Ethereum Layer 2 solutions are contributing to new ideas in the blockchain industry, increasing throughput at lower costs on the Ethereum blockchain. L2BEAT provides data based on which it is clear that the total value of assets locked in Ethereum Layer 2 is nearly $38 billion TVL. 

Top Ethereum Layer 2 Projects by Total Value LockedThe total value of assets locked in @Ethereum Layer 2 systems is almost $38B at the moment, according to @l2beat. Let’s compare the top #Layer2 projects by current TVL in USD, including @arbitrum $ARB, @base, @Optimism $OP,… pic.twitter.com/joHpq4wyLe

— TOP 7 ICO | #StandWithUkraine (@top7ico) September 26, 2024

Let’s look closer at the top Ethereum Layer 2 projects and their performance according to the current total value locked.

Arbitrum (ARB) and Base Leading the Chart: OP, BLAST, and MNT Following Closely

Arbitrum retains its rank as the Layer 2 ecosystem leader with a TVL of $14.3 billion. This solution provides scalability since transactions are moved from the main net to Layer 2 of the Ethereum network. Arbitrum’s TVL has increased by 3.05% within the week, and the fully diluted market capitalization currently sits at $6.21 billion, making it the largest Ethereum Layer 2.

Decentralized application platform Base which is developed by Coinbase, as an Ethereum Layer 2 solution, has a TVL of $7.02 billion. It has shown a spectacular 8.48 percent increase in its TVL in the last week. While Base has not disclosed its fully diluted market capitalization, it quickly became the second ETH Layer 2 solution in terms of TVL.

Following closely is Optimism, another well-established Layer 2 solution that secured $6.46 billion of TVL. This platform uses optimistic rollups to enhance Ethereum’s scalability.

A new platform in the market, Blast has achieved $1.56 billion in TVL and has increased in value by 4.58% in the last week.

Mantle and Scroll both hold a TVL of $1.28 Billion, putting them in fifth place; however, Mantle offers better privacy and zk-rollup scalability, while Scroll is built for private solutions and the scalable Ethereum experience for its users.

ZK is one of the leading active zk-rollup solutions at the moment, with its total value locked at $920 million. ZKSync improves Ethereum’s scalability through zero-knowledge proofs.

Linea and Starknet are lower in the chart with TVL of $809 million and $720 million, respectively. 

Lastly, Manta Network which provides Layer 2 solution for improved privacy has $597 million TVL and has increased by 12.1% in the last week. This puts its market cap at about $914 million, which shows the growing need for privacy products on Ethereum.

Wrap up!

Layer 2 solutions for Ethereum are significant when it comes to increasing its capacity and speed of transactions. The increase in the total value locked on these platforms shows just how valuable these platforms are in the current blockchain ecosystem. From Arbitrum to up-and-coming solutions like Blast and Starknet, Layer 2 solutions are the game changers that will determine Ethereum’s scalability.

In the dynamic realm of cryptocurrency, ICOs (Initial Coin Offerings) present a unique gateway for early involvement in promising new ventures, often at an enticing price point before their value potentially skyrockets.

But with an ever-increasing number of ICOs surfacing, pinpointing the most promising ones becomes crucial. Here’s a snapshot of the top five ICOs for 2024 that are creating a buzz, with BlockDAG commanding particular attention.

1. BlockDAG: The Dark Horse Making Strides

BlockDAG is rapidly emerging as a frontrunner in the crypto landscape, capturing the attention of investors and industry onlookers alike. It has successfully amassed a staggering $76.2 million in its presale, demonstrating robust market confidence. Currently, in its 23rd batch, BlockDAG boasts a price of $0.0192, reflecting a monumental 1,820% increase. To date, it has sold 13.1 billion coins, and nearly 12,400 miners have contributed $4.9 million in funds.

Adding a layer of intrigue, BlockDAG has recently inked a three-year, $10 million partnership with the German soccer titan Borussia Dortmund. This collaboration extends far beyond a typical sponsorship, tapping into Dortmund’s extensive global fanbase, thereby enhancing BlockDAG’s visibility and market traction.

This partnership is strategically positioned to boost BlockDAG’s market credibility and propel its presale achievements further. For those eyeing a robust ICO with genuine momentum, BlockDAG is a compelling choice.

2. Crypto All-Stars: Riding the Meme Coin Wave

Crypto All-Stars introduces an engaging twist to the crypto arena with its MemeVault, a platform where users can stake popular meme coins like PEPE, DOGE, and BONK, promising an impressive APY of 1,883%. Having raised $336,000 in its presale phase, this platform is rapidly gaining traction, appealing particularly to meme coin enthusiasts seeking lucrative rewards.

3. PlayDoge: A Nexus of Gaming and Earning

PlayDoge is carving a niche in the burgeoning play-to-earn sector with its innovative gaming ecosystem, where players earn $PLAY tokens through engaging with virtual Doge avatars. With more than $6 million already raised in its presale and tokens priced at $0.00528, PlayDoge merges entertainment with potential financial gain, offering a lucrative proposition for both gamers and investors.

4. The Meme Games: Blending Humor with Competition

The Meme Games offers a fresh take by integrating meme culture with the excitement of the 2024 Olympic Games. Since its recent launch, it has raised nearly $362,000. Participants can support their favorite meme athletes, like Pepe for France or DOGE for the USA, blending fun with the competitive spirit of the Olympics.

5. Shiba Shootout: Dueling in the Crypto Frontier

Shiba Shootout combines the allure of meme coins with the mechanics of play-to-earn gaming, where participants duel as gunslingers to earn $SHIBSHOOT tokens. With over $933,000 raised and a secure platform audited by SolidProof, it offers a community-driven space with an APY of 1,000% for stakers, promising substantial growth as more enthusiasts join.

BlockDAG: A Leader in the Making

While each ICO offers unique attractions, BlockDAG undoubtedly stands out with its strategic moves and substantial presale success. Its partnership with Borussia Dortmund and remarkable market performance position it as a leader in the upcoming crypto wave. 

For those seeking an ICO with potential for significant growth, BlockDAG is the prime candidate to consider in 2024, promising not just returns but a revolution in the crypto sphere.

Solana has emerged as the blockchain with the highest number of daily active addresses, outperforming other major tokens, including Bitcoin and Ethereum. According to the latest data, Solana recorded 3.04 million active addresses, indicating its growing traction in the blockchain space.

