Latest DePIN Funding News

Investor Shift: XRP to Emerging DeFi Projects cover
a month ago

Investor Shift: XRP to Emerging DeFi Projects

In recent developments surrounding Ripple's XRP, a noticeable shift in investor behavior has emerged. Whale wallet movements and market data suggest that institutional wealth is gradually transitioning from XRP to newer assets such as Bittensor (TAO), MemeCore (MEMECORE), and Remittix (RTX), a burgeoning DeFi project. This trend highlights a broader movement within the cryptocurrency market, where investors are increasingly favoring tokens with strong real-world applications and significant growth potential. Currently, XRP is experiencing heightened volatility, trading at $2.46, down 6.69%, with a market capitalization of $148.03 billion. Despite a 32.39% increase in daily trading volume to $6.53 billion, market sentiment remains cautious. Analysts have observed that XRP whales are diversifying their holdings, driven by concerns over regulatory delays and diminished network activity. In contrast, Bittensor (TAO) has seen a 9.12% decline to $392.48, although its trading volume rose by 13.53% to $468.61 million, indicating ongoing repositioning rather than mass selling. Meanwhile, MemeCore (MEMECORE) has emerged as a surprising gainer, increasing by 10.53% to $2.48, bolstered by a 22.99% rise in trading activity. Among the altcoins gaining traction, Remittix (RTX) stands out as a promising DeFi project, offering a crypto-to-fiat bridge that facilitates direct payments from blockchain wallets to bank accounts in over 30 countries. The project has successfully raised over $27.7 million in private funding and sold more than 681 million tokens, with a current price of $0.1166. Remittix's credibility has been reinforced by its verification from CertiK, ranking it #1 among pre-launch tokens. The team is also beta testing its wallet for iOS users, preparing for a broader rollout. As the market continues to evolve, projects like Remittix, Bittensor, and MemeCore are becoming increasingly attractive to investors seeking functionality and real-world utility in their crypto portfolios.
Bittensor's TAO Token Surges 18% Amid Institutional Advancements and ETP Launch cover
a month ago

Bittensor's TAO Token Surges 18% Amid Institutional Advancements and ETP Launch

Bittensor's native token TAO has recently surged by 18%, reaching a price of $490, just shy of the critical psychological barrier of $500. This impressive rise positions TAO at the forefront of daily gainers, outpacing other notable cryptocurrencies, including privacy-focused Zcash, which saw a 15% increase within the same timeframe. The surge in TAO's price is attributed to a combination of institutional advancements and the recent announcement of the world's first staked Bittensor Exchange Traded Product (ETP), launched by Deutsche Digital Assets and Safello. This development has generated renewed interest in digital asset investment products, further propelling TAO's growth. The launch of the ETP, secured by BitGo Europe and based in Liechtenstein, aims to bridge traditional finance with decentralized AI, potentially unlocking significant institutional capital in Europe that has previously been hindered by regulatory challenges. Analysts are optimistic about TAO's price trajectory, suggesting that a sustained close above $500 could lead to a breakout towards $700, with the potential for new all-time highs. Despite the inherent volatility of the cryptocurrency market, the outlook remains bullish, particularly with the upcoming Bittensor halving and major ecosystem upgrades on the horizon. Bittensor has now established itself as the largest AI token by market capitalization, valued at $4.69 billion. This growth comes amid a broader market uptick in AI-related projects, although the overall artificial intelligence token category has seen a slight dip of 1.2% in total market capitalization. Investor enthusiasm for Bittensor is further fueled by recent gains in AI-focused equities from major players like Nvidia and Microsoft. As whale accumulation and halving sentiment continue to build, Bittensor's trajectory is one to watch closely in the coming months.
Binance Alpha Announces Exclusive Airdrops for Innovative Projects cover
a month ago

