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New XRP ETFs Surpass $130 Million: SOL, BTC, ETH Lag Behind
Spot XRP ETFs, which began trading in the US, made a splash in their first session on Monday. Grayscale and Franklin Templeton's new funds attracted over $60 million in inflows in a single day, outperforming both Bitcoin, Ethereum, and Solana ETFs. This strong start, which accompanies the general market recovery, indicates that the long-awaited institutional interest in XRP is finally becoming visible.XRP ETFs ImpressGrayscale's conversion of its closed-end GXRP Trust into an ETF made immediate impact on the first day; the fund closed the day with a net inflow of $67.4 million. Franklin Templeton, the $1.5 trillion asset manager's new product, XRPZ, attracted attention with a net inflow of $62.6 million. The combined performance of the two giants closed the day with over $130 million in volume. Adding the $16.4 million from Canary Capital's XRPC fund and the $17.7 million from Bitwise's XRP ETF, the spot XRP ETF category recorded a net inflow of $164.1 million in just one day. Furthermore, the total net inflows of XRP ETFs launched on November 13th have already reached $586.8 million, with not a single outflow recorded to date.Franklin Templeton ETF Product Director David Mann outlined the rapid increase in institutional appetite, emphasizing that XRP is "a digital asset that plays a fundamental role in the global settlement and payment infrastructure." However, it's noteworthy that BlackRock hasn't yet included XRP products; for now, the company appears to be focusing on maintaining its market dominance with its Bitcoin and Ethereum ETFs.The positive market sentiment has also pushed the price of XRP higher. XRP, which rose 8.6 percent on Monday, was trading at $2.20 at the time of writing. BTC, ETH, and SOL ETFs lag behind XRP.On the same day, US spot Bitcoin ETFs experienced net outflows of $151.1 million. Ethereum products partially offset this with net inflows of $96.6 million. Solana ETFs closed positive for the 20th consecutive day with inflows of $58 million, bringing their total inflows to $568.3 million. However, they still failed to match the first-day performance of XRP ETFs.Grayscale's DOGE ETF Opens QuietlyGrayscale also launched the first US spot DOGE ETF on Monday. However, the DOGE ETF failed to register any inflows on its first day. Despite this, experts see this launch as a symbolic breakthrough. NovaDius President Nate Geraci described the DOGE ETF as "one of the most striking indicators of the regulatory transformation of the past year."
What is Bloktopia (BLOK)?
The concept of the metaverse has become one of the most exciting developments in the digital world in recent years. These digital universes, where people spend time not only for entertainment but also for working, learning, and even investing, offer a vision of a future intertwined with technology. This new world, shaped by the combination of technologies such as virtual reality (VR), blockchain, and NFTs, makes the classic internet experience much more interactive and personal. This is where projects integrating the crypto world into the metaverse stand out. One such platform is Bloktopia.Bloktopia is an innovative metaverse platform designed with the theme of a 21-story skyscraper, combining the world of cryptocurrency with virtual reality. In this digital universe, users can both have fun, learn, and have the opportunity to earn income. The project is being developed with the Unity game engine and built on the Polygon blockchain, offering a fast, low-cost, and decentralized experience. Each floor is dedicated to a different experience area: educational content, advertising spaces, NFT galleries, event stages, and more. Users can roam this virtual skyscraper with their avatars, participate in events, purchase land, or build their own digital projects. The BLOK token, at the center of this entire ecosystem, forms the backbone of the system with functions such as payments, rewards, and staking. Let's take a look at what Bloktopia is, how it works, and what opportunities it offers.The Definition and Origins of BloktopiaBloktopia was born in 2021 at the intersection of virtual reality (VR) and crypto technologies. In addition to being a technical metaverse platform, this project also aims to increase crypto literacy, provide income opportunities for users, and make the digital experience enjoyable through gamification. Co-founders Ross Tavakoli (CEO) and Paddy Carroll (CMO) bring their experience in finance and technology to this project, establishing a decentralized learning and interaction space in the metaverse. Designed as a 21-story virtual skyscraper, this universe directly references Bitcoin's limited supply of 21 million tokens; in essence, it has both a symbolic and functional structure. Bloktopia's motto is "Learn, Earn, Play, Create"—learn, earn, play, and create. These four concepts form the platform's core pillars. When users log in, they first encounter the ground-floor lobby. From there, each floor offers a different experience. The lower floors house cryptocurrency training videos, the middle floors host sponsored presentations and booths, and the upper floors house special event halls, NFT galleries, and gaming areas. Both users seeking training and entrepreneurs seeking brand collaborations can find space within this structure. Landowners (REBLOK) can also create their own content, rent these spaces out, or sell them as NFTs. Bloktopia stands out with its decentralized structure. Everything runs on blockchain; this means the platform is controlled directly by the user community, not a centralized company. This is made possible by the DAO (Decentralized Autonomous Organization) system. The native token, BLOK, grants voting rights in governance processes and drives all economic interactions. Created using the ERC-20 standard on the Polygon network, the BLOK token offers a structure that reduces transaction fees and enables fast transfers.BLOK holders can purchase all on-platform assets, such as advertising space (ADBLOK), land parcels (REBLOK), event tickets, and access to exclusive content. They can also earn passive income by staking their tokens. The system also allows for the burning of tokens as a result of certain transactions, reducing the supply and creating a deflationary token economy. With a total supply of 200 billion BLOK tokens, the platform gains more usage as the platform grows, building a resilient economy driven by user participation. Bloktopia's History: Major MilestonesSince entering the metaverse in 2021, Bloktopia has been a continuously evolving project, listening to community feedback and gradually expanding its technological infrastructure. With the opportunities it offers for both individual users and corporate partnerships, it enriches the blockchain-based virtual reality experience every year. Since its initial launch, Bloktopia has attracted attention with various investment rounds, exchange listings, product updates, and community events, and is consistently following its roadmap. Here are the project's major developments and milestones over time:2021 (Foundation and Launch): Bloktopia was launched in 2021 under the leadership of Ross Tavakoli and Paddy Carroll. In its first year, the project attracted the attention of strong investors. In August 2021, a private investment round with industry giants such as Animoca Brands and Polygon raised approximately $4.2 million. In October of the same year, the BLOK token was listed on major exchanges such as KuCoin, attracting investors. Binance Academy also highlighted the 21-layer VR metaverse concept by listing Bloktopia among the "four notable crypto projects in the Metaverse." This period marked the first major turning point in the project's recognition by the global crypto community.2022 (Initial Expansion Phase): 2022 saw Bloktopia accelerate its product-focused development. In August 2022, the BLOK/USDT pair began trading on the MEXC exchange. This year, new technical features were integrated into the platform; the metadata layer was strengthened. Furthermore, a new advertising NFT model called ADBLOK was introduced. Thanks to this structure, users were able to transform virtual advertising spaces into NFTs, displaying their own content and earning a share of advertising revenue. At the same time, community engagement was increased through virtual conferences, workshops, and promotional events organized within the platform, and interaction between users gained momentum. 2023 (VR Experience and DAO Era): In 2023, Bloktopia took steps to further enhance the VR experience. In February, a new VR space called "Meta Spaces" was integrated into the platform, and the first live VR launch was held in this space. At the event, CMO Paddy Carroll and CEO Ross Tavakoli met with users in a virtual environment and shared the roadmap. This introduced a new layer of experience that provides one-on-one interaction within the metaverse. The beta version of the Bloktopia wallet was launched to users in March 2023. This wallet was developed to facilitate on-platform token transactions and asset management. With the Bloktopia DAO feature announced at the same time, token holders can now directly participate in governance processes, i.e., vote on project decisions. This step was crucial for the concrete realization of the decentralization vision. 