The Stellar network, long recognized for its emphasis on speedy and low-cost payments, is subtly making its way into an exciting decentralized finance (DeFi) ecosystem. Through a set of imaginative applications, the Stellar blockchain is witnessing an upsurge in on-chain activity that, to many observers, seems to signal a fresh wave of adoption by developers and users who are actually diversified in use cases. This also seems to signal an emerging ecosystem of sorts. Although Ethereum and other big chains get most of the publicity, Stellar’s DeFi protocols are asserting themselves in more low-key fashion. They don’t get much in the way of good publicity. Yet, when you take a look at them, and you pull up their statistics, you can see that they’re getting some pretty decent traction. Respectable January volumes have made their way into February. Liquidity Grows Across Aquarius and Soroswap Stellar’s two most active platforms that focus on liquidity — Aquarius and Soroswap — are showing that a solid DeFi infrastructure is building on-chain. Aquarius, which aims to increase the decentralized exchange (DEX) liquidity on Stellar, has seen the total volume of swaps reach the $50 million milestone. With the volume of swaps remaining alive and active on a weekly basis, questions are being asked about whether this liquidity is truly deep and sustainable or just temporary flotsam and jetsam. That said, we will give Aquarius the credit it is due for being quite obviously the local automated market maker (AMM) in the Oasis ecosystem when looking across the total landscape. Soroswap, meanwhile, is operating as a full-scale liquidity engine. It has recorded more than $21 million in total swap volume, and the protocol is picking up speed. Weekly pool-specific volume reveals a broadening distribution of liquidity, supporting a much wider range of token pairs. Besides, it has not been in the news, and that’s fine. Soroswap’s is a growth story, and what’s important here is that it’s a quiet one. 𝗧𝗵𝗲 𝗦𝘁𝗲𝗹𝗹𝗮𝗿 𝗘𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺: 𝗔 𝗦𝗻𝗮𝗽𝘀𝗵𝗼𝘁 𝗶𝗻 𝗗𝗮𝘁𝗮 @StellarOrg , the payments powerhouse, is expanding! Here’s what’s cooking across its DeFi landscape and the data trails its leaving. pic.twitter.com/f2C4hofeTD — Nansen (@nansen_ai) May 30, 2025 Aquarius and Soroswap together help build the liquidity needed to support more complex DeFi use cases on Stellar. Their growth points to an emerging DEX economy that’s maturing with time. Blend and Phoenix Show User Engagement on the Rise Decentralized finance is not simply a matter of where to find liquidity; it concerns users, their wallets, and the interaction they will sustain over time in a given platform or app. Two platforms that show strong signals on this front are Blend and Phoenix. Blend infuses experimental energy into the DeFi universe wowed by Stellar. Similar to a mad scientist in a lab, with a dash of DeFi’s unconventional nature, everything blends, or rather mixes, together. The ingredients are on-chain indicators that matter to users. The big one is wallets. Wallet activity is up, and the addressable surge is likely to help DeFi users address major deficiencies in the current address system. The next ingredient in the address surge is NFTs. Top wallet net flows further illuminate these communities. They demonstrate everything from the amount of liquidity being supplied to the platform to the quantity being yanked out. And in between those two extremes, they’re a pretty good indicator of whether the platform’s user base is made up of true believers who’ve been, like the Blend team, in for the long haul, or short-termers who could be punking out at any moment. At the other end of the spectrum, Phoenix is on the fast track to heating up. Known for its rapid-fire swaps and fiery pool combos, Phoenix is stacking up almost $900K in 30-day volume. Its weekly swap activity also shows signs of a breakout moment, with pairs like USDC-PHO and XLM-USDC leading the charge. Phoenix’s dynamic market share growth among pools signals a rising competitive landscape and shifting user preferences. Both platforms tell a critical story for Stellar: DeFi on this network isn’t just a sit-back-and-watch affair. It’s interactive and even more engaging than before, with users finding new ways to earn, swap, and engage. It’s the future, and it’s happening now. FXDao Brings Debt Markets to Stellar One of the most intriguing developments in Stellar’s DeFi ecosystem is FXDao. This stable debt protocol isn’t just a copy of MakerDAO or any other pre-existing decentralized autonomous organization (DAO) for that matter. FXDao has a structure that is both similar to the aforementioned systems and also very different from them in a few key respects. It is a system auditing itself in real-time with the assistance of a few Stellar specialists. FXDao is creating a small but expanding market for overcollateralized loans, with total debt issued exceeding $4.3 million. Users have the option to deposit digital assets and mint stable debt tokens in return. These include USDx, EURx, and GBPx — tokens that collectively offer multi-currency exposure in a decentralized format. The collateral mix indicates that the protocol is attempting to serve a variety of user needs, with backing that comes from both stable and volatile assets. Although the number of active vaults is growing, it is doing so at a rather slow pace. This suggests that Stellar DeFi is still in a niche, but also indicates that there is potential for significant expansion if the conditions in the broader ecosystem improve. FXDao is distinguished by its stability and balance. What we see in FXDao is an experimental approach to DeFi, but one that is firmly grounded in the sorts of practices and patterns that make DeFi work—and not crash, as some in the space do. A Network Poised for Broader DeFi Adoption Altogether, these data points paint a decisive picture: Stellar’s DeFi ecosystem is no longer just a concept in development. It is an increasingly concrete thing, comprised of a mix of liquidity protocols, user-focused platforms, and a nascent debt market, serving up the very infrastructure of a self-sustaining DeFi economy. Even if the overall numbers come up a little short compared to what some of the larger networks are doing, in terms of actual, real-life adoption, Stellar is showing up in some intriguing ways. That’s evident in the apparent Lighthouse navigation of DeFi the network is engaging in. Above all, it seems to me that we’re looking at a quiet DeFi breakout in the Stellar ecosystem. 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 !
