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US to Talk Crypto on July 9: Two Historic Sessions for Investors
The US Congress has turned its course to the cryptocurrency market following President Trump's comprehensive tax and budget package. On Wednesday, July 9, both the House of Representatives' Ways and Means Committee and the Senate's Banking Committee will hold important hearings on cryptocurrencies. On the other hand, "Crypto Week" is approaching. As will be recalled, House Speaker Mike Johnson declared the week of July 14 as "Crypto Week". Within this scope, bills on the structure of digital asset markets and stablecoins will be voted on.Crypto taxation on the tableThe session titled "Making America the Crypto Capital of the World: Ensuring Digital Asset Policy Fit for the 21st Century" to be held by the House of Representatives will attempt to clarify the framework for cryptocurrency tax policies. Although the witness list has not yet been shared with the public, it is expected that important topics that directly concern investors and developers will be discussed in the session. In particular, the taxation and declaration procedures of leading assets such as Bitcoin and Ethereum and stablecoins will be the subject of discussion.Sector giants to speak in the SenateThe Senate session titled “Building Tomorrow’s Digital Asset Markets” will be attended by familiar names from the sector. Blockchain Association CEO Summer Mersinger, Chainalysis CEO Jonathan Levin, Paradigm partner Dan Robinson and Ripple CEO Brad Garlinghouse will answer questions from Senate members. The Senate will address liquidity systems, custody solutions and the reserve structure of stablecoins in this session. It is aimed to clarify regulatory uncertainties that may especially interest institutional investors.CLARITY and GENIUS laws to be voted onBeyond July 9, July 14 is also eagerly awaited in the crypto field. Because on this date, two important bills will be voted on in the House of Representatives as part of Crypto Week: CLARITY Act and GENIUS Act. The CLARITY Act aims to determine which crypto assets are subject to which regulator by making a clear division of duties between the SEC and CFTC. This law could pave the way for large banks and institutional investors to enter the crypto market more strongly.The GENIUS Act provides a legal framework for stablecoins. This law, which passed the Senate in June, introduces regulations regarding the issuance and trading of stablecoins. If the bill is approved by the House of Representatives, banks, fintech companies and large retailers will be able to start offering stablecoin services. However, the fact that the bill was submitted to a direct vote by skipping the committee stages has drawn criticism from some segments.Although both bills initially received bipartisan support, they later faced serious objections from Democrats. The main reason for this was Trump and his family's close ties to various crypto projects and stablecoin initiatives. Democrats proposed amendments that would prohibit presidential candidates from making private crypto investments. However, these proposals were rejected by the committees, which are mostly Republicans.
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7 Jul 2025
What is DeXe (DEXE)?
DeXe is a comprehensive platform that allows users to establish their own decentralized autonomous organizations (DAOs), transparently manage community funds, and make collective decisions on the blockchain. Also known as a “social investment protocol,” DeXe has created a community-focused DeFi platform by allowing successful crypto investors to automatically copy their trading strategies to other users. In this way, it facilitates portfolio management and brings transparency to transaction processes, while the ecosystem’s native token, DEXE coin, plays a key role in the governance of the system. But of course, there is much more to it than this definition. Although the DeXe protocol started working on the Ethereum network, it has multi-chain support by design. The main purpose of the platform is to strengthen community-focused and decentralized decision-making processes in the DeFi space. To achieve this, DeXe combines the power of smart contracts running in the background with a user-friendly interface. Even users without technical knowledge can quickly create and manage their own DAO structures and make their decisions with on-chain voting thanks to DeXe. In this article, we will take a step-by-step look at how the DeXe protocol came about, its development process, why it is valuable, and the DeXe governance structure.Definition and Origins of DeXeDeXe is, in its simplest terms, a DeFi protocol that simplifies the process of establishing and managing a DAO. The protocol first emerged in 2020 and is part of the growing social trading (social investment) trend in the industry at the time it was born. Initially introduced as the DeXe Network, the project has gained fame as a decentralized social trading platform that makes it possible to automatically copy the transactions of successful cryptocurrency traders. In this way, a transparent and mutually beneficial environment was created between experienced investors and users who wanted to follow them. In essence, DeXe offered a collective investment experience by connecting user wallets and transactions through smart contracts without the need for a trusted third party.The purpose of the DeXe protocol is to increase transparency and efficiency in crypto asset management. The project aimed to eliminate intermediaries in portfolio management using blockchain technology and to provide users with an accountable, trackable investment environment. In short, the answer to the question of what is DeXe coin can be summarized as the governance token of the DeXe protocol. DEXE token holders have a say in the future of the platform and DEXE coin and can vote on updates or changes to the protocol. Although DeXe was launched on the Ethereum network, it was designed to be compatible with different blockchains over time. It has the potential to work on multiple networks thanks to its use of an infrastructure compatible with EVM (Ethereum Virtual Machine). Thus, DeXe aims to benefit from the security of Ethereum while also offering the speed and low cost advantages of other chains to the community. In terms of the establishment of the project and the developer team, DeXe set out with a vision of decentralization. DeXe Network was founded by a team consisting of names such as Ukrainian entrepreneur Dmytro Kotliarov and Yuriy Hotoviy, CEO of Billtrade. Based on his experiences in the cryptocurrency market, Kotliarov realized that there was a need for decentralized and transparent asset management tools and laid the foundations of DeXe in this direction. During the founding process, the team consisted of experienced developers in the field of blockchain and DeFi.DeXe History: Important MilestonesDespite its short history, DeXe has become a rapidly developing and constantly updating project. Here are the important milestones that the DeXe protocol has passed since its inception:2020: The project was officially launched and the DEXE token was released. The year 2020 was a starting point for DeXe. Following the token sale and listings in September 2020, the DEXE coin began trading on exchanges. The DeXe protocol initially launched on Ethereum and announced its vision as a “social investment platform.” Throughout the year, the project focused on developing core features related to blockchain-based portfolio management.2021: DeXe Protocol v1 was released, and the platform's first products were introduced to users. During this period, DeXe introduced innovative tools such as wallet-to-wallet copy trading. Thanks to the “Wallet Copy” feature, any user's transactions in their Ethereum wallet could be automatically tracked by another user. This enabled DeXe to contribute to the emergence of a new generation of social traders and took a significant step toward creating a democratic investment environment in the crypto world. 2021 also marked the beginning of DeXe's ecosystem expansion: The project team not only provided the community with free tools but also entered into collaborations with DeFi-focused side projects (e.g., the bot-blocking service 111PG and the trading terminal Kattana).2022: A year of transformation and expansion for the DeXe protocol. In 2022, the project began to evolve the experience it gained from its social trading roots toward the development and popularization of DAO tools. In this context, a series of tools and features were released that allow users to create their own DAOs without getting bogged down in technical details. For example, the DAO creation studio and governance modules operating under the DeXe protocol were launched during this period. Now, a community could create its DAO, issue its own token, and set voting rules with just a few clicks using the ready-made smart contract templates provided by DeXe. This year signaled that DeXe is not just an investment copying platform but also a comprehensive DAO creation and management protocol. From the community’s perspective, 2022 began to be referred to as DeXe’s “breakout year,” as the project team grew its user base by organizing events that increased community engagement, award-winning competitions, and programs that encouraged governance experiences. 2023: With updates made at the protocol layer, improvements such as multi-signature (multi-sig) wallet integration, advanced analytics dashboards, and a mobile-friendly interface were added to the DeXe dApp. In 2023, DeXe also entered into significant partnerships with other projects and protocols in the industry. For example, integrations and partnerships were established between DeXe and various DeFi platforms (the sharing of a common vision with projects such as SwissBorg was notable during this period). As a result, DeXe's ecosystem expanded, and the cross-chain management of community funds and interaction with different platforms became possible. Another important development in 2023 was the further growth of the DeXe community and the increase in the number of users participating in protocol management. Thousands of DEXE token holders were now participating in the project through different networks and voting in governance processes. 2024: The expansion of the governance infrastructure and the evolution of the project began. As of 2024, DeXe further developed the tools it offers to DAO founders and introduced advanced governance features. In this context, new concepts such as meritocracy-focused voting systems, delegation mechanisms, and reward distributions began to be implemented in the protocol. DEXE token holders could now delegate their votes to experts they trusted, allowing individuals with high levels of knowledge to play a more active role in decision-making processes on behalf of the community. In addition, incentive features such as reward distribution from the protocol treasury to those participating in on-chain governance voting were added. DeXe Protocol's smart contract library has grown to over 50, supporting a wide variety of scenarios. In 2024, the DeXe community reached a decisive position in decisions about the protocol's future. The project's association, the DeXe Protocol Association, established in Switzerland, acted entirely in accordance with the decisions made by the DAO, even while taking the necessary legal steps. DeXe's development roadmap is now largely shaped by community votes, and the core team has evolved into a position of implementing these decisions. The future of DeXe coin has also come to be determined by the community in parallel with this governance model. 2025: The DeXe DAO system reached a significant milestone by launching a multi-chain staking program on BNB Chain and Ethereum networks, totaling $8.5 million, as of January 14, 2025. The program introduced Staking Governance, which allows users to lock their tokens for different maturities (1, 3, 6, 12, and 24 months) to earn rewards while maintaining active governance power. This means users can continue to participate in on-chain voting with their staked DEXE tokens. A total of 526,250 DEXE tokens were allocated under the program; 500,000 of these were allocated to pools on BNB Chain and 26,250 to Ethereum pools. The smart contracts were audited by AmbiSafe. DeXe's current roadmap. Source: DexeNetwork/X Why is DeXe Valuable?For a DeFi project to be successful, it must be innovative and provide users with significant benefits and solutions. So, what are the features that make the DeXe protocol valuable? Here are DeXe's key advantages and the opportunities it offers:Easy DAO setupPerhaps the most valuable aspect of the DeXe protocol is that it makes the DAO creation process extremely simple. Traditionally, those who want to create a DAO need developers who can write smart contracts, lengthy preparation stages, and serious technical knowledge. DeXe changes this completely. Thanks to the DAO Studio interface on the platform, any user can create their own DAO structure with just a few clicks. No coding is required, and there’s no need to delve into complex technical details. For example, when you want to create a DAO with DeXe, a wizard guides you through the process step by step: you enter your DAO’s name, select parameters such as the quorum threshold and voting period, and if you want to issue your own token, you can do so with just a few clicks through the interface. All these processes are offered as a “no-code” experience. Thus, entrepreneurs, community leaders, or any group of people can launch a DAO without dealing with technical obstacles to bring their ideas to life. DeXe’s streamlined approach provides a practical answer to the question, “How do you set up a DAO?” Indeed, DeXe has reduced the process of setting up a decentralized organization to a matter of minutes (some users even report launching a DAO in under an hour using DeXe).Integrated voting systemThe DeXe protocol was designed with governance at its core from the very beginning. Decision-making processes within the platform are carried out entirely through on-chain voting mechanisms. What does this mean? When community members (i.e., DEXE token holders) vote on any proposal or decision, these votes are directly recorded and counted on the blockchain. The results are immutable, transparent, and publicly viewable. This fully realizes the decentralized decision-making process. DeXe also prioritized security when designing the voting system: Each DAO has smart contracts that manage its own treasury and can use a multi-signature wallet structure to control this treasury. A multi-signature wallet (multisig wallet) is a security model that requires multiple approvals for a transaction to take place. For example, if funds are to be withdrawn from a DAO treasury, and the digital signatures (approvals) of multiple designated administrators or board members are required, this is a multisig structure. By integrating this feature, the DeXe protocol ensures the secure management of community funds. This prevents a malicious actor from draining the treasury alone; decisions are implemented collectively. In summary, in DAOs established with DeXe, both voting is conducted transparently on the blockchain and fund management is secured through multi-signature approval mechanisms. DeXe Protocol DAO interface. Source: App.Dexe.io Modular and expandable infrastructureAnother element that increases the value of DeXe is the modular structure and flexibility it provides for developers and advanced users. The tools offered within the protocol can actually be thought of as a library. Because more than 50 smart contracts are ready to be used in different combinations. These contracts have various functions such as DAO creation, governance, treasury management, token sale (launchpad), delegation, and consul (advisory board). A developer or a community with special needs can build their own unique DAO structure by bringing together these modular parts of DeXe. For example, do you want a governance model different from the standard voting weight model? With components such as Consuls Contract and Delegation Contract in DeXe, you can establish