2024 and Beyond: By 2024, Bloktopia is preparing to release its long-developed MVP (Minimum Viable Product) version. The team officially announced that the MVP will be released by October 2024. Co-founder Paddy Carroll described this development as "the most critical milestone in the project's roadmap." During this process, platform users were invited to a beta environment where they could purchase and rent assets within the metaverse and test their own content. Significant technical innovations were also introduced: VR headset compatibility was improved, new floor plans were designed, and the SDK (Software Development Kit) introduced tools for users to create their own content from scratch. Furthermore, collaborations with other blockchain projects like Elrond aim to bring new integrations and user flows to the platform.2025: As of November 2025, the price of BLOK coin is trading around $0.00010. Why Is Bloktopia Important?Among early-stage metaverse projects, Bloktopia stands out for both its vision and technical infrastructure. Its 21-story virtual skyscraper combines crypto learning, gamification, and monetization. Its "edutainment" approach, which blends education and entertainment, allows users to both learn and actively participate in the interactive experiences offered by the platform. Operating on the Polygon network, it offers both low transaction fees and high speed, resulting in access to a wider range of users.Bloktopia appeals to a wide range of cryptocurrency users, from newcomers to experienced investors, developers, and content creators. The platform's core core of learning, gaming, earnings, and creativity distinguishes it from traditional metaverse projects. Features like advertising revenue and NFT trading, which enable users to generate passive income, make the platform not only a platform for experimentation but also a sustainable economic model. While the supply of the BLOK token diminishes over time through a burn mechanism, distributed rewards and a staking system reinforce user loyalty. All these components make Bloktopia a project that distinguishes itself in both today's and the future's digital economy.Use CasesWith its extensive content offering, Bloktopia is not just a game or a showcase; it's a multi-purpose digital hub. Here are some of the prominent use cases:Metaverse Experience: Users can freely navigate the 3D VR environment with their own avatars. Each of the 21 floors has a different theme. Many sections, such as exhibition areas, project launch stands, partner offices, and private rooms for content creators, are open to exploration. Interaction is instantaneous; meaning a user can be in the same space with another user at the same time, experiencing one-on-one social experiences.VR Events: The platform hosts virtual meetings, global launches, panels, and presentations. At the first live VR event, held in 2023, the CEO and CMO met with users in person in a virtual environment. Product launches, AMAs (Ask Me Anything), concerts, and even TEDx-like content can be experienced within the metaverse. Advertising: Bloktopia offers brands an innovative advertising space. Thanks to NFT-based billboards called ADBLOK, companies can directly reach their target audience. Users who own these billboards receive a share of the revenue generated, transforming advertising into a user-based revenue model.Education: The "Learn" aspect of the project has a strong focus. Content can be offered on a wide range of topics, from basic cryptocurrency concepts to advanced trading strategies. Virtual classrooms, video seminars, interactive workshops, or one-on-one mentoring sessions make the training both accessible and engaging.NFT Showcases and Art: Users can showcase their NFT artwork on the Bloktopia marketplace. Owners of REBLOK (land NFTs) can build galleries on these plots of land and create custom themed exhibitions. These spaces are open to other users and are also actively used for sales and interaction. Token EconomyBLOK is a utility token at the center of the Bloktopia universe. It's not just for buying and selling; it also plays a role in many functions, including staking, spending, advertising revenue generation, and governance. Approximately 24.8 billion BLOK tokens are in circulation, out of a total supply of 200 billion. The distribution plan is quite detailed:33% Treasury (for development and reserves),25% Staking rewards,15% Founding team,7% Advisors,6.16% Second private sale,4.15% First private sale,4% Seed investors,3.29% Early adopters,1.4% Public sale,1% Exchange liquidity.This model focuses on long-term growth. Maintaining high staking and treasury ratios, in particular, ensures community engagement and sustainable on-platform incentives. BLOK has two important mechanisms:Staking:Users participate in staking pools by locking up any amount of BLOK tokens for a specific period. This contributes to the security of the network and generates passive income. Staking participants also have a say in governance votes held through the DAO.Burn:BLOK tokens used during certain transactions (e.g., REBLOK purchases) are removed from circulation. This reduces the supply, aiming to increase the token's value over time. In other words, the system both rewards users and creates a deflationary structure within the token economy.In addition, a portion of the revenue generated from ADBLOK billboards is distributed to token holders. Thanks to this model, advertising generates revenue not only for the platform but also directly for the user.Who is the Founder of Bloktopia?The team behind Bloktopia consists of individuals with significant experience in virtual reality and blockchain technologies. The project is driven by both technical proficiency and a visionary approach. Co-founder Ross Tavakoli has been an active figure in the crypto world since 2015. Known for his background in game development, Tavakoli shaped the technical infrastructure and product vision at Bloktopia. The other co-founder, Paddy Carroll, comes from a marketing background. After holding senior positions at major brands, he joins Bloktopia to lead the community building, brand identity, and partnerships side.The Bloktopia team is growing stronger over time. Simon Benson has been appointed CTO (Chief Technology Officer). Benson is a VR expert who worked on the Sony PlayStation VR project and has extensive experience with virtual reality hardware. As such, he is one of the individuals who has taken Bloktopia's VR experience to the next level from a technical perspective. Libby Rothwell, CIO (Chief Information Technology Officer), comes from the film and media industry. With his experience in mass communication and content strategies, he contributes to the integration of Bloktopia into the digital arena. This ensures the project is not only technically sound but also secures a solid foundation in terms of content production and user experience.The team strives to operate the project as transparently as possible. The names, backgrounds, and areas of responsibility of all founding members and executives are openly shared with the public. This provides a significant advantage, particularly in terms of investor trust and community engagement.Bloktopia is supported not only by its founders and technical team, but also by its strong investor network and collaborations. Leading companies in the industry, such as Animoca Brands and Polygon Labs, are contributing financially and technologically to the project. Furthermore, various blockchain projects, such as Elrond, are also joining the ecosystem by opening virtual offices within the Bloktopia universe.Frequently Asked Questions (FAQ)Below, you can find some frequently asked questions and answers about Bloktopia.What is the difference between Bloktopia and BLOK coin? Bloktopia is the name of the 21-story VR metaverse project; BLOK is the token used in this ecosystem. In a sense, Bloktopia is a virtual universe, while BLOK coin is the currency within this universe. BLOK tokens are spent on land purchases, event participation, and other services within Bloktopia.What does Bloktopia do in the metaverse? Bloktopia is a metaverse platform where users can learn and play cryptocurrency and participate in virtual events. In this world, designed like a real skyscraper, you can watch educational videos, attend virtual classes, play games, socialize with friends in VR, and even take advantage of revenue opportunities like NFTs and advertising. BLOK token holders also benefit from privileges such as access to exclusive events and land rentals.How to purchase BLOK tokens? The BLOK token is available on centralized crypto exchanges and some DEXs. For example, it can be traded using the BLOK/USDT pair on major exchanges such as Kraken, ByDFi, and Crypto.com. It is also possible to supply BLOK tokens on local exchanges such as Koineks and Paribu in Turkey, or on global platforms (KuCoin, Gate.io, etc.). To purchase tokens, simply open an exchange account and deposit the desired amount of tokens into the specified crypto portfolio.Are VR headsets required for Bloktopia? Bloktopia is fundamentally designed to provide a VR experience; however, VR headsets are not mandatory. Because the platform provides a virtual space, it can be accessed via a computer or mobile device. However, VR headsets enhance the metaverse experience by enhancing visuals and interactivity. Anyone can participate in the project with any device, but a VR device is recommended for those who want to experience the 3D sensation in VR.What is the future of BLOK coin? Many experts emphasize that the future of BLOK depends on the popularity of the Bloktopia metaverse. The project's ability to reach its target audience, update with new features, and maintain community interest will influence the token's value. According to Paribu, developments in the BLOK token's roadmap and active product portfolio are key factors that will shape its future. Of course, the crypto market is volatile; therefore, long-term expectations may vary depending on the overall interest in metaverse projects and their continued competitiveness. As of 2025, the metaverse space appears to be less attractive than it once was.You can find up-to-date guides, analyses, and user guides related to Bloktopia and metaverse projects in the JR Kripto Guide series.
