Category: News

Made in USA Coins are gaining traction heading into the final week of May, with AVA, Solana (SOL), Pi Network (PI), Uniswap (UNI), and Worldcoin (WLD) all drawing attention. AVA surged nearly 10% amid renewed AI interest, while SOL saw rising institutional accumulation despite ETF delays.

PI rebounded above $0.80 as momentum builds despite lingering ecosystem concerns. Meanwhile, UNI faces legal pressure from Bancor, and WLD remains in the spotlight following regulatory challenges and a U.S. expansion push.

AVA

AVA is the native token of Holoworld, an AI-powered storytelling platform designed for creators, brands, and developers.

The ecosystem enables users to craft immersive experiences using customizable AI avatars, lifelike animations, and voice-based interactions. It claims to have over 1 million users and tens of millions of interactions.

Originally launched on Solana’s PumpFun launchpad, AVA currently holds a market cap of around $65 million and has climbed nearly 10% in the last 24 hours amid renewed interest in AI-themed tokens.

Technical indicators are turning bullish, with AVA’s EMA lines suggesting a golden cross could form soon. If this momentum holds, the token could rise to challenge resistance at $0.069, and a breakout may open the path toward $0.0919 and even $0.015.

However, if bullish momentum fades and the $0.060 support level fails, the token could retrace to $0.0519, and potentially fall to $0.047 or even $0.0417 if the downtrend intensifies.

Solana (SOL)

Solana is seeing increased accumulation from institutional investors in May 2025. Whales have staked large amounts, and some have invested millions into Solana-based assets.

Over 65% of SOL’s supply is now staked. Q1 app revenue reached $1.2 billion, the highest in the past year, showing strong ecosystem growth.

Despite a quiet altcoin market, analysts are comparing Solana’s structure to Ethereum’s in early 2021. On-chain inflows and developer activity continue to rise.

Meanwhile, the SEC delayed its decision on five Solana ETF proposals, pushing the timeline to mid-2025. Still, SOL rose 2.7%, showing resilience.

Technically, SOL is holding support at $164. If this holds, it could test $176.83 and $184.86. If $164 fails, the next supports are $159.48, $154, and $141.

Pi Network (PI)

Pi Network has faced several major setbacks since its mainnet launch in February 2025, quickly becoming one of the most hyped Made in USA coins. These include a lack of Binance or Coinbase listings, poor price performance, and unfulfilled ecosystem promises. Despite 86% of the community voting for a Binance listing, no listing has occurred.

Still, PI is showing signs of short-term strength. It’s up nearly 10% in the past 24 hours, breaking above the $0.80 mark. Its market cap is nearing $6 billion again, and EMA lines suggest a golden cross could form soon.

If the momentum holds, PI could test resistance at $0.96. A breakout could open room for rallies toward $1.30 and $1.67.

However, if the uptrend fades, PI could retrace to $0.66. If that level fails, the next supports are $0.57 and lower.

Uniswap (UNI)

Bancor has filed a patent infringement lawsuit against Uniswap, claiming that the leading DEX used its patented automated market maker (AMM) technology without permission.

Bancor says it developed and patented the constant product AMM model back in 2017, a structure Uniswap later adopted for its own protocol. The lawsuit, filed in New York, seeks compensation from both Uniswap Labs and the Uniswap Foundation, making UNI one of the most interesting Made in USA coins to watch next week.

Meanwhile, UNI is trading near a key support level at $5.94.

If this level fails, it could drop to $5.649 and even $5.43. On the upside, a momentum recovery could send UNI back to test $6.329. If broken, further resistance lies at $6.52 and $7.36.

Worldcoin (WLD)

AI-related tokens have been attempting a broader recovery in recent weeks, and Worldcoin (WLD) has remained a focal point during this period. The project has faced both regulatory setbacks and notable expansion efforts, keeping it in the spotlight in the last weeks.

Legal issues emerged in Kenya, where a high court ruled that Worldcoin violated privacy laws, ordering the deletion of biometric data collected from users.

Around the same time, Indonesia suspended its operations over regulatory and certification concerns. Despite these headwinds, Worldcoin recently launched in six major U.S. cities and revealed plans to distribute 7,500 biometric verification devices across the country.

WLD is up 6.8% in the past 24 hours, showing signs of a short-term rebound. Its EMA lines suggest a golden cross could form soon, which would be a bullish technical signal.

