One major crypto whale has caught the market’s attention by making substantial investments in several emerging altcoins all at once. This well-coordinated buying spree happened earlier today and was most visible through the on-chain metrics for a particular wallet. That wallet, identified as 0x97251bbbe8f80bf1787b15abed08c09ac5cc1776, executed a series of high-value purchases in what were largely seen as confidence bets. Among the purchases made were millions worth of the following tokens: VIRTUAL, WLD, GAME, and COOKIE. The size and timing of these acquisitions suggest that there’s a lot more here than just casual speculation. Be it insider knowledge, a long-term belief in the chosen tokens, or a more expansive bet on the narratives the market is going to play out in the near future, this whale is putting a considerable amount of dollars behind its decisions. A Closer Look at the Whale’s Portfolio Picks The buying binge started with a huge purchase of VIRTUAL, a recently popular token in the metaverse and digital experience realm. The whale got 2.53 million VIRTUAL tokens at an average price of 0.93 dollars, totaling 2.66 million dollars. In appearance, that looks an awful lot like a vote of confidence on the virtual world front. Altcoin Buffet: Whale Scoops Up $VIRTUAL, $WLD , $GAME , and $COOKIE in One Big Shopping Spree One wallet is making bold moves across multiple altcoins today. The whale behind address 0x97251bbbe8f80bf1787b15abed08c09ac5cc1776 went on a buying spree, pic.twitter.com/sV07F94HXT — EyeOnChain (@EyeOnChain) April 26, 2025 Then, the purse zeroed in on WLD, or Worldcoin, a project that has audacious dreams of making a worldly, decentralized, identity-and-finance layer. The whale gobbled up 1.48 million WLD at an average price of 1.02 dollars, investing 1.73 million bucks in all. Worldcoin has been buzzing for quite a while now, not just for its all-but-audacious biometric model, but also for its star-studded cast of crypto luminaries. Even so, to the extent Worldcoin scales at all, it has to be considered a “win” for the purse—much more so than with the other coins mentioned above. After the tokens priced at a premium, the investor dove down to “affordable” purchases and snagged a hefty amount of GAME. That’s 6.47 million tokens on an average price of 0.04 dollars “per” token. Total cash outlay came to about 299,000 dollars. While the value of GAME may be on the low end, the number of tokens purchased is impressive and suggests that this whale has a strong conviction on some upside potential. Completing the shopping spree was a smaller, yet still significant, purchase of COOKIE—a lesser-known but emerging token in the meme or micro-cap segment. The wallet acquired 303,574 COOKIE tokens for 40,700 dollars, averaging about 0.13 dollars per token. While speculative in nature, tokens like COOKIE have been known to deliver outsized returns in short bursts, and it’s possible the whale sees this as a calculated bet on something that might deliver 100X as much back in return. In total, the wallet splashed out about 4.73 million bucks among four different assets—not chump change, even in today’s altcoin market. But what’s most interesting is where those funds went and how they were allocated. The largest investment was in Worldcoin (WLD), a token associated with a project whose vision is definitely expansive (and somewhat controversial; more on that in a sec). Right behind WLD is the riskier, much less known, and far more volatile project called COOKIE. Market watchers are already abuzz about this activity, with many traders now keeping an eye on the wallet’s future moves for sentiment signals related to these tokens. And large-scale, diversified purchases like this one could also be seen as influencing the next short-term price moves in various tokens, especially those with smaller market caps where a single buy can dramatically shift order books. Whether the recent buying will pay off is yet to be seen, but there’s no denying that this whale is going for diversification and striking big in a market where the right narrative and use case can turn a modest investment into a home run. 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 !
A recurring cycle pattern suggests the rally may run until mid-October.