Recent comments from Bitcoin maximalist Max Keiser have raised concerns about the viability of new Bitcoin treasury companies during prolonged market downturns. Keiser emphasizes the importance of financial discipline, citing
The investing in early-stage crypto is, by and large, a realm defined by not just high risk but, now and again, high reward, too. No more has this been true than on the fresh frontier of Virtuals Genesis, a speculative new zone for on-chain launches. As some virtual projects seek to establish themselves, a handful of contenders has vaulted to the front of the pack, reaping outsized returns on early investments and catching the eye of discerning critics. The front-runners are two tokens: $VIRGEN from the Virgen ecosystem and $SOLACE from Solace Launch. Counting these two as the leading tokens, at their peak, they have rewarded their presale participants with incredible returns, with $VIRGEN delivering a 132x return on investment (ROI) and $SOLACE not far behind at 130x. Top Virtuals Genesis performers as per their ATH ROI's Which one did you participate? $Virgen @virgen_official is the top performer with a 132x return (at peak price) for presale participants, closely followed by $Solace @solacelaunch at 130x Data provided by @WhaleintelAI … pic.twitter.com/MrrECSd6Nd — 100xDarren (@100xDarren) May 31, 2025 Virgen ($VIRGEN): The Best Performer of the Bunch Leading the ROI leaderboard is $VIRGEN, with an impressive peak return of 132x for early investors. In fact, it’s the most successful token launch to date under the Virtuals Genesis framework — a shining example of not just market enthusiasm, but project execution as well. Virgen’s place in the broader ecosystem seems to be hitting all the right notes. It’s a blend of utility, tokenomics, and community that is, at least for now, taking $VIRGEN places. However, it is not just the record-breaking price of $VIRGEN that makes it stand out; it’s also the fact that large stakeholders are consistently and confidently accumulating it. And the on-chain data from last month says it all. In a very clear and unmistakable signal of confidence, the top 100 wallets, holding the largest amounts of $VIRGEN, increased their holdings by a staggering over 254 million tokens in just eight days. That is not a typo. They went from holding a collective approximately 388.45 million tokens on May 22 to now holding a collective approximately 642.86 million tokens as of May 30. $VIRGEN holders are stacking. Over the past 30 days, the top 100 addresses increased their $VIRGEN holdings from approximately 388.45M on May 22 to 642.86M by May 30. That’s a +254M token increase, or +65% growth in holdings. Clear sign: large holders are accumulating. pic.twitter.com/Dk84ndRrzq — Nansen (@nansen_ai) May 30, 2025 This signals a 65% increase in the strength of support held by the largest holders, a group that includes many insiders and also well-capitalized market participants. It is both unusual and praiseworthy for these key holders not to take profits and instead to “double down”—to maintain or increase their positions in what is often a very early- and very superficial-selloff market. Their not taking profits and instead doubling down signals a long-term belief in this project and in the idea that its current path promises to pay off in a way that will make headlines. Solace ($SOLACE): Close Contender with 130x ROI Just behind $VIRGEN in the Virtuals Genesis rankings is $SOLACE, the native token of the Solace Launch platform. With a peak return of 130x for presale buyers, Solace has quickly become one of the most closely observed tokens within its niche. Its success reflects the growing demand for launchpad-driven projects that have well-structured tokenomics, transparent rollout plans, and governance models that put the community first. The allure of Solace is not solely in its stellar finances but in its far-reaching mission to help rebuild a broken system. It adopts a decentralized model, which directly addresses one of the crypto industry’s most pressing problems — access to the very tools and resources that make putting together a new project feasible and safe in today’s perilous climate. Solace is, in effect, acting as a launchpad, but in a way that saves its users from the many hazards en route to achieving lift-off. Although the same level of detail as in $VIRGEN has not been disclosed about specific whale activity concerning $SOLACE, the fact that it almost matched $VIRGEN’s ROI at peak strongly suggests that confidence in the market is quite high. In the coming weeks, it will be important to keep an eye on just how much early adopters are still participating in and engaging with the platform as it begins to scale its launch offerings. What These Returns Say About the Current Market What we see with the $VIRGEN and $SOLACE launches is something extraordinary. Even in today’s market, where many timely projects are having trouble finding post-launch traction, these two do—finding it in a major way. So if you didn’t catch these vibes in real-time, that’s the value of this piece: to put you on to the clear and present value of what are now $VIRGEN and $SOLACE. Furthermore, the accumulation of $VIRGEN by top holders indicates a change in behavior. In a landscape often characterized by short-term flipping and exit liquidity games, seeing major addresses accumulate rather than offload signals a level of strategic conviction not frequently observed in new token launches. This may suggest we are at a point where some sophisticated players are treating certain assets far beyond the speculative realm and as real long-term plays. As the Virtuals Genesis fringes continues to grow, the performance of early leaders like $VIRGEN and $SOLACE sets a high bar — not just in ROI, but in community trust, project delivery, and token holder behavior. Whether this trend continues will depend on market conditions, upcoming launches, and the ability of these projects to scale without losing their early momentum. At present, they have displayed what can occur when nascent crypto comprehends how to behave — and they have significantly elevated the standard every subsequent token must attempt to meet. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. 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Newer Bitcoin treasury companies have not yet been battle-tested in prolonged bear market conditions, the Bitcoin maximalist said.
