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Chainalysis is extending its support for the XRP Ledger and the new coverage goes beyond the native token. Customers now get more ways to follow token activity and check transactions. With Chainalysis adding this extended support, users now have stronger ways to interact with one of the most active blockchains in the market.

Chainalysis Expands Coverage For XRP Ledger

In its announcement, Chainalysis explained that automatic token support now includes fungible tokens such as IOUs, non-fungible tokens under the XLS-20 standard, and multi-purpose tokens, also known as MPTs. MPTs operate like Ethereum’s well-known ERC-1155 tokens. The update means many different kinds of assets on the XRP Ledger are now covered.

The company also shared that more than 260,000 tokens are already supported. As developers create more tokens on the blockchain, the total number increases daily, showing the steady activity and expansion of the XRP Ledger.

Chainalysis added that customers can now use its KYT (Know Your Transaction) service to monitor these tokens. KYT gives real-time alerts, continuous tracking, and compliance checks. Chainalysis KYT now keeps a close eye on a wide range of XRP Ledger assets, making activity on the network easier to monitor and safer to engage with.

Stronger Tools For Compliance And Investigations

Chainalysis also highlights that its expansion links directly to the company’s main investigative products. The extended coverage is now available through Reactor, the platform designed for in-depth transaction reviews and its entity screening services. 

Customers can now use the Chainalysis Reactor tool and entity screening products with XRPL tokens. They can visualize transactions in detail and act quickly if they notice risks. Customers can now track token flows, see how money moves, and identify signs of suspicious activity. 

Chainalysis noted that the XRP Ledger is well-known for facilitating fast and low-cost cross-border transactions, making it one of the most trusted blockchains today. The network has handled more than 3.3 billion transactions across over 90 million blocks. 

Its native token remains among the top digital assets by market value and is supported by a large global community. The Ledger itself continues to show strong performance. Nearly 200 validators worldwide support it, which are independent nodes that confirm transactions, with Ripple named as a key contributor. 

The Chainalysis update will make oversight on the XRP Ledger easier at a time when the number of tokens is skyrocketing. Customers can now use its Reactor tool to check XRPL tokens, follow how funds move, and help keep the network secure.

With the latest support from Chainalysis, the ledger becomes even more transparent, and customers now have safer and stronger ways to follow the growing number of tokens that developers are adding to the blockchain. 

Featured image from DALL.E, chart from TradingView.com

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The following is a guest post and analysis from Vincent Maliepaard, Marketing Director at Sentora.

2025 has marked a turning point for XRP, combining explosive price gains with transformative shifts in its core narrative. In July, the token hit an all-time high of $3.58, propelled in part by decisive legal victories. Beyond price action, Ripple’s launch of the RLUSD stablecoin has gained significant traction, and the network is now doubling down on expanding XRP’s footprint in the DeFi ecosystem.

The foundation of XRP’s breakout was laid when the SEC dropped its lawsuit against Ripple, removing a significant regulatory overhang that had suppressed institutional interest for years. This legal resolution as well as the Trump administration’s crypto-friendly policy framework, including the GENIUS Act, catalyzed a broader bull market across digital assets.

The token has also benefited from a strategic revaluation as institutional investors engaged in speculative rotation toward under-owned large-cap cryptocurrencies, recognizing XRP as a legitimate capital layer rather than a speculative trading vehicle.

This thesis was reinforced by Ripple’s launch of the RLUSD stablecoin in late 2024, which quickly scaled to a $600 million market cap and demonstrated real-world utility in driving adoption momentum. The ecosystem expansion has continued with the launch of the XRPL EVM sidechain, enhancing interoperability and smart contract functionality, while anticipation builds around the potential approval of an XRP ETF that could further accelerate institutional adoption.

Let’s dive in for a breakdown of XRP’s growth and momentum, new players in the ecosystem and XRP’s breakthrough in DeFi.

