Kategorie: Altcoin News

Altcoin news about alternative blockchains and its crypto ecosystems.

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Cronos (CRO) rolls out “Smarturn” upgrade for advanced EVM features

  • Cronos EVM v1.5.0 has officially debuted today, October 30.
  • The upgrade introduces new EVM opcodes, smart accounts, and enhanced interoperability.
  • Smarturn targets a more flexible, faster, and developer-friendly blockchain.

The Cronos blockchain has announced the launch of its anticipated Smarturn upgrade, welcoming a new era in its network evolution.

The update brings significant improvements across Cronos’s Ethereum Virtual Machine (EVM), including increased interoperability, enhanced ecosystem performance, and smooth wallet functionality.

According to the announcement:

This mainnet upgrade marks a major leap in Cronos’ evolution – unlocking smart accounts, new EVM features, and improved performance for developers and users alike.

The blockchain temporarily paused operations for roughly 60 minutes to integrate the new components.

Meanwhile, services are resuming gradually as the Cronos ecosystem undergoes a key milestone.

Smarturn aims to revolutionize Cronos through speed and compatibility using its unique innovations.

Smarter accounts arrive on Cronos

The high-end EIP-7702 smart account support is at the core of Cronos’ latest upgrade. With this feature, regular user wallets (Externally Owned Account (EOA) can perform like smart contract wallets.

That helps unlock capabilities previously possible via different accounts. According to the official blog:

EIP-7702 bridges this gap by letting EOAs act like smart contracts. The assigned contract code remains valid until the account issues a new authorization, which can apply to one chain or to multiple chains simultaneously.

Individuals can now perform different activities without changing account types, including using flexible gas payment methods, personalizing permissions, batching many transactions, and programming wallet behavior.

With EIP-7702, Cronos joins the few EVM-compatible platforms boasting such a level of account abstraction, merging automated control with simplicity.

The functionality will advance DeFi platforms and decentralized applications (dApps) on the Cronos blockchain through efficiency and user-friendliness.

Performance sees a massive boost

Furthermore, Cronos upgraded its EVM’s VM to operate on go-Ethereum v1.15.11, aligning with Ethereum’s Prague and Cancun upgrades.

The update aims to make contract execution and transacting cheaper and faster.

Also, it brings comprehensive client improvements and new EVM opcodes on Cronos to enhance efficiency, developer experience, and debugging. The team added:

These opcodes collectively make contract execution more efficient for complex DeFi, gaming contracts that handle multiple operations per transaction, and other computation-heavy applications.

Together, these upgrades make the Cronos EVM runtime faster, lighter, and more developer-centric.

Enhanced interoperability and tools

Smarturn also improves infrastructure for cross-chain builders and developers.

For instance, a new RPC endpoint enables the fetching of full block data in a single query.

That’s a win for dApp backends, analytics dashboards, and blockchain explorers.

Moreover, the mempool now allows users to cancel or speed up pending transactions.

That improves responsiveness amid massive network load.

Also, Cronos has adopted IBC v2 through ibc-go v10.1.1 to bolster cross-chain communication.

CRO price outlook

The alt hovered at $0.1470 after dropping roughly 1.5% the past 24 hours.

Its daily trading volume has collapsed by more than 60%, signaling faded enthusiasm.

Nonetheless, CRO reflects the broader sentiments.

Bitcoin trades below the key $110,000 after shedding nearly 3% of its value over the previous 24 hours.

Markets lost momentum after Powell’s cautious remarks concerning a rate cut in December.

The post Cronos (CRO) rolls out “Smarturn” upgrade for advanced EVM features appeared first on CoinJournal.

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Maple Finance (SYRUP) surges 12% as protocol revenue hits record $2.16M in October

  • Maple Finance (SYRUP) price rose 12% on strong volume.
  • Gains see bulls converge near the key resistance zone of $0.50.
  • The uptick comes as Maple hits a new all-time high in monthly protocol revenue.

Maple Finance (SYRUP) price is experiencing a notable outperformance.

According to CoinMarketCap data, the on-chain asset management platform’s native token has spiked more than 12% in the past 24 hours, outpacing the broader cryptocurrency market.