If momentum holds, WLD could climb toward $1.19, and if that resistance breaks, extend gains to $1.36. However, if the token fails to hold above $1.11, it could slide to $1.05—and possibly dip below $1 if bearish pressure accelerates.

The post 5 Made in USA Coins to Watch for the Last Week of May appeared first on BeInCrypto.

XRP futures trading on CME Group has surged to a combined $25.6 million in notional volume within its first two days of launch. It marks a strong debut for the altcoin’s entry into regulated derivatives markets.

Meanwhile, XRP continues to trade below $2.50, dropping 7% in the past week. 

XRP Futures Make a Strong Entry on CME

CME began trading XRP futures on May 19, offering both standard (50,000 XRP) and micro (2,500 XRP) contracts. 

According to official CME data and corroborating reports, 120 standard and 206 micro contracts were traded on May 19, totaling approximately 6.5 million XRP. 

On May 20, the exchange logged 59 standard and 485 micro contracts, adding another 4.1 million XRP to the tally.

So, using XRP’s current market price of $2.39, the total trading volume across both days equals approximately $25.6 million.

This volume positions XRP’s debut ahead of other altcoin launches on CME. Solana (SOL) futures, which debuted in March 2025, recorded $12.3 million in first-day notional volume. 

In contrast, Bitcoin and Ethereum had more modest openings in their early days. BTC futures launched in 2017, and ETH followed in 2021—although both have since become institutional mainstays.

Futures Mirror XRP Spot Price, Hint at Stable Outlook

CME’s XRP futures are cash-settled and based on the CME CF XRP-Dollar Reference Rate. This is updated daily at 11 am Eastern Time. 

This structure means the futures are pegged closely to the spot market. With XRP currently trading at $2.39, the futures contracts are not reflecting a premium or discount. This suggests traders expect price stability in the short term.

So far, there is no indication of strong bullish or bearish sentiment among futures participants. This could reflect broader market indecision or simply the fact that participants are using the contracts for hedging rather than speculation.

The debut’s success highlights growing institutional interest in XRP, especially after regulatory clarity around Ripple’s operations.  

Overall, it sets the stage for future growth as traders explore more nuanced ways to gain exposure to XRP in a regulated environment.

The post XRP Futures Hit $25.6 Million in Volume in the First Two Days on CME appeared first on BeInCrypto.

Hyperliquid recently surpassed the trade volume of perpetuals exchange dYdX, reaching $1.5 trillion. Despite being a much newer platform, Hyperliquid’s token buybacks and lack of cash incentives have provided long-term stability.

To be fair, Hyperliquid has also been involved in much larger controversies, famously delisting JELLYJELLY in response to a short squeeze earlier this year. Nonetheless, the platform has been rebuilding its reputation and generating high volume.

Hyperliquid Trading Volume Surpasses dYdX

Hyperliquid, a high-performance L1 trading blockchain, has been enjoying many successes recently. Earlier this month, it captured more than 60% of the perpetuals trading market, and its HYPE token hit a 3-month high shortly afterward.

Yesterday, analysts noticed that Hyperliquid’s all-time trading volume surpassed dYdX, and it reached $1.5 trillion today.

Hyperliquid’s all-time volume is nearing $1.5t and surpassing what dYdX achieved in four years

Hyperliquid pic.twitter.com/IZKiMMhWLG

— hantengri (@0xhantengri) May 20, 2025

dYdX is a decentralized perpetuals exchange that has been active for five years, whereas Hyperliquid’s platform only launched in 2023.

Nonetheless, the younger protocol has overtaken it. After launching its native token in 2021, dYdX began employing it to reimburse users’ trading fees, boosting its volumes. It then built community hype around an informal “trading contest” with competitors.

Hyperliquid, on the other hand, did not rely on dYdX’s incentive strategy. After its own TGE last year, it managed to accumulate huge volumes through functionality, word-of-mouth, and product quality.

2024 was a peak year for crypto perpetuals trading, and the HYPE TGE took advantage of the moment. This has apparently proved to be a more durable approach.

Additionally, Hyperliquid directs the vast majority of its trading fees to token buybacks, which dYdX only instituted months later, and to a lesser degree.

