Token Events

Backpack founder Armani Ferrante clarified several issues regarding recent concerns, emphasizing that the company has not engaged in over-the-counter trading of modern coins, long-term holders will enjoy VIP status, protecting retail users is the goal, short-term price fluctuations are irrelevant, and the commitment to a long-term development vision remains firm.

Backpack founder Armani Ferrante addressed community concerns on social media, clarifying that the team did not cash out via OTC trading, outlined holder rights arrangements, introduced a new witch review and handling approach, and emphasized that token performance is closely tied to the team’s interests—while pushing forward related work and product development.

The Web3 social infrastructure project UXLINK has announced an ecological strategy upgrade, launching UXLINK Agent and AI social networks. The new technology will support content optimization and intelligent retrieval, driving social account growth. The business model and token economics will also be adjusted to ensure community members share in the dividends of the AI era.

The Pi Network ecosystem has entered a critical stage of advancement, with over 119,000 users completing the second migration, marking progress in the mainnet expansion. Despite increased user activity, the number of PI on trading platforms has risen, and holders tend to circulate in the market, causing price pressure. The current price is about $0.18, down 94% from its peak. Future trends will depend on application implementation and real demand.

Pi Network announced on March 27 that more than 119,000 users have completed the second migration, successfully transferring mining rewards to the mainnet. On-chain data shows that Pi’s reserves on centralized exchanges reached 472 million coins, up 79.5%, and potential supply pressure may affect the token’s price movement. Pi Network also launched the Pi Launchpad and the Pi App Studio, marking the development of its ecosystem.

Eric Trump, son of Donald Trump, stated that the Trump family's cryptocurrency business has generated over $1 billion, including Meme Coins, NFTs, and stablecoins. The Trump Meme Coin is expected to contribute $350 million, while NFTs will issue four generations of products between 2022 and 2024. The crypto platform WLFI has also secured funding through token sales.

Chainlink added 131,905.93 LINK on March 26, bringing the total reserves to 2,795,491.19 LINK, valued at approximately 24.88 million USD. These reserves support the long-term growth and sustainability of the network, stemming from off-chain revenue generated by enterprise adoption and on-chain revenue from service usage.

What to know: The Problem: 90% of stables are "dead weight." Issuers take your fiat, buy T-bills, and keep 100% of the yield - a massive "hidden tax" on users. The Opportunity: Over $11B in DAO treasuries and $1.2B in DEX liquidity is currently unproductive. Emerging Solutions: I

Gate News bot news, according to the official announcement from Gate Gate will launch the spot trading and swap trading of WorldLand (WL) for the first time. The WL/USDT trading pair will open for spot trading on March 31, 2026, at 18:00 (UTC+8) and for swap trading at 19:00. Withdrawals are expected to open on April 1 at 18:00. Gate is also launching the 338th HODLer Airdrop, where users holding more than 1 GT can participate in sharing 133,334 WL tokens. The airdrop event will end on March 31, 2026, at 16:00 (UTC+8), with 100% unlocking. VIP 10 users and above can enjoy an unlimited participation quota. WorldLand is a computation verification project based on PoW, achieving transparent verification of GPU computational execution through proof of computation. The WL token adheres to the BEP-20 standard, with a total supply of 1 billion tokens, of which 50.46% is allocated for mining, halving every 4 years; 15% is allocated to core builders, with 10% unlocking every 3 months after a 12-month cliff; 20% is for ecosystem development, also with a 12-month cliff; and 14.54% is allocated for liquidity, airdrops, and the community.

MicroStrategy CEO Phong Le said that 80% of the holders of its perpetual preferred stock STRC are retail investors, with an annual dividend yield of 11.5%. This product is designed to provide an entry point for investors who can’t tolerate Bitcoin volatility. The company plans to raise $42 billion through two channels in the near term to expand its Bitcoin reserves.

The Wildcard project held its token launch on March 27, with a market value reaching $1.1 million at one point, but it is now only $809,000, raising doubts about the project. Although the founder has a rich background, the project's progress has not met expectations, and multiple funding rounds have failed to revitalize the project. The low liquidity pool of the token reflects the impact of a lukewarm crypto market on gaming projects.

What to know: Direct RWA token exposure doesn't work. The economic value from tokenization accrues to curators and issuers, not governance tokenholders - Kamino's 80% deposit growth alongside a 16% token decline is the cleanest proof of this. The leverage problem is the most interesting

Retail investors are reportedly the largest cohort in Strategy’s high-yield, low-volatility “Stretch” shares, which have been used to buy more than $1 billion worth of Bitcoin this year.  Around 80% of the owners of Strategy’s “Stretch” perpetual preferred shares (STRC) are owned by retail, said St

Strategy founder Michael Saylor revealed that approximately 80% of the company's issued perpetual preferred stock STRC is held by retail investors, with an annualized return of about 11.5%. The product aims to serve as a low-volatility income tool, with plans to raise $42 billion. As demand for STRC grows, Strategy's Bitcoin allocation capacity is expected to increase.

GameStop revealed in its fiscal year 2025 annual report that out of the 4,710 bitcoins it holds, 4,709 are pledged to support a covered call strategy aimed at earning option premiums. This strategy changes its accounting classification, treating the bitcoins as accounts receivable rather than direct holdings, increasing liquidity but reducing market control. If the bitcoin price exceeds the strike price, the company must deliver bitcoins, presenting high risk.

Michael Saylor has transformed Strategy into the world's largest corporate Bitcoin holder, owning 762,000 BTC. At the Digital Asset Summit, he introduced the preferred stock product STRC, which offers low volatility and high returns, with an 11.5% yield and approximately 2% volatility. The goal is to attract institutional capital into Bitcoin and address the issue of insufficient allocation to crypto assets.

Michael Saylor introduced the concept of "digital credit" at the New York Digital Asset Summit, emphasizing its importance in the crypto industry. He presented the STRC preferred stock product, with an 11.5% yield and 2% volatility, calling it a highly attractive credit instrument. Meanwhile, institutional funds are flowing into Bitcoin through regulated channels, indicating a rising interest in digital assets.

Cardano shows mixed signals; while institutional interest grows with significant tokenization and clear regulatory recognition, ADA's price remains weak. Yet, early data from the USDCx rollout reveals promising activity, indicating steady growth in liquidity and DeFi engagement, suggesting that fundamental improvements may eventually reflect in the price.

Tokenless projects with genuine products and user bases have garnered over $2.7 billion from top VCs. The market reacts strongly when they issue tokens. Seven notable projects include Polymarket, MegaETH, KAST, Nansen, Chaos Labs, Gensyn, and Agora.

Gate News reports that on March 26, Strategy CEO Phong Le posted on X revealing the company's stock ownership structure. Data shows that approximately 40% of Strategy shares are held by retail investors, with retail ownership of STRC reaching about 80%. Phong Le stated that retail investors tend to prefer low-volatility, high-yield digital credit products, which are highly sought after in the current market environment.