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WORLD3's WAI token secures major CEX listings after highly successful TGE
GameFi Guides

WORLD3’s WAI token secures major CEX listings after highly successful TGE

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WORLD3, a newly launched project offering Web3-native AI agents, is gaining serious traction after a successful TGE on Binance Alpha. The project has secured multiple CEX listings, and its token WAI appears to be gearing up for another surge.

Summary

  • WORLD3 offers 24/7 Web3-native AI agents that analyze real-time on-chain data and suggest personalized Web3 strategies, from play-to-earn games to yield opportunities.
  • WORLD3’s native token launched its TGE on Binance Alpha on August 12 and has since secured listings on multiple major centralized exchanges.

WORLD3’s native token WAI is gaining traction following its highly successful TGE on Binance Alpha and listings on multiple major exchanges, including Kucoin, Gate, MEXC, and Bitget.

WORLD3’s WAI token went live for trading on August 12, reaching an intraday high of $0.057—an increase of 185% from its opening price of $0.02. Unlike most launches that peak on the first day and then fade, WAI’s upward momentum continued post-launch, reaching a new high of $0.071 on August 19, representing a 255% gain from the launch price.

At press time, WAI is trading at $0.04580, up 7% over the past 24 hours, as bearish momentum from the earlier pullback subsides and the MACD shows signs of turning bullish. The RSI is at 52 and climbing, suggesting the token may be gearing up for another surge.

Source: TradingView

WORLD3: Automating your Web3 adventure with AI Agents

WORLD3 (WAI) offers a suite of Web3-native agents that operate 24/7 in a dedicated VM, helping users navigate the complex Web3 ecosystem. Unlike traditional tools that simply scrape data, WORLD3 agents can understand the Web3 world, which allows them to analyze real-time on-chain data and generate personalized strategies for users.

For example, WORLD3’s Web3 advisor agent can recommend profitable P2E games and provide step-by-step tutorials. Their agents can also identify optimal yield opportunities for digital assets, helping users to make the most of their crypto holdings. Additional use cases are showcased in the demo video.



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Cardano’s Token Finds Support as Charles Hoskinson Talks Markets, Network's Future
Crypto Trends

Cardano’s Token Finds Support as Charles Hoskinson Talks Markets, Network’s Future

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Cardano’s ADA token fell 3% over the past 24 hours, currently trading at $0.87 after a volatile session that saw the token swing over 10% in value overnight.

The price action followed a Friday night AMA (Ask Me Anything) with Cardano co-founder Charles Hoskinson, who expressed long-term optimism for Cardano’s prospects, pointing to the upcoming Midnight Network — an initiative aimed at improving data privacy on the blockchain—as a major unlock for activity.

He noted that incorporating bitcoin BTC$110,074.45 into the Cardano ecosystem could expand its use cases and investor appeal.

Hoskinson also discussed the market’s macro events and catalysts during his AMA. He said he expects two potential catalysts to shape crypto markets in the coming months: a likely interest rate cut by the Federal Reserve in September and the possible passage of the Digital Asset Market Clarity Act (CLARITY).

ADA’s price action

Overnight from Sunday to Monday, ADA began trading near $0.901 before surging to an intraday high of $0.963 on a spike in volume, with 333.34 million tokens exchanged during the rally, according to CoinDesk Research’s data. But that momentum reversed.

ADA dropped nearly 10% to a session low of $0.862 before stabilizing around current levels. Support emerged around $0.856, a level where buyers stepped in at above-average volumes, the data showed.

ADA’s Volatility spiked to 10.48% over the session, reflecting shifting market sentiment and heightened sensitivity to macroeconomic cues. The move coincided with the broader market as bitcoin price fell sharply on Sunday after a large whale dumped the digital assets. The broader market gauge, CoinDesk 20 Index, also fell more than 3%.

While ADA is still up 125% from a year ago, the token is down more than 70% from its all-time high of $2.90, reached in August 2021.

For now, though, ADA and the broader crypto market may remain range-bound as institutional investors and retail traders alike watch how regulators and central banks shape the next phase of the crypto cycle.