a system based on meritocracy and giving more say to experts. Or will you have special rules in treasury management? With Treasury Contract, you can determine fund storage, locking and distribution rules. Thanks to this modularity, DeXe offers a flexible infrastructure that can meet the needs of communities of all sizes. Moreover, the fact that these smart contracts are open source is important in terms of gaining the trust of the community. It should be noted that the codes are open to independent auditing, and anyone who wants to can conduct security audits. From a developer perspective, DeXe is like a “DAO operating system”; it provides the basic services for you to build the applications you want on it. Different smart contracts on DeXe. DeXe also offers subgraph support so that developers and data analysts can easily access DAO data. This feature, which is explained in detail in its official documentation, allows DAO on-chain data to be queried quickly and structured via The Graph protocol. This provides developers with practical advantages in many areas, such as analyzing user behavior, tracking voting activities, or visualizing community interactions. DeXe architecture. Source: Docs.dexe Fair governance for communitiesThe ultimate goal of the DeXe protocol was to build a community-focused DeFi platform, and in line with this goal, every component of the system was designed according to the principles of transparency and fairness. Since all steps in the governance processes can be tracked on the blockchain, community members can clearly see the accounts of decisions made and expenses made. For example, when a development proposal is put to vote, information such as who voted, the total number of votes, and whether the proposal passed or not is recorded on the chain. In addition, DeXe aims to ensure fairness by adding innovative applications to its governance model. One of these is the reputation system: Models are being worked on that affect the voting power of members not only according to the amount of tokens held, but also according to the contributions made to the community. Thus, the perception that only "those with a lot of money have their say" in DAOs can be destroyed, and a system can be established where members who really work and contribute can have a say. DeXe's reward and incentive mechanisms are also valuable for the community. The platform can give DEXE token rewards to members who participate in governance votes or submit suggestions in order to reward active participation. The Power Between DeFi and DAOTo understand the value of DeXe, it is necessary to look at its positioning. The project is at the intersection of DeFi + DAO. In other words, while it deals with the basic elements of decentralized finance (asset management, staking, trading tools), on the one hand, it blends their management with a decentralized organizational structure. This dual nature gives DeXe a unique advantage. For example, when you create an investment pool with DeXe and want to earn returns, you can also make decisions on how to manage this pool together with DAO members. This means adding community control to decentralized finance transactions, which is a revolutionary approach in the world of finance. The DeXe protocol combines the financial freedom brought by DeFi with the democratic governance brought by DAOs, offering its users a fully autonomous and accountable platform. In addition, the concept of social investment protocols is also included in DeXe's scope; that is, an ecosystem has been created where users not only use a protocol, but also interact with each other and make collective investments. In this respect, DeXe is a representative of the “community-led finance” movement, one of the most exciting trends emerging in the crypto world. The protocol is in a strong position in this field with both its technical infrastructure and philosophy, and is a candidate to pioneer innovations that may emerge in the DeFi-DAO intersection in the future.Who is the Founder of DeXe?DeXe Network was co-founded by Ukrainian entrepreneurs Yuriy Hotoviy and Dmytro Kotliarov. Yuriy Hotoviy also serves as the CEO of Billtrade; he takes an active role in both DeXe's financial strategies and product development process. Dmytro Kotliarov, on the other hand, entered the sector with mining in 2016 and started working with this partnership to develop DeXe Network after observing crypto volatility.The duo laid the foundations of the project firmly by combining their different areas of expertise. However, as the project progressed, DeXe began to adopt a completely community-oriented governance model instead of a single leader. Decision-making is driven by user participation, and this is done through the DeXe DAO. So while the founding team still contributes, the real power now lies with the collective will of the DAO.Frequently Asked Questions (FAQ)Below, you can find answers to some frequently asked questions about DeXe:What is DeXe and what is its purpose?: DeXe is a protocol that makes it easier for users to establish and manage DAOs in the decentralized finance (DeFi) space. Born in 2020 as a social investment platform, it has focused on DAO infrastructures over time. It enables community management and decision-making processes to be carried out on the blockchain without the need for technical knowledge. Its aim is to provide a transparent and participatory governance experience.What does DEXE token do?: The DEXE token is the governance token of the protocol. Its owners have a say in the future of the platform by voting on proposals. It also has functions such as staking, DAO treasury management and special access. It works as an asset that produces value within the ecosystem.How to set up a DAO with DeXe?: With DeXe's interface, users can create a DAO in minutes without the need for technical knowledge. The DAO name, governance rules and token settings can be easily determined. The multi-signature wallet and voting system are then automatically integrated. The process is fast and user-friendly.How are on-chain votes performed?: When a proposal is submitted, token holders vote on the blockchain. Votes are recorded and concluded automatically in a completely transparent manner. The process can be completed in a few clicks thanks to the user interface. Decisions are implemented through smart contracts.What networks does DeXe work on?: DeXe is actively running on the Ethereum network. Since it is EVM compatible, it can be integrated with many blockchains. This allows users to set up DAOs on their preferred networks.What is the level of decentralization of the project?: DeXe is a highly decentralized project that has delegated its governance to the community. Decisions are made by the DeXe DAO through on-chain votes. Treasury management is done with multi-signature wallets and the protocol is open source. It has a community-focused structure.If you are planning to invest in DAO infrastructures or create your own community platform, check out JR Kripto's DeXe guide.
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7 Jul 2025
A New Era for Ethereum: Buterin Proposes EIP-7983
Ethereum co-founder Vitalik Buterin and researcher Toni Wahrstätter have submitted an important proposal for the Ethereum network: EIP-7983. This new Ethereum Improvement Proposal (EIP) aims to limit the maximum amount of gas that a single transaction can use to 16,777,216 (2²⁴). The primary goal of the proposal is to enhance network security, prevent denial-of-service (DoS) attacks, and strengthen overall network stability.New proposal for Ethereum network securityIn the Ethereum network, “gas” is a unit of measurement that represents the computational power required to execute a transaction. Just as cars run on fuel, transactions on Ethereum also run on “gas.” Users pay gas to execute smart contracts, transfer tokens, or perform transactions in decentralized applications. The amount of gas varies depending on how complex a transaction is; transactions that require more computational power consume more gas. Therefore, gas limits and fees on the Ethereum network are an important factor that directly affects both transaction costs and network security. Currently, a single transaction on Ethereum can consume the entire gas limit of a block. This situation allows malicious actors to send transactions large enough to slow down or even halt the system. With EIP-7983, this risk is greatly reduced. According to the proposal, transactions that exceed the gas limit will be directly rejected during the block validation process. This limit aims to increase transaction efficiency as well as security. Ensuring a more consistent transaction distribution on the Ethereum network will have a positive impact on network performance.A new step toward scalability with zkVM compatibilityAnother important benefit of the gas limit is that it increases compatibility with virtual machines based on zero-knowledge proofs, or zkVMs. zkVMs play a critical role in Ethereum's future scaling solutions. However, they can struggle to execute large transactions in parallel. Therefore, dividing transactions into smaller pieces supports the zkVM architecture and provides a more modular structure to the overall network design.The 16.77 million gas limit is not a randomly chosen number. Developers note that this value is high enough to support both today's common DeFi transactions and smart contract deployments, while also providing the necessary limits for network stability. Additionally, it is stated that the vast majority of current transactions remain well below this limit. Thus, the proposal will affect very few users or developers in practice.Of course, this change does not offer backward compatibility. In other words, if the proposal is implemented, transactions sent previously that exceed this limit will no longer be valid. However, developers argue that such edge cases are rare and will not cause a major problem in the system.EIP-7983 appears to be part of Vitalik Buterin's long-standing plan to “make Ethereum simpler and more modular.” The proposal is currently in draft form and open for review by the Ethereum community.
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7 Jul 2025
What is Bittensor (TAO)?
Bittensor (TAO) is an innovative blockchain project focused on decentralized artificial intelligence. In short, it can be defined as an open-source AI network created for training and sharing artificial intelligence models on the Web3 infrastructure. “TAO” is the native cryptocurrency of the Bittensor network. In response to the question, “What is the TAO coin?”, we can say that this token is at the center of the network's reward and governance mechanisms. Bittensor's vision is to remove artificial intelligence from the monopoly of large centralized companies and open it up to the contributions of the global community, creating a fair digital marketplace through artificial intelligence blockchain integration. In this guide, we will discuss the emergence of Bittensor, its history, how it works, and the details of the Bittensor project with an explanation of the TAO token.Definition and Origins of BittensorBittensor was launched in 2021 by the Opentensor Foundation team as a decentralized artificial intelligence network. The project's primary goal is to combine Web3 technology with artificial intelligence to enable participants worldwide to develop and share machine learning models. In this network, each participant contributes their artificial intelligence model or knowledge to the network and gains the opportunity to earn TAO tokens in return. Bittensor's emergence stemmed from the need for decentralization in the training and use of artificial intelligence models.How does Bittensor work? In summary, there are two types of nodes within the network: miners and validators. Miner nodes run AI models that perform specific artificial intelligence tasks (such as text generation, image recognition, or data processing). Validator nodes evaluate the results produced by miners and perform quality control. Through this interactive system, the Bittensor network creates a continuously learning and evolving artificial intelligence ecosystem while establishing a mechanism that fairly rewards everyone who contributes.One of Bittensor's visionary approaches is the goal of bringing Web3 and artificial intelligence together. The project enables the sharing of artificial intelligence models in an open market through smart contracts and cryptographic security on the blockchain. This approach provides an infrastructure that encourages information sharing and collective learning. This vision was detailed in the Bittensor white paper (technical document) published in 2021, laying the foundations for the concept of a decentralized AI network. In the same year, TAO, the native token of the Bittensor network, was introduced with a fair distribution model. TAO emerged as a token produced entirely through machine learning studies conducted on the network, without any pre-mining or private sales.To briefly answer the question of what is TAO coin, TAO is a cryptocurrency that serves as both a reward token and an access key on the Bittensor network. Thus, miners and validators earn TAO in exchange for their contributions, while users who hold TAO gain the right to use the network and access its services. The TAO token forms the economic foundation of the Bittensor ecosystem and is designed to increase in value over time as the “intelligence accumulation” of artificial intelligence within the network grows.History of Bittensor: Important MilestonesDespite its short history, the Bittensor project has shown rapid growth. The Bittensor project officially began in 2021. The project's technical document (white paper) was published, and the first network prototype was released. The Opentensor Foundation team introduced the TAO token as the local cryptocurrency to be integrated into the artificial intelligence network. In January 2021, the first Bittensor network was launched under the code name “Kusanagi,” and miners and validators began working on this network. However, due to consensus issues that arose in the early stages, this first version was discontinued shortly thereafter. Then, in November 2021, the network was relaunched with various improvements under the code name “Nakamoto,” officially marking the launch of Bittensor's main network.The year 2022 stood out as a period of maturation for the Bittensor network. As the network's development process continued, the idea of decentralized artificial intelligence began to attract more attention within the crypto community. Throughout the year, significant increases were observed in both the number of users joining the network and community engagement. TAO token production continued solely through in-network rewards and was still traded in limited quantities on external markets.2023 was a major turning point for Bittensor. In January, the “Finney” test network was launched, where subnet structures and delegation (staking) mechanisms were tested. In March 2023, the main network was upgraded to the Finney version, enabling performance improvements and higher scalability. In October, subnets were officially integrated into the main network, allowing users to create their own subnets with incentive structures focused on specific AI tasks. In the same year, the TAO token began listing on centralized exchanges. In March, MEXC became one of the first exchanges to list TAO, and later platforms like KuCoin also opened TAO trading. These developments enabled TAO to reach a broader investor base. Bittensor’s subnet process. Source: Learnbittensor In 2024, the Bittensor network showed significant growth and began to gain more mainstream adoption. Over 50 active subnetworks were formed on the network, focusing on different AI tasks such as text generation, image creation, data mining, and music production. As of December 2024, there were 250 validators managed by 173 different users and a total of 11,856 miner nodes belonging to over 2,700 users active on the network. The TAO token began trading on larger exchanges this year and gained significant liquidity and visibility thanks to its listing on Binance in April 2024. With all these developments, Bittensor