Expected to launch its mainnet this May, Mezo Network is becoming a major player in Bitcoin DeFi infrastructure. Drawing utility from the strengths of the Bitcoin network, Mezo is emerging as a service layer in the BTCFi landscape. And it seems to be resonating with users, who are finding it a compelling means of “farming” their Bitcoin for returns. The value proposition core to Mezo is its incorporation with the tBTC infrastructure, which permits user access to liquidity and programmability of decentralized finance while hewing to the Bitcoin security model. Mezo’s appearance, in a way, permits the whole appearance of borrowing, spending, and earning with the Bitcoin to become seamless—with few apps lingering in the space—that’s a huge gap being filled by Mezo. And ultimately, let us not miss the point here, it’s about putting the BTC itself to work in ways that get the BTC into actual, functional use-cases in financial applications. Growth Signals Show Rising Demand for BTCFi Solutions Mezo’s ascent is supported by impressive growth numbers from on-chain metrics. Over the past week, the number of borrowers on the platform surged by 84.4 percent. This brings the total user count to over 8,600. The speed at which this base is growing is a clear signal that holders of Bitcoin are seeking means through which the can utilize their assets in a more direct, decentralized manner. And by direct, I mean not relying on any centralized intermediaries. Simultaneously, the volume of $MUSD—Mezo’s stable borrowing currency—has skyrocketed. On the platform, a total of 183.8 million dollars worth of $MUSD has been borrowed, representing a 70 percent increase within just seven days. This spike reflects both a burgeoning user confidence and an increasing demand for liquidity solutions that are native to the Bitcoin ecosystem. With its mainnet launch expected in May, @MezoNetwork is rapidly gaining traction as the Bitcoin Economic Layer for BTCFi. Over 8,600 borrowers, up 84.4% in the past week $183.8M in $MUSD borrowed, a 70% increase in the last 7 days 92% of users collateralize with… pic.twitter.com/4MN55lQ5qQ — Bitcoin Ecosystem (@BitcoinEcoTK) April 25, 2025 Maybe the most revealing aspect is the composition of the user base. Data indicates that 92 percent of users collateralize with less than 0.0005 BTC, which suggests that Mezo is not just appealing to whales or institutional participants. This distribution seems to indicate that the platform is quite accessible, as it is engaging a large number of smallholders who are, in traditional DeFi models, often overlooked. For these users, the platform represents, in many cases, their first experience with using Bitcoin for anything other than holding it or making simple transfers. Mezo’s infrastructure is designed with this inclusivity in mind. By making borrowing against Bitcoin easy and efficient, the platform lowers the barrier to entry for everyday Bitcoin users. It allows them to put their Bitcoin to work without giving up custody or incurring the risks associated with centralized lending platforms. This shift toward on-chain borrowing not only improves capital efficiency but also strengthens Bitcoin’s presence in the broader DeFi ecosystem. In contrast to Ethereum-based DeFi, which many times has high-yield mechanisms contingent upon shaky token models, Mezo is stable, transparent, and sustainable. Its core growth strategy focuses on low volatility. The use of tBTC—a “trust-minimized” decentralized version of Bitcoin on Ethereum—allows Mezo to bridge two ecosystems while remaining true to Bitcoin’s core ethos. Analysts and investors are starting to take notice of Mezo’s advancements as excitement surges for the imminent launch of its mainnet. There exists a firm belief in many circles that Mezo could serve as the platform and portal for unleashing the hitherto locked liquidity of Bitcoin, which is better described as monetary energy, in order to truly set the stage for BTCFi to become a rising star in its next cycle of DeFi innovation. Should Mezo keep growing at its current rate, it will very soon become the go-to solution for anyone wanting to do anything with Bitcoin that was impossible not so very long ago. Its future success will almost certainly hinge on whether it can keep scaling to huge sizes while remaining accessible, secure, and decentralized. Mezo’s adoption isn’t just rapid; it is strong and across the board. The value proposition is exceedingly clear. Its meetings are well-attended, with the audience comprised largely of potential users. We think that this situation—strong early adoption, a clear value proposition, and a launch just around the corner—puts Mezo in position to redefine how Bitcoin interacts with the world of DeFi. And for Bitcoiners who have long awaited a more functional use case for their holdings, Mezo may most imminently deliver on that front. 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 !
