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AVAX Comments and Price Analysis 23 June 2025
AVAX Technical AnalysisLooking at the AVAX chart, it can be seen that a formation has occurred from early 2024. This downward formation is narrowing, and the price is trading in the middle band of this channel. Falling Channel Structure We already stated in our previous AVAX analysis that the $18.75–$17.22 support got weaker, and we see that there is a breakout below this support area. Even though the price has reached the $17.20 zone again with a retest of the fall, a test to the lower band of the descending channel can be expected so long as the price can’t exceed the level of $18.The price is likely to see a resistance around this level. The downtrend has been continuing with this fall; however, in case the price turns upwards, the first level to exceed will be $20, and then $24 seems to be important resistance levels.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during the transactions.
What is Render (RNDR)?
Digital content production - especially in the areas of 3D modeling, animation and visual effects - requires more and more processing power. Traditionally, such projects require powerful and expensive hardware or the use of costly centralized render farms to complete. This can be a significant barrier, especially for independent artists and small-scale studios.On the other hand, millions of Graphics Processing Units (GPUs) around the world are often sitting idle on personal computers or workstations, leaving this potential largely untapped. This is where Render Network comes in. The answer to the question of "what is Render Network" can be summarized as a decentralized rendering network that offers unused GPU power to content producers. Also, it is mentioned as "GPU render blockchain". Thanks to the transparency and reliability offered by blockchain technology, a GPU rental marketplace is created within the network.At the center of this system is the Render Token (RENDER), formerly known as RNDR. Users pay for renders on the network with the RENDER token, while Node Operators who provide GPU power earn RENDER tokens for their services. In other words, a win/win structure has been created for both the party using and providing the processing power. In short, the question of what is Render and what is RNDR Coin can be answered as follows: It is the crypto asset that enables the Render Network to work and enables the transfer of value within the network. Let's take a look at how this innovative system emerged and how it has evolved over time...Definition and Origin of RenderRender Network was developed to solve one of the biggest pain points for digital content creators: Access to the intense computing power required for high-quality 3D rendering. At this point, the answer to the question “What does Render Token do?” becomes clear. The RENDER token is used to access and pay for computing power on this network.The system brings together rendering power from different locations through a decentralized structure. Users, called “Creators”, send their rendering needs to the network. These jobs are processed by “Node Operators” around the world, people who connect their idle GPUs to the network. Management of the rendering process is enabled by blockchain technology and smart contracts. Thanks to this structure, transactions are both transparent and reliable. Architecture of the render network. Source: DFG When we look at the history of Render Network, we see that it is directly linked to a company called OTOY. Render Network was actually born as an initiative of OTOY Inc. Founded in 2008, OTOY had already established a strong foothold in the industry with its cloud-based rendering solutions offering cinema-quality 3D graphics. The foundations of Render Network were laid in 2009 by Jules Urbach, CEO of OTOY. The goal was quite clear: To bring together those who need GPU power and those who can provide this power on a decentralized platform.One of the major milestones of the project came in 2017. That year, the Render Token was officially introduced and the system was commissioned. With this development, a direct link was established between content producers (artists, studios, developers) and GPU owners. This made access to high processing power much easier and more affordable.This system is especially advantageous for those working in fields such as animation, cinema and gaming, while also providing a vital resource for today's rapidly rising artificial intelligence projects. Traditional cloud-based rendering solutions are not always cost-effective. In such cases, Render Network stands out as a more flexible and scalable alternative. Screenshot of the AI Generator section on the render taken from an example user. Source: Render Network The History of Rendering: Key MilestonesRender Network's journey from idea to decentralized, global network has involved many critical steps over the years. Here are the notable milestones in this journey:2009 - Formation of the vision: The foundations of Render Network were laid by Jules Urbach, CEO of OTOY Inc. The goal was to create a decentralized rendering network to provide content creators with high processing power at an affordable cost.2016 - Establishment of the project: The Render Token project was founded in 2016 under the leadership of Jules Urbach. The goal was to build a peer-to-peer GPU rental network.2017 - Project launch and first token sale: Render Token (RNDR) was officially announced in 2017. The first public token sale took place between October 6-12. The price per token was $0.25 and a total of 4.65 million RNDRs were sold. The project's whitepaper was published on August 28, 2017.2018 - Private sale and beta process: A private token sale was organized between January and May 2018. In the same period, tests were conducted with the first users through the test network called “RNDR Beta Testnet”. In this process, node operators and content producers directly contributed to the development of the system. The total supply was announced as 536,870,912 RNDR.2019 - Genesis mainnet launch: On June 24, 2019, the project moved from the Ethereum testnet Ropsten to the mainnet. This was an important milestone for real transactions to start running on the network.2020 - Active use of the mainnet: As of April 27, 2020, Render Network's mainnet officially went live. Content creators can now rent GPU power with the RNDR token. At this time, the network was still being tested by early users. Also in March 2020, 4.5 million RNDR tokens were planned to be purchased on the Probit exchange.2021 - NFT and Metaverse connections strengthened: Render Network's vision has always encompassed the NFT, GameFi and Metaverse. Especially with artists like Beeple (Mike Winkelmann) and Raoul Marks working on the Render Network, this connection became even more visible. Render became an important tool that provided the necessary infrastructure for the production of virtual worlds and digital art.2023 - Solana transition and network restructuring: On January 20, 2023, the Render Network Foundation was established. This foundation was created to sustain the Render protocol and grow the community. In March 2023, the community approved the migration of the Render Network from Ethereum to the Solana network. This was a critical step to increase transaction speeds and integrate more easily with DePIN projects. The ERC-20-based RNDR token converted to the SPL-based RENDER token, and the new token was launched on November 2, 2023. In the same year, the roadmap and whitepaper were updated, the Discourse platform was launched for community interaction, and the 2023 Grant Program was launched.2024 - AI-powered rendering solutions come to the forefront: From 2023, rapidly growing AI interest and GPU demand created a new opportunity for the Render Network. The network started to offer infrastructure for users who wanted to train AI models or produce AI-based graphics. These developments contributed to the positioning of the RENDER token as an “AI rendering coin”. In March 2024, the RNDR price saw historic highs in the range of $13.53-13.57. This rise was attributed to the AI narrative and the growing need for GPUs. In the same period, mechanisms such as BME (Burn and Mint Equilibrium) and RFC (Request For Compute) increased the scalability and efficiency of the network. The coin is trading at $4 as of April 2025. Render coin price since launch Why is Render valuable?The value of Render Network lies not only in the technology it offers, but also in the fundamental problems it solves and the innovative approaches it brings to content production.Access to decentralized, affordable and fast rendering powerTraditional rendering solutions often suffer from high hardware costs, long processing times and limited access. Render Network brings together idle GPUs from around the world to create a decentralized rendering pool. This structure allows content creators to access the processing power they need on-demand, more affordably and flexibly. This allows artists and studios to complete projects faster and more efficiently without investing in expensive hardware.Industry diversity and high utilization potentialRender Network can be used not only by 3D artists, but also by filmmakers, game developers, architects, VR/AR projects, scientific researchers and many more. Render's infrastructure is also vital for Web3-oriented applications such as NFT production and metaverse projects. This wide range of uses directly increases the value of the RENDER token within the network.Passive income opportunity for GPU ownersRender Network provides economic benefits not only for content creators but also for users who provide technical infrastructure. Individuals with powerful GPUs become “Node Operators” by connecting their hardware to the network and are rewarded with RENDER tokens for their transactions. This not only utilizes idle resources efficiently, but also creates a passive income model for participants.Two-sided economic modelRender Network's GRPU rendering blockchain-based marketplace structure directly connects content creators and GPU providers. This system eliminates the need for hardware investment for creators, while enabling node operators to generate revenue. A transparent payment infrastructure governed by smart contracts ensures a secure and fair environment. The Render network also protects creators' intellectual property with digital rights management features.Increased performance with Solana migrationThe transition from Ethereum to the Solana network was a strategic move to improve the scalability and transaction efficiency of the Render Network. Solana offers lower transaction fees and faster speeds, allowing rendering to run more smoothly. This transition was important for Render to reach a wider user base and support growing use cases more efficiently.Continuous development and rising role in AIRender Network stands out not only for the infrastructure it provides, but also for its ability to adapt quickly to changing technology trends. The increasing demand for GPUs in artificial intelligence (AI) has further expanded the use cases for Render. Render has started to play an active role in this growing market, supporting processes such as training AI models and processing AI-generated visual content.RENDER coin use casesThe RENDER token, one of the basic building blocks of the Render Network, enables many functions within the network. Working as both a payment instrument and a reward mechanism, the token is also critical to the governance and sustainability of the system.Payment Instrument: Creators pay for renders using the RENDER token or Render Credits, which are bought for fiat.Reward Mechanism: Node operators who perform rendering operations are rewarded with RENDER tokens for their work.Proof-of-Render System: The entire process is carried out transparently, with data being broken down into small chunks, encrypted and verified on the blockchain. Once the job is complete, the output is confirmed and the operator is paid.BME (Burn and Mint Equilibrium): A quantity of tokens is burned in each transaction, after which new tokens are minted and distributed to operators. This stabilizing structure regulates the total supply of tokens, creating a potential deflationary model.Governance: RENDER is also the governance token of the Render DAO. Token holders contribute to the development of the network by voting on Render Network Proposals (RNP). Voting rights are determined by the amount of tokens held.The total supply of RENDER is limited to 536,870,912 tokens. The majority of tokens are held in escrow accounts, while the remainder is reserved for sales and network reserves. The Burn and Mint system works continuously to stabilize token circulation.Who is the Founder of Render?Jules Urbach, founder and CEO of OTOY Inc. is the man behind Render Network. Globally recognized in the fields of computer graphics, streaming technologies, 3D rendering and cloud computing, Urbach is a technology leader with over 25 years of experience and more than 70 patents. The core vision of Render Network was directly shaped by his foresight and guidance.Founded in 2008, OTOY is known for its GPU-based cloud graphics technologies and has created innovative, Oscar-winning projects in the motion picture industry. Jules Urbach initiated the idea for Render Network in 2009 and realized this vision in 2016 with the Render Token project. He has been at the center of OTOY's entire development process, both drawing its technology roadmap and setting its strategic direction.Prior to OTOY, he developed the web's first 3D video game platform, partnering with global companies such as Disney, Warner Bros, Nickelodeon, Microsoft, Hasbro and AT&T. This demonstrates his deep expertise in content technologies.Jules Urbach's vision of decentralized rendering is inspired by books about the future such as “Life After Television” and the idea of a fully immersive, interactive 3D digital universe. According to him, the blockchain-based Render Network could play a key role in realizing this vision. His goal is to make the metaverse and the future of digital content production more accessible, fair and scalable.The development of the Render Network has been driven not only by Urbach's leadership, but also by a strong team and an impressive advisory board. The advisory board includes key figures from the worlds of media, technology and Web3. These include:Ari Emanuel (co-founder and co-CEO of WME/Endeavor),J.J. Abrams (President and CEO of Bad Robot Productions),Beeple (NFT artist Mike Winkelmann),Brendan Eich (creator of JavaScript and co-founder of the BAT token).OTOY has already expanded the Render Network's potential use cases by signing deals with major media companies such as Disney, HBO, Facebook and Unity. The company's OctaneRender software is described as the world's first and fastest GPU-accelerated, physically correct rendering engine. Simply put, this software allows you to produce realistic visuals much faster using the graphics card in your computer. OctaneRender has been used in productions such as HBO's Westworld, Netflix's The Crown and Altered Carbon. OTOY's partners. Source: Otoy Frequently Asked Questions (FAQ)We have brought together the most frequently asked questions about Render Network. From the operation of the project to the use of RENDER token, you can find answers to the most frequently asked questions in this section:What is Render Token (RENDER) and what does it do? The RENDER token is the native cryptocurrency of the Render Network. Within the network, content creators pay for renders, while users who provide GPU power are rewarded with this token. The Render Network aggregates unused GPUs from around the world to provide decentralized and cost-effective rendering power to creators. With this system, creators can avoid high hardware costs, while GPU owners can monetize their idle resources. RENDER simplifies access to the computational power needed for projects in areas such as gaming, media, VR/AR, NFT and metaverse.How to use RNDR token for rendering? Users who want to render join the Render Network as a Creator. Renders are submitted in ORBX format using OctaneRender or a supported plugin. The required amount of RENDER is calculated by the system according to the submitted render job. The user selects and pays for a render tier according to the complexity of the job. The payment can be made with RENDER tokens (or Render Credits in fiat). However, node operators are only paid in RENDER tokens. Once the render job is submitted to the network, an appropriate node operator completes the transaction. During the process, the progress can be tracked via OctaneRender. Once the job is completed and approved by the user, the payment is transferred to the operator.When was the Render Network established? The idea phase of the Render Network was started in 2009 by Jules Urbach. The project was officially launched in 2016. The first public RNDR token sale took place on October 6-12, 2017. In 2018, a private sale and beta testing process was conducted. On June 24, 2019, the “Genesis” mainnet was launched on the Ethereum mainnet. So, when did Render coin launch? The coin waited for the mainnet launch. As of April 27, 2020, the Render network became generally available.Is the RNDR token suitable for investment? The positives of Render include increased GPU demand, support for growing areas such as AI and the metaverse, scalability, and BME (token supply stabilization system). Possible risks include market volatility, technical issues, regulations and competition. So every investor should do their own research and consult an expert if necessary.Which platforms can the RENDER token be used on? RENDER is used on the Render Network to pay for rendering jobs and provide GPU power. Participation and operation in the network requires the OctaneRender software developed by OTOY. The token is traded on many centralized and decentralized exchanges such as Coinbase, Kraken, KuCoin, HTX. RENDER tokens can be securely stored in hardware wallets such as Ledger Nano S or X. Render Credits, which can be purchased with fiat money, are also available, but only for rendering services; operators are paid with the RENDER token.What did the transition to Solana bring to Render Network? In March 2023, after a community vote, the Render network switched from Ethereum to Solana. With this transition, the RENDER token was upgraded from the ERC-20 standard to the SPL token standard. The goals included faster transactions, lower transaction fees, and easier integration with DePIN projects. In addition, Solana's compatibility with NFT and metaverse technologies offered a significant advantage for Render's future growth. The new token was launched on November 2, 2023, at the same time the whitepaper was updated, new platforms for community engagement were introduced, and a grant program was launched.For more on Render Network and Web3-based creative economy projects, be sure to follow our JR Kripto Guide series!