UNI Comment and Price Analysis - November 24, 2025
UNI/USDT Technical AnalysisA major and exciting shift is taking place within the Uniswap ecosystem. Under the proposal called “UNIfication,” trading fees are expected to be activated and millions of UNI tokens will be burned. This transformation could turn UNI from a simple governance token into a value-producing asset. Rising and Falling Trend From a technical perspective, the structure on the chart is quite clear. There is a long-term ascending main trend, and the price continues to react positively each time it pulls back toward this trend. At the same time, a medium-term descending trend is pressing down from above. The interaction of these two structures has formed a distinct symmetrical triangle on the chart.The price is currently positioned around the middle of this triangle, and the available movement range is narrowing. In such formations, the direction of the breakout typically determines the next major trend.Bullish ScenarioIf the price begins to break above the 6.18 – 7.43 range, the first target becomes 7.88. The key decision zone, however, lies between 9.30 – 11.00. Sustained closes above this area would break the descending trend and shift UNI back into a strong bullish structure.Bearish ScenarioThe 5.30 region remains the main support forming the lower trend. As long as this area holds, the overall structure is not considered broken. However, a close below this level would signal a downside breakout of the triangle, potentially pushing the price toward 4.90 or even 4.30.UNI is currently squeezed between a long-term ascending trend and a short-term descending trend. It may continue ranging within this band for a while, but once a breakout occurs, the asset carries a high probability of generating a sharp directional move.These analyses do not constitute investment advice. They focus on support and resistance levels that may offer potential short- or medium-term trading opportunities depending on market conditions. The responsibility for trade execution and risk management lies entirely with the user. Stop-loss usage is strongly recommended for all shared setups.
$1.9 Billion Outflow in Crypto Funds: BTC, ETH, SOL, SUI in the Red!
Crypto asset investment products experienced a significant wave of outflows last week. According to CoinShares' latest report, a total of $1.94 billion in outflows from crypto funds occurred. This brings the total outflow over the last four weeks to $4.92 billion. This period marked the third-strongest series of outflows since 2018.The weakening of investors' risk appetite continues to pressure both prices and fund flows. Nevertheless, the $258 million inflow on the last trading day of the week signaled a limited, albeit drastic, recovery in market sentiment.Bitcoin funds recover after a large outflowBitcoin products were hit the hardest. $1.27 billion in outflows from BTC funds during the week. This level of outflow suggests that investors remain cautious in the short term. However, the picture changed somewhat on Friday, with $225 million inflows into Bitcoin funds. This movement suggests that, despite the weak weekly outlook, investors are looking to buy at the dips. Interest in short Bitcoin products continues to strengthen. Funds holding short positions saw $19 million in inflows during the week. The total inflow over the last three weeks reached $40 million, representing 23% of the product's assets under management. The increase in AUM for short products is striking; it grew by 119% in just three weeks.Ethereum investment products were also affected by the downturn. $589 million in outflows from ETH funds occurred during the week. This figure represents 7.3% of the funds' total assets. However, similar to Bitcoin, $57.5 million in inflows were seen on Friday, with a limited recovery.Solana weakened in altcoins, while XRP roseThe picture on the altcoin side is mixed.• Solana closed the week negatively with $156 million in outflows.• XRP, however, bucked the general trend and attracted attention with $89.3 million in inflows.XRP emerged as the strongest performing asset of the week. Strong interest in fund flows could also have a supportive effect on the price. The sharpest outflow came from the US.The largest outflow in the regional breakdown came by far from US funds.• US: $1.68 billion outflow• Germany: $118 million outflow• Canada: $27 million outflow• Brazil: $20.9 million inflow• Switzerland and Sweden: total outflows exceeding $130 millionFund flows originating in the US continue to shape the general direction of global flows. This region, where institutional investor behavior is particularly concentrated, was a key factor in the week's downturn.Although there have been heavy outflows in the last four weeks, total inflows since the beginning of the year still stand at $44.4 billion. This suggests that institutional interest remains strong in the bigger picture.Friday's inflows indicate that some investors are beginning to see the decline as an opportunity. If the market strengthens this signal in the coming weeks, fund flows may stabilize.
Cardano Crisis: ADA Price Shakes, FBI Investigation Begins
The Cardano network experienced a major technical issue on Friday. A faulty delegation process caused the network to split into two different ledger structures. This split was brief, but its impact was significant. The ADA price dropped by as much as 16%, and major exchanges temporarily halted ADA transactions.The transaction that caused the chain split was prepared using AI-generated instructions. Newer node versions validated the transaction, while older versions rejected it. This incompatibility forced block producers to generate transactions on two different chains. A report published by Intersect revealed that the error was caused by a library bug that had gone unnoticed for years.After the issue began, wallet services, block explorers, and some DeFi applications were disrupted. Transactions were either slowed or not processed at all. Coinbase, Upbit, and Kraken halted ADA deposits and withdrawals. Coinbase's outage lasted approximately 14 hours. User funds were not lost, but the risk of double-spending and orphan blocks created a cautious atmosphere in the ecosystem. The ADA price fell to $0.41 following the news. The token has lost more than 30% of its value in the last two weeks. Investors are currently focused on statements from both the technical team and the investigating authorities. Developer's confession and FBI processA few hours after the incident, an X-user named "Homer J" claimed responsibility. The user claimed to have created the erroneous transaction while testing it on his own system. He stated that he did not correctly understand the AI's commands. He explained that his server automatically blocked network traffic, causing the transaction to be sent incorrectly. He added that he had no malicious intent, acted alone, and did not seek financial gain.However, Cardano founder Charles Hoskinson rejected this explanation. He described the incident as a "personal and deliberate attack." He stated that the FBI had been notified. Intersect's forensic analysis also indicated that the incident may be related to someone from Cardano's former Incentivized Testnet era.The IOG, Cardano Foundation, EMURGO, and Intersect teams prepared an urgent patch within three hours and notified the staking pool operators of their updates. The network reconverged onto a single chain on November 22nd. ADA transactions gradually returned to normal.These developments have kept the Cardano community on both technical and legal alert. The chain split tested the network's resilience, but the debate continues.
SUI Commentary and Price Analysis - November 24, 2025
SUI Technical AnalysisSui is moving forward with major steps toward institutional adoption. Recent reports suggest that the network is working on a native stablecoin called “USDsui.” If launched, this could increase on-chain liquidity and make it easier for institutional players to join the ecosystem. Even though the broader crypto market has been quiet, real-world solutions like this help strengthen SUI’s long-term value proposition. Important Support Area Analyzing the chart on the daily time frame, we see that the coin has pulled back exactly into the expected correction zone, the Fibonacci 0.618–0.66 band. This area often acts as a strong demand zone where trend-supporting reversals frequently occur. Right now, the price is trying to hold the upper side of this demand region between $1.27 and $1.55.The meaning of this level is clear:$1.27 (0.618 Fib) is the first strong support.Holding above it gives SUI a solid base for a potential rebound.Short-Term Bullish ScenarioAs long as SUI stays above $1.27, the first recovery target is $1.66 (0.5 Fib).A clear move above that could open the way for a stronger rally toward the $2.17–$2.39 zone. Breaking the minor downtrend would accelerate this move.Short-Term Bearish ScenarioIf SUI closes below $1.27, the correction may deepen toward $1.15 (0.66 Fib).This is still a strong level that does not break the larger structure. Even in a worse pullback, the $0.79 region is the lowest major support before the broader pattern breaks.SummarySUI is currently sitting in the same kind of “golden ratio” support area we’ve recently seen in BTC and ETH. A single strong bullish candle from this zone could trigger a sharp short-term recovery.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However,traders are responsible for their own actions and risk management. Morover, it is highly recommended to use stop loss (SL) during trades.
HBAR Comment and Price Analysis - November 23, 2025
HBAR/USDT Technical AnalysisHedera keeps strengthening its enterprise-focused solutions. The recently announced v0.68 testnet update introduces several important improvements to the network. However, while the technology is moving forward, HBAR’s price has dropped more than 11%, bringing investor attention back to one key question: Can the major support levels hold?These developments indicate that HBAR is being tested both technically and in terms of market sentiment. Analyzing the chart on the daily time frame, we see that HBAR is still moving inside a descending triangle, and the price is now testing the lower boundary of this formation. This level is crucial since it acts as both horizontal support and the bottom of the formation.The price of the coin has been under downward pressure for some time, forming lower highs on every bounce. Meanwhile, the $0.1290 level has consistently acted as a strong support. The current touch of this level increases the chance of a short-term rebound. Triangle Bottom Trend Short-term outlook of the coin can be summarized as follows :As long as $0.1290 holds, HBAR may continue to move sideways inside the triangle, with a potential first target near $0.1690, which is the mid-range resistance inside the pattern.For a stronger recovery, the price must break above the upper trendline around $0.1859.Aaccording to a bearish scenario the descending triangle will break to the donwside if $0.1290 fails. In such a case the following levels would be important:First target: $0.1200 – $0.1220Main technical target: $0.0990, which matches the full projection of the pattern and is also a previous high-volume support zone.Summary : HBAR has returned to a critical support zone.A strong bounce here could keep the pattern intact; however, the triangle will complete to the downside and a deeper correction is likely if support breaksThese analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Morover, it is highly recommended to use stop loss (SL) during trades.