This chart shows the number of daily active addresses across major tokensWhich one are you bullish on? pic.twitter.com/QvxiFljo8Z

— IntoTheBlock (@intotheblock) September 26, 2024

According to IntoTheBlock, Toncoin and Tron are positioned as strong competitors in the market, with 2.89 million and 2.5 million active addresses, respectively. These figures highlight the increasing adoption of Toncoin and Tron’s ecosystems, which continue to attract a significant number of daily users. The high level of activity underscores the competitive landscape in blockchain usage beyond the traditional leaders.

Bitcoin and Ethereum Lag Behind Newer Competitors

Despite their longstanding presence in the market, Bitcoin and Ethereum are showing significantly lower numbers of daily active addresses. Bitcoin registered 779.65K active addresses, while Ethereum saw 417.9K. This disparity suggests that while these platforms maintain a strong market position, newer chains are gaining user activity, potentially driven by lower transaction fees, faster processing times, and emerging use cases.

Other notable blockchains, including Litecoin, Algorand, Dogecoin, and Avalanche, also showed varying levels of daily active address counts. Litecoin recorded 316.64K active addresses, Algorand had 79.85K, Dogecoin saw 44.19K, and Avalanche recorded 43.76K. These figures illustrate the broader diversity of blockchain activity across different networks, reflecting varying degrees of user engagement and adoption.

The data provides valuable insights into the current landscape of blockchain engagement, highlighting the increasing user activity in newer blockchains such as Solana and Toncoin. The numbers underscore a shifting dynamic in the blockchain industry, where innovative platforms are attracting more daily users, potentially due to advancements in technology and more attractive use cases. As the market evolves, the competition among these blockchains is expected to intensify, reshaping the future of digital asset interactions.

Ahead of the next bull cycle, market experts spotted some utility tokens with solid potential to rally high and make astronomical increases. Ripple (XRP) is touted to soar by up to 2,000%, Cardano (ADA) by up to 10,000%, and ETFSwap (ETFS) has the highest potential of up to 20,000% rise. Let’s analyze the potential of each of these cryptocurrencies to see why they are set to go on a parabolic run. 

ETFSwap (ETFS) Targets $2 From $0.03846 

ETFSwap (ETFS), the crypto token making a wave in the ETF space, is set to increase by 20,000%, rising from its current price of $0.03846 to $2. The token already has a bullish ongoing presale, which has raised over $4 million in only a few weeks, showing the huge market demand for ETFSwap (ETFS). This demand is unsurprising because the ETFSwap (ETFS) platform is a DeFi platform for trading real-world exchange-traded funds (ETFs) on the blockchain. 

With the ETFSwap (ETFS) DeFi platform, investors in the crypto community can now invest in the trillion-dollar ETF market without leaving the blockchain or using the services of traditional banks. Being the first crypto solution to offer access to the real-world ETF market, ETFSwap (ETFS) has recorded huge demand for its platform, and its presale token is selling out fast. 

As the ETFSwap (ETFS) platform is set to launch in a few days, the number of users waiting has grown to over 10,000. Many of these users are looking forward to using the perpetual trading feature of the ETFSwap (ETFS) platform, which will allow them long and short positioning to get up to 50x returns. The AI trading assistants, such as the ETF Screener and Tracker, are other features users also look forward to. These ultra-powerful AI tools are capable of collecting and analyzing trading data and can give accurate predictive analysis and investment recommendations. These features show why the crypto community is anticipating the ETFSwap (ETFS) platform launch. 

The listing of the native token of the ETFSwap (ETFS) platform is another thing the crypto community is anticipating, especially as its presale is in the final stage. When analyzing why the token is poised for a 20,000% increase in the next bull run, analysts mentioned the utility of the ETFSwap (ETFS) token as another factor for growth in addition to the market appeal of the platform. With ETFS tokens, investors can earn passively through staking, APR yield, and monthly airdrop rewards. And with major exchanges set to list the ETFSwap (ETFS) token, its journey from $0.03846 to $2 is within reach. 

Ripple (XRP) Looks to Hit $11 In The Coming Bull Market 

The recent Ripple (XRP) system update has caused it to rally after a series of legal troubles caused a decline. With the latest version of ‘Full History’ (FH) nodes, Ripple (XRP) addressed the issues with network stability. The Ripple (XRP) bullish sentiment increased with this system upgrade, recording a decent rise in the last seven days. Moreover, the Ripple (XRP) chart reveals a nearly 7-year compression that may be ending soon, which could lead to a massive rally. Ripple (XRP) may retest its all-time value of $3.4 and enter double-digit territory. In support of this, a crypto analyst also predicts a long-term price target of $10-$12 for Ripple (XRP)

Cardano Price Prediction 

Cardano (ADA) has enjoyed a bullish run in the last seven days, with an uptick of 12% following its ecosystem expansion. The expansion saw the crypto community choosing Cardano (ADA) over many other cryptocurrencies regarding technological advancement. Whale activities on Cardano (ADA) increased, too, with almost 300 million Cardano (ADA) tokens flowing into exchanges. With this, experts predict an up to 10,000% rise in the long term, pushing Cardano (ADA) from $0.3 to an all-time high price of $32 in the coming bull run. 

Conclusion

Ripple’s (XRP) 2,000% potential rise and Cardano’s (ADA) 10,000% are exciting, but ETFSwap’s 20,000% rise in the coming bull run is a mile ahead. Hence, now is the time to allocate more investment to ETFSwap (ETFS), which sells at just $0.03846 before its presale ends. 

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

Sovryn, a leader in Bitcoin decentralized finance (BTC-fi), has announced a significant partnership with B² Network, expanding its solutions into a new blockchain ecosystem. This collaboration aims to enhance liquidity and broaden asset offerings, creating exciting user opportunities on both platforms.

Sovryn Partners with B² Network to Expand Bitcoin DeFiWe are excited to announce our new partnership with @BSquaredNetwork, expanding our Bitcoin DeFi solutions to a new blockchain ecosystem. This collaboration will enhance liquidity, broaden asset offerings, and create new… pic.twitter.com/kWiHmhrzSZ

— Sovryn | DeFi for Bitcoin (@SovrynBTC) September 26, 2024

B² Network will launch a rewards program that provides daily B² token rewards for liquidity providers in Sovryn’s pools. Sovryn disclosed this strategic partnership through an X post stating how this collaboration will benefit the community in terms of liquidity, crypto offerings, and multiple opportunities in the crypto space.  B2 Network will employ the advanced AMM swap technology of Sovryn to expand in the DeFi space.

Sovryn to Enhance DeFi Functionality

Sovryn will integrate its advanced Automated Market Maker (AMM) swap functionality into the B² Network. This integration is expected to elevate the DeFi offerings on B² Network, enhancing liquidity provision and swap capabilities. Both platforms anticipate substantial growth, particularly for liquidity providers participating in Bitcoin, stablecoins, and ecosystem tokens.

