The "four-year cycle" of Bitcoin still exists, but the core driving factors no longer rely on halving events. Currently, institutional investors dominate the market and are becoming cautious, leading to a slowdown in capital inflows and making it difficult for prices to break through. It is expected that Bitcoin will remain in a range-bound consolidation.

Kazakhstan is focusing on Solana as the core to advance the national crypto and blockchain strategy, planning to establish economic zones, launch stablecoins, support dual-listing IPOs, cultivate developers, and build CryptoCity, demonstrating its commitment to integrating blockchain into its financial and industrial systems.

BlockBeats News, December 13 — Scott Lucas, Managing Director and Head of Digital Asset Markets at J.P. Morgan, stated at the Solana Breakpoint conference: "I believe this community is full of incredible innovation, and people are eager to explore. Combining these two aspects, you'll start to understand — where business opportunities come from and how they relate back to the core proposition of economic growth. This itself is part of a grand narrative. Therefore, I think the key is to truly get involved, integrating that pioneering spirit and innovation into the exploration of opportunities. Not all innovations are perfectly suited for regulated markets, and that's normal. Some target retail users, while others focus on different markets, but within them, there are essential elements that are highly valuable for our understanding, worth engaging with deeply, and learning from. Even if some things...

Fogo announces the cancellation of the $20 million token presale plan, changing the originally scheduled 2% FOGO tokens for the presale to a community airdrop, while unlocking 38.98% of the tokens at mainnet launch and burning 2% of the initial supply allocated to core contributors.

BlockBeats News, December 13 – The Office of the Comptroller of the Currency (OCC) has conditionally approved trust bank licenses for five institutions: Ripple, BitGo, DigitalAssets, Paxos, and Circle. "Conditional approval" is a preliminary recognition, indicating that the OCC has reviewed the application and considers the company to meet basic regulatory requirements (such as capital adequacy, risk management framework, and business plan), but it is not a final license. The company must meet specific conditions within a set timeframe to convert this into full operational status. Once all conditions are satisfied, the OCC will issue a final, unconditional national trust bank license, allowing the company to immediately exercise trust bank powers, mainly including: expanding core business operations, managing client assets as a trustee, handling payment settlements, custody of digital assets (such as stablecoin reserves), and providing related financial services.

Foresight News report, Multicoin Capital Managing Partner Tushar Jain and Jito Governance Lead Nick Almond jointly released "The Solana Constitution" proposal at the Solana Breakpoint conference, aiming to address the current ambiguity in Solana governance. The core of the proposal introduces the "Staker Override," allowing stakers to overturn their delegated validators' voting decisions on specific proposals, thereby solving the agent problem in representative democracy and granting ultimate sovereignty to stakers. The proposal recommends a dual-track system: SGPs for systemic changes require full network voting, while technical specifications

The 171st Ethereum Consensus Layer core developer meeting discussed retaining trustless payments as part of the Glamsterdam upgrade and removing the mandatory inclusion list for fork choice. The Fusaka upgrade has been successfully launched, and the network is stable. The meeting also discussed multiple proposals and plans to schedule the Heka upgrade in January next year.

Zcash (ZEC) performed strongly in the December market, with the price soaring 13% in a single day to approximately $460, significantly outperforming the recent sideways-moving cryptocurrency market. Along with the price increase, Zcash's 24-hour trading volume expanded accordingly, and its market capitalization also showed a noticeable growth, indicating an accelerated influx of funds into privacy sector assets. The core driver of this rise is the anticipation of a network upgrade. Zcash developers and Shielded Labs announced a dynamic fee market proposal, planning to upgrade the current static fee structure to a more flexible dynamic mechanism. According to the announcement, the new system will automatically adjust fees based on network congestion to reduce transaction costs and improve confirmation efficiency during high activity periods. This upgrade is seen by the market as a key step to improve user experience and enhance scalability, thereby boosting investor confidence.

x402 Payment Protocol officially released version 2 on December 11, 2025, further strengthening its core position in AI-native payments and autonomous machine trading. Since launching six months ago, x402 has completed over 100 million transactions through API, AI agents, and Web services. The V2 version incorporates key upgrades accumulated during this period. The most notable highlight of this update is the realization of a unified payment format for "multi-chain + traditional payment networks." The new protocol standardizes network and asset identification, enabling developers to seamlessly route payments between blockchains like Base, Solana, and traditional networks such as ACH and bank card networks. As a result, x402 is gradually becoming a neutral payment layer connecting crypto finance and traditional finance, simplifying cross-network settlement processes and providing more compatible payment infrastructure for AI agents, automation services, and Web applications.

