Get ready for a jaw-dropping possibility in the world of crypto! We’re talking about a Bitcoin price prediction that could reshape your view of digital assets. Adam Back, the well-known CEO of blockchain technology firm Blockstream, has put forth a truly ambitious outlook for the king of cryptocurrencies. Why $10 Million for Bitcoin? Breaking Down Adam Back’s Vision According to reports from The Crypto Basic, Adam Back suggests that Bitcoin (BTC) could eventually command a staggering $200 trillion market capitalization. If you do the math based on the projected supply, this massive valuation could potentially push the value of each individual BTC price target to an astonishing $10 million. This isn’t just a random guess; Back’s prediction is rooted in a long-term perspective on Bitcoin’s fundamental strengths and its evolving role in the global financial landscape. He points to several key drivers: Consistent Outperformance: Back highlights Bitcoin’s historical tendency to outperform traditional assets, particularly in its ability to act as a hedge against inflation and counter the effects of rising interest rates over its typical four-year cycles. This track record builds confidence in its long-term value proposition. Growing Institutional and Corporate Adoption: Firms are increasingly recognizing Bitcoin as a strategic reserve asset. Back specifically mentioned companies like Strategy (formerly MicroStrategy), which has become a prominent example of a public company integrating BTC into its treasury strategy. This trend signifies a shift in how major players view and utilize digital assets. Evolution Beyond Early Predictions: It’s worth noting that Back’s $10 million target is a significant upgrade from his earlier, still ambitious, prediction of $1 million per BTC. He anticipates the $1 million mark could be reached within the current market cycle, suggesting an accelerating pace of adoption and value appreciation. This vision paints a picture of Bitcoin moving from a niche investment to a foundational global asset, potentially rivaling or even surpassing the market caps of traditional safe havens like gold. How Are Corporate Bitcoin Holdings Changing the Landscape? Adam Back’s prediction about corporate adoption is strongly supported by recent data. André Dragosch, Head of European Research at Bitwise, shared insights revealing a significant surge in corporate Bitcoin holdings . This isn’t just a slow trickle; the increase has been substantial. Let’s look at the numbers provided: At the end of Q1 2025, corporate entities held approximately 665,618 BTC. Within less than a month following that, this figure jumped significantly to 746,302 BTC. This represents an increase of nearly 100,000 BTC in a very short period. This rapid accumulation by companies underscores the growing conviction among treasurers and executives that Bitcoin is a valuable asset for diversification, potential growth, and protecting against currency devaluation. Companies like MicroStrategy Bitcoin strategy have paved the way, demonstrating that holding significant amounts of BTC can be a viable and even beneficial corporate strategy. What Drives This Corporate Interest in BTC? The reasons behind the surge in corporate Bitcoin holdings are multifaceted: Inflation Hedge: In an era of quantitative easing and rising national debts, companies are seeking assets that can maintain or increase their purchasing power over time. Bitcoin’s fixed supply makes it an attractive candidate. Store of Value: Similar to gold, Bitcoin is increasingly seen as a digital store of value, providing a secure place to park corporate capital outside of traditional fiat currencies. Diversification: Adding Bitcoin to a corporate treasury provides diversification away from traditional financial assets like cash, bonds, and stocks, potentially reducing overall portfolio risk. Potential Appreciation: Companies are also attracted by the potential for significant long-term price appreciation, viewing Bitcoin as a growth asset. Following the Leaders: The success and visibility of companies like MicroStrategy have encouraged others to explore and adopt similar strategies. This trend of increasing corporate adoption is a powerful signal. It indicates that institutions are moving beyond skepticism and are actively integrating Bitcoin into their long-term financial planning. This institutional demand is a critical factor that