Ink launches INK token airdrop for early liquidity protocol users; Namada mainnet nears, NAM trading starts this week. BTC dips to 104,747 USDT, ETH consolidates, altcoins mixed. EIGEN, GPS, IO shine; Ondo forms Global Markets Alliance for RWA standardization. Join Gate Launchpool for Namada, stake GT or USDT to claim 150,000 NAM rewards!

• Market Commentary: The crypto market is cautious due to Middle East tensions and weak economic data. BTC fell to 104,747 USDT, likely to stay in a broad consolidation range; monitor key support/resistance levels. Yesterday’s spot ETF net inflow was $216 million. ETH rose slightly to 2,578 USDT, maintaining consolidation, with ETH/BTC at 0.024 and market share at 9.22%; spot ETFs had a net inflow of 11.09M USD. Altcoins showed mixed performance, with the Fear and Greed Index at 48, signaling neutral to bearish sentiment. U.S. stocks declined, with healthcare leading losses and energy rising. Short-term volatility is high; investors should track fund flows and technical levels closely.
• Trending Tokens: EIGEN (+1.82%, 1.968B market cap) leverages Ethereum’s restaking to boost efficiency; testnet redistribution is live, with mainnet expected by late June, but watch resistance for breakout. GPS (+12.24%, 247M market cap), a Web3 security layer, announced a 90-day buyback plan, boosting confidence; its stepwise price rise reflects long-term value recognition. IO (+6.86%, 568M market cap), a decentralized AI computing platform, aggregates GPU resources to cut costs; recent gains are technical, with 0.64 as a key support level to monitor for trend direction. Trending tokens show divergence; investors should assess volume and technical signals cautiously.
• Alpha Insights :Ink launches INK token (1B cap) with an airdrop for early liquidity protocol users, focusing on DeFi incentives within the Optimism Superchain, attracting developers and capital. Ondo Finance’s Global Markets Alliance, with Solana, Jupiter, and others, promotes RWA tokenization (e.g., U.S. stocks), setting standards to simplify access and drive mainstream adoption. Namada’s mainnet, offering “privacy as a service” with cross-chain privacy transactions, nears launch; NAM trading starts this week, likely boosting liquidity and attention. These projects highlight DeFi and privacy potential; investors should track ecosystem progress and market performance.
• Gate Launchpool : Gate Launchpool introduces Namada staking, offering 150,000 NAM tokens starting June 19, 2025, at 9 PM (UTC+8); stake GT or USDT to participate. Namada, a Cosmos-based Layer-1 blockchain, focuses on privacy, supporting cross-chain transactions and asset protection. Built in Rust with CometBFT consensus and IBC protocol, it leverages zk-SNARKs for multi-chain interoperability, ideal for dApps, tokens, and NFTs. Its low-entry, high-reward staking attracts early investors. Monitor NAM’s liquidity and market performance post-mainnet; strategic staking can maximize rewards.

Explore Today’s Highlights → Ink Announces INK Token Airdrop | Namada Mainnet Launch and NAM Trading to Begin

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Gate Team
Jun 18th, 2025

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