PANews December 12 News, Pyth Network announced the launch of the PYTH Reserve Mechanism, which uses protocol revenue to purchase PYTH tokens monthly, directly linking product adoption with network value. As a key part of financial infrastructure, Pyth Network has supported over $2.3 trillion in cumulative trading volume. The new mechanism aims to promote sustainable value growth. The PYTH Reserve allocates one-third of funds from DAO treasury each month to buy PYTH tokens on the open market, combined with quarterly pricing optimization strategies to ensure revenue growth is directly converted into buying pressure for the token. Pyth's economic engine is powered by Pyth Pro, Pyth Core, Entropy, and Express

World announces its app has received a major upgrade. The new version introduces encrypted chat, virtual accounts, and support for encrypted payments with over 100 assets, officially moving towards a “super app” that combines identity verification and global payments. Led by Sam Altman, the core goal of the project is to provide users with reliable human verification tools in an era of rapid AI technological development. According to the official announcement, this upgrade allows users to send, recharge, and withdraw cryptocurrencies within the World wallet and virtual accounts, experiencing a convenient payment process similar to Venmo. The new app supports USDC, EURC, wrapped Bitcoin, Ethereum, and over 100 other cryptocurrencies, covering a broader crypto asset ecosystem.

American Bitcoin (ABTC) has experienced significant adjustments over the past month, with its stock price falling over 60% to hover around $1.85. In the last 24 hours, the stock price dropped an additional 4.9%, triggering market concerns about its business model and financial health. However, despite the worsening market sentiment, the company has quietly expanded its Bitcoin reserves, laying the groundwork for its "Bitcoin Infrastructure Backbone Network" strategy. According to the latest disclosures, as of December 8, 2025, ABTC holds approximately 4,783 Bitcoins, an increase of 416 Bitcoins in just the past week, representing a significant growth. These Bitcoins are obtained through mining, strategic acquisitions, and a custodial and collateralized structure in cooperation with Bitmain. The company emphasizes that its core value is increasing in tandem with its Bitcoin reserves.

BlockBeats News, December 12 — Brennan Watt, Vice President of Core Engineering at Solana research and development company Anza, stated at the Solana Breakpoint conference that proposal SIMD-0389 could reduce Solana account creation rent by 10 times, potentially scalable to a 100-fold reduction. Note: In the Solana network, Account Rent refers to the "storage fee" mechanism required for an account to permanently store data on the chain. According to Anza's analysis of the security slowdown mechanism, this change was discussed at the recent SolanaConf and may involve reclaiming hundreds of millions of dormant accounts.

Gate News Bot message, December 12th, according to CoinMarketCap data, as of press time, USUAL (Usual) is currently priced at $0.03, up 16.19% in the last 24 hours, with a high of $0.03 and a low of $0.02. The current market capitalization is approximately $43.2 million, an increase of $6.02 million from yesterday. Usual is a decentralized protocol dedicated to building a distributed banking system. Its issuance of fiat-backed stablecoins supported by real assets (RWA) combines the security of real assets with the composability and liquidity of DeFi. The protocol returns ownership and governance rights to users through the USUAL token. Usual's core products include USD0 stablecoin—a RWA stablecoin fully backed by US short-term government bonds—and USD0++—the liquid staking version of USD0, which provides

Odaily Planet Daily reports that the Blockchain Game Alliance (BGA) stated in its latest annual industry report that the Web3 gaming industry is shifting from an early speculative phase to a development path that emphasizes sustainable economic models and product orientation. Overall market sentiment and maturity have shown a significant rebound. The report, based on a survey of over 500 global blockchain game practitioners, indicates that industry optimism has rebounded from a low point in 2024 to 65.8%, with the focus shifting from tokenomics design to high-quality game content, stable revenue models, and payment infrastructure supporting real business scenarios. BGA stated that the core marker of industry transformation is the "repositioning towards a sustainable economic system." The report recalls that Web3 games in 2021

The UK Cross-Party Parliamentary Group recently sent a letter to Finance Minister Rachel Reeves, urging the government to amend the current stablecoin regulatory draft to avoid stifling innovation and prevent capital outflows. The letter was co-signed by several prominent MPs and nobles, including Sir Gavin Williamson, Lord Camrose, and Baroness Wilma, directly criticizing the Bank of England's current regulatory proposal as "potentially overly restrictive." The lawmakers emphasized that stablecoins have become a vital infrastructure in the digital economy, playing an increasingly critical role in the global financial system. In 2024, stablecoin trading volume reached $27.6 trillion, surpassing the combined volume of Visa and Mastercard transactions, and is expected to exceed $100 trillion before 2030. They believe stablecoins are reshaping the way payments, settlements, and cross-border finance operate, and are also the core drivers for future financial inclusion and efficiency improvements.

