Ethereum Classic Price Analysis – ETC/USD Struggle Continues 234

Key Highlights

  • Ethereum classic price is struggling to gain upside momentum above the $10.80-11.00 levels against the US Dollar.
  • This week’s highlighted major bearish trend line with current resistance at $10.65 is in place on the hourly chart of the ETC/USD pair (Data feed via Kraken).
  • The pair might dip a few points, but likely to find buyers on the downside near $10.00.

Ethereum classic price is consolidating against the US Dollar and Bitcoin. ETC/USD has to stay above the $10.00 support for an upside move in the near term.

Ethereum Classic Price Upside Hurdle

There was a slight upside move in ETC price towards $10.80-11.00 against the US Dollar. However, the upside move was protected by sellers near $10.80. It seems like buyers are struggling to gain traction above the $11.00 handle. Recently, a high was formed at $10.73 from where the price started a correction. It moved down and traded below the 23.6% Fib retracement level of the last wave from the $9.54 low to $10.73 high.

There was even a close below the 100 hourly simple moving average at $10.50. On the upside, this week’s highlighted major bearish trend line with current resistance at $10.65 is active on the hourly chart of the ETC/USD pair. The pair needs to break the trend line resistance and gather pace above $11.00 to move back in the bullish zone. Above $11.00, the price could head towards the next resistance near $12.00.

On the downside, an immediate support is around the 50% Fib retracement level of the last wave from the $9.54 low to $10.73 high at $10.15. Below $10.15, the $10.00 handle would act as a strong support and buy zone in the near term.

Hourly MACD – The MACD is currently moving in the bearish zone.

Hourly RSI – The RSI is below the 50 level and showing heading south.

Major Support Level – $10.00

Major Resistance Level – $10.65

Charts courtesy – Trading View, Kraken

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Zama announces strategic acquisition of KKRT Labs to scale confidentiality on public blockchains 331

Zama, the cryptography company behind the Zama Confidential Blockchain Protocol, today announced that it has acquired KKRT Labs, a pioneering research and development firm focused on scaling blockchains using Zero-Knowledge Proofs. This strategic acquisition strengthens Zama’s technical depth in blockchain scalability and validity (ZK) rollups, while accelerating its ability to deliver high-performance confidentiality to all public blockchains.

Unlocking the next phase of scalable onchain confidentiality

KKRT Labs (also known as “Kakarot”) brings deep expertise in designing high-performance proving architectures and modular rollup systems for Ethereum-equivalent environments. Backed by investors such as Vitalik Buterin, Starkware, Lambda Class, and Stake Capital, Kakarot is recognized as one of the strongest ZK-rollup teams in the ecosystem, aiming at building the most scalable, efficient proving engine for Ethereum-compatible chains.

By joining forces, Zama and KKRT Labs will accelerate scalability efforts across the Zama Protocol, targeting 10,000+ confidential transactions per second on public chains such as Ethereum, Solana, and others. This new scale will open up critical financial applications on-chain, such as confidential stablecoin payments, confidential DeFi, or confidential on-chain asset management.

“KKRT Labs has assembled one of the best ZK-rollup teams in the world,” said Rand Hindi, CEO at Zama. “Together, we will scale faster and reach new levels of performance, bringing the Zama Protocol to tens of thousands of transactions per second.”

Integration, growth, and future roadmap

Beyond technical alignment, Zama and KKRT Labs share a common philosophy: a belief in open-source innovation, confidentiality-first infrastructure, and democratizing access to advanced cryptographic technology. Both teams have been driven by the conviction that scalability and confidentiality are not trade-offs, but complementary building blocks for the next generation of decentralized systems.

Vitalik Buterin, co-founder of Ethereum and KKRT Labs investor, said: “Kakarot has played a significant role in advancing the state of cryptographic technologies in Ethereum, from their early pioneering work on ZK-EVMs to their work on client-side proving for privacy preservation. I look forward to seeing what the team’s talented researchers and developers will do next.”