The reward program is designed to motivate liquidity providers, distributing a daily pool of B² tokens. This initiative encourages user participation while fostering a robust ecosystem, allowing users to earn rewards while supporting platform growth. This structured reward approach will attract more Sovryn and B² Network participants.

Arwen, APAC Lead of B² Network, emphasized the mission to scale Bitcoin while maintaining its foundational Proof-of-Work security. This partnership aligns with Sovryn’s goal to tap into B² Network’s extensive Asian audience, enhancing engagement within untapped demographics. The unity between the two platforms aims to increase Total Value Locked (TVL), currently at $90 million for Sovryn.

Commitment to Quick Implementation

Both Sovryn and B² Network are committed to implementing this partnership quickly. Development teams are poised to deploy Sovryn’s offerings quickly to the B² Network, aiming to deliver these new DeFi opportunities to users without delay. As this collaboration unfolds, both platforms anticipate a boost in user engagement and overall platform value.

This partnership marks a significant step forward for both Sovryn and B² Network, enhancing the Bitcoin DeFi landscape. As new opportunities arise, users can look forward to a more robust ecosystem designed to meet their financial needs.

In the bustling crypto marketplace, the battle between meme coins and altcoins is more vibrant than ever. Meme coins, such as Dogecoin, infuse the market with a dose of fun and the chance for sudden, though often unpredictable, gains. Altcoins like Cardano and Solana, however, ground themselves in tackling real-world issues with robust technology backed by strong communities.

Amid these traditional categories, a compelling new contender is making waves—BlockDAG. This altcoin is setting the stage to eclipse both meme coins and its fellow altcoins in 2024.

1. BlockDAG: A Trailblazer in Blockchain Innovation

BlockDAG isn’t just making ripples in the cryptocurrency pond—it’s creating waves. Standing out as a pioneering Layer-1 blockchain, BlockDAG combines the reliability and scalability needed for future-proof digital finance solutions, far from the fleeting nature of meme coins. The real kicker? Its presale figures are through the roof—$76.2 million raised in its 23rd batch, with a price surge of 1820%, and 13.1 billion coins sold. These numbers aren’t just impressive; they signal a deep market trust and a burgeoning interest in what BlockDAG promises.

Additionally, with $4.9 million invested in nearly 12,400 miners, BlockDAG’s infrastructure is not only robust but also expanding, forecasting a future where it leads the blockchain charge.

What truly makes BlockDAG a gem in the crypto world is its commitment to accessibility. Designed for easy engagement, the platform welcomes newcomers with a low-code/no-code setup that simplifies token and NFT creation. This feature democratizes the power of blockchain, inviting innovation and creativity at all levels of technical expertise.

2. Cardano: The Intellectual’s Blockchain

Regarded as the blockchain of scholars, Cardano is built on a foundation of meticulous research and development. Launched by Ethereum co-founder Charles Hoskinson, Cardano stands out for its scientific approach to blockchain technology, prioritizing security and sustainability for its decentralized applications.

3. Dogecoin: The Meme Coin Icon

Dogecoin remains the quintessential meme coin. What started as a playful joke has blossomed into a crypto cultural icon, buoyed by an enthusiastic community and celebrity endorsements like Elon Musk. Yet, while Dogecoin excels in community spirit, its practical utility pales in comparison to more structured altcoins.

4. Solana: The Speedster of Blockchain Tech

Known for its blistering transaction speeds, Solana has carved out a niche as one of the fastest blockchains on the market, making it a favorite for applications needing quick and cost-effective transaction capabilities, particularly in the DeFi sector.

Why BlockDAG Dominates the Discussion

When weighing the pros and cons of meme coins against altcoins, BlockDAG emerges as a titan in the altcoin arena. It melds the advanced technology seen in platforms like Cardano and Solana with an intuitive interface that breaks down the barriers to blockchain technology. The phenomenal success of its presale—evidenced by $76.2 million raised and an 1820% price increase—speaks volumes about its potential and the market’s confidence in its trajectory.

BlockDAG is more than an altcoin; it’s a revolution in the making. With a focus on scalability, security, and user-friendliness, BlockDAG is poised to redefine the blockchain landscape. Whether you’re a novice in the crypto world or a seasoned veteran, BlockDAG represents a rare and valuable opportunity to be at the forefront of the next big wave in blockchain innovation. If a blend of real-world utility and the thrill of cutting-edge technology is what you seek, BlockDAG deserves your attention as the altcoin to watch in 2024.

The latest figures show the growth of decentralized exchanges (DEXs) in the crypto market and their trading volumes. Phoenix Group, a prominent crypto media platform, recently released a report showing that the total trading volume of these platforms reached $3.167 billion weekly, a 28.14% per week.

TOP #DECENTRALIZED EXCHANGES BY WEEKLY TRADING VOLUME #Uniswap #Pancakeswap #Aerodrome #Raydium #Orca #DODO #Curve #Camelot #ThorChain pic.twitter.com/we1d1iyK1K

— PHOENIX – Crypto News & Analytics (@pnxgrp) September 26, 2024

Uniswap Outperforming Other Decentralized Exchanges (DEXs)

The accumulation experienced in the Uniswap was overwhelming, as over $9.07 billion worth of total volume was realized in the dim days of last week. This volume demonstrates that Uniswap is well positioned across the broad spectrum of traders and liquidity providers in the DEX market. The total value locked (TVL) for Uniswap has reached $1.15 billion, showing sufficient users and liquidity inside the platform.

Pancakeswap follows closely behind with a trading volume of $5 billion and a TVL of $676.94 million. This performance reflects Pancakeswap’s strategy for engaging users and maintaining competitive liquidity. Additionally, Aerodrome reported a trading volume of $373.50 million, further emphasizing its rising status within the decentralized finance ecosystem.

Other notable exchanges contributing to the growth include Raydium, with a trading volume of $441.23 million, and Orca, which recorded a trading volume of $319.46 million. DODO and Curve remain key players, with weekly volumes of $154.40 million and $129.60 million, respectively. Camelot and ThorChain also play essential roles in the broader market, showcasing the diversity of offerings available in the DEX space.

Market Dynamics and Future Outlook

The increase in weekly trading volume illustrates a growing user preference for decentralized trading platforms. The overall market shows 18.82% dominance over centralized exchanges, reflecting a significant shift in trading habits among cryptocurrency users. As more traders opt for decentralized platforms, the DEX landscape will likely evolve, enhancing features and user experiences.