What is Binance Coin (BNB)?
BNB is a cryptocurrency that was originally introduced as Binance Coin. The core asset of the Binance ecosystem, BNB is issued by the Binance exchange. Simply put, BNB is Binance's own crypto coin. It is used to trade on the Binance network while offering users benefits such as transaction fee discounts. The story of BNB dates back to the summer of 2017. So, when exactly did BNB launch? The coin was launched in an Initial Coin Offering (ICO) between June 26 and July 3, 2017. At the time, 2,700 BNB were sold for 1 Ethereum and a total of 200 million BNB were offered. 100 million were offered to the public, while the rest were reserved for the core team and investors.Initially, it was running on the Ethereum network on the ERC-20 standard. But in 2019, Binance launched its own network, Binance Chain (later BNB Beacon Chain). During this ERC-20 to BSC transition, ERC-20 BNBs were moved to Binance's own network in a one-to-one ratio. In 2020, a new network called Binance Smart Chain (BSC) was launched. BSC enabled Ethereum-compatible smart contracts, and BNB gained an active use in this network as well. In 2022, these two networks merged under the name “BNB Chain”. In summary, BNB has become an important cryptocurrency used in Binance's blockchain networks while providing transaction fee discounts on the Binance exchange. But there is more to know about BNB. Let's take a look at the story of BNB together!Definition and Origin of BNBThe emergence of BNB (Binance Coin) dates back to the ICO process in 2017. This ICO, led by Binance founder Changpeng Zhao (CZ), took place on June 26-July 3, 2017. At that time, BNB tokens, which were sold at the rate of “1 ETH = 2,700 BNB”, were produced over a total supply of 200 million. During Binance's founding phase, 100 million BNB were sold to the public, with the remaining supply split between the core team and investors. At the time of the ICO, the price of BNB was around $0.10 and around $15 million was raised.Soon after, with the launch of the Binance exchange in July 2017, BNB tokens attracted significant interest. However, these tokens initially entered the market as an ERC-20 token on the Ethereum chain. Users converted the ERC-20 BNBs they held in their Binance wallets into BEP-2 tokens at a 1:1 ratio when the Binance Chain main network was launched in 2019. Thus, BNB was moved to Binance's own blockchain and used for transaction fees.When Binance Chain launched in April 2019, 11 million BNB were initially burned and 48 million tokens were frozen (reserved). The remaining 141 million tokens began circulating in the market. Soon after, in September 2020, a new blockchain called “Binance Smart Chain (BSC)” was launched. BSC works in parallel with Binance Chain, bringing smart contract support and staking to BNB. BNB was introduced as a transaction fee token on BSC with the BEP-20 standard. By the end of 2020, the BNB Chain ecosystem became the home of DeFi projects and NFTs thanks to its smart contract platform. The BNB Chain ecosystem. Source: BSC Daily In the process, BNB was born as a token we used to pay a discounted transaction fee on Binance's centralized exchange. Over time, it has taken on the role of a “gas fee” on its own blockchain and has found countless new uses in the ecosystem. In short, BNB's definition and purpose is to add value to the Binance ecosystem and offer benefits to its users.History of BNB: Key MilestonesBNB has seen several major developments, driven by the Binance exchange, which has long been the global leader in terms of daily trading volume. The major milestones can be summarized as follows:2017 (ICO and Initial Offering): BNB entered the crypto world with its ICO in July 2017. A total of 200 million tokens were offered; half were offered to the public, half were distributed to investors and the core team. Approximately $15 million was raised from this ICO. At that time, BNB appeared on the Ethereum (ERC-20) network. At this point, searches for BNB coins went through the roof.2019 (Binance Chain Mainnet): On April 18, 2019, the Binance Chain mainnet was launched. Binance made a 1:1 swap to convert ERC-20 tokens to the BEP-2 standard. This is the day BEP-2 BNB was born. The total supply remained stable at 200 million; 11 million BNB were burned in the first phase, 48 million BNB were frozen (reserve). The remaining 141 million tokens entered circulation. At the same time, with the launch of Binance Chain, BNB is now used for on-chain transactions as well as exchange functions.2020 (Binance Smart Chain): Binance Smart Chain (BSC) went public on September 1, 2020. BSC became an Ethereum-compatible blockchain that runs parallel to Binance Chain. With this new chain, smart contract and validator features were added to BNB. BNB became a gas fee token on BSC with the BEP-20 standard and the staking mechanism was activated. BSC has spread rapidly as a DeFi alternative with low transaction fees and high speed. Binance Chain and BSC merged into one under the name BNB Chain by 2022. Development and functioning of BNB Chain 2021-2022 (Bruno Fork and Innovations): Towards the end of 2021, an update called “Bruno” was released. This hard fork aimed to accelerate BNB burning. Around the same time, the BEP-95 upgrade came into effect, automatically burning some of the transaction fees on the BSC. These steps reinforced the deflationary nature of BNB. In February 2022, Binance Chain and Binance Smart Chain were renamed BNB Chain; a large blockchain ecosystem centered on BNB was announced.2023-2025 (New Projects and Burns): The BNB Chain ecosystem announced innovative projects such as opBNB (layer-2) and BNB Greenfield (distributed storage) in 2023. On the other hand, Binance continued to hold regular quarterly BNB burns. If we look at the latest data, the 30th and 31st rounds of burns in the first quarter of 2025 removed a total of approximately $916 million worth of BNB from circulation.In this historical process, BNB has evolved from an ICO to a centralized exchange token to a gas coin of a multi-chain ecosystem. Now, BNB not only provides advantages on Binance's centralized platform, but is also an important tool that runs many applications on the BNB Chain.Why is BNB valuable?The value of BNB is primarily driven by its diversity of uses and its deflationary nature. The most prominent reasons are the following:Exchange token and transaction fee discount: BNB is the native token of the Binance exchange. This means that Binance users get significant discounts when they pay trading fees with BNB. For example, in the early years, this discount was up to 50%. Today, the use of BNB still reduces transaction costs on the exchange. BNB is also available as a transaction fee on platforms like Binance DEX.The transaction fee token: BNB is the gas coin on the BNB Smart Chain (BNB Chain). This means you pay BNB when you want to run any smart contract, token swap or wallet transaction on BSC. This makes BNB the main fuel for all DeFi, NFTs, and dApps on the BSC network. As Binance Smart Chain emerged as a low-cost and fast network, BNB became a prerequisite for entry.DeFi and the NFT ecosystem: With the popularity of BSC, BNB has found a place in DeFi protocols. For example, on decentralized exchanges such as PancakeSwap, BNB is used as a pool token and to participate in liquidity pools. In lending protocols like Venus, BNB is a collateral and reward tool. In addition, the Binancé NFT marketplace and other dApps also accept BNB as a means of payment. In short, BNB is active as the primary cryptocurrency in thousands of projects built on BSC.Launchpad and investment opportunities: Platforms like BNB Launchpad use BNB to invest in new projects. Those who want to participate in token sales offered on Binance Launchpad typically pay a participation fee in BNB. Therefore, BNB is needed to gain early access to new crypto projects. The more widely BNB is used, the easier it is to participate in projects through mechanisms like launchpad.Staking and becoming a validator: Since BSC has a Proof-of-Staked Authority (PoSA) consensus mechanism, you can contribute to the network by staking BNB. According to the BNB Smart Chain launch, anyone can become a validator by staking BNB. Thus, BNB holders can earn rewards by participating in block creation and validation. It's also possible to accumulate BNB and earn interest through services like Binance Earn.Liquidity: Because Binance is the world's largest exchange, BNB is constantly being traded. This increases BNB's liquidity and supports its value. Assets like BNB, which are known as “centralized exchange tokens” on centralized exchanges (e.g. CRO, HT, etc.), often move in tandem with exchange success. The volume of BNB in the market is very high and continues to attract interest despite geopolitical or market volatility.Deflationary burning mechanism: BNB is a deflationary cryptocurrency. It was initially promised to permanently destroy half of the total supply (100 million BNB). Binance fulfills this promise by buying back and burning BNB with a portion of its profits each quarter. Also, thanks to updates to the BNB Chain, such as BEP-95, a small fee from every transaction on BSC is automatically burned. Reduced supply theoretically makes every BNB more scarce and valuable. This deflationary structure is also an important factor supporting the value of BNB. Automatic BNB burning mechanism that takes place every quarter. Source: BNBBurn.info The combination of these features makes for a powerful ecosystem. In a nutshell, BNB is a versatile token with a “finger in everything”. It plays a role in many areas such as discounts on the Binance exchange, transactions on BSC, DeFi/NFT applications, investment in new projects. And thanks to its transparent burning program, its supply is constantly decreasing. For all these reasons, BNB is a valuable and in-demand asset in the crypto ecosystem. The BNB token price reflects this. As of April 2025, BNB is trading at $601.44. The all-time high price was recorded as $793.35 on December 4, 2024. The lowest price was $0.0961 on August 1, 2017. Chart showing the price movements of BNB since its launch. Who is the Founder of BNB?So, who is the founder of BNB coin? The name behind BNB and the Binance exchange is Changpeng Zhao (often referred to as CZ). But who exactly is “CZ Binance”? CZ is a Chinese entrepreneur and well-known in the crypto world. He started his career at Bloomberg in 2001, working on financial software. He later joined the financial firm Fusion Systems. In 2013, he became a developer team manager at Blockchain.info (now Blockchain.com). In 2015, he developed the idea for Binance while working at OKCoin, a Chinese cryptocurrency exchange. In 2017, Changpeng Zhao founded the Binance exchange and became its CEO. At the same time, he also launched the BNB token, creating Binance's own cryptocurrency. Through quick strategic decisions and aggressive growth plans, CZ quickly built Binance into one of the largest crypto exchanges in the world. This success has directly increased the popularity and value of BNB. One of Binance's co-founders is He Yi. However, CZ often stands out as the spiritual leader of BNB. Binance founder and former CEO Changpeng Zhao In 2023, Zhao stepped down as CEO and agreed to pay a $50 million fine for violating US anti-money laundering laws. Binance also agreed to pay a $4.3 billion fine. In 2024, Zhao was sentenced to four months in prison for condoning money laundering. Richard Teng was appointed as the new CEO of Binance, replacing Zhao. Zhao, however, continues to maintain his influence in the cryptocurrency industry. It is stated that it plans to make investments especially in artificial intelligence and biotechnology and focuses on developing educational platforms.Frequently Asked Questions (FAQ)You may still have questions about BNB and the Binance ecosystem. Below, we'll explain what BNB is, how it works, its uses, and its relationship with Binance:What is BNB and what does BNB do?: BNB is a cryptocurrency on the Binance platform and stands for “Build and Build” (formerly Binance Coin). BNB offers trading fee discounts on Binance's exchange, and is used to trade on Binance Chain (BNB Chain) and Binance Smart Chain. In short, BNB works as the fuel for Binance's vast crypto ecosystem. BNB is also useful in many areas. Its most well-known feature is that it provides transaction fee discounts on the Binance exchange. Also, in response to the question of what Binance coin does, BNB is used to pay the fee (gas) of all transactions on the Binance Smart Chain. Apart from that, BNB also serves different purposes such as participating in new token sales on Binance Launchpad, buying NFTs, paying with Binance Card. In other words, BNB is a versatile coin with both in-exchange benefits and a wide range of uses in blockchain applications.How to buy Binance