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PNUT Comments and Price Analysis 21 June 2025
PNUT Technical AnalysisA falling wedge formation, also visible in the daily time frame, is more clearly seen on PNUT 4-hour chart. PNUT is currently trading between $0.2192 - $0.2306, which is a very critical horizontal zone. Falling Wedge Formation The price of the coin has tested the upper trend of the formation three times so far. It is highly probable that we will see an upward breakout of the price when there occurs a fourth-time trend test. And this is the target of the clearly seen falling wedge formation on the chart. In case the price goes down below the level of $0.219, our targets would be first $0.20 and then $0.195, which also acts as trend support level. However, if the price breaks out of the falling wedge upward, our possible targets will be $0.266, $0.307, and $0.360 respectively.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 transactions.
EDU Comments and Price Analysis 20 June 2025
Open Campus (EDU) Technical AnalysisLooking at the EDU chart, we can see that the price has tested the lower band of the uptrend around $0.128, also the golden ratio support, which is a major Fibonacci support. This support zone has previously worked as buyers have been strong. EDU Ascending Channel Formation Price reactions are usually very strong in such structures. Upon studying the chart, it can be stated that possible upward reactions from here could take the price to the first resistance level of $0.1498.The market structure could turn to positive in lower time frames if we see closings above the level of $0.1498, and if this price level is exceeded, then it can go up to the price range of $0.17–$0.18. In case the price closes above this price range, we may get confirmation for a positive pattern and the price wants to go towards the upper band of the trend.We will lose two strong support levels if the price breaks down. We may start to speak of the price range of $0.1150–$0.1040 in case both the trend structure breaks down and the golden ratio support gets lost. If the price stays below this price zone, then the current descending pattern receives confirmation, which will probably cause increasing sell pressure. We should be following the previous liquidity area of $0.1000–$0.0960 below this level.In summary, EDU is currently stuck between a ‘reversal from support’ and a ‘trend breakout’ scenario. We could say that what will determine the certain direction of the coin price might be the price movements happening around this support level 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, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during the transactions.
ID Comment and Price Analysis 20 June 2025
Space ID (ID) Technical Analysis – Latest Outlook Before Unlock$11.13 million (approximately 16.8% of the current market cap value) ID will be unlocked on Sunday, June 22nd. Find below a detailed technical analysis of ID coin in the eve of token unlock.Looking at the daily chart of ID, one can clearly see that the price of ID has been trading within a descending channel for some time since February. The price has tested the upper band of this channel a few times; yet, it has failed to hold on to this level, which has caused the negative pattern to continue. The price is currently trading at the lower band of the channel, around the $0.155–$0.150 support area. Falling Channel Structure As clearly seen on the chart, the price has again tested the red area, which has worked as a support zone that has left liquidity. We have two scenarios within this support area, the first of which is that the price may form a double-bottom and then move from the middle band of the trend towards the upper band of it. According to the second scenario, which is not positive, the price gets the liquidity and then it may break down towards the lower band of the descending channel as buyers cannot hold.To summarize, a possible strong reaction from the lower band of the descending channel could take the price to resistance levels and then maybe towards a breakout as the sell pressure on the resistance levels has decreased. Due to the weakness of the pattern here, the price could go down in search of a new bottom, where the level $0.13 appears as the lower band of the trend. Below the red area, we could see a reaction here. In case of a breakout of the price upwards, the strongest resistance zone would be the $0.2034–$0.2114 range, as this area is both the upper band of the trend and a strong Fibonacci resistance area.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 transactions.
US-Based Company Invests $10 Million in SOL, XRP, SUI, TAO and HYPE
Everything Blockchain Inc. (EBZT), a publicly traded company based in the US, has announced a new investment plan that is drawing attention in the cryptocurrency market. The company plans to allocate a total of $10 million in capital to five different fast-growing blockchain networks, including Solana (SOL), Ripple (XRP), Sui (SUI), Bittensor (TAO), and Hyperliquid (HYPE). This move makes the company the first publicly traded US capital structure to focus on altcoins other than Ethereum before traditional investors.“While Bitcoin makes headlines, the real money is flowing into blockchain networks that are building the financial infrastructure of tomorrow,” said the company’s CEO Arthur Rozenberg, emphasizing the importance of these investments. According to the statement, Everything Blockchain’s goal is to gain an advantage by entering blockchain projects that are expected to attract great interest from institutional investors in the future.The first public divident model is on the wayEBZT’s plan is not limited to investing in these projects alone. The company aims to be the first to share the rewards it will obtain from the tokens it stakes directly with its shareholders: To be the first company to distribute crypto dividends in public markets. According to the statement, it is expected to generate approximately $1 million in annual income from staking activities, and a significant portion of this income can be distributed to investors as dividends.This strategy also sets EBZT apart from its competitors in the sector. For example, there are some companies that stand out with their investments focused on Solana:SolStrategiesJanoverAlthough these companies have raised millions of dollars in funds, none of them have a multi-token staking and dividend sharing model.Nasdaq target and roadmap for institutional capitalAs part of this strategy, the company has also initiated the process of listing on the Nasdaq exchange. The transition to Nasdaq could make it easier for EBZT to open up to institutional investors, making it one of the first major examples of institutional "treasury management" in the crypto market. According to an analysis published by Messari, the $36 billion annual staking market is still largely limited to private investors, and public companies entering the field offers a large window of opportunity. EBZT aims to take the lead in this market and maximize its "first-mover advantage". The company's low share offering (small float) and offering returns on multiple crypto assets make it an attractive alternative, especially for individual investors. While Wall Street has not yet fully entered this field, EBZT is acting with the logic of "early comer wins" by filling this gap. Although the statements are promising, EBZT's future success will depend on factors such as volatility in crypto markets, regulatory risks, and technical features.
What is Arkham (ARKM)?
Things change very fast in the cryptocurrency world: A coin that was unknown yesterday can be the darling of the market today. But one fact remains constant: Knowledge is power. And this is where Arkham comes into the picture. So, what is Arkham? To put it simply: Arkham is a blockchain intelligence platform that collects and analyzes all data on the blockchain.In other words, Arkham analyzes information such as who is in which wallet, how much coins they hold, what transactions they make, etc. with artificial intelligence and advanced algorithms. In doing so, it only uses public blockchain data - and it's important to note that it doesn't access anyone's private information or passwords. So what is Arkm coin? It's the native token at the heart of the Arkham ecosystem. The platform uses ARKM for rewards, information exchange, governance, etc. Everyone who uses Arkham, whether they open a bounty or provide information, these transactions take place through ARKM.You can think of Arkham like this: There's an “open ledger” on the blockchain that everyone can see, but the writing is very messy. Arkham opens that ledger, organizes it, makes it clear for everyone who is who, where money went and where it went. Here is a guide where you can find many details about Arkham...Definition and Origin of ArkhamBlockchain technology is a system where data is recorded in a transparent and unalterable way, without the need for a central authority. Each transaction is sorted into blocks and verified by the entire network. These blocks are chained together - that's why it's called “blockchain”, or “blockchain”. Each block references the data of the previous block, and this structure secures the history of the system. Anyone can see all transactions on the blockchain at any time, which is why blockchain is inherently transparent. However, since this data is mostly in the form of wallet addresses and technical details, on the surface, it is not easy to understand who did what. This is where Arkham comes in. The process and mechanics of analyzing Arkham. Source: CoinGecko To describe Arkham in one sentence: An on-chain analytics platform powered by artificial intelligence.There are transactions on the blockchain that everyone can see, yes, but most of the time that data is messy, raw and open to interpretation. Arkham makes sense of that giant pile of data. Its most notable feature is its wallet address matching technology. Arkham analyzes wallets that have gone through KYC (Know Your Customer) processes and associates them with real people or institutions. For example: When a user who has done KYC on Binance sends money to a wallet, Arkham can detect it and mark it as “This wallet belongs to person X”. This is the biggest difference between Arkham and traditional on-chain tracking tools.When is Arkham released?Arkham was officially launched in 2023. Especially with the Arkham token launchpad process, it offered the ARKM token to the public on Binance in July 2023. In this way, it reached a wider user base. With an initial price of $0.05, ARKM attracted serious interest immediately after the launch.Meanwhile, the “Intel-to-Earn” model was introduced. So what does this mean? Unlike classic play-to-earn or learn-to-earn models, here users earn money by collecting information on the chain and selling it. So when you research and provide information about a wallet, you earn ARKM tokens in return. There is also an Intel Exchange on Arkham for this - more on that in a moment. All in all, Arkham has not only opened a new door in the world of blockchain analytics, but also created a whole new economic model that incentivizes data sharing: Arkham intel to earn. Visualization of Arkham's intel-to-earn structure. Source: Arkham whitepaper' Arkham's History: Key MilestonesArkham's story began at a time when the concept of “privacy” was being hotly debated in the crypto world.Let's take a step-by-step look at how this project got to this point.2022 - Project development phase: Arkham first came to public attention in 2022.It hadn't been fully launched yet, but the word on the street was that Arkham was working on on-chain data analytics. It first started with a limited beta version analyzing wallets on the Ethereum network. At the time, Arkham was only thought of as “tracking addresses on Ethereum”; no one even imagined a later innovation like arkham intel exchange.July 2023 - ARKM token sale on Binance Launchpad: In 2023, the big moment arrived: In July 2023, Arkham went public on the Binance Launchpad platform through the Srkham token launchpad process. The process on Binance was as follows:ARKM starting price: 0.05 USD5% of total supply sold (50 million ARKM)In just a few minutes, all tokens were sold.With this success, Arkham gained serious capital and community support. As soon as it was listed on Binance, the price skyrocketed by over 500%. After this process, searches such as “what is Arkham” and “what is Arkm coin” peaked on Google Trends.Mid-2023 - Intel Exchange Launch: After the Launchpad success, the Arkham team drops another bombshell: Intel Exchange! So, what is Arkham Intel Exchange? Here, anyone can request information about any wallet. For example, questions such as “Which company does this wallet belong to?” or “Which exchange wallet is this address associated with?” are opened as a bounty. The person who provides accurate and provable information wins the bounty as ARKM. Thus, on-chain data sharing has turned into a serious revenue model. At this stage, the concept of intel