This helped the firm repurchase 17% of the total circulating HYPE tokens, providing several key advantages. Over the last month, HYPE’s market cap has been steadily rising towards $10 billion:

Despite its strong rise, Hyperliquid has also seen several major controversies. For example, it denied claims of a Lazarus Group security breach despite clear on-chain evidence last year.

In March 2025, it unleashed a major scandal when it delisted JELLYJELLY in response to a short squeeze. This led to accusations of market manipulation and substantial losses.

dYdX hasn’t suffered a public debacle like that in many months, but Hyperliquid did act quickly to rebuild its reputation. So far, this seems to have worked.

Earlier today, Hyperliquid also reached a new all-time high in open interest, surpassing $8 billion. If it can maintain this momentum, the exchange can build a commanding lead over DeFi’s perpetuals market.

The post Hyperliquid Market Cap Nears $10 Billion After Surpassing dYdX in Trading Volume appeared first on BeInCrypto.

Pi Network (PI) is back in the spotlight after an 11% price surge triggered by the withdrawal of over 86 million tokens from OKX, sparking speculation of a coordinated supply squeeze. The move has intensified bullish sentiment, especially as technical indicators begin to align with the price action.

Momentum indicators like the DMI and EMA suggest growing strength, and a potential golden cross formation hints at the possibility of a continued breakout. However, not all signals are fully confirmed—volume-based metrics like the CMF show lingering indecision, making the next few days critical for confirming PI’s direction.

Technical Indicators Support PI Rally Amid Supply Shock Speculation

Pi Network (PI) surged 11% after more than 86 million tokens were withdrawn from the OKX exchange, drastically reducing the platform’s PI reserves to just 21 million.

The sudden exodus of tokens sparked speculation of a coordinated supply squeeze, with some investors interpreting the move as a strategic effort by large holders to limit circulating supply and potentially drive the price higher.

Community voices on X described the event as a “power move,” pointing to growing confidence in the asset’s future trajectory.

While this triggered bullish momentum and boosted PI to the top of CoinGecko’s trending list, questions still linger regarding its long-term fundamentals, particularly its mainnet rollout, exchange listings, and broader use-case development.

From a technical perspective, PI’s Directional Movement Index (DMI) shows signs of growing strength. The ADX—a metric that measures the strength of a trend—has climbed from 12.46 to 16.6 in the past day, signaling that momentum is building. Typically, ADX values above 20 indicate a developing trend, with readings above 25 considered strong.

Meanwhile, the +DI line, which tracks bullish pressure, sits at 25.98—up from 20.14 yesterday, though slightly down from its peak earlier today at 29.15. The -DI, representing bearish pressure, has dropped significantly to 14.45 from 20.84 yesterday.

This divergence suggests that bulls are gaining control and sellers are stepping back, supporting the narrative that Pi Network may be entering a more decisive upward trend if this momentum continues.

PI CMF Drops After Brief Spike, Signaling Fading Buying Pressure

Despite the recent surge, PI CMF is now at -0.03.

Chaikin Money Flow (CMF), a volume-based oscillator that measures buying and selling pressure over a given period. CMF values range from -1 to +1, with readings above 0 suggesting accumulation (buying pressure) and below 0 indicating distribution (selling pressure).

The closer the value is to either extreme, the stronger the pressure it reflects.

Currently, PI’s CMF stands at -0.03—a notable improvement from -0.17 two days ago but a pullback from yesterday’s +0.09.

This shift shows that while the overall selling pressure has eased significantly, the recent dip back below the zero line suggests that buyers haven’t fully taken control. A CMF hovering around the neutral zone could imply indecision in the market or a pause after the recent rally.

For bulls to regain full momentum, the CMF would ideally need to push back into positive territory and hold, confirming sustained capital inflows and supporting the case for continued upside.

Golden Cross Setup Builds for PI, But Key Resistance Still in Play

Pi Network’s EMA lines are starting to align in a bullish setup, with a potential golden cross formation on the horizon. A golden cross occurs when a short-term EMA crosses above a long-term EMA, signaling the possibility of a sustained uptrend.

If this pattern confirms, PI price could gain enough momentum to challenge the resistance at $0.96.

A breakout above that level may open the door for further gains toward $1.30, and with strong follow-through, the price could even reach $1.67—levels not seen in recent trading activity.

However, the bullish scenario is not guaranteed. If the current uptrend loses steam and buying pressure weakens, Pi Network could retrace to test support at $0.66.

