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Shiba Inu: 1,156,929 SHIB Destroyed as Burn Rate Skyrockets 396%
GameFi Guides

Shiba Inu: 1,156,929 SHIB Destroyed as Burn Rate Skyrockets 396%

by admin September 25, 2025


According to data from Shibburn, in the last 24 hours, 1,156,929 SHIB tokens have been burned, contributing to a 396.9% surge in the daily burn rate.

With over 1.1 million tokens slashed from Shiba Inu’s total supply, what remains is 589,247,704,216,787 SHIB tokens as the dog coin’s total supply. At its inception, Shiba Inu had one quadrillion tokens as its total supply, with the recent figure implying that over 410 trillion tokens have been burned from the Shiba Inu’s total supply.

HOURLY SHIB UPDATE$SHIB Price: $0.00001187 (1hr -0.84% ▼ | 24hr -2.05% ▼ )
Market Cap: $6,997,079,978 (-2.00% ▼)
Total Supply: 589,247,704,216,787

TOKENS BURNT
Past 24Hrs: 1,156,929 (396.90% ▲)
Past 7 Days: 3,043,689 (-0.13% ▼)

— Shibburn (@shibburn) September 25, 2025

The 1,156,929 SHIB tokens burned in the last 24 hours remain significant as the prior two days saw less than a million tokens burned.

On Sept. 24, only 232,829 SHIB were burned, a 13.67% drop from the day before, when about 269,706 SHIB tokens were burned.

The slowing down of burns this week might have been contributed to by a large market sell-off at the week’s start, with more than $1.7 billion in liquidations, which might have impacted investor sentiment.

So far in the last seven days, 3,043,689 SHIB have been burned, marking a 0.13% drop in burn rate.

Shiba Inu price 

Shiba Inu has seen lackluster price trading this week so far, after it saw three straight days of dropping from Sunday to Tuesday, at which it fell to a low of $0.00001179 at one point, on Sept. 22.

Shiba Inu’s momentum has stalled as markets weighed macroeconomic concerns, trading in a range between $0.00001183 and $0.00001238 since Sept. 23. At press time, SHIB was trading down 2.11% in the last 24 hours to $0.00001196 and down nearly 11% weekly in line with the broader crypto market drop.

The most anticipated data this week will be the personal consumption expenditures index, an inflation gauge preferred by the Federal Reserve, which is scheduled for release on Friday.

Fed Chairman Jerome Powell said in a speech to business leaders on Tuesday that the central bank lowered interest rates last week due to weakness in the labor market outweighing concerns about stubborn inflation.





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September 25, 2025 0 comments
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GameFi Guides

Hong Kong Monetary Authority (HKMA) Warns Against Unregulated Stablecoin Issuance

by admin September 25, 2025



The Hong Kong Monetary Authority (HKMA) warned investors it has not approved any stablecoin issuers, labeling the marketing of such products as illegal, the SCMP reports.

The statement came after Hong Kong-based AnchorX announced the introduction of AxCNH, a stablecoin pegged to the offshore Chinese yuan. The company said it held a license from Kazakhstan’s Astana Financial Services Authority and that the coin would support cross-border payments and tokenized real-world assets, according to the SCMP.

In a statement on its official WeChat channel, the HKMA said no entity had been licensed to issue stablecoins in the city and advised the public to remain cautious.

This marks the first test of Hong Kong’s new stablecoin rules, which came into effect in August. Under the regime, stablecoin issuers must meet stringent standards around licensing, capital, and governance.

The timing of the warning is notable. China’s own securities regulator recently urged brokerages to pause real-world asset (RWA) tokenization activity in Hong Kong, citing risk management concerns.



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September 25, 2025 0 comments
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Bitcoin Hyper ($HYPER) Live News Today: Latest Insights for Bitcoin Maxis (September 25)
GameFi Guides

$200K Bitcoin Price Prediction from Bitwise CEO, Wall Street Launches New Crypto Hype ETF

by admin September 25, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Stay Ahead with Our Immediate Analysis of Today’s Bitcoin & Bitcoin Hyper Insights

Check out our Live Bitcoin Hyper Updates for September 25, 2025!

In 2010, Bitcoin was worth a few cents. One year later, it hit $20. In six years, it was $17,000, and now it’s sitting at over $100K, after hitting an ATH of $123K in July.

