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Airdrop

An Airdrop is a distribution of free tokens to a community, typically used as a marketing tool or a reward for early protocol adopters and testers. In 2026, the "points-to-airdrop" model has matured into merit-based incentive programs that utilize Sybil-resistance and Proof-of-Humanity to filter out bots. Airdrops remain a primary method for decentralized governance (DAO) bootstrapping. Follow this tag for the latest on retroactive rewards, eligibility criteria, and how to participate in the most anticipated token distributions in the ecosystem.

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Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
PA Daily | Probability of Fed Rate Cut in December Rises to 81%; Q3 Crypto Venture Capital Hit Second High Since FTX Crash

PA Daily | Probability of Fed Rate Cut in December Rises to 81%; Q3 Crypto Venture Capital Hit Second High Since FTX Crash

Today's top news highlights: Federal Reserve Bank of Canada President Tom Daly expressed support for a December rate cut, subsequently raising the probability of a December rate cut to 81%. VanEck has submitted a revised registration document for its BNB ETF, with the ticker symbol set as VBNB. Sandisk will be included in the S&P 500 index, while Strategy has once again been left out. James Wynn predicts that BTC may reach $67,000 this week. Venture capital investment in the crypto industry reached $4.65 billion in Q3, the second highest since the FTX crash. Framework, an investor in Berachain, may have suffered a paper loss of over $50.8 million on its BEA holdings. Macro Shanghai Blockchain Innovation Fund Inaugurated According to the Science and Technology Innovation Board Daily, at the 2025 Global Digital Commerce Conference, the Shanghai Blockchain Innovation Fund was officially launched. Simultaneously, Shanghai and Singapore jointly released their cooperative achievements on mutual recognition of digital identity and electronic authentication documents. The Mineral Data Overseas Export Standard Innovation Consortium was also launched, and blockchain letter of credit application scenarios were officially introduced. Furthermore, Shanghai Data Group and the National Data Development Research Institute jointly compiled and released the "White Paper on the Construction and Operation of Industry Trusted Data Space Based on Unified Data Infrastructure." VanEck has submitted a revised registration document for its BNB ETF, with the ticker symbol set as VBNB. According to filings with the U.S. Securities and Exchange Commission (SEC), VanEck submitted a revised Form S-1 Amendment No. 2 on November 21, 2025, for its BNB ETF registration statement. This ETF aims to track the price performance of BNB and is planned to be listed on Nasdaq under the ticker symbol VBNB. The fund currently does not engage in BNB pledging; any future pledging activities will be conducted through a third-party service provider, with investors notified in advance. Previous market reports indicated that the VanEck BNB ETF was registered in Delaware. Sandisk will be included in the S&P 500 index, while Strategy has once again been left out. According to Morningstar, S&P Dow Jones Indices announced Monday evening that computer storage device manufacturer Sandisk Corp. will officially join the S&P 500 index on November 28. The company will be moved from the S&P Small Cap 600 index to the S&P 500, replacing Interpublic Group of Companies Inc. (ticker symbol: IPG), a company in the advertising and marketing sector. Furthermore, Sandisk beat out Bitcoin treasury company Strategy (ticker symbol: MSTR), which recently qualified for inclusion in the S&P 500. Strategy had previously failed to qualify in the September 2025 quarterly review. Galaxy Digital is exploring becoming a market maker on prediction markets Polymarket and Kalshi. According to Bloomberg, Galaxy Digital Inc. is in talks with Polymarket and Kalshi Inc. to become liquidity providers on their platforms, as prediction markets continue to gain traction, attracting retail demand and Wall Street interest. Galaxy Digital founder Mike Novogratz stated in an interview that Galaxy Digital has always focused on providing crypto infrastructure services to institutional clients. By becoming a market maker on these prediction trading platforms, the company would offer regular quotes, thereby improving the platforms' liquidity. He said, "We are currently testing market-making in prediction markets on a small scale, but I believe that eventually you will see us offering broader liquidity support." Federal Reserve Bank of Canada President Tom Daly expressed support for a December rate cut, subsequently raising the probability of a December rate cut to 81%. According to a report by the Wall Street Journal cited by Jinshi, San Francisco Federal Reserve President Mary Daly, a 2027 FOMC voting member, stated that she supports a rate cut next month because she believes the possibility of a sudden deterioration in the labor market is greater and more difficult to control than a sudden surge in inflation. In an interview on Monday, she said, "I'm not confident we can get ahead in the labor market. The labor market is fragile enough right now, and the risk lies in non-linear changes." She indicated that the risk of an inflationary surge is lower by comparison because tariff-driven cost increases are much more moderate than expected earlier this year. Daly's views are noteworthy, as although she does not have a vote on monetary policy this year, she rarely disagrees with Fed Chairman Jerome Powell in public. At the December 9-10 meeting, Daly is likely to play a key role in resolving the disagreement within the interest rate-setting committee regarding whether to cut rates or pause rate hikes. Following Daly's remarks, CME's FedWatch tool showed an 81% probability of a 25 basis point rate cut in December (compared to 69.4% yesterday), and a 19% probability of keeping rates unchanged. The probability of the Federal Reserve cutting interest rates by a cumulative 25 basis points by January next year is 65.2%, the probability of keeping interest rates unchanged is 14.1%, and the probability of cutting interest rates by a cumulative 50 basis points is 20.6%. Opinion James Wynn predicts that BTC may reach $67,000 this week. Cryptocurrency analyst James Wynn stated on social media that Bitcoin could reach $67,000 by the end of this week or earlier. He believes there is strong support and buying pressure in this price range, and the probability of this aligning with market trends is high. However, he emphasized that this is only a probability-based prediction, and market uncertainty remains. Previously, data showed that Huang Licheng was liquidated 71 times on Hyperliquid in November, followed closely by