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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.
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!
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, 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 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.
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/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/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.
TON Technical AnalysisAnalyzing the chart on the 4-hour time frame, we see that the coin is trading inside a descending channel, and the price is now very close to the channel’s lower boundary. This level has seen reactions in previous touches, so a similar move can be expected.The price of the coin is now stuck in the $1.72–$1.76 range which acts both as horizontal support and as the intersection point with the channel’s lower trendline. TON is now in a decision area.As long as the channel structure remains intact, a short-term bounce from the lower band is still likely as in previous touches. If TON gets a reaction from this area, the first target becomes $1.815.If this level breaks, the next key zone is the channel’s midline at $2.05 This is currently the most important barrier since it aligns with both horizontal resistance and the channel’s middle band.A breakout above the midline could open the path toward the $2.22–$2.36 region with stronger momentum. If TON breaks below the lower band of the channel and closes under it, the next support levels are:$1.69$1.63$1.44Especially if $1.69 is lost, selling pressure could deepen significantly. Falling Trend Theme 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.
Decentraland is one of the first decentralized 3D virtual reality (metaverse) platforms operating on the Ethereum blockchain, where users can acquire digital land, create content, interact with it, and generate revenue. The platform's currency is the ERC-20 token MANA, and users use MANA to conduct all transactions within the platform, such as buying and selling land and purchasing clothing and accessories for avatars. Land in Decentraland is represented by NFTs called LAND and is entirely user-owned; meaning everything you own in the game is registered on the blockchain and can be bought and sold without needing anyone's permission.Decentraland is a virtual world focused on both entertainment and creativity. Launched to the public in 2020, this platform allows users to connect through their browsers, create their own avatars, participate in events, and socialize with the community. By giving users full control over their digital assets, the platform promises a metaverse experience fit for the Web3 era. Let's take a comprehensive look at what Decentraland is, how it came to be, why it's important, and what you can do in it.Decentraland's Definition and OriginsDecentraland is defined as a decentralized virtual world. It runs on the Ethereum blockchain and is a platform where users from around the world can come together to create content, play games, and trade digital assets. The platform's native currency, the MANA token, is the backbone of the Decentraland economy, used to buy and sell digital assets such as land parcels (LAND), wearables, nicknames, and to pay for services. MANA also serves as a governance token, allowing the community to vote on platform-related decisions.The Decentraland project entered development in 2015, and its first whitepaper was written by Yemel Jardi and Manuel Araoz, along with Esteban Ordano and Ariel Meilich. The project's primary motivation was to create a digital world fully owned and controlled by users, an alternative to the restrictions found on traditional centralized gaming platforms. Ordano and Meilich aimed to resolve the concept of ownership in virtual worlds with blockchain, giving users real rights over their content and assets. Thus, a platform was born that combines the allure of virtual universes like Second Life with decentralization. Decentraland was initially prototyped as a 2D pixel world, but its vision was always to establish a metaverse where users could shape their land as they wish, operating without a central authority.In 2017, Decentraland held an initial coin offering (ICO) to accelerate project development and reach a wider audience, raising approximately $26 million in this sale. Later that year, the platform's early beta was announced, and the first digital land sales were conducted. The primary motivation for this development was to enable users to experience a sense of ownership in the digital world and to benefit economically from their content.Decentraland's History: Major MilestonesDecentraland has achieved many significant milestones from its conception to the present day. Here are some key milestones in the platform's history:2015 - Project launch: Development of Decentraland began under the leadership of Ariel Meilich and Esteban Ordano. This year, the idea of a blockchain-based virtual world blossomed, and the project was conceptually realized by the team. In the first prototype, users held rights to simple pixel plots of land recorded on the blockchain, laying the foundation for the concept of decentralized ownership.2017 - ICO and early release: In August 2017, the Decentraland team held an ICO for the MANA token, raising $26 million. During the same period, the first land auction, known as the "Terraform Event," was held, and 90,601 parcels of land were offered for sale