🪂🪂🪂🪂🪂BLUM: check if you are eligible for the airdrop🤑

➡️Blum here ☝ ➡️Check here ☝ ➡️Submit an appeal here ☝ ✅The snapshot has not been taken yet ➖ you still have time to improve your stats and qualify. ❗️The Blum snapshot will be taken at 00:00 UTC on June 7 (Friday to Saturday). 🦊 Channel |🎁FOXCASE|🦊 FOXVPN | ⭐️ Stars |💬 Chat | ⭐ Voice | OKX ✨ | BingX 🔀 Put 🦊 if the post was interesting! Share in the comments, enter the chat
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😅 Суд отменил пошлины Трампа (эффект бабочки уже запущен)!

Громкая новость из США: Федеральный суд заблокировал решение Трампа по тарифам, сославшись на превышение полномочий. Суд постановил, что такие меры должен утверждать Конгресс, а не президент единолично. Команда Трампа уже подала апелляцию, но вердикт озвучен — пошлины отменены. Что это значит для рынка? 1️⃣ Макроэкономика — как танкер: Даже если тормоз нажали — судно не остановится сразу. Давление, которое оказывали тарифы в апреле–мае, уже заложено в: ▪️снижение потребления ▪️отчеты компаний ▪️ослабление рынка труда И это всё мы увидим летом — в виде рецессионных сигналов. 2️⃣ ФРС развязывают руки: Суд снял инфляционные риски, связанные с тарифами. Это значит: Меньше поводов держать ставку высокой Больше простора для «станка» 3️⃣ Политика сыграла чисто: Трамп перед избирателями — не виноват. Свалит на суд, демократов или «внешние силы». Выглядит как хорошо срежиссированный спектакль? Возможно, это и было в плане. Реакция рынка: 💰 ETH среагировал быстрее всех - пробил уровень шорт-ликвидности. 💰 Золото скорректировалось. Что дальше? Комбинация складывается идеальная: > Рынок расслабился после «отмены» > Летом выйдут отчеты → техническая рецессия > ФРС вынуждена вмешаться → смягчение политики Это и есть фундамент для продолжения бычьего цикла. Но, как всегда, новости - триггер, но не точка входа. Будьте избирательны, не гонитесь за движением - готовьтесь к нему заранее. English 🇺🇸 Court struck down Trump's duties (the butterfly effect has already kicked in)! Breaking news from the US: A federal court has blocked Trump's decision on tariffs, citing abuse of power. The court ruled that such measures should be approved by Congress and not by the president alone. Trump's team has already filed an appeal, but the verdict is in - the duties have been canceled. What does this mean for the market? 1. The macroeconomy is like a tanker: Even if the brake is applied - the ship won't stop immediately. The pressure that tariffs exerted in April and May is already built in: снижение consumption отчеты companies ослабление labor market And we'll see all of this in the summer - in the form of recessionary signals. 2. Fed unleashes: The court has removed the inflation risks associated with tariffs. That means: less reason to keep rates high more room for the “machine” to “loom” 3. Politics played clean: Trump in front of voters - not his fault. Will blame it on the courts, Democrats or “outside forces”. Looks like a well-choreographed performance? That may have been the plan. Market reaction: ETH reacted the fastest - breaking the short liquidity level. Gold corrected. What's next? The combination is shaping up to be perfect: > Market relaxed after the “cancelation” > Reports will come out in summer → technical recession > Fed forced to intervene → policy easing This is the foundation for the bull cycle to continue. But as always, news is a trigger but not an entry point. Be selective, don't chase a move - prepare for it in advance. ⭐️ Crypto Chat | Exchange | ADS
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⚡️Небольшая подборка новостей и апдейтов

⚠️Начнём с Caldera - сейчас мы можем забрать от них нфт в сети appchain. Для этого просто коннектимся к сайту и забираем нфт, если нет газа в целевой сети - вас попросит автоматом залить с другой Переходим к Recall — они выпустили новые квесты на Galxe, все знают что такое глхе и как его делать. Коннектимся и делаем задания ⭐Не отходя от темы глхе — GenLayer, они заколлабились с Caldera и так же стартанули пачку квестов на глхе. Так же можно поделать квесты от D3, будет полезно, рас уж взялись за эту тему Те, кто делали дроп от Movement - могут забрать его 👉тут, или подать апелляцию в их дискорде, в канале #appeals-submit, если побрили 💬DarkSide NFT 🔀BingX
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🛒 iMe for Android has been updated to version 11.9.2!