could contribute to the kind of massive market cap and price targets envisioned by Adam Back. Considering the $10 Million BTC Price Target: What Does It Mean? A BTC price target of $10 million per coin is undeniably ambitious. It implies a level of global adoption and integration that would make Bitcoin a mainstream financial asset, potentially used for international settlements, corporate reserves, and even as a widely accepted medium of exchange in certain contexts. Achieving a $200 trillion market cap would place Bitcoin in a category currently occupied only by estimates of the total global wealth or specific asset classes like real estate or traditional financial derivatives. It would require significant shifts in regulatory environments, technological infrastructure, and public perception worldwide. While the path to $10 million is long and likely filled with volatility, the fact that respected figures like Adam Back Bitcoin are setting such high targets, backed by observed trends like growing corporate Bitcoin holdings , provides a compelling long-term narrative for investors and enthusiasts alike. Key Takeaways and What to Consider Here are some key points to remember from this discussion: Adam Back’s $10 million Bitcoin price prediction is based on a long-term view of BTC reaching a $200 trillion market cap. His rationale includes Bitcoin’s historical performance, its role as an inflation hedge, and increasing corporate adoption. Data confirms a significant recent increase in corporate Bitcoin holdings , highlighting growing institutional interest. Companies are buying BTC for diversification, store of value, inflation hedging, and potential growth. The $1 million target is seen by Back as achievable in the current cycle, preceding the potential $10 million future. While such high price targets are exciting, it’s crucial to approach them with a balanced perspective. The cryptocurrency market is known for its volatility. Factors like regulatory changes, technological advancements, and macroeconomic shifts can all impact Bitcoin’s price trajectory. Investors should conduct their own thorough research and consider their risk tolerance before making investment decisions. Conclusion: A Glimpse into Bitcoin’s Potential Future Adam Back’s prediction of a $10 million Bitcoin price target serves as a powerful reminder of the immense potential that proponents see in this digital asset. Coupled with the concrete evidence of surging corporate Bitcoin holdings , the narrative for Bitcoin’s continued growth and adoption as a significant global asset gains further traction. While the journey may be unpredictable, the long-term vision shared by Back and supported by market trends suggests a future where Bitcoin plays a far more central role in the global financial system than it does today. To learn more about the latest Bitcoin price and crypto market trends, explore our articles on key developments shaping Bitcoin price action and institutional adoption.
The post Binance Coin Price Prediction 2025, 2026 – 2030: Will BNB Coin Hit $1000? appeared first on Coinpedia Fintech News Story Highlights Binance Coin Price Today is $ 602.42837923 . The BNB price prediction anticipates a potential high of $1,292 in 2025. Binance price may reach a maximum of $2,749 by 2030. BNB has been on the radar of investors and traders for its strong fundamentals. Talking about fundamentals, the BNB chain has expanded its $100 million incentive program after a disappointing pilot phase. The upgraded model now focuses on high-quality, secure projects, setting strict eligibility for trading and TVL-based assets. It is to note that a minimum of $100k investment will be made per project that qualifies, favoring BNB chain native tokens. Amid the changing landscape, the Binance Coin fundamentals remain solid, with our new all-time high target at around the $1000 level. However, the underlying uncertainties amid the global tensions raise questions like, “Is Binance safe or not?” or “Will Binance go higher in 2025?” To answer these questions and provide a clear view of the BNB price action, we present our Binance Coin (BNB) Price Prediction 2025, 2026 – 2030. Table of Contents BNB Price Today BNB Price Prediction for May 2025 BNB Price Prediction 2025 Binance Price Targets 2026 – 2030 Binance Coin Price Forecast 2026 BNB Coin Price Prediction 2027 Binance Crypto Price Projection 2028 BNB Crypto