The Tornado Cash victory against OFAC is a major milestone for the web3 and DeFi development in the United States and globally.
The use of crypto mixers by bad actors remains an existential threat to the wider crypto market.
United States District Judge for the Western District of Texas, Robert Pitman, ruled in favor of Tornado Cash, a popular crypto mixer, against the Office of Foreign Assets Control (OFAC). According to court documents dated April 28, the OFAC is now legally prohibited from reinstating the original sanctions.
In August 2022, OFAC added Tornado Cash to the Specially Designated Nationals and Blocked Persons (SDN) list. According to OFAC, Tornado Cash enabled bad actors, led by North Korea-backed Lazarus, to launder more the. $7 billion in crypto assets.
However, some Tornado Cash users, led by Joseph Van Loon, presented strong arguments that the Department of Treasury had overstepped its authority. On the top list, the Plaintiffs argued that Tornado Cash is not a person and immutable smart contracts are not property.
In addition to citing constitutional violations of free speech and financial privacy, Tornado Cash can seamlessly exist in the United States.
Bigger Picture of Tornado Cash Final Ruling
The final blow to the Department of Treasury by the Tornado Cash is a huge victory for the web3 developers in the United States and globally. The ruling was hailed by web3 leaders led by Paul Grewal, the Chief Legal Officer at Coinbase, among others.
Moreover, open source development of web3 protocols will take shape under the Donald Trump administration, especially amid the anticipated crypto legal clarity.
Meanwhile, TORN price gained around 1 percent following the announcement to trade about $7.38 at the time of this writing. The small-cap altcoin, with a fully diluted valuation of about $74 million and a 24 hour average trading volume of about $2.6 million, had rallied over 160 percent in the past year.
Bittensor’s (TAO) subnet ecosystem continues to capture attention with its impressive performance amidst broader market volatility. The market cap has shown substantial growth. Additionally, the total number of subnets has increased threefold over the past year. At present, there are 95 subnets on the network.
Interestingly, the top three subnet tokens—Chutes (SN 64), Gradients (SN 56), and Targon (SN 4)—have posted strong monthly gains. While the momentum has slowed recently, the tokens’ fundamentals and community support remain important factors for consideration.
Chutes
Chutes is a serverless AI compute subnet on Bittensor. The platform offers tools for deploying AI models directly through their platform or via an API, making it simple for developers to integrate AI into their applications without needing to manage the underlying infrastructure.
In terms of performance, the token’s price has increased by approximately 170% over the past month. Since late March, the subnet token has seen a substantial rally, driving its market capitalization to surpass $100 million.
“Bittensor TAO has its first $100 million subnet, just 9 weeks after dTAO launch. Congrats Chutes (SN64)! Chutes is ‘serverless AI’ providing ‘instant on’ AI model hosting (DeepSeek, Mistral, etc.) for 85% less cost than AWS,” a user highlighted on X.
Nonetheless, the high was followed by a slight correction. Since mid-April, the token has been trading more steadily. At press time, it traded at $115.4 (0.35 TAO), representing a weekly decline of 12.1%. In addition, its market cap has also dipped to $93.7 million.
Chutes (SN 64) Token Performance. Source: Tao Stats
It is worth noting that Chutes is one of three subnets developed by Rayon Labs on Bittensor, alongside Gradients and Nineteen. The former is next on the list.
Gradients
The Gradients subnet is designed to make AI model training accessible to everyone. It leverages the Bittensor network’s decentralized infrastructure, allowing users to easily train AI models with minimal effort, even without prior AI knowledge. Its latest version (V3) was launched on April 15.
Wanted a comparison? You’ve got it.
TLDR: Gradients is cheaper AND better.
Some come close to the performance (Google Vertex) but at high cost per hour.
Some come close to the cost (togetherai) but not even close to the performance.
Impressively, its gains even surpass Chutes. Its price has appreciated by over 550% in the last month.
“Gradients has pumped 500%+ in just a couple of weeks,” an analyst observed on April 2.