Notably, gains align with the platform’s record-breaking revenue performance in October 2025, and come amid key recent developments for the Maple Finance ecosystem.

SYRUP price jumps 12%, outpaces crypto market

Cryptocurrencies showed a muted reaction to the Federal Reserve’s 25 basis points interest rate cut on Oct. 29. Prices fell amid Fed chair Jerome Powell’s speech.

Bitcoin and top altcoins also showed a similar outlook during Asian hours on Thursday despite positive U.S.-China trade talks reports.

However, amid this generally subdued crypto market reaction, Maple Finance shone.

The SYRUP token registered an impressive 12% increase over the past 24 hours as it hit highs of $0.45.

This surge saw the DeFi token stand alongside Zcash, Euler and Aerodrome Finance as some of the top performers on the day with double digit gains. While selling has token’s price off intraday highs, bulls are looking to hold near $0.42.

Maple Finance SYRUP
SYRUP price chart by CoinMarketCap

For SYRUP, gains come amid robust trading activity.

CoinMarketCap data shows a sustained bullish momentum on the back of strong trading volume of $76.4 million – up 120% in 24 hours.

As bulls gather near a critical resistance level of $0.50, it appears fresh capital flows into Maple’s offerings and significant sector traction could aid the SYRUP price.

Maple Finance hits $2.16M in monthly protocol revenue

As SYRUP holders cheer their latest gains, also on the agenda is Maple Finance’s milestone of a new all-time high in monthly protocol revenue.

Per details, Maple reached $2.159 million for October 2025. This milestone represents a significant leap from previous months.

Maple Finance
Maple Finance revenue chart from Dune Analytics

For context, revenue figures from earlier months showed a progressive climb.

The protocol started from modest levels around $100,000 in early 2024, before jumping to about $1.2 million by mid-2025. In October, that figure stood at over $2 million.

Notably, the revenue boost stems from increased activity in Maple’s lending and asset management services, which cater to institutional players seeking on-chain solutions.

Protocol fees from borrowing, lending, and yield-generating activities have increased substantially, reflecting the platform’s success in scaling its operations.

Key gains, in both price and revenue, are unfolding against a backdrop of strategic milestones for Maple Finance. One is the sunsetting of SYRUP staking to introduce buybacks.

The platform recently forged a partnership with Aave, a leading DeFi lending protocol, to introduce institutional-grade credit options.

This collaboration allows for the listing of assets like syrupUSDT on Aave’s markets, enhancing liquidity and capital efficiency for users.

Additionally, Maple recently announced reaching $5 billion in assets under management (AUM), a testament to its growing influence in managing on-chain investments.

The post Maple Finance (SYRUP) surges 12% as protocol revenue hits record $2.16M in October appeared first on CoinJournal.

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Official Trump ($TRUMP) soars 13% as meme issuer eyes Republic acquisition

  • Fight Fight Fight LLC is reportedly planning to purchase Republic’s US operations.
  • The deal might enrich the meme’s utility in payment apps and startup fundraising.
  • $TRUMP traders are enjoying profits amidst the rebound.

Bearish sentiments gripped the cryptocurrency market today as Bitcoin plunged below $110,000.

While the 2% decline in global market capitalisation confirms broader weakness, the Official Trump meme token maintained a bullish 24-hour chart.

The meme crypto extended its weekly gains to over 40% after rallying 13% the previous day.

$TRUMP continued its rally after news emerged that the company behind the project, Fight Fight Fight LLC, plans to acquire the US operations of a leading crowdfunding and investment platform, Republic.

The news stirred the digital assets community, propelling the politically charged altcoin over the last 24 hours.

What started as a satirical token tied to the US president could be evolving into a financial product that experiments with the combination of real-world finance, blockchain fundraising, and politics.

Notably, Republic offers retail and institutional investors streamlined access to startup fundraising, RWAs, and tokenised investments.

Integrating Official Trump into Republic’s ecosystem could merge meme crypto enthusiasm and real-world blockchain use cases.

Imagine investing in a themed token that funds startups, backs innovative ventures, or even supports online payments.