XRP’s Growth and Momentum

XRP’s concentration dynamics reveal a mature institutional ownership structure that mirrors traditional financial assets, with the top 10 wallets controlling approximately 41% of circulating supply, expanding to 50% among the top 20 holders and over 70% within the top 100. This concentration pattern indicates institutional capital allocation rather than retail speculation, which supports XRP’s evolution into an institutional asset class.

The token’s transformation from a previous cycle laggard to a favorite gained significant validation through Coinbase’s integration. In July, the exchange launched cbXRP, a wrapped token backed 1:1 by XRP specifically designed for cross-chain functionality. This infrastructure development immediately unlocked new use cases, with Moonwell becoming the first major DeFi protocol to support cbXRP, enabling community members to lend and borrow the wrapped token within the platform’s DeFi ecosystem.

Growth of cbXRP on Moonwell has been steady, gradually growing to over $1.2 million in liquidity since its launch in June. While this may be far from XRPs typical multi-billion dollar headlines, it marks an important milestone in XRP’s DeFi journey.

These developments signal a fundamental shift in how traditional exchanges and DeFi protocols are positioning XRP, moving beyond simple trading solutions. The combination of concentrated institutional ownership, enhanced technical infrastructure through wrapped tokens, and expanding lending markets demonstrates that XRP is experiencing adoption momentum as capital flows increasingly recognize its utility as a cross-border settlement layer and institutional-grade digital asset.

Expanding into DeFi

The expansion of XRP into decentralized finance represents a natural progression for what Gabriel Halm of Sentora describes as a blockchain that has “successfully established itself as a digital payment network,” with DeFi development being “an intuitive next step in creating a comprehensive finance ecosystem for XRP.” This evolution addresses a critical gap in XRP’s utility, as the token historically lacked the fundamental DeFi primitives.

Flare Network has emerged as one such infrastructure provider for XRPFi, through the introduction of FAssets—which upon launch, enables XRP holders to convert their tokens into FXRP, a wrapped version of XRP. This operates in a non-custodial, trust-minimized framework which uses smart contracts for cross-chain verification.

Upcoming Yield Opportunities for XRP in DeFi

While users can currently earn a modest yield (around 0.1% currently) by supplying cbXRP on Moonwell, significantly higher returns may be on the horizon with the upcoming launch of the Firelight Protocol on Flare.

Firelight aims to bring economic security and yield generation to the XRP ecosystem, much like how EigenLayer has unlocked additional staking yield for Ether. By leveraging staked XRP for economic security, Firelight’s architecture could enable innovative DeFi applications—such as on-chain insurance—that were previously not feasible.

As Hugo Philion, Co-Founder of Flare Network, explains:

“Firelight offers on-chain XRP yield opportunities, both for institutions and retail holders, improving capital efficiency for XRP and further bolstering its utility.”

Looking Ahead

XRP’s growth story is shifting from short-term price cycles to long-term structural evolution. The convergence of regulatory clarity, institutional adoption, and DeFi expansion, driven by platforms like Base, Moonwell, Flare, and Firelight, broadens XRP’s utility and potentially establishes it as a yield-bearing asset.

While it may not yet be a dominant force in DeFi, these developments could strengthen XRP’s role as a bridge between traditional finance and emerging on-chain opportunities.

Mentioned in this article

XRP has just dropped below $3, but the market may not be as bearish as it looks. The price fell into the 0.382 Fibonacci retracement level at $2.96, a significant support zone. The wick to $2.94, which matched the 0.618 subwave target, quickly reversed and reclaimed $2.96. This fast recovery is classic behavior often seen when a market finds its bottom.

According to market analyst Casi Trades, the current setup could open the door for XRP to stabilize and possibly aim for higher targets, with levels like $4.80 already on the radar.

XRP Holds Strong At $2.96 Support

XRP’s latest price action delivered exactly what technical analysts were waiting for.  Adding even more weight to the case for a bottom is the Relative Strength Index (RSI). The RSI printed bullish divergence on both the 15-minute and the 1-hour charts. 