Yet, much like Chutes, the subnet token also saw a correction, which caused it to shed 30.7% of its gains over the past week. At press time, Gradients’ trading price stood at $54.1 (0.16 TAO).
Gradients (SN 56) Token Performance. Source: Tao Stats
Despite this, the community’s optimism remains quite strong.
“Subnets created by Rayon Labs now account for over a quarter of emissions on Bittensor. This is what happens when a world class team builds with conviction and actually delivers. The network rewards those shipping real products and bringing real value,” the analyst added.
Targon
Lastly, the Targon subnet is a decentralized infrastructure within the Bittensor network, specifically designed to support a marketplace for digital commodities related to AI. As a decentralized system, Targon enables AI models to interact, process, and generate information across various data types and formats without relying on a centralized authority.
“Targon stands out as one of the strongest subnets in the ecosystem,” a user claimed.
Nevertheless, the subnet token has seen the smallest gains compared to its counterparts. Its value has appreciated by around 60% over the course of the last month. It faced a correction in early April. After a slight recovery, the declines resumed.
Targon (SN 4) Token Performance. Source: Tao Stats
At press time, the token’s price was $52.4 (0.15 TAO), a downtick of 19.3% over the past seven days.
As more developers and businesses explore decentralized AI solutions, Bittensor’s ecosystem is likely to expand. The ongoing evolution of these subnets will be crucial in shaping the future of AI infrastructure, and monitoring future developments could likely reveal new opportunities within the decentralized AI market.
After a spree of enforcement actions against criminal activity, the US stacked an impressive amount of Bitcoin over ten years. Crypto Czar David Sacks argues that selling the confiscated Bitcoins for a pittance has cost US taxpayers a fortune ahead of the planned Crypto Strategic Reserve.
America Could Have Gained $17 Billion From Hodling Its Seized BTC, Says Crypto Czar
Crypto Czar David Sacks has criticized previous administrations of the US government for selling off seized Bitcoins. According to Sacks, the value of the disposed assets is now worth a large fortune that could benefit US taxpayers.
In a post on X, Sacks disclosed that the US sold nearly 195,000 BTC over ten years for only $366 million. He argues if the federal government did not sell the Bitcoins, the assets would have been worth over $17 billion as Bitcoin eyes $100,000.
“If the government had held the bitcoin, it would be worth over $17 billion today,” said Sacks. “That’s how much it has cost American taxpayers not to have a long-term strategy.”
The US government’s BTC holdings came from busting criminal activities on the deep web with the Silk Road seizures topping the list. At the time, US authorities confiscated nearly 170,000 in a single bust from Silk Road founder Ross Ulbritch in 2013.
In 2020, authorities seized an additional 69,370 BTC and an additional 50,000 BTC associated with the Silk Road project.
US Authorities Sold Confiscated Bitcoins In Droves
The U.S. Marshalls Service (USMS) holds the confiscated BTC and organizes auctions for the sale of the assets. The Department of Justice (DoJ) has approved several BTC auctions drawing criticisms from several quarters over the handling of sales.
The last sale occurred barely 10 days before new President Donald Trump assumed office amid whispers of a national Bitcoin Strategic Reserve for the US. President Trump has announced a Crypto Strategic Reserve tapping Bitcoin and a slew of altcoins to bolster holdings.
“This isn’t just mismanagement. It’s theft from American taxpayers,” said Jane Adams on X. Imagine what could’ve been done with that wealth if only they had a clue about long-term strategy.”
As the government inches toward a Bitcoin reserve, the sale of confiscated Bitcoins will be a rarity in the US. Furthermore, the US may earmark a portion of its budget to scoop Bitcoins following high-level discussions in Friday’s White House Crypto Summit.
Dydx coin price could hit a maximum of $1.42 in 2025.
dydx price with a possible uptrend may hit a maximum of $10.80 by 2030.
DYDX is one of the leading platforms in the world of decentralized finance, which allows people to trade cryptocurrencies without relying on traditional exchanges. DYDX was one of the first platforms to offer advanced trading features like borrowing and derivatives in a decentralized manner.
