The Cryptonomist

As more users look for safer ways to manage crypto, Best Wallet delivers a streamlined, non-custodial solution backed by its native $BEST token.

With over $13 million raised during its presale, the project is emerging as a serious contender in the Web3 wallet space — and early investors are already taking notice.

Next-Gen Wallet Offering Full Asset Control and Chain Access

Best Wallet is a non-custodial crypto wallet designed to provide users with full control over their digital assets. Unlike centralized wallets, it never exposes private keys or seed phrases to third parties, ensuring enhanced security for users.

Source – Borch Crypto YouTube Channel

It also supports multiple chains and offers cross-chain transactions, making it a highly versatile tool for managing crypto portfolios.

Currently available on both the App Store and Google Play, Best Wallet has already launched with core functionality and is expanding its feature set rapidly.

Best Wallet and $BEST Token: Utility, Presale Access, and Key Features

The $BEST token is central to the Best Wallet ecosystem, providing users with practical benefits and enhanced utility within the app.

During its presale phase, $BEST is priced at $0.025135, with its value expected to increase as new stages unlock.

Token holders enjoy multiple advantages, including reduced transaction fees, higher staking rewards through the wallet’s built-in aggregator, exclusive early access to trusted presales and new crypto projects, and participation in community governance.

The presale can be accessed both via the official website and directly within the app, with support for fiat currencies like USD and EUR, as well as crypto purchases.

Beyond the token, Best Wallet distinguishes itself through several advanced features. It supports over 60 blockchains and enables seamless multi-chain swaps across networks such as Ethereum, BNB, Solana, and Polygon.

The integrated fiat on-ramp allows users to purchase digital assets using traditional currency, while the built-in swap tool makes it easy to trade tokens across chains without needing external platforms.

Bitcoin Hyper is now live in Best Wallet! @BTC_Hyper2 is building Bitcoin’s first Layer 2 focused on real scalability — enabling fast, cheap BTC transactions, meme coins, dApps, and more.

It’s secured by Bitcoin L1 and powered by Solana VM tech for high speed and massive… pic.twitter.com/5Ktj12RCR1

— Best Wallet (@BestWalletHQ) June 5, 2025

The app also features a native token launchpad, giving users early access to upcoming tokens such as Bitcoin Hyper, SUBBD, BTC Bull Token, Solaxy, and others directly within the wallet.

On the security front, Best Wallet implements decentralized account recovery, two-factor authentication, and anti-fraud measures. Users retain full control of their assets, with no third-party access to private keys or seed phrases—ensuring a secure and user-first experience.

Best Wallet’s Next Phase: Upcoming Features and User-Driven Development

The roadmap for Best Wallet outlines a range of upcoming enhancements designed to expand its functionality and elevate the user experience.

Key developments include an NFT gallery with portfolio management tools, browser extension integration, a robust staking aggregator, derivatives trading, and advanced features like market analytics, MEV protection, and gasless transactions.

These additions aim to transform Best Wallet into a comprehensive crypto platform, far beyond a typical storage solution.

In parallel with its technical expansion, Best Wallet is actively growing its market presence. Strategic marketing efforts have already secured visibility across leading crypto platforms, reinforcing its credibility in a space often dominated by hype-heavy projects with little substance.

Community involvement is central to the ecosystem’s growth. Through the governance utility of the $BEST token, holders can participate in shaping the future of the platform by voting on development priorities, updates to tokenomics, and the integration of new features.

This ensures that Best Wallet evolves with the input of its users, strengthening both utility and community trust.

Conclusion

Best Wallet competes head-to-head with top crypto wallets by delivering industry-leading security and a seamless user experience.

Experts consistently rank it among the safest wallets available, featuring decentralized recovery, multi-factor authentication, and strong fraud protection.

With over $13 million raised in presale, Best Wallet is primed to become a key tool for both everyday users and serious investors who demand reliability and control in managing digital assets.

Visit Best Wallet

This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article.

The growing exploration of payments in Bitcoin represents a significant turning point for Uber, which is seriously considering the integration of cryptocurrencies into its payment systems. 

The CEO Dara Khosrowshahi recently confirmed an advanced study phase dedicated to the use of stablecoins, digital financial assets pegged to fiat currencies, to drastically reduce the costs of international transactions. 

This commitment underscores the intention to revolutionize the methods of transferring value on a global scale, with a particular focus on operational efficiency and the economic sustainability of transactions.

Uber’s Strategy for the Adoption of Bitcoin and Stablecoin

Since 2021 Uber had already shown interest in the adoption of criptovalute and, after numerous signals, in June 2024, during the Bloomberg Tech Summit, Khosrowshahi detailed the evolution of the initiatives. 

The company has embarked on a genuine study phase to understand how to integrate stablecoins into its payment ecosystem. 

This new step arises from the need to enhance various operational areas through innovative solutions that leverage the potential of digital currencies.

The CEO stated:  

“We are still in the study phase, I would say, but the stablecoin is one of the, for me, most interesting implementations of cryptocurrencies that has a practical benefit beyond the function of a store of value.”  

Regarding Bitcoin, he added:  

“Obviously, you can have your opinions on Bitcoin, but it is a proven commodity, and you know, people have different opinions on where it can go.”

The interest in the integration of Bitcoin and stablecoin is primarily based on tangible benefits related to a drastic reduction in costs and increased speed in international transactions. 

Global companies like Uber often find themselves facing high fees and bureaucratic complexities when transferring money between countries through traditional and complex financial channels.

Khosrowshahi explained:  

“I think that the stablecoin is very promising, especially for global companies that move money around the world, creating a mechanism to reduce the costs of international transfers.”  

Furthermore, the stablecoin, thanks to its link with stable currencies, allows avoiding the high volatility typical of many cryptocurrencies, thus maintaining predictable and lower costs for the transfer of funds.

A consolidated path towards digital payments

The current phase of deepening represents a consolidated trend within Uber’s strategy, which began in 2021 and resulted in more concrete announcements in 2022. 

In that year, Khosrowshahi had anticipated potential future payments in cryptocurrencies, emphasizing how sustainability and the reduction of exchange costs are fundamental prerequisites for a wider spread.

His words:  

“We would definitely accept cryptocurrencies as a form of payment in the future.”  

And again:  

“The exchange mechanism would become less expensive and more environmentally friendly, and I believe that at that moment we would lean more towards cryptocurrencies.”

These steps show how Uber is constantly monitoring technological and regulatory evolution to seize the ideal moment to adopt more effective digital solutions. The push towards the adoption of stablecoins is not just about Uber. 

The global financial sector is indeed experiencing explosive growth in this segment: as of April 2024, the market capitalization of stablecoins has reached a remarkable 230 billion dollars, marking an increase of 54% compared to the previous year.  

Furthermore, the total volume of transactions in stablecoin exceeded 27.6 trillion dollars in 2024, even surpassing operations carried out by networks like Visa and Mastercard by 7.7%. 

These data clearly demonstrate the growing influence of digital payments and their ability to reduce traditional costs, offering fast and reliable transactions globally.

Concrete benefits for a global company

The integration of Bitcoin and stablecoin into Uber’s payment system could transform the company’s financial management in multiple markets. The blockchain, the technology behind cryptocurrencies, ensures greater transparency and security in transactions. 

As a result, Uber could not only reduce banking fees but also speed up credit times and improve the traceability of financial flows.

Uber is therefore positioning itself to leverage competitive advantages, especially in countries where traditional banking infrastructures are less efficient or more costly. 

Furthermore, the adoption of alternative payment systems could make the service more accessible and smooth, fostering a positive effect on both users and drivers.

A key element of Uber’s approach is the focus on the practical applications of adopting cryptocurrencies, particularly stablecoins, rather than on investments or financial speculations. 

The priority is to design effective solutions for international payments and financial mobility on a large scale, improving business processes and the customer experience.

This pragmatic orientation highlights how leading companies see in cryptocurrencies a concrete opportunity to innovate global corporate finance, beyond mere media hype.

The growing interest of Uber in payments in Bitcoin and stablecoin outlines a clear trajectory towards a new era in digital financial management. 

The transformation of cross-border transactions into simpler, more economical, and faster processes represents an important competitive advantage, both for companies and for end users.

In parallel, the stablecoin market continues to expand rapidly, consolidating its relevance in the global financial system. 

Uber not only reflects this trend, but actively contributes to experimenting with solutions that could become the norm in the near future.

The ongoing developments invite careful observation of the next steps and consideration of the opportunity to adopt, both personally and at a business level, more innovative and balanced payment systems. 

The path set by Uber could stimulate a wider adoption of cryptocurrencies as everyday tools, beyond their traditional role as financial assets.

Yuga Labs, the famous company behind the Bored Ape Yacht Club, has announced a radical proposal: to dismantle the current ApeCoin DAO to replace it with a new governance entity called ApeCo. 

The stated goal is to overcome the bureaucratic obstacles and inefficiencies that have slowed the growth of the ecosystem linked to the ApeCoin token, based on Ethereum.

The proposal, put forward by the CEO of Yuga Labs, Greg Solano, marks a crucial moment for the world of NFTs and the metaverse, and could redefine the way decentralized projects are managed.

ApeCoin is Born: a New Vision for Yuga Labs 

Founded in 2022, ApeCoin DAO was born as a decentralized governance experiment, formally separate from Yuga Labs but closely connected to its digital universe. 

The idea was to entrust the community with control over the development of the token and related projects. However, according to Solano, the experiment turned out to be unsatisfactory.

“ApeCoin DAO was a bold experiment, but born in a different era,” wrote Solano in the proposal published Thursday. “What started with a promise has turned into a slow, noisy, and often unserious governance bull.” 

The criticisms do not come only from Yuga Labs. Members of the community have also expressed frustration with the management of the DAO. 

The user of X @OGDfarmer described the DAO as “a joke,” accusing it of being “plundered, slow, inefficient, and hyper-politicized from the start.”

The proposal by Yuga Labs involves the creation of ApeCo, a new entity that will handle the governance and development of the ecosystem. The idea is to eliminate the ambiguity that has characterized the management of the DAO and to concentrate the resources on three fundamental pillars:

– ApeChain

– Bored Ape Yacht Club

– Otherside

ApeCo will have the task of financing the builders through a grant system based on milestones and with greater accountability. The goal is to reward the true contributors, minimizing the influence of non-aligned or opportunistic actors.

