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Dominates

DX Terminal Tops NFT Sales Count in September as Base Dominates Top 10

by admin September 30, 2025

Ethereum layer-2 network Base’s non-fungible token (NFT) ecosystem took center stage in September, recording the highest sales count among collections, according to DappRadar data.

NFTs on Base captured five of the top 10 spots by sales count in September, with DX Terminal and BasePaint securing the first and second ranks. The strong showing highlighted Base’s rapid ascent as a hub for experimental NFT projects, edging into territory long dominated by Ethereum and Polygon.

Despite a surge in sales of Base NFTs, DappRadar data showed that trading volumes remained concentrated on Polygon and Ethereum collections. Polygon-based Courtyard led the month with $43.9 million, while Ethereum-based Moonbirds and CryptoPunks followed with $34 million and $25.8 million, respectively.

Meanwhile, Base’s DX Terminal took the number four spot in trading volume with $25.5 million, showcasing a nearly 1,700% surge, according to DappRadar.

The top seven NFT collections by sales count in September. Source: DappRadar

AI NFTs take center stage in September

DX Terminal stood out as the driving force behind Base’s rise in the NFT charts. The project recorded 1.27 million sales, an over 1,000% increase compared to the previous month. It also had over 200,000 traders transacting with the NFTs in September.

DX Terminal trading statistics. Source: DappRadar

The project introduces a gaming format where NFTs act as AI-powered trader agents inside a retro-futuristic market simulation. Each NFT represents an autonomous character with distinct traits and behaviors. These characters compete to amass in-game wealth and status while reacting to player prompts, rival firms and non-playable characters.

Unlike traditional NFT games offering play-to-earn (P2E) mechanics, DX Terminal doesn’t offer direct token rewards or any real-world payouts. While the game has in-game tokens, they are not tied to real-world monetary value.

In May, DX Terminal said that its in-game native currency, WEBCOIN, existed offchain and was internally managed.

“The in-game currency holds no real-world value, and any external tokens claiming affiliation are unofficial,” the team said.

Related: Early Hyperliquid user sells airdropped Hypurr NFT for $467K

Gaming NFTs defy broader market downturn

Among the top 10 NFTs by trading volume, only DX Terminal and Immutable’s Guild of Guardians Heroes NFTs, tied to a role-playing game (RPG), posted gains in September.

DappRadar data showed that blue-chip collections such as CryptoPunks, Pudgy Penguins and the Bored Ape Yacht Club (BAYC) saw trading volumes drop by about 50% to 60% over the past month.

Even Courtyard and Moonbirds, which ranked first and second by trading volume during the month, posted declines of around 25% and 13.6%, respectively.

Magazine: ‘Help! My robot vac is stealing my Bitcoin’: When smart devices attack

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September 30, 2025 0 comments

GameFi Guides

Risk-Off Sentiment Dominates Ahead of PCE Release

by admin September 26, 2025

The crypto market is a sea of red, with the CoinDesk 20 Index down 5% in 24 hours and all members lower.

Most major tokens continue to see capital outflows from futures market and persistent bias for protection against declines in the form of put options tied to BTC$109,018.03 and ETH$3,885.66 on Deribit.

Friday’s U.S. core PCE, the Fed’s preferred measure of inflation, will be closely watched for signs of a tariff-led resurgence in price pressures in the economy. A hotter-than-expected print could add to volatility in financial markets.

Token Talk

By Francisco Rodrigues

Plasma, a new blockchain purpose-built for stablecoins, launched its mainnet beta and native token XPL on Thursday, debuting with a fully diluted valuation that’s now above $12 billion.
The layer-1 network, backed by Bitfinex, Bybit, Tether CEO Paolo Ardoino and tech billionaire Peter Thiel, entered the market with over $2 billion worth of XPL tokens in circulation.
Built for high-speed, low-fee stablecoin operations, Plasma aims to serve as the back end for a new class of DeFi applications. At launch, liquidity was already deployed across major platforms including Aave, Ethereum, Euler and Fluid.
These include Plasma One, which is billed as a “stablecoin-native neobank.”
Some tokens sold to U.S. investors are locked until mid-2026 due to regulatory restrictions, which may lower the effective float in early trading.