James Wynn and Andrew Tate with 26 and 19 liquidations respectively. TD Cowen: Strategy's Bitcoin premium is nearing the lows of the "crypto winter," but we maintain our buy rating. According to The Block, a recent report by TD Cowen indicates that Strategy's Bitcoin premium continues to decline and is currently "approaching the lows of the 2021-2022 'crypto winter'." The report includes two updated premium charts (one looking back to 2020 and the other covering the last 12 months), showing that Strategy did not issue new shares or purchase new Bitcoin through an market offering (ATM) yesterday, a move that has drawn renewed attention to its current premium level. The charts show that the current premium has fallen significantly from its peak at the end of last year and is gradually compressing to levels seen in late 2021 and early 2022. Despite this, TD Cowen maintains a bullish stance on MSTR, keeping its buy rating and $535 price target (approximately 200% higher than Strategy's current share price of around $180), believing that "achieving this target within a year is reasonably achievable." The report states, "We have not adjusted our base Bitcoin price forecast. We expect Strategy to hold 815,000 Bitcoins by the end of fiscal year 2027, estimating its holdings value to exceed $185 billion by December 2027, or an intrinsic value of approximately $540 per share. The target price of $535 reflects zero premium to the intrinsic value per share in December 2027." The report also emphasizes that the risk of Strategy being removed from the MSCI index has already put downward pressure on its share price, and it anticipates the company will be removed from the index and continue to face pressure under the shadow of MSCI inclusion. Project Updates Binance Alpha will delist CELB and AIBOT tokens due to issues related to over-issuance of tokens. According to Binance's official Chinese-language announcement, due to on-chain data showing that the circulating supply of CELB and AIBOT tokens exceeded the project's original unlocking plan, Binance Alpha will delist these two assets at 17:00 (UTC+8) on November 25, 2025. Holders will be converted to USDC at the closing price on November 24, 2025: 1 CELB = 0.00007042 USDC and 1 AIBOT = 0.00042472 USDC respectively, and the funds will be transferred to their spot accounts within 3 days. Binance stated that if the project team is confirmed to have engaged in illegal activities, it will take further action. Pump.fun's co-founders denied that the project cashed out USDC through Kraken. In response to Lookonchain's claim that "Pump.fun has cashed out at least 436.5 million USDC through Kraken since October 15th," Pump.fun co-founder Sapijiju stated: "This is completely false. Pump.fun has never cashed out (i.e., the transactions between Kraken and Circle that Lookonchain alleges Pump.fun is involved in). The actual situation is that this is part of Pump.fun's fund management; the USDC obtained from the PUMP ICO has been transferred to different wallets to reinvest the company's operating funds into its business. Pump.fun has never directly cooperated with Circle." OKX announced the launch of Dash (DASH). OKX has announced the listing of Dash (DASH), with the following details: DASH deposits will open at 17:00 on November 25, 2025. Users can place orders in advance between 19:00 and 20:00 on November 26, 2025. DASH/USDT spot trading will officially open at 20:00 on November 26, 2025, and withdrawals will open at 22:00 on November 26, 2025. MegaETH announced that the USDm pre-deposit channel will open at 22:00 today. MegaETH announced on its X platform that the USDm pre-deposit channel will open today at 22:00 (UTC+8). The website will be online approximately one hour before the opening for Sonar validation, with a limit of $250 million. Depositors will receive USDm tokens on the MegaETH mainnet in December. Previously, it was reported that MegaETH would launch a pre-deposit cross-chain bridge on November 25th, with a total cap of $250 million. Binance Alpha will list SUPERFORTUNE (GUA) According to an official announcement, Binance Alpha will list SUPERFORTUNE (GUA) on November 27th. Eligible users can claim the airdrop using Binance Alpha Points on the Alpha event page after trading opens. More details will be announced soon. Binance Alpha has listed the cheesy penguin and BNBHolder tokens. According to information on the official page, Binance Alpha has listed the cheesy penguin and BNBHolder tokens. Lighter: Spot trading testnet is now live. Cryptocurrency trading protocol Lighter announced on the X platform that its spot trading testnet is now live and welcomes trader feedback to help prepare for the mainnet launch. Previously, on November 11th, Lighter announced it had completed a $68 million funding round, led by Founders Fund and Ribbit Capital. Berachain co-founders denied offering a "special refund right," stating that the relevant terms were compliant and precedents in the industry. Regarding the claim that "Brevan Howard's subsidiary Nova Digital has a $25 million refund right to its investment in Berachain," Smokey the Bera, an anonymous co-founder of Berachain, responded on the X platform: "This malicious smear article is neither complete nor accurate. The facts are as follows: 1. A year ago, Brevan..." Howard led the Series B funding round through Nova's Abu Dhabi office, with investment terms identical to all other investors; Nova had proactively contacted Howard several months prior to lead the round. 2. Nova's compliance team requested an additional clause to prevent Berachain from failing to complete its TGE and go public, thus disqualifying the locked BERA tokens purchased during the funding round from becoming eligible investments through Nova's liquidity strategy. Therefore, a supplemental agreement was signed, committing Nova to undertake additional business arrangements, including an agreement to provide liquidity after the network launch; this agreement was not intended to enter into deals with uninterested parties or to mitigate post-launch losses, as such practices have precedent. 