XRP could see an explosive price expansion if it were to capture even a small slice of SWIFT’s daily transaction flow Recent discussions within the crypto community have increasingly focused on how XRP and the XRP Ledger (XRPL) might fit into the global payments landscape alongside SWIFT, the

The U.S. crypto market stands at a decisive crossroads as lawmakers, investors, and builders assess what comes next. January has emerged as a pressure point for regulation, capital rotation, and narrative control. On one side, Washington debates how digital assets should fit into the financial

Author: Nancy, PANews The curtain of 2025 gradually falls. Looking back on this year, the crypto world has undoubtedly reached a watershed moment. The industry has officially bid farewell to the wild gold rush era of the past, shedding T-shirts for suits, and opening the door to mainstream financial institutions. In this annual exam of moving from crypto to the mainstream world, PANews reviews the annual responses of 11 leading projects, covering tracks such as public chains, DeFi, stablecoins, cross-chain, and AI. These projects are no longer merely engaged in an arms race based on performance metrics but are collectively shifting towards compliance, practicality, and large-scale development. However, the completion of infrastructure has not yet directly led to a booming proliferation of crypto applications. The industry still faces issues such as homogenization and internal competition, difficulty in capturing value, and insufficient product-market fit. Looking ahead to 2026, these projects are focusing on integrating liquidity, breaking through scenarios to reach wider audiences, and developing sustainable economic models.

With stricter regulations and increased institutional participation, 2026 is expected to become the peak year for TGE, but market tolerance for new TGEs is decreasing. Projects need to focus on product-market fit and genuine user feedback, and develop sustainable strategies to address competition and liquidity challenges. The key to a successful TGE lies in whether the team can achieve value return and find sustainable sources of cash flow.

In the spirit of free markets and open experimentation, corporate boards should have the freedom to allocate treasury assets as they see fit, whether in cash, bonds, gold, real estate, or Bitcoin. Capital allocation has always been a core function of corporate management, not a passive

Author: CryptoCompound, Translator: Shaw Golden Finance When Bitcoin cools down after a strong rally, funds do not exit the cryptocurrency market—they seek new catalysts. The current rotation phase reflects this shift. After reaching a new high earlier this month, Bitcoin entered a consolidation phase, while ETF capital inflows continue to grow. As Bitcoin's dominance stalls, funds naturally shift toward projects with practical applications and upcoming milestone achievements. At this stage, savvy investors begin to position themselves early—they do not invest in unknown meme coins, but rather in altcoins with strong fundamentals and clear, verifiable progress. Below, I will introduce three projects that fit this pattern: Solana (SOL), Chainlink (LINK), and Hedera (HB

In brief QVAC Health stores biometric and activity data locally instead of using cloud servers. The release follows Tether's $81 million investment in a humanoid robotics startup. The company is yet to explain how its non-crypto ventures fit into its long-term plan. Decrypt's Art,

The UK doesn’t pass many one-clause statutes that redraw the map of personal property, but that’s exactly what arrived with Royal Assent on Dec.2. After years of academic papers, Law Commission consultations, and scattered High Court judgments trying to make old categories fit modern assets,

null Author: @kenchangh Compiled by: Hu Tao, ChainCatcher Initial Motivation I became interested in politics during my teenage years. Of all the books that radicalized my thinking, Ayn Rand's works (The Fountainhead, Atlas Shrugged) had the greatest impact. In 2016, with a libertarian heart, I donated to Gary Johnson. In addition to being a devoted follower of Rand, I was also very interested in computer programming, so cryptocurrency was a natural fit for me. I was deeply attracted to the spirit of cypherpunks. The concept of Bitcoin as a private bank for the wealthy fascinated me. The idea of crossing borders with a billion dollars in assets has always been incredibly striking to me. However, as time went on, I felt I lost my direction in the cryptocurrency space. After going full-time, the most...

