The DeFi world just got a major shakeup as Skyren DAO officially announced XRP, Polygon (MATIC), and Cardano (ADA) as key tokens in its Token Surge event — a move that’s sending shockwaves through the crypto community.
With Bitcoin struggling to hold key levels, investors are pivoting to high-yield DeFi opportunities — and Skyren DAO’s Token Surge is quickly becoming the hottest event of the year.
What is the Token Surge event? How do XRP, MATIC, and ADA holders benefit? And why are analysts predicting Skyren DAO’s presale will be one of the biggest of 2025?
Let’s break it all down!
Skyren DAO’s Token Surge: What It Means for XRP, ADA, and MATIC Holders
Skyren DAO’s Token Surge event is designed to reward early adopters and expand the platform’s reach by integrating top-performing altcoins into its staking ecosystem.
What’s in it for investors?
500 Free SKYRN Tokens – Eligible XRP, ADA, and MATIC holders can claim 500 SKYRN tokens for free, no purchase necessary.
Staking Rewards Up to 216% APY – Participants can stake their newly acquired SKYRN for one of the highest yield opportunities in DeFi.
No Wallet Connection Needed – Unlike many airdrop programs, users don’t have to connect their wallets — ensuring a safer claim process.
Multi-Chain Flexibility – XRP, MATIC, and ADA holders are now part of the Skyren DAO ecosystem, benefiting from automated airdrop collection and governance rewards.
Why Skyren DAO is Gaining Major Investor Attention
While other altcoins fight for relevance in a bearish market, Skyren DAO is offering real, sustainable DeFi opportunities — giving XRP, MATIC, and ADA holders a way to generate passive income instead of waiting for price pumps.
Why Smart Money is Moving to Skyren DAO:
High APY staking – Instead of hoping for price recovery, Skyren DAO rewards holders with high-yield passive income.
Automated airdrop collection – No manual claiming — Skyren’s AI system tracks and collects free rewards for users.
AI-powered governance – Unlike centralized models, Skyren DAO uses AI for efficient decision-making.
Skyren DAO vs. Other Yield Options
Feature
XRP, ADA, MATIC Staking
Skyren DAO (SKYRN)
Staking APY
2-7%
Up to 216%
Passive Income
Limited
Staking + automated airdrop collection
Governance
Centralized
AI-driven DAO
Security
Varies
Triple-audited smart contracts
Skyren DAO isn’t just another staking platform — it’s an entire DeFi ecosystem designed to maximize investor returns. To see how Skyren is redefining the market, watch Crypto Show’s deep dive.
Skyren DAO’s Security: Fully Audited & Verified
Unlike DeFi projects that promise big returns with no transparency, Skyren DAO is fully decentralized, secured, and audited.
No sketchy security loopholes, no central authority controlling rewards — just real, audited, DeFi-powered returns.
Skyren DAO Presale Phase 7 Is Live
Even if you aren’t eligible for Token Surge, there’s no reason to miss out — Skyren’s presale lets you secure SKYRN at a discount and unlock all its benefits.
How to buy SKYRN before prices increase:
Go to Skyren.io
Connect your Web3 wallet (MetaMask, Trust Wallet, etc.)
Choose your investment amount — pay with ETH, USDT, or other crypto
Secure your allocation before prices increase
With a presale price of just $0.056, Skyren DAO stands out as one of the most promising high-upside opportunities in DeFi today.
Final Thoughts: A Massive DeFi Opportunity for XRP, ADA, and MATIC Holders
Skyren DAO just integrated three of the biggest altcoins — XRP, ADA, and MATIC — into its staking ecosystem, giving the holders a chance to get 500 free SKYRN + up to 210% APY. No wonder investors are rushing in!
The struggling Ethereum price has one key catalyst that may propel it to rocket above the psychological barrier of $2000 and beyond. This catalyst is that the Securities and Exchange Commission (SEC) may soon allow staking in spot ETH ETFs, a move that may attract more inflows from Wall Street investors. This article explores whether ETH price will hit $2k if this approval happens tomorrow.
Ethereum Price May Hit $2000 if SEC Approves ETH ETF Staking
The SEC, under Gary Gensler, approved several spot ETH ETFs in September last year. These funds have not been as successful as initially expected. Data shows that these funds have only attracted $2.47 billion in assets, bringing the total assets to $6.2 billion.
In contrast, Bitcoin ETFs have attracted over $38 billion in inflows, with BlackRock’s IBIT having $58 billion in assets. Granted, these ETFs are over 8 months older than Ethereum ones, but this trends shows that they may never catch up. This sluggish growth explains why the Ethereum price continues to underperform.
One reason for the underperformance is that Gensler rejected Ethereum ETFs with staking features. This means that ETF holders only make price-related returns. In contrast, Ethereum investors earn an annual return of at least 3%, which is higher than that of many dividend-focused ETFs.
