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Showing posts with the label staking

Binance launches RWUSD earn product with 4.2% APR

Binance, the world’s largest cryptocurrency exchange, has announced RWUSD, a principal-protected Binance Earn product that aims to benchmark returns in Real-World Assets such as tokenized U.S. Treasury Bills, as per the report shared with Finbold on July 28. The product offers up to 4.2% APR and can be used as collateral for VIP Loans. Users can subscribe to RWUSD with USDT or USDC and redeem 1:1 to USDC. Rewards are distributed daily in RWUSD to users’ spot accounts, with options for instant redemption or T+3 settlement. The product can serve as collateral for Binance VIP Loans while continuing to accrue rewards. RWUSD follows similar Binance products BFUSD and LDUSDT, as a principal-protected, reward-generating product. The company clarifies that RWUSD represents a record of user subscriptions and rewards rather than being a stablecoin, security, fund, or tokenized RWA, and cannot be traded between users or transferred off the platform. Product features  ...

The Great Ethereum Puzzle: Staking Climbs, TVL Plateaus

The Great Ethereum Puzzle: Staking Climbs, TVL Plateaus! Over the past year, Ethereum has continued to evolve as the dominant smart contract platform, but a curious divergence has emerged that’s puzzling analysts and builders alike: staking is hitting all-time highs, while Total Value Locked (TVL) in DeFi remains largely stagnant. This divergence highlights a deeper shift in user behavior, market dynamics, and how value is being captured in the Ethereum ecosystem. Staking Surge: Confidence or Complacency? Ethereum’s transition to proof-of-stake (PoS) marked a major milestone. As of mid-2025, over 31 million ETH is staked—nearly 26% of the total supply. This sharp rise reflects increasing confidence in Ethereum’s security and longevity. Staking provides yield with relatively low risk, especially when compared to the often volatile and exploit-prone world of DeFi. Institutional investors and retail users alike are drawn to the predictable returns from staking. With liquid staking p...

Top 5 Cryptos to Watch in February 2025 – Next 10x Meme Coin Gems?

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The cryptocurrency market is facing some challenges, with Bitcoin hovering around $94K and the global market capitalization at $3.2 trillion. Amidst the bearish sentiment, certain projects are standing out as potential opportunities. Here’s a breakdown of five cryptos currently making waves. Solaxy (SOLX) Solaxy is a Layer-2 scaling solution built to improve Solana’s performance and reduce network congestion. Solana offers fast transactions with low fees, but growing demand has caused bottlenecks, leading to failed transactions and delays. Solaxy aims to solve these issues with off-chain processing and better scalability. One key feature of Solaxy is off-chain transaction processing. Instead of running every transaction on Solana’s main network, Solaxy processes them externally before finalizing them on-chain. This reduces data load and keeps transactions smooth, even during high traffic. Solaxy also includes transaction bundling, which groups multiple transactio...

Ethereum Price Prediction As ETH Liquid Staking Soars 1,200% And Analysts Say Consider This GambleFi Crypto For 100X Gains

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The Ethereum price dropped 2% in the last 24 hours to trade at $2,428 as of 03:23 a.m. EST on trading volume that fell 2% to $23.2 billion. At a time when the cryptocurrency market has been experiencing a downturn, Ethereum staking has been gaining, with the last two weeks recording massive advances. This shows growing investor confidence in Ethereum’s long-term potential, as staking is viewed as a way to earn rewards and contribute to network security. Since the beginning of 2024, Ethereum staking has seen a significant 1,200% increase in its Total value Locked (TVL). Can this investor confidence boost the Ethereum price? Ethereum Price Prediction The Ethereum price dropped from the $3,500 resistance to the $2,200 support at the beginning of August, according to data from GeckoTerminal . The bulls then took control of the price, propelling the token to the $2,500 support. ETH has been trading within this range on a sideways pattern, as the bulls aim for a breakout above t...

X Mining could reshape Bitcoin mining via staking

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. X Mining, a Bitcoin mining infrastructure designed to democratize the process of Bitcoin mining, is launching early access to Bitcoin mining profits. The X Mining stake-to-mine The Bitcoin mining space is full of expensive mining rigs and a lot of technical knowledge that is expensive, complex, and energy intensive.  These are the problems the X Mining project is designed to solve using a “stake-to-mine” model that makes mining on Bitcoin accessible and potentially profitable for everyone. You might also like: WEN airdrop concludes with unclaimed supply burned, price sees significant movement The vision behind the platform’s design is to democratize the process of Bitcoin mining not just for established mining entities but also accessible to all interested participants in the crypto space.  It is desig...

EigenLayer deploys restaking protocol on Ethereum mainnet

Ethereum re staking protocol EigenLayer has launched on Ethereum mainnet . The launch supports tokens including stETH, rETH, cbETH and solo-stakers. EigenLayer is designed to extend Ethereum security to software modules such as bridges, oracle networks and consensus mechanisms by utilizing restaking to offer pooled security mechanisms. They’re built on top of the network.  The EigenLayer protocol consists of stakers, who commit stake, and operators, who provide technical validation services for actively validated services (AVSs), Brianna Montgomery, head of strategy at Eigen Labs, told Blockworks. Several AVSs are building on EigenLayer, and a handful have publicly pointed to their plans, Montgomery said.  Known AVSs include EigenDA, Espresso, Witness Chain, Omni and Lagrange.  “Others are building in private,” Montgomery said. “More details about projects building on EigenLayer will be shared as and when available.” How does EigenLayer work? Stakers can give permission to ...

LSD for DeFi: Tenet, LayerZero partner to drive cross-chain liquid staking adoption

Cross-chain interoperability protocol LayerZero’s infrastructure aims to drive liquid staking adoption across the DeFi ecosystem. Layer-1 blockchain Tenet is set to see its liquid staking derivatives platfrom plug into a cross-chain decentralized finance (DeFi) ecosystem through a partnership with omnichain messaging protocol LayerZero. Tenet has plugged into LayerZero’s cross-chain protocol to access the wider DeFi ecosystem across a number of different blockchains. The Cosmos-based blockchain is a DeFi-focused ecosystem which provides liquid ity and yield products for liquid staking derivatives (LSDs). LSDs have been a central cog in the DeFi ecosystem for some time. A prime example is Ethereum (ETH) liquid staking pools like Lido allowing users to stake and unstake ETH seamlessly leading to massive amounts of capital being staked for lucrative yields. Tenet’s network allows users to create projects and tokens which will now be integrated with LayerZero technology. The intero...