On-chain

On-chain refers to any transaction or data point that is recorded directly on the blockchain, ensuring transparency, immutability, and public verifiability. From on-chain identity (DID) to verifiable provenance of assets, the "everything on-chain" movement is the core of Web3’s trustless architecture. In 2026, sophisticated on-chain analytics tools allow users to audit protocol reserves and track capital flows in real-time. This tag focuses on the value of transparency, block explorer utility, and the distinction between on-chain execution and off-chain scaling.

38619 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Meme is weak, AI takes over

Meme is weak, AI takes over

By Joshua Deuk Compiled by: Vernacular Blockchain Editor’s Note: As Bitcoin once again broke through $110,000, the market greed index continued to rise, especially the enthusiasm of the alt season

Author: PANews
Bitcoin ignited, Ethereum exploded: Will this altcoin ignite crypto’s next craze?

Bitcoin ignited, Ethereum exploded: Will this altcoin ignite crypto’s next craze?

As Bitcoin stabilizes and Ethereum matures, early-stage protocols like Neo Pepe are emerging as crypto’s next breakout bets. #partnercontent

Author: Crypto.news
L1 blockchain project Defx completes $2.5 million seed round, with Pantera Capital and others participating

L1 blockchain project Defx completes $2.5 million seed round, with Pantera Capital and others participating

PANews reported on June 17 that according to official news, Defx, a privacy-focused transaction-specific L1 blockchain project, completed a US$2.5 million seed round of financing. Pantera Capital, CMT Digital, gumi

Author: PANews
From the myth of 100 times increase to running away with zero, how to rob a bank "legally" in the cryptocurrency world?

From the myth of 100 times increase to running away with zero, how to rob a bank "legally" in the cryptocurrency world?

During the bull market, many people made a hundred times their money overnight by buying a certain project, but many people also lost all their money because the project owner

Author: PANews
Pepe Price Prediction: PEPE risks breakdown as holders realize losses, momentum fades

Pepe Price Prediction: PEPE risks breakdown as holders realize losses, momentum fades

Pepe (PEPE) price is approaching a key ascending trendline level at $0.0000103 at the time of writing on Tuesday. A daily close below this level would signal a correction ahead. On-chain data also supports the bearish outlook, as PEPE holders are realizing losses.

Author: Fxstreet
DeFi bull market strategy: The US SEC has released positive news, and three categories are worth paying attention to

DeFi bull market strategy: The US SEC has released positive news, and three categories are worth paying attention to

Author: Cryptofada Compiled by: Felix, PANews On June 9, the Cryptocurrency Task Force roundtable, chaired by SEC Chairman Paul Atkins, portended a potentially positive situation for cryptocurrencies and DeFi participants

Author: PANews
Launchcoin ecosystem is recovering, here are five potential projects

Launchcoin ecosystem is recovering, here are five potential projects

Since May, $Launchcoin has achieved an almost explosive 300-fold increase, and the ICM (Internet Capital Market) concept it represents has swept major communities on the chain and become a new

Author: PANews
Trader "AguilaTrades" increased his Bitcoin long position to $424 million at a liquidation price of $103,332

Trader "AguilaTrades" increased his Bitcoin long position to $424 million at a liquidation price of $103,332

PANews reported on June 17 that according to Onchain Lens, the on-chain trader "AguilaTrades" recently increased its long position in Bitcoin, using 20x leverage to build a position with a

Author: PANews
Breaking: Tron ($TRX) Plans US Public Offering – What This Means for Crypto