Coin: To buy BNB, you first need to create an account on the Binance exchange and complete the authentication process. You can deposit fiat money into your account via credit card, bank transfer or other supported payment methods. You can then select BNB from the “Buy Crypto” tab to make the purchase. Alternatively, you can trade BNB directly with other users via Binance's P2P platform. You can store your purchased BNB in your Binance wallet or transfer them to supported wallets such as Trust Wallet.What is BNB coin burn: BNB burning is a process to reduce the amount of BNB in circulation. Every quarter, Binance permanently removes a certain amount of BNB from circulation by buying it back from the market. This is designed as a deflationary mechanism to maintain and increase the value of BNB. Launched in 2021, the automatic burn mechanism determines the amount of BNB to be burned based on the BNB token price and the number of blocks on the BNB Smart Chain. The goal is to reduce the total supply to 100 million BNB.Where is BNB used? BNB is used in many areas in the Binance ecosystem. It provides discounts when used to pay trading fees on the Binance exchange. BNB is required to invest in new projects on Binance Launchpad. It is also used as a means of payment in DeFi apps, NFT marketplaces and various dApps on Binance Smart Chain. BNB is also accepted as a payment method in areas such as travel bookings, entertainment and online services.Can BNB be staked: Yes, BNB can be staked. So, what is BNB staking? Binance Smart Chain uses the Proof-of-Staked Authority (PoSA) consensus mechanism and users can contribute to the security of the network by staking BNB. In exchange for the staked BNB, users earn rewards. BNB staking can be done on the Binance platform through services such as “Binance Earn” or “BNB Vault”. It is also possible to stake BNB through supported wallets such as Trust Wallet.Is the supply of BNB limited: Yes, the total supply of BNB is limited. Initially, there was an initial supply of 200 million BNB, which is being reduced by Binance's regular burns. The goal is to reduce the total supply to 100 million BNB. This limited supply and regular burn mechanism supports a deflationary structure designed to maintain and increase the value of BNB.Follow our JR Kripto Guide series for the latest content on BNB and the Binance ecosystem!
What is Aave (AAVE)?
With the wind of DeFi (decentralized finance) in the crypto world, it has become possible to give and receive loans without banks. Aave is one of the major protocols at this point. Aave is an open-source lending and borrowing protocol running on the Ethereum blockchain, which allows users to lend and borrow crypto assets without the need for intermediaries. In short, thanks to Aave, you can get a loan with collateral or start earning interest by providing liquidity with a few clicks from your wallet. Here's everything you need to know about this interesting crypto project, which has become a giant since its launch...Definition and Emergence of AAVEAave is one of the leading protocols in the world of decentralized finance (DeFi). Basically, it is described as a non-custodial and open-source liquidity protocol that allows users to borrow, lend and earn interest on crypto assets. It works without the need for intermediary institutions in the traditional financial system. The answer to the question of what is Aave is that this platform functions as an Ethereum-based credit system. As a defi lending protocol, it allows users to interact directly with each other or with the platform's liquidity pools through smart contracts. Users can earn interest by supplying their assets to liquidity pools, while they can access funds through collateralized borrowing from these pools. An example of Arbitrum Market (V3) based loanable coins on AAVE. Source: Aave.com Aave has its origins in a project launched in 2017 under the name “ETHLend”. The initial concept of ETHLend was to provide a peer-to-peer platform for decentralized finance applications that matches borrowers and lenders. The project raised nearly $17 million in funding through a successful Initial Coin Offering (ICO). However, the peer-to-peer model faced liquidity issues and inefficiencies, especially during the bear market in 2018. These challenges pushed the team to completely redesign the platform. A new parent company, Aave, was established in late 2018. Aave means “ghost” in Finnish. The new platform implemented a liquidity pool system where lending rates are determined by an algorithmic function.The ETHLend platform was closed with the launch of Aave V1 in January 2020. This rebranding and technological shift made Aave a major player in the DeFi space. Aave offers a secure and efficient money market that automates credit transactions with smart contracts.AAVE's History: Key MilestonesAave's evolution has paralleled the growth of the DeFi ecosystem. Here are the main stops on Aave's journey:Founded in 2017: The project was founded as ETHLend by Finnish entrepreneur Stani Kulechov. A lawyer with an interest in RegTech (Regulatory Technology), Kulechov was exploring how digital solutions could change the legal and regulatory functions related to finance. ETHLend held an ICO in November of the same year, and this is generally considered the starting point for the Aave launch date. The ICO issued 1.3 billion LEND tokens, 75% of which were offered in a token sale. About 17 million dollars in funding was raised. The initial concept was based on peer-to-peer lending.In 2018, the first steps for Aave were taken: Towards the end of 2018, a new parent company called Aave was established and the new liquidity pool model of the Aave lending platform was designed.In 2020, the rebranding happened: The Version 1 (V1) platform of the rebranded Aave protocol went live in January 2020. With this launch, the ETHLend platform was shut down. V1 offered a system using liquidity pools and algorithmic interest rates. In December of the same year, Version 2 (V2) was launched. V2 built on V1 and focused on new risk mitigation features and improved capital efficiency, taking into account the exponential growth of the DeFi ecosystem. Also in 2020, LEND tokens were converted into Aave tokens at a 100-to-1 ratio, resulting in a total of 13 million Aave tokens. An additional 3 million Aave tokens were created for the project reserve and protocol incentives. The management of Aave was transferred from the for-profit organization to token holders. Additionally, Aave Companies received investment in October 2020 with a $25 million venture capital round.2021 Aave Pro was released: Aave consolidated its dominance in the DeFi space. The Aave Pro (later rebranded as Aave Arc) platform targeting enterprise users was launched in July. Due to high Ethereum gas fees, the decision was made to expand to Polygon in April, then Avalanche.In 2022, it expanded to Polygon, Avalanche, Arbitrum, Optimism: Nearly 2 years after Aave V2 was released in December 2020, Version 3 (V3) went live on six different blockchains (including Polygon, Avalanche, Arbitrum, Optimism) in March 2022. V3 is the most significant upgrade to the Aave protocol. It introduced innovations such as multi-chain support (such as Polygon, Avalanche, Arbitrum, Optimism, Base) and the “Portal” feature. The Portal feature aims to increase cross-chain mobility by allowing cross-chain bridges to mint and burn aTokens representing Aave deposits. V3 also offers enhanced risk management tools (Isolation Mode, Efficiency Mode - E-Mode, Siloed Borrowing), improved capital efficiency and approximately 25% lower gas fees. The differences between V1, V2 and V3 can be seen in the table below:FeatureV1V2V3Launch2020Late 20202022Flash Loans✔️✔️✔️Cross-Chain❌PartialFull supportRisk ManagementLimitedIntermediateAdvancedGas Optimization❌Partial✔️ (approximately 25% lower)GHO launched in 2023-2024: Aave's native stablecoin GHO was launched on the Ethereum mainnet in July 2023. GHO is an algorithmic stablecoin backed by collateral surplus. As of April 2024, GHO was also deployed on the Arbitrum network via Chainlink's CCIP protocol. The Aave DAO plans to launch GHO on multiple networks over time. In November 2023, Aave Companies announced its rebranding to Avara and the acquisition of Ethereum-based crypto wallet Family in an effort to expand its Web3 reach. Aave Protocol and Aave Labs will continue to exist under Avara's umbrella brand. The company aims to go beyond DeFi and bring Web3 to global users with different use cases. Projects such as the decentralized social networking protocol Lens are also under the Avara umbrella. A V4 launch is also planned.Why is AAVE valuable?How Aave works and why it is important can be summarized in the following points, based on the main benefits offered by the protocol:The unbanked financial system puts Aave at the forefrontAave works without a central authority or intermediary. Users have the ability to borrow collateral and earn interest by lending their crypto assets, even if they do not have access to the traditional banking system. This democratizes access to financial services. This means that users have full control over their funds (non-custodial).One of the pioneers of the DeFi ecosystemAave is seen as a pioneer in the decentralized lending space. It brought an innovative solution to scalability issues in the industry by moving from ETHLend's peer-to-peer model to liquidity pools. It introduced revolutionary features such as flash loans. These are known as unsecured loans where the borrowed amount is repaid within the same blockchain transaction. In particular, the requirement of repayment within a “one-block” transaction makes flash loans unique. In the DeFi ecosystem, Aave is in the “lending” section. Source: Tokeny High liquidity, risk management and collateral structureAave is one of the largest DeFi protocols and hosts billions of dollars of Total Locked Value (TVL). This high TVL provides a deep pool of high liquidity for borrowing and lending on the platform. Liquidity pools allow lenders to deposit tokens and earn the bulk of the fees and interest that borrowers pay.Borrowers often have to maintain a collateralized borrowing position that exceeds the value of the borrowed funds. This overcollateralization mechanism protects the protocol and users and helps to ensure stability. Aave dynamically adjusts parameters such as LTV (Loan-to-Value) ratios and liquidation thresholds to reduce the risk of loans. Features introduced in V3, such as Isolation Mode and Siloed Borrowing, make it possible to list less liquid or more volatile assets as collateral, while improving overall protocol security. While sources mention specific collateral ratios such as 55% LTV (i.e. 200% collateral) using the LEND token during the ETHLend era, features such as E-Mode in Aave V3 could improve efficiency by providing higher borrowing power for certain correlated assets. Transparent structure and support for multiple blockchainsAave works completely transparent with its open-source structure. All transactions can be seen on the blockchain, users can connect with their wallets and track both past transactions and the current status of the protocol. The system, which initially worked only on Ethereum, is now active on many networks such as Polygon, Avalanche, Arbitrum, Optimism. Thanks to the cross-chain feature introduced with V3, Aave can be easily accessed from different ecosystems.AAVE token economy and functionsAn important answer to the question of what the Aave token does is governance. AAVE token holders are empowered to make decisions about the future of the protocol. Proposals for new features, asset listings, risk parameters and other adjustments are submitted and voted on through the Aave Governance Portal. Token holders can vote themselves or delegate their votes to others. This decentralized Aave governance token structure ensures that the protocol is driven by the community. AAVE tokens also gain value through a portion of the fees and spread collected by the protocol; these funds are used to purchase and burn AAVE tokens. Furthermore, AAVE token holders can benefit from discounts and improved terms when joining the platform.Delving deeper into the question of what is an aave coin, we find that the AAVE token has several critical functions for the protocol. As mentioned earlier, one of the most important answers to the question of what is an aave token for is the governance of the Aave protocol.AAVE tokens play a central role in the operations and security of the protocol. By staking AAVE in the Safety Module, AAVE token holders contribute to providing a backstop mechanism against the protocol's capital shortage. AAVE staked in the Safety Module helps to maintain collateralized borrowing positions in the event of a liquidity shortfall in the protocol (reserves used to cover illiquidity