Historically, if you’d invested in Bitcoin at launch, you’d have an ROI of 188,643,000%. The likes of Mastercard, JP Morgan, and scores of S&P 500 companies are buying Bitcoin in droves. There’s never been anything like Bitcoin before, and investors are waking up to that reality.

However, Bitcoin is getting old for modern standards. No dApps, no smart contracts, and almost non-existent DeFi scalability. It needs an upgrade. And that’s what Bitcoin Hyper ($HYPER) is here to do with Layer-2 technology.

Click to learn more about Bitcoin Hyper

Bitcoin Hyper ($HYPER) is a crypto project planning to launch the fastest Layer-2 chain for Bitcoin. Its goal – to bring Bitcoin’s blockchain to modern standards. This means compatibility with dApps, smart contracts, and seamless DeFi programmability for developers.

The L2 will run on a Canonical Bridge, combined with the Solana Virtual Machine (SVM), for native compatibility with Solana. You’ll be able to build token programs, LP logic, oracles, games, NFT infrastructure, DAOs, and much more. All without reinventing the wheel.

To engage with the L2, you’ll deposit $BTC to a designated address monitored by the Canonical Bridge. The Relay Program verifies the details, and then mints an equivalent number of wrapped $BTC on the L2. You can also withdraw your original $BTC at any time.

If you’re looking for the newest insights on Bitcoin and Bitcoin Hyper, you’re in the right place.

We update this page regularly throughout the day with the latest insider insights for Bitcoin maxis and Bitcoin Hyper fans. Keep refreshing to stay ahead of the pack!

Disclaimer: No crypto investment comes without risk. Our content is for informational purposes, not financial advice. We may earn affiliate commissions at no extra cost to you.

HOW TO BUY $HYPER

Today’s Bitcoin Technical Analysis

Bitcoin jumped over 1% yesterday, finding support not only at the 0.618 Fibonacci retracement level but also at the 100 EMA.

This formed the bullish picture of a classic Fibonacci retest pattern, which typically suggests the token could move toward at least the Fibonacci swing highs. In this case, this would be a 5% rise toward $118K.

However, so far today Bitcoin has given back all of yesterday’s gains, once again putting the spotlight on those two key support levels.

The next few hours will be crucial, as losing these supports could signal that the token is ready to rally downward, at least for the next few days.

That said, even a deeper correction from here would still not change Bitcoin’s long-term bullish direction.

For instance, on the daily chart, the token has yet to even touch the 200 EMA since its June rally. And on the weekly chart, Bitcoin hasn’t even made contact with the 20 EMA.

Now, we’re not suggesting that the token will surely trade lower and touch those levels; we’re saying that even if it does, it would still be in bullish territory.

All you need to do is be patient and wait for a potential rebound, which could then prompt a nice low-risk, high-upside bullish setup.

Bitcoin Hyper ($HYPER) Hype Builds as Crypto Hype Results in ETF

September 25, 2025 • 10:00 UTC

Crypto loves Wall Street’s money. And in recent years, digital asset treasuries hit on an unusual strategy – leverage stock sales of their own companies to raise money to purchase crypto.

Use the appreciation in crypto prices to fuel higher stock prices, sell more shares to raise more money, to buy more crypto, to raise the stock price, to…..

You get the idea. Now, there are officially enough DATs around for Wall Street to return the favor. A recent filing proposes a new crypto ETF formed entirely of DATs.

It’s a way for Wall Street to leverage crypto hype to its own advantage. And it signals another stage in the steady advance of DATs and ETFs, two increasingly popular crypto investment tools.

Another token riding a wave of hype? Bitcoin Hyper ($HYPER)  itself, the fastest Bitcoin Layer 2 around.

Learn how Bitcoin Hyper blends Bitcoin’s strength and the SVM’s speed in a groundbreaking innovation.

A Bargain at Twice the Price: Why Bitcoin Is Undervalued – and Bitcoin Hyper Could Be a Game-Changer

September 25, 2025 • 10:00 UTC

Forgot any worries about being ‘late’ to Bitcoin and crypto. According to the Bitwise CEO, Bitcoin is majorly undervalued. He estimates the price should already be at $200K and up.

