WLFI repurchased 3.814 million tokens and destroyed 6.923 million WLFI

Daily market key data review and trend analysis, produced by PANews.

The post Vesting NFTs Surge on BNB Chain as Token Lockups Become Tradable appeared on BitcoinEthereumNews.com. Vesting NFTs surged to the top of data aggregator CryptoSlam’s daily sales volume rankings on Friday, generating over $12.4 million on BNB Chain. The sharp spike placed the niche non-fungible tokens (NFTs) product ahead of legacy digital art collections like CryptoPunks and Pudgy Penguins, signaling that investors are showing interest in new forms of liquidity for vested tokens. The activity surge also made BNB Chain the top network for daily NFT sales with about $14 million, almost doubling Ethereum’s $7 million for the day.  CryptoSlam data showed that UNCX Network, a decentralized service provider, operates the Vesting NFTs that surged on BNB Chain. The project allows users to wrap vested tokens and mint a tradable NFT voucher.  Top 10 NFTs by sales volume. Source: CryptoSlam Vesting NFTs could have billion-dollar use case Vesting is commonly used to deter early investors and team members from hastily selling their tokens for a profit and leaving the business early. Projects lock the tokens, essentially barring holders from selling them.  However, vesting NFTs has the potential to allow holders of vested tokens to access liquidity by selling their NFTs.  Vesting NFTs wrap token lockups into tradable NFTs that act as a voucher. Owning the NFT grants the holder rights to claim the vested tokens according to their programmed timeline. This allows users with locked tokens to have and trade liquidity without breaking their original vesting agreements.  While the volume for Vesting NFTs is only in the millions, crypto vesting is a deeply integrated mechanism within the crypto ecosystem.  Tokenomist data showed that in September, the crypto market released about $15 billion in vested tokens into the market. The platform also showed that a combined figure of $10 billion will be unlocked in the next two months.  Related: Ronin Treasury to start buying back millions…

The post XRP Fast Price Lane Revealed as Ripple Co-Founder Makes Bold XRP Thesis Against SWIFT ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Top market analyst Ali Martinez has suggested that XRP could be on the verge of a breakout, provided it holds above the key $2.71 support. After weeks of consolidation, the 4th-largest cryptocurrency by market cap now sits at a pivotal level that may define its next major move. As a result, Martinez identifies $2.71 as a crucial support for XRP. Historically, holding such levels during consolidation has fueled stronger buying pressure and upward momentum. If XRP sustains this floor, it could spark renewed confidence and a rally toward $3.60, an upside of 28.4% from the current price of $2.81. Such a move would also bring XRP just a stone’s throw away from its present all-time high (ATH) of $3.65. Chris Larsen Explains Why XRP Has an Upper Hand Over SWIFT Technical analyst ALLINCRYPTO highlighted Ripple co-founder Chris Larsen’s insights at a Talks at Google session, where Larsen debunked a common misconception in global payments and explained why XRP holds a critical edge over SWIFT, the decades-old financial messaging network. Advertisement &nbsp Larsen argued that comparing blockchain settlement to SWIFT is misguided, since SWIFT only transmits payment messages; it doesn’t actually move money. This critical limitation, he noted, makes it impossible for SWIFT ever to match blockchain’s real-time settlement speed. He noted, “SWIFT only deals with the data. They have a corresponding banking partner that deals with the value.” Unlike SWIFT, XRP acts as a true bridge asset, enabling near-instant settlement without intermediaries. Transactions finalize in seconds, eliminating cross-border payment friction, a capability SWIFT cannot match without overhauling its entire infrastructure. Source: https://zycrypto.com/xrp-fast-price-lane-revealed-as-ripple-co-founder-makes-bold-xrp-thesis-against-swift/