This week, between April 21–28, tokens worth over $235 million are scheduled to be unlocked across several major crypto projects. Traders and investors are keeping a close eye on these events for any potential price swings in the market.
Key Projects to Watch: UDS, ALT, VENOM, XMW, and HOOK
The key projects in focus include Undeads Games (UDS), AltLayer (ALT), Venom (VENOM), Morphware (XMW), and Hooked Protocol (HOOK).
VENOM and ALT lead the cliff unlocks, with VENOM releasing 59.26 million tokens valued at $8.25 million, while ALT is unlocking 240.10 million tokens worth $7.09 million. Solana (SOL) leads the linear unlocks, with 465,770 tokens hitting the market, valued at $66.03 million.
Undeads Game (UDS) is unlocking nearly $11.5 million worth of tokens, which represents over 20% of its circulating supply—a significant chunk entering the market. The token is currently down 1.18%, showing bearish momentum and indicating potential selling pressure.
AltLayer (ALT): A Bullish Exception
Not all tokens are following a bearish trend. AltLayer (ALT) is actually showing bullish signs despite the large unlock. The token has surged by 5.71% to $0.02656, defying the usual unlock-related dip and indicating strong market interest.
Morphware (XMW) is unlocking about $676,000 worth of tokens, which is 1.58% of its supply. The token has jumped over 5% in a strong rally, signaling positive sentiment. Meanwhile, Hooked Protocol (HOOK) is set to unlock $465,000 worth of tokens and has posted the strongest daily gains so far, rising 7.59%.
Other tokens like Worldcoin and TRUMP will also unlock significant amounts. These events could affect token prices and market supply. These unlocks can impact the market price of a token because they increase the number of tokens available to be sold or traded.
A Look Back: Last Week’s Major Unlocks Surpassed $463 Million
In the last week major tokens were unlocked over $463 million. Arbitrum (ARB) unlocked $94.87M, Starknet (STRK) $91.52M, and Axie Infinity (AXS) $76.74M. Other unlocks included Immutable (IMX), Manta Network (MANTA), ApeCoin (APE), Render (RNDR), dYdX (DYDX), and Nym (NYM).
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Despite growing interest in cryptocurrencies, a fundamental disconnect exists between digital assets and everyday shopping. Millions of people hold crypto in different wallet types, yet few can use these assets at local stores.
Merchants hesitate to accept crypto due to price volatility, technical barriers, and high integration costs. As SpacePay approaches $1 million in presale funding with tokens at $0.003126, its focus on solving this practical gap stands out.
The Missing Connection in Crypto Commerce
A major disconnect exists between crypto ownership and actual spending options. While people hold billions in digital assets across hundreds of wallet types, few merchants accept these currencies for everyday purchases. This gap prevents crypto from fulfilling its original purpose as a payment system for regular transactions.
Merchants hesitate for several practical reasons. Traditional crypto payments expose businesses to price volatility – a $100 sale might be worth $90 by settlement time.
Most systems require special equipment or software that costs thousands to implement. The technical complexity often confuses both staff and customers, creating checkout delays and errors.
Previous crypto payment solutions typically charge 1-2% fees plus network costs, making them more expensive than traditional card processing for many transactions. Settlement times of hours or even days create cash flow problems for businesses that need immediate access to their earnings.
These barriers create a market opportunity that SpacePay addresses by connecting existing payment terminals directly to crypto wallets.
325+ Wallets, One Simple Payment System
SpacePay solves wallet fragmentation through a universal QR code system. Instead of requiring merchants to support hundreds of different crypto payment methods, the platform generates a single QR code that works with any of the 325+ supported wallets.
This universal approach means stores don’t need to choose which cryptocurrencies to accept or which wallet systems to support.
The technical process stays invisible to both merchants and customers. When a store enters a payment amount on their terminal, SpacePay’s system creates a QR code containing all necessary transaction details. This code works as a universal translator between different wallet protocols, handling the complex mapping of payment information across various crypto standards.