Binance Alpha Announces Exclusive Airdrops for Innovative Projects

Binance Alpha is set to launch a series of exclusive airdrops for three innovative projects: Nubila Network (NB) on October 31, Marina Protocol (BAY) and Audiera (BEAT) on November 1. This initiative is designed to reward eligible users who have accumulated enough Alpha Points, a reward system that incentivizes active participation within the Binance ecosystem. Users can claim their tokens on the Alpha Events page once trading opens, making it essential for participants to engage in trading and other activities to gather sufficient points ahead of the airdrop dates. Nubila Network aims to create a "physical perception layer" for the autonomous economy and AI by collecting real-world data through sensors that monitor various environmental factors. This data is then validated and anchored on-chain, ensuring transparency and reliability for AI applications and smart contracts. Recently, Nubila raised $8 million in a seed funding round, bringing their total funding to $10.5 million, and they currently operate over 20,000 sensors and 16,000 validator nodes across more than 120 countries, targeting sectors like prediction markets and AI-driven finance. Marina Protocol is a marketing infrastructure platform that transforms traditional marketing campaigns into Web3 initiatives, allowing users to engage in gamified activities while earning rewards. With 1.3 million users across 200+ countries, Marina's recent funding of $1.68 million will help enhance their smart-contract-based reward system. Meanwhile, Audiera is revolutionizing the rhythm and dance game genre in Web3, boasting over 3.2 million registered wallets and a unique "dance to earn" model. As these projects highlight the diverse applications of blockchain technology, the upcoming airdrops present a valuable opportunity for crypto enthusiasts to engage with innovative solutions in the space.
Crypto.com Seeks Bank Charter Amidst ETP Season and AI Project Growth cover
a month ago

Crypto.com Seeks Bank Charter Amidst ETP Season and AI Project Growth

Crypto.com has recently applied for a national trust bank charter, allowing it to operate as a regulated bank in the United States. This move is expected to enhance the exchange's credibility and competitiveness in the market. Meanwhile, the Bittensor community is celebrating the approval of TAO's ETP, a significant milestone for the artificial intelligence project. With the AI sector projected to grow 25 times by 2030, institutional investors are keen to tap into this promising market, and those who invested in TAO five years ago have seen their investments soar by 100 times. The crypto market appears to be entering an "ETP season," with multiple announcements of exchange-traded products (ETPs) occurring simultaneously. Notable launches include the TAO ETP by Safello in partnership with Deutsche Bank, the Toncoin ETP by CoinShares, and Grayscale's Solana ETP. ETPs provide a government-approved way for institutional investors to gain exposure to cryptocurrencies without holding the tokens directly. This trend is likely to continue, with more cryptocurrencies expected to receive ETPs in the coming weeks, including Doge and XRP. Among the top cryptocurrencies to consider are DeepSnitch AI, Bittensor (TAO), and Crypto.com (CRO). DeepSnitch AI is gaining traction with its presale, which has raised over $475,000 and surged by 37%. The project aims to democratize information for small investors through its AI intelligence dashboard. Bittensor remains a strong contender in the AI space, while Crypto.com is benefiting from its partnership with Trump Media and its bank charter application. As the market evolves, these projects present significant opportunities for investors looking for substantial returns in the near future.
Safello Launches First Staked TAO ETP on SIX Swiss Exchange cover
a month ago

Safello Launches First Staked TAO ETP on SIX Swiss Exchange

Safello is making significant strides in the crypto investment landscape by launching its first staked TAO exchange-traded product (ETP) in collaboration with Deutsche Digital Assets (DDA). Set to debut on the SIX Swiss Exchange on November 19 under the ticker STAO, this innovative product will allow investors to gain regulated exposure to Bittensor while earning staking rewards. The ETP is designed to cater to both retail and institutional investors, marking a pivotal moment for Safello as it ventures into the ETP market with a management fee of 1.49%. This move highlights the growing interest in tokenized, yield-generating ETPs linked to blockchain and AI networks. The Safello Bittensor Staked TAO ETP is physically backed by TAO, securely held in cold storage by a regulated custodian. Investors will benefit from automatic reinvestment of staking rewards, which adds an attractive layer to the investment. The ETP tracks the Kaiko Safello Staked Bittensor Index, providing a comprehensive view of TAO’s staking performance and market activity. This structure is similar to existing physically backed ETPs for Bitcoin and Ethereum, but with a unique focus on the staking returns generated by Bittensor’s AI-linked ecosystem. Safello's CEO, Emelie Moritz, emphasized that this listing is a crucial milestone for the company, as it aims to bridge traditional finance with blockchain innovation. The collaboration with DDA not only ensures regulatory compliance but also enhances the product's credibility in the market. As the demand for secure and regulated exposure to digital assets continues to rise, Safello's TAO ETP is poised to attract attention from a diverse range of investors seeking to explore the potential of staking-based digital assets in a regulated environment.
November Promises Growth for Key Cryptocurrencies: Bittensor, Polkadot, Solana, and Remittix cover
a month ago