Breaking: Tron ($TRX) Plans US Public Offering – What This Means for Crypto

Tron, the blockchain platform founded by crypto billionaire Justin Sun, is reportedly planning to enter U.S. public markets through a reverse merger with Nasdaq-listed SRM Entertainment, according to a recent report from the Financial Times . The entry will be coordinated by Dominari Securities. Once finalized, the deal will establish a new entity known as Tron Inc., which will reportedly hold substantial amounts of TRX, Tron’s native digital asset. The FT report indicates that Eric Trump, son of U.S. President Donald Trump, may assume a leadership position within the rebranded company. Tron to Inject $210M in TRX as It Eyes Nasdaq Debut The newly formed Tron Inc. is expected to onboard as much as $210 million worth of TRX tokens, with a structure that resembles MicroStrategy’s Bitcoin-centric treasury model , positioning it as a publicly traded vehicle to leverage its crypto reserves. Dominari Securities operates under Dominari Holdings, which is affiliated with American Data Centers. This venture, focused on AI infrastructure, was co-founded by Eric Trump and Donald Trump Jr., both of whom sit on the advisory board. JUST IN: Tron $TRX to go public in the US. For your info JS is the largest holder in $trump coin. Do you understand game… pic.twitter.com/gegiKNxlmL — Nilesh Rohilla (@nilesh_rohilla) June 16, 2025 This development follows closely on the heels of Circle Internet Financial’s landmark listing on the New York Stock Exchange , where it raised $1.05 billion in one of the largest crypto IPOs of the year. Circle’s public debut has indicated renewed investor interest in blockchain firms, particularly amid improving regulatory clarity under the Trump administration and growing institutional support for crypto assets. Justin Sun’s High-Stakes Bet: Going Public, Trump Ties, and $79B Stablecoin Empire Justin Sun’s relationship with the Trump family appears to be deepening. In May, he attended a private banquet at Trump National Golf Club in Virginia alongside 24 other major holders of the $TRUMP meme token. He has also invested $75 million in World Liberty Financial, a Trump-aligned crypto venture that recently launched the USD1 stablecoin on the Tron network. Thank you Tron!!! @justinsuntron @worldlibertyfi #USD1 https://t.co/6CvSaIs04H — Eric Trump (@EricTrump) June 11, 2025 Following the merger news, TRX token price climbed roughly 3%, trading around $0.2785, according to CoinGecko. Source: Cryptonews Tron currently manages more than $4.8 billion in total value locked (TVL) and has a stablecoin market cap of $79 billion, making it the second-largest player in the global stablecoin space. TRON is processing $20 BILLION in stable coins DAILY, that's more volume than Visa! Justin Sun: "Everyone who matters in crypto is already here" as Dubai dethrones Singapore as the crypto capital 🏙 From $5T to $7T projected volume in 2025. The revolution is happening on-chain… — Kate Miller (@KateMillerGems) June 5, 2025 In addition, Tron’s daily active address count is nearing 3 million , marking its highest level since May 2023.

Author: CryptoNews
“Fiat Chain is a Technology – It’s a Public Blockchain Without A Cryptocurrency,” Says Silvio Micali

“Fiat Chain is a Technology – It’s a Public Blockchain Without A Cryptocurrency,” Says Silvio Micali

