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Mishal Ali

Ethereum (ETH) Supply Crisis Unleashes Potential for a $3,300 Explosion

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Key Takeaways

  • Ethereum shows signs of rebound, with its market value reaching $2,745 and outpacing other altcoins this week.
  • ETH supply on exchanges drops to 6.38%, the lowest since its genesis, indicating strong accumulation in cold wallets.
  • Projections suggest Ethereum could reach $3,300 within a week, fueled by technical patterns and bullish sentiment.

Ethereum has displayed early signs of recovery, with its market value climbing back to $2,745, marking a solid start to the week. As Santiment highlighted, ETH is outpacing most altcoins, signaling growing momentum in its price action.

This rebound comes after a prolonged period of underperformance, during which Ether lagged behind other large-cap cryptocurrencies throughout 2024. In addition to short-term recovery, Ether’s long-term fundamentals reflect a bullish narrative.

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A striking shift is unfolding in the market, with just 6.38% of ETH’s total supply currently held on exchanges, the lowest percentage since Ether’s genesis. This metric is significant as it suggests a strong accumulation phase, with investors moving their holdings to cold wallets for safekeeping rather than leaving them on exchanges for trading.

Historically, such trends indicate reduced selling pressure, which often sets the stage for upward price movement. Market sentiment appears to be improving, particularly as February progresses. After months of being overshadowed by other assets, Ether is drawing renewed interest from both retail and institutional participants.

This renewed optimism could be pivotal in driving ETH’s price higher, particularly as broader market recoveries are anticipated. If Ethereum sustains this momentum, it may solidify its position as a leading force in the next bullish phase of the crypto market.

Mixed Sentiment in the Ethereum Community

While some celebrate Ether’s prospects, the crypto community remains divided. A post by Seth sarcastically proclaimed, “Ethereum is dead!” This was followed by bullish technical observations like an MACD crossover and RSI divergence, hinting at a potential rally.

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Seth humorously referenced institutional interest, including claims of U.S. institutions and Goldman Sachs purchasing Ethereum, further adding to the growing chatter around ETH. Such contrasting opinions highlight the volatile and speculative nature of the market. While skepticism exists, bullish indicators and rising interest seem to outweigh doubts for now.

Bullish Projections Suggest $3,300 Target

Crypto expert Ted Pillows shared an optimistic forecast for Ethereum, projecting it could hit $3,300 within a week. He highlighted a symmetrical triangle pattern on ETH’s price chart, which is traditionally considered bullish. According to Pillows, a breakout above $2,750 could lead to a rally toward the $3,100–$3,300 range.

Currently priced at $2,675.07, Ethereum is nearing critical resistance levels. If these are breached, a short-term pump could push ETH to new highs. However, Pillows also foresees a consolidation phase following this potential surge. This suggests Ethereum may stabilize before embarking on another upward rally.

Despite an 18% decline in the past month, a recovery to $3,300 could reignite confidence in Ethereum’s trajectory. As the market anticipates broader recoveries, Ethereum’s role in the next bullish phase will be closely watched.

Related Reading | Wyoming Stable Token Commission Proposes Blockchain Innovation for State Treasury

Binance Hits Back at Sale Rumors: He Yi Calls Out Competitors

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Key Takeaways

  • Binance co-founders He Yi and Changpeng Zhao have denied rumors about a potential sale, labeling them as competitor-driven misinformation.
  • He Yi emphasized Binance’s openness to strategic partnerships and acquisitions but dismissed claims of selling the platform.
  • Recent asset movements in Binance’s treasury sparked speculations, which the company clarified as routine accounting adjustments.

In response to speculation that Binance is on sale, co-founder He Yi strongly refuted reports of sale rumors, saying that they were mere moves by its competitors to instill fear and doubt. The exchange is constantly speaking to institutions that are considering investing or partnering but remains committed to its independence, says He Yi.

Addressing the rumors, He Yi posted that the exchange sale reports were false and were part of a broader plot by its competitors to undermine the platform. She reiterated that the exchange is prepared to form strategic deals or buy out other exchanges but that there were no plans to sell off the company. “If there are other trading platforms with sales plans, please feel free to contact us,” she added.

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Changpeng Zhao Reassures Binance’s Stability

Changpeng Zhao, co-founder of Binance and ex-CEO, also dismissed the rumors. With a cutting tweet on X (former Twitter), Zhao called reports of selling the exchange “FUD” by an Asian-based rival. Zhao declared that there is no sale on cards and is continuing to have interest from top-notch global investors.

