Pi Network has completed Protocol 26, requiring all 421,000 nodes to upgrade by August 11, 2026, and is preparing for Protocol 27, termed the "final planned upgrade" to stabilize the mainnet. This upgrade aims to end frequent mandatory changes and shift toward decentralized governance, which is crucial for gaining trust and exchange listings. Despite registering its MiCA white paper with ESMA, Pi remains unlisted on major exchanges like Binance and Coinbase, facing scrutiny over code transparency and token concentration. Additionally, a large token unlock schedule in 2026 continues to pressure the price, which has dropped over 97% from its peak. The real test for Pi will be whether Protocol 27 leads to genuine ecosystem growth, increased on-chain activity, and broader exchange acceptance.
Bitcoin's futures market experienced its sharpest deleveraging since 2023, with Binance's Bitcoin futures open interest briefly falling below its 180-day average during the largest liquidation event of the current cycle. This was driven by forced liq...
Bitcoin traded near $79,972, up 0.43% in 24 hours, with optimism for reaching $85,000 fueled by strong ETF inflows and bullish market sentiment. The global crypto market cap rose to $2.72 trillion, led by gains in Solana, Ethereum, XRP, and BNB. Key ...
Tokenized stock trading volume reached nearly $3 billion weekly in August, driven by Robinhood Chain, BNB Chain, and Solana, which dominate blockchain-based equity trading. This growth highlights the rapid expansion of markets allowing investors to t...
Open interest in altcoin futures for ZEC, BNB, ARB, XRP, and SOL has surged, with ZEC reaching a record $2.4 billion amid a price rally past $1,000 that liquidated $34 million in shorts. This rise reflects aggressive speculative leverage rather than ...
Binance has launched perpetual futures contracts for two new crypto tokens: PONS from Robinhood Chain and HAJIMI from BNB Smart Chain. PONS, a utility token with a deflationary model, offers up to 20x leverage and nears a $1 billion market cap, while...
