Hours – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sat, 13 Sep 2025 11:03:04 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Hours – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Gemini shares hit $40 within hours of Nasdaq debut, showcasing Wall Street’s crypto appetite https://earlybirdsinvest.com/gemini-shares-hit-40-within-hours-of-nasdaq-debut-showcasing-wall-streets-crypto-appetite/ https://earlybirdsinvest.com/gemini-shares-hit-40-within-hours-of-nasdaq-debut-showcasing-wall-streets-crypto-appetite/#respond Sat, 13 Sep 2025 11:03:04 +0000 https://earlybirdsinvest.com/gemini-shares-hit-40-within-hours-of-nasdaq-debut-showcasing-wall-streets-crypto-appetite/

Gemini made a strong entrance on Wall Street on Sept. 12, with its stock price surging over 50% within the intial hours of their first day of trading on the Nasdaq.

The stock, listed under the symbol GEMI, opened at $28 per share and quickly advanced in the opening hours.

Prices briefly touched $40 before settling near $33 by midafternoon, leaving Gemini with a market capitalization of roughly $1.3 billion, according to Yahoo Finance.

The closing price represented a gain of about 24% from its offering level.

Strong debut

Gemini raised approximately $425 million by selling 15.2 million shares. The final offer price exceeded both its original range of $17 to $19 per share and a later revision that set expectations between $24 and $26.

Following a few weeks of rumors, the exchange filed its registration statement with the Securities and Exchange Commission on Sept. 2 and reached the public market just 10 days later, reflecting investor demand for digital asset exposure.

While not among the largest exchanges by trading activity, Gemini has built a reputation in the U.S. for emphasizing compliance and security. Trading on its platform accelerated in the days before the IPO.

Wave of crypto listings

The debut adds to a string of successful crypto-linked listings in 2025. Stablecoin operator Circle launched on the New York Stock Exchange earlier this year, with shares climbing from a $31 debut price to above $60, valuing the firm at more than $33 billion.

Blockchain financial firm Figure Technology Solutions also completed its IPO this week, notching a 24% first-day jump followed by additional gains.

Taken together, the listings highlight a resurgence of Wall Street interest in digital-asset equities, with investors seeking exposure to crypto companies after years of market volatility.

Mentioned in this article
]]> https://earlybirdsinvest.com/gemini-shares-hit-40-within-hours-of-nasdaq-debut-showcasing-wall-streets-crypto-appetite/feed/ 0 58216 Crypto Market Prediction: XRP's Massive $3 Test in 24 Hours, Shiba Inu (SHIB) Destroyed Bears at $0.000013, Bitcoin's (BTC) Key $150,000 Rally Chances https://earlybirdsinvest.com/crypto-market-prediction-xrps-massive-3-test-in-24-hours-shiba-inu-shib-destroyed-bears-at-0-000013-bitcoins-btc-key-150000-rally-chances/ https://earlybirdsinvest.com/crypto-market-prediction-xrps-massive-3-test-in-24-hours-shiba-inu-shib-destroyed-bears-at-0-000013-bitcoins-btc-key-150000-rally-chances/#respond Fri, 12 Sep 2025 05:21:47 +0000 https://earlybirdsinvest.com/crypto-market-prediction-xrps-massive-3-test-in-24-hours-shiba-inu-shib-destroyed-bears-at-0-000013-bitcoins-btc-key-150000-rally-chances/

While the market had a decent chance for a solid recovery, which we highlighted in our previous crypto market prediction, we are seeing signs that hint at the problematic state of the current rally. However, in the case where Bitcoin breaks through around $115,000, the acceleration would be imminent even on Sept. 12.

Shiba Inu’s bullish approach

Shiba Inu is stabilizing around $0.000013, and it is starting to exhibit technical dominance. SHIB is now taking back key moving averages after months of sideways consolidation and unsuccessful breakout attempts, setting itself up for possible growth in the near future.

SHIB has successfully broken through its 50-day Exponential Moving Average (EMA) on the daily chart, a technical milestone that frequently denotes a change in momentum from bearish to bullish. Throughout SHIB’s downward trend, the 50 EMA has continuously served as resistance, making this move noteworthy. Traders are starting to see this as a structural shift in market sentiment, now that the token is trading above it.

Article image
SHIB/USDT Chart by TradingView

With rising volume and a strengthening Relative Strength Index (RSI), which is currently hovering just below overbought levels, the current price action indicates that SHIB is beginning to form a gradual uptrend. This shows that, although there are no immediate signs of exhaustion, buying interest is growing.

The next resistance levels to keep an eye on, if momentum keeps up, are the 200-day EMA at about $0.000014, and the $0.000015 zone, which has historically been a region with a lot of liquidity.