November Promises Growth for Key Cryptocurrencies: Bittensor, Polkadot, Solana, and Remittix

As the cryptocurrency market transitions from a volatile October, November is shaping up to be a promising month with historical average gains exceeding 40%. Market analysts are particularly optimistic about several key players, including Bittensor, Polkadot, Solana, and the emerging PayFi solution, Remittix (RTX), which are expected to yield significant returns for investors. Bittensor (TAO) has emerged as a standout token, experiencing a remarkable 40% price increase over the past month. This growth is attributed to a robust ecosystem and a shift in staking behavior, which has generated heightened interest in subnet tokens. Analysts predict that if the bullish trend continues, Bittensor could potentially reach a price of $470, making it a focal point for investors looking for high returns. Polkadot is also making strides with governance reforms that limit its total supply to 2.1 billion DOT and enhance its treasury management through a decentralized autonomous organization (DAO). With over $3 billion in total value locked (TVL) across its parachains, Polkadot is establishing itself as a multichain economy. Experts forecast a price range between $4.01 and $13.90 by 2025, driven by its technical capabilities and real-world integrations. Meanwhile, Solana is leveraging institutional demand with the approval of spot ETFs in Hong Kong, which could significantly boost its price. Lastly, Remittix is gaining traction as a revolutionary PayFi solution, having raised over $27.7 million and confirmed listings on major exchanges, indicating strong institutional interest and retail engagement.
Deutsche Digital Assets and Safello Launch Bittensor Staked TAO ETP cover
a month ago

Deutsche Digital Assets and Safello Launch Bittensor Staked TAO ETP

Deutsche Digital Assets (DDA) has partnered with Safello to launch the Safello Bittensor Staked TAO ETP, which provides regulated exposure to Bittensor’s TAO token along with staking rewards. This new exchange-traded product (ETP) is set to debut on the SIX Swiss Exchange, a prominent venue for crypto ETPs in Europe. The launch aligns with the increasing availability of digital asset products in the market, following the introduction of BlackRock's Bitcoin ETP. Bittensor, recognized as a leading decentralized artificial intelligence (AI) project, continues to gain traction, particularly as major tech companies like Nvidia and Microsoft drive interest in AI tokens. The Safello Bittensor Staked TAO ETP, announced on October 29, 2025, is a collaboration that offers a physically backed Bittensor ETP to the growing market. This product will track the Kaiko Safello Staked Bittensor Index (KSSTAO) and is registered in Liechtenstein. Trading under the ticker STAO, the ETP is designed for seamless transactions during standard market hours. It is fully secured in cold storage by the regulated custodian BitGo Europe GmbH, ensuring that it holds 100% physical TAO reserves, which is crucial for investor confidence. Investors can expect total returns from both the appreciation of TAO’s price and staking yields, which will be automatically reinvested into the net asset value (NAV). With a total expense ratio (TER) of 1.49%, this ETP is positioned as an attractive option for portfolio diversification, especially as interest in AI-driven blockchain assets rises. Maximilian Lautenschläger, CEO of DDA, expressed enthusiasm about the collaboration, highlighting the strategic fit and the opportunity to bring innovative crypto investment strategies to market while adhering to regulatory standards. Safello’s CEO, Emelie Moritz, also emphasized the significance of this launch in promoting decentralized AI and reshaping future value creation through accessible investment vehicles.
Nvidia CEO's China Visit Sparks Rally in AI Cryptocurrencies cover
a month ago