This could change soon under Paul Atkins. The SEC met with Grayscale recently and discussed allowing this staking. Such a move would likely result in increased inflows, leading to a higher ETH price, potentially to $2,000 and above. Indeed, data show that spot Ethereum ETFs have experienced inflows over the last three days. CBOE has already applied for staking in Fidelity’s ETH ETF.
ETH Price Technical Analysis: Could Hit $2,000 and Above
The daily chart reveals that Ethereum price rose from the year-to-date low of $1,376 to the current $1,822. This rebound was notable as the coin jumped above the upper line of the falling wedge chart pattern. A wedge often leads to more gains, especially when the two trendlines are about to converge.
ETH price has jumped above the 25-day Exponential Moving Average, another positive signal. The Relative Strength Index has jumped above the neutral point at 50, and is pointing upwards.
These technicals suggest that the value of ETH will continue to rise as buyers target the crucial level at $2,000. This rebound will be confirmed once it moves from the current consolidation phase. A clear breakout to $2,000 will bring the next ETH price target to $2,140, the lowest level in August last year.
Ethereum price chart
However, a bearish ETH price forecast can be made. Indeed, a Polymarket poll shows that many traders are betting that it will drop to $1,000. Also, the Average Directional Index indicator has tilted downwards, signaling a potential downside.
China’s recent directive for its state-owned banks to decrease reliance on the US dollar has amplified a growing trend among countries seeking alternatives to the dominant reserve assets. In some instances, Bitcoin has emerged as a viable competitor.
BeInCrypto spoke with experts from VanEck, CoinGecko, Gate.io, HashKey Research, and Humanity Protocol to understand Bitcoin’s rise as an alternative to the US dollar and its potential for greater influence in global geopolitics.
The Push for De-Dollarization
Since the 2008 global financial crisis, China has gradually reduced its reliance on the US dollar. The People’s Bank of China (PBOC) has now instructed state-owned banks to reduce dollar purchases amid the heightened trade war with US President Donald Trump.
China is among many nations seeking to lessen its dependence on the dollar. Russia, like its southern neighbor, has received an increasing number of Western sanctions– especially following its invasion of Ukraine.
Furthermore, Rosneft, a major Russian commodities producer, has issued RMB-denominated bonds, indicating a shift towards RBM, the Chinese currency, and a move away from Western currencies due to sanctions.
This global shift away from predominant reserve currencies is not limited to countries affected by Western sanctions. Aiming to increase the Rupee’s international use, India has secured agreements for oil purchases in Indian Rupee (INR) and trade with Malaysia in INR.
The country has also pursued creating a local currency settlement system with nine other central banks.
As more nations consider alternatives to the US dollar’s dominance, Bitcoin has emerged as a functional monetary tool that can serve as an alternative reserve asset.
Why Nations Are Turning to Bitcoin for Trade Independence
Interest in using cryptocurrency for purposes beyond international trade has also grown. In a notable development, China and Russia have reportedly settled some energy transactions using Bitcoin and other digital assets.
“Sovereign adoption of Bitcoin is accelerating this year as demand grows for neutral payments rails that can circumvent USD sanctions,” Matthew Sigel, Head of Digital Assets Research at VanEck, told BeInCrypto.
Two weeks ago, France’s Minister of Digital Affairs proposed using the surplus production of EDF, the country’s state-owned energy giant, to mine Bitcoin.
Last week, Pakistan announced similar plans to allocate part of its surplus electricity to Bitcoin mining and AI data centers.
Meanwhile, on April 10, New Hampshire’s House passed HB302, a Bitcoin reserve bill, by a 192-179 vote, sending it to the Senate. This development makes New Hampshire the fourth state, after Arizona, Texas, and Oklahoma, to have such a bill pass a legislative chamber.
If HB302 is approved by the Senate and signed into law, the state treasurer could invest up to 10% of the general fund and other authorized funds in precious metals and specific digital assets like Bitcoin.
According to industry experts, this is only the beginning.
VanEck Predicts Bitcoin to Become a Future Reserve Asset
Sigel predicts Bitcoin will become a key medium of exchange by 2025 and, ultimately, one of the world’s reserve currencies.
His forecasts suggest Bitcoin could settle 10% of global international trade and 5% of global domestic trade. This scenario would lead to central banks holding 2.5% of their assets in BTC.
According to him, China’s recent de-dollarization will prompt other nations to follow suit and lessen their reliance on the US dollar.
“China’s de-dollarization efforts are already having second- and third-order effects that create opportunities for alternative assets like Bitcoin. When the world’s second-largest economy actively reduces its exposure to US Treasuries and promotes cross-border trade in yuan or through mechanisms like the mBridge project, it signals to other nations—especially those with strained ties to the West—that the dollar is no longer the only game in town,” Sigel said.
For Zhong Yang Chan, Head of Research at CoinGecko, these efforts could prove catastrophic for the United States’ dominance.
