SoSo Daily Apr 25 | Binance Wallet Launches 12th TGE Project: OKZOO

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 Alpaca Finance (ALPACA). As of 12:00 today, its market cap is 18.46M USD, with a coin price of 0.12250 USD, witnessing a 24-hour increase of 202%.
The second is TROY. As of 12:00 today, its coin price is 0.00022840 USD, with a 24-hour increase of 128%.
The third is Hegic (HEGIC). As of 12:00 today, its coin price is 0.026331 USD, showing a 24-hour increase of 77.9%.
In fourth place is MetaCene (MAK). As of 12:00 today, its coin price is 0.0089800 USD, with a 24-hour rise of 71%.
In fifth place is Biswap (BSW). As of 12:00 today, its coin price is 0.034960 USD, increasing by 70.1% over the last 24 hours.


Moving on, let's take a look at the sector performance in crypto market.
Acccording to sosovalue, out of 16 sectors, all are up. Notably, AI, NFT, and RWA sectors are worth mentioning.
AI sector has risen 10.2% relative to the UTC 0 time, led by gains in SPORE (47.8%), REX (45.9%), and ai16z (41.9%).
NFT sector has increased 9.04% relative to UTC 0, with PENGU (40.4%), super (12.7%), and dome (12.4%) leading the rise.
RWA sector has risen 8.28%, with lto (19.1%), ondo (15.5%), and cpool (13.3%) leading the rise.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:Wu Shuo learned that Binance Wallet has launched the 12th TGE project, OKZOO. Subscription time: April 25, 2025, 08:00–10:00 (UTC). Participation requirement: hold at least 45 Binance Alpha Points.
Next news:

According to SoSoValue data, Bitcoin spot ETF saw a total net inflow of 442.00M USD yesterday (Eastern Time, April 24th).

The Bitcoin Spot ETF with the highest net inflow yesterday was BlackRock's ETF IBIT, with a daily net inflow of 327.32M USD, and the total historical net inflow of IBIT currently stands at 40.96B USD.

The second highest was Ark Invest and 21Shares's ETF ARKB, with a daily net inflow of 97.02M USD, and the total historical net inflow of ARKB currently stands at 3.09B USD.

As of the time of publication, the total net asset value of Bitcoin Spot ETFs is 106.97B USD, with an ETF net asset ratio (market capitalization relative to the total Bitcoin market cap) of 5.77%. The historical cumulative net inflow has reached 38.05B USD.

Source: https://sosovalue.com/zh/assets/etf/us-btc-spot

Next news:Odaily Planet Daily News: According to the official announcement, Binance Futures will adjust the funding rate settlement frequency for the ALPACAUSDTU USDT-margined perpetual contract at 17:00 (UTC) on April 24, 2025. The funding rate settlement frequency will change from once every four hours to once every two hours. (This news flash was AI-assisted generated)
Next news:

According to TechFlow, on April 25, chain analyst Lookonchain (@lookonchain) monitored that a whale address, dormant for three months, deposited $2.28 million USDC into Binance and bought 1,291 $ETH at a price of $1,768 each. This address had previously sold 900 $ETH at an average price of $2,531 eight months ago and is now repurchasing more $ETH at a lower price.

Next news:The U.S. Securities and Exchange Commission (SEC) has reached a joint agreement with blockchain technology company Dragonchain to move for dismissal of the lawsuit against the company. The lawsuit originated from charges filed by the SEC in August 2022 against Dragonchain and its affiliated entities, alleging that their 2017 initial coin offering (ICO) involved unregistered crypto asset securities. Under former Chairman Gary Gensler's leadership, the SEC took enforcement actions against multiple crypto companies, classifying most crypto assets as investment securities. With a shift in policy, the SEC established a Cryptocurrency Task Force, clarifying that most meme coins do not fall under SEC regulatory scope. This dismissal reflects an adjustment in SEC policy. Following this news, Dragonchain's token price surged by 95.8% within 24 hours.
Next news:Citibank, in its latest report, forecasts that by 2030, the total supply of stablecoins could reach 3.70 trillion USD, a tenfold increase from the current scale of nearly 240 billion USD. The report points out that adoption by the financial and public sectors, as well as regulatory changes, could drive a historic transformation in the cryptocurrency market. Citibank's baseline forecast is 1.60 trillion USD, the optimistic forecast is 3.70 trillion USD, and in a pessimistic scenario, it could be only 500 billion USD. The U.S. Congress is reviewing related legislation that may promote explosive growth in stablecoins, and traditional major banks such as Bank of America also intend to enter the issuance business of dollar-backed crypto tokens. Stablecoin issuers are expected to become significant holders of U.S. Treasury bonds by 2030. The report also mentions that stablecoins may pose a certain threat to the traditional banking system through deposit substitution, with some banks lobbying to promote legislation that restricts stablecoin issuance.
Next news:Wu Shuo has learned that, according to Reuters, members of the North Korean hacker group Lazarus Group impersonated false identities to establish two shell companies in New Mexico and New York, USA—Blocknovas LLC and Softglide LLC. They spread malware through fake recruitment efforts, specifically targeting cryptocurrency developers. Cybersecurity firm Silent Push disclosed that these companies used fake interviews to lure victims and steal sensitive information such as crypto wallets and passwords, resulting in multiple developers being compromised. Silent Push described this as a rare case of "North Korean hackers registering legitimate companies in the US to carry out cyber attacks."
Next news:Ark Invest, led by Cathie Wood, has increased its bull-case bitcoin price forecast for 2030 to $2.4 million, up from $1.5 million, based on a new aggressive modeling approach. The updated projection considers bitcoin's liquid supply by discounting lost or long-held coins and assumes a compound annual growth rate (CAGR) of about 72% from 2024 to 2030. The report also provides a base case price of $1.2 million (53% CAGR) and a bear case of $500,000 (32% CAGR). Key factors influencing these projections include bitcoin's role as digital gold, institutional investment, and its adoption in emerging markets, where it offers an alternative investment to preserve purchasing power against currency devaluation. The analysis highlights that bitcoin's scarcity and lost supply are often overlooked in traditional valuation models.
Next news:South Korea's main right-wing party, the People Power Party (PPP), has announced plans to promote a new bill aimed at fostering the development of the local crypto asset industry. Kim Sang-hoon, former policy chief of the ruling party, stated that South Korea needs to end the "era of regulatory uncertainty" and usher in an era of digital asset promotion. He pointed out that the government's anti-money laundering policies have led to overregulation, hindering foreign investment from entering the local virtual asset market and causing domestic capital outflow. Kim Sang-hoon described crypto assets as a new asset class in the economy with the potential to become the "gold of the 21st century." The bill, named the "Basic Act on Digital Asset Promotion," is expected to be announced next Monday. South Korea's financial regulatory authorities are also working to relax strict regulations on cryptocurrencies, planning to gradually lift the ban on institutional investors investing in cryptocurrencies and considering allowing foreign investors to enter the local market. Additionally, the Financial Services Commission is promoting legislation related to stablecoin regulation, token listing, and information disclosure.
Next news:According to SoSoValue data, Ethereum spot ETFs had a net inflow of 63.49 million USD on April 24. Among them, BlackRock's ETHA had a net inflow of 40.03 million USD, with a cumulative net inflow reaching 4.06 billion USD; Grayscale Mini Trust $ETH had a net inflow of 18.28 million USD. Grayscale's older ETF ETHE saw a net outflow of 6.60 million USD, with a cumulative net outflow reaching 4.28 billion USD. As of now, the total net asset value of Ethereum spot ETFs has reached 5.92 billion USD, accounting for 2.78% of Ethereum's total market capitalization.

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.