SoSo Daily Apr 21 | Vitalik Buterin proposed replacing the Ethereum EVM with RISC-V to enhance scalability.

Let's turn our attention to today's overall Crypto market situation.
As of 6:01 AM on April 21, 2025, according to sosovalue, the total market cap of the crypto market stands at 2.85 trillion US dollars, witnessing an increase of 0.266% compared to yesterday; the total trading volume is 70.55 billion US dollars, marking a significant rise of 55.3% from the previous day.

After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 12:00 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Taboo. As of 06:00 today, its market cap is 4.79M, with a coin price of 0.00048990 USD, witnessing a 24-hour increase of 305%.
The second is Loom Network (NEW). As of 06:00 today, its coin price is 0.036320 USD, with a 24-hour increase of 148%.
The third is Function X. As of 06:00 today, its coin price is 0.12110 USD, showing a 24-hour increase of 137%.
In fourth place is Hello Pets. As of 06:00 today, its coin price is 0.026050 USD, with a 24-hour rise of 109%.
In fifth place is Elixir. As of 06:00 today, its coin price is 0.16070 USD, increasing by 74.9% over the last 24 hours.




Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:Ethereum co-founder Vitalik Buterin proposed a long-term plan at the Ethereum Magicians forum to replace the bytecode of the Ethereum Virtual Machine (EVM) with the open-source RISC-V architecture to improve the scalability of the blockchain network. Buterin stated that this radical change might be the only viable way for the execution layer to gain similar simplification benefits as the consensus layer.
Next news:The price of Bitcoin has surpassed $87,000, reaching a new high in several weeks, driven by increased global liquidity and renewed institutional interest. However, analysts believe it is still too early to talk about the next bull market. Bitcoin's price has risen more than 2.4% in the past 24 hours, reaching $87,325, marking the first time it has breached the $87,000 threshold since April 2. Previously, the price of Bitcoin had dropped to $74,500 due to tariff policies pushed by U.S. President Trump. The increase in the global M2 money supply and interest from institutional investors are considered the main factors driving the rise in Bitcoin's price. Nevertheless, analysts warn that uncertainties in trade negotiations and high yields remain potential risks for the market.
Next news:

According to an official announcement from Wu Shuo, Binance will transfer the following tokens from users' Binance Alpha accounts to their spot accounts between April 22, 2025, 16:00 (UTC+8) and April 22, 2025, 20:00 (UTC+8). The tokens include BIGTIME, VIRTUAL, ONDO, TUT, MUBARAK, and BROCCOLI. Users will be able to trade, deposit, or withdraw these tokens through networks supported by Binance.

Next news:

According to Wu's report, based on monitoring by Lookonchain, a certain wallet withdrew 2.90 million OM from Binance a month ago at a price of $6.46, valued at approximately $18.70 million. 14 hours ago, the wallet deposited 1.72 million OM (around $1 million) back into Binance, currently incurring a loss of about $17 million.

Next news:

According to @_maditim's data panel, since its launch on April 16, Raydium LaunchLab has created a total of 3.76 thousand tokens, successfully launched 42 of them to the external market, with a graduation rate of 1.12%. Currently, Pump Fun still accounts for over 60% of the daily token creation in Solana.

Next news:Japanese investment company Metaplanet announced the purchase of an additional 330 bitcoins, valued at $28.20 million. This marks the company's third bitcoin purchase this month, despite uncertainty in the market due to U.S. tariff measures. The average purchase price for this acquisition was 12.18 million yen (approximately $85,605) per bitcoin. Bitcoin prices have surpassed $87,000 for the first time since April 2, currently trading at $87,279. Metaplanet has adopted a bitcoin accumulation strategy since April 2024, continuing its purchases despite the market decline following the U.S. tariff announcement. In April, Metaplanet purchased 809 bitcoins with a goal of reaching 10,000 bitcoins by the end of the year. Metaplanet currently holds 4,855 bitcoins, with an average purchase price of $89,928, making it the largest corporate holder of bitcoin in Asia and the tenth largest globally. Meanwhile, Michael Saylor's Strategy company purchased 3,459 bitcoins last week, bringing its total holdings to 531,644 bitcoins. Saylor stated on social media platform X that tariffs would not affect the company's bitcoin purchases. Strategy has recorded an unrealized loss of $5.91 billion in its bitcoin holdings for the first quarter of this year. Metaplanet's stock on the Tokyo Stock Exchange rose by 0.85%, with a 1,086% increase in share price over the past year.
Next news:According to Wu, Bybit CEO Ben Zhou released a briefing on the tracking of stolen funds, with the total amount of stolen crypto assets around $1.40 billion (approximately 500 thousand $ETH). Among these, 68.57% are still traceable, 27.59% have become "untraceable" due to being off-chain, and 3.84% have been frozen. The majority of untraceable funds have flowed into crypto mixers, and then moved to P2P and OTC platforms via cross-chain bridges. On-chain data shows that about 432,748 $ETH (accounting for 84.45%, roughly $1.21 billion) have been transferred to the Bitcoin chain via Thorchain, of which approximately 67.25% were exchanged for 10,003 $BTC, dispersed across 35,772 addresses, with only about 1.17% $ETH remaining on the Ethereum network. Additionally, 944 $BTC have flowed into Wasabi Mixer, and 531 $BTC have returned to the Ethereum network via Thorchain.
Next news:

According to Foresight News, monitored by Lookonchain, a certain whale withdrew 1,897 $ETH from Bitget 10 hours ago, valued at approximately 3 million USD. Since April 3, this whale has withdrawn a total of 3,844 $ETH from Bitget, valued at approximately 6.51 million USD.

Next news:

According to Foresight News, monitored by Onchain Lens, a certain whale deposited 5.10 million USDC into HyperLiquid and placed short orders for HYPE between $18.5 and $18.9.

According to Foresight News, monitored by Onchain Lens, a certain whale deposited 5.10 million USDC into HyperLiquid and placed short orders for HYPE between $18.5 and $18.9.

Next news:The founder of ai16z: the native token of auto.fun is ai16z.

Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.