New from Telegram ✈ The source code has been updated to Telegram version 11.9.2: • Secure Group Calls Made Easy; • Protect your calls with encryption and distributed security; • Automated Business Accounts; • Get More Gifts with These New Settings; • Appeal Account Restrictions with Frozen Accounts; • New Gestures — Fast Access to Forwarding. 😀 New from iMe 📆 To-Do List: - Your new assistant that reminds you about tasks and keeps everything under control; - Create folders for convenient sorting (Work, Personal, Today); - Add names, descriptions, or steps to complete tasks, set deadlines and reminders; - Option to hide completed tasks; - Increased limits for iMe Premium subscribers; ⚙️ Optimization: - Memory leak fixes and RAM optimization (part 2); - Bug fixes and minor improvements. 🔥 The team has already started working on To-Do List 2.0! We’d love to hear your feedback: what features you’re missing and what we can improve. #iMe #Telegram #Update #Android ✅ Our official resources: App Store / Google Play / Direct / Desktop / LIME Game @iMe_ru / @iMe_en / @iMe_ai / @iMeLime Web / X / YouTube / Discord
🏷End of Apple’s 30% Tax? This precedent could change everything
Five years ago, Pavel Durov openly called the App Store a "medieval fortress" for its draconian 30% tax that kills innovation and puts digital startups under threat. He urged regulators worldwide to take notice of the obvious monopoly held by Apple and Google: "You pay more for every digital product. You keep paying even after you've paid. Apple censors content, restricts privacy, delays releases, and destroys the business models of independent developers." said Pavel Durov. For those who haven’t read Pavel’s post titled "7 reasons why Apple’s 30% tax is bad for every iPhone user", it's a good read. And now in 2025, the ice has broken - a U.S. court has sided with developers. Apple can no longer: - Ban external links within apps - Block alternative payment methods - Most importantly: charge a 30% commission on purchases made outside the App Store This was a landmark decision in the Epic Games vs. Apple case that lasted nearly five years. Epic challenged Apple by implementing direct payments in Fortnite - and got banned. A long legal war followed, with appeals, Apple’s 27% “workaround” commissions, and fierce resistance. But this is the finale: Epic has won. Apple is required to allow external payments within the U.S. Pavel Durov responded on X: "Well fought, TimSweeneyEpic - an epic victory. Thanks to you, the US is now free from Apple’s 30% yoke, which has stifled innovation for 17 years. Now, let’s help liberate the rest of the world. You have my support - and the support of telegram ’s 1 billion users." Telegram Mini Apps are the future of the messenger: smart bots, built-in services, marketplaces, games - all of this can now run on TON without needing to buy “stars” through Apple Pay with a 30% fee. In June 2024, Telegram introduced Telegram Stars as a workaround: In-app purchase via App Store/Google Play → Telegram Stars → TON → content creators. Now, we could see changes or even a return to the old model: direct TON payments through wallets (Tonkeeper, Wallet, MTW) or in-app sites. This opens the door to: - Reintroducing TON payments in Telegram apps - Launching the long-promised NFT stickers, collectibles, and memes - A full Web3 economy built into the messenger Stars might remain as a simple fiat gateway, familiar to millions. But they won’t be the only option. TON can return to the game. After Epic’s victory, Spotify immediately updated its iOS app, adding a subscription button via its website. Apple