Looking at it more broadly, SHIB’s dominance is psychological as well as technical. Retaining price stability above the $0.000013 threshold boosts holders’ confidence, which lowers panic-selling and promotes accumulation. Given its ability to withstand market volatility, the token is becoming more and more significant in the meme-coin ecosystem, where it is still vying for market share with Dogecoin.

But caution is still required. Even though the 50 EMA breakthrough is a positive sign, SHIB still has to contend with longer-term resistance lines that might halt its upward trend if market sentiment declines. Investors ought to keep an eye on SHIB’s ability to maintain its position above the 50 EMA and progressively test higher moving averages.

XRP approaches key level

A critical test that could determine XRP’s short-term course is approaching at $3.00. As momentum builds toward a potential breakout attempt within the next day, the asset has been consolidating below a descending trendline. Just below the crucial psychological and technical barrier at $3.00, XRP is currently trading at about $2.99 on the daily chart.

Bullish sentiment has been strengthened by the recent rally, which has been bolstered by robust buying volume and a recovery above the 50-day and 100-day EMAs. The 200-day EMA and the descending resistance trendline, however, are convergent around the $3 area, making it a difficult obstacle to overcome.

You Might Also Like

Title news

In the short term, if XRP is able to break through $3 with convincing volume, it may lead to a surge of buying momentum that pushes the asset toward $3.30 to $3.50. This would confirm the bullish outlook for the upcoming weeks by clearly reversing the trend from its most recent corrective phase.

But if $3 is not broken, there may be rejection and a decline toward $2.80 or even $2.70, where the 100-day EMA offers support. This situation would prolong the consolidation phase by indicating that bulls are not yet powerful enough to overcome resistance.

The next day is important for investors. Rejection could result in another period of range-bound trading, while a confirmed breakout above $3 would suggest the possible beginning of a larger rally. Increased volume and momentum shifts around the $3 mark are indicators that traders should keep an eye out for, because they will shed light on XRP’s immediate trajectory.

Bitcoin’s steady rise

Bitcoin is stabilizing close to the $114,000 mark, laying the groundwork for what may be a rally toward the much-awaited $150,000 mark.

Bitcoin has successfully surpassed its 50-day Exponential Moving Average (EMA), which is frequently regarded as a turning point for momentum, following weeks of consolidation and testing lower supports. During corrective phases of recent market cycles, the 50 EMA has proven to be a dependable resistance barrier. Bitcoin’s recovery of this level suggests that there may be a change from short-term pessimism to fresh bullish sentiment. Because the 50 EMA breakout has historically preceded robust price recoveries, traders frequently see this as the first confirmation of a structural rebound.

You Might Also Like

Title news

Buying activity is steadily rising, and volume patterns are supporting the breakout. Although it is still below overbought levels, the Relative Strength Index (RSI) is rising at the same time, suggesting that there is still potential for more upside without any immediate signs of exhaustion. If momentum continues, the next crucial resistance levels are located between $118,000 and $120,000, which is where liquidity has traditionally gathered.

Generally, the market is looking positive, but numerous reversal signals are there, so becoming euphoric too early is certainly not the call here. Staying put at around local resistance and awaiting breakthroughs on altcoins would be the only sign of a continuation at around this level.

]]> https://earlybirdsinvest.com/crypto-market-prediction-xrps-massive-3-test-in-24-hours-shiba-inu-shib-destroyed-bears-at-0-000013-bitcoins-btc-key-150000-rally-chances/feed/ 0 58013 Altcoins lead crash as $751M liquidated in last 24 hours as Bitcoin falls to July low https://earlybirdsinvest.com/altcoins-lead-crash-as-751m-liquidated-in-last-24-hours-as-bitcoin-falls-to-july-low/ https://earlybirdsinvest.com/altcoins-lead-crash-as-751m-liquidated-in-last-24-hours-as-bitcoin-falls-to-july-low/#respond Fri, 01 Aug 2025 09:31:53 +0000 https://earlybirdsinvest.com/altcoins-lead-crash-as-751m-liquidated-in-last-24-hours-as-bitcoin-falls-to-july-low/

Bitcoin fell below $115,000 on August 1, reaching its lowest level since July 11 after a sustained period of volatility. The drop marked a retracement from the asset’s July 14 peak, when it hit an all-time high of $123,000. The retreat to $114,000 punctuates a 7% pullback from the July high and reflects the broader instability characterizing the crypto market’s late July performance.

The early July period had been marked by aggressive upward momentum. Between July 10 and 11, Bitcoin surged from $110,000 to $118,000 in under 24 hours. That spike represented a 7.2% single-day jump, coinciding with a rush of leveraged short liquidations across derivatives markets and fueling speculation around increased institutional interest.