Read more: Here Is Why Bitcoin’s Flash Crash May Signal Altcoin Season



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Weekly Wrap Yzy Token Frenzy, Ethereum’s Prosperous Rally, Gemini Ipo Buzz, And More
GameFi Guides

YZY Token Frenzy, Ethereum’s Prosperous Rally, Gemini IPO Buzz, and More

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The last week in the cryptocurrency world has been nothing short of electrifying, with a whirlwind of developments shaping the market landscape. While the Jackson Hole meeting pumped the markets, the uncertainties around upcoming rate cuts left investors confused. Here is the compilation of top stories, news and updates of last week to catch-up with, ahead of the beginning of the last week of this August. 

Top Headlines from the Past Week

Kanye West’s YZY Token 

The YZY token, launched by Kanye West on August 20, ignited a whirlwind of excitement in the crypto world. Debuting with an explosive $3 billion market cap within just 40 minutes and reaching a high of $3.16, the token quickly plummeted by 74% to $0.66, showcasing the volatile nature of celebrity-backed tokens. This rapid rise and fall sparked intense debate, with analysts pointing to the token’s centralized structure—87% of its supply controlled by a single wallet—as a red flag for potential manipulation and liquidity issues. 

Ethereum’s Continues to Outshine

Ethereum (ETH) has continued the rally to outshine its cryptocurrency peers, hitting a new all-time high of $4,953 on Sunday, according to CoinMarketCap data. This surge, marked a 12% increase over the past seven days, reflects growing institutional adoption for ETH with its solidifying dominance as the second-largest cryptocurrency. 

Gemini IPO Buzz 

Gemini, the U.S.-based cryptocurrency exchange, is making headlines as it prepares for a highly anticipated IPO, positioning itself as the third crypto exchange to go public after Coinbase and Bullish. In a latest update, Ripple has stepped in to support Gemini’s IPO ambitions by providing a $75 million credit line to bolster its financial stability and liquidity ahead of the public offering. This strategic partnership, detailed in Gemini’s updated filing, aims to counterbalance the reported losses and enhance its competitive edge against rivals like Kraken and Anchorage Digital, which are also eyeing IPOs in 2025. 

SBI Shaping Japan’s Crypto Economy

SBI Holdings is cementing its role as a trailblazer in Japan’s emerging crypto industry through a series of strategic moves. Last week, the financial conglomerate formed a joint venture with Circle and Ripple to advance the adoption of stablecoins (USDC and RLUSD). In a bold step forward, SBI Holdings is also set to launch an on-chain tokenized stock trading platform in partnership with Startale Group, announced on August 22. This platform promises round-the-clock trading of tokenized stocks and real-world assets, addressing gaps in traditional markets with features like faster cross-border settlements and fractional ownership. 

Binance’s BNB Hits New High

The native cryptocurrency of Binance ecosystem, BNB soared to a new all-time high of $899.70 on August 23, as reported by CoinMarketCap. This surge underscores growing interest in Binance’s existing market dominance as a leading crypto exchange. Being a cornerstone of its ecosystem, BNB caught the attention of investors who believe that Binance will keep dominating the space in this bullish timeline. 

News You Might Have Missed

Top Highlight

On August 18, a swing trader made headlines by selling 2,277 Ethereum (ETH) worth $9.57 million at $4,203 per ETH amid a market downturn, locking in a substantial $4.04 million profit despite experiencing significant on-chain slippage.

This move, debated as either a panic sell or a strategic exit, highlights the volatility and risk inherent in crypto trading, with slippage—where executed prices deviate from expected ones due to rapid market shifts—playing a key role. 

What to Expect for This Week?

For the week of August 25–29, 2025, several microeconomic factors and major events are poised to influence the cryptocurrency landscape. The Federal Reserve’s Jackson Hole Symposium (August 21–23) aftermath, with Fed Chair Jerome Powell’s speech, continues to drive sentiment, as markets await clarity on interest rate policies amid mixed U.S. economic data. However, leading cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and others have further entered an even more volatile phase so this week will mark a significant impact on the crypto markets.



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Jamie Crawley
Crypto Trends

Liquid Staking on Bitcoin Gains Momentum With Lombard’s $BARD Token

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For most of its history, bitcoin has been prized as digital gold: an asset to hold rather than use. That passivity has left trillions of dollars’ worth of BTC sitting idle in wallets, disconnected from the yield strategies and composability that define decentralized finance (DeFi).

The rise of liquid staking tokens promises to change that, positioning bitcoin not only as a store of value but as a productive asset integrated into onchain capital markets.