in lending pools). AAVE tokens staked in this module earn a staking return on treasury reserves. In the event of a deficit, a maximum of 30% of the staked AAVE can be slashed. In case the security reserves are insufficient, Aave treasury reserves will be used to cover the remaining deficit. There has been no need to support liquidity in the protocol to date. This functionality makes the AAVE token a “backstop” or support asset for the protocol.The AAVE token accumulates value through a portion of the fees and spread collected by the protocol. The spread and fees collected by the protocol are used to purchase AAVE tokens on the open market. Aave has committed to token burning. Sources state that about 80% of the fees paid on the platform are used for this burning purpose, while 20% is used to incentivize lenders. Ultimately, the goals of Aave reserves are to grow the ecosystem and increase token value. Because governance is decentralized, token holders can direct decisions about the use of the reserves.Over the years, the Aave coin price has fluctuated with the market. For example, the LEND token reached an all-time high of $0.442615 in January 2018. According to CoinMarketCap, AAVE's all-time high price was $541.28. As of 2025, the AAVE token is trading at around $160. However, current prices are constantly changing. In summary, the AAVE token plays a central role in the protocol's governance, security (through staking), value accumulation (through burning) and user incentives. AAVE price chart since its launch Innovative features: Flash loans, loan delegations...Aave offers innovative features that stand out in the industry. Flash loans, a feature that enables unsecured borrowing that must be repaid in a single blockchain transaction, has opened up use cases such as arbitrage, debt restructuring and collateralized borrowing swaps. Credit Delegation allows one user to delegate borrowing power to another user. The platform offers a choice of floating and fixed interest rates that dynamically adjust according to market conditions. Collateral Swapping allows to swap collateral without exiting the borrowing position.Aave not only maintains its existing services in the field of decentralized finance applications, but is constantly exploring new areas and expanding its ecosystem. Technical updates are planned, such as the launch of V4. This is likely to expand the answers to the question of what is Aave v3, which started with V3, and push the protocol's capabilities even further.GHO stablecoin expands ecosystemGHO is a decentralized stablecoin belonging to the Aave ecosystem. Users can mint GHO by pledging collateral. Controlled by Aave DAO, this system allows the platform to offer a self-contained lending experience.Institutional adoption and broad visionAave is bridging the gap between traditional finance and DeFi by exploring enterprise-grade products (such as Aave Arc) and companies like Valour launching AAVE ETPs.Who is the Founder of AAVE?The answer to the question of who is the founder of Aave is the person who has been leading the project since its inception: Stani Kulechov. Stani Kulechov is the founder and CEO of Aave. He is also the founder of ETHLend. Sources describe him as “a young, entrepreneurial Finnish lawyer”. Kulechov became interested in Ethereum while studying law at the University of Helsinki and discovered its potential impact on the traditional financial system. He was particularly interested in RegTech (Regulatory Technology) and how digital solutions could change legal and regulatory functions, including those related to finance. Stani Kulechov Kulechov is a self-taught programmer and has been programming since a young age. He launched ETHLend in 2017, creating one of the first DeFi DApps. Originally conceived as an Ethereum-based lending system, he later rebranded the platform as Aave, aiming to go beyond just ETH lending and include the broader crypto asset market.Stani Kulechov placed great emphasis on growing the project with the developer community in an open-source manner. His mission is to create tools for an open, transparent and fair financial ecosystem through the Aave Protocol. With the recent rebranding of Aave Companies to Avara, the Kulechov-led company aims to expand beyond DeFi and bring Web3 to global users. He is particularly interested in decentralized social finance applications and is excited about projects such as the Lens Protocol.Frequently Asked Questions (FAQ)As you read about Aave, some questions may have been cleared up, but some may still be lingering. In this section, we've collected the most frequently asked questions from traders and enthusiasts with short and clear answers. Here you can brush up on the basics and find out the important details you need to know before using Aave:What is AAVE and how does AAVE work?: Aave is a decentralized finance (DeFi) protocol. It allows users to lend, borrow and earn interest on crypto assets without the need for traditional financial intermediaries. The protocol works on a system of liquidity pools where lenders can earn interest by depositing tokens and borrowers can access funds instantly by providing collateral or through flash loans. Interest rates vary according to demand on a token-by-token basis.What does AAVE coin do?: The AAVE token has a central role in the operations and governance of the Aave protocol. It is used as the gravity center of protocol governance. AAVE token holders vote on Aave Improvement Proposals (AIPs) and make decisions about the future of the protocol. AAVE can be staked to a reserve pool called the “Security Module”. This pool is designed to protect the protocol in case of capital shortages and stakers earn rewards. AAVE token holders are entitled to receive discounts on fees and improved terms when joining the platform. Also, part of the fees paid on the platform are used to buy back AAVE tokens from the market.How to borrow money on AAVE: Users can borrow other crypto assets from Aave pools by placing their crypto assets as collateral. Borrowers are usually required to hold collateral with a higher value than the amount borrowed (over-collateralization). Aave also offers flash loans, which allow users to borrow unsecured funds on the condition that they are repaid within the same transaction.Is AAVE secure: Aave uses various risk management mechanisms to protect its users and the protocol. Loans are usually over-collateralized. There is a Safety Module that is used to provide liquidity in the event of a vulnerability in the protocol. The Aave protocol code is publicly available and auditable. The V3 code has been audited and officially verified by leading security firms. The protocol also has an ongoing bug bounty program. While no protocol is considered completely risk-free, extensive steps have been taken to minimize these risks.Which networks can AAVE be used on? Aave was initially launched on the Ethereum protocol. It is currently available on multiple networks, including Polygon, Avalanche, Arbitrum, Optimism and Base. What is AAVE governance: Aave is a fully decentralized, community-governed protocol by AAVE token holders. AAVE token holders collectively discuss, propose and vote on protocol upgrades and adjustments. This decentralized governance structure allows the community to have a direct say in the development of Aave.Check out our JR Kripto Guide series for comprehensive content on AAVE and DeFi protocols!
Middle East Tensions Hit Crypto Market: $650 Million Vanishes
The escalating geopolitical tension in the Middle East has caused a major shake-up in cryptocurrency markets. US President Donald Trump's declaration of the airstrikes on Iran's three nuclear facilities as "successful" and his statements that stronger retaliation would be carried out if necessary have caused panic among investors. These developments, which came after the clashes between Iran and Israel, have created anxiety in global markets. Cryptocurrency investors in particular have suffered heavy losses due to the sudden increase in volatility. This sharp decline became quite obvious on the evening of June 22. The market later recovered slightly.Crypto market value fell to $3.1 trillionIn the shadow of these developments, the total value of the cryptocurrency market fell by 1.50 percent in the last 24 hours to $3.1 trillion. There was a significant increase of 26.23 percent in trading volume in the same period, and the total volume reached $136.38 billion.The leading cryptocurrency, Bitcoin (BTC), fell 1.27 percent to $101,497. Ethereum (ETH) lost 1.99 percent to $2,241. XRP, on the other hand, is trading at $2.02, down 2.52 percent. While the level of fear in the market also increased, the Crypto Fear and Greed Index fell to 37.Liquidations reached $650 million: The bulls were trappedTotal crypto liquidations in the last 24 hours reached $650 million. While these liquidations affected more than 185 thousand investors, the majority of the positions (approximately $504.95 million) were long positions. In other words, while most investors had taken positions that prices would rise, these positions were closed at a loss with the sudden pullback in the market. The largest liquidation of the day was a long position of $35.45 million in the BTC-USDT pair on the HTX exchange. When looking at liquidations in terms of exchanges, Bybit led the way with $252.46 million, followed by Binance ($137.57 million) and Gate.io ($96.57 million). More than 90 percent of liquidations on exchanges such as Bitmex, Bitfinex and CoinEx consisted of long positions. This reveals how dominant the upward expectations are in the market and how sharply these expectations were broken.Losses deepened in altcoinsWhile Bitcoin's market dominance reached the highest level in recent cycles with 64.9 percent, the weakness in altcoins also became visible. Ethereum's market dominance fell to 8.7 percent. However, despite everything, some notable increases were also seen in the market. Story IP, which has a micro-market value, became the day’s top earner with a daily increase of 11.35 percent, followed by Four with 10.39 percent and Sonic with 7.68 percent.
SOL Comment and Price Analysis 22 June 2025
Solana Technical AnalysisLooking at the (SOL) chart, it is obvious that it has been forming an upward trend pattern since the end of 2023. This uptrend pattern has a wide ascending channel, and the price of the coin is trading within the lower middle band of this ascending channel where the area of $119–$123 appears as strong support. We could say that the local bottom area may have been found if the price tests this support area and reacts upwards. SOL Major Support Zone The price holding above this area will indicate that the price movement is a healthy pullback; however, if we witness daily closings below the level of $119, then the price may go down to the lower trend support step by step. Then the support levels $109, $105, and finally trend support $100 should be followed closely.In case the price moves upwards, we can follow the levels of $190 again, and later $218, and finally the trend resistance level.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during the transactions.
BCH Comments and Price Analysis 22 June 2025
Bitcoin Cash (BCH) Technical AnalysisLooking at the Bitcoin Cash (BCH) chart, it is obvious that the price of the coin has been forming an ascending trend for nearly two years since September 2023 and tested the level of $474.9. This rising price action since April, when it tested the lower band of the channel, took the price close to the critical resistance level of $509, which is where the buyers outperformed sellers many times before. Narrowing Triangle Formation There is a symmetrical triangle formation on the chart of BCH; the price has been trading within this formation and it has approached the upper band of it. The price may target the levels of $580 and $600 if the level $509 gets broken with an upward action and the price closes above it. We can talk about positive upward movement in the future if the descending trend in the upper band of the triangle gets broken. This action could trigger a potential rise in the price towards new areas and maybe to a new ATH.On the other hand, it is possible that the price will first go down to the strong support channel area around $410 and then to the stronger support level of $290–$300 if the price gets rejected at $509. Price could see an upward movement from this strong level if the buyers outperform sellers.In summary, BCH is drawing near to the decision moment around the resistance level of $509, which, if broken, can pave the way for a strong rise; however, we have the support level of $345 in case of a possible pullback. The ascending trend structure will continue as long as this level is not broken downwards.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during the transactions.