The CEO attributes most of the looming Bitcoin surge as actually an upward correction, driving $BTC to where it should be. The impetus for Bitcoin’s moves will be the near-constant institutional pressure from ETFs, crypto treasuries, and more.

Bitcoin Hyper $HYPER) could cause Bitcoin to rush higher, faster, as investors realise the massive potential in the upcoming Bitcoin Layer 2.

Our Bitcoin Hyper price prediction estimates $0.32 by the year’s end, a 2,366% pump from now.

Authored by Leah Waters, Bitcoinist — https://bitcoinist.com/bitcoin-hyper-live-news-september-25-2025/

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 25, 2025 0 comments
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GameFi Guides

US Dollar Bounces, Gold Pauses Rally: What’s Next for Bitcoin?

by admin September 25, 2025



In brief

  • The U.S. dollar is firming, triggering a retracement in equities and gold.
  • Experts remain split about the Fed’s measured dovish stance, but remain bullish on Bitcoin heading into the fourth quarter.
  • A softer August Core PCE print could end Bitcoin’s September slump and set the stage for a bullish fourth quarter.

Bitcoin is stuck in a macro tug of war as the U.S. dollar strengthens following the U.S. Federal Reserve’s measured dovishness, with gold settling lower after Wednesday’s record high. 

The conflicting signals have left the crypto trading in a tight range, lagging the record-breaking momentum in equity markets and gold.

The Fed’s quarter-point “insurance cut” last week successfully calmed front-end rates but sparked a sell-off in long-term Treasuries, pushing yields higher, Singapore-based trading desk QCP Capital noted in a Wednesday post. 

Fed Chair Jerome Powell’s emphasis on a cautious path forward provided much-needed relief for the U.S. Dollar Index (DXY), which measures the dollar’s performance against a basket of currencies, leading to a 1.63% bounce from Wednesday’s low of 97.22, according to MarketWatch data.

Amid the strengthening dollar, both gold & the S&P 500 index have settled lower after touching record highs on Tuesday. 

“Gold’s reversal from fresh highs looks like profit-taking or hedging shifts,” Derek Lim, head of research at crypto market-making and trading firm Caladan, told Decrypt. “While some of those flows might rotate into Bitcoin, the effect gets muted if the dollar keeps strengthening.” 

With the core inflation near 3%, Lim expects August’s Core PCE release to set the tone on how equities, gold, and Bitcoin will react.

A positive surprise would “force the markets to reprice rate-cut expectations,” he said, making equities, gold, and Bitcoin vulnerable. At the same time, a softer print would strengthen the dovish case, pushing these assets higher.  

The Fed’s “measured dovishness is calming markets,” discounting the U.S. dollar’s bounce and recent drop in both equities and gold, Ryan McMillin, chief investment officer at crypto fund manager Merkle Tree, told Decrypt.

He said the market is in agreement with the Fed’s stance and points to the reduced volatility in the bond markets as proof, expecting this macro backdrop to help end Bitcoin’s September slump and push it to new highs heading into a historically bullish fourth quarter. 

Bitcoin is currently trading at $111,800, down less than a percent on the day, CoinGecko data shows.

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Sui partners with t’order for commercial stablecoin payments in South Korea
GameFi Guides

Sui partners with t’order for commercial stablecoin payments in South Korea

by admin September 25, 2025



South Korea’s largest table ordering service t’order has chosen the Sui blockchain to jointly develop a stablecoin infrastructure for commercial applications nationwide by leveraging the company’s extensive network.

Summary

  • t’order partners with Sui to launch a stablecoin payments system across 300,000 point-of-sale devices in South Korea.
  • The platform will use an upcoming won-pegged stablecoin that will be deployed on Sui.
  • Decentralized storage protocol Walrus will store transaction data.

Sui network announced the partnership via a Sep. 24 blog post, and said the collaboration will integrate t’order’s advanced QR code and facial recognition technologies to make everyday stablecoin payments more seamless.

t’order is South Korea’s largest point-of-sale ordering platform that processes over $4.3 billion in transactions annually. The company has long championed zero-fee payments for small businesses, and by integrating stablecoins, it hopes to replace costly card fees with faster, more affordable digital settlement.

According to Sui Foundation’s Managing Director, Christian Thompson, the collaboration is expected to target South Korea’s  food service market, which is valued at roughly 190 trillion KRW, and “improve the consumer experience for millions in Korea.”