Gate News Bot Message, December 12th, according to CoinMarketCap data, as of press time, SAGA (Saga) is currently trading at $0.07, up 10.59% in the past 24 hours, with a high of $0.08 and a low of $0.06. The 24-hour trading volume reached $9.27 million. The current market capitalization is approximately $24.4 million, an increase of $2.33 million from yesterday. Saga is a blockchain infrastructure protocol dedicated to enabling developers to easily and quickly create their own dedicated, scalable, and interoperable Layer-1 chains. The platform provides unlimited horizontal scalability through the Saga protocol, allowing users to launch EVM-compatible Layer-1 blockchains permissionlessly within minutes. Core features of Saga include: unlimited horizontal scalability, zero transaction fees, and no

BlockBeats News, December 12 – Liquid Capital (formerly LD Capital) founder Yilihua posted on social media, expressing continued strong optimism for Ethereum. The reasons are as follows: First, the Wall Street consensus is strengthening: the SEC Chair's latest statement that "financial migration to the chain" is underway, with U.S. political and economic elites working together to promote the tokenization of U.S. debt, with Ethereum as the core platform. Second, Fusaka's upgrade reshapes value: Blob fees have surged dramatically, with over 1500 tokens burned in a single day.

Golden Finance reports that Unichain announced on the X platform that Pendle will soon be launched on Unichain. The protocol has integrated multiple core principal tokens (PT) across chains, unlocking a new type of on-chain revenue infrastructure for Unichain.

OpenAI officially releases the new generation large language model GPT-5.2 today, marking the company's further acceleration in expanding into enterprise application scenarios, upgrading ChatGPT from a consumer tool to an enterprise productivity engine. The new model emphasizes faster speed, greater stability, and the ability to handle complex tasks, integrate multi-step workflows, and execute professional workstreams. With major partners such as the US government and Disney joining, OpenAI's business layout is rapidly expanding. OpenAI states that the core goal of GPT-5.2 is to "create greater economic value," with significant enhancements in spreadsheet processing, presentation generation, code writing, visual recognition, long-context understanding, and tool invocation. To validate these capabilities, the company has introduced a proprietary evaluation system called GDPval, which simulates 44 different professional tasks to assess model performance. According to reports, GPT-5.2 achieves or surpasses human professional levels in approximately 71% of tests. While the external community is still awaiting independent review, this data has garnered widespread industry attention.

Golden Finance reports that according to The Information's crypto journalist Yueqi Yang, Acting Comptroller of the Currency (OCC) Michael Hsu has joined venture capital firm Core Innovation Capital as a Managing Partner, providing support to startup founders on regulatory compliance and policy engagement.

PANews December 12 News, according to Bloomberg, the U.S. Securities and Exchange Commission (SEC) granted permission in the form of a no-action letter to the Depository Trust & Clearing Corporation (DTCC), allowing the company to custody and recognize tokenized stocks and other real-world assets (RWA) on the blockchain. This move enables DTCC to provide three years of tokenization services on a pre-approved blockchain. SEC Commissioner Hester Peirce stated in a release, "Although the project is still in the pilot stage and subject to various operational restrictions, it marks a significant step forward in the market’s transition onto the chain." Michael Winnike, head of Global Strategy and Market Solutions for DTCC’s Clearing and Securities Services, said in an interview that after obtaining permission, DTCC will also extend its record-keeping work to the blockchain. DTCC, as the core clearinghouse of the US financial system

Odaily Planet Daily News: Nasdaq-listed diversified real estate and digital asset management platform Caliber announced that it has staked 75,000 LINK from its treasury with a Chainlink node operator, aiming to directly participate in the core infrastructure development of Chainlink network security and earn staking rewards. Caliber also stated that it will further increase the staking proportion in the future. (Globenewswire)