has been blocking such updates for two years - now it can’t. Microsoft, Patreon, Meta, Telegram - all publicly supported Epic in the fight against Apple’s monopoly. This wasn’t about Fortnite, it was about the freedom to monetize on the internet, especially in Web3. Yes, for now it’s just in the U.S., but... - U.S. court ruling sets a precedent - In common law, such a precedent can influence other countries - Europe’s Digital Markets Act has already forced Apple to allow external stores and payment systems - The rest of the world will follow, as their regulators got a clear signal: Apple is vulnerable. No bold predictions, but let’s think about it: - TON payments in Telegram are only a matter of time (at least for U.S. users) - Web3 features in mini-apps become the norm - NFT, DeFi, and similar tech legally integrated into the Telegram experience - Telegram Stars and TON will compete, accelerating innovation Apple can no longer hold a monopoly on digital payments. Pavel Durov and Telegram are among the main beneficiaries. TON could get a second life - and this time, the rules finally work in its favor. Make TON Great Again @TonPost
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🔄 CEXiO Quiz
Login to the project: /StartGame ➖➖➖➖➖➖➖➖➖➖➖➖ Why Stay in Crypto? The Case for Not Giving Up 🅀 1. Who usually ends up saying "I told you so" after a bear market? ✅ The people who stayed 🅀 2. What has happened to Bitcoin many times over the years? ✅ It's been declared "dead" 🅀 3. Why is quitting now compared to walking out of a movie early? ✅ Because the plot twist hasn't happened yet 🅀 4. What are developers still doing despite market downturns? ✅ Building new blockchain use cases 🅀 5. Why is a traditional savings account described as boring? ✅ It offers very low interest 🅀 6. What makes the big gains in crypto possible? ✅ Big swings in the market 🅀 7. What did the video compare crypto volatility to? ✅ Surfing a tsunami with a laser-eyed gorilla 🅀 8. What's the reminder when your portfolio drops 70%? ✅ It's not a loss until you panic sell 🅀 9. What are NFTs starting to do beyond digital art? ✅ Enable real-world applications like gaming and identity 🅀 10. Why does crypto volatility appeal to some investors? ✅ It creates opportunities for big gains 🅀 11. What should users do when feeling burned by the market? ✅ Learn and engage more with the tech 🅀 12. What does the video say crypto is, besides just a market? ✅ A movement ➖➖➖➖➖➖➖➖➖➖➖➖ 💬Chat ❕ 📹AllCode
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$Kimchi vibe finally arrives in crypto (SOL) 2.2M mc rn
Kimchi is love and Kimchi is war - Kimchi is our emotion! legendary viral Korean meme - also saw SNL vids on this so has v wide appeal in the community especially of Korean memetraders. The chart currently under price discovery after ATH 7m MC. I love this meme and so aped a bag here cos see good growth potential considering bullrun vibes starting. Community here: https://x.com/i/communities/1915699300127981909 CA: PoV962CBnMWDDT1wwPLueLbLCJxGVCv3PW6c4aepump https://dexscreener.com/solana/8LHMT1SqwmX5pkLQaxLFfBB58Tdbj2hRWnfU6jmopUqa
The Chosen Ones, into battle!