If the proposal is accepted, the ApeCoin DAO will be completely dismantled. This would mean:

– The end of all rights and governance powers of token holders

– The cancellation of previous improvement proposals (AIP)

– The dissolution of autorità delegate, gruppi di lavoro, elezioni, and forum

In essence, it would be a total reset of the governance system, with the intent of starting from scratch on more solid and efficiency-oriented foundations.

First reactions from the community

The proposal was published on the ApeCoin forum, where it received predominantly positive feedback. Even though the vote currently underway has no official value, it serves to gauge the community sentiment. 

The general climate seems favorable to change, a sign that many members share the criticisms made by Yuga Labs regarding the management of the DAO.

The move by Yuga Labs is part of a broader process of strategic refocusing. Recently, the company sold several of its most well-known intellectual properties NFTs, including Moonbirds, CryptoPunks, and Meebits. 

This suggests a clear intent to focus the energies on the main projects of its ecosystem, particularly those related to ApeCoin.

The economic context is not the most favorable. The value of ApeCoin has plummeted by 50% in the last year, currently standing around $0.70, according to data from The Block. This is a drastic drop compared to the all-time high of $26, recorded at the time of launch. 

This decline has certainly contributed to reinforcing the perception that the current governance model is no longer sustainable.

Towards a new chapter

The proposal by Yuga Labs represents a turning point for the entire ecosystem linked to ApeCoin. With the creation of ApeCo, the company aims to revitalize the confidence of investors and community members, offering a more streamlined, transparent, and results-oriented structure.

If approved, this transition could become a model for other Web3 projects, demonstrating that even in the world of decentralization it is possible to correct the course when a system no longer works.

In a constantly evolving sector like that of digital assets, the ability to adapt and innovate is crucial. Yuga Labs seems ready to do just that, leaving behind a failed experiment to build a more solid and sustainable future.

Bitcoin is the most well-known cryptocurrency worldwide. However, sending BTC during peak network activity can be frustrating—confirmations take hours, and fees spike.

Bitcoin Hyper aims to fix these issues. This project offers a Layer 2 solution that tackles Bitcoin’s main problems: slow transaction times and high costs. Here’s how it works.

Source – Alessandro De Crypto Official YouTube Channel

What is Bitcoin Hyper?

Bitcoin Hyper doesn’t try to replace Bitcoin. Instead, it adds a faster layer on top of it—like an express lane. It starts with the Canonical Bridge.

You send your BTC to a special address, and the bridge monitors that address. A smart contract called the Bitcoin Relay Program checks the blockchain to make sure the transaction is valid.

After the check, you receive the same amount of BTC on Bitcoin Hyper’s Layer 2 network. Here’s where things get exciting: Bitcoin Hyper runs on Solana’s Virtual Machine—the same technology that makes Solana fast and efficient.

Now, your BTC transactions take seconds instead of hours. Bitcoin Hyper makes this possible by grouping transactions and processing them off the main Bitcoin chain. It uses zero-knowledge proofs to keep everything safe and private.

Every so often, the system takes a snapshot of this activity and writes a summary back to the main Bitcoin blockchain.

If you want your BTC back on the original network, simply request a withdrawal. Once the system verifies it, your BTC returns to your original address. Bitcoin Hyper isn’t just about speed—it also brings new tools and features that regular Bitcoin doesn’t support.

One major upgrade is DeFi access. Until now, most BTC users couldn’t take part while Ethereum and other blockchains built full DeFi systems. Bitcoin Hyper changes that. It lets BTC holders trade, earn, and use financial tools without leaving the Bitcoin network.

Developers can also benefit. They can build apps directly on Bitcoin Hyper’s network. Real-world uses, like micro-payments, become easier when fees stay low.

Bitcoin Hyper takes a broader approach. It handles payments, but also supports apps, DeFi projects, and programmable transactions. Bitcoin Hyper is newer and still growing. But if it develops as planned, it could offer more features while still keeping Bitcoin’s main security by syncing activity back to the blockchain.

How to Buy Bitcoin Hyper (HYPER)

Bitcoin Hyper has a fixed supply of 21 billion $HYPER tokens. The team split the tokens like this: 30% for developing the project, 25% for the treasury, 20% for marketing, 15% for staking rewards and giveaways, and 10% for token listings.

The team launched a public presale first, with no private sales or early allocations. So far, the project has raised over $500,000 in the early stages. Right now, the $HYPER token is available at a price of $0.011775 each.

$HYPER has got the Hype!

500K Raised! pic.twitter.com/qpaZobv9Wl

— Bitcoin Hyper (@BTC_Hyper2) June 5, 2025

Anyone who wants to join early can get started by using crypto from their preferred exchange. If you don’t have a Web3 wallet yet, try MetaMask or Best Wallet. Just load it with ETH or USDT.

After that, visit the Bitcoin Hyper website and click “Buy” or “Connect Wallet.” Once your wallet connects, choose how many $HYPER tokens you want to buy. You can also use the “Buy and Stake” feature to earn rewards right away.

If you want to pay with a credit card, first download a crypto wallet app or browser extension. Connect it to the site, then choose “Card Payment” to finish the purchase.

For staking, $HYPER tokens are released at a rate of approximately 199.77 tokens per ETH block. Current rewards sit at around 1,316% per year. This high yield is attracting early buyers looking to earn big from the start. So far, users have already staked over 39.9 million $HYPER tokens.

Visit Bitcoin Hyper

This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article.

The challenges of content creation—ranging from high platform fees and delayed payments to the pressure of constant output—continue to impact digital creators.

A new utility token, SUBBD, aims to resolve these issues through AI automation and blockchain integration.

Now in its presale phase with over $615,000 raised, SUBBD offers a suite of intelligent tools including smart chat responses, video editing assistance, and optimized monetization strategies.

By leveraging blockchain, it also enables transparent, near-instant payments in both crypto and fiat currencies.

As interest grows among early adopters, SUBBD is positioning itself as a serious player in the new generation of content platforms enhanced by AI and Web3 infrastructure.

Source – Lenny Crypto YouTube Channel

SUBBD: Empowering Creators with AI Tools and Real Token Utility

SUBBD is the native token behind what’s being positioned as the leading AI agent creator platform. It tackles common friction points in subscription-based content—streamlining workflows, enhancing fan engagement, and supporting monetization through automated tools.

This removes much of the administrative overhead creators face, allowing more focus on producing content that matters.

Token holders gain extensive utility within the platform, such as:

Access to exclusive content

VIP staking rewards with up to 20% APY

Platform discounts and loyalty perks

XP multipliers for user engagement

Early beta access to advanced AI tools

These features are designed to encourage long-term use and ecosystem participation. Fans also benefit from personalized content interactions, early access to releases, and more immersive engagement powered by AI.

SUBBD bridges Web2 familiarity with Web3 innovation, offering seamless crypto payments, blockchain-based content verification, and personalized AI agent creation. This positions it as an intuitive entry point for creators and fans moving into the decentralized content economy.

The SUBBD presale currently offers tokens at $0.0556, with a hard cap of $829,000 and just over two days left until the next price adjustment. Investors can participate using ETH, BNB, USDC, or USDT through wallets like Best Wallet, MetaMask, and Coinbase Wallet, or pay directly via bank card.

How SUBBD’s Strategy and Partnerships Fuel Its Momentum

SUBBD’s roadmap shows tangible progress. Phase 1 and Phase 2 objectives have already been delivered, while key upcoming milestones include a beta platform launch, full feature rollout, and listings on both decentralized (DEX) and centralized exchanges (CEX).

Phase 3 will introduce expanded AI capabilities, global marketing, and broader creator tool integrations. A major asset for SUBBD is its strategic partnerships with influential ambassadors—Diana, Brandi Burr, and Caitlin—who collectively bring over 250 million followers.

Build your dream girl from the ground up.

Visualize it. Create it. Monetize it.

Your custom creator is waiting, and she’s ready to go viral.

Powered by $SUBBD pic.twitter.com/0XEacqumB5

— SUBBD (@SUBBDofficial) June 5, 2025

These alliances boost the platform’s reach and social proof, helping it capture attention across diverse creator communities. With clear development targets and high-impact collaborations in place, SUBBD presents a cohesive and forward-thinking vision.

Rather than relying on hype, the project brings together purposeful utility, advanced tech, and creator-centric features.

The presale, combined with its staking incentives and defined expansion plan, underscores its potential to shape how content is created, monetized, and experienced in the AI-powered digital age.

Visit SUBBD

This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article.

With the crypto market hovering around a $3.2 trillion valuation and showing no clear directional trend, many investors are left questioning what’s next.

Despite the neutral sentiment reflected by a fear and greed index reading of 45, sideways consolidation continues to dominate—far from the $3.7 trillion highs seen just months ago.

However, this kind of quiet stretch often precedes major volatility, offering opportunities for those who position early. This article covers the five best altcoins to buy and why they stand out as strategic plays for the coming weeks.

Ethereum (ETH)

Ethereum is currently experiencing a phase of sideways consolidation, hovering around the $2,500 level. Despite the broader market appearing stagnant and lacking clear direction, there are signs of potential movement ahead for Ethereum.

The asset has been likened to a tightly stretched elastic band—coiling in anticipation of a sharp move. Historically, such consolidation phases are followed by significant volatility, which could result in either a sharp upward breakout or a downward correction.

Given the current market conditions, there’s a reasonable expectation for Ethereum to bounce to a range between $3,000 and $3,500 in the coming weeks or months.

Ethereum remains a pivotal asset in the altcoin space, frequently acting as a barometer for broader trends, and its current setup hints at imminent and potentially dramatic price action.

Source – Jacob Crypto Bury on YouTube

Mixie (MIXIE)

Mixie is gaining traction in the crypto space following its recent price movement. It uses AI to create immersive virtual worlds, making it ideal for play-to-earn gaming and metaverse projects. Its practical utility positions it as more than just a speculative token.

Recently, Mixie surged approximately 229% from an entry point of $0.0113 to a high of $0.0349, generating strong returns for early supporters.

