From Dubai to Singapore: Hyra Network Powers New Frontiers in Decentralized AI and Strategic Growth

Monicah W

hyra-network

The post From Dubai to Singapore: Hyra Network Powers New Frontiers in Decentralized AI and Strategic Growth appeared first on Coinpedia Fintech News

In a significant leap for its global expansion strategy, Hyra Network actively co-hosted VC Connect, a premier investor gathering during TOKEN2049 Dubai, and showcased its latest decentralized AI innovations at GITEX Asia Singapore – two of the most influential tech stages this April.

Hyra Network Captures Investor Spotlight at VC Connect, TOKEN2049 Dubai

During TOKEN2049 Dubai, one of the world’s largest gatherings of Web3 and blockchain leaders, Hyra Network took center stage as a Diamond Sponsor and co-host of VC Connect, an exclusive investment-focused event.

Mr. Gerard, Co-Founder of Hyra Network, played a key role in co-hosting successful VC Connect Dubai.

Held alongside TOKEN2049, VC Connect brought together over 40 top-tier venture capital firms from across the globe, including both traditional powerhouses and emerging blockchain-focused funds.

Hyra Network’s team actively participated in a series of direct pitch sessions, strategic networking meetings, and private investment roundtables, showcasing its decentralized AI infrastructure platform designed to power the next generation of AI applications through community-driven edge computing.

With TOKEN2049 attracting over 10,000 attendees, including founders, investors, developers, and policymakers, the exposure placed Hyra Network firmly within a global spotlight – opening doors to potential partnerships, investments, and strategic collaborations.

TOKEN2049 Dubai, hosted just before the F1 Grand Prix weekend, is widely regarded as a key platform where the future of blockchain, AI, and decentralized technologies are shaped. Hyra Network’s presence underlined its ambition to be a major player in the rapidly evolving decentralized physical infrastructure (DePIN) and AI ecosystem.

Shapes the Next Digital Economy Frontier at GITEX Asia

In addition to Dubai, Hyra Network continued its momentum by participating in GITEX Asia Singapore, part of the legendary GITEX Global series – one of the world’s largest and most influential tech events.

The inaugural edition of GITEX Asia drew tens of thousands of tech executives from 110 countries, hosting over 700 tech companies and spotlighting breakthroughs in AI, blockchain, IoT, and digital infrastructure.

At GITEX Asia, Hyra Network engaged with global innovators, top enterprises, and policy leaders, demonstrating how its Smart Data Economy and decentralized AI platform empower individuals and enterprises to contribute and earn from AI development directly through their devices.
Participation at GITEX also included Hyra’s involvement in cross-industry forums, startup innovation showcases, and executive networking sessions with Fortune 500 companies and emerging tech leaders.

Hyra Network - Networking with Top 500 fortune globally at GITEX 2025
Hyra Network – Networking with Top 500 fortune globally at GITEX 2025

The event’s broader significance was underscored by GITEX’s announcement of an ambitious plan to expand further into Southeast Asia, positioning Singapore – and soon Vietnam – as key hubs for the digital economy. Hyra Network’s visibility at GITEX Asia Singapore helped cement its positioning within the region’s next major technology growth phase.

From Vision to Reality: The Story Behind Hyra Network

Hyra Network is the world’s first decentralized AI infrastructure platform designed to unlock the full potential of edge computing. Emerging from a highly successful trial phase with over 2 million users across 200+ countries, Hyra Network is spearheading a new era of decentralized AI by tapping into over 10 billion idle IoT devices worldwide – delivering a future where AI is scalable, affordable, and accessible for individuals and enterprises alike.

As a core brand of Hyra Tek, a technology pioneer reshaping the digital future, Hyra Network inherits a deep foundation in Blockchain Layer-3, AI & Big Data, IoT & Automation, Cloud Computing, and Edge Computing. The parent company integrates three core technologies – blockchain for security and transparency, edge computing for real-time data processing, and federated learning to protect privacy while enabling decentralized machine learning. By combining technological excellence with a bold vision, Hyra Tek is laying a strong foundation for a more accessible, secure, and resilient digital future.