3. On the contrary, Nova remains one of Berachain's largest token holders, a liquidity provider, holding the locked BERA tokens from the Series B funding round as well as the liquidity tokens BERA purchased on the open market, consistently supporting us and increasing its holdings over time. Talus: Launches LP-based airdrop mechanism; pre-registration portal now live. The Talus Foundation announced on the X platform that it will launch an LP-based airdrop mechanism. Talus will airdrop yield-generating liquidity positions in the form of yUS tokens. yUS is a fungible token that encapsulates automated liquidity provision strategies for the US-USDC trading pool on Momentum DEX through the NODO AI Vault. Participants in the Talus Token Generation Event (TGE) community airdrop include Tally NFT holders (snapshot EDT time November 17th, 10:00), community center participants (top 500 on the leaderboard in Q1, Q2, and Q3, and holding a Talizen Discord role), participants in the Korea Blockchain Week (KBW) event, active Talus Kaito users, and Kaito stakers. The airdrop process is as follows: Phase 1: Pre-registration (November 24th - November 28th). All eligible recipients must complete pre-registration during this period to qualify. The relevant website is already online. Phase 2: Claim (to be announced). All registered recipients must claim their rewards within this three-day window. No exceptions will be made for late applications. Previously, in September, it was reported that TalusNetwork, a decentralized AI agent infrastructure layer, had raised over $10 million in funding. Irys: The IRYS token airdrop application will begin at 20:00 today. Irys, a programmable data chain platform, announced on the Galxe platform that the IRYS token airdrop application link is now live. The application period is from 20:00 Beijing time on November 25th to 20:00 on December 25th, with a snapshot time of November 11th. Furthermore, Irys stated that the top 10,000 participants on Galxe will receive the airdrop; all Genesis NFT holders who have previously registered for the airdrop are eligible. Previously, Irys announced the IRYS token economics: 20% initial circulating supply, with 8% allocated to the airdrop and future incentives. Coinbase will launch spot trading for Fluid (FLUID) and World Mobile Token (WMTX). According to an official announcement, Coinbase will launch spot trading for Fluid (FLUID) and World Mobile Token (WMTX). In supported trading regions, the FLUID-USD and WMTX-USD trading pairs will open on or after 01:00 Beijing time on November 26, 2025, provided liquidity conditions are met. Fluid (FLUID) and World Mobile Token (WMTX) will be available for trading on the coinbase․.com website, the Coinbase app, and the Coinbase Advanced platform. Institutions can trade Fluid (FLUID) and World Mobile Token (WMTX) directly through the Coinbase exchange. Important data A major whale has continued to add $22.2 million to its short position in HYPE, bringing the current short position size to $67 million. According to social media user MLM, a major whale has continued to increase its short position in HYPE after a previous liquidation, adding approximately 700,000 HYPE tokens (worth $22.2 million), pushing its liquidation range to $33.37 to $33.57, only about 5% higher than the current price. Currently, this whale's total short position has reached 2.1 million HYPE tokens (worth $67.1 million), using $6.9 million in margin, and it continues to increase its position. Previous reports indicated that Hyperliquid will unlock $308 million worth of HYPE on November 29th, representing 2.66% of the circulating supply. An Ethena Labs-affiliated wallet purchased 25 million ENA tokens from Bybit, worth $6.7 million. According to Onchain Lens monitoring, a wallet associated with Ethena Labs purchased 25 million ENA tokens from Bybit, worth $6.7 million. This wallet currently holds 285.15 million ENA tokens, with a total value of $76.46 million. Bitcoin spot ETFs saw a total net outflow of $151 million yesterday, with only Fidelity FBTC experiencing a net inflow. According to SoSoValue data, Bitcoin spot ETFs saw a total net outflow of $151 million yesterday (November 24th, Eastern Time). The Bitcoin spot ETF with the largest single-day net inflow was the Fidelity ETF (FBTC), with a net inflow of $15.4865 million. FBTC's historical total net inflow has reached $11.814 billion. The Bitcoin spot ETF with the largest single-day net outflow was the BlackRock ETF (IBIT), with a net outflow of $149 million. IBIT's historical total net inflow has reached $62.554 billion. As of press time, the total net asset value of Bitcoin spot ETFs is $116.202 billion, with an ETF net asset value ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.54%. The historical cumulative net inflow has reached $57.484 billion. After a year of silence, a whale withdrew 10,026 ETH from Binance, worth $29.16 million. According to Onchain Lens monitoring, a whale withdrew 10,026 ETH from Binance after a year of silence, worth $29.16 million. The 40.71 million TRX previously purchased by WLFI have been transferred to HTX in the past 10 hours. According to on-chain analyst @ai_9684xtpa, the 40.71 million TRX previously purchased by WLFI has been deposited into HTX in the past 10 hours, with the purpose unknown. Ten months ago, WLFI purchased $40.17 million worth of TRX at an average price of $0.2415, totaling $9.85 million. Yesterday, WLFI Strategic Reserve conducted a small test transfer of 147 TRX to address 0x6A2...C99c9, which was subsequently deposited into HTX. Ten hours ago, all 40.68 million TRX were transferred and deposited into HTX in batches, worth $11.23 million. WLFI previously purchased a basket of tokens including LINK/AAVE/ENA/MOVE/ONDO, which were also deposited into Coinbase, claiming it was "not a sale, but a reallocation of assets for daily business purposes." However, this is the first time they have deposited into HTX. Zhao Changpeng denied that Jackie Chan would portray him in a documentary. In response to rumors that Jackie Chan would play Zhao Changpeng in the upcoming Netflix biographical documentary "The Crypto King," Zhao Changpeng denied the rumors, saying, "That's false. I like Jackie Chan, but he's 71 years old. Let him go! I'm still working hard to finish this book. The last 5% of editing always takes up 95% of the time." Investment and Financing/Acquisition Venture capital investment in the crypto industry reached $4.65 billion in Q3, the second highest since the FTX crash. According to a report by Cointelegraph, a research report released by Galaxy Digital on Monday shows that total venture capital investment in the crypto industry reached $4.65 billion in the third quarter of 2025, a 290% increase quarter-over-quarter, marking the second-highest level since the FTX crash in 2022 (the highest being $4.8 billion in the first quarter of this year). A total of 414 deals were completed this quarter, with seven large deals, including Revolut's $1 billion funding round and Kraken's $500 million funding round, accounting for half of the total funding. US companies received 47% of the investment, while Singaporean and UK companies received 7.3% and 6.8%, respectively. Research Director Alex Thorn pointed out that stablecoins, AI, and blockchain infrastructure continue to attract capital, but as the industry matures, the proportion of pre-seed investments is gradually declining. Venture capital activity in the past two years has remained lower than the levels seen during the 2021-2022 bull market. Thorn analyzed