Meta Lion, an advanced media platform covering blockchain news, announced a strategic alliance with Orbler, a prominent platform empowering the community through innovations. By combining their forces, Meta Lion and Orbler aim to accelerate Web3 growth by employing community-driven growth strategies, staking, and offering missions or tasks to help the cause.

PARTNERSHIP ANNOUNCEMENT We're thrilled to announce our partnership with @Orbler1 Orbler is a dynamic Web3 marketing platform bridging Web2 audiences, offering missions, staking, and community-driven growth strategies.Let's dive into what this means#MetaLion… pic.twitter.com/qkMiEInjPy

— Meta Lion (@MetaLionVC) September 26, 2024

Orbler is expanding rapidly by collaborating with different FinTech firms to serve the community in a better and an advanced way. Now, through this collaboration, Meta Lion will strengthen its position in the Web 3.0 ecosystem. Meta Lion has announced this strategic collaboration through its official X account highlighting the significance of this collaboration in bridging Web2 and Web3.

Orbler Helps Meta Lion to Strengthen its Position Web3 Ecosystem

Orbler is known for its unique approach to merging Web2 and Web3 communities through growth-driven strategies. Now, Orbler is carving a way for Meta Lion to strengthen its position in the Web3 ecosystem by offering advanced user-friendly services. Through this collaboration, Orbler will enable Meta Lion to leverage these capabilities, driving deeper engagement and expanding its reach within the Web3 space.

Driving Web3 Adoption and Growth

This collaboration is of great significance as both Orbler and Meta Lion share the common goal which is to drive web3 growth and adoption. Meta Lion will have a chance to explore many Web3 and open opportunities for the crypto community.  Additionally, bridging the gap between Web2 and Web3 is of prime concern in this collaboration by offering a seamless experience to facilitate broader adoption of Web3 and blockchain technology.  

If you’re poised to make your mark in the crypto market, this is the moment to explore some of the most electrifying coins currently stirring up the scene. These cryptocurrencies aren’t just buzzing with innovative tech and robust community support—they’re redefining the boundaries of what digital currencies can achieve.

In this overview, we spotlight four cryptocurrencies that are absolutely unmissable right now, especially focusing on BlockDAG’s pioneering payment card, which is transforming digital currency transactions in daily life. Whether you’re drawn to the frontier of technological advancements, strong community dynamics, or simply the thrill of being part of the crypto revolution, these projects offer diverse and compelling gateways into the crypto world. Let’s explore why these cryptos are dominating headlines and why they might just be the missing pieces in your financial puzzle.

1. BlockDAG (BDAG): A Game Changer in Crypto Payments

BlockDAG is shaking up the crypto landscape with its trailblazing technology and staggering presale success, but it’s the BlockDAG Payment Card that’s truly capturing imaginations. Poised to bridge the gap between crypto and traditional finance, this card is redefining the ease of crypto transactions.

The BlockDAG Payment Card melds the utility of digital currencies with the everyday usability of a debit or credit card, fortified with top-tier encryption and security measures to safeguard your transactions. This card isn’t just about spending crypto; it’s about doing so securely and effortlessly, anywhere that traditional cards are accepted.

Moreover, the buzz around BlockDAG is backed by hard numbers: over $76.2 million raised, with a participation of more than 120,000 enthusiasts. With its price at $0.0192 and climbing—a colossal 1820% increase from its debut—analysts are forecasting a potential rally to $1 by the end of 2024. If you’re looking for a crypto with the potential for astronomical returns, BDAG is beckoning.

2. Avalanche (AVAX): The Speed and Scalability Front-runner

Avalanche is setting the pace as one of the fastest, most scalable blockchains in the market, renowned for its ability to handle thousands of transactions per second. It’s a powerhouse for developers keen on crafting cutting-edge decentralized applications and DeFi projects.

3. Dogecoin (DOGE): More Than Just a Meme

From its inception as a lighthearted meme, Dogecoin has ascended to become a crypto sensation, backed by a vibrant community and occasional nods from celebrities like Elon Musk. Dogecoin is proving that even coins born from humor can achieve serious valuation and community support.

4. Tron (TRX): Revolutionizing Entertainment

Keep your eyes on Tron, the crypto aiming to overhaul the entertainment industry by offering a decentralized platform where creators connect directly with audiences, sidestepping traditional media distributors. This not only amplifies creator earnings but also slashes consumer costs.

BlockDAG Leading the Charge

Amidst the exciting prospects of Avalanche, Dogecoin, and Tron, BlockDAG stands out with its groundbreaking technology, remarkable presale success, and vibrant community support. Poised for significant impact in the crypto sphere, the potential for BDAG to hit $1 by the end of 2024 represents a rare opportunity for exponential growth.

If you’re keen to capitalize on the next big wave in the crypto market, BlockDAG demands attention. This is more than just a moment—it’s a turning point. The prospects for BDAG are not just bright; they’re dazzling, offering early movers a chance at rewards that could redefine their financial horizons. Don’t let this moment pass; the future for BDAG shines brilliantly, and those who act now may reap the rewards that many will wish they hadn’t missed.

The bulls are in control in today’s session, as seen from the increase in the global market cap. The total cap stood at $2.25T as of press time, representing a 2.87% increase over the last 24 hours, while the trading volume also jumped by 20% over the same period to stand at $84.2B as of press time. 

Bitcoin Price Review

Bitcoin, $BTC, has posted gains in today’s session, as seen from its price movements. Looking at an in-depth analysis, we see that Bitcoin is testing the upper band, suggesting overbought conditions, but also indicating a strong bullish trend. A close above the upper band may signal continued upward momentum.

On the other hand, we see that the ADX (Average Directional Index) is at 23.17, suggesting a weak to moderate trend strength. However, if this value increases, it could confirm the continuation of the current bullish trend. Bitcoin traded at $65,085 as of press time, representing a 2.99% increase over the last 24 hours.

4-hour BTC|USD Chart | Source: TradingView Ethereum Price Review

Ethereum, $ETH, is also among the gainers in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that The lines are aligned in a bullish setup, with the green line above the red and blue lines, suggesting a buying opportunity.

On the other hand, we see that the Money Flow Index (MFI)is currently at 53.68, the MFI suggests that buying and selling pressure are balanced, leaning slightly towards the buy side. Ethereum traded at $2,655 as of press time, representing a 3.04% increase over the last 24 hours.

4-hour ETH/USD Chart | Source: TradingView Shiba Inu Price Review

Shiba Inu, $SHIB, is also among the gainers in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that the RSI is at 88.21, indicating extremely overbought conditions. The sharp upward movement suggests strong buying pressure, but caution is advised as RSI levels above 70 often precede pullbacks.

