According to recent data from CoinGecko, reported on April 29th, Upbit has seen a remarkable trading volume of $2.496 billion within a 24-hour period. Significantly, the XRP/KRW trading pair dominated
One of the busiest Ethereum aggregators, 1inch, is launching a Solana version. The aggregator will compete with other apps during a newly active Solana meme season. The 1inch DEX aggregator, one of the key Ethereum apps, will launch a Solana version. The launch arrives at a time of heightened Solana token activity, where the leading aggregators produce up to $2.5M in daily fees. The 1inch team announced that the new Solana version is already live and capable of interacting with all newly launched tokens. At the moment, 1inch will start as an aggregator, however the community has suggested building a launchpad, similar to Raydium or Pump.fun, which combine token launchpads and DEX liquidity. The aggregator will accept Trust Wallet and Phantom through Wallet Connect, allowing all Solana traders to start swapping immediately. All traders will access the Fusion protocol, the main mechanism for fast decentralized swaps. The aggregator will accept the user’s parameters, then wait for transaction fulfillers to offer the best possible price, with the least slippage. The aggregator will also prevent MEV bot attacks, which front-run Solana trades. Following the Solana launch news, the 1INCH token rallied from weekly lows of $0.17 up to $0.21. The token is still near a one-month high after bouncing from April’s lows of $0.15. 1 million+ tokens. $7 billion liquidity. The best swap rates. Unleash @solana with 1inch. Now live for on-chain swaps. Start now 🌅 https://t.co/wUGBanUDdz pic.twitter.com/xr2Qc3tQvh — 1inch (@1inch) April 29, 2025 Ethereum’s slower pace hurts 1inch revenues The shift to Solana follows a general slowdown for 1inch on Ethereum. Compared to the Jupiter DEX aggregator, 1inch only produces up to $300K on successful days, and as low as $1.3K during slow periods. The aggregator still serves close to 60K daily active wallets, with three swaps daily on average. The app burns around 24 ETH each day for its busiest router contracts, lining up among the top 20 gas burners. However, the router’s performance is only one part of the 1inch product package. Part of the slowdown is due to the shift to 1inch Swap, which continues to draw in significant quarterly volumes despite short-term activity fluctuations. The 1inch aggregator has already shown its experience with multi-chain presence, though limited to EVM-compatible chains. The network achieves up to $187M in volumes from its multi-chain activity, based on DeFi Llama data. In the past months, activity on the BNB Smart Chain also increased, showing 1inch was capable of tapping the hottest token trading networks. Solana DEX activity still hinges on Raydium, Orca, and Meteora, together making up over 80% of all trading volumes. Solana is also a leader in bot trading activity, with 86.6% of all bot-driven swaps. Raydium is still the leading Solana DEX, potentially bringing new revenues to the 1inch aggregator. | Source: Dune Analytics On Solana, 1inch will aim to stop MEV attacks, offering protected swaps for over 1M tokens that graduated to the DEX. After the initial launch, the aggregator will also offer cross-chain swaps at the best possible rate, offering access to liquidity from 13 chains already onboarded. Overall, Solana’s DeFi activity increased in Q1, driven by DEXs, a renewal of meme token launches, and lending. The chain still carries close to 4M daily active wallets, rising from a recent slump of 2.8M active wallets. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
The Treasury can't just quietly delist Tornado Cash and sanction it later on when the smoke clears, a Texas judge ruled.
The U.S. District Court for the Western District of Texas has overturned the initial local court ruling against cryptocurrency mixer Tornado Cash, lifting previous sanctions against Tornado Cash by the Office of Foreign Assets Control (OFAC). Accordingly, the federal court overturned OFAC’s decision to impose sanctions on Tornado Cash, finding that the decision violated the Administrative Procedure Act. While this decision was welcomed by the cryptocurrency industry, Coinbase Chief Legal Officer (CLO) Paul Grewal also defended the decision as correct. “A US court today said no to this nonsense and overturned the original court ruling. OFAC is now legally prohibited from reimposing the original sanctions. Congratulations to the brave plaintiffs who have the courage to stand up to their government for their rights under the law. We appreciate the court's careful consideration.” Following the overturn, cryptocurrency companies have also taken action, calling on the White House to drop the lawsuit against the Tornado Cash co-founder. A number of crypto companies have sent a letter to White House crypto and AI czar David Sacks urging him to drop the criminal case against Tornado Cash co-founder Roman Storm, DL News reports. They cited the Department of Justice (DOJ)'s recent announcement that it will not take legal action against developers of cryptocurrency mixers and wallets used in criminal activities. The letter in question was signed by major companies such as Paradigm, Multicoin Capital, and 6th Man Ventures. The investigation alleges Storm laundered $1 billion worth of criminal proceeds, violated U.S. sanctions and operated an unlicensed money transmitting business. Storm and her supporters argue that she has no control over how others use her Tornado Cash. Following the court ruling, the price of Tornado Cash (TORN) increased by approximately 8% to $7.9. *This is not investment advice. Continue Reading: Court Rules in Favor of Controversial Altcoin! Then Crypto Leaders Address the White House!