Liquid staking refers to the process of uses offering their crypto to help secure a network, and receive a liquid, tradable token in return that represents their staked assets and can be used across DeFi while the original tokens continue earning staking rewards.

Lombard Finance has emerged as one of the prominent projects in bitcoin liquid staking. Its flagship product, LBTC, is a yield-bearing token backed 1:1 by BTC.

When BTC is deposited into the Lombard protocol, the underlying coins are staked, primarily via Babylon, a protocol enabling trustless, self-custodial bitcoin staking. Users receive LBTC in return, which can be deployed across DeFi ecosystems while the original Bitcoin earns staking rewards.

This dual functionality is key. Holders can keep exposure to bitcoin while using LBTC in lending, borrowing, and liquidity provision across protocols such as Aave, Morpho, Pendle, and Ether.fi. Designed for interoperability, LBTC moves across Ethereum, Base, BNB Chain, and other networks, preventing liquidity fragmentation and ensuring bitcoin can participate in a multi-chain DeFi environment.

A market potentially worth billions

By mobilizing BTC’s dormant liquidity, Lombard and other liquid staking projects aim to provide the infrastructure for Bitcoin DeFi, channeling the asset’s vast market cap into onchain capital markets.

This effort mirrors Ethereum’s own transformation through liquid staking derivatives, but with the potential to unlock a deeper pool of value given bitcoin’s scale.

To contextualize the difference in scale, Ethereum’s liquid staking market, led by Lido’s stETH, boasts a market cap of approximately $38 billion. In contrast, the entire bitcoin LST sector is still nascent, with total market capitalization around $2.5 billion. Lombard’s LBTC alone accounts for roughly $1.4 billion of that, or around 40% of the bitcoin LST market.

Lombard’s BARD

Building on that foundation, Lombard this week announced the creation of the Liquid Bitcoin Foundation and its native $BARD token, alongside a $6.75 million community sale.

The Foundation will act as an independent steward of the protocol, funding research, grants, and education, while establishing governance frameworks to preserve neutrality. $BARD will serve as the utility and governance token of the ecosystem, giving holders the ability to stake to secure Lombard’s core infrastructure, vote on proposals, and gain access to new products.

Jacob Phillips, Lombard’s co-founder, described the community sale as “an invitation to over 260,000 LBTC holders and others in the Bitcoin ecosystem to help shape the future of bitcoin onchain.” Erick Zhang, founder of Buidlpad who will host the sale, added that Lombard is “a pioneer unlocking bitcoin’s full potential as digital gold and a foundation for next-gen capital markets.”



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VanEck Files to Launch Staked Solana (SOL) ETF Backed by Liquid Staking Token JitoSOL
GameFi Guides

VanEck Files to Launch Staked Solana (SOL) ETF Backed by Liquid Staking Token JitoSOL

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Asset manager VanEck has filed to launch a staked solana SOL$199.71 exchange-traded fund (ETF), signaling continued interest in bringing blockchain-native yield-bearing assets to traditional investment rails.

The application, submitted Friday as an S-1 registration with the U.S. Securities and Exchange Commission (SEC), is the first of two filings required to list the fund. If approved, the ETF would hold JitoSOL, a liquid staking token native to the Solana blockchain. JitoSOL reflects ownership of SOL tokens that have been staked and also accrues the staking rewards earned by those tokens.

Unlike traditional ETFs, this product would not just track the price of SOL but also the income generated by staking — effectively baking Solana’s yield into a publicly traded product.

The SEC has been in ongoing discussions with ETF providers, including VanEck, about whether staking components can be integrated into existing and proposed crypto investment funds.

Regulatory bottlenecks

Speaking at an industry panel in Jackson Hole earlier this week, SEC Chair Paul Atkins said the Commission is looking to clear regulatory bottlenecks that slow innovation.

“There’s a lot of spring cleaning that needs to be done at the SEC,” he said. “We cannot have things so abstruse that lawyers can’t give opinions to clients.”

Atkins said the agency’s future rules should be flexible and designed to evolve. He added that the SEC wants to continue its legacy of adapting to new technologies, hinting at a more open stance toward crypto asset products like liquid staking ETFs.

VanEck joins a number of asset managers looking to launch a staked solana fund, including Fidelity, Grayscale and Franklin Templeton.