Looking at Moving Averages, we see that SHIB is trading well above the 50, 100, and 200 SMAs, reinforcing the current bullish momentum. Shiba Inu traded at $0.00001869 as of press time, representing a 20.63% increase over the last 24 hours.

4-hour SHIB/USDT Chart | Source: TradingView Ethena Price Review

Ethena, $ENA, is also among the gainers in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that the buy signal from the Supertrend indicator is maintained, reinforcing the uptrend. The current level at 0.3124 acts as a strong support.

On the other hand, we see that the Volume Oscillator shows increased buying volume, supporting the upward price action. Ethena traded at $0.3706 as of press time, representing a 17.95% increase over the last 24 hours.

4-hour ENA/USDT Chart | Source: TradingView Wormhole Price Review

Wormhole, $W, is also among the gainers in today’s session as also seen from its price movements. Looking at an in-depth analysis, we see that the Wormhole price is trading above the cloud, confirming a bullish trend. The conversion line crossing above the baseline further supports this outlook.

On the other hand, we see that the ADX is at 33.31 suggests a strong trend, and if it continues to rise, it will further validate the bullish momentum. Wormhole traded at $0.2933 as of press time, representing a 15.56% increase over the last 24 hours.

4-hour W/USDT Chart | Source: TradingView

Tonkeeper, the non-custodial wallet of the TON ecosystem, has reported an exclusive development. As per the reports, Tonkeeper has started supporting $HMSTR, a new token from the Web3 game named Hamster Kombat on Telegram, potentially permitting the consumers to recompense $TON transfer fees by using $HMSTR. This endeavor plays the role of a remarkable landmark for Tonkeeper as well as the wider TON ecosystem.

Tonkeeper Wallet Unveils Support for $HMSTR in Fees for $TON Transfers

Apart from $HMSTR’s introduction, the viral Telegram game Hamster Kombat allows the players to get yields. The game revolves around operating a virtual crypto exchange. Keeping that in view, the players are enthusiastically awaiting the earliest $HMSTR coin airdrop. The respective event is going to take place on the 26th of September. The Hamster Kombat developers have announced the allocation of sixty percent of the tokens for the game’s players. It offers sixty percent of the coins to the players as a huge incentive for game engagement.

Daniel Cawrey, the Chief Strategy Officer of Tonkeeper, commented on this initiative. As per him, the users can recompense the fees for $TON transfers with $HMSTR through the Battery feature of Tonkeeper. The respective feature is a system that the platform has abstracted from the consumer interface. It permits them to make transfers. When a consumer gets an airdrop in $HMSTR, they do not have any $TON. In such a case, Battery provides a solution.

Tonkeeper Battery  Feature to Release on the 1st October

The executive added that the users can refuel the Tonkeeper Battery by using cryptocurrency on $TON. As the executive puts it, they can also utilize the Google Play Store and the Apple App Store. In the words of the executive, most of the users of Tonkeeper are using Android devices. Nonetheless, the users cannot use $HMSTR until the 1st of the next month. At that time, the airdrop loads of $HMSTR will be reduced.

Cawrey mentioned that there are up to 34M per-month active consumers and 8M regular users.  Hamster Kombat enables the development of a crypto exchange. As of last month’s 6th date, Its gameplay largely involves tapping hamster images to get crypto in returns.

Blockchain is constantly expanding, so there is a growing need for seamless interaction between blockchains. Interoperability is emerging as a new challenge because each blockchain operates in isolation, thus creating barriers for users to trade assets across platforms easily. While blockchains like Bitcoin and Solana have made significant progress in their respective domains, the next step is bridging the gaps between these diverse ecosystems. Qubetics takes charge as a multi-chain platform that aims to redefine blockchain infrastructure by uniting leading networks into one Web3-aggregated ecosystem with unconventional strategies.

Will Qubetics Redefine the Future with Its Multi-Chain Strategy?

Qubetics is positioning itself as the world’s first Layer-1 Web3 aggregated ecosystem, built with a vision to unite major blockchains, including Bitcoin, Ethereum, Solana, and others. Qubetics’ mission is to create an interconnected, self-sustaining system capable of handling a high volume of transactions across multiple networks. Qubetics sets the stage for a unified and collaborative digital economy by integrating diverse blockchains.

Rather than relying on a single network, Qubetics provides access to various blockchains in a cohesive framework, ensuring that assets can be seamlessly transferred and shared across platforms. This multi-chain approach enhances the utility of individual cryptocurrencies and mitigates the risks associated with network congestion or limitations within a single blockchain.

How Does Qubetics’ Layer 1 Web3 Ecosystem Solve the Interoperability Challenge?

One of the critical issues that major networks like Bitcoin and Solana face today is the lack of interoperability with different networks. Most blockchains operate in isolation, preventing smooth data exchange. The Qubetics’ Layer-1, Web3 aggregated ecosystem enhances interoperability by easily connecting leading blockchains, enabling effortless communication and facilitating.

Through its Web3 architecture, Qubetics enables users to access these features without compromising the security or integrity of individual networks. This approach enhances the efficiency of blockchain operations and provides a more user-friendly experience for investors and developers alike. 

Why You Shouldn’t Miss Out on the Qubetics Presale?

The Qubetics presale launches on Friday, September 27th, 2024, benefitting participants by providing significant savings on $TICS tokens. If you’ve secured a spot on the whitelist by registering now, you’ll receive an email notification 48 hours before the presale begins, granting you early access to this limited-time opportunity. With the project’s potential for substantial growth and value appreciation, this presale could be a critical moment for your investment portfolio. 

Conclusion

Qubetics represents a significant advancement in the blockchain industry; the platform addresses the challenges of interoperability and fragmentation. By uniting leading blockchains into a cohesive ecosystem, Qubetics empowers developers, businesses, and investors to unlock the full potential of decentralised applications and services. To be a part of this innovative approach and have a strong potential for growth, save the date for the Qubetics presale. 

Don’t Miss Your Chance, Presale Launching Soon!

Qubetics: https://www.qubetics.com/

Telegram: https://t.me/qubetics 

Twitter: https://twitter.com/qubetics

Ethena Labs, operating in the decentralized finance industry, has recently released its latest product. The fiat-backed stable coin is known as the UStb. 

We are excited to announce Ethena's newest product offering: UStbUStb will be fully backed by @Blackrock BUIDL in partnership with @Securitize, enabling a separate fiat stablecoin product alongside USDeDetails below on why this is important: pic.twitter.com/jOIoMef7W3

— Ethena Labs (@ethena_labs) September 26, 2024

The news is posted on the official Ethena Labs Twitter Page, indicates that UStb will be fully backed by BlackRock’s BUIDL, which is a tokenized U.S Treasuries fund, with over $522 million in assets under management and powered by Securitize.