has emerged as a leading AI-focused crypto project both technologically and economically.Why is Bittensor Valuable?The Bittensor project is attracting interest from both tech enthusiasts and crypto investors. So why is Bittensor valuable? Here are the key factors that make the project unique:Decentralized and fair reward mechanismThe Bittensor network offers a decentralized reward system to incentivize AI model training and services. Unlike traditional centralized AI platforms, every node contributing to Bittensor earns rewards proportional to its contribution. In other words, the more valuable work you do on the network, the more TAO tokens you are rewarded with. This mechanism creates a fair competitive and collaborative environment among participants. The answer to the question “How does Bittensor work?” lies in this reward system: Miners focus on producing useful responses, while validators select the best contributions; ultimately, the entire network benefits.TAO token incentives, halving, and economic modelBittensor's native cryptocurrency, TAO, is both the network's reward and governance token. Miners and validators earn TAO for their work, while subnetwork founders are also rewarded with TAO at certain rates if they successfully operate a network. The TAO token is designed to have a maximum supply of 21 million and is continuously issued at a rate of 1 TAO per block every 12 seconds; approximately every 4 years, this issuance amount is halved (similar to Bitcoin’s “halving”). This allows for high rewards to be distributed in the early stages to grow the network, while gradually slowing down the supply increase over time to preserve the token's scarcity and value. TAO's economic model is entirely transparent and community-focused: there is no pre-mining, private sales, or team-allocated tokens; all tokens are earned by those contributing to the network. This simple and fair tokenomics structure is a key factor in building investor confidence. Bittensor's halving plan. The 6th halving is expected to occur in 2045. Source: Bittensor/Blog An open network based on information sharingAnother aspect that makes Bittensor valuable is that it creates an ecosystem where artificial intelligence models and knowledge are openly shared. Each participating node contributes its own model or data to the network, thereby expanding the collective intelligence pool. As a result, the network becomes a collective artificial intelligence marketplace that is not controlled by a single central authority. For example, when a user asks a question or submits a task to the Bittensor network, miners capable of generating the best response are activated; validators evaluate these responses, and high-quality answers are rewarded with TAO. This cycle creates an environment where everyone can contribute to knowledge and receive compensation in return. As a result, Bittensor truly embodies the concept of an “open-source AI network.” The code is open, data and models (within certain limits) can be shared, and everyone can contribute to improving the network.The convergence of Web3 and AIBittensor uniquely combines Web3 and artificial intelligence in the crypto world. It applies the blockchain innovations we see in decentralized finance (DeFi) or NFT areas to the field of artificial intelligence. In this regard, Bittensor is considered one of the pioneers of the growing AI-crypto intersection. By integrating AI models into the blockchain, it lays the groundwork for the emerging trend of “tokenizing AI productivity” in the future. Currently, Bittensor has become one of the largest AI-focused crypto projects in terms of market cap, and the “Bittensor coin future” is seen as bright by many investors. Of course, this expectation will depend on the project successfully achieving its technological goals. However, considering the potential at the intersection of AI and blockchain, Bittensor is considered to appeal to a large market in the long term. The diagram above clearly shows the general architecture of the Bittensor network. At the top is the Application Layer, where external users access AI services on the subnets. In the middle are the subnets, referred to as the Execution Layer. Each subnet is specifically designed for a particular AI task; miners (yellow) run the relevant model within the subnet, while validators (green) evaluate the miners' output. Subnet owners (creators) determine the incentive mechanism and rules. TAO rewards generated within a subnet are typically distributed as follows: 41% to miners, 41% to validators, and 18% to the subnet owner. The Root Subnet (Subnet-0), to which all subnets are connected, acts as a Funding Layer in the upper layer; here, 64 validators comparatively evaluate the performance of the subnets and determine how much TAO emission will be allocated to each subnet using the Yuma consensus algorithm. At the bottom is the Blockchain Layer (Subtensor chain), which is a Polkadot Substrate-based private blockchain that records all transactions and issues TAO tokens.Who is the Founder of Bittensor?The Bittensor project was developed by a team called the Opentensor Foundation. The names behind the project have been transparently shared with the public. The co-founders of Bittensor are Jacob Robert Steeves, a former Google engineer, and Dr. Ala Shaabana, a researcher specializing in machine learning. Founded in 2019, the Opentensor Foundation officially launched the Bittensor network in 2021, turning its Web3-based artificial intelligence vision into reality.The founding team consists of experienced names in the fields of blockchain and artificial intelligence. Jacob Steeves, who gained engineering experience at Google and saw the limitations of centralized systems, leads Bittensor. Ala Shaabana is a scientist who has conducted academic research on machine learning and strengthens the AI side of the project. It is known that there are more than 30 team members within the Opentensor Foundation, and the vast majority of them are focused on engineering and research.Since Bittensor is an open-source project, it is open to contributions from the global community outside of the founding team. The project's code on GitHub can be reviewed and developed by anyone. This community-focused approach reflects the founders' vision of “digital public benefit.” In other words, Bittensor is seen as a platform that aims to be a shared value for global internet users rather than a product belonging to a few founders or companies. The founders' goal is to make artificial intelligence an infrastructure that everyone can access and contribute to, much like open internet standards. In this regard, project management is based on transparent management principles. As mentioned above, important decisions and updates are shared with the community for discussion, and token holders can participate in governance processes.Frequently Asked Questions (FAQ)Below, you can find frequently asked questions about Bittensor:What is Bittensor and what is its purpose?: Bittensor is a decentralized artificial intelligence network developed for training and sharing artificial intelligence models on an open platform. The main goal of the project is to create a blockchain-based AI marketplace as an alternative to closed AI systems controlled by large technology companies. This allows independent developers or small teams to offer their models on a global network and earn rewards, while users can benefit from this collective intelligence. Bittensor was launched in 2021 by the Opentensor Foundation and aims to bring innovation to AI with a Web3 approach.How does the TAO token work, and how can it be earned? The TAO token is the native cryptocurrency of the Bittensor network and serves for rewards and governance within the network. The primary way to earn TAO is by contributing to the network as a miner or validator node. As a miner (running an AI model), if you complete specific tasks in subnets and produce high-quality results, you receive a share of the TAO rewards generated per block. Similarly, as a validator, you can earn TAO rewards by evaluating miners' work and selecting the best ones. A total of 1 TAO is minted with each block produced, and this reward is distributed among miners and validators in the system (e.g., 50/50). Thanks to Bittensor's Proof of Intelligence consensus mechanism, token distribution is based on the information value provided by the models. TAO tokens can also be earned through staking: by delegating (staking) your TAO tokens to trusted validators on the network, you can receive a share of the rewards they earn. The total supply of TAO tokens is limited to 21 million, and the reward issuance rate is halved approximately every 4 years.Is the Bittensor network secure? The Bittensor network ensures security through blockchain technology and innovative consensus mechanisms. The Subtensor blockchain, which forms the foundation of the network, is an independent layer-1 chain built using Polkadot's Substrate SDK. All transactions and token balances are cryptographically secured on this blockchain. On the consensus side, Bittensor uses a proprietary algorithm called Yuma consensus instead of classic PoW or PoS; this algorithm achieves consensus in reward distribution based on the principle of validators voting on miners. The Yuma consensus is designed to be resistant to malicious behavior on the network (it will function correctly even if up to 50% of the network is malicious). The open-source nature of Bittensor's code is an added security benefit—developers worldwide can review the code and identify any issues. On the other hand, it is known that in the early stages of the project, the Subtensor blockchain is controlled by the Opentensor Foundation (with Proof-of-Authority validators). While this technically requires an element of trust, the goal is to fully transfer management to the community as the network matures. To date, there have been no notable attacks or security breaches on the Bittensor network. However, as with any young blockchain project, security risks are always present for Bittensor.What is the difference between Bittensor and centralized AI platforms? There are many differences that distinguish Bittensor from centralized AI platforms such as OpenAI. The most fundamental difference is that control and access are distributed. In centralized AI platforms, model training and services take place on a single company's infrastructure; data and models are typically kept closed. In Bittensor, however, the network is completely decentralized, with no single authority holding all the control. This allows individuals and organizations worldwide to join the Bittensor network and either provide or use AI models. The second key difference is the incentive structure: On centralized platforms, researchers or engineers are typically compensated for their work through salaries or contracts, while users pay for the service but gain nothing beyond the output they receive. In the Bittensor model, everyone who contributes to the network earns crypto rewards. The main difference lies in transparency and access: Bittensor is open-source, and network data is transparent on the blockchain, whereas centralized platforms may be closed-source, and users may not know how the model works. Additionally, models on the Bittensor network are accessible to token holders (for example, you can ask questions and receive answers by staking or spending TAO), which provides a form of open AI service.What does Bittensor promise for the future? The future of the Bittensor project and the TAO coin is attracting attention with the growth of the artificial intelligence field. First, as the Bittensor network continues to grow, more specialized subnets are expected to emerge. In the future, specialized subnets focused on areas such as text generation, machine translation, autonomous vehicle visual perception, and bioinformatics could operate under the Bittensor umbrella. In fact, major language models such as ChatTensor and Bittensor Language Model (BTLM), which were introduced in 2023, have already started to be run on the network. In the future, the number and variety of these models may increase and Bittensor may become a kind of “AI App Store” or “AI marketplace”. Secondly, Bittensor’s management may be completely transferred to the community and evolve into a DAO (Decentralized Autonomous Organization) structure. Thus, TAO owners will have even more say in the future direction of the network. Thirdly, there are promises of technological scaling: Thanks to its subnet architecture, Bittensor has gained a structure that can increase the number of participants and transaction volume to very large dimensions. In the coming years, it has the potential to become an “internet-wide” AI network with hundreds of subnets and tens of thousands of participants. However, as with any cryptocurrency investment, it would be best for each investor to act in line with their own research.Don't forget to follow JR Kripto guides for more information on Bittensor and Web3's projects where AI intersects.
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7 Jul 2025
CoinShares: Institutional Money Inflow Increases in Bitcoin, ETH and 5 Altcoins
According to the latest report published by CoinShares, cryptocurrency investment products recorded a net inflow of $1.04 billion last week, completing the 12th consecutive week of positive growth. With this increase, the total amount of assets under management (AuM) in digital assets reached an all-time high of $188 billion. The weekly trading volume was recorded as $16.3 billion; this figure is very close to the weekly average for the entire year.USA leads in regional distributionWhen looking at the regional distribution of fund inflows, the US stands out by far with a contribution of $1.025 billion. Germany and Switzerland were the second and third countries in the ranking with $38.5 million and $33.7 million, respectively; Canada experienced an outflow of $29.3 million and $9.7 million, respectively. The outflows in Canada and Brazil in particular reveal differences in regional investor sentiment.Bitcoin inflows slowed, ETH shinesBitcoin-focused investment products saw an inflow of $790 million on a weekly basis. Although this figure is high, it indicates a slowdown when you consider that an average of $1.5 billion inflows have been recorded in the last three weeks. It is thought that investors are being cautious as Bitcoin approaches its historical peaks.Ethereum, on the other hand, attracted attention with an inflow of $226 million. This means the 11th consecutive week of positive inflows for Ethereum. During this period, a total of nearly $3 billion inflows were recorded in Ethereum. More importantly, the average weekly inflow to Ethereum products during this period corresponds to 1.6% of AuM. This rate is twice as much as Bitcoin's 0.8% rate in the same period. In other words, we see that investors' interest in Ethereum is rapidly increasing. Remarkable movement in altcoinsThere were also notable developments on the altcoin side. Solana (SOL) stood out with a weekly inflow of $21.6 million. XRP recorded an inflow of $10.6 million; Sui recorded an inflow of $1.6 million. Other assets such as Chainlink ($0.5 million), Cardano ($0.4 million) also attracted investor attention. Litecoin did not record any inflows or outflows at the beginning of July.In contrast, multi-asset products experienced a weekly outflow of $12.4 million, while products for some altcoins in the "other" category saw a limited inflow of $2.8 million. This category has experienced an outflow of $504 million since the beginning of the year.Grayscale has an outflowGrayscale closed the week with a negative outflow of $46 million. This situation is associated with the company's corporate restructuring and falling volumes since late 2024. In addition, as we reported recently, the U.S. Securities and Exchange Commission (SEC) first accepted and then suspended Grayscale's request to convert its Digital Large Cap fund, which includes many altcoins, into an ETF. CoinShares' own product, XBT Provider AB, also experienced an outflow of $19 million.
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7 Jul 2025
What is Lido DAO (LDO)?