Behind the scenes, the system verifies payments through smart contracts that check wallet balances and transaction validity. This verification happens within seconds, confirming the payment to the merchant’s terminal just as quickly as a card transaction.
By eliminating the need for special equipment, SpacePay removes a major adoption barrier. Stores use their existing Android-based payment terminals through a simple software update, requiring zero new hardware purchases.
Merchant Benefits Beyond Lower Fees
While the 0.5% fee creates obvious savings compared to 3% card rates, merchants gain several advantages beyond cost reduction. Instant access to funds changes how businesses operate daily.
A store making morning sales can use that money immediately for afternoon inventory purchases. This quick access helps businesses respond to opportunities faster – from supplier discounts to unexpected stock needs.
Price protection removes the volatility risk that previously kept merchants from accepting crypto. When a store sells an item for $100, they receive exactly $100 in their local currency regardless of crypto market movements.
This guarantee lets businesses set consistent prices without worrying about exchange rate changes affecting their income.
Accepting crypto payments opens stores to new customer segments. Crypto holders often seek businesses where they can spend their digital assets, creating new sales opportunities. For international businesses, the system allows tourists and cross-border shoppers to pay without currency conversion fees or foreign transaction charges.
The multi-wallet compatibility means merchants don’t need to choose which cryptocurrencies to support. By accepting payments from 325+ different wallets, stores accommodate the widest possible range of crypto users.
From Concept to $1M Presale Success
SpacePay built its presale success on completed achievements rather than just future plans. The platform secured $750,000 in private investment, which funded development of the core payment system. This early backing from professional investors provided the foundation for building working technology before seeking wider market support.
Key milestones show actual progress beyond concepts. Smart Contract Audits verify that the payment system processes transactions securely while protecting user funds.
The “New Payment Platform of the Year” award at the CorporateLiveWire Global Awards 2022/23 provides external validation from industry experts. These concrete achievements help explain why presale funding approaches $1 million with tokens at $0.003126.
The expansion strategy focuses on creating adoption clusters in business districts. When several stores in a shopping area use SpacePay, they create natural awareness among both customers and neighboring businesses. This organic growth happens through visible results rather than marketing efforts.
New supporters can join the presale at the current token price using USDT, AVAX, BASE, MATIC, ETH, BNB, or bank cards. The platform accepts various payment methods through a clear process on the official website. Community channels on Telegram and X share regular updates about development progress.
The post How SpacePay Raised Close To $1 Million in Presale Connecting Crypto to Everyday Commerce appeared first on Coinpedia Fintech News
Despite growing interest in cryptocurrencies, a fundamental disconnect exists between digital assets and everyday shopping. Millions of people hold crypto in different wallet types, yet few can use these assets at local stores. Merchants hesitate to accept crypto due to price volatility, technical barriers, and high integration costs. As SpacePay approaches $1 million in presale …
Crypto analyst Master Kenobi has provided a bullish outlook for the Dogecoin price, predicting that it could reach a new all-time high (ATH) in 55 days. He revealed what needs to happen for DOGE to achieve this milestone by June, based on his 55-day target.
How The Dogecoin Price Could Reach A New ATH By June
In an X post, Master Kenobi stated that the Dogecoin price will likely reach a new all-time high within approximately 50 to 55 days once it breaks above the trendline he highlighted on his accompanying chart.
The chart showed that the crucial price level DOGE needs to break above, based on this trendline, is $0.15488. The analyst then remarked that a conservative price target for the top meme coin would be $0.90 by June 5-10.
Master Kenobi had made this prediction while alluding to an earlier post in which he indicated that the Dogecoin bottom was almost near. In that post, he stated that the last time DOGE experienced a downturn, there was a 100-day period from the local bottom to the local top. He noted the meme coin is now halfway through a similar timeframe.
In line with this, the crypto analyst expects the Dogecoin price to reach a new all-time high (ATH) during this period, although he admitted that it is unclear whether it will break the psychological $1 level.