A new decentralized AI frontier is forming that combines the gathering of physical data, a distributed machine learning infrastructure, and tokenized incentives to produce even smarter, real-world artificial intelligence. Leading this evolution is NATIX Network, a decentralized sensor platform that is changing how we gather, process, and deploy the kind of data that underpins autonomous driving. NATIX is moving from merely gathering sensor data to using it to train artificial intelligence models in earnest, and it has done this by establishing a dedicated subnet on Bittensor, a decentralized AI compute protocol. This move is nothing less than a leap in the architecture of AI, an evolution that emphasizes the use of real-world data over synthetic “training sets” and, in this case, “rewards” competitive performance with “real” economic value. Street-Level Video Becomes Training Fuel in Subnet 72 This development’s beating heart is Subnet 72, known as StreetVision. It is NATIX’s new home for crowdsourced video data. This data, when raw and freshly captured, comes from a global fleet of a quarter of a million drivers who have signed on to participate in NATIX’s venture. These drivers have mapped over 170 million kilometers. Their trajectory takes them through every conceivable real-world context—from journeys that are unremarkable to those encompassing something really unusual. These are the kinds of adventures that yield traffic signals, construction detours, and other road videos—such as the footage that an American driver made of the unfurling of a tornado while he was inside the funnel cloud. On Subnet 72, decentralized AI participants — often referred to as miners — compete to process the incoming video data, pinpointing aspects of the feed that it is essential to recognize if one is going to navigate the virtual world constructed from this real-world input. Each participant runs a particular model or set of models, usually within the family of AI algorithms known as deep learning, to derive the insights that Bittensor needs to make sense of the data it receives. 1/ Decentralized Physical AI meets AI mining. @natixnetwork ’s new Bittensor subnet transforms crowdsourced street-level video into deployable AI models for autonomous driving and mapmaking. Real-world sensors → decentralized training → smarter AI agents. pic.twitter.com/IXcvFxPzYw — Blockworks Research (@blockworksres) May 30, 2025 The continuous feedback loop is created through this process. Data collected from the real world immediately trains and fine-tunes AI models, which are then put back into NATIX’s edge devices. These include intelligent dashcams and the mobile sensors that drivers in the network use. The result is a system where the development of the AI doesn’t happen in some far-off lab but is intimately connected to real-world usage and is tested in the kinds of environments that serve its purpose. Decentralization, Incentives, and Real-Time Deployment What differentiates NATIX’s approach is its devotion to every layer of decentralization—from data acquisition to model training and deployment. Where centralized systems demand proprietary infrastructure and siloed datasets, NATIX and Bittensor rely on open participation and competition to propel innovation. Not only does this structure make AI development accessible for all, but it also democratizes the process when it comes to performance. With miners pitted against one another in a contest to see who can build the best model, the subnet is setting up an incredibly effective incentive to continuously iterate and optimize. The outcome? Better models, better data extraction, and better navigation tools—and then some. It is significant that this procedure does not merely end with the formation of the model. The outputs from the subnet are put to work immediately in real time on the edge device. This means that the AI isn’t just trained on the most recent data; it’s actual learning from it live and using it to continuously shape its own future performance. The implication of this is of massive magnitude: self-updating maps, self-driving cars that can shift with the changing environment, and urban analytics that are created as a kind of continuous performance from street-level devices. Tokenomics Reinforce Long-Term Alignment Driving this innovation is a meticulously designed incentive system. Emissions from the $TAO token power Subnet 72, which compensates AI miners for their work. But NATIX has gone a step further, committing to reinvest emissions back into the ecosystem via buybacks and token burns. This deflationary mechanism adds long-term value to the system and keeps platform growth and token health in alignment. At the same time, parallel liquidity pools for dynamic TAOs help maintain value and stimulate even more participation. These pools are set up to allow the AI miners and participants to have immediate access to liquidity. At the same time, they’re set up to allow long-term staking strategies and reinvestment strategies, which are designed to benefit the network as a whole. The mechanisms work in unison to create a closed economic loop. Data provides the fuel; AI provides the power; insights generate the value. And that value reinforces the system that made it possible. A Glimpse Into the Future of Decentralized AI The collaboration between NATIX and Bittensor shows a daring vision of what decentralized AI can be when it’s based on real-world data, near real-time feedback, and economic incentives. This isn’t just about training better, more intelligent models — it’s about constructing a system that can learn from the real world, get better with every passing moment, and make intelligent use of the contributions that its various denizens make to its workings. This model could completely change our conception of autonomous navigation, and even infrastructure planning, the sorts of things one might be tempted to call maps. NATIX is an AI living system — a loop, not in the lab, but with the streets of an urban world as its setup. Subnet 72 is developing toward something that could well be a new kind of AI: decentralized, deployable, and not driven by confined research-lab innovation but by the kinds of street-level realness that makes everything we talk about with respect to crypto and web3 a potential reality. Where does that leave your average AI researcher? Well, for just a moment, let’s leave the average researcher out of it. 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 !