Zama is committed to ensuring a seamless integration of KKRT Labs:

  • Team retention & leadership: KKRT’s key engineers, operations, and leadership will transition fully into Zama.
  • Roadmap alignment: KKRT’s ongoing initiatives will be integrated into Zama’s broader product and engineering roadmap with minimal disruption.

Eli Ben Sasson, co-founder of ZCash and CEO of StarkWare, said: “I’ve had the privilege of collaborating with the exceptional Kakarot team over the years and witnessing firsthand what they can build. They’ve achieved tremendous success by taking a simple PoC from some of our engineers three years ago and turning it into impressive technology. They have a deep understanding of what it takes to scale blockchains using advanced cryptography, and I’m thrilled to see them dedicating their expertise to scaling and privacy. I’m sure they will provide pivotal support to Zama’s ambitious scaling roadmap.”

“Joining Zama allows us to bring our expertise towards scaling one of the last major challenges in blockchain: confidentiality.” added Clément Walter, co-founder, KKRT Labs. “We’ve always believed scalability and confidentiality are essential to the adoption of blockchains, and by joining forces with Zama we can finally make high-throughput, low latency confidential on-chain finance a reality.”

About Zama

Zama is a cryptography company building state-of-the-art FHE solutions for blockchain. Their flagship protocol, the Zama Protocol, adds a layer of confidentiality to existing chains such as Ethereum and Solana, enabling confidential payment, DeFi and more. Zama was founded by Dr. Pascal Paillier (FHE pioneer) and Dr. Rand Hindi (exited AI founder), has the largest research team in FHE, and raised $150m at a $1.2b valuation from Multicoin, Pantera, Protocol Labs, and others. To learn more about Zama, users can visit https://zama.org/.

About KKRT Labs

KKRT Labs was a zero-knowledge R&D company focused on building modular proving engines for Ethereum-equivalent systems. Founded by experts in cryptography and blockchain architecture, KKRT Labs had an aim to make verifiable computing simple, fast, and accessible.

Cirrus Networks Highlights Growing Adoption of the Gnodi Blockchain 331

Community-run, fast, and practical—people are using Gnodi today for privacy-first services

Cirrus Networks today spotlighted real-world adoption and key features of the Gnodi Blockchain, a community-run Layer-1 decentralized network already powering simple, privacy-respecting services. Across the ecosystem, more people are using Gnodi’s tools, more participants are operating nodes, and organizations are exploring how the network can help them protect data while delivering everyday utility.

Adoption at a Glance

  • People are using products built on Gnodi for communication and secure document storage, without giving up control of their data.
  • New node operators are joining through a guided process, helping run the network and take part in community voting.
  • Developers and partners are building on top of the network’s stable foundation to bring more useful services online.

What Makes Gnodi Stand Out

Gnodi is designed for people first. It’s quick to use, easy to understand, and built so you stay in control. Think of it like a shared utility the community operates together. You can save important documents, verify who you are online, and use apps that let you decide what to share—and what to keep private.

  • Speed you can feel: Actions complete in seconds so you’re not waiting around.
  • Dependable results: Once something is saved, it stays put, no confusing rollbacks.
  • Straightforward participation: Clear steps guide you through running a node or using apps, built for non-technical people.
  • Community voice: Simple, transparent voting lets participants help steer the future.
  • Rewards that recognize contribution: When you help power the network, you can earn digital rewards for your participation.

Real Products People Use

Gnodi already powers products built for everyday life. Meetn helps people connect and communicate while keeping control of their information. SAFE lets you securely store documents in a way that’s portable and private. And with Node Licensing, you can help run the network itself through a guided, step-by-step experience.

Members of the community describe Gnodi as “useful from the start.” Long-time community member Melyn Campbell adds, “From my first experience, Gnodi made it easy to get involved and see real impact. I can use practical tools, keep my data under my control, take part in governance, and earn rewards that recognize real contribution. That combination is why I’m all in.”

