around a broader Trump Bitcoin Reserves plan—one that mirrors the structure of the Strategic Petroleum Reserve. Kalshi Predicts 50% Chance of a National Bitcoin Reserve in 2025 According to prediction market Kalshi , there is a 50% probability that Trump will go further and establish a National Bitcoin Reserve this year. This reserve would contain Bitcoin not acquired through confiscation, and potentially include other cryptocurrencies. Importantly, the Kalshi contract requires the reserve to be fully functional and operational, not just announced in concept. Kalshi’s data shows fluctuating sentiment: 57.2% probability at the start of 2025 41.2% low on January 9 70.6% peak on March 6 (following Trump’s executive order) Timeline: Trump’s Bitcoin and Crypto Policy Moves July 2024 – Trump announces plan for a Bitcoin Reserve during campaign Nov 2024 – Wins the U.S. Presidential election ; promises pro-crypto cabinet members Dec 2024 – Plans nomination of Paul S. Atkins as SEC chair Jan 2025 – Forms a crypto regulation task force via the SEC Mar 2025 – Signs Executive Order to form the Bitcoin Strategic Reserve What Could a National Bitcoin Reserve Mean? If Trump follows through with a fully operational National Bitcoin Reserve , it could signal a historic policy shift, positioning Bitcoin as a strategic, sovereign digital asset. Such a move would: Enhance investor trust in U.S. crypto policies Accelerate regulatory clarity and institutional adoption Signal America’s leadership in global digital finance Still, the outcome hinges on execution, political alignment, and international response.