to earn started to be heard in the market. Screenshot of Arkham Intel Exchange 2024 - Arkham Perpetuals Exchange launch: In late 2024, Arkham Intelligence announces the launch of its own exchange focused on derivatives. The newly launched perpetual exchange is integrated with Arkham's strong research infrastructure and offers live on-chain audits and proof-of-reserve systems. “Perpetual exchange” refers to an exchange that offers perpetual futures.Normally futures contracts carry a specific expiry date, meaning that the transaction closes on a certain date. Perpetual futures, on the other hand, operate without an expiry date - meaning you can theoretically carry your open position for as long as you want, be it days or months. While investors in the US can't take advantage of this exchange due to regulatory uncertainty and legal risks, Arkham's move has attracted attention in many other countries.2024 - Web3 partnerships and major investor interest: 2024 was a year of growth for Arkham. Arkham started integrating with many new blockchains. Some of them were Sui Network, Dogecoin network Sonic Labs. Not only that; giant investors from the Web3 world also invested in Arkham. Some of the big investors were Sam Altman (CEO of OpenAI), Tim Draper (Draper Associates) and Joe Lonsdale (co-founder of Palantir). Thanks to this support, Arkham has grown from being just an on-chain analytics platform to a full-fledged crypto intelligence service.Privacy and transparency debates: Of course, such a fast-growing project has not been without controversy. On the one hand, Arkham supporters argued that transparency would prevent fraud and money laundering. On the other, privacy advocates argued that “Blockchain should be anonymous anyway, it's wrong to expose everyone's identity.” In particular, Arkham's tagging of KYC-linked wallets raised concerns of “centralized doxxing” in some quarters. But Arkham always defended himself with the same sentence: “We only analyze public data, we don't interfere with anyone's private information.” This controversy has further magnified Arkham's name and brought the project to the center of the crypto world.Why is Arkham valuable?There are hundreds of on-chain analysis tools on the market. So why does Arkham stand out so much? Let's take a quick bullet point look:One of the first projects to introduce the concept of intelligence in the Web3 worldIn the crypto world, intelligence used to mean only government agencies or private detective companies. But Arkham has completely changed this concept. Thanks to Arkham, anyone can now analyze a wallet's past transactions and even find out who owns it. This has revolutionized the way we track fraud, hacking, and black money. Anyone can see the entire on-chain history of an address with a few simple searches.Data-driven revenue model with “Intel Exchange”Arkham's Intel Exchange is an industry first. Users earn ARKM by searching and selling information on the chain. In other words, both those who need data and those who do research earn money. This model has opened up a whole new revenue stream, especially for users with a research mindset. In the world of Web3 transparency, such an “information economy” model did not exist before.Powerful tools and graphical analysis for on-chain transparencyArkham doesn't just present raw data. It makes it understandable with powerful graphs and analysis tools. Entity Pages shows the portfolios of real people and institutions. Network Visualizer provides money flow maps between wallets. Alerts allows you to receive notifications when large transactions occur at specific addresses. So these tools are invaluable, especially for traders who want web3 transparency.Developer APIs and wallet address matchingArkham offers comprehensive API services not only for end users but also for developers. By integrating the Arkham API, projects can perform on-chain analysis directly in their own systems. Wallet address matching algorithms help projects better understand the movement of their users on the blockchain. Therefore, Arkham is not only an analytics tool, but also a “data infrastructure” for developers.ARKM token and its wide usageWhen we look at Arkham's value, we can't not mention the ARKM token and its functions. The Zra ARKM token is at the center of the platform. Here's what the coin offers:Staking: Users can earn extra rewards by staking ARKM.Bounty participation: ARKM can be used to create bounty or offer information on Intel Exchange.Governance: The Arkham community can have a say in future updates and decision-making by voting.ARKM also has a limited total supply: the Arkm token supply is fixed at a total of 1 billion units. This is a factor that could support the price in the long run in terms of supply-demand dynamics.Arkham (ARKM) is trading at approximately $0.59 as of April 2025. The last 24-hour trading volume is just over $82 million. This shows that ARKM is still actively traded and has some liquidity. Although the total supply is 1 billion ARKM, the amount currently in circulation is around 225 million tokens. In other words, a little less than a quarter of the total supply is actively circulating in the market. This could be an important factor for ARKM in terms of supply-demand balance in the long run. ARKM coin price chart since launch Arkham hit an all-time high in March 2024, reaching an impressive price of $3.99. Although the current price has fallen nearly 85% from that peak, it has been showing signs of recovery in recent days.Who is the Founder of Arkham?So, who is the founder of Arkham? Behind every great project there is a visionary leader. The name behind Arkham is an experienced entrepreneur who knows the industry well: Miguel Morel. Miguel Morel is no stranger to the world of cryptocurrency and blockchain. He was previously involved in the Reserve Protocol project. Reserve is known as a project working on stablecoins and financial access. Morel believed this when he founded Arkham: “Blockchain technology is public, but it's so complex that it's not truly transparent. We want to change that.” Arkham founder Miguel Morel In short, he wanted to remove the “invisibility” of blockchain and provide equal data access for everyone.He built his team to make this possible with Arkham's AI-powered analytics. But Arkham is not just about Morel. We can make the following notes about the team:Most of the team is made up of former blockchain analysts, data scientists and cybersecurity experts.The technical team is highly competent in both on-chain data collection and building AI-powered analysis systems.The project is based in the United States, but there are also global members of the team working remotely.Furthermore, Arkham always emphasizes: “We want transparency, but we don't interfere with private data or users' personal information.” That's why they only analyze publicly available chain data. So, the aim is not to make a malicious “disclosure” but to ensure that everyone has equal access to information.Frequently Asked Questions (FAQ)As projects like Arkham (ARKM) grow rapidly in the crypto world, many questions naturally arise. Below, we have compiled the most curious questions and simple answers about Arkham.What is Arkham and how does it work? Arkham is a blockchain intelligence platform. It collects all public transactions on the blockchain and analyzes them with advanced artificial intelligence. It processes raw data to associate wallet addresses with real people or organizations, analyze past transaction histories and provide detailed reports. This allows users to analyze the complex mass of data on the blockchain in a clearer and more understandable way.What does the ARKM token do? The ARKM token is at the center of everything on the Arkham platform. Information sharing, rewarding, bounty opening and governance processes on the platform are all done with ARKM. Users can also earn passive income by staking ARKM tokens. Transactions and in-platform rewards on Intel Exchange are managed entirely through ARKM.What is Arkham Intel Exchange: Intel Exchange is a revolutionary marketplace where Arkham users can exchange information on on-chain data. Users who want information about a wallet address or transaction can open a bounty, and researchers can participate by providing information. Those who provide accurate and verifiable information win an ARKM bounty. This system facilitates access to information and creates a new data-driven revenue model. Intel Exchange promotes transparency and community engagement in on-chain analytics.Is Arkham violating privacy? No, Arkham does not access anyone's private data and does not violate privacy. It only analyzes and makes sense of publicly accessible data on the blockchain. There is no direct interference with personal information or passwords. However, some users consider the pairing of anonymous wallets with identities as a “loss of anonymity”. For this reason, Arkham is sometimes criticized by privacy advocates, but the platform always emphasizes that it only analyzes publicly available data.Where to buy ARKM: The ARKM token is traded on the world's leading major cryptocurrency exchanges, including Binance, Bybit, Coinbase, Upbit, OKX and Bitget. It is also possible to trade ARKM on decentralized exchanges (DEX) such as Uniswap. Direct participation is also possible through trading on Arkham's own platform. Thanks to this wide reach, investors can easily access the ARKM token using the platform of their choice.Which network does Arkham work on? ARKM runs on the Ethereum network in accordance with the ERC-20 token standard. All token transactions are carried out directly on the Ethereum blockchain, so security and transaction confirmations are ensured by the Ethereum infrastructure. On the analytics side, the Arkham platform also collects data from different networks such as Sui, Dogecoin, Sonic and offers multi-network support. However, the ARKM token itself only operates on the Ethereum network.Don't forget to follow our JR Kripto Guide series to learn more about Arkham and on-chain intelligence tools!
$300 Million “Bribe” from TikTok with Trump Coin: Controversial Claim from Congressman
The debate over President Donald Trump’s meme coin in the US has now turned into an accusation of “bribery” linked to TikTok’s Chinese owners. Congressman Brad Sherman (D-CA-32) claimed that TikTok’s Chinese owners made a $300 million purchase from Trump’s “TRUMP” meme coin, which provided Trump with direct financial gain. According to Sherman, this was “a direct $300 million bribe given to Trump.”However, TikTok responded strongly to these accusations. In a statement made on social media platform X (formerly Twitter), Sherman’s claims were described as “patently false and irresponsible.” The company also stated that even a letter Sherman signed last month was incorrectly referenced. TikTok ban and extensionsAt the center of this debate is the TikTok ban, which has been on the agenda for a long time in the US. TikTok, owned by China-based ByteDance, is a company that must be sold under US law. However, President Trump has postponed the ban on the platform for the second time this year for 90 days.Brad Sherman argues that this second postponement is illegal. According to the current regulation, only one postponement can be made for a maximum of 90 days. Sherman claims that Trump's second postponement is due to "bribery" transactions made by TikTok's owners using the TRUMP coin.GD Culture Group and questionable connectionsAlthough Sherman's name is not directly mentioned in his accusation, the center of the discussions is a small tech company called GD Culture Group. According to the New York Times, this company, which has a subsidiary based in China, has only eight employees and did not report any income in 2024. However, Trump announced that he will invest $300 million in the TRUMP meme coin.GD Culture Group opened an account on TikTok in August 2024 and began sharing AI-powered news content. However, the account currently has only 123 followers and its most popular video has only 533 views. The company's activities include content production, talent agency services, and social media marketing. Although it has no direct connection to ByteDance, it is clear that its activities are almost entirely based on TikTok.Trump Coin debates deepenThe meme coin called TRUMP has sparked many debates in US politics since its launch in January 2025. Senator Elizabeth Warren and Representative Jake Auchincloss, known for their anti-crypto stance, have called for an investigation, stating that this coin could open the door to possible foreign interference and conflicts of interest.At a private dinner held in April, 220 of the largest investors in the TRUMP coin were invited. A privileged "VIP reception" was also held for the first 25 investors at the event. This has sparked discussions about “buying access to the president through coins.” Some guests at the event expressed surprise at the scale of the protests, while others described the atmosphere as “full of unidentified and untrustworthy individuals.”
What is Avalanche (AVAX)?