While it’s currently experiencing a price correction, hopes remain high for a breakout, particularly as it trades within what appears to be a falling wedge pattern—a potential bullish indicator.

With multiple exchange listings already in place and more developments expected, $MIXIE is being closely watched as a promising low-cap gem in the evolving AI and gaming sectors.

Solaxy (SOLX)

Solaxy is positioning itself as the first-ever Layer 2 solution built on the Solana blockchain, and its presale is already making significant waves. With fewer than 10 days remaining, the project has already raised close to $45 million—an amount that puts it on track to become one of the largest crypto presales of 2025.

That level of funding has attracted attention not only from retail investors but also from major Solana whales, signaling confidence from deep-pocketed players in the ecosystem.

The appeal of Solaxy lies in its ambitious goal: to address the limitations Solana faces during periods of high demand, particularly in transaction reliability and scalability.

As network congestion and transaction failures have become more noticeable on Solana during peak times, the introduction of a Layer 2 solution could significantly improve performance and efficiency.

Hey Solaxy Community it’s here.

The Solaxy Testnet is LIVE. Your first chance to interact with Solana’s first Layer 2 and experience the speed, scale, and simplicity Solaxy brings.

Connect via Backpack Wallet:https://t.co/FBrV3FohC8

You can:
– Bridge SOL (Solana… pic.twitter.com/FQY9AIwSdx

— SOLAXY (@SOLAXYTOKEN) June 2, 2025

Solaxy’s roadmap outlines several clear phases. The upcoming stage includes the Token Generation Event (TGE), during which the $SOLX token will be distributed. Following that, the token is expected to be listed on both centralized and decentralized exchanges, improving liquidity and accessibility.

The final phase will see the full deployment of the Solaxy Layer 2 chain, which aims to onboard high-throughput decentralized applications (dApps) and enable multi-chain integration with advanced scalability features.

The presale also includes a staking mechanism with current returns as high as 90%, and an audited smart contract for added investor confidence.

With a working product expected to launch within weeks, strong fundraising momentum, and major exchange listings ahead, Solaxy is quickly emerging as one of the best altcoins to buy now. To take part in the $SOLX token presale, visit solaxy.io.

Virtuals Protocol (VIRTUAL)

Virtuals Protocol is emerging as a notable contender in the AI crypto space, offering what can be described as an “AI agent marketplace,” drawing comparisons to the Amazon of artificial intelligence. Despite its promising concept, the token has experienced recent price volatility.

Over the past week, it dropped sharply from a market cap of $1.4 billion to $1.1 billion, with the price falling from around $2.30 to $1.69. That represents a 25% decline in just seven days.

However, on a monthly timeframe, the token still holds a 17% gain, suggesting longer-term investor confidence hasn’t completely eroded. The current dip may present an opportunity for those looking to buy during a period of fear-driven selling.

As the project continues to develop and gain traction, especially in the booming AI sector, many investors are watching closely for a potential rebound. Virtuals Protocol remains on the radar as one of the more intriguing AI-related crypto assets in the market.

Solana (SOL)

Solana remains a key player in the cryptocurrency landscape and continues to be closely watched for its potential during upcoming altcoin and meme coin seasons.

Despite experiencing a 12% decline both on the weekly and yearly timeframes, Solana is still up 5% over the past month, indicating signs of resilience in an otherwise uncertain market.

With a substantial market capitalization of approximately $77.5 billion, Solana has already positioned itself among the most dominant blockchains in the space. The long-term outlook is especially optimistic, with expectations that its ecosystem could rival Ethereum’s in the next decade.

This bullish sentiment is grounded in Solana’s growing developer activity, expanding DeFi infrastructure, and scalability advantages. If the crypto market enters another altseason, Solana is likely to benefit from renewed capital inflows and community momentum.

As one of the top contenders in the Layer-1 sector, it continues to present strong upside potential for those looking to hold high-quality assets ahead of the next major cycle.

This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article.

SPONSORED POST*

With the recent sharp correction in the cryptocurrency market, most mainstream cryptocurrencies have fallen. As the flagship token of the crypto market, Bitcoin (BTC) has always been a bellwether of the market. It was about to fall to $103,000, falling from its high point. It is precisely because of this correction that many meme coins including Dogecoin and Litecoin have been affected. DOGE and LTC have fallen by more than 10% in the week. Most holders are not optimistic about the short-term prospects and have chosen the more stable Quid Miner.

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*This article was paid for. Cryptonomist did not write the article or test the platform.

May 2025 marks a turning point for the entire Web3 ecosystem. According to the new Dapp Industry Report by DappRadar, we witness a significant recovery in several verticals: DeFi, NFT, and AI show concrete signs of consolidation and growth. 

With 25 million daily active wallets, a 25% growth in DeFi TVL, and a 40% increase in NFT trading volume, the narrative is changing: from cyclical speculations to a concrete, mature, and distributed use of dapps.

25 Million dUAW: the Dapp Ecosystem is Growing

The report highlights how the number of daily active unique wallets (dUAW) increased by 8% compared to April, reaching 25 million. This widespread growth reflects a renewed enthusiasm from users, driven by three main sectors:

AI dapps: +23% (4.8 million dUAW)

Social dapps: +21% (4.3 million)

NFT dapps: +9% (3.9 million)

We are entering a phase in which DeFi, Gaming, and AI compete for users’ attention on an equal basis. A balance that, as highlighted by DappRadar, represents an important sign of maturity for the entire sector.

Among the emerging trends, InfoFi also stands out, the movement that is leading to the “financialization” of data in a Web3 context. A trend that will see more and more users, AI agents, and protocols exchange data, models, and insights as true financial assets, leveraging blockchain and transparency.

From Hype to Services: The Most Used Dapps of May

If April was dominated by the memecoin mania (Pump.fun above all), in May there was an transition from hype to utility. Some emblematic cases:

Uniswap V2 is confirmed as one of the most used DeFi dapps, with a significant boost linked to the new integration with Soneium, a layer-2 focused on entertainment, developed by Sony Block Solutions.

World of Dypians still dominates gaming, with a stable and engaged community.

SubHub, an AI-powered platform by Dmail, establishes itself in the social dapp landscape with personalized messaging based on wallet and DID.

In summary, the dapps that are growing the most today are not those based on speculation, but those that solve real problems: from smart communications to scalable decentralized finance, including gaming with persistent identities.

DeFi on the Rise: TVL at $200 Billion and Record Volume for Hyperliquid

The DeFi has recorded one of the best performances in recent months, with a TVL increasing by 25% bringing the total to about 200 billion dollars. The credit goes partly to the rally of Ethereum (+40%) and Bitcoin (new ATH), but also to significant infrastructural developments.

The Hyperliquid case

The most surprising dapp is Hyperliquid, a DEX that has reached a monthly trading volume of $244 billion, capturing 10% of Binance’s market share. With these figures, it enters the world’s top 5 for trading volume, surpassing numerous centralized exchanges.

Key News of May in DeFi

Ethereum Pectra Upgrade
Of course! Please provide the text you would like translated, and I’ll be happy to assist.

Launch of the stablecoin EURØP on XRP Ledger, compliant with the European MiCA

Approval in the US Senate of the GENIUS Act, the first federal regulation on stablecoin issuers

South Korea opens to spot ETFs on crypto

DeFi is thus structuring itself as a concrete alternative to the CeFi world, strengthened by technical updates, regulatory clarity, and renewed investor trust.

AI in Web3: Sustained Growth and Demand for Decentralized Intelligences

With 4.8 million daily active users, AI dapps are now reassessing the AI narrative in Web3. SubHub is the most emblematic case, but the report also highlights widespread growth:

ThinkAgents.ai launches a protocol for interoperable AI agents

Tether announces its own decentralized AI platform

Assisterr (Solana) raises $2.8M for no-code SLM tool

Donut Labs receives $7M for the first agentic Web3 browser

BingX will invest $300M in a three-year AI program

A cultural fact not to be underestimated

According to a Harris poll commissioned by Digital Currency Group:

77% of Americans prefer decentralized AI

56% would like AI development to be driven by distributed systems

A data point that strengthens the synergy between Web3 and artificial intelligence: users and investors demand transparency, ownership, and alternatives to tech monopolies.

NFT: +40% in Volume, but Is It a Sustainable Rebound?

The NFTs are growing again, with $280 million in volume (+40%) and 2.7 million transactions (+35%). But is it a real recovery or just a temporary spike?

Ethereum reconquers 53% of the NFT market (+30%)

Abstract records a +1200% for speculative activities and farming

Strong increase for art-based NFT and Telegram/Ton domains

Among the most significant events:

Apple removes the 30% tax on in-app NFTs

OpenSea launches OS 2.0, a multichain marketplace for NFTs, tokens, and memecoins

FIFA migrates its NFT platform to an EVM-compatible chain

Courtyard surpasses $55M in volume thanks to NFTs linked to physical assets

The sector remains partly tied to incentive mechanisms (airdrop and farming), but the signs of an evolution towards utility and mobile scalability are concrete.

Web3 Security: $275 Million Lost in Exploits in May

Despite fewer incidents compared to April, May saw $275 million lost in just 7 attacks, making it the 3rd worst month of the year.

The 3 main exploits:

Cetus Protocol (Sui): $260M stolen

Cork Protocol: $12M lost due to smart contract vulnerability

Mobius Token (BSC): $2.16M, potential rugpull

Security remains one of the main vulnerabilities of the sector. There is a need for more stringent audits, real-time monitoring tools, and greater technical education for developers and users.

Conclusions

The DappRadar report shows a more mature, balanced, and innovative Web3. After turbulent months, the fundamentals are returning to the forefront:

25M active wallets per day

TVL DeFi at $200 billion

NFT +40%

AI reaching the level of DeFi and Gaming for engagement

The sector is shifting from volatile experimentation to building robust infrastructure. The future of dapps will be determined by utility, interoperability, scalability, and security.

And as the report highlights: “It is no longer just a matter of hype, but of fundamentals”.

The recent donation of Bitcoin to Ross Ulbricht has reignited the spotlight on a complex network of transactions linked to digital black markets, revealing surprising connections with Alphabay, one of the most famous dark marketplaces preceding Silk Road.

