The post Watch Out: These Are the Altcoins to Keep an Eye in theNew Week appeared on BitcoinEthereumNews.com. As the cryptocurrency market enters a new week, analyst The DeFi Investor has shared the projects investors should keep on their radar. The analyst’s list highlights altcoins expected to see significant updates and potential price movements. HYPE and ETHFI: EtherFi is preparing to launch perpetual futures backed by Hyperliquid. Q: Voting on Sonic’s proposal to incorporate a US company and launch an S ETF will close on August 31. SILO: Silo Finance’s proposal to distribute 50% of its revenues as USDC to xSILO holders is expected to be approved today. AI Altcoins: NVIDIA’s earnings call on August 27 could generate momentum in AI-focused projects. ANON: Daniele Sesta announced that the biggest protocol upgrade yet called HeyAnon 1.0 will be released next week. HUMA: 21% of Huma Finance’s circulating HUMA supply will unlock on August 26. LINEA: The Linea airdrop verification tool is expected to be announced next week. Macro Developments: China is considering approving yuan-backed stablecoins this month, according to Reuters. BARD: Lombard’s BARD token crowdsale begins next week. POL: Polygon CEO will hold an AMA (Ask Me Anything) event where he will announce the project roadmap. RUNE:THORChain’s next major upgrade will occur next week. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/watch-out-these-are-the-altcoins-to-keep-an-eye-in-thenew-week/The post Watch Out: These Are the Altcoins to Keep an Eye in theNew Week appeared on BitcoinEthereumNews.com. As the cryptocurrency market enters a new week, analyst The DeFi Investor has shared the projects investors should keep on their radar. The analyst’s list highlights altcoins expected to see significant updates and potential price movements. HYPE and ETHFI: EtherFi is preparing to launch perpetual futures backed by Hyperliquid. Q: Voting on Sonic’s proposal to incorporate a US company and launch an S ETF will close on August 31. SILO: Silo Finance’s proposal to distribute 50% of its revenues as USDC to xSILO holders is expected to be approved today. AI Altcoins: NVIDIA’s earnings call on August 27 could generate momentum in AI-focused projects. ANON: Daniele Sesta announced that the biggest protocol upgrade yet called HeyAnon 1.0 will be released next week. HUMA: 21% of Huma Finance’s circulating HUMA supply will unlock on August 26. LINEA: The Linea airdrop verification tool is expected to be announced next week. Macro Developments: China is considering approving yuan-backed stablecoins this month, according to Reuters. BARD: Lombard’s BARD token crowdsale begins next week. POL: Polygon CEO will hold an AMA (Ask Me Anything) event where he will announce the project roadmap. RUNE:THORChain’s next major upgrade will occur next week. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/watch-out-these-are-the-altcoins-to-keep-an-eye-in-thenew-week/

Watch Out: These Are the Altcoins to Keep an Eye in theNew Week

2025/08/25 05:16

As the cryptocurrency market enters a new week, analyst The DeFi Investor has shared the projects investors should keep on their radar. The analyst’s list highlights altcoins expected to see significant updates and potential price movements.

  • HYPE and ETHFI: EtherFi is preparing to launch perpetual futures backed by Hyperliquid.
  • Q: Voting on Sonic’s proposal to incorporate a US company and launch an S ETF will close on August 31.
  • SILO: Silo Finance’s proposal to distribute 50% of its revenues as USDC to xSILO holders is expected to be approved today.
  • AI Altcoins: NVIDIA’s earnings call on August 27 could generate momentum in AI-focused projects.
  • ANON: Daniele Sesta announced that the biggest protocol upgrade yet called HeyAnon 1.0 will be released next week.
  • HUMA: 21% of Huma Finance’s circulating HUMA supply will unlock on August 26.
  • LINEA: The Linea airdrop verification tool is expected to be announced next week.
  • Macro Developments: China is considering approving yuan-backed stablecoins this month, according to Reuters.
  • BARD: Lombard’s BARD token crowdsale begins next week.
  • POL: Polygon CEO will hold an AMA (Ask Me Anything) event where he will announce the project roadmap.
  • RUNE:THORChain’s next major upgrade will occur next week.

*This is not investment advice.

Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!

Source: https://en.bitcoinsistemi.com/watch-out-these-are-the-altcoins-to-keep-an-eye-in-thenew-week/

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Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

The post Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO appeared on BitcoinEthereumNews.com. Aave DAO is gearing up for a significant overhaul by shutting down over 50% of underperforming L2 instances. It is also restructuring its governance framework and deploying over $100 million to boost GHO. This could be a pivotal moment that propels Aave back to the forefront of on-chain lending or sparks unprecedented controversy within the DeFi community. Sponsored Sponsored ACI Proposes Shutting Down 50% of L2s The “State of the Union” report by the Aave Chan Initiative (ACI) paints a candid picture. After a turbulent period in the DeFi market and internal challenges, Aave (AAVE) now leads in key metrics: TVL, revenue, market share, and borrowing volume. Aave’s annual revenue of $130 million surpasses the combined cash reserves of its competitors. Tokenomics improvements and the AAVE token buyback program have also contributed to the ecosystem’s growth. Aave global metrics. Source: Aave However, the ACI’s report also highlights several pain points. First, regarding the Layer-2 (L2) strategy. While Aave’s L2 strategy was once a key driver of success, it is no longer fit for purpose. Over half of Aave’s instances on L2s and alt-L1s are not economically viable. Based on year-to-date data, over 86.6% of Aave’s revenue comes from the mainnet, indicating that everything else is a side quest. On this basis, ACI proposes closing underperforming networks. The DAO should invest in key networks with significant differentiators. Second, ACI is pushing for a complete overhaul of the “friendly fork” framework, as most have been unimpressive regarding TVL and revenue. In some cases, attackers have exploited them to Aave’s detriment, as seen with Spark. Sponsored Sponsored “The friendly fork model had a good intention but bad execution where the DAO was too friendly towards these forks, allowing the DAO only little upside,” the report states. Third, the instance model, once a smart…
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BitcoinEthereumNews2025/09/18 02:28