Avalanche is a layer-1 blockchain network that stands out with its fast and scalable structure. Developed by the Ava Labs team, the platform launched its mainnet in September 2020. One of the things that makes Avalanche special is its unique Avalanche Consensus Algorithm. This algorithm combines the best of both classical and Nakamoto-style consensus methods, allowing transactions to be finalized in a fraction of a second.Avalanche's main goal is to provide a powerful infrastructure for decentralized applications such as DeFi, NFT and gaming, as well as private blockchains (subnets) where anyone can run their own rules. Thanks to the subnet support it offers to developers, each project can freely design a network according to its needs. To summarize the question of "What is Avalanche coin?" - It is a blockchain innovation that offers speed, flexibility, and developer-specific solutions.In addition to speed and scalability, Avalanche also stands out with its low transaction fees and green approach. Avalanche network, which does not require high energy consumption, has become an attractive option for both individual users and corporate projects with its user-friendly structure.If you are ready, let's explore Avalanche together!Definition and Origin of Avalanche: What is AVAX?What is Avalanche and AVAX? Avalanche is a high-speed and scalable layer-1 blockchain platform. Launched in 2020 by Ava Labs, Avalanche bases its infrastructure on a unique consensus mechanism called “Avalanche Consensus”. This consensus model quickly finalizes transactions by randomly sampling votes from hundreds or even thousands of validators. As a result, Avalanche is able to offer transactions finalized in seconds and a capacity of thousands of transactions per second (TPS). The network's native token, AVAX, plays a critical role in both paying transaction fees and securing the network.Avalanche's design also features a multi-chain architecture that serves different needs. Thanks to this structure, it can run smart contracts on the Ethereum-compatible C-Chain, while the X-Chain is used for asset transfers and the P-Chain is used for validator management and Subnet infrastructure. In this way, Avalanche can work both as an Ethereum-compatible chain and allow users to build their own independent networks. In particular, the Avalanche subnet structure allows different projects to create their own private blockchains, making Avalanche one step ahead of other networks.We can examine this powerful infrastructure of Avalanche in more detail as follows:Avalanche: A high-speed, scalable Layer-1 blockchain with transactions finalized in seconds and a capacity of thousands of TPS.Launch: The Avalanche platform was developed by Ava Labs and launched in 2020. After a successful public sale, the Avalanche mainnet went live on September 20, 2020.Consensus algorithm: Avalanche works with the self-developed Avalanche Consensus. This model combines the best aspects of classical and Nakamoto-style consensus; validators vote for each other in small randomized groups, ensuring fast, secure finality.AVAX token: AVAX can be used as a means of payment for all transactions on the Avalanche network, as well as for staking transactions that support the security of the network. As of 2025, the AVAX coin price fluctuates depending on general market movements. However, AVAX is one of the most traded assets in the crypto market - ranking 13th by market capitalization. While the Avax coin price is 85 percent below the record $146 it hit 3 years ago, it is 680 percent above the all-time high of $2.79 in 2020. As of April 2025, it is trading at $21. AVAX price chart since launch Objective: Avalanche's main goal is to provide developers and projects with fast, low-cost, customizable blockchain solutions for decentralized applications (DeFi, NFT, gaming, etc.) and enterprise systems. In particular, thanks to the Subnet structure, users can create private blockchains by setting their own rules. In short, the Avalanche infrastructure offers technical flexibility to developers and enables users to perform fast, reliable and low-cost transactions. This puts it in a different position among Layer-1 solutions.Avalanche's History: Key MilestonesWhen the history of Avalanche coin analyzed - the project, which started at the idea stage in 2018, officially stepped into the crypto world with its main network in 2020. Thus, we also answer the question “When did Avax come out?”. If we give the exact date, Avalanche's main network (avalanche mainnet) officially went live on September 21, 2020. This date is seen as an important milestone in blockchain history. Overall, Avalanche's journey has been focused on research and development. Here are the milestones that stand out:In 2018, Ava Labs entered the market: Ava Labs was founded in 2018. The foundations of Avalanche were laid by Prof. Emin Gün Sirer, a distributed systems expert at Cornell University, and his colleagues. Theoretically new consensus protocols were developed and designed.AVAX tokens debuted in 2020: AVAX token sale and mainnet launch took place in 2020. In July 2020, Avalanche's first public token sale attracted more than $42 million. Then, on September 20, 2020, the Avalanche mainnet was successfully launched. This opened the world to a blockchain that could confirm transactions in less than a second.In 2021, the Avalanche Rush DeFi incentive program made its mark on the market: The Avalanche Rush program started in 2021. In August 2021, the Avalanche Foundation announced the Avalanche Rush incentive program, which brought major DeFi protocols such as Aave and Curve to Avalanche and allocated $180 million AVAX. This campaign brought significant volume and liquidity to the Avalanche ecosystem.Major partnership with Amazon in 2022: Blockchain integrations and infrastructure expansion accelerated from 2022. First, in June 2022, Avalanche added bridge support for Bitcoin and started moving BTC to the Avalanche network. This allowed users to utilize their Bitcoin on Avalanche DeFi protocols. Also, at the end of 2022, Ava Labs started to announce preparations to step into close cooperation with Amazon Web Services (AWS).In 2023-2024, the Subnet structure and collaborations expanded: During this period, Avalanche saw a number of new collaborations. E-sports giant TSM and gaming platform Loco announced that they will establish their own private subnet on Avalanche. Tencent Cloud, one of the world's largest infrastructure providers, announced that they will power their Web3 projects with Avalanche. Shopify store owners can now sell NFTs through Avalanche; Avalanche-based NFTs can be easily listed with solutions such as Venly. In summary, Avalanche continued to grow with major projects in gaming, NFT, finance and enterprise. Avalanche also launched its staking process in 2024. For those who wonder what AVAX staking is; It means both contributing to the security of the network and earning passive income by locking AVAX tokens to network validators or their own validator nodes. Rewards can be earned according to the amount of AVAX staked.2025 - What are the latest developments? Infrastructural improvements accelerated in the Avalanche ecosystem. The AvalancheGo Etna upgrade will bring new flexibilities for those who want to build their own chain (L1). For example, this upgrade removes the 2,000 AVAX requirement to become an L1 validator. Also in 2024, agencies such as the California DMV implemented private blockchains on Avalanche, moving the vehicle records of 39 million people to the blockchain. In other words, technological updates throughout Avalanche's development process have made the network both more accessible and more secure. In particular, the maturation of the Subnet system paves the way for Avalanche to create more institutional use cases in the future.Why is Avalanche valuable?Avalanche has gained an important place in the crypto world with its technological innovations and wide range of uses. AVAX coin purpose is to provide developers with a fast, flexible and cost-effective infrastructure and make blockchain-based projects run more efficiently. So what makes Avalanche so special and valuable? Let's take a look together:High processing speed: Thanks to its unique consensus mechanism running in parallel, Avalanche can easily process thousands of transactions per second. Theoretically, it is said to reach 4,500 TPS levels. This makes it one of the fastest blockchains in the industry, able to run without bottlenecks even during periods of peak demand. In the table below, you can see the 2025 TPS data of Avalanche and other blockchains:Blockchain NetworkReal-Time TPSTheoretical Max TPSAverage Transaction TimeSolana~1,156 TPS65,000 TPS~0.4 secondsAvalanche~4,500 TPS6,500 TPS~1–2 secondsEthereum~20 TPS2,000 TPS*~12 secondsBNB Chain~58 TPS100,000,000 TPS†~3 secondsLow transaction fees: Avalanche's efficient structure and Subnet architecture reduces both network congestion and energy consumption. As a result, users pay very low fees for transactions. So even with heavy traffic, there are no wallet-burning gas fees.Flexibility with subnet infrastructure: Avalanche offers the possibility to create application-specific chains, i.e. Subnets. In this way, developers can create custom chains according to the rules and needs they want. For example, it is possible to create a chain focused on low fees for a game, and another chain prioritizing security for a financial application. Moreover, this modular structure prevents the density of the network from affecting each other. Avalanche's subnet infrastructure. Source: Avax.network Ethereum compatibility (EVM support): Avalanche's main network, called C-Chain, is fully compatible with the Ethereum Virtual Machine (EVM). This means that smart contracts developed on Ethereum can be used on Avalanche with almost no modifications. Moreover, Avalanche's consensus model offers lower latency and higher transaction efficiency compared to Ethereum's Proof of Stake mechanism.Large and active ecosystem: The Avalanche network hosts a rich ecosystem of fast-growing projects. As of 2024, more than 500 applications were running on Avalanche. From DeFi to NFT, gaming projects to financial services, there is a vibrant activity in many areas. For example, major DeFi protocols such as Aave and Curve have integrated into Avalanche. In addition, applications such as BenQi, Trader Joe, Pangolin, known as DeFi AVAX projects in the DeFi space, have grown on Avalanche and gained significant popularity among users. In addition, gaming giants such as TSM, Loco and Kagool preferred to use Avalanche Subnets for their own projects. By 2025, we can say that Avalanche has become not just a network, but a full Web3 ecosystem. Avalanche DeFi ecosystem. Source: Messari Some games in the Avalanche ecosystem. Source: wacy_time1 /X Who is the Founder of Avalanche?It's time to ask, “Who founded Avax?” Behind Avalanche, there is a name that has an important place in the blockchain world: Turkish-born Prof. Emin Gün Sirer. An academic at Cornell University, Sirer is especially known for his work in distributed systems. One of the core ideas of Avalanche is the product of his many years of research. In 2018, Sirer co-founded Ava Labs with Ted Yin and Kevin Sekniqi. This team was the main force that developed and implemented Avalanche's software. Sirer has been interested in blockchain technologies since the early days of Bitcoin. In developing Avalanche, he combined his years of scientific knowledge and the shortcomings he saw in the field to create a much faster, scalable and inclusive system. In his own words, Avalanche's goal was to “tokenize all financial assets in the world and build a fairer financial system”. Emin Gün Sirer at an Avalanche event in 2023. Source: Cointribune The Ava Labs team, led by Prof. Emin Gün Sirer, created a new standard in the blockchain world by developing the Avalanche infrastructure. Developed under the umbrella of Ava Labs, Avalanche was built with a completely science-based approach. The project's code is open-source, so developers around the world can continuously contribute. Sirer and his team focused on two main goals when designing Avalanche:The first was to build the system to be highly scalable.The second is to achieve this speed without sacrificing decentralization.The Avalanche Consensus was developed with the aim of eliminating the high energy consumption of systems like Bitcoin and overcoming some of the limitations of Proof-of-Stake mechanisms. Today, the Avalanche community and the Ava Labs team continue on their path with the vision of creating next-generation blockchain solutions that are both decentralized and high-performance.Frequently Asked Questions (FAQ)We've shared the basics about Avalanche, now let's take a look at some of the most curious questions:What is Avalanche (AVAX), what does it do?: Avalanche is a fast and scalable Layer-1 blockchain network. If you ask what Avax coin does; AVAX tokens are used for in-network transactions, securing the network, and allowing users to earn rewards through staking. As the network's own cryptocurrency, AVAX is also used in transaction fees and different transactions on the network. It provides an infrastructure for decentralized applications and allows developers to build their own chains. In short, Avalanche offers a flexible blockchain experience for both developers and users.Who is the founder of Avalanche? The founder of Avalanche is Prof. Emin Gün Sirer, an academic specializing in distributed systems. Together with Ted Yin and Kevin Sekniqi, Sirer founded Ava Labs in 2018 and launched the Avalanche project. His vision, backed by scientific research, made Avalanche both a fast and decentralized blockchain network. Today, he still plays an active role in Avalanche's growth.How the Avalanche consensus algorithm works? Avalanche's consensus algorithm relies on nodes constantly communicating with small random groups to build consensus. This way, transactions are finalized in a very short time and ensures a high level of consistency across the network. It also combines the best aspects of classical and Nakamoto-style consensus. As a result, it offers a well-balanced structure in terms of both speed and security.How to stake AVAX? To stake your AVAX tokens, you can use a compatible wallet, such as Avalanche's Core wallet. When staking, you can either run your own validator or delegate to an existing validator. Starting at 25 AVAX, you can delegate, while a higher stake was required to become a validator (with new updates, this flexibility is increasing). With staking, you can contribute to network security and earn rewards at the same time.Why is the Avalanche network so fast? The Avalanche network runs extremely fast thanks to its consensus model, which runs in parallel and performs continuous random sampling. Transactions on the network are usually finalized in less than a second. In addition, since load sharing can be done between different chains, there is no serious congestion on the network. This architecture makes Avalanche one of the fastest blockchain networks.What is the difference between Avalanche and Ethereum? Both platforms offer smart contract support, but their architectural approach is quite different. Avalanche offers faster transaction finalization and lower transaction fees compared to Ethereum. Moreover, Avalanche enables the creation of independent blockchains for different use cases with its Subnet infrastructure, while Ethereum tries to scale with Layer-2 solutions. In other words, we can say that Avalanche offers a slightly freer structure in terms of flexibility of use.For more on Avalanche and similar high-performance blockchain projects, follow our JR Kripto Guide series!