A breakdown below that level would likely shift sentiment more bearish, exposing the token to further downside toward $0.57.

While technical signals lean optimistic for now, traders will be closely watching whether the golden cross materializes and if resistance levels can be cleared convincingly.

The post Pi Network (PI) Jumps 11% on Supply Shock, but Faces Key Test Ahead appeared first on BeInCrypto.

Democratic Senator Kirsten Gillibrand has played a significant role in the GENIUS Act, a bipartisan bill that, if passed, will regulate the use of stablecoins in the United States. But, as a lead co-sponsor of the bill, Gillibrand’s involvement in its passage comes with its share of controversy.

In an investigation into campaign financing during the 2024 federal election cycle, BeInCrypto found that the combined donations from individuals associated with prominent crypto firms—including Coinbase, Ripple, Uniswap Labs, Andreessen Horowitz, and dYdX Trading—exceeded $200,000 for the New York Senator’s campaign.

The GENIUS Act: A Step Closer to Federal Stablecoin Regulation

On Monday night, the Senate advanced the GENIUS Act concerning stablecoins by approving a procedural vote. This vote was for cloture, which limits debate and prevents a filibuster.

Cloture requires the support of 60% of senators present. The bill still needs a full Senate vote to pass. To reach the required threshold, 16 Democrats voted in favor of the move, with Senator Gillibrand leading the initiative. 

The road to getting there was difficult. During a previous Senatorial reunion on May 8, the same vote failed to advance to the final round of discussions. Nine Democratic senators – including Gillibrand – retracted their initial support of the bill during that round of debate. 

Opposition to the bill stemmed from several concerns. These included inadequate consumer protections, potential risks to national security, and apprehension regarding how the legislation might be affected by or even exacerbate issues related to President Donald Trump’s involvement in different crypto ventures.

During this latest round, some of those Senators, like Delaware Senator Blunt Rochester, decided to greenlight the bill, while others, like New Jersey Senator Andy Kim, remained unconvinced. 

What’s certain is that the US is closer than ever to national crypto legislation on stablecoins. Senator Gillibrand’s efforts significantly influenced the road to get here. Her negotiating skills have been instrumental in securing sufficient Democratic support for the bill at every step. 

However, her connections to the crypto industry raise questions about her motivations for advocating its passage.

Which Crypto Firms Contributed to Gillibrand’s Campaign?

Gillibrand has been a Senator for her home state of New York since 2009. Last year, she was re-elected to office for a fourth term. 

According to OpenSecrets, a non-profit organization that tracks and publishes campaign finance and lobbying data, Gillibrand received tens of thousands of dollars from individuals representing different crypto entities during the last election cycle. 

Under US federal law, corporations generally cannot donate directly to congressional campaigns. This prohibition applies to contributions from a corporation’s treasury funds.

Nonetheless, OpenSecrets monitors contributions from individuals, who are typically required to disclose their employer when donating.

Considering this information, in 2024, contributors associated with Coinbase were the tenth-largest corporate donors to Off the Sidelines, Senator Gillibrand’s leadership PAC. Together, they donated $59,900 to her re-election campaign.

Following its lead, venture capital firm Andressen Horowitz donated $57,000 to Gillibrand’s efforts. In 16th place was Uniswap Labs, where individuals contributed $48,900.

Ripple donors came in 40th place, contributing a total of $32,000. Further down the list was dYdX Trading, donating $19,200. 

Gillibrand received $217,000 in total from these different crypto entities. Searching through the Federal Election Commission (FEC) database, BeinCrypto revealed the identities of some of these independent contributors.

Key Individual Donors to Gillibrand’s Leadership PAC

According to data compiled by the FEC, Gillibrand’s leadership PAC received $366,043.12 worth of individual contributions between 2023 and 2024. 

Combining these contributions, BeInCrypto found 10 individual donations from prominent figures who listed Coinbase, Ripple, and Uniswap Labs as their employers. 

Under the Federal Election Campaign Act, individuals are generally limited to donating $5,000 per calendar year to a traditional Political Action Committee (PAC). This limit applies per election cycle, meaning separate donations can be made for primary and general elections.

Among Coinbase-associated names were CEO Brian Armstrong and Chief Operating Officer Emilie Choi, who donated a total of $8,300 to Gillibrand’s leadership PAC during last year’s primary elections.

