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After Amazon, WEF wants to partner with Shiba Inu – Will it drive SHIB price to $2?

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  • The World Economic Forum is reportedly keen to work with Shiba Inu on the global Metaverse policy.
  • Shiba Inu will also be present at this year’s Immerse Global Summit 2022 along with other industry giants like Microsoft and Meta Inc.

The latest development in the town is that World Economic Forum (WEF) is looking to work with memecoin ecosystem Shiba Inu on a global policy. Shytoshi Kusama, the developer and volunteer project lead at Shiba Inu made the announcement.

In a tweet on Tuesday, November 22, Kusama said that they have been invited by the WEF to collaborate on “MV global policy”. The Shiba Inu developer is likely talking about the Metaverse policy here. Reaching out to the community, Kusama has launched a Twitter poll asking:

ShibaArmy I need a quick vote: We have been kindly invited to work with the WORLD ECONOMIC FORUM as it pertains to their MV global policy. Would love to know what you all think because it’s not our decision, but yours.

Digital assets and blockchain technology have been a subject of discussion at several WEF events recently. However, it would be the first time that the global organization has been partnering with a popular meme token.

Adding further, Kusama noted:

Yes I am serious. We would be at the table with policy makers and would help shape global policy for the MV alongside other giants like FB (bye Zuck), Sand, Decentraland etc.

As of press time, 18,678 have voted for the poll with 62.8 percent saying it would be great to work with WEF on MV. Nearly 27.1 percent of respondents have said not to work with the WEF. While it doesn’t matter to the rest of the 10 percent of respondents.

SHIB up 8.35% amid other developments

The latest development comes as reports circulate that Shiba Inu (SHIB) is entering into a partnership with retail giant Amazon. As of press time, Shiba Inu (SHIB) is trading at 8.35 percent up at a price of $0.000008996. However, amid the broader market correction, the SHIB price has corrected more than 80 percent over the last year.

During the crypto bull run of 2021, Shiba Inu (SHIB) was one of the most traded altcoins in the market. In another major development, lead Shiba Inu Metaverse advisor Marcie Jastrow will be representing the memecoin ecosystem at the Immerse Global Summit 2022.

Jastrow will be speaking at the summit scheduled to begin on December 5th and end on December 7th, 2022, at Fontainebleau Hotel Miami, Florida. This development will certainly bring wider recognition to Shiba Inu on a global front.

At the event, Jastrow will share light on the development of the entire Shiba Inu ecosystem. She will be sharing the stage along with speakers from big companies such as Meta Platforms, Inc. (Meta), Microsoft (MSFT), web3equity, and TerraZero. The Immerse Global Summit 2022 will have over 1000 attendees, including 300+ company representatives, 200+ speakers, and 20+ industry verticals.

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Sky is a seasoned cryptocurrency expert with a passion for blockchain technology and digital finance. With years of experience in the crypto industry, he has authored insightful articles on market trends, emerging technologies, and investment strategies. His work has been featured in leading crypto publications, helping both beginners and seasoned investors navigate the complex world of digital assets. Sky is dedicated to providing readers with accurate, up-to-date information to make informed decisions in the rapidly evolving crypto space.

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zkPass (ZKP) Adoption Accelerates After Upbit Listing as Global Exchange Support Grows

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zkPass (ZKP) is drawing increased attention across the crypto market following its recent listing on Upbit, one of Asia’s largest and most influential cryptocurrency exchanges. The move has significantly expanded global access to ZKP while bringing greater visibility to zero-knowledge proof technology, a fast-growing area within Web3 infrastructure.

Rather than triggering short-term speculation alone, the Upbit listing has shifted the conversation toward adoption, accessibility, and the broader role of privacy-preserving technologies in digital identity and data verification.

Upbit Listing Expands Reach for zkPass

Upbit plays a central role in the South Korean crypto market, which is known for high retail participation, deep liquidity, and rapid engagement with emerging technologies. By securing a listing on the exchange, zkPass gains exposure to a large and active user base, alongside stronger fiat on-ramps and improved market depth.

For ZKP, the listing represents more than just another trading venue. It places the token within a regulated, high-visibility environment that often serves as an early indicator of broader market acceptance. Historically, assets listed on major regional exchanges like Upbit benefit from increased discoverability, especially among users who may not actively seek out smaller or niche projects.

The listing also comes alongside expanding exchange integrations elsewhere, suggesting a broader trend of growing platform support rather than a single isolated event.