What is Dogecoin (DOGE)?
When you think of cryptocurrency, Bitcoin or Ethereum may immediately come to mind. But Dogecoin, which was born from a dog's udder and has reached a market value of billions of dollars over time, is the hero of one of the most colorful stories of this world. So what exactly is Dogecoin? How was this cute Shiba Inu-themed currency born, why has it attracted so much attention and what place does it have in the crypto world today? Let's take a look at Dogecoin's story together.First, let's give a short answer to the question of what is Doge coin: Dogecoin (Doge for short) is a cryptocurrency based on the Shiba Inu dog meme, created in 2013 by computer engineers Billy Markus and Jackson Palmer. (Sometimes spelled “Doge coin”.) So, what is a meme coin? Well, these coins are pop culture-themed joke coins. Dogecoin is the first and most famous example that fits this description. Dogecoin's cute logo was inspired by the Japanese Shiba Inu dog Kabosu. Definition and Emergence of DogecoinDogecoin is, as its name suggests, the product of an internet prank. The cute Shiba Inu dog in its logo, Kabosu, is at the center of this story. Kabosu, who was adopted by a kindergarten teacher in Japan, went viral on the internet and captured the hearts of millions with his humorous expression. Dogecoin was born by bringing the fame of this internet phenomenon to the cryptocurrency world. In other words, Dogecoin is literally a Shiba Inu-themed coin. Iconic Doge meme On the technical side, Dogecoin was not created directly from scratch; it was developed by deriving from the code of Litecoin, Bitcoin's cousin. In other words, Dogecoin started life as a Litecoin fork. This choice gave it significant advantages such as high speed and low transaction fees. On the Doge network, a block is produced in about a minute, and shipping fees are almost non-existent. Also, unlike Bitcoin, Dogecoin uses the Scrypt algorithm. This made it easy to mine in its early days, even with ordinary computer hardware. Of course, another important difference lies in the total supply: Dogecoin's supply is unlimited. With every block production, 10,000 new Doge are released, and over time, the amount of Doge in circulation grows to gigantic proportions.Dogecoin burst onto the scene in late 2013. The answer to the question “When was Dogecoin released?” is December 6, 2013. When it was first released, the initial price of Dogecoin was only around 0.00008547 dollars. It was so cheap that mining Doge with simple graphics cards of the time became an internet sport. While talking about mining, it is also worth mentioning the issue of staking. Because the question “Is there Dogecoin staking?” is very curious. Since Doge is a currency produced by mining (Proof-of-Work), it is not possible to generate passive income by staking. New Doge goes to miners in exchange for block production.The low price and the humorous tone of Dogecoin have made it more popular with users who want to have fun and experience a sense of community than serious crypto investors. In fact, in its first month, Dogecoin's official website attracted more than one million visitors. Thus, Doge, which was born from a joke, quickly turned into a real cryptocurrency phenomenon. Even Jackson Palmer couldn't hide his surprise at this growth; he didn't expect the project, which he initially thought was just a little joke, to grow so much.Dogecoin's History: Key MilestonesWhen we look at Dogecoin's bumpy journey, we can clearly see how an internet joke turned into a giant crypto asset over time. Doge, which nobody took very seriously when it first started, has grown and flourished over the years thanks to the energy and humorous spirit of its community and the impact of social media, which has come into play from time to time. Here is the history of Dogecoin...In 2013, DOGe launched: Dogecoin was officially launched; it started as a dog joke but quickly gained traction. Doge's posts on forums like Reddit and BitcoinTalk went viral, attracting millions of visitors to the site in the first month. In fact, Doge became so popular that it surpassed Bitcoin in daily trading volume within the first two weeks of its launch.Support for the Jamaican Bobsled Team in 2014: The Dogecoin community showed its generosity. 26.5 million Doge (about $30,000) was raised to support the Jamaican Bobsled Team for the Sochi Winter Olympics. In the same year, 40 million Doge was donated for clean water projects in Kenya. Such crypto donation campaigns showed the benevolent side of the Doge community and won hearts online.The years 2015-2020 were characterized by silence: Doge was relatively quiet during this period. It saw some limited movement during the crypto bull run in 2017, but failed to catch up with Bitcoin and other major coins. While the price remained low, the Doge community remained and the Dogecoin culture was not forgotten.In 2021, the Elon Musk storm hit - the price hit a record high: Elon Musk's X (formerly Twitter) posts put Doge on the world's agenda. Thanks to Musk's humorous Dogecoin tweets, the Dogecoin price skyrocketed; on May 8, 2021, DOGE hit an all-time high of $0.73. While everyone was asking, “Why has Dogecoin soared?” they found the answer in Musk's social media outreach. For example, when Musk made a joke about Doge on SNL, the price was quite volatile. Also in 2021, the Dogecoin Foundation was restructured and a roadmap for the future was set. The Dogecoin price has seen major movements since 2021. As you can see in the all-time chart below, the biggest meme coin was very quiet between 2013 and 2021. What happened in 2022-2024: The Doge community continued to grow and Dogecoin slowly began to be adopted as a payment method. An NBA team and various e-commerce sites tested Doge as payment. On social media, for every Elon Musk or celebrity Doge tweet, there was a Dogecoin Twitter effect. On the other hand, the Dogecoin Foundation and its developers worked on projects to make Doge more useful. 2025 was marked by Dogebox, Grayscale Dogecoin Trust and mining growth: So far, 2025 has been a year of serious strides for Dogecoin. The Dogecoin Foundation developed a decentralized payment infrastructure called Dogebox that makes it easy for businesses to get paid directly in Dogecoin. Users are very excited about this Dogecoin payment system. Around the same time, Grayscale launched the Grayscale Dogecoin Trust investment fund, making Dogecoin more accessible to institutional investors. There was also an important merger in the Dogecoin mining space; Z Squared and Coeptis joined forces to expand Dogecoin mining.Why is Dogecoin valuable?At first glance, Dogecoin may seem like an internet joke, but over time, Dogecoin has created its own unique community, use case and cultural value, and has managed to gain a permanent place in the cryptocurrency world. Today, Doge is more than just a fun project; it offers real value thanks to both its technological infrastructure and the strong support behind it. So what sets Dogecoin apart from the others and what makes it so valuable? Let's take a look together:Large community: Doge has a huge and passionate Doge community behind it. People continue to joke about and support Doge on social media. For example, the Doge community is connected through forums, Discord and meme contests. This vibrant community keeps Dogecoin in the spotlight.The Elon Musk effect: Tesla boss Elon Musk's support for Doge is making a big difference. Musk's frequent Doge tweets and even accepting payments with Doge at the Tesla store have increased Doge's recognition. In short, the attention brought by the Dogecoin Elon Musk relationship is driving up the value of Doge. It seems that Musk likes Doge's exuberance and popularity; every Doge tweet he shares excites the community. Some of Elon Musk's DOGE posts. Micropayments and tipping: This coin is ideal for small payments and digital tips thanks to its low fees and fast transactions. For example, it's possible to send a few hundred Doge to creators on Twitch or YouTube with zero commission. In the past, on platforms like Reddit, people used to tip their favorite content by sending Dogecoin (the DogeTipBot era), which turned Doge into a fun reward currency. This kind of usage increases Doge's popularity. It also answers the question, what is Doge coin good for?Fast and cheap transactions: Dogecoin gets transaction confirmation much faster than Bitcoin and has very low commissions. With a single click, your money can be gone in seconds and you don't have to worry about network congestion or fees. This practicality makes Doge the preferred choice for small transactions such as microcredit.Memecoin pioneering and cultural phenomenon: Dogecoin was the first major memecoin, giving birth to others like it. Shiba Inu inspired the launch of new memecoins like Baby Doge. In the crypto world, Doge is often the first answer to the question “what is a meme coin?”. Doge's pioneering has made it not just a crypto coin, but a phenomenon. Doge has also become an internet phenomenon, not just a cryptocurrency. Images of the dog in the logo are on T-shirts, mugs and stickers; slogans like “much wow, very coin” have gone viral on social media.Payment acceptance: Dogecoin's availability is also growing. Some online stores, restaurants and services are accepting Doge payments. The NBA team Dallas Mavericks, for example, offers the option to pay for tickets and merchandise with Doge. In addition, electronics retailer Newegg, airline AirBaltic, travel booking platform Travala.com and luxury fashion brand Gucci have begun accepting Dogecoin payments at select stores. In addition, thanks to platforms such as Bitrefill, users can buy gift cards with Dogecoin and indirectly shop at many big brands. Tesla enables DOGE payments. Famous supporters Dogecoin has also attracted some well-known names outside of Elon Musk. Celebrities such as rock musician Gene Simmons, rapper Snoop Dogg and French soccer player Antoine Griezmann occasionally share Doge. It is also known that Mark Cuban, the billionaire jury member of Shark Tank, openly supports DOGE. Because the Dallas Mavericks, which we mentioned above, is Mark Cuban's team.Who is the Founder of Dogecoin?So, who is the founder of Dogecoin? There are two creative names behind Dogecoin: Billy Markus and Jackson Palmer. Markus was working as a software engineer at IBM at the time, while Palmer was working in marketing at Adobe. The duo wanted to add a bit of humor to the “storm of seriousness” that was blowing through the world of cryptocurrencies at the time. So they launched Dogecoin as a fun project that combined both internet humor culture and crypto technology.Interestingly, Dogecoin was initially a joke project. Palmer saw the Doge meme and thought “how funny would it be if there was a coin”, then Markus took the idea and turned it into serious software. Palmer even announced the official launch of Dogecoin on Twitter, saying it was “just a joke”. But things grew much faster than they expected. In a matter of weeks, Doge went viral on platforms like Reddit and Twitter, people started the Dogecoin community, and miners started supporting the network.In the beginning, everything was humorous, no one fully realized that a serious financial asset was being created. But over time, as Dogecoin grew to multi-million dollar transaction volumes, a huge community and media attention, the pressure on the founders increased. Both the technical responsibilities and the expectations drained Markus and Palmer's energy. In 2015, both founders announced their complete withdrawal from the project. Billy Markus explained Doge's dizzying journey a bit bitterly, saying that he was able to sell his Dogecoins and earn a small enough sum to buy a second-hand Honda Civic.The founders' departure from the scene did not mark the end of Dogecoin, but rather a turning point. Dogecoin became a fully community-owned asset. Code contributions, fundraisers and social media efforts no longer came from a centralized leadership, but from volunteer Doge fans. Dogecoin literally became a decentralized, community-driven project. Today, the community itself is the main force driving Dogecoin's course. It