Vanguard has published new guidance outlining what investors need to know about crypto exposure, pairing expanded access to third-party digital-asset funds with a push for clearer understanding of product structure, risks and how these holdings fit into broader portfolios. $11T Vanguard Drops

Determining which cryptocurrency to invest in requires a combination of timing, fundamentals, and narrative strength. Solana remains a favorite among many traders, but it isn’t the only one garnering serious interest. A handful of lower-priced altcoins are showing strong setups for both quick

Author: Cointelegraph Compiled by: White55, Mars Finance On December 3, 2025, Ethereum will activate the "Fusaka" upgrade on the mainnet, marking the second major hard fork of the year following the "Pectra" upgrade in May. The name Fusaka comes from the combination of two internal upgrade code names, Osaka (execution layer upgrade) and Fulu (consensus layer upgrade). What is Fusaka

[ETH](https://www.gate.com/post/topic/ETH) [Blockchain](https://www.gate.com/post/topic/區塊鏈) [Web3](https://www.gate.com/post/topic/Web3) Imagine if every step you take could yield real asset gains. The combination of fitness rewards programs and Blockchain technology is reshaping the way we live healthily. From exercise Token rewards to Crypto Assets fitness applications, the smart contracts fitness rewards system not only makes fitness an investment but also significantly boosts your motivation to exercise. Through the digitization of healthy living, you will grasp a brand-new fitness incentive scheme, thus creating a lifestyle that balances health and wealth. Are you ready?

In brief Grok went viral for absurdly declaring Elon Musk the top human in every category. Its Musk-flattering answers highlight potential system-prompt bias and manipulation. Grok claims it's "just a bit," but its behavior suggests deeper tuning behind the scenes. Decrypt's Art, Fashion, a

Analysts have emphasized a new facet of the Pi Network MiCA whitepaper, and a great deal of focus was put on the emerging fit of the project with the EU principles of digital identity. Although the regulatory milestone has been a common topic in trading circles, an identity-based transformation has

Written by: KarenZ, Foresight News Between the low-interest traditional financial market and the high-threshold cryptocurrency field, users have always lacked a "low-threshold, high-yield, and highly convenient" intermediary product. The largest lending protocol in Web3, Aave, launched its mobile application Aave App on November 17, attempting to package the most mature on-chain lending market into an "internet bank" form to fit into everyone's smartphone, entering the consumer finance track. But the key question is, what exactly does this mean?

Anthony Bassili from Coinbase Asset Management highlights that Bitcoin and Ethereum dominate investor interest in crypto assets, with Solana potentially being third. He suggests XRP is still uncertain in its fourth position until it proves further market fit and liquidity.

Author: 0xJeff Compiled by: Deep Tide TechFlow 2025 is a year full of challenges - despite the U.S. President's promise to make the United States a global center for cryptocurrency and artificial intelligence, the crypto industry has had a tough year. Since Trump took office in January this year, the crypto space has experienced a series of tense moments, especially the flash crash event in October, which plunged the entire industry into paralysis. Although the ripple effects of the flash crash event have not been completely eliminated, the macroeconomic backdrop and industry tailwinds have brought a positive quarter and an optimistic outlook for 2026. In this article, we will delve into the six major behind-the-scenes trends shaping the crypto industry, revealing the changes that may occur by 2026. Let's start exploring ↓ 1. Prediction Market = The product fit of crypto options in the market Prediction Market (Predic

Opinion by: Alon Muroch, founder of SSV Labs A green light for institutional staking alone will not signal a long-term future for Ethereum. As institutions enter the Web3 ecosystem, they need to recognize that ETH isn’t an asset that can be fit into existing TradFi molds; it’s the World Computer.

Top altcoins to buy today are lighting up Q4 2025 as crypto projects blend lifestyle, tech, and utility in new ways. The market’s energy has shifted from hype to real-world innovation, and LivLive ($LIVE) stands right at that turning point with game-changing mechanics that redefine how tokens fit in

Protocol rolls out localized Asian experiences, including planned Mandarin-language version. Launch continues multichain expansion after Abstract and Linea integrations in 2024. Co-founders cite BNB Chain’s diverse user community as strategic fit for global accessibility. The prediction

According to Mars Finance, on October 24, kain.mega, the founder of the cross-chain aggregation DeFi platform Infinex, announced on social media that "the Infinex Token will soon be launched. The team has prudently evaluated and unanimously believes that obtaining token liquidity before achieving product-market fit is unfair to the community. Therefore, the team voluntarily re-locks all token shares (accounting for 20% of the total supply) for 12 months, and after unlocking, implements a 12-month linear vesting. This decision has been recognized by all members, and we are prepared for long-term development."

