Kategorie: Altcoin News

Altcoin news about alternative blockchains and its crypto ecosystems.

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Uniswap Foundation (UNI) awards Brevis $9M grant to accelerate V4 adoption

  • Brevis will develop a trustless rebate system for routers that integrate v4 hooked pools.
  • The initiative will verify rebates automatically without centralized supervision.
  • The program aims to supercharge Uniswap v4 adoption by rewarding aggregators.

The Uniswap Foundation has awarded blockchain infrastructure company Brevis a significant grant in efforts to fuel the adoption of its recent upgrade, Uniswap 4.

According to today’s official blog, the foundation plans to allocate up to $9 million to launch and manage an innovative Hooks Routing Rebate program.

The new initiative offers gas rebates to routers that have integrated v4’s hooked pool.

Notably, the grant aims to hasten Uniswap’s version 4 adoption.

The announcement indicated:

To accelerate v4 hook adoption and make aggregator integration more rewarding, Uniswap has awarded a grant to Brevis to leverage its ZK Data Coprocessor and zkVM to deliver trustless gas rebates to any routers that route order flow through v4 hooked pools.

The decentralized trading protocol released its V4 update early this year, introducing advanced features like hooks – which are modules that developers can use to personalize liquidity pools.

Moreover, V4 launched a singleton infrastructure that merges pools under a single contract.

These upgrades introduced friendly fees, on-chain automation, and enhanced experience for decentralized application (dApp) developers.

Furthermore, v4 promised traders reduced slippage, lowered fees, and more efficient trade execution.

The January 31 blog read:

Beyond customizability, Uniswap v4 provides gas savings for both swappers and LPs. Creating new pools with v4 is up to 99.99% cheaper than in previous versions, and swappers can expect gas savings on multi-hop swaps.

Rewarding aggregators after resource-intensive tasks

Besides introducing new advancements, the upgrade brought new challenges for decentralized aggregators like Velora, 1inch, and 0X.

Decentralized aggregators are platforms that find the top trade routes by combining liquidity across different DEXs.

Previous versions had easier integrations.

For instance, Uniswap v2 adopted a constant-product approach, whereas version 3 amplified complexity through concentrated liquidity and fee tiers.

Nonetheless, v3 still ensures a consistent model.

Meanwhile, the much-awaited Uniswap version 4 allowed each pool to function independently based on the hooks it utilizes.

With that, hooks could introduce new execution ideas, apply special trading conditions, and adjust fees.

That offers the flexibility that boosts integration.

However, it made everything demanding and complex, as aggregators should familiarize themselves with how every personalized pool functions before using it to route trades.

That’s where the new rebate program by the Uniswap Foundation comes in.

The initiative allows the interoperable protocol to incentivize routers that integrate hooked pools successfully, offering up to $9 million in gas rebates.

Users will receive the rewards automatically according to their routing activity.

Meanwhile, these rebates can lower trading fees, fund ecosystem developments, and offset gas expenses.

The team said:

These rebates provide routers new economic relief to experiment with v4 hooks. Whether routers use them to offset their own operating costs, pass rebates back to traders as lower fees, or build sustainable treasuries, the result is the same: faster integrations, deeper liquidity, and better swap execution with reduced fees for users.

Uniswap’s native token, UNI, trades at $6.24 after an over 1% increase in the past 24 hours.

 

 

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Bitcoin’s institutional surge widens trillion-dollar gap with altcoins

  • A trillion-dollar valuation gap now separates Bitcoin from other tokens.
  • Altcoin market capitalisation could be $800 billion higher, data shows.
  • A US-China trade selloff erased $380 billion from crypto markets.

Bitcoin’s growing dominance in institutional portfolios has created a near-trillion-dollar gap between the world’s largest cryptocurrency and its altcoin peers, according to new data shared by 10x Research.

The report attributes this widening divide to a structural shift in investor behaviour, particularly among retail traders in South Korea, who have redirected funds from altcoins to crypto-linked equities and exchange-listed vehicles that hold tokens.

Retail shift weakens altcoin liquidity

10x Research found that altcoin market capitalisation could be about $800 billion higher if retail investors—especially in South Korea—had not channelled their funds into crypto-related stocks and other equity markets.

Altcoins, which typically rely on retail liquidity to sustain upward momentum, have failed to attract enough new capital in this cycle.

Historically, South Korean traders have been a major force behind the altcoin boom.

Local exchanges have seen altcoins account for more than 80% of total trading activity, a stark contrast to global platforms where Bitcoin and Ether dominate 50% or more of daily volume.

But that pattern has shifted sharply this year, leading to a liquidity shortfall for smaller digital assets.

South Korea’s trading activity declines

From 5 November through 28 November 2024, the daily average trading volume on South Korean crypto exchanges stood at $9.4 billion, surpassing the $7 billion traded on the Kospi stock market during the same period, according to data from CCData and the Korea Exchange.

However, since then, 10x Research noted a steep decline in crypto activity, suggesting that retail participation has cooled significantly.

The report highlights that South Korea’s declining appetite for riskier altcoins has been instrumental in their recent underperformance.