that factors such as the waning popularity of gaming and NFT sectors, the diversion of funds to the AI sector, and the interest rate environment have collectively led to a stagnation in venture capital. Meanwhile, compliant investment channels such as spot ETFs are competing with traditional venture capital for institutional funds. Brevan Howard has reportedly received a $25 million "refund right" on his investment in Berachain. According to The Block, Unchained columnist Jack Kubinec revealed in his latest report that Brevan Howard's venture capital investment in Berachain was virtually "risk-free." Documents released this Monday show that Berachain granted Brevan's crypto investment subsidiary, Nova Digital, a special right—a one-year refund guarantee on its $25 million Series B funding round. This means that although Brevan co-led a $69 million funding round for Berachain at a $1.5 billion valuation, it can still recover its entire investment after the token generation event on February 6th. This right is reportedly valid until February 6th, 2026. Kubinec stated in the report: "This refund clause completely protects Brevan's fund principal from risk, which is very different from traditional venture capital models. If Berachain's BERA token performs well, the fund will obtain excess returns; if the token performs poorly, the fund can exercise its refund right." Currently, the BERA token is trading at approximately $1, a drop of about 67% from Brevan's investment cost of $3. According to The Block data platform, the token's fully diluted valuation is currently $536.7 million. The Series B funding round was led by Framework Ventures, with participation from Arrington Capital, Hack VC, Polychain, and Tribe Capital. Berachain also completed a $42 million Series A funding round in 2023. It is currently unclear whether other investors also have a refund right. Framework, an investor in Berachain, may have suffered a paper loss of over $50.8 million on its BEA holdings. According to Unchained, as of the end of Q2 2025, Framework Ventures' $72.4 million investment in Berachain's Series B funding round, which acquired 21,145,476 BRA tokens, has resulted in a paper loss of over $50.8 million at current prices. Framework Ventures and Brevan Howard's Nova Fund reportedly co-led Berachain's Series B funding round. Previously, it was reported that Brevan Howard had a $25 million "refund right" on his Berachain investment; however, Berachain co-founders subsequently denied granting Brevan Howard a "special refund right," stating that the terms were compliant and precedent in the industry. Exodus will acquire W3C Corp, the parent company of Baanx and Monavate, for $175 million. According to CoinDesk, crypto wallet company Exodus Movement (NYSE American: EXOD) is acquiring W3C Corp, the parent company of cryptocurrency card and payment companies Baanx and Monavate, for $175 million. The deal is funded by the company's existing cash and financing provided by Galaxy Digital, using Exodus's Bitcoin holdings as collateral. Baanx and Monavate have been working with institutions such as Visa, Mastercard, and MetaMask to develop cryptocurrency cards and user-controlled Web3 payment services. Overall, this transaction will make Exodus one of the few self-custody wallet providers capable of controlling the entire payment experience from wallet to card. Exodus stated that it will take over the underlying card and payment technology stack and gain the ability to issue payment cards through networks such as Visa, Mastercard, and Discover, while expanding its operations to the US, UK, and EU to support new products and partnerships. Exodus also stated that this infrastructure is expected to enhance the capabilities of enterprise clients whose customers transact through Exodus's XO Swap application. The transaction is subject to regular adjustments and approval processes and is expected to be completed in 2026. Institutional holdings AVAX One disclosed that it spent $110 million to increase its holdings of AVAX tokens, bringing its total holdings to 13.8 million tokens. According to Cryptopolitan, Nasdaq-listed AVAX One announced that between November 5th and November 23rd, 2025, it spent $110 million to purchase 9,377,475 AVAX tokens, with a weighted average purchase price of $11.73 per token. This brings its total AVAX token holdings to over 13.8 million, worth approximately $193 million at current token prices. AVAX One has retained approximately $35 million in cash for further token purchases and share buybacks. Multicoin Capital purchased $10.94 million worth of AAVE tokens today. According to on-chain analyst Ember, Multicoin Capital continued to purchase AAVE today through Galaxy Digital. Over the past month and a half, they have acquired 278,000 AAVE (US$49.52 million) at an average price of US$228, resulting in a paper loss of US$13.9 million. After the sharp drop on October 11th, they purchased 210,000 AAVE (US$51.32 million) at US$244; today they purchased 61,637 AAVE (US$10.94 million) at US$177. Strategy has not yet disclosed relevant data, and may not have increased its BTC holdings last week. Michael Saylor, founder and executive chairman of Strategy (formerly MicroStrategy), posted a chart with the caption "Probably Nothing," showing that Bitcoin-backed credit market trading volume has been steadily increasing since mid-September, reaching nearly $20 million in the week ending November 17-21, a 50.8% increase from the previous week. $STRC (Strike) was the main contributor, exceeding $10.51 million, followed by $STRD, $STRF, and $STRK. Historically, Strategy typically discloses its Bitcoin holdings data for the previous week on Mondays. As of now, Strategy's official website has not released any relevant data, suggesting that it may not have increased its BTC holdings last week. BitMine increased its holdings by nearly 70,000 ETH last week, bringing its total holdings to 3,629,701 ETH, representing 3% of the total ETH supply. BitMine Immersion Technologies (NYSE: BMNR) added 69,822 ETH to its holdings last week, bringing its total holdings to 3,629,701 ETH, worth approximately $10.2 billion, representing 3% of the total ETH supply. Enlivex plans to raise $212 million to purchase Rain tokens, aiming to create a digital asset vault for prediction markets. According to The Block, Nasdaq-listed biopharmaceutical company Enlivex Therapeutics announced it will raise $212 million through a PIPE private placement to purchase Rain tokens as the core reserve for its Digital Asset Vault (DAT), claiming the project is the first DAT built around a prediction market token. Rain is a decentralized prediction market protocol on the Arbitrum blockchain. Following the completion of this fundraising, former Italian Prime Minister Matteo Renzi will join the Enlivex board of directors.