Following the July 11 surge, BTC rallied further and recorded its all-time high of $123,000 on July 14. However, that level proved to be a temporary ceiling. Despite multiple consolidation attempts above $118,000 throughout the second half of July, Bitcoin repeatedly failed to regain bullish momentum.

This plateau phase saw intraday fluctuations compress into a narrowing range, indicating weakening buying pressure. Per CryptoSlate’s earlier reporting, some traders attributed the stall to profit-taking from early entrants and cautious positioning ahead of the FOMC’s inflation guidance this week, which held rates at 4.4%.

Bitcoin price (Source: TradingView)
Bitcoin price (Source: TradingView)

The correction that followed today was exacerbated by over-leveraged positioning in perpetual contracts.

According to liquidation data, more than $705 million in long positions were wiped out across major exchanges in the past 24 hours, with Binance and Bybit accounting for over 67% of the total.

Crypto liquidations (Source: Coinglass)
Crypto liquidations (Source: Coinglass)

These liquidations coincided with Bitcoin’s slide below $115,000, accelerating downside momentum and pushing the price to levels not seen since the July 10 rally. Market data also shows that more than $12 million in BTC-specific liquidations occurred in the past hour alone, further confirming cascading leverage unwinds.

Despite the sell-off, Bitcoin’s price is still up over 8% since the start of July. Should BTC break below the $113,500-$114,000 support region, there’s a risk of a revisit to early July consolidation zones near $110,000. On-chain metrics, including declining active addresses and dropping exchange outflows, have also supported a short-term bearish outlook, according to data from Glassnode.

Bitcoin active addresses (Source: Glassnode)
Bitcoin active addresses (Source: Glassnode)

The broader altcoin market mirrored Bitcoin’s losses. Ethereum dropped 6.4% to $3,611, while Solana and XRP fell over 7% each in the same 24-hour window. Market-wide long liquidations amounted to over $680 million, accounting for more than 93% of total liquidations, illustrating an overwhelmingly long-heavy derivatives landscape prior to the correction. This uneven leverage skew likely contributed to the sharp cascade, as high beta assets amplified losses amid falling BTC prices.

However, it is also possible that Bitcoin followed altcoins for once, with overleveraged alts retracing after July’s ‘alt season’ rally.

Bitcoin’s drop to $114,000 caused a drop in the fear and greed index, with the metric falling to ‘neutral’ after a period of ‘greed’.

Fear and greed (Source: CoinMarketCap)
Fear and greed (Source: CoinMarketCap)

Though the recent decline has rattled short-term sentiment, BTC’s price remains well above its June consolidation range near $100,000 and its 4-month low of $74,000, reflecting a longer-term bullish structure despite the current turbulence.

Mentioned in this article
]]> https://earlybirdsinvest.com/altcoins-lead-crash-as-751m-liquidated-in-last-24-hours-as-bitcoin-falls-to-july-low/feed/ 0 50839 Hyperlane Hyperpark Lipto surges by 50% in 48 hours: Is $1 next? https://earlybirdsinvest.com/hyperlane-hyperpark-lipto-surges-by-50-in-48-hours-is-1-next/ https://earlybirdsinvest.com/hyperlane-hyperpark-lipto-surges-by-50-in-48-hours-is-1-next/#respond Fri, 25 Jul 2025 23:07:29 +0000 https://earlybirdsinvest.com/hyperlane-hyperpark-lipto-surges-by-50-in-48-hours-is-1-next/

Hyper-cipher is bullish, adding 50% in 48 hours. Will the token reach $1 when the Bulls take charge? Hyperlane releases Warp Routes 2.0 to enhance the appeal of interoperability.

The crypto market is discovering value for around $4 trillion. Investors are rapidly seeking part as Bitcoin struggles to infringe $120,000 and Ethereum is surged The best cipher to buy.

Of the over 17,700 coins and tokens listed on Coingecko, Hyperlane has been trending towards recent trading days. Its native token, Hyper, is trading near the highest ever high, and momentum is steadily building.

Discover: 9+ Best High Risk, High Reward Crypto Buy in 2025

Hyper-crypto surges by 50% over two days: Is $1 next?

The past two days Hyper6 ▲15.54% Cryptography surged more than 50% before integration, as expected from volatile tokens. Despite the pullback, prices are within a wide range of July 23rd and 24th, with the uptrends persisting and offering potential opportunities in the event of prices rising.

Technically, Hyper is in a bullish breakout formation after lifting his legs on July 10th. Prices then fell, but Hyper found around $0.35 in support before climbing.

If profits from the last 48 hours are confirmed, the coin could print a higher price and escape from the bull’s flag. Recent increase in trading volumes at swing altitudes suggests traders’ interest and potential accumulation.