Now built on its own blockchain for faster and cheaper transactions, dYdX is run by its community through the DYDX token. Users can earn rewards by helping secure the network, and big updates like dYdX Unlimited are adding even more tools and benefits.
Previously, dYdX used a token called ethDYDX on Ethereum. This token is now being moved to the new dYdX Chain, where it becomes DYDX with more features and uses. Curious about dYdX’s future price? This dYdX price prediction 2025, 2026-2030 solves all your queries.
Overview
Cryptocurrency
dYdX
Token
DYDX
Price
$ 0.62154943 -3.55%
Market cap
$ 475,995,134.0193
Circulating Supply
765,820,236.0718
Trading Volume
$ 14,926,590.2636
All-time high
$27.78 on 30th September 2021
All-time low
No Data
dYdX Price Prediction 2025
If the bulls push the DeFi sector during the much-awaited altseason, dYdX will get the needed assistance to reach its annual peak of $1.42. However, if the DeFi sector continues to remain an underdog, its price could trade at $0.47. That being said, sustained momentum could close the year at an average of $0.94.
Year
Potential Low
Potential Average
Potential High
2025
$0.47
$0.94
$1.42
Are you wondering about the long-term price prospects of BTC? Read our latest Sui Price Prediction today!
ethDYDX (dYdX) Price Prediction 2026 – 2030
Year
Potential Low ($)
Potential Average ($)
Potential High ($)
2026
0.71
1.42
2.13
2027
1.06
2.13
3.20
2028
1.59
3.20
4.80
2029
2.39
4.80
7.20
2030
3.59
7.20
10.80
dYdX Crypto Price Forecast 2026
The DYDX crypto price prediction for 2026 could scale between $0.71 to $2.13. Factoring the buying and selling pressure, the average price could be around $1.42 for that year.
DYDX Token Price Prediction 2027
By the end of 2027, the dYdX cryptocurrency value could reach a peak trading value of $3.20 with a potential low of $1.06. Considering the market trends, the average price could land at around $2.13.
dYdX Price Projection 2028
In 2028, the value of the dYdX coin could hit a maximum of $4.80, with a potential low of $1.59. With this, the average price could land at around the $3.20 mark.
DYDX Price Analysis 2029
Moving forward to 2029, the dYdX coin price may range between a high of $7.20 and a low of $2.39, and a potential average value of around $4.80.
dYdX Price Prediction 2030
The Pendle price could reach a high of $10.80 by the year 2030. However, the altcoin could record a low of $3.59 and an average price of $7.20if the crypto market turns bearish.
Considering stacking more ETH tokens before the altseason begins? Read CoinPedia’s Ethereum price prediction 2025, 2026 – 2030!
Market Analysis
Firm Name
2025
2026
2030
CoinCodex
$ 1.35
$ 0.95
$2.14
Changelly
$3.72
$5.30
$22.33
MEXC
$3.96
$6.11
$24.45
*The aforementioned targets are the average targets set by the respective firms.
CoinPedia’s dYdX Price Prediction
Expecting a bullish future, the DYDX price could claim a high of $1.42 in 2025. Contrarily, in bearish circumstances, this could result in this altcoin plummeting toward its annual low of $0.47.
Considering the potential of dYdX’s platform and the future of decentralized finance, the token could be a good buy for the long term.
What is the price of dYdX coin?
The dYdX price at the time of press is at $0.6299, this is with a change of -1.94% over the previous day.
What is dYdX crypto?
DYDX is a DeFi platform that allows crypto trading without traditional exchanges, while excelling in decentralized borrowing and derivatives features.
How high will dYdX price go in 2025?
According to our DYDX price prediction, the token could reach a maximum of $1.42.
The post dYdX Price Prediction 2025, 2026 – 2030: Is DYDX Coin Worth A Buy? appeared first on Coinpedia Fintech News
Story Highlights The DYDX price today is Dydx coin price could hit a maximum of $1.42 in 2025. dydx price with a possible uptrend may hit a maximum of $10.80 by 2030. DYDX is one of the leading platforms in the world of decentralized finance, which allows people to trade cryptocurrencies without relying on traditional …
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