The transfer of 300 Bitcoin to Ross Ulbricht

In June 2023, the blockchain analysis company Chainalysis revealed that it had tracked a movement of 300 Bitcoin, worth about 31 million dollars, transferred to Ross Ulbricht, founder of Silk Road. 

This transfer has caused a stir because Ulbricht is a central figure in the world of illegal digital markets, sentenced to severe penalties over the past years.

In particular, Chainalysis confirmed that the Bitcoins donated did not originate from Silk Road but were instead connected to Alphabay, a marketplace operational between 2014 and 2017, known for the sale of illegal substances, stolen data, and other illicit goods.

Alphabay has represented for years one of the most important hubs of cybercrime. According to Chainalysis, the sum donated to Ulbricht most likely came from a high-caliber vendor on this platform. 

The director of investigations at the company, Phil Larratt, explained that the amount suggests an internal source at the marketplace, with access to large volumes of Bitcoin.

The complexity of these transactions also emerges from the independent analysis of ZachXBT, a well-known investigator of the blockchain. According to his observations, the donor resorted to multiple mixing services to hide the origin of the funds. 

A mixing service is a tool that “mixes” the criptovalute of various users, making it difficult to follow the path of the funds on the public blockchain ledger, and thus hindering the tracking of the origins of these funds.

The intensive use of these services, along with the conversion into multiple digital currencies, highly likely indicates an attempt to conceal funds with a criminal origin. 

This strategy is common in operations that aim to avoid the freezing or seizure of cryptocurrencies by the authorities.

A legitimate donation from non-legitimate funds

ZachXBT described such movements as a “legitimate donation, but with non-legitimate funds“, emphasizing that the complexity and fragmentation of the transactions are typical of those who want to conceal the illicit nature of the origin of the money. 

This distinction is crucial for understanding the nature of cryptocurrencies: it allows for direct and fast transfers, but makes it complicated to identify the sources of potentially illegal funds without sophisticated analytical tools.

Chainalysis played a crucial role in deciphering the transaction networks linked to Alphabay. 

In the period between 2016 and 2017, the company assisted law enforcement during the operation “Operation Bayonet”, aimed at the seizure and dismantling of the marketplace.

Thanks to the identification of Bitcoin addresses linked to Alphabay, the operation led to the closure of the site and the arrest of numerous cybercriminals. 

However, the value of the digital assets linked to that network has increased by over 40 times since then, accentuating the contrast between past criminal activity and the current value of the Bitcoin involved.

An additional element that makes the story even more significant is the recent total pardon granted by Donald Trump to Ross Ulbricht in January 2023. Ulbricht had spent 12 years in prison for managing Silk Road, sentenced to a double life sentence plus 40 years.

This decision has reopened the debate on justice towards digital actors of the dark web. Furthermore, the pardon can transform public perception of Ulbricht, shifting him from a hardened criminal to a possible victim of a judicial system that may be too harsh.

Implications for the future of cryptocurrencies and dark digital markets

The story of Ross Ulbricht and the Bitcoin donation demonstrate how cryptocurrencies can serve as a vehicle for laundering money from illicit activities, even with advanced anonymization tools. 

However, they also highlight the fact that blockchain analytics technologies are becoming increasingly effective in tracing these flows.

For law enforcement and regulators, this situation highlights the importance of investing in skills and technologies capable of monitoring and deciphering digital transactions. For legitimate users, the story calls for caution when interacting with unregulated platforms.

At the same time, the case suggests that the world of cryptocurrencies is entering a phase of maturity where the balance between privacy and security must be managed carefully.

In summary, the Bitcoin donation to Ross Ulbricht linked to Alphabay represents an emblematic case of the intricate relationship between cryptocurrencies and digital black markets. 

The techniques used to hide the origin of the funds and the subsequent analysis demonstrate how it is possible to trace even very complex transactions, while still maintaining questions about the final motivations.

In the future, this case could encourage greater oversight and regulation of the crypto world, without forgetting the need for protection for those who use Bitcoin and other digital currencies legitimately.

Operators and investors are therefore invited to closely monitor regulatory developments and to operate with caution in their choices, aware that the cryptocurrency environment remains dynamic and constantly evolving.

The recent block 899,826 mined by a solo miner has confirmed how bitcoin mining can still reward those who dare, especially in an extreme and highly competitive technical context. 

This event indeed represents a rare and significant success within a network that records a record difficulty, demonstrating how innovative strategies and tactical moves can overturn the odds.

The winning strike of the solo miner in the bitcoin network

On June 5th, a solo miner achieved an exceptional result: the validation of a one-of-a-kind block, which earned him 3.15 bitcoin, equivalent to over 330,000 dollars. 

This exploit was made possible thanks to the temporary use of a computing power of 261 PH/s (PetaHash per second), provided by the pool solo.ckpool. 

This increase has multiplied its chances of success, starting from a usual activity of only 6.11 PH/s weekly.

The block included a total of 3,680 transactions, all confirmed smoothly, on a day with low network congestion. 

This figure highlights not only the complexity of the operation, but also the miner’s ability to handle a considerable transactional load.

The success of the miner identified as “bc1qa8r…” goes beyond the simple economic win. 

It represents a signal for the community: despite the large computing centers dominating the landscape, individual operators can still emerge, especially by using tactics of temporary rental of computational power. 

This strategy, partly “clandestina”, indeed allows focusing at the right time and in the right way, avoiding the continuous investment of high resources.

Since last February, similar cases have been occurring, demonstrating that solo bitcoin mining is experiencing a new lease of life, even in historically unfavorable conditions. 

The workload is anything but decreased; on the contrary, the network difficulty, now at 126.98 trillion, reaches record levels that would discourage anyone without a precise plan.

Block 899,826: a technical and statistical milestone

The validation of block 899,826 marks an important milestone, being the 300th block mined solo by the CKPool. 

This is not just a number: it represents a milestone that fits into a context of maximum difficulty in bitcoin mining, with the network difficulty having no historical precedent.

Con Kolivas, administrator of CKPool, highlights the nature of this success:

“This computing power has almost certainly been rented.”

The technique of rental hashrate has indeed become a popular tactic to gain a temporary advantage without incurring high fixed investments. 

This allows for a more flexible and targeted approach, essential in a scenario where the struggle to extract a block is played out on probabilities that can reach 1 in millions.

The probabilities of success for this particular block are around 0.03%, or about 1 in 3,050. This figure highlights the amount of energy and strategy behind each extraction, especially for a single miner.

Recently, other similar episodes have further astonished the community: another miner, in April, won $218,000 with odds of 1 in 5,000, while yet another managed to surpass an extremely unlikely 1 in 1.3 million.

These exceptional events fuel hopes and nostalgia, demonstrating that solo mining is not just a memory of the past, but a reality that evolves, adapting to new tools and the dynamism of the bitcoin network.

Mining with pool and rental of computing power

Solo mining through pools like solo.ckpool allows a single miner to benefit from shared resources without joining large stable groups, often devastated by fees and constraints. 

The temporary rental of hashrate – that is, computing power of this type – lowers the entry barriers and allows for quickly shifting one’s tools to the most promising operations.

In the absence of high congestion, agility in transaction validation becomes a key element. Block 899,826 integrated 3,680 movements, an important number that reflects an accurate and impeccable operation. 

When the network is fluid, confirmation costs decrease, and validation speed increases, allowing the miner to maximize gains.

This story shows that luck sometimes rewards the boldest, but also those who know how to act with rationality and flexibility. The growth of techniques for renting computing power and the possibility of solo block validation keep the door open for those who operate independently.

For bitcoin mining, this means that not only do large data centers dominate the landscape, but small or medium operators can also carve out a competitive space thanks to intelligent and targeted strategies.

This renewed interest in solo mining can represent an opportunity to diversify the network, making it more resilient and decentralized. 

As a result, enthusiasts and new miners will be able to continue dreaming and trying their luck, aware that the road is still open – albeit challenging.

Block 899,826 represents a milestone in the history of bitcoin mining, not only for the monetary reward but especially for its technical and strategic nature. The future of the network could see a renewed balance between large factions and bold soloists. 

Staying updated on the developments in mining and evaluating new possibilities for renting computing power will be crucial for anyone who wants to actively participate in this fascinating and constantly evolving world.

FIFA Rivals has announced that it has welcomed, into its football gaming universe, the famous global sports brand Adidas. Players will be able to access new exclusive Adidas digital items within the game. 

FIFA Rivals and Adidas: the offer of exclusive digital items from the brand in gaming 

FIFA Rivals, the famous mobile soccer game by FIFA and Mythical Games, has announced the new entry in its gaming universe: Adidas. 

This is a multi-year licensed collaboration that will have its “kick-off” starting from June 12. 

In practice, the brand and products of Adidas will be present in FIFA Rivals, offering players access to exclusive digital items. Among others, players will be able to obtain kits, jerseys, and shoes inspired by the rich football heritage of the global sports brand. 

In this regard, John Linden, CEO and co-founder of Mythical Games stated the following:

“FIFA Rivals wants to celebrate the global passion for football in a fresh and modern way. Bringing adidas into this world offers players a deeper cultural connection and the opportunity to represent one of the most iconic brands in football, both on and off the field. This collaboration sets a new standard for how brands present themselves in digital experiences”. 

FIFA Rivals and Adidas: a new approach for the sports brand in the universe of gaming 

As anticipated, thanks to the collaboration signed between FIFA Rivals and Adidas, players and fans will be able to unlock a series of digital items in the game. In this way, they will be able to equip their digital teams with the true style of real football. 

Specifically, you will be able to access drops of digital kits with classic and future adidas jersey designs, a release of cleats linked to players’ performances in the real world and adidas drops. Not only that, there is also a limited edition game ball designed for FIFA Rivals gameplay. 

Furthermore, the partnership also includes gaming events, challenges, and limited-time rewards related to the most famous adidas articles and clothing items. 

FIFA Rivals offers a new vision of mobile football, combining the authenticity of FIFA with fast-paced, arcade-style gameplay. 

In general, players can build their team by choosing from the most important clubs and stars in the world, compete in real-time PvP, and trade digital player cards on the Mythical Marketplace. 