Zhao elaborated, explaining that while the exchange will make occasional small-sized investments, that will never constitute a single-digit percentage of ownership. “As a shareholder, Binance is never up for sale,” he declared, securing the company’s position as a global leader of the cryptocurrency market.

Asset Movements Trigger Speculations

The rumors were driven by apparent changes in assets held by the exchange. On February 11, X user AB Kuai.Dong noticed that there had been a sharp fall in Binance’s assets held of Bitcoin and Ethereum. The observation created speculations on the exchange’s financial health, where people were asking if the company is offloading assets.

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However, Binance acted fast to clear up the matter by explaining that movements were not sale or financial distress-related but were actually routine adjustments of Binance Treasury bookkeeping practice. The company also assured customers that assets engaged were historical revenues of its company and were never customers’ funds.

The exchange further stated that its converted funds were mostly invested in stablecoin USDC, whereas very little movement occurred on its native token, BNB. Despite speculations that have been circulating, the exchange is still a resilient and sturdy player within the cryptocurrency market, continuing its exploration of avenues of expansion while ignoring unsubstantial rumors.

Related Reading | Bitwise Hails Bitcoin as ‘Generational Opportunity’ Amid Economic Turmoil

Dogecoin (DOGE) Price Predictions Heat Up: $1.3 or a $10 Rally?

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Key Takeaways:

  • Dogecoin’s 2025 trajectory draws comparisons to its 2017 bull run.
  • Predictions for DOGE’s peak range from $1.3 to a speculative $10.
  • Breakout opportunities are anticipated despite recent descending channels.

Dogecoin’s price action is providing renewed hope to traders versus its trend of 2017’s bull market. DOGE CAPITAL tweeted on social media a side-by-side chart of Dogecoin’s trend of 2017 versus its current cycle, suggesting identical trends that can lead to historic spikes.

The chart implies that DOGE is likely in its parabolic climb early stage, likely on its trajectory to hit its historical highs and move on through 2025. The prediction is also confirmed by the 1442-day cycle theory that implies that Dogecoin is subject to cyclical peaks throughout its history of market fluctuations.

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The analyst presumed that the coin could break its historical high, speculatively indicating that it can hit $10. The tweet also warned of increasing volatility that is supposed to shake out weak hands but indicated that one should watch out for overall trend rather than movements on a daily basis.

Skepticism Grows Over Dogecoin’s $10 Target

While the price of $10 has attracted interest, others of the trading community have doubts. DOGE veteran trader Master Kenobi acknowledged historical similarities but dismissed that kind of extreme price target. A far more believable top of $1.2 or $1.3, employing a local bottom of $0.20 and Dogecoin’s historical trajectory, is what he presented in its stead.

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Kenobi emphasized that while there is every reason to suspect that there is good sentiment around Dogecoin, there is also every probability that its full potential will never be achieved by hyping its possibilities too much.

Breakouts Expected Despite Bearish Channels

Adding to this, KrissPax observed that DOGE has been trading in its third consecutive descending channel since late 2023. Despite the bearish formations, they noted that the overall bull market remains intact, making a breakout likely in the near future.

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This sentiment is part of broader anticipation that Dogecoin can break its ongoing consolidation phase and make another rally. But traders have to exercise restraint under conditions of heightened volatility and wait for good levels of entry as the next cycle takes its turn.

Dogecoin’s enduring popularity, fueled by its passionate fan base and its cyclical price history, makes it a point of interest of the cryptocurrency market. While its reaching a market cap of $10 is possibly too ambitious, its likely resurgence or overshooting of its previous peaks makes it stay on people’s minds.

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XRP Faces Its Biggest Challenge Yet: Will It Overcome $3.50?

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Key Takeaways:

  1. XRP faces its most significant resistance levels across various pairings, marking a critical phase in its market history.
  2. Despite recent rejections, a decisive breakout could lead to explosive moves, potentially exceeding 100%.
  3. Broader market conditions, such as Bitcoin’s performance and regulatory developments, remain key triggers for XRP’s next leg.

Over the last four weeks, XRP has been charting its most critical areas of resistance in history, on numerous market pairings. Detailed breakdown by analyst Dom identified the rejection of the $3.15–$3.50 range, the cryptocurrency’s strongest obstacle.

Following this rejection, the cryptocurrency dropped by 48%, establishing the strength of these levels. The charts make it clear: it is up against multi-year levels of resistance, not only against USD but also against BTC, against gold, and against broader indices like NASDAQ 100.