Meanwhile, Ripple Labs CEO Bradley Garlinghouse, Chief Legal Officer Stuart Alderoty, and Co-founder Chris Larsen each donated $5,000.

In the case of Uniswap, CEO Hayden Adams and Chief Legal Officer Katherine Minarik each donated $3,300. Marvin Ammori, also a Chief Legal Officer, donated a sum of $7,300 on three separate occasions. 

BeinCrypto found no individual contributions from dYdX or Andressen Horowitz employees to Gillibrand’s leadership PAC.

Is Crypto Funding Influencing Congressional Impartiality?

Campaign financing from prominent names in the crypto industry, whether from political action committees or individual contributors, became a household activity during last year’s elections. 

According to a report by Public Citizen, Behemoths like Coinbase and Ripple Labs each contributed $50 million to Fairshake, the crypto super PAC that spent $119 million during the 2024 federal elections. 

In fact, OpenSecrets labeled Fairshake as one of the few Super PACs that qualify as bipartisan committees. Crypto contributions toward Republican and Democratic candidates alike demonstrate the industry’s broad range of investments to achieve a brighter regulatory future for crypto in Washington. 

But they also raise questions over the impartiality of congressional representatives like Senator Gillibrand when it comes to voting on legislation that will directly impact the businesses of the very actors who contributed to their political campaigns. 

The post Senator Gillibrand’s Role in Stablecoin Regulation – $217,000 in Crypto Donations appeared first on BeInCrypto.

Meme coins have had a slow day despite the broader market showing bullishness. However, small-cap token Rekt managed to post gains, leading the joke tokens.

BeInCrypto has analyzed two other meme coins for investors to watch, assessing their potential direction and what trends may follow.

Melania Meme (MELANIA)

• Launch Date – January 2025
• Total Circulating Supply – 396.29 Million MELANIA
• Maximum Supply – 1 Billion MELANIA
• Fully Diluted Valuation (FDV) – $370.84 Million
• Contract Address – FUAfBo2jgks6gB4Z4LfZkqSZgzNucisEHqnNebaRxM1P

MELANIA’s price surged 7.4% in the last 24 hours, driven by anticipation surrounding the upcoming TRUMP dinner. As a meme coin tied to US President Donald Trump’s wife, MELANIA, is likely to react to events involving Trump, reflecting investor sentiment and speculation around political developments.

The meme coin is forming a bullish RSI divergence, which signals potential upward movement. This suggests MELANIA could break the $0.37 resistance level, continuing its rise and possibly reaching $0.42. The price action indicates growing optimism among investors, who expect further upward momentum based on recent trends.

However, MELANIA faces challenges if the broader market downturn persists. Should the price fail to hold above the $0.34 support, the altcoin could experience a decline, potentially slipping to $0.31. A sustained downturn would invalidate the bullish outlook, prompting profit-taking and further price weakness.

Mubarak (MUBARAK)

• Launch Date – March 2025
• Total Circulating Supply – 1 Billion MUBARAK
• Maximum Supply – 1 Billion MUBARAK
• Fully Diluted Valuation (FDV) – $58.94 Million
• Contract Address – 0x5c85d6c6825ab4032337f11ee92a72df936b46f6

MUBARAK price is up by 14% over the last 24 hours, preparing to breach the critical $0.0667 resistance level. The Parabolic SAR indicator positioned below the candlesticks provides a bullish outlook for the meme coin, suggesting that upward momentum could continue as it approaches the key resistance.

If MUBARAK manages to breach the $0.0667 barrier, it is likely to rise towards the $0.0885 resistance level. This move would signal continued gains for investors, reinforcing the current bullish sentiment and offering opportunities for further profit-taking as the price reaches new highs in the near term.

However, MUBARAK has previously struggled to breach the $0.0667 resistance level, which may pose a challenge again. If the price fails to break above this level, MUBARAK could fall back down to $0.0435. In such a scenario, the meme coin could consolidate above this support level, potentially delaying any further upward movement.

Small Cap Corner – Rekt (REKT)

• Launch Date – November 2024
• Total Circulating Supply – 420.69 Trillion REKT
• Maximum Supply – 420.69 Trillion REKT
• Fully Diluted Valuation (FDV) – $109.24 Million
• Contract Address – 0xdd3b11ef34cd511a2da159034a05fcb94d806686

REKT has emerged as the best-performing meme coin today, posting a 24.5% rise, trading at $0.000000262. The bullish momentum is driven by strong investor interest, with over 78% of its 17,525 holders owning more than $10 worth of REKT. This indicates solid support for the token’s continued uptrend.