FTX , the cryptocurrency exchange, has now started round two of sending back funds to its users. The exchange has returned to the convenience class creditors and is considering the next steps for those in the non-convenience class. That means if you traded on the exchange and didn’t send over a passport picture, you might still get some crypto back. To the extent that FTX can return some of these assets, that’s a positive development, said James Murphy, an associate professor at American University’s Washington College of Law. The firm has announced that qualifying customers should see their funds credited to their accounts within one to three business days from the time of the announcement. This is an initial step in what promises to be a rather long recovery for creditors following FTX’s sudden collapse. Understanding the Second Distribution: Who Benefits and What to Expect The second distribution from FTX bankrupt estate marks one of the biggest single-payout moments of the whole bankruptcy case. This time, 5 billion dollars is being handed over in a kind of 50-50 split between two main categories of creditors: the convenient class and the non-convenient class. Now, the convenient class, according to FTX and its lawyers, generally includes smaller account holders with balances below 1 million dollars, while the non-convenient class includes anyone with an account balance above that threshold. So, in the convenient class, we’ve got a bunch of smaller account holders, and in the non-convenient class, we’ve got larger account holders and what seems to be a lot of institutional clients. (1/3) FTX today announced that it has commenced the Second Distribution of more than $5 billion to holders of allowed claims in the Plan’s Convenience and Non-Convenience Classes that have completed the pre-distribution requirements. — FTX (@FTX_Official) May 30, 2025 For creditors to be included in this second distribution, they were required to finish some verification steps and submit the essential documentation that confirms their claims as valid. Payouts only went to accounts that had completed these steps and were therefore eligible for distributions. Meanwhile, FTX’s attorneys and restructuring team have been working intensively behind the scenes to verify as many claims as possible and ensure that the integrity of the process is above board. Cash should arrive in creditors’ accounts within a few days, so lots of folks are apparently seeing movement on their accounts. For most, movement means something along the lines of this tweet from BlackLine customer account recovery director Joe Kavanagh: “@BlackLine has processed and successfully accounted for the cash received from our unsecured creditors. Thank you for your hard work and transparency in this process!” Security Alert: FTX Warns Against Phishing Scams In conjunction with the announcement of the distribution, FTX also issued an essential security reminder. This reminder was aimed at protecting customers from the upsurge of phishing scams and fraudulent websites attempting to mimic official FTX communications. Since the exchange’s collapse, scam actors have exploited the customer uncertainty created by these events. They have done so by sending deceptive emails and creating fake portals that look like FTX’s official platforms. FTX advises users to exercise extreme caution when receiving any email or link purporting to be from the company. The announcement emphasized that all legitimate communications will originate from verified channels, and implored customers not to click on any links that look even somewhat suspicious or to furnish any amount of sensitive information on sites that are not quite as secure as Fort Knox. This warning comes as an especially critical reminder because customers are getting ready to receive large amounts of money back into their accounts. During times of high customer activity, scammers step up their game in trying to steal login info and personal details. Customers can stay a couple of steps ahead of these threats by being on the lookout and confirming that the communications they’re receiving are actually from the companies they do business with. What the Future Holds for FTX Creditors Although the second distribution is a momentous step, it is just one part of what is an all-too-regular appearance of this ongoing, larger process. The appearances may seem familiar, but the plot is not yet resolved. As FTX keeps going with its long, somewhat drawn-out bankruptcy saga, it and we too can expect some more asset-recovery appearances and creditor claim-finalization appearances, with some releases in between. Here is the latest appearance. For a lot of people, this second payment could almost be like a hug. It may be as close to an apology as we get from FTX. And in the absence of such an apology, companies going under historically haven’t been very good at saying sorry. My excuse-making earlier in this piece aside, this payment could almost position FTX as a better actor than the normal Chapter 11 players. Figuring out what happens next requires remembering that FTX is a global company. Meanwhile, clients must keep themselves updated via FTX’s official communication channels, make sure they complete any remaining tasks that concern them, and follow any and all security notifications that come from the exchange. FTX’s promise to be as upfront and engaging with its creditors as possible is, within my view, crucial to the rebuilding of trust that is necessary for any kind of meaningful resolution to occur. This latest distribution marks a crucial step forward in an unprecedented chapter of crypto history. For the thousands affected, it brings hope that the recovery process is tangible and progressing, even as many challenges remain to be addressed in the months to come. 