BNB Comment and Price Analysis - November 23, 2025
BNB Technical AnalysisAs part of its partnership with Kyrgyzstan, Binance has issued a state-backed stablecoin on its own blockchain, and BNB tokens were used as part of the treasury reserve during this process. This move highlights BNB’s potential not only as an exchange token but also as a “nation-level digital asset reserve.” Moreover, global market uncertainty and ongoing regulatory shifts have brought BNB’s role as a “value preservation asset” back into focus. Fibonacci 618 Zone Analyzing the chart on the daily time frame, we see that BNB appears to have completed a classic correction pattern almost perfectly. The price retraced down to the 0.618 Fibonacci level (the $824–$825 zone) and has shown a clear reaction from this area. This zone has historically acted as strong support and is considered a key “pivot level” where trend reversals often begin.The $796 level represents the lower boundary of the correction and remains critical. As long as the price stays above this region, the likelihood of the current rebound continuing remains high.The first major target sits at $909, which aligns with both horizontal resistance and a mid-trend reaction zone. A strong breakout from this level could accelerate momentum, opening the door for the next significant resistance at $1002.However, if $796 is lost, the correction could deepen toward the 0.79 Fibonacci level — the $715 zone. However, the current structure suggests that the strong reaction from the primary Fibonacci support area carries more weight.In summary, BNB is showing early signs of recovery after reacting to the main Fibonacci support band. As long as the price holds above $796, the bullish targets remain in play.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Morover, it is highly recommended to use stop loss (SL) during trades.
What is EOS (EOS)?
EOS was one of the fastest-growing projects in the blockchain world, promising high speed, near-zero costs, and a robust infrastructure capable of handling millions of users simultaneously. Since its sensational launch in 2018, EOS has become a platform that has attracted attention with both its technical architecture and community. Offering a wide range of solutions from smart contracts and games to DeFi protocols and enterprise applications, EOS remains one of the first names that comes to mind when talking about "high-performance blockchain." Let's take a look at what EOS offers and why it has been a hot topic for years.Note: As of May 2025, the EOS network and token have entered the process of being rebranded as Vaulta (a swap option of 1 EOS = 1 A token has been announced).EOS Definition and OriginsEOS is a high-performance and scalable blockchain platform. Like Ethereum, it supports smart contracts and decentralized applications (dApps), but what sets EOS apart is that it charges no user fees and is designed to process millions of transactions per second. To this end, EOS operates like an operating system, providing on-chain functions such as account management, authentication, a database, and asynchronous communication. The result is a blockchain technology that allows developers to quickly and easily create applications, eliminates transaction fees, and offers high scalability.The EOS project first emerged in 2017. Block.one, the company behind the project, published the EOS whitepaper that year and conducted an ICO (Initial Coin Offering) that ran from June 2017 to June 2018. This ICO, the largest in history, raised over $4 billion, and the first open-source version of the EOSIO software was released on June 1, 2018. A week later, the global EOS community used this code to launch the EOS mainnet. Initially distributed as ERC-20 tokens on the Ethereum network, 1 billion EOS tokens were migrated to the EOS blockchain with the mainnet launch. The project's founders include well-known figures in the blockchain world: Block.one's CEO Brendan Blumer and CTO Daniel Larimer, who laid the foundations for EOS. Larimer, who previously worked on projects like BitShares and Steemit, is known for being the originator of the Delegated Proof-of-Stake (DPoS) consensus mechanism. EOS History: Major MilestonesBelow are key developments throughout EOS's history:2017: Project announcement and ICO launch – EOS's whitepaper was published in 2017, and in June of that year, Block.one launched its year-long ICO. During the ICO, Ethereum-based EOS tokens were distributed to investors, raising a record $4.1 billion. This was the largest funding round in cryptocurrency history to date.2018: Mainnet launch – The developed EOSIO software was released as open source on June 1, 2018, and the independent EOS network was launched shortly thereafter. A total of 1 billion EOS coins were released into circulation at the time of launch. Once the EOS network launched, its market capitalization rose rapidly, placing it among the top five cryptocurrencies. During this period, the price of EOS also rose rapidly, reaching an all-time high of over $20 by mid-2018. However, the early days of the mainnet experienced governance issues; the rules in the EOS network constitution and the implementation of an arbitration board called ECAF (EOS Core Arbitration Forum) sparked debate within the community. In the following months, users succeeded in changing this initial governance system through referendums and removing the controversial rules. This allowed EOS to quickly revise its governance model based on community feedback.2019: Regulation and milestones – In 2019, the EOS project faced a significant regulatory development. The United States Securities and Exchange Commission (SEC) ruled that its $4 billion ICO constituted an unregistered securities sale. Block.one settled the process by paying a $24 million fine in September 2019, a settlement agreement with the SEC. This fine represented a very small portion of the funds raised and did not require any token returns or restrictions. 2019 also saw Block.one announce side projects like the social media platform Voice, but they failed to attract the expected interest in the EOS mainnet.2020: A period of stagnation – 2020 was a relatively quiet year for EOS. Its market capitalization and rankings began to decline due to the emergence of competing smart contract platforms. The EOS coin price fell to a few dollars, falling from its 2018 peak, and the hype surrounding the project waned somewhat. During this period, Block.one began focusing on other ventures (such as the cryptocurrency exchange Bullish) rather than making direct investments in the EOS network. Criticism arose within the community that Block.one had not sufficiently reinvested the substantial funds raised in its ICO back into the EOS ecosystem.2022: Hard fork and rebirth – The EOS community took a radical step in September 2022. Instead of maintaining the EOSIO software developed by Block.one, community-led teams forked the EOSIO code and transitioned to a new protocol called Antelope. This hard fork was a turning point not only for the EOS network but also for other EOSIO-based networks (such as WAX, Telos, and UX Network). Thanks to the Antelope protocol, EOS's code development was completely taken over by the community, and new features began to be added. During this period, EOS experienced a virtual "rebirth," taking significant steps to overcome past criticisms of centralized control.2023: EVM integration and revitalization efforts – 2023 was a year in which the revitalization efforts for the EOS network accelerated. The EOS EVM (Ethereum Virtual Machine), developed under the leadership of the EOS Network Foundation, was launched on the mainnet in April 2023. EOS EVM aimed to attract developers and users from the Ethereum ecosystem to the EOS network by enabling Ethereum-compatible smart contracts to run on EOS. Yves La Rose made an ambitious introduction by stating that EOS EVM would be significantly faster than all other EVM networks, with over 800 swap transactions per second. This way, EOS aimed to demonstrate its high-performance capacity while also building a bridge to the Ethereum world and win back its former developers. Furthermore, in 2023, the EOS Network Foundation launched grant programs for projects on the network and announced that it would offer developers financing ranging from $10,000 to $50,000+. All of these steps were strategic steps taken to give EOS, once considered almost expendable, a new lease on life. Indeed, starting in mid-2023, the total value of assets locked in decentralized finance (DeFi) applications on EOS began to increase, and the number of daily transactions and active addresses on the network began to trend upwards again. 2024 and beyond – As of 2024, EOS continues its path, having learned from past mistakes. For example, with the Savanna update implemented in 2024, blockchain finality time was reduced to approximately 1 second, further improving performance. Also in 2024, the EOS-based Bitcoin scaling solution "exSat" launched, becoming a significant project connecting EOS to the Bitcoin ecosystem with over $800 million in locked assets within a few months. By 2025, EOS continues to evolve with the support of the global community, remaining a decentralized and innovative blockchain.May 2025: EOS changed its name to VaultA. As of November 2025, the price of VaultA (A) or EOS (EOS) is changing hands around $0.2. Why is EOS Important?EOS stands out with its use cases, particularly its token economy.Use CasesThe primary reason for EOS's popularity is its high efficiency and free-to-use model for decentralized applications. The absence of transaction fees on the network makes it economical even for applications based on microtransactions. For example, while even small transactions on networks like Ethereum incur gas fees, on EOS, users don't pay direct fees; instead, developers or applications reserve network resources (CPU, NET, RAM) by staking EOS tokens. This model allows for frequent and small transactions, such as in-game purchases or social media interactions, to be completed at no cost to users. As a result, EOS provides a scalable and user-friendly environment for dApps targeting everyday users.EOS's technical capabilities allow for a wide range of use cases. The gaming industry is one of EOS's strongest areas, as its capacity for thousands of transactions per second and fast block confirmation times (average 0.5 seconds) are ideal for supporting interactive games. Indeed, popular EOS-based games like Upland have reached thousands of daily active users by offering a virtual real estate metaverse of real cities like San Francisco and New York. Upland players buy and sell virtual land in the form of NFTs on the EOS blockchain and even have the opportunity to earn real