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Chainlink's LINK Rallies 12% to New 2025 High Amid Token Buyback, Broader Crypto Rally
Crypto Trends

Chainlink's LINK Rallies 12% to New 2025 High Amid Token Buyback, Broader Crypto Rally

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Oracle network Chainlink's (LINK) native token sharply rebounded with the broader crypto market following Federal Reserve Chair Jerome Powell's dovish remarks in Jackson Hole, Wyoming.

LINK rallied 12% over the past 24 hours, hitting $27.8, its strongest price since December. Bitcoin (BTC) appreciated 3.5% during the same period, while the broad-market CoinDesk 20 index jumped 6.5%.

In protocol-specific news, Chainlink obtained two major security certifications this week: ISO 27001 and a SOC 2 Type 1 attestation, marking a first for a blockchain oracle platform. The audits, carried out by Deloitte, covered Chainlink’s price feeds, proof-of-reserve services and the Cross-Chain Interoperability Protocol (CCIP).

The oracle provider says the move strengthens trust in its data services and can bolster adoption among banks, asset issuers and decentralized finance protocols.

Further supporting the rally, the Chainlink Reserve, which periodically purchases LINK tokens on the open market using protocol revenues, bought 41,000 tokens on Thursday, worth roughly $1 million at that time. That brought total holdings to 150,778 tokens, around $4.1 million at current prices.

Technical analysis
  • Support Levels: Substantial defense established at $24.15 with high-volume confirmation, according to CoinDesk Research's technical analysis data.
  • Resistance Penetration: Systematic advancement through $25.00, $25.50, and $26.00 levels with volume validation from institutional participants.
  • Trading Volume Analysis: Exceptional 12.84 million volume surge during breakout phase, representing five times the 24-hour average of 2.44 million units.
  • Consolidation Patterns: Extended tight range consolidation around $24.70-$25.10 preceding explosive institutional-driven breakout.
  • Momentum Indicators: Sustained upward trajectory with measured advance characteristics and institutional accumulation signals from corporate treasury operations.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.



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Kanye West Launches Yzy Token, Sparks Trend Across Crypto Industry
GameFi Guides

Kanye West Launches YZY Token, Sparks Trend Across Crypto Industry

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Popular rapper Kanye West has launched a new memecoin called YZY earlier today and it has taken over the crypto industry by a storm. Deployed on Solana, YZY token is currently talk of the town with the rapper describing project as the start of a “new economy, built on chain.”

The launch drew swift attention from investors with YZY’s valuation climbing as high as $3.2 billion at its peak before cooling to around $1.3 billion. These sharp moves showed how quickly celebrity-backed tokens can rise and fall.

Source: X

Building a New Economy with YZY Money

YZY token is positioned as the base of YZY Money project. Its ecosystem includes Ye Pay, a crypto payment service, and YZY Card, a global spending tool that works with both YZY and USD Coin. The project calls itself the start of “a new economy” built on-chain. It focuses on payments, commerce, and wider use of digital assets.

The token will be shared through public allocations and liquidity reserves. A portion is locked in long-term vesting under Yeezy Investments LLC to show commitment and transparency. Its vesting is carried out on-chain through Jupiter Lock, an audited protocol on Solana.

The launch also introduced an anti-sniping method, with the team deployed 25 contract addresses and picked one at random as the official YZY token. It was meant to block bots and give retail buyers a fair chance. 

Suspicious Trading Movements on YZY Meme Coin

Analysts at Lookonchain highlighted wallets that seemed to know the real contract in advance. One wallet bought YZY before launch and later sold most of its holdings for a profit of more than $1.5 million, raising doubts about equal access.

YZY can be traded on Meteora on Solana. Early trading showed sharp price swings, underlining both excitement and risk. YZY shows how a celebrity launch can draw instant market attention. Its lasting value, however, will depend on Ye’s ability to deliver real payment and commerce tools beyond the early hype.

Also Read: Sonic Labs Proposes Token Issuance to Enter U.S. TradFi Markets



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NFT Gaming

Kanye West Launches Token on Solana in Frenzied Debut

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In brief

  • YZY surged to a multibillion-dollar valuation within an hour of launch before tumbling.
  • The token is framed as part of a broader “YZY Money” payments ecosystem.
  • On-chain data shows 70% of supply sits in a single wallet, raising centralization concerns.

Hip-hop artist Kanye West has made his first direct move into crypto with YZY, a Solana-based token promoted late Wednesday night on his verified X account.