While prices were falling, the RSI showed higher lows, signaling momentum was shifting in favor of buyers. Combined with the clear 5-wave downward move on the chart, Casi Trades believes this confirms that XRP has completed its correction phase.

Related Reading: Dogecoin Eyes 1,000% Increase To Reach $2.55 ATH This Cycle

The analyst explained that the drop into $2.96, followed by an immediate bounce, shows that the market “was hunting for a bottom, and XRP delivered.” The combination of Fibonacci levels, divergence signals, and clean wave structure makes this support zone one of the most important in the current cycle.

Bullish Outlook And Upside Targets

Now that XRP has hit and held the $2.96 support, traders focus on the next phase. Casi Trades noted that XRP may linger around this level or retest it again, but its holding is already a positive sign. 

The market analyst expects large-cap cryptocurrencies, including XRP, to lead the next wave of gains. With support confirmed, attention is now shifting to upside targets. The most critical one mentioned is $4.80, but the analyst believes the momentum could carry XRP even higher if conditions remain favorable.

Related Reading

This bullish outlook is fueled not just by XRP’s chart but also by broader market conditions. Large caps tend to move together when sentiment improves, and XRP holding its ground at $2.96 is a signal of strength. “From these support lows across the market, I expect things to turn exciting and bullish,” Casi Trades commented.

If the impulsive upside resumes, XRP’s recovery from this support zone could mark the beginning of a strong upward leg. 

For now, all eyes remain on the $2.96 level. As long as XRP holds above it, the case for a bullish rally stays strong. The market setup points to higher prices, whether it takes off immediately or after a brief consolidation. With the potential for a run toward $4.80 and beyond, XRP’s sharp drop may have just set the stage for its next big move.

Featured image from Dall.E, chart from TradingView.com

The following is a guest post and opinion from Konstantins Vasilenko, Co-Founder and Chief Business Development Officer at Paybis.

There is a stark mismatch between the target and actual audience of crypto products. Crypto’s greatest upcomers rarely make an appearance in the news, nor do they enjoy the privilege of extensive localization and optimization efforts from the devs’ side. Today, most platforms are still building and optimizing for Western markets exclusively, resulting in high drop-off rates in Latin America, Africa, and Southeast Asia.

Yet, it is precisely these regions that drive crypto adoption forward. In 2024, the top 3 spots in Chainalysis’ crypto adoption ranking were secured by India, Nigeria, and Indonesia, and only four developed economies made it to the top 20 overall. Emerging markets are the most promising in terms of user count growth tempo: proprietary data from Paybis shows a 66% year-on-year user increase in developing economies, overshadowing the developed markets by a factor of two. And that has been the case for years.

The tested solution to boost engagement and secure a loyal customer base is crypto on-ramps, which have already proved their utility in the US and Europe. However, conversion rates on on-ramps tend to be notably lower in developing markets: 14% fewer users initiate KYC, 20% fewer are approved, and 11% fewer complete transactions. Replicating Western flows without localization has proven ineffective: platforms must localize to fit local KYC flows, local payment methods, and behaviors. Without localized on-ramps, mass adoption will remain a pipe dream.

Devs Still Optimize for Western Markets

Crypto may be borderless in theory, but in practice, it still has a passport. The comfort level of the same app might vary drastically from country to country, as platforms often assume fluency in the North American or European banking system or similarity in user habits.

To put it simply, something that works in Toronto might not work in Lagos. In Nigeria, over 96% of users register via mobile, making it the primary access method. It is simply incomparable to developed countries like Canada, Australia, or Japan, where desktop-first behavior dominates. Flows often fail when ported to countries with informal economies and lower banking penetration.

The challenge of KYC flows is compounded, considering how often some platforms lack on-ramps. Instead of a streamlined flow, a user has to go through repeated KYC verifications only to start using services. Without improvements to user experience, there is little chance that consumers will migrate to DeFi alternatives en masse. In emerging markets, crypto remains a geek-for-geeks type of product. Tech-savvy niches are satisfied, but the demographic that needs crypto the most is excluded.