Bitcoin’s price is rebounding, and so the market for perpetual swaps is showing a sharp increase in open interest (OI). That OI number crude proxy for how many traders are in the market shows that, post-CPI (Consumer Price Index indica implementation of economic policy), we have roughly 281,000 BTC in the Bitcoin perpetual swap OI. This is way more than we’ve had in quite some time, so what it means (more or less) is that more traders are in the perpetual swap market, period. And that must, of course, mean something. And what it inevitably leads you to is this: the perpetual swap market is not a market that exists in a vacuum. By its very name, it implies a building up of leverage, because how do you perpetually swap an asset without a lot of leverage being involved? Also, and I can’t stress this enough, the perpetual swap market is now and always has been an essential part of the landscape for Bitcoin traders. The rise in open interest is a typical feature of price recovery. As prices rise, more and more traders join the fun. The influx of traders means that order flow becomes even healthier. The healthier order flow is, the more likely it is that prices keep going in the direction they’re going in (i.e., recovery); hence, the healthier the price recovery becomes. Open interest, then, is a positive indicator for price recovery. Short Side Dominates: Funding Rates Suggest a Bearish Sentiment Even though open interest (OI) has risen, the funding rate in perpetual swap markets has turned negative. The average funding rate has fallen to -0.023%. This means that when perpetual swap traders make payments to each other, the traders on the long side pay the traders on the short side. It also means, apparently, that more perpetual swap traders are betting on Bitcoin’s price to fall rather than to keep rising. That also seems to be what more and more market participants think is going to happen. A market generally implies positive funding rates when the price is going up, but that’s what you’d expect in a typical market structure, right? Because in a typical market structure, you have long positions in excess of short positions, and the demand for borrowing the asset just pushes the funding rates higher. So the funding rate being negative during a price recovery really shows a divergence from that typical market structure, and it also implies that traders are kind of split on being with or against the rally. When there is a significant number of short positions that get liquidated, we say that a short squeeze has occurred. This is when the traders who shorted an asset in anticipation that its price would go down are suddenly rushing to buy back the asset that they shorted because the price is going up and they can’t let their loss go on any longer. This action in the market causes the price to go up even more, in a kind of virtuous cycle for the bulls and a vicious cycle for the bears. Reduced Appetite for Long Positions Adds to Short Bias More evidence of the prevailing short bias is found in the data for long-side funding premiums. The 7-day moving average (7DMA) of long-side funding premiums has recently drifted down to $88,000 per hour and is still trending downward. Funding premiums for long positions represent the amount long traders pay to maintain their positions. A downtrend in a long-side premium is generally seen as a signal that the market is moving against long traders. So, what by now should be a pretty clear picture is this: The funding structure of the Bitcoin market is slanted in favor of short traders. The reduction in long-side funding premiums may indicate that traders are hesitating to fully commit to long positions as the market remains unsure about the sustainability of the price recovery. Many traders may be holding off on adding to their long positions and instead are maintaining a wait-and-see approach in the hopes that the recent price action matures into a more substantial and lasting bullish trend. Open Interest in perpetual swaps has risen to 281K $BTC , up +15.6% since early March. This suggests a build-up of leverage in the market as prices rebound, increasing the potential for amplified volatility via liquidations and stop-outs. pic.twitter.com/3e0mOORqAT — glassnode (@glassnode) April 25, 2025 Increasing open interest, poor funding rates for longs, and lower actual premiums paid by long position holders combine to create a potentially very volatile Bitcoin market. These factors boost the chances for big price moves and, hence, the opportunity to make big profits— or suffer huge losses. And the fact that half of the market is betting against Bitcoin could even mean that the next big Bitcoin move will be upward, as the shorts get stopped out. What Lies Ahead? With Bitcoin demonstrating renewed vigor in its price restoration, the critical variable in deciding this market’s future seems to be the tug-of-war between long and short positions. If bullish forces keep pushing the price upward, all these chumps who have piled on to the short side are going to find themselves in an unwanted position and will have to cover their shorts, adding further fuel to the upward price movement. On the other hand, if this rally starts to roll over and those short positions start making money, then we’ve got a market that could very well see Bitcoin prices start declining again. The continues transformation in open interest, funding rates, and long side premiums stresses the high-stakes arena that Bitcoin traders are working in. With so much leverage in the system and such a strong load towards short positions, potential for amplified volatility remains high. Traders must stay alerted and keep a close watch over these key indicators. They may very well serve up the next significant price move. 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 !