Why Zero-Knowledge Proofs Are Gaining Attention

The renewed interest in zkPass reflects a wider shift toward privacy-preserving infrastructure. Zero-knowledge proofs allow users to verify information—such as identity credentials or eligibility—without revealing the underlying data. This approach addresses a critical challenge in Web3: balancing privacy with compliance.

As digital identity becomes more central to financial services, gaming, governance, and cross-platform access, tools that enable selective disclosure are increasingly viewed as essential. zkPass operates within this intersection, offering solutions that support user-controlled identity while remaining compatible with regulatory requirements.

Governments, enterprises, and developers are actively exploring frameworks that reduce data exposure while still meeting verification standards. In this environment, zero-knowledge systems are moving from experimental concepts to practical infrastructure, helping explain why projects like zkPass are gaining traction.

What Exchange Support Signals for Privacy-Focused Crypto

Major exchange listings often function as a form of market validation. While they do not guarantee price performance, they typically indicate that a project has met certain technical, legal, and operational criteria. For privacy-focused tokens, this is particularly meaningful, as such projects have historically faced scrutiny or limited access on centralized platforms.

Upbit’s support underscores growing acceptance of privacy-enhancing technologies that are designed to work alongside compliance frameworks, rather than against them. This aligns with a broader industry shift toward “regulatory-compatible privacy,” where users maintain control over their data without removing accountability.

As more exchanges add ZKP, liquidity improves and participation broadens, allowing the ecosystem to grow beyond early adopters and specialized users.

Why Investors Are Watching zkPass More Closely

Market observers are increasingly focused on zkPass not because of short-term price action, but due to its positioning within long-term Web3 narratives. Exchange listings tend to increase visibility, but sustained attention often depends on whether a project aligns with structural trends.

Privacy and identity remain among the most active areas of development in Web3. Zero-knowledge proofs are now considered a core building block for decentralized applications, particularly those involving credentials, access control, and data sharing.

For many investors, ZKP’s expanding exchange presence signals that privacy infrastructure tokens are moving closer to mainstream relevance. The focus has shifted from novelty to real-world use cases, adoption momentum, and integration into broader digital ecosystems.

As exchange support continues to expand and demand for secure data verification tools grows, zkPass is increasingly viewed as part of a larger movement toward privacy-first Web3 infrastructure rather than a standalone speculative asset.

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Solana DEX Volume Surges to $1.7 Trillion, Overtakes Bybit in Spot Trading

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Solana’s decentralized finance ecosystem has reached a major milestone, with decentralized exchange (DEX) spot trading volume surpassing $1.7 trillion year-to-date, according to data compiled by Artemis. The figure places Solana ahead of centralized exchange Bybit and positions it as the second-largest venue for spot trading globally, trailing only Binance.

The development highlights a notable shift in trader behavior, as activity continues to migrate from centralized platforms toward on-chain markets built on high-performance blockchains.

Solana’s DEX Growth Signals Structural Change
The surge in Solana DEX volume reflects more than short-term speculation. Throughout the year, decentralized platforms on the network have consistently captured market share, driven by improvements in infrastructure, liquidity depth, and user experience.

Solana’s technical design remains a key factor. High transaction throughput and low fees allow traders to execute strategies that would be cost-prohibitive on slower or more expensive networks. As a result, frequent traders, arbitrageurs, and market makers increasingly view Solana DEXs as viable alternatives to centralized exchanges.

The network’s recovery from earlier reliability concerns has also played a role. After periods of congestion and outages in previous years, Solana has delivered more stable performance, helping rebuild confidence among both users and developers.

Protocols Driving the Volume
Several native Solana protocols have contributed meaningfully to the rise in trading activity. Aggregators and automated market makers such as Jupiter, Orca, and Raydium have matured into core liquidity hubs, offering competitive pricing and deep order execution.

These platforms benefit from composability within Solana’s ecosystem, allowing traders to route orders efficiently across multiple liquidity pools. Over time, this has reduced slippage and improved execution quality, narrowing the gap between decentralized and centralized trading experiences.

In addition, growing participation from professional traders has increased overall volume durability. Rather than isolated retail spikes, Solana’s DEX flows increasingly resemble sustained institutional-style activity.