Payment Localization Is the Future

To unlock growth in emerging markets, platforms must localize. Recent case studies suggest that the key to doing it successfully is integration with the payment systems people already trust and use.

Take South America, where PIX, the Brazilian government-backed instant payment system, has been a game-changer. Platforms that integrate with PIX have seen a marked reduction in drop-offs thanks to the seamless and familiar user experience. Brazilian platform Mercado Bitcoin integrated PIX in 2020. By enabling instant zero‑fee deposits via the country’s native payment rail, the platform saw onboarding completion rates jump, while early drop‑offs significantly declined. Users no longer needed cards or complex bank transfers—only the payment methods they already used on a daily basis.

Localization also means adapting verification processes to local norms, offering mobile-first and multilingual interfaces, and designing for environments where mobile usage is still dominant and digital literacy varies widely.

Fix the On-Ramps, Reduce the Drop-Offs

Emerging markets already dominate global crypto adoption metrics. But interest alone doesn’t guarantee sustainable adoption. Without localized on-ramps, platforms will continue to lose potential users at the very first step of the conversion funnel: the bridge from fiat funds to trusted and accessible crypto.

The next wave of crypto adoption will not be conquered by the best technology. Its crest will fall to the platforms that make this technology accessible, intuitive, and locally relevant.

Ether (ETH) jumped to $4,200 on Binance early Saturday, its highest since December 2021, after a two-day rally fueled by heavy trading and $207 million in short liquidations.

The move followed Friday’s breakout above $4,000 for the first time since December 2024, a technical milestone that drew in fresh buying and set the stage for Saturday’s push higher.

Miles Deutscher said these forced buybacks helped accelerate the rally. In an earlier post, he described an “on-chain wealth effect”: as ETH’s price rises, both large holders and retail investors see their positions turn profitable, prompting them to reallocate capital into smaller, higher-risk tokens in pursuit of bigger gains. This dynamic, he said, can amplify rallies beyond ETH itself.

Deutscher also mapped out a three-stage market rotation he expects could take months to unfold: an ETH-led mini altcoin season, a rotation into bitcoin that could lift BTC toward $120,000–$140,000 while altcoins lag, and finally a shift back into ETH and smaller tokens for a potential “blowoff” rally marking the cycle’s peak.

Crypto analyst Michaël van de Poppe called Saturday’s push to $4,200 a “wild move” and warned that buying at such elevated levels carried greater risk. While he sees ETH setting up for a breakout toward all-time highs, he argued that allocating capital to projects within the ETH ecosystem might deliver better percentage returns if momentum continues. He also said earlier that continued ETH strength could set the stage for substantial gains in altcoins, potentially rewarding portfolios positioned for a broader market rotation.

Market intelligence platform Santiment noted that ETH’s climb above $4,000 on Aug. 8 was the first since Dec. 16, 2024, and came with a sharp increase in bullish language from retail traders. Mentions of terms like “buying” and “bullish” roughly doubled compared with “selling” and “bearish.” The firm cautioned that overconfidence can sometimes lead to short-lived pauses even during strong uptrends.

Technical Analysis Highlights

• According to CoinDesk Research’s technical analysis model, between Aug. 8 at 07:00 UTC and Aug. 9 at 06:00 UTC, ETH rose from $3,914.59 to $4,160.29, a 6% gain, trading between $3,885.03 and $4,194.53.
• The first breakout occurred at 13:00 UTC on Aug. 8, pushing prices above $4,000 on 646,459 ETH in volume, nearly triple the 24-hour average of 218,847 ETH.
• A second surge at 05:00 UTC on Aug. 9 lifted prices to the session peak of $4,194.53 on 714,461 ETH in volume, again more than triple the daily average.
• In the final hour (Aug. 9, 05:19–06:18 UTC), ETH moved from $4,157.33 to $4,194.53 before retreating to $4,158.50, with $42.52 in intraday swings.
• Buying briefly pushed prices above $4,190 before profit-taking set in, establishing support between $4,155 and $4,160, suggesting consolidation as larger players locked in gains near the psychological $4,200 level.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

The debate over whether the crypto market is in Bitcoin Season or on the verge of Altcoin Season has dragged on for many months, especially due to Ethereum’s price action in the past few days. LUCIE, Shiba Inu’s marketing lead, recently touched on the matter, sharing insights on what’s currently happening, what to expect for an altcoin season, and when to anticipate a breakout in the Altcoin Season Index.