World Liberty Financial founders met with Binance co-founder Changpeng Zhao to discuss ways to grow crypto adoption and set new industry standards. Announced on Apr. 27 via a post on X, WLFI said its founders Zach Witkoff, Zak Folkman, and Chase Herro sat down with CZ in Abu Dhabi to discuss growing global adoption and the next steps for crypto innovation. The meeting is part of WLFI’s ongoing strategy to penetrate new markets. As no direct funding announcements or new token issuances have been made public, the meeting’s immediate results are still unknown. WLFI’s founders @ZachWitkoff @zakfolkman @WatcherChase met with @cz_binance , the founder of Binance, to talk about growing global adoption, setting new standards, and pushing crypto to the next level. This is just the beginning. https://t.co/I7r5w4JWQq — WLFI (@worldlibertyfi) April 27, 2025 In another related development, on Apr. 27, Pakistani news outlet Profit reported that WLFI had signed a Letter of Intent with the Pakistan Crypto Council to promote blockchain, decentralized finance, and stablecoin adoption in Pakistan. The WLFI team also met with senior Pakistani leaders, including the Prime Minister and ministers of finance, defense, and information. You might also like: Crypto VC funding: Auradine secures $153m, World Liberty Fi inks deal with DWF Labs The agreement with the PCC aims to assist Pakistan in establishing regulatory sandboxes, exploring the tokenization of assets such as real estate, and strengthening its crypto infrastructure. Pakistan is already one of the world’s fastest-growing crypto markets, with over 25 million active users and $300 billion in annual transactions. WLFI is also gaining attention from institutional players. On Apr. 16, DWF Labs, a leading market maker and web3 investment firm, announced it had purchased $25 million worth of WLFI governance tokens as part of its U.S. expansion strategy. The partnership includes plans to support WLFI’s DeFi products, such as the USD1 stablecoin backed by U.S. Treasuries and cash equivalents. As per Arkham data , WLFI currently holds just over $102 million in cryptocurrency assets, which include 22.7 million USD Coin ( USDC ), $15.1 million in Wrapped Bitcoin ( WBTC ), 13.9 million in Ethereum ( ETH ), and 9.93 million in Tron ( TRX ), among others. Although WLFI’s aggressive global campaign has accelerated, it is unclear what effect this will have in the long run on the adoption of cryptocurrency worldwide and the DeFi sector. Read more: TRUMP whale regrets sale, pays double to buy back meme coins
The Sui ecosystem has seen significant growth in the past week, highlighting its improving adoption and penetration in the blockchain world. The network is demonstrating its durability and user appeal, and also developer appeal, with a series of impressive metrics. Data monitored by Lookonchain tell the story quite well. Growth across several key indicators has really picked up. And those key indicators are: Total Value Locked (TVL), DEX (decentralized exchange) trading volume, and stablecoin supply. Total Value Locked (TVL) Soars by 38% One of the most significant indicators of the Sui ecosystem’s growth is its rapidly increasing Total Value Locked (TVL). In just one week, TVL surged by an impressive 38%, reaching $1.645 billion. TVL, which represents the total value of assets locked within the ecosystem, is a critical metric for assessing the health and adoption of decentralized networks. The notable uptick in Sui’s TVL is a sign of growing confidence from users and investors alike. This surge can be attributed to a mix of reasons: the tech of the network has improved, its main projects have started rolling out new features, and it has seen an uptick in not just decentralized apps but also dApps that deliver fun, varied experiences to users. This is making the Sui network look more and more like a go-to place for DeFi projects as well as other blockchain-based apps. DEX Trading Volume Hits $599 Million, a 177% Weekly Increase An additional main measure that shows the Sui ecosystem is growing quickly is the huge amount of trading volume occurring on its decentralized exchanges. In the past week, Sui’s DEX platforms had 24-hour trading volume of $599 million. That’s up a staggering 177% from just the week before. At this rate, Sui isn’t just keeping pace with other ecosystems but is pulling ahead as a DEX trading destination. No other layer 1 or layer 2 network is coming close. The increase in trading volume on Sui’s DEX can be linked to the launch of several new features and campaigns by Sui’s core projects. These initiatives, which include new trading pairs, liquidity incentives, and improved user interfaces, have likely played a role in driving increased trading activity. Additionally, the available liquidity on Sui’s DEX platforms provides traders with the ability to execute larger transactions with lower slippage, making the platform an attractive option for users seeking efficient and cost-effective transactions. 