Chain

The partnership between Ripple and HashKey DX is a strategic move to tap into the booming Japanese supply chain finance market. According to a recent study, the role of blockchain in supply chain finance will grow from $360 million to $13.4 billion by 2030.

Ripple intends to replicate this success in Japan by introducing its HashKey DX supply #chain finance product, which has already been successful in China with over $7 billion in transactions. This initiative is in line with Ripple's broader goal of driving #XRP Ledger adoption and strengthening its position in the global financial ecosystem.
Jack Stroh argues that XRP can replace the US dollar in Japan based on several key factors. He argues that Japan has already begun to adopt XRPL-based solutions, citing that SBI Group introduced XRP-based cross-border payment services last September.
According to Straw, the move shows Japan's willingness to explore alternatives to the traditional banking system. He also suggests that XRP could provide an alternative source of liquidity to the dollar in Japanese foreign exchange transactions, potentially reducing reliance on the SWIFT network.
If XRP replaces the US dollar in the Japanese foreign exchange market, it could have a significant impact on the Japanese economy and global trade relations.
Jack Straw believes that such a move would accelerate Japan's dedollarization process and lead to the sale of dollar reserves into other assets such as gold. In addition, the introduction of a stable XRP coin could facilitate the digital movement of funds and further reduce Japan's reliance on the traditional banking system.
Although speculative, Jack Straw's predictions offer interesting possibilities for the future of the Japanese economy. If the #Ripple initiative gains traction in the Japanese market, it could lead to significant changes in the circulation of the Japanese currency.
As the Japanese yen's exchange rate against the U. S.
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Compatible Chains. The company claims to be the first multi-chain wallet capable of this.

Blinks, a relatively recent innovation introduced by the #Solana Foundation in partnership with developer Solana Dialect, creates a common URL that can be used to make transactions on a #chain . For example, users can directly interact with a smart contract on social platform X without leaving the site to 'Blinks!
' without leaving the site.
The new #OKX product has a dedicated OKX Wallet URL that can be hosted and interacted with online. The company has partnered with Dialect to incorporate Blinks into its wallet technology stack, and claims these transactions have "zero fees.
With the addition of multi-chain Blinks, users can now make even more on-chain transactions right on familiar websites and platforms, Jason Lau, OKX's chief innovation officer, said in a press release.
With the addition of multi-chain Blinks, users can now make even more on-chain transactions right on familiar websites and platforms, Jason Lau, OKX's chief innovation officer, said in a press release.
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Chainlink (LINK) just hit a stunning milestone, showcasing the growing financial power of blockchain networks! As of April 18th, LINK's market capitalization reached $8.25 billion.
Why is this huge? It officially surpassed the valuation of a major, established media company, which stood at $8.04 billion.
This "flippening" isn't just numbers; it highlights how crucial infrastructure projects in the digital asset space, like Chainlink's oracle network, are achieving significant financial heft, rivaling and even exceeding traditional industry players. It's a powerful indicator of where value is accumulating in the modern economy.
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Polkadot's development began with the formation of the network after it went public in 2016. However, things changed in 2023 and 2024. The team shifted their focus from core functionality and developed a faster and more secure network. This modernization improved accessibility for both developers and users.

Result. Significant growth; #Polkadot transactions have jumped 300% since June and reached 40 million per month in November. This lucrative platform has become economically successful by supporting multiple applications. It supports game development through social media and offers a supply #chain project,
Gavin Wood successfully ran "Doom" on the chain at 30 frames per second. This includes both server logic and full graphics rendering. A second program running on a separate #core on the chain reads and outputs the frame buffer.
Mythos Chain's gaming assets on the #blockchain for NFL Rivals have attracted one million active wallets and five million Polkadot's gaming division will expand with the release of FIFA Rivals What is
On-Chain Doom? It refers to Polkadot's ability to do this. They tested the network while spamming the Kusama experimental network. The results are as follows: the Polkadot network achieved over 143,000 TPS, higher than all competing blockchain systems.
Gavin Wood, via Future Update Polkadot, JAM, DOOM, fully
Imagine that your smartphone could only handle a calculator, and suddenly someone told you that you could play full 3D games on it. Blockchain technology has done just that.
blockchain networks increase speed, but require complex hardware and lead to centralization. Polkadot is different. Horizontal distribution provides workload scalability across many nodes. The network protects all users without requiring specifications for participation.
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Onyx Protocol is a decentralized platform that facilitates a peer-to-peer money market lending protocol. The Onyx Protocol supports a variety of digital assets, such as Ether (ETH), ERC-20 tokens, ERC-721 tokens, and ERC-1155 tokens, which can be supplied or borrowed through an aggregated and unified balance, supported by non-custodial custody via decentralized smart contracts. Furthermore, NFTs can be supplied as collateral to enhance the borrowing capacity of the corresponding account.Onyx Protocol’s underlying mechanism is powered by Onyxcoin (XCN), a decentralized digital asset on the Ethereum blockchain that serves as both the protocol's governance and utility token. Credit lines accessed and borrowed through the Onyx Protocol do not have monthly payments or expiration dates, and they remain perpetual as long as the collateral is deemed sufficient.#xcn #chain #eth #ERC20