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 Wallet Connect Token (WCT) has been one of the most discussed cryptocurrencies in the past month, exhibiting pronounced price volatility that has caught the attention of traders and investors far and wide. According to a May 20 article on the Binance blog, WCT’s price pumped from a meager $0.35 at the start of the month to a stunning (and suspicious, in retrospect) peak above $1.30 – an approximately 270 percent increase in just two weeks. According to Binance data, WCT surged from $0.35 to above $1.3 over the past month, but in the last two days, WCT has plummeted sharply, halving to around $0.65. In the past 24 hours, South Korea's largest exchange, Upbit, recorded a WCT/KRW trading volume of $558 million,… — Wu Blockchain (@WuBlockchain) May 31, 2025 However, WCT’s price promptly plummeted over the weekend, falling back down to around $0.65 by May 21 and thus appearing to have given back about half its earlier gains in what some might call a “get-rich-quick scheme” gone wrong. Even with the actual price movements, we see an ecosystem that is highly active and engaged around WCT. South Korea’s largest cryptocurrency exchange, Upbit, has emerged as a major venue for trading WCT. They account for a large part of the global WCT trading volume right now. And staking with Wallet Connect continues to see robust participation in my opinion; tens of thousands of stakers have locked up millions of tokens for long-term holds. Sharp Price Surge and Sudden Correction WCT’s price moved in surprising ways over the last month. Starting from near $0.35, the token surged ahead, seemingly unanchored by anything other than the rising interest in and adoption of the Wallet Connect protocol. By half-past the month, WCT crossed the $1.3 threshold, making it appear as if WCT might be a solid buy at some point last month. The positive progress of the Wallet Connect ecosystem helped partly to fuel this rally. It has, for one, extended its partnerships to a much greater degree than before. And it is now celebrating an upsurge in the use of its decentralized wallet connection technology. Traders sensibly concluded that the development was an opportunity to invade the exchanges en masse and push prices higher. The euphoria was, however, short-lived. Within just 48 hours, WCT witnessed a sharp turnaround. The token’s price sank to nearly 50%, before recovering to the mid-$0.60 levels. Mid-level market corrections of this nature are not uncommon in the crypto space. But the suddenness and size of this downturn have certainly captured the attention of more than just WCT investors. Market analysts are now casting shared speculative nets over a few probable causes, including: 1. Profit-taking by early investors. 2. Broad market conditions. 3. Concentrated trading on certain exchanges. WCT Upbit Leads with Massive Trading Volume The recent price action has a key element, which is the oversized role that Upbit, South Korea’s largest exchange, has been playing. Just in the last 24 hours, the trading volume clocked by Upbit for WCT/KRW was $558 million. That figure is not just a number; it makes Upbit that much more relevant a player in the WCT space, as this accounts for about 35% of the total global trading volume for WCT. This gives insight into something that had not been in focus, which is the role of South Korean traders in WCT. WCT trading is concentrated at Upbit, which means there is regional interest and liquidity in the token. South Korean crypto investors have been major players in many digital asset markets. For this reason, and because WCT has been trading at a premium on Upbit, we take the above as indications of investor confidence in the long-term performance of this token. Upbit’s trading volume is high. This means that if someone decides to buy a large amount of something and a few people working for the exchange also decide to buy, then by the time you could buy, the price has already gone up. And conversely, if a big sell order comes through, these kinds of price movements can influence the sentiment that others have about the whole market. Wallet Connect Staking Growth Reflects Strong Community Engagement Apart from trading, the staking platform of Wallet Connect portrays an enlightening picture depicting a devoted and burgeoning user base. At present, there exist 47,439 stakers who have collectively committed an excess of 120 million WCT tokens to the staking contract. This sizeable amount of staked tokens bodes well for the sorts of governance and security undertaken by the Wallet Connect network. 47,439 stakers. 120M+ WCT already staked. 119,839 WCT rewards distributed this week alone. Staking takes seconds, secures the network, and puts your WCT to work. Here's how pic.twitter.com/jmhKkh46XR — WalletConnect (@WalletConnect) May 30, 2025 Complementing this image of the platform’s active engagement with the community, it distributed rewards in the past week alone of nearly 120,000 WCT in staking rewards. This ongoing incentive for holders to stake their tokens, thus contributing to a reduced circulating supply, is yet another potential mechanism for price stability over time. Since we started discussing this, by the way, I’ve noticed price actions seemingly toning down as well. The increase in staking activity shows that, in spite of recent price swings, the Wallet Connect ecosystem is growing and allowing us to participate in a way that feels now, as it did in the past, much more intimate. For holders, staking is a way to gain when the protocol gains but also a way to bolster the protocol’s long-term resilience. Looking Ahead: Navigating Volatility and Opportunity The recent surge in price and the subsequent correction of WCT offer a clear view of the challenges and opportunities of moving too quickly in the crypto markets. Not every project is as firmly rooted in a community, and not every project offers as much exposure to future price action as WCT does. But for investors in projects like WCT, this is a lesson to be learned. People in the market will probably keep a close eye on how the token does in the next several weeks—especially since the broader market is changing. For holders who are in it for the long term and for fresh investors, figuring out the imbrication of trading activity, regional markets, and staking will be crucial to making any kind of assessment about WCT’s future. At the same time, the expanding network of Wallet Connect and the continuing staking rewards present a strong and compelling base that may enable the token to ride out its present volatility and possibly command further upward price action in the next several months. 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 !