Derivatives Positioning

By Omkar Godbole

Most major tokens, including BTC and ETH continued to experience capital outflows from futures market, leading to a decline in the notional open interest (OI).
That’s only to be expected as the market soon shakes out overleveraged bets.
Notably, the BTC and ETH OI have continued to decline in the past couple of hours, raising questions about the sustainability of the minor price recovery.
Smaller coins like KAS and KCS have seen a moderate increase in OI in the past 24 hours.
Volume in crypto perpetuals listed on Aster DEX has surged to over $46 billion in the past 24 hours, significantly higher than Hyperliquid’s $17 billion.
On the CME, BTC futures OI has almost reversed the early September spike from 134K BTC to 149K BTC, representing renewed capital outflows. On the other hand, OI in options continues to rise, approaching the November 2024 high of 56.19K BTC.
Positioning in ETH futures and options remains elevated on Deribit, with an annualized three-month basis at 7%, a significantly lower yield than SOL’s 15%.
BTC, ETH options risk reversals continue to lean bearish out to the December expiry, data from Deribit show. In SOL and XRP’s case, pricing is biased bullish for the year-end expiry

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September 26, 2025 0 comments

Crypto Trends

BlackRock Dominates With $260M Crypto ETF Revenue, Outpaces Rivals

by admin September 24, 2025

In less than two years, BlackRock has established its Bitcoin and Ethereum exchange-traded funds (ETFs) as a multi-million-dollar business line. According to data shared by Leon Waidmann, research director at the Onchain Foundation, the firm’s crypto ETF business generates $260 million in annualized revenue, comprising $218 million from Bitcoin ETFs and $42 million from Ethereum products.

BlackRock has quietly built a crypto empire!👇

In less than 2 ye,ars their Bitcoin and Ethereum ETFs are generating over $260M in annual revenue.

🔸 $218M from Bitcoin
🔸 $42M from Ethereum

That’s a quarter-billion-dollar business, built almost overnight. For comparison, many… pic.twitter.com/NuhZnlMMAS

— Leon Waidmann 🔥 (@LeonWaidmann) September 23, 2025

Blockchain analytics platform Dune, corroborates the firm’s dominance, reporting that BlackRock has close to $85 billion in assets under management (AUM), representing over 57% of the U.S. spot Bitcoin ETF market. Fidelity’s ETF takes in $22.8 billion, capturing only 15.34% of the market.

BlackRock’s dominance is reinforced by consistent ETF flows. According to Farside, IBIT has attracted over $60B and ETHA $13B since launch. On September 22nd, IBIT flows were flat while ETHA saw a $15.1M outflow. Even with daily fluctuations, BlackRock’s market share remains unchallenged.

Institutional Benchmark and Market Impact

BlackRock’s release of the size of revenue represents a significant change. Cryptocurrency ETFs are no longer a novelty. They are core profit generators for those in asset management and investment management. To put it in perspective, many fintech unicorns take ten years to generate a similar amount of revenue.

Waidmann argued that such profitability could be a jumping point for pension plans, sovereign funds, and insurance companies, pushing the TradFi to see a digital asset as a legitimate business line rather than as a novel opportunity.

BlackRock’s large market share might demonstrate to other financial platforms that regulated crypto ETFs can be profitable revenue streams as well as prudent and long-term value to traditional long-established institutional portfolios.

Looking Ahead: Beyond ETFs

At the start of the month, we reported that BlackRock is in fact exploring tokenized ETFs shortly after the success of their Bitcoin fund. If their existing products can generate $260M annually, tokenization would drive further profitability while creating access to even more investors across global markets.

This trajectory also establishes BlackRock as the leader in crypto ETFs, and perhaps a model for introducing digital assets into traditional finance.

The implications are obvious: crypto has transitioned from being a speculative asset class to being a mainstream revenue producer at the heart of global finance.

BlackRock’s crypto ETFs now play the role of a profitability benchmark for institutions across the globe. Their leadership shows that digital assets are no longer on the fringes of the financial world but are entrenched in mainstream institutional strategy.

As the ETFs open the door, the next stage of BlackRock’s approach could move to tokenized funds and/or broader digital asset participation, changing the way traditional finance intersects with crypto in the coming years.

Also Read: Maple Finance Hits $4B AUM, Overtakes BlackRock’s BUIDL

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September 24, 2025 0 comments

GameFi Guides

Solana Dominates Crypto Token Launches, 85,000,000 Assets Registered

by admin September 17, 2025

The Solana blockchain has become the top destination for token launches in the cryptocurrency space. In a recent update shared by Solana, the network currently has the majority of token creations happening in its ecosystem. Solana alone has 85 million tokens on its blockchain.