Author: PANews

2025/11/25

What’s Next For Monad (MON) Price After 35% Surge?

What’s Next For Monad (MON) Price After 35% Surge?

The post What’s Next For Monad (MON) Price After 35% Surge? appeared on BitcoinEthereumNews.com. Monad’s MON token had an unusually strong launch. It jumped more than 35% within a day, even though most new airdrop-led TGEs fall quickly in weak markets. But the early excitement is slowing. Possible selling from airdrop claims, reduced perp exposure, and soft volume now put short-term pressure on the Monad price prediction chart. With almost no long-term history, MON still trades in launch conditions, so short-term signals matter more than usual. Sponsored Sponsored Perp Traders Turn Bearish? Perpetual positions are the cleanest early signal for MON because most fresh liquidity flows through perps during the first days of trading. These moves often lead the Spot price, especially when volatility is high. In the past 24 hours, the bias has turned bearish. Top 100 addresses or mega whales cut net long exposure, a 118% drop, which shows they are closing long positions faster than before. A 118% drop means net long positions flipped negative, showing strong position cuts. Smart Money remains in a negative position of $103.94 million (short-biased), a sharp 628% decline, which signals a strong bearish tilt from the most efficient traders. Whales remained net negative, but they showed one positive shift with a 676% increase in long-side adjustments. This doesn’t flip the bias, but it reduces the downside weight slightly. Do note that despite the increase, the net whale positions are short-biased. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. Sponsored Sponsored MONAD PERPS: Nansen Together, these changes show that aggressive players are trimming upside risk while volatility stays high. That sets the tone for the rest of the price analysis. Big-Money Flow Weakens on the 1-Hour Chart Because MON launched on November 24 and has very little history, the one-hour chart is the best way to read early strength or…

Author: BitcoinEthereumNews

2025/11/25

The New Battleground for Parallel EVMs: A Look at 12 Emerging Forces in the Monad Ecosystem

The New Battleground for Parallel EVMs: A Look at 12 Emerging Forces in the Monad Ecosystem

