Token Events

According to on-chain analyst Yu Jin’s monitoring, Spark completed its first month of token buybacks on April 6, spending 571,957 USDS to purchase 26.66 million SPK tokens at an average price of $0.0215. The buyback program is expected to run for 12 months, with an annual buyback-to-circulation rate of up to 12%.

The essay highlights challenges in direct RWA token exposure, emphasizes the potential in leverage opportunities amid settlement delays, critiques Morpho's governance token structure, and presents Fluid as a more effective token model with stablecoin links.

This week will see multiple token unlocks totaling more than $36 million. The main ones include APT, BABY, and LINEA, among others, with unlock dates concentrated from April 6 to April 13, impacting the share of circulating supply for each.

According to Ember monitoring, in the first month of Spark’s buyback program, 571,957 USDS were repurchased, and 26.6 million SPK were purchased at an average price of $0.0215. The expected annual buyback will reach 12% of the circulating supply, about 320 million SPK.

What to know: Stablecoins are into their third phase of evolution - the institutionalization era - transitioning from crypto-native tools into core financial infrastrucutre. What began as a mechanism for trading and liquidity has evolved into a foundational layer for payments, cross-border

The essay discusses advancements in machine learning for Bitcoin transaction classification, highlights Zcash's increasing use of shielded transactions, and outlines the growth of decentralized liquidity in bypassing KYC. It also covers Zcash's post-quantum initiatives and its recent organizational restructuring.

On April 5, Spark completed its first token buyback, spending 571,957 USDS to purchase 26.66 million SPK tokens at an average price of $0.0215, which is about 1% of the circulating supply. The buyback program is expected to last 12 months, and within the year it could repurchase about 320 million SPK tokens worth $6.86 million.

Jack Dorsey posts to announce that he will restart the Bitcoin tap activity on April 6, 2026, paying tribute to early developers and reigniting the spirit of the community. This event comes against the backdrop of a Bitcoin market pullback, and the Bitcoin held by Block, the company led by Dorsey, still remains profitable.

Gate News message, April 4, Hyperliquid ecosystem crypto trading and consumer platform Based recently announced the launch of the Launchpool feature. Based token holders can stake their tokens to earn points, and thereby participate in Launchpool activities. It is reported that the first project to go live on the platform’s Launchpool is Pull Fun.

The Pi Network's first large-scale reward distribution for KYC validators involved over 1 million users completing 526 million validation tasks. This decentralized approach enhances security and encourages user participation, paving the way for future expansions.

The Ethereum Foundation has staked over 45,000 Ether recently, bringing the total to about 69,500 ETH, just shy of their 70,000 ETH goal. This move aims to enhance financial sustainability and support crucial applications while managing staking risks during potential hard forks.

FTX/Alameda sold 6.94 million DRIFT tokens through Wintermute, raising about $320k. This liquidation took place after the Drift Protocol suffered a $285 million hack. The 8.33 million DRIFT tokens Alameda received from early investments have since seen their current value drop sharply, with the initial investment value falling significantly.

Ripple Prime earns strong new credit score Shiba Inu sees strong network activity as burn rate rockets 2,332% Cardano executive teases potential Mastercard partnership Ripple Prime earns strong new credit score Ripple has secured a "BBB" investment-grade issuer rating for its newly formed

What to know: Machine learning is increasingly effective at classifying Bitcoin transaction patterns from on-chain data alone. The TRAP attack links IP addresses to pseudonyms across Ethereum, Bitcoin, and Solana with 95%+ success, without legal process. Obfuscation-based privacy degrades

Polarise has joined forces with UXLINK to create a strategic partnership within the rapidly changing world of decentralized finance and social gaming. Together, they will create an incentive for early adopters in the form of limited-edition PolariseCards. This partnership seeks to leverage Synergy

Agora announces that, effective immediately, it will stop issuing and supporting AUSD on the Injective network. Users can redeem AUSD on a 1:1 basis, with the redemption window running until September 28, 2026. Users must operate through official channels; afterward, KYC verification and fees may be involved. This adjustment is based on a multi-chain deployment assessment mechanism.

Gate News message, on April 3, edgeX released an announcement stating that it has permanently destroyed 2.52837 million EDGE tokens. The announcement stated that the burning of EDGE tokens obtained from the buyback has officially been initiated; going forward, it will permanently destroy the tokens obtained from the buyback once every 24 hours.

Gate News message, April 3, the Nasdaq-listed blockchain-native capital markets Figure Technology Solutions released its 2026 Q1 operating data report. The report shows that its subsidiary stablecoin YLDS circulating supply has increased to $598 million, up 2% from last month; in addition, transaction volume in its platform consumer lending marketplace is close to $1.2 billion.

GoPlus announced on April 3 that SafuSkill would launch the Launchpad feature, aiming to build the underlying infrastructure for issuing AI Skills and generating revenue. This feature integrates the marketplace, a token launchpad, and a rewards system. It supports developers in issuing Skill tokens and connecting them to liquidity pools, providing security safeguards and enabling reward withdrawals. SafuSkill is intended to help AI Skills shift toward asset-like characteristics and to promote the growth of the Skill Economy ecosystem.

Gate News message: On April 3, the decentralized derivatives trading platform ApeX Protocol completed the distribution of March deposit and trading activity rewards, and the next round of activities is about to begin.