Lido DAO is a decentralized staking protocol that offers liquid staking services on various blockchain networks, primarily Ethereum. This means that users do not lose the liquidity of their assets when staking them; they can participate in the network's Proof of Stake validators even with small balances, without needing large amounts such as 32 ETH. Lido produces tokenized representative assets at a 1:1 ratio in exchange for the deposited assets. For example, a user who stakes Ethereum through Lido receives a token called stETH, which represents the value and yield of the staked ETH. This allows the Lido protocol to enable users to stake their crypto assets without locking them up.The stETH tokens they receive are designed to always be equivalent to 1 ETH, and users can exchange them at any time, use them in other protocols, or convert them back to ETH. In short, liquid staking means earning staking rewards while maintaining the liquidity of staked assets. Lido DAO provides exactly this, offering a decentralized staking service (decentralized staking service).The Lido protocol was launched in 2020 and was created to solve some of the limitations introduced by the Ethereum 2.0 network. In the Beacon Chain phase of Ethereum (ETH 2.0), there were difficulties such as a minimum staking requirement of 32 ETH, technical knowledge requirements, and the inability to withdraw staked funds. The Lido team developed the concept of liquid staking as a solution to these issues.Let's take a closer look at this innovative cryptocurrency and explore questions such as what LDO token is and LDO coin's future.Definition and Origins of Lido DAOLido DAO is an innovative DeFi protocol that essentially provides “staking and liquidity integration.” For users seeking an Ethereum staking solution, Lido allows them to stake their assets on the Ethereum network while remaining liquid. Staking refers to users locking their assets into a blockchain for a certain period of time to contribute to the network's security and earn rewards in return.The protocol was first launched in December 2020, shortly after the Ethereum 2.0 Beacon Chain went live. At its inception, it aimed to solve some of the problems encountered on the Ethereum network: in the classic staking method, users had to lock up a high amount such as 32 ETH and could not access these assets during that period. Additionally, running one's own validator node required technical knowledge and infrastructure. Lido introduced the concept of liquid staking to overcome these obstacles.So, how does Lido work? When users deposit Ethereum (or other supported coins) into Lido's smart contract, the smart contract distributes these funds to trusted validators selected by the protocol. In return, the user is given a representative token such as stETH. This token represents the amount the user has staked and the staking rewards accumulated up to that point. Thus, the user can participate in the Ethereum network's validators and earn staking returns while continuing to trade in the DeFi ecosystem with their stETH token. Staking process in Lido DAO. Source: Lido DAO The innovative aspect of the Lido protocol is that it offers a decentralized staking service. In other words, Lido pools user funds and distributes them to multiple validators in the background. These validators are actually reliable and experienced node operators selected by the Lido DAO community. The protocol is completely open source and its smart contracts have been audited. The smart contract code can be reviewed by anyone and has passed independent security audits. Thanks to this transparent structure, users have significant assurance regarding the security of the protocol when depositing funds into Lido. Lido's liquid staking model has brought great convenience to those who stake on networks such as Ethereum: let's answer the question “What is stETH?” in this context. stETH is a token issued in exchange for Ether staked on Lido and is pegged to 1 ETH. As a stETH holder, users continue to earn staking rewards on the Ethereum network and can sell stETH at any time, exchange it for another coin, or use it as collateral in DeFi protocols. This eliminates the liquidity loss issue experienced in traditional staking. Working principle of stETH. Source: Lido DAO There is no single founder behind Lido DAO, which emerged in 2020. Lido DAO was founded in 2020 by Konstantin Lomashuk, Vasiliy Shapovalov, and Jordan Fish. The project was brought to life with the support of investors such as Semantic VC, ParaFi Capital, and StakeFish. The founders are experienced names in the Ethereum and DeFi fields: Lomashuk worked at Parity Technologies, while Shapovalov worked at P2P Validator. Jordan Fish is known for his podcast called “UpOnly.” Many well-known names and institutions also contributed to the establishment of Lido. For example, the $2 million seed funding round in December 2020 was attended by funds such as Semantic Ventures and ParaFi Capital, as well as industry leaders such as Rune Christensen, founder of MakerDAO, Stani Kulechov, CEO of Aave, and Kain Warwick, founder of Synthetix. This collective effort enabled Lido to be born as a community-focused, non-profit organization. Subsequently, the project quickly transitioned to a DAO model, transferring management entirely to the community. In other words, Lido is not managed by a few founders, but by a broad group of LDO token holders. Through on-chain governance mechanisms, every decision in the Lido DAO is made through community voting, and rules are enforced via smart contracts.History of Lido DAO: Important MilestonesSince its inception, Lido DAO has grown rapidly and achieved significant successes in the DeFi space. Here are some important milestones in the history of Lido DAO:2020: Immediately following the launch of Ethereum 2.0 Beacon Chain, the Lido protocol went live in December 2020. The first version allowed users to receive stETH in exchange for locked ETH, thereby adding liquidity to the Ethereum staking process. Lido DAO was also founded and received its initial funding this year. This is because the protocol emerged as a solution to inefficiencies in Ethereum staking. Lido and ETH liquid staking integration. Source: Innovation Law 2021: The Lido team focused on DeFi partnerships to accelerate the growth of the protocol. In particular, incentive programs were launched on Curve Finance to provide liquidity for stETH. This allowed stETH to remain close to 1 ETH in value, while users were able to trade with low losses through stETH/ETH pools. In the same year, Lido's governance token, LDO, was officially launched, and the first DAO votes were held. With the distribution of the LDO token, protocol governance began to be transferred from the core team to the community. By the end of 2021, Lido announced plans to expand beyond Ethereum to other networks.2021-2022: Although Lido DAO started with a focus on Ethereum, it quickly began to expand to other popular Proof of Stake networks. In September 2021, Lido integration (stSOL) for the Solana network was launched (later, in 2023, this integration was terminated by a community vote). Then, in November 2021, stMATIC was launched for the Polygon network (closed in 2025). In 2022, Lido began offering its liquid staking service for Polkadot (stDOT in May 2022, later discontinued) and its canary network Kusama (stKSM in February 2022). With these expansion steps, Lido has become a multi-chain liquid staking platform. It also expanded its user base by offering liquid staking products in ecosystems such as Solana and Terra (the stLUNA service on the Terra network was discontinued in mid-2022 due to issues within the Terra ecosystem). 2022 will be remembered for Lido not only for its multi-chain support but also for its tremendous growth: Lido became the largest staking provider on Ethereum, representing over 25% of the total staked ETH on its own. This demonstrated Lido’s dominance in the Ethereum staking market achieved in just two years.2023: The Shanghai (Shapella) update implemented by the Ethereum network in April 2023 made it possible to withdraw staked ETH from the network. Following this critical update, the Lido protocol also updated its structure, introducing features that allow users to convert their stETH to ETH and withdraw it. The Lido v2 update, launched in May 2023, brought two major improvements to the protocol's core operations: a new modular infrastructure called Staking Router and a withdrawal feature for stETH. The Staking Router made Lido's validator registration system more flexible and modular, enabling greater diversity in validator participation on the network, thereby increasing decentralization and expanding the pool of trusted validators. With the withdrawal feature, users can now withdraw their locked ETH from Lido at a 1:1 ratio after a certain waiting period. These developments have turned Lido into a fully functional staking platform. Users can now lock any amount of ETH and receive stETH in return, and if they wish, they can exit later and retrieve their Ether. 2023 was also a period when the stETH token became firmly established in the DeFi ecosystem. Many major DeFi protocols began integrating stETH and accepting it as collateral. For example, the Aave protocol listed stETH as both collateral and a debt asset in the Ethereum market. This allowed users to deposit their stETH into Aave and borrow ETH or stablecoins in exchange, enabling them to create leveraged positions. The concept of staking usage in DeFi was solidified by Lido's success: stETH became one of the most preferred collateral options in decentralized finance applications. Following the Shanghai update, investors began using stETH extensively on platforms like Aave and Compound to achieve higher compound returns. Thanks to Lido’s network effect, the circulating supply of stETH reached a record high of 7.5 million by mid-2023, and Lido continued to lead the sector with a liquid stake supply 16 times larger than its nearest competitor. 2024: Lido DAO fully felt the effects of its v2 update, which it laid the groundwork for in 2023. The innovations brought by Lido v2 focused on increasing the protocol's transparency and governance capabilities. By early 2024, Lido had come to control approximately one-third of the total stake on Ethereum (approximately 30-31%), solidifying its dominant position in the industry. This situation brought both great success and responsibility for the protocol; in order to uphold the principles of decentralization, Lido took steps to bring more validators into its network and reduce the risk of power concentration at a single point. In 2024, Lido DAO implemented a delegation mechanism to increase community participation in governance processes. In August 2024, a governance vote approved an on-chain delegation system that allows LDO token holders to delegate their votes to representatives they trust, as well as a representative incentive program called the “Delegate Incentivization Program.” This provided convenience for LDO holders who could not actively participate in the voting process but trusted representatives who shared their views. One of the notable developments in 2024 was the introduction of a “dual governance” mechanism in Lido DAO. A proposal voted on and approved on the Snapshot platform on April 25, 2024, envisions this new model, which aims to give stETH tokens governance functionality. Additionally, throughout 2024, Lido DAO made improvements to its multisig wallet processes to enhance operational transparency and enhanced the traceability of protocol parameters.Why is Lido DAO valuable?There are many features that make Lido DAO unique and valuable. First, let's talk about how liquid staking prevents liquidity loss. One of the biggest advantages of using Lido DAO is that you don't experience liquidity loss with the stETH you receive in exchange for your staked ETH. In traditional staking methods, when you lock your assets as a validator, they remain locked during the withdrawal period and cannot be used for other purposes. Lido eliminates this problem: For example, when you stake 32 ETH through Lido, you immediately receive 32 stETH. Your stETH balance automatically increases in proportion to the staking rewards you earn, and you can sell this token or use it in other protocols at any time. As a result, Lido allows you to earn passive income without locking up your cryptocurrencies for long periods of time. This feature has become highly valuable to investors as it completely eliminates the “illiquidity” disadvantage that arises when participating in the Ethereum 2.0 staking process. We can examine other critical features under the following headings:Ability to use in DeFi while earning passive incomeInvestors who stake with Lido can continue to utilize their assets in the DeFi ecosystem while earning staking returns. This is like “doubling your investment”: For example, a user can purchase stETH tokens and deposit them as collateral into the Aave protocol, in exchange for borrowing another asset (such as a stablecoin or ETH). Thus, in addition to staking income, they can pursue extra returns by making additional investments with the borrowed asset. As the use of stETH tokens for staking in DeFi becomes more widespread, new arbitrage and yield strategies have emerged for users. Thanks to Lido, “capital efficiency” is maximized; assets both earn staking rewards and are revalued on different platforms. This makes the liquid staking model much more attractive than classic staking.Governance and community participation and the role of the LDO tokenOne of the key factors that makes Lido DAO valuable is its robust governance system. Critical decisions such as protocol development, parameter changes, and expansion to new networks are made not by a central authority but through votes by LDO token holders. The LDO token grants its holders voting rights in Lido DAO, enabling them to influence the protocol's future. This allows Lido to be collectively managed by a community that looks after the interests of its users. Forum discussions where everyone can express their opinions, preliminary votes on platforms such as Snapshot, and on-chain voting processes establish Lido's management on a transparent and participatory model. This transforms Lido from merely a staking tool into an example of a DAO governance system. LDO token holders possess voting power proportional to the number of tokens they hold, meaning the protocol's future is directly in the hands of its users. Latest recommendations and votes on Lido DAO. Source: Snapshot.box Reliable validators and open-source infrastructureLido DAO's reliability is as important as its technical value. Since the protocol provides staking services on a large scale, security and validator performance are critical issues. Lido has proven itself in the industry since its inception and works in tandem with reliable node operators. For example, in the first phase of its financing, well-known validators such as Stakefish and Staking Facilities joined Lido's infrastructure. Lido DAO follows a decentralized approach in validator selection, distributing staking across multiple operators to minimize risks concentrated in a single point. Thanks to this transparency, potential vulnerabilities in Lido's smart contracts can be observed by the community and quickly addressed. The Lido team has a long-term perspective on security and reliability and acts with the awareness that it manages billions of dollars in assets. To date, Lido has remained resilient even during events such as the 2021 DeFi market turmoil and the 2022 Terra collapse.Multi-chain support and ecosystem integrationsAnother factor that enhances the value of Lido DAO is its presence across multiple blockchain networks and its adoption by a broad ecosystem. Following its success on Ethereum, it has now brought its liquid staking feature to networks such as Solana, Polygon, Polkadot, and Kusama, even though most of them are not currently active. This has made Lido a strong player in the industry in terms of interoperability. During the period when these integrations were active, users on different networks were able to engage in liquid staking with a similar experience through Lido and obtain the derivative tokens of the relevant networks (stSOL, stMATIC, stDOT, etc.). Lido's multi-chain strategy freed the project from dependence on a single network and transformed it into a general liquid staking platform.Who is the founder of Lido DAO?Lido DAO was launched by three prominent figures rather than a single central founder. Each of these individuals has made significant contributions to Ethereum and decentralized finance (DeFi), forming the cornerstones of Lido's technical and community-based structure. These individuals are as follows:Jordan Fish: Known in the crypto world by the pseudonym “Cobie,” Fish is recognized for his entertaining and sharp analyses. He is also the founder of the popular crypto podcast “UpOnly.” His influence within the community and ability to reach a wide audience played a significant role in Lido's early promotional efforts.Vasiliy Shapovalov: A developer with deep technical ties to the Ethereum infrastructure. Specializing in staking infrastructure, Shapovalov has previously worked on projects such as P2P Validator and has extensive experience in validator technologies.Konstantin Lomashuk: Known for his background at Parity Technologies and his contributions to the Web3 ecosystem. He is also one of the founders of the crypto investment firm Cyber Fund. He has been instrumental in shaping Lido's technical infrastructure as well as its long-term vision.The project, which gained prominence with a blog post published in October 2020 and was activated with approximately $2 million in initial funding in December 2020, targeted key issues in the Ethereum staking process, such as liquidity loss and high minimum staking requirements (32 ETH).Frequently Asked Questions (FAQ)Below, you can find frequently asked questions about Lido DAO:What is Lido DAO and how does it work?: Lido DAO is a decentralized liquid staking protocol that allows users to stake their assets while maintaining liquidity. For example, a user who stakes Ether on Lido receives stETH tokens in return. These stETH tokens represent the value of the staked ETH and the rewards earned. Lido's smart contracts distribute the deposited Ether to trusted validators selected by Lido DAO, allowing users to contribute to network security and earn rewards without having to deal with technical details.What is stETH and how is it obtained? stETH is the name of the token given in exchange for Ether staked on the Lido protocol. When a user stakes Ethereum through Lido, stETH is minted (issued) in a 1:1 ratio with the deposited ETH. For example, if you stake 5 ETH, you will receive 5 stETH. The value of stETH is theoretically equal to 1 ETH and is automatically updated daily to reflect staking rewards. The most common way to obtain stETH is to stake ETH through Lido's official interface (via sites such as stake.lido.fi). Alternatively, you can purchase stETH tokens that are already in circulation from decentralized exchanges (e.g., Curve, Uniswap) to become a stETH holder.What is LDO token used for? LDO is the governance token of Lido DAO. LDO token holders have the right to vote on decisions that shape the future of the Lido protocol. For example, issues such as changing fee rates on Lido, adding Lido support to a new blockchain network, or the use of treasury funds are put to a vote by LDO holders. The more LDO tokens you have, the greater your voting power. LDO holders can contribute to the development of the protocol by expressing their ideas on Lido's forums. In addition, LDO is a cryptocurrency that can be bought and sold on various DeFi platforms.Is Lido reliable? Lido is a protocol that has gained widespread trust and proven itself in the DeFi field. Since its launch in 2020, Lido has not encountered any serious security incidents or attacks and has managed billions of dollars in assets without any issues, earning it a place among the “battle-tested” protocols. Additionally, Lido is backed by a strong community and reputable investors. However, as with any DeFi protocol, there are some risks associated with Lido. For example, there are smart contract risks (the possibility of undiscovered bugs), slashing risks (small interruptions may occur if Lido's node operators make mistakes), or decentralization risks (regulatory risks that may arise due to Lido's large share of the Ethereum staking market).Which networks does Lido support besides Ethereum? Lido DAO offers liquid staking services on multiple blockchain networks besides Ethereum. The main networks currently supported are Polygon (MATIC) and BNB. As Ethereum L2 solutions, it supports Arbitrum, Optimism, Base, ZkSync, Mantle, Linea, Scroll, Mode, Zircuit, and Unichain.What is the difference between liquid staking and classic staking? Classic staking means locking a cryptocurrency (e.g., ETH) into the network's validator node for a certain period of time. During this period, your assets cannot be moved; in return, you earn validator rewards, but your funds are not liquid. Additionally, classic staking typically requires a minimum amount (e.g., 32 ETH for Ethereum) and may technically require you to run your own node. Liquid staking, on the other hand, is an approach that adds flexibility to this process. A liquid staking protocol (such as Lido) stakes on your behalf and issues you a token (such as stETH) representing the amount you have staked. This token is liquid, meaning you can buy, sell, transfer, or use it in DeFi applications at any time. This way, your capital remains unlocked even while staking.For those who want to participate in the Ethereum staking process without losing liquidity, do not forget to check out our detailed guide to Lido DAO.
