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What is The Graph (GRT)?
The Graph (GRT), a name we're hearing more and more frequently in the crypto world, is a powerful project often referred to as the "Google of Web3." So, what is The Graph coin, what does GRT coin do, and why is it so important? Essentially, The Graph is a decentralized protocol that collects and organizes data across many blockchain networks, especially Ethereum, and allows developers to easily query this data. In other words, by making complex blockchain data readable, organized, and accessible, it enables the smooth operation of Web3 applications in the background. Used in many areas today, from DeFi protocols to NFT platforms, The Graph provides speed and security not only to developers but also to the entire ecosystem. GRT coin, on the other hand, is at the center of this ecosystem, ensuring both economic functioning and encouraging user participation in the network. For those curious, this guide provides all the details about The Graph, from its history and technical structure to its value and future potential. The Graph's Definition and OriginsThe Graph, a decentralized protocol that stands out as one of the most critical building blocks of the Web3 ecosystem, facilitates indexing and querying blockchain data. Blockchain networks record every transaction and smart contract interaction that occurs on them; however, this data is often in a raw, scattered, and difficult-to-process form. This is where The Graph comes in. It organizes data across networks like Ethereum and IPFS and provides developers with standard, readable, and fast access to this data using the GraphQL query language. Thus, blockchain data, which is otherwise complex and fragmented, is structured and made usable for Web3 applications thanks to The Graph.One of The Graph's most striking features is the "subgraph" structure it offers developers. Subgraphs act as specialized APIs that index and query the data of a specific blockchain application or smart contract. For example, when a DeFi protocol wants to display users' transaction history or liquidity data, it can define its own subgraph and access this data through The Graph network. This approach allows developers to access data easily and in a standardized way without having to set up complex node infrastructure. The Graph's origins date back to 2018. The project was conceived by three experienced software development and blockchain experts: Yaniv Tal, Brandon Ramirez, and Jannis Pohlmann. At the time, the team wanted to solve one of the biggest problems facing Web3 applications: the inaccessibility of data generated on the blockchain. In traditional applications, developers could easily extract and process data. However, things were different on the blockchain; data was dispersed, raw, and directly unusable. Tal and his team designed a decentralized and reliable indexing protocol to address this issue, creating The Graph.After an intensive development and testing process, The Graph officially launched its mainnet in December 2020. At the same time, the GRT token, central to the ecosystem, was launched. Thus, The Graph became not only a technical solution but also an economic model. Today, The Graph has evolved beyond simply being an indexing protocol. It assumed the role of the data access layer necessary for Web3's growth and began to be recognized as a fundamental infrastructure that makes data accessible, organized, and queryable in the blockchain world.The Graph's History: Key MilestonesThe Graph quickly became an indispensable part of the Web3 ecosystem. First announced as an idea in 2018, within a few years, the project became not only a technical solution but also a core infrastructure for Web3 applications. Making blockchain data accessible, organized, and queryable, in particular, played a critical role in the rapid development of DeFi protocols and NFT platforms. The Graph's journey has featured numerous milestones, from the vision set by the founding team to the launch of the mainnet, the launch of the GRT token, and multi-chain support. Now, let's take a closer look at The Graph's history and examine the most significant developments that brought the project to its current status.• 2018: Project announcement. The Graph was launched in 2018 by Yaniv Tal, Brandon Ramirez, and Jannis Pohlmann. During this period, the first prototypes were developed and the project was introduced to the blockchain ecosystem.• 2020: Mainnet launch. Following an intensive development process, The Graph's decentralized mainnet officially launched in December 2020. This date is considered the Graph launch date.• 2020: GRT token launch. With the mainnet launch, GRT coin, The Graph's native cryptocurrency, entered circulation. So, the answer to the question "When did the GRT coin launch?" is late 2020. The GRT token was designed to form the basis of the protocol's economic structure.