Altcoin Season Index Points To Bitcoin Dominance

Many traders and analysts have been closely watching the Altcoin Season Index, with posts on the social media platform X and news reports increasing in anticipation of a market-wide move that could favor altcoins against Bitcoin. Although the current market still tilts toward Bitcoin, signs of change are starting to emerge, especially with Ethereum now approaching the $4,000 price level.

Related Reading

According to the Altcoin Season Index from BlockchainCenter.net, which was also shared by Shiba Inu’s marketing lead, the index is currently standing at 39, well below the 75 threshold required to confirm altseason. Notably, the data from BlockchainCenter.net shows that the index has been hovering in this range after bouncing from lower levels earlier in the year. As shown in the chart below, despite recent momentum from Ethereum and XRP, Bitcoin is still holding a dominant position in the total market cap.

At the time of writing, Bitcoin dominance is currently around 61%, above the 60% level that typically signals room for altcoins to take over. Interestingly, this is a notable reduction from Bitcoin’s 64.3% dominance from three weeks ago. 

Lucie attributed this decline in Bitcoin dominance to alt momentum slowly gaining traction across various sectors, including major altcoins and meme-based projects. This gradual build-up, she suggested, could represent an accumulation phase. This is a familiar August pattern that’s mostly always seen before stronger altcoin rallies.

Eyes On September For Possible Breakout

Although the current readings confirm that it is still Bitcoin Season, Lucie believes everything may already be setting the stage for an altcoin breakout next month. The combination of a drop in BTC dominance and a surge in the Altcoin Season Index above 75 would officially mark the shift. For now, eyes are on this breakout. Particularly, Lucie noted a September window for a decisive move that could ignite a true altseason.

Related Reading

At the time of writing, Bitcoin’s market dominance is at 60.0%, according to data from Coinmarketcap. Ethereum, on the other hand, has a market dominance of 12.2%. The last time the market saw altcoin dominance was in December 2024, when the Altcoin Season Index spiked to a reading of 88.  Since then, Bitcoin has maintained control, with the most recent attempt to push the index higher stalling at a 59 reading on July 21.

Featured image from Getty Images, chart from Tradingview.com

The Securities and Exchange Commission (SEC) has confirmed that it has been filed by NASDAQ, proposing the amendment. Black Rock Ishares Ethereum Trust (ETHA). The proposal allows ETFs to wager their Ethereum holdings, join the consensus mechanism of ETH certification and potentially earn staking rewards.

What happens when institutional staking becomes mainstream?

BlackRock has received regulatory approval to include staking in the Spot Ethereum ETF. As It was mentioned Acknowledgements by X’s çağrıyaşar Submit It is not a minor regulatory checkbox. It is key to the Securities and Exchange Commission (SEC) and is left to its engine, not just ETH price action.

Related readings

This staking is not a price guess. It’s about alignment, incentives, governance and yield. Unlike traditional asset ownership, staking involves proactively protecting your network by verifying transaction Supports ETH consensus.

Recent regulatory approvals allow BlackRock and other agencies to include staking in Spot ETH ETFs will allow Wall Street to hold ETH speculatively assets. Therefore, you can earn revenue from the yields generated by the ETH core protocol mechanisms and integrate deeply into your network infrastructure.

However, once ETH staking becomes ETF native, it redefines what it means to invest in a financial network. ETH will become the first global digital infrastructure with traditional capital market Not only will you invest, but you will also become an active participant in the protocol. The SEC has effectively examined the ETH consensus model not only worth it but also valuable institutional involvement.