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7 Jul 2025
APT Comments and Price Analysis July 6, 2025
APT/USDT Technical AnalysisAptos continues to draw significant attention as a Layer-1 project, particularly due to a recent rise in active wallets and the launch of new projects on its chain. APT Current View On the daily chart, a falling channel—also known as a falling wedge formation—is clearly visible. APT is currently trading near the midpoint of this formation. Additionally, a double-bottom pattern has formed near the lower support level, after which the price climbed toward the upper boundary of the wedge before pulling back.APT has established a key support zone around $4.39. If the price fails to hold above this level, it may drop to the wedge’s lower trend support near $3.39.Regarding upward movement, a breakout is possible if the price climbs and retests the upper boundary of the wedge. Should such a breakout occur, the next target would be the $7 level and potentially higher. However, traders should remain cautious, as a pullback toward the support zone remains possible.These analyses are not intended as investment advice. They focus on key support and resistance levels that may present trading opportunities in the short and medium term, depending on market conditions. Users are solely responsible for their own actions and risk management. Moreover, it is strongly recommended to use a stop-loss (SL) strategy in all trading activities.
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6 Jul 2025
WLD Comments and Price Analysis 5 July 2025
Worldcoin (WLD) Technical AnalysisLooking at the WLD chart, we can observe a significant support level forming between $0.82 and $0.86, with the price currently attempting an upward move. The descending channel clearly visible on the chart has served as a major resistance zone, suppressing the coin’s price for several weeks. However, following the recent breakout and subsequent retest, there is a growing expectation of an upward move. Falling Trend Breakage That said, if the price fails to hold above the trendline, any upward movement may prove to be nothing more than a reaction to the previous decline—a false breakout. The bullish expectation remains valid only if the price begins to move upward again after successfully retesting the trendline.Technically, the $0.82–$0.86 support zone is critical. As long as the price stays above this area, the possibility of higher targets remains strong. Conversely, if this support breaks down, the formation becomes invalid and selling pressure may increase. In that case, the price could retreat to the major support level of $0.7153.If WLD manages to hold above $0.8579, the first target could be $0.9718. However, some selling pressure may be encountered at this level, as it also represents a reversal zone. If this reversal area is breached to the upside, the price may continue its rise toward $1.10 and potentially $1.15.These analyses are not intended as investment advice. They focus on key support and resistance levels that may offer trading opportunities in the short and medium term, depending on market conditions. Users are responsible for their own trading decisions and risk management. Additionally, it is highly recommended to use a stop-loss (SL) strategy in all transactions.
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5 Jul 2025
LDO Comments and Price Analysis 4 July 2025
LDO Technical AnalysisLido DAO, which manages the majority of staked assets on Ethereum, is once again in the spotlight as overall interest in liquid staking increases. With growing demand for institutional staking solutions, it is important to evaluate LDO from a technical standpoint. LDO Current Levels Looking at the daily chart, two key formations are clearly visible: one is a downtrend that began in February, and the other is a double-bottom structure. The price has tested the downtrend line three times so far; therefore, an upward breakout becomes increasingly likely if a fourth test occurs at the upper boundary. This breakout scenario is further supported by the double-bottom pattern mentioned earlier.The chart shows that the $0.764–$0.785 zone is a strong resistance area, and the price recently pulled back after testing this region. Should a breakout above this resistance occur, the price could climb to $0.85, which also aligns with the trendline test. On the downside, if pullbacks continue, the price could retreat toward the $0.70 level.These analyses are not intended as investment advice. They highlight support and resistance levels that may present trading opportunities in the short and medium term, based on prevailing market conditions. Users are fully responsible for their own actions and risk management. Moreover, it is strongly recommended to use a stop-loss (SL) strategy when executing trades.
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4 Jul 2025
SUI Comments and Price Analysis 4 July 2025
SUI/USDT Pair Technical AnalysisThe Sui Network has experienced a notable rise in Total Value Locked (TVL) in recent weeks. As a result of this increase, the price of SUI has rebounded strongly and is now trading within a key price zone. Falling Channel Structure Looking at the chart, we observe a descending channel pattern. Although the lower boundary of the channel was briefly violated, the price recovered swiftly, re-entered the channel, and climbed toward the upper trendline. After being rejected from this area yesterday, the price found support in the $2.83–$2.91 range.SUI is currently trading in a critical zone—an area where previous breakouts have occurred and where the next direction could be determined. As long as the price holds above this key area, SUI is likely to attempt another breakout above the trendline. If the $3.13 level is broken, the next potential targets are $3.40 and $3.80, respectively.For downward movements, the $2.83 support is the first level to watch. If this breaks, the $2.68 level may come into play as the next support.These analyses are not intended as investment advice. They focus on key support and resistance levels that may present trading opportunities in the short and medium term based on market conditions. Users are solely responsible for their own trading decisions and risk management. Moreover, it is highly recommended to use a stop-loss (SL) strategy in all transactions.
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4 Jul 2025
What is Sui (SUI)?
Sui is an innovative Layer-1 blockchain network characterized by its high speed and parallel processing capabilities. In other words, the Sui network is a platform designed from the ground up to improve scalability and user experience in the Web3 world. So what is SUI coin? SUI is the native cryptocurrency of this network. The Sui network uses the SUI token to execute transactions, perform smart contract interactions and secure the network. At a basic level, this is how we can answer the question “What is Sui?” - a blockchain project that stands out for its strong technical infrastructure and the native token that powers it.The team behind Sui is made up of developers with experience from Facebook (Meta)'s failed Diem cryptocurrency venture. This team founded a company called Mysten Labs and brought Sui to life. So, what is Sui Network? The Sui network uses Move as its programming language and has an unusual architecture called the object-oriented data model. Their goal is to bring blockchain technology to the masses: Integrating Web3 applications into everyday life by offering high transaction speed, low latency and a user-friendly experience. In this guide, we'll cover all the important details, from Sui's emergence, SUI technical specifications, SUI token offering and the coin's vision, to its history. Of course, we'll get to the "What is Sui coin?" question too.Definition and Origin of SUISui is defined as a Layer-1 blockchain network capable of high-speed and parallel transactions. This means that it operates at the base blockchain layer (in the same category as platforms like Ethereum, Solana, etc.) and is designed to process a large number of transactions simultaneously. The major difference that makes this possible is that it processes data as objects, not blocks, and thus offers the ability for parallel processing. While in traditional blockchains all transactions are confirmed in sequential blocks, in Sui, transactions can be executed independently based on the cryptocurrencies they interact with. This means that unrelated transactions can take place simultaneously (in parallel), significantly increasing the efficiency of the network. As a result, Sui can theoretically reach very high transaction capacities and aims to provide users with an instant transaction experience with low latency (no delay in the confirmation speed of transactions).Another technical foundation of Sui is that it is built on the Move programming language. So what is SUI Move language? It is a specialized language originally developed for Facebook's Diem project, designed for writing smart contracts. Because Move was developed to securely manage cryptocurrencies and permissions, it adds security and flexibility to Sui's smart contract infrastructure. In particular, some of the vulnerabilities seen in Ethereum's Solidity language (such as the smart contract vulnerability called reentrancy) are not found in Move. This is because the language design itself prevents such bugs. By adopting this security-oriented approach and object-oriented structure of the Move language, Sui network says it offers developers a more secure and easier smart contract development experience. Sam Blackshear, CTO of Mysten Labs (creator of the Move language), emphasizes that thanks to Move, smart contracts are both fault tolerant and increase developer productivity.Sui's emergence is directly rooted in the experience of Meta (Facebook)'s cryptocurrency startup. When Meta's once-heralded Libra project (Diem) hit regulatory hurdles and failed to materialize, some of the key figures involved in the project decided to move on. Experts such as Evan Cheng, Sam Blackshear and George Danezis, who worked on Meta's Novi/Diem team, founded Mysten Labs in 2021. Using the know-how from the Diem project, the team started the Sui project with the goal of creating a new L1 network that is fully decentralized, scalable, and developer-friendly. In short, Sui was created by a team born out of Meta's Diem project to utilize the technologies developed in that project (in particular the Move language) in a broader blockchain vision. Incidentally, Sui is often compared to Aptos, another project with the same origins. Aptos is another product of the former Diem team. It also uses the Move language and launched in 2022. In Aptos vs Sui comparisons, the two networks are said to have similar underpinnings but different technical approaches. For example, Aptos organizes blockchain data around accounts, while Sui adopts an asset-oriented model and emphasizes parallel processing capability more.History of the SUI: Key MilestonesThe Sui project is a relatively new one. But in a short time it has experienced many important milestones. Below we take a look at the key developments in the Sui network's history:Mysten Labs was founded in 2021: When it became clear that Facebook's Diem project would be canceled, five veterans of the project (Evan Cheng, Sam Blackshear, Adeniyi Abiodun, George Danezis and Kostas Chalkias) came together to found Mysten Labs. The company's goal was to build a new blockchain infrastructure using advanced technologies developed at Diem. During this year, the Sui concept began to take shape and basic development work began.In 2022, the first testnet version was released: Sui's first public trials took place this year. First a Devnet (developer network) was released for developers curious about the answer to the question: What is the Sui network? Then, towards the end of the year, the Testnet phase started. In November 2022, the first testnet, called Sui Testnet Wave 1, went live and operated successfully for several weeks. During this testing period, independent validators ran Sui nodes to test the performance and stability of the network. By December 2022, the first wave of testnets was successfully completed and Sui continued to prepare for the transition to the main network. Throughout 2022, the Sui project started to arouse curiosity in the crypto community, and early adopters were able to experience what Sui coin was for on the testnet.In 2023, the network went live: The most critical period for Sui was 2023. In April 2023, Mysten Labs launched the Community Access Program for Sui's native token, SUI coin. While many expected Sui to do a big airdrop (free token distribution), the team instead offered early backers and testers the opportunity to purchase a certain amount of SUI tokens. Thanks to this community sale, Sui tokens entered circulation for the first time. Then, on May 3, 2023, the Sui mainnet was officially launched. With the mainnet launch, the SUI token was listed on exchanges and the Sui network was officially launched. With the production of the first blocks, Sui began to operate as a decentralized blockchain available to everyone. During this period, major exchanges added SUI to their listings and Sui coin reached a wide investor base. In the early days of Mainnet, the total supply of SUI tokens was set at 10 billion units, of which around 5% were already in circulation. So SUI token economics (SUI tokenomics) was also recognized as robust by the community.After