on the first map, called Genesis City. During this auction, users acquired digital land by spending approximately 161 million MANA, and all spent MANA was burned due to the platform's deflationary nature. Towards the end of 2017, the beta version of Decentraland was launched, and the first users began testing the virtual world.February 2020 - Public Launch: After several years of development and community engagement, Decentraland was made available to all users in February 2020. Anyone could log in to the platform with an Ethereum-compatible wallet, create their own avatar, and explore the world. With this public launch, platform governance, previously managed by the Decentraland Foundation, began to be gradually transferred to the community. In 2020, the Decentraland DAO (Decentralized Autonomous Organization) was established, establishing a governance system where MANA and LAND holders could vote on critical platform decisions through smart contracts. During the DAO's establishment, 333 million MANA was burned (removed from circulation), creating the DAO treasury. 2021 - Metaverse Explosion and Major Partnerships: 2021 was a turning point for Decentraland, driven by both the popularity of NFTs and the mainstreaming of the metaverse. With Facebook changing its name to Meta, interest in virtual worlds increased, and Decentraland saw significant jumps in user numbers and market capitalization. In April 2021, land prices on the platform reached levels ranging from $6,000 to $100,000; the value of the MANA token also rose to $5.79 during this period following developments like Facebook's move. In November 2021, a virtual real estate company called Metaverse Group demonstrated the potential of the virtual real estate market by purchasing a single parcel of land in Decentraland for a record $2.43 million. That same year, Sotheby's, the world's oldest auction house, established the first metaverse auction house by opening a digital gallery in Decentraland's Voltaire Art District. During this period, major brands such as Samsung, Adidas, Atari, PricewaterhouseCoopers, and Miller Lite began appearing on Decentraland, organizing events and purchasing virtual properties. Also at the end of 2021, the first large-scale music concerts and festivals were held on Decentraland; names like the famous DJ Deadmau5 and singer Grimes brought together thousands of avatars by giving virtual concerts on the platform.March 2022 - Metaverse Fashion Week: In the first months of 2022, Decentraland continued to host major events. In March 2022, the world's first "Metaverse Fashion Week" was held on Decentraland. Fashion giants such as Dolce & Gabbana, Tommy Hilfiger, and Estée Lauder appeared on the platform with virtual fashion shows and events. This event demonstrated that the virtual world could be used not only in gaming and art, but also in commerce and marketing. 2022 also brought with it technical discussions; While reports emerged in October 2022 that Decentraland's daily active user count was very low (some even claimed that only 38 wallets were conducting transactions in a single day), the team clarified that the definition of "active user" only included engaged wallet addresses, indicating that the actual daily visitor count was actually around 8,000.October 2024 - Platform updates: As a constantly evolving platform, Decentraland released a significant update in 2024. The beta version of the desktop client application, called Decentraland 2.0, was launched in October 2024. This client aimed to improve the user experience by introducing new features such as higher performance, additional game missions, and mini-games, as an alternative to the browser-based experience. Simultaneously, protocol updates were made throughout 2023 and 2024 to enhance the platform's technical infrastructure. For example, the Archipelago communication protocol was updated to optimize network interactions by dividing users into "islands" based on their location. As of 2025, Decentraland maintained its leading position in the metaverse and continued its community-driven development through the DAO.November 2025: Although there are no major developments in Decentraland as of 2025, the MANA coin price is around $0.2. Why Decentraland is Important?There are many areas where Decentraland is important in the cryptocurrency world. Below are some examples:Ownership and User ControlThe most important feature that distinguishes Decentraland from similar virtual world platforms is that users have full ownership of their digital assets. In traditional online games, items controlled by the game developer become owned by users as NFTs in Decentraland. If you own land, ownership of that land is registered as yours through Ethereum smart contracts. Similarly, the clothes and accessories your avatar wears, and even the nickname you use, reside as NFTs in your blockchain wallet. This means that no one (not even the platform's founders) can take away or change your digital assets without your permission. User control isn't limited to asset ownership; you also have a say in the platform's future. Decentraland empowers users to shape their own worlds by delegating decision-making to the community through the DAO. This is a practical example of the Web3 philosophy, which prioritizes user rights in the internet age. Web3 and its Role in the Metaverse VisionDecentraland combines the principle of decentralization, a cornerstone of Web3, with the concept of the metaverse, a popular use case. At a time