Price Prediction 2029 Binance Coin Price Prediction 2030 Binance Price Projection 2031, 2032, 2033, 2040, 2050 What Does The Market Say? CoinPedia’s Binance (BNB) Coin Price Prediction Is BNB a Profitable Investment? Final Thoughts FAQs BNB Price Today Cryptocurrency Binance Coin Token BNB Price $ 602.42837923 -0.88% Market cap $ 84,876,262,950.2248 Circulating Supply 140,890,213.47 Trading Volume $ 1,534,712,739.7951 All-time high $793.35 on 04th December 2024 All-time low $0.09611 on 01st August 2017 *The statistics are from press time. BNB Price Prediction for May 2025 Binance Coin is trading around $602, showing signs of consolidation after a moderate recovery. The RSI at 52 suggests neutral momentum, with neither buyers nor sellers dominating. The price is hovering near the 9-day SMA, hinting at potential sideways action or a breakout. A bullish momentum could materialize if $620 resistance is breached. However, if support at $580 fails, a downside toward $550 is possible. BNB Price Prediction 2025 With a highly anticipated altcoin season toward late 2025, the Binance token is projected to achieve its milestone price of $1,000. Moreover, with the growing list of services in the Binance ecosystem, its native crypto token $BNB is expected to prolong the prevailing uptrend. Investors can anticipate the BNB coin price reaching a new All-Time High of $1,292. On the flip side, the Binance crypto may experience a low of $761 during that year. Considering the buying and selling pressure, the 5th largest cryptocurrency could conclude the year 2025 with an average price of $926. Year Potential Low Potential Average Potential High 2025 $761 $926 $1,292 Curious if Bitcoin will hit $100K as the crypto bull run begins? Find out more about Coinpedia’s Bitcoin price prediction . Binance Price Targets 2026 – 2030 Year Potential Low ($) Potential Average ($) Potential High ($) 2026 1,111 1,316 1,521 2027 1,292 1,521 1,750 2028 1,463 1,772 2,081 2029 1,688 2,022 2,356 2030 1,893 2,321 2,749 Binance Coin Price Forecast 2026 By late 2026, BNB’s price could climb to a high of $1,521 . However, the price might dip to $1,111 , with an average value of $1,316 throughout the year. BNB Coin Price Prediction 2027 In 2027, BNB’s price is anticipated to hit a peak of $1,750 . On the downside, the price could fall to $1,292 , with an average of $1,521 . Binance Crypto Price Projection 2028 By the close of 2028, BNB’s price may reach a high of $2,081 . If market conditions worsen, it could drop to $1,463 , with an average price of $1,772 . BNB Crypto Price Prediction 2029 In 2029, BNB could continue its upward momentum, potentially reaching $2,356 . However, it may see a low of $1,688 , with an average price of $2,022 . Binance Coin Price Prediction 2030 As 2030 begins, BNB crypto could hit a new high of $2,749 . Conversely, it may bottom out at $1,893 , with an average price of $2,321 . Binance Price Projection 2031, 2032, 2033, 2040, 2050 Based on the historic market sentiments, and trend analysis of the altcoin, here are the possible BNB coin price targets for the longer time frames. .highcharts-legend { display:none; } document.addEventListener("DOMContentLoaded", function () { setTimeout(function() { Highcharts.chart('custom-chart-6810cbec2ad61', { chart: { type: 'areaspline' }, title: { text: 'Binance (BNB) Price Prediction', style: { color: '#171717', fontSize: '20px', fontWeight: '500', } }, xAxis: { categories: ["2031","2032","2033","2040","2050"], title: { text: 'Year', style: { color: '#171717', fontSize: '16px', fontWeight: '500', display: 'block', align: 'middle' // Ensure it's aligned properly }, margin: 15 } }, yAxis: { title: { text: 'Average Price ($)', style: { color: '#171717', fontSize: '16px', fontWeight: '500', } }, labels: { formatter: function () { return this.value === 0 ? "0" : formatNumber(this.value); } } }, responsive: { rules: [{ condition: { maxWidth: 767 // Set breakpoint at 767px }, chartOptions: { title: { style: { fontSize: '13px', fontWeight: '500', lineHeight: '22px' // Corrected 'lineHight' to 'lineHeight' } }, xAxis: { title: { style: { fontSize: '12px', fontWeight: '500' } } }, yAxis: { title: { style: { fontSize: '12px', fontWeight: '500' } } } } }] }, tooltip: { shared: true, formatter: function () { var year = this.x; // Default index if (this.series.chart.xAxis[0].categories) { year = this.series.chart.xAxis[0].categories[this.point.index]; // Map