Why developers prefer Solana over Ethereum

This figure is significant considering that there are 100 million tokens in total on major crypto networks. That is, across some of the big blockchain platforms in the industry, like Ethereum, Avalanche, Arbitrum and Base, developers have created 100 million different tokens. These include meme coins, stablecoins, LP tokens, project tokens and more.

Community reacts to Solana’s token explosion

In the broader cryptocurrency community, some users have taken a swipe at the numbers and dominance of Solana.

AlloyX Limited dominates with $350m deal

by admin September 7, 2025

Crypto venture funding surged past $700 million last week, driven by a blockbuster $350 million M&A deal and a wave of AI- and infrastructure-focused projects.

From Aug. 31 to Sept. 6, 13 crypto ventures collectively raised $709.6 million, with AlloyX Limited’s M&A transaction leading the pack. Infrastructure platforms and AI-powered startups, including Kite AI, Aria Protocol, and Everlyn, dominated funding rounds, highlighting investors’ growing appetite for scalable blockchain solutions and artificial intelligence applications.

Summary

Crypto VC funding hit $709.6m across 13 projects from Aug 31–Sept 6.
AlloyX’s $350m M&A deal was the largest, driving infrastructure growth.
AI-focused projects like Kite AI, Aria Protocol, and Everlyn raised capital.

Here’s a detailed breakdown of this week’s crypto funding developments as per Crypto Fundraising data:

AlloyX Limited

Raised $350 million through M&A
AlloyX is a payment infrastructure and stablecoin platform

Etherealize

Etherealize, an institutional business development firm, secured $40 million in an unknown round
Investors include Electric Capital, Paradigm, and Vitalik Buterin

Utila

Utila, a non-custodial wallet platform, now has $22 million in a Series A round ($51.5 million total)
It’s backed by Redstone Venture Capital, Nyca Partners, and Wing VC

🚀 Big News: Utila Secures $22M Series A Extension! 🚀

We’re thrilled to announce that Utila has raised an additional $22 million in Series A extension funding, bringing our total Series A to $40 million and nearly tripling our valuation in just six months.

This extension… pic.twitter.com/xwFyyv04aE

— Utila (@utila_io) September 3, 2025

Kite AI

Kite AI, an EVM-compatible Layer 1 blockchain, gathered $18 million in a Series A round
Investors include Immersion Ventures, General Catalyst, and 8VC

Aria Protocol

Aria Protocol raised $15 million in a Seed round
Polychain Capital, Neoclassic, and Story Protocol took part in the fundraise

Everlyn

Everlyn secured $15 million from Mysten Labs, Selini, and Nesa
The startup has a fully diluted valuation of $250 million

We’ve raised $15M to date to build the future of cinematic, on-chain video. 🌀

Today, we’re thrilled to welcome @Mysten_Labs, creators of Sui, as investors in Everlyn joining its $250M valuation round.

They join a strong lineup: powerhouse investors like Baseline (Emirates),… pic.twitter.com/12IRjl6Khw

— Everlyn (@Everlyn_ai) August 31, 2025

Projects > $15 Million

RISC Zero (Boundless), $13.7 million in a Public sale with $290 million fully diluted valuation
Tangany, $11.64 million in a Series A round
Plural, $7.13 million in a Seed round
Kea, $7 million in a Seed round with $47 million fully diluted valuation
Reflect, $3.75 million in a Seed round
Wildcat Labs, $3.5 million in a Seed round
Maiga AI, $2 million in a Strategic round

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September 7, 2025 0 comments

Esports

Nolan McLean dominates Tigers, makes Mets history with 4-0 start

by admin September 3, 2025

DETROIT — Rookie Nolan McLean continued his brilliant start to his MLB career, retiring his final 14 batters Tuesday night to lead the Mets to a 12-5 victory over the Detroit Tigers.

McLean became the first Mets pitcher to go 4-0 in his first four starts, and just the first pitcher in the majors to do so since Chase Anderson, who started 5-0 with the Arizona Diamondbacks in 2014.

After a rocky first inning, McLean finished with seven strikeouts while giving up two runs on three hits and three walks. He is the first pitcher to win his first four career starts while allowing two or fewer runs in each start since Jered Weaver, who did it in his first seven starts for the Los Angeles Angels in 2006.

