Tag: Token

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…

OpenSea Integrates Gaming Token POWER for NFT Marketplace Payments

Key Notes Players can now spend Fableborne rewards directly on OpenSea NFTs without converting to ETH or stablecoins first. The Power Protocol enables value earned in one game to be used across multiple digital environments and applications. OpenSea plans to launch its SEA token in Q1 2026 with 50% revenue allocated toward buybacks. OpenSea has added support for the $POWER token as a payment option across its NFT marketplace. The token is earned through gameplay within the Power Protocol ecosystem, led by Pixion Games’ flagship title, Fableborne. The update allows…

AXL Price Crashes 18% as Circle Abandons Token after Acquiring Axelar Network Developer

Key Notes The AXL token has come under strong selling pressure, correcting 18% since the development. With Circle’s acquisition, AXL holders will have no direct economic benefit, such as buybacks, revenue sharing, or governance rights. Common Prefix will assume a larger role in Axelar’s ongoing development, with plans to focus on institutional adoption. AXL, the native cryptocurrency of the Axelar Network, has come under strong selling pressure, dropping 18% in the last 24 hours. This comes after the Circle Internet Group announced the acquisition of Interop Labs, the developer team…

Bhutan Announces TER, a Sovereign Gold-Backed Crypto Token

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Gelephu Mindfulness City (GMC), a special administrative zone of Bhutan, announced on Wednesday that it is launching a sovereign gold-backed digital token called TER.  The physical gold deposits will be custodied by DK Bank, a digital asset bank regulated by the government of Bhutan, and issued on the Solana Blockchain network, according to GMC’s announcement. Matrixdock, a real-world asset tokenization (RWA) platform, is the technology partner responsible for tokenizing the real-world asset on the blockchain. An overview of the tokenized commodities sector, which is dominated by tokenized gold products. Source:…

StableChain Mainnet Launches with Foundation and STABLE Token

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Tether-backed Stable protocol has launched its USDT-powered blockchain, StableChain, alongside a new governance foundation and a native token.  According to the protocol, the new layer-1 network is designed for stablecoin transactions and relies on Tether’s USDt (USDT) for gas fees payments, removing the need for volatile assets to process payments. Alongside the mainnet debut, Stable introduced the Stable Foundation and the STABLE governance token on Monday, separating network security from payment flows settled in USDT. The rollout follows a pre-deposit campaign that drew more than $2 billion from over 24,000…

Circle Stock Eyes $100 on Crypto Sentiment Rebound, Traders Rotate to SUBBD Token

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What to Know: Circle’s climb toward a potential $100 valuation reflects recovering crypto sentiment, renewed USDC activity, and stronger demand for regulated on-chain liquidity exposure. As risk appetite returns, capital often rotates from infrastructure equities and large caps into earlier-stage narratives with more asymmetric upside potential. AI-powered content platforms aim to fix Web2 creator pain points: high fees, opaque moderation, fragmented tools, and limited global payment options. SUBBD Token merges Web3 payments and integrated AI tools so creators can keep more earnings, automate fan engagement, and control content inside a…

Solana Mobile Says Token for Seeker Phone Coming in January

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Solana is set to roll out the awaited native token tied to its latest mobile phone model, Seeker, at the start of 2026, with the coin set to be the governance token of the company’s mobile ecosystem. Solana Mobile announced in an X post on Wednesday that the “SKR” token will have a total supply of 10 billion tokens, with 30% allocated for airdrops and 25% reserved for growth and partnerships. An additional 10% of the token’s supply will be for liquidity, 10% for a community treasury, 15% for Solana…

SUI Token Surges 21% Following Coinbase New York Listing Approval

Key Notes Coinbase’s New York listing triggered substantial buying momentum despite December’s largest token unlock event. The rally pushed SUI above the Keltner mid-band with strong volume support indicating genuine accumulation phase. Breaking $1.92 resistance would invalidate the November downtrend and target the $2.72 pivot point from October. SUI SUI $1.60 24h volatility: 20.6% Market cap: $5.99 B Vol. 24h: $1.09 B rallied 21% on Tuesday after Coinbase exchange confirmed that New York residents can now trade the asset across its web and mobile applications. The listing announcement triggered significant…