On September 30, according to Gate’s market data, the native token XAN of Anoma Network rose by 56.01% within 24 hours, reaching a peak of 0.26 dollars. As of the time of writing, it is reported at 0.24 dollars, with a market capitalization of approximately 602 million dollars, ranking 113th in the global cryptocurrency market capitalization. Price Trend Attracted the attention of global crypto traders.
As one of the most anticipated blockchain projects of 2025, Anoma officially launched its native token XAN and started its mainnet deployment on September 29, receiving simultaneous online support from mainstream exchanges such as Gate.
01 What is Anoma Network? A grand vision for a Web3 operating system
Anoma is not another L1 or L2 blockchain, but a higher-level abstraction that shifts the focus of innovation to the application layer, aiming to unify all chains into a single development environment.
In simple terms, Anoma aims to be Web3 decentralized operating system.
At the recent Blockchain Festa 2025 event, Anoma co-founder Adrian Brink boldly claimed: "The Anoma operating system aims to be the ‘Windows 95 of Web3’ - the foundational operating system for the blockchain world."
Unlike traditional blockchain architectures, Anoma adopts an intent-centric design that decouples user instructions from the execution process.
Users only need to express the results they want (for example, "exchange X and Y at the best rate"), without having to specify exactly how to execute it. The system will automatically find the optimal execution path through a dedicated solver network.
02 Three Core Technologies: Intent Resolution, Atomic Cross-Chain, and ZK Privacy
Anoma’s technical architecture is built around three major innovations, aiming to address the main pain points in the current Web3 space.
Intention Center Architecture
Users only need to declare the results they want to achieve, rather than specifying the exact trading steps. A dedicated solver network is responsible for competitively finding the best execution path to fulfill these intents across multiple blockchains.
Atomic Cross-Chain Coordination
Anoma ensures that all cross-chain operations are either fully completed or not completed at all, eliminating the risk of partial execution. This capability allows it to seamlessly coordinate operations across multiple networks such as Ethereum and Solana.
Zero-Knowledge Privacy Protection
By integrating zero-knowledge proof technology, Anoma protects user privacy while achieving cross-chain interaction, ensuring that transaction details are not publicly exposed.
In addition, Anoma supports fractal scaling and bridge-less composable interactions, allowing it to naturally scale with user growth without a central bottleneck.
03 XAN Tokenomics: Total Supply of 10 Billion and Governance Mechanism
Anoma’s native token XAN has a fixed total supply of 10 billion tokens, and its distribution design is clearly biased towards community and ecosystem development.
The token distribution plan is as follows:
- Community, market, and liquidity incentives: 25%
- Research and Ecosystem Development: 19%
- Anoma Foundation: 10%
- Investors: 31%
- Core Contributors: 15%
It is worth noting that 10% of the total supply has been reserved for the airdrop program, and registration for the first season closed on September 22, 2025.
In terms of governance, Anoma introduces a checks and balances mechanism. The "voting group" and the "governance committee" composed of token holders can initiate upgrade proposals.
When the voting group fails to reach the legal number, the governance committee can initiate an upgrade proposal; and proposals initiated by the committee can be vetoed by the voting group, forming a system of checks and balances to prevent any party from acting unilaterally.
04 Market Performance: Exchanges Widely Launch and Airdrop Frenzy
Anoma gained widespread exchange support on September 29, 2025, including major platforms like Gate, which have all launched XAN trading.
According to Gate’s official announcement, Anoma (XAN) officially launched for spot trading on September 29 at 10:00 (UTC).
At the same time, the Anoma Foundation has launched the token airdrop query function for the first season, allowing users to check if they qualify for the airdrop. In addition, the second season token airdrop event is about to begin, which will bring a new round of market attention to XAN.
In terms of financing, Anoma Network has raised approximately 60 million dollars, demonstrating strong institutional support.
This figure far exceeds emerging competitors like Falcon Finance (10 million USD) and OpenEden (5 million USD).
05 Expert Opinion: Execution Risks Under High Ratings and Competitive Advantages
Third-party analytics firms have given high recognition to Anoma. According to the Muur framework scoring, Anoma performs excellently across multiple dimensions:
- Product Score: 7.25⁄10
- Tokenomics score: 7.42⁄10
- Community Score: 8.20⁄10
- Weighted final score: 8.12⁄10
Analysis indicates that Anoma’s strongest signals come from its competitive advantage (9/10) and ecosystem support (7/10), as well as a healthy community influence.
An analyst emphasized that Anoma’s goal is "broader than UniswapX or CoW Swap, deeper than SUAVE, and more versatile than Espresso." If successful, it will become the coordinating layer for cryptocurrencies.
However, experts have also pointed out potential risks. The analysis report from Chain Catcher indicates that the risks are mainly concentrated on "the clarity of token economics and the proof of scalable execution."
The current signal is partially driven by incentives, and projects must demonstrate organic demand after the mainnet.
06 Risks and Challenges: Technical Complexity and Market Competition
Although the prospects for Anoma are promising, investors and users still need to be vigilant about the following risks:
Technical complexity: The large-scale implementation of atomic cross-chain settlement and privacy protection is extremely complex from a technical perspective. Security risks during the intention-solving process (such as DoS attacks against solvers) and the complexity of cross-chain settlement need to be vigilant.
Market Competition: Anoma faces a highly competitive landscape, including projects such as UniswapX, CoW, SUAVE, and Espresso. Although its positioning as an operating system-level coordination layer makes its scope unique, the competition for market share will remain fierce.
Token release rhythm: Although the community and ecological allocation ratio is relatively high, the investor’s share accounts for 31%, and except for the community portion, the remaining allocation will be locked for 12 months and then released linearly over the following 36 months.
This release rhythm may lead to certain selling pressure in the subsequent market.
07 Future Outlook: From Ethereum Priority to Full Ecosystem Expansion
Anoma’s future development roadmap showcases its ambition to connect the traditional financial world with DeFi.
The project adopts an Ethereum-first strategy, which will first support key Ethereum Layer 2 networks after the Ethereum mainnet, and then expand to other ecosystems.
This strategy allows access to the largest development and liquidity pools in the short term.
Anoma plans to launch its mainnet by the end of 2025 (expected in November-December), based on Cosmos technology for atomic cross-chain coordination and zero-knowledge privacy.
In the long term, Anoma’s vision is to become a chain-agnostic development platform that supports programmable data sovereignty, adapting to the multi-chain DeFi trend of 2025.
Future Outlook
As the token generation event on October 1 approaches, Anoma Network is sparking widespread discussion within the crypto community. Its innovative intent-centric architecture indeed brings new technical ideas to the Web3 space.
Regardless of whether it ultimately achieves its grand vision of a "Web3 operating system," this innovation is driving the entire industry forward.
For the Web3 world, Anoma represents a bold attempt to solve the problem of blockchain fragmentation.