At this pace, Hyper managed to break an all-time high of nearly $0.70 and rally to a key psychological level of $1. The surge marks the Hyper’s major milestone, rising 400% from its June 22nd record low.

Bithumb and Upbit Lists

On July 10th, hyper prices skyrocketed after being listed on two of Korea’s top exchanges, Upbit and Bithumb.

With the active retail crypto community in Korea, listings and pairings with potential WoN traders and investors can easily purchase Hyper without the need for Stablecoins or USD. As a result, hyper prices have skyrocketed by almost 400%, easily surpassing some Top Solanamime Coin.

The recent two-day surge is not driven solely by FOMO or trader excitement. That coincides with basic development. On July 22nd, Hyperlane released Warp Routes 2.0.

Hyperlanes play a key role in blockchain interoperability, connecting over 170 blockchains. It supports multiple virtual machines, including Ethereum, Solana, and Cosmos.

It provides an unauthorized framework that eliminates the need for traditional bridges, allowing developers to deploy cross-chain solutions without intermediaries.

Warp Route 2.0 Release

With Warp Routes 2.0, HyperLane introduces collateral-independent bridging, allowing the protocol to accept assets from multiple source chains without manual unwrapping.

Hyperlane addresses fluidity fragmentation by integrating EverClear and Circle CCTP into native rebalancing, making cross-chaining operations simpler and cheaper.

This upgrade enhances Hyperlane’s appeal to Defi protocols like the developers building Velodromefi SupersWap and RelayProtocol vaults, and cross-chain Dapps.

As hyperlanes grow, upgrades are extremely important, and recently deployed to Ethereum Layer 2 Starknet to support Solana-based solar eclipse.

Discover: Next 1000x Crypto – 13 coins that can be 1000x in 2025

Hyperlane Hypercrypto will increase by 50% over two days, and the next one will increase by $1?

  • Hyper Cryptography increases by 50% over two days
  • Bulls based on June 20th profit
  • HyperLane is an interoperability platform
  • Developers release warp root 2.0 upgrade

Why you can trust 99 Bitcoin?

Over 10 years

Founded in 2013, 99 Bitcoin team members have been experts in crypto since the early days of Bitcoin.

90 hours+

Weekly research

100k+

Monthly Readers

50+

Expert Contributors

2000+

Crypto project reviewed

Google News Icon

Follow 99 Bitcoin on Google News Feed

Provide the latest updates, trends and insights directly to your fingertips. Subscribe now!

Subscribe now

Dalmasungegh

Crypto Journalist

Dalmas is a journalist with experience in crypto, technology and blockchain for over a decade. His partner’s work has been featured in top news outlets, including Forbes, Investing.com, and Entrepreneurs. He’s passionate about code… Read more

]]> https://earlybirdsinvest.com/hyperlane-hyperpark-lipto-surges-by-50-in-48-hours-is-1-next/feed/ 0 49670 Bitcoin liquidation cascade wipes out $646 million in 24 hours https://earlybirdsinvest.com/bitcoin-liquidation-cascade-wipes-out-646-million-in-24-hours/ https://earlybirdsinvest.com/bitcoin-liquidation-cascade-wipes-out-646-million-in-24-hours/#respond Fri, 25 Jul 2025 08:57:43 +0000 https://earlybirdsinvest.com/bitcoin-liquidation-cascade-wipes-out-646-million-in-24-hours/

Bitcoin’s drawdown to $115,300 punished the aggressive long leverage piled up in the market. BTC dropped from $117,786 at yesterday’s open to $115,353 in the early hours today, a 2.1 % slide that masked a deeper intraday swing of about $4,350 between high and low. That modest slip lit a fire under derivatives books stuffed with optimistic bets.

Liquidation data from CoinGlass showed $646.5 million in forced closures across all assets in the last 24 hours. Long positions made up $492.6 million, or 76.2 %. Shorts absorbed just $154.4 million.

crypto liquidations
Screengrab showing the total crypto liquidations across assets in 24 hours on July 25, 2025 (Source: CoinGlass)

Bitcoin and Ethereum were hit almost equally, at $152 million apiece. Yet BTC’s own liquidation mix still leaned heavily to the long side, with $136.0 million in long wipeouts versus $16.1 million in shorts. Ethereum showed a slightly more balanced profile ($91.1 million longs against $61.5 million shorts), suggesting ETH bears were also caught fading previous strength.

Solana and XRP rounded out the top four, losing $39.2 million and $29.9 million in long exposure, respectively. Although their prices fell 2.5 % and rose 0.1 %, the absolute dollar value of wiped long leverage reveals that smaller‑cap majors still host meaningful directional bets.