Retail investors who once drove speculative rallies in coins such as XRP, Cardano, and Solana have turned instead to listed blockchain firms and exchange-traded vehicles offering indirect crypto exposure.

This shift has contributed to the overall weakness in altcoin prices.

Market losses deepen amid trade tensions

A recent selloff in the broader cryptocurrency market, triggered by escalating US-China trade tensions, exacerbated the situation.

The correction wiped out about $380 billion from total market value, with roughly $131 billion concentrated in altcoins, according to 10x Research’s data.

While Bitcoin and altcoins both suffered declines, smaller coins bore the brunt as investors sought safety in the more established and liquid assets.

Bitcoin’s appeal as a hedge within the crypto ecosystem has strengthened, reinforcing its dominance during market stress.

The selloff underscores a changing market structure where altcoins are increasingly viewed as speculative instruments, while Bitcoin’s perceived institutional legitimacy provides it with greater resilience during downturns.

As capital concentrates around Bitcoin and select equities, the broader altcoin market faces challenges in regaining lost momentum.

The post Bitcoin’s institutional surge widens trillion-dollar gap with altcoins appeared first on CoinJournal.

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Succinct (PROVE) price eyes $1.74 peak amid volume spike

  • Succinct price jumped 20% amid a 228% spike in daily volume.
  • PROVE outpaced most altcoins in the top 100 by market cap as bulls looked to break above $1.
  • The altcoin traded higher amid a zero-knowledge proofs milestone on Arbitrum.

Succinct (PROVE) trends among cryptocurrency outperformers in the past 24 hours, with double-digit gains pushing the verifiable computation protocol’s native token to above $1.00.

As Ethereum’s Layer 2 ecosystems push boundaries in scalability and security, PROVE’s latest momentum aligns with fresh investor confidence.

Particularly, Succinct’s zero-knowledge proofs milestone on Arbitrum has coincided with the price surge.

The PROVE token mirrors gains for SynFutures, Aster and World Liberty Financial. Ethereum is also up amid CPI anticipation.

Succinct price tests $1 amid a 200% volume spike

The Succinct token (PROVE) rose sharply on Friday to test the psychologically significant $1.00 threshold.

Gains came as trading activity exploded, with PROVE climbing more than 20% from recent lows of $0.79 to highs of $1.02.

The uptick positioned Succinct as a standout performer in the altcoin space, outpacing Ethereum and other top altcoins.

Significantly, the upward pressure for the altcoin comes on the heels of a dramatic 228% spike in trading volume.

Market data from CoinMarketCap indicated Succinct’s volume exceeded $146 million as PROVE hovered above $0.98 amid a slight retreat. 

However, PROVE price has jumped by more than 137% since touching lows of $0.41 on October 11, 2025.

Bulls could eye strengthening above $1 in the coming weeks, with the target on a new all-time high. 

As PROVE hovers near $1, the combination of price appreciation and elevated volume suggests a breakout is likely.

The token reached its all-time peak of $1.73 in August 2025. Downside action could rely on critical support around $0.75.

Succinct Chart
Succinct prove chart by CoinMarketCap

Succinct hits key milestone

The crypto market has shown lacklustre action these past few days. However, Succinct has jumped by more than 32% in the past week. 

Amid this market outlook, Succinct has achieved a landmark advancement in its mission to democratize ZK proofs.

The protocol recently announced the implementation of zero-knowledge proofs tailored for Arbitrum, Ethereum’s leading optimistic rollup.

Through its SP1 zero-knowledge virtual machine, Succinct has verified real Arbitrum blocks while maintaining seamless compatibility with the Ethereum Virtual Machine and Stylus smart contracts.

By enabling ZK proofs across all Arbitrum chains, including those built on the Orbit stack, Succinct unlocks new possibilities for modular DeFi, cross-chain bridges, and privacy-enhanced applications.

For the Succinct ecosystem, it solidifies PROVE’s utility as the economic backbone for proof generation, staking, and governance. 

In August, while disclosing a strategic partnership with Tandem, the Succinct team said the integration with Arbitrum could be key to PROVE revenue. 

“Since Arbitrum chains account for ~50% of L2 TVS, our rollup market just doubled. If the SPN can monetize a fraction of that value, it will unlock hundreds of millions in revenue for our ecosystem,” they posted on X.

While volatility remains inherent in crypto markets, the milestone and other developments affirm the Succinct’s edge against industry peers.

Traders will watch the market closely for signals of upward momentum.

The post Succinct (PROVE) price eyes $1.74 peak amid volume spike appeared first on CoinJournal.

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Solana’s RWA market surpasses $700M all-time high as adoption accelerates

  • Tokenized real-world assets on Solana hit a record $707.79M.
  • RWA holders jumped 18% the past month, indicating amplified adoption.
  • Stablecoin activity on the SOL blockchain increased by 68% the last 30 days.

Amid the gloomy broader sentiments, the Solana community celebrated a key milestone.

According to RWA.xyz data, the total value of tokenized real-world assets (RWAs) on the Solana network increased by 5.8% the past month to $707.79 million, setting a fresh all-time high.

The surge reflects the current trend where traditional markets are merging with blockchain platforms.

