Tag: Token

RENDER Price Surges 74% in 7 Days as AI Token Gains Traders Attention

Key Notes RENDER rallied from $1.28 to $2.23 despite trading well below its March 2024 peak of $13.53, currently ranked 96th by market cap. Trading volume jumped 29.5% to $260.42 million while broader crypto markets showed fear sentiment with liquidations reaching $298.5 million in 24 hours. Analysts highlighted RENDER’s outperformance against AI sector peers, with commercial adoption including GPU rendering for major entertainment productions. RENDER RENDER $2.24 24h volatility: 15.4% Market cap: $1.16 B Vol. 24h: $251.02 M posted a 74% gain over seven days, rising from $1.28 to $2.23…

Infinex Announces Token Sales Changes in TGE Failure; Insider Trading Concerns

Key Notes Infinex removed the $2,500 allocation cap and switched to a bottom-up distribution model after raising just 14% of its $5M goal. Suspicious Polymarket betting activity emerged hours before the announcement, with new accounts placing large bets suggesting potential insider trading. The crypto wallet app supports over 20 blockchains and combines trading, staking, and NFT features in a single interface. Infinex, a crypto wallet super app, started its long-awaited token sales on January 3, with a worse-than-expected first 24 hours. The team now announced some changes to the token…

$650M in Token Unlocks Incoming: 3 Altcoins Stand Out

Key Notes Over $657 million in altcoins are scheduled to enter circulation this week. HYPE tops one-time unlocks with about $333 million in tokens becoming tradable. The unlock arrives as the crypto market posted gains over the past day. The first full trading week of 2026 opens with a large token supply unlock event. Data from Tokenomist shows over $657 million worth of altcoins are scheduled to enter circulation between Jan. 5 and Jan. 12. Token unlocks raise near-term sell risk because new supply becomes available at once. The impact…

$585M in Token Unlocks Loom

Key Notes The total value of the large tokens expected to be unlocked this week reached $585 million. The crypto community shares concerns over selling pressure. Most of the mentioned altcoins are still far from their all-time highs. Multiple cryptocurrencies will see incoming cliff and linear token unlocks within the next seven days, putting pressure on the investors’ sentiment. According to Wu Blockchain, Hyperliquid HYPE $25.61 24h volatility: 1.2% Market cap: $6.11 B Vol. 24h: $194.22 M , Sui SUI $1.46 24h volatility: 0.5% Market cap: $5.46 B Vol. 24h:…

2026 Will Be the Year of the Utility Token

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For Animoca Brands co‑founder Yat Siu, 2025 will be remembered as “the Trump year,” not because US President Donald Trump saved crypto, but because the industry bet too heavily on him and mispriced everything from tariffs to rate cuts. Trump was supposed to be crypto’s cheat code in 2025. Instead, Bitcoin (BTC) is limping into the year’s end, facing its fourth annual decline in history. Memecoin liquidity has been sucked into political side quests, and one of the sector’s longest‑running builders thinks the market over‑trusted the new president.​ Bitcoin’s 2025…

Aave Founder Says $15M Token Buy Wasn’t Used in Controversial DAO Vote

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Stani Kulechov, the founder and CEO of Aave Labs, the main development company behind the Aave decentralized finance (DeFi) lending protocol, denied claims that he recently purchased $15 million of Aave (AAVE) tokens to influence a controversial community vote that failed to pass.  “These tokens were not used to vote on the recent proposal, and that was never my intention. This is my life’s work, and I am putting my own capital behind my conviction,” Kulechov said. He also said that Aave Labs has not clearly communicated the economic alignment…

Canton Token Rises Around 25% after DTCC Outlines Tokenized Treasury Plans

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Canton Coin has climbed about 27% over the past week, Cointelegraph data shows, outpacing the broader cryptocurrency market as traders reacted to fresh signals of institutional adoption. The gains follow a Dec. 17 announcement from the Depository Trust & Clearing Corporation (DTCC) outlining plans to tokenize a portion of US Treasury securities held at its Depository Trust Company subsidiary on the Canton Network. DTCC operates post-trade infrastructure for US securities markets, with its subsidiaries processing about $3.7 quadrillion in securities transactions last year. Canton Coin price over past seven days.…

ZKsync Cuts Etherscan to Push Native Infrastructure, Eyes Token Utility in 2026

Key Notes Etherscan cannot properly index many native-level ZKsync features. All on-chain data will migrate entirely to the ZKsync native explorer on January 7, 2026. Developers using Etherscan APIs must migrate before the deadline. ZKsync will end Etherscan support for the ZKsync Era on January 7, 2026. Block, transaction, and contract data will move fully to the ZKsync native explorer. Developers relying on Etherscan APIs must migrate before that date. According to a GitHub post, ZKsync no longer fits standard EVM assumptions. Interop transactions, cross-chain bundles, Gateway settlement, and new…

UXLINK Announces Token Buyback Proposal, Price Rally Ahead?

Key Notes UXLINK has proposed a monthly token buyback plan. UXLINK price jumped 5% following the announcement. Buybacks continue to gain traction across the broader crypto sector. AI-based Web3 social platform, UXLINK, has announced a monthly buyback proposal for its native token, UXLINK. The move comes as the project reports steady profitability and continued user growth, but token price lags behind. In a recent X post, UXLINK proposed plans to allocate a portion of its monthly profits toward buying back at least 1% of the total UXLINK token supply. These…

Hyperliquid Clarifies HYPE Token Shorting By Ex-Employee

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Decentralized perpetuals exchange Hyperliquid has addressed community concerns about a wallet that was believed to be linked to the internal team selling large amounts of HYPE (HYPE). Co-founder Iliensinc said on Hyperliquid’s Discord channel Monday that the wallet flagged by the community for shorting HYPE belongs to an ex-employee who was terminated in the first quarter of 2024. “This individual is no longer associated with Hyperliquid Labs, and their actions do not reflect our team’s standards or values,” Iliensinc wrote, referring to the address 0x7ae4…1028. The clarification followed weeks after…