Solana vs. Centralized Exchanges
By surpassing Bybit in spot trading volume, Solana demonstrates that decentralized exchanges can compete directly with centralized platforms at scale. While Binance remains the largest global venue, the gap between centralized and decentralized trading is narrowing.

This trend reflects broader changes in market preferences. Traders are increasingly sensitive to counterparty risk, custody concerns, and regulatory uncertainty surrounding centralized exchanges. Decentralized platforms, which allow users to retain control of their assets, offer an alternative that aligns with these concerns.

At the same time, improved tooling and user interfaces have lowered the barrier to entry for on-chain trading, making decentralized platforms more accessible to non-technical users.

What This Means for Solana’s Future
The $1.7 trillion milestone reinforces Solana’s position as one of the most active DeFi ecosystems in the market. High DEX volume often correlates with stronger network effects, attracting additional developers, liquidity providers, and infrastructure projects.

If current trends persist, Solana’s decentralized exchanges could continue to capture a larger share of global trading activity, particularly during periods of market volatility when traders seek speed and cost efficiency.

More broadly, the data suggests that decentralized finance is no longer a niche alternative. On networks like Solana, it is becoming a central pillar of crypto market structure, capable of rivaling traditional centralized exchanges in both scale and relevance.

As DeFi adoption expands, Solana’s ability to support high-volume, low-cost trading positions it as a key player in the next phase of crypto market evolution.

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PressX Positions Itself as a Decentralized Media Layer for Web3 Communication

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PressX is emerging as a decentralized media and communications protocol designed to address one of Web3’s persistent challenges: how projects distribute verified information without relying on centralized platforms. Built around the PRESSX token, the protocol aims to create an on-chain alternative to traditional press distribution, influencer marketing, and paid media exposure.

As blockchain projects continue to scale globally, demand for transparent, censorship-resistant communication tools has increased. PressX is positioning itself at the intersection of crypto media, decentralized publishing, and token-based incentives.

What Is PressX and What Problem Does It Solve?

PressX is designed as a Web3-native press and content distribution ecosystem. Instead of relying on centralized news outlets or social media platforms, projects can publish announcements, updates, and campaigns directly through the PressX network.

Content distribution on PressX is structured to be verifiable and immutable, reducing the risk of misinformation, paid manipulation, or off-chain content removal. For readers and participants, the system offers clearer visibility into sponsored content versus organic announcements.

This model aims to benefit both early-stage projects seeking exposure and audiences looking for transparent crypto news signals.

How the PRESSX Token Fits Into the Ecosystem

The PRESSX token plays a central role in the platform’s incentive structure. It is used for content promotion, visibility boosting, and access to publishing tools within the ecosystem. Projects may stake or spend PRESSX to distribute announcements, while contributors and validators can be rewarded for engagement, verification, or moderation activities.

By using a tokenized model, PressX attempts to align incentives between publishers, readers, and platform operators. Rather than relying on opaque advertising models, value flows directly through on-chain interactions.

This structure also allows market dynamics to determine which announcements receive attention, rather than centralized editorial decisions.

Decentralized Media as a Growing Web3 Narrative

PressX enters the market at a time when decentralized alternatives to Web2 infrastructure are gaining traction. As social platforms increase moderation, algorithmic filtering, and monetization pressure, many crypto-native projects are exploring permissionless communication layers.

Decentralized finance, NFTs, and DAO governance all depend heavily on timely, trusted information. PressX positions itself as a supporting layer for these sectors by offering a neutral publishing and discovery mechanism.

The protocol’s focus on transparency may appeal to users who want clearer distinctions between marketing, announcements, and independent commentary.

Market Context and Early Positioning

PRESSX remains an early-stage asset, and like many Web3 infrastructure tokens, its adoption will depend on real usage rather than speculation alone. Key factors to watch include onboarding of crypto projects, publisher participation, and sustained on-chain activity.

If PressX succeeds in attracting consistent press flows and community engagement, it could carve out a niche as a decentralized alternative to traditional crypto media distribution.

At the same time, competition in Web3 infrastructure is intense, and long-term relevance will depend on execution, governance design, and ecosystem growth.

Looking Ahead

PressX reflects a broader shift toward decentralizing not just finance, but information itself. As crypto markets mature, demand for transparent communication tools is likely to grow alongside regulation and institutional participation.

Whether PressX becomes a core media layer for Web3 or remains a specialized tool will depend on adoption and trust. For now, it represents an experiment in how crypto projects communicate in an increasingly on-chain world.

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