when Facebook (Meta) and other tech giants are investing in the metaverse, community-driven platforms like Decentraland offer a free and democratic virtual universe in contrast to centralized alternatives. This platform is a testbed demonstrating that in the future of the internet, users can not only be content consumers but also content owners and producers. The Web3 vision emphasizes that data and assets should belong to individuals; as a concrete implementation of this vision, Decentraland has created an environment online where you can truly own your digital identity, belongings, and even your land. Furthermore, in a world where online interaction has become increasingly important during and after the pandemic, Decentraland has proven the potential of the metaverse by providing an innovative environment for virtual concerts, exhibitions, and meetings.Open source, DAO structure, and the effect of decentralizationDecentraland's software is open source and open to contributions from community developers. The platform is released under the Apache-2.0 license, meaning the code is transparent and anyone can review and contribute. This open development model increases the platform's reliability and encourages innovation. Furthermore, Decentraland's governance is distributed between the Decentraland Foundation and the DAO: The Foundation plays a role in technical development and infrastructure, while MANA and LAND holders determine platform policies through the DAO. For example, in 2018, a community vote canceled the plan to increase the MANA token with an 8% annual inflation rate, switching to a fixed supply. Furthermore, governance decisions in 2021 ended the practice of burning 2.5% fees on marketplace transactions, and decided to transfer these revenues to the DAO treasury. Such developments demonstrate the reality of Decentraland's decentralized structure and that community decisions can directly shape the platform's economics and rules. In short, Decentraland is a living ecosystem that demonstrates the practical application of the concept of "decentralization" and holds a special place among blockchain-based projects. Decentraland's Uses and Token EconomyDecentraland boasts a rich range of use cases and a unique economic model, adding value to the coin. Below, you can find the platform's primary use cases and the role of the MANA token:What is virtual land?Decentraland's main map, Genesis City, consists of 90,601 LAND parcels.Each parcel is an ERC-721 NFT, approximately 16m x 16m in size, and is located on the map with (x, y) coordinates.The user who acquires LAND has full ownership and control rights over that parcel. How to buy land?An Ethereum wallet (e.g., MetaMask) and sufficient MANA are required.Land is purchased with MANA on the Decentraland Marketplace; a smart contract transfers MANA to the seller and the LAND NFT to the buyer.A small gas fee is also paid on the Ethereum network.LAND can also be traded on secondary NFT markets like OpenSea.What does ownership offer?Using the Builder or SDK, you can build content such as houses, galleries, playgrounds, and stores on your land.You can combine plots to create larger Estates and manage them as a single property.Value, trading, and rental incomeLand value varies depending on location and demand, with central areas generally being more expensive.Plots sold for very low prices in the early years reached tens of thousands of dollars in 2021, as seen in Metaverse Group's $2.43 million purchase.Landowners can sell their parcels at any price they choose or earn passive MANA-based income through a rental system; a portion of transaction fees goes to the DAO.Game and interactive exchangesDecentraland isn't just static structures; it's an interactive world filled with user-developed minigames, puzzles, tracks, and quests. Developers can build adventure games, races, quest systems, and reward-based events on the parcels using the Decentraland SDK. Social gaming spaces like Tominoya Casino, arcade games, and VR escape rooms are popular on the platform. Smart contracts and scripting allow for leaderboards, prize distributions, and competitions for MANA/NFT winnings. Competitions like Game Jam also encourage the community to create new games.Interactive spacesBeyond games, many parcels include interactive exhibitions or experimental spaces. Scenes like giant mazes, color-changing objects, and animated installations can be programmed with the scripting API. This allows users to spend time playing and experiencing, rather than simply browsing. NFT ExhibitionsDecentraland is a global stage for digital art and NFT exhibitions. Users can display their works, such as CryptoPunk or SuperRare, in their own galleries, and virtual museums can be created with presentation tools like 3D sculptures and high-resolution frames. The Museum District is a hub for community galleries. The opening of a gallery in Decentraland by Sotheby's in 2021 generated significant buzz in the art world. The annual Metaverse Art Week keeps the platform's art scene alive with exhibitions, panels, and workshops. NFT collection launches, concert launches, and community events are also common. Artists can mint their works and sell them on the Marketplace, generating revenue. Social spaces and eventsDecentraland is a social universe; concerts, festivals, themed parties, and community gatherings are held regularly. The 2021 Metaverse Music Festival and famous DJ performances brought together thousands of users. The platform