Pi Network today officially launched the mainnet migration option within the app, attracting widespread attention from the global community. Users have noticed the new toggle switch has appeared, signaling that the project is taking another significant step toward full mainnet deployment. According to the core team's previous plan, mainnet features will be gradually rolled out from late 2025 to early 2026. This update aligns perfectly with the roadmap and is seen as an important signal that the ecosystem is moving from the preparation phase into the execution phase. The launch of the mainnet migration feature follows Pi Network's major technological breakthrough in the KYC system. Starting from late 2025, the team introduced a new AI review model, greatly improving user identity verification efficiency. According to user feedback, the previously frustrating long queues for verification have been significantly improved, with approval cycles shortened to 3 to 14 days. The new AI model not only enhances document recognition accuracy but also addresses delays in manual review stages, reducing backlog by nearly half and paving the way for large-scale mainnet migration.

Sei (SEI) price tests the $0.14 key resistance level again amid surging trading volume, and its new integration with Xiaomi Wallet has also drawn market attention to its long-term potential. As of now, SEI is priced at $0.1421, up 2.1% in the past 24 hours, up 2.3% over the past week, but down 24% over the past 30 days, remaining in a generally weak structure. The rapid increase in market activity is the core driver of recent market trends. In the past 24 hours, SEI's spot trading volume surged 261% to $237 million. Derivatives data is also strong, with open interest increasing 8.7% to $100 million, and derivatives trading volume rising 202% to $400 million. This indicates that funds are establishing new positions, which typically suggests that a directional breakout in the market is imminent.

Polkadot (DOT) price recently retreated again to about $2, which is considered a key long-term accumulation zone since 2022. According to the latest insights from analyst Egrag Crypto, this area has structural support and is regarded as DOT's "home zone" over the years, but it is currently unclear whether the market has truly bottomed out. DOT price touched around $2, with a significant pullback during trading, followed by sideways consolidation in this critical price region. Egrag Crypto pointed out that he had previously positioned in DOT at higher prices and continued to add to his holdings during the recent pullback. Based on historical trends and Polkadot's core role in multi-chain infrastructure, this zone is seen as an important position of long-term structural support.

BlockBeats News, December 11 — The Astros Leaderboard officially launched on December 8, and simultaneously opened a 15-day early bonus window (December 8 – December 22) offering double points. Users can climb the leaderboard at a lower cost during the early phase, securing future airdrops and privileges in advance. The Astros Leaderboard launched this time will cover multiple core activity dimension scoring systems, including: Trading Volume

Bitcoin prices plummeted to $89,000 during Asian trading hours, approaching the $80,000 mark at one point, dragging the total cryptocurrency market capitalization down from $3.22 trillion to $3.06 trillion, a loss of $160 billion in a single day. As expected, the Federal Reserve cut interest rates by 25 basis points, but disagreements within the FOMC and Powell's hawkish stance became the core reasons for the sharp market correction. The meeting minutes revealed that several officials opposed the rate cut, and Powell further indicated that the Fed might pause rate cuts until January 2026. This hawkish signal quickly dampened risk asset sentiment. Additionally, the Fed announced it would purchase up to $40 billion in Treasury securities within 30 days. Although officials emphasized that this was not quantitative easing (QE), the market widely viewed this move as exposing liquidity pressures. Gold prices subsequently rose, and analysts warned that the banking system could face deeper risks.

The Blockchain Gaming Alliance (BGA) latest release, the "2025 Industry Status Report," shows that the Middle East and North Africa (MENA) region has rapidly emerged as the main growth driver of the global blockchain gaming industry. Industry practitioners’ share has soared from 0.5% in 2021 to 19.8% in 2025, achieving the largest regional structural shift in history. The report points out that as Western markets slow down, MENA, Africa, and Latin America are becoming new growth centers. Currently, Africa accounts for 5.5%, and Latin America accounts for 11.9%. The global talent distribution is gradually shifting away from the traditional dominance of Asia and Europe. Among industry participants, women account for 22.7%, reaching a new high, with young generations especially active in MENA and Africa.

Gelep Mindfulness City Administration announced that Matrixport's Matrixdock has become the core technology partner for the gold-backed token TER, responsible for building its underlying tokenization technology framework. This marks Matrixdock's leading position in the national RWA scenario, laying the foundation for Bhutan's digital financial system and potentially influencing industry standards.