money. Similarly, games like EOS Knights and Crypto Dynasty have demonstrated EOS's success in the gaming arena, reaching tens of thousands of users, particularly in the Asian market. These games have brought the concept of true digital property to life on the blockchain in a fun way.DeFi (Decentralized Finance) is also a developing field on EOS. Platforms like Defibox have achieved multi-million dollar volumes by offering a range of financial services on the EOS network, such as token swapping, lending, and stablecoin generation. Thanks to EOS's speed and low cost advantages, DeFi transactions can occur almost instantly and cost-free, improving the user experience. A resource-leasing platform called EOS REX allows for the leasing of unused network resources, providing passive income for token holders and flexible resource usage for dApp developers. In addition, there are decentralized stablecoin projects running on EOS, such as EOSDT, which functions similarly to MakerDAO by issuing USD-pegged tokens against EOS collateral.Another notable use case for EOS has been content platforms and social applications. The Everipedia project, in particular, was developed on EOS, aiming to be a blockchain-based, censorship-resistant version of Wikipedia. By distributing the token IQ over the EOS network, Everipedia rewards users for knowledge creation and attempts to protect content from censorship by central authorities. This aim even aims to make knowledge accessible even in some countries that block Wikipedia.EOS also has appeal for enterprise and business solutions. Its high transaction capacity and predictable cost structure encourage large-scale companies to experiment with blockchain applications on EOS. For example, in use cases such as supply chain management, identity verification systems, or financial reconciliation applications, EOS's ability to provide transaction finality within seconds and eliminate uncertainty in transaction fees offers significant advantages. With EOS, a business can benefit from the transparency and reliability of blockchain while also controlling costs despite operating on a public network.All of these use cases are a result of the core features that make EOS so popular: high scalability, low latency, no transaction fees, and an enhanced user experience. With these features, EOS pioneered the industry and inspired many subsequent projects. For example, EOS was one of the first major projects to popularize the Delegated Proof-of-Stake (DPoS) consensus model. Thanks to DPoS, a democratic element has been introduced to blockchain governance, and the network's energy consumption has remained significantly lower than traditional proof-of-work mechanisms. This makes EOS an environmentally friendly and sustainable option. Indeed, a 2021 study noted that EOS has a lower environmental impact than most major cryptocurrencies.EOS Token EconomicsEOS's native cryptocurrency, the EOS token (EOS coin), is central to the network's operation and has various economic uses. First, the EOS token provides access to network resources: Developers and users stake EOS tokens to reserve resources such as CPU processing power, network bandwidth (NET), and storage memory (RAM). Thus, unlike the "paying transaction fees" logic found on other platforms, the EOS token acts as collateral for transaction processing. For example, by staking EOS tokens, a user acquires a certain amount of CPU and NET capacity; with this capacity, they can perform as many transactions as they want on the network. When finished, they can unfreeze their tokens and redeem them. This model offers predictable costs to application developers while eliminating the need for end users to pay direct fees for their transactions.Another critical function of the EOS token is governance and voting rights. The EOS network is operated by 21 block producers, who are elected by the votes of EOS token holders. Each EOS coin holder has voting power proportional to the number of tokens they hold, and by voting for candidates they deem trustworthy, they determine who will govern the network. In this way, the EOS token functions as a governance share. Block producers create new blocks and confirm transactions, and they also have a say in decisions such as network protocol updates and fund distributions. EOS token holders participate in these critical decision-making processes through voting. This democratic structure is one of the key elements that makes the EOS network decentralized and community-controlled.To ensure the security and continuity of the network, the EOS protocol awards new block producers EOS tokens through inflation. Initially, EOS was designed to have an annual token inflation rate of 5%. 1% of this inflation was distributed to block producers as block rewards, while the remaining 4% was accumulated and pooled in a savings pool to fund future community projects. However, the community later decided to burn the tokens in this pool after several referendums, reducing the annual inflation rate. For example, the 2019 vote permanently destroyed hundreds of millions of dollars worth of EOS coins accumulated in EOS savings accounts. This reduced the circulating EOS supply, alleviating inflationary pressure and bringing the annual inflation rate to a more sustainable level.The EOS token is not only a medium of exchange for resources and votes, but also used for economic activities within the ecosystem. Users can use their EOS coins to swap tokens on decentralized exchanges on the network, provide collateral in DeFi protocols, or earn interest income. For example, an EOS holder can lock their tokens on the EOS REX platform and earn returns in return; this return comes in the form of a share of the revenue generated by renting CPU/NET resources to others. Similarly, EOS assets can also be utilized in DeFi applications such as yield farming. Furthermore, in-game purchases in EOS-based games or applications can be paid with EOS, and there are other use cases such as rewarding EOS for contributions on content platforms. All these examples demonstrate that the EOS token is a versatile utility within the ecosystem.In summary, the EOS token economy is based on three pillars: resource reservation, governance, and value exchange. Thanks to this structure, EOS token holders benefit from the network's technical capacity, participate in governance, and engage in economic activities. Because its community-driven decision-making mechanism provides the flexibility to make changes to the token economy when necessary, EOS has been able to update its economic model over the years. For example, Block.one's massive EOS treasury is frozen by community decision and channeled towards ecosystem development, while the inflation rate is also reduced by community decision. This dynamic structure makes the EOS token economy vibrant and adaptable.Who are the Founders of EOS?In its early years, the EOS project was led by Block.one; the team led by Brendan Blumer and Daniel Larimer developed the EOSIO software, transforming it into one of the most ambitious blockchain initiatives of 2017–2018. However, after the mainnet launch, Block.one's contribution gradually diminished, broken promises fueled community dissatisfaction, and Larimer's departure in 2021 accelerated this shift. This process marked the beginning of EOS's evolution from a single company to a community-driven governance system.At the center of this transformation is the EOS Network Foundation (ENF), established by the community and funded by block producers. The ENF has become the network's governing body, responsible for protocol development, strategic coordination, developer grants, and communications. Today, EOS's leadership structure is fully decentralized: the network is operated by 21 block producers elected by the votes of EOS token holders. Initiatives such as EOS Labs and EOS Network Ventures also play an active role in project financing and growth within the ecosystem.Frequently Asked Questions (FAQ)Below, you can find some frequently asked questions and answers about EOS:What is EOS?: EOS is a blockchain platform that supports smart contracts and offers high scalability. It operates with a Delegated Proof-of-Stake (DPoS) mechanism and can process thousands of transactions per second with low latency. Users pay no transaction fees; resources are managed through a staking model. The EOS coin is used for both governance and network transactions. It was rebranded as VaultA in 2025.What does EOS do?: EOS offers developers a fast and cost-effective infrastructure on which to build dApps. Gaming, DeFi, social media, and enterprise applications can run on EOS. Its fee-free transaction model is particularly advantageous for projects requiring frequent microtransactions. Platforms like Everipedia also make censorship-resistant information and content creation possible. Who are the founders of EOS?: EOS was developed by Brendan Blumer and Daniel Larimer at Block.one. Larimer is the inventor of the DPoS mechanism and previously created projects like Steemit and BitShares. After launch, global developer contribution increased thanks to the open-source model. After 2021, project management largely shifted to the community and the EOS Network Foundation.How does EOS work?: EOS uses the DPoS mechanism, operated by 21 block producers voted on by token holders. Block producers create blocks sequentially, and underperforming ones can be replaced by voting. This allows the network to operate quickly, energy efficiently, and uninterrupted. Fundamental security relies on validator selection and community oversight.What is the EOS coin price?: The price of EOS constantly fluctuates depending on the market and can be tracked live on exchanges. In 2018, it reached an ATH of approximately $22 and has traded lower in recent years. As of 2025, its price is generally below $0.3. How to buy EOS: EOS can be purchased on major exchanges such as Binance, Coinbase, Kraken, and OKX. After opening an exchange account and verifying your identity, you can purchase EOS by depositing fiat or crypto. You can keep the purchased tokens in your exchange wallet or withdraw them to your personal wallet. Using a hardware wallet is more secure for larger amounts.Is EOS decentralized?: EOS has a decentralized structure thanks to the DPoS model, where 21 block producers are determined by a community vote. With the end of Block.one and the introduction of ENF, governance has become entirely community-based. Every protocol update is approved by a vote of the block producers. Despite criticisms, EOS has a model that strikes a balance between performance and decentralization.You can continue to learn about the blockchain world by checking out our other cryptocurrency guides in the JR Kripto Guide series!