1/ Over the past week, the Sui ecosystem has experienced significant growth. According to data monitored by Lookonchain: TVL increased by 38%, reaching $1.645 billion; DEX 24-hour trading volume reached $599 million, a 177% week-over-week increase; The total stablecoin… — OKX Ventures (@OKX_Ventures) April 26, 2025 The increase in trading volume is also proof of rising developer confidence in the Sui blockchain. This, in turn, seems to be spurring the building of even more innovative, decentralized financial products on the Sui platform. Meanwhile, traders and liquidity providers are starting to show up in significant numbers. All of this adds up to a pretty favorable scenario for the Sui ecosystem. Stablecoin Supply Increases by 82%, Reflecting Capital Influx The fast expansion of stablecoin supply within the Sui ecosystem is yet another main signal of the network’s ever-expanding role in the larger crypto market. In just the past two months, the total supply of stablecoins on the Sui network has risen from $482 million to $879 million—an unbelievable 82% growth. Stablecoins are a basic building block of DeFi. They provide a stable-store-of-value alternative in a crypto world that’s largely dominated by unstable, highly speculative assets. Capital is flowing into the Sui ecosystem, and it’s doing so through stable assets. This is a huge sign of the kind of progress we are making with Sui Stablecoin influx reflects a capital trend and user shift toward using Sui as a more risk-averse investment vehicle. Stablecoins are stable, and they provide the kinds of user opportunities that make DeFi appealing (lending, staking, yield farming, etc.). These user opportunities, paired with the inherent stability of stablecoins, make it likely that stablecoins will be a big part of Sui’s capital and user base going forward. In addition, the supply of stablecoins is expanding rapidly in parallel with the growth of DeFi applications. As a new apparatus for interacting with digital assets, decentralized finance requires an ever-growing and increasingly diverse set of financial tools. Stablecoins are now a basic component of this toolkit. They occupy a middle ground in a world where uncollateralized dollar-denominated credit is increasingly hard to come by. Sui’s Rising Capital Resilience and Developer Confidence When looked at from an investment standpoint, the Sui ecosystem’s is one of steadily building capital and developer confidence in a Layer 1 blockchain. Its performance, across some of the most fundamental key metrics—TVL, trading activity, and stablecoin volume—suggests that the on-chain ecosystem is not just on the path to thriving The Sui network’s long-term success will be determined by how well it can scale and satisfy a burgeoning demand from a swelling number of users and developers. The rising capital activity and user engagement across Sui indicate that it’s becoming an ever-more-important player in the blockchain space. To sum up, the Sui ecosystem has entered a significant stage. Its size and relevance have increased impressively. With an ecosystem that encompasses over 70 projects and keeps expanding, with an increase in trading volume on its decentralized exchange (DEX) that approaches the conditions that would make DEX arbitrage feasible, and with a stablecoin framework set up, the Sui ecosystem seems to be on a solid path. 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 !
Bitcoin appears to be changing its market behavior, with recent indications suggesting that the premier cryptocurrency is now diverging from traditional U.S. stocks. Over the past week, Bitcoin has not moved in lockstep with major stock indices like the S&P 500 and the Nasdaq. This seems to signal a fascinating shift in its role in global financial markets. The correlation between Bitcoin and the S&P 500, once at a relatively high 0.68, has now dropped all the way down to 0.27. This is a big change for a cryptocurrency that has spent the last year following the same ups and downs as the stock market. Even as Bitcoin’s ties to traditional stocks appear to be weakening, its links to gold seem to be enshrined in ever-more-solid ground. Recent data have revealed that Bitcoin’s