For instance, XRP/BTC is continuing to battle its 7-year cap, that has broken earlier attempts nine times throughout history. Past success here has seen spikes of well over 150%.

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Similarly, XRP’s proportion of the total cryptocurrency market cap (XRP.D) also had its perfect rejection of the 5%-6% range, that is critical to the cryptocurrency potentially occupying 12% of the market.

Dom elaborated that convergences on the cryptocurrency’s performance on terms of gold, Tesla, and NASDAQ point to one overarching narrative. All of the combinations point to difficulty to breach well-established levels of resistance. XRP on terms of Tesla is decidedly strong, creeping up into levels of resistance after liquidation—this is extremely abnormal indicator of strength.

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What Lies Ahead for XRP?

At the centre of Dom’s argument is XRP/USD, where the token has repeatedly touched its former all-time top of $3.15–$3.50. A clear break here will mean price discovery and will unlock doors to unexplored levels of movement. Dom went on to say that the charts also point to that gaps through this point can support a rally of well over 100% within weeks or weeks only.

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However, broader market conditions will be important. The cryptocurrency’s success is much dependent on Bitcoin’s reaching a new all-time high and on wider market growth of the cryptocurrency market.

Regulatory catalysts, like XRP listing on key reserves, ETF listings, or a court ruling that is positive, can turn out to be game-changers. Without triggers like that, the cryptocurrency can continue to stay under bearish pressure on its chart even though it is outperforming others.

Related Reading | Avalanche (AVAX) Shows Resilience After 38% Drop: Analyzing Key Support Levels for a Potential Recovery

Crypto Staking in ETPs? SEC Task Force Considers Bold Proposals

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Key Takeaways:

  • Jito Labs and Multicoin Capital met with the SEC’s Crypto Task Force to discuss integrating staking into exchange-traded products (ETPs).
  • Two staking models were proposed: direct validator staking and liquid staking tokens (LSTs).
  • The meeting addressed solutions to regulatory challenges tied to staking in ETPs.

The U.S. Securities and Exchange Commission’s Crypto Task Force recently held a meeting with Jito Labs and Multicoin Capital to explore the possibility of including staking as a feature in exchange-traded products. This meeting, held on February 5, comes as the SEC works to revamp its approach to crypto regulations.

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Meeting notes, released last weekend, stated that Jito Labs’ CLO, Rebecca Rettig, and CEO, Lucas Bruder, attended the discussions, together with General Counsel, Greg Xethalis, and Managing Partner, Kyle Samani, of Multicoin Capital. The topic of discussion was how staking, one of the defining elements of proof-of-stake (PoS) chains like Solana and Ethereum, could enhance ETP products.

The attendees contended that staking in ETPs would accurately depict the original form of indigenous assets, offer rewards to investors, and enhance the security of the blockchain. They stressed that newer models and models could now address issues raised previously over the inclusion of staking.

Proposed Models for Staking Integration

Two potential models for the introduction of staking in ETPs were presented at the meeting. The first one involved staking some of the underlying assets included in the ETP through secure service providers, which operated validators. The approach ensures timeliness of redemption, retaining T+1 settlement cycles, by limiting the rate of the staked assets, as well as managing the time of unbonding.

The second form comprised liquid staking tokens (LSTs), such as Solana’s JitoSOL. LSTs are tokens representing staked native tokens, together with rewards, while retaining redemption flexibility, unencumbered by the normal delay experienced while staking.

LSTs also provide simplified regulatory barriers by unlinking the operation of staking from outright control over the assets, ensuring compatibility with grantor trust models, as well as other financial regimes.

Regulatory Crypto Challenges Addressed with Practical Solutions

During the discussions, three concerns previously causing exclusion of staking from ETP applications arose, these being managing cycles of redemption, tax issues, and whether there is any securities transaction involved.

Both proposed models had viable solutions. By limiting staked amounts or employing LSTs, ETP issuers could remain compliant while still maintaining the advantage of staking. The visitors commented on how these strategies align investor interests while strengthening network security.

This meeting is an inflection point for the SEC’s dialogue with the crypto community. If successful, staking has the power to unlock fresh sources of investor returns while strengthening blockchain networks, putting the United States at the vanguard of crypto innovation.