Gate News Bot Message, December 11th, according to CoinMarketCap data, DOGE (Dogecoin) is currently priced at $0.14, down 5.72% in the past 24 hours, with a high of $0.15 and a low of $0.14. The 24-hour trading volume reached $1.714 billion. The current market cap is approximately $21.104 billion, a decrease of $1.280 billion compared to yesterday. Dogecoin is an open-source peer-to-peer digital currency built on blockchain technology, representing a highly secure decentralized system. Its core idea is as an unexpectedly born cryptocurrency movement aimed at making people smile. The Dogecoin community adheres to the unofficial slogan "Do Only Good Every Day," focusing on mutual support, spreading cryptocurrency knowledge, charitable donations, and community building. As one of the few cryptocurrencies used as money since its inception, Dogecoin has real monetary utility with extremely low transaction fees. The Core wallet version 1.14.9 has been released, offering updates and improvements.

Gate News Bot message, December 11th, according to CoinMarketCap data, as of press time, FHE (Mind Network) is currently trading at $0.06, up 31.38% in the past 24 hours, with a high of $0.06 and a low of $0.01. The 24-hour trading volume reached $34.4 million. The current market capitalization is approximately $20.6 million, an increase of $4.93 million from yesterday. Mind Network is a pioneer in Fully Homomorphic Encryption (FHE) infrastructure, dedicated to building a completely encrypted internet. Its core technology, FHE, is regarded as the "Holy Grail" of cryptography, built on lattice cryptography, and has been recognized by NIST as an approved post-quantum cryptographic standard in 2024.

After weeks of bipartisan negotiations, the legislation on cryptocurrency market structure in the U.S. Senate has yet to make substantial progress. Democrats submitted the latest counterproposal, accepting some Republican framework, but insisting on major reforms in financial stability, market integrity, national security enforcement, and digital asset conduct for public officials. These disagreements indicate that there is still no consensus within the Senate on the core regulatory framework of the bill. Key points of contention include digital asset information disclosure, secondary market protections, tools for illegal financial identification and suppression, compliance obligations for decentralized platforms, and restrictions on stablecoin yields. Democrats are also pushing for strict ethical standards to prevent elected officials from profiting through cryptocurrency projects, which is closely related to controversies involving investments by the Trump family. However, the White House has vetoed some ethical provisions and Democratic nomination requirements, further complicating negotiations.

Gate News Bot message, December 11th, according to CoinMarketCap data, TRUTH (Swarm Network) is currently priced at $0.02, up 152.17% in the past 24 hours, with a high of $0.03 and a low of $0.01. The 24-hour trading volume reached $28.9 million. The current market cap is approximately $47.4 million, an increase of $2.86 million from yesterday. Swarm Network is a multi-agent collaboration and decentralized real verification platform dedicated to building a trust layer for the Web3 ecosystem through the Truth Protocol. The network combines decentralized AI agent groups, cryptographic technologies, and zero-knowledge proofs to provide real-time arbitrary data verification capabilities for dApps. Core features include: real-time data stream processing using a hybrid verification system, developed by

Golden Finance reports that Lead Bank, focusing on financial technology, has included Loop Crypto as a core member, aiming to expand stablecoin and payment services. After undergoing a transformation, Lead Bank secured $70 million in Series B funding, reaching a valuation of $1.47 billion.

BlockBeats News, December 10 — After investing hundreds of billions of dollars to build the most expensive team in tech history for months, Meta CEO Zuckerberg is now deeply involved in daily R&D and is pushing the company's strategy toward directly monetizable AI models. According to sources, a new model codenamed "Avocado" is expected to be released in Spring 2026 and may be launched in a closed-source manner (i.e., strictly controlled by Meta and sold for access). This move marks a significant deviation from Meta's long-standing advocacy of an open-source approach. Zuckerberg is dedicating a large amount of time to a core team called TBD Lab, which, during the training of Avocado, even integrated third-party models including Google Gemma, OpenAIgpt-oss, and Alibaba Qwen. Meanwhile, M

According to Gate News Bot news, on December 10, according to CoinMarketCap, as of press time, XAI (Xai) is currently trading at $0.02, up 13.48% in 24 hours, with a 24-hour trading volume of $24.2 million. The current market capitalization is approximately $35.4 million, an increase of $4.2 million from yesterday. Xai is a Layer 3 gaming blockchain network built on Arbitrum, dedicated to bringing the scale capabilities of Steam and Epic Games to Web3 games. The platform provides core technical tools such as Network, Connect, and Builder to help developers easily deploy on-chain game assets. The Xai ecosystem has now gathered a number of innovative games such as Planet X, Riftstorm, and My Angry Yakuza Girlfriend, and has set up a $100 million game incentive fund to support developers. Additionally, the platform launched the Vanguard League competitive league, offering exclusive rewards to players who earn elite achievements in deploying games on the Xai chain.