The strong backing from investors is essential for REKT’s upward movement. Currently facing resistance at $0.000000286, breaching this level will allow the meme coin to move toward $0.000000330. A successful breakout above this resistance will likely drive further investor confidence and fuel the ongoing bullish trend.

However, if REKT fails to break through the $0.000000286 resistance, it could fall back to $0.000000199. This would reverse the recent gains and invalidate the bullish outlook. The failure to overcome this resistance level may lead to profit-taking by investors and a pullback in price.

The post REKT Leads With 24% Rally, Will MELANIA, and MUBARAK Follow? | Meme Coins To Watch Today appeared first on BeInCrypto.

Americans now own more Bitcoin than gold, with approximately 50 million Americans holding Bitcoin compared to 37 million owning gold.

The trend of viewing Bitcoin as a reserve asset alternative to gold is growing. Bitcoin is becoming integral to the US’s economic plans, purchasing policies, and financial systems.

Bitcoin Surpasses Gold in US Ownership

A May 20 report from Bitcoin investment firm River emphasizes that the US is leading the way in Bitcoin adoption, with significant investments and infrastructure supporting its dominance. Bitcoin’s outperformance over gold in American ownership marks a significant milestone, signaling a major shift in public perception of investment assets.

The report also highlights that the US is at the forefront globally in adopting Bitcoin, with 40% of global Bitcoin companies headquartered there. Also, American firms account for 94.8% of all Bitcoin owned by publicly traded firms worldwide.

This reflects the US’s strong investment in Bitcoin infrastructure, from startups and ETFs to policies supporting cryptocurrency.

Another noteworthy point is the trend of considering Bitcoin as a modern reserve asset alternative to gold. River’s report shows that Bitcoin is becoming an “underestimated pillar” of American economic dominance.

With 790 billion USD worth of Bitcoin held by Americans, Bitcoin is not just an investment asset. It is also integrated into the nation’s economic plans and financial systems.

“Bitcoin is an underestimated pillar of American dominance. Americans have a larger estimated share of the bitcoin supply than of global wealth, GDP, or gold reserves.” River stated

Growing confidence in Bitcoin is reinforced by factors such as the ease of digital storage and transfer and expectations that the US might establish a strategic Bitcoin reserve, as proposed by some politicians. This indicates that Bitcoin is gradually reshaping how Americans perceive safe-haven assets during economic uncertainty, surpassing the traditional role of gold.

Moody’s US credit downgrade ends a century of top ratings, boosting Bitcoin’s appeal as a hedge against fiscal instability.

However, this shift also raises questions about sustainability and risks. While Bitcoin is considered a safe haven asset, its price volatility may make some investors cautious.

Nevertheless, with support from major financial institutions like BlackRock and an increasingly clear regulatory framework, Bitcoin is solidifying its position in the US.

The post Bitcoin Beats Gold as America’s Top Asset — What’s Driving the Shift? appeared first on BeInCrypto.

Symbiotic, the Universal Staking protocol, today announced the launch of Relay, its SDK. The new coordination layer lets any protocol verify and settle stake across any chain without having to deploy custom infrastructure or build a staking system from scratch.

With Symbiotic Relay, developers can plug into Symbiotic in 200 lines of code and unlock something previously impossible: the ability to use stake from any ecosystem to verify protocol decisions on any chain, whether or not Symbiotic is deployed there. This makes it easy to build bridges, oracles, rollups, or risk protocols that are secured by real stake and verifiable anywhere their users are, without having to bootstrap a validator set, trust a multisig, or sacrifice decentralization.

Symbiotic Relay was a core development focus behind Symbiotic’s recent $29M Series A funding round led by Pantera Capital, with participation from Coinbase Ventures and over 100 angels from leading teams, such as Aave, Ether.fi, Polygon, Starkware and others. This launch marks a major milestone in Symbiotic’s mission to redefine Proof-of-Stake for a modular, cross-chain world. The need for such infrastructure is underscored by the increasing trend of multichain development; according to Electric Capital’s 2024 Developer Report, 34% of monthly active crypto developers are now contributing to projects across multiple blockchains, up from less than 10% in 2015. Symbiotic Relay takes Universal Staking from an abstract idea to practical infrastructure that developers can implement quickly and use to build secure, multichain-native protocols out of the box.