$TRUMP eyes real-world utility with the Republic deal

If successful, the strategic acquisition would enable Fight Fight Fight LLC to control Republic’s robust crowdfunding ecosystem.

The meme coin will possibly leverage Republic’s reputation to gain legitimacy and credibility.

Such perks can attract more investors and partnerships.

Republic’s role in fueling blockchain adoption

Republic has been vital in supporting cryptocurrency’s mainstream acceptance.

It focuses on inclusive investment models and tokenisation, allowing individuals to own fractions of real-world assets previously restricted to wealthy investors and venture capitalists.

Now, Fight Fight Fight LLC wants to gain control of Republic’s operations in the United States.

Besides boosted exposure, the deal could mean access to a regulatory ecosystem, a significant user base, and a bridge between fast-moving meme culture and traditional finance.

$TRUMP price outlook

The digital asset is trading at $8.20 after a brief correction from daily peaks.

Its daily trading volume has increased by more than 35% to $2.6 billion.

Rising volumes amid bullish price actions signal trader optimism and possibilities of continued rallies.

$TRUMP has gained over 41% the previous week, and bulls seem ready to push for more.

Moreover, prevailing whale activity suggests confidence in $TRUMP’s performance.

For instance, one trader is dominating Hyperliquid and Solana platforms with substantial bets on the meme token.

According to Lookonchain, this participant spent 5,346 Solana tokens, worth around $1.07 million, to buy 165,401 TRUMP coins on the SOL blockchain.

He entered at roughly $6.45, and is now cheering approximately $335,000 unrealized profit.

The same investor deposited $485,669 in USDC into the perp DEX Hyperliquid.

Here, the player used maximum leverage for a $9.5 million long position.

As of this writing, the trader sat on roughly $1.18 million in unrealized gains, bringing his total returns to $1.5 million.

The latest whale activity paints an optimistic picture for Official Trump in the near term.

Corporate expansion developments and the excitement around the alt as Donald Trump discusses a trade deal with China’s Xi Jinping has formed a mix of momentum and hype.

 

The post Official Trump ($TRUMP) soars 13% as meme issuer eyes Republic acquisition appeared first on CoinJournal.

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Injective (INJ) completes its first community buyback worth $32 million

  • The L1 project burns over 6.7M tokens in its first community buyback.
  • The initiative aims to reward active network participants.
  • Another buyback is slated for November, strengthening Injective’s deflationary mechanism.
Injective has taken it to X to confirm the completion of its first community-led token buyback, which started on October 23, marking a key step in the L1’s deflationary model.

The team revealed that the event burned 6.78 million INJ coins, worth roughly $32.28 million.

The strategic initiative sets Injective apart from most blockchain projects, making asset buybacks a community-driven event.

Rather than the foundation or team repurchasing tokens and burning them privately, Injective prioritizes user participation.

The layer 1 network creates a system that merges deflation with community incentives.

Such an approach ensures that active network participants benefit from Injective’s ecosystem expansion, aligning rewards between INJ holders, traders, and developers.

The announcement read:

Injective is the only chain where token buybacks directly reward the community.

Notably, Injective opened the first community buyback event for the public on October 23, with the actual repurchase and token burn occurring after a week, on October 27.

Injective’s unique buyback strategy

Injective’s community buyback mechanism adopts two powerful yet simple ways.

First and foremost, the platform permanently burns native tokens to reduce the overall supply.

Secondly, it distributes some of the value to reward users who contribute to the INJ’s ecosystem.

According to the official blog:

The Community BuyBack is a monthly on-chain event that allows anyone to take part in Injective’s deflationary mechanism. Participants commit INJ, and in return receive a pro rata share of the revenue generated across the Injective ecosystem. The INJ exchanged is then permanently burned, reducing the total supply of INJ.

Notably, the Community BuyBack basket comprises various tokens, including USDT and INJ, valued at 10,000 Injective tokens.

That design introduces a robust deflationary model, while incentivizing loyal users.

Injective maintains transparency, with all buyback information available on the dashboard.