Digital asset market maker Wintermute released a report stating that the current cryptocurrency market is undergoing deep consolidation, with liquidity recycling being the core driver. Funds are withdrawn from high-risk assets, concentrated in Bitcoin and Ethereum, and investors tend to "take risks at the right time."

Michael Saylor recently proposed a financial reform plan for the Middle East at the Bitcoin MENA conference, with the core concept of creating a "zero-volatility, high-yield digital bank account" supported by Bitcoin to attract huge low-yield capital around the world. He pointed out that institutional funds in Japan, Europe, Switzerland and other regions have been trapped in a low-interest rate environment for a long time and lack significant returns, which is an opportunity for Bitcoin to become a new type of financial infrastructure. Rather than attracting funds from the crypto community, Saylor proposed a design goal to restructure the global sovereign bond and corporate bond markets of $20 trillion to $50 trillion. He emphasized that current investors are forced to choose high-risk credit products simply because traditional bank accounts cannot provide sufficient yields. The solution he proposed is for regulated banks to launch digital accounts with 8% yields, backed by Bitcoin, making them global capital hubs in the new era.

Andrew Tate recently posted on social platforms, questioning MicroStrategy's purchase of about 10,000 Bitcoins but failing to drive the price up, a statement that quickly sparked heated discussions in the Bitcoin community. Despite the staggering size of this nearly $1 billion purchase, the Bitcoin price remained in the $88,000 to $92,000 range before and after the announcement, with little market reaction. The discussion focused on a key question: Why didn't such a huge buying order drive spot prices? Industry insiders pointed out that the core reason is that micro strategies usually do not execute buy orders through the open market, but rely on over-the-counter (OTC) to complete large orders. OTC platforms privately match buyers and sellers to complete huge transactions off-chain, avoiding impact on the order book and leaving no traces on the price chart.

According to Gate News Bot, as of December 10, based on CoinMarketCap data, PIPPIN (pippin) is currently trading at $0.30, up 65.68% in 24 hours, reaching a high of $0.34 and a low of $0.14. The 24-hour trading volume has reached $132 million. The current market capitalization is about $303 million, an increase of $120 million compared to yesterday. Pippin is a project called "Wobbly Worlds" that aims to create a space full of gentle whimsy, shaping a unique community experience through kind words and unseen connections. The core of the project includes a token mechanism, a unicorn character named Pippin with its magical setting, and a technical framework built on BabyAGI. # Recent important PIPPIN news: 1

According to Gate News Bot on December 10, citing CoinMarketCap data, as of press time, NIL (Nillion) is trading at $0.08, up 18.53% in the past 24 hours, reaching a high of $0.09 and a low of $0.07, with a 24-hour trading volume of $32.5 million. The current market capitalization is approximately $22.5 million, an increase of about $3.52 million compared to yesterday. Nillion is a decentralized privacy computing network dedicated to providing secure and confidential solutions for handling sensitive data. The network processes data through a distributed trust mechanism, similar to the decentralized approach of blockchain for transactions. Nillion’s core application areas include: in the AI field, supporting secure and confidential execution of model training and inference; in DePIN

According to a Gate News Bot message on December 10, citing CoinMarketCap data, as of press time, AXL (Axelar) is currently trading at $0.13, up 18.29% in the past 24 hours, with a high of $0.14 and a low of $0.11. The 24-hour trading volume has reached $37.8 million. The current market capitalization is approximately $142 million, an increase of $21.9 million compared to yesterday. Axelar is a cross-chain network platform that connects institutions with the entire on-chain ecosystem, providing a channel for institutions through a single integrated interface. The platform supports token issuance, trading, and yield generation across more than 80 blockchains. Axelar's core products include Interchain Token Service (ITS), Fullport institutional trading access, and more, enabling users to achieve "deploy once, scale everywhere" multi-chain distribution, with built-in compliance and liquidity routing features.

Caldera announced that its Metalayer network has launched the Horizen privacy mainnet, introducing privacy protection to the Caldera ecosystem for the first time. This mainnet combines zero-knowledge proofs and EVM compatibility, supporting privacy infrastructure for cross-chain applications and allowing other Caldera rollups to integrate Horizen, ushering in a new "privacy-as-a-service" model.