Singapore, April 17, 2025 — HTX DAO, the decentralized autonomous organization behind the $HTX token, has officially announced the completion of its Q1 2025 token burn. According to the announcement, a total of 11,338,023,612,750.992 $HTX tokens were permanently removed from circulation, representing a market value of approximately $19.2 million USD. Since its inception, HTX DAO has cumulatively burned over 60.97 trillion $HTX, with an estimated total value exceeding $114 million, demonstrating strong execution of its deflationary model and long-term value alignment. In accordance with its governance protocol, HTX DAO allocated 50% of revenue generated by the HTX exchange in Q1 2025 toward this burn. Executions were carried out transparently via Sun.io, with complete on-chain verification available through transaction hashes. Community members can review the full burn transaction here: Burn Hash on Tronscan Burn Mechanism: Not a Gimmick, but a Governance-Backed Commitment Unlike short-term, price-focused burns used by many projects as speculative marketing tactics, HTX DAO’s burn strategy is rooted in its “Verified Revenue – Automatic Buyback – On-chain Burn” model, introduced in late 2023. This system ensures consistent and verifiable token reductions aligned with real revenue, not artificially inflated figures. Key elements of the HTX DAO burn mechanism include: Revenue-Linked Buybacks: A fixed percentage of exchange income is used to repurchase and burn $HTX; Full Transparency: All burn addresses and transactions are recorded and publicly accessible on-chain; Scheduled Execution: Quarterly announcements and hash verifications published for community audit; Governance Supervision: DAO governance oversees adjustments to burn ratios and policies. This model makes HTX DAO’s deflationary action a structural economic feature, rather than a temporary performance signal—positioning $HTX for long-term compounding value growth. Market Volatility Validates Mechanism Robustness In Q1 2025, despite Bitcoin falling from nearly $110,000 to $70,000—a drop of over 30%—and global crypto trading volumes dropping 27% from $200.7B to $146B (source: Coingecko ), HTX DAO’s token burn decreased by only 15% compared to Q4 2024 ($22M to $19.2M). This measured reduction highlights two important truths: Burn funding is derived from actual revenue, not reserves or pre-allocated marketing budgets; Burn volumes follow a systematic, non-manipulative model, unaffected by short-term market panic. Rather than artificial inflation of value, HTX DAO reflects a rational, data-driven growth model, balancing deflation and ecosystem expansion with real income performance. Scarcity Effect: Circulating Supply Falls, Value Logic Strengthens The cumulative impact of HTX DAO’s deflationary system is becoming more pronounced: Over 60.97 trillion $HTX burned, reducing overall token supply; Increased scarcity for long-term holders; Sustainable tokenomics, with low inflation and high burn rates—making $HTX one of the few net-deflationary exchange ecosystem tokens on the market. Following the footsteps of proven models like Ethereum’s EIP-1559 and BNB’s quarterly burns, HTX DAO is establishing a durable path toward value consolidation. Its staking, governance, and node programs are all structurally tied to the burn cycle—creating a positive feedback loop where ecosystem growth triggers further deflation, and vice versa. Leading by Example: Real DAO Execution in a Sea of Paper DAOs While many projects claim to be DAOs in name, few consistently execute governance-backed decisions with on-chain transparency. HTX DAO sets itself apart by delivering measurable, auditable outcomes—burns, votes, and revenue allocation—visible to all stakeholders. In contrast with projects known for inconsistent execution or vague treasury use, HTX DAO demonstrates: High operational reliability Transparent financial data Clear deflationary logic This makes HTX DAO a standout among modern DAO ecosystems—not merely in philosophy, but in real-world delivery. More Than a Buzzword: DAO as a Mechanism for Value Fulfillment This Q1 burn underscores HTX DAO’s continued adherence to its roadmap. Despite macro challenges, it has executed a $19M burn, retained full on-chain traceability, and continued reducing its circulating supply. These attributes collectively validate the DAO’s ability to deliver on promises—not just through whitepapers, but through chain-verified results. With renewed user growth, ecosystem expansion, and market recovery expected later in 2025, future burn events are poised to become milestones in HTX DAO’s deflationary growth story. For a sector still grappling with the legitimacy of decentralized governance, HTX DAO offers a compelling answer to the question: Can DAOs truly deliver value? HTX DAO’s response is already written—on-chain. About HTX DAO As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates openness and encourages all DAO participants to propose ideas that can promote the development of HTX DAO. Contact Information Website: www.htxdao.com Email Address: media@htxdao.com The post HTX DAO Burns 11.3T $HTX in Q1, Sustaining Deflationary Momentum Through Stable Burn Mechanism first appeared on HTX Square .