Silvio Micali is a technologist and MIT professor who is well-known for founding Algorand, a Layer-1 (L1) autonomous and decentralized blockchain network. Most recently, Micali has been working hard on developing a new technology called “Fiat Chain.” While Micali has been relatively quiet about Fiat Chain, he recently spoke about the technology during Paris Blockchain Week 2025. In his keynote, the technologist revealed that fiat chain is a public blockchain geared towards institutions. Cryptonews was fortunate to sit down with Micali for an exclusive interview during Proof of Talk 2025 to further discuss Fiat Chain to understand how the technology works, its use cases, and how it may relate to Algorand. I spoke with the one & only @silviomicali about his new project, Fiat Chain. I’m super excited to share his insights with y’all… stay tuned! 💯💯 @Algorand @proofoftalk pic.twitter.com/80S7OrgrbI — Rachel Wolfson (@Rachelwolf00) June 9, 2025 Cryptonews: What exactly is “Fiat Chain?” Silvio Micali: Fiat Chain is a blockchain network that is secure and public. There is no cryptocurrency associated with Fiat Chain. I’m a big believer in public chains. A private blockchain without cryptocurrency is possible, but this is not what the world needs. Secondly, fiat chain has an architecture that allows it to be self-stable long-term, so that consensus can go on forever. CN: Please explain why you’ve created “Fiat Chain.” SM: Institutions have not yet come on-chain, even though blockchain is the perfect vehicle for institutions seeking transparency, efficiency, and more. I started thinking about this problem and considered three reasons as to why this is the case. One is regulatory—the crypto and blockchain market is still unregulated. I think that the Trump administration wants to regulate the industry , but they have not yet done it. Regulation prevents regulated entities from touching crypto. Secondly, security remains an issue, especially for institutions. The third challenge is sovereignty. For instance, if you have a nation with a sovereign currency, the last thing you want to do is tell citizens to buy a foreign currency, like cryptocurrency, to access a national currency. These three things are all preventing blockchain from serving the assets of the world. CN: Is Fiat Chain part of Algorand? SM: Fiat Chain is a separate technology from Algorand. However, while Fiat Chain would benefit all blockchain networks, it could be particularly beneficial to Algorand. Given that Fiat Chain has a consensus mechanism and ability to interact with other blockchains, we can eventually bring all the world’s assets on-chain. This would mean that everybody in the blockchain ecosystem benefits. Once you have a blockchain that can bring in institutions to deploy their assets on-chain, then you can bridge with other blockchain networks where assets are best served for what an institution wants to do. I think that is going to be big for different blockchains, but more so for Algorand. Algorand has a strong decentralized network, and connected to Fiat Chain, it has the potential to become the preferred gateway for bridging. CN: If Fiat Chain doesn’t use cryptocurrency, how does it work, and what are the use cases? SM: The use case for Fiat Chain is really to bring institutional assets on-chain. If you bring institutional assets to a blockchain, the developers will then follow. There are great use cases for blockchain today that are unfortunately only leveraged for simple applications. Most of these are creative, but if you don’t have real assets on-chain, the entire industry is going to remain crypto-to-crypto. The application here is to bring assets on-chain and to develop a tokenization and issuance platform that is going to be very useful. CN: Can you please give an example of an institutional asset? SM: Yes—just imagine you are a token company that wants to issue a bond. However, it’s a problem for the company to touch crypto because it’s regulated. The market wants certainty. Companies are better off issuing a bond on blockchain because the blockchain is unbeatable for tokenization. If I were an institution and wanted to issue a bond, I would use blockchain if I was sure that the consensus behind the network was long-term and accessible. Once you have bonds on-chain, everyone will benefit no matter what. Our worst enemy is keeping assets off-chain. CN: Would you say that tokenization of institutional assets is the main goal behind Fiat Chain? SM: No, it is just one goal. I want to create a blockchain where there can be developers working alongside big institutions. Every blockchain currently welcomes developers, but the institutions are not coming. We can partly blame regulations. Fiat Chain aims to solve this problem. CN: How does Fiat Chain use blockchain without cryptocurrency? SM: It’s not so easy. Every blockchain has a cryptocurrency associated with it because of security. For instance, a public blockchain is not permissioned, meaning anyone can join the network and the consensus of the chain. Also, while the blockchain network is public, no one knows who is running the chain. So if the actors of the chain begin to take actions that are detrimental, there is no remedy. The most dangerous action here is that you can’t pin down the bad actors, so they can easily harm the network. This is why the industry created a consensus that hand and glove matched with a cryptocurrency. If you want to participate in the consensus of a network, you must have a good number of native tokens matching the consensus. So if you hurt the chain, you hurt your own crypto holdings. This is the reason why every public chain has a cryptocurrency—it’s a security reason. But unfortunately, this security solution has introduced all types of challenges. For instance, if crypto assets become volatile, anyone may be able to buy all assets, weakening the security of the chain. There must be another way to secure consensus other than the traditional method for proof-of-stake public blockchains . Fiat Chain has a consensus mechanism without cryptocurrency. You also can’t replace consensus with fiat currency. CN: So, what is the consensus mechanism for Fiat Chain? SM: It’s easier to describe the tip of the iceberg right now. Fiat Chain will have a board of validators that will last for at least one quarter—every quarter there will be a new board of validators or individuals who want to reapply again. You also need to pay a fee to become a validator. Validators make money off network fees paid in stablecoins. Fiat Chain replaces gas with stablecoins. We can then look at all the stablecoins that have been paid from fees over the last quarter. If the fees are going to be the same during the next quarter, then validators can know if they will earn a significant amount. But this isn’t enough—there is a specific formula to determine how many validators are needed each quarter. For instance, assume the network fees are large, then we can determine how much validators will earn. But, what if the fees in the next quarter drop by at least 50 percent? Fees are approximate for usage of the chain, and the chain is essentially an infrastructure that is not volatile. Therefore, you can look at the previous quarter and establish a formula for how many validators the network will need. Now, assume that fees have increased by 10 percent—then you need 10 percent more validators than last time. We will also need a loyalty program for validators. We will first ask previous validators if they want to opt in and be validators. If the majority decides to continue, that is great, but the network must still carefully choose its board members. This means the network has to choose validators at random. This is where Algorand comes in. Algorand has a verifiable random function, which is a way to make random choices and then prove it’s the correct random choice for a specific input. Fiat Chain will have a verifiable lottery to decide who should come in and protect the network. I also believe that Fiat Chain will have an honest majority of validators each time network fees increase. CN: Will Fiat Chain have a crypto associated with it? SM: The fees associated with Fiat Chain need to be paid in stablecoins. If there are trillions of real-world assets on-chain, you will need to buy and sell those using stablecoins. This will also create an even bigger demand for stablecoins. I am also agnostic in terms of what stablecoin will be used with Fiat Chain. You can imagine two different worlds here, one where a dollar-backed stablecoin is used and the other where a euro-backed stablecoin is used. You can have two separate chains and bridge these, or there can be an oracle that both parties trust with a pool of dollars or euros. I am being very agnostic here, as Fiat Chain doesn’t care which stablecoin is used. It should just be able to bridge in a decentralized manner with trusted witnesses. CN: Would Fiat Chain have its own stablecoin? SM: Fiat chain is just a technology. It is a public chain that is self-stabilizing forever, that doesn’t become insecure with a cryptocurrency that falters. However, if I were a stablecoin provider, I’d be delighted to see that there was a blockchain that works independently without the ups and downs or security issues associated with cryptocurrency. I am agnostic and welcome different stablecoins. CN: Is Fiat Chain just a concept for now? SM: It’s a technology, currently. I still have to explain the technology and let people understand it. I think people are more open to a new technology if you take the time to absorb it. Currently, I am focused on developing the technology—deploying it is the next step. CN: Why did you come up with Fiat Chain, and was it a recent development? SM: Fiat Chain is a recent development. I got frustrated by the fact that there is all this beautiful technology, yet none have been as successful as I had expected. As soon as I became frustrated by all assets not being on-chain, I felt as if the technology was the missing element. CN: Are you still focused on Algorand? SM: I think that the founders of decentralized technology have to let the ecosystem take over in order for it to remain decentralized.

Author: CryptoNews