correlation with the precious metal has really taken off and is now at a more pronounced -0.51, up from a modest 0.05. If folks are making a case for seeing Bitcoin as even more akin to gold than stocks, it’s probably not a bad case to make. "Bitcoin Breaks Away from Stocks, Moves Closer to Gold " — OKX Ventures (@OKX_Ventures) April 25, 2025 Bitcoin’s Position in the Market: A Growing Share of Gold’s Market Cap The changing relationship between Bitcoin and traditional assets, like stocks, reflects a broader shift in the cryptocurrency’s position within global financial markets. As Bitcoin’s correlation with gold strengthens, it is slowly becoming a more direct competitor to the precious metal in terms of being a store of value. This transition is highlighted by Bitcoin’s growing share of the gold market, which, according to Cryptorank, stands at 11% in 2025. Although Bitcoin’s market share in gold has decreased a little over time, the trend shows that Bitcoin’s Total Addressable Market (TAM) is still growing, as the actual global gold market is also growing. This market share expansion emphasizes Bitcoin’s increasing acceptance as an alternative digital wealth preservation vehicle. Bitcoin now makes up 11% of gold’s market size As gold’s market cap continues to grow, #Bitcoin share stands at 11% in 2025. Even though the percentage has slightly declined, #Bitcoin ’s Total Addressable Market (TAM) keeps expanding as the gold market grows. pic.twitter.com/8GyGZ9HH8x — CryptoRank.io (@CryptoRank_io) April 23, 2025 For a long time, gold has been regarded as a safe haven asset. It is valued by investors for its stability and its role as a hedge against inflation and economic instability. It is becoming increasingly correlated with Bitcoin, though, and many investors are starting to see the leading cryptocurrency as a potential alternative to gold. Because of the shift in perception in regard to Bitcoin, we might be looking at a new phase in the life of the leading cryptocurrency. The Implications of Bitcoin’s Divergence from Stocks The implications for traditional investors and those in the cryptocurrency market from Bitcoin’s decoupling from U.S. stocks are significant. For investors in both worlds, it has been long established that Bitcoin’s movements have been closely aligned with traditional stock market indices like the S&P 500 and Nasdaq. Yet as that correlation continues to decline, we can see that Bitcoin’s price movements are becoming less tethered to the performance of traditional equities. This shift could provide new occasions for investors. As Bitcoin moves more in line with the gold market, it may well become an attractive asset for those looking to diversify their portfolios. Bitcoin’s price behavior, in increasing tandem with gold’s, offers some signal that it too will serve a similar port in the storm for investors who want to protect their wealth from uncertainties. Also, Bitcoin’s increasing connection with gold could affect how institutional investors look at the crypto market. If Bitcoin demonstrates relative strength and a propensity for more stability than stocks, it might begin to claim a larger share of investment capital from these large players as part of their overall strategies. The Future of Bitcoin as a Digital Store of Value As Bitcoin keeps on developing, its ever-growing parallel with gold makes it a real rival in the universe of classical assets. It seems obvious now that the correlation between the two is strengthening; therefore, one must concede that Bitcoin’s pathway toward becoming a digital store of value is now clear. Even though its market share in gold has decreased slightly, one must now acknowledge that Bitcoin’s potential to seriously upset the classical asset universe continues to grow. In the future, it appears that Bitcoin will no longer be competing directly with stocks and bonds and will instead be on a similar playing field as gold. Bitcoin’s price and market share are moving more and more into the realm of redefining the role of precious metals in the global economy. And with those changes to the role of digital assets surely comes some recalibration of the global economy for digital asset holders. As this trend develops, investors will have to keep an eye on the continuing association between Bitcoin, stocks, and gold. Right now, it is very much evident that Bitcoin is putting itself out there as more than just a highly speculative asset. It is, in fact, a potential safe-haven asset with a few interesting twists that are worth noting. 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 !