PNUT Comments and Price Analysis 21 June 2025
PNUT Technical AnalysisA falling wedge formation, also visible in the daily time frame, is more clearly seen on PNUT 4-hour chart. PNUT is currently trading between $0.2192 - $0.2306, which is a very critical horizontal zone. Falling Wedge Formation The price of the coin has tested the upper trend of the formation three times so far. It is highly probable that we will see an upward breakout of the price when there occurs a fourth-time trend test. And this is the target of the clearly seen falling wedge formation on the chart. In case the price goes down below the level of $0.219, our targets would be first $0.20 and then $0.195, which also acts as trend support level. However, if the price breaks out of the falling wedge upward, our possible targets will be $0.266, $0.307, and $0.360 respectively.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during the transactions.
EDU Comments and Price Analysis 20 June 2025
Open Campus (EDU) Technical AnalysisLooking at the EDU chart, we can see that the price has tested the lower band of the uptrend around $0.128, also the golden ratio support, which is a major Fibonacci support. This support zone has previously worked as buyers have been strong. EDU Ascending Channel Formation Price reactions are usually very strong in such structures. Upon studying the chart, it can be stated that possible upward reactions from here could take the price to the first resistance level of $0.1498.The market structure could turn to positive in lower time frames if we see closings above the level of $0.1498, and if this price level is exceeded, then it can go up to the price range of $0.17–$0.18. In case the price closes above this price range, we may get confirmation for a positive pattern and the price wants to go towards the upper band of the trend.We will lose two strong support levels if the price breaks down. We may start to speak of the price range of $0.1150–$0.1040 in case both the trend structure breaks down and the golden ratio support gets lost. If the price stays below this price zone, then the current descending pattern receives confirmation, which will probably cause increasing sell pressure. We should be following the previous liquidity area of $0.1000–$0.0960 below this level.In summary, EDU is currently stuck between a ‘reversal from support’ and a ‘trend breakout’ scenario. We could say that what will determine the certain direction of the coin price might be the price movements happening around this support level in the coming days.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during the transactions.
ID Comment and Price Analysis 20 June 2025
Space ID (ID) Technical Analysis – Latest Outlook Before Unlock$11.13 million (approximately 16.8% of the current market cap value) ID will be unlocked on Sunday, June 22nd. Find below a detailed technical analysis of ID coin in the eve of token unlock.Looking at the daily chart of ID, one can clearly see that the price of ID has been trading within a descending channel for some time since February. The price has tested the upper band of this channel a few times; yet, it has failed to hold on to this level, which has caused the negative pattern to continue. The price is currently trading at the lower band of the channel, around the $0.155–$0.150 support area. Falling Channel Structure As clearly seen on the chart, the price has again tested the red area, which has worked as a support zone that has left liquidity. We have two scenarios within this support area, the first of which is that the price may form a double-bottom and then move from the middle band of the trend towards the upper band of it. According to the second scenario, which is not positive, the price gets the liquidity and then it may break down towards the lower band of the descending channel as buyers cannot hold.To summarize, a possible strong reaction from the lower band of the descending channel could take the price to resistance levels and then maybe towards a breakout as the sell pressure on the resistance levels has decreased. Due to the weakness of the pattern here, the price could go down in search of a new bottom, where the level $0.13 appears as the lower band of the trend. Below the red area, we could see a reaction here. In case of a breakout of the price upwards, the strongest resistance zone would be the $0.2034–$0.2114 range, as this area is both the upper band of the trend and a strong Fibonacci resistance area.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during the transactions.
US-Based Company Invests $10 Million in SOL, XRP, SUI, TAO and HYPE
Everything Blockchain Inc. (EBZT), a publicly traded company based in the US, has announced a new investment plan that is drawing attention in the cryptocurrency market. The company plans to allocate a total of $10 million in capital to five different fast-growing blockchain networks, including Solana (SOL), Ripple (XRP), Sui (SUI), Bittensor (TAO), and Hyperliquid (HYPE). This move makes the company the first publicly traded US capital structure to focus on altcoins other than Ethereum before traditional investors.“While Bitcoin makes headlines, the real money is flowing into blockchain networks that are building the financial infrastructure of tomorrow,” said the company’s CEO Arthur Rozenberg, emphasizing the importance of these investments. According to the statement, Everything Blockchain’s goal is to gain an advantage by entering blockchain projects that are expected to attract great interest from institutional investors in the future.The first public divident model is on the wayEBZT’s plan is not limited to investing in these projects alone. The company aims to be the first to share the rewards it will obtain from the tokens it stakes directly with its shareholders: To be the first company to distribute crypto dividends in public markets. According to the statement, it is expected to generate approximately $1 million in annual income from staking activities, and a significant portion of this income can be distributed to investors as dividends.This strategy also sets EBZT apart from its competitors in the sector. For example, there are some companies that stand out with their investments focused on Solana:SolStrategiesJanoverAlthough these companies have raised millions of dollars in funds, none of them have a multi-token staking and dividend sharing model.Nasdaq target and roadmap for institutional capitalAs part of this strategy, the company has also initiated the process of listing on the Nasdaq exchange. The transition to Nasdaq could make it easier for EBZT to open up to institutional investors, making it one of the first major examples of institutional "treasury management" in the crypto market. According to an analysis published by Messari, the $36 billion annual staking market is still largely limited to private investors, and public companies entering the field offers a large window of opportunity. EBZT aims to take the lead in this market and maximize its "first-mover advantage". The company's low share offering (small float) and offering returns on multiple crypto assets make it an attractive alternative, especially for individual investors. While Wall Street has not yet fully entered this field, EBZT is acting with the logic of "early comer wins" by filling this gap. Although the statements are promising, EBZT's future success will depend on factors such as volatility in crypto markets, regulatory risks, and technical features.
What is Arkham (ARKM)?
Things change very fast in the cryptocurrency world: A coin that was unknown yesterday can be the darling of the market today. But one fact remains constant: Knowledge is power. And this is where Arkham comes into the picture. So, what is Arkham? To put it simply: Arkham is a blockchain intelligence platform that collects and analyzes all data on the blockchain.In other words, Arkham analyzes information such as who is in which wallet, how much coins they hold, what transactions they make, etc. with artificial intelligence and advanced algorithms. In doing so, it only uses public blockchain data - and it's important to note that it doesn't access anyone's private information or passwords. So what is Arkm coin? It's the native token at the heart of the Arkham ecosystem. The platform uses ARKM for rewards, information exchange, governance, etc. Everyone who uses Arkham, whether they open a bounty or provide information, these transactions take place through ARKM.You can think of Arkham like this: There's an “open ledger” on the blockchain that everyone can see, but the writing is very messy. Arkham opens that ledger, organizes it, makes it clear for everyone who is who, where money went and where it went. Here is a guide where you can find many details about Arkham...Definition and Origin of ArkhamBlockchain technology is a system where data is recorded in a transparent and unalterable way, without the need for a central authority. Each transaction is sorted into blocks and verified by the entire network. These blocks are chained together - that's why it's called “blockchain”, or “blockchain”. Each block references the data of the previous block, and this structure secures the history of the system. Anyone can see all transactions on the blockchain at any time, which is why blockchain is inherently transparent. However, since this data is mostly in the form of wallet addresses and technical details, on the surface, it is not easy to understand who did what. This is where Arkham comes in. The process and mechanics of analyzing Arkham. Source: CoinGecko To describe Arkham in one sentence: An on-chain analytics platform powered by artificial intelligence.There are transactions on the blockchain that everyone can see, yes, but most of the time that data is messy, raw and open to interpretation. Arkham makes sense of that giant pile of data. Its most notable feature is its wallet address matching technology. Arkham analyzes wallets that have gone through KYC (Know Your Customer) processes and associates them with real people or institutions. For example: When a user who has done KYC on Binance sends money to a wallet, Arkham can detect it and mark it as “This wallet belongs to person X”. This is the biggest difference between Arkham and traditional on-chain tracking tools.When is Arkham released?Arkham was officially launched in 2023. Especially with the Arkham token launchpad process, it offered the ARKM token to the public on Binance in July 2023. In this way, it reached a wider user base. With an initial price of $0.05, ARKM attracted serious interest immediately after the launch.Meanwhile, the “Intel-to-Earn” model was introduced. So what does this mean? Unlike classic play-to-earn or learn-to-earn models, here users earn money by collecting information on the chain and selling it. So when you research and provide information about a wallet, you earn ARKM tokens in return. There is also an Intel Exchange on Arkham for this - more on that in a moment. All in all, Arkham has not only opened a new door in the world of blockchain analytics, but also created a whole new economic model that incentivizes data sharing: Arkham intel to earn. Visualization of Arkham's intel-to-earn structure. Source: Arkham whitepaper' Arkham's History: Key MilestonesArkham's story began at a time when the concept of “privacy” was being hotly debated in the crypto world.Let's take a step-by-step look at how this project got to this point.2022 - Project development phase: Arkham first came to public attention in 2022.It hadn't been fully launched yet, but the word on the street was that Arkham was working on on-chain data analytics. It first started with a limited beta version analyzing wallets on the Ethereum network. At the time, Arkham was only thought of as “tracking addresses on Ethereum”; no one even imagined a later innovation like arkham intel exchange.July 2023 - ARKM token sale on Binance Launchpad: In 2023, the big moment arrived: In July 2023, Arkham went public on the Binance Launchpad platform through the Srkham token launchpad process. The process on Binance was as follows:ARKM starting price: 0.05 USD5% of total supply sold (50 million ARKM)In just a few minutes, all tokens were sold.With this success, Arkham gained serious capital and community support. As soon as it was listed on Binance, the price skyrocketed by over 500%. After this process, searches such as “what is Arkham” and “what is Arkm coin” peaked on Google Trends.Mid-2023 - Intel Exchange Launch: After the Launchpad success, the Arkham team drops another bombshell: Intel Exchange! So, what is Arkham Intel Exchange? Here, anyone can request information about any wallet. For example, questions such as “Which company does this wallet belong to?” or “Which exchange wallet is this address associated with?” are opened as a bounty. The person who provides accurate and provable information wins the bounty as ARKM. Thus, on-chain data sharing has turned into a serious revenue model. At this stage, the concept of intel to earn started to be heard in