⚔️💥⚔️💥⚔️ The call of battle has swept across the GattoVerse. Respond to it and prove yourself at the great Weekend Tournament — there are marvelous gifts waiting for you. This time there are even more rewards waiting for you. And not only that: in honor of the tournament, all premium ticket holders will get a special bonus — the limit in the stadium competitions has been increased to 600 until the end of the Weekend tournament 🎟 🏆 Awards: 1st place — Food x15 (except cheese and pineapple) | NFT-artifact “District Expansion V” x1 | Ordinary Egg x20 | Rare Egg x10 | Mythical Egg x1 | Slice of Cake x25 | Diamond Paw x2 | Premium Ticket for 90 days | 250 000 Gold Coins | Silver Coins x5 | Pearlescent Gattobox x1 2nd place — Food x10 (except cheese and pineapple) | NFT-artifact “District Expansion II + III” x1 | Ordinary Egg x10 | Rare Egg x5 | Slice of Cake x 20 | Diamond Paw x1 | Premium Ticket for 30 days | 200 000 Gold Coins | Silver Coins x3 | Legendary Gattobox x1 3rd place — Food x5 (except cheese and pineapple) | NFT-artifact “District Expansion I” x1 | Ordinary Egg x5 | Rare Egg x3 | Slice of Cake x 15 | Premium Ticket for 15 days | 150 000 Coins | Silver Coin x1 | Mythic Gattobox x1 4th-5th place — Ordinary Egg x5 | Rare Egg x1 | Slice of Cake x10 | 100 000 Coins | Rare Gattobox x1 6th-8th place — Ordinary Egg x3 | Slice of cake x10 | 50 000 Coins | Ordinary Gattobox x1 9th-10th place — Ordinary Egg x1 | Slice of Cake x5 | 25 000 Coins | Ordinary Gattobox x1 11th+ place — 15 000 Coins | Slice of Cake x2 The tournament will start today, April 25, at 14:30 and will last until April 28, 09:00. The specified time is UTC. To participate, play PvP-battles for $GTON and take one of the places in the leaderboard (it will be reset before the start of the event). Winners are decided by leaderboard on April 28 at 09:00 UTC. Cheating is prohibited and is punishable by disqualification with no opportunity to appeal. Rewards for the event will be accrued within the next week. Show your power! 👀RU Избранные, в бой! ⚔️💥⚔️💥⚔️ По миру Gatto прокатился зов битвы. Откликнитесь на него и покажите себя на великом турнире «Выходного дня» — за это вас ждут чудесные дары. В этот раз вас ждёт ещё больше наград. И не только: в честь проведения турнира, все владельцы премиум-билетов получат особый бонус — лимит в состязаниях на стадионе увеличен до 600 до момента завершения турнира «Выходного дня» 🎟 🏆 Награды: 1 место — Еда х15 (кроме сыра и ананаса) | NFT-артефакт «Расширение района V» х1 | Обычное яйцо х20 | Редкое яйцо х10 | Мифическое яйцо х1 | Кусок торта х25 | Бриллиантовая лапка х2 | Премиум-билет на 90 дней | 250 000 Золотых монет | Серебряные монеты х5 | Перламутровый гаттобокс х1 2 место — Еда х10 (кроме сыра и ананаса) | NFT-артефакт «Расширение района II + III» х1 | Обычное яйцо х10 | Редкое яйцо х5 | Кусок торта х 20 | Бриллиантовая лапка х1 | Премиум-билет на 30 дней | 200 000 Золотых монет | Серебряные монеты х3 | Легендарный гаттобокс х1 3 место — Еда х5 (кроме сыра и ананаса) | NFT-артефакт «Расширение района I» х1 | Обычное яйцо х5 | Редкое яйцо х3 | Кусок торта х 15 | Премиум-билет на 15 дней | 150 000 Монет | Серебряная монета х1 | Мифический гаттобокс х1 4-5 место — Обычное яйцо х5 | Редкое яйцо х1 | Кусок торта х10 | 100 000 Монет | Редкий гаттобокс х1 6-8 место — Обычное яйцо х3 | Кусок торта х10 | 50 000 Монет | Обычный гаттобокс х1 9-10 место — Обычное яйцо х1 | Кусок торта х5 | 25 000 Монет | Обычный гаттобокс х1 11+ место — 15 000 Монет | Кусок торта х2 Турнир начнётся сегодня, 25 апреля в 17:30, и продлится до 28 апреля, 12:00. Указанное время московское. Чтобы поучаствовать играйте в PvP-битвы за $GTON и занимайте одно из мест в лидерборде (он будет обнулён перед стартом ивента). Победители определяются по лидерборду на 28 апреля в 12:00 по московскому времени. Читы запрещены и караются дисквалификацией без возможности оспорить решение. Награды за событие будут начислены в течение следующей недели. Покажите свою мощь!
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👽Is LINE capturing Telegram’s potential audience?