Monk criticizes the pessimistic sentiment in the crypto market in a recent article, believing that the current situation is similar to the internet bubble of the 1990s, and that real innovation is still taking place. He points out that the pessimism in the crypto community stems from the difficulty in obtaining excess returns, and emphasizes that this is a growing pain of emerging industries. He calls on everyone to embrace long-term optimism and predicts that more market-fit encryption protocols will emerge in the future.

The ASTER Token has shown remarkable resilience amidst market volatility, recently soaring to the $1.39 mark, with a volume exceeding $1.42 billion. Technical Analysis indicates a perfect fit with the Fibonacci retracement levels, with Aster price prediction targets set at $2.67 and $3.39, making it a focal point of interest for savvy investors.

Rebrands in online games are not often quiet, and the change from MenaceKing to Menace is no different. The first name had meaning, but it also hinted at a depth that did not fit the site&39;s clear look anymore. Today&39;s gamers want quickness, ease, and clarity. By leaving out “King,” the site

BlackRock is assessing the potential for a spot XRP ETF based on factors like client demand, asset fundamentals, and strategic fit. The firm's strong crypto ETF performance raises interest in XRP, especially after the SEC lawsuit's resolution and the success of the REX-Osprey XRP ETF. Investors await the SEC's decisions on various XRP ETF proposals.

In recent years, discussions about the international banking network SWIFT adopting Ripple's XRP Ledger (XRPL) for cross-border real-time settlement have been heating up. With Ripple advancing on institutional adoption, tokenization of funds, and the stablecoin RLUSD, along with news of SWIFT testing blockchain systems, market expectations for XRP have increased. However, there remains a significant gap between reality and hype. SWIFT's strategic positioning, the technical fit of XRPL, the compliance environment, and institutional trends will all determine whether XRP can become part of the SWIFT settlement system.

Collector Crypt is an NFT trading platform that combines real-world assets, attracting players through verification and repurchase mechanisms. Its unique card-drawing system raises customer expectations and generates substantial profits. The platform successfully demonstrates market potential despite facing competitors like Phygitals, thanks to its technological moat and innovative business model.

We are pleased to announce that ArkStream Capital has made an additional investment of $10 million in Ethena in August 2025, reinforcing our long-term strategy following the initial investment of $5 million in December 2024. This increase is a testament to our high recognition of Ethena's simultaneous structural breakthroughs in both product and Capital Market. What we are firmly betting on is not only the explosive growth in data but also the institutional innovation of Ethena in the Capital Market. The flywheel of "Coin-Stock Dual Track" In the past two years, Ethena has not only proven the product-market fit of USDe but is also bundling a purely crypto-native decentralized protocol with a capital vehicle that can be configured for the US stock market into a "dual-track" flywheel we refer to as Capital-Mar.

The U.S. government is not openly using stablecoins to devalue its $37 trillion debt, but speculation is rising about how digital dollar-pegged assets could fit into debt management A claim from Anton Kobyakov, a senior adviser to Russian President Vladimir Putin, has reignited the debate. He

Author: Mac Budkowski, Deep Tide TechFlow Original title: Kiwi Co-founder: On the matters of building consumer crypto applications --- In the past few years, I have been dealing with cryptocurrency founders. I have interviewed them on my podcast, interacted with them at conferences, and became one of them when I co-founded a startup called Kiwi, which focuses on Ethereum hacking news. Since I left Kiwi in June, I have had some time to review and reflect. I do believe that consumer-facing crypto projects are quite different from regular consumer startups. The reasons are as follows. Searching for water source We all know that the goal of a startup is to find the Product-Market Fit (PMF), which is a magical combination—the perfect integration of product features and distribution channels.