• 2021: Adoption in DeFi and NFT projects. Starting in 2021, popular Web3 projects such as Uniswap, Aave, and Decentraland began indexing and querying their data through The Graph. During this period, The Graph reached billions of queries monthly, becoming one of the most critical components of the ecosystem. In particular, The Graph's DeFi integration and usage on NFT platforms were the biggest drivers of growth.• 2022–2024: Multi-chain support and L2 solutions. The Graph expanded beyond Ethereum to support numerous networks such as Polygon, Arbitrum, Avalanche, and Near Protocol. In 2023, it began migrating from Ethereum to Layer-2 solutions like Arbitrum to increase scalability. This move both reduced costs and increased network efficiency. During these years, a rapidly growing global developer community emerged around The Graph, and the project gained strong community support.2025: The GRT token traded at $0.090 as of September 2025. Why Is The Graph Valuable?There are many reasons why The Graph is so prominent in the Web3 ecosystem today. Some call it the "Google of Web3," while others describe it as the invisible infrastructure of the DeFi and NFT world. In fact, all of these comparisons are true, as The Graph is a critical protocol that enables decentralized applications to thrive by facilitating access to data. Let's take a closer look at the key features that make The Graph valuable.The "Google" of Web3The Graph is often called the "Google of Web3" because it provides fast and reliable access to data on the blockchain. Developers can query the data they need directly through The Graph without having to set up their own nodes. This significantly saves time, cost, and effort.The Infrastructure of the DeFi and NFT EcosystemMany popular Web3 applications we use today actually run on the infrastructure provided by The Graph. For example, Uniswap, Aave, or Decentraland index their data through The Graph and present it to the user. This integration makes data instantly accessible, making The Graph a critical backend in the DeFi and NFT worlds. Decentralized and censorship-resistantThe Graph operates in a completely decentralized structure, meaning data isn't stored on a single server. Indexing and querying are handled by different participants in the network. This structure makes the protocol censorship-resistant and contributes to the reliable and uninterrupted operation of Web3 applications.Special "Subgraph" toolsOne of the most powerful features The Graph offers developers is the subgraph structure. Each project can index the data it needs by defining its own subgraph. Subgraphs function like small databases that expose a dApp's data to GraphQL queries. This flexibility allows developers to build their applications much faster, easier, and more efficiently.GRT token and staking mechanismAt the heart of The Graph is its native token, GRT. GRT is an economic incentive used to secure the network. Roles like Indexer, Delegator, and Curator secure the network through GRT staking. Users can earn rewards by staking GRT and also have a say in the protocol's future by participating in the governance process. This system both sustains the ecosystem with incentives and ensures the proper and reliable operation of The Graph.The Graph's Technical SpecificationsOne of the most valuable features of this massive protocol is the technical specifications of GRT and the network. As mentioned earlier, at the heart of The Graph lies the protocol's native token, GRT. This token is not just a tradable digital asset; it also serves as the fuel that powers the entire network. The Graph doesn't have its own dedicated blockchain, but it operates much like a Proof of Stake system. Participants in the network (indexers, delegators, and curators) deposit a certain amount of GRT tokens as collateral. In this way, they both ensure the security of the network and earn rewards for their work. This economic model incentivizes the network to operate consistently and fairly. Roles in The Graph protocol. Source: The Graph/Blog While the total supply of GRT was initially set at 10 billion, there is no fixed upper limit. New GRTs enter circulation at an annual inflation rate of 3 percent, but a portion of these new tokens are burned to maintain a net inflation rate of around 2 percent. So, what do these tokens do? DApps, or decentralized applications, pay fees in GRT to use the data services offered by The Graph. Furthermore, network participants (indexers, delegators, and curators) stake GRT, contributing to the network and earning passive income. GRT holders also have a say in the project's future by voting, making The Graph a truly decentralized