Key Features of UStb

Ethena’s existing dollar, USDe, has become 5th largest stablecoin, with a $2.6 billion circulating supply. UStb is designed to function in the same way as traditional stablecoins.

The Ethena team said ‘UStb would exist as a “wholly independent product,” offering an alternative and completely different risk profile compared to Ethena’s existing USDe stablecoin’ the team further included “If deemed necessary and appropriate by Ethena’s governance, during periods of negative funding rates Ethena will be able to close the hedging positions underlying USDe and re-allocate its backing assets to UStb to ameliorate related risks further.”

Ethena Labs’s new fiat stablecoin will compete with established fiat stablecoins such as USDC and Tether (USDT), which also use fiat collateral. However, the main strength of this new token is its links with BlackRock and Securitize, which is a rather reputable company in the financial world, so people trust it.

The Role of BlackRock and Securitize

The support of BlackRock is a strong foundation for the stablecoin UStb. The BUIDL-tokenised US Treasury fund is perhaps the most liquid and secure investment available. BUIDL ensures that Ethena Labs invests UStb reserves into US Treasuries through BUIDL, which will enable UDtb to be one of the safest and most liquid assets globally.

Securitize’s involvement in the launch of UStb suggests that the combination of traditional finance with blockchain is gaining more popularity. Another reason for Ethena’s cooperation with regulated digital securities like Securitize is also valuable for the company because it can minimize the infringement of legal standards for asset tokenization.

The Future

This is a significant step towards the integration of the traditional financial sector with the digital asset industry. As we have already seen, the stablecoin market is highly saturated. However, UStb has a competitive advantage in this space since it is backed by BlackRock and powered by Securitize.

Therefore, the launch of this new token means Ethena Labs is ready to take tokenized finance to the next level while offering a secure and fairly valued asset to its users across the globe. The partnership with BlackRock and Securitize shows that they are mentally preparing to bring credibility, security, and innovation to the increasingly popular space of decentralized finance.

Mawari Network, which has pioneered the next generation in the case of spatial computing, has accomplished a strategic funding round. According to Mawari Network, the platform has obtained a value of up to $10.8M in its latest strategic funding that 1kx, Borderless Capital, and Anfield LTD have led. These investors are joined by Parami Investors, Mulana Ventures, iAngels, Draper Dragon, Blockchange Ventures, Animoca Brands Japan, and Samsung Next.

Mawari Delivers Immersive Experiences by Using DePIN for 3D Content Streaming in Real Time

Operators from both the web3 and web2 markets are reportedly supporting the 7-year technological jump of Mawari in immersive experiences. In addition to this, they also support the bold vision of the platform to benefit from DePIN. Hence, they provide 3D content affordably and rapidly to devices across the globe. Mawari delivers the streaming of 3D content in real-time. Thus, devices concerning spatial computing, such as Meta Orion AR Glasses, Meta Quest 3, and Apple Vision Pro leverage web3 elements.

The respective elements include the use of DePIN to handle the restrictions of conventional centralized networks. Mawari has a unique position to resolve a key challenge in the case of the spatial computing sector. It intends to offer a scalable infrastructure regarding real-time 3D apps. Mawari commenced its operations back in 2017 and has since introduced a DePIN and the only complete-stack spatial computing forum. It enables decentralized compute as well as storage resources that take into account the optimization for VR/AR experiences.

Helium co-founder Sean Carey also commented on this initiative. As per him, Mawari’s team has been working on developing a real technology to offer an arsenal of jaw-dropping systems. Christopher Heymann, 1kx’s founding partner, also spoke on this. In his words, Mawari does not operate as just an early pioneer when it comes to spatial computing. It additionally stands among the 1st of the latest series of effective web2 businesses that harness decentralization and blockchain. Hence, its focus is on driving an improved consumer experience, efficiency, and innovation.

The Platform Intends to Keep Improving Spatial Streaming SDK and Investing in R&D

Mawari will utilize the funds that it raises to start exclusive markets. Its team will keep on improving the Spatial Streaming SDK thereof. Moreover, it will continue its investment in research and development to lead the competition in offering decentralized spatial computing.

GraFun, entering the memecoin market, has achieved a lot and is actively positioning itself as the fastest-growing memecoin. Since GraFun has highly impressive on-chain fundamentals and has many influential crypto backers, it is set to boast during the memecoin season.

GraFun numbers are awe-inspiring in terms of registrations and users. Research shows that it has over 3.7M on-chain registrations and more than $19M in user’s wallets, making it one of the leaders in newly-emerging memecoin niches. These numbers also show the increasing demand for the platform and the broader meme token category.

GraFun Is Backed by Crypto Giants

It is not the market’s love for meme coins alone that has contributed to GraFun’s high growth rate. Large industry participants also support it. The platform is backed by notable legends such as:

Floki Inu, which was originally an internet meme, is one of the most famous memecoin projects that has been embraced by the world of cryptocurrencies.

DWF Labs is One of the most reputed blockchain development companies with experience in diverse cryptocurrency projects.

Dexe Network is a decentralized social trading that has impacted different blockchain projects in the past.

HotDAO is an organization that’s operating autonomously and is popular for its increasing dominance in DeFi and meme tokens.

Memecoin Season Is Preparing For A Real Blast

GraFun will be integrated into the BNB Chain, the leading scalable blockchain network characterized by low transaction costs and high speed among the memecoin transactions.

Considering that GraFun is a new platform designed as a launchpad and is aimed at taking off and achieving success in the near future with such famous figures as industry leaders ready to provide support as well as numerous enthusiasts ready to join the project, GraFun definitely has an excellent potential for growth.

The dYdX Foundation has announced the integration of the famous Phantom Wallet. As per dYdX, the integration substantially enhances the accessibility of the DeFi protocol by introducing a simplified pathway to the large consumer base of Phantom to interact with dYdX. Hence, consumers can enjoy an unparalleled trading experience because of this integration.

dYdX Chain’s Collaboration with Phantom Facilitates More than 7M Users with a Simplified Trading Experience

As dYdX Chain mentioned, Phantom joins the roster of dYdX including the compatible non-custodial wallets. They take into account Keplr, OKX Wallet, Coinbase Wallet, and MetaMask among others. Apart from that, the integration provides a matchless consumer experience, with users now capable of linking Phantom wallets to the order book of dYdX. Additionally, they can also deposit $USDC tokens to commence trading on the platform. Moreover, the initiative enables accessibility of the ecosystem of dYdX for more than 7M potential consumers.

dYdX Foundation’s CEO “Charles d’Haussy” also commented on this development. As per the executive, this endeavor was a rational step after the integration of Raydium markets on Solana into dYdX. This reportedly permits the 7M consumers of Phantom to straightly access the DeFi protocol of dYdX for professional trading.