Author: Jae, PANews Monad, the high-performance public blockchain that the community has been eagerly anticipating this year, has finally launched. On the evening of November 24th, the Monad mainnet and MON token officially launched. Previously, as Coinbase's first Launchpad project, it attracted 85,820 participants who invested $269 million. Even in a sluggish market environment, the oversubscription of the Monad token sale demonstrates its ability to attract funds and its popularity. As a leader in the parallel EVM track, Monad has been touting a throughput promise of up to 10,000 TPS (transactions per second) and a final confirmation time of 1 second. Now, it's time for the market to put its claims to the test. For Paradigm, another major investment in the public blockchain sector, Monad serves as a litmus test for its investment capabilities in the crypto market. Whether it can redeem itself from Blast's previous failure will depend on this battle. The value of a high-performance public blockchain will depend on the carrying capacity of its ecosystem. Unlike strategies that simply rely on "copying and pasting" existing EVM applications, Monad has attracted a number of emerging projects seeking to leverage its high-frequency trading capabilities thanks to its unique technical architecture. The Monad ecosystem comprises 304 protocols, 77 of which are proprietary, with DeFi protocols accounting for over 60%. PANews has compiled a list of representative emerging projects within the Monad ecosystem, considering factors such as Monad exclusivity, investment institutions, and project activity. These projects cover DeFi, Launchpad, prediction markets, DeAI, and DePin, among others. However, Monad is still in the early stages of ecosystem development, with many projects still in testing or early interaction phases. Users should be aware of potential risks before participating. Mynt (USDm) Mynt (USDm) is a zero-knowledge proof stablecoin protocol powered by Succinct's SP1 zkVM (Zero-Knowledge Virtual Machine) and incorporating a collateralized minting model. Users can mint USDm using MON tokens as collateral while earning yield from reserve assets. Mynt prioritizes verifiable privacy, collaborating with Fairblock to use additive homomorphic encryption (PHE) and multi-party computation (MPC) to encrypt transaction amounts, avoiding the risk of front-running. Mynt also introduced the concept of "state liquidity." Thanks to ZK technology, USDm can achieve seamless combination of rents across different protocols, meaning that users do not need to frequently transfer tokens between different DeFi protocols; liquidity can be reused and verified simply through state proofs. During the testnet phase, Myn processed over 1 million transactions, generating $250,000 in revenue. Kintsu Kintsu is positioned as a liquidity staking protocol focused on maximizing capital efficiency. Users who stake MON receive sMON, a circulating token that accumulates staking rewards over time. The sMON token model is designed for deep DeFi integration. By allowing sMON to circulate and trade across various DeFi applications, Kintsu not only maintains the liquidity of staked assets but also allows users to deploy assets to yield markets without sacrificing the base staking rewards. Since its mainnet launch, Kintsu has demonstrated a strong early lead, with a TVL of 17.5 million MON (approximately $540,000) and 605 sMON holders. The protocol previously secured $4 million in seed funding led by Castle Island Ventures. Magma Magma is a liquidity staking platform that allows users to earn circulating staking tokens (gMON) by staking MON tokens. gMON not only represents staking rewards but is also composable, serving as collateral across various dApps (decentralized applications) within the Monad ecosystem for activities such as lending and trading. Since its mainnet launch, Magma's TVL (Total Value Locked) has exceeded 7.13 million MON (approximately $200,000), with over 800 gMON holders across 800 unique addresses and over 1,000 transactions. The protocol previously secured $3.9 million in seed funding from investors including Animoca Ventures. Kuru Kuru is a CLOB DEX (Centralized Order Book Decentralized Exchange) that executes entirely on-chain. Its unique feature lies in leveraging Monad's parallel execution and low latency to provide a CEX-like user experience while maintaining self-custody. Kuru's design allows market makers to place and cancel limit orders at high frequency with low, constant gas costs, addressing the core pain points of traditional DEXs in efficiency and price discovery. Keone Hon, co-founder and CEO of Monad Labs, has stated that Kuru can help DEXs narrow the execution gap with CEXs. After its mainnet launch, Kuru's TVL quickly surpassed $1.4 million, with 24-hour trading volume exceeding $11 million, generating approximately $9,000 in protocol revenue. Kuru previously secured $2 million in seed funding led by Electric Capital and $11.5 million in Series A funding led by Paradigm. Perpl Perpl is a full-chain Perp DEX (decentralized perpetual contract trading platform) built on Monad, and it also adopts the CLOB model. Derivatives trading has extremely high requirements for real-time price feeds, settlement, and margin; any delay can lead to high slippage or liquidation risks. The protocol leverages Monad's high throughput and sub-second finality to ensure that the entire process of order matching and trade execution can be completed on-chain, thereby eliminating reliance on centralized components such as off-chain sorters and further improving the transparency and efficiency of trading. Perpl previously secured $9.25 million in funding led by Dragonfly. Mu Digital Mu Digital is an RWA (Real-World Asset) platform designed to bring the Asian credit market on-chain, aiming to tokenize Asia's $20 trillion credit market. The protocol offers two main risk-tiered products: 1) AZND (Asian Dollar): a premium risk-tiered product backed by high-quality Asian credit instruments, offering a native yield of 6% to 7% upon launch; 2) muBOND: a basic risk-tiered product designed to provide enhanced yields of up to 15% for users seeking higher returns. The protocol had secured $1.5 million in pre-seed funding, with investors including traditional financial institution UOB Venture Management. Mu Digital launched its mainnet simultaneously, with muBond TVL (total value locked) reaching $20 million and AZND TVL reaching a staggering $80 million. Castora Castora is a decentralized P2P (peer-to-peer) prediction market, similar to platforms like Polymarket and Kalshi. It allows users to place P2P bets on real-world events, such as elections or sporting events, and settles the bets on-chain. The protocol leverages Monad's low latency to achieve real-time odds updates. Unlike traditional order book-based prediction markets, Castora employs a pool-based betting model. Users pay an "entry fee" to enter a specific prediction pool, and the system determines the winner at snapshot time. The user whose prediction is closest to the actual outcome wins the prize pool. Compared to order book-based prediction markets, Castora's mechanism is more similar to a "full share" or "pool" model, which lowers the barrier to entry for market makers, making it easier for ordinary retail investors to participate in liquidity provision and betting. Currently, Castora has launched early pools such as ETH price prediction and is one of the most frequently interacted dApps within the Monad community. Nad.fun Nad.fun is a social meme token issuance platform that allows users to deploy tokens in minutes at extremely low cost, supporting the entire process of creation, issuance, and trading, similar to pump.fun. The protocol uses classic bonding curve pricing to ensure fair early launches. Since its mainnet launch, Nad.fun has generated 30 new Meme tokens. Currently, the Meme token with the highest market capitalization is NADS, at $730,000, while ATH (its all-time high) once had a market capitalization approaching $2 million. FortyTwo Fortytwo is a DeAI inference network that utilizes "swarm inference" technology to achieve scalable, low-illusion AI through node contributions. The protocol supports distributed model training and inference, where AI agents can directly exchange data on-chain. Fortytwo operates with extremely high latency requirements. It leverages Monad's high-performance parallel execution environment to ensure that data exchange and inference tasks between AI agents are completed with very low latency. High transaction speed is also a prerequisite for achieving scalable intelligence. The protocol relies on a dynamic load balancing system to optimize resource utilization, ensuring nodes maintain high activity during light tasks such as video calls or web browsing, but automatically reducing or pausing inference when users perform heavy operations such as 4K video editing. This fine-grained resource management is only feasible if the underlying public blockchain can handle fast and inexpensive transactions. To date, Fortytwo has 450 active nodes, with over 4,500 inference tasks completed daily. The protocol previously secured $2.3 million in Pre-Seed funding led by Big Brain Holdings. Rumi Rumi aims to build an AI-driven media and advertising company. Its protocol employs a unique "watch-to-earn" model, rewarding users' content consumption behavior through a visual language model. Rumi is committed to transforming passive media content into interactive experiences, and its protocol supports intelligent media content parsing. It has already partnered with companies such as TVision and Story Protocol. Rumi's live streaming duration reached 8.5 billion hours in Q3, equivalent to 970,000 years of attention. The protocol previously secured $4.7 million in Pre-Seed funding led by a16z crypto, CSX, and EV3. Multisynq Multisynq aims to build a real-time application layer for the internet, bringing the instant collaboration experience of Google Docs to all online applications, including DeFi, gaming, and ambient coding, without relying on centralized cloud service giants. The agreement had previously secured $2.2 million in seed funding led by Manifold. Poply Poply is an NFT marketplace and distribution platform whose protocol emphasizes respect for creators' royalties and optimizes the NFT minting and listing experience based on Monad's high-frequency trading characteristics. Poply also provides AI tools (such as generative artwork based on prompts, which can be minted into series of NFTs) and user-friendly real-time bidding and trading functions. The protocol will launch 6,000 Poply Otters series NFTs on November 24, and will give holders user benefits such as lower transaction fees, higher token allocation, and exclusive airdrops.

Author: PANews

2025/11/25

Plasma [XPL] loses steam after airdrop surge – Is the ‘new chain’ buzz over?

Plasma [XPL] loses steam after airdrop surge – Is the ‘new chain’ buzz over?