community project.Initially focused solely on Ethereum, The Graph has now evolved into a data bridge. It can now index and query data not only on Ethereum but also on nearly 40 other blockchains, including Polygon, Arbitrum, Avalanche, Celo, Fantom, and Near Protocol. This has made The Graph the data indexing standard for the entire Web3 world, without being tied to a single ecosystem.Who is the Founder of The Graph?The Graph project is led by three founders: Yaniv Tal, Brandon Ramirez, and Jannis Pohlmann. The trio set out in 2018 to find a solution to one of the biggest problems in the Web3 world. At the time, finding and using data for decentralized applications (dApps) running on blockchains was a nightmare. Each dApp had to set up its own database and retrieve data individually, which was both time-consuming and inefficient.It was at this point that Yaniv Tal (project leader), Brandon Ramirez (research), and Jannis Pohlmann (technology leader) came together to found The Graph. Their goal was to create an infrastructure where anyone could easily access, index, and organize data on the blockchain. In short, they wanted to create a protocol that would enable searching and querying the blockchain's complex and dispersed data, akin to a "Google."With this vision, the founding team built not just a product but also an ecosystem. In 2020, with the launch of GRT, The Graph's native cryptocurrency, the project gained global reach. Throughout this process, The Graph's development hasn't been solely driven by the founders.• Graph Foundation: A non-profit foundation established to ensure the project's long-term sustainability. It undertakes tasks such as supporting the ecosystem, organizing grant programs, and strengthening the community.• Edge & Node: A company, including the founders, that serves as The Graph's core development team. They drive the protocol's technological development, add new features, and grow the ecosystem.• Extensive Developer Community: Because The Graph is an open-source project, it continues to grow with contributions from thousands of developers worldwide. This ensures its decentralized structure, and the project's future is not dependent on the decisions of a single central authority.In short, although Yaniv Tal, Brandon Ramirez, and Jannis Pohlmann laid the foundations for The Graph, its current status is the result of a large community that embraces the founders' vision and works towards a common goal. Frequently Asked Questions (FAQ)After this lengthy guide, you might still have some questions. Therefore, below, we've compiled some frequently asked questions and answers about The Graph:When did The Graph (GRT) come into being?: The Graph project first emerged in 2018. Yaniv Tal and his team announced the project and began development this year. The protocol became available with the mainnet launch in December 2020.Who are the founders of The Graph?: The Graph's co-founders are Yaniv Tal, Brandon Ramirez, and Jannis Pohlmann. These three individuals jointly conceived and implemented the project. The project is also supported by the Graph Foundation and core teams like Edge & Node.How does The Graph work?: The Graph organizes blockchain data into indices called "subgraphs" and makes them accessible using the GraphQL query language. When an application adds data to the blockchain (e.g., a smart contract event), the Graph Node processes this data into the relevant subgraph. This allows developers to easily retrieve the data they need from The Graph network with GraphQL queries. This process is reliable and scalable because it takes place on a decentralized infrastructure.What is the total supply of the GRT token?: The total supply of the GRT token is set at 10 billion units. Initially, 10 billion GRT were issued and entered circulation. The supply is also planned to increase slightly due to annual inflation of ~2%.What is The Graph used for, and why is it valuable?: The Graph is an infrastructure that allows you to easily index and query blockchain data, acting as a data backbone for Web3 applications. It is particularly valuable in areas like DeFi and NFTs because it provides the data applications need quickly and reliably. Its decentralized and open protocol, coupled with its broad community adoption, makes The Graph an indispensable part of the Web3 ecosystem. Which blockchains does The Graph support?: The Graph was initially designed to index data on Ethereum, but today it supports multiple blockchains. It supports many popular blockchains, including Ethereum, Polygon, Arbitrum, Avalanche, Fantom, Celo, and Near Protocol. In total, The Graph can index over 30 mainnets, and this number is growing over time.Follow the JR Crypto Guide series for more content on The Graph and other projects shaping the Web3 infrastructure.