the market. Screenshot of Arkham Intel Exchange 2024 - Arkham Perpetuals Exchange launch: In late 2024, Arkham Intelligence announces the launch of its own exchange focused on derivatives. The newly launched perpetual exchange is integrated with Arkham's strong research infrastructure and offers live on-chain audits and proof-of-reserve systems. “Perpetual exchange” refers to an exchange that offers perpetual futures.Normally futures contracts carry a specific expiry date, meaning that the transaction closes on a certain date. Perpetual futures, on the other hand, operate without an expiry date - meaning you can theoretically carry your open position for as long as you want, be it days or months. While investors in the US can't take advantage of this exchange due to regulatory uncertainty and legal risks, Arkham's move has attracted attention in many other countries.2024 - Web3 partnerships and major investor interest: 2024 was a year of growth for Arkham. Arkham started integrating with many new blockchains. Some of them were Sui Network, Dogecoin network Sonic Labs. Not only that; giant investors from the Web3 world also invested in Arkham. Some of the big investors were Sam Altman (CEO of OpenAI), Tim Draper (Draper Associates) and Joe Lonsdale (co-founder of Palantir). Thanks to this support, Arkham has grown from being just an on-chain analytics platform to a full-fledged crypto intelligence service.Privacy and transparency debates: Of course, such a fast-growing project has not been without controversy. On the one hand, Arkham supporters argued that transparency would prevent fraud and money laundering. On the other, privacy advocates argued that “Blockchain should be anonymous anyway, it's wrong to expose everyone's identity.” In particular, Arkham's tagging of KYC-linked wallets raised concerns of “centralized doxxing” in some quarters. But Arkham always defended himself with the same sentence: “We only analyze public data, we don't interfere with anyone's private information.” This controversy has further magnified Arkham's name and brought the project to the center of the crypto world.Why is Arkham valuable?There are hundreds of on-chain analysis tools on the market. So why does Arkham stand out so much? Let's take a quick bullet point look:One of the first projects to introduce the concept of intelligence in the Web3 worldIn the crypto world, intelligence used to mean only government agencies or private detective companies. But Arkham has completely changed this concept. Thanks to Arkham, anyone can now analyze a wallet's past transactions and even find out who owns it. This has revolutionized the way we track fraud, hacking, and black money. Anyone can see the entire on-chain history of an address with a few simple searches.Data-driven revenue model with “Intel Exchange”Arkham's Intel Exchange is an industry first. Users earn ARKM by searching and selling information on the chain. In other words, both those who need data and those who do research earn money. This model has opened up a whole new revenue stream, especially for users with a research mindset. In the world of Web3 transparency, such an “information economy” model did not exist before.Powerful tools and graphical analysis for on-chain transparencyArkham doesn't just present raw data. It makes it understandable with powerful graphs and analysis tools. Entity Pages shows the portfolios of real people and institutions. Network Visualizer provides money flow maps between wallets. Alerts allows you to receive notifications when large transactions occur at specific addresses. So these tools are invaluable, especially for traders who want web3 transparency.Developer APIs and wallet address matchingArkham offers comprehensive API services not only for end users but also for developers. By integrating the Arkham API, projects can perform on-chain analysis directly in their own systems. Wallet address matching algorithms help projects better understand the movement of their users on the blockchain. Therefore, Arkham is not only an analytics tool, but also a “data infrastructure” for developers.ARKM token and its wide usageWhen we look at Arkham's value, we can't not mention the ARKM token and its functions. The Zra ARKM token is at the center of the platform. Here's what the coin offers:Staking: Users can earn extra rewards by staking ARKM.Bounty participation: ARKM can be used to create bounty or offer information on Intel Exchange.Governance: The Arkham community can have a say in future updates and decision-making by voting.ARKM also has a limited total supply: the Arkm token supply is fixed at a total of 1 billion units. This is a factor that could support the price in the long run in terms of supply-demand dynamics.Arkham (ARKM) is trading at approximately $0.59 as of April 2025. The last 24-hour trading volume is just over $82 million. This shows that ARKM is still actively traded and has some liquidity. Although the total supply is 1 billion ARKM, the amount currently in circulation is around 225 million tokens. In other words, a little less than a quarter of the total supply is actively circulating in the market. This could be an important factor for ARKM in terms of supply-demand balance in the long run. ARKM coin price chart since launch Arkham hit an all-time high in March 2024, reaching an impressive price of $3.99. Although the current price has fallen nearly 85% from that peak, it has been showing signs of recovery in recent days.Who is the Founder of Arkham?So, who is the founder of Arkham? Behind every great project there is a visionary leader. The name behind Arkham is an experienced entrepreneur who knows the industry well: Miguel Morel. Miguel Morel is no stranger to the world of cryptocurrency and blockchain. He was previously involved in the Reserve Protocol project. Reserve is known as a project working on stablecoins and financial access. Morel believed this when he founded Arkham: “Blockchain technology is public, but it's so complex that it's not truly transparent. We want to change that.” Arkham founder Miguel Morel In short, he wanted to remove the “invisibility” of blockchain and provide equal data access for everyone.He built his team to make this possible with Arkham's AI-powered analytics. But Arkham is not just about Morel. We can make the following notes about the team:Most of the team is made up of former blockchain analysts, data scientists and cybersecurity experts.The technical team is highly competent in both on-chain data collection and building AI-powered analysis systems.The project is based in the United States, but there are also global members of the team working remotely.Furthermore, Arkham always emphasizes: “We want transparency, but we don't interfere with private data or users' personal information.” That's why they only analyze publicly available chain data. So, the aim is not to make a malicious “disclosure” but to ensure that everyone has equal access to information.Frequently Asked Questions (FAQ)As projects like Arkham (ARKM) grow rapidly in the crypto world, many questions naturally arise. Below, we have compiled the most curious questions and simple answers about Arkham.What is Arkham and how does it work? Arkham is a blockchain intelligence platform. It collects all public transactions on the blockchain and analyzes them with advanced artificial intelligence. It processes raw data to associate wallet addresses with real people or organizations, analyze past transaction histories and provide detailed reports. This allows users to analyze the complex mass of data on the blockchain in a clearer and more understandable way.What does the ARKM token do? The ARKM token is at the center of everything on the Arkham platform. Information sharing, rewarding, bounty opening and governance processes on the platform are all done with ARKM. Users can also earn passive income by staking ARKM tokens. Transactions and in-platform rewards on Intel Exchange are managed entirely through ARKM.What is Arkham Intel Exchange: Intel Exchange is a revolutionary marketplace where Arkham users can exchange information on on-chain data. Users who want information about a wallet address or transaction can open a bounty, and researchers can participate by providing information. Those who provide accurate and verifiable information win an ARKM bounty. This system facilitates access to information and creates a new data-driven revenue model. Intel Exchange promotes transparency and community engagement in on-chain analytics.Is Arkham violating privacy? No, Arkham does not access anyone's private data and does not violate privacy. It only analyzes and makes sense of publicly accessible data on the blockchain. There is no direct interference with personal information or passwords. However, some users consider the pairing of anonymous wallets with identities as a “loss of anonymity”. For this reason, Arkham is sometimes criticized by privacy advocates, but the platform always emphasizes that it only analyzes publicly available data.Where to buy ARKM: The ARKM token is traded on the world's leading major cryptocurrency exchanges, including Binance, Bybit, Coinbase, Upbit, OKX and Bitget. It is also possible to trade ARKM on decentralized exchanges (DEX) such as Uniswap. Direct participation is also possible through trading on Arkham's own platform. Thanks to this wide reach, investors can easily access the ARKM token using the platform of their choice.Which network does Arkham work on? ARKM runs on the Ethereum network in accordance with the ERC-20 token standard. All token transactions are carried out directly on the Ethereum blockchain, so security and transaction confirmations are ensured by the Ethereum infrastructure. On the analytics side, the Arkham platform also collects data from different networks such as Sui, Dogecoin, Sonic and offers multi-network support. However, the ARKM token itself only operates on the Ethereum network.Don't forget to follow our JR Kripto Guide series to learn more about Arkham and on-chain intelligence tools!
$300 Million “Bribe” from TikTok with Trump Coin: Controversial Claim from Congressman
The debate over President Donald Trump’s meme coin in the US has now turned into an accusation of “bribery” linked to TikTok’s Chinese owners. Congressman Brad Sherman (D-CA-32) claimed that TikTok’s Chinese owners made a $300 million purchase from Trump’s “TRUMP” meme coin, which provided Trump with direct financial gain. According to Sherman, this was “a direct $300 million bribe given to Trump.”However, TikTok responded strongly to these accusations. In a statement made on social media platform X (formerly Twitter), Sherman’s claims were described as “patently false and irresponsible.” The company also stated that even a letter Sherman signed last month was incorrectly referenced. TikTok ban and extensionsAt the center of this debate is the TikTok ban, which has been on the agenda for a long time in the US. TikTok, owned by China-based ByteDance, is a company that must be sold under US law. However, President Trump has postponed the ban on the platform for the second time this year for 90 days.Brad Sherman argues that this second postponement is illegal. According to the current regulation, only one postponement can be made for a maximum of 90 days. Sherman claims that Trump's second postponement is due to "bribery" transactions made by TikTok's owners using the TRUMP coin.GD Culture Group and questionable connectionsAlthough Sherman's name is not directly mentioned in his accusation, the center of the discussions is a small tech company called GD Culture Group. According to the New York Times, this company, which has a subsidiary based in China, has only eight employees and did not report any income in 2024. However, Trump announced that he will invest $300 million in the TRUMP meme coin.GD Culture Group opened an account on TikTok in August 2024 and began sharing AI-powered news content. However, the account currently has only 123 followers and its most popular video has only 533 views. The company's activities include content production, talent agency services, and social media marketing. Although it has no direct connection to ByteDance, it is clear that its activities are almost entirely based on TikTok.Trump Coin debates deepenThe meme coin called TRUMP has sparked many debates in US politics since its launch in January 2025. Senator Elizabeth Warren and Representative Jake Auchincloss, known for their anti-crypto stance, have called for an investigation, stating that this coin could open the door to possible foreign interference and conflicts of interest.At a private dinner held in April, 220 of the largest investors in the TRUMP coin were invited. A privileged "VIP reception" was also held for the first 25 investors at the event. This has sparked discussions about “buying access to the president through coins.” Some guests at the event expressed surprise at the scale of the protests, while others described the atmosphere as “full of unidentified and untrustworthy individuals.”
What is Avalanche (AVAX)?
