Project Progress

Gate News message, April 24 — Aave service providers proposed a governance contribution of 25,000 ETH, worth approximately $58 million, from the protocol's DAO to DeFi United on Friday to help restore backing for rsETH following last week's Kelp DAO exploit. The attack compromised a LayerZero

Key Insights Cardano tokenized a Hannover Re reinsurance product and listed it on the London Stock Exchange, expanding blockchain use in regulated institutional markets. ADA price holds within a descending wedge as support at $0.2400 remains intact while resistance near $0.2550 and $0.2824 l

Key Insights Wrapped XRP on Solana surpasses 834,000 tokens, enabling new DeFi access while strengthening cross-chain liquidity and expanding XRP utility beyond its native ledger. Ethereum and Solana dominate DeFi activity, while XRP Ledger trails significantly, driving the need for

Gate News message, April 24 — Spark Protocol released its first-quarter 2026 financial report, showing total protocol revenue of $31.5 million, net protocol revenue of $6.91 million, and net protocol surplus of $3.46 million. The protocol's treasury now holds $46.1 million in assets, with $986,000 i

XRP shows weekly strength, trading above EMAs after breaking from a descending wedge; XRPL advances XLS-65/66 lending upgrades with pooled vaults and fixed-term loans; derivatives rise in volume, open interest, and options activity. Abstract: This report notes XRP's persistent weekly momentum and price strength above key moving averages following a breakout from a descending wedge. It covers XRPL validators voting on XLS-65 and XLS-66, enabling native lending, pooled liquidity vaults, and fixed-term loans to expand on-chain financial activity. It also reports rising derivatives participation, with higher trading volume, open interest, and a surge in options activity, suggesting increasing trader positioning for a continued breakout.

After the Kelp DAO cross-chain bridge was hacked, DeFi United mobilized agreements from protocols including Aave to commit 43,500 ETH (about $101 million) to provide relief for bad debts. Mantle proposed MIP-34, offering to lend up to 30,000 ETH to the Aave DAO and granting 130,000 AAVE voting rights; Stani Kulechov personally injected 5,000 ETH, and Lido and others also contributed. This move is seen as an experiment in “exchanging loans for governance rights” during a crisis, pending a vote.

Gate News message, April 24 — Nakamoto, Inc. (Nasdaq:NAKA) has announced an active management strategy for its Bitcoin treasury, marking a shift from idle holdings to derivative-based income generation. The company holds 5,058 BTC, ranking 20th among public companies with BTC holdings, and recently

Gate News message, April 24 — Decentralized trading platform GMX has launched three energy commodity perpetual contracts on Arbitrum: WTI Crude Oil (WTIOIL/USD), Brent Oil (BRENTOIL/USD), and Natural Gas (NATGAS/USD). All three contracts are available for 24/7 trading. WTI and Brent are global

Decentralized perpetuals exchange Lighter has launched Multi-Asset Margin today, enabling traders to post non-USDC assets as collateral for perpetual trading, according to Lighter's documentation. ETH is the first supported collateral asset. Users deposit a supported asset into their margin

Gate News message, April 24 — Sonic, a proof-of-stake blockchain protocol, is restructuring its architecture to address potential security risks posed by quantum computing advances, according to a report shared on April 20. The project's redesigned system aims to enable smoother adaptation to post-q

Gate News message, April 24 — Fluent, an Ethereum-based Layer 2 network, activated its mainnet and native BLEND token on Friday, launching with $50 million in committed day-one liquidity. The network features a "blended execution" environment that enables applications written for different virtual m

Gate News message, April 24 — COTI has announced a partnership with Sayfer, a blockchain security firm founded in 2019, to reinforce the security framework supporting its privacy-focused ecosystem. Sayfer will serve as a long-term security advisor to COTI, supporting the project as it prepares to

Gate News message, April 24 — CoW Swap has deployed two solver infrastructure upgrades to enhance bidding mechanisms and optimize execution processes, according to CoW DAO. The first upgrade, "hidden bids until deadline," prevents solvers from seeing each other's quotes during auctions, requiring b

Gate News message, April 24 — Shiba Inu's holder base expanded sharply between April 19 and April 22, 2026, with more than 10,000 new Ethereum wallets joining the network and pushing the total above 1.573 million. Etherscan data recorded the move as one of the fastest short-term expansions this

Gate News message, April 24 — USDD's Smart Allocator has accumulated over $16 million in investment returns, demonstrating strong self-generating capability and reinforcing its long-term competitiveness in the stablecoin sector. Smart Allocator is USDD's yield-sharing mechanism that generates retur

Coinbase's Quantum Advisory Council has identified Algorand and Aptos as the Layer-1 networks best positioned to handle future quantum computing threats, according to a report cited on April 24, 2026. While large-scale quantum risks remain years away, the report emphasizes that preparation is

Gate News message, April 24 — KelpDAO announced progress on rsETH holder recovery efforts since April 18, working with Aave and ecosystem partners. The initial shortfall was 163,200 ETH; Kelp has recovered 40,300 rsETH (approximately 43,000 ETH equivalent), while the Arbitrum Security Council secure

Gate News message, April 24 — OristaPay, a brand operating under RD Technologies, announced a complete payment pathway enabling AI agents to execute transactions within the Telegram ecosystem during the Hong Kong Web3 Festival. The system allows users to trigger digital asset transactions through na

Sonic is redesigning its blockchain architecture to ease the transition to quantum-resistant cryptography. The approach avoids complex signature aggregation used by most proof-of- stake networks. Key Takeaways Sonic redesigns proof-of- stake to avoid Boneh–Lynn–Shacham aggregation, easing quantum