Core Introduction and Ecological Status

Since the launch of the mainnet in 2023, Core has accumulated over 21 million on-chain addresses and 279 million transactions, with a total value locked (TVL) of over 411 million U.S. dollars, and has gained support from approximately 55% of Bitcoin mining hash power, becoming an important cornerstone in the BTCfi space.

CORE price trend review

The price performance of CORE is closely related to the trends of Bitcoin. The increase in demand for non-accomplice stake and the introduction of institutional products, such as Valour’s BTC ETP, have both driven the price upward. Significant technological upgrades like Fusion have also generated market expectations, leading to a rebound in price after important announcements.

Analysis of the staking and re-staking mechanism

Core adopts two models: Bitcoin staking and Re-Staking. Bitcoin staking allows users to directly lock BTC and participate in validator elections to earn CORE rewards; Re-Staking involves using BTC through third-party protocols for other chains or services, which carries higher risks. Core is centered around staking and gradually establishes Re-Staking applications to enhance yield stability.

Dual Staking Innovation Mechanism

Dual Staking is an innovative mechanism of Core that allows users to simultaneously stake BTC and CORE to achieve higher yields. This design binds the dual-token economy, enhances user stickiness and asset allocation flexibility, and attracts large accomplices like Copper to integrate this mechanism.

CORE Price Prediction

According to AI model analysis, the price of CORE is expected to show a medium to long-term upward trend with the growth of users, expansion of the ecosystem, and increased institutional adoption. The short-term target price range is about $2.5 to $3.2, the medium-term is expected to reach $4 to $5.5, and in the long term, there is potential to break through $7.

Future challenges and risks

Despite Core’s strong performance, it still faces challenges from competitors like EigenLayer, and macro market fluctuations and regulatory uncertainties may also impact its development. The legal definition of stake products remains controversial, and attention to relevant policy trends is necessary.

Summary

Core introduces an innovative and robust earning model for the BTCfi sector through a decentralized, non-custodial Bitcoin staking mechanism. With the promotion of new mechanisms such as Dual Staking and the expansion of the ecosystem, CORE tokens possess good growth potential, making them worthy of ongoing investor attention.