“The mass adoption arc for stablecoins and crypto payments is rapidly accelerating, and it’s thrilling to see Sui at the forefront of this trend with innovative partners like t’order,” Thompson said.

The upcoming platform will be powered by a won-pegged stablecoin deployed on the Sui network. However, the announcement did not disclose a specific launch timeline or the name of the issuing entity. 

All transaction and loyalty data would be stored on Walrus, a decentralized storage protocol built on the Sui blockchain.

Once live, the stablecoin payments, rewards, and settlement system would be available across t’order’s nationwide network of over 300,000 point-of-sale devices.

“Our Partnership with Sui is the next step in that vision, leveraging our unique nationwide deployment capabilities and real-time infrastructure to create a new payment and settlement paradigm –one designed for and centered around small businesses,” a t’order spokesperson was quoted as saying.

SUI, the native token for the Sui network, did not immediately react to the news, and was down 3.4% in the past 24 hours, continuing its downtrend that began on Sep. 18.

South Korea’s growing appetite for stablecoins

Stablecoins have become a key focus area in South Korea over the past year as the nation pushes to develop a domestic digital asset ecosystem that reduces reliance on dollar-pegged tokens like USDT and USDC.

In recent months, local firms and financial institutions have accelerated efforts to issue won-based stablecoins, most notably with the launch of KRW1, a fully backed won-pegged token issued on the Avalanche blockchain.

At the same time, South Korean regulators have already kicked off efforts to finalize a legislative framework to regulate stablecoin issuance and operations in the country. A new bill set to be unveiled in October is expected to outline requirements around collateralization, internal controls, and issuer transparency.



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September 25, 2025 0 comments
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GAIN Crashes 80% After Abnormal Mint and Dump
GameFi Guides

GAIN Crashes 80% After Abnormal Mint and Dump

by admin September 25, 2025


  • Attacker’s actions 
  • Griffin AI’s response 

GAIN, the token of artificial intelligence (AI) agent builder Griffin AI, has plunged by a whopping 80% following “abnormal minting and dumping,” according to a recent alert posted by cybersecurity firm PeckShield.  

The BNB Chain-based token was recently listed on several exchanges, including HTX, KuCoin, Gate.io. On top of that, the token made its debut on Binance, the world’s largest cryptocurrency exchange, on the cusp of the attack. 

Attacker’s actions 

The token was supposed to have a capped supply, but malicious actors managed to surpass this limit by suddenly minting a total of 5 million GAIN by exploiting a vulnerability in the project’s smart contract. 

The attacker immediately ended up swapping 5 million GAIN for BNB, pocketing roughly $3 million. The massive sale resulted in an extremely severe price drop for the token in question. 

The attacker then swapped the BNB for 720 ETH and sent the tokens to the Tornado Cash privacy mixer, which makes it extremely challenging to actually trace stolen funds. 

Griffin AI’s response 

Following the attack, Griffin AI requested that all exchanges pause trading, deposits, and withdrawals of the GAIN token. The move is meant to prevent the attacker from performing more transactions. 

“We’re coordinating closely with exchanges and security partners,” he said. 



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September 25, 2025 0 comments
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Euro. (jojooff/Pixabay)
GameFi Guides

South Korean Internet Giant Naver to Buy Crypto Exchange Upbit: Report

by admin September 25, 2025



South Korean crypto exchange Upbit is about to be acquired by internet giant Naver, according to a report.

The deal would bring Upbit’s parent Dunamu under the umbrella of Naver Financial, making Dunamu a full subsidiary of Naver’s financial arm, the report said.

Upbit is one of the largest crypto exchanges in the crypto friendly country, while Naver operates multiple internet based services in South Korea, including Naver Pay.

The deal is likely to be a stock swap deal with Naver Financial issuing new shares in the crypto exchange for Dunamu’s current shares, the report added.

Shares of Naver jumped over 7% to korean won 246,000 ($175) after reports of the Upbit acquisition came out.

Reports of the deal come in the wake up of the South Korean government pushing to establish a framework for won-pegged stablecoins in the country.

Naver and Dunamu were not immediately available for comment.