The Asian messenger LINE has integrated the Kaia blockchain and is rapidly expanding its internal mini-app (dApp) ecosystem. This seems to be taking away from Telegram's market share. Just in Q1 this year, LINE launched 30 mini-dApps inside its app, which were selected from over 800 candidates. These Web3 services, which include as games, utilities, and NFTs, are available through the built-in Dapp Portal and Kaia Wallet, so users can benefit from these decentralized features without leaving the messenger. LINE is the absolute leader in Japan, Thailand, and Taiwan. In Japan alone, the messenger has over 93 million active users, and across Asia its total Monthly Active Users is around 196 million. Despite Telegram’s impressive 1 billion MAU worldwide, it falls far behind in this region. This is important because Asia is considered one of the most solvent and valuable markets in the world. Moreover, LINE users tend towards personal networks (friends, family, colleagues), while Telegram is primarily built around channels and groups of strangers. LINE accounts are typically tied to real people through phone number verification, giving its user base more credibility. LINE NEXT - its Web3-focused subsidiary actively attracts developers through: - Grant programs and marketing support - SDK available exclusively to participants of the Wave program, where projects are hand-picked by LINE - Integration with Kaia Wallet (custodial and non-custodial options) - Special promo slots in LINE and even OKX Wallet - A token distribution program with reverse allocation benefiting the fund Their projects receive not only access to infrastructure but also significant exposure. For example, the game Bombie attracted 43 million users in six months and ranked #1 by revenue. In Telegram, the same game has around 1.2 million MAU. Since 2024, Telegram has been scaling its TMA (Telegram Mini Apps) ecosystem. The number of TMAs has grown from 300 to over 7,000 in just nine months. This surge has been driven by games like Notcoin and Hamster Kombat, but the overall platform remains heavily crypto-centric. Over 60% of all Telegram mini-apps are crypto services, such as DeFi, trading, and farming. The rest are mostly play-to-earn or pay-for-win games. By March 2025, Telegram mini-apps have reached 128 million MAU. However, Telegram still lacks: - Mini Apps builder, akin to WeChat’s - Strategy for attracting major brands and IP - Reasonable grant programs - Mass-marketing strategies (not just for crypto enthusiasts) Telegram has built a strong infrastructure for crypto developers, but LINE is taking a different route — hiding blockchain “under the hood” and making Web3 appealing to mainstream users. Moreover, LINE Mini dApps can also run outside the messenger, in a browser, or even without a LINE account. Telegram’s mini-apps are restricted inside its ecosystem. Telegram needs to quickly develop tools like Mini Apps builder, release more frequent API and platform updates, incentivize developers through contests, grants, and promotion via Telegram Contests and other communities. LINE is already moving, and if Telegram doesn’t speed up, it risks missing out on the Web3 future in one of the planet’s most important markets. Your visionary @TonPost
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1️⃣#Soneium - новые активности:
• квесты Layer3 (90% заданий у нас выполнены просто прокликать) 💵Затраты: ≈ 3$ • пиарят anime NFT от YOAKE. Заминтить можно на opensea (я заберу только на основе) 💵Затраты: ≈ 4$ 2️⃣ #Monad - прогреваем кошелек на testnet.xlmeme.com создаем мемчики и торгуем разные шмокены (здесь же можно прогреть MegaETH/ OG / SaharaAI / Somnia / Chainbase) 3️⃣ #Gradient - начали брить комьюнити. Если при входе в dashboard вы видите "Access Restricted" значит вам забанили аккаунт за подозрительную активность или нарушение правил (каких именно никто не уточняет). 🚫Если вы видите внизу ... appeal via [this link]... значит не все потеряно и у вас есть шанс на апелляцию, тыкаем [this link] и подаем апелляцию. ❌ Если видим то же сообщение но без ссылки на форму апелляции значит решение итоговое и обжалованию не подлежит (но попытаться все таки стоит через тикеты в дискорд) Скидки на комиссии:  🤩OKX  🥳 Gate.io Обязательно подпишись на 📱 telegram 📱 youtube 📱 dzen 📱 rutube 📱  vk 📱 Twitter  🙂warpcast  🤝 boost
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🚀 Ripple's Confidence Amidst Regulatory Changes