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3 Sep 2025
MOVE Comment and Price Analysis - September 3, 2025
MOVE/USDT Technical Analysis MOVE Bottom Theme MOVE chart shows two patterns at the same time on the 4-hour timeframe. Blue trends show the main trend on the daily chart, while red trends show a short-term downward channel.The price is currently at an important daily support level, which also matches the lower line of the red downward channel. When these two levels meet, it can be an important signal for a possible price reversal.If the price breaks upwards from the red channel, the first target is $0.12 – $0.125. Moreover, if the price goes higher, the next target is $0.14 – $0.15.In short, MOVE is under short-term downward pressure, but daily support is holding. If this support holds strong, the price could break upwards and move toward $0.14 – $0.15.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, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during the trades.
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3 Sep 2025
ZK Comment and Price Analysis - September 3, 2025
ZK/USDT Technical AnalysisAnalyzing the ZK chart, we can see a clear descending channel pattern. ZK is trading inside this pattern, touching both the lower and upper bands. Such patterns usually show the main trend direction, while the lower band often acts as a potential reversal zone. Falling Channel Structure The price is currently trading around $0.056, very close to the lower band of the channel. The $0.055 – $0.056 zone is both a horizontal support and the channel’s lower band, making it an important area for a possible bounce. If this level holds, the price could move first toward the mid-band of the channel, and then to the upper band.Short-term resistance levels:$0.059$0.062$0.066The $0.066 zone is the key decision level, as it matches the upper band of the channel and also acts as strong horizontal resistance. A breakout above this area would confirm an upside break of the descending channel and could lead to stronger recovery.On the other hand, if the $0.055 support fails, the next important levels to watch are $0.052 and $0.050.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, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during the trades.
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3 Sep 2025
A New Era in Finance: Stocks Now on the Solana Blockchain
Crypto finance company Galaxy Digital has taken a significant step in combining traditional finance with blockchain technology. The company announced the tokenization of its Nasdaq-listed shares (GLXY) on the Solana blockchain.Galaxy Founder and CEO Mike Novogratz stated that this initiative aims to create a model that combines traditional capital markets with next-generation infrastructure. "Our goal is to create a tokenized stock that brings the best features of crypto, such as transparency, programmability, and composability, to the traditional world," Novogratz said.Galaxy and Superstate CollaborationThis project is being implemented through Superstate's "Opening Bell" platform. Superstate introduced the "Opening Bell" platform in May to bring SEC-registered stocks to the blockchain. This platform enables the issuance and trading of real SEC-registered stocks directly on-chain, rather than synthetic or derivative products. Superstate CEO Robert Leshner described this development as "the first example of a Nasdaq-listed company being tokenized on a major public blockchain." Leshner stated that Galaxy's registered shareholder list is updated in real time as tokens change hands, and that financial markets have experienced a significant upgrade with Superstate.With the tokenization process, Galaxy's shares will be held and transferred in their own crypto wallets by authorized investors who have completed KYC (Know Your Customer) processes. The company states that tokenized shares can be made accessible through Automated Market Makers (AMMs) and other decentralized finance (DeFi) platforms to increase liquidity and leverage.Tokenization Trend AcceleratesTokenization has become a rapidly growing field in recent years. According to RWA.xyz data, the total value of tokenized securities has reached $341 million. Traditionally illiquid assets, such as US Treasury bonds and private loans, are becoming more accessible thanks to blockchain technology. However, this rapid growth also raises concerns. Experts emphasize that tokenized stocks operate in a regulatory gray area and that the nature of these products can be misunderstood. "It's crucial for investors to understand that they don't own actual shares, but rather hold tokens issued by brokerage firms that allow them to benefit from the appreciation of the underlying shares," said John Murillo, chief business officer of fintech firm B2BROKER.Galaxy's move demonstrates the growing interest in moving publicly traded companies' stocks to the blockchain. Projects like Backed Finance's xStocks platform are also operating in this area. Tokenized stocks from more than 60 companies, including Netflix, Meta, and Nvidia, are offered on blockchains like Solana, BNB Chain, and Tron. Recently, xStocks announced that tokenized stock offerings are now available on Ethereum.