This is how the empire changes, not a heading; detail No one expects it. This emphasizes that major changes in power and systems are not always announced loudly. Instead, they often happen quietly through small regulatory changes.

ETH is not Wall Street friendly. Wall Street is becoming ethnic-compatible. This is when new technology enters mainstream finance, and people believe it is being rebuilt to fit traditional systems. Furthermore, Yashal noted that the network effect has only just become financial. This means that the value of the network increases as more participants participate.

Why agencies support protocol infrastructure

with x postVirtualBacon said BlackRock and JPMorgan have not invested in Ethereum for speculative hype or short-term price Profit. Instead, their focus lies in the growing role of ETH as a foundation platform for real-world asset (RWA) tokenization and Stablecoin infrastructure.

Related readings

BlackRock CEO Larry Fink has been clear about his vision for Eth’s future, saying he aims to tokenize stocks into the ETH blockchain and build investment funds directly. This is important Institutional Approval of ETH as a platform for next-generation finance.

Meanwhile, JPMorgan’s Jamie Dimon has eased his previous cautious attitude towards cryptocurrencies, particularly following the clarity of the regulations provided by initiatives under the Genius Act. This shift signal Increased openness among traditional financial leaders to integrate blockchain technology into mainstream finance.

Featured images from ISTOCK images, charts on tradingView.com

HodlX Guest Post  Submit Your Post

Remember when blockchain gaming meant million-dollar Axie scholarships and nonstop token pumps? And rug pulls? Lots of rug pulls.

Those days feel like a fever dream.

The industry that once promised to revolutionize gaming overnight through unsustainable play-to-earn models has quietly evolved into something far more substantial and sustainable.

In 2024-2025, blockchain gaming is experiencing a quiet renaissance, driven by fundamentals instead of FOMO.

Gone are the days when success meant token velocity and hype cycles.

Instead, serious capital is backing projects with real gameplay, legacy studios are engaging on their own terms and unexpected markets like Spain are emerging as strategic launchpads.

This isn’t the loud, flashy comeback many expected but the methodical rebuilding that actually matters.

From speculation to substance

The 2021 cycle was intoxicating in all the wrong ways. Success was measured by how fast a token pumped rather than by whether anyone enjoyed the game.

Projects launched with elaborate tokenomics promising sky-high returns, attracting players who treated gaming like a second job.

The collapse was inevitable, baked into the model from the start.

Today’s projects tell a different story. Developers are focused on gameplay, cross-platform interoperability and economic models designed to survive market volatility.

In 2024, blockchain games attracted 7.4 million daily active wallets – a 421% jump from 2023 – proof that players are sticking around for the fun, not just the tokens.

Developers are asking better questions. Will people still play this game without token rewards? Does it offer lasting value beyond speculation? Can the economy stand on its own?

What matters now isn’t token velocity but whether the game is fun. This shift from hype to substance is the industry’s most important evolution.

The new generation of blockchain games is being developed by teams that understand entertainment, not just cryptocurrency mechanics.

Blockchain is no longer the main event – it’s the technology quietly powering experiences people actually want to engage with.

Why serious investors are back

The smart money that fled during the 2022 crash is quietly returning, but with a very different mindset.

Investors like José Herrera, a prominent Spanish angel, aren’t just cutting checks but are also advising teams directly and backing founders they trust with long-term capital.

This is disciplined value creation, not just speculative noise.

With the blockchain gaming market valued at $14.8 billion in 2024 and projected to hit $1.17 trillion by 2033, the opportunity in sustainable models is too big to ignore.

Today’s investors are doing real due diligence.

They’re scrutinizing teams’ track records, evaluating partnership potential and stress-testing whether business models can weather market cycles.

Flashy whitepapers and polished roadmaps aren’t cutting it anymore. What matters is traction, working products, clear revenue pipelines and real product–market fit.

This new capital is sharper, more selective and deeply pragmatic. Rather than chasing token pumps, they’re backing capable teams, proven studios and strong IP.

The focus is back on fundamentals like compelling gameplay, strategic partnerships and business-savvy execution.