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Grayscale’s $16.1B XRP Trust Targets ETF Transformation: Massive Impact Ahead

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Key Takeaways

  • Grayscale’s XRP Trust aims to convert into a spot ETF, bringing XRP exposure to a broader investor base.
  • NYSE Arca filed the proposal with safeguards like pricing mechanisms, regulatory compliance, and enhanced transparency.
  • The SEC has up to 90 days to decide, making this a potential milestone for XRP in traditional finance.

NYSE Arca has officially submitted a proposal to the SEC for converting Grayscale’s XRP Trust into a spot ETF. This filing would allow the $16.1 billion trust to trade directly on NYSE Arca, making the cryptocurrency investments more accessible to U.S. investors without the need to hold the digital asset.

The trust’s operational system ensures both security and compliance. Coinbase Custody Trust Company will secure the cryptocurrency by placing it in cold storage utilizing an impenetrable, distributed vault system.

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Additionally, pricing data shall also be collected from CoinDesk’s Index, an aggregation of data from well-known exchanges Coinbase, Kraken, and Bitstamp. The deal has the goal of preventing manipulation, so there shall be fair, transparent, and unmanipulated prices.

The trust also will provide intraday indicative values every 15 seconds, Monday through Friday, from 4:00 AM ET to 8:00 PM ET. Besides greater market integrity, both NYSE Arca and FINRA also will monitor trades continuously to find any manipulation or irregularities.

Investor Benefits and Regulatory Oversight

The proposed ETF has institutional-scale infrastructure for investment in the Ripple’s cryptocurrency. Delaware Trust Company will act as the trustee, while transfer of the units shall be managed by BNY Mellon. A minimum creation unit and redemption unit of 10,000 units keeps the markets functioning smoothly, while NAV shall be calculated day by day so as to enhance transparency.

The ETF’s composition mirrors the price of the XRP market, minus fees and expenses, while it has the same creation and redemption method, one that includes cash. It does away with users having to deal directly with XRP, eliminating the complexity of complying with regulation.

Market makers contracted by the trust also have strict policies aimed at preventing abuse of insider information. The SEC has an initial period of 45 days, further extendable by 90 days. Public comments shall shortly be invited, allowing the stakeholders to give inputs on this historical progress.

A Pivotal Moment for XRP

Grayscale’s ETF application represents a huge leap toward the token’s entry into traditional finance. If approved, it has the possibility of paving the way toward greater XRP uptake, enhancing the token’s exposure and practical use by both institutional and retail players.

The precedent set by other crypto spot ETFs adds credibility to this application, but the niche attributes uniquely well-suited to the composition of the market of XRP may provide this project an advantage. Now, it lies in the SEC, possibly shifting the future of United States’ XRP investments.

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How Ethereum’s Vitalik’s 10x L1 Gas Scaling Will Change the Network Forever

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Key Takeaways:

  • Scaling Ethereum’s Layer 1 (L1) gas limit by 10x provides long-term value, enhancing Layer 2 (L2) functionality and security.
  • Vitalik Buterin emphasizes balancing short-term L1 scalability with decentralization and cost-effectiveness.
  • Use cases like L2 mass exits, cross-L2 asset transfers, and keystore wallet operations depend on increased L1 capacity.

Ethereum co-founder Vitalik Buterin has released a comprehensive article addressing the significance of scaling Ethereum’s L1 gas limit by approximately 10x. While L2 solutions dominate Ethereum’s roadmap, Vitalik argues that enhancing L1 scalability will be crucial in ensuring cost-efficiency, censorship resistance, and smooth operations for several use cases.

Highlighting recent gas limit increases from 30 million to 36 million, Vitalik explains how technological advancements, such as Ethereum Improvement Proposal (EIP) 4444 and stateless clients, make these changes safe and manageable. However, he stresses that increasing gas limits poses centralization risks and must be done cautiously.

The article delves into specific scenarios where L1 scalability becomes vital. For instance, the cost of bypassing censorship in L2 systems currently exceeds $4.50 per transaction, which can only be reduced through significant L1 scaling.

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Similarly, cross-L2 asset transfers, often needed for low-volume assets and NFTs, require affordable L1 operations. Without scaling, transferring assets between L2s remains prohibitively expensive for many users.

Cross-L2 Transfers and Mass Exits on Ethereum

One of the core arguments for scaling L1 lies in enhancing censorship resistance. While L2s rely on centralized sequencers, L1 ensures a decentralized mechanism for transaction inclusion, even in censorship scenarios. Vitalik explains that practical censorship resistance depends on low L1 fees and sufficient capacity for bypass transactions.