Binance was at the center of this market-wide wipeout, logging $232.9 million in net liquidations, 75 % of which were longs. Bybit followed with $187.5 million and OKX with $108.1 million. The three venues accounted for roughly 80 % of total forced exits.

crypto liquidations exchanges
Table showing the total liquidations across exchanges in 24 hours on July 25, 2025 (Source: CoinGlass)

The heaviest pain came in a single four‑hour block where $201.8 million worth of positions were closed, $184.8 million of which were longs. A sharp, automated unwind of such size often exaggerates price moves in the moment, creating a cascade that feeds on itself until collateral buffers stabilise.

Despite the flush, Bitcoin seems to have stabilized at just above $115,000. This indicates that the spot market absorbed the BTC that hit the market once liquidations ran their course. Funding rates have also compressed toward neutral on major perpetual swaps, indicating that some of the overheated bullish leverage has reset.

Latest Alpha Market Report
]]> https://earlybirdsinvest.com/bitcoin-liquidation-cascade-wipes-out-646-million-in-24-hours/feed/ 0 49572 PUMP debuts at $5.6B FDV, logs $34M volume within first 3 hours https://earlybirdsinvest.com/pump-debuts-at-5-6b-fdv-logs-34m-volume-within-first-3-hours/ https://earlybirdsinvest.com/pump-debuts-at-5-6b-fdv-logs-34m-volume-within-first-3-hours/#respond Tue, 15 Jul 2025 07:58:24 +0000 https://earlybirdsinvest.com/pump-debuts-at-5-6b-fdv-logs-34m-volume-within-first-3-hours/

Pump.fun’s PUMP token opened at a fully diluted valuation (FDV) of roughly $5.6 billion on July 14 and fell 7.3% within the first three hours of trading, according to DEX Screener data. 

The Solana-based coin changed hands at approximately $0.005128 at 20:30 UTC, implying a current FDV of nearly $5.12 billion, liquidity of $19.3 million, and 11,160 on-chain transactions worth $34.1 million logged during the period.

Buy activity slightly outpaced sales, with 6,210 purchases versus 4,950 sales, while the split in dollar terms ran almost even at $18.7 million and $19.1 million, respectively.

Record-setting sale fills war chest

The token’s debut followed a 12-minute public sale on July 12 that raised $500 million and distributed 125 billion PUMP.

The sale-priced tokens at $0.004 were exhausted on Pump.fun’s website and four centralized exchanges, marking one of the fastest capital raises in ICO history.

On-chain dashboards compiled by Dune show that 23,959 wallets have completed the mandatory Know Your Customer procedures, but only 42.3% have secured tokens. 

The average spend reached $44,209, while the median landed near $550, illustrating a skew toward whale participation, even as small holders dominated numerically. Exactly 202 wallets hit the $1 million hard cap, while 5,758 spent less than $1,000.

Pump.fun’s own breakdown assigns 33% of supply to the ICO, 24% to community and ecosystem initiatives, 20% to the founding team, 13% to existing investors, 3% to a livestreaming budget, 2.6% to liquidity and exchange incentives, 2.4% to an ecosystem fund, and 2% to a nonprofit foundation. 

Furthermore, website analytics indicate that 76% of the tokens were sold through Pump.fun’s portal, with the balance handled by partner exchanges. The team said this approach strengthens direct ties to users and limits middleman influence. 

Developers required identity checks for all participants and excluded residents from the US and UK, positioning the raise as a “compliant” alternative to earlier memecoin launches, according to statements posted on social media by Dune contributor Adam Tehc.

Mentioned in this article
]]> https://earlybirdsinvest.com/pump-debuts-at-5-6b-fdv-logs-34m-volume-within-first-3-hours/feed/ 0 47728 These fully working Mac emulators will waste hours of your day https://earlybirdsinvest.com/these-fully-working-mac-emulators-will-waste-hours-of-your-day/ https://earlybirdsinvest.com/these-fully-working-mac-emulators-will-waste-hours-of-your-day/#respond Tue, 15 Jul 2025 00:33:41 +0000 https://earlybirdsinvest.com/these-fully-working-mac-emulators-will-waste-hours-of-your-day/

Designer Marcin Wichary has posted a comprehensive and detailed look at the design of the Mac operating system settings interface. In Frame of preference, Wichary examines the design details of the original Macintosh System Software 1.0, all the way to Mac OS X 10.3 Panther. But Wichary doesn’t just offer his commentary; Wichary worked with Mihai Parparita of Infinite Mac to offer emulators of the system software that you can actually use.

