# Сопутствующие статьи по теме Competition

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Competition", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

Sei’s momentum vs. Avalanche’s depth – Which network is winning 2026 race?

In early 2026, Sei Network briefly lost its lead in perpetual DEX volume to Avalanche, but quickly rebounded by adding $23 million within 48 hours, reestablishing dominance. Sei also led in user engagement with 7.6 million monthly active addresses compared to Avalanche’s 1.6 million. However, Avalanche maintained a significant advantage in Open Interest at $443 million versus Sei’s $74 million, reflecting deeper liquidity and stronger market confidence. While Sei shows strong momentum and growing adoption among traders, Avalanche’s superior capital depth and stability position it as the more established network. The competition hinges on whether Sei can convert its user growth into sustained financial strength.

ambcrypto01/27 18:02

Sei’s momentum vs. Avalanche’s depth – Which network is winning 2026 race?

ambcrypto01/27 18:02

Who Can Catch Ma Huateng's Red Envelope?

The article discusses the intensifying competition among Chinese tech giants in the AI sector, triggered by Tencent’s announcement of a 10 billion yuan cash giveaway through its AI app, Yuanbao, during the Spring Festival. Pony Ma’s move is reminiscent of WeChat’s 2015 “Pearl Harbor-style” disruption of the digital payment market, which helped it compete fiercely with Alipay. Major players like Baidu, ByteDance (with Doubao), and Alibaba (with Qianwen) have also launched large-scale marketing campaigns and春晚 (Spring Festival Gala) partnerships, with billions in subsidies and promotions. The competition has expanded beyond pure AI model performance to include applications, ecosystem integration, and hardware. The AI landscape is described as a “Warring States” era, with ByteDance (compared to Chu), Tencent (Qi), and Alibaba (Wei) leading through distinct strategies: ByteDance leverages short-video content, Tencent focuses on social integration, and Alibaba builds a super-app ecosystem. Other significant players include Baidu and DeepSeek, while smaller firms pivot to niche markets. Despite massive investments—with companies like ByteDance and Alibaba spending hundreds of billions—the industry has yet to find a sustainable business model. Profitability remains elusive, relying on subsidies and user acquisition rather than stable revenue streams like subscriptions or enterprise solutions. Experts suggest 2026 may be a decisive year for AI commercialization, with intensified competition, market consolidation, and potential breakthroughs in monetization. The outcome remains uncertain, and the battle for user attention and market dominance is still unfolding.

marsbit01/27 03:31

Who Can Catch Ma Huateng's Red Envelope?

marsbit01/27 03:31

Delphi Digital: The Ultimate War of Super Apps, Coinbase, Binance, Kraken, X Enter the Fray

The article "Delphi Digital: The Ultimate War of Super Apps - Coinbase, Binance, Kraken, X Enter the Fray" argues that the future of crypto industry dominance lies in controlling the interface layer, similar to how leading internet companies like Amazon and Meta succeeded by controlling information discovery and distribution channels. Super apps integrate various crypto services—lending protocols, exchanges, yield sources, and payment channels—into a single interface. Advancements like account abstraction, low-cost rollups, and reliable bridges are solving long-standing user experience issues, enabling real-world use cases beyond speculation. Key players are adopting distinct strategies: - **Coinbase** is diversifying beyond trading, leveraging Base rollup and stablecoin revenue, and making strategic acquisitions (e.g., Deribit, Echo) to combine custodial convenience with permissionless access. - **Robinhood** unifies traditional and crypto finance, using a subscription model to enhance user loyalty and expanding internationally with blockchain-based securities. - **Binance**, with over 270M users, leverages its massive scale to integrate trading, payments, staking, and wallet services, using token discovery programs to drive growth. - **Kraken** focuses on segmented user experiences (e.g., Inky for fast trading, Krak for payments) while maintaining unified underlying technology, and has expanded via acquisitions (e.g., NinjaTrader). - **X (Twitter)** remains a wildcard, with regulatory approvals and partnerships in place but not yet native payment capabilities, posing a potential disruptive threat. The battle for the default crypto interface is intensifying, with the winner poised to capture significant protocol value.

marsbit01/23 03:36

What Happens If XRP Starts Competing With Major Banks?