What is Loopring (LRC)?
Loopring (LRC) is a layer-2 (L2) protocol based on zkRollup that runs on the Ethereum blockchain. Its primary goal is to make decentralized exchange (DEX) transactions faster, cheaper, and more secure. Users can trade as they wish while keeping their assets in their own wallets, thus maintaining control and avoiding high gas fees. Loopring offers an innovative infrastructure that reduces Ethereum's slowness and cost while preserving its security. The protocol's native cryptocurrency is LRC and operates in accordance with the ERC-20 standard.The Loopring protocol utilizes zkRollup technology, one of Ethereum's scaling approaches. This technology allows it to aggregate slow and costly transactions on the Ethereum network, acting like a "bulk transport" system, enabling high speed and low fees. Loopring stands out as the first zkRollup-based DEX protocol on Ethereum. Unlike traditional DEXs, most transactions are processed outside of Ethereum and written to the chain in hash form, allowing you to trade in seconds with Loopring, and gas fees per transaction are quite low. Let's continue with our guide to learn more about Loopring, how it works, and explore its use cases.Loopring's Definition and OriginThe Loopring protocol was first announced by Daniel Wang in August 2017. Wang, a software engineer with a background in Google and JD.com, realized the inherent problems inherent in centralized exchanges after encountering difficulties with the centralized crypto exchange he operated, Coin Port, in 2014. This experience sparked the idea of developing an exchange infrastructure that would allow users to have full control over their assets. Consequently, Wang began working on developing the Loopring concept, a decentralized exchange protocol.Loopring's emergence is closely tied to developments in the cryptocurrency market in 2017. The project held an initial coin offering (ICO) in August 2017, raising approximately 120,000 ETH (approximately $45 million). However, due to restrictions imposed by the Chinese government on ICOs shortly thereafter, Wang and his team decided to return 80% of the funds raised to investors. With the remaining budget, development of the Loopring protocol continued, and the team managed to maintain its project goals despite limited resources.You might be wondering where the name Loopring comes from. The project's name comes from a unique "ring-matching" method. In the first version of Loopring, multiple buy and sell orders could be matched to form a circular ring, enabling more efficient, direct exchange between different cryptocurrencies. This innovative approach offered the potential for both better price formation and higher liquidity. Over time, Loopring refined its technology based on this original idea and evolved into a much more efficient protocol running on Ethereum with zkRollup.Loopring's History: Key MilestonesLoopring's history is also quite noteworthy. Let's take a look at the cryptocurrency's history together:2017: The foundations of the Loopring protocol were laid. Daniel Wang announced the project, and an ICO held in August 2017 raised 120,000 ETH (approximately $45 million). Following China's ICO ban, the majority of the funds raised (80%) were returned, but project development continued with the remaining resources.2018: Work continued on the initial versions of the Loopring protocol and its underlying infrastructure. This year, the project aimed to design its protocol, which operates on a ring-peering model, to be open to implementation on different blockchain platforms.2019: With Loopring version 2.0, the protocol's token economy was updated; transaction fees can now be paid with different tokens, and a certain percentage is regulated by burning LRC. In May 2019, the LRC token contract was upgraded to version 2.0, adding a burn feature to the smart contract, allowing the LRC supply to decrease as the protocol is used.2019-2020: The Loopring protocol upgraded to version 3.0, integrating zkRollup technology. This dramatically increased the protocol's transaction throughput (from the previous ~2-3 TPS to over ~2,000 transactions per second with zkRollup). This step, which achieved scalability while maintaining security, made Loopring a leader in the layer-2 DEX space.2020: The Loopring ecosystem made significant strides. In June 2020, a feature called Loopring Pay was announced, enabling nearly free and instant Ethereum transfers on zkRollup (a single transaction fee of approximately $0.0001). In September 2020, Loopring became the first DEX protocol to integrate with Band Protocol and utilize cross-chain oracle price feeds. In November 2020, the beta version of the smart mobile wallet, Loopring Wallet, was released; this was the first smart wallet on Ethereum to include zkRollup scaling.2021: The automatic market maker (AMM) feature was launched on the Loopring protocol. With the release of Loopring 3.6 in December 2020, both the order book model and AMM-based transactions were supported. This allowed users to execute transactions on Loopring L2 through liquidity pools similar to Uniswap. 2022: A development brought the name Loopring to the masses: Game retailer GameStop announced that it had built its NFT marketplace on Loopring. Launched in beta in March 2022, the GameStop NFT Marketplace ran on Loopring L2, offering users fast and low-cost NFT trading. That same year, Loopring founder Daniel Wang stepped down as CEO and moved into an advisory role, focusing on new projects (e.g., Taiko) on Ethereum Layer-2 technologies.2023: The Loopring protocol continued to increase its transaction volume as one of the most efficient Layer-2 solutions on Ethereum. After exceeding 1 million NFTs minted on Loopring L2 in 2022, millions of transactions were processed on the DEX platform with low fees throughout 2023. Despite increasing competition, Loopring continued to offer its users a reliable L2 experience. 2024: In June 2024, a security breach occurred in Loopring's smart wallet application. An attacker targeted several wallets by exploiting a vulnerability in the two-factor authentication mechanism of Loopring Smart Wallet users. Following this incident, the team temporarily stopped the wallet's Guardian and 2FA-related operations and took steps to address the issue. The core protocol was not affected.2025: In May 2025, the Loopring team announced that the Loopring Wallet mobile app would cease operations on June 30, 2025. Users were advised to transfer their wallet assets to alternative wallets (such as MetaMask or Rainbow) until then. This shutdown only affected the mobile interface, while Loopring's layer-2 protocol continues to function. The LRC coin price is currently at $0.6 as of November. Why is Loopring Important?The Loopring protocol holds a significant position in the crypto ecosystem thanks to both its technological innovations and the practical benefits it provides for users. Below, let's examine Loopring's use cases and why it has attracted attention in the context of the token economy.Use CasesDecentralized Exchange (DEX) Platforms: Loopring can be used on various platforms as a DEX protocol. Developers can build their own decentralized cryptocurrency exchanges using the Loopring protocol. Loopring offers a DEX infrastructure that operates with an order book model, allowing users to trade using their familiar exchange interface but keeping their funds in their own wallets. Loopring Exchange, the official application of the Loopring team, is the protocol's reference exchange and enables the unsupervised trading of tokens on the Ethereum network.Payments and Transfers: In addition to buying and selling transactions, Loopring can also be used for sending payments as an Ethereum L2 solution. Thanks to the Loopring Pay feature, introduced in 2020, users were able to instantly transfer their assets to each other on Ethereum with virtually zero gas fees. For example, it was possible to transfer Ether or ERC-20 tokens with Loopring Pay for a negligible fee of $0.0001. This feature effectively made Loopring a "layer-2 payment network" for Ethereum.NFT and digital collectibles platforms: Loopring's scalable structure can also be integrated into NFT trading applications. In particular, the NFT marketplace launched by GameStop in 2022, operating on Loopring L2, provided speed and cost advantages in NFT transactions. The fact that over one million NFTs have been minted on Loopring early on demonstrates its potential in the NFT ecosystem. Thanks to low fees, artists and collectors have been able to interact without the restrictions of the Ethereum mainnet. Liquidity Pools and DeFi Applications: While the Loopring protocol initially used an order book model, it also integrated AMM (Automated Market Maker) support with version 3.6. This made it possible to swap tokens on Loopring L2 via liquidity pools similar to Uniswap. Loopring's flexible infrastructure facilitates interaction with different DeFi protocols, paving the way for various applications in the decentralized finance space.Loopring Wallet (Smart Wallet): The Loopring team developed a smart wallet application to enhance the user experience. This mobile wallet, called Loopring Wallet, brought the advantages of Ethereum Layer-2 to everyday use. Users could quickly buy and sell via the DEX integrated with Loopring Wallet and make instant transfers to other wallets via Loopring Pay. The wallet aimed to expand the use of cryptocurrency by enhancing security with features such as social recovery. Although the Loopring Wallet implementation was discontinued in 2025, this wallet concept provided a good example of how the Loopring protocol could be implemented in a user-friendly manner. Loopring Wallet Token EconomicsLRC, Loopring's native cryptocurrency, is designed to ensure the protocol's economic