ABOUT GNODI BLOCKCHAIN

The Gnodi Blockchain is a decentralized platform that empowers individuals to manage their digital identities and engage within an open ecosystem of applications and services. Built on Proof-of-Stake consensus, with community governance and protocol-driven rewards, Gnodi delivers a secure, scalable, and user-focused network designed for long-term growth. Digital rewards distributed through the network recognize participation and contribution; they are utility-based and not financial investment instruments and may never have any value outside of the ecosystem.

ABOUT CIRRUS NETWORKS, INC.

Cirrus Networks delivers integrated products and services built on the Gnodi blockchain. We provide end-to-end solution design, onboarding, and ongoing support to help customers realize value from privacy-centric applications, seamless data portability, and participation-based rewards—including operating nodes that help power and secure the network.

Tea-Fi Redefines DeFi: One SuperApp. Infinite Yield. Powered by $TEA 287

Tea-Fi, the all-in-one DeFi SuperApp, is setting a new benchmark for the future of DeFi by merging simplicity, scalability, and sustainability into one seamless experience. With over a million connected wallets, $650+ million in transaction volume, and over 20 million on-chain interactions, Tea-Fi is proving that DeFi can be both powerful and accessible.

At the center of this ecosystem is the $TEA token, fueling a self-sustaining network built on real yield, shared value, and true decentralization, and a perpetual reward engine fueled by the TeaPOT.

The Tea-Fi Vision: DeFi that Feels Effortless

DeFi’s biggest challenge has always been complexity: multiple wallets, gas fees, and fragmented liquidity. Tea-Fi solves this with a fully abstracted, multi-chain experience, making it as intuitive as a Web2 app while remaining fully decentralized.

Users can swap, stake, spend, and earn across 40+ blockchains without worrying about bridges or native gas.

Core Innovations Powering the Ecosystem

01. TeaPOT- Rewards Powered by Real Yield

The TeaPOT is Tea-Fi’s protocol-owned liquidity vault, capturing platform fees and partner revenues to channel them back into $TEA buybacks, user rewards, and ecosystem growth.

It is a sustainable yield engine based on real protocol revenue rather than emissions.

02. Yield Engine – Optimized Rewards for All

From staking to synthetic assets, users can earn optimized rewards through Tea-Fi’s on-chain yield programs, all transparently tied to the protocol’s revenue streams.

03. SuperSwap – Cross-Chain Swaps Made Simple

Tea-Fi’s SuperSwap feature lets users swap and bridge across 40+ chains in one click, turning what was once a multi-step process into a single seamless transaction.

04. Easy-Gas – Gasless by Design

Users can pay fees in stablecoins or any of the supported tokens in their wallet, unlocking a truly gasless DeFi experience across over 40 blockchains, removing one of the biggest barriers to entry for everyday users.

05. Self-Custodial Wallets

Tea-Fi’s self-custodial smart wallet ensures users maintain full control over their assets, combining the convenience of web2 with the security of Web3.

06. TeaCard

With TeaCard, users can spend crypto in real life while feeding value back into the Tea-Fi ecosystem, bridging DeFi flexibility with real-world utility.

07. Protocol-Aligned Apps (PAAs)

Third-party dApps such as NOGA, integrate directly into the Tea-Fi ecosystem, contributing to protocol revenue and expanding Tea-Fi’s reach across multiple DeFi verticals. By fueling the TeaPOT, they further strengthen the ecosystem’s self-sustaining economy

The $TEA Token: The Core of a Circular Economy

The $TEA token lies at the heart of Tea-Fi’s flywheel. Every transaction, integration, and user activity flows into the TeaPOT, creating continuous buybacks, compounding rewards, and sustainable value capture.

$TEA serves three primary roles:

  • Utility: Powers all yield, staking, and reward systems.
  • Governance: When locked as vTEA, it grants voting power and boosts APYs.
  • Value Capture: Feeds protocol revenue back into buybacks and incentives.

The result is a deflationary token economy driven by usage, not speculation.

Growth, Partnerships, and Traction

Tea-Fi’s rise has been powered by integrations with Polygon Labs, Katana, and NOGA, enabling frictionless scalability across ecosystems.