Notably, RWA tokenization involves digitizing ownership of intangible or tangible real-world assets, including artwork, digital assets, and real estate, using blockchain technology.

Solana’s capability of handling massive transactions at cheaper costs has made it perfect for these innovations.

With its unique proof-of-stake and proof-of-history mechanisms, the crypto project can process over 65,000 TPS (transactions per second).

Syndica’s latest blog shows Solana has maintained 6x faster TPS than any other chain for eight consecutive months.

That’s the type of speed essential for handling large-scale real-world asset tokenization.

Increasing holders signal confidence

The data shows RWA holders on Solana surged to 92,526 after an 18.28% uptick in the last 30 days.

This confirms increased trust from institutional and individual investors who see Solana as the blockchain for streamlined tokenization.

Furthermore, the remarkable jump reflects the new trend of market players viewing tokenized investments as viable alternatives to traditional assets.

In total, Solana currently has 94 distinct tokenized RWAs, ranging from real estate and treasury bills to commodities.

Such diversification strengthens the SOL ecosystem. Moreover, they reduce risks as users have multiple channels for exposure.

As mainstream finance moves on-chain, Solana appears as a leading destination for tokenized products.

Its low fees, high interoperability, and speed might continue attracting serious capital in the coming months and years.

Stablecoins strengthen Solana’s on-chain economy

Besides the thriving RWA market, Solana’s stablecoin market cap soared 17.5% the previous month to $14.74 billion.

These stable tokens serve various purposes across the SOL platform, including trading, on-chain payments, and lending.

Moreover, stablecoin holders jumped 2.77% in 30 days to 11.78 million.

Most impressively, stablecoin transactions skyrocketed 68.44% in a month to $542.87 million.

Solstice Finance debuted its USX stablecoin on Solana on September 30.

SOL price outlook

Solana is trading at $189. It has lost nearly 15% of its value in the past month as broader market bearishness outweighed optimism surrounding the tokenization updates.

SOL gained more than 2% the past 24 hours, though the 13% slump in daily trading volume reflects bearish sentiment.

The token reflects the prevailing overall market downturn, but institutional interest positions it for impressive comebacks amid broad-based bull runs.

The incredible success in the tokenization industry signals Solana entering a new era of growth, fueled by real-world adoption.

 

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Mantle (MNT) kicks off 5-month global hackathon with $150K in rewards

  • The event is open to everyone, from startup teams to solo creators.
  • The hackathon runs until February 7, 2026.
  • Winning participants will enjoy a $150,000 prize pool.

Blockchain network Mantle has officially opened its first-ever global hackathon, inviting creators and developers to build innovative blockchain solutions in a five-month online competition.

The event has started today, October 22, and will run until February 7 next year, and offers up to $150,000 in incentives to winning projects.

The hackathon is open to all enthusiasts globally, with renowned developer ecosystems HackQuest and OpenBuild offering tools, exposure to new projects, and mentorship.

The event offers builders an opportunity to create practical innovations, and not hype-driven trends.

Building to solve real-world problems

Mantle has highlighted what it expects from participants of its hackathon: relevant products that tackle real user issues.

Meanwhile, the evaluation procedure will prioritize five primary pillars, including scalability, product design, technical execution, Mante integration, and market potential.

The Mantle team emphasized that successful entries should focus on market utility and not flashy demos.

Indeed, this hackathon is a platform for serious builders and not short-term speculators. They said:

Build what lasts, not just what trends. Focus on execution, usability, and real-world relevance. Most importantly, solve what users need.

Meanwhile, participants have adequate time to design and shape their innovative projects.

Registration and building start this month, with the winner announcement scheduled for February.

Creators have the time to plan, test, and polish ideas before presenting their projects to the broader cryptocurrency community and judges.

For context, the hackathon boasts a diverse judging panel comprising renowned figures in the blockchain world.

The comprehensive list includes 0x Todd, Trustless State, Notaciccap, and multiple others with experience spanning venture capital, DeFi innovation, and product development.

The massive judging team adds credibility to the event.

Moreover, their experience signals high expectations as the panel boasts expertise in evaluating projects with real-world impact and creative innovations.

Mantle and Bybit prioritize real-world solutions

The five-month hackathon coincides with Mantle’s current alliance with centralized exchange Bybit, aimed at merging liquidity providers, real-world assets, and developers.

The duo seeks to democratize the trillion-dollar industry of on-chain finance.

The initiative reflects Mantle’s mission to expand beyond a blockchain network and create an international developer community to accelerate financial innovation.

MNT price outlook

Mantle’s native token mirrored broader sentiments today.

MNT lost nearly 10% of its value over the past 24 hours to $1.64.

The faded daily trading volumes indicate trader disinterest in the tokens, as bears rattle the cryptocurrency landscape.

The value of all digital tokens plunged by 5% the past 24 hours to $3.65 trillion due to factors like tariff tensions.

Nevertheless, analysts remain confident, predicting massive rebounds in Q4 and into 2026.

Meanwhile, the ongoing hackathon could boost MNT’s utility and volumes in the coming times, which could catalyze stable price performances.

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