Surprisingly, the talks about the American cryptocurrency exchange Coinbase acquiring USDC stablecoin issuer Circle are ongoing. Ryan Yi, a former member of Coinbase Ventures, the investment arm of the U.S.’s largest crypto exchange, Coinbase, thinks that the exchange could still acquire Circle. Coinbase USDC Shares Records Growth According to an X post, Yi suggested that Coinbase would capitalize on USDC’s growing importance by acquiring Circle. The publicly traded company has a share of USDC circulation, and over the years, this share has experienced tremendous growth. In Q1 2025 alone, Coinbase USDC shares increased to 23% of the total supply of the stablecoin, reflecting massive growth. It is, therefore, little wonder that the USD-pegged stablecoin ranks as the second-largest source of Coinbase revenue. On this basis, Yi says that the acquisition of Circle would help the crypto exchange fully capture the revenue around USDC. Coinbase and Ripple in Battle to Acquire Circle Unfortunately, Coinbase is not the only company bidding to take over Circle’s stablecoin system . While the crypto exchange is having informal talks with the USDC issuer, San Francisco-based Ripple offered Circle $5 billion. The firm later rejected this particular offer because it was small. At first, Ripple was unsure whether to try again or walk away from the bid. However, once Coinbase came into the picture, the competition became steep, and the blockchain payment firm more than doubled its offer to $11 billion in cash and XRP. Until now, the terms of Coinbase’s offer remain unknown. Cardano founder Charles Hoskinson recently stated that Ripple’s acquisition of Circle will benefit the broader crypto market. He noted that it could make the industry more open and fair. Circle Files For IPO, Plans to List Shares on NYSE Amidst these acquisition talks, Coinbase is focusing its attention on going public before this year ends. The company officially filed for an IPO just before the end of May , citing that it plans to list its shares on the New York Stock Exchange under the ticker symbol “CRCL.” The firm is targeting an IPO valuation of up to $5.65 billion. This fund will come from the company selling about 9.6 million new shares, while current shareholders will sell another 14.4 million. Circle is looking forward to getting support from some of the biggest names in finance, including Goldman Sachs, Citigroup, JPMorgan, and many others. The IPO filing suggests that neither Coinbase nor Ripple will acquire the company. The post Coinbase Acquisition of Circle: Is it Still Possible? appeared first on TheCoinrise.com .