The numbers speak for themselves:

  • Over 2 million connected wallets
  • 20+ million transactions
  • $560+ million total volume
  • $5+ million TVL
  • 1+ million global users

The Road Ahead: Activating the $TEA Economy

TGE goes live at 12 PM UTC, 3 November 2025 on Kraken, Kucoin and MEXC unlocking the next phase of Tea-Fi’s mission to empower users through governance, yield participation, and vTEA alignment. Tea-Fi’s goal is clear: make DeFi as easy as traditional finance, owned by the users, powered by real yield, and built to last.

About Tea-Fi

Tea-Fi is a DeFi SuperApp that merges the usability of Web2 with the transparency of Web3. Through innovations like account abstraction, multi-chain compatibility, and its protocol-owned liquidity vault (TeaPOT), Tea-Fi enables users to experience DeFi as it was meant to be: simple, sustainable, and rewarding.

Website: https://tea-fi.com/
Twitter: https://x.com/TeaFi_Official
Discord: https://discord.gg/teafiofficial
Telegram: https://t.me/TeaFi_Offici

Stablecoins New Era Begins: Inside the Next Wave of Institutional Adoption and Infrastructure Competition 311

The stablecoin market is entering a new phase of transformation. In the landmark joint report by Alchemy Pay and Gate Research, “The New Era of Stablecoins: A Comprehensive Study on Compliance, Innovation, and Adoption”, the report dives deep into how stablecoins are reshaping the global financial infrastructure, from its exponential growth and regulatory evolution to the intensifying competition at the infrastructure layer.

Exponential Growth and Institutional Momentum

As of August 2025, the total capitalization of stablecoins has exceeded USD 280 billion, representing more than a 660-fold increase since early 2019. Annual on-chain settlement volumes have surpassed USD 30 trillion, placing stablecoins on par with traditional global payment systems such as SWIFT and Visa in terms of transaction throughput.

This growth reflects both technological maturity and regulatory acceleration. The implementation of key frameworks, such as the GENIUS Act, Stablecoin Ordinance, and MiCA, has initiated what the report identifies as the “Age of Compliance.”

The report also highlights the growing participation of major financial institutions including PayPal, Visa, and Mastercard, each embedding stablecoin functionality into retail, enterprise, and cross-border payment systems. These integrations signal the ongoing convergence between TradFi and DeFi, underscoring the transition of stablecoins from speculative instruments to operational assets within global payment and settlement ecosystems.

Meanwhile, innovation within the stablecoin sector continues to accelerate. While USDT and USDC remain dominant, emerging models such as yield-bearing stablecoins are rapidly gaining market share. The study identifies a structural evolution from single-purpose payment tools to a “Three-in-One Model”—Peg + Yield + Application—that extends stablecoin utility into yield generation, real-world asset integration, and enterprise use cases such as supply chain finance and payroll settlement.

From Tokens to Infrastructure: The New Battlefield

The narrative of competition is shifting. It’s no longer about which stablecoin dominates, it’s about who controls the rails. The report calls this the move from “token competition” to “infrastructure competition.” As stablecoins become integral to the global payments landscape, control over settlement infrastructure has emerged as the next competitive frontier. Leading players like Tether, Circle, Stripe, and Alchemy Pay are developing blockchain architectures to establish themselves as dominant settlement networks.

This strategic evolution reflects a broader recognition: in the future of digital finance, the competitive advantage will lie not merely in token issuance, but in control of the infrastructure that enables liquidity, settlement, and compliance across markets and jurisdictions.

Alchemy Chain: Building the Stablecoin Settlement Hub for Global Fiat

Within this emerging infrastructure race, the report spotlights Alchemy Chain, a Layer 1 blockchain developed by Alchemy Pay. Drawing upon years of operational experience in the fiat-crypto payment sector, Alchemy Chain represents a practice-driven approach to infrastructure design.