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September 25, 2025 0 comments
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Hype Hyperliquid HYPEUSDT
GameFi Guides

HYPE Price Under Pressure: $12B Unlock and Hayes’ Ferrari Sale Shake Confidence

by admin September 25, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The Hyperliquid (HYPE) token is under heavy selling pressure as concerns mount over a looming $12 billion unlock event. Trading at $43.37, HYPE has fallen more than 12% in the past 24 hours and is down 20.8% this week, raising alarm across the crypto market.

The scheduled unlock on November 29 will see team tokens representing 23.8% of the total supply released over 24 months, with analysts warning of $500 million in monthly selling pressure.

Research group Maelstrom described the upcoming vesting as a “Sword of Damocles” moment, noting that only 17% of the supply may be absorbed by buybacks.

This overhang has already caused major whales to trim their positions, with one investor withdrawing $122 million worth of HYPE while holding onto $90 million in unrealized profits.

HYPE’s price trends to the downside on the daily chart. Source: HYPEUSD on Tradingview

Arthur Hayes’ Ferrari Sale Sparks Hyperliquid (HYPE) Selloff

Adding fuel to the bearish sentiment, BitMEX co-founder Arthur Hayes recently exited his entire HYPE position, cashing out over 96,000 tokens for approximately $4.8 million. Hayes revealed on social media that the sale was to cover a deposit for his new Ferrari 849 Testarossa, generating nearly $823,000 in profit.

The move stunned the market, especially given Hayes’ bold prediction just weeks earlier at the WebX 2025 conference, where he forecasted a 126x surge in HYPE over three years. His abrupt selloff, paired with mounting unlock concerns, has shaken investor confidence in Hyperliquid’s long-term trajectory.

Tokenomics Reform Proposal: Can It Restore Trust?

In response to growing concerns, DBA Asset Management’s Jon Charbonneau and researcher Hasu have introduced a comprehensive proposal to overhaul HYPE’s tokenomics. The plan recommends:

  • Burning 45% of HYPE’s supply, including unminted tokens allocated for emissions and assistance funds.
  • Eliminating Hyperliquid’s fixed 1 billion supply cap, aligning with flexible issuance models seen in Ethereum and Solana.

Supporters argue the proposal could remove distortions in fully diluted valuation (FDV) metrics and create a fairer assessment of Hyperliquid’s fundamentals. However, critics warn that cutting emissions may weaken growth incentives and reduce flexibility in responding to future challenges.

Despite its current price struggles, Hyperliquid remains one of the fastest-growing decentralized derivatives exchanges, recently hitting $3.4 billion in daily trading volumes. Whether the proposed reforms can stabilize HYPE ahead of November’s unlock will be a decisive test for the project’s resilience.

Cover image from ChatGPT, HYPEUSD chart from Tradingview

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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September 25, 2025 0 comments
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GameFi Guides

Peaq Unveils Tokenized Robo-Farm in Hong Kong

by admin September 25, 2025



In brief

  • DualMint, peaq, and KanayaAI are building a tokenized vertical robo-farm in Hong Kong.
  • Vertical farming grows food in stacked layers indoors, using less land and water than traditional farms.
  • The project links farm cash flow to NFTs, giving holders returns based on food sales.

Peaq, a blockchain network focused on the so-called Machine Economy, announced Tuesday the launch of what it calls the world’s first tokenized robo-farm.

The project is being developed in partnership with DualMint, a platform for tokenizing everyday businesses, and KanayaAI, a Hong Kong-based urban agritech company.

At Korea Blockchain Week 2025, peaq co-founder Leonard Dorlöchter said the project is designed to run autonomously and enhance food infrastructure.

“It’s a vertical farm which is autonomously farming and producing crops and has a yield of approximately 20%,” he said. “Can you imagine just with a farming machine you can generate a yield of 20% while contributing to critical food infrastructure?”

Vertical farming—the practice of growing crops indoors in stacked layers, often in warehouses, shipping containers, or purpose-built towers—relies on artificial lighting, climate control, and hydroponics to produce food in dense urban areas where land is scarce.

Advocates say it can deliver consistent yields close to consumers while requiring less land and water than conventional agriculture. With growing interest in the vertical farming space, the market is expected to reach $124 billion by 2035.