The post Plasma [XPL] loses steam after airdrop surge – Is the ‘new chain’ buzz over? appeared on BitcoinEthereumNews.com. Key Takeaways Why is Plasma’s price sliding despite a green market? Upcoming unlocks, collapsing activity, and a sharp drop in stablecoin TVL weakened XPL’s short-term structure. What on-chain signals showed XPL’s momentum fading? DEX volume, daily users, and transaction counts fell steadily through November, aligning with a bearish technical setup. Plasma dropped more than 11% in recent hours, even as the broader market traded green for most of the day. The decline put Plasma [XPL] alongside Starknet [STRK], which also posted double-digit losses during the same window. XPL extended its downtrend after the post-launch hype faded. That early rally had been supported by an airdrop worth about 10,000 XPL for initial users. As price cooled, on-chain activity followed the same path, weakening the token’s momentum. What’s driving Plasma token down? The first wave of selling stemmed from the upcoming unlock on the 25th of November. About 88.88 million XPL, valued at $18.13 million, was set to unlock, leaving over 80% of the supply still locked. It was the largest of the roughly $80 million in weekly token unlocks across the sector. Source: DefiLlama Even so, long-term traction struggled elsewhere. Stablecoin TVL fell 68% since October and declined 8.24% on a weekly basis. Stablecoin Market Cap rested near $1.82 billion, while overall TVL slipped to $6.695 billion, with bridges contributing $5.79 billion of that total. Source: Dune Cumulative Transactions hit a new high, but daily activity cooled. Transaction Count slipped from 42,398 to 39,725. Daily New Users were only 137, and returning users totaled 1,831. DEX Volume dropped to $8.39 million at press time from its high of $47.81 million on the 19th of November. Most usage metrics trended lower since late October, a slide reflected in price charts. Bears extend control On the charts, XPL price showed that the altcoin…

Author: BitcoinEthereumNews

2025/11/25

Monad Price Prediction: Will MON Price Surge or Crash Below $0.01?

Monad Price Prediction: Will MON Price Surge or Crash Below $0.01?

The post Monad Price Prediction: Will MON Price Surge or Crash Below $0.01? appeared on BitcoinEthereumNews.com. The post Monad Price Prediction: Will MON Price Surge or Crash Below $0.01? appeared first on Coinpedia Fintech News Monad’s newly listed token is facing heavy downward pressure as airdrop recipients gain the ability to sell their allocations. With MON now trading close to $0.02, the community is questioning whether the token can stabilize or if more downside is likely.  A whale who opened a MON long position on October 8 at $0.1449 is now holding a floating loss of more than $700K, and even after closing part of the position earlier, remains deeply in the red. This reflects the overall weakness surrounding the token’s early price action. A whale has maintained a $MON (1x) long position since Oct 8th with an entry price of $0.1449, currently having a floating loss of $704K. The whale closed part of the $MON position between Oct 9th and Nov11th, with a loss of $47,396.https://t.co/caDFEXoB18 pic.twitter.com/s5938DekbW — Onchain Lens (@OnchainLens) November 25, 2025 Why Is MON Price Falling?  Market Pressure and Initial Valuation The public sale price on Coinbase was $0.025, and many traders are using this as a benchmark for fair value. Around 10.8 billion MON were unlocked at launch, representing about 10.8% of the total supply, while the full supply sits at 100 billion tokens.  This large future supply continues to be one of the main concerns for the market, as more tokens entering circulation usually bring additional selling pressure.  While Monad has a modest annual inflation rate of about 2% and burns a portion of its transaction fees, the overall supply curve is still a challenge in the short term. Airdrop Selling and Weak Market Conditions A major driver behind the decline is the continuous selling by airdrop participants. Many of them are happy to sell between $0.02 and $0.04, which…

Author: BitcoinEthereumNews

2025/11/25

Monad Token $MON Gains 30% Post Shaky Mainnet Launch

Monad Token $MON Gains 30% Post Shaky Mainnet Launch

The post Monad Token $MON Gains 30% Post Shaky Mainnet Launch appeared on BitcoinEthereumNews.com. Key Highlights: Monad launched its mainnet and native token yesterday, November 24, 2025. Users faced delayed token claims, fragmented transactions and bridging failures. $MON surges more than 30% despite the issues faced on day 1 of the token release and mainnet launch. Monad, a Layer-1 blockchain, has officially launched its highly anticipated mainnet launch yesterday on November 24, 2025 and also released its native token MON. As of now, the token has generated a significant amount of profit right after its debut but according to various social media posts (X posts), early users faced significant operational issues that led to criticism from the crypto community. Monad Mainnet is now live! Check it out here: https://t.co/emewXRKtNEhttps://t.co/emewXRKtNE — Monad (mainnet arc) (@monad) November 24, 2025 Delayed Token Claims and Allocation Discontent On the day of its launch, many of the participants in Monad’s public sale faced delays in claiming their tokens. Some of the participants had to wait for 20 minutes to access their allocations. The investors expected a smooth distribution, these delays caused a sense of concern amongst the users. Some of the users were also upset because they received a smaller token amount than anticipated. This was personal for them because these community members had been supporting the ecosystem since the start and after so much of wait, these supporters were not rewarded properly. the end of @monad or shaking out weak hands > people who participated in sale couldn’t claim their tokens for first 20 minutes at least (failed as first token ico) > people who were grinding monad for 2 years and got top tier roles barely got low 5 figs/ high 4 figs > monad is… pic.twitter.com/vDweT5tES7 — rostisi (@rostisi) November 24, 2025 Fragmented Network Experience and Contract Failures Even though MON tokens could be transferred, many…

Author: BitcoinEthereumNews

2025/11/25

Hold at least 241 Binance Alpha Points to receive an airdrop of 1200 IRYS tokens.

Hold at least 241 Binance Alpha Points to receive an airdrop of 1200 IRYS tokens.

PANews reported on November 25 that, according to an official announcement, Binance Alpha will open trading of Irys (IRYS) at 11:00 (UTC) on November 25, 2025. Users with at least 241 Alpha points can claim an airdrop of 1200 IRYS tokens on a first-come, first-served basis. If the reward pool is not fully distributed, the points threshold will automatically decrease by 5 points every 5 minutes.