the launch, the ecosystem continued to grow: With the launch of Mainnet, the first applications in the Sui ecosystem started to emerge. In particular, NFT projects, blockchain-based games and DeFi protocols started to appear on the Sui network. For example, decentralized exchanges (DEXs) and lending/borrowing finance applications running on Sui have started to gather users. NFT marketplaces also started minting the first digital collectibles on the Sui network. Sui's promises of high transaction speed and low cost provided an attractive environment for such applications to scale. By the end of 2023, transaction volume and total locked asset value (TVL) on the Sui network were on a rapid upward trend. According to some reports, Sui even increased its total locked asset value by a phenomenal 2000% in just a few months. Examples from the SUI ecosystem. Source: Sui Station What happened in 2024: 2024, the first full year of the Sui mainnet, was a year of increased network maturity and adoption. In January 2024, a major protocol update codenamed “Mysticeti” was implemented. This update further reduced transaction latency on the Sui network. For example, normal token transfers are already finalized in as little as ~0.4 seconds, while complex transactions on decentralized exchanges are reduced from 2-3 seconds to around ~1 second. This was seen as a very important improvement for real-time applications (games, payment systems). In 2024, we also collaborated with Circle to integrate the USDC stablecoin on the Sui network. Thanks to this integration, which went live in October 2024, Sui users were able to make USDC transfers directly on the network, providing a significant flow of liquidity to DeFi protocols in the Sui ecosystem. By the end of the year, Sui had entered the top 20 cryptocurrencies in terms of market capitalization and had become a rich ecosystem with over 200 dApps (decentralized applications).Record price in 2025: As of 2025, SUI Coin is performing remarkably well in the market. In April 2025, the SUI price is around $3.4. SUI's all-time high price was recorded at $5.35 on January 6, 2025, down about 35% from the current price. The lowest price was $0.3643 in October 2023, which represents an 848% increase since then. On the token side, about 32.5% (3.25 billion tokens) of the total 10 billion supply is in circulation. On May 1, 2025, another 88.34 million SUIs will be released, equivalent to 2.72% of the current market cap. Throughout 2025, these controlled token expansions aim to maintain price stability by stabilizing supply. SUI price chart since Mainnet launch Why is SUI valuable?For a blockchain project to be successful in the long term, it needs to be technically sound and fulfill a real need. The Sui network has a valuable position in the crypto world thanks to its innovative features and approach. So what are the technical features and advantages that make Sui so special? Also, what does Sui coin do in general?Parallel transactions and high TPSJust like Aptos, Sui's most valuable feature is its ability to perform parallel processing The network achieves a huge transaction capacity (TPS - Transactions Per Second) by executing unrelated transactions simultaneously. This exponentially increases the number of transactions that take place on the network in the same second. In their tests, Sui developers showed that a network of 100 validators can successfully handle tens or even hundreds of thousands of transactions per second under ideal conditions. For comparison, the Ethereum network can process around 15-30 transactions per second, while the Sui TPS is much higher. The high TPS makes Sui particularly desirable in heavy usage scenarios such as DeFi applications, popular NFT mint events or in-game microtransactions. Sui also provides low latency when managing high transaction volumes; most transactions can be finalized in under a second. This means users do not have to wait long periods of time for their transactions to be confirmed.BlockchainReal-Time TPSMaximum TPS (Tested)Theoretical Maximum TPSBlock TimeFinality TimeConsensus MechanismSuiData not available297,000 TPS297,000 TPS~0.4 sec~0.4 secNarwhal & Bullshark (DAG-based)Solana1,255 TPS2,909 TPS65,000 TPS0.4 sec12.8 secProof of History + PoSAptos36.45 TPS12,933 TPS160,000 TPS0.13 sec0.9 secAptosBFT (Move-based)ICP859.2 TPS25,621 TPS209,708 TPS0.48 sec0 secChain Key TechnologyPolygon33.61 TPS429.1 TPS714.3 TPS2.13 sec4 min 16 secProof of Stake (Layer 2)Ethereum14.25 TPS62.34 TPS119.1 TPS12 sec16 minProof of StakeSecure and flexible smart contracts (Move language)Smart contracts on the Sui network are written in the Move programming language. Because Move is a language designed with security in mind, smart contracts on Sui have fewer bugs and vulnerabilities. For example, the famous DAO attack on Ethereum in 2016 was caused by a reentrancy vulnerability in a contract written in Solidity. In Move, vulnerabilities like reentrancy are blocked at the language level. This ensures that smart contracts written in Sui are resistant to similar bugs. Another advantage of the Move language is its flexibility and expressiveness. Its modeling of entities and data as “objects” gives developers a more natural programming experience. Sui developers report that writing code with Move is both safer and more efficient. The combination of security and flexibility means that innovative applications can be developed quickly and run safely on the Sui network. A screenshot of the Move language. Source: Sui Foundation An asset-oriented data model instead of a blockUnlike classic blockchain architecture, Sui uses an object-oriented data model rather than a block-based one. What does this mean? In the blockchain world, transactions are usually aggregated into blocks that are created over a period of time, and each block is added to the chain sequentially. In Sui, however, the assets in the network (tokens, NFTs, records in smart contracts, etc.) are treated as objects. Each transaction makes a change to the relevant objects. If two transactions are related to completely different objects, they can be processed in parallel without waiting for each other. This object-centric architecture provides both high efficiency and a new way of thinking for developers. For example, in a gaming application, the items in one player's inventory are separate objects and not directly linked to another player's inventory, so the operations of these two players can be performed simultaneously on Sui without overlapping. The object-oriented model simplifies data management and reduces transaction costs. Various block explorers are also being developed to fit Sui's data model. Tools such as Sui Explorer allow users to track what is happening in the network on an object-based basis. This innovative approach is an important element of value that sets Sui apart from other blockchain projects.Strong investor supportEven in its early stages, the Sui project has received major support from leading investors in the crypto world. Mysten Labs reached multi-billion dollar valuations in its funding rounds in 2021 and 2022. In particular, leading venture capital firms such as Andreessen Horowitz (a16z), Binance Labs and Coinbase Ventures invested in Sui early on. For example, in the Series B investment round in 2022, Mysten Labs raised 300 million dollars in funding, and this round included many big names as well as the above investors. The presence of such reputable and powerful investors is a sign of confidence in the Sui project. The investor support not only provided financial resources, but also helped Sui to gain widespread publicity and be listed on major exchanges in a short period of time. As a result, Sui has a strong support mechanism behind it, both in terms of financial strength and industry connections. This is an important advantage for the project to realize its long-term vision.Developer-friendly and open source approachThe success of a blockchain platform depends on the wealth of applications built on it and the size of its developer community. Sui was developed as an open-source project from the very beginning. Sui's code is open to developers on GitHub, allowing developers around the world to contribute to Sui's infrastructure, report and fix bugs, or integrate it into their own projects. Mysten Labs also offers a comprehensive developer toolkit for Sui: For example, Sui SDKs, APIs, libraries and detailed documentation make it easy to develop new projects on Sui. An example of the developer-friendly approach is Sui's initiatives such as Sui Developer Portal and Sui University. These platforms provide training materials, sample projects and technical support. Since Move is a relatively easy and safe language to learn, developers from different platforms can adapt to Sui. As a result, the Sui ecosystem is becoming vibrant and productive in terms of developers. Among Web3 infrastructure projects, Sui stands out thanks to this open and embracing environment. This encourages the emergence of new applications, NFT collections and DeFi protocols on the Sui network every day.Who is the Founder of SUI?So, who is the founder of Sui? Behind Sui is a company called Mysten Labs and its founding team. Mysten Labs was founded in 2021, and the common feature of the team is that they come from the Diem project within Meta (Facebook). This means that Sui's developers are experienced engineers who previously worked on Facebook's cryptocurrency and blockchain initiative.Evan Cheng is one of the most prominent members of Mysten Labs' founding team. Evan Cheng is the CEO of Mysten Labs and was the director of Novi Research (Facebook's financial technologies R&D unit) at Facebook. Cheng also has an engineering background, having worked at Apple for many years. “With Sui, we're trying to build a blockchain that scales on demand and provides users with a disintermediated experience,” said Evan Cheng, who takes on the visionary leadership role in the Sui project. SUI team Another critical member of the founding team is Sam Blackshear. Blackshear is the chief technical officer (CTO) of Mysten Labs and is known as the creator of the Move programming language. Sam Blackshear, who developed the smart contract language within the Diem project at Facebook, is also the head of the technical architecture at Sui. Blackshear played a major role in integrating the security and efficiency benefits of Move into Sui. His academic background and expertise in program analysis are critical to the project.Another co-founder of the team, George Danezis, is an expert in cryptography and distributed systems. Danezis is a cryptographer who worked as a principal researcher on Meta's Novi team and before that was a lecturer at University College London. In the Sui project, topics such as security protocols, consensus algorithms (e.g. the Narwhal & Bullshark DAG-based consensus mechanism used by Sui) were handled by George Danezis and his team.In addition, Mysten Labs' founding team includes Adeniyi Abiodun (product and strategy expert) and Kostas Chalkias (cryptography engineer). All of them decided to use their experience from Facebook's Diem project to create a more open and decentralized platform. The decentralized vision - the goal of building a blockchain network where the community, not a single company, is in control - is the core philosophy that differentiates Sui from Diem. While developing Sui, the Mysten Labs team also created a community-driven governance structure with the Sui Foundation.Frequently Asked Questions (FAQ)We've briefly answered the main questions you might have about the Sui network below. Let's take a quick look:What is SUI and what technology does it use? SUI is the native token of the Sui network, a high-speed and scalable Layer 1 blockchain. The network uses the Move programming language for parallel processing architecture and secure smart contracts. Transactions are finalized almost instantly thanks to the Narwhal & Bullshark consensus mechanism.When was the SUI network founded? When did Sui coin launch? The foundations of the Sui network were laid in 2021. In 2022, the testnet process began, and on May 3, 2023, the Sui mainnet was officially launched. As of 2025, Sui has been active for nearly two years.Who is the team behind SUI: Sui was developed by Mysten Labs. The team includes Evan Cheng (CEO), Sam Blackshear (CTO) and George Danezis, who worked on Meta's Diem project. There's a lot of experience from big tech companies in the background.What is the Move language and why is it important? Move is a specialized programming language for writing secure and flexible smart contracts. It makes cryptocurrency management secure and prevents common errors such as reentrancy. It is used as a standard language in projects like Sui and Aptos.How to buy SUI tokens and where to store them: SUI can be purchased on major exchanges such as Binance, Coinbase, Kraken. For storage, Sui-supported wallets such as Sui Wallet, Trust Wallet or Ledger should be preferred. Tokens can also be staked to generate passive income.Which applications does the SUI network support? The Sui network supports Web3 applications such as DeFi, NFT, blockchain games and DAOs. It has become the preferred choice of developers due to its low fees and high speed. As of 2025, there are hundreds of dApps and millions of NFTs on Sui.For the latest guides and technical analysis on SUI, be sure to follow our JR Kripto content series!
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4 Jul 2025
What is Purple Pepe (PURPE)?