Key Takeaways : MANTA price faces bearish pressure toward $0.22. Our Manta price forecast expects Manta price to surge to a maximum level of $3.6 in 2025. In 2030, Manta price prediction expects Manta price to record a maximum level of $22.28. Launched in September 2023, Manta Network gained significant attention within the cryptocurrency community after its token generation event, leading to trending status on major coin aggregators and news outlets. Beyond the initial buzz, Manta Network presents innovative technology through a modular zero-knowledge (ZK) rollup for Ethereum , featuring Solidity smart contracts and a decentralized identity layer one network focusing on compliance. This article will explore the details of the Manta Network and examine potential future price movements of its native token, $MANTA, to provide a comprehensive MANTA price prediction. Overview Cryptocurrency Manta Network Ticker Symbol MANTA Price $0.22 Price Change 24H -4.3% Market Cap $126.27 Million Circulating Supply 415.29 Million MANTA Trading Volume 24H $21.5 Million All-Time High $4.08 (Mar 13, 2024) All-Time Low $0.55 (Apr 07, 2025) Manta Price Prediction: Technical Analysis Metric Value Current Price $0.22 Price Prediction $0.18 (-24.97%) Fear & Greed Index 61 (Greed) Sentiment Bullish Volatility 13.55% Green Days 16/30 (53%) 50-Day SMA $0.248952 200-Day SMA $0.486627 14-Day RSI 57.23 MANTA Price Analysis: Manta faces strong bearish pressure toward $0.22 MANTA price analysis shows a drop toward $0.22 level. Resistance for Manta is at $0.256 Support for MANTA/USDT is at $0.196 Manta price analysis 1-day chart: Sellers trigger a drop toward $0.22 Analyzing the daily price chart of the MANTA token, Manta price met a strong selling pressure as it declined toward $0.22. Sellers are now aiming for a push below immediate Fib levels; however, buyers are strongly defending further declines. The 24-hour volume surged to $5.1 million, showing a surge in interest in trading activity today. Manta is trading at $0.22, declining by over 4.3% in the last 24 hours. Manta price chart The RSI-14 trend line has dropped from its previous level and currently hovers around 42, showing that bears are controlling momentum of the price. The SMA-14 level suggests volatility in the next few hours. Manta/USDT 4-hour price chart: Bulls aim for a hold above EMA lines The 4-hour Manta price chart suggests MANTA continues to face bearish activity around EMA lines, creating a negative sentiment on the price chart. However, buyers aim for a surge by sending the price above the EMA20 trend line. MANTA price chart The BoP indicator trades in a positive region at 0.78, hinting that buyers are trying to build pressure near support levels and boost an upward correction. However, the MACD trend line has formed red candles below the signal line, and the indicator aims for negative momentum, strengthening bearish positions. Manta Price Prediction: Levels and Action Daily Simple Moving Average (SMA) Period Value Action SMA 3 $0.262434 BUY SMA 5 $0.275775 BUY SMA 10 $0.289421 BUY SMA 21 $0.293216 BUY SMA 50 $0.248952 BUY SMA 100 $0.276082 BUY SMA 200 $0.486627 SELL Daily Exponential Moving Average (EMA) Period Value Action EMA 3 $0.270076 BUY EMA 5 $0.252491 BUY EMA 10 $0.234395 BUY EMA 21 $0.236019 BUY EMA 50 $0.291865 BUY EMA 100 $0.41638 SELL EMA 200 $0.625881 SELL What to expect from Manta price analysis next? The hourly price chart confirms that bears are making efforts to prevent the Manta price from an immediate surge. However, if the Manta price successfully breaks above $0.256, it may surge higher and touch the resistance at $0.327. MANTA Chart on TradingView If bulls cannot initiate a surge, Manta’s price may drop below the immediate support line at $0.196, resulting in a correction to $0.16. Is MANTA a good investment? Manta’s rapid rise in DeFi TVL charts and alignment with Ethereum ‘s scaling roadmap via technologies like Manta Pacific suggest $MANTA’s potential. Grants support its ecosystem growth, and it leads in ZK technology adoption, promising for blockchain ‘s future. However, regulatory concerns over transaction privacy could affect its long-term viability, potentially impacting ZK protocols like $MANTA. Overall, Manta is a good investment if you want a profitable return in the long term. Why is the Manta price down today? Manta price has triggered a strong bearish rally toward $0.22. This occurred after buyers failed to maintain the buying pressure around local tops. Will Manta price recover? If bulls hold the price above $0.2, we might see further recovery toward immediate resistance channels. Will Manta price reach $10? In recent months, the Manta network expanded its offerings and established multiple partnerships. If buying demand continues to increase in the coming years, its price might surpass the $10 mark. Will Manta reach $100? Depending on the current market sentiment, the MNT price might take several years to reach the $100 milestone. We expect the Manta price to achieve $100 by 2060. Will Manta reach $1000? $1000 is a distant dream for Manta price. However, if everything remains in favor of the altcoin market, we might even see the MNT price hitting $1K. Is Manta a good long-term investment? Investors are bullish on Manta, which has gained significant attention in recent months. If developers continue to build robust utilities for Manta and the roadmap fulfills user demand, it can be a good long-term investment option. Recent MANTA news/ opinions Kenny Li, one of the co-founders of Manta Network, was recently almost tricked by a phishing scam carried out by the well-known hacking group Lazarus. He talked about the incident in a post on X (formerly Twitter) on Friday, describing how he came very close to being caught but managed to avoid it just in time. MANTA price prediction May 2025 If the altcoin market witnesses a