Vitalik also underscores the need for L1 scalability in handling mass exits during L2 disruptions. For example, a Plasma chain breakdown or a hostile governance upgrade could lead to mass withdrawals, overwhelming Ethereum’s current capacity. Scalable L1 solutions would allow more users to exit securely without facing exorbitant fees.

Future Use Cases and Trade-offs

The article also discusses how L1 scaling accommodates new use cases, such as issuing ERC20 tokens and performing keystore wallet operations. Given that more than 200,000 ERC20 tokens have been issued already on Ethereum’s L1, it is clear that scaling will be needed to meet future demand in a cost-effective manner. Vitalik’s vision includes optimized operations, like performing key changes for billions of users, to become possible with higher gas limits.

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Nonetheless, Vitalik warns that increasing L1 gas limits should not compromise Ethereum’s rollup-centric scaling vision. Scaling presents great opportunities but also poses challenges regarding the prospect of long-term decentralization and over-dependence on heavy L1 usage.

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India in Focus As Trump Announces Reciprocal Tariff Strategy

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Key Takeaways:

  • Trump’s reciprocal tariff plan targets nations with wide trade imbalances, focusing on developing countries like India, Brazil, and Vietnam.
  • The tariffs aim to boost U.S. revenue but risk igniting a global trade war and increasing inflation.
  • Wall Street reacted positively as no immediate implementation was announced, calming investor concerns.

President Donald Trump reaffirmed his commitment to establishing fair trade practices on Thursday by proposing sweeping reciprocal tariffs. These tariffs would be to put in place higher levies that particular nations place on US imports. Developing economies such as India, Brazil, Vietnam, and African nations would be most affected owing to significant tariff differentials.

As per reports, the White House released a fact sheet that highlighted cases such as India’s 100% tax on US-made motorcycles compared to Indian motorcycles that face a 2.4% tax. Trump lamented such one-sided scenarios, inviting nations to cut their tariff rates or take their factories to the United States. “If you build here, you have no tariffs,” Trump said, referencing job creation potential in the United States.

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While the government argues that such a move would assist in eliminating the trade deficit, there is a concern that there would be a backlash. Experts point to the fact that the burden of such tariffs would be passed on to American consumers in higher prices, with some describing the move as a short-term money-maker that would be a long-term economic concern.

Developing Nations Brace for Economic Shock

Countries with large tariff discrepancies, like India, would be in line to face heightened scrutiny. India’s average tariff on US imports is 9.5%, compared to just 3% levied by the US on Indian exports. Trump’s planned sit-down with Indian Prime Minister Narendra Modi would, though, provide short-term relief in case of a negotiated adjustment in tariffs.

Trump’s plan also mentions countries that employ value-added tax (VAT) systems, like Germany and other EU member states. The tariffs would hit such key imports as medicines and cars, making it more costly for American companies and consumers to acquire them.

Markets React to Delayed Implementation

Despite fears of a short-term financial impact, markets rallied after Trump temporarily put a hold on reciprocal tariffs. The Dow Jones added 343 points, and Nasdaq gained 1.5%, a signal of relief in investors. Trump’s move is more likely to be employed as a bargaining chip rather than a hard-line stance, hence it is less likely to precipitate a dramatic turnaround.

Keith Lerner of Truist Wealth explained that the delay allows companies to adapt. The threat of looming tariffs, however, is a possible business spending discouragement and a complicating aspect of Federal Reserve policy making.

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Polygon POL Rebounds: What Q4 Trends Mean for 2025 Growth

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Key Takeaways

  • Polygon’s POL token marked a 31% QoQ market cap increase in Q4 2024, reaching $3.8 billion as 88.1% of MATIC holders transitioned to POL.
  • Gaming activity on Polygon PoS declined sharply, while Polymarket and AI agent platforms like Eternal AI gained traction.
  • Agglayer advancements and institutional partnerships position Polygon for scalable growth and interoperability in 2025.

Polygon’s Q4 2024 report by Messari revealed notable shifts in the ecosystem. The migration from MATIC to POL marked a critical phase, with 88.1% of the supply transitioning to POL by year-end. After hitting a $12.9 billion market cap in Q1, POL experienced a significant drop due to the broader market decline and migration challenges.

However, Q4 brought recovery, with POL’s market cap rising 31% QoQ to $3.8 billion. Despite the temporary split between MATIC and POL, the token remains the largest Ethereum Layer-2 asset by market cap.