In any case, FIFA Rivals will be available on the App Store and Google Play Store starting next week. 

The choice of Avalanche for FIFA Blockchain

Recently, the Fédération Internationale de Football Association (FIFA) revealed that it has chosen Avalanche to power its own blockchain: FIFA Blockchain. 

The new layer 1 of FIFA has been designed to offer digital collectibles and next-generation fan engagement on a global scale. In this sense, Avalanche seems to have met the needs of the most iconic sports organization in the world, thanks to its peculiarities. 

In fact, thanks to its architecture that allows the implementation of sovereign networks like L1, optimized for high throughput, Avalanche has also won over FIFA. 

By doing so, FIFA Blockchain will be able to finalize transactions in less than a second, minimize fees, and withstand network congestion. 

The cryptocurrency market faces a steep drop today, with prices down over 3.5% across the board. Meme coins are taking an even harder hit, falling more than 9%. Bitcoin trades at $101K, while Ethereum holds at $2,400.

Still, the spotlight has shifted to the OFFICIAL TRUMP (TRUMP) meme coin, which struggles amid a public clash between Donald Trump and Elon Musk and rising legal pressure.

Source – 99Bitcoins YouTube Channel

OFFICIAL TRUMP Price Prediction

The $TRUMP meme coin dropped more than 10% today, continuing its downward trend after an 18% weekly loss. It also remains 10% lower on the month.

The ongoing feud between Trump and Musk appears to drive much of the turmoil. Musk claimed Trump wouldn’t have won the 2024 election without his help, triggering a heated exchange between the two that rattled the crypto space.

Legal trouble has now added to the $TRUMP ecosystem’s problems. World Liberty Finance—a Trump-affiliated group—issued a cease-and-desist order to Fight Fight Fight LLC, the team behind the $TRUMP meme coin.

The conflict revolves around the recently announced “TRUMP Wallet,” which Fight Fight Fight claimed would support the $TRUMP coin and let users manage digital assets with a pro-Trump theme.

The Trump camp reportedly didn’t expect this move, especially since the project partnered with Magic Eden, a popular NFT marketplace that also received a cease-and-desist order. With legal threats intensifying and accusations piling up, the TRUMP Wallet launch now faces delays—or even cancellation.

Meanwhile, the official TRUMP account on X (formerly Twitter) has gone quiet. Its last post on June 3 promoted the TRUMP Wallet and teased a $1 million reward pool for users who joined the FREE waitlist at trumpwallet.com. Since then, the team hasn’t provided any updates about the wallet’s future.

Amid the chaos, NFT holders from the “Dinner with Trump” campaign have started receiving their promised TRUMP NFTs. Minted on the Solana blockchain, the NFTs are now being marketed as “historic collector’s items” tied to Trump’s identity as the “crypto president.”

As tensions escalate, Elon Musk has become a surprise center of attention. Social media buzz has shifted in his favor, with growing calls for him to launch a rival cryptocurrency. A new meme coin called MUSK has already begun trending, further igniting speculation.

The $TRUMP community appears shaken. Internal conflict and public drama continue to undermine the project’s earlier momentum. While the future of the token remains uncertain, the spotlight hasn’t moved—and the market continues to watch closely.

New SOL Meme Coin to Watch in 2025: Solaxy (SOLX)

Solaxy is the first Layer 2 blockchain built on Solana. It helps fix problems like slow speeds, failed transactions, and too much traffic on the Solana network.

Solaxy also makes things faster, easier to use, and more efficient. The team already launched tools like a block explorer and a bridge to move tokens between networks.

Recently, the team shared a new developer update and opened the Solaxy testnet. This marked the first chance for users to directly interact with Solana’s Layer 2.

Early users can now move SOL from the Solana Devnet to Solaxy using bridge.solaxy.io, send assets across the network, deploy smart contracts with Solana’s current tools, and track everything through the Solaxy Explorer.

Two new features are coming soon: Igniter Protocol and Solaxy DEX. Igniter will help launch new tokens, and the DEX will let people trade them quickly after launch. These tools will make it easy to go from creating a token to trading it.

The testnet lets builders and traders test apps and bots in real time. The wider crypto world can already see that Solaxy works and is getting ready for full launch.

Source – Solaxy Twitter

Right now, the presale is live with a price of $0.001746. It has raised over $44.6 million. There are only 10 days left. People can buy $SOLX using SOL, ETH, BNB, USDT, or a bank card at the official Solaxy site. Use the correct link to avoid fake sites.

The Best Wallet app supports Solaxy and is becoming popular with early users. It keeps assets safe and private, with no ID checks. People can also stake $SOLX and earn 90% APY to grow their tokens.

Visit Solaxy

This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article.

The stock market listing of Circle (IPO) has attracted the attention of investors from the early hours of trading, with a surge in the stock price that has tripled the initial value. 

This debut marks a crucial step for the digital asset industry, in a context of great regulatory and competitive excitement.

Circle and the IPO: growing numbers and new perspectives

Circle, a technology company active in the cryptocurrency and digital asset sector, has revised its initial public offering (IPO) multiple times, pushing the price and the quantity of shares offered upwards. 

After submitting the S-1 form to the Securities and Exchange Commission in April, the company has progressively increased the number of class A shares offered, reaching a proposal of 34 million shares at 31 dollars each. 

A significant increase compared to the initial plans, which foresaw between 24 and 32 million shares at lower prices.

This strategy reflects the growing confidence of investors and the interest in Circle’s business model, as well as in the stablecoin industry and digital financial services. 

The IPO of Circle thus emerges as an important indicator of the health of the crypto ecosystem in traditional markets.

The public offering of Circle comes at a time of intense political movements in the United States. 

In view of the 2024 presidential elections, many companies linked to cryptocurrency have increased their investments in electoral campaigns, with the aim of influencing legislation in favor of more favorable regulations compared to the restrictions imposed by the Biden administration.

The digital asset sector seeks to reaffirm its role in the financial system, aiming for less stringent regulations that facilitate large-scale adoption and collaboration with traditional banking institutions.

According to experts like Duane Block of Accenture, Circle’s ability to reach public markets on a large scale “is something that has never been seen before” in the digital asset sector. 

This milestone demonstrates the operational maturity and the validity of the services developed by the company, especially in the field of stablecoin, digital currencies anchored to traditional assets.

Competitive advantages of Circle and validation of the model

However, the road to mainstream adoption remains long and complex. Circle will have to contend with established banking institutions, which are considering issuing their own stablecoin. 

For example, Bank of America has stated that it will launch a stablecoin only after the approval of clear federal legislation, while Santander is also considering entering the market.

Robert Anderson, partner di FTV Capital, emphasizes that Circle has already obtained a “clear validation” in terms of real use cases. 

The greatest benefits emerge especially in high-value international transactions, where it is possible to reduce costs and speed up reconciliation times.

These advances are significant, but the stablecoin market is still evolving and presents many nuances to be defined, including the role that large global banks intend to play in the digital money transfer sector. 

Anderson highlights how traditional financial institutions maintain a dominant role in the business of monetary flows and could represent formidable competitors.

A critical point for Circle remains the dependence on a rather specific source of revenue. The so-called float, or the interest generated from managing reserves linked to stablecoins. In the first quarter of 2024, in fact, 96% of Circle’s revenue comes from this type of activity.

The current context of interest rates above 4% on money funds makes this strategy very advantageous. Furthermore, the absence, for now, of proprietary stablecoins from large banks like JPMorgan Chase further favors Circle.

However, it appears clear that the company will need to explore new sources of revenue to support its long-term growth, especially when the competition becomes more intense.

The role of traditional financial institutions in the competition

The possible entry of global banks into the stablecoin sector will change the market balance. Many institutions indeed have the advantage of vast payment networks and established trust among clients and regulators.

This requires Circle to work on innovation and service quality, possibly aiming for strategic collaborations or complementary solutions to maintain its leadership in an increasingly crowded market.

The IPO of Circle represents a significant milestone for the entire digital asset ecosystem. The initial success of the stock shows that investors see potential in this technology and in the solutions offered by stablecoins.

However, the evolution of the sector passes through a global financial system that still needs to define clear and inclusive rules. 

Only with stable regulation, combined with a solid and innovative commercial offering, will it be possible to achieve full integration of digital assets into the traditional financial world.

Circle will therefore need to continue to innovate and adapt, expanding its business models and collaborating with different institutions to consolidate its position.

The stock market listing of Circle and the initial success of the stock therefore open up very interesting scenarios for the stablecoin and digital asset sector. 

In a period of rapid regulatory and technological changes, it will be crucial to closely follow the moves of this fintech and the major financial institutions. 

For investors and industry operators, a strategic moment is emerging to seize growth opportunities and influence the future of global payment systems.

The posta nazionale della Romania has taken a significant step towards digitalization by installing its first Bitcoin ATM in the city of Tulcea, marking a crucial moment in the integration of cryptocurrencies into public services.

The installation of the first Bitcoin ATM in Tulcea, Romania 

Poșta Română, the state postal service of Romania, has inaugurated its first Bitcoin ATM in one of its locations in Tulcea, in collaboration with the local exchange Bitcoin Romania (BTR). 

This initiative represents a significant turning point in the adoption of digital financial assets by a public entity, which until today was mainly tied to traditional services.

The device allows users to buy and sell Bitcoin directly at postal branches, making criptovalute accessible to a wider segment of the population. 

This model reduces the barriers related to the access of digital assets, often limited to online platforms, and facilitates the use of Bitcoin as a daily financial tool.

According to the official statement from Poșta Română, the installation will not stop in Tulcea. The next cities to host the new Bitcoin ATMs will be Alexandria, Piatra Neamț, Botoșani, and Nădlac. 

This territorial spread shows a clear strategy aimed at improving the coverage of digital services, especially in areas less served from a technological point of view.

The decision to focus on locations such as Alexandria and Botoșani highlights the desire to reach residents in less central areas, where access to cryptocurrency infrastructure is more limited. 

As a result, the initiative helps bridge the digital divide in the country and increase financial inclusion.

The installation of Bitcoin ATMs is part of a broader technological modernization project undertaken by the Romanian post office. The main objective is to innovate the network of traditional branches by expanding service offerings with cutting-edge digital solutions.