The ongoing rivalry between Solana and Ethereum took a dramatic turn in early 2025, highlighting contrasting performance metrics and market dynamics. Solana’s initial surge in decentralized exchange (DEX) volume was
XRP price started a fresh decline below the $2.120 zone. The price is now consolidating above $2.00 and remains at risk of more losses below $2.00. XRP price started a fresh decline below the $2.150 zone. The price is now trading below $2.120 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2.10 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might extend losses if there is a close below the $2.00 support zone. XRP Price Dips Again XRP price started another decline below the $2.20 zone, like Bitcoin and Ethereum . The price traded below the $2.150 and $2.120 levels to enter a bearish zone. The price even spiked below $2.050 before the bulls appeared. A low was formed at $2.036 and the price is now consolidating losses. There was a minor increase above the $2.10 level. However, the bears were active near the 50% Fib retracement level of the downward move from the $2.184 swing high to the $2.036 low. The price is now trading below $2.10 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.10 level. There is also a key bearish trend line forming with resistance at $2.10 on the hourly chart of the XRP/USD pair. The first major resistance is near the $2.1280 level and the 61.8% Fib retracement level of the downward move from the $2.184 swing high to the $2.036 low. The next resistance is $2.1850. A clear move above the $2.1850 resistance might send the price toward the $2.250 resistance. Any more gains might send the price toward the $2.320 resistance or even $2.350 in the near term. The next major hurdle for the bulls might be $2.50. More Losses? If XRP fails to clear the $2.10 resistance zone, it could start another decline. Initial support on the downside is near the $2.040 level. The next major support is near the $2.00 level. If there is a downside break and a close below the $2.00 level, the price might continue to decline toward the $1.920 support. The next major support sits near the $1.840 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.040 and $2.00. Major Resistance Levels – $2.10 and $2.1850.
Bitcoin and Solana have emerged as dominant players in the crypto market during an especially turbulent first quarter of 2025. According to the Q1 Crypto Industry Report recently released by CoinGecko, the broader market experienced a major downturn. However, Bitcoin and Solana still had strong showings relative to the general market. The crypto market entered 2025 on a high note, building on momentum from late 2024. Bitcoin rose to an all-time high of $106,182 in January, contributing immensely to the rise of the total crypto market capitalization, which hit a $3.8 trillion on January 18. However, by the end of Q1, the total market cap had fallen by 18.6%, losing nearly $1 trillion and closing at $2.8 trillion. Crypto market cap and trading volume declined in Q1 2025. Source: Coingecko By the end of the quarter, Bitcoin’s price had fallen by 11.8%, ending at $82,514. Still, it performed better than most altcoins, further solidifying its dominance, which rose to 59.1% of the total crypto market cap. Solana rides the memecoin wave for growth DEX trading volume has suffered a steady decline since January. Source: Coingecko Solana saw a brief surge in decentralized exchange (DEX) activity in early Q1, accounting for 52% of on-chain spot DEX trades in January, fueled by the TRUMP memecoin frenzy. However, that momentum was reduced by March, as interest in meme coins dropped significantly. Solana’s DEX trade share fell to 23.4%, while Ethereum reclaimed the lead with 30.1%. Despite the resurgence, Ethereum’s overall performance was underwhelming. After hitting a high of $3,336, Ethereum ended Q1 at $1,805. Its market dominance fell to 7.9%, which is reportedly the lowest it has dropped since 2019. The memecoin trend saw unprecedented results at the start of the first quarter with the launch of the TRUMP and MELANIA meme coins before Trump’s inauguration. It pushed the launching