has no CEO, centralized management or company; Dogecoin continues to run on the energy of the community as a fun cryptocurrency.Frequently Asked Questions (FAQ)Below, you can find answers to your questions about Dogecoin, the longest-established and largest meme coin:What is Dogecoin and how did it come to be? Dogecoin is a fun cryptocurrency known as a Shiba Inu-themed meme coin. It was created in 2013 by software engineer Billy Markus and Adobe employee Jackson Palmer as a joke. At first, it was used as a digital tipping tool among users because its value was so low. Over time, it became surprisingly popular, gained a large community, and has continued to evolve while maintaining its “fun and friendly” identity. Who founded Dogecoin? The founders of Dogecoin are Billy Markus and Jackson Palmer. Markus was working at IBM at the time, while Palmer was working at Adobe. The duo launched Doge as a joke project in 2013. After Doge's unexpected success, the duo withdrew from the project and Dogecoin evolved into a fully decentralized community-run structure. Jackson Palmer initially thought Doge was just an experiment, but watched in amazement as the project grew into a serious community.Is Dogecoin suitable for investment? Dogecoin is a high-risk investment. Its price rises and falls frequently depending on social media attention, celebrity mentions and market fluctuations. It can lead to big gains in a very short period of time, but it can also lead to big losses at the same speed. For this reason, it is generally recommended that traders allocate only a small portion of their portfolio to Doge. Remember that Doge is basically a coin based on community enthusiasm and speculation.Why does Elon Musk support Dogecoin? Elon Musk seems to be making fun of Dogecoin, but he's actually a big Doge supporter. Accepting payments with Doge at Tesla and making fun posts on X have raised Doge's profile. It seems that Musk likes the cheerful and popular aspects of Doge; every post he makes brings Doge back to the agenda. In short, Musk is supporting Doge's fun crypto identity and getting the community excited.How to buy and hold Dogecoin? You can use cryptocurrency exchanges such as Binance, Coinbase, Kraken to buy Dogecoin. On these exchanges, you can buy DOGE for TL or other cryptocurrencies. You can use a wallet to store your Doge coins. Software wallets that you can download for both your computer and phone (such as MultiDoge, Trust Wallet, etc.) or hardware wallets such as Ledger/Trezor support Dogecoin. However, do not forget to safely store the seed words given to you when installing the wallet. In addition, Doge is listed on many major crypto exchanges in our country and can be traded in Turkish Lira.Is Dogecoin supply limited? No, the total supply of Dogecoin is unlimited. Unlike Bitcoin, which is limited to 21 million, Doge has no maximum amount. Since 10,000 new Doge are created in every block, the amount of Doge in circulation is constantly increasing. This makes Doge an inflationary cryptocurrency. For example, Doge has an annual inflation rate of around 5%, which is considerably higher than Bitcoin's fixed supply policy. In the long run, not only the supply-demand balance, but also Doge's popularity and use cases affect its value. Explore our JR Kripto Guide series to learn more about Dogecoin and other community-based projects!
SEI Coin Soars: In the Spotlight in Wyoming State
Known as one of the crypto-friendly states in the US, Wyoming is preparing to take a big step in the crypto space. According to the official statement made on June 19, 2025, the state is preparing to launch WYST, a fiat (fiat)-backed stablecoin, in July, which will be the first in the US. This development, along with the evaluation of Sei Network among the blockchain networks that can be used in the WYST project, led to a sudden increase in the price of the SEI token.In the last 24 hours, the SEI price increased by more than 10%, reaching approximately $ 0.20. In the same period, the transaction volume increased by 56.22%, exceeding $ 210 million. This momentum strengthened the reputation of Sei Network among investors.Wyoming's stablecoin move: WYSTThe WYST project, managed by the Wyoming Stable Token Commission, started the testing process in March 2025. In this process, high-performance blockchain networks such as Aptos, Ethereum, Solana, Avalanche and Sei Network were evaluated. Although an official report has not been published yet, it is claimed that Sei outperforms its competitors such as Ethereum and Avalanche in terms of transaction speed (TPS) and transaction time. The project will use the Omnichain Fungible Token (OFT) standard developed by LayerZero Labs. This technology will enable the WYST stablecoin to be interoperable between different blockchain networks. The fact that Sei Network is supported by major investors such as Circle, Delphi Digital, Multicoin Capital and Coinbase seems to have attracted Wyoming's attention. The project, led by Governor Mark Gordon and supported by the Commission's Executive Director Anthony Apollo, is progressing rapidly thanks to the state's crypto-friendly legal infrastructure.Investor confidence in SEI token is increasingAccording to market data, SEI is trading at $0.20 as of June 20, 2025. Although it is still far from its March 2024 peak of $1.14, the recent price increase is notable. SEI is up 13 percent on the back of news from Wyoming. It reached a daily high of $0.213. However, it is still 80 percent below its all-time high of $1.14, which it recorded on March 16, 2024.Overall, the current volume increase indicates a revival of investor interest. SEI’s market cap has surpassed $1 billion, while the total assets locked on the Sei Network has reached $507 million.According to DeFiLlama data, the stablecoin market cap on the platform is $217 million. On-chain activity on the Sei Network has also reached record levels: More than 1.5 million transactions were made in the last 24 hours, and the number of active addresses has increased to 616,000.It has not yet been announced which blockchain will be officially selected for WYST. The fact that strong competitors such as Ethereum and Solana are also on the evaluation list shows that competition is high.
What is Celestia (TIA)?
Celestia is an innovative project that adopts modular blockchain architecture, a new approach in the blockchain and cryptocurrency world. Unlike classic (monolithic) blockchains, Celestia works by separating the execution and consensus layers. This allows the network to allocate tasks such as transaction verification and data availability to different layers, increasing scalability. TIA coin, the native cryptocurrency that powers the Celestia network, is also referred to as Celestia coin. So what is Celestia coin? In short, TIA coin is a token used on the network to pay for transactions, pay for blobspace, and secure the network through staking. Although full of technical details, Celestia's approach can be summarized as “blockchain that focuses on its own business”. Let's look at the details of this project together...Definition and Emergence of CelestiaCelestia is one of the best examples of a modular blockchain. A modular blockchain refers to an architecture in which the core functions of the blockchain are divided into separate layers. In Celestia's case, the consensus and data availability layer is separated from the execution layer where smart contracts run. This allows each layer to focus on its own “area of expertise”, resulting in increased scalability and flexibility. This approach aims to solve the problem of data overload, which is common in blockchains. Clearly, Celestia makes everyone's job easier by “dividing labor”. For example, there are no smart contracts running on the Celestia main network; instead, different projects run their own chains, leveraging Celestia's security and data. This structure makes it possible to specialize in different tasks of the blockchain, just like the specialization of departments in a company.The Celestia project dates back to 2019. Mustafa Al-Bassam, one of the founders of the project, published an academic paper called “LazyLedger” during his PhD studies at the University of London. This paper is known as the work that sowed the first seeds of the modular blockchain concept. In the same year, Al-Bassam found two other co-founders to bring his ideas to life: Ismail Khoffi and John Adler. Although the project was initially called LazyLedger, it was later renamed Celestia. All three founders are blockchain veterans; Al-Bassam has an academic background in scalability and security, while Khoffi worked as an engineer in the Cosmos ecosystem (Tendermint, Interchain Foundation). Adler gained experience as a researcher on the Ethereum side (at ConsenSys). Thus, the Celestia team, which combines different expertise, set out with the vision that “everyone can easily start their own blockchain”. The development of the project was carried out by building on the Cosmos SDK, so Celestia can actually be seen among Cosmos-based projects. Cosmos' Tendermint consensus mechanism is used in a customized way in Celestia (with innovations such as two-dimensional data encryption and Namespaced Merkle Tree). Since its inception, Celestia has caused a stir in the industry as one of the first modular blockchain networks.Celestia's History: Important MilestonesWhen did Celestia launch and how did it grow? The Celestia project started to develop rapidly after the concept and team formation in 2019. Founded in 2019, the project continued its R&D efforts after changing its name from LazyLedger to Celestia. In 2020 and 2021, while infrastructure development continued, the community slowly started to form. Celestia was attracting attention in the industry, especially as its modular architecture concept was seen at the time as a new remedy for blockchain scaling.In 2022, the testnet version started, receiving major investmentThe year 2022 was a period of significant testing for Celestia. In May 2022, the first public testnet, code-named Mamaki, was released. The Mamaki testnet was one of the first to support data availability sampling (DAS), a key feature of Celestia. By testing their applications on Mamaki, developers were able to test the “send and retrieve data” API provided by Celestia. With this testnet, innovative ideas such as interactions between a full node and a light node, and fragmentation and reassembly of block data were successfully tested. Later in the year, Celestia Labs increased its financial strength with a significant investment. In October 2022, a $55 million investment round was completed, led by major investors such as Bain Capital Crypto and Polychain Capital. This gave Celestia both the financial resources and industry support to accelerate mainnet preparations. At the end of 2022, a developer-focused devnet called Arabica and a testnet upgrade called Mocha, which updates the existing testnet, were announced. These testnets were used to experiment with improvements to Celestia's protocol and gather developer feedback. In short, 2022 was a “year of rehearsals” for Celestia.2023: Celestia mainnet launched, airdrop realized2023 was the year the Celestia project matured and opened up to the world. In March 2023, the Celestia team launched an incentivized testnet program called Blockspace Race. In this nine-week long program, close to 1000 participants (validators, light nodes, etc.) completed various tasks and collected points. The Blockspace Race pushed the Celestia network close to full capacity, enabling scalability and resiliency tests. After this successful testing period, the Celestia team was ready to transition to the main network. October 31, 2023 became the Celestia mainnet date. The network was officially launched. With the mainnet launch, the project's native token, TIA, was also introduced to the masses for the first time. Since Celestia is part of the Cosmos ecosystem, with the launch of the mainnet, it became possible to track the Celestia blockchain through Cosmos block explorers such as Mintscan. At the mainnet launch, Celestia conducted an airdrop of 6-7% of the total supply to select testnet participants and early