The blockchain’s architecture centers on a clear, efficient flow—Fiat A → Stablecoin → Fiat B—positioning stablecoins as instant settlement bridges for global cross-border transactions. Key technical innovations include:

  • FIFO (First-In-First-Out) transaction ordering, ensuring fairness and eliminating “pay-to-prioritize” congestion.
  • On-chain real-time FX rates, with validator nodes directly integrating price feeds at the consensus layer to reduce oracle latency.
  • Block-Wing hybrid storage system, combining on-chain recording of essential transaction data with decentralized off-chain storage for auxiliary files, ensuring scalability and cost efficiency.

Strategically, Alchemy Chain diverges from general-purpose blockchains. Rather than competing with ecosystems like Ethereum, it aims to redefine global settlement infrastructure, leveraging Web3 technology to rebuild payment systems traditionally represented by SWIFT. Backed by Alchemy Pay’s already built network of 3 million users across 173 countries, and supported by connections with Visa, Mastercard, local mobile wallets and global banking rails, Alchemy Chain is positioned to serve as a neutral, compliant settlement layer connecting stablecoins and fiat currencies worldwide.

The Future Trajectory: Compliance, Multipolarity, and Integration

The report concludes that stablecoins are transitioning through three structural shifts:

  • From explosive growth to compliance establishment;
  • From token-centric competition to infrastructure-centric competition;
  • From U.S. dollar dominance to regional multipolarity.

Over the next three to five years, the report predicts that the institutions capable of creating a closed-loop ecosystem, integrating compliance frameworks, proprietary infrastructure, and scalable applications, will define the next generation of the global value network.

Read the Full Report

The “New Era of Stablecoins” report offers a data-driven, forward-looking roadmap for enterprises, regulators, and developers navigating the evolving stablecoin landscape.

Read the full report to explore how compliance, infrastructure, and innovation are converging to reshape the global payments ecosystem.

About Gate Research

Gate Research is a comprehensive blockchain and cryptocurrency research platform that provides deep content for readers, including technical analysis, market insights, industry research, trend forecasting, and macroeconomic policy analysis.

About Alchemy Pay

Founded in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off-Ramp, Web3 Digital Bank, NFT Checkout and its newly launched RWA platform, Alchemy Pay supports fiat payments in 173 countries.

The Ramp is a one-stop solution to buy and sell crypto and fiat, easily integrated by platforms and dApps according to requirements. The RWA platform allows global users to invest in tokenized real-world assets using local fiat currencies, lowering entry barriers and democratizing access to traditional financial instruments. Our Web3 Digital Bank supports Web3 enterprises by providing multi-fiat accounts and instant fiat-crypto conversion capabilities. Additionally, the NFT Checkout enables direct purchases of NFTs using fiat payment methods. ACH is the Alchemy Pay network token on the Ethereum blockchain.

BitRail Expands Its Merchant Network and Payment Options for Branded Stablecoins and Digital Wallets 301

BitRail, a leading stablecoin issuer and digital wallet provider, announced today an expanded merchant network and funding options for its branded digital wallets and merchant stablecoins. Consumers can now fund their wallets using credit cards or ACH, with Buy Now, Pay Later (BNPL) coming soon.

Each merchant on the BitRail platform receives their own branded digital wallet, fully managed by BitRail. These wallets hold both traditional payment methods and the merchant’s own branded stablecoin, providing a seamless, secure, and cost-effective payment experience.

“As the payments landscape evolves, merchants deserve the same power and efficiency that major platforms enjoy,” said Jeff Siegel, CEO of BitRail. “BitRail enables any merchant to launch their own branded wallet and stablecoin – cutting transaction costs by up to 50%, accelerating settlement, and building stronger customer loyalty.”

Empowering Merchants with Branded Payments

BitRail’s white-label platform gives merchants a fully compliant, turnkey alternative to traditional payment rails. Merchants can now:

  • Reduce fees by up to 50% using direct, closed-loop payments.
  • Offer dual pricing (cash vs. credit) instantly.
  • Leverage loyalty, marketing, and analytics tools to boost retention.
  • Access 1.2 million registered users to grow their customer base.
  • Launch with no new licensing requirements: BitRail is licensed to transmit money in all 50 states plus Washington, D.C.