Crypto analyst Kevin Capital also suggested that a massive rebound was on the horizon for the DOGE price. In an X post, he stated that everything is going according to plan for Dogecoin. He urged market participants to stay patient, noting that every day that passes is another day closer.
DOGE Traders Remain Undecided At The Moment
In an X post, crypto analyst Trader Tardigrade indicated that DOGE traders are currently undecided on the meme coin’s next move. In an X post, he stated that the Dogecoin price structure has been converging into a triangle pattern, indicating market indecision.
He noted that during this period, buyers hesitate to buy high, while sellers are cautious about selling low, leading to conservative behavior on both sides. The analyst added that this pattern typically occurs between a downtrend and an uptrend.
This market indecision currently explains why DOGE investors continue to accumulate and dump their coins at will with no clear sign of active accumulation or a wave of sell-offs. As CoinGape reported, crypto whales recently dumped 570 million DOGE, as the Dogecoin price continues to trade sideways.
Robinhood Markets reported its first quarter (Q1) earnings on Wednesday, revealing commendable growth over the past several months.
The development adds to Robinhood’s list of bullish developments this year after the US SEC (Securities and Exchange Commission) dropped its probe against the online brokerage platform.
Robinhood Records 100% Q1 Crypto Revenue Growth
Robinhood Markets reported its Q1 earnings on Wednesday, April 30, detailing its financial results for the first quarter of 2025. The platform’s CEO and co-founder, Vlad Tenev, and CFO Jason Warnick led the broadcast, which was shared on X (Twitter) and YouTube.
While Tenev and Warnick had much to say about the brokerage platform’s performance in Q1 2025, the highlight was its crypto revenue between January and April.
Reportedly, crypto revenues doubled to $252 million, marking a 100% increase year-over-year (YoY). In the same tone, crypto trading volumes hit $46 billion, up by 28% YoY.
These are notable feats given fierce competition from centralized exchanges like Binance and Coinbase.
“We began the year strong with 50% YoY revenue growth and 106% EPS growth, alongside disciplined expense management. We’re also returning capital aggressively with expanded share repurchases, signaling confidence in our long-term growth,” said Warnick.
Perhaps the recent move by the US SEC to drop its probe into Robinhood exacerbated the financial traction. Despite its May 2024 Wells Notice against the platform, the securities regulator concluded the investigation without penalties.
Robinhood Shares Strategic and Operational Highlights
Beyond financial traction, Robinhood’s Q1 earnings revealed accelerated product innovation on different paradigms, including Robinhood Strategies, Banking, and Cortex. According to Tenev, customers warmed up to the platform’s offerings, adding credence to the platform’s notable Q1 revenues.
“…customers responded with record-breaking net deposits, Gold subscriptions, and trading volume across all asset classes,” Tenev stated.
Among the innovations presented, comprising strategic and operational highlights, is a Bitstamp acquisition in the pipeline, expected to close mid-2025. BeInCrypto recently reported details of the acquisition, citing a $200 million deal.
The acquisition comes as Robinhood looks to enhance its crypto services. Bitstamp brings over 50 active licenses and registrations worldwide. With this, Robinhood will integrate a reputable institutional business into its ecosystem.
Beyond the Bitstamp acquisition, Robinhood is also working on global expansion into the UK and EU, positioning itself as a fierce competitor in the crypto space.
Robinhood is also innovating with prediction markets like Kalshi and advanced trader tools, tapping into the growing demand for diverse crypto offerings. Its prediction market has reportedly traded over 1 billion event contracts in six months.
With 25.8 million funded customers and $221 billion in platform assets, Robinhood is becoming a go-to financial hub for crypto-savvy users.
Despite the bullish developments, Robinhood’s HOOD token has only increased by a modest 1% in the last 24 hours. As of this writing, it traded for $0.00003370 on the MEXC exchange against the USDT stablecoin.
