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- LayerZero Foundation launched a $110M buyback of 50M ZRO tokens from early backers, merging Stargate’s STG into ZRO at 1:0.08634 to consolidate cross-chain infrastructure. - The 88.6% approved plan outpaced Wormhole’s $120M bid, triggering ZRO’s 20% price surge as Stargate’s $20M+ annual revenue now fuels buybacks. - STG holders criticized the undervalued swap ratio, while LayerZero’s Wyoming FRNT partnership aims to expand ZRO’s utility via institutional adoption. - Risks include a $46M token unlock in
Quick Take Summary is AI generated, newsroom reviewed. Cardano (ADA) could potentially reach a $200 billion market cap, implying a roughly 6x increase from the current $30.5 billion. The post cites a textbook U-pattern (rounded bottom) in ADA’s chart, a bullish reversal indicator in technical analysis. Current ADA price: $0.85, with circulating supply of ~35.83 billion ADA; a 6x surge would price ADA around $5.11–$5.58. Historical context: ADA’s all-time high was $3.10 in January 2022; surpassing this woul
In a digital landscape increasingly dominated by monolithic tech giants, a quiet revolution may be underway. Bless Network, a self-proclaimed “shared computer,” has officially launched its mainnet, as announced on Sept. 23, 2025. The new protocol allows anyone to contribute their spare computing power and earn cryptocurrency in return. Bless aims to challenge the traditional
21Shares has listed its Dogecoin ETF on DTCC, offering exposure to Dogecoin without owning the cryptocurrency directly.
