The cryptocurrency market has seen a flurry of activity in the last 12 hours, with notable developments in various projects and exchanges. From new listings on Coinbase and Binance to partnerships and upgrades, Layergg has shared the most important happenings.
What you'll learn 👉
Coinbase and Binance Announcements
Coinbase International has announced the listing of $ORDI and $WLD perpetual futures, set to go live on April 11. Meanwhile, Binance has launched the $SAGA Launchpool, which began on April 5.
Altlayer and CyberConnect Partnerships
Altlayer ($ALT) has teamed up with Xterio, with the possibility of an $XTER airdrop for $ALT stakers. CyberConnect ($CYBER) has joined forces with Space ID to launch two rounds of ecosystem airdrops, with $ID tokens being airdropped to $CYBER stakers.
Ethena Labs and Fantom Updates
Ethena Labs ($ENA) has included Bitcoin as a USDe backing asset, and starting tomorrow, the dashboards will reflect the BTC backing positions. Fantom ($FTM) plans to introduce its stablecoin, $USDC.e, on April 5.
Lido and Lisk Developments
Lido’s ($LDO) Ethereum staking market share has dipped below 30%. Lisk ($LSK) has revealed its token migration plan, with a snapshot scheduled for May, following the launch of the Lisk L2 Developer Mainnet.
Manta Network and Mina Protocol News
Manta Network ($MANTA) has announced AI development on the Manta Pacific platform. Mina Protocol ($MINA) is set to upgrade its devnet on April 9, marking the final phase of the Berkeley Upgrade mainnet.
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Show more +Origin Protocol and Pendle Milestones
Origin Protocol ($OGN) has unveiled a new product called ARM, with OETH and other LSTs/LRTs set to launch soon. Pendle ($PENDLE) has reached $4 billion in TVL and $10 billion in trading volume, possibly due to the restaking and Ethena effect.
RSS3 and Google Cloud Partnership
RSS3 has partnered with Google Cloud to help enable the Open Information Layer, marking a significant collaboration between the two entities.
Ripple and Zeus Network Updates
Ripple ($XRP) plans to release a stablecoin pegged to the U.S. dollar, while Zeus Network ($ZEUS) has been listed on OKX and is being mentioned to Key Opinion Leaders (KOLs) like @Rewkang and @MacnBTC.
Sony Bank Stablecoin Experiment
In other news, Sony Bank has officially begun a proof-of-concept experiment for issuing a stablecoin tied to fiat currency on April 5.
Bitcoin Price Action
According to Eric Balchunas, the vast majority of the 40% gains in Bitcoin since the ETF launch have occurred after hours, with huge price gaps forming between the close and open.
The crypto market continues to witness rapid developments, with partnerships, listings, and upgrades driving the growth of various projects. As the space matures, it is essential for investors and enthusiasts to stay informed about the latest trends and news to make well-informed decisions.
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