Avalanche is a layer-1 blockchain network that stands out with its fast and scalable structure. Developed by the Ava Labs team, the platform launched its mainnet in September 2020. One of the things that makes Avalanche special is its unique Avalanche Consensus Algorithm. This algorithm combines the best of both classical and Nakamoto-style consensus methods, allowing transactions to be finalized in a fraction of a second.Avalanche's main goal is to provide a powerful infrastructure for decentralized applications such as DeFi, NFT and gaming, as well as private blockchains (subnets) where anyone can run their own rules. Thanks to the subnet support it offers to developers, each project can freely design a network according to its needs. To summarize the question of "What is Avalanche coin?" - It is a blockchain innovation that offers speed, flexibility, and developer-specific solutions.In addition to speed and scalability, Avalanche also stands out with its low transaction fees and green approach. Avalanche network, which does not require high energy consumption, has become an attractive option for both individual users and corporate projects with its user-friendly structure.If you are ready, let's explore Avalanche together!Definition and Origin of Avalanche: What is AVAX?What is Avalanche and AVAX? Avalanche is a high-speed and scalable layer-1 blockchain platform. Launched in 2020 by Ava Labs, Avalanche bases its infrastructure on a unique consensus mechanism called “Avalanche Consensus”. This consensus model quickly finalizes transactions by randomly sampling votes from hundreds or even thousands of validators. As a result, Avalanche is able to offer transactions finalized in seconds and a capacity of thousands of transactions per second (TPS). The network's native token, AVAX, plays a critical role in both paying transaction fees and securing the network.Avalanche's design also features a multi-chain architecture that serves different needs. Thanks to this structure, it can run smart contracts on the Ethereum-compatible C-Chain, while the X-Chain is used for asset transfers and the P-Chain is used for validator management and Subnet infrastructure. In this way, Avalanche can work both as an Ethereum-compatible chain and allow users to build their own independent networks. In particular, the Avalanche subnet structure allows different projects to create their own private blockchains, making Avalanche one step ahead of other networks.We can examine this powerful infrastructure of Avalanche in more detail as follows:Avalanche: A high-speed, scalable Layer-1 blockchain with transactions finalized in seconds and a capacity of thousands of TPS.Launch: The Avalanche platform was developed by Ava Labs and launched in 2020. After a successful public sale, the Avalanche mainnet went live on September 20, 2020.Consensus algorithm: Avalanche works with the self-developed Avalanche Consensus. This model combines the best aspects of classical and Nakamoto-style consensus; validators vote for each other in small randomized groups, ensuring fast, secure finality.AVAX token: AVAX can be used as a means of payment for all transactions on the Avalanche network, as well as for staking transactions that support the security of the network. As of 2025, the AVAX coin price fluctuates depending on general market movements. However, AVAX is one of the most traded assets in the crypto market - ranking 13th by market capitalization. While the Avax coin price is 85 percent below the record $146 it hit 3 years ago, it is 680 percent above the all-time high of $2.79 in 2020. As of April 2025, it is trading at $21. AVAX price chart since launch Objective: Avalanche's main goal is to provide developers and projects with fast, low-cost, customizable blockchain solutions for decentralized applications (DeFi, NFT, gaming, etc.) and enterprise systems. In particular, thanks to the Subnet structure, users can create private blockchains by setting their own rules. In short, the Avalanche infrastructure offers technical flexibility to developers and enables users to perform fast, reliable and low-cost transactions. This puts it in a different position among Layer-1 solutions.Avalanche's History: Key MilestonesWhen the history of Avalanche coin analyzed - the project, which started at the idea stage in 2018, officially stepped into the crypto world with its main network in 2020. Thus, we also answer the question “When did Avax come out?”. If we give the exact date, Avalanche's main network (avalanche mainnet) officially went live on September 21, 2020. This date is seen as an important milestone in blockchain history. Overall, Avalanche's journey has been focused on research and development. Here are the milestones that stand out:In 2018, Ava Labs entered the market: Ava Labs was founded in 2018. The foundations of Avalanche were laid by Prof. Emin Gün Sirer, a distributed systems expert at Cornell University, and his colleagues. Theoretically new consensus protocols were developed and designed.AVAX tokens debuted in 2020: AVAX token sale and mainnet launch took place in 2020. In July 2020, Avalanche's first public token sale attracted more than $42 million. Then, on September 20, 2020, the Avalanche mainnet was successfully launched. This opened the world to a blockchain that could confirm transactions in less than a second.In 2021, the Avalanche Rush DeFi incentive program made its mark on the market: The Avalanche Rush program started in 2021. In August 2021, the Avalanche Foundation announced the Avalanche Rush incentive program, which brought major DeFi protocols such as Aave and Curve to Avalanche and allocated $180 million AVAX. This campaign brought significant volume and liquidity to the Avalanche ecosystem.Major partnership with Amazon in 2022: Blockchain integrations and infrastructure expansion accelerated from 2022. First, in June 2022, Avalanche added bridge support for Bitcoin and started moving BTC to the Avalanche network. This allowed users to utilize their Bitcoin on Avalanche DeFi protocols. Also, at the end of 2022, Ava Labs started to announce preparations to step into close cooperation with Amazon Web Services (AWS).In 2023-2024, the Subnet structure and collaborations expanded: During this period, Avalanche saw a number of new collaborations. E-sports giant TSM and gaming platform Loco announced that they will establish their own private subnet on Avalanche. Tencent Cloud, one of the world's largest infrastructure providers, announced that they will power their Web3 projects with Avalanche. Shopify store owners can now sell NFTs through Avalanche; Avalanche-based NFTs can be easily listed with solutions such as Venly. In summary, Avalanche continued to grow with major projects in gaming, NFT, finance and enterprise. Avalanche also launched its staking process in 2024. For those who wonder what AVAX staking is; It means both contributing to the security of the network and earning passive income by locking AVAX tokens to network validators or their own validator nodes. Rewards can be earned according to the amount of AVAX staked.2025 - What are the latest developments? Infrastructural improvements accelerated in the Avalanche ecosystem. The AvalancheGo Etna upgrade will bring new flexibilities for those who want to build their own chain (L1). For example, this upgrade removes the 2,000 AVAX requirement to become an L1 validator. Also in 2024, agencies such as the California DMV implemented private blockchains on Avalanche, moving the vehicle records of 39 million people to the blockchain. In other words, technological updates throughout Avalanche's development process have made the network both more accessible and more secure. In particular, the maturation of the Subnet system paves the way for Avalanche to create more institutional use cases in the future.Why is Avalanche valuable?Avalanche has gained an important place in the crypto world with its technological innovations and wide range of uses. AVAX coin purpose is to provide developers with a fast, flexible and cost-effective infrastructure and make blockchain-based projects run more efficiently. So what makes Avalanche so special and valuable? Let's take a look together:High processing speed: Thanks to its unique consensus mechanism running in parallel, Avalanche can easily process thousands of transactions per second. Theoretically, it is said to reach 4,500 TPS levels. This makes it one of the fastest blockchains in the industry, able to run without bottlenecks even during periods of peak demand. In the table below, you can see the 2025 TPS data of Avalanche and other blockchains:Blockchain NetworkReal-Time TPSTheoretical Max TPSAverage Transaction TimeSolana~1,156 TPS65,000 TPS~0.4 secondsAvalanche~4,500 TPS6,500 TPS~1–2 secondsEthereum~20 TPS2,000 TPS*~12 secondsBNB Chain~58 TPS100,000,000 TPS†~3 secondsLow transaction fees: Avalanche's efficient structure and Subnet architecture reduces both network congestion and energy consumption. As a result, users pay very low fees for transactions. So even with heavy traffic, there are no wallet-burning gas fees.Flexibility with subnet infrastructure: Avalanche offers the possibility to create application-specific chains, i.e. Subnets. In this way, developers can create custom chains according to the rules and needs they want. For example, it is possible to create a chain focused on low fees for a game, and another chain prioritizing security for a financial application. Moreover, this modular structure prevents the density of the network from affecting each other. Avalanche's subnet infrastructure. Source: Avax.network Ethereum compatibility (EVM support): Avalanche's main network, called C-Chain, is fully compatible with the Ethereum Virtual Machine (EVM). This means that smart contracts developed on Ethereum can be used on Avalanche with almost no modifications. Moreover, Avalanche's consensus model offers lower latency and higher transaction efficiency compared to Ethereum's Proof of Stake mechanism.Large and active ecosystem: The Avalanche network hosts a rich ecosystem of fast-growing projects. As of 2024, more than 500 applications were running on Avalanche. From DeFi to NFT, gaming projects to financial services, there is a vibrant activity in many areas. For example, major DeFi protocols such as Aave and Curve have integrated into Avalanche. In addition, applications such as BenQi, Trader Joe, Pangolin, known as DeFi AVAX projects in the DeFi space, have grown on Avalanche and gained significant popularity among users. In addition, gaming giants such as TSM, Loco and Kagool preferred to use Avalanche Subnets for their own projects. By 2025, we can say that Avalanche has become not just a network, but a full Web3 ecosystem. Avalanche DeFi ecosystem. Source: Messari Some games in the Avalanche ecosystem. Source: wacy_time1 /X Who is the Founder of Avalanche?It's time to ask, “Who founded Avax?” Behind Avalanche, there is a name that has an important place in the blockchain world: Turkish-born Prof. Emin Gün Sirer. An academic at Cornell University, Sirer is especially known for his work in distributed systems. One of the core ideas of Avalanche is the product of his many years of research. In 2018, Sirer co-founded Ava Labs with Ted Yin and Kevin Sekniqi. This team was the main force that developed and implemented Avalanche's software. Sirer has been interested in blockchain technologies since the early days of Bitcoin. In developing Avalanche, he combined his years of scientific knowledge and the shortcomings he saw in the field to create a much faster, scalable and inclusive system. In his own words, Avalanche's goal was to “tokenize all financial assets in the world and build a fairer financial system”. Emin Gün Sirer at an Avalanche event in 2023. Source: Cointribune The Ava Labs team, led by Prof. Emin Gün Sirer, created a new standard in the blockchain world by developing the Avalanche infrastructure. Developed under the umbrella of Ava Labs, Avalanche was built with a completely science-based approach. The project's code is open-source, so developers around the world can continuously contribute. Sirer and his team focused on two main goals when designing Avalanche:The first was to build the system to be highly scalable.The second is to achieve this speed without sacrificing decentralization.The Avalanche Consensus was developed with the aim of eliminating the high energy consumption of systems like Bitcoin and overcoming some of the limitations of Proof-of-Stake mechanisms. Today, the Avalanche community and the Ava Labs team continue on their path with the vision of creating next-generation blockchain solutions that are both decentralized and high-performance.Frequently Asked Questions (FAQ)We've shared the basics about Avalanche, now let's take a look at some of the most curious questions:What is Avalanche (AVAX), what does it do?: Avalanche is a fast and scalable Layer-1 blockchain network. If you ask what Avax coin does; AVAX tokens are used for in-network transactions, securing the network, and allowing users to earn rewards through staking. As the network's own cryptocurrency, AVAX is also used in transaction fees and different transactions on the network. It provides an infrastructure for decentralized applications and allows developers to build their own chains. In short, Avalanche offers a flexible blockchain experience for both developers and users.Who is the founder of Avalanche? The founder of Avalanche is Prof. Emin Gün Sirer, an academic specializing in distributed systems. Together with Ted Yin and Kevin Sekniqi, Sirer founded Ava Labs in 2018 and launched the Avalanche project. His vision, backed by scientific research, made Avalanche both a fast and decentralized blockchain network. Today, he still plays an active role in Avalanche's growth.How the Avalanche consensus algorithm works? Avalanche's consensus algorithm relies on nodes constantly communicating with small random groups to build consensus. This way, transactions are finalized in a very short time and ensures a high level of consistency across the network. It also combines the best aspects of classical and Nakamoto-style consensus. As a result, it offers a well-balanced structure in terms of both speed and security.How to stake AVAX? To stake your AVAX tokens, you can use a compatible wallet, such as Avalanche's Core wallet. When staking, you can either run your own validator or delegate to an existing validator. Starting at 25 AVAX, you can delegate, while a higher stake was required to become a validator (with new updates, this flexibility is increasing). With staking, you can contribute to network security and earn rewards at the same time.Why is the Avalanche network so fast? The Avalanche network runs extremely fast thanks to its consensus model, which runs in parallel and performs continuous random sampling. Transactions on the network are usually finalized in less than a second. In addition, since load sharing can be done between different chains, there is no serious congestion on the network. This architecture makes Avalanche one of the fastest blockchain networks.What is the difference between Avalanche and Ethereum? Both platforms offer smart contract support, but their architectural approach is quite different. Avalanche offers faster transaction finalization and lower transaction fees compared to Ethereum. Moreover, Avalanche enables the creation of independent blockchains for different use cases with its Subnet infrastructure, while Ethereum tries to scale with Layer-2 solutions. In other words, we can say that Avalanche offers a slightly freer structure in terms of flexibility of use.For more on Avalanche and similar high-performance blockchain projects, follow our JR Kripto Guide series!
What is Dogecoin (DOGE)?