Euler Finance, a decentralized lending protocol, has made a dramatic return following a devastating hack in March 2023 that saw $197 million pilfered from the platform. The platform’s resurgence began with a strategic overhaul, including the launch of Euler v2, fresh audits of the system, and key partnerships with prominent industry players. By the end of April 2025, Euler’s Total Value Locked (TVL) had rocketed to $1.5 billion, a remarkable turnaround that showcases the platform’s resilience and ability to rebuild trust within the DeFi community. Euler Finance’s Resilient Comeback 2023 was a dark chapter in the history of Euler Finance. During that year, hackers took advantage of a few vulnerabilities in the Euler Finance code and made off with $197 million. The hack sent shockwaves through the DeFi space—was Euler ever going to get back to where it was? It was a good question. The answer, in my opinion, is yes—and the first step in that direction was the launch of Euler v2 in September 2024. Euler reborn: TVL сlimbs to $1.5B In March 2023, hackers stole $197M from the @eulerfinance lending protocol. Euler’s strong comeback began with the launch of Euler v2, followed by fresh audits, @gauntlet_xyz joining as risk manager, and backing from @wintermute_t . Since v2… pic.twitter.com/aSq4JFiaSu — CryptoRank.io (@CryptoRank_io) April 25, 2025 Euler version 2 brought forth a wealth of new capabilities—improved security, better user interfaces, and optimizations that pretty much made the whole platform run better. From those updates, it was able to regain the confidence of its previous users and even add new participants to the mix. The v2 upgrade also marked a turn in the road that led to a series of strategic moves that made Euler what it is today. In addition to making technical upgrades, Euler Finance brought in outside auditors to ensure that any remaining vulnerabilities in the protocol had been eliminated and that its security was now sufficiently strong to prevent any future hacks. Audits like this one are a standard and important part of the assurance process in the blockchain space, and they played a crucial role in signaling to the community that the Euler platform was now safe to use. Even after this audit was completed, Euler Finance further increased its security assurances by bringing in the risk management firm Gauntlet to do ongoing risk assessments of the protocol. Strategic Partnerships and Growing Network Apart from technical improvements and risk management upgrades, Euler Finance obtained backing from a prominent crypto liquidity provider, Wintermute. Not only did Wintermute provide some much-needed financial backing, but its participation in the Euler project also helped to significantly boost the platform’s liquidity—an absolutely vital factor for the successful operation of any lending protocol. Euler Finance further widened its reach by integrating with many blockchains. Since it launched Euler v2, the protocol now serves a set of networks in addition to Ethereum. This set includes Avalanche (AVAX), Berachain, and several other ecosystems. By using a multi-chain strategy, Euler has been able to reach more diverse sets of users and serve a more diverse set of blockchain ecosystems. Consequently, Euler’s market share has grown fairly significantly over the last year. One of Euler’s revival’s standout accomplishments has been the remarkable growth of its TVL. Since the release of v2, Euler’s TVL has skyrocketed from a modest $4.5 million to an impressive $1.44 billion, with close to $1 billion of that locked on Ethereum. The protocol’s ability to corral such a goodly amount of capital, even in light of the past security problems it faced, speaks loud and clear about its greatly enhanced functionality and the strong demand for decentralized lending services. A Bright Future Ahead for Euler Finance Euler Finance’s astounding revival is a testament to the platform’s durability and the resilience of the broader DeFi ecosystem. By tackling security issues directly, beefing up its product, and securing key partnerships, Euler has not only bounced back from the hack but also emerged as one of the leading DeFi lending platforms right now. With a protocol TVL of $1.5 billion, it is once again a trusted part of the DeFi community. With Euler v2 now fully functioning and a solid platform established, the prospects for growth in the next few years look good. Attracting new users seems a safe bet, as the expansion to multiple blockchains will likely continue to pull in fresh traffic. And attracting new users is pretty much Job #1 for Gauntlet, which ensures that risk management remains a priority as Euler scales. For investors and users in the DeFi space, Euler Finance offers a compelling option in the realm of decentralized lending and borrowing. Its strong security, innovative features, and growing multi-chain presence make it a protocol to watch as the DeFi landscape continues to evolve. In terms of total value locked, Euler appears to be expanding its market presence quite nicely. Total value locked has generally been a reliable metric for assessing the market footprint of any particular DeFi protocol. As services like Euler continue to attract more liquidity and seem to be fortifying trust among users, they are also driving decentralized finance further into the mainstream. 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 !