features university campuses, developer workshops, crypto community clubs, and conference spaces. Brands also participate in events, such as Samsung's virtual store and the runways of Metaverse Fashion Week. Daily socializing is also common: Genesis Plaza is the first stop for new users, while bars and clubs offer spaces for chatting and socializing. Text and voice chat allow people from all over the world to connect easily.MANA BurnMANA was initially produced with a supply of ~2.8 billion; this supply has diminished significantly over the years thanks to burn mechanisms. Burning is the permanent removal of tokens from circulation by sending them to an inaccessible address. Major burn examples:2017 Land Auctions: 161 million MANA spent in initial sales, followed by 109.5 million MANA burned (totaling ~270 million).2019 DAO launch: 333 million MANA burned for the DAO treasury.Marketplace fees: For a period, 2.5% of all marketplace sales were burned. In 2021, this fee was redirected to the DAO as revenue instead of being burned.Name registration fee: 100 MANA for name registrations was initially burned in full; in 2023, this began to be transferred to the DAO treasury.Wearable sales: Smaller burns were implemented in exceptional periods; these were later converted to DAO revenue. Supply Status: The total MANA supply has dropped significantly after the burns; ~2.19 billion remained in 2020. Since the planned 8% annual inflation rate in 2018 was removed by community decision, MANA has become an inflation-free token. While burns are no longer required, the tokens locked in the DAO reduce circulation, making MANA an increasingly scarce asset.Decentraland's Founders and Developer TeamThe people behind Decentraland are comprised of experienced individuals in the crypto and software worlds. The project's founders are Argentinian entrepreneurs Esteban Ordano and Ariel Meilich. Founded in 2015, Ordano and Meilich combined their blockchain expertise with the idea of virtual reality to create this innovative platform.Ariel Meilich: Served as Decentraland's first project leader (CEO). Meilich has an entrepreneurial background and, after the project matured, left his position to hand over day-to-day management to the community and became an advisor. After Decentraland, Meilich continued his ventures in the gaming and NFT space, launching projects such as Big Time Studios. Meilich, who organized the first blockchain gaming conference "Nifty" in 2018, is also known for his work in building communities in the crypto industry.Esteban Ordano: As Decentraland's technical leader (CTO), he established the platform's technology infrastructure. Even before Decentraland, Ordano was active in the cryptocurrency sector; he worked as a software engineer at BitPay and specialized in decentralized technologies. He also served as an advisor on the Matic Network (Polygon) project, an Ethereum scaling solution. Ordano played a critical role in the development of Decentraland's smart contract infrastructure and led the implementation of an NFT-based land system on Ethereum. As of 2020, Ordano stepped down from his day-to-day duties, remaining as an advisor, leaving project management to the Decentraland Foundation and the DAO. Other team members: Yemel Jardi and Manuel Araoz, who co-wrote Decentraland's whitepaper with Ordano and Meilich, made significant contributions to the project's early development. Manuel Araoz is a well-known figure in the cryptography and blockchain community and was among the developers of early blockchain applications such as "Proof of Existence." These experienced team members were instrumental in shaping Decentraland's vision. Although initially developed by the founding team, Decentraland has now become an open-source project. Development of the platform is carried out by the nonprofit organization Decentraland Foundation and volunteer developers worldwide. The code repository is available on GitHub, and contributions come from the global community. Additionally, community developers are funded through grant programs allocated through the Decentraland DAO to develop new features, games, and tools for the platform. This allows the platform to evolve through the collective efforts of the user community rather than a specific company.Frequently Asked Questions (FAQ)Below are some frequently asked questions and answers about Decentraland:How to join Decentraland: Joining Decentraland is quite easy; simply go to decentraland.org in your browser and click the "Play" or "Get Started" button. The best way is to connect an Ethereum-compatible wallet like MetaMask. After connecting the wallet, you create your avatar and enter an experience where all your earned assets are permanently owned. You can also explore the world without a wallet in guest mode; however, your purchased assets are not protected in this mode, and you won't have access to features like governance. A mid-range PC is recommended because the platform uses 3D graphics; if you want to improve performance, you can also opt for the official desktop client.What is required to buy land in Decentraland?: To own land in Decentraland, you need an Ethereum wallet and a small amount of ETH along with MANA. Land is purchased through the official Marketplace; After connecting your wallet, you can select a land plot you're interested in by viewing the available plots on the map. Upon purchase, the smart contract transfers MANA to the seller, and the LAND NFT is transferred to your wallet. This gives