And that discipline is exactly what the industry needs to move beyond the hype and build something that lasts.

Mainstream validation and real partnerships

The most telling sign of blockchain gaming’s maturation isn’t on crypto X (formerly Twitter) but in traditional gaming boardrooms.

AAA and AA studios are stepping in as development partners, tech collaborators and strategic advisors.

Rather than crypto projects learning to build games, established game companies are exploring how blockchain can enhance what they already do best.

Partnerships with major entertainment and sports IPs signal a real shift in confidence.

When legacy brands license their properties to blockchain games, they’re doing so because they see viable, long-term value and not for short-term novelty.

These alliances bring more than recognition. They offer seasoned distribution networks, monetization expertise and deep understanding of what makes entertainment succeed.

Rather than trying to disrupt the gaming world from the outside, the new wave of projects is integrating blockchain inside existing entertainment frameworks.

The result? Games that feel familiar to mainstream players but that also offer something truly new through digital ownership, interoperability and community-driven economies.

Why Spain is becoming a Web 3.0 gaming powerhouse

While much of the crypto world focuses on Silicon Valley or Asia, Spain is quietly emerging as one of Europe’s most dynamic hubs for Web 3.0 gaming.

Thanks to supportive policies, like regulatory sandboxes, developers can test blockchain projects in a supervised environment, free from much of the regulatory drag found elsewhere.

In 2024-2025, Web 3.0 investment in Spain is surging.

Early-stage capital is flowing into infrastructure, DeFi and gaming projects, with new funds launching to target opportunities across both Europe and Latin America.

Spain also boasts robust market momentum in emerging gaming formats.

Its metaverse gaming sector is forecast to reach $472 million in 2024 and grow to $2.7 billion by 2030. This growth mirrors rising digital media spending and gaming adoption across the country.

On the ground, Spain blends competitive dev talent, startup agility and strong connections to Latin America, giving Web 3.0 gaming projects a unique advantage – EU-level infrastructure and regulatory clarity, coupled with access to a rapidly growing Spanish- and Portuguese-speaking market.

Compared with slower, more cautious European tech hubs, Spain is fast, connected and culturally aligned with what comes next in gaming.

It’s not just joining the blockchain gaming renaissance but is helping to lead it.

The next era isn’t loud – it‘s built to last

Blockchain gaming is no longer trying to disrupt traditional gaming overnight. Instead, it’s seeking to integrate with it.

This quiet shift signals real maturity.

The projects succeeding now aren’t the loudest or most ambitious. They’re the most sustainable, the most playable and the most useful.

Builders rather than hype men are leading this new phase. They’re creating games people genuinely want to play, economies that hold up and partnerships that move the needle.

The future belongs to teams that can blend great gameplay with real-world utility, not those chasing token pumps or social media virality.

The next chapter of blockchain gaming won’t be written in pump-and-dumps.

It will be shaped by playable, investable and enjoyable experiences that put the tech back in service of the player. This isn’t a comeback. It’s a new game entirely.

Xavier Baldó is the CEO and founder of EFC and a member of the Blockchain Game Alliance. With a strong background in automation, robotics and blockchain technology, he is a visionary leader known for driving innovation and leading multidisciplinary teams.

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There are some issues with the provided BASH scripts for creating and signing Bitcoin transactions using Bitcoin-Cli.

Here is a detailed breakdown of the issue and proposed fixes:

Private key format:

Problem: private_key_1 and private_key_2 are provided as 64 characters hexadecimal strings. However, Bitcoin-Cli expects a private key in wallet import format (WIF) that usually starts with k, l, or 5 and is base58 encoded. Fix: Converts hexadecimal private keys to WIF format. You can use tools like Bitcoin Tools and Online Converters, but make sure they are operating in a safe environment to protect your keys.

