Babylon, a Bitcoin staking protocol, has announced a live governance proposal on Platform X concerning its Genesis chain. The proposal suggests lowering the unbinding fee for the second phase of staking from 100 sats/vbyte to 30 sats/vbyte. Voting is underway and will close on Monday, April 21, 2025, at 7:00 AM UTC.
In traditional markets, PANews reports a decline across major U.S. indices this week. The Dow Jones and Nasdaq have each fallen by over 2%, while the S&P 500 has decreased by 1.5%. This downturn is reportedly due to investor reaction to U.S. Federal Reserve Chair Jerome Powell's comments on central bank market support. Investors are also reportedly waiting for developments in tariff negotiations before committing to long-term positions and are paying close attention to discussions in various countries for clues. Several Federal Reserve officials are scheduled to speak next week, which could impact market sentiment.
Within the cryptocurrency space, $VOXEL , the utility token of the game Voxie Tactics, has experienced a significant price increase. Fueled by its use for in-game purchases like weapons, armor, and items, and coinciding with a "double reward week," VOXEL has surged nearly 200% on Binance in the past 24 hours.
Meanwhile, on the Solana blockchain, $DARK, the native token of the Dark Eclipse project, has seen remarkable growth. Dark Eclipse, described as a Web3 project leveraging AI to dynamically enhance user toolsets, has reportedly soared by 244% on BingX. This surge is attributed to increasing confidence in its utility and the growing interest in AI-integrated projects within the Solana ecosystem.