“Until now, building a secure multichain protocol meant choosing between trusted relayers or expensive, bespoke infrastructure,” said Algys Ievlev, co-founder of Symbiotic. “Relay solves that. It gives builders a way to use real stake to verify real outcomes across chains without making tradeoffs on cost, security, or developer experience. We believe this will become the default way protocols coordinate across chains.”

Symbiotic makes staking programmable: any protocol can define its own validator set, choose how voting power is calculated, configure custom slashing or rewards logic, and use that security across chains, with a modular stack. Relay is a key piece of that architecture.

Teams building fast-finality rollups, generalized bridge networks, and decentralized insurance layers are already exploring Symbiotic Relay to power multichain verification with shared security. These use cases were previously limited to siloed, single-chain deployments or required extensive custom infrastructure.

Symbiotic went live on mainnet earlier this year and has already secured over $1B in active stake across 14 networks. The launch of Symbiotic Relay unlocks support for dozens of additional chains and execution environments that previously couldn’t access Symbiotic’s security and positions Symbiotic as the coordination layer for a modular, multichain world.

About Symbiotic

Symbiotic is a universal staking protocol that provides a modular coordination framework for the blockchain ecosystem. It enables protocols to evolve their security models over time and unlock entirely new economic primitives. Backed by Paradigm, Pantera Capital, Coinbase Ventures, cyberFund, and over 100 angel investors, Symbiotic is currently live on 14 networks and expanding to a total of 35, with additional networks in various stages of integration. For more, visit website.

The post Symbiotic Launches Relay for Multichain Settlement and Staking Coordination appeared first on BeInCrypto.

Crypto US stocks are in focus today as Galaxy Digital (GLXY), MARA Holdings (MARA), and Riot Platforms (RIOT) each present key developments and price movements.

GLXY continues to face volatility after its Nasdaq debut, while MARA shows strength with a 27.88% gain over the past 30 days. RIOT, meanwhile, expanded its credit line with Coinbase to $200 million, reinforcing its growth strategy. Analysts remain bullish on all three names, with strong upside targets and favorable ratings across the board.

Galaxy Digital (GLXY)

Galaxy Digital (GLXY) closed yesterday with a sharp 7.36% drop but is showing modest recovery in pre-market trading, up 1.5%. The company made its long-anticipated Nasdaq debut on May 16, opening at $23.50 per share.

CEO Mike Novogratz described the listing process as “unfair and infuriating,” marking the end of a years-long effort to enter U.S. markets.

Notably, Galaxy is already working with the SEC on tokenizing its shares, aiming to integrate them into DeFi applications. Despite the milestone, the timing coincided with the disclosure of a $295 million Q1 loss, adding pressure to investor sentiment.

Technically, GLXY is down 6.77% since its Nasdaq debut and is hovering near key support levels. If bearish momentum persists, the stock could slide below $22, marking new all-time lows.

However, if the early pre-market strength continues and a broader rebound takes shape, GLXY may attempt to retest resistance at $22.24.

A decisive move above this level could pave the way toward $23.61 and even $25, but the company will likely need a strong fundamental catalyst—such as progress on tokenization or regulatory clarity—to sustain an upward trajectory.

MARA Holdings (MARA)

MARA is up 27.88% over the past 30 days and has held above the $15 level since May 9, showing resilience despite short-term pullbacks. It closed yesterday down 0.80% and is down another 0.68% in pre-market trading.

Analyst sentiment remains cautiously bullish: Seven out of 17 analysts rate it a “Strong Buy,” nine suggest holding, and only one recommends a “Strong Sell.”

The average 12-month price target is $20.27, indicating a potential upside of 25.2% from current levels.

Financially, MARA reported Q1 2025 revenue of $213.9 million—an increase from $165.2 million the year prior—driven by a 77% jump in the average Bitcoin price. However, Bitcoin production declined due to the halving, and the company posted a net loss of $533.4 million, primarily due to end-of-quarter price volatility.

Despite this, MARA expanded its BTC holdings to 47,531, a 174% year-over-year increase. Technically, MARA maintains a bullish EMA structure, but the narrowing gap suggests caution. If momentum fades, the stock could test support at $15.25, with further downside risk to $14.47 or even $12.63.