For example, the entry for the original Mac is accompanied by a Macintosh System Software 1.0 emulator framed by a 512K Mac. You can open the Control Panel and follow along with Wichary’s text, or you can launch MacPaint and try to do you own rendition of a geisha portrait like the one that adorned the Mac’s screen at its unveiling 40 years ago. You can try using System 7 on a Macintosh Centris 650 or Mac OS X on a PowerBook G4 Titanium. Or, you can even use a NeXT Computer running NeXTStep 2.2.

The emulators have been around for a few years at Infinite Mac, but on Frame of preference, they are presented in a fun, new way with the original Macintosh designs. While you’re playing around with the emulators, be sure to read Wichary’s commentary, as there are loads of interesting insights into software design and aesthetics.

Why are there no emulators after OS X Panther? They’re not available yet. Also, Wichary’s commentary stops at that point because “the pace of change slowed down quite a bit” with the Mac’s system settings. The last major change was in 2022 with the change to System Settings in macOS Ventura, and chances are you experienced that change first hand, so you don’t need an emulator to relive it.

]]> https://earlybirdsinvest.com/these-fully-working-mac-emulators-will-waste-hours-of-your-day/feed/ 0 47680 Countdown to Launch: 72 Hours Left to Grab $SOLX Below Listing Price as 35B SOLX Burn Confirmed, Over $55M in Funding https://earlybirdsinvest.com/countdown-to-launch-72-hours-left-to-grab-solx-below-listing-price-as-35b-solx-burn-confirmed-over-55m-in-funding/ https://earlybirdsinvest.com/countdown-to-launch-72-hours-left-to-grab-solx-below-listing-price-as-35b-solx-burn-confirmed-over-55m-in-funding/#respond Fri, 20 Jun 2025 15:13:14 +0000 https://earlybirdsinvest.com/countdown-to-launch-72-hours-left-to-grab-solx-below-listing-price-as-35b-solx-burn-confirmed-over-55m-in-funding/

Last updated: 

With only 72 hours remaining to buy below the listing price, Solaxy (SOLX) has intensified anticipation for its exchange debut by burning an additional 20 billion SOLX, pushing the total burn to 55 billion tokens, all ahead of its official launch.

This aggressive move boosts token scarcity and value, further strengthening confidence as Solaxy prepares to launch. The team recently released its updated launch schedule, confirming that token claims and the bridge activation will go live on June 23 – the same day this final purchase window closes.

There’s speculation that the exchange listing could also happen on or shortly after that date, though details remain under wraps. Given Solaxy’s $55 million in early-stage funding, some believe a tier-one exchange listing could be in the works – and that may explain the tight-lipped rollout.

What’s certain is this: buying SOLX in the next 72 hours means getting in below listing price, before the token hits the open market – a rare position of strength in a launch this size.

With SOLX currently priced at $0.001766, this may be the last time it’s available at this level, potentially marking it as the token’s all-time low in hindsight, especially if history repeats itself with the kind of post-listing surges we’ve seen from other high-profile launches.

Institutional Players Are Building SOL Positions – and Developer Growth May Explain Why

Solana has increasingly captured the attention of institutional investors, with DeFi Development Corp. emerging as one of the largest holders of SOL among public companies.

They are joined by Upexi and SOLol Strategies, the latter of which recently filed for a Nasdaq listing. As of late May, DeFi Development Corp. held approximately 620,000 SOL, Upexi held nearly 680,000 SOL, and SOLol Strategies reported holdings of around 420,000 SOL.

So, what’s driving these firms to accumulate significant positions in SOL?

In the case of DeFi Development Corp. the shift is particularly noteworthy. Formerly known as Janover, a real estate-focused company, it has since pivoted into the crypto space, rebranding and even acquiring its own Solana validator node as part of a broader commitment to the ecosystem.

The likely catalyst for this institutional confidence is Solana’s developer momentum. While Ethereum still leads in total smart contract activity, analysts at Cantor Fitzgerald have noted a clear uptick in developer growth on Solana, signaling that the network is gaining serious traction among builders.

This is backed by findings from Electric Capital, which reported that in the past year, Solana attracted 7,625 new developers, surpassing Ethereum’s 6,456. It marked the first time since 2016 that another network outpaced Ethereum in new developer onboarding.

But it’s not just Upexi, SOLol Strategies, and DeFi Development Corp. taking notice. Major financial institutions behind Solana ETF filings – including Grayscale, VanEck, 21Shares, Bitwise, Canary Capital, and Franklin Templeton – are also increasing their exposure to the network.

As Solana Attracts Capital and Developers, Solaxy Ensures It Can Handle Both

The reason new developers are increasingly building on Solana ultimately comes down to speed, cost-efficiency, and accessibility. Solana’s monolithic architecture enables high throughput and low transaction costs – all without relying on the fragmented patchwork of Layer-2 solutions that Ethereum depends on.