to category label } return ` ${year} ${this.points.map(point => ` \u25CF ${point.series.name}: ${formatNumber(point.y)} ` ).join(' ')}`; } }, credits: { enabled: false }, plotOptions: { areaspline: { color: '#0052CC', fillColor: { linearGradient: { x1: 0, y1: 0, x2: 0, y2: 1 }, stops: [ [0, '#0f549999'], [1, '#0052CC0D'] ] }, marker: { lineWidth: 1, lineColor: null, fillColor: 'white' } } }, series: [{ name: 'Market Value', data: [3067,4133,5876,51322,123500] // Dynamic values }] }); }, 1000); function formatNumber(value) { if (value === 0) { return "0"; } if (value >= 1000000000) { return (value / 1000000000).toFixed(2).replace(/\.00$/, '') + 'B'; } else if (value >= 1000000) { return (value / 1000000).toFixed(2).replace(/\.00$/, '') + 'M'; } else if (value >= 1000) { return (value / 1000).toFixed(2).replace(/\.00$/, '') + 'K'; } else if (value >= 1) { return value.toFixed(2); } else if (value >= 0.1) { return value.toFixed(4); } else if (value >= 0.01) { return value.toFixed(5); } else if (value >= 0.001) { // 0.001 to 0.00999 (6 decimal places) return value.toFixed(6); } else if (value >= 0.0001) { // 0.0001 to 0.000999 (6 decimal places) return value.toFixed(6); } else if (value >= 0.00001) { // 0.00001 to 0.0000999 (8 decimal places) return value.toFixed(8); } else if (value >= 0.000001) { // 0.000001 to 0.00000999 (9 decimal places) return value.toFixed(9); } else if (value >= 0.0000001) { // 0.0000001 to 0.000000999 (10 decimal places) return value.toFixed(10); } else if (value >= 0.00000001) { // 0.00000001 to 0.0000000999 (11 decimal places) return value.toFixed(11); } else if (value >= 0.000000001) { // 0.000000001 to 0.00000000999 (12 decimal places) return value.toFixed(12); } else if (value >= 0.0000000001) { // 0.0000000001 to 0.000000000999 (12 decimal places) return value.toFixed(12); } else { // Less than 0.0000000001 (13 decimal places) return value.toFixed(13); } } }); Year Potential Low ($) Potential Average ($) Potential High ($) 2031 2,267 3,067 3,868 2032 2,996 4,133 5,271 2033 4,123 5,876 7,629 2040 35,672 51,322 66,973 2050 79,639 123,500 167,361 What Does The Market Say? Firm Name 2025 2026 2030 Changelly $608.66 $1,219 $6,344 Coincodex $1,119.10 $592.92 $1,305.46 Binance $608.63 $639.06 $776.79 CoinPedia’s Binance (BNB) Coin Price Prediction Despite the growing troubles of workforce reduction, regulatory scrutiny, and frequent executive departures, the Binance ecosystem is expanding. With its research in product innovations and new token listings, Binance Exchange has the highest trading volume. As per CoinPedia’s Binance (BNB) coin price prediction, the price of $BNB crypto will increase to $ 1,292 in 2025. Year Potential Low Potential Average Potential High 2025 $761 $926 $1,292 Is BNB a Profitable Investment? Yes, BNB crypto is a profitable investment for the long term. Several initiatives, such as the auto-burn mechanism, contribute to reducing its supply and potentially increasing its value over time. Final Thoughts Based on our analysis of factors like market sentiment, Binance exchange growth, and BNB utility expansion, BNB is likely to reach ~$1,300 in 2025. CoinPedia has dedicated a team of expert analysts to cover the possible crypto price prediction and sum it all up in one place, just for you! FAQs What was the initial price of Binance Coin (BNB)? The initial price of Binance Coin (BNB) at the time of the ICO was $0.15. What is the all-time low (ATL) price of Binance Coin (BNB)? The all-time low price of Binance Coin was $0.09611 on August 01, 2017. What could be the maximum trading price of Binance Coin by the end of 2025? As per our BNB price prediction, the maximum trading price of $BNB could potentially reach $1,292 in 2025. How high could the BNB price reach by the end of 2030? The price of the digital asset could reach a potential high of $2,749 by 2030. What is the all-time high (ATH) price of Binance Coin (BNB)? The all-time high price of Binance Coin was $793.35 on December 04, 2024. Is BNB a profitable investment? Yes, BNB is a profitable investment for the long term. With initiatives such as auto-burn, numerous projects, and growing prominence, we could find it bearing fruit. How much would the price of Binance be in 2040? As per our latest BNB price analysis, Binance could reach a maximum price of $66,973. How much will the BNB price be in 2050? By 2050, a single Binance price could go as high as $167,361.