you full ownership of that plot. Buying land isn't mandatory, but it's a necessary step if you want to build your own content or acquire digital real estate for investment purposes.Where to buy MANA: The most practical way to acquire MANA tokens is to buy from popular exchanges like Binance, Coinbase, Kraken, BtcTurk, or Paribu. After depositing funds into your account, you can buy the desired amount by trading the MANA/TRY or MANA/USDT pairs. If you prefer a decentralized method, you can also exchange MANA for ETH on Uniswap. However, gas fees may be higher. Remember that MANA is an ERC-20 token, and you should store the purchased tokens in an Ethereum-compatible wallet such as MetaMask, Trust Wallet, or a hardware wallet. How do developers create content?: Decentraland allows both non-technical users and developers looking to develop advanced projects to create content. Non-coding users can use the Builder tool to design scenes using drag-and-drop, creating small galleries, cafes, or event spaces. For more advanced content, the TypeScript-based Decentraland SDK is used. The SDK gives developers the freedom to add gameplay mechanics, create interactive objects, write custom logic, and develop mini-games. Creators who want to create their own 3D models can import objects they designed in tools like Blender or Maya into the platform. This creation process often creates economic opportunities; minting wearable designs as NFTs and selling them on the Marketplace can be a significant source of income.Which wallets are supported?: Decentraland works with many Ethereum-compatible wallets. The most common method is to install MetaMask as a browser add-on, and users confirm transactions directly through this wallet. Mobile users can connect apps like Trust Wallet, MetaMask Mobile, or Rainbow via WalletConnect. Those seeking greater security can manage their assets by integrating hardware wallets like Ledger or Trezor through MetaMask. It's crucial that the wallet used supports ERC-20 and ERC-721 standards. While guest access is possible, connecting a wallet is essential for a permanent Decentraland experience.Discover the latest metaverse guides, MANA token analyses, and virtual world trends in the JR Kripto Guide series.
The long-discussed quantum threat on Ethereum is no longer a technical possibility but a timely warning. Ethereum co-founder Vitalik Buterin, appearing on the DevConnect stage, stated that the acceleration of quantum computer research could weaken the existing cryptographic infrastructure and emphasized that the ecosystem must strengthen its defenses "within the next four years."Buterin's message was clear: This isn't an abstract security debate; it's a technical alarm directly concerning Ethereum's future and the integrity of user assets. He even linked the timeline to the 2028 US presidential election, laying out a goal that aligns with global political and technological agendas.Why is current cryptography risky compared to quantum?Ethereum currently uses elliptic curve cryptography for transaction verification, account security, and signature verification. This method is quite secure for classical computers. However, a quantum machine with sufficient scale can use Shor's algorithm to derive a user's private key from their public key. This makes not only wallets but also a wide range of applications, from smart contracts to Layer 2 infrastructure, vulnerable. Buterin stated that the real danger should begin "before quantum supremacy is declared," and that Ethereum should move with a planned transition, not panic. Forcing hasty updates to the protocol could lead to both structural errors and a chain split.How will the transition occur? A clear four-year timeframeButerin stated that Ethereum should complete the transition to quantum-resistant cryptography within a roughly four-year timeframe. This approach provides developers with a reasonable time to test and implement new algorithms and manage the user-side transformation.However, this process doesn't solely fall on the shoulders of core developers. The entire ecosystem, from exchanges and wallet developers to L2 teams and enterprise infrastructure providers, requires coordinated action. Given Ethereum's massive technical and economic network, a cryptography migration of this scale requires significant engineering effort.Where should innovation shift?Buterin stated that frequent changes to the core protocol are risky, and that innovation should now be focused more on Layer 2 platforms, smart wallets, and privacy tools. This approach aligns with Ethereum's long-term strategy of keeping its core more stable while leaving experimental and rapidly developing features to the upper layers.Rollups and other L2 solutions stand out as areas that improve the user experience and provide a suitable environment for testing new cryptographic structures. This allows for the development of nascent technologies without threatening the stability of the underlying protocol.Wallets and privacy tools will be at the forefrontWallets will be the most acutely felt part of the transition. Users will need to migrate to new signature schemes, update their addresses, and perform key rotations. For this transition to be seamless, an interim period where wallets simultaneously support both classical and quantum-resistant algorithms is essential.Similarly, privacy-focused solutions must integrate new cryptographic standards to prepare transaction data and identity information for the post-quantum era.