However, this design isn’t without drawbacks, as Solana’s history shows. Handling all activity on a single chain has, at times, led to network congestion, transaction failures, and even temporary outages during periods of peak demand.

But with a confirmed launch date of July 7, the solution is finally arriving: Solaxy.

As the first Layer-2 chain built for Solana, Solaxy is designed to act as the network’s scalability and stability layer, offloading excess demand, easing congestion, and helping ensure Solana performs reliably under pressure.

Unlike Ethereum’s Layer-2s, Solaxy isn’t trying to fix Solana – it’s built to support it. With more development, user activity, and institutional investment flowing in, Solana’s uptime is more critical than ever, and Solaxy is here to make sure it holds.

Solaxy will also introduce a suite of tools to support builders and users across the ecosystem. These include a bridge connecting Solana, Solaxy, and Ethereum, a native DEX called Neptoon, a public block explorer, a token launchpad named Igniter, and a developer-friendly knowledge base.

Combined, these form a complete Layer-2 infrastructure that not only enhances Solana’s throughput – but unlocks entirely new opportunities for real-time dApps, gaming, DeFi, and more.

With the Foundation Set, Solaxy Now Looks to Prove SOLX Can Match Solana’s Ascent

Now that the foundation has been set, all eyes are on what comes next – and the big question is whether SOLX can replicate the kind of breakout gains that Solana once delivered.

The fundamentals are there. With a fully SVM-compatible Layer-2 architecture, Solaxy gives developers the space to build high-throughput apps without clogging the mainnet. It could even evolve into the testing ground for next-gen DeFi protocols, gaming platforms, and applications that push Solana’s limits.

The SOLX token is at the center of all this – powering transaction throughput, staking, and developer incentives. And with 55 billion SOLX now permanently burned – worth around $97.13 million at today’s price – supply is tightening at a crucial moment.

That burn represents a staggering 40% of the total supply, locking in a level of scarcity that’s rare at this stage of a project.

If a major exchange listing follows, that kind of setup has historically triggered explosive price discovery.

The countdown’s already on.

Final Hours to Enter Below Market Rate – Early SOLX Buyers Could Hold the Advantage

With just 72 hours remaining, this is the final opportunity to acquire SOLX below its listing price – a window that could prove pivotal for those seeking early-stage exposure.

For many, missing out on Solana’s early breakout was a hard lesson in timing. Today, Solaxy presents a similar moment, not as a competitor, but as a critical Layer-2 solution designed to address the very limitations holding Solana back from its full potential.

As the only project of its kind in the Solana ecosystem, Solaxy stands to play a key role in scaling the network’s future, and with that, the potential for SOLX to appreciate significantly as adoption increases.

To participate, visit the Solaxy website, connect a supported wallet, and purchase SOLX. Newly acquired tokens can be staked immediately, with the protocol currently offering a dynamic 76% APY based on pool activity.

For optimal performance, users are encouraged to use Best Wallet – the recommended noncustodial Web3 wallet with full presale integration and multichain support.

Stay informed by following Solaxy on Telegram and X.


]]> https://earlybirdsinvest.com/countdown-to-launch-72-hours-left-to-grab-solx-below-listing-price-as-35b-solx-burn-confirmed-over-55m-in-funding/feed/ 0 43119 Scientists develop plastic that dissolves in seawater within hours https://earlybirdsinvest.com/scientists-develop-plastic-that-dissolves-in-seawater-within-hours/ https://earlybirdsinvest.com/scientists-develop-plastic-that-dissolves-in-seawater-within-hours/#respond Thu, 05 Jun 2025 22:12:47 +0000 https://earlybirdsinvest.com/scientists-develop-plastic-that-dissolves-in-seawater-within-hours/

Forward-looking: Plastic materials have become a cornerstone of modern life, but their widespread use has created a growing environmental challenge. Scientists worldwide are racing to develop sustainable solutions to plastic pollution, and a research team in Japan may have made a significant breakthrough toward that goal.

A team of Japanese researchers has developed a plastic material that disappears in seawater within hours, leaving no harmful residues. Designed to be more environmentally friendly than traditional biodegradable plastics, it breaks down without leaving microplastic particles to pollute the world’s oceans.

Scientists from the RIKEN Center for Emergent Matter Science and the University of Tokyo developed the new plastic material. It matches the strength of traditional petroleum-based plastics but breaks down into its original components when exposed to salt. Naturally occurring bacteria then process these components, leaving no microplastic or nanoplastic contamination behind.

The researchers demonstrated their invention in a Tokyo-area lab, showing how a piece of transparent plastic disappeared in salty water after about an hour. Since salt is also found in soil, two inches of this material should fully break down after 200 hours underground.