backers. Through this airdrop, community members received TIA tokens and the network's first validators began staking their tokens.From the early days of Mainnet, exchanges started listing the TIA token. Major cryptocurrency exchanges such as Binance, KuCoin, Bybit opened TIA trading in early November 2023, providing liquidity. Post-launch, market interest was so high that the TIA coin price rose significantly from $2 in the first few weeks to $2 in a few months. Especially in early 2024, with the popularization of the modular blockchain narrative, the TIA price reached a historic peak of $20 around February 2024. This period saw Celestia generate a great deal of excitement across the industry. However, due to the nature of crypto markets, such spikes were followed by corrections. By mid-2024, the TIA price had stabilized and hovered in the $3-5 range for the second half of the year. Still, Celestia's total market capitalization exceeded a billion dollars, placing the project in the top 50 most valuable crypto assets. In the chart below, you can see the fluctuations of the TIA price after the mainnet exit: TIA coin price since launch In 2024, the Celestia network continued to grow rapidly, technically and ecosystem-wise. In January 2024, Celestia rolled out its first major protocol update called Lemongrass. This update reduced the block time from 12 seconds to 6 seconds and doubled the network's data processing capacity. The faster block time significantly increased Celestia's transaction (or data) throughput per second. Later that year, another upgrade, codenamed Ginger, continued the scalability improvements. In addition to technical advancements, important steps were also taken on the ecosystem side. Leading platforms such as Polygon announced that they would integrate Celestia into their toolkits for developers. For example, the inclusion of Celestia in Polygon's Chain Development Kit at the end of 2023 was a critical step in the adoption of the modular blockchain concept. Celestia has also made a name for itself by partnering with projects such as StarkWare (StarkWare is known for ZK-rollup solutions such as StarkNet).Integrated projects were launched with Cosmos' CosmWasm, EVM and MoveSince the Celestia mainnet was launched, the number of projects built on it has skyrocketed. In the early months of 2024, it was reported that the number of projects running their own application chains or rollups within the Celestia ecosystem exceeded 20. In total, these independent chains published more than 75 GB of data to Celestia from November 2023 to mid-2024. Projects in the ecosystem include Ethereum-compatible rollups, specialized chains for DeFi applications, gaming-focused blockchains, and various infrastructure protocols. Thanks to Celestia's flexibility, even chains using different smart contract environments such as EVM, Move or CosmWasm can be integrated into Celestia. In other words, a developer can build their own chain in any programming language/environment and entrust their data to Celestia. By the end of 2024, Celestia had gone from strength to strength, both technically and financially. The Celestia Foundation raised an additional $100 million in an additional round of funding around October 2024, bringing the total capital raised to $155 million. This investment was a significant resource that will be used to support Celestia's long-term development plans and grow the ecosystem. Around the same time, some projects in the Cosmos ecosystem began to integrate with Celestia. For example, Stride, an L1 blockchain on a Cosmos network, integrated with Celestia, becoming the first “Rollchain” to send its data to Celestia. Similarly, Noble, a Cosmos-based stablecoin network, has also started using Celestia's data layer. These developments showed that Celestia can support not only its own ecosystem but also other blockchain ecosystems. Throughout 2024, Celestia's staking rate steadily increased; by the end of the year, nearly 60% of the total TIA supply was staked on the network and more than 400,000 accounts had delegated TIA to network validators. So the community was very active in security and participation in governance.2025: What's next?Entering 2025, Celestia was confidently moving forward with the goals on its roadmap. Indeed, in April 2025, the Celestia team announced a new testnet called mamo-1. Mamo-1 is a high-capacity testnet designed to push Celestia's technical limits. In this testnet, the block size was increased to an incredible 128 MB and the network's capacity to process data without permission reached a record high of 21.3 MB/s. By comparison, the Celestia mainnet currently supports a block size of 8 MB (block time ~6 seconds). The experience with Mamo-1 will provide guidance on how to increase the main network block size to a massive 1 GB in the future. Through this test network, Celestia is observing the behavior of the network under high data load and identifying optimizations that may be needed in the protocol. As of 2025, the Celestia development team and community are working. The most prominent issues are to further scale the network, reduce cost and improve the user experience, especially by working on the Celestia TPS value. Why is Celestia valuable?While traditional blockchains aggregate many tasks on a single chain, Celestia takes a different path: it separates and specializes tasks, thus restoring the balance of scalability, security and decentralization. This “divide and conquer” approach offers a whole new blockchain experience for both developers and users. Let's take a look at why Celestia is so valuable.Modular architecture: A “divide and conquer” approachCelestia's biggest difference is that it separates the core functions of blockchain. The consensus layer sorts blocks, while the data availability layer ensures that data is available on the network. The execution layer runs on independent chains outside of Celestia.This structure allows applications to run freely on their own chains without disrupting the performance of the network. Instead of a truck carrying a giant load, we can think of Celestia as a train that distributes the load into wagons: more loads, faster transportation. The modular blockchain process can be visualized as follows: Source: Celestia.org Scalability with Data Availability Sampling (DAS)With Celestia's DAS technology, it is possible to check whether data is available on the network with small samples without downloading the entire data of a block. This method allows lightweight nodes to easily utilize the network. Today, the Celestia network can process thousands of transactions, generating 8 MB blocks every ~6 seconds. This puts it several steps ahead of conventional chains. In addition, security is not compromised with mechanisms such as fraud proofs. DAS system. Source: Celestia.org Flexibility and adaptability: There is a place for everyoneCelestia positions itself as a “data layer” and does not interfere with the technology of the chains running on top of it. Whether it's an optimistic rollup infrastructure, a zk-rollup, a custom application chain... They can all be hosted on Celestia. Especially compared to optimistic rollups running on L1s like Ethereum, Celestia offers a much lower cost alternative. Moreover, the sovereign rollups running here benefit from security and can act freely in their own execution environments. In short, if you are a developer, no matter what language or infrastructure you use, Celestia opens its doors to you.What does the TIA token do? The engine that runs the networkCelestia's native token, TIA, is used both to pay for data publishing fees and for staking. Initially, the total supply of TIA coins was 1 billion. In other words, TIA started with an annual inflation rate of about 8% and is designed to be reduced over time to a range of 2-5%. As of 2025, the circulating TIA supply is around 613 million. Users who secure the network by staking can get a share of newly minted tokens and transaction fees. The Celestia token price is also hovering around the $2 mark as of 2025, with a market capitalization in excess of a billion dollars.Strong community and expanding ecosystemJust as important as the technology is the community. Celestia has quickly built a vibrant ecosystem of thousands of developers, validators and users. With tools like Celestia Explorer, the network can be monitored transparently and governance decisions can be participated in. It has also been integrated into the Ethereum ecosystem with solutions like Blobstream and into the Cosmos world with projects like Stride. In this way, Celestia has gone beyond being just a technical project and has become an important player in the sector. The image below shows the most important projects in the Celestia ecosystem: Celestia/X Who is the Founder of Celestia?Celestia stands out not only for its technical vision but also for the strong founding team behind it. If you ask “Who is the founder of Celestia?”, the answer consists of three names: Mustafa Al-Bassam, Ismail Khoffi and John Adler. All three have solid experience in the blockchain and software world. Mustafa Al-Bassam is the CEO of Celestia Labs and one of the brains behind the project. A “white hat” hacker who made a name for himself in the tech world at a young age, Al-Bassam wrote the LazyLedger paper that laid the foundation for Celestia while pursuing a PhD in blockchain scalability at the University of London. He also co-founded the Chainspace project, which was acquired by Facebook. In short, Al-Bassam's academic and practical experience lies behind Celestia's scalability-focused structure. Celestia team Ismail Khoffi is Celestia's technical lead as CTO. Coming from a Cosmos and Tendermint background, Khoffi played a key role in shaping Celestia's Cosmos SDK-based structure. Referred to as a “technical wizard”, Khoffi is focused on making the user experience simple and straightforward while improving Celestia's complex infrastructure. John Adler is the director of research and development. An expert on Layer-2 solutions and optimistic rollup technologies in the Ethereum ecosystem, Adler contributed greatly to the theoretical underpinnings of Celestia's modular blockchain architecture. He is also a critical advisor on issues such as the integration of different execution layers into Celestia.These three founders have shaped all of Celestia's building blocks, from security to data scalability to cross-chain compatibility. Their knowledge and experience in different fields have played an important role in Celestia's solid position in the industry today.Frequently Asked Questions (FAQ)Here you can find the most frequently asked questions about Celestia and short answers:What is Celestia, how does it work?: The Celestia mainnet was launched on October 31, 2023 and the TIA token was released on the same day. Project foundations were laid in 2019, and testnet phases were completed in 2022. By 2024, the ecosystem grew rapidly and matured. What does the TIA token do?: TIA is used to pay for data transmission and staking on the Celestia network. It is also used to participate in governance votes, allowing users to have a say in the network.What does Celestia modular architecture mean? A modular blockchain is the separation of core tasks into different layers. Celestia is referred to as a “modular” network because it separates the data and consensus layer from execution.Who founded Celestia?: The founding team consists of Mustafa Al-Bassam, Ismail Khoffi and John Adler. All three are experienced in blockchain technologies; they developed Celestia's modular architecture together.Which networks does Celestia integrate with? Celestia integrates specifically with Cosmos-based projects and the Ethereum ecosystem. Thanks to the IBC protocol, it can communicate directly with Cosmos chains, and Ethereum-compatible rollups can also use Celestia as a data layer.How to buy TIA and where to store it: The TIA token can be purchased on major exchanges such as Binance, KuCoin and Bybit. To store it, Celestia-compatible wallets such as Keplr, Leap or Ledger are preferred.Follow our JR Kripto Guide series for the latest information on Celestia and modular blockchain technologies!
