For the past few months, stablecoins have yielded the spotlight to their more speculative counterparts, including tokens inspired by politicians. However, recent on-chain data suggests that stablecoins are back and have surpassed the $200 billion market cap. Related Reading: XRP $10 Price Tag Hinges On SEC Lawsuit Conclusion, Analyst Says According to the data shared by Alphractal, the segment’s capitalization has surged to $211 billion, a record high, thanks to months of stable growth, which started in mid-2023. Stablecoins‘ market capitalization grew by 73% from its August 2023 value of $121 billion, updated data released on January 31st show. The primary driver of this segment’s growth is still Tether’s USDT, however, USDC has been gaining ground recently, which is fascinating. ???? Stablecoin Market Cap Surpasses $211B – USDC Gains Momentum! Since 2023, the stablecoin market has grown significantly, mainly driven by USDT (Tether). However, recently, USDC has been gaining an edge over other stablecoins. This trend is occurring due to the recent drop in… pic.twitter.com/IRKrQErmCE — Alphractal (@Alphractal) January 31, 2025 Tether’s USDT Remains Primary Driver Of Growth Since 2023, the stablecoin market has grown steady, mostly due to Tether’s USDT. As of now, stablecoins are worth $223 billion, which is a 0.2% increase from yesterday. Interestingly, USDT and USDC are the present growth drivers of stablecoins. Apart from the numbers from both coins, the stablecoins group hasn’t changed much since 2023 and has shown steady and average values. Right now, Tether’s USDT is valued at almost $140 billion, and USDC is at $53 billion. USDC Slowly Gains Ground On Other Coins Alphractal’s post on Twitter/X shows that USDC has been gaining ground over other stablecoins in the market. According to the post, this is happening due to a drop in altcoin prices and since a substantial part of the sell-offs have been swapped into USDC. The post also showed that USDC’s dominance in this segment has hit a key resistance level, the same amount observed in 2021. This was the start of the bear market in 2022 when Bitcoin’s price dropped to as low as $15,500. If this metric persists, it can serve as the market’s bearish signal, impacting investors’ buying decisions. However, if this metric declines, it can be USDC’s jumping board to claim new highs. Related Reading: 21Shares Bets On Polkadot, Files For Spot ETF With SEC What To Expect From The Stablecoins Segment In The Short-Term In the last bull run, USDC’s supply increased in May, then reached its high in March 2022. The stablecoin’s market cap increased by 170% from April 2021 to March 2022. If the current coin supply continues to grow but price starts to dip, then the stablecoin market may hit its peak in a few months. Traditionally, a rising market cap for stablecoins reflects growing investors’ confidence, which signals an increase in capital inflows. On the contrary, a rising stablecoin market cap is usually associated with growing investor conviction, signaling the potential for boosted capital inflows. This suggests that the bullish momentum could continue for a few more months. Featured image from Gemini Imagen, chart from TradingView
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Cardano (ADA) Proof of Stake Tech Outdated by Remittix Cross-Border Payment Structures
The post Cardano (ADA) Proof of Stake Tech Outdated by Remittix Cross-Border Payment Structures appeared first on Coinpedia Fintech News Long hailed for its proof of stake method, Cardano (ADA) is facing competition from newer technologies as the crypto space develops. One such invention is Remittix’s payment system, which enables smooth crypto-to-FIAT conversions and is intended to transform cross-border transactions. Although ADA’s scalability strategy has advantages, its technology is not being widely adopted. ADA’s outdated technology finds it difficult to meet the rapid needs of international finance. Cardano’s Proof of Stake Flaws In an effort to outperform Bitcoin’s proof of work in terms of energy efficiency, Cardano unveiled one of the first widely used proof of stake systems. Nevertheless, despite its continued security and decentralization, it has serious problems with adoption, transaction speed, and practical utility. Because of the sluggish network improvement procedure, ADA finds it challenging to meet changing financial requirements. Furthermore, centralization issues have arisen as a result of Cardano’s reliance on staking pools, where major stakeholders control a sizable chunk of the network. This begs the question of whether the decentralization promise of ADA’s concept is actually realized. Furthermore, even after years of