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Source: Mesaari

Transaction activity showcased contrasting trends. Although total transactions decreased by 2% QoQ, higher average fees led to a 53.2% surge in transaction fee revenue, totaling $2.9 million for the quarter. Implementing EIP-4844 on Polygon PoS significantly reduced Layer-1 posting costs, lowering average transaction fees to just $0.01.

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Source: Mesaari

Polygon PoS Gaming Activity Drops 66.7% in Q4 2024

Polygon PoS saw a sharp decline in gaming activity during Q4 2024, driven by MATR1X migrations and reduced engagement.

Average daily gaming addresses dropped 66.7% QoQ to 54,000, with transactions also falling 64% QoQ. NFT activity faced similar setbacks, with daily trading volumes declining 38.4% QoQ to $822,500. Major collections like Courtyard and Planet IX led sales, but overall demand weakened.

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Source: Mesaari

Meanwhile, Polymarket emerged as a standout performer. As a decentralized prediction market, it gained global attention for facilitating nearly $3 billion in bets on the 2024 U.S. elections.

Polymarket’s monthly active users soared to 347,000, making it a key player in the ecosystem. Additionally, Eternal AI’s launch of customizable decentralized AI agents in December highlighted Polygon’s growing role in innovative tech adoption.

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Source: Mesaari

Outlook for 2025

Polygon is set for a transformative 2025, as highlighted by their plans for the Agglayer mainnet launch, which is expected in February, to scale up interoperability across blockchains, as well as expand the Polygon Miden Beta testnet.

The institutional collaborations with companies such as HSBC and BlackRock have magnified its potential as a tokenized asset framework and Web3 adoption scalable ecosystem.

Polygon seeks to maintain leadership in Web3 infrastructure, capitalizing on the advanced ZK technology and the budding cross-chain liquidity. Even though some parts have been challenging, the resiliency and innovation characterizing the ecosystem remains very promising.

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Coinbase’s Q4 Earnings Smash Expectations with $2.3B Revenue Surge

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Key Takeaways:

  • Coinbase’s Q4 2024 revenue surged to $2.3 billion, beating expectations of $1.87 billion.
  • Trading revenue skyrocketed by 172% quarter-over-quarter to $1.6 billion, with $439 billion in trading volume.
  • The company reported a net income of $1.3 billion, driven by unrealized crypto asset gains and rising adoption.

Coinbase closed 2024 with impressive results reporting Q4 revenue of $2.3 billion – 88% increase quarter over quarter. Trading revenue was a remarkable $1.6 billion, which grew by 172% on the back of $439 billion in trading volume.

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Net income also increased sharply to $1.3 billion, boosted by $476 million of unrealized gains from the crypto asset portfolio. The company EPS exceeded consensus at $4.68. These results at the end of the year highlight a considerable improvement in the company and the overall crypto market after drastic changes in regulation in the US.

Total revenue for 2024 was $6.6 billion with net income at $2.6 billion. These gains were the result of Coinbase’s further investment in product development and marketing, followed by increased adoption from institutions and higher prices of crypto assets.

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Regulatory Shifts Signal a New Era for Crypto

A changing regulatory landscape has set the stage for Coinbase’s ambitions in 2025. The Trump administration’s pro-crypto stance and growing international interest are reshaping the industry. Coinbase aims to capitalize on this momentum, with plans to scale its products, drive utility, and expand trading market share.

In its Q4 earnings release, the company emphasized the importance of stablecoins such as USDC and its layer-2 infrastructure Base in advancing cryptocurrency’s real-world utility. The company also emphasized its efforts to work with regulators to obtain transparent, pro-innovation regulation. The company is eager to see US stablecoin and market structure legislation ahead, a turning point in cryptocurrency regulation.

Coinbase Sets Ambitious Goals for 2025 Growth

Coinbase maintains an optimistic perspective for the first quarter of 2025, having already achieved transaction revenue of $750 million by mid-February. The company anticipates that its subscription and services revenue will fall between $685 million and $765 million, bolstered by the increasing adoption of staking, custody services, and Coinbase One. However, operating expenses are projected to increase as a result of heightened trading activity and a growing workforce.

Having attained a USD resource balance sheet of $9.3, Coinbase is in a strong position to accomplish its objectives. The focus continues to be on expanding the platform, facilitating on-chain finance innovations, and international coverage. Through relentless pursuit of its core competencies, Coinbase intends to entrench its leadership position in the dynamic crypto economy.

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