Since Donald Trump became president, Bitcoin (BTC) has had a series of ups and downs, with the price falling more than 28% from the all-time high of $106K to around $75K. However, it has now rebounded quite remarkably, and some folks (like this author) who are Bitcoin bulls and believe in the digital asset’s potential are hopeful and even somewhat confident about the big breakout to $94K and beyond. This was an unexpected breakout event for the digital asset, and it’s happening at a time when the world is more divided and in conflict than ever. Bitcoin's unexpected breakout has flipped the script for the crypto community. Data shows a surge in optimism from the crowd as $BTC rebounded above $95K for the first time since February. As for the level of greed being measured across social media, this is the highest spike… pic.twitter.com/cbdEt41xo4 — Santiment (@santimentfeed) April 25, 2025 Rising Macro Tensions and Institutional Support Fuel Bitcoin’s Rebound Bitcoin’s resurgence above $95K comes in a globally uncertain macroeconomic environment. The tariff wars, rising geopolitical tensions, and inflation worries have cast a pall of fear and instability over the old-school financial markets. This kind of atmosphere has often been very good for Bitcoin, presumed by many to be a “safe-haven” asset during times of unease. Gold has long held that same mantle, but Bitcoin is now clearly in the conversation. And if things keep going the way they have been, the conversation might get a lot louder. It is not only the state of the macroeconomy that has brought Bitcoin back. The recovery has, in large part, been driven by a huge uptick in institutional interest in the cryptocurrency. Heavyweights such as BlackRock have continued to shove force into Bitcoin and the crypto space writ large. Their recent participation in the recovery, along with the much-wanted movement toward institutional adoption of Bitcoin ETFs, has added a level of street cred and stability to the market that had been largely absent. As Bitcoin has recovered as high as $95.8K today, we are seeing the highest week of net inflows to $BTC ETF's since the week before Trump's inauguration in mid-January. Institutions like Blackrock have played a large part in the crypto-wide bounce traders were waiting for. pic.twitter.com/jUxNM8wo75 — Santiment (@santimentfeed) April 25, 2025 U.S. spot Bitcoin ETFs attracted an enormous $380 million in net inflows for the week ending April 25, 2025, marking the highest weekly net inflows since the week before Trump’s inauguration in mid-January. This trend is signaling something very positive for Bitcoin. It suggests that the interest in Bitcoin as a legitimate financial asset is going mainstream, especially among the kinds of large institutional players who presumably also have a lot of influence over retail investor sentiment. On April 25, U.S. spot Bitcoin ETFs recorded a total net inflow of $380 million, marking six consecutive days of net inflows. Spot Ethereum ETFs saw a total net inflow of $104 million, with no net outflows across all nine ETFs. https://t.co/Hj2Gs49bWa — Wu Blockchain (@WuBlockchain) April 26, 2025 The Crowd’s Growing Optimism and Rising Greed When Bitcoin soared over the $95,000 mark, there was a marked increase in the overall optimism of the crypto community. While the price of Bitcoin never dipped below $88,000 from November 20 to December 31, 2024, the sentiment surrounding crypto in general had many people thinking it was DOA (dead on arrival) for any chance of a near-term price recovery. On Christmas Day, Bitcoin’s price was at $91,550. Then it climbed to… Despite the growing optimism about the market, some analysts have raised concerns that this could simply be a sign of an incipient top, with excessive greed and hubris fueling the latest rally. For the Bitcoin price to keep going up, there needs to be a sufficient base of retail investors willing to purchase the leading cryptocurrency. If too many traders try to take profits, it creates an opportunity for the institutional investors and whales who have been buying up the lower dips in Bitcoin to push the price up even further. The crowd’s sentiment is crucial in deciding whether Bitcoin can carry on with its present momentum or must soon retrace its steps. If the market gets too greedy and retail traders rush to take profits, we may see a temporary pullback in Bitcoin’s price. On the other hand, if the market remains patient and controlled greed is the order of the day, we could see Bitcoin push further into the uncharted territory of prices it has not seen before. In either case, sentiment is of the utmost importance. Bitcoin’s Future Outlook: Will $100K Be Within Reach? With Bitcoin approaching $95K, the question on many investors’ minds is whether the cryptocurrency can keep up its current trajectory and finally break through the $100K barrier. The road to $100K may not be without its bumps, but the combination of strong institutional support, an increasingly worrisome macroeconomic picture, and a steadily rising tide of retail and institutional investors gives Bitcoin a solid foundation to continue its upward movement. To conclude, the crypto space has been revitalized by Bitcoin’s recent surge, with both retail and institutional investors looking to the cryptocurrency as an all-but-certain store of value. We’re at the highest levels of market optimism and institutional inflows since Trump was inaugurated, and now it’s time for Bitcoin to take a crucial test—can it either maintain this momentum or avoid a serious retracement? At this point, with a stronger than ever market position, only a severe plot twist could deny Bitcoin’s re-ascendance. 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 !
Bitcoin is showing signs of detaching from traditional risk assets, indicating a potential new role as a reliable store of value during market volatility. The recent behavior of Bitcoin suggests