Phantom’s repute for streamlined web3 onboarding and user-friendly design aligns with the commitment of dYdX to DeFi accessibility. This integration is particularly in-time as it comes before dYdX Unlimited’s impending release. The respective upgrade reportedly plays the role of the most thorough upgrade up till now. This release will potentially revolutionize the capabilities of the protocol.

The Initiative Delivers More Trading Opportunities and Capital Efficiency

The upgrade will introduce virtually unlimited markets in terms of number. They include prediction and crypto-asset markets.  The implementation of an advanced liquidity pool backing markets that dYdX lists, enhances trading opportunities and capital efficiency. In addition to this, the latest endeavor provides consumers with comprehensive control over access to their wallets. Thus, it improves the security for those who trade on dYdX.

Moreover, as per dYdX Foundation, Phantom’s integration with the platform increases the overall trading experience. Along with that, it also sets a precedent for additional innovations in the realm of decentralized finance.

Bitcoin’s journey from a highly volatile digital asset to a more stable and mature financial instrument is being shaped by the introduction of Bitcoin Spot ETFs, according to new analysis from CryptoQuant. In a recent post by Kripto Mevsimi, the analyst highlights how Spot ETFs are influencing Bitcoin’s price dynamics and investor behavior, contributing to a more stable market environment.

How Spot ETFs are Shaping Bitcoin’s Maturation Process“What’s different now is the impact of Spot ETFs and the integration of traditional financial instruments, which seems to be smoothing Bitcoin’s volatility.” – By @KriptoMevsimi Full post https://t.co/7BcAe1JQiE pic.twitter.com/ip6iSqBdkO

— CryptoQuant.com (@cryptoquant_com) September 26, 2024

Transition to Long-Term Bitcoin Holders

The launch of Spot ETFs has resulted in a significant shift among Bitcoin holders, with many long-term investors gradually realizing profits and transferring their holdings to new owners. However, these new owners are not entirely new market participants—many of them are former Grayscale investors who are transitioning to Spot ETFs to take advantage of lower fees. This transition marks a crucial change in the Bitcoin market.

According to the analysis, many of these new holders are crossing the 155-day threshold on-chain, which categorizes them as long-term holders. This milestone is psychologically significant, as investors who hold their Bitcoin for more than six months are less likely to sell in response to short-term price fluctuations. As a result, the supply of short-term Bitcoin holders is declining, while the supply of long-term holders is on the rise.

Smoothing Bitcoin’s Volatility

Historically, Bitcoin has been characterized by sharp price movements and high volatility. However, the introduction of Spot ETFs and the integration of traditional financial instruments are helping to smooth out this volatility. Kripto Mevsimi notes that Bitcoin’s current price movements are less erratic compared to previous years, indicating that the asset is maturing.

The analysis highlights that the introduction of Spot ETFs and the integration of traditional financial instruments appear to be reducing Bitcoin’s volatility. This decreased volatility, according to the analysis, indicates that Bitcoin is evolving into a more mature asset, making it increasingly appealing to institutional investors looking for stability and predictability in their investments.

As per CryptoQuant, the trend toward stability and reduced volatility could transform Bitcoin from a speculative investment into a core component of institutional portfolios. As Spot ETFs gain traction and more traditional financial instruments are introduced into the crypto market, Bitcoin’s maturation process is likely to accelerate.

With new coins and technologies appearing every day in the cryptocurrency market, it’s essential to know which projects have real potential. Today, we’ll take a closer look at three promising ventures: MoonBag (MBAG), Base Dawgz, and PlayDoge. Each offers unique opportunities in the crypto market.

MoonBag is gaining attention with its well-planned presale and upcoming exchange listing, aiming for a secure position in space. Base Dawgz, with its Shiba Inu-inspired theme and multi-chain rollout, has had a successful presale and is preparing for its launch. Meanwhile, PlayDoge has seen rapid growth in the play-to-earn sector, making it an exciting prospect for both gamers and investors.

MoonBag’s Presale Strategy: Fueling Growth and Stability

MoonBag’s presale strategy is designed for long-term growth and success. A key part of this is dedicating 20% of the funds raised to liquidity, ensuring a stable coin supply for trading. This liquidity will be locked for two years after the launch, providing stability and reducing market volatility.

The project is also making a significant investment in marketing, with 75% of the funds allocated to awareness efforts. These include influencer collaborations, media campaigns, and community events to boost engagement and visibility. 5% of the funds will go toward operational costs, including platform development, legal compliance, and maintaining social media presence.

Currently, in stage 7 of its presale, MoonBag is priced at just $0.0005 per coin, having already raised an impressive $4 million. The upcoming listing on LBank on 11 October 2024 is set to further enhance its appeal to investors.

MoonBag Referral Lucrative Opportunity

One feature that truly sets MoonBag apart from its competitors is its influencer referral programme, which offers fantastic rewards for users who help grow the community. The concept is straightforward but highly effective: when someone uses a referral code to purchase MoonBag coins worth $25 or more, they get a 50% bonus in coins. This structure not only encourages new investors to join the presale but also gives an extra incentive to those actively promoting the project.

The referral programme tracks the total purchases made using each code, and at the end of each month, the top 20 referrers are rewarded with 10% of the total amount in MoonBag coins, based on the launch price of $0.003. For instance, if an influencer refers $10,000 worth of purchases, they’d be eligible for a $1,000 reward in MoonBag coins at the launch price.

Base Dawgz: Multi-Chain Launch and Strong Presale Results

Base Dawgz, a new Shiba Inu-themed token, is gearing up for its exchange debut on 4 September 2024 at 5 PM CET. With a presale that raised over $3.1 million, the coin will be listed at $0.008582. Investors can still purchase $DAWGZ at this price before it launches across multiple blockchains, including Base, Ethereum, Solana, BSC, and Avalanche.

The token’s broad utility is highlighted by its staking feature, offering an impressive APY. To ensure a smooth transition, staked coins will be locked for one week post-presale, providing a final opportunity to buy in at the presale price before its exchange debut.

PlayDoge: Play-to-Earn Success Story

PlayDoge has quickly made waves in the play-to-earn gaming space, seeing a 24% surge in price upon its recent exchange listing. During its presale, PlayDoge raised over $6.5 million, attracting a dedicated community of meme coin enthusiasts and crypto gamers.