From DOGE and SHIB to Utility-Backed Cryptos The meme coin sector is going through a transformation in 2025. It was once dominated by hype-driven projects like Dogecoin (DOGE) and Shiba Inu (SHIB), but the market is now turning its attention to utility-backed cryptocurrencies. There are two

Original author: a16z crypto Original text整理, compiled: Portal Labs Original Title: Preparing for the Pitch with Arianna Simpson --- In the Web3 world, cycles are not accidents, but the norm. The alternation of bull and bear markets is like the tides of capital and the four seasons of nature. For founders, the biggest challenge has never been predicting the next reversal, but how to survive the ups and downs, and even build long-term value against the trend. Recently, a16z crypto partner Arianna Simpson shared her experience of over a decade investing in the crypto industry on a podcast. From the shock of the Bitcoin whitepaper, to the product-market fit of stablecoins, and then to Crypto and

Author Anil Lulla, CEO of Delphi Digital; Translated by: Jinse Caijing xiaozou People like to say that cryptocurrencies have no PMF (Product-Market Fit), but from my perspective, this suggests that they are a group of cynics who have not taken the time to explore the various applications that developers around the world are constantly launching. I would like to highlight some of my favorite crypto applications that I have used in 2024, hoping to inspire some of you to give these apps a try. These teams are working hard to create useful products, and we can at least take the time to test their efforts. Before we delve deeper into the discussion, I would like to make some disclaimers and disclosures. I have personally engaged with these products and/or their tokens in various ways. I use \ to indicate any projects that I have encountered in any manner. None of these constitute financial advice.

Written by: Tim.0x Compiled by: Yangz, Techub News About a month ago, Crypto Twitter was filled with discussions about the topic of "revenue," emphasizing its importance in discussing other aspects. At that time, I shared the viewpoint that revenue itself is closely related to all businesses/industries, and we should not treat it as a "meta" or "trend" for discussion. In the traditional finance sector, the success of a startup often depends on its product-market fit (PMF) and revenue, and this should be no different in our industry (the cryptocurrency industry). Looking at the current hot projects, you will find that those with substantial income and successful protocols share some common patterns. In most cases, they either implement buyback plans or adopt profit-sharing mechanisms to activate and support the protocol's economy.

The success of a Token depends on three key factors: narrative, product-market fit, and value capture. However, most projects encounter bottlenecks in the most critical value capture phase. This article is based on a piece written by Ponyo and organized, compiled, and authored by Foresight News. (Background: Five minutes to explode by 200%! Hyperliquid stages a bloody short squeeze of XPL, how do Whales hunt the market?) (Background Supplement: Conversation with Hyperliquid founder Jeff: How 11 people built "on-chain Binance") Key Points The success of a Token relies on three main factors: narrative, product and market fit (PMF), and value capture. Most Tokens stop at the "two-thirds" stage: the narrative is easy to construct, and while product-market fit is challenging, it is not a make-or-break situation; however, value capture is even more complex - stakeholders.

Author: s4mmy, encryption KOL Compiled by: Felix, PANews Note: The author holds some assets mentioned in this article and has collaborations with some of the projects. With the market in turmoil, you may have a question in mind: Is the market about to peak? The post-traumatic stress disorder (PTSD) from previous cycles is starting to resurface. But as the market matures, it is important to consider what new institutional participants prioritize: revenue. Hopefully, there can be a sustainable business model! Decentralized Artificial Intelligence ("DeAI") has finally started to generate real revenue. Computing, data, and agency services are showing signs of product-market fit. Here’s why the next wave of growth may come from fee conversion and enterprise demand. Preface Artificial intelligence is the most disruptive technology of this era. The most valuable company in the world (NVIDIA) produces products for artificial intelligence.

Key Points Investors may have access to Solana ETFs in a matter of months. If the Federal Reserve cuts interest rates, it could lead to higher prices for Solana and other cryptocurrencies. Solana's speed and low costs make it a natural fit for tokenized real-world assets. 10 stocks we like

Author: Steven Ehrlich Source: unchainedcrypto Translation: Shan Ouba, Jinse Finance The emergence of stablecoins is due to the flaw of cryptocurrencies (especially Bitcoin) being unable to maintain price stability. Over the years, they have been regarded as the "blood" that sustains the operation of blockchain by major public chains. But now, stablecoins have gained regulatory backing from Washington, while public chains have not. Moreover, they no longer seem satisfied with merely being the appendages of blockchains that are still searching for product-market fit. The stablecoin blockchain is coming soon. Why should the two giants feel nervous? With the passage of the GENIUS Act, stablecoins will usher in a new wave of explosion - and the main issuers are now aiming to operate their own Layer 1 public chains, rather than just relying on other chains. If they succeed, it means that some will be eliminated.

