Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Solana News Today: "FIGHT Token Soars by $183M, Marking the Rise of a Sports Ecosystem Driven by Fans"

Solana News Today: "FIGHT Token Soars by $183M, Marking the Rise of a Sports Ecosystem Driven by Fans"

Bitget-RWA2025/10/31 13:02
By:Bitget-RWA

- FIGHT token's $183M presale on Solana exceeds $1.5M target by 12,000%, driven by Holoworld's 1% token allocation and 500K+ UFC-linked registrations. - Fight Foundation's ecosystem combines DeFi mechanics with UFC integration, using Fight.ID's verified digital identities to enable fan rewards and governance participation. - Tokenomics prioritize community incentives (57%) over investors, leveraging Solana's low-cost blockchain to address crypto volatility concerns through utility-driven value. - Project f

The FIGHT token, a leading Web3 asset for combat sports created by the Fight Foundation and FightFi, has far exceeded expectations by raising $183 million—an increase of more than 12,000% over its $1.5 million goal, according to a

. This remarkable surge in interest highlights the rising demand for blockchain-powered fan engagement in the sports sector, establishing FIGHT as a standout initiative at the crossroads of DeFi and combat sports communities.

This achievement follows a highly successful first phase on BSC, where $15 million was raised—twenty times the original target—before moving to

for the second phase, as reported by FinanceFeeds. Holoworld, which hosted the Solana token distribution, distributed 1% of the total FIGHT token supply to participants, providing benefits such as rewards, merchandise, and involvement in community projects. More than 500,000 users have already signed up through Fight.ID, an official UFC partner, indicating widespread acceptance of tokenized sports platforms.

The Fight Foundation’s roadmap is focused on turning passive viewers into active contributors. The ecosystem features FightHub (a platform for fan and athlete interaction), Prize Fight (a rewards pool based on performance), and Fight Gear (exclusive merchandise for token owners). At the core is Fight.ID, a verified digital identity system that lets users earn Fighting Points (FP), collect NFTs, and participate in governance decisions.

The project’s partnership with UFC has significantly boosted its profile. Fight.ID’s integration into UFC events, including visibility inside the Octagon, has provided ongoing exposure, while Solana’s fast and cost-effective blockchain enables scalable, real-time engagement. A Fight Foundation representative stated, "The level of demand has been incredible—fans worldwide are eager for a new, interactive, and rewarding sports experience," as highlighted by FinanceFeeds.

The tokenomics of FIGHT add to its attractiveness. With a maximum supply of 10 billion tokens, the allocation favors community rewards (57%), investors (17.5%), and liquidity (6.5%), according to

. This approach, together with Solana’s energy-efficient technology, addresses typical concerns about speculative token launches, CoinDesk reported.

Nonetheless, the project must navigate challenges common to highly anticipated crypto launches. Recent offerings like Plasma’s XPL have experienced significant price swings, with XPL dropping over 80% in just a month, a trend noted by CoinDesk. FIGHT’s team recognizes these risks and stresses the importance of transparency and lasting utility to help maintain value, as reported by FinanceFeeds.

With development progressing, FIGHT is preparing for its public token launch and the rollout of its ecosystem, including upcoming announcements about exchange listings and staking options, according to FinanceFeeds. The project’s achievements mirror larger movements in Web3 adoption, such as growing institutional interest in Solana, which has been strengthened by the recent introduction of U.S. spot ETFs that attracted $37 million in early investments, as reported by

.

For those investing, FIGHT offers more than just a sports token; it serves as a model for decentralized fan ownership. By combining DeFi features with real-world sporting events, it is reshaping loyalty, engagement, and value creation in a sector ready for transformation, FinanceFeeds concluded.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Algo Falls 52.41% Over the Past Year Due to Market Slump and Absence of Key Drivers

- ALGO plummeted 52.41% in 12 months, with 10.26% monthly decline amid prolonged bearish trend. - Lack of on-chain/off-chain catalysts isolates ALGO from biotech/energy news or macroeconomic events. - Technical indicators show sustained downtrend across timeframes, lacking bullish divergences or breakouts. - Backtest hypothesis suggests 10% 30-day drop could trigger short-term reversal with on-chain activity surge.

Bitget-RWA2025/11/04 05:32

ZEC has surged by 737.28% since the start of the year, fueled by Q4 roadmap updates and advancements in privacy technology.

- Zcash (ZEC) surged 737.28% YTD as Electric Coin Company (ECC) unveiled its Q4 2025 roadmap prioritizing privacy enhancements and usability improvements. - Key initiatives include ephemeral addresses for cross-chain privacy, integrated with Multichain SDK to simplify transactions for users and developers. - ECC plans to upgrade Zashi wallet with faster transactions, improved UI, and hardware wallet compatibility while expanding onboarding resources and developer tools. - The roadmap emphasizes optimizing

Bitget-RWA2025/11/04 05:32

DASH jumps 19.85% in one day after DoorDash initiates emergency food relief program

- DASH surged 19.85% in 24 hours as DoorDash launched an Emergency Food Response program, pledging 1 million free meals and fee waivers for SNAP recipients. - The initiative, partnering with 20+ retailers/food banks, addresses food insecurity during a federal government shutdown halting SNAP payments. - While not directly boosting core growth metrics, the program enhanced brand perception and showcased scalable infrastructure capabilities. - Backtesting shows DASH outperformed S&P 500 by +11.6% in 30-day w

Bitget-RWA2025/11/04 05:32

Crypto’s Embrace Economy: $HUGS Token Blends Sentimentality With Lucrative DeFi Returns

- Milk Mocha's $HUGS token merges cartoon bear nostalgia with DeFi, offering 50% APY staking and NFT-linked rewards. - The presale sold out in 48 hours, featuring no lock-in periods and a burn-to-upgrade mechanism to boost scarcity. - NFT holders gain metaverse access, merchandise priority, and DAO voting rights, while charity pools fund verified causes. - Deflationary tokenomics with presale burns and 40-stage pricing aim to balance speculation with structured value growth. - Analysts highlight $HUGS' hyb

Bitget-RWA2025/11/04 05:16
Crypto’s Embrace Economy: $HUGS Token Blends Sentimentality With Lucrative DeFi Returns