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3 Sep 2025
Ethereum Foundation's Giant Sell-Off: Announces 10,000 ETH Sale
The Ethereum Foundation's decision to sell 10,000 ETH (approximately $42.7 million) via centralized exchanges has generated widespread criticism in the cryptocurrency community. The foundation explained that this sale was intended to support long-term goals and maintain transparency.The sale, announced in a transparency statement published on September 2nd, will be phased in over several weeks. It states that the proceeds will be used for research and development activities, ecosystem grants, and donations. It emphasized that transactions will be made in smaller increments, rather than a massive one-time block sale, to mitigate any potential negative impact on the market. The foundation's announcement was also shared on the official X (formerly Twitter) account and received hundreds of thousands of views within hours. The foundation's move was met with criticism from some members of the Ethereum community. Critics argue that selling ETH directly on centralized exchanges could damage market sentiment and create unnecessary pressure. Instead, they argue that the Foundation should leverage existing decentralized finance (DeFi) protocols to raise funds without relying on centralized platforms.AaveChan founder Marc Zeller, a prominent community figure, summarized this view by saying, "Just use Aave." Zeller's comment reflects a widespread belief that the Foundation should also use the DeFi infrastructure it helps support. These criticisms are based on the argument that large sell-offs can be perceived as a bearish signal for the market, contradicting Ethereum's decentralized spirit. The Foundation's previous borrowing of $2 million worth of GHO stablecoin through the Aave protocol using Wrapped ETH as collateral demonstrates the feasibility of such decentralized methods.The Ethereum Foundation has previously sold ETHThe Ethereum Foundation has historically sold ETH during strong market periods to diversify its reserves and fund long-term projects. This latest plan is seen as a reflection of its strategy to support ecosystem growth.Binji, a Foundation employee, defended the sale by viewing it in the context of the broader market. He noted that the total of 10,000 ETH is a relatively small amount compared to the 403,800 ETH purchased by institutional companies in the same week. Binji emphasized that the Foundation's sales ultimately strengthen the Ethereum network by attracting more developers and users to the network, thus increasing the overall value of the ecosystem. This statement suggests that the sales should be viewed as an investment in the ecosystem rather than short-term speculation.For now, the Foundation insists that its gradual sales approach will minimize the negative impact on the market. However, with Ethereum trading at critical levels, it remains to be seen how the sales will play out and whether they will trigger volatility in the coming weeks. This tension between the community's sensitivity to transparency and decentralization and the Foundation's financial strategies will continue to be closely monitored in the crypto world.At the time of writing, Ethereum's ETH is trading at $4,370, a 0.6 percent decrease.
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3 Sep 2025
ENA Comment and Price Analysis - September 2, 2025
ENA/USDT Technical AnalysisAnalyzing ENA chart, we can see that the long-term downtrend has been broken above, as mentioned in the previous ENA analysis. After that, the price pulled back, completed the retest, and made a strong bounce. After the retest, the upward move gained momentum.The coin is currently trading around $0.72 and testing its first short-term resistance. If this level gets broken above, the price could swiftly move toward $0.80. Holding above $0.80 would open the way to the $0.93–$0.95 area, and later the psychological $1.00 resistance.On the downside, the first support is at $0.66, while the main defense zone is between $0.60–$0.62. This zone is strong because it is both a retest area and a horizontal support. As long as the price stays above this region, the bullish structure will remain intact.ENA has confirmed its breakout and retest, showing that the bullish potential may continue in the medium term. Summary:Market structure turned positive after the trend breakout.Current price: $0.72Support levels: $0.66 → $0.62 → $0.60Resistance levels: $0.72 → $0.80 → $0.93 → $1.00Retest confirmed, bullish scenario remains 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.
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2 Sep 2025
BNB Comment and Price Analysis - September 2, 2025
BNB Technical OutlookThe main trend is upwards and thus seems positive. What is more, the price has reached $885 — all-time high (ATH) level as of today. BNB is currently trading around this level. Rising Channel Formation The price has broken the resistance level at $861, above which we have another upper resistance range between the levels at $892 – $928, which is both the upper border of the channel and where sellers could step in. Approaching the $900 level could mean hitting trend resistance. If this level gets broken, a technical target equal to the channel width can be calculated. This target points to $1500 in the medium term.We should be monitoring the following support levels in case of a pullback:$861$830$790These 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.