In particular, Poșta Română aims to elevate its role in society, becoming not only a point of reference for shipments and packages, but also for advanced financial operations. 

The use of cryptocurrencies highlights a trend towards the future, where digital is not just an accessory, but a central element of the public offering.

The importance of Bitcoin ATM in via di diffusione

The Bitcoin ATM in postal locations are evidence of a growing acceptance of cryptocurrencies by governments and public institutions. 

This phenomenon is explained by the recognition of the ever-increasing demand for digital assets and the necessity to integrate such instruments into traditional financial circuits.

In fact, the entry of Bitcoin into the public sector helps to legitimize these resources as alternative forms of investment and payment. 

Furthermore, it facilitates digital financial education, helping the public to become familiar with the concept of cryptocurrency and to use it safely.

Thanks to Bitcoin ATMs, citizens can now access operations such as the direct purchase of Bitcoin without necessarily having to go through complex online services or unregulated exchanges. 

Furthermore, the placement of the machines at post offices ensures proximity support and a reliable environment.

This improvement in digital services in less urbanized areas also promotes social cohesion, as it encourages the inclusion of segments of the population previously excluded from the bull sector of new technologies. 

By doing so, the community network is strengthened and the local economy is stimulated. The collaboration between Poșta Română and Bitcoin Romania reflects a collaborative approach between the public and private sectors to facilitate the adoption of digital assets. 

This highlights how institutions are actively responding to the transformations of global finance.

Furthermore, the initiative aligns with a broader trend of many nations pursuing the integration of digital currencies into the official economic system, recognizing their innovative potential and contribution to international competitiveness.

“`html Bitcoin: a financial asset in growth  “`

The introduction of Bitcoin ATMs in Romanian post offices demonstrates the growing significance of Bitcoin as a global financial asset. Used for both investments and transactions, Bitcoin is confirmed as a key element in the landscape of digital instruments.

In Romania, the spread of services for Bitcoin indicates an increase in interest towards alternative forms of investment and payment. Thus, citizens can benefit from new opportunities for financial inclusion and diversification of their assets.

The project of installing Bitcoin ATMs in postal locations represents just the beginning of a journey towards a broader and deeper digitalization. 

Poșta Română seems determined to expand its technological offering to meet the emerging needs of modern society.

As a result, it is likely that, in the medium term, there will be an increase in the adoption of other related digital services, expanding the role of the post from a simple service point to an integrated digital hub.

The expansion of this network will allow citizens and small businesses to more easily access the potential offered by cryptocurrencies. 

The integration of Bitcoin within public services promotes a more direct dialogue with financial innovations and creates new chances for local economic development.

Furthermore, the widespread presence of post offices makes the technology accessible to a wider audience, facilitating the learning and conscious adoption of digital currency.

The case of Romania represents an important model for other countries that wish to modernize their public infrastructures and promote the adoption of cryptocurrencies. 

The strategy of Poșta Română demonstrates how the complementarity between public and private resources can generate innovation and inclusion.

Therefore, observing and following this approach can contribute to creating more efficient and democratic systems for the management of digital assets, fostering a more integrated and sustainable financial future.

In the cryptocurrency landscape, the Garantex case has brought to light over 15 million dollars in active reserves of the platform, highlighting how difficult it is to control decentralized financial activities and comply with anti-money laundering (AML) regulations.

Garantex and the cryptocurrency escape: what happened

Global Ledger, a company specialized in Anti-Money Laundering tools for the crypto sector, has detected an Ethereum (ETH) wallet linked to Garantex that started moving large amounts of Ether starting from March 6. 

In particular, 2.3 million ETH have been transferred to the Tornado Cash mixer, a tool that allows hiding the traceability of transactions.

This specific portfolio still holds 6.1 million ETH, but these funds remain inactive for now. At the same time, holdings in Bitcoin (BTC) have also been subject to movements. 

In fact, about 2.2 BTC have been “bridged” (transferred via a cross-chain bridge) to the TRON network, and subsequently part of these were sent to the Grinex platform.

These movements demonstrate how the liquidity of Garantex is not simply frozen, but is shifting between different blockchain chains and obscure services, in order to evade the restrictions imposed by the authorities. 

This dynamic highlights an uncomfortable reality: the free movement of millions of dollars between chains and mixers does not represent a failure of the law, but a failure in the enforcement of sanctions, as highlighted by the Global Ledger report.

On March 6, alongside the suspicious movements, Tether froze 27 million dollars in USDT deposited in wallets linked to Garantex. 

This action had an immediate impact, leading the platform to suspend all operations. 

In an official statement, Garantex accused Tether of having “declared war on the Russian cryptocurrency market” and of having blocked funds for over 2.5 billion rubles (approximately 27 million dollars).

This episode is part of a context of strong regulatory pressure on Garantex, already under the scrutiny of international authorities.

International sanctions and legal implications

During 2022, more precisely in April, the Office of Foreign Assets Control of the U.S. Department of the Treasury issued the first sanctions against Garantex, accused of violating anti-money laundering requirements and other regulations. 

Subsequently, on February 24, 2025, the European Union formalized its own restrictive measures against the platform.

These sanctions represent a clear signal of the global mobilization against platforms that do not comply with AML and anti-terrorism regulations. 

However, as highlighted by the data that emerged, the measures adopted do not yet seem sufficient to completely block the flow of illicit funds.

On March 12, Garantex announced the arrest of the founder Aleksej Bešciokov while he was on vacation in India. Local authorities are considering his extradition to the United States, where he faces several charges, including conspiracy and money laundering.

This event marks a key moment in the development of the investigations and could pave the way for further legal actions against the management and the operational structure of the platform.

The Garantex case highlights how complex it is to ensure full control over cryptocurrency platforms, especially those that operate with transaction obfuscation techniques like mixers and cross-chain bridges.

The over 15 million dollars in active reserves, part of which are in continuous movement, demonstrate that sanctions alone are not enough. 

Consequently, greater coordination is needed between institutions, advanced technological tools, and stricter regulations to limit the risk that such platforms become preferred routes for illicit activities.

The role of AML technologies and the future of regulation

The activity of Global Ledger highlights the importance of specialized tools for monitoring crypto transactions. Solutions like those of Global Ledger offer greater transparency in the otherwise opaque landscape of cryptocurrencies.

However, without an effective enforcement of sanctions and a more incisive international collaboration, the problem of compliance remains critical.

The Garantex case demonstrates that the growth of the crypto sector cannot disregard a system that combines innovation and control. The freezing of Tether funds and the maneuvers of wallets in Ethereum and Bitcoin show the complexity of a decentralized and global system.

For operators, regulators, and investors, the challenge is to find a balance between financial freedom and security. 

Consequently, it is essential to invest in effective anti-money laundering technologies, implement cooperation mechanisms between countries, and promote the transparency of platforms, even at the cost of shifting part of the control to new governance models.

Ultimately, the Garantex affair is not just an isolated case, but a wake-up call for the entire cryptocurrency sector, which must decisively address the issue of regulation and legality. 

Those who operate or invest in this field should therefore closely monitor regulatory developments and position themselves responsibly to protect their assets and the reputation of the market.

Google has recently launched the highly anticipated update of Gemini 2.5 Pro, an enhanced model that aims to address the issues highlighted in previous versions. 

This version represents a decisive step forward for Google’s artificial intelligence, especially in terms of performance, reasoning ability, and output quality. 

Let’s discover in detail what changes and why Gemini 2.5 Pro is preparing to become a stable point of reference for developers and users.

Google in evolution: the journey of Gemini 2.5 Pro

The evolution of Gemini shows a rapid pace of updates: rarely does a day pass without Google introducing a new release. 

The 2.5 Pro version represents the most recent and advanced phase, designed to correct the regressions that emerged after the latest update “I/O Edition” (or 05-06).

The previous edition had focused primarily on improving coding, and that release had already led to a score of excellence in the Aider Polyglot test, with a value of 82.2%. 

This result comfortably surpasses the main competitors like OpenAI, Anthropic, and DeepSeek. However, some aspects of the general functionalities—outside of coding—had received legitimate criticisms.

The Google team, led by Logan Kilpatrick, has listened to the feedback received and focused efforts on restoring and improving the overall capabilities of the model. According to Kilpatrick, the new Gemini 2.5 Pro “closes the gap on the regressions of 03-25”. 

This means that the current version offers greater creativity and superior quality in formatting the responses, elements highly appreciated by users.

The possibility of configuring “piani di pensiero” (thinking budgets) for developers constitutes another significant innovation. 

Thanks to this function, it is possible to calibrate more precisely the use of computational resources to obtain more effective responses, reducing waste and improving quality in different contexts.

After the preview release, the transformation of Gemini 2.5 Pro into a stable and final version is expected soon, integrated into the app licensed to the public and the web interface. 

This transition marks a crucial moment, because until today the Pro version has maintained the status of “preview,” limiting a broader adoption.

Performance in open field: creativity and clarity of results

Among the most evident improvements is the model’s ability to produce texts with a more accurate format. The combined use of header, bullet points, and bold significantly enhances the readability and impact of the responses. 

Google emphasizes that these elements facilitate understanding and engagement, an added value in many practical applications.

Furthermore, Gemini 2.5 Pro stands out for a significant advancement in reasoning capabilities. A notable example concerns a long-tested evaluative question: “Would the color still be called ‘magenta’ if the city of Magenta did not exist?” 

Only a few models manage to provide a coherent and authoritative answer, and Gemini 2.5 Pro finally responds with a decisive “no”. 

This fact demonstrates how the updated version has refined the cognitive tools to correctly interpret complex and nuanced information.

Even with previous versions, Gemini had achieved excellent results in the response evaluation rankings compared to those of other large language models. 

In fact, the scores placed him at the top of the leaderboard, but with Gemini 2.5 Pro Google further strengthens this primacy.

It is not surprising that the company emphasizes these successes, highlighting how judgments based on “blind” comparisons, where users assess quality without knowing which model they are testing, confirm the preference for Gemini.

Early access for developers and advanced users

Those who wish to experience the new features of Gemini 2.5 Pro can already access them through platforms like Vertex AI and AI Studio. 

