GeeFi is pushing the boundaries of digital asset management with the addition of token and native coin swapping and bridging in the GeeFi Wallet. Users can now transfer assets across multiple chains and manage their portfolios with ease and security.
This is in line with GeeFi’s mission to make cryptocurrency accessible to everyone. Coming soon is the company’s native token, GeeFi (GEE) which will be a key part of the GeeFi ecosystem.
Token and Coin Swapping
GeeFi Wallet now supports tokens and native coins swapping across many chains, so users can convert one asset into another right within the app. With an intuitive interface designed for fast and accurate transactions, users no longer need to use third-party exchanges.
Swapping is as easy as selecting the token or coin to exchange and confirming the transaction in a few taps. GeeFi automates the complexity of token conversion so both traders and new crypto users can access decentralized financial systems in a user-friendly way.
Bridging Across Multiple Chains
GeeFi Wallet’s bridging feature allows users to bridge assets across different blockchain ecosystems. With support for Ethereum, Bitcoin, Solana, Binance Smart Chain and more, users can move assets between chains to access the best opportunities in DeFi, gaming and more.
GeeFi Wallet’s bridging capabilities are especially useful for users who participate in projects on multiple chains. By offering an easy way to bridge assets, GeeFi enables users to interact with the broader blockchain ecosystem without needing multiple wallets or complicated processes.
Security and Convenience
GeeFi Wallet is non-custodial so users always retain control of their private keys and funds. A critical factor in security during swaps and bridging. GeeFi uses advanced encryption to protect transactions and give users peace of mind.
“Incorporating multi-chain swaps and bridging features is part of GeeFi’s mission to remove barriers in the cryptocurrency space,” said a GeeFi Representative. “We want to provide secure and hassle-free tools for the community and incentivize broader adoption of blockchain technologies.”
Along with the GeeFi Wallet’s new features, the GeeFi (GEE) token is still at the core of the ecosystem. The token will unlock premium features in the wallet such as no limit crypto cards and be an incentive for active participation on the platform.
For example, GEE holders may get reduced fees on swaps and bridging transactions making the token a valuable asset for those who use the GeeFi ecosystem frequently. The whitelist for early access to GEE tokens is already open, users can now reserve a spot before it’s released to the public.
About GeeFi
GeeFi is building innovative and secure digital asset management tools. With a focus on accessibility, security and versatility, the GeeFi Wallet serves crypto users worldwide with features like staking, bridging and multi-chain support. GeeFi’s mission is to simplify digital finance and build trust and engagement in the decentralized economy.
The crypto market has seen a notable uptick in activity this week, with total market capitalization rising by 10% over the past seven days.
This surge reflects renewed investor interest, particularly among large holders, who have strategically accumulated select altcoins.
Uniswap (UNI)
Uniswap’s governance token UNI is one of the tokens crypto whales bought this week. This is evidenced by its large holders’ netflow, up 492% over the past seven days.
The large holders’ netflow measures the difference between the amount of tokens that whales buy and sell over a specified period. When it surges like this, it signals strong accumulation by whales, suggesting growing confidence or a bullish outlook on the asset.
If whale accumulation persists, UNI could extend its rally to $7.10. On the other hand, if demand leans, UNI could shed recent gains and fall to $4.60.
MANTRA (OM)
OM’s recent price downturn has opened the door for strategic accumulation by some of its largest holders. According to on-chain data from Santiment, whale addresses holding between 10 million and 100 million OM tokens scooped up 26 million OM during the week under review.
This accumulation trend follows a dramatic collapse in OM’s price on April 13. The token suffered a flash crash that erased over 90% of its value in less than an hour, wiping out more than $5.5 billion in market capitalization.
The price plunge shook retail sentiment, but whales appear to have viewed it as a discounted entry point, positioning themselves for a potential recovery.
If this trend continues, OM could rally above $1. However, once selloffs resume, its price could fall to $0.022.
Worldcoin (WLD)
Sam Altman-linked WLD is another altcoin that crypto whales bought this week. On-chain data shows that whales holding between 1 million and 10 million tokens have acquired 13 million WLD over the past week.
This group of WLD investors holds 798.06 million tokens at press time, marking their highest recorded balance. If WLD whales increase their accumulation, its price could rally back above $1.
On the other hand, if selloffs continue, it could fall to $0.57.
A lot happened this week in crypto, marking developments expected to continue shaping the industry. Important headlines came from administrative decisions, ecosystem developments, and analysts probing the market outlook.
In case you missed it, the following is a roundup of some of the most important developments in the crypto market this week.