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2 Sep 2025
XRP Comment and Price Analysis - September 2, 2025
XRP Technical AnalysisThe rising channel structure is striking on the XRP chart. The price has begun to retreat after touching the upper band. Such movements are considered healthy in channel structures, as it is crucial for the price to take a breather and test support areas for the continuation of the uptrend.In the short term, the 2.85-2.93 area stands out as the first significant support. If this area holds, the price could move back towards the upper band of the channel. However, if it remains below this level, the next strong support lies in the 2.38-2.44 area. This area, which also intersects with the channel's lower trend, could be a critical area for a potential reversal.In an upside scenario, if the price tests above $3.00 again, the upward momentum can be expected to strengthen. The upper band of the channel corresponds to the 3.40-3.50 area on average and is a strong target. Shrinking Rising Structure Summary:XRP maintains its positive structure within the ascending channel.2.85-2.93 is the first support area.Strong support for a reversal as it intersects with the channel lower trend at 2.38-2.44.These analyses do not constitute investment advice and focus on support and resistance levels that may present potential trading opportunities in the short and medium term, depending on market conditions. However, the responsibility for executing trades and managing risk lies entirely with the user. It is also strongly recommended to use stop-loss orders for any trades mentioned.
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2 Sep 2025
Major Companies Accelerate Ethereum and Bitcoin Purchases
Institutional buying appetite is once again in the cryptocurrency markets. Prominent transactions in the last week of August witnessed billion-dollar movements in both Ethereum and Bitcoin. Leading names such as Ether Machine, Bitmine, MicroStrategy, and SharpLink bolstered their portfolios with massive acquisitions.Ether Machine and Citigroup SupportEther Machine acquired an additional 150,000 Ethereum in August. This move, equivalent to approximately $654 million at today's prices, attracted attention in the market. Citigroup's spearheading of a third financing round for the company worth at least $500 million is also noteworthy. The interest shown by institutional capital in Ethereum treasury companies is a critical development.Bitmine's ETH holdings reach 1.8 millionLast week, Bitmine announced the purchase of 153,075 ETH, bringing the company's holdings to 1.866 million. Bitmine's portfolio also includes 192 BTC and $635 million in cash reserves. Total assets have reached approximately $8.9 billion, making Bitmine one of the strongest Ethereum treasury companies in the market.MicroStrategy Doesn't Stop at BitcoinIn addition to its massive Ethereum acquisitions, MicroStrategy is also attracting attention in the Bitcoin market. Last week, the company purchased an additional 4,048 BTC. With the purchase, which was made at an average price of $110,981, MicroStrategy's total Bitcoin holdings reached 636,505. The company's founder, Michael Saylor, remains committed to its Bitcoin strategy and continues to position BTC as "digital gold" at every opportunity.SharpLink's Ethereum MoveSharpLink (SBET), a prominent Ethereum-focused company, has also announced new acquisitions. According to a statement released by X, the company purchased 39,008 ETH at an average price of $4,531. This brings SharpLink's total ETH holdings to 837,230. This reserve, worth approximately $3.6 billion, further enhances the company's market influence. SharpLink also announced that it has earned 2,318 ETH staking rewards since the beginning of June. The company's ETH concentration has increased by 97 percent to 3.94, while more than $71.6 million in cash reserves have yet to be released.