stability and incentivize user participation. The economic model of the Loopring token (LRC) can be summarized as follows:Staking and reward distribution: LRC holders can earn a share of transaction fees on the Loopring platform by locking and staking their tokens in smart contracts on the protocol. According to the current model, 80% of the fees collected on the protocol are distributed as rewards to LRC liquidity providers, 10% is transferred to the community fund called the Loopring DAO, and the remaining 10% remains as insurance rewards. LRC staking transactions typically have a minimum lockup period of 90 days. This mechanism converts network usage into LRC demand, creating a deflationary effect for the token and rewarding long-term token holders. DEX operator collateral: Those wishing to operate a decentralized exchange built on the Loopring protocol must lock a certain amount of LRC as collateral. For example, to launch a DEX on Loopring, an exchange operator must lock at least 250,000 LRC in a smart contract. If the operator wishes to operate in a mode that keeps all transaction data off-chain (for greater efficiency), staking up to 1,000,000 LRC may be required. This collateral is intended to ensure the operator's reliability; if the operator engages in activity contrary to the interests of users or attempts to abuse the system, the protocol may forfeit a portion of the LRC deposited, which may be distributed to eligible users.Supply and deflation: The LRC token was initially issued via an ERC-20 smart contract on Ethereum and has a maximum supply of 1.375 billion. During the 2017 ICO, a significant portion of the tokens were distributed to investors, and although funds were refunded due to regulations in China, the LRC community has grown over time. Due to the 10% token burns that occur as the Loopring protocol is used, LRC's circulating supply tends to gradually decrease. This means it's an economic model designed to have a positive long-term impact on the token's value. LRC is listed on major cryptocurrency exchanges and can be stored and transferred in all Ethereum-compatible wallets.Who are the Founders of Loopring?The team behind the Loopring project is critical to its success and security. Founder Daniel Wang was the originator and longtime leader of Loopring. A software engineer of Chinese origin, Wang has worked at tech giants such as Google and JD.com and has experience operating a centralized exchange. Wang's observation that the problems encountered with centralized exchanges were inevitable led him to design Loopring. In 2022, Daniel Wang stepped down as CEO of Loopring, remaining on the project as an advisor, focusing on the Taiko project, a new zkRollup initiative on Ethereum.The Loopring team includes prominent figures besides Wang. Jay Zhou, the project's chief marketing officer (CMO), previously worked in PayPal's risk management unit and gained experience at Ernst & Young. Johnston Chen, the chief operating officer (COO), has senior-level experience in the technology sector and served as director of information systems at 3NOD. The Loopring project is run by the non-profit Loopring Foundation. The foundation's structure focuses on the protocol's open-source development and adopts a community-driven approach.Frequently Asked Questions (FAQ)Below are some frequently asked questions and answers about Loopring:How does Loopring work?: Instead of writing transactions directly to the Ethereum main chain, Loopring aggregates them off-chain and transfers them to the mainnet in bulk. Users first deposit their funds into Loopring's smart contract, and then their buy and sell orders are matched in Loopring's off-chain system. Hundreds of transactions are sent to Ethereum as a single packet, and thanks to zkRollup, the transactions within this packet are verified and recorded on the chain. This method ensures fast and cost-effective transactions while maintaining security with Ethereum's assurances.What is zkRollup?: zkRollup (zero-knowledge rollup) is a second-layer technology used to enable scaling in blockchains like Ethereum. In this method, multiple transactions are aggregated and transmitted to the mainnet as a single transaction, and "zero-knowledge proofs" are used to prove the validity of the transactions within the packet. The term "zero-knowledge" refers to a method of proving the authenticity of information without revealing its content. As a result, zkRollup significantly increases transaction throughput and efficiency without compromising the network's security. Loopring is one of the pioneering projects that has successfully implemented zkRollup technology.Is using Loopring safe?: Yes, using Loopring is considered safe. The Loopring protocol relies on the Ethereum mainnet for security; the final settlement of transactions is always written to the Ethereum chain with cryptographic proofs. This makes it as secure against external tampering as Ethereum. Furthermore, Loopring smart contracts have undergone independent audits and are open-source. Because users hold their assets in their own wallets, they are not exposed to the hacking or bankruptcy risks associated with centralized exchanges. Of course, it is always important for users to maintain their own account security (e.g., private key or seed phrase protection).What is the LRC token used for?: LRC is the primary token of the Loopring ecosystem and has multiple uses. First, users who stake LRC can earn a portion of the transaction fees generated by Loopring DEXs. For example, 70% of the fees collected from all DEXs on the Loopring protocol are regularly distributed to LRC stakers. Second, LRC is required as collateral for those wishing to operate an exchange/app on Loopring; operators who lock up a certain amount of LRC can join the network. This serves as an incentive for operators to act honestly. Finally, because LRC has a limited total supply and is burned as soon as it is used, it can be viewed as an asset with the potential to maintain its value over the long term. You can purchase your LRC token from major exchanges and store it in Ethereum-compatible wallets.What is Loopring Wallet?: Loopring Wallet is a smartphone wallet application developed by the Loopring team. This Loopring wallet aims to provide users with Layer-2 features on Ethereum with an easy-to-use interface. With Loopring Wallet, users could connect to the Loopring DEX directly from the mobile app, instantly buy and sell, and also transfer tokens to other L2 users for free. The wallet also included innovative security features like social recovery and was released in beta at the end of 2020. However, the Loopring team decided to discontinue its operation in 2025. However, users can still access Loopring L2 through popular wallets like MetaMask.
Binance Alpha Launches Airdrop Campaign for a New Altcoin
Binance Alpha, Binance's experimental rewards and loyalty program, is back in the spotlight with a new campaign aimed at boosting community engagement. The platform launched a special airdrop for BOB tokens on November 20th. Its dynamic threshold system and limited-time participation rules, based on user scores, quickly made the event a hot topic. This model, which both requires rapid action and offers an opportunity to a broad user base, has once again highlighted Alpha's role in the ecosystem.BOB Excitement at Binance AlphaBinance Alpha, known as the Binance ecosystem's experimental product and loyalty program, launched a new airdrop for BOB tokens on November 20th. The platform serves as a testing ground where users can access early access opportunities, special tasks, and rewards. Alpha is becoming increasingly popular within the Binance community, particularly as it provides a platform for closely following new projects.Under the new campaign, users can claim an airdrop of 1,600 BOB tokens if they have at least 240 Binance Alpha points. Distribution is on a first-come, first-served basis, meaning users with eligible points must act quickly. One of the highlights of the event is the dynamically decreasing threshold. If the reward pool isn't depleted quickly, the system reduces the point threshold by 5 points every 5 minutes. This allows users with lower points to have a chance later.The airdrop request process comes with certain restrictions. Users must consume 15 Binance Alpha points to receive the reward. This is considered a mandatory step for participation in the event, and the points system is believed to be aimed at increasing user engagement. Requesters are also required to confirm the transaction on the Alpha event page within 24 hours. Failure to do so automatically cancels the request, and the user loses their airdrop eligibility.The launch of the BOB token on Binance Alpha is part of the platform's recent strategy of building on the web3 experience, new token testing, and early user participation models. The Binance Wallet team also announced the event on social media, reminding the community that the campaign is progressing quickly and that space is limited.The Binance Alpha points system works by requiring users to complete various tasks. Many interactions, from daily tasks to beta events, earn users points. These points can then be used for early access tickets, preview campaigns, or, as is the case today, airdrop opportunities. This platform builds an early user base for projects joining the Binance ecosystem and increases community engagement.The campaign launched for BOB has generated significant interest among users. The dynamically decreasing threshold model has been well-received by the community, as it provides access to the airdrop to a wider user base. However, experts emphasize that users should be mindful of the timing of such fast-paced airdrop campaigns and avoid skipping the point consumption and approval process.