Nvidia CEO's China Visit Sparks Rally in AI Cryptocurrencies

Nvidia CEO Jensen Huang's recent visit to China has ignited a significant rally in AI-focused cryptocurrencies, alleviating investor concerns regarding U.S.-China tech tensions. The total market capitalization of the AI crypto sector surged to $32.88 billion, buoyed by a remarkable 35.56% increase in Virtual Protocol (VIRTUAL). Other notable AI tokens such as AIXBT, Akash Network (AKT), and Render (RNDR) also experienced double-digit gains, indicating a broader resurgence in investor confidence within the sector. The impact of Huang's diplomatic mission was immediate and profound. His visit was interpreted as a positive sign for ongoing AI development despite geopolitical challenges, leading to a notable spike in the prices of established AI tokens. Analysts from Fundstrat highlighted VIRTUAL's unique positioning to leverage the burgeoning AI agent economy, further fueling investor interest. Meanwhile, early-stage projects like DeepSnitch AI are capturing attention as they offer exposure to AI infrastructure at a lower cost, making them attractive options for savvy investors looking for growth opportunities. DeepSnitch AI has emerged as a standout project, currently trading at $0.02032 in its presale stage. The platform aims to address the information asymmetry faced by crypto traders by utilizing AI agents to track whale movements and market trends in real-time. Having raised over $470,000 in its presale, DeepSnitch is positioned for explosive growth, with projections of potential 100x returns by 2025. As optimism builds in the AI crypto sector, driven by the recent rally and the anticipation of positive developments from the upcoming U.S.-China trade meeting, investors are keenly eyeing opportunities like DeepSnitch AI to capitalize on this momentum.
Bittensor (TAO) Price Surges as Demand for Subnets Increases cover
a month ago

Bittensor (TAO) Price Surges as Demand for Subnets Increases

Bittensor (TAO) has recently experienced a significant price surge, climbing over 10% and surpassing the $450 mark. This increase is largely attributed to renewed demand for its subnets and a rise in speculative activity, which has sparked optimism within the AI crypto sector. The decentralized machine-learning network has seen a notable spike in trading volumes and open interest, indicating a growing confidence among investors. As TAO breaks through key resistance levels, traders are now setting their sights on the $500 milestone, raising questions about whether this AI-powered blockchain can maintain its bullish momentum. The rally in Bittensor's price can be linked to a combination of bullish technical and fundamental factors. A significant catalyst is the increasing demand for Bittensor's subnets, which saw an 11% increase in market cap in just 24 hours, showcasing heightened usage and developer engagement. Additionally, futures open interest surged nearly 19%, reflecting strong speculative participation. On a technical level, TAO has successfully broken above a long-term descending trendline, signaling a key bullish reversal pattern that has attracted the attention of traders who view Bittensor as a promising player in the AI and crypto narrative, especially with growing institutional interest in decentralized machine learning networks. From a technical perspective, Bittensor's breakout above $434 has transformed a crucial resistance level into support, confirming a bullish reversal on both the 4-hour and daily timeframes. The price has consistently formed higher highs and higher lows, indicating sustained buying momentum. Analysts have identified the $466–$475 range as the next critical resistance zone, beyond which TAO could aim for $500 in the short term. With rising trading volumes and the potential for a golden cross—a classic bullish signal—Bittensor appears to be well-positioned for further gains. However, the $470–$480 range remains a significant barrier that must be overcome for continued upward movement toward $500 and beyond.
Hivemapper Network Introduces Region-Based Staking for HONEY Tokens cover
a month ago

Hivemapper Network Introduces Region-Based Staking for HONEY Tokens

The Hivemapper Network has introduced a new proposal for region-based staking, allowing participants to stake HONEY tokens in specific geographic areas to earn weekly rewards based on the activity in those regions. This innovative approach encourages stakers to commit to particular areas, rewarding them when those regions achieve significant mapping progress and real-world data consumption. Each week, 10% of global emissions, reallocated from MIP-22, will fund the staking pool rewards, which are distributed exclusively to regions with active stakes. The rewards are divided into two categories: 70% based on regional mapping progress and 30% based on actual network consumption, ensuring that resources are directed to areas generating genuine activity. The mechanics of region-based staking involve a soft cap for each region, preventing excessive concentration of stakes. The mapping progress pool rewards regions based on how much of their soft cap is filled, while the consumption pool allocates rewards based on actual HONEY burns from network usage. This dual approach not only incentivizes mapping contributions but also aligns the interests of stakers and mappers, fostering a sustainable ecosystem. Unclaimed rewards from inactive regions will be permanently burned, further promoting active participation and fair competition across all regions. Overall, region-based staking is designed to transform HONEY into a tool for active network participation, driving growth and sustainability within the Hivemapper ecosystem. By directing capital to high-potential regions and linking token value to real-world utility, this initiative aims to create a decentralized mapping network with committed participants. The community is encouraged to engage in discussions about this proposal on Hivemapper's Discord server, with feedback being collected until November 2, 2025, to refine the network's design and ensure its long-term success.
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