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2 Sep 2025
Two DeFi Protocols Hacked: $35 Million Stolen, Token Prices Crashed
The decentralized finance (DeFi) ecosystem was shaken by two consecutive attacks on September 2nd. Venus Protocol, which operates on the BNB Chain, lost approximately $27 million, while Bunni, an Ethereum-based decentralized exchange, lost $8.4 million, according to updated data.Venus Protocol Loss $27 MillionAccording to on-chain analysis, the attackers updated Venus Protocol's Core Pool Comptroller contract to a malicious address. This transferred the protocol's tokens, such as vUSDC and vETH, to the attacker-controlled address. The stolen funds are currently sitting in the attacker's wallet and have not yet been converted into other assets. Security teams are closely monitoring the movement of the funds. No official statement has been released by the protocol team or the community.Venus Protocol is one of BNB Chain's largest money markets, where users can earn interest by depositing stablecoins and major crypto assets and obtain loans against collateral. Its native token, XVS, plays a role in governance and incentives. Following the attack, the XVS price fell to $6, losing over 5% on a daily basis.Bunni suffered an $8.4 million hackThe second attack of the day targeted the Ethereum-based decentralized exchange Bunni. While initial reports indicated a loss of $2.3 million, later updated data indicated that the total loss reached $8.4 million.The attacker exploited a vulnerability in Bunni's liquidity distribution function (LDF) to manipulate contract calculations. This method resulted in excessive withdrawals from the protocol, bringing the funds under the attacker's control. The withdrawn assets were reportedly moved between the Ethereum and Unichain networks.Following the incident, the Bunni team announced that it had halted all smart contracts as a security precaution. Following the attack, the Bunni token price plummeted, losing more than 30% of its value to $0.0015. We can summarize the current situation as follows:ProtocolLoss AmountAttack MethodCurrent StatusVenus Protocol$27 millionComptroller contract updateFunds in attacker wallet, no official statementBunni$8.4 millionError in liquidity distribution functionSmart contracts suspended, investigation ongoing
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2 Sep 2025
Burn Proposal for WLFI, Which Has Declined After Launch
World Liberty Financial (WLFI), a globally recognized DeFi company, has presented a significant proposal aimed at making its ecosystem more attractive to long-term investors. According to the company's new plan, WLFI tokens will be repurchased from the market and permanently burned using all fees earned from liquidity positions held by the protocol.Aimed to incentivize long-term investorsThe proposal emphasized that the program "removes from circulation tokens held by investors who are not committed to WLFI's long-term growth, thereby increasing the relative weight of long-term supporters." The goal is to weed out short-term speculators and place investors who trust the project in a stronger position. Under the plan, WLFI will be burned from the market using fees generated from the protocol's liquidity pools on the Ethereum, Binance Smart Chain, and Solana networks. The collected tokens will then be sent to a special address called a "burn address" and removed from circulation. However, fees from the community or third-party liquidity providers will not be included in this program. How will the voting process proceed?The World Liberty Financial team announced that all burn transactions will be recorded on-chain and transparently shared with the community. Community members are also being presented with a three-option vote:Divert all protocol revenue to a buyback and burn program,Continue to retain revenue in the treasury, orRemain neutral.The voting and implementation schedule has not yet been announced, but initial reactions appear largely positive. If the plan is approved, the company plans to expand the program to include additional revenue sources in the future.WLFI Price DropsWorld Liberty Financial's native token, WLFI, began trading on major exchanges recently. Launching at $0.32, the token quickly fell 34% to $0.21. As of this writing, the price is hovering around $0.24.Despite this, the token's trading volume has reached remarkable levels. According to market data, WLFI's trading volume has surpassed $2.5 billion on major exchanges like Binance, Coinbase, and Upbit. Currently, 27.35 billion units of the token, with a total supply of 100 billion, are in circulation.An interesting detail is that pre-sale investors are still making significant profits. These investors purchased the token for just $0.015. For example, according to blockchain analysis firm Bubblemaps, Tron founder Justin Sun's WLFI holdings have still increased in value by approximately tenfold.World Liberty Financial, founded in 2024, stands out for both its DeFi solutions and stablecoin initiatives. Publicly supported by US President Donald Trump and his family, the company quickly garnered significant attention. USD1, the dollar-backed stablecoin the company launched, is currently the sixth-largest stablecoin with a market capitalization of $2.6 billion.