London, United Kingdom, April 28th, 2025 Northern Markets , a financial firm offering access to a broad range of global asset classes, has announced new enhancements to its client services, reinforcing a growing shift toward personalized account solutions. As the industry becomes increasingly focused on individual trader needs, the firm is placing customization, strategic flexibility, and tiered account management at the forefront of its model. The recent introduction of premium account tiers and bespoke trading services positions Northern Markets to better serve clients whose needs go beyond standard brokerage features. This move comes as investor preferences evolve, demanding more control, better access, and curated experiences from their trading platforms in a more competitive market. “Clients today expect more than basic execution, they’re looking for structured, goal-oriented experiences tailored to their trading behavior,” said Northern Markets spokesperson, Justin Cope. “We’re responding by building services that adapt to their long-term strategies, rather than taking a one-size-fits-all approach.” Client-Centric Design for Experienced Traders At the center of this initiative is a series of newly unveiled premium accounts aimed at high-net-worth individuals and advanced traders. Accounts such as The Exclusive Club, Luxury Lifestyle, and The Ultimate VIP offer curated trading environments. Each level includes advanced strategy options, faster withdrawal handling, and direct support from seasoned financial specialists. In contrast to typical brokerage models that segment users solely by trading volume, Northern Markets’ high-tier accounts are structured around lifestyle and investment goals. Traders are offered access to customized financial planning tools, one-on-one consultations, and tailored account structures that adjust as their strategies evolve and portfolios grow. Meanwhile, clients at entry and mid-tier levels continue to benefit from diverse asset exposure, including forex, indices, stocks, commodities, and cryptocurrencies, all accessible through a single login across desktop, mobile, and web platforms. Shifting Toward Tailored Experiences The firm’s expansion into bespoke services is reflective of a larger trend across financial services: the move from transactional platforms to long-term financial partners. Northern Markets’ operational model focuses on delivering a comprehensive experience, from real-time execution to portfolio support and educational access. Resources available to users include trading insights, strategy development tools, and educational content designed to increase user fluency in different market conditions. This is particularly valuable for users navigating complex market environments or transitioning from passive investing to active trading as their financial goals mature. “Our goal is to create a space where both new and experienced traders can operate with clarity and purpose,” the company’s spokesperson, Justin Cope, added. “From educational tools to elite-tier customization, we want our services to evolve alongside our clients and meet their changing needs.” Aligning with Ambition, Not Just Capital Beyond financial thresholds, Northern Markets is emphasizing its readiness to adapt based on client intent. Those seeking to upgrade to custom solutions, regardless of experience, can request tailored support through the firm’s account services team. This includes options for risk management integration, withdrawal prioritization, and platform access planning. The approach also reinforces transparency, with users guided clearly through each tier and benefit without unexpected fees or hidden conditions. Round-the-clock customer service and weekday support hours ensure clients receive timely assistance, whether for technical needs, platform support, or account optimization. About Northern Markets Northern Markets is a leading investment platform offering access to a diverse range of financial instruments, including cryptocurrencies, stocks, commodities, indices, and ETFs. With a strong emphasis on innovation, security, and transparency, the platform provides investors with cutting-edge tools and market insights to help them make informed financial decisions. By combining advanced technology with a commitment to client education and support, Northern Markets empowers investors of all levels to navigate global markets with confidence. For more information, users can visit NorthMarkets.io Contact Justin CopeNorthern Marketssupport@northmarkets.email Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