development, ADA has yet to get widespread acceptance in the financial markets, which reduces its usefulness for actual payments. This indicates unequivocally that ADA outdated tech is starting to act more as a hindrance than a benefit. Why Remittix’s Payment System Is the Future Unlike Cardano, Remittix’s payment system is designed to address one of the main issues in cryptocurrency: turning digital assets into FIAT and facilitating smooth international transactions. Remittix is intended for practical adoption, enabling users to make and receive FIAT payments straight from crypto wallets, in contrast to ADA, which concentrates on theoretical developments. Remittix’s capacity to interface with current financial institutions is one of its greatest features, which makes it a competitive alternative to conventional remittance services. Remittix is building a bridge between the crypto world and FIAT banking systems, in contrast to Cardano (ADA), which has trouble implementing in the real world. Remittix is positioned as a game changer since it provides quick, affordable international payments without the inefficiencies of more established blockchain networks. The Remittix Advantage: Scalability, Adoption & Presale Opportunity Although ADA’s outdated technology still prevents it from being widely used, Remittix (RTX) is adopting a different strategy by emphasizing integration, scalability, and usability. Due to its potential to upend the payment industry, investors have already shown a great deal of interest in its presale stage. With a $36 million fundraising goal, Remittix is demonstrating that there is a significant market for its product and that early investors will profit from its expansion. In addition to payments, Remittix (RTX) is establishing itself as a leading PayFi network and going up against established platforms such as Stripe and Wise. Remittix is designed for widespread use, enabling companies and individuals to quickly and simply convert cryptocurrency into FIAT with cheap costs, in contrast to Cardano, which depends on its sluggish environment. Why Investors Should Consider Remittix Over ADA Despite being a legacy blockchain, Cardano’s proof of stake methodology lacks the practicality and effectiveness needed for contemporary payment systems. Platforms that address real-world issues should attract investors looking for the next great thing. Due to its high-speed transaction design, Remittix’s payment system is more appealing than more established blockchain networks like Cardano. Remittix is also designed with security and transparency in mind, guaranteeing adherence to international laws. Remittix has positioned itself as a workable, real-world solution for cryptocurrency payments, in contrast to ADA, which still has scaling problems. With an environment made for both individual users and companies, Remittix presents a strong case against antiquated blockchain approaches. Outdated approaches like Cardano’s proof of stake are being challenged by more effective alternatives as the crypto industry develops. Remittix’s payment system is providing practical answers, whereas ADA’s outdated technology is finding it difficult to meet the demands of contemporary finance. With its strong market positioning and smooth crypto-to-FIAT capabilities, Remittix is poised to revolutionize digital payments. Be a part of the next huge revolution in crypto money by investing now in the presale. Become a Part of the Remittix Movement Now: Website : https://remittix.io/ Socials : https://linktr.ee/remittix NewsBTC
Solana Created Millionaires—These 4 Altcoins Could Do It Again
Solana’s incredible rise turned early investors into millionaires, capturing global attention. Now, four emerging altcoins are showing signs of similar explosive growth. Could these digital assets replicate Solana’s success? This article explores these promising cryptocurrencies that might offer substantial returns to those who recognize their potential early on. XYZ: The Next Meme Coin Champion Ready to Dominate 2025 The game is on, and XYZ is here to generate record profits with unstoppable momentum! This sensational all-sports meme token is poised to become the next big thing in 2025, capturing the attention of both crypto enthusiasts and sports fans worldwide. As it charges ahead, XYZ is set to deliver jaw-dropping gains, leaving the likes of BOME and WIF far behind. With eyes on a staggering 7,400% growth , XYZ is ready to claim the meme coin crown in the 2025 crypto bull marathon! Rule the game, cash in as the bets roll in XYZ is the star player in XYZVerse – an award-winning meme coin project that blends the sports thrill and meme culture. This community-centered ecosystem is the perfect