A renewed uptrend could see it pushing toward resistance levels at $16.69, $17.30, and potentially $17.86.

Riot Platforms (RIOT)

Riot Platforms (RIOT) closed yesterday with a mild decline of 0.45% and is down another 1.23% in pre-market trading. The company recently announced a major financial move, doubling its credit line with Coinbase to $200 million.

According to CEO Jason Les, the expanded facility aims to enhance Riot’s financial flexibility, support strategic initiatives, and reduce capital costs.

Operating mining facilities in Texas and Kentucky, along with engineering hubs in Colorado, Riot is positioning itself as a vertically integrated Bitcoin infrastructure platform.

Market sentiment around RIOT remains strongly bullish. Of 17 analysts covering the stock, 15 rate it a “Strong Buy,” with a one-year price target averaging $15.54—representing a potential upside of 74%.

From a technical perspective, RIOT faces resistance at $9.09; a breakout above this level could lead to gains toward $9.47.

Conversely, if the $8.82 support level breaks, the stock may fall to $8.40 or even $8.05, especially if selling pressure intensifies.

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Backed by 300% user growth, Bitget Wallet unveils a new design and $1M campaign to bring crypto into everyday use worldwide

Bitget Wallet, the leading non-custodial crypto wallet, has unveiled a new brand identity to reflect its evolution into a full-service crypto wallet designed for everyday use. With over 80 million users, Bitget Wallet has strategically expanded its offerings beyond trading and earning to onchain discovery and global payments.

Alongside a new logo symbolizing simplicity and direction, the app has introduced a more streamlined, user-friendly interface to make crypto more intuitive for all. Bitget Wallet stands by the inclusive motto — Crypto for Everyone — now part of a broader initiative, the Crypto for Everyone Movement, aimed at onboarding the next billion users. Through this, it plans to incentivize the community with a pool of over $1 million as gratitude for support.

“The role of wallets is evolving — it’s moving from a niche tool to one with real-world utility for everyday needs,” said Alvin Kan, COO of Bitget Wallet. “This rebrand is part of a longer-term plan to make crypto accessible for everyone. We’re building towards a future where interacting with crypto feels as easy as using Uber or Paypal,” he added. Bitget Wallet’s growth has coincided with increased demand for self-custody and alternative financial access, particularly in regions where banking infrastructure is limited. The platform saw a 300% increase in users over the past year, with the fastest growth in Africa (+959%), Europe (+367%), and the Middle East (+350%), as more individuals turn to crypto to navigate inflation, limited banking access, and economic instability, gaining greater control over their finances.

Bitget Wallet’s rebrand focuses on making crypto easier to use and more practical for everyday needs. Built around four core features — Trade, Earn, Pay, and Discover — the wallet lets users track market trends, explore new tokens, and trade across over 130 blockchains with one click. In selected regions, a new Simple Mode will be launched to offer a streamlined experience for users who are new to crypto. To support secure usage, it includes protections like real-time risk monitoring and transaction screening, helping users navigate onchain finance more safely.

Bitget Wallet is among the first to launch an in-app shop and remains the only major self-custodial wallet offering full payment flexibility, including crypto cards, QR code scans, and direct purchases. The shop supports over 300 brands across gaming, mobile, travel, and e-commerce, enabling crypto payments at Amazon, Google Play, Shopee, and more. Regional integrations with national QR payment systems are also underway. Building on this everyday utility, the wallet offers yield features to help users earn passive income on their crypto balances and plans to support tokenized real-world assets like stocks and gold as it expands beyond digital assets.

“Bitget Wallet stands strong with the essence of crypto extending beyond our decentralized vision, serving as a critical access layer across trading, earning, and payments for onchain assets. Users now have an even more powerful tool — simple to use, accessible, and packed with capabilities — that connects people to opportunity, wherever they are, whenever they need,” said Gracy Chen, CEO at Bitget.

To mark the rebrand, Bitget Wallet is launching the Crypto for Everyone Movement in partnership with leading ecosystem projects, offering over $1 million in rewards and inviting users to explore the updated platform through interactive campaigns.

More details on the brand update and product roadmap are available on the Bitget Wallet blog. Watch the brand video on YouTube.

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About Bitget Wallet

Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets.

For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook

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