Author: PANews

2025/11/25

Monad Airdrop Claim Guide: How to Buy MON, Sell Airdrop Tokens, and Bridge Safely

Monad Airdrop Claim Guide: How to Buy MON, Sell Airdrop Tokens, and Bridge Safely

The post Monad Airdrop Claim Guide: How to Buy MON, Sell Airdrop Tokens, and Bridge Safely appeared on BitcoinEthereumNews.com. The post Monad Airdrop Claim Guide: How to Buy MON, Sell Airdrop Tokens, and Bridge Safely appeared first on Coinpedia Fintech News Monad (MON) airdrop has officially launched, but excitement quickly turned to frustration as users reported claim failures, bridge errors, and difficulty trading their tokens. While some early recipients successfully sold their allocations, many report that the official Monad tools are not functioning properly, forcing them to rely on third-party platforms. One major wallet, 0x676a, which received 5.61 million MON ($184K), panic-sold 5.5 million MON for $131K USDC at $0.0239 below the public sale price of $0.025, highlighting the heavy selling pressure around the launch. Airdrop wallet 0x676a, which received 5.61M $MON ($184K), panic-dumped 5.5M $MON for 131K $USDC at $0.0239 after $MON fell below its public sale price of $0.025.https://t.co/scEg2AaqXu pic.twitter.com/sieLHnXDfF — Lookonchain (@lookonchain) November 25, 2025 What Happened During the Monad Airdrop? According to Monad, eligible users did not need to claim anything manually. Tokens were pre-assigned to wallets and automatically appeared on the mainnet once it went live. However, many users say their tokens either did not show up or could not be moved due to network errors.  This led to growing frustration and confusion, especially on Discord, where sentiment turned negative within hours of the launch. Why Are Users Facing Claim and Bridging Problems? The biggest issue reported is that the official Monad bridge appears unstable. Many users said their transactions failed or got stuck, preventing them from moving MON to other blockchains where liquidity is better. Because of this, the community quickly shifted to Jumper Exchange, which became the most reliable option for bridging. Several users confirmed that Jumper successfully bridged their MON to Solana or Ethereum within minutes. One user said they bridged 88,000 MON, sold it for $2,100, and saw the funds…

Author: BitcoinEthereumNews

2025/11/25

Monad Mainnet Launch: Full Breakdown of Monad Tokenomics, Airdrops, and Early User Incentives

Monad Mainnet Launch: Full Breakdown of Monad Tokenomics, Airdrops, and Early User Incentives

The post Monad Mainnet Launch: Full Breakdown of Monad Tokenomics, Airdrops, and Early User Incentives appeared first on Coinpedia Fintech News Monad mainnet is officially live, giving users, developers, and traders access to a new high-speed Layer-1 blockchain. The network promises fast transactions, full EVM-compatibility, and a growing list of tools and platforms ready from day one.  Along with the launch, Monad is rolling out a large ecosystem incentive program and early opportunities that are already …

Author: CoinPedia

2025/11/25

Crypto News Today [Live] Updates On November 25, 2025: Bitcoin Holds Above $87K, Ethereum & XRP Prices, Bitwise XRP ETF Updates

Crypto News Today [Live] Updates On November 25, 2025: Bitcoin Holds Above $87K, Ethereum & XRP Prices, Bitwise XRP ETF Updates

The post Crypto News Today [Live] Updates On November 25, 2025: Bitcoin Holds Above $87K, Ethereum & XRP Prices, Bitwise XRP ETF Updates appeared on BitcoinEthereumNews.com. The post Crypto News Today [Live] Updates On November 25, 2025: Bitcoin Holds Above $87K, Ethereum & XRP Prices, Bitwise XRP ETF Updates appeared first on Coinpedia Fintech News November 25, 2025 05:42:56 UTC Airdrop Wallet Dumps 5.5M MON Below Public Sale Price Airdrop wallet 0x676a, which received 5.61 million MON worth about $184,000, panic-dumped 5.5 million MON for $131,000 USDC at $0.0239 after MON dropped below its public sale price of $0.025. The move highlights rising fear among early holders as volatility spikes around the token’s launch. Airdrop wallet 0x676a, which received 5.61M $MON ($184K), panic-dumped 5.5M $MON for 131K $USDC at $0.0239 after $MON fell below its public sale price of $0.025.https://t.co/scEg2AaqXu pic.twitter.com/sieLHnXDfF — Lookonchain (@lookonchain) November 25, 2025 November 25, 2025 05:41:03 UTC Whale Opens $5.6M MON Long, Sitting on $654K Unrealized Profit Whale 0xccB5 has opened a 3× long position on 171.68 million MON worth about $5.6 million—over the past 12 hours. The trade is currently showing $654,000 in unrealized gains. The position’s liquidation price stands at $0.02298, making it a high-risk, high-reward play as MON volatility increases. Whale 0xccB5 has opened a 3× long on 171.68M $MON($5.6M) over the past 12 hours, now sitting on $654K in unrealized gains. Liquidation price: $0.02298https://t.co/ZQr7UsmFr6 pic.twitter.com/t18Gw9R5vs — Lookonchain (@lookonchain) November 25, 2025 November 25, 2025 05:39:25 UTC World Liberty Financial Moves 40.69M TRX to HTX, Sitting on 12% Profit World Liberty Financial has deposited 40.69 million TRX (worth about $11.23 million) into HTX over the past 11 hours. The firm originally acquired the tokens for $10 million between January 20–23. If sold now, they would lock in an estimated $1.23 million profit, a 12.3% gain in just 10 months. World Liberty Financial (@worldlibertyfi) deposited all 40.69M $TRX (~$11.23M) into #HTX in the last 11 hours! They acquired these…

Author: BitcoinEthereumNews

2025/11/25

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