Ondo Finance's subsidiary, Ondo Global Markets, has officially opened the door to European regulation. With authorization from the Liechtenstein Financial Markets Authority (FMA), the company will be able to offer tokenized stocks and ETFs to investors throughout the European Economic Area. This step is considered critical because it marks the first time that blockchain-based securities and "on-chain" financial products have been placed under such a comprehensive regulatory framework in Europe.Thanks to Liechtenstein's passporting system, the authorization extends beyond the country; it extends to all EU member states, as well as 30 countries, including Iceland, Norway, and Liechtenstein. This will allow US-listed stocks and ETFs to be offered to over 500 million potential investors in a tokenized and regulated format.The company describes this authorization as "the beginning of a new era where traditional financial markets and blockchain infrastructure meet under the same roof, with regulatory oversight." Ondo Global Markets currently boasts over $315 million in total locked assets and over $1 billion in trading volume. These figures demonstrate the platform's current leadership in tokenized financial products.With this new authorization, Ondo not only expands its existing products, such as tokenized US Treasury bonds, but also contributes to strengthening the legal status of tokenized securities in Europe. CEO Nathan Allman, known for his background at Goldman Sachs, has long led a strategy aimed at bringing traditional financial products to the onchain world. Allman emphasizes that despite the complex regulatory landscape of the European market, with the right infrastructure, onchain securities can be used safely by a broad range of investors.The approval from the Liechtenstein FMA sets a significant precedent for tokenization in Europe's securities markets. While access to US stocks and ETFs, in particular, typically varies depending on national regulations, this step establishes a harmonized framework across the continent. According to experts, this situation could accelerate institutional investors' interest in tokenized assets.What's the latest on the ONDO price?For Ondo's native token, ONDO, the price is currently at $0.53, according to market data. The token's market capitalization has reached $1.7 billion; however, the 42.89% decline in the last 90 days reflects the pressure exerted by general market conditions. Nevertheless, it is believed that the new gateway to Europe could increase confidence in the ONDO ecosystem in the medium term. This broad access brought about by regulation creates a strong foundation for the future of tokenized financial products in Europe. Ondo's move is expected to accelerate the tokenization race by setting an example for other companies.
Mastercard has taken a significant step toward making cryptocurrency transfers more understandable and error-proof for everyone. The company is collaborating with Polygon network and payment infrastructure provider Mercuryo to launch a new system where users can transfer using verified usernames instead of long, complex wallet addresses. Here are the details…Mastercard Selects PolygonMastercard has taken a new step toward simplifying the user experience in the crypto world with a partnership between Polygon and Mercuryo. These three parties have announced a system expansion that allows users to transfer using verified usernames (aliases) instead of long, complex crypto wallet addresses.One of the biggest challenges faced in traditional crypto transfers is the error-prone nature of long wallet addresses, consisting of alphanumeric characters starting with "0x." With Mastercard's new system, users will be able to perform transactions by entering a name or username. Mercuryo will handle the pre-registration and identity verification process; an alias will be assigned to the verified user. This alias will be linked to the user's self-custody wallet. After assigning an alias, users will also be able to request a "soulbound token" (a binding token that doesn't circulate) on the Polygon network. This token will serve as an on-chain indicator that the wallet in question belongs to a verified user. This allows transactions to be made with a verified username, providing a layer of verification above the user's real identity without directly transferring it to the blockchain.Technological Choice: PolygonMastercard considered Polygon Labs' speed, low transaction costs, and payment-focused architecture in its infrastructure selection. The Polygon network was chosen because it offers performance and scalability that can seamlessly handle high-volume payments. This means the system is designed for real-world use.So, why is this development significant? Let's explain it in three points:Users sending crypto to the wrong address is a common risk. Transactions with a simple username instead of long addresses can mitigate this risk.As the trend toward self-custody, where users fully own their own wallets, grows, a lack of verification can create fear. This system both preserves ownership and adds a layer of identity.It creates a user-friendly experience similar to the traditional payment experience for crypto payments and asset transfers, which could accelerate adoption.How does the process work?The user is authenticated through Mercuryo.After verification, the user is granted an alias, which is linked to the user's wallet.The user can optionally acquire a soulbound token on the Polygon network, which proves on-chain that the wallet belongs to a verified user.Crypto transfers can now be made using this username instead of long addresses; the recipient enters the username, and the transaction is processed.At the time of writing, Polygon's POL coin appears unaffected by this development: it has fallen 3 percent in the last 24 hours, trading at $0.14. However, it's worth noting that this decline is driven by a broader cryptocurrency market crash.