-BEVM is designed to divide its architecture into 4 main layers, each optimizing and ensuring interoperability and functionality

:
Interoperability Layer "chain by chain": This layer connects BEVM to #bitcoin via a Bitcoin light node and a bet confirmation (pos) mechanism. The nodes enable fast BEVM data transfer without compromising the integrity of the bitcoin network, while the PoS consensus ensures fast and efficient transactions.
Consensus Layer: BEVM utilizes a Byzantine fault-tolerant consensus system with a threshold signature that allows up to 1000 consensus nodes to operate without compromising security or overloading the system, even during periods of heavy traffic. It will.
Virtual Machine Tier: Using a board, this tier ensures that applications developed on the BEVM remain compatible with the EVM. #Ethereum developers can use their tools to create applications that run on this network.
Distributed Applications (DApp layer): BEVM offers a complete set of EVM development tools to facilitate the creation and management of dapps. This layer allows developers to connect projects and access integrated services such as wallets, user management and transaction capabilities.
Implementation and sustainability: By using #BTC as a gas, BEVM will create a new use case for bitcoin and incentivize the use of BTC in all transactions on the network. In addition to increasing utility costs, it also opens up opportunities for miners to make money.
Optimize cost and speed: Process data on the main #chain and write the results into bitcoins to reduce costs and increase transaction speeds.
Extended bitcoin functionality: With EVM compatibility, BEVM can extend the functionality of BTC users and create applications that go beyond just transferring funds. Developers can create DeFi applications, "NFT" and Dao markets on the BITCOIN network, use BTC as a gas, and benefit from its stability and decentralization.

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Ndreds of trillions" - Sergey Nazarov says 2024 is the year cryptocurrencies and the global financial system merge

ndreds of trillions" - Sergey Nazarov says 2024 is the year cryptocurrencies and the global financial system merge
Sergey Nazarov, one of the co-founders of #Chainlink (link), says this year could be the year of a major merger between #blockchain and the traditional global financial system.Speaking at the Consensus 2024 conference, Nazarov said the market for blockchain assets exceeds $100 trillion.Chainlink's co-authors shared a graph showing that 2.7 trillion in debt markets and 106 trillion in equity markets could move to blockchain. The graph also shows that other assets such as global real estate and derivatives could be tokenized.Nazarov says that eventually all financial transactions will be on the blockchain, and 2024 is the year when the global financial system will start moving payment systems to the public blockchain.So the amount of value seen in the trend of tokenization of digital assets in the real world, even on a public network, already exceeds #StartInvestingInCrypto (decentralized finance). And because it doesn't account for all the value of the private #chain , the banking chain, and all these more private systems, it's no longer accounted for ".The world we are moving towards is a world where all the world's values, all the loans, all the derivatives, all the commodities, are essentially linked together, represented in a chain, and can be converted into ever more sophisticated financial instruments. In an efficient and fast way, we are talking about months, not minutes and seconds.Now what may take months can take minutes and seconds, and as more assets are connected to the chain, they become compounded and the balance sheet becomes more perfect.
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A key feature of the Bitcoin blockchain is that the block time on the network (i.e. the rate at which miners resolve blocks) remains relatively constant at the standard 10 minutes per block.

This feature exists because miners are rewarded for resolving blocks, which is the only way to mine new cryptocurrency tokens. Because these blocks are issued at a constant rate, the growth of the asset remains stable and its inflation is predictable.
As a result, no matter how many hashrates miners add to the network, the block mining rate will not increase in the long run.
The extra processing power allows rewards to be earned faster initially, but only until the next bi-weekly difficulty adjustment, when the #chain makes it so difficult for miners that it negates the benefit of the extra power.
Since rewards thus remain limited, an increase in #hashrate means a smaller distribution of rewards among individual units of competence.
Therefore, for every hashrate increase in the network, individual miners must increase their competence by the same percentage to remain competitive in the chain.
In other words, the hashcoins discussed earlier grow as the hashrate increases. Since hashrate is close to ATH these days, hashcoins are also relatively high.
The chart shows that bitcoin's hashrate has increased dramatically recently and has updated ATH. However, the hashrate remains unchanged, so where did this sharp rise come from?
The answer lies in the fourth halving, which occurred on April 19. While Complexity provides a constant rate of inflation for assets, Harbing is a measure that actively reduces that rate.
Approximately every four years, the block reward is halved in this particular event.
After the block reward was halved, miners can now mine half as much as they used to, and the hashcoin rate skyrocketed. Currently, it takes 1.13 EH/s for miners to mine one token per day.
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SUI tokens are struggling to recover from the low point of the year.

