TL;DR Shibarium has processed over 800M transactions, while the network wallets are beyond two million. Previously, it launched updates for faster blocks and token burning. SHIB’s oversold levels and reduced selling pressure hint at potential recovery despite recent underperformance. Shibarium Keeps Advancing Shiba Inu’s ecosystem expanded substantially in August 2023 when the layer-2 scaling solution – Shibarium – officially saw the light of day . The protocol’s primary goals are to reduce transaction costs, enhance scalability, and improve speed. During its relatively short existence, Shibarium hit numerous milestones, showcasing its rapid progress. Most recently, the number of total transactions processed on the network surpassed 800 million. Other Shibarium-related metrics have also surged lately. The total number of wallet addresses crossed two million, whereas total blocks are inching away from the nine million mark. Over the past several months, Shibarium underwent important developments, such as launching a new user interface (UI) update that improves compatibility with popular self-custody wallets. It also introduced an update through a hard fork to implement quicker block processing times and adopted a burning mechanism. The latter differs from the original program but has the same goal : to reduce the tremendous supply of Shiba Inu tokens, thus potentially making them more valuable (assuming demand doesn’t head south). SHIB Price Outlook Shibarium’s progress is often touted as one of the elements that could contribute to a SHIB rally. However, the price of the meme coin has underperformed, dropping by 1.5% on a 24-hour scale. SHIB Price, Source: CoinGecko This contrasts the overall resurgence of the cryptocurrency market, where Bitcoin (BTC) briefly exceeded $97,000, while Ripple (XRP) reached a seven-year high of almost $2.90. On the other hand, some factors suggest that SHIB could soon catch up with the rest of the sector. For instance, the Relative Strength Index (RSI) recently plunged below the bullish zone of 30. This indicates that the asset is oversold and undervalued and could present a buying opportunity. SHIB’s exchange netflow is also worth mentioning. Over the last seven days, outflows have significantly surpassed inflows (according to CryptoQuant’s data), signaling a shift from centralized platforms toward private wallets. This could be considered bullish since it reduces the immediate selling pressure. The post Shiba Inu’s Shibarium Blasts Through Another Huge Milestone appeared first on CryptoPotato .
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Democratizing Global Asset Purchase and Management—the Karpous Vision
Karpous is a groundbreaking centralized DeFi (cDe-Fi) platform aimed at revolutionizing the global asset investment landscape by removing the tokenization aspect of real-world assets (RWAs). It opens up new avenues for commercial assets, enabling clients to connect with scalable and secure solutions through a sophisticated decentralized financial system. Introduced in the fourth quarter of 2024, Karpous provides high-net-worth individuals with a secure and regulation-compliant environment, making it easy to explore international investment opportunities. The team is currently conducting an extensive closed alpha phase to pinpoint issues, gather feedback, and implement necessary modifications. This testing phase is crucial for enhancing the platform`s infrastructure and ensuring top-notch security. The closed alpha release from Karpous is a precursor to the eagerly awaited open alpha launch set for the second quarter of 2025, which will bring full-scale integration of cutting-edge Web3 products. Revolutionizing the Asset Investment and Management Industry Karpous is transforming the global asset investment and management market by overcoming existing obstacles. It merges the reliability of centralized systems with the security of decentralized wallets to create a sustainable platform that benefits from both. This user-friendly setup combines the ease of traditional finance with the decentralized ownership of assets and security keys. Over the years, regulatory compliance has emerged as a major concern for the crypto industry. The situation is similar for RWAs, where the complexities of Know-Your-Customer (KYC) and Anti-Money Laundering (AML) requirements have hindered global adoption. Karpous tackles these issues by removing the tokenization aspect of RWAs. This innovative model also addresses smaller persistent problems like asset classification and smart contract legality, reshaping legal processes and democratizing global investment access. Karpous’ new framework caters to the needs of all investors—both institutional and retail—empowering them to invest in a wide range of globally accessible assets without bureaucratic obstacles. “At Karpous, we believe real-world asset investment should be simple, inclusive, and community-driven. By removing the need for tokenization, we’re creating a regulation-friendly ecosystem that empowers users to take charge as asset managers, owners, and investors, unlocking opportunities for everyone,” the CEO highlights the platform’s unwavering commitment to providing access to investment opportunities absent of compliance concerns. Karpous aspires to be more than just a passive investment platform by encouraging active participation and offering a secure environment for all RWA and investment management stakeholders. Key Features of Karpous The Karpous team blends innovation with user-focused designs to deliver features that distinguish this pioneering cDe-Fi marketplace from its competitors. Highlighted features include: 1. Karpous operates a community-governed ecosystem via the KarpousDAO protocol, allowing users to vote on policies, contribute to projects, and approve asset listings. 2. An innovative staking model designed to reward active users stands out as a unique feature. 3. Access to a wide range of assets without tokenization. Investors can explore numerous investment opportunities with significant returns without being hampered by regulatory hurdles. 4. Investment pools are crafted to encourage active collaboration between asset managers and investors. 5. Early adopters of the platform are not overlooked; up to 35% of the total Karpous token supply is set aside to reward early supporters, offering them generous investment opportunities. Transforming Governance with AI-Driven Decentralization The core of Karpous` revolutionary platform is KarpousDAO, a decentralized governance model driven by community input and enhanced with state-of-the-art AI. KarpousDAO allows users to shape the platform’s future, from voting on asset listings to formulating policies that define global investment prospects. This decentralized strategy ensures inclusivity, transparency, and fairness for everyone involved in the Karpous ecosystem. What differentiates KarpousDAO is its incorporation of AI agents that improve decision-making. These AI tools evaluate platform metrics, financial performance, and community sentiment, providing insights that refine governance processes. Whether it involves prioritizing proposals or assessing asset quality, AI ensures decisions align with the platform’s mission to democratize global investments and promote long-term sustainability. The CEO commented on the distinct nature of KarpousDAO, stating, “KarpousDAO is more than a governance protocol—it’s a collaborative force that puts users at the forefront of innovation. By integrating AI and decentralized decision-making, we’re building a truly user-driven ecosystem where opportunities are not just accessed but created.” Through KarpousDAO, users transition from passive observers to active architects of the platform’s development, making it a crucial element in Karpous’ ambition to democratize real-world asset investments globally. With the RWA market expected to reach $16 trillion by 2030, Karpous establishes itself as a leader in this evolving market by addressing persistent challenges, introducing innovative features, and enhancing global accessibility. It lays the groundwork for the expansion of a globally accessible financial system. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. Crypto Potato
Tron’s USDD 2.0 Promises 20% APY Amid Community Skepticism and Past Failures
Justin Sun recently unveiled the launch of USDD 2.0, a new version of Tron’s stablecoin, promising investors a lucrative 20% APY subsidized by Tron’s reserves. The crypto community approaches this Crypto Potato