The article explores the evolving role of XRP and Ripple, suggesting they are transitioning from merely coexisting with global banks to potentially competing with them directly. Ripple's recent strategic acquisitions, such as Hidden Road (now Ripple Prime) for prime brokerage, GTreasury for treasury management, and Rail for stablecoin payments, have expanded its capabilities into core banking functions like clearing, custody, and liquidity services. These moves position Ripple to challenge traditional banks in multi-trillion-dollar revenue streams like treasury, remittances, and custody. Ripple aims to capture a significant share of cross-border transactions, competing with SWIFT, while banks face costly infrastructure upgrades to remain competitive. The shift signals a broader transformation in the line between cryptocurrency and traditional banking.

bitcoinist01/22 21:01

What Happens If XRP Starts Competing With Major Banks?

bitcoinist01/22 21:01

U.S. Banks Push Congress to Restrict Stablecoins and Crypto Data Access

U.S. banks, led by the American Bankers Association (ABA), are urging Congress to impose restrictions on stablecoins and financial data access. They advocate for a ban on yield-bearing stablecoins, warning that such products could draw trillillions of dollars from bank deposits, reducing lending capacity and creating financial stability risks. Additionally, banks seek changes to Section 1033 banking rules to impose stronger liability rules and potential fees on data sharing, which currently allows users to connect bank accounts to crypto platforms. Crypto and fintech groups argue these efforts are anti-competitive, designed to protect banks from innovation, and could effectively kill open banking by blocking connections or charging fees. This dispute has delayed a key crypto market structure bill in the U.S. Senate.

TheNewsCrypto01/22 11:23

U.S. Banks Push Congress to Restrict Stablecoins and Crypto Data Access

TheNewsCrypto01/22 11:23

Former "NFT Chain" Spends $250 Million to Compete with Stripe and Circle

Polygon Labs has acquired Coinme and Sequence for over $250 million, positioning itself as a "stablecoin rail" competitor to Stripe and Circle. Coinme, a licensed money transmitter in 48 U.S. states, provides a compliant fiat on-ramp via a vast cash-to-crypto network. Sequence offers smart wallet infrastructure that abstracts blockchain complexities for end-users. Together, these acquisitions enable Polygon to offer a full-stack solution for stablecoin payments, combining regulatory access, user-friendly technology, and physical cash integration. This strategy aims to capture value in the growing stablecoin payment market, competing with closed ecosystems like Circle’s Arc and service-oriented platforms like Stripe’s Tempo, while avoiding the token economic pitfalls seen in projects like Tether’s Plasma.

比推01/20 19:05

Former "NFT Chain" Spends $250 Million to Compete with Stripe and Circle

比推01/20 19:05

$6 Trillion Deposit Drain Theory Sends Banking Industry into Panic

The article discusses how the U.S. CLARITY Act, which prohibits crypto exchanges from paying yields on payment stablecoins, is part of a broader effort to protect traditional banks' profitable net interest margins. Large banks like JPMorgan benefit from near-zero deposit rates while earning significantly higher returns by investing in assets like Treasury bills. The banking industry warns that stablecoin yield offerings could lead to $6.6 trillion in deposit outflows, harming lending capacity. However, the article argues that these funds often remain within the traditional financial system, as stablecoin reserves are held in cash and short-term Treasuries. The real concern for banks is competition from higher-yielding alternatives like USDC rewards and DeFi protocols, which force them to offer better rates. This situation mirrors historical debate around Regulation Q and the rise of money market funds in the 1970s. The stablecoin market has grown rapidly, reflecting demand for digital dollars that offer both liquidity and yield. The author suggests that, much like money market funds, stablecoin yields represent a technological shift that benefits consumers and will likely be adopted despite resistance from incumbent institutions.

marsbit01/20 05:49

$6 Trillion Deposit Drain Theory Sends Banking Industry into Panic

marsbit01/20 05:49

NYSE Launches 24/7 Tokenized Stock Trading: Which Crypto Businesses Will Directly Benefit or Suffer?