Furthermore, a trial version is already available in the Gemini app, although the public release and full integration into the consumer product are expected in the coming weeks.

The arrival of Gemini 2.5 Pro marks a significant turning point for the artificial intelligence offered by Google. 

Not only does the update aim to eliminate previous issues, but it introduces important innovations in the management of computational resources and in the improvement of expressive quality.

With a model that prioritizes clarity, creativity, and improved reasoning ability, Gemini positions itself as a powerful and versatile tool for both developers and end users.

In view of the definitive integration, it is advisable for interested users to closely monitor the evolution of Gemini 2.5 Pro, exploring the functions offered in the preview versions. 

As a result, the adoption of this AI model can bring a clear competitive advantage, while simultaneously stimulating innovation and the growth of new intelligent services.

The update of Gemini 2.5 Pro by Google thus represents a milestone in the field of conversational artificial intelligences. 

The ability to respond with clarity, creativity, and accuracy, combined with the continuous improvement of performance, positions this model as a solid point of reference for the future. 

Staying updated and testing these technologies will be essential for anyone who wants to fully leverage the potential of next-generation AI.

Bitcoin is currently experiencing a highly volatile day, but the overall news surrounding it remains notably positive. Despite facing significant pressures, including a broader crackdown on cryptocurrency content and channels, Bitcoin continues to be at the center of attention in both the retail and institutional sectors.

This crackdown is seen by some as part of a larger political struggle against the crypto industry, reflecting its growing influence and the financial independence it offers to retail investors, who are increasingly breaking free from traditional financial systems that have historically suppressed them.

Bitcoin’s rising significance in the financial world was underscored by major market activity this week. Stablecoin leader Circle shook up Wall Street with a striking New York Stock Exchange (NYSE) debut, selling 34 million shares at $31 each and raising nearly $1.1 billion.

Trading began around $69 per share, pushing the company’s valuation close to $18 billion. At its peak, Circle soared by 235% from its offer price, hitting $103.75 before ending the day above $80. In another notable move, Trump Media (DJT) revealed plans for a Bitcoin-focused exchange-traded fund.

On Thursday, the company filed a registration with the SEC to launch a Truth Social Bitcoin ETF, which intends to hold Bitcoin directly and track its market performance through publicly traded shares.

These moves signal that cryptocurrency remains at the forefront of institutional interest and investment, underscoring its role in a significant ongoing battle for market dominance and acceptance.

Source – ClayBro on YouTube

Bitcoin Price Prediction

Bitcoin remains in a consolidation phase, trading within a narrow range marked by strong resistance around $104,000 and solid support between $102,000 and $99,000.

Despite holding its ground, technical indicators on lower timeframes suggest slight bearish momentum, as the price has dropped below key moving averages, including the 7-day and 30-day VWAP. With Bitcoin currently sitting at the 12-hour trend support, there’s limited bullish strength evident.

The most likely scenario, unless a strong reversal emerges during the upcoming U.S. session, is a continued pullback toward the $102,000 and potentially $101,500 levels. However, if price action breaks above $105,500 with significant volume, a push to $107,000–$108,000 remains possible.

BTC Bull Presale Crosses $6.8M – Just 24 Days Left to Join

Bitcoin’s current landscape is marked by volatility and challenges, yet underpinned by solid institutional interest, retail investor enthusiasm, and technological innovation. It continues to lead the charge in the crypto sector, poised for significant growth and playing a pivotal role in shaping the future of decentralized finance.

Moreover, Bitcoin is also paving the way for innovative projects and ICOs that are gaining momentum, such as BTC Bull (BTCBULL), which integrates Bitcoin price milestones.

BTC Bull is an innovative meme coin project that’s capturing significant attention in the crypto space due to its unique Bitcoin-linked mechanics and rapid fundraising success.

The token is designed to let users benefit from Bitcoin’s potential rise to $1 million while earning real Bitcoin rewards simply by holding the token. The presale has already raised nearly $6.8 million, signaling strong early interest from investors and the broader crypto community.

The project’s key feature is its reward system, which ties directly to Bitcoin’s price trajectory. As Bitcoin increases in value and reaches significant price milestones — such as $100,000, $150,000, $200,000, and beyond — BTC Bull holders stand to receive airdrops in actual Bitcoin.

Last chance to buy BTCBULL before launch!

The countdown ends on June 30th.

Here’s what’s coming:
BTCBULL token burns
BTC airdrops at price milestones
BTCBULL airdrop when Bitcoin hits $250K

Join the herd: https://t.co/FQZXEzFwWu pic.twitter.com/aeUmLJcSOC

— BTCBULL_TOKEN (@BTCBULL_TOKEN) June 2, 2025

This creates a strong incentive for long-term holding, as rewards grow alongside Bitcoin’s market price. In addition, the project plans strategic token burns at these price milestones. As Bitcoin hits new highs, portions of the BTC Bull token supply will be burned, potentially increasing the value of the remaining tokens.

BTC Bull’s integration with Best Wallet app allows users to purchase tokens easily using credit cards or cryptocurrencies. The user-friendly interface and straightforward payment options lower the barrier to entry for both crypto veterans and newcomers alike.

The current token price is just $0.00255, offering potential upside for early investors—particularly if Bitcoin continues on a bullish path. The presale is currently in a stage targeting $7.9 million, with only 24 days left to participate.

BTC Bull merges the appeal of meme coins with Bitcoin’s institutional narrative, creating a hybrid investment model where community enthusiasm meets long-term BTC optimism.

As the price of Bitcoin climbs, BTC Bull aims to turn that upward momentum into real, tangible rewards for its holders. To take part in the $BTCBULL token presale, visit btcbulltoken.com.

This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article.

What was once the beginning of what many thought could have been one of the best relationships, a legendary friendship even, has now bitten the dust.

The outlandish level of support that Elon Musk once gave Trump, which many onlookers viewed as childish, has boiled down to an epic feud involving all kinds of bad words coming from both parties.

“Elon is not mentally stable,” said President Trump, following Elon Musk’s remark on X that Donald Trump’s name is inside the infamous Epstein Files.

This feud has now poured into the cryptocurrency space, leading to $170 billion being wiped out from the cryptocurrency market. This has led many to ask the question: is it the right time to find the best crypto to buy now?

Friendship Turned Sour – Billionaire vs Billionaire Politician Saga

It all began with the “One Big Beautiful Act,” a comprehensive legislative package that Donald Trump introduced with House Republicans this year.

The bill includes tax reforms, new tax exemptions, State and Local Tax (SALT) deductions, healthcare and social programs, and even a Supplemental Nutrition Assistance Program (SNAP).

However, the inclusion of the reduction of clean energy incentives, a part of the Inflation Reduction Act, is where Elon and Trump went head-to-head.

Elon Musk, whose claim to fame before X and SpaceX was Tesla, will obviously feel the brunt of this bill. The Tesla founder, who had already distanced himself from DOGE, an initiative that he himself designed, is not happy about it. He has called it a “disgusting abomination,” something that could add an additional $2 trillion deficit to a country already reeling under a multi-trillion dollar debt.

Donald Trump isn’t budging either, expressing his frustration over Elon Musk’s criticism of the bill, going as far as threatening to revoke federal contracts awarded to Musk’s companies.

“Without me, Trump would have lost the election, Dems would control the House and the Republicans would be 51-49 in the Senate,” wrote Elon on X to express his seething rage. The war of words continued with Elon Musk sharing a tweet of an old video featuring Trump, a bunch of models, and of course, Jeffrey Epstein.

https://t.co/DTdfJWydLS

— Elon Musk (@elonmusk) June 5, 2025

$170 Billion Wiped out Within 24 Hours

Since both Elon Musk and Donald Trump are, in more ways than one, deeply entrenched in the cryptocurrency market, $170 billion was wiped out from the cryptocurrency space.

Bitcoin dropped below the $100K mark for a moment, trading around the $94.5K level, which is the first time the world’s largest crypto has fallen into five-digit territory in a month. While the Bitcoin price has since risen above the $103K level due to a panic rally setting in, the short-term crash still made a major impact.

Ethereum also saw a decline of over 7%, reaching close to $2.4K, followed by Dogecoin, which crashed by 9%, as Elon Musk distancing himself from the Department of Government Efficiency is seen as distancing himself from the token.

The drop in these three major cryptocurrencies led to an overall decrease of approximately 6%, equivalent to $170 billion.

The Fear and Greed Index has shifted from greed to neutral territory. And while there has been some recovery recently, it isn’t happening fast enough to recapture the recent highs.

Is it the Right Time to Find the Best Crypto to Buy Now?

Whenever there is a big tussle between titans, the market moves. And while existing high-cap cryptos are volatile, people looking for safer investment options can look at presales as smart investment picks.

BTC Bull

Bitcoin has pulled back from its all-time high and is now trading just above the $103K mark. While BTC isn’t looking like the best bet right now, similar cryptos with unique mechanics are.

One of them is BTC Bull, which has leveraged the speculative aspects of the meme coin market and its indirect relationship with Bitcoin to get an engagement boost across social media.

BTC Bull has established strong mechanics including token burns and Bitcoin airdrops to elevate itself from standard meme coins on the market.

It doesn’t hide the fact that it is a standard meme coin, and that focus has made it an unconventionally honest cryptocurrency, fit for those looking for short-term gains.

Additionally, the memetic approach of this crypto is also one to focus on, since the imagery it portrays focuses not only on spreading positivity around Bitcoin, but also on making quips about the current market conditions.

Bitcoin Hyper

Bitcoin’s current state can also be attributed to the fact that it continues to be only a speculative asset with little to no conventional utility. Since its architecture is to blame, Bitcoin Hyper is a project that emerged to make Bitcoin better through a unique L2-based ecosystem.

Developed on the Solana Virtual Machine, Bitcoin Hyper aims to make Bitcoin faster, more scalable, and more diverse.

The Pepe-driven themes added to this make Bitcoin Hyper a strong meme coin as well — one which has already made waves, raising upwards of $520K to date.

The project has already made its way to the channels of top crypto analysts, including Alessandro De Crypto, who has shown excitement for this project’s unique mission.