🌟 Ripple is expressing confidence in its legal standing as the U.S. Securities and Exchange Commission (SEC) faces criticism for its enforcement-heavy policies. Ripple's General Counsel, Stuart Alderoty, criticized SEC Chairman Gary Gensler for his regulatory approach, stating, On January 20, Gensler’s war on crypto ends at the SEC... What a waste of time and taxpayer dollars! He emphasized Ripple's confidence in its position and its eagerness to work with new SEC leadership to resolve ongoing legal matters. 📄 The SEC recently filed its opening brief in the appeal against Ripple Labs, reiterating arguments that have previously failed in court regarding the classification of XRP as a security. Alderoty remarked, As expected, the SEC’s appeal brief is a rehash of already failed arguments –and likely to be abandoned by the next administration. He added, A new era of pro-innovation regulation is coming, and Ripple is thriving. 🗣 Ripple CEO Brad Garlinghouse also criticized Gensler’s enforcement-driven approach, stating, Gensler, very much on brand — completely dismissive of the 2024 election and the American public — fully commits to his failed ‘regulation-by-enforcement’ agenda to the bitter, bitter end. Sad. This sentiment reflects a growing dissatisfaction among crypto advocates regarding the SEC's reliance on enforcement rather than establishing clear regulatory frameworks. 🔄 Speculation about potential shifts in crypto policy has increased with Gensler’s anticipated resignation coinciding with Donald Trump’s inauguration as president on January 20. Trump has shown increasing support for bitcoin and has nominated individuals with pro-crypto views, suggesting a leadership shift that may be more favorable to the digital asset industry. Many in the crypto community see this transition as an opportunity for clearer and more constructive regulations, contrasting with Gensler’s contentious tenure.
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☕️Good morning everyone, let’s get down to business right away 😎💸🪙
⬛️Everyone, who was blocked by mistake in Not Pixel can write and appeal the accusation 👉 HERE ❤️I hope y’all can return your funds! 🏴 Task with TON captcha Will also be available to everyone soon for implementation 🔛 👍- Put it if you’re a real dude 😎 The ban was for bots👌🤖 🔥🔥🔥 Don’t forget join: 👉Chat NOT ART ☺️#ClaimWhatsYours
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😉Жёсткая бритва от TonStation
Друзья, уже можно заходить в раздел «Airdrop» и смотреть свой дроп. Если вам показывает нулевой баланс, то значит вас побрили, а если у вас отсвечивается положительный баланс, то всё хорошо. Ниже список того за что могли побрить. Штрафы за нарушения: ⚠️ Санкции за обман системы и невыполнение заданий; ⚠️ Скидка на баланс 10% за каждую «отписку» от каналов партнеров; ⚠️ Скидка на баланс 70% для тех, кто не подписан на наш официальный канал TG; ⚠️ Неактивные учетные записи, которые не входили в TON Station Если вы считаете, что вас по ошибке обделили дропом, то можете заполнить форму тут: 👉 TON Station. Airdrop verification result appeals 📆 Листинг токена $SOON состоится 22 декабря А вы получили свой дроп? ❤️— Да 😡— Нет 🤣— Не играл(а)
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DEX Swaps of Crypto via iMe
💪 Swap Any-to-Any cryptocurrencies in iMe via integrated providers like Symbiosis, PancakeSwap, Uniswap, 1inch or Changelly. 🐙 A special focus is placed on our strategic partner and DEX swaps provider - Symbiosis. It provides fast on-chain and cross-chain swaps directly in iMe wallet, offering favorable rates and minimal fees for our users. 💱 Any-TON-any swaps will be especially appealing to the community of mini-app users, as they are fast and cost-efficient thanks to Symbiosis TON Bridge v2. 👍 Symbiosis is also integrated into LIME Game, enabling its use during task completion. This simplifies the process of swapping to LIME without leaving iMe ecosystem, while also increasing your chances of receiving airdrops. ✅ Our official resources: App Store / Google Play / Direct / Desktop / LIME Game @iMe_en / @iMe_ai / @iMeLime Web / X / YouTube / Discord
🚀 Former CFTC Chair Predicts SEC Will Drop Ripple Lawsuit, Sparking Potential XRP Rally