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“Another impressive outing for him,” manager Carlos Mendoza said. “We all saw how in that first inning, especially the sweeper and the curveball … he didn’t have command of those pitches. A couple of walks, and they got him with a couple of singles there. That’s what you call pitching. Understanding that you have to make adjustments and find a way to get through five or six innings, and he was able to do that.”

Mendoza added: “Another really good sign for a kid that is just making his fourth start at the big league level.”

McLean’s 28 strikeouts through his first four starts ranks second in Mets history behind only Nolan Ryan (29).

Mets first baseman Pete Alonso, who homered twice Tuesday night, said McLean’s work ethic has a lot to do with the incredible start to his career.

“I know everyone’s going to be talking about all the great stuff he’s doing on the field, which is for sure warranted, but how he’s going about his business, the day to day, it’s super impressive,” Alonso said.

“And that’s the reason why he’s able to do what he’s been able to do on the field. … He’s been a pro since he’s come up, and there’s no shock and awe for why he’s found his success.”

Juan Soto and Luis Torrens also homered for the Mets, who won the series opener 10-8 on Monday. New York moved five games ahead of Cincinnati for the final National League wild card.

The American League Central-leading Tigers have lost seven of nine.

Alonso’s first homer was a 435-foot drive in the first inning that landed between the first and second row of shrubs behind the center-field wall. Soto and Alonso hit back-to-back solo shots in a six-run seventh that gave the Mets a 12-2 cushion.

Soto has 37 home runs in his first season with New York, including five homers in the past five games. Alonso’s second homer was his 33rd of the year.

Jeff McNeil drove in three runs and finished with three of New York’s 17 hits. Brandon Nimmo and Brett Baty also had three hits for the Mets.

Information from The Associated Press and ESPN Research was used in this report.

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September 3, 2025 0 comments

NFT Gaming

Bitcoin ETFs Positive Again, But Ethereum Still Dominates

by admin September 2, 2025

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

Data shows the Bitcoin spot exchange-traded funds (ETFs) are back to positive days, but Ethereum funds are still leading the market.

Bitcoin Spot ETFs Saw 3,018 BTC In Net Inflows Last Week

In a new post on X, analytics firm Glassnode has talked about the latest trend in the weekly inflows related to the US BTC spot ETFs. The “spot ETFs” refer to investment vehicles trading on traditional platforms that allow investors to gain indirect exposure to an underlying asset like Bitcoin or Ethereum.

In the case of cryptocurrencies, the main appeal of the spot ETFs is that they provide a regulated off-chain route into them. This means that investors who aren’t familiar with digital asset wallets and exchanges can also conveniently invest into the space.

While demand for Bitcoin spot ETFs was strong earlier, it has been more mixed lately. Below is a chart shared by Glassnode that shows the trend in the weekly netflow for these investment vehicles over the last few months.

The value of the metric appears to have turned positive in the past week | Source: Glassnode on X

As displayed in the above graph, the US Bitcoin spot ETFs observed significant net inflows between April and July, but then a shift occurred as outflows started taking place instead.

Before this past week, BTC saw outflows in three out of the previous four weeks. While the netflow has switched back to positive in the last week, its value has only been a modest 3,018 BTC ($329 million at the current exchange rate).

That said, the return to green has come alongside a decline in the cryptocurrency’s price, so even the small inflows are a positive indication of institutional demand for BTC. The coin that has seen more notable interest, however, has been Ethereum, the digital asset ranked second by market cap.

The trend in the US spot ETF netflow for ETH | Source: Glassnode on X

From the chart, it’s apparent that the US Ethereum spot ETFs saw negative flows in the previous week, but just like with Bitcoin, the latest week brought back inflows.

Unlike BTC, however, the outflows were an exception to the trend for ETH; the cryptocurrency’s funds were on a 14-week net inflow streak before the the wave of negative flows.

Some of the spikes witnessed during the streak were also quite massive, indicating that institutional entities have been making notable bets on the asset. The latest positive netflow spike has also been significant, with 286,000 ETH (worth about $1.2 billion right now) pouring into the wallets attached to the spot ETFs.

BTC Price

Bitcoin has been facing bearish winds since setting its new all-time high earlier in the month that have taken its price to the $109,200 level.

Looks like the price of the coin has been on the way down in the past few days | Source: BTCUSDT on TradingView

Featured image from Dall-E, Glassnode.com, chart from TradingView.com

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September 2, 2025 0 comments