Snorter

The Trump–Elon fallout makes now the right opportunity to invest in a Solana-based meme coin, despite Official Trump recently losing $100 million in value. This is due to the emergence of new tokens that are tapping into the evolving narrative.

But quickly finding these tokens matters, and that’s where Snorter steps in to help.

A meme coin project with strong imagery and a Telegram-based underlying utility, Snorter is an AI-driven crypto sniping tool designed to find and invest in the best Solana-based meme coins as they emerge on the market.

Additional protection tools like MEV protection, honeypot detection, and rugpull protection are also built into its ecosystem, which further enhance Snorter’s value proposition beyond traditional hype-only meme coins.

Furthermore, being available on presale makes it a safer bet compared to meme coins currently facing turmoil in the market.

Conclusion

The Elon vs. Trump feud seems to have no expiry date, at least for now, which means investors should expect further volatility in the market.

Therefore, the best play right now is to pull back from the cryptos currently available on exchanges and focus energy on the best crypto to buy now among crypto ICOs.

This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article.

XRP is facing a challenging period as market conditions remain volatile, with its price showing signs of a possible drop below the $2 mark.

Broader market instability is playing a major role in this downturn, as both Ethereum and Bitcoin are also seeing declines—Ethereum down roughly 7% and Bitcoin hovering around the $102,000 level, with potential to dip below $100,000 if negative trends persist.

Compounding the market uncertainty is the unexpected feud between Donald Trump and Elon Musk, which has taken a sharp turn with personal accusations and political threats.

Additionally, lingering concerns over U.S.-China trade discussions, especially a pending conversation between Trump and President Xi, are contributing to the nervousness in the market. A positive outcome from that meeting could offer a temporary lift, but no confirmation has surfaced yet.

XRP is especially vulnerable during this period due to low liquidity, allowing bearish forces to exert more influence over price movements.

Historically, June and July tend to be weaker months for the crypto market, characterized by reduced interest, low capital inflows, and diminished trading activity. This seasonal pattern, combined with current macro tensions, sets the stage for continued downward pressure.

Source – Austin Hilton on YouTube

Crypto in Crisis? Trump–Musk Feud Sends Shockwaves Through Markets

The cryptocurrency market, already reeling from volatility and declining liquidity, faces a new source of uncertainty: an escalating feud between two of the most influential figures in business and politics—Donald Trump and Elon Musk.

This surprising conflict has rapidly intensified and is now contributing to broader market instability, particularly in the crypto sector. The tension reportedly began when Elon Musk publicly criticized a proposed budget bill backed by Donald Trump, calling it a “disgusting abomination.”

What might have been dismissed as routine political commentary quickly escalated. Musk’s remarks sparked a heated exchange, with rhetoric becoming increasingly personal and pointed. Most recently, Musk accused Trump of being connected to the Epstein files, a claim that stirred widespread controversy.

Time to drop the really big bomb:@realDonaldTrump is in the Epstein files. That is the real reason they have not been made public.

Have a nice day, DJT!

— Elon Musk (@elonmusk) June 5, 2025

In response, Trump threatened to cancel existing government contracts with SpaceX, Musk’s aerospace company. This public clash between two high-profile and powerfully influential individuals has sent shockwaves across financial markets.

Investors are now weighing the potential fallout, not only in terms of political implications but also for companies and sectors tied to either figure. Musk’s influence spans the tech, automotive, and space industries, while Trump’s voice still carries weight in U.S. economic policy and political discourse.

The feud adds another layer of unpredictability to an already fragile market landscape, where cryptocurrencies like XRP are struggling against downward pressure. This feud sends troubling signals to investors.

Markets depend on stability and confidence, but public clashes between powerful figures like Musk and Trump shake sentiment. If the conflict escalates—through canceled contracts or legal action—it could become a broader risk factor.

Until there’s clarity, uncertainty may continue to weigh on risk assets like XRP and other altcoins already struggling with low liquidity.

XRP Price Prediction

XRP appears to be facing mounting bearish pressure, with the price currently struggling to sustain momentum following a failed breakout attempt. Despite briefly showing strength earlier in the week, $XRP has been unable to push through key resistance around the $2.22 level—a historically high-liquidity zone.

The token has since dropped below crucial technical indicators, including the 50 EMA, 7-day VWAP, and 90-day VWAP on the 4-hour chart, all of which signal a likely continuation to the downside.

The most probable scenario in the near term is a decline toward the value area low between $2.07 and $2.00, potentially even dipping to $1.95 during intraday volatility. While a full crash is not expected, the overall market conditions and lack of strong momentum suggest XRP may trend lower in the medium term.

Short-term stability is possible, with immediate support around $2.12, but unless buying strength returns, $XRP seems poised to test lower support zones before any meaningful recovery.

Crypto Market Uncertainty Doesn’t Stop Solaxy’s $44.5M Presale Success

Amid growing uncertainty in the crypto market, with XRP facing pressure and a high-profile clash between Elon Musk and Donald Trump, a new meme coin presale appears to be defying the odds. Solaxy, a Solana Layer 2 (L2) project still in its ICO phase, has raised an impressive $44.5 million.

The initiative positions itself as an L2 solution designed to address some of the Solana network’s well-known challenges, such as scalability issues and failed transactions.

A key component of Solaxy’s utility is its upcoming decentralized exchange and the Igniter protocol, which aims to empower users to create their own meme coins — a feature that could significantly enhance the platform’s appeal and engagement within the crypto community.

The project has also launched its block explorer and bridge, critical infrastructure elements that mark important milestones in Solaxy’s journey toward broader adoption and practical use.

These tools facilitate transparency and interoperability, which are essential for the functionality and trustworthiness of any blockchain project. Solaxy’s presale is user-friendly, allowing participants to convert $ETH or $USDT into $SOLX tokens via popular wallet integrations such as Best Wallet.  

The Solaxy universe is expanding every day.

44M Raised! pic.twitter.com/yIRZinZAPR

— SOLAXY (@SOLAXYTOKEN) June 4, 2025

The project’s active presence on social media, particularly on platforms like Twitter (now X), where it boasts near 80,000 followers, demonstrates strong community engagement and ongoing support. The frequent celebration of fundraising milestones further bolsters confidence in its momentum.

Investors have only 10 days left to participate, as Solaxy could become a significant player in the evolution of Solana’s blockchain capabilities, attracting both developers and investors looking for scalable and reliable alternatives.

While still early in its lifecycle, Solaxy’s solid fundraising, active development, and strong community backing position it as a noteworthy project to watch. To tale part in the $SOLX token presale, visit solaxy.io.

This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article.

Solana is making significant strides in the crypto market, despite the seemingly quiet price action. Currently trading around $153, Solana reached a high of $186 in the last two weeks before retracing to its current level.

Over recent months, the price chart has shown a healthy upward curve, reflecting steady growth and resilience. More importantly, on-chain data reveals a surge in retail participation, with the number of wallets holding at least 0.1 SOL reaching an all-time high of 11.6 million.

Although 0.1 SOL equates to just around $15, this growing base of small holders points to increased confidence and belief in Solana’s long-term potential. Unlike networks where whales dominate and absorb smaller positions, Solana is experiencing a grassroots movement fueled by retail optimism and expanding DeFi activity.

Source – ClayBro on YouTube

Solana Price Prediction

Solana is currently facing a pivotal moment in its price trajectory. After briefly moving into a key resistance zone between $160 and $164, the price failed to reclaim this level, encountering strong resistance from multiple technical indicators, including the 200 EMA, the 4-hour downtrend line, and the 7-day rolling VWAP.

This rejection suggests a potential move lower in the short term, with targets around $150 and possibly down to the 90-day rolling VWAP near $142.

Although there’s a chance for a bullish reversal—particularly if broader market strength returns—there is currently insufficient confirmation to support that scenario.

The most likely outcome remains continued consolidation or a gradual decline, unless significant buying pressure reemerges, particularly during key trading sessions such as the U.S. market open.

New Solana Meme Coin Solaxy Set to Launch – Is This the Next MIND of Pepe?

Despite the bearish technical setup, Solana’s fundamentals remain relatively strong. Decentralized exchange (DEX) trading volumes have been impressive recently, and momentum may receive an additional boost from the upcoming launch of a high-profile meme token on the Solana network.

While total value locked (TVL) has dipped slightly, this is largely attributed to the declining price of SOL itself, which influences the valuation of Solana-based assets. One such token gaining traction is Solaxy (SOLX), which has already raised approximately $44 million with less than two weeks remaining in its ICO.

The project has also amassed over 76,000 followers on X (formerly Twitter), showcasing strong community interest. The momentum around Solana-based meme coins is reminiscent of recent breakouts like MIND of Pepe, which surged over 100% in a single day shortly after its launch.

MIND of Pepe raised over $12 million and has since hit fresh highs, further affirming the bullish sentiment returning to the crypto space. Positioned as Solana’s first layer-2 chain, Solaxy aims to solve some of the most pressing issues within the Solana network, such as congestion, failed transactions, and limited scalability.

The Solaxy universe is expanding every day.

44M Raised! pic.twitter.com/yIRZinZAPR

— SOLAXY (@SOLAXYTOKEN) June 4, 2025

With its unique architecture, Solaxy offloads transaction volume onto its own chain using rollups, enhancing the speed and efficiency of the network during peak activity periods. The project boasts a robust development pipeline, with a live testnet already available.

Users can bridge Solana Devnet tokens to the Solaxy chain, deploy smart contracts using Solana’s native tools, and monitor activity through the dedicated Solaxy Explorer.

Further utility is expected through the launch of a decentralized exchange (DEX) and the Igniter Protocol, both of which are designed to expand the ecosystem and drive token value.

Solaxy is also being marketed as a meme coin with multi-chain compatibility and an emphasis on real utility, blending hype with functionality. The $SOLX token is priced at $0.001746 and is currently available for purchase via popular crypto wallets, including MetaMask and the Best Wallet app.

Solaxy is positioning itself not only as a meme-worthy investment but also as a technical upgrade to the Solana ecosystem. With strong tokenomics, a growing community, and concrete development milestones already met, it’s no surprise that investors are taking note.

The final days of the presale offer a narrow window for those looking to secure early entry before public trading begins. To take part in the $SOLX token presale, visit solaxy.io.

This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article.