February Update on Ripple's Ledger: Implications for XRP Investors and Market Values
Ripple's XRP, a leading cryptocurrency globally, recently had a significant shift thanks to a February update from Ripple Labs, introducing the concept of "Institutional DeFi on XRPL." This update, aimed at institutional-grade investors and developers, enhanced the XRP Ledger's suitability for large-scale financial firms. Key improvements include fungible Multi-Purpose Tokens (MPTs), Permissioned Domains, a Lending Protocol, Confidential Transfers, and support for foreign exchange markets. These changes are designed to meet the needs of businesses in major financial hubs like New York City and London. Despite the positive market response to these developments, with XRP's price outperforming other top cryptocurrencies, experts suggest the update is unlikely to cause significant price changes in the short term.
🚀 Vanar Chain: AI-Powered Next-Gen Blockchain
Vanar Chain is a high-performance Layer-1 blockchain designed to support smart contracts, decentralized applications, gaming, and AI-driven solutions. Unlike traditional blockchains, Vanar integrates artificial intelligence directly into its protocol, enabling smart contracts and dApps to analyze data, make decisions, and execute logic autonomously on-chain.
A standout feature is Neutron, Vanar’s AI-powered on-chain data storage system. Neutron compresses large digital files up to 500:1 and stores them as “Neutron Seeds,” eliminating the need for external storage while ensuring permanence and verifiability.
Vanar also uses a hybrid consensus model, combining Delegated Proof of Stake, Proof of Authority, and Proof of Reputation. This ensures fast transactions, validator accountability, and network security. Its native token, VANRY, powers transactions, rewards validators, and supports ecosystem growth.
With Ethereum Virtual Machine (EVM) compatibility, low fees, and AI integration, Vanar Chain is ideal for gaming, DeFi, PayFi, and tokenizing real-world assets. Its eco-friendly approach and developer-focused tools make it a promising platform for the next wave of Web3 innovation.
@Vanar #vanar $VANRY
1000CHEEMS Token Drops 10% Amid Perpetual Contract Delisting and Surging Memecoin Trading Volume
1000CHEEMSUSDT experienced a notable 10.02% price decrease in the last 24 hours, likely influenced by recent announcements regarding the upcoming delisting and settlement of perpetual contracts across several platforms, which may have caused heightened volatility and trader repositioning. Despite a brief surge earlier in the week attributed to renewed memecoin interest and technical discussions on Binance Square and TradingView, market sentiment shifted amid the contract updates and broader cautious outlook on high-risk assets. The token is currently priced at $0.000503 on Binance, with a 24-hour trading volume of 1.84 million USDT and a circulating supply of approximately 187.5 billion tokens. Market capitalization is estimated near $100.85 million, and the asset continues to show price fluctuations across exchanges as traders respond to shifting developments and news.