The cryptocurrency world, although shaped by serious technologies from time to time, sometimes witnesses crazy trends driven entirely by humor. Launched in mid-2023, Pepe Coin quickly reached millions of dollars in volume, attracting the attention of not only investors but also the entire internet. Pepe the Frog had been known as an internet meme for years. But this time, when it appeared with a cryptocurrency identity, things took on a whole new dimension. There was Pepe enthusiasm everywhere, from Twitter to Reddit, from TikTok to stock exchange listings. After this wave, a new variation quietly entered the scene: Purple Pepe (PURPE). This project, which is a purple, even crazier version of the classic Pepe, aims to repaint the “Pepe culture” by being born on the Solana chain. The aim of PURPE, which is among the new meme projects of 2024, is not just to offer a token. In addition, it is to create an ecosystem that brings humor, community power and staking rewards together. PURPE, which has gained a wide user base in a short time, presents itself as an alternative way for those looking for both investment and entertainment. In this guide, you will find detailed answers to questions such as what is Purple Pepe, what is PURPE coin, what is PURPE token, how did it come into being, what features does it stand out with, what does PURPE coin do, and what does it mean for investors. If you are ready, let's step into the world of "purple frog".Definition and Origin of Purple PepeThe definition of Purple Pepe begins with a humorous reference to the classic Pepe character. As stated in the project’s official materials, Purple Pepe is described as the “one true Pepe” on the Solana network. This definition reflects the intention to stand out with a purple Pepe theme, unlike the original Pepe token on the Ethereum blockchain. In other words, Purple Pepe is a variation of a meme coin that adopts the concept of a “purple Pepe coin.” For now, let’s examine the difference between PEPE and PURPE in the table below:FeaturePepe Coin (PEPE)Purple Pepe (PURPE)NetworkEthereumSolanaLaunch DateApril 2023July 2023 (actively launched in 2024)Meme ThemeClassic green Pepe the FrogAlternative purple-themed version of PepeCommunityEthereum-focused, large but decentralized structureHumor-driven group emerging from the Solana communityFounder InformationAnonymousAnonymousExchange ListingsMajor exchanges like Binance, KuCoin, OKXMid-sized exchanges like BitMart, LBank, Gate.io, PoloniexCommunity-Based GovernanceNot present (no DAO structure mentioned)Certain decisions shaped by community proposals (no official DAO)The concept of Purple Pepe includes a colorful and “rebel” theme. The developers created a sense of social rebellion by emphasizing the Pepe meme in their project introductions. The purple Pepe character was used as a colorful protest symbol against the norms of society. Although this theme is not directly quoted in official sources, a “colorful rebellion” style is seen in the narrative of the project. In short, the colorful meme coin Purple Pepe was presented as a fun and eye-catching extension of the classic Pepe character.As a cryptocurrency, the PURPE token is not only for entertainment purposes. It also has various technical functions. According to the project documents, PURPE owners can earn rewards by staking (locking) their tokens on certain platforms. As stated in the sources, it is possible to earn additional income by staking PURPE. The staking process can be carried out on separate platforms such as DappRadar. In addition, the PURPE token can also be used in standard crypto transactions. Users who wish can send the token to their friends or use it in payments.In addition to all this, Purple Pepe attracts attention with community rewards and interaction. For example, the project organizes special airdrop events for social media followers and distributes NFTs. Recently, PURPE has increased user participation with airdrop and NFT benefits, which are described as a “gamification strategy”. In other words, the Purple Pepe community remains active with both its financial functions and social media campaigns. In short, Purple Pepe emerged as a Solana meme project. In general, it attracts attention with its humorous Pepe theme. It is also a token supported by functions such as staking and community rewards.History of Purple Pepe: Major MilestonesAs we mentioned earlier, Purple Pepe was created with inspiration from Pepe Coin. Although it was initially seen as a simple PEPE variation, it soon began to chart its own course. With the growing support on social media, community-focused campaigns, and colorful sense of humor, the project quickly gained momentum. Now, let's take a look at the important milestones that Purple Pepe went through on this colorful journey. The main events in the development of Purple Pepe are as follows chronologically:July 2023: The PURPE token was first released on the Solana blockchain. According to market data, the project was created on this date but has not yet started trading.Mid-2024: After remaining inactive for about a year, the team added liquidity and launched the token in mid-2024. During this period, the project's promotion and community building efforts intensified.August 2024: Announcement campaigns began on the project's Twitter/X pages. For example, various users announced that the first airdrop took place on August 20, 2024 (although there was no official source, it was shared in the community). During this period, Purple Pepe began to be talked about on crypto social media.November 2024: The PURPE price made a significant leap. According to the data, the token reached a historical peak of approximately $ 0.000316 in November 2024. It also saw a low point in the same month (around $ 0.00000226). This indicated high volatility - as with all meme coins.Q1 2025: The project continued to attract attention in the Solana ecosystem. It was listed on CoinGecko and CoinMarketCap. It even trended on CoinGecko. The active shares of the Purple Pepe community on social media increased. During this period, the number of active users behind it was expressed in the thousands.May 2025: Steps taken on behalf of Purple Pepe gained momentum. The project has been listed on major crypto exchanges such as Poloniex, LBank, BitMart, and Gate.io. Also in May 2025, one of the first property listings was published in Missouri, USA, announcing that commercial real estate could be paid for with PURPE tokens. This step was recorded as an interesting experiment by Purple Pepe in the non-crypto space. May 2025 – Bitcoin Conference: The PURPE team announced that it plans to participate in the Las Vegas Bitcoin Conference on May 27-29, 2025, with a focus on the community. At the same time, the project has also gained the support of the large WallStreetBets Facebook community. According to research, this group has more than 550,000 members. Why is Purple Pepe Valuable?For a cryptocurrency project to be considered “valuable”, it is not enough for its price to increase. Value is actually a chaotic structure formed by the coming together of many different factors. Technological infrastructure, community power, social media impact, areas of use, liquidity, accessibility and, of course, marketing strategies… All of these enable a token to be popular in the short term and to survive in the long term. When it comes to meme coins, entertainment value and viral potential are added to this equation.Purple Pepe (PURPE) is exactly in this equation. Although it was born as a humorous project, what makes PURPE valuable is not only its funny visuals. Under this heading, we will examine in detail why Purple Pepe entered the radar of investors, which features make the project stand out and what kind of an impact it creates beyond being a “purple meme coin”.Strong community and viral effectThere are several basic factors that increase the value of Purple Pepe. First of all, a strong community and viral effect… Social media posts that spread rapidly on the Internet increase awareness of the project. As noted in expert comments, positive posts on crypto Twitter about Purple Pepe and analysts express bullish expectations. In addition, the project is supported by the WallStreetBets Facebook group community (550,000+ members). Such a large community support is a social element that strengthens the value of Purple Pepe. Purple Pepe community at the TOKEN 2049 event in Singapore. Source: CoinTelegraph PURPE token functionIf a token in crypto projects exists only to be bought and sold, the longevity of that project is low. But if that token really serves a purpose within the system—for example, if it rewards the user, allows them to participate in decision-making processes, or is the key to doing something on the platform—that's when things change. The token ceases to be something that just "lays there" and becomes a truly working part of the project. Such concrete areas of use both connect people to the project and increase the chances of that project surviving.In other words, functionality is also an important part of the value. The PURPE token is not just a speculation tool; it can be used in various financial transactions. Investors can make arbitrage transactions with PURPE, and earn additional income by staking or lending their tokens. In other words, the Purpe staking opportunity increases the appeal of the coin. In addition, this token can be used in payments or gift transfers. In other words, investors can use the token both commercially and financially.Tokens that lack functionality are often seen as mere speculation tools, which can lead to a loss of trust in the long run. As in the case of Purple Pepe (PURPE), features such as being able to generate income through staking or being used in community-focused reward systems show that this token is a true part of the ecosystem. In other words, PURPE does not just offer a humorous theme. It also gives its users a sense of being part of the system.Attractive marketing campaigns, trading volume and liquidityMarketing campaigns also feed value. Purple Pepe regularly distributes airdrops and various rewards to its community. For example, thanks to the recently announced “community rewards and gamification strategy,” user engagement has increased and trading volume has increased. Such social rewards encourage investors and keep the energy around the project alive.In addition, Purple Pepe’s market volume and liquidity are impressive. According to market data, the daily trading volume exceeds $ 240,000. There are currently around 417 billion PURPE tokens in circulation (maximum 420 billion). This large supply provides liquidity, while high transaction volume ensures that the coin is continuously traded. Finally, PURPE's meme value cannot be ignored. Purple Pepe stands out among other serious cryptocurrencies with its "purple Pepe" image. Both its colorful design and fun theme create a brand identity that attracts users' attention. In this way, Purple Pepe stands out from ordinary projects in the crypto space. In summary, the factors that make Purple Pepe valuable are: active and large community support, financial use cases including staking, aggressive social media campaigns (airdrop, NFT), high transaction volume and unique meme theme. When these elements come together, they set PURPE apart from other meme coins.Who is the Founder of Purple Pepe?No clear information has been given to the public about the team or founder behind the Purple Pepe project. There is no clear founder name in the official sources of the project. In this respect, PURPE is an anonymous project largely driven by the decentralized community. In other words, the development team or founder of Purple Pepe is not a publicly known person.Although names such as “WallStreetBets Facebook group founder” are sometimes mentioned in the press statements about Purple Pepe, their direct connection to the project has not been confirmed. It is emphasized that only the people stated to be the administrators of the WallStreetBets community support Purple Pepe. However, these statements were shared within the scope of project promotion and no definitive information is provided about the real founder identity. Today, the Purple Pepe community works through social channels such as Telegram, Discord and X, and the project codes can be examined on open source platforms. PURPE community. Source: CoinTelegraph In this respect, Purple Pepe, like many meme coins, follows a structure that keeps the team behind it anonymous. It has not yet been announced that the project management is carried out with mechanisms similar to a DAO (Decentralized Autonomous Organization) or that it is controlled by specific governance boards. In other words, investors assume that plans for the future of Purple Pepe are largely shaped by community discussions and votes. To be sure, there is no publicly known founder behind Purple Pepe, and developments are announced with a community-based approach.Frequently Asked Questions (FAQ)When it comes to a token like URPE, which has a fun face but also has a technical side with staking, community rewards, and potential use cases, it is not surprising to see questions like “Is it really investable?”, “What is its connection to Pepe?”, “What is done with PURPE?”, “How can I join this community?” come one after another. In this section, we will try to give simple and clear answers to the most frequently asked questions about Purple Pepe. If you still have some questions in your mind, the answer is probably waiting for you right below.Is PURPE a real investment or just a joke? PURPE is technically a meme coin; that's why it has a "joke" tone. However, it is emphasized in the project presentations that it has quickly become a "serious crypto project". In terms of investment, it is necessary to be careful: Meme coins generally carry high risk.What is the difference between Purple Pepe and the original Pepe coin? The original Pepe coin (PEPE) is a popular meme token launched on the Ethereum network in April 2023. Purple Pepe, on the other hand, is a different project launched on the Solana blockchain in 2024. In other words, there is no technical relationship between them. The two have a similar name only because they are Pepe-themed. While Purple Pepe is known for the "purple Pepe" concept, the original Pepe coin (green-themed) was developed by a separate community and team. Purple Pepe is positioned as a meme coin specific to the Solana ecosystem. In short, the value of one does not change after investing in the other; they are completely different projects.What can be done with the PURPE token? In addition to general crypto functions, the PURPE token plays a role in community campaigns. It can be bought and sold on many exchanges and wallets. Investors can earn additional income through Purpe staking and lending. It can also be used as a payment tool with transfer/sending. From a social perspective, the Purple Pepe team offers additional benefits to token holders by making regular airdrops and NFT distributions. For example, it is possible to win prizes by participating in community competitions and through Twitter or Telegram activities. In short, you can buy and sell crypto with PURPE, earn income by staking, and participate in events that announce the project.How can I join the community? Purple Pepe has a very active community. There are more than 16,000 members in the official Telegram group. There are also social media channels such as the project's Twitter/X account (@PurplePepeS0L) and Instagram page. To join the community, it is enough to follow these official accounts or join the Telegram group. Community activities are announced under the username "Purpe_SOL" on Telegram.Feel the power of purple in Web3! Join the community with Purple Pepe and discover a new tone of humor and memes in our JR Kripto Guide series!
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4 Jul 2025
After Euro, Ruble Stablecoin: Tron-Based RUBx Is Coming
The attention was drawn to the European market recently when German-based financial giants launched a euro-backed stablecoin. Now, a similar step has come from Russia. Rostec, a defense and technology giant affiliated with the Russian state, is preparing to launch a new cryptocurrency indexed to the ruble, RUBx.Rostec is developing a stablecoin called RUBXThe stablecoin called RUBx, developed by Rostec, is aimed to be available by the end of the year. Each RUBx will be pegged to a Russian ruble and the value collateral will be provided directly from rubles held in treasury accounts. The company will issue this stablecoin in accordance with legal regulations, based on “real rubles”. The project will be built on the TRON blockchain and transparency will be ensured by publishing smart contract codes on GitHub. In terms of security, it was announced that independent auditing service will be received from the blockchain auditing firm CertiK.RT-Pay, the payment infrastructure that will work integrated with RUBx, will be directly connected to Russia’s banking system. Thus, both individuals and companies will be able to transfer money 24/7, including evening hours or holidays. At the same time, advanced DeFi (Decentralized Finance) transactions such as locking funds via smart contracts will be supported. Rostec stated that RT-Pay is fully compliant with regulations such as anti-money laundering and countering the financing of terrorism, and meets the requirements of the Central Bank of Russia.It is stated that the project will be implemented in stages and will initially focus on sectors that have difficulties in payment transactions. According to information provided by Dmitry Shumayev, one of Rostec officials, the area of use will be further expanded in the future.The stablecoin studies indexed to the ruble also overlap with the digital ruble pilot application launched by the Central Bank of Russia last year. While the country's largest bank Sberbank and the Moscow Exchange already offer Bitcoin-related investment products, the Central Bank also gave the green light to offer crypto-asset-related financial instruments to qualified investors.On the other hand, recently, AllUnity, a joint venture between Germany-based Deutsche Bank and asset management company DWS, received official approval from BaFin to launch a euro-backed stablecoin called EURAU. Fully compliant with MiCA regulations, EURAU stands out as one of the first examples in Europe that complies with the regulations. The project, carried out with the strategic support of Galaxy Digital, was developed specifically for use in corporate finance, fintech solutions and corporate treasuries. As a result, stablecoin-based digital payment solutions are rapidly spreading both in Europe and the Eurasian region. The development of cryptocurrency-based solutions for the ruble after the euro indicates that a new era has begun in the stablecoin race.
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4 Jul 2025
Nasdaq-Listed Company Holding BTC, ETH, and SOL Adds 3 More Altcoins to Its Reserve
Amber International, a subsidiary of Singapore-based Amber Group and listed on Nasdaq, has raised a new investment of $25.5 million to strengthen its $100 million crypto reserve strategy. The company plans to use this fund to expand its crypto asset portfolio. Another plan is to strengthen its presence in the blockchain space.Amber International raised new investment and added altcoins to its portfolioAccording to the statement made by the company, the investment in question was made through a private placement method and was sold at a price of $10.45 per share. This pricing was determined as a 5% discount to the three-day volume weighted average price of Amber shares. In total, more than 12 million Class A shares were issued. These shares correspond to approximately 2.44 million American Depositary Shares (ADS). Each ADS represents five Class A shares.The investment round was attended by leading institutional investors such as Pantera Capital, CMAG Funds, Mile Green, Choco Up and Kingkey Financial International. Amber International announced that it will allocate all of the proceeds to the crypto reserve plan announced in May, which is targeted to reach a total value of $100 million.Amber Group's reserve strategy aims to support blockchain-based product development processes and ensure that the company makes a long-term contribution to the ecosystem. In this context, the company's portfolio already includes Bitcoin (BTC), Ethereum (ETH) and Solana (SOL). After the new investment, Amber announced that it will add Binance Coin (BNB), Ripple's XRP and the developing Sui (SUI) token to this list.According to the company's statement, the reserve fund will be used not only to hold cryptocurrencies; but also to provide technical support and liquidity to blockchain projects built on these assets, to work more closely with developer communities and to develop the application layer in these networks. Thus, Amber International plans to take a more direct and active role in the networks where reserve assets are located.Amber plans to invest in smart contract-based systems, particularly in the tokenization of real-world assets (RWA) and AgentFi, known as decentralized financial applications that automate these two areas. These two areas are at the heart of the company’s strategic development plans for the upcoming period. Along with Amber’s announcement, the company’s stock performance, which is traded on Nasdaq, also drew attention. The company’s (AMBR) shares closed down 6.7% on Thursday, when the private placement announcement was made. According to market data, the shares lost 23.8% in the last five days and approximately 12% in the last month.