Coinbase announced that it has completed preparations to launch spot trading support for Superfluid (SUP) and Toncoin (TON). The US-based exchange announced that both altcoins will be listed on the platform by November 18, 2025. The listings will be phased in; order books will only become active when the required liquidity threshold is met.The rapid increase in visibility for SUP, in particular, was notable following the announcement. The project has been frequently discussed in the developer community in recent months due to its structure offering "real-time token flow" through smart contracts. The Superfluid protocol provides an alternative architecture to Web3 payment models, enabling continuous asset transfers on a per-second basis without block times or manual payment triggers. Coinbase's SUP listing directly addresses this growing interest.Volatility warning issuedAccording to information shared by Coinbase Markets, the SUP/USD trading pair can become active at any time during the day, due to internal liquidity checks and market makers ensuring order depth. The exchange stated that not sharing a fixed opening time was chosen to protect the market from manipulative sudden movements and to initiate price discovery more effectively.Users were also warned of potential volatility in the early hours. Coinbase reminded users to use limit orders, open positions gradually, and avoid aggressive market buying, emphasizing that the order book naturally stabilizes over time in new listings.Toncoin, which emerged from the Telegram ecosystem, is following a different listing process due to its larger user base. The opening for the TON-USD pair is expected to occur in the evening hours of November 18, 2025. The Coinbase listing is known to have been long-awaited by the market, as the TON ecosystem has continued to grow in terms of both user activity and on-chain speed over the past two years.TON stands out with its fast block times, low transaction costs, and mobile-focused usage advantages, while its DeFi and mini-app ecosystems continued to expand throughout 2025. The listing is expected to provide TON with greater visibility in the US market. Coinbase stated that both altcoins may not be available in all regions. Due to regulatory restrictions, trading in SUP and TON will be restricted in some countries. Users are urged to check availability in their respective regions before opening a trade.A critical technical caveat has also been issued for SUP: The asset will only be supported on the Base network. Coinbase issued a stern warning that transfers to networks other than the specified smart contract address could result in permanent losses.
Global crypto investment products experienced a record capital outflow of $2 billion last week. The latest data from CoinShares indicates the sharpest weekly decline since February. This suggests that both uncertainty about a macro-level interest rate cut and the sell-off by large crypto investors are putting new pressure on the market.CoinShares Research Director James Butterfill states that the reshaping of interest rate cut expectations in recent weeks has disrupted investor behavior. Combined with the accelerated selling by large wallets, the three-week total outflow has reached $3.2 billion. The pullback in digital asset prices has reduced total assets under management from $264 billion in early October to $191 billion.The US is at the center of these outflows. The $1.97 billion outflow alone accounts for 97 percent of global capital losses. This figure demonstrates a significant weakening of risk appetite across a broad spectrum, from institutional investors to individual funds. Switzerland and Hong Kong also contributed to the negative outflows, with outflows of $39.9 million and $12.3 million, respectively.Germany, however, painted a completely different picture. German investors capitalized on the recent declines, generating net inflows of $13.2 million. Butterfill emphasized that Germany's historical tendency to be more "opportunity-focused" during downturns resurfaced this week.The Latest Bitcoin and Altcoin OutlookOutflows were sharp on Bitcoin. Last week, $1.38 billion in investment products were withdrawn from the market. The three-week total loss represents approximately 2 percent of the managed assets of Bitcoin ETPs. The outflow for Ethereum is proportionally weaker. The weekly outflow of $689 million corresponds to 4 percent of the AuM in Ethereum products. Solana saw outflows of $8.3 million and XRP of $15.5 million. These figures reflect continued risk aversion across a broad segment of the market. However, the picture is not entirely one-sided. In the last three weeks, $69 million inflows were generated into multi-asset investment products. Investors' tendency to diversify during volatile periods is strengthening. The increased demand for short-bitcoin products is also noteworthy; net inflows over the three weeks reached $18.1 million. This movement suggests investors are taking more aggressive hedging positions against downside risk.Following the US government reopening, there were expectations of a short-term market relief. However, these hopes quickly dissipated. The Bitcoin price fell to six-month lows, testing the $95,000 level. The delay in the influx of fresh liquidity on the macro side and the selling pressure in the cryptocurrency are delaying the market recovery for now.