What is Aptos (APT)?
What is Aptos, which we have heard a lot about in the crypto world recently? In short, Aptos is a new generation layer-1 blockchain platform that stands out with its high-speed and scalable structure. In other words, it is an independent blockchain with its own network like Ethereum or Solana, and the native cryptocurrency of this network is called Aptos coin or APT with its symbol. Especially with its launch in 2022, many people wondered “What is Aptos coin?”. The aim of Aptos is to bring blockchain technology to a wider audience and to make the Web3 infrastructure more secure, fast and user-friendly. In doing so, it uses innovative technologies such as the Move programming language inherited from Facebook's former crypto project Diem.The team behind Aptos takes a very sincere approach to the development of the project. So while the technical details are deep, the Aptos community and developers aim to create a “us to them” environment. In this article, we will provide a comprehensive guide to what Aptos does, its history, technological features and value. We will also touch on the founders of Aptos and frequently asked questions, and try to answer your questions such as “What does Aptos do?”.Aptos Definition and OriginAptos is described as a high-speed, scalable layer-1 blockchain. What does this mean? It means that Aptos runs on its own main network and is designed to process a large number of transactions per second. Its main goal is to address the scalability and security challenges in the blockchain world. The Aptos project was founded in 2021, and interestingly, it was born from the ashes of Meta (formerly Facebook)'s failed Diem (Libra) project. The team that founded Aptos are actually former engineers who worked on Meta's cryptocurrency initiative.So if you ask, “Who founded Aptos?”, the answer is Mo Shaikh and Avery Ching. The duo left Meta in 2021 to found Aptos Labs and start developing this new blockchain. Thanks to their experience at Meta, they had significant know-how in building an enterprise-scale infrastructure.One of the things that makes Aptos special is that it uses the Move programming language for transactions. Move is a smart contract language developed for Facebook's Diem project, which was later made open source. The biggest advantage of this language is its focus on security and source control. In smart contracts written in Move, digital assets are defined as “resources”. This makes it almost impossible to copy a token, use it in two different transactions at the same time, or accidentally destroy it. In short, Move provides transaction security by preventing errors that are common in other blockchain languages. On the other hand, Move also offers flexibility to developers and works with lower transaction fees. Since smart contracts on the Aptos network are written in this language, Aptos' infrastructure is secure and fault-tolerant.The vision of Aptos is to take Web3 infrastructure to a new level. In other words, to provide a platform where decentralized applications (dApps) and crypto projects can run smoothly in the background, and users don't have to worry about speed or security. The Aptos team drew on both past experience and new ideas to answer the question “How can Layer-1 blockchain be better?”. As a result, by 2022, the Aptos network emerged and turned heads in the crypto world. History of Aptos: Important MilestonesAlthough Aptos is a very young project, it has experienced many important developments in a short period of time. Here are some of the most important milestones in Aptos coin history:In 2021, the foundations of APT were laid: The foundations of the project were laid. With Meta's Diem project on the shelf, Mo Shaikh and Avery Ching, who worked on that project, started developing their own independent blockchains. Aptos Labs was founded and the first concepts were created.In the spring of 2022, it received huge investments from industry giants: Aptos attracted the attention of major investors even before it went mainnet. In March 2022, a seed investment round led by Andreessen Horowitz (a16z), Tiger Global and Multicoin Capital raised nearly $200 million. It then raised a further $150 million in a Series A round led by FTX Ventures and Jump Crypto in July 2022. In this way, Aptos received a strong financial backing with over $350 million in total investment even before its mainnet was launched. Binance Labs even made a strategic investment in the project in September 2022, raising Aptos' valuation. This investment news fueled interest in Aptos in the crypto community.October 2022 saw the launch: The mainnet of the Aptos blockchain was launched. It was called “Aptos Autumn” and the Aptos network was officially launched. October 17, 2022 was recorded as the Aptos mainnet date. With the opening of the mainnet, Aptos coin (APT) started to be listed on major crypto exchanges. APT started trading on platforms such as Binance and Coinbase, and the APT coin price experienced high volatility in the early days. In the early days of the network, the Aptos team thanked the community by distributing an airdrop totaling 20 million APT coins to early adopters who participated in the testnet process. With this airdrop, each eligible user received 150 APT tokens (this airdrop was worth around $1200 at initial prices). Soon, APT's market capitalization reached a billion dollars. So for those who ask “When did Aptos come out?” in this period, we can say October 2022 as the answer.Between 2022 and 2023, many Aptos-based projects were launched: With the launch of the mainnet, the Aptos ecosystem started to develop rapidly. Aptos Explorer, the network's own block explorer, was launched. Similarly, Aptos Names, a domain name service (a system for mapping users' wallet addresses to legitimate names) was announced. Various wallets (Petra, Martian, etc.) and decentralized exchanges (DEXs) were developed by the community. For example, a DEX application such as Liquidswap by Pontem Network was implemented on Aptos. During this period, NFT marketplaces, gaming projects and DeFi protocols sprouted on the Aptos network, creating a vibrant ecosystem. Some projects in the Aptos ecosystem. Source: BlockBase Microsoft and Google Cloud partnerships announced in 2023: Aptos' development continued unabated. Partnerships with major technology companies were among the highlights of the year. In April 2023, a partnership with Google Cloud was announced; Google Cloud started running a validator node to support the Aptos network and provide cloud infrastructure support to developers. In August 2023, a strategic partnership with Microsoft was announced. In this context, Aptos Labs and Microsoft announced that they would work on new solutions that combine blockchain and artificial intelligence. The news of the partnership was also welcomed by the markets: After the Microsoft news, the Aptos coin price rose by about 15% in one day.In 2024 and beyond, the price has almost stabilized: The Aptos team continues to work on further increasing the scalability of the network and improving the developer experience. In 2024, Aptos continued to make a name for itself with protocol updates, parallel processing engine improvements (innovations such as Block-STM v2) and grants to ecosystem projects. Aptos Labs also took steps to expand in the Asian and European markets, while the Aptos Foundation continued to provide support to developers and projects. There are many more milestones ahead for this still young layer-1 blockchain. Meanwhile, APT coin is trading at $5.57 as of April 2025, with a market capitalization of around $3.45 billion. It ranks 30th in the CoinMarketCap rankings. Apt coin price has so far seen its highest level of $ 19.90 on January 30, 2023, while its lowest level was recorded on December 29, 2022 with $ 3.09. APT coin price since launch Why is Aptos valuable?So, with so many blockchain projects out there, what makes Aptos different and why has it attracted so much investment? Aptos is valued for several key reasons.The secure and innovative Move languageAptos prioritizes security by using the Move language in smart contracts. Move prevents many security vulnerabilities that can arise during transactions, such as double-spending or accidental loss of cryptocurrencies, which is not possible by Move's design. This allows applications developed on Aptos to be more reliable. With Move, developers can be more confident that the code they write will not have unintended consequences.High TPS with parallel processing engineAptos has parallel processing capability in its technical architecture. This means that transactions on the network are not processed in a single queue, but multiple transactions can be processed in parallel at the same time. Thanks to the Block-STM technology developed by the Aptos Labs team, the network can theoretically handle very high transaction volumes. Internal tests have shown that it can handle up to 160,000 transactions per second (TPS). While these numbers are yet to be reached in the real world, it means that Aptos has the potential to be much faster than current popular networks. This parallel transaction blockchain approach allows users to make transactions with low latency and low fees, even when the network is busy. In the table below, you can see how the Aptos network compares to various popular blockchains:BlockchainReal TPS (Mainnet)Maximum TPS (Test Environment)Theoretical Max TPSBlock TimeFinality TimeAptos41 TPS12,933 TPS160,000 TPS0.13 sec0.9 secSolana65,000 TPS65,000 TPS65,000 TPS0.4 sec~1 secEthereum15 TPS15 TPS15 TPS12 sec60 secAvalanche4,500 TPS4,500 TPS4,500 TPS1–2 sec~2 secSui4,000 TPS120,000 TPS120,000 TPS0.5 sec~1 secDeveloper-friendly and open source infrastructureThe team behind Aptos places great importance on the developer experience. Aptos was developed as an open-source project from the start, meaning that its code is transparently available on GitHub. There are also Aptos developer tools that support different programming languages. For example, there are libraries, SDKs (Software Development Kits) and extensive documentation for those who want to use the Move language. There are even Aptos SDKs for languages as diverse as Python, TypeScript/JavaScript, Rust and Java. This makes it easy for developers from different backgrounds to step into the Aptos ecosystem. In addition, the network's design is modular and upgradeable, making it easier to add new features or troubleshoot issues. Example of coin realization on Move. Source: Numencyber Strong investor and community supportThe support behind a project is as important to its success as the technology. Aptos has gained a huge vote of confidence at the very beginning of its journey by receiving funding from some of the most reputable investors. As mentioned above, giants of the crypto world such as a16z (Andreessen Horowitz), Coinbase Ventures, Multicoin Capital, FTX Ventures, Jump Crypto, Binance Labs have invested in Aptos. This is not only a financial support, but also a source of reputation for the project. In addition to big funding, Aptos also has an active community support. Thanks to the testnet campaigns and airdrops organized before the mainnet, a wide range of users got involved in the project. Today, the Aptos ecosystem is a vibrant and growing world with contributions from both individual investors and developer communities. Finally, it is worth noting that the Aptos network is Proof-of-Stake (PoS) based and users can participate in the network by staking Aptos. So if you have an APT token, you can stake it to validators and contribute to network security and earn rewards. This mechanism both increases the security of the Aptos network and provides passive income for token holders.Who is the Founder of Aptos?When it comes to Aptos, it is hard not to wonder about the team behind it. Mo Shaikh and Avery Ching are the founders and leaders of Aptos. We can say that the answer to the question “Who founded Aptos?” is these two names. They are both former employees of Meta (Facebook) and held important positions in Facebook's crypto project called Diem. In 2021, after leaving Meta, they founded Aptos Labs and started developing the Aptos blockchain. In other words, behind Aptos are two experienced names and a strong team. Aptos founders Avery Ching and Mo Shaikh When they worked at Meta, Mo Shaikh was more involved in strategy and business development (on the Novi wallet project), while Avery Ching was one of the chief software architects of the Diem blockchain. In other words, one knows the business side of the business and the other knows the technology side very well.In 2021, Shaikh and Ching left Meta and set out to realize their vision by founding Aptos Labs. Aptos Labs, a for-profit company, is the main team responsible for the development of the Aptos blockchain. There is also the Aptos Foundation. There is a division of tasks between Aptos Labs and the Aptos Foundation: Aptos Labs builds the protocol's technical development, infrastructure and products, while Aptos Foundation focuses on maintaining the decentralization of the network, community management, grant programs and ecosystem growth. In a way, the Foundation is the public interest and community face of Aptos, while Labs is the engineering and operations side. The Aptos Labs team at their offices in Palo