BitRail Offers Users a Simpler, Faster, More Flexible Wallet

  • Fast and easy transactions with extensive safety protocols.
  • Multiple payment options (merchant-branded stablecoin plus credit and ACH).
  • Single sign on any site that works with BitRail.
  • Loyalty and special merchant offers.
  • No hidden fees or subscriptions.

Secure, Compliant, and Ready to Scale

BitRail’s wallets and branded stablecoins are pegged 1:1 to the U.S. dollar and operate within a closed-loop, regulated environment.

“Merchants shouldn’t be forced to rely solely on expensive, outdated payment rails,” Siegel added. “We provide the infrastructure and compliance so merchants can focus on growth, customer engagement, and profitability.”

About BitRail

BitRail is a fintech infrastructure company enabling merchants and marketplaces to launch their own branded digital wallets and stablecoins. The platform includes full licensing, compliance, and technology, giving merchants a fast, safe, and regulated way to control their payments and reduce costs.

BitRail by the Numbers:

  • 1.2 million registered users
  • Licensed to transact in all 50 states + D.C.
  • Up to 50% lower processing fees
  • Integrated access to nearly 4 million merchants

For more information, visit www.bitrail.io

Perle Launches Public Beta of Contributor Platform 272

Perle Labs, an AI training data platform powered by Web3 that brings human wisdom to AI models, today announced the public beta launch of its contributor platform built on Solana. The platform enables early participants to start completing real annotation tasks and earn rewards by enhancing the data pipelines behind next-generation AI systems. In this public beta, contributors complete short, structured tasks tied to real-world use cases, like classifying sounds, labeling retail images, identifying roadside objects, and analyzing basic medical imagery.

Ahmed Rashad, Perle AI Founder and CEO, commented on the news: “The launch of Perle’s Web3 platform is a turning point for how we think about AI participation for human data validation. By bringing AI annotation on-chain with Solana, Perle is creating a decentralized infrastructure where intelligence can be collectively built, verified, and rewarded. This isn’t just about decentralizing technology; it’s about realigning incentives so that the future of AI is open, transparent, and economically fair to everyone involved.”

Early Access, Real Rewards

During this public beta, participants can:

  • Earn points and badges by completing hands-on annotation tasks.
  • Climb the leaderboard with consistent performance.
  • Build a reputation to access higher-value opportunities in future releases.

Each task rewards precision, judgment, and consistency with points that will later convert to tokens. Over time, contributors can progress from simple tagging to more specialized domains, building their onchain reputations based on measurable accuracy and verified results.

Building Reputation

Every validated task contributes to a reputation score. Educational modules and accuracy challenges help contributors improve over time, unlocking higher-value tasks and greater rewards potential. Maintaining high accuracy boosts reputation and allows users to accelerate through contributor tiers.

Badges mark key achievements like consistency streaks and domain credentials. Contributors with steady daily check-ins, accurate work, and high-quality referrals will rank highest over time.

Structured Annotations

The Perle Labs beta is launching with rotating annotation programs designed to showcase its multi-modal capabilities over the coming weeks.

Each program offers contributors a fresh start and a fair playing field, keeping participation exciting and competitive while giving everyone the opportunity to advance. This ensures that the experience is fair and exciting, bringing new challenges, renewed energy, and a sense of shared momentum.

Tasks span a range of real-world applications, from classifying sounds and labeling retail images to annotating roadside objects and analyzing visual health data.

Each task is tied to a real-world project, enabling the contributor network to deliver utility and impact to AI teams even at this early stage.

About Perle Labs

Perle Labs, built on Solana, transforms how AI teams access and use training data by combining human expertise with adaptive workflows. Specializing in data acquisition, expert annotation, and model evaluation, Perle delivers faster, more reliable results tailored for generative AI, LLMs, and RLHF. Our approach ensures data quality and context where it matters most-helping teams build smarter, more trustworthy AI.

Users can learn more at Perle.xyz.