Project Updates

Hyperliquid’s HIP-3 Protocol Records $720M Single-Day Weekend Trading

Hyperliquid's HIP-3 protocol, a record-breaking $720 million in single-day weekend trading volume, driven by heightened demand for on-chain access to traditional assets. According to Pine Analytics, this surge is attributed to two key events: a silver price rally in January and geopolitical tensions in late February that drove traders to decentralized platforms when traditional markets were closed. The platform's native token, HYPE, saw a 2.67% price increase and a 55% rise in 24-hour trading volume, reflecting growing adoption. Analysts suggest that if this accelerating trend continues, HYPE is well-positioned to outperform other crypto assets.

TheNewsCrypto03/09 12:29

Cardano Founder Says Pentad Faces $40 Million Shortfall After ADA Price Crash

bitcoinist03/09 12:03

Akash Network spikes 20% amid BME proposal buzz: Can AKT extend the rally?

Akash Network's AKT surged 20.2% to approximately $0.417, with trading volume exploding 981.7% to $54.47M, indicating intense speculative interest. This rally coincides with an upcoming on-chain vote for the Burn-Mint Equilibrium (BME) proposal, which would link token utility directly to network demand by burning AKT used for compute deployments. The upgrade also introduces WASM smart contracts for faster innovation. AKT broke out of a prolonged consolidation range, now testing key resistance at $0.44. Technical indicators like MACD show strengthened buying pressure. Meanwhile, Open Interest surged 136.4% to $13.19M, yet funding rates remain deeply negative at -0.275%, suggesting a crowded short side. This divergence could lead to increased volatility if the rally continues, forcing liquidations. The price action near $0.44 is a critical test for the rally's sustainability.

ambcrypto03/08 21:02

Lighter buybacks hit 3% of supply – But LIT holds above $1 IF…

LIT faces persistent bearish pressure, trading near $1.10 with weekly losses of 23%. Despite a buyback program that repurchased 7.48M tokens (3% of supply) using protocol revenue, market sentiment remains negative. Sell volume dominates, and declining revenue and trading activity suggest continued downside risk. Key support at $1 is at risk of breaking, with further decline possible toward $0.96 unless momentum shifts above $1.30.

ambcrypto03/08 16:02

Aave’s revenue surges despite DAO turmoil – Is lending DeFi’s backbone now?

Despite internal governance turmoil, Aave has demonstrated strong and consistent revenue growth, underscoring the resilience of lending protocols as a stable revenue engine within DeFi. While speculative sectors like DEXs and NFTs experience volatility, Aave generated $1.62 million in daily fees and $82.14 million over 30 days, supported by $32.4 billion in TVL. Its stablecoin utilization rates remain near 60–70%, reflecting sustained borrowing demand rather than speculative activity. With cumulative revenue approaching $145 million over the past year and over $1 trillion in total loan volume, Aave continues to function as DeFi’s core on-chain credit infrastructure, facilitating trading, arbitrage, and treasury management activities.

ambcrypto03/08 03:02

Analyzing if Hyperliquid can become the 24/7 derivatives hub – Why and why not?

Crypto markets operate 24/7, providing continuous price discovery, especially during off-hours geopolitical or macroeconomic events, as seen with recent Middle East tensions. Derivatives dominate this ecosystem, with perpetual futures volume vastly exceeding spot trading. Hyperliquid [HYPE], a high-speed Layer-1 blockchain, is emerging as a key decentralized derivatives hub. It features ultra-fast block finality, an on-chain order book, and a cross-margin model. With significant volume and open interest, it is consolidating liquidity in the decentralized space, sometimes offering better order book depth than centralized competitors like Binance. While it has the potential to become a global, 24/7 risk-transfer layer, persistent market fragmentation could limit this advantage.

ambcrypto03/08 00:02

Elon Musk Cosigns X Money Post, But Does It Have Anything To Do With Dogecoin?

Elon Musk's plans for a financial services app, X Money," are advancing, with the platform aiming to become a Western version of China's WeChat by integrating communication and financial transactions. The app is designed to allow users to manage all financial activities—including payments, savings, investments, and loans—without leaving X or relying on traditional banks. Internal testing is underway, and an external beta is expected soon. Despite Musk’s well-known support for Dogecoin, which surged 33,000% in 2021 partly due to his endorsement, the post he endorsed made no mention of the cryptocurrency. While Dogecoin is accepted for Tesla merchandise, it has not been officially integrated into X’s payment system, leaving its role in X Money uncertain.

bitcoinist03/07 20:02

A $100 Investment in Ozak AI Could Potentially Deliver Returns Comparable to Those That Would Require Tens of Thousands of Dollars Invested in Bitcoin

With Bitcoin's maturity offering more limited, capital-intensive returns, investors are seeking high-growth alternatives like Ozak AI ($OZ). Currently in its seventh presale phase, Ozak AI’s token price has risen 1,300% from its initial $0.001. A $100 investment at launch could yield up to $100,000 if the token reaches its $1 target. The project leverages AI-driven predictive analytics, decentralized infrastructure (DePIN), and real-time data through partnerships with Pyth Network and others. While riskier than Bitcoin, Ozak AI represents a high-upside opportunity for those willing to invest early in emerging technology.

TheNewsCrypto03/07 14:32

Weekly Token Unlock: STRK Unlock Volume This Week Accounts for 4.4% of Circulating Supply

Starknet Token Unlock: STRK to Release 4.4% of Circulating Supply This Week Starknet, an Ethereum Layer 2 scaling solution using zk-STARKs technology to enable faster and cheaper transactions, is set to unlock 127 million STRK tokens this week. The unlock is valued at approximately $4.84 million and represents 4.4% of the token's circulating supply. Developed by StarkWare, which was founded in 2018 and is based in Israel, Starknet aims to improve Ethereum’s scalability by offloading transaction verification and computation from the mainnet. This approach significantly reduces the computational burden and increases network throughput. The release is part of Starknet’s predefined token emission schedule.

marsbit03/07 13:58

OmniPact Secures $50 Million to Advance Trust Infrastructure

OmniPact, a decentralized protocol building a trust layer for peer-to-peer transactions, has raised $50 million in a private funding round from a consortium of anonymous institutional investors and family offices. The funds will accelerate the development of its mainnet, cross-chain features, and decentralized arbitration module. A significant portion will support security audits of core contracts, the testnet launch scheduled for Q1 2026, and team expansion to integrate real-world asset (RWA) and AI agent transaction capabilities. Co-founder and CEO Alex Johnson stated that the investment validates their vision of a neutral, transparent, and trustless foundation for commerce. The protocol uses smart contracts as on-chain guarantors, combining algorithmic custody with decentralized arbitration and reputation systems to eliminate intermediaries and enable secure exchanges of both physical and digital assets. Founded in 2024, OmniPact aims to solve the "trust problem" in Web4 and traditional commerce by returning control and security to users worldwide.

TheNewsCrypto03/07 10:36