SUI has fallen sharply in the overall value of the #blockchain .
The fall in #SUI value reflects the downward trend of the crypto industry.
The crypto industry has shown mixed asset performance in recent weeks, as evidenced by impressive value spikes and drops. Sui, a Tier 1 blockchain offering scaling solution #BTC , like many others, has gotten off to a strong start, recording impressive growth across its ecosystem.
Gaining momentum, Sui celebrated a historic milestone on March 28, when the total value of the blockchain surpassed $700 million. The celebrations were short-lived, however, as the DeFi protocol quickly went downhill.
According to data from analytics platform DeFiLlama, on Monday, April 8, the total amount contributed to Sui's blockchain was $654 million.
This is 12% less than the record $724 million a week earlier, indicating a downward trend after the record peak. However, despite the decline in Sui TVL's value, it still outperformed well-known chains such as PulseChain and Cardano, which set negative records of -23.58% and -15.91% over the same period.
Sui's current value has also increased by 25.5% over the past month, or about 68% compared to its value on New Year's Eve.
The impressive performance of this new retail #chain has fueled optimism that it can develop parabolic momentum, increase DEX volume, accumulate TVL value-add and become a top-10 chain.
TVL Sui's fall reflects the current underperformance of its native tokens, which have also fallen sharply from trading price highs over the past year.
Sui's native ecosystem tokens are currently trading at $1.69, about 28% below the all-time high of $2.18 reached on March 27, 2024.
Overnight, the current value rose 2.9 percent, and over the past seven days, the token has fallen in price by 12.10 percent.

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FET failed to break out of the descending channel and was under bearish pressure.

A decline in stock reserves amid increased whale activity suggests an imminent trend reversal.
#FET was under bearish pressure after falling 14% over the past two weeks. The bearish sentiment prevented a breakout from the descending parallel channel.
FET was trading at $1.18 at the time of publication. The altcoin continues to face resistance at USD 1.34, which is also the upper trendline of the descending channel, amid declining buying interest.
the Relative Strength Index (RSI) has reached 37, indicating strong selling pressure. In addition, the RSI is below the lows, indicating that bearish sentiment is intensifying.
the Average Directional Index is also rising. This indicates that the current downtrend is strong and may continue unless demand changes.
The daily chart is predominantly bearish, but the indicators on the #chain are showing signs of a bullish reversal.
According to CryptoQuant, the FET's currency reserves have dropped significantly over the past four days. The reserves fell from 502 million to a one-week low of 497 million.
the decline in currency reserves has a positive effect on prices, as it leads to less selling pressure. Therefore, if this decline continues over the next few days, the selling pressure on FET may diminish and the #token may be ready to rebound.
The drop in the index also suggests that the recent downtrend has weeded out the weak holdings that contributed to the high selling activity.
Whale activity around FET tokens has also increased, with IntoTheBlock data showing that the number of large FET transactions over $100,000 increased from 4.63 million to 7.56 million in 24 hours.
Such a spike suggests that whale activity around this altcoin is very high. If these whales are buying, it could have a positive impact on prices.

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#TokenEconomy #BlockchainFuture

Permanent link to article: decentralized exchange (DEX) Solana Trading volume on decentralized exchange (DEX) Solana shows a steady negative growth for the fifth week in a row, reflecting the decline in trading activity on the network.

The top three DEXs with the highest trading volumes for the entire period were Meteora, Raydium and Orca, with a total trading volume of $155,172 million.
The main reason for the decline in trading volume on the DEX on #Solana can be attributed to Mimecoin fatigue and the use of this method of liquidity mining by token creators.
The #decentralized exchange (DEX) on Solana for the week ended February 16, was registered about 20.2 billion U. S. dollars. According to DeFiLlama, this figure extended a string of five consecutive weeks of declining weekly trading volumes.
the data analysis site also revealed that trading volumes on the Solana blockchain fell 28% to US$31.8 billion for the week ending February 10, 2025.
the decline in activity on Solana DEX is attributed to broader market trends: other blockchains such as BNB #Chain , Ethereum, Sui and Polygon also experienced similar declines in trading volume.
According to DeFiLlama data, weekly trading volume decreased by
the most active DEX was Meteora, which ranked first among DEXs with $875.8 million in trading volume, followed by Raydium with $836.37 million and Orca with $322.32 million. The total trading volume of the top DEXs reached $155.172 billion for the whole period;
Meteora's weekly trading volume was $8.024 billion and the volume/TVL ratio was 0.84, indicating high liquidity; Raydium's weekly TVL was high, but the volume/TVL ratio was low at 0.5.
DEX Solana's trading volume decreased while Binance Smart Chain (BSC) increased, becoming the most traded chain among decentralized exchanges.
March 2024 statistics show that BSC DEX's trading volume is the third highest after Solana at US$47.81 billion, in third place after Ethereum, in contrast to Arbitrum with US$27.74 billion in fourth place. Increase in trading volume

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