Reuters notes that the material is non-toxic to humans, fire-resistant, and does not release carbon dioxide. When coated, it functions like any regular plastic product. The team is now focused on developing an optimal coating method, indicating the material is not yet ready for commercialization.

Project leader Takuzo Aida stated that several major industry players, including packaging companies, have expressed strong interest in the team’s research. He also expressed his hope for a world free of harmful polluting materials.

“Children cannot choose the planet they will live on,” Aida said. “It is our duty as scientists to ensure that we leave them with best possible environment.”

Plastic waste is a major contributor to the growing environmental problems facing our planet. The United Nations Environment Programme predicts plastic pollution will triple within the next 15 years, adding 23 to 37 million metric tons of waste to the oceans annually.

Many supposedly biodegradable plastics have also contributed to the problem, as they don’t fully break down and leave behind harmful microplastics. Studies have found microplastic and nanoplastic fragments in the brain and other human organs.

]]> https://earlybirdsinvest.com/scientists-develop-plastic-that-dissolves-in-seawater-within-hours/feed/ 0 40350 79.89% Crash In 24 Hours: What’s Going On With The Shiba Inu Burn? https://earlybirdsinvest.com/79-89-crash-in-24-hours-whats-going-on-with-the-shiba-inu-burn/ https://earlybirdsinvest.com/79-89-crash-in-24-hours-whats-going-on-with-the-shiba-inu-burn/#respond Wed, 21 May 2025 01:44:51 +0000 https://earlybirdsinvest.com/79-89-crash-in-24-hours-whats-going-on-with-the-shiba-inu-burn/

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In a rather unexpected turn of events, the Shiba Inu (SHIB) burn rate has plummeted by a staggering 79.89% in just 24 hours. Once considered the cornerstone of Shiba Inu’s deflationary strategy and a key driver behind the meme coin’s long-term value, this dramatic decline in token burns now sparks serious concerns about what’s behind the sharp drop and its impact on the meme coin’s future price. 

Shiba Inu Burn Rate Suffers Dramatic Decline

Shiba Inu’s once-celebrated burn mechanism has recently hit a significant roadblock, with the burn rate crashing almost 80% in just a day. According to Shibburn, the on-chain analytics platform designed to track token burns within the Shiba Inu ecosystem, only 8,258,774 SHIB coins were eliminated in this period. This is a steep drop compared to over 49 million tokens incinerated just a day earlier. 

The sudden drop in Shiba Inu’s burn rate comes as the meme coin’s price experiences a significant decline. Notably, Shiba Inu’s burn mechanism is a vital part of its tokenomics model. By sending coins to a dead wallet, SHIB tokens are permanently removed from its large circulating supply, which in turn helps increase scarcity and possibly drive up its price over time. 

Unlike projects with protocol-level burn mechanisms, Shiba Inu’s burning process is mainly community-based. This means that the recent drop in burn rate could reflect a negative shift in market sentiment. 

Shiba Inu
Source: Chart from Shibburn

This decline in market sentiment may also be attributed to Shiba Inu’s lacklustre price performance and failure to sustain a meaningful rally in recent months. At the time of writing, SHIB is trading lower alongside many altcoins, reflecting market uncertainty. According to CoinMarketCap, its price is sitting at $0.0000144, representing a sharp 39.8% decline from its yearly high. 

Despite the community’s strong presence and analysts’ optimistic projections, sentiment around SHIB appears muted, with CoinCodex data highlighting indifference rather than enthusiasm. If the burn rate continues to decline, particularly after this 79.89% drop, it could erode confidence in the meme coin’s deflationary narrative and future price. 

Currently, Shibburn data reports that the total number of SHIB tokens burnt since inception is over 410.7 trillion, leaving approximately 589.2 trillion remaining out of the original maximum supply of over 999.9 trillion.  

SHIB Price Targets $0.000035

Despite low prices and burn rate crashes, analysts still view Shiba Inu in a bullish light. One of the latest price predictions by market expert ‘Crypto Catalysts’ on X (formerly Twitter) suggests that the Shiba Inu price could soon see a dramatic surge to $0.000035.

The analyst noted that SHIB is showing signs of strong upward momentum. According to the shared chart, SHIB has been forming a clear accumulation base between $0.000007 and $0.000014. This zone, which previously acted as a launchpad for the meme coin’s explosive rallies in 2021 and 2023, is once again highlighting strength as SHIB aims for a 147% increase to $0.000035. 

Shiba Inu
SHIB trading at $0.000014 on the 1D chart | Source: SHIBUSDT on Tradingview.com

Featured image from Pixabay, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

]]> https://earlybirdsinvest.com/79-89-crash-in-24-hours-whats-going-on-with-the-shiba-inu-burn/feed/ 0 37404