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4 Jul 2025
What is Housecoin (HOUSE)?
In today's world, owning a home is becoming an increasingly unattainable dream, especially for the younger generations. Rising housing prices, rising loan interest rates, and the imbalance between income and cost of living are bringing about a period in which many people have made renting a necessity. This picture has become not only an economic but also a social impasse. At this point, Housecoin (HOUSE), which emerges as both a reaction and an irony, focuses on this problem with the humorous approach unique to the crypto world. Housecoin is a meme coin working on the Solana network, setting out to say "let's at least have a HOUSE" for the masses who cannot own a real home. Combining symbolism and humor, this token transforms its criticism of the housing crisis into an entertaining investment tool. Of course, Housecoin is not a home-buying tool. However, the interest in the project does not come only from its technical foundations. It also draws attention with the way it touches on a social problem. Let's get to know Housecoin closely now...HOUSE Definition and OriginThe dream of a home that once was accessible to a middle-income family with a few years of savings has become just a “wish” for many people today. While real estate prices are increasing at a rate far beyond salaries and inflation, young adults all over the world are growing up wondering “will I have my own home one day?” We live in an era when even a modest apartment in big cities reaches prices expressed in millions, and mortgages turn into lifelong debts. This situation is no longer just an economic problem; it has also become a generational trauma, a social injustice and a collective despair. In the midst of this depressing picture, a fun project has emerged in the crypto world.There is a coin that will mark the months of April and May of 2025: Housecoin. So, what is this Housecoin? What does HOUSE token do? More precisely, does this token have any function? Housecoin (HOUSE) is a meme token created on the Solana blockchain. This cryptocurrency was specifically designed to humorously address rising housing prices. The official slogan of the project is “Flipping the Housing Market, One $HOUSE at a Time.” It is emphasized that Housecoin is offered to the community as an “insurance” alternative to draw attention to the rapidly rising housing prices. Housecoin transactions are very fast and low-cost thanks to the low transaction fees and high transaction speed provided by the Solana network. This meme coin, which does not yet provide a tangible product or service, is largely valued through community humor and speculative demand. Housecoin is a cryptocurrency with the SPL standard on the Solana network. Its total supply was determined to be approximately 1 billion and all tokens were mined at the time of launch. According to market information, Housecoin was distributed on the Pump.Fun platform in a “fair launch” manner. In other words, no pre-sale or team allocation was made. Moreover, there is an important detail about the management of the smart contract (mint authority). Since the mint authority has been canceled, it is not possible to print additional tokens in the future.Mint authority situation: No new tokens will be releasedInstead of printing new tokens over time, as in many other projects, Housecoin developers have completely canceled the mint authority, or “printing authority”, at the time of launch. This means that Housecoin has a completely fixed supply structure.Mint authority is one of the most critical parameters that determine how much more a token can be produced in the future. If this authority remains in the developer wallet, the project can increase the supply in the future. This creates a risk of inflation and a decrease in token value for investors. The deliberate cancellation of this authority on the Housecoin side gives confidence to some investors in terms of supply. Such fixed-supply models are a rare approach, especially in the meme coin world. Because in many similar projects, it is quite common to allocate additional tokens for supply expansions, team and pre-sale shares, or marketing funds. Solana’s mint authority system. Source: Jorge Londono, Medium 1 House = 1 HouseThe project's emergence dates back to the first quarter of 2025. The idea of Housecoin in the crypto market started in April 2025 as a "joke" about the housing market. The project emphasizes the idea of "buying a house in cryptocurrencies rather than buying a real house" with a humorous commentary on the housing crisis of the younger generations. This humorous theme was kept at the forefront in the project's promotional materials. For example, catchy slogans such as "1 House = 1 HOUSE" and "Flipping the Housing Market" were used. In short, Housecoin is a crypto initiative based on a humorous concept rather than providing a functional service.HOUSE History: Major MilestonesWhen it comes to cryptocurrency projects, especially meme coins, their history is usually short but quite dynamic. Because such projects attract both investor interest and social media attention very quickly from the moment they are launched. Housecoin (HOUSE) is a project that fits this example exactly, and has witnessed many important events and milestones in a short time since its birth. Its journey, which began especially in the first months of 2025, has been shaped not only by technical developments, but also by community interactions, campaigns, viral themes and exchange listings.Despite being a relatively new project, Housecoin has managed to create a community culture and market history within itself, moving away from being a “typical meme coin” in a short period of a few months. Its first release, decentralized launch and subsequent price movements show the intensity of interest in the project. In this section, we will take a closer look at Housecoin’s short but remarkable history, examine in detail the stages it has gone through and how it has reached its current position:March 24, 2025: According to KuCoin data, Housecoin was first announced and added to the Solana network.April 10, 2025: The “Burn the House” campaign was launched within the scope of the project. Participants earned a limited number of NFTs by symbolically destroying virtual houses.April 11, 2025: The Poloniex exchange opened deposit and trading support for Housecoin. From this date, users began buying and selling $HOUSE.April 25–30, 2025: A major increase was seen in the price of Housecoin. According to CCN data, the price, which was around $0.003 at the beginning of April, increased by nearly 10,000% to $0.106 (an all-time high) on April 30. This short-term rally occurred rapidly as part of the meme coin movement.April 30, 2025: The Bitget exchange listed Housecoin on a spot list. Trading opportunities began to be provided on many other platforms within the same week.May 21, 2025: Housecoin's market value of $100 million shortly after its launch was notable. This rapid rise further increased the project's popularity.May 2025: Listings continued on other exchanges such as KuCoin, BloFinSpot, and MEXC.Why is HOUSE Valuable?The factors that determine the value of an asset in the cryptocurrency market are not limited to technical infrastructure or usage area. Especially when it comes to meme coins, the concept of value takes on a much different dimension. As in the case of Housecoin (HOUSE), although some tokens do not directly offer a product or service, they can quickly attract the attention of millions of people thanks to the social resonance, community impact, and creative marketing language they capture. This shows that in the modern crypto world, "value" is also fed by cultural representation, humorous identity, and community interaction.These are exactly the factors behind Housecoin's being talked about and attracted so much attention. Drawing its symbolism from the housing market crisis and presenting it in a sarcastic style, HOUSE presents an ironic value proposition that appeals to the emotions of today's young investors. With the hype created on social media, viral campaigns, brand image enriched by NFT projects and speculative investment waves, Housecoin's market value can reach tens of millions of dollars in just a few weeks. Of course, there is not only a "joke" behind this rise: There is also serious user interest, psychological momentum and collective behavior patterns. Below, let's examine in detail the main factors that explain why Housecoin is seen as valuable.Community support and speculationThe value of meme coins is often based on social media resonance and investors' FOMO. A similar situation applies to Housecoin. The rapid spread of posts on social media and the interest of investors who want calculated risk have created a trading volume of millions of dollars in a short time. However, experts warn that such increases are due to speculative demand, not a fundamental business.Liquidity and low priceAccording to market data, Housecoin’s price per token is relatively low and its daily trading volume is high. This indicates that the market is deep (high liquidity) and allows traders to take positions even with small amounts. As of the end of May, HOUSE has lost about 8.3% of its value in the last 24 hours. However, it has increased by about 18.2% in the last 7-day period. It is trading at a price that is about 56.8% lower than its all-time high of $0.1178. Below you can see the price movements of HOUSE since its launch: Solana infrastructureHousecoin has built its technical foundation on the Solana blockchain. This choice is quite strategic in terms of supporting the project's goals of fast transaction capacity and low-cost transfers. The Solana network is known for having the capacity to confirm thousands of transactions per second, and this feature greatly improves the user experience compared to slower and denser networks such as Ethereum. In other words, users can make Housecoin transfers in a few seconds and with almost zero transaction fees.Another prominent aspect of Solana is its high scalability. This means that it can continue to operate without losing performance as the number of transactions on the network increases. This is a great advantage for community-based projects that reach high transaction volumes such as Housecoin. Because network congestion can occur in meme coins due to sudden increases in demand from time to time. However, Solana's architecture is more resistant to such fluctuations.In addition, since Solana's technical structure offers developers a more flexible and cost-effective development environment, the integration of projects like Housecoin into the ecosystem is also easier. If the project expands to areas such as staking or gamification in the future, this technical foundation could become quite functional.Humorous theme and marketingHousecoin quickly gained recognition thanks to eye-catching slogans (e.g. 1 House = 1 HOUSE) and visual campaigns referring to the housing crisis. The humorous theme allowed the project to reach a wide audience on social media and attracted more investors.NFT distributionHOUSE enriched the project with an NFT (non-fungible token) collection to deepen its humorous approach. The Housecoin NFT collection consists of 1,500 unique digital assets promoted with the slogan "4 Beds, 3 Baths and a DREAM". Listed on the Magic Eden platform, this collection is held by approximately 195 unique wallets and has a total market value of around $7,000. The base price of NFTs is $4.72. Some information about Housecoin NFTs. Source: Magic Eden Competing with other meme coinsPrevious examples of meme coins such as Dogecoin and Shiba Inu have achieved viral success in the crypto market. Dogecoin entered the market in 2013, and Shiba Inu in 2020 with a similar humorous approach. In this context, Housecoin has also entered the radar of investors by joining this family. To better understand Housecoin, we have compared it with some popular meme coins in the table below:Coin (Symbol)Launch YearBlockchainTotal SupplyKey Feature / ThemeHousecoin (HOUSE)2025 (April)Solana1,000,000,000 (fixed)A humorous take on housing pricesDogecoin (DOGE)2013Litecoin/BTC (PoW)Unlimited (inflationary)Famous Doge meme on the internet; gained popularity with support from Elon MuskShiba Inu (SHIB)2020EthereumApproximately 1 quadrillion (10^15)Inspired by Dogecoin; all tokens were minted before launch, with ongoing burnsWho are the Founders of House?It is not clear who is behind Housecoin. According to the project descriptions, the developers of the project preferred to remain anonymous and did not publish an official roadmap or whitepaper. Therefore, a well-known person or institution was not shown as the founder of this project. On the other hand, other statements report that all tokens were distributed fairly at the launch and no pre-sale or team share was allocated.Frequently Asked Questions (FAQ)One of the most frequently used sections when looking for information about cryptocurrencies is undoubtedly the “Frequently Asked Questions” (FAQ) section. Because every new project brings with it dozens of different concepts, technical terms and intriguing details. This curiosity is experienced much more intensely, especially in projects such as Housecoin (HOUSE), which are humorous in nature but also attract serious investment interest. It should not be ignored that HOUSE is quite new. At this point, more or less similar questions begin to form in everyone's mind: “Is this coin really useful?”, “Is it a joke or an investment?”, “Can I buy a real house?” Questions like these frequently come to mind, also influenced by the extraordinary narrative offered by Housecoin. When getting information about the project, the comments circulating on social media, the analyses in different news sources, and the discussions full of speculations come together, creating a need for simple and clear information. In the last section of our article, we have compiled the basic questions frequently asked about Housecoin:What is Housecoin (HOUSE) and how does HOUSE work? Housecoin is a meme token running on the Solana blockchain, known for its low transaction costs and strong community support. Since it is based on a humorous theme, it does not provide a function in the real world; its value is determined by community interest.Where to buy Housecoin? Housecoin has been listed on various centralized crypto exchanges such as Poloniex, Bitget, KuCoin. In addition, $HOUSE can be traded on decentralized exchanges (DEX) such as Pump.Fun and Raydium on the Solana network. (To buy for the first time, first get it from an exchange that supports cryptocurrencies like SOL or USDT, then trade.)Can you buy a real house with Housecoin? No, Housecoin is a purely thematic meme token and does not provide real property. Housecoin does not grant physical property rights, it remains a crypto asset for entertainment purposes only. Therefore, a tangible house cannot be purchased by purchasing $HOUSE.What is the total supply of Housecoin and will new coins be minted? The maximum supply of Housecoin is approximately 998,820,000 units. At launch, all tokens have been mined and the contract has been canceled, so it is not possible to mint new $HOUSE in the future. The amount in circulation today is close to this number.Is it safe to invest in Housecoin? Like all crypto assets, Housecoin is subject to high volatility and uncertainty. Meme coins can be subject to large fluctuations; their value changes rapidly depending on community interest and market sentiment. Experts recommend carefully evaluating the risks before investing in such speculative projects. In short, there is a high potential for profit, but also a serious risk of loss. Is the future of real estate now digital? Don't forget to follow our JR Kripto Guide series for details.
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4 Jul 2025