Adopting a deflationary economy with a twist

Injective’s latest announcement is part of its broader mission to build a community-centered, sustainable token economy.

By burning native tokens every month, the project aims to reduce INJ inflation while encouraging long-term holding.

Most projects across the decentralized finance sector are embracing such mechanisms.

However, Injective has added a significant twist, involving its users in the process.

Besides strengthening trust, such an approach keeps INJ holders engaged in the ecosystem’s growth.

Also, holders will benefit from scarcity as every buyback reduces the circulating asset supply permanently.

The next burn will happen next month, in November.

INJ price outlook

The native token remained relatively muted over the past 24 hours, as bears moved the broader market.

INJ is trading at $8.66. It has consolidated between $9 and $8 over the previous week, gaining over 3% in that timeframe.

Its daily trading volume has increased by 17%, signaling renewed optimism, likely following the buyback announcement.

Nevertheless, broad market sentiments will influence the altcoin’s price trajectory in the coming sessions.

The post Injective (INJ) completes its first community buyback worth $32 million appeared first on CoinJournal.

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Ethereum Foundation launches institutional portal to boost enterprise adoption

  • “Ethereum for Institutions” helps businesses integrate with the Ether ecosystem.
  • The new platform showcases Ethereum’s role in DeFi, L2 scaling, and RWAs.
  • ETH eyes rebounds as whales accumulate.

The Ethereum Foundation has announced a new website, Ethereum for Institutions, designed to guide businesses on how to operate on-chain.

Unveiled today, October 29, the site aims to supercharge Ethereum adoption among top companies.

The official announcement reads:

Ethereum is the neutral, secure base layer where the world’s financial value is coming on-chain. Today, we’re launching a new site for the builders, leaders, and institutions advancing this global movement.

The foundations Enterprise Acceleration team created the new website to present a clear framework for firms interested in building and investing in the second-largest cryptocurrency.

Ethereum for Institutions offers case studies, resources, and access to industry leaders shaping the next phase of DeFi.

Scaling Ethereum for enterprise utility

Scalability has been among the primary challenges in Ethereum’s push for institutional-grade adoption.

Meanwhile, its L2 ecosystem, comprising projects like Arbitrum, zkSync, Base, and Optimism, is addressing that.

The foundation revealed that Layer2s secure more than $50 billion in value. The team said:

With $50B+ in total value secured, L2s provide the high-throughput, low-cost execution needed for global-scale applications – from payments to tokenization.

These platforms have gained traction for offering low costs and high throughput essential for enterprise-level utility, including real-world assets tokenization, trading, and payments.

Notably, the new website features a comprehensive L2 segment showcasing how these solutions are enabling cheaper and faster transactions while leveraging Ethereum’s robust security.

Layer 2 platforms offer the infrastructure for businesses navigating decentralized finance, stablecoins, or tokenization.

Ethereum transforms the on-chain economy

Ethereum’s new institutional website is beyond a documentation hub. It welcomes the next phase of digital finance.

It lowers entry barriers for traditional institutional navigating on-chain finance by organizing data around key sectors like DeFi, staking, restaking networks, RWAs, and DeFi.

It builds on the Ethereum vision, serving as a neutral, composable, and public infrastructure that supports financial innovation.

The blockchain continues to merge TradFi and DeFi, leveraging an ecosystem of thriving developers, high-end privacy tools, and scalability through L2 platforms.

With more institutions embracing blockchain through ETFs and digital assets strategies, Ethereum’s institutional portal offers a lucrative entry point.

The website connects global businesses with the foundation blocks of the digital economy.

ETH price outlook: whales are buying

The largest altcoin by market value is trading at $3,971 following an over 3% decline in the past 24 hours.

Its bearish trajectory mirrors the broader sector.

CoinMarketcap data shows the value of all digital currencies declined by 3% the previous 24 hours to $3.76 trillion.

Nevertheless, Lookonchain data shows large-scale investors are buying the dip.

Bitime’s new wallets have received 33,948 ETH tokens, worth approximately $135 million, from Falcon X today.

That reveals conviction in Ethereum’s possible rebounds in the coming sessions.

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