XRP Lawsuit’s Jay Clayton Became New SDNY Attorney
“Trump’s former SEC Chair Jay Clayton has taken his position as interim US attorney for the Southern District of New York. He will serve for up to four months until confirmed by the Senate or appointed by Manhattan federal judges,” former Fox Business reporter Eleanor Terrett reported.
The move came as Democratic leaders in the Senate reportedly hinted at blocking Clayton’s nomination. Trump’s move to install him as interim could see Clayton avoid the Senate confirmation process.
Clayton is the legal expert who initially filed the longstanding legal action between the SEC and Ripple. As it happened, Clayton filed the lawsuit on December 22, 2020, and resigned the next day in what will be remembered as a “parting shot” for the agency.
Pi Network Pioneer Frustration Over Ambiguous Roadmap
Another crypto incident this week concerned Pi Network pioneers. As BeInCrypto reported, the controversial project released its Mainnet Migration Roadmap. However, it failed to impress pioneers as it lacked key details.
Specifically, several gaps sparked concerns, including failing to disclose how many Pioneers remain in the queue. Similarly, it was unable to show the network’s daily migration capacity. The absence of these figures makes it impossible for users to predict when their migration will occur.
Further, opaque criteria for node rewards and the UI’s “Transferable Balance” underestimating actual migrated amounts raised flags. Pi Network also offers no audit or error‑resolution process for users who spot mismatches in their historical mining data, exacerbating the fears.
“I thought we were mining all of these PI coins this whole time? I thought the security circles were the Consensus Mechanism. It kinda seems to me like there isn’t a blockchain, and never was one. What kind of “Blockchain protocol” would “Require” all tokens to be minted at genesis?” one community member wrote.
Pi Network (PI) price performance. Source: CoinGecko
Data on Coingecko shows PI coin was trading for $0.6539 as of this writing, up by a modest 1.1% in the last 24 hours.
Bitcoin Cycle Unfolds Noticeably Different From Previous Ones
More interestingly, BeInCrypto reported a concerning shift: this cycle is unfolding remarkably differently than the past ones post-halving.
In previous cycles, BTC price tended to rally aggressively months after the Bitcoin halving. The post-halving period saw strong upward momentum and parabolic price action.
This trend was largely driven by retail enthusiasm and speculative demand, which proved most pronounced from 2012 to 2016 and 2016 to 2020.
Things are happening differently in the current cycle. Instead of accelerating after the halving, the price surge began in October and December 2024, driven by Bitcoin ETF (exchange-traded funds) hype. This was followed by consolidation in January 2025 and a correction in late February.
PancakeSwap Announces CAKE Tokenomics Date
This week in crypto, PancakeSwap announced the official date for its CAKE tokenomics, April 23. As BeInCrypto reported, key changes included the removal of veCAKE, staking, and revenue sharing, with 5.3 million CAKE to be burned annually to curb supply.
However, there was also controversy as Cakepie DAO pushed back against veCAKE removal. Several developers and community members believe CAKE Tokenomics 3.0 will benefit the project in the long term.
“At its core, CAKE Tokenomics 3.0 defends true value and protects CAKE holders by strengthening long-term fundamentals—such as aggressively cutting emissions to accelerate deflation and sustainably grow value,” Chef Philip said.
Meanwhile, others voiced strong concerns on X (Twitter), criticizing the decision to eliminate veCAKE. Among them was Cakepie DAO, one of the largest veCAKE holders, who called it non-transparent and potentially damaging to projects built around that model.
Against this backdrop, PancakeSwap resorted to a $1.5 million CAKE compensation plan.
“PancakeSwap is willing to provide 1.5M USD in CAKE to CakePie DAO primarily used to compensate CKP Holders if CakePie DAO enables mCAKE holders to redeem 1:1 back to CAKE and opens the redemption page in a timely manner if the proposal passes. Detailed plans will be announced once the mirror proposal on CakePie is completed,” the Head Chef of PancakeSwap wrote.
Data on CoinGecko shows Pancake’s CAKE was trading for $2.12 as of this writing, up by nearly 10% in the last 24 hours.
Zora Airdrop and Token Launch Announcement
Adding to the list of the many events that happened this week in crypto, Zora Network announced that it would airdrop 1 billion ZORA tokens (10% of the total supply) on April 23. The tokens would reward early platform users across two snapshot periods.
As it happened, the crypto airdrop happened in style, sparking confusion as it lacked an official checker or claim site. Users were required to go to the contract address and check their allocations.
Speaking to BeInCrypto, Jesse Pollak, the creator of the Base blockchain, said that one must not understand anything about crypto or the underlying infrastructure before posting on Zora. He also defended the value of content coins, emphasizing their potential for creators despite volatility.