playground for crypto degens and sports fans alike. Think back to Polymarket’s $1 billion trading volume during the US elections betting frenzy, and now, picture that on steroids with XYZVerse. With millions of sport bettors getting ready to jump in the action, opportunities for early investors in XYZ are really huge! XYZ is currently undervalued , and with major listings on the way, presale participants stand to secure life-changing gains. >>>Be Part of the 2025 Breakout Story—XYZ Is Waiting for You! Kaspa: The High-Speed Crypto Aiming to Break Barriers Kaspa is a new cryptocurrency that’s all about speed and efficiency. Unlike other cryptocurrencies, Kaspa doesn’t waste blocks that are created at the same time. Instead, it lets them all exist together and puts them in order. This is possible because Kaspa uses a special method that makes its blockchain more like a web than a chain. With this approach, Kaspa can have many more blocks created every second, making transactions faster and more secure. With goals of reaching 10 blocks per second, and even dreaming of 100, Kaspa is pushing the limits of what’s possible in crypto. Its rapid block times mean confirmation times are as quick as your internet connection. Features like easy ways to check the network and plans for supporting extra layers make Kaspa stand out. In a market where speed and the ability to handle more transactions are big challenges, Kaspa’s technology and ambitions make it an attractive option. Compared to older coins that struggle with slow speeds, Kaspa could be a game-changer in the current market cycle. VeChain’s VET: Revolutionizing Supply Chains with Blockchain Imagine tracking your favorite products from their origin to your doorstep with complete transparency. VeChain, a blockchain platform specializing in smart contract solutions, is making this a reality. Its native token, VET, ranks among the top 40 by market cap, showing its strong presence in the crypto world. VeChain stands out by assigning unique IDs and sensors to physical products. This allows detailed tracking through the supply chain, enhancing authenticity checks and recall management. Industries like luxury fashion, groceries, and automotive are already benefiting from this innovation. Founded by Sunny Lu in 2015, VeChain moved to its own blockchain, VeChainThor, in 2018. This introduced a dual-token system: VET for value transfer and VTHO for transaction fees. VeChain uses a proof of authority mechanism, which boosts transaction speed and reliability. Partnerships with giants like PricewaterhouseCoopers, Walmart China, and BMW highlight its practical uses and growing ecosystem. As blockchain solutions gain traction across industries, VeChain’s real-world utility and expanding collaborations make it a standout player in the current market. Its focus on transparency and efficiency positions it well for wider adoption. NEAR Protocol: Paving the Way for Scalable Decentralized Applications NEAR Protocol is a platform designed to make it easy for developers to build and launch decentralized applications. It uses sharding to increase efficiency and scalability, allowing the network to handle more transactions at once. Similar to centralized data storage systems but decentralized, NEAR aims to provide a user-friendly environment for developers and users. Founded by Alex Skidanov and Illia Polosukhin, the project has gained significant support, raising over $20 million from major venture capital firms. Key features include Nightshade, a sharding solution that enhances scalability; the Rainbow Bridge, which allows token transfers from Ethereum; and Aurora, a Layer 2 solution leveraging Ethereum’s technology for better performance and lower fees. With its focus on scalability and developer friendliness, NEAR Protocol positions itself as a strong contender in the blockchain space. Nightshade addresses common scalability issues faced by other platforms, potentially making NEAR more efficient as demand grows. Integration with Ethereum through the Rainbow Bridge and Aurora allows for interoperability and access to Ethereum’s ecosystem, which could attract more developers and users. In the current market cycle, where scalability and low fees are important, NEAR’s technology may offer advantages over other platforms. As blockchain adoption rises, platforms that handle increased loads while maintaining speed and low costs may see growing interest. Conclusion KAS, VET, and NEAR have potential, but XYZVerse (XYZ) unites sports fans in a memecoin aiming for 20,000% growth with a community-driven ecosystem. You can find more information about XYZVerse (XYZ) here: Site , Telegram , X Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . NewsBTC