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<p>The cryptocurrency market has witnessed a flurry of activity over the last 12 hours, with several notable developments across various projects. From token mergers and staking updates to new releases and rebranding efforts, here are the key events shared by <a href="https://twitter.com/layerggofficial/status/1780407045449191450" target="_blank" rel="noopener noreferrer nofollow">Layergg</a>.</p>
<h2 class="wp-block-heading" id="ethena-s-reserve-fund-stability">Ethena’s Reserve Fund Stability</h2>
<p>According to @ki_young_ju, Ethena’s reserve fund is well-equipped to handle prolonged negative funding rates, similar to those experienced during the FTX/LUNA scenario in 2022. The fund’s stability is assured as long as Ethena’s market cap remains below $3 billion, which currently stands at $2.4 billion.</p>
<h2 class="wp-block-heading" id="artificial-superintelligence-alliance-token-merger">Artificial Superintelligence Alliance Token Merger</h2>
<p>The Artificial Superintelligence Alliance has confirmed the merger of $FET, $OCEAN, and $AGIX tokens into the $ASI token. The $ASI token is expected to launch on May 24, marking a significant milestone for the alliance.</p>
<h2 class="wp-block-heading" id="jupiter-announces-jupsol">Jupiter Announces JupSOL</h2>
<p>Jupiter has announced the launch of JupSOL, Solana’s yield Liquid Staking Token (LST). JupSOL will feature trustless delegation to Jupiter’s Validator with 0% fees and 100% MEV (Miner Extractable Value) kickback, offering an attractive opportunity for Solana investors.</p>
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   Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
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    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>NuggetRush</strong></a> today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
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<h2 class="wp-block-heading" id="gnosis-invests-in-hopr-for-gnosisvpn-development">Gnosis Invests in HOPR for GnosisVPN Development</h2>
<p>The governance of Gnosis has launched the GIP-98 proposal, recommending an investment in HOPR to develop the GnosisVPN. This collaboration aims to enhance privacy and security within the Gnosis ecosystem.</p>
<h2 class="wp-block-heading" id="origin-defi-dao-approves-ogv-and-ogn-token-merger">Origin DeFi DAO Approves OGV and OGN Token Merger</h2>
<p>The Origin DeFi DAO has accepted the proposal to merge the OGV and OGN tokens. The OGV migration is set to go live in mid-May, streamlining the project’s token economy.</p>
<h2 class="wp-block-heading" id="qredo-rebrands-to-open-custody-protocol">Qredo Rebrands to Open Custody Protocol</h2>
<p>Qredo, a decentralized custody solution, has been rebranded to the Open Custody Protocol ($OPEN). This rebranding reflects the project’s commitment to providing an open and accessible custody solution for the crypto community.</p>
<h2 class="wp-block-heading" id="radiant-capital-proposes-50-increase-in-rdnt-supply">Radiant Capital Proposes 50% Increase in RDNT Supply</h2>
<p>Radiant Capital’s RFP-33 Governance proposal seeks a 50% increase in RDNT’s total supply to support new chain expansions and the launch of Radiant V3. The vote is currently around 50% in favor, with voting set to end in two days.</p>
<h2 class="wp-block-heading" id="portal-announces-astra-nova-launch">Portal Announces Astra Nova Launch</h2>
<p>Portal has announced the upcoming launch of @Astra__Nova, a new addition to its ecosystem. Details about the project are expected to be revealed soon.</p>
<h2 class="wp-block-heading" id="tia-staking-surge-suggests-imminent-airdrop">Tia Staking Surge Suggests Imminent Airdrop</h2>
<p>According to @JoshuaDeuk, an additional 130 million $TIA tokens were staked between April 8 and 9. This surge in staking activity may suggest that a staking-related airdrop is on the horizon for Tia holders.</p>
<h2 class="wp-block-heading" id="victoria-vr-unveils-early-access-to-asugea-metaverse">Victoria VR Unveils Early Access to Asugea Metaverse</h2>
<p>Victoria VR has announced that it will launch Early Access to its VR metaverse, Asugea, on May 14. This release will allow users to explore and experience the virtual world firsthand.</p>
<h2 class="wp-block-heading" id="xai-staking-pool-goes-live">XAI Staking Pool Goes Live</h2>
<p>XAI has announced that its staking pool is now live, providing XAI token holders with an opportunity to earn rewards by staking their tokens.</p>
<p>The last 12 hours have seen a diverse array of developments in the cryptocurrency market, from token mergers and staking updates to new releases and rebranding efforts.&nbsp;</p>
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<p>The post <a href="https://captainaltcoin.com/key-crypto-events-including-jupiter-portal-announcements-staking-updates-and-others/" rel="noopener noreferrer nofollow">Key Crypto Events Including Jupiter, Portal Announcements, Staking Updates And Others</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Key Crypto Events Including Jupiter, Portal Announcements, Staking Updates And Others

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