“A new economy, built on chain,” West’s account posted on the social media platform, describing the project. A video of West confirming “the official Yeezy token” drop was released an hour later.

West has spoken about Bitcoin before and once sued to shut down the unauthorized “Coinye” token.YZY is the first coin he has formally launched under his own name and brand. Earlier in March, West pivoted to crypto and teased the possibility of dropping a meme coin.



His announcement has triggered a buying surge that quickly pushed the coin’s market capitalization to more than $3 billion less than an hour after it went live, before drastically dropping to less than $1 billion, according to on-chain data from Birdeye.

While YZY is clocking a 375% rise over the last 24 hours, the token is down more than 34% in the past hour to $0.99, data shows.

The token was quickly listed on platforms including CoinMarketCap and Bitget, with Poloniex announcing support shortly after. 

Trading volumes on Solana decentralized exchanges spiked, cementing YZY as one of the largest and most visible celebrity-linked coins to debut yet, eclipsing that of other launches such as TRUMP, MOTHER, and LIBRA.

Framed as part of a broader “YZY Money” ecosystem, its website describes the token as part of “a new financial system, built on crypto rails,” with YZY positioned as the native cryptocurrency of a broader ecosystem.

The website describes YZY as more than a meme coin and goes on to describe Ye Pay, a proposed payment processor aimed at reducing merchant fees, and the YZY Card, pitched as a global spending tool for YZY and USDC.

The project claims the token would support loyalty programs, retail use, and peer-to-peer transfers, but no timeline or technical details were provided.

While the site disclosed the Solana contract address and liquidity pool, questions remain about governance, compliance, and whether these features will be delivered.

West’s representatives under the Yeezy brand did not immediately return Decrypt’s request for comments on those aspects.

Bubblemaps data shows a single wallet controls about 70% of the token’s total one-billion supply, with public allocations reported at just 20% and the remainder vested under Yeezy Investments LLC, spurring concerns over centralization risks.

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Sonic Labs Proposes Token Issuance To Enter U.s. Tradfi Markets
Crypto Trends

Sonic Labs Proposes Token Issuance to Enter U.S. TradFi Markets

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Sonic Labs is moving to expand $S into U.S. traditional finance, aiming for ETFs, ETPs, and NASDAQ PIPE structures. The proposal, announced via X, targets institutional adoption and a stronger U.S. presence. 

This project is set to be led by Sonic USA LLC, which will bring on a CEO and put together a team based in the U.S. to tackle market and regulatory opportunities. 

To ensure swift strategic moves, the proposal also rolls out updated tokenomics. The plan includes launching new tokens to support a $100 million NASDAQ PIPE, a $50 million ETF allocation, and 150 million $S tokens for Sonic USA’s operations. 

Right now, Sonic Labs is at a bit of a disadvantage since it only holds a small fraction of its initial allocation. Other L1 chains hold onto 50–90% of tokens, allowing for quick collaborations and increased market visibility for strategic reasons.  

Strategic Goals and Token Usage

Sonic is set to fund three projects with this issuance’s tokens. To kick things off, they’ll partner with BitGo to ensure secure custody and work with an ETF provider for tracking $S in ETP/ETF products. This initial phase will provide liquidity support and ensure everything meets institutional-grade compliance.

Moreover, Sonic’s financial strategy will be bolstered by NASDAQ PIPE allocations, paving the way for long-term treasury inclusion and open market acquisitions.

Sonic USA LLC also plans to bring in new leadership, establish an office in New York City, and push for regulatory harmonization to drive domestic growth. Plus, every token transaction will be transparently recorded on-chain.

The plan also includes updates to the gas fee structure. Ninety percent of FeeM transactions are directed to builders, while five percent goes to validators, and the remaining five percent is set to be burned. For non-FeeM transactions, half will be allocated to validators, and the other half will be burned.

These changes aim to reduce net inflation, create a deflationary atmosphere, and boost the value of the $S. 

Through modernizing its tokenomics and expanding into the U.S. market, Sonic could enhance its competitive edge. With the issuance of strategic reserves, Sonic can become more agile in seizing opportunities in traditional finance, improve its visibility on platforms like CoinMarketCap and CoinGecko, and encourage wider adoption.

Also Read: Kraken Expands xStocks to Tron, Boosting Access and DeFi Trading



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