The FTX Estate has initiated legal action against NFT Stars Limited and Kurosemi Inc., accusing them of failing to deliver contractually owed tokens. FTX Still Open to Engagement The entity overseeing the estate of the collapsed cryptocurrency exchange FTX announced on April 28 that it is commencing legal action against token issuers NFT Stars Limited
Virtuals Protocol ($VIRTUAL), an emerging autonomous AI agent platform, has made a striking comeback, exploding 152% over the past week. The token hit a three-month high of $1.51 on April 29 and currently trades around $1.45, representing a 334% gain since rebounding from $0.4384 on April 9. Virtuals Protocol Price Chart/ Source: CoinGecko Trading volume has jumped 62.05% in the past 24 hours, reaching $550.5 million, while its market capitalization briefly hit $960 million before settling at approximately $944.7 million at press time. This rally offers renewed optimism for the AI agent segment of the crypto space, which exploded in popularity during the fourth quarter (Q4) of 2024. Virtuals Protocol: From Top AI Agent Leader to Temporary Decline According to CoinGecko’s 2024 report, the AI agent sector grew by 322% in Q4, with Virtuals Protocol playing a significant role. The platform was crowned the top gainer of 2024, with a +19,187.79% YTD increase. What are the top #crypto gainers of 2024? Our latest study reveals that #VIRTUAL ( @virtuals_io ) is the top gainer in 2024 with a 23,079% return, followed by $BRETT ( @BasedBrett ) at 14,785% and $POPCAT ( @POPCATSOLANA ) at 10,459%. Read the full study: https://t.co/4V0OUXteBd pic.twitter.com/yV2LsAhgaF — CoinGecko (@coingecko) December 27, 2024 Listed among the top AI agent tokens on CoinMarketCap, $VIRTUAL holds the highest market capitalization in its category. This places it well ahead of peers such as AI16Z, another AI agent that gained significant traction in 2024 and is nearly eight times larger than AIXBT, a well-known AI agent developed using the Virtuals Protocol. Despite capturing significant market attention, $VIRTUAL faced a steep decline in both revenue and price in the latter part of Q1, losing over 75% of its value. Additionally, a security incident in January exposed its Discord server to phishing attacks shortly after a vulnerability in its Uniswap V2 contract was patched. Here’s Why Experts Believe $VIRTUAL Could Climb Another 107%—and Possibly Reach $3. 1. Binance.US Listing Opens Doors to U.S. Investors On April 28, Binance.US announced it had opened deposits for the $VIRTUAL token, with trading against USDT set to begin on April 29 at 7 a.m. EDT. Deposits for $VIRTUAL are now open on https://t.co/AZwoBOgsqS ! Trading on the VIRTUAL/USDT pair will begin on April 29 at 7 a.m. EDT. @virtuals_io is an ecosystem that allows users to create, launch, and monetize autonomous AI agents. Learn more: https://t.co/s7aILneQ7C pic.twitter.com/IgmjhxlxBZ — Binance.US (@BinanceUS) April 28, 2025 As the U.S arm of the world’s largest crypto exchange, Binance.US could flood the token with new investors. This listing may push $VIRTUAL past $2, a key psychological barrier. 2. BasisOS Integration and Genesis Launch Virtuals Protocol was recently integrated into BasisOS, an autonomous DeFAI platform focused on real yield. This move brings liquidity and user attention from platforms like Stargate Finance and Hyperliquid DEX. Autonomous basis trading on @HyperliquidX , targeting real yield for long-tail assets. Welcome @BasisOS , now live on Virtuals Protocol. https://t.co/hbV77So7TZ pic.twitter.com/X5VUJfLVpd — Virtuals Protocol (@virtuals_io) April 25, 2025 The rollout includes the Genesis Launch mechanism , designed to distribute tokens and onboard users, developers, and AI agents. This program allows users to pledge points for potential allocations from 37.5% of the total supply for airdrops and incentives. As a result, more $VIRTUAL tokens are being staked, fueling additional demand. 3. Bullish Technical Breakout Hints at $3+ Target The 4-hour chart of Virtuals Protocol ($VIRTUAL/$USDT) shows a clear trend reversal and breakout structure after a prolonged downtrend. Following the breakout, $VIRTUAL rallied toward a local high near $1.60 before retracing slightly to the $1.45 area. T echnical Breakout on $VIRTUAL chart hints at $3 upside potential/ Source: TradingView This pullback appears healthy, and the previously contested zone around $1.20 to $1.30 will likely serve as a new support region. Should the price consolidate above this level, it could provide a foundation for another upward move toward the immediate resistance at $1.60, the recent swing high. A break above this level could open the path toward the $2.00 -3.00 zone, offering the next possible bullish targets. However, if this momentum fails confirmation, support zones to monitor include $1.20 as the nearest structural support, followed by $0.92, which marked the last consolidation before the breakout. The post $VIRTUAL Token Jumps 150%: Three Bullish Signals Pointing to $3 appeared first on Cryptonews .