of tokens on Pump.fun to a record 72,000 per day. However, its decline was expedited by the LIBRA token incident, which was promoted by Argentina’s president, Javier Milei, and collapsed following a rug pull. The incident caused LIBRA’s market cap to crash from $4.6 billion to $221 million within hours. As a result, Pump.fun’s activity declined sharply, with the launch of tokens falling over 56% on the platform. Stablecoins gain ground as centralized and DeFi crypto markets took hits More investors favored stability as stablecoins such as USDT and USDC due to market volatility. USDT’s market share increased to 5.2%, while USDC moved up to reclaim the seventh position in terms of market cap, displacing Dogecoin. Amid all the decline and changing of market share positions, XRP and BNB maintained their positions and market share. Binance maintains its lead in terms of CEX trading volume. Source: Coingecko According to the report, the top 10 centralized exchanges (CEXs) saw a 16.3% quarter-on-quarter drop in spot trading volume, totaling $5.4 trillion. Binance maintained its position as market leader with a 40.7% share, although its volume fell to $588.7 billion in March from over $1 trillion in December. HTX was the only exchange in the top 10 to record growth. Upbit saw a steep 34% drop. Bybit was hit the hardest, plunging 52.4% month-on-month following a major February hack. On the decentralized finance (DeFi) side, multichain DeFi total value locked (TVL) fell by 27.5% in Q1 2025, dropping from $177.4 billion to $128.6 billion, largely driven by altcoin price declines. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
HashKey Capital has launched the HashKey XRP Tracker Fund, marking a significant milestone as the first investment fund in Asia dedicated to XRP. This innovative fund enables professional investors to
As analysts begin updating their 2025 outlooks, a bold forecast has emerged: Bitcoin (BTC) , XRP , and MAGACOINFINANCE are now being discussed in the same breath when it comes to 10,000% upside potential . BTC and XRP are expected to climb steadily toward that figure over the next few years. But for those who want to chase life-changing ROI right now , only one coin offers that setup under $0.001 —and that’s MAGACOINFINANCE , the fast-growing altcoin project with a confirmed listing target and a community growing by the hour. LIMITED SPOTS — JOIN 2025’S BIGGEST PRESALE! MAGACOINFINANCE – THE 25x ALTCOIN THAT’S ALREADY MOVING MAGACOINFINANCE launched Stage 7 after Stage 6 fully sold out. At just $0.0002908 , with a confirmed target of $0.007 , this coin gives early investors a 25x return window . Apply MAGA50X for a 50% bonus and lock in a total ROI of 3,745% . With 12,500+ holders already in , this is Q2’s most-watched breakout candidate. PRESALE LIVE NOW – CLICK HERE TO SECURE A SPOT ROI Forecast – 10,000% Potential? Let’s Compare the Path Bitcoin (BTC) – $81,812 (10x projected by 2026 with institutional inflow) XRP – $1.99 (could 4x–5x short term, 10x long term) MAGACOINFINANCE – $0.0002908 ( Confirmed 25x ROI to $0.007 , or 3,745% with MAGA50X ) Solana (SOL) – $182 (upside capped near 3x) The takeaway? BTC and XRP are marathon plays. MAGACOINFINANCE is built for the sprint , and it’s running hard right now. Also Trending: SOL, TON, AVAX, XLM These names offer consistent movement—but none are matching the early-stage energy, market buzz, or ROI ceiling that MAGACOINFINANCE is delivering right now. 50% BONUS TOKEN OFFER — ENDS SOON! USE MAGA50X Conclusion As the cryptocurrency market continues to evolve, both established and emerging digital assets present unique opportunities. While Bitcoin (BTC) , Ripple (XRP) , and Solana (SOL) pursue growth strategies, MAGACOINFINANCE distinguishes itself with its innovative approach and attractive pre-sale incentives. Investors are encouraged to conduct thorough research, stay informed about market trends, and consider diversifying their portfolios to navigate this dynamic landscape effectively. Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: BTC, XRP, and MAGACOINFINANCE Grouped in Bold 10,000% Forecast
So, who's got the ultimate lead?