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2 Sep 2025
ETH Comment and Price Analysis - September 1, 2025
ETH/USDT Technical AnalysisWhen we analyze Ethereum, we can see a clear falling wedge pattern. This pattern generally ends up with an upward breakout; therefore, we should be watching it closely. Düşen Kama Formasyonu The current price is $4,368, moving near the middle line of the wedge. The first support is at $4,233. If the price falls below this, the next support is $4,150. Staying above these levels keeps the pattern valid.On the upside, the first resistances are $4,381 and $4,486. If the price stays above $4,486, the next targets are $4,593 and $4,632.The height of the wedge is about $800–$900. If Ethereum breaks up strongly, the price could surge to around $5,000–$5,200.In summary, Ethereum is squeezed inside a falling wedge. Watch the $4,233–$4,150 area for support and $4,486 for a breakout. The breakout direction may cause strong moves in the coming days.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. Moreover, it is highly recommended to use stop loss (SL) during trades.
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1 Sep 2025
SUI Comment and Price Analysis - September 1, 2025
SUI/USDT Technical OutlookThe SUI chart shows a clear falling wedge pattern. This pattern often leads to an upward breakout because the price is getting squeezed with lower highs and higher lows. As the price moves inside the narrowing range, a breakout is likely soon. Falling Wedge Formation SUI is currently $3.23, close to the lower line of the wedge. The first important support is at $3.19. If the price stays above this, the outlook is positive. Below it, watch for strong supports at $2.95, $2.87, and $2.63.On the upside, the first resistance is around $3.45–$3.55. If the price goes above this, it may rise quickly to $3.80 and $4.00. The technical target of the pattern is around $4.30.In short, the falling wedge on SUI is still active. As long as the price stays above $3.19, the pattern is valid. If it breaks up, targets are $3.80–$4.00 first, then $4.30. If support is lost, the price may drop to $2.95–$2.63.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. Moreover, it is highly recommended to use stop loss (SL) during trades.
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1 Sep 2025
WLD Comment and Price Analysis - September 1, 2025
WLD/USDT Technical AnalysisThe WLD chart shows a descending triangle pattern. The price is moving in a tight range with lower highs and higher lows. These patterns usually end with a strong breakout.The current price is $0.88, trading close to the lower band of the triangle. The $0.85 level is a key support. If this level holds, the pattern stays valid. If it breaks, the next supports are at $0.81, $0.71, and $0.64.On the upside, the first resistance is at $0.97 – $1.00. The main decision zone is $1.10 – $1.15, which overlaps with the triangle’s upper band. A breakout above this level, with strong volume, could confirm the bullish scenario and target $1.28 – $1.35, and later $1.60. Narrowing Triangle Structure SummaryThe triangle pattern is active and close to its final stage.$0.85 is the critical support. Below that: $0.81 → $0.71 → $0.64.First resistance: $0.97 – $1.00. Main decision zone: $1.10 – $1.15.Break above the upper band could lead to $1.28 – $1.35 and then $1.60.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. Moreover, it is highly recommended to use stop loss (SL) during trades.
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1 Sep 2025
ZRO Comment and Price Analysis - September 1, 2025
ZRO Technical OutlookZRO is still trading inside a wide horizontal channel. ZRO is currently at $1.87, touching the lower border of a triangle-like consolidation pattern. Holding this area is critical to keep the structure positive.In the short term, staying above $1.87 could trigger another upward move. The first resistance is at $2.08. If this level breaks, the next targets are in the $2.58 – $2.76 range. The upper border of the channel at $3.35 stands as the major resistance. A breakout above this level would confirm a larger bullish structure.On the downside, if the price falls below $1.87, the first key support is $1.65. A close under this level could open the way for deeper pullbacks toward $1.46 and $1.33. Range Area SummaryPrice is holding above the critical $1.87 support.First resistance: $2.08.Next resistances: $2.58 – $2.76.Major resistance: $3.35 (breakout could spark strong upside).Supports to watch: $1.87, $1.65, $1.46, $1.33.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. Moreover, it is highly recommended to use stop loss (SL) during trades.
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1 Sep 2025