Multi-chain decentralized exchange (DEX) aggregator 1inch has officially launched on the Solana blockchain, bringing its Fusion protocol, MEV-protected swaps, and six developer APIs to one of crypto’s fastest-growing ecosystems. The integration marks a strategic move by Solana to capture the growing DeFi activity, which has seen it surpass other blockchains in DEX trading volume, transaction counts, and active addresses by the first quarter of 2025, according to data from Dune Analytics and DefiLlama. As part of the rollout, 1inch is bringing on-chain swaps for over 1 million Solana-based tokens powered by its open-source smart contracts and intent-based commerce architecture. The Fusion protocol allows users to set trading parameters, while professional market makers or resolvers compete to execute trades using a Dutch auction model. This approach, where prices start high and gradually decline until a bid is accepted, aims to optimize pricing, reduce slippage and maximize liquidity. “Our integration with Solana brings us closer to unifying different chains,” 1inch co-founder Sergej Kunz said in a statement. Beyond this launch, 1inch plans to offer cross-chain swaps between Solana and 10 other supported blockchains in the coming months. This effort is designed to bridge liquidity between networks and increase the accessibility of DeFi protocols. Founded in May 2019, 1inch has steadily expanded across the crypto landscape, previously launching on Ethereum’s Optimism scaling solution in 2021 and Coinbase’s Base chain in August 2023. Among DEX aggregators, it currently ranks second after Jupiter, a native Solana protocol. The expansion comes at a time when Solana is gaining renewed dominance in the DeFi space, with major integrations and partnerships signaling broader institutional interest in the network. *This is not investment advice. Continue Reading: Decentralized Exchange (DEX) Aggregator Project Announces Launch in Solana Ecosystem! Here Are the Details
Hey crypto enthusiasts! Get ready for some exciting news from the world of decentralized finance. A major player has just expanded its reach, bringing enhanced trading capabilities to one of the fastest blockchain networks around. We’re talking about 1inch Solana – the official launch of the renowned DEX aggregator on the high-speed Solana network. This isn’t just another integration; it’s set to significantly impact the Solana DeFi ecosystem, offering users and developers powerful new tools for performing crypto swaps and accessing advanced features. What Does the 1inch Solana Integration Mean? For those unfamiliar, 1inch is a leading DEX aggregator . Think of it like a search engine for decentralized exchanges. Instead of checking prices on multiple DEXs individually, 1inch scans various platforms to find you the best possible trading route and price for your desired crypto swaps . This saves you time, effort, and potentially a good amount of crypto by minimizing slippage and optimizing routes across liquidity pools. The decision for 1inch to launch on Solana is a big deal. Solana is known for its incredibly fast transaction speeds and low fees, characteristics that align well with the goals of a DEX aggregator aiming for efficient and cost-effective trading. By bringing its technology to Solana, 1inch is tapping into a vibrant and growing DeFi community looking for optimized trading solutions. Unpacking the Key Features: Fusion, APIs, and MEV Protection The integration isn’t just about enabling basic swaps. 1inch is bringing its A-game to the Solana DeFi landscape. Here are some of the core components making their debut: 1inch Fusion Protocol: This is a significant addition. Fusion is 1inch’s intent-based trading system that allows users to place orders without paying gas fees upfront and protects them from certain types of attacks. It uses resolvers who compete to fill orders at the best price, adding a layer of sophistication to the swapping process. On-Chain Swaps: Core to the 1inch experience, enabling direct token exchanges on the Solana blockchain, aggregated from various liquidity sources within the network. Six Developer APIs: This is crucial for ecosystem growth. By releasing six developer APIs, 1inch is opening its infrastructure to builders on Solana. This allows other protocols and applications to integrate 1inch’s aggregation capabilities, historical data, and other tools directly into their own platforms, fostering innovation within Solana DeFi . MEV-Protected Swaps: This is a major highlight mentioned in the initial report. Maximal Extractable Value (MEV) can be a challenge in blockchain trading, where validators or miners can potentially profit by reordering, censoring, or inserting transactions. 