“Broader de-dollarization efforts by China, or other major economies, will threaten the status of the dollar’s global reserve currency status. This could have [a] profound impact on the US and its economy, as this would lead to nations reducing their holdings of US treasuries, which the US relies on to finance its national debt,” he told BeInCrypto.
However, the strength of the US dollar and other dominant currencies has already shown signs of weakening.
A General Wave of Currency Decline
Sigel’s research shows that the four strongest global currencies—the US dollar, Japanese yen, British pound, and European euro—have lost value over time, particularly in cross-border payments.
The decline of these currencies creates a void where Bitcoin can gain traction as a key alternative for international trade settlements.
“This shift isn’t purely about promoting the yuan. It’s also about minimizing vulnerability to US sanctions and the politicization of payment rails like SWIFT. That opens the door for neutral, non-sovereign assets—especially those that are digitally native, decentralized, and liquid,” Sigel added.
This lack of national allegiance also sets Bitcoin apart from traditional currencies.
Bitcoin’s Appeal: A Non-Sovereign Alternative
Unlike fiat money or central bank digital currencies (CBDCs), Bitcoin doesn’t respond to any one nation, which makes it appealing to some countries.
For Terence Kwok, CEO and Founder of Humanity Protocol, recent geopolitical tensions have heightened this belief.
For these same reasons, experts don’t expect Bitcoin to replace fiat currencies fully but rather provide a vital alternative for certain cases.
A Replacement or an Alternative?
While Bitcoin offers several advantages over traditional currencies, Gate.io’s Kevin Lee doesn’t foresee its eventual adoption causing a complete overhaul of the currency reserve system.
Recent data confirms this. The number of Bitcoin transactions has fallen significantly since the last quarter of 2024. Bitcoin registered over 610,684 transactions in November, but that number dropped to 376,369 in April, according to Glassnode data.
The number of Bitcoin active addresses paints a similar picture. In December, the network had nearly 891,623 addresses. Today, that number stands at 609,614.
Bitcoin number of active addresses. Source: Glassnode.
This decline suggests reduced demand for its blockchain in terms of transactions, usage, and adoption, meaning fewer people are actively using it for transfers, business, or Bitcoin-based applications.
Meanwhile, the Bitcoin network must also ensure its infrastructure is efficient enough to meet global demand.
Can Bitcoin Scale for Global Use?
In 2018, Lightning Labs launched the Lightning Network to reduce the cost and time required for cryptocurrency transactions. Currently, the Bitcoin network can only handle around seven transactions per second, while Visa, for example, handles around 65,000.
“If expansion solutions (such as the Lightning Network) fail to become popular, Bitcoin’s ability to process only about 7 transactions per second will be difficult to support global demand. At the same time, as Bitcoin block rewards are gradually halved, the decline in miners’ income may threaten the long-term security of the network,” Guo, Director of HashKey Research explained.
While the confluence of geopolitical shifts and Bitcoin’s inherent characteristics undeniably create a space for its increased adoption as an alternative to the US dollar and even a potential reserve asset, significant hurdles remain.
Achieving mainstream Bitcoin adoption hinges on overcoming scalability, volatility, regulatory hurdles, stablecoin competition, and ensuring network security.
The unfolding panorama suggests Bitcoin will carve out an important role in the global financial system, though a complete overhaul of established norms seems unlikely in the immediate future.
Coinbase, one of the leading cryptocurrency exchanges, has officially included Ethena’s native token, ENA, in its listing roadmap.
The announcement led to a modest price increase of 8.6% in ENA during Tuesday’s early Asian trading hours.
Coinbase Adds ENA To Listing Roadmap
In a statement shared via X (formerly Twitter), Coinbase Assets confirmed the inclusion of Ethena (ENA). The post specified that the token’s ERC-20 contract address is 0x57e114B691Db790C35207b2e685D4A43181e6061.
Coinbase mentioned it would issue a separate announcement once these requirements are fulfilled, guaranteeing a smooth integration for traders. ENA now joins QCAD (QCAD) in Coinbase’s listing roadmap, although the list is not exhaustive.
“Transfers and trading are not supported for these or any other assets until a listing is officially announced. Depositing these assets into your Coinbase account before an official announcement may lead to permanent loss of funds,” the exchange stated.
Following the news, ENA’s price jumped from $0.312 to as high as $0.338, marking an appreciation of 8.6%. However, the gains generated by this announcement subsided shortly after. BeInCrypto data showed that ENA dropped to $0.329 at the time of writing.
The trading volume for ENA also surged. It reached $254 million in the last 24 hours, representing a 91.7% increase. This indicated heightened market activity and investor interest.
The timing of Coinbase’s announcement aligns with a critical moment for Ethena. Earlier on Monday, over 40 million ENA tokens, valued at approximately $12 million, were unlocked, raising concerns about a potential sell-off.
(@CoinbaseAssets) 