Alto. Mo Shaikh and Avery Ching combine the professionalism of Silicon Valley roots with the spirit of the blockchain world. In other words, they blend the corporate approach with the vision of decentralization. During Aptos' development process, they have been very systematic in terms of team building and securing investment. For example, Mo Shaikh led the fundraising process for the project and raised hundreds of millions of dollars in a short time. Avery Ching led the integration of technological innovations such as Move language and Block-STM, focusing on realizing the high performance and security Aptos claims. As a result, under the leadership of these two founders, Aptos continues to move forward both technically and in terms of business strategy.Frequently Asked Questions (FAQ)You may still have some basic questions about Aptos. Let's try to clear your minds by providing short and clear answers to these frequently asked questions below:What is Aptos and what language does it use? Aptos is a next-generation layer-1 blockchain project focused on scalability and speed. It has its own network and native cryptocurrency (APT) and uses the Move programming language for smart contracts. The Move language, originally developed for Facebook's Diem project, enables Aptos to have secure and efficient smart contracts. In short, Aptos is a high-performance blockchain that relies on the Move language to secure its transactions.Who founded Aptos?: The founders of the Aptos project are Mo Shaikh and Avery Ching. They are former employees of Meta (Facebook) and held key positions in Facebook's crypto project Diem. In 2021, after leaving Meta, they founded Aptos Labs and started developing the Aptos blockchain. In other words, behind Aptos, there are two experienced names and a strong team built by them.When was the Aptos mainnet launched? Aptos' mainnet was officially launched in October 2022. More specifically, October 17, 2022 is the day of the Aptos mainnet launch. This launch was dubbed “Aptos Autumn”. With the mainnet launch, transactions on the Aptos network began and the APT token was listed and traded on exchanges.What is the Move language?: Move is a proprietary smart contract programming language used by Aptos (and previously by Facebook Diem), hence why it is sometimes referred to as the Aptos Move language. Move's design focuses on the secure management of cryptocurrencies. For example, in Move, each asset is a “resource” and cannot be copied or destroyed, which prevents issues such as double-spending. Move is also a secure language based on Rust, making it difficult for developers to make error-prone transactions. As a result, Move is a modern programming language that aims to build more secure and error-free applications in the blockchain world.Where Aptos is used: Aptos is a general-purpose blockchain platform, so its use cases are quite broad. Many Web3 projects can run on it, such as decentralized finance (DeFi) applications, NFT marketplaces, blockchain games, social media applications. In particular, its high transaction speed and low latency make it a suitable platform for real-time gaming or transaction-intensive finance applications. In addition, new token projects can be developed on the Aptos network, and voting and governance applications can be implemented through smart contracts.How much is the APT token supply: The total supply for APT, Aptos' native token, has been announced at 1 billion units. This is the maximum amount that will be reached when all APT tokens are issued. However, not all of this supply is in circulation. Initially, some of the tokens were split between the community, the team, investors and the Foundation. Over time, the circulating supply increases with tokens unlocked at certain periods. For example, in the first phase, the amount in circulation was about 13% (130 million APT), with the remaining tokens entering the market on various schedules. The APT token is used to pay transaction fees, stake and participate in governance on the network.Follow our Jr Kripto Guide series for up-to-date content on the future, technology and potential of Aptos.
$4.1 Billion BTC and ETH Options Expire Today
The cryptocurrency market is holding its breath as it awaits the expiration of today's massive options contract. A total of $4.11 billion worth of Bitcoin (BTC) and Ethereum (ETH) options will expire. This development could have a significant impact on the short-term price movements of both assets, which have been losing value in recent days. Bitcoin makes up the majority of the options volume: According to today's data, $3.5 billion worth of contracts are expiring on the BTC side and approximately $565 million on the ETH side. This indicates that volatility in the markets may increase. According to Deribit data, 33,972 Bitcoin options are expiring today. This number has increased compared to last week. On Ethereum, 224,509 contracts will expire. Last week, this figure was 246,849. Balance in Bitcoin, optimism prevails in EthereumWhen looking at the options expiring for Bitcoin, the "maximum pain" price is determined as $ 105,000. The maximum pain price is known as the point where investors will suffer the most loss, and prices are generally expected to converge to this level. In addition, the put-call ratio for BTC is at 1.00; in other words, investors are almost equally distributed between bullish and bearish expectations. This situation shows that the market is indecisive or in a consolidation process in the short term.On the Ethereum side, the picture is more optimistic. The maximum pain price for ETH is at $ 2,600. The fact that the current price is below this level shows that investors think the price will rise. The put-call ratio in ETH is 0.69, which shows that call options are the dominant. This ratio shows that investors are taking positions more in the bullish direction, in other words, the market is more positive in this asset.Markets may enter the weekend volatileThe days when option contracts expire are usually the times when short-term fluctuations occur in the markets. According to the "maximum pain" theory, prices tend to move towards the levels where options will suffer the most losses. Therefore, the price movements to be seen in both BTC and ETH today may develop depending on the levels concentrated especially in option positions.According to Deribit analysts, "While BTC exhibits a balanced positioning close to the maximum pain level, upward flows dominate on the ETH side. We will watch and see how the market will react this time." In other words, it was emphasized that investors should be careful. In addition to these developments, the increasing geopolitical tensions in recent days and the statements of US Federal Reserve (Fed) Chairman Jerome Powell are also affecting investor sentiment. In particular, the possible military moves of the US in the Middle East and the increasing tension with Iran are strengthening the downward risk perception in the market.In summary, today's high-volume options expiration could cause short-term but sharp fluctuations in the crypto market. Both macroeconomic developments and geopolitical risks continue to play an important role in investors' strategies
Alarm Bells Ring for Crypto Users After 16 Billion Passwords Leak!
In today's world where concerns about digital security are at their peak, one of the largest password leaks ever recorded has hit the agenda like a bombshell. According to data revealed by cybersecurity platform Cybernews; 16 billion passwords and login data, including user information related to major platforms such as Apple, Google, Facebook and Telegram, have been leaked onto the internet. This huge leak especially threatens the assets of cryptocurrency users.A frightening development for crypto investors: Passwords leakedThe cybersecurity world has been shaken by one of the largest data leaks ever recorded. According to the report published by the Cybernews platform, more than 16 billion user login information and passwords have been leaked onto the internet. This huge data set, which includes account information related to Apple, Google, Facebook, Telegram, GitHub and some government portals, poses a great danger especially for cryptocurrency users.However, the source of this leak is not directly the servers of technology giants. According to Cybernews researchers, this information was stolen from data kept by users in 3rd party applications, browser add-ons or cloud storage areas that were left unencrypted. In addition, much information was compromised through malware that was infecting user devices.The leaked data does not only consist of current information. Cybernews states that stolen data obtained from different sources in previous years has also been recirculated with this new package. In other words, the cyber debris of the past further increases today's risks.Crypto wallets are targetedCybersecurity experts emphasize that this leak may affect cryptocurrency users the most. The main reason for this is that many users store their wallet passwords, backup keys or recovery phrases in e-mail boxes or cloud-based note applications instead of secure physical areas. This allows hackers to access not only passwords but also wallets directly. Crypto assets are coins that cannot be retrieved or the transaction canceled once they are captured. Therefore, when a wallet's password or keywords fall into the hands of hackers, the risk of permanent theft of assets is much higher.Experts recommend activating two-factor authentication (2FA) systems in particular. It is also very important to store vital data such as crypto wallet information offline, for example in hardware wallets or physical copies.Tether CEO: Escape from the cloud is comingOne of the reactions to the leak came from Paolo Ardoino, CEO of Tether, the world's largest stablecoin issuer. Ardoino said, "The cloud has failed us again," and announced PearPass, a completely local and open-source password manager. According to Tether, this new application will store passwords and encryption keys only on the user device. It will need neither a server nor a cloud service.Ardoino, who introduced PearPass by saying, "No server, no cloud, no leak," argues that offline security systems will become much more critical in the future. In fact, he explained his vision in a podcast interview by saying, "We want to produce technologies that can work even in disaster scenarios like World War."It is unclear for now whether PearPass will integrate with Tether's other projects. However, it is known how much the company attaches importance to security and privacy with P2P solutions such as Pear Credit, which it has previously developed.
SUI Comments and Price Analysis 19 June 2025
SUI Technical Analysis: Sui Is at the Critical Channel SupportLooking at the 4H chart of SUI, we see that the price is trading within the descending channel and is now testing the lower band of this channel. During this downtrend which started at around $3.65, the price of the coin has been rejected from the upper band of the channel many times before. Sui is currently trading around important support level around $2.65–$2.52. Falling Channel Structure We could say that this area is where a strong reaction could occur as it is technically both horizontal support and is the channel lower band. However, if the price cannot hold around this support level, then the next support area could be around $2.44–$2.24.The first resistance level would be $3.03 if the price goes upwards. If this level is passed, we could see a quick rise towards the level of $3.47–$3.64, yet we should bear in mind that these price levels also coincide with the upper band of the descending channel and they form a strong resistance area.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 transactions.
ALT Comments and Price Analysis 19 June 2025
AltLayer (ALT) Has Broken Out of the Descending ChannelAs it is clearly seen on the ALT chart, the price of the coin has broken the descending channel within which it has been trading for some time with a great momentum caused by the news of the UpBit listing. With this momentum, the price increased more than 100% in a few hours. This upward breakout of the price could be interpreted as a trend shift on the chart as the descending channel has been broken with a great volume and the pattern has turned to positive. We understand that buyers are now more dominant since the strong resistance zone $0.03145–$0.03258 has been exceeded. The coin is now trading around the level of $0.03764 after the breakout of the channel. Should the price hold around this level, we can say that initial targets could be $0.03967–$0.04109 and later $0.04481 in case of upward movements. Moreover, we can expect the price to go up more if it remains above the level of $0.0410.It is safe to say that the first support area would be $0.03595 in case of downward pullbacks. If the price goes below this support area, it is possible that we will see a test to the upper band of the broken channel and a retest to the level of $0.03258. However, technically speaking, the chart structure is positive for the time being. When we assess the descending channel breakout, resistance reversals, and bullish pattern together, new highs in the price are promising.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 transactions.