The success of its $PLAY coin is backed by $550,000 in locked liquidity, ensuring a solid foundation for future growth. With its engaging play-to-earn model, PlayDoge is poised to capture more attention from both the gaming and cryptocurrency sectors.

Conclusion: 

As the crypto market continues to evolve, MoonBag, Base Dawgz, and PlayDoge stand out with their distinct strategies and growth potential. MoonBag’s transparent presale and strategic focus on liquidity and marketing offer a promising path to success, while Base Dawgz’s multi-chain launch sets it up for broad market impact. PlayDoge’s strong start in the play-to-earn arena signals great potential for future growth.

Whether you’re looking for structured presale opportunities, multi-chain functionality, or the next big thing in play-to-earn, these projects are worth keeping an eye on. MoonBag’s strategic planning and presale achievements, in particular, make it a standout in today’s competitive market. 

Don’t miss out on MoonBag’s presale—position yourself for substantial gains with a project designed for long-term growth and stability. Join the presale today and be part of MoonBag’s journey to the top.

Invest in MoonBag Presale

Presale: https://moonbag.org/presale

Whitepaper: https://moonbag.org/documents/whitepaper.pdf

Twitter: https://twitter.com/Moonbag_org

Telegram https://t.me/MoonBag_official

While some areas might be feeling the autumn chill, the cryptocurrency market is anything but cold. Amidst a bustling field of digital assets, four cryptocurrencies are particularly sizzling, commanding the spotlight and promising notable gains. For those dabbling in the market or seasoned watchers, distinguishing the gems from the merely shiny can be key. 

Here, we spotlight four cryptocurrencies that are not only hot but potentially transformative, with a special nod to BlockDAG—the name on everyone’s lips.

1. BlockDAG (BDAG): The Crypto Phenomenon Gaining Steam

BlockDAG is rapidly becoming a buzzword in the cryptocurrency circles, and for good reasons. Powered by its groundbreaking Directed Acyclic Graph (DAG) technology, BlockDAG is revolutionizing the market with ultra-fast transactions, scalable solutions, and robust security measures. But what’s truly stirring conversations is its astounding growth in the presale phase. Now in its 22nd batch, BlockDAG has garnered over $76.2 million, with its price soaring to $0.0192—an eye-popping 1820% increase from its debut. Attracting over 120,000 participants and selling close to 12,400 miners, BlockDAG is transitioning from an intriguing project to a major player.

And there’s more: market insiders are hinting that BDAG could reach the $1 milestone post-launch. With its innovative technology, vibrant community support, and dynamic growth, BlockDAG is arguably one of the most exhilarating cryptos currently. For those eyeing potential high-return projects, BlockDAG is a clear frontrunner.

2. Binance Coin (BNB): The Cornerstone of Binance’s Empire

Binance Coin is more than just a digital currency—it’s the cornerstone of the Binance ecosystem, the largest crypto exchange globally. Created initially to reduce trading fees, BNB has evolved into a multifunctional asset used for staking, transaction fees on Binance Smart Chain, and participating in token sales via Binance Launchpad.

3. Solana (SOL): The Speed Demon of Crypto

Solana remains a stalwart in the crypto community, revered for its blazing-fast transaction speeds and minimal fees. Engineered to manage the high traffic that baffles many other blockchains, Solana’s proof-of-history (PoH) consensus mechanism enables it to handle thousands of transactions a second. This makes it an ideal platform for decentralized apps (dApps) and DeFi projects seeking efficiency and scalability.

4. Cardano (ADA): The Sustainable Innovator

Cardano stands out for its commitment to sustainability, scalability, and rigorous research. It’s consistently one of the most stable gainers in the crypto market. Cardano’s proof-of-stake (PoS) system not only promotes energy efficiency but has also attracted attention with recent innovations like the Alonzo hard fork, which integrated smart contracts into its framework.

BlockDAG Captures the Limelight

While Solana, Cardano, and Binance Coin have been making their marks with recent gains, it’s BlockDAG that’s truly seizing the imagination of the crypto community. With its cutting-edge technology and significant presale momentum, BlockDAG is poised to make a substantial splash in the market.

For those in search of a cryptocurrency that promises significant returns, BlockDAG is the standout contender. With forecasts suggesting it might climb to $1 shortly after its official launch, now is an opportune time to consider this exciting opportunity. BlockDAG is at the forefront, beckoning those ready to be part of a thrilling crypto journey.

BORA has officially adopted the Kaia Consensus Liquidity (CL) protocol, a strategic move to enhance its business operations within the Kaia blockchain ecosystem. The CL protocol, recently introduced by Kaia, offers an innovative approach to improving liquidity and staking for participants, creating opportunities for the BORA token to thrive. Both BORA and Kaia shared this update through their official X accounts, highlighting the core objective of this strategic collaboration, which is to serve the community better.

Welcome @bora_ecosystem to the Kaia Consensus Liquidity Initiative! https://t.co/LOVca4rPOI

— Kaia (prev. Klaytn & Finschia) (@KaiaChain) September 26, 2024

Kaia Consensus Liquidity: A New Infrastructure for Blockchain Projects

Kaia Consensus Liquidity addresses users’ limitations when choosing between validator staking and liquidity provision. The CL protocol enhances utility and liquidity in the Kaia ecosystem by allowing simultaneous participation. Moreover, the CL protocol will form liquidity pairs with a third token, subject to approval through Kaia governance, making the system more robust and effective.

Adopting Kaia’s CL protocol provides several advantages for BORA. A key benefit is the potential increase in pool liquidity, as users are incentivized through staking rewards and transaction fees. This added liquidity will enhance transaction efficiency for BORA tokens. Additionally, part of the revenue generated through transaction fees will be burned, aligning with BORA 3.0’s deflationary model and boosting the token’s long-term value.

BORA’s Strategic Expansion within the Kaia Ecosystem

This integration is of great significance as BORA is the first project to test the new features of Kaia’s CL protocol. By integrating these new tools, BORA is well-positioned to collaborate with other token projects within the Kaia ecosystem. This move signifies BORA’s commitment to expanding its global business reach and developing new services beyond gaming.

With the adoption of the Kaia CL protocol, BORA has become the first project to explore these new features within the Kaia ecosystem. The company aims to expand further by collaborating with global projects using CL protocol infrastructure. The CL protocol will enhance the utility and liquidity in the Kaia ecosystem by allowing simultaneous participation. BORA plans to finalize the implementation by the end of this year, with a complete rollout scheduled for Q1 next year.