surge in buying pressure this month, we might see a rebound in the MANTA price. In May, we expect Manta’s price to record a minimum of $0.17 and a maximum of $0.37. The average price is expected to be around $0.25. Manta Price Prediction Potential Low Potential Average Potential High Manta Price Prediction May 2025 $0.17 $0.25 $0.37 Manta price prediction 2025 Due to the impact of Bitcoin’s halving, Bitcoin and leading altcoins could reach new highs in 2025. However, some believe the event’s predictability changes because of crypto’s current popularity. Technical analysis indicates that in 2025, Manta Network is expected to reach a minimum price of $0.15. The MANTA token might attain a maximum price of $3.60, while the average trading price is $1.5. Manta Price Prediction Potential Low ($) Potential Average ($) Potential High ($) Manta Price Prediction 2025 0.15 1.5 3.60 Manta price predictions 2026-2031 Year Minimum Price ($) Average Price ($) Maximum Price ($) 2026 4.23 4.38 5.19 2027 6.25 6.43 7.60 2028 8.55 8.81 10.75 2029 12.96 13.31 15.02 2030 17.94 18.60 22.28 2031 22.83 24.66 28.58 MANTA Price Prediction for 2026 Ethereum upgrades will benefit Manta Network as it advances toward a rollup-based model. With growing interest in privacy tech like ZK solutions, Manta Network is poised to grow, likely increasing its token value. In 2026, Manta Network will have a minimum price of $4.23. The MANTA token is expected to reach a maximum price of $5.19, with an average price of $4.38. Manta Price Prediction 2027 By 2027, Manta Network is predicted to have a minimum value of $6.25. It may reach a maximum value of $7.60, with an average trading price of $6.43. Manta Network Price Prediction 2028 Through a detailed technical analysis of past price data, Manta Network is estimated to reach a minimum price of $8.55 in 2028. The token could see a maximum price of $10.75, with an average trading price of $8.81. Manta Price Prediction 2029 In 2029, the minimum expected price for one Manta Network token is projected to be $12.96. The maximum price could reach $15.02, with an average trading price of $13.31. Manta Price Prediction 2030 For 2030, the Manta price prediction is a minimum of $17.94. According to our research, the MANTA token could achieve a maximum of $22.28, with an average forecast price of $18.60. Manta Price Prediction 2031 In 2031, the minimum expected price for one Manta Network token is projected to be $22.83. The maximum price could reach $28.58, with an average trading price of $24.66. Manta price prediction 2025-2031 Manta Network Price Prediction: Analysts’ MANTA Price Forecast Firm Name 2025 2026 Coincodex $7.92 $9.5 DigitalCoinPrice $4.28 $6.87 Changelly $3.92 $5.55 Cryptopolitan’s Manta Price Prediction At Cryptopolitan, we are bullish on Manta’s price prediction as it flashes bullish on-chain signals amid growing buying demand. Investors are keenly watching the Manta Network market to discern potential movements in its future price trends and analyze changes in Manta Network’s price. Technical analysis indicates that in 2025, Manta Network is expected to reach a minimum price of $0.15. The MANTA token might attain a maximum price of $3.60, while the average trading price is $1.5. Manta Historic Price Sentiment Manta Historic Price Sentiment January 18, 2024: MANTA launched on the open market at approximately $2.24. January 22, 2024: Price rose steadily, exceeding $2.70 before retracting to $2.40. Bullish Rebound: The following months showed a strong upward trend, with MANTA reaching an all-time high of $4 in March. April Decline: Momentum faded, and the price declined below $2. In May, the price of Manta rebounded and is aimed for a retest of the $2 mark. In recent weeks of June, MNT price declined heavily and dropped below the $1 mark. In July, Manta price continued its bearish move as it settled below the $1 mark. In August, the price of Manta surged toward $0.86; however, it later dropped toward $0.6. In September, Manta surged toward the $0.97 high only to face a rejection. In October, the price of Manta surged toward $0.85; however, it failed to maintain that momentum. In November, the MANTA price surged above $1.2 and is currently maintaining above that level. In December, Manta price dropped toward the low of $0.82. Though Manta started 2025 on a bullish note, it failed to hold its momentum. As a result, the price lost its $1 mark and crashed toward the low of $0.28 in early March. By the end of March, the price dropped further below $0.2. In April, the price surged toward the high of $0.25 but it later dropped.
SHIB breaks below crucial support, raising concerns of further declines toward $0.000009. Bitcoin falls below $104K support; the next test lies at $ 97K – $99 K for potential reversal. Ethereum struggles below key EMAs, with support at $2,400-$2,450 and risk of further decline. Shiba Inu (SHIB), Bitcoin (BTC), and Ethereum (ETH) are approaching significant points in their price trends. SHIB has dropped in price after falling below critical supports, and Bitcoin has shown signs that it may reverse following its recent highs. Ethereum is moving within an upward-sloping channel, struggling to choose a clear path. As of press time, Shiba Inu is trading at $0.00001237 , down by a 7.80% drop over the past day. The meme coin recently dropped below its 50-day EMA support, which had been holding its price for the previous few months. As a result of this breach, there is a concern about lower prices, which could drop below the support range of $0.0000120-$0.000009. In this case, SHIB would increase by another zero, and this could make investors anxious and more likely to sell their SHIB. Source: TradingView More selling is putting pressure on SHIB , since its RSI is… The post Will SHIB Add Another Zero? Bitcoin and Ethereum’s Next Moves Are Critical appeared first on Coin Edition .