Together, Hyra Network and Hyra Tek are breaking barriers, unlocking limitless opportunities, and leading the global shift into a decentralized, AI-driven digital economy.

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Solana (SOL) At Risk of Falling Below $110 After a 38% Monthly Drop

Solana (SOL) has faced intense selling pressure, recently dropping below $120 – its lowest level since February 2024. It has declined more than 38% over the past 30 days, reinforcing its bearish momentum.

With sellers firmly in control, SOL now faces a critical test of support levels, while any potential recovery would need to break through key resistance zones to signal a shift in momentum.

Solana Ichimoku Cloud Shows a Strong Bearish Setup

Solana Ichimoku Cloud shows that the price is currently trading below both the blue Tenkan-sen (conversion line) and the red Kijun-sen (base line), indicating that the short-term trend remains bearish.

The price recently bounced from a local low but has not yet reclaimed these key resistance levels. Additionally, the Ichimoku cloud (Kumo) ahead is red, reflecting bearish sentiment in the market.

The cloud itself is positioned well above the current price, suggesting that even if SOL experiences a short-term recovery, it will likely face strong resistance near the $130 – $135 region.

SOL Ichimoku Cloud.
SOL Ichimoku Cloud. Source: TradingView.

The positioning of the Tenkan-sen below the Kijun-sen further supports the bearish outlook, as this crossover typically signals downward momentum.

For any signs of a trend reversal, SOL would need to break above both of these lines and ideally enter the cloud, which would indicate a potential transition to a neutral phase.

Until then, the bearish cloud ahead and the current weak price structure suggest that any rallies may be temporary before the broader downtrend resumes.

SOL DMI Shows Sellers Are Still In Control

Solana Directional Movement Index (DMI) chart reveals that its Average Directional Index (ADX) is currently at 33.96, a significant increase from 13.2 just two days ago.

The ADX measures trend strength, and a reading above 25 typically indicates a strong trend, while values below 20 suggest a weak or non-existent trend. Given this sharp rise, it confirms that SOL’s ongoing downtrend is gaining strength.

The +DI (positive directional index) has dropped to 11.71 from 15.5 two days ago but has slightly rebounded from 8.43 yesterday. In contrast, the -DI (negative directional index) sits at 32.2, up from 25.9 two days ago, though slightly down from 35 a few hours ago.

SOL DMI.
SOL DMI. Source: TradingView.

The relative positioning of the +DI and -DI lines suggests that sellers are still in control, as the -DI remains significantly higher than the +DI.

The recent dip in -DI from 35 to 32.2 could indicate some short-term relief, but with the ADX climbing quickly, it reinforces that the prevailing downtrend remains intact.

The slight bounce in +DI suggests minor buying pressure, but it’s not enough to shift momentum in favor of bulls. Until +DI rises above -DI or ADX starts declining, SOL’s bearish trend is likely to persist, with sellers dominating price action in the near term.

Will Solana Fall Below $110?

Solana Exponential Moving Average (EMA) lines continue to depict a bearish trend, with the short-term EMAs positioned below the long-term EMAs.

This alignment suggests that downward momentum remains dominant, even though the price is currently attempting a recovery. If this rebound gains strength, Solana’s price could face resistance at $130 and $135, key levels that must be cleared for any potential trend reversal.

A successful break above these resistances could push SOL toward $152.9, a significant level that, if breached with strong buying pressure, might pave the way for a rally toward $179.85 – the price level last seen on March 2, when SOL was added to the US crypto strategic reserve.

SOL Price Analysis.
SOL Price Analysis. Source: TradingView.

However, if the bearish structure remains intact and selling pressure resumes, Solana could retest the $115 and $112 support levels, both of which have previously acted as key price floors.

A failure to hold these supports could open the door for a deeper decline, possibly pushing SOL below $110 for the first time since February 2024.

Given the EMAs’ current positioning, the downtrend remains in control unless Solana reclaims key resistance levels and establishes a bullish crossover, signaling a shift in market sentiment.

The post Solana (SOL) At Risk of Falling Below $110 After a 38% Monthly Drop appeared first on BeInCrypto.