India Begins Countdown for Polygon-Backed Stablecoin
India is preparing to open a new chapter in digital finance with the rupee-pegged ARC stablecoin, which it plans to launch in the first quarter of 2026. This step, which follows years of digital payment testing, CBDC trials, and blockchain pilots in the country, demonstrates the maturation of a stablecoin model that is compliant with regulatory frameworks, secure, and supported by public authorities. Increasing transaction volume, demand for speed, and the need for transparency in international payments are driving policymakers and financial institutions to pursue more modern infrastructure, while ARC has become central to India's long-term fintech vision.Process for ARC stablecoin launches in IndiaThe significance of the ARC stablecoin goes far beyond its technical features. Regulators' focus in recent years has been to establish a secure foundation for digital finance by embracing innovation while simultaneously managing risks. ARC aims to achieve precisely this balance. The rupee's one-to-one peg and its full backing by government bonds (G-Secs) and treasury bills demonstrate that the system is designed for predictable payment rather than speculative use. Banks and financial institutions will benefit from fewer manual transactions, instant settlements, and built-in compliance layers. For businesses, the expected development of low-cost, globally standardized, regulated, and fast digital payment gateways is expected.The timing of this move is also critical. Many major economies, including the US, EU, Japan, and Gulf countries, are discussing regulated stablecoin models to accelerate international payments and reduce dollar pressure. The launch of the ARC demonstrates that India does not want to be left behind in this discussion; rather, it aims to lead the process by setting its own standards. Blockchain-based rapid confirmation mechanisms, real-time monitoring, and a low margin of error are expected to significantly reduce costs for both banks and corporate users. Furthermore, the ARC could strengthen the rupee's visibility in the digital space by offering a local alternative to the long-held dominance of global dollar-pegged assets like USDT and USDC. The Indian crypto community is also closely watching the development. Developer CurryCodeCrash calls ARC a "huge step forward," saying a regulated, fully rupee-denominated token could mitigate the outflows from USD stablecoins that occur every bull cycle. It's also noteworthy that ARC is designed to work alongside, rather than compete with, the RBI's digital rupee. This creates a two-tiered architecture: CBDC as the official infrastructure; ARC for programmable payments, smart contracts, and corporate transactions. This architecture could both speed up cross-border transfers and reduce remittance costs. ARC is also planned to be integrated with the UPI and Polygon CDK networks, demonstrating that the system is designed not only for local use but also for global interaction.
New Attack on BNB Chain: $3.1 Million Evaporated, 90% Value Lost
The GANA Payment project lost more than $3.1 million in an attack that occurred Thursday morning. Researcher ZachXBT, known for his on-chain analysis, explained that the attacker first accumulated the funds on the BNB Smart Chain and then began hiding them on both BSC and Ethereum using Tornado Cash.How did the hacker act?The attacker first accumulated the seized assets at the BSC address "0x2e8...e5c38." A significant portion of the funds were then converted to BNB. 1,140 BNB, worth approximately $1.04 million, was then transferred to Tornado Cash. This was the attacker's initial attempt to cover their tracks.According to ZachXBT, the remaining assets were then transferred to Ethereum. This time, the exploiter deposited 346.8 ETH into Tornado Cash, equivalent to approximately $1.05 million. In addition, another 346 ETH, worth around $1.046 million, is reportedly sitting idle at the Ethereum address "0x7a5...b3cca." It's believed the attacker hasn't yet mixed these funds and is likely holding them for a second round.GANA price plummetsGANA Payment is a small-scale payment token project operating on the BNB Smart Chain. Built around the BEP-20 standard GANA token, the project primarily trades through DEXs and liquidity pools. There is no comprehensive technical documentation, code review report, or audit trail for the project. Therefore, the vulnerability responsible for the attack remains unclear.This security uncertainty has had a significant impact on prices. According to GeckoTerminal data, the GANA token lost more than 90% of its value in a matter of hours. The depletion of liquidity pools and panicked investor sales have driven the price to near zero. This attack adds to the series of security incidents that have occurred on the BNB Chain this year. According to DefiLlama's hack tracking, total losses on medium-sized BSC projects alone exceeded $100 million during 2025. Most attacks share common themes: unverified contracts, weak access controls, malicious manipulation of liquidity pools, and sometimes intra-team key leaks.For example, the recent Future Protocol incident followed a similar pattern. Attackers first identified the void, then quickly drained the pools, distributed the funds across multiple addresses, and finally mixed them with Tornado Cash. The GANA Payment incident follows the same pattern: rapid draining, consolidation, interchain bridging, and sending to the mixer.Despite the widespread use of BNB Chain, the proliferation of vulnerabilities at this scale highlights the lack of oversight in smaller projects. Experts say that the rapid launch of low-budget projects, particularly those driven by the "minimum viable" mentality, creates significant opportunities for malicious actors.
STRK Commentary and Price Analysis - November 20, 2025
STRK/USDT Technical AnalysisStarkNet saw a remarkable surge this week despite the broader crypto market slump. The network experienced a significant development that boosted institutional interest: BTC staking support went live, and the locked asset value surpassed $365 million. These moves demonstrate that STRK is moving beyond being a mere infrastructure token and becoming a Layer-2 solution with institutional buy-in expected. Trend Breakage Analyzing the chart on the daily time frame, we see that the long-term-forming falling wedge pattern has finally broken to the upside. The breakout was clear and supported by strong volume, giving a solid signal of a positive trend reversal. The price moved sharply into the $0.21–$0.24 range and settled above the wedge’s upper trendline. Based on the wedge’s technical target, STRK now has the potential to move toward the $0.35–$0.40 zone. This area is important because it acted as a strong sell zone in the past and also aligns with the natural target of the formation.$0.2165 is the first support in the short term, Below that level, $0.1980 is a critical level since it represents the upper boundary of the broken wedge. As long as the price holds above these zones, the positive structure remains intact. Even if minor pullbacks happen, the main trend does not change.On the upside, the first target is $0.2780, followed by the $0.35–$0.40 region. Since the trend has already broken, the chance of the price reaching the full target looks quite strong.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Morover, it is highly recommended to use stop loss (SL) during trades.
ONDO Comment and Price Analysis - November 20, 2025
ONDO/USDT Technical Analysis Trending Theme With European approval, ONDO will now be able to offer tokenized US stocks and ETFs in over 30 countries. This development demonstrates the project's intention to grow in compliance with regulations not only in the US but also in Europe. It further demonstrates that ONDO is taking significant steps in migrating real-world assets to the blockchain.Whether this positive news will be reflected in pricing will be more clearly understood in technical analysis.Analyzing the chart on the daily time frame, we see that ONDO has touched the lower boundary of the descending channel once again, and the price is currently trying to hold above the $0.5232 support. This area is important because it aligns with both a horizontal support level and the lower trendline of the main descending channel.For this reason, the current setup can be viewed as a high-probability reversal zone.ONDO has been moving downward inside the channel for some time, but each touch of the lower band has produced a similar bounce. The current structure looks very similar. If the price can stay above $0.5232, another upward move inside the channel is likely.The first resistance for a potential rebound is $0.5687. A move above this level would strengthen upward momentum. After that, the next resistance levels are $0.6214 and $0.7097, which also align with the channel’s midline — meaning price may naturally face some difficulty there.If the price falls below $0.5232 and closes under it, the next support appears at $0.5012. A break below this zone would open the way toward the lower end of the channel at $0.4529 – $0.46, which is the strongest support area on the daily chart.SummaryONDO is currently sitting at the lower trendline of the descending channel.$0.5232 is a strong support with a high chance of a reversal.As long as price holds above it, targets are $0.5687 → $0.6214 → $0.7097.Below $0.52, the downside risk increases toward $0.50 and $0.45.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Morover, it is highly recommended to use stop loss (SL) during trades.