1inch’s architecture, particularly with the Fusion protocol, is designed to offer protection against certain MEV strategies, providing a fairer trading environment for users performing crypto swaps on Solana. This protection is extended to a vast number of tokens – north of 1 million Solana-based tokens are expected to be supported. Why is MEV Protection Important for Crypto Swaps? Let’s quickly touch on why MEV protection is a big win. Imagine you place a large trade. Without protection, malicious actors or even network participants could see your pending transaction and front-run it (execute their trade before yours to profit from the price movement caused by your trade) or sandwich it (front-run and then back-run your trade). This can lead to worse execution prices for you. By implementing MEV protection mechanisms, 1inch aims to shield users from these predatory practices, ensuring that the price you see when you initiate a trade is closer to the price you actually receive upon execution. This builds confidence and provides a more reliable trading experience, especially for users active in the dynamic world of Solana DeFi . Benefits for Traders on Solana So, what does this mean for you if you’re trading on Solana? The launch of 1inch Solana brings several tangible benefits: Better Prices: Access to aggregated liquidity means 1inch can find the optimal path for your swap across multiple DEXs on Solana, potentially giving you a better execution price than trading on a single exchange. Enhanced Efficiency: Streamlined trading processes through the aggregator saves time and reduces the complexity of finding the best trade. MEV Mitigation: As discussed, the built-in MEV protection helps safeguard your trades from front-running and sandwich attacks. Gasless Swaps (via Fusion): The Fusion protocol enables placing orders without upfront gas fees, which can be particularly convenient for certain trading strategies. Access to More Tokens: Support for over 1 million Solana tokens means you can use 1inch for a vast array of assets within the ecosystem. Impact on the Solana DeFi Ecosystem The arrival of a major DEX aggregator like 1inch is a positive signal for the health and maturity of Solana DeFi . It brings increased competition, which can drive innovation among existing Solana-native DEXs. It also provides a sophisticated tool that can attract more users and trading volume to the network. The availability of developer APIs is also key, as it lowers the barrier for other projects to build on top of robust aggregation infrastructure, potentially leading to new and interesting DeFi applications on Solana. Actionable Insights: How to Use 1inch on Solana If you’re keen to try out 1inch Solana , here’s what you generally need to do: Visit the 1inch dApp interface. Connect a Solana-compatible wallet (like Phantom, Solflare, etc.). Select the Solana network within the 1inch interface. Choose the tokens you wish to swap. 1inch will find the best route for your crypto swaps . Review the details, including the price and potential savings, and confirm the transaction via your wallet. Remember to always ensure you are on the official 1inch website or a trusted platform integrating their APIs. Exploring the Fusion protocol features might involve slightly different steps, so consult the official 1inch documentation for advanced usage. Conclusion: A Powerful Addition to Solana DeFi The official launch of the DEX aggregator 1inch on the Solana network is a significant development for the Solana DeFi space. By bringing its sophisticated aggregation technology, the innovative Fusion protocol, valuable developer APIs, and crucial MEV protection for millions of tokens, 1inch is set to enhance the trading experience, boost efficiency, and foster further growth within the Solana ecosystem. For anyone involved in crypto swaps on Solana, this integration offers compelling advantages, making it easier and potentially more profitable to trade. It’s a clear win for users and developers alike, solidifying Solana’s position as a major player in the decentralized finance world. To learn more about the latest crypto market trends, explore our article on key developments shaping the DeFi landscape and institutional adoption.