Arizona’s push to integrate digital assets into state financial infrastructure is nearing a critical milestone as the crypto reserve bill moves ahead. The state’s Strategic Digital Assets Reserve Bill (SB 1373) passed the House Committee of the Whole on April 17 and now awaits one final vote before heading to Governor Katie Hobbs for approval. The crypto reserve bill proposes the creation of a Digital Assets Strategic Reserve Fund, which would consist of digital assets seized during criminal proceedings. Arizona Treasurer May Gain Power to Invest 10% of State Crypto Fund Annually The fund would be managed by Arizona’s state treasurer, who would be authorized to invest up to 10% of its total balance in digital assets each fiscal year. Additionally, the treasurer could lend out fund assets to generate returns, provided this does not elevate financial risk. Despite clearing the House committee stage, the bill’s path forward remains uncertain. Governor Hobbs has vowed to veto all legislation until lawmakers address funding for disability services. She has already rejected 15 bills this week and has previously exercised veto power on several House-approved proposals. SB 1373 is advancing in parallel with another digital asset-focused proposal, the Arizona Strategic Bitcoin Reserve Act (SB 1025). This bill would allow Arizona’s treasury and state retirement fund to invest up to 10% of available assets specifically in Bitcoin. It passed the House Committee of the Whole on April 1 and is also awaiting a final vote. ARIZONA Update: Bitcoin Reserve Bill SB 1373 has been passed by the House Committee of the Whole (with a minor amendment). The next step is Third Reading and final floor vote. pic.twitter.com/oOahjbZATR — Bitcoin Laws (@Bitcoin_Laws) April 17, 2025 Arizona now finds itself at the forefront of the growing state-level crypto reserve movement. While Utah passed Bitcoin-related legislation in early March , it removed the Bitcoin reserve provision during final approval. Texas and New Hampshire, however, have seen similar bills advance through their legislatures, with the Texas Senate approving its Bitcoin reserve bill on March 6. Just recently, Kentucky Governor Andy Beshear officially signed House Bill 701 , known as the “Bitcoin Rights” bill, into law—making the state one of the latest to enact legislation protecting digital asset users and operations. Missouri is also in the mix , with its Special Committee on Intergovernmental Affairs reviewing its own Bitcoin reserve proposal. Public Companies Boost Bitcoin Holdings by 16% in Q1 2025 Publicly traded companies increased their Bitcoin holdings by 16.1% in the first quarter of 2025, signaling continued institutional interest in the leading cryptocurrency despite market volatility. According to crypto asset manager Bitwise, total corporate Bitcoin holdings climbed to approximately 688,000 BTC by the end of Q1, with companies adding 95,431 BTC over the three-month period. Bitwise reported the combined value of these holdings reached $56.7 billion, based on a Q1 closing price of $82,445 per Bitcoin—representing a 2.2% increase in value. The number of public companies with Bitcoin on their balance sheets also rose, from 67 to 79, with 12 firms making their first Bitcoin purchases during the quarter. The post Arizona’s Crypto Reserve Bill Nears Final Approval After House Passage appeared first on Cryptonews .
There is a notable divergence in Bitcoin investor behavior between the US and Korean markets. Amid heightened global uncertainty, which is fueled by escalating US-China trade tensions, Bitcoin has experienced a sharp correction, though recent signs point to stabilization. Interestingly, the Coinbase Premium, a metric that reflects the price difference of Bitcoin on Coinbase versus global exchanges, is showing signs of recovery. After tightening through a series of lower highs and higher lows since March 2024, the premium has recently begun to trend upward, which suggests a renewed buying interest from US-based institutional and retail investors. This activity coincides with Bitcoin’s modest rebound and signals that Coinbase traders may be positioning ahead of broader market shifts. On the other hand, the Korea Premium Index paints a more cautious picture. The metric, which typically signals increased activity among South Korean retail investors, has remained in a downtrend throughout the correction and only saw a delayed uptick after Bitcoin had already rallied. This lag indicates waning enthusiasm from Korean investors compared to previous cycles, where they were often early and aggressive participants. The contrasting behavior highlighted a shift in market influence, with Western platforms like Coinbase now leading price discovery. As such, CryptoQuant stated that while the Korea Premium may serve as a lagging indicator in this cycle, the Coinbase Premium could offer forward-looking insights into demand trends. Despite ongoing macroeconomic headwinds, the strengthening Coinbase Premium hints at growing confidence and a potential medium- to long-term recovery in Bitcoin’s trajectory. The post US vs. Korea: The Surprising Split in Bitcoin (BTC) Trader Behavior appeared first on CryptoPotato .
European Commission President Ursula von der Leyen warns that global tensions, tariffs, and wars are reshaping the world order, with the West no longer holding its former influence. She highlights the U.S.-China power struggle and Putin’s ambitions as key disruptors, calling for the EU to take an active role in shaping the new global landscape.