🗣 Chris Giancarlo, the former Chair of the U.S. Commodity Futures Trading Commission (CFTC), known as "Crypto Dad" for his advocacy of blockchain technology, recently shared his insights on the ongoing U.S. Securities and Exchange Commission (SEC) lawsuit against Ripple concerning its cryptocurrency XRP. During an interview on Fox Business, he suggested that the SEC might reconsider its position and potentially drop the lawsuit. ⚖️ The SEC has accused Ripple of violating securities laws by issuing XRP. A federal court previously ruled that while part of the XRP issuance was deemed a security, other aspects were not. Giancarlo argued that the SEC should reevaluate its approach, especially given recent legal developments and a shifting regulatory landscape. He stated, I think they should … I would bet they would. 📌 In July 2023, U.S. District Judge Analisa Torres ruled that XRP was not a security when sold to retail investors through exchanges but classified it as a security in institutional sales. This led the SEC to seek a $2 billion fine against Ripple; however, the court imposed a $125 million penalty instead. In October 2024, Judge Torres denied the SEC’s motion to appeal the ruling, stating that the regulator did not demonstrate substantial grounds for a difference of opinion. Despite this setback, the SEC filed an appeal with the Second Circuit Court of Appeals, arguing that the decision conflicted with Supreme Court precedents. 📉 Giancarlo highlighted the mixed results of the Ripple case, emphasizing the court’s decision as a significant setback for the SEC. He remarked, I would recommend that it’s time for regulatory agencies to drop a lot of these cases where they’ve lost at the trial. 🔄 He also pointed out that a potential shift to a more crypto-friendly administration under President-elect Donald Trump could impact the SEC’s future decisions. The Ripple case has become a crucial legal battle in the cryptocurrency world, testing the limits of securities laws. A pro-crypto administration could reshape the SEC’s stance on cryptocurrency regulation, including XRP. Giancarlo, who has authored a legal analysis arguing that XRP is not a security, advocates for regulatory clarity and a more lenient approach to digital assets.
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💰 Ethena's USDE Surges: A Shift in the Stablecoin Landscape?
📈 The stablecoin market is experiencing significant growth, with Ethena's yield-bearing token, USDE, recently reaching a valuation of over $4.12 billion. This positions USDE as the fourth-largest stablecoin after Sky’s DAI, Circle’s USDC, and Tether’s USDT. USDE maintains its peg through a combination of spot crypto holdings and short positions in margined perpetual contracts. 💸 Holders of USDE benefit from funding rates linked to perpetual contracts and staking rewards on the Ethereum network. As of November 28, 2024, the annual percentage yield (APY) stands at an impressive 29%, significantly higher than its competitors. This attractive APY has led to a surge in holders, pushing USDE's supply to an all-time high of $4.12 billion across 19,174 unique addresses. 🔍 In contrast, competitors like Circle’s USDC offer a modest 4.7% APY when stored in a Coinbase Wallet, while Sky’s USDS provides an 8.5% APY. However, USDE's APY is approximately 6.17 times higher than USDC’s, 3.41 times higher than USDS’s, and 3.87 times higher than Blast’s USDB which offers a 7.5% APY. 📊 It's important to note that USDE's distribution is highly concentrated; the top 100 addresses control 99.72% of the supply. Most of this supply is not used for transactions but is held to earn staking rewards, indicating that USDE is primarily utilized for yield generation rather than for payments. Since its inception, USDE has recorded only 686,155 transfers. 💱 On the other hand, USDC has a broader reach and is actively used for transactions despite offering lower yields. Circle’s USDC boasts a market valuation of $39.32 billion, significantly surpassing Ethena’s USDE. Meanwhile, Sky’s USDS has a market cap of $911 million and USDB holds a market cap of $411 million. 🔄 Ethena’s USDE illustrates a shift in the stablecoin market where some users prioritize high-yield opportunities over transactional capabilities. This trend suggests a diversification in stablecoin usage, with USDE’s appeal linked to its attractive APY. 🤔 While transactional leaders like USDC and USDT continue to dominate in terms of accessibility and flexibility, USDE’s strategy seems to cater to yield seekers, especially in bullish market conditions. However, the critical question remains: can USDE sustain its attractiveness amidst growing competition and changing market dynamics?
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