Bankrupt cryptocurrency exchange FTX and its recovery trust have filed two lawsuits against blockchain firms, NFT Stars, an NFT marketplace, and Kurosemi, the parent company of Delysium, an AI agent blockchain platform, in an attempt to recover assets that reportedly belong to it. FTX was once a leading global exchange, and its collapse in November 2022 shook the crypto world. It filed the legal actions in the U.S. Bankruptcy Court for the District of Delaware, where it claims that the assets it’s fighting for belong to it as a result of the Simple Agreements for Future Tokens (SAFTs) it reached with both companies. SAFTs are the crypto version of Simple Agreements for Future Equity (SAFE). A war between creditors and debtors In its lawsuits, FTX accuses NFT Stars and Kurosemi (Delysium) of breaching agreements to return certain digital tokens. The plaintiff claims both companies failed to uphold terms written into investment contracts during the now-defunct exchange’s pre-bankruptcy operations. The lawsuit alleges that the company retained the tokens without justification and that attempts to resolve the matter without litigation were unsuccessful. NFT Stars, a marketplace focused on digital art and collectibles, allegedly received assets under agreements with FTX but never returned them after the exchange entered bankruptcy. It claims it gave NFT Stars $325,000 in November 2021 in exchange for 1.35 million SENATE tokens and 135 million SIDUS tokens. NFT Stars reportedly remitted some of the tokens pre-bankruptcy but put a hold on the other transfers after FTX declared bankruptcy. Kurosemi is also accused of benefiting from agreements with the Alameda Ventures affiliate while failing to return digital assets after being requested to do so post-bankruptcy. Kurosemi reportedly received $1 million in January 2022 and agreed to provide FTX with 75 million $AGI tokens. The tokens were launched in April 2023, months after FTX filed for bankruptcy, and Kurosemi has since failed to remit any tokens to the exchange. FTX estate said, “We urge token and coin issuers to return assets that rightfully belong to FTX, and are willing to initiate litigation barring adequate engagement.” A potential restitution for FTX creditors Since its bankruptcy, FTX has filed multiple similar lawsuits to recover assets that could contribute to its pool of funds for creditor reimbursement. The strategy is driven by the need to restore as much value as possible to thousands of retail and institutional investors left in limbo following the platform’s collapse. FTX has indicated in the past that it will be returning a substantial portion of customer and creditor funds. However, the exact figures remain unclear due to ongoing legal claims and the complex nature of crypto asset valuation. The estate added, “Our team continues to work tirelessly to maximize recoveries for the FTX Estate and return funds to creditors, including by filing two complaints against issuers who have repeatedly ignored our attempts to engage.” The cases against NFT Stars and Kurosemi are expected to proceed in the coming months. The outcome of the litigation is uncertain, but the FTX estate lawsuits are the newest chapters of one of the most complex corporate bankruptcies in the crypto space. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
SpoonOS, the agentic operating system for onchain AI, has onboarded its first official partner since launching its decentralized OS. FLock.io specializes in AI model training, and it will be making full use of SpoonOS’s tech stack to facilitate this. Intent on making AI model training open and accessible to anyone, FLock.io aims to support teams creating advanced AI models. In SpoonOS , it believes it’s found the perfect framework on which to host this activity. SpoonOS’s agentic operating system, powered by Neo’s public blockchain, is optimized for AI agents. FLock.io will now become the first partner to put its capabilities to the test. AI Developers Flock to SpoonOS “Not your models, not your AI” is FLock.io’s slogan, and it’s a good one at that which encapsulates what the startup offers its clients. At present, AI models remain largely in the hands of well-funded and monopolistic corporations, who keep the secret sauce to themselves, leaving it to other aspiring developers to beg for scraps. FLock.io wants to upend that by creating a system in which developers and researchers are incentivized to collaborate to create powerful AI models that will allow innovation to thrive. It stands to reason that the more projects that can participate in AI model training and creation, the smarter artificial intelligence will get, accelerating AI breakthroughs and perhaps even bringing us closer to the hallowed goal of AGI. FLock.io Leans on SpoonOS for Training Infra FLock.io is leaning in to SpoonOS, where FLock-trained models will soon be deployed, giving developers access to FLock.io’s training infrastructure, which they can leverage to create AI agents. Ultimately, SpoonOS is intent on creating a sentient ecosystem of AI agents, which it believes represent the future of both artificial intelligence and onchain activity. With FLock.io onboard, it’s now a step closer to making this dream a reality. Competition is fierce right now between different blockchain projects to become the seat of the AI agent economy, but SpoonOS is confident its solution, which combines scalability and privacy, has what it takes to succeed. It’s also big on interoperability, which will be essential if AI agents are to transcend the boundaries of any single blockchain or ecosystem and operate seamlessly across the entire omnichain landscape. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
21Shares Submits Dogecoin ETF Application to NASDAQ
Sustainable energy use in mining jumped from 37.6% to 52.4%. Coal declined significantly while natural gas and renewables grew. Continue Reading: Bitcoin Mining Shifts to Renewable Energy, Adapting to Market Trends The post Bitcoin Mining Shifts to Renewable Energy, Adapting to Market Trends appeared first on COINTURK NEWS .