The New York Stock Exchange (NYSE) has announced plans to launch a tokenized securities trading and on-chain settlement platform supporting 24/7 trading of U.S. stocks and ETFs, fractional shares, stablecoin-based settlements, and instant settlement. This move is expected to have significant implications for the crypto industry. Potential beneficiaries include compliant U.S. stablecoins like USDC, which could be chosen for settlements, boosting their adoption. Leveraged stock-to-crypto trading platforms (e.g., Hyperliquid) may benefit from improved hedging opportunities due to aligned 24/7 trading hours. Perpetual swap and basis trading protocols (e.g., Ethena) could gain new, high-quality assets for arbitrage strategies. Selected infrastructure providers, such as blockchains and oracles, may also see growth, though traditional finance connections will be crucial. Conversely, existing crypto-native stock tokenization platforms face direct competition from the NYSE's superior regulatory backing and promise of equal dividends and governance rights. Spot stock-to-crypto trading platforms are particularly vulnerable and may need to pivot to offshore markets or derivatives to survive. Overall, while the NYSE's entry threatens some crypto-native businesses, it highlights the growing value of crypto's unique strengths: stablecoin infrastructure, leveraged trading, and on-chain financial engineering. Competition will intensify, but new opportunities will emerge.

Odaily星球日报01/20 02:13

NYSE Launches 24/7 Tokenized Stock Trading: Which Crypto Businesses Will Directly Benefit or Suffer?

Odaily星球日报01/20 02:13

NYSE Can't Sit Still, Plans to Launch 24/7 Tokenized Trading

The New York Stock Exchange (NYSE) is reportedly planning to launch a tokenized securities trading and on-chain settlement platform that would enable 7x24 hour trading of stocks and ETFs. This move, seen as a response to competitor Nasdaq's own application for tokenized stock trading submitted last year, represents a significant step by traditional finance into the digital asset space. The proposed "on-chain stock tokenization solution" includes features such as fractional share trading, stablecoin-based fund settlement, instant settlement, and plans to grant tokenized stocks equal dividend and governance rights as traditional securities. NYSE's parent company, ICE, is also collaborating with major banks to explore supporting infrastructure. Market reactions are mixed. Proponents view it as an inevitable fusion of traditional and crypto finance, bringing enhanced liquidity and modernized infrastructure like atomic settlement. Critics, however, express concerns that it primarily benefits exchanges and could negatively impact younger investors by creating a relentless trading environment. The approval process by the SEC is expected to take time, potentially not until late 2026, leaving a window of opportunity for existing crypto platforms that offer features like non-KYC trading and high leverage, which the NYSE platform is unlikely to provide. The core driver for traditional exchanges remains trading volume and fees, and their success is not guaranteed in this new competitive landscape.

比推01/19 19:00

NYSE Can't Sit Still, Plans to Launch 24/7 Tokenized Trading

比推01/19 19:00

NYSE Plans to Launch 24/7 Tokenized Stock Trading, Leaving 'Competitors' Stunned

NYSE plans to launch a 24/7 tokenized securities trading and on-chain settlement platform, a move seen as a direct response to Nasdaq’s earlier application for tokenized stock trading. The proposed platform would support round-the-clock trading of U.S. stocks and ETFs, fractional shares, stablecoin-based settlements, and instant settlement, while integrating NYSE’s existing matching engine with blockchain technology. Tokenized stocks would retain traditional rights like dividends and governance. The initiative is viewed as both an opportunity and a threat. Proponents argue it validates crypto’s core innovations—24/7 trading, instant settlement, and global access—and represents a major step toward merging traditional and crypto assets. Critics, however, warn it may disadvantage retail investors, increase market complexity, and primarily benefit exchanges through higher fees. While NYSE’s proposal is more comprehensive than Nasdaq’s, regulatory approval from the SEC is not expected before late 2026. This leaves a window for crypto-native platforms to leverage advantages like permissionless access, global liquidity, and leveraged products. The key battleground will be where liquidity, attention, and users converge.

marsbit01/19 15:21

NYSE Plans to Launch 24/7 Tokenized Stock Trading, Leaving 'Competitors' Stunned