Example of conversion using Bitcoin-Cli:

# Convert HEX to WIF for PRIVATE_KEY_1
WIF_PRIVATE_KEY_1=$(bitcoin-cli -regtest dumpprivkey )

# Convert HEX to WIF for PRIVATE_KEY_2
WIF_PRIVATE_KEY_2=$(bitcoin-cli -regtest dumpprivkey )

Replace and The actual Bitcoin address is linked to the private key.

Invalid input_txid:

Problem: input_txid is set to all zeros (0000 … 0000), but this is not a valid transaction ID. This causes CREATERAWTRANSACTION A command that fails because it refers to a transaction that does not exist.

Fix: Use a valid transaction ID from the blockchain (especially because it works with RegTest, make sure the transaction exists).

example:

INPUT_TXID="your_valid_txid_here"

ScriptPubkey Format:

problem: Redeem_script_hex It appears to be for Multisig setup, but I’ll make sure it matches the actual script in UTXO that I’m trying to use.

Fix: Check it Redeem_script_hex Correctly supports UTXO lock scripts. For standard P2SH or P2WSH scripts, make sure the format matches the expected pattern.

Deleted SignRawTransactionWithKey command:

Problem: Depending on the Bitcoin-Cli version, sightrawtransactionwithkey Commands may be deprecated.

Fix: Used sightrawtransactionwithkey If supported. Otherwise, consider using it sightrawtransaction withwallet Alternatively, update the script according to the latest Bitcoin-Cli documentation.

Output address verification:

problem: output_address It starts with 3not a standard prefix for RegTest. In RegTest, addresses usually start with different characters.

RegTest prefix:

Legacy addresses start with: m or n
The P2SH address starts with: 2
BECH32 addresses start with: BCRT1

address 325UUECEQUYRTD28XS2HVAXDAJHM7XZQVF
It does not conform to the standard RegTest address format.

Fix: Check output_address Valid address for the RegTest environment. You can generate a new address using:

# Generate a new legacy address in regtest
bitcoin-cli -regtest getnewaddress "" legacy

# Generate a new P2SH address in regtest
bitcoin-cli -regtest getnewaddress "" p2sh

# Generate a new bech32 address in regtest
bitcoin-cli -regtest getnewaddress "" bech32

Exchange addresses 325UUECEQUYRTD28XS2HVAXDAJHM7XZQVF Use the above command to use the address generated directly from the RegTest Bitcoin node.

Dependencies and Tools:

Problem: The script uses JQ to parse the JSON. Make sure JQ is installed on your system.

Fix: Install JQ if it doesn’t already exist.

# sudo apt-get install jq

Using sequence numbers:

problem: order It is set to 0xffffffff. This is the default and may not be necessary unless you implement certain features such as per-swap (RBF).

Modify: If not required, you can omit the sequence field in the input object.

Overall script enhancements:

Security: Avoid hardcoded private keys in scripts. Consider using environment variables or a major safe management system.

Error Handling: Add a check to ensure that each command runs successfully before proceeding to the next step. This helps you debug the problem more effectively.

example:

# Create raw transaction
UNSIGNED_TX=$(bitcoin-cli -regtest -rpcuser=alice -rpcpassword=password createrawtransaction '({"txid":"'$INPUT_TXID'","vout":'$INPUT_VOUT'})' '{"'$OUTPUT_ADDRESS'":'$VALUE'}')
if ( $? -ne 0 ); then
  echo "Failed to create raw transaction."
  exit 1
fi

# Sign transaction
SIGNED_TX=$(bitcoin-cli -regtest -rpcuser=alice -rpcpassword=password signrawtransactionwithkey "$UNSIGNED_TX" '("'$WIF_PRIVATE_KEY_1'", "'$WIF_PRIVATE_KEY_2'")' '({"txid":"'$INPUT_TXID'","vout":'$INPUT_VOUT',"scriptPubKey":"'$REDEEM_SCRIPT_HEX'","redeemScript":"'$REDEEM_SCRIPT_HEX'"})')
if ( $? -ne 0 ); then
  echo "Failed to sign transaction."
  exit 1
fi

By addressing these issues, the script must function correctly when creating and signing Bitcoin transactions within the RegTest environment.