Key Takeaways: South Korea’s Dunamu (Upbit operator) and Vietnam’s Military Bank sign MoU to launch the nation’s first domestic crypto exchange. The union of Upbit and MB offers the worldwide exchange model of the first one and the national banking network and regulatory fit of the latter. A

Caitlin Long, CEO of Custodia Bank expressed skepticism about Ripple and the XRP Ledger right after Brad Garlinghouse's company applied for a license to establish National Trust Bank. She stated that this is not a decentralized project, the initial token issuance is not transparent, and this platform.

Author Anil Lulla, CEO of Delphi Digital; Translated by Jinse Caijing xiaozou People like to say that cryptocurrencies lack PMF (Product-Market Fit), but from my perspective, this indicates that they are a group of cynics who have not taken the time to explore the various applications that developers around the world are continuously launching. I would like to highlight some of my favorite crypto applications that I used in 2024, hoping to inspire some of you to give these apps a try. These teams work hard to create useful products, and we can at least take the time to test their efforts. Before we delve deeper into the discussion, it is necessary to make some disclaimers and disclosures. I have personally encountered these products and/or their tokens in various ways. I use \ to indicate any projects I have come into contact with in any way. These do not constitute financial advice.

Deng Tong, Golden Finance Ten years of forging a sword, not just sharpening, but also expanding the territory. Ethereum has traversed a decade of time, evolving from a niche geek's experimental ground into a bridge connecting blockchain technology with real-world finance. In the ebb and flow of the vast sea of cryptocurrency, countless projects rise and fall; Ethereum has endured the test of time, becoming ever more solid as a rock, radiant like the Milky Way. 1. Origin From a young genius to a clear understanding of one's true nature Vitalik perhaps possesses that quality - standing in a crowd, people can spot him at a glance. His tall stature, blue eyes that seem somewhat melancholic, the tolerance and gentleness in his calmness... People always love to hear stories of prodigies, and Vitalik's persona seems to fit this perfectly: exploring Excel on a computer at the age of 4; learning programming at 8; speaking at 9-10; developing video games at 10-11; encountering Bitcoin at 17; creating Ethereum at 19... However, today's Vit

Lado Okhotnikov isn’t someone you can label simply as a “successful businessman” and move on. He doesn’t fit into a single category. Kazakhstan, childhood training on the mat, film directing school, tea ceremonies, corporate experience, Georgian streets, business in Dubai: these aren’t just

The best crypto presale to invest in today is no longer a question of hype alone — it’s a question of projects that solve real-world problems. And in 2025, that interest has shifted towards altcoins that offer practical tools, specifically those that fit into the Ethereum ecosystem. One project

In Brief Kay Zhao, Marketing Lead at Lista DAO, discussed DeFi’s obstacles and how Lista is addressing them through simplicity, product-market fit, and user-centric innovation. At Hack Seasons Cannes, Kay Zhao, Marketing Lead at Lista DAO, shared a candid and refreshing take on what’s still

OpenAI product manager Miqdad Jaffer pointed out in his personal blog that the market fit framework for traditional products in 2925, (PMF), has become obsolete. The so-called AI PMF paradox is that while AI makes it easier to achieve product-market fit, it also makes it harder to reach. He proposed a four-stage framework for systematic success in AI PMF and included an AI product PRD template in the text. AI PMF has three key differences from traditional frameworks. Product-Market Fit ( PMF is an industry term that refers to the market demand for a product. Miqdad Jaffer straightforwardly states that product-market fit used to be simple: create what people want, validate the demand, and then scale. However, in the age of AI, everything is...

Inception, a liquid restaking token platform, is shutting down after two years due to a lack of product-market fit and sustainable liquidity. The team assures that user assets are safe and encourages prompt withdrawals.