When you think of cryptocurrency, Bitcoin or Ethereum may immediately come to mind. But Dogecoin, which was born from a dog's udder and has reached a market value of billions of dollars over time, is the hero of one of the most colorful stories of this world. So what exactly is Dogecoin? How was this cute Shiba Inu-themed currency born, why has it attracted so much attention and what place does it have in the crypto world today? Let's take a look at Dogecoin's story together.First, let's give a short answer to the question of what is Doge coin: Dogecoin (Doge for short) is a cryptocurrency based on the Shiba Inu dog meme, created in 2013 by computer engineers Billy Markus and Jackson Palmer. (Sometimes spelled “Doge coin”.) So, what is a meme coin? Well, these coins are pop culture-themed joke coins. Dogecoin is the first and most famous example that fits this description. Dogecoin's cute logo was inspired by the Japanese Shiba Inu dog Kabosu. Definition and Emergence of DogecoinDogecoin is, as its name suggests, the product of an internet prank. The cute Shiba Inu dog in its logo, Kabosu, is at the center of this story. Kabosu, who was adopted by a kindergarten teacher in Japan, went viral on the internet and captured the hearts of millions with his humorous expression. Dogecoin was born by bringing the fame of this internet phenomenon to the cryptocurrency world. In other words, Dogecoin is literally a Shiba Inu-themed coin. Iconic Doge meme On the technical side, Dogecoin was not created directly from scratch; it was developed by deriving from the code of Litecoin, Bitcoin's cousin. In other words, Dogecoin started life as a Litecoin fork. This choice gave it significant advantages such as high speed and low transaction fees. On the Doge network, a block is produced in about a minute, and shipping fees are almost non-existent. Also, unlike Bitcoin, Dogecoin uses the Scrypt algorithm. This made it easy to mine in its early days, even with ordinary computer hardware. Of course, another important difference lies in the total supply: Dogecoin's supply is unlimited. With every block production, 10,000 new Doge are released, and over time, the amount of Doge in circulation grows to gigantic proportions.Dogecoin burst onto the scene in late 2013. The answer to the question “When was Dogecoin released?” is December 6, 2013. When it was first released, the initial price of Dogecoin was only around 0.00008547 dollars. It was so cheap that mining Doge with simple graphics cards of the time became an internet sport. While talking about mining, it is also worth mentioning the issue of staking. Because the question “Is there Dogecoin staking?” is very curious. Since Doge is a currency produced by mining (Proof-of-Work), it is not possible to generate passive income by staking. New Doge goes to miners in exchange for block production.The low price and the humorous tone of Dogecoin have made it more popular with users who want to have fun and experience a sense of community than serious crypto investors. In fact, in its first month, Dogecoin's official website attracted more than one million visitors. Thus, Doge, which was born from a joke, quickly turned into a real cryptocurrency phenomenon. Even Jackson Palmer couldn't hide his surprise at this growth; he didn't expect the project, which he initially thought was just a little joke, to grow so much.Dogecoin's History: Key MilestonesWhen we look at Dogecoin's bumpy journey, we can clearly see how an internet joke turned into a giant crypto asset over time. Doge, which nobody took very seriously when it first started, has grown and flourished over the years thanks to the energy and humorous spirit of its community and the impact of social media, which has come into play from time to time. Here is the history of Dogecoin...In 2013, DOGe launched: Dogecoin was officially launched; it started as a dog joke but quickly gained traction. Doge's posts on forums like Reddit and BitcoinTalk went viral, attracting millions of visitors to the site in the first month. In fact, Doge became so popular that it surpassed Bitcoin in daily trading volume within the first two weeks of its launch.Support for the Jamaican Bobsled Team in 2014: The Dogecoin community showed its generosity. 26.5 million Doge (about $30,000) was raised to support the Jamaican Bobsled Team for the Sochi Winter Olympics. In the same year, 40 million Doge was donated for clean water projects in Kenya. Such crypto donation campaigns showed the benevolent side of the Doge community and won hearts online.The years 2015-2020 were characterized by silence: Doge was relatively quiet during this period. It saw some limited movement during the crypto bull run in 2017, but failed to catch up with Bitcoin and other major coins. While the price remained low, the Doge community remained and the Dogecoin culture was not forgotten.In 2021, the Elon Musk storm hit - the price hit a record high: Elon Musk's X (formerly Twitter) posts put Doge on the world's agenda. Thanks to Musk's humorous Dogecoin tweets, the Dogecoin price skyrocketed; on May 8, 2021, DOGE hit an all-time high of $0.73. While everyone was asking, “Why has Dogecoin soared?” they found the answer in Musk's social media outreach. For example, when Musk made a joke about Doge on SNL, the price was quite volatile. Also in 2021, the Dogecoin Foundation was restructured and a roadmap for the future was set. The Dogecoin price has seen major movements since 2021. As you can see in the all-time chart below, the biggest meme coin was very quiet between 2013 and 2021. What happened in 2022-2024: The Doge community continued to grow and Dogecoin slowly began to be adopted as a payment method. An NBA team and various e-commerce sites tested Doge as payment. On social media, for every Elon Musk or celebrity Doge tweet, there was a Dogecoin Twitter effect. On the other hand, the Dogecoin Foundation and its developers worked on projects to make Doge more useful. 2025 was marked by Dogebox, Grayscale Dogecoin Trust and mining growth: So far, 2025 has been a year of serious strides for Dogecoin. The Dogecoin Foundation developed a decentralized payment infrastructure called Dogebox that makes it easy for businesses to get paid directly in Dogecoin. Users are very excited about this Dogecoin payment system. Around the same time, Grayscale launched the Grayscale Dogecoin Trust investment fund, making Dogecoin more accessible to institutional investors. There was also an important merger in the Dogecoin mining space; Z Squared and Coeptis joined forces to expand Dogecoin mining.Why is Dogecoin valuable?At first glance, Dogecoin may seem like an internet joke, but over time, Dogecoin has created its own unique community, use case and cultural value, and has managed to gain a permanent place in the cryptocurrency world. Today, Doge is more than just a fun project; it offers real value thanks to both its technological infrastructure and the strong support behind it. So what sets Dogecoin apart from the others and what makes it so valuable? Let's take a look together:Large community: Doge has a huge and passionate Doge community behind it. People continue to joke about and support Doge on social media. For example, the Doge community is connected through forums, Discord and meme contests. This vibrant community keeps Dogecoin in the spotlight.The Elon Musk effect: Tesla boss Elon Musk's support for Doge is making a big difference. Musk's frequent Doge tweets and even accepting payments with Doge at the Tesla store have increased Doge's recognition. In short, the attention brought by the Dogecoin Elon Musk relationship is driving up the value of Doge. It seems that Musk likes Doge's exuberance and popularity; every Doge tweet he shares excites the community. Some of Elon Musk's DOGE posts. Micropayments and tipping: This coin is ideal for small payments and digital tips thanks to its low fees and fast transactions. For example, it's possible to send a few hundred Doge to creators on Twitch or YouTube with zero commission. In the past, on platforms like Reddit, people used to tip their favorite content by sending Dogecoin (the DogeTipBot era), which turned Doge into a fun reward currency. This kind of usage increases Doge's popularity. It also answers the question, what is Doge coin good for?Fast and cheap transactions: Dogecoin gets transaction confirmation much faster than Bitcoin and has very low commissions. With a single click, your money can be gone in seconds and you don't have to worry about network congestion or fees. This practicality makes Doge the preferred choice for small transactions such as microcredit.Memecoin pioneering and cultural phenomenon: Dogecoin was the first major memecoin, giving birth to others like it. Shiba Inu inspired the launch of new memecoins like Baby Doge. In the crypto world, Doge is often the first answer to the question “what is a meme coin?”. Doge's pioneering has made it not just a crypto coin, but a phenomenon. Doge has also become an internet phenomenon, not just a cryptocurrency. Images of the dog in the logo are on T-shirts, mugs and stickers; slogans like “much wow, very coin” have gone viral on social media.Payment acceptance: Dogecoin's availability is also growing. Some online stores, restaurants and services are accepting Doge payments. The NBA team Dallas Mavericks, for example, offers the option to pay for tickets and merchandise with Doge. In addition, electronics retailer Newegg, airline AirBaltic, travel booking platform Travala.com and luxury fashion brand Gucci have begun accepting Dogecoin payments at select stores. In addition, thanks to platforms such as Bitrefill, users can buy gift cards with Dogecoin and indirectly shop at many big brands. Tesla enables DOGE payments. Famous supporters Dogecoin has also attracted some well-known names outside of Elon Musk. Celebrities such as rock musician Gene Simmons, rapper Snoop Dogg and French soccer player Antoine Griezmann occasionally share Doge. It is also known that Mark Cuban, the billionaire jury member of Shark Tank, openly supports DOGE. Because the Dallas Mavericks, which we mentioned above, is Mark Cuban's team.Who is the Founder of Dogecoin?So, who is the founder of Dogecoin? There are two creative names behind Dogecoin: Billy Markus and Jackson Palmer. Markus was working as a software engineer at IBM at the time, while Palmer was working in marketing at Adobe. The duo wanted to add a bit of humor to the “storm of seriousness” that was blowing through the world of cryptocurrencies at the time. So they launched Dogecoin as a fun project that combined both internet humor culture and crypto technology.Interestingly, Dogecoin was initially a joke project. Palmer saw the Doge meme and thought “how funny would it be if there was a coin”, then Markus took the idea and turned it into serious software. Palmer even announced the official launch of Dogecoin on Twitter, saying it was “just a joke”. But things grew much faster than they expected. In a matter of weeks, Doge went viral on platforms like Reddit and Twitter, people started the Dogecoin community, and miners started supporting the network.In the beginning, everything was humorous, no one fully realized that a serious financial asset was being created. But over time, as Dogecoin grew to multi-million dollar transaction volumes, a huge community and media attention, the pressure on the founders increased. Both the technical responsibilities and the expectations drained Markus and Palmer's energy. In 2015, both founders announced their complete withdrawal from the project. Billy Markus explained Doge's dizzying journey a bit bitterly, saying that he was able to sell his Dogecoins and earn a small enough sum to buy a second-hand Honda Civic.The founders' departure from the scene did not mark the end of Dogecoin, but rather a turning point. Dogecoin became a fully community-owned asset. Code contributions, fundraisers and social media efforts no longer came from a centralized leadership, but from volunteer Doge fans. Dogecoin literally became a decentralized, community-driven project. Today, the community itself is the main force driving Dogecoin's course. It has no CEO, centralized management or company; Dogecoin continues to run on the energy of the community as a fun cryptocurrency.Frequently Asked Questions (FAQ)Below, you can find answers to your questions about Dogecoin, the longest-established and largest meme coin:What is Dogecoin and how did it come to be? Dogecoin is a fun cryptocurrency known as a Shiba Inu-themed meme coin. It was created in 2013 by software engineer Billy Markus and Adobe employee Jackson Palmer as a joke. At first, it was used as a digital tipping tool among users because its value was so low. Over time, it became surprisingly popular, gained a large community, and has continued to evolve while maintaining its “fun and friendly” identity. Who founded Dogecoin? The founders of Dogecoin are Billy Markus and Jackson Palmer. Markus was working at IBM at the time, while Palmer was working at Adobe. The duo launched Doge as a joke project in 2013. After Doge's unexpected success, the duo withdrew from the project and Dogecoin evolved into a fully decentralized community-run structure. Jackson Palmer initially thought Doge was just an experiment, but watched in amazement as the project grew into a serious community.Is Dogecoin suitable for investment? Dogecoin is a high-risk investment. Its price rises and falls frequently depending on social media attention, celebrity mentions and market fluctuations. It can lead to big gains in a very short period of time, but it can also lead to big losses at the same speed. For this reason, it is generally recommended that traders allocate only a small portion of their portfolio to Doge. Remember that Doge is basically a coin based on community enthusiasm and speculation.Why does Elon Musk support Dogecoin? Elon Musk seems to be making fun of Dogecoin, but he's actually a big Doge supporter. Accepting payments with Doge at Tesla and making fun posts on X have raised Doge's profile. It seems that Musk likes the cheerful and popular aspects of Doge; every post he makes brings Doge back to the agenda. In short, Musk is supporting Doge's fun crypto identity and getting the community excited.How to buy and hold Dogecoin? You can use cryptocurrency exchanges such as Binance, Coinbase, Kraken to buy Dogecoin. On these exchanges, you can buy DOGE for TL or other cryptocurrencies. You can use a wallet to store your Doge coins. Software wallets that you can download for both your computer and phone (such as MultiDoge, Trust Wallet, etc.) or hardware wallets such as Ledger/Trezor support Dogecoin. However, do not forget to safely store the seed words given to you when installing the wallet. In addition, Doge is listed on many major crypto exchanges in our country and can be traded in Turkish Lira.Is Dogecoin supply limited? No, the total supply of Dogecoin is unlimited. Unlike Bitcoin, which is limited to 21 million, Doge has no maximum amount. Since 10,000 new Doge are created in every block, the amount of Doge in circulation is constantly increasing. This makes Doge an inflationary cryptocurrency. For example, Doge has an annual inflation rate of around 5%, which is considerably higher than Bitcoin's fixed supply policy. In the long run, not only the supply-demand balance, but also Doge's popularity and use cases affect its value. Explore our JR Kripto Guide series to learn more about Dogecoin and other community-based projects!