The post Charles Hoskinson Slams Critics, Says Cardano’s Success Isn’t Just About Price appeared first on Coinpedia Fintech News Cardano (ADA), currently the ninth-largest cryptocurrency by market cap, has seen a 58.4% surge over the past year. Yet, despite steady growth, some traders still label the project a failure — a view that Cardano founder Charles Hoskinson strongly rejects. Speaking on a podcast with Gokhshtein Media , Hoskinson addressed the growing negativity in the crypto space and defended Cardano’s long-term vision. Hoskinson Defends Cardano’s Achievements Hoskinson emphasized that judging a project solely by its token’s price is a flawed approach. He pointed out that Cardano has grown from a $72 million startup into a $25 billion ecosystem, with over 3 million users worldwide. He stressed that Cardano has consistently delivered on its development roadmap, achieving major milestones while maintaining a focus on security, scalability, and decentralization. Blasts Crypto Hype Culture Mocking a recent trend where traders were encouraged to sell ADA for a now-collapsed project, Hoskinson criticized the “get rich quick” mentality. He warned against expecting 10x or 100x returns from fundamentally strong projects like Cardano, arguing that true success should be measured by technological innovation and real-world impact, not price speculation. In the last 30 days, ADA’s price has climbed 4.1%, including an 11.9% rise over the past week. However, it saw a slight dip of 0.4% in the last 24 hours — a typical fluctuation in a volatile market. Innovation Over Price: Hoskinson’s Message to Crypto Investors Hoskinson urged the crypto community to shift focus from short-term price movements to genuine innovation. He also voiced his support for the Trump administration’s new efforts to bring regulatory clarity to the U.S. crypto sector, noting that clear regulations are essential for long-term industry growth. Conclusion: Cardano’s Path Forward Hoskinson’s message is clear: innovation, not hype, will determine the future leaders of the crypto industry. Despite criticism, Cardano’s consistent growth, robust technology, and regulatory-friendly approach position it as a project built for lasting success — not fleeting price pumps
Mastercard Expands Stablecoin Payment System, Launches Crypto Card With OKX | Coinbase to Launch Bitcoin Yield Fund Targeting Up to 8% Annual Returns for Institutions | Tether's Gold-Backed XAUT Reaches $770M Market Cap Amid Global Gold Rush
Standard Chartered forecasts Bitcoin could hit $120K in Q2, driven by strong ETF inflows and increasing demand amid global market volatility. Bitcoin’s rising popularity as a hedge against traditional finance
Despite its reputation as a joke token, Dogecoin remains the eighth-biggest cryptocurrency by market value, currently valued at $26 billion. A closely followed crypto analyst has identified one catalyst that could send DOGE to the moon. In a new strategy session, crypto trader Ali Martinez tells his 136,400 followers on the X social media platform that the original meme coin is nearing a setup that could trigger a 300% surge, but one condition must first be met. Dogecoin Setting Up For Massive 300% Rally? In his recent post , Ali Martinez suggested keeping an eye on the $0.20 mark. With palpable momentum building in the markets, Martinez believes that Dogecoin closing above the $0.20 mark this month would indicate it has broken out of a resistance zone that has been hindering its parabolic rally since early last year. Clearing this level may serve as a precursor to a move higher, with the pundit predicting the world’s largest and oldest meme coin could potentially rally back toward its current lifetime peak of around $0.74. “Such a breakout would signal strong bullish momentum and potentially attract increased investor interest,” Martinez added. Dogecoin ETF Incoming? As ZyCrypto reported previously, faint hopes of Dogecoin being included in the U.S. Department of Government Efficiency (D.O.G.E.) were recently dashed as the department’s figurehead, Elon Musk, squashed any plans of adding the leading memecoin. Nonetheless, the Dogecoin community is closely watching the US Securities and Exchange Commission as it reviews multiple DOGE-related applications. Dogecoin ETF filings from Bitwise , Grayscale , 21Shares , and Osprey Funds are already on the SEC’s desk. The regulator is set to make a decision on Grayscale’s ETF application on May 21 after recently delaying taking the next steps for several proposals. Bloomberg Senior ETF analyst Eric Balchunas previously said the odds of a spot DOGE ETF going live in the coming months are as high as 75% . An ETF approval would provide a regulated investment vehicle for traditional investors, potentially boosting Dogecoin’s exposure and validation in the wider financial world. Increased demand could push up DOGE prices if the product captures even a small fraction of the inflows seen by the spot Bitcoin ETFs.