The Hong Kong facility is designed for about 12 crop cycles a year, compared to three or four in traditional farming. According to Peaq, the system will use one-tenth the water, no pesticides, and ten times less land than comparable farms. Fresh vegetables, including lettuce, kale, and spinach, will be delivered directly to residents on a subscription basis.

Where tokens come in

Tokenization, the process of turning ownership rights in a real-world asset into digital tokens on a blockchain, will underpin the project’s financial model.

In this case, the farm’s revenues will be represented as non-fungible tokens on the Peaq blockchain, giving holders a share of the cash flow. DualMint is managing the tokenization, with an early access waiting list already open for the sale.

Peaq operates as a Layer-1 blockchain built for connected devices and robots. DualMint specializes in bringing revenue-generating businesses, such as laundromats and vending machines, on-chain.

KanayaAI, meanwhile, develops automated vertical farms for urban environments. Together, the three companies frame the Hong Kong project as a way to merge blockchain, automation, and sustainable food production.

The effort builds on broader trends in agricultural robotics.

Companies have already deployed AI-driven robots that remove weeds, move plants in nurseries, and harvest crops in controlled environments. In Arizona, modular robotic vertical farming systems, like Opollo Farm, are already shipping leafy greens directly to markets.

Still, some challenges persist. Those include high capital and operating costs, particularly for energy-intensive lighting and climate control, which can limit scalability.

Running AI-driven robotic systems also requires capital, technical expertise, and access to power, creating barriers for smaller operators. Analysts warn that such systems could concentrate food production among well-funded entities.

By linking farm revenues directly to consumer demand through tokenized cash flow, Peaq aims to show how tokenized automation can provide both sustainable food and a yield-producing asset grounded in everyday demand.

“We’ve entered the most disruptive time humanity has seen,” Dorlöchter said. “The machine economy is here.”

The robo-farm is expected to go live in the fourth quarter of 2025.

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AVAX price could surge
GameFi Guides

AVAX price forms a rare pattern as key Avalanche metric soars 225%

by admin September 25, 2025



The AVAX price has formed a rare golden cross pattern, indicating further gains as the number of transactions on Avalanche increases. 

Summary

  • Avalanche (AVAX) has surged to $36.61, its highest since January, fueled by rapid network growth and expanding adoption.
  • Transaction volume jumped 226% this month, active addresses climbed 20%, and fees rose 86%, while total value locked in real-world asset tokenization soared 136% to over $456 million.
  • Coupled with a bullish technical setup—including a double bottom, a golden cross, and key Fibonacci levels—Avalanche appears positioned for further upside, with $43.75 as the next potential target.

Avalanche (AVAX), one of the biggest layer-1 networks in the crypto industry, jumped to $36.61 this week, its highest level since January. It has spiked by 135% from its lowest level this year.

Avalanche transactions jump

Nansen data shows that Avalanche was the fastest-growing blockchain network in the crypto industry this month. Its transaction jumped by 226% during the month to 50.43 million.

Its active addresses also jumped by 20% this month to 747,545, while its fees soared by 86% to $1.1 million. This growth happened as Avalanche gained market share in key industries in the crypto industry. 

For example, Avalanche’s total value locked in the real-world asset tokenization industry rose by 136% in September to over $456 million. This growth was driven by companies like Circle, Avant Protocol, and Tether. 

Avalanche’s role in the RWA industry will continue growing as Anthony Scaramucci prepares to launch his tokenized fund on its chain.

Additional data indicates that the supply of stablecoins in its network increased by 16% to $1.9 billion. The number of stablecoin addresses rose by 11% to over 264,0000. 

Meanwhile, Avalanche’s liquidations have slowed in the past few days. The liquidations jumped to almost $10 million on Monday and then dropped to $1.36 million today. 

AVAX price technical analysis 

Avalanche price chart | Source: crypto.news

The daily chart indicates that the AVAX price has formed a double-bottom pattern around $15, with a neckline at $27.30. It has also moved above the neckline, and most importantly, it recently formed a golden cross pattern as the 50-day and 200-day moving averages crossed each other. 

A golden cross is one of the most bullish patterns in technical analysis. It has also moved to the 50% Fibonacci Retracement level and is approaching the ultimate resistance level of the Murrey Math Lines. 

Therefore, the most likely AVAX price forecast is bullish, with the next target being at $43.75 — the extreme overshoot level. 



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