Connect with us

Crypto

Cardalonia Aiming To Become The Biggest Metaverse Project On Cardano

Published

on

As Cardano readies for a mainnet network upgrade after the successful Vasil testnet which will bring about further utilities like sidechains to Cardano, a metaverse project Cardalonia is poised to become the sandbox of the Cardano network owing to it’s tremendous growth prospects

Cardalonia metaverse project just announced it’s $LONIA token presale, that started 5th July to end mid august 2022.

This token pre-sale will allow Cardano enthusiasts and early adopters looking to acquire $LONIA tokens before getting listed on exchanges.

Interested users can join the $LONIA token pre-sale here https://www.cardalonia.io/buy

The pre-sale has been proceeding graciously as over 10% of the pre-sale allocation has been filled less that 24 hours after the team announced the start of the pre-sale round via their discord channel.

How To Buy $LONIA Token?

Many Metaverse enthusiasts and experts are equally as excited about this new Cardano project because of its innovative features and broad utility of the $LONIA token which by the virtue of being a holder, grants you multiple utilities like Governance, Staking rewards and automatic whitlelist for the upcoming Terrania land sale (Terrania is the Cardalonia Metaverse land where users can build their custom experiences).

You can only buy $LONIA, the utility token of Cardalonia by joining the pre-sale which will end after 45 days or till the hard cap is reached.

Investors can purchase $LONIA token at the fixed price of 1 ADA = 12 $LONIA.

Join The Cardalonia Token Presale here: https://cardalonia.io/buy/

Cardalonia LAND NFT

 Cardalonia Land NFT plots are called Terrania, each of which is minted as a unique Cardano NFT with co-ordinates that can be located and customized on the Cardalonia Map.

$LONIA Token Utility

$LONIA Token holders will be able to vote on governance proposals that will affect the Cardalonia ecosystem, be eligible to become an ambassador once you stake key is shown on the staking leaderboard.

Eventually $LONIA token holders and land owners will be able to deploy Custom Avatars and games to their metaverse lands.

Cardalonia Metaverse ecosystem is the first Cardano metaverse project to have a non-custodial staking platform.

Cardalonia staking vault has almost 4 Million $LONIA tokens and 175 active wallets staking.

Cardalonia is one of the most interesting projects on Cardano as the project has enjoyed media coverage from Coinmarketcap, Entrepreneur, Investing & Yahoo Finance.

To further add credibility to the project, the official twitter account has been given a verified badge on twitter.

More information about Cardalonia can be found by visiting the website https://cardalonia.io or join the Telegram Group & Discord Server.

Continue Reading

Crypto

Vitalik Buterin Offloads STRAYDOG as Team Initiates Buybacks and Strategic Token Burn Plan

Published

on

Ethereum founder Vitalik Buterin sold STRAYDOG tokens over the past twenty four hours according to on chain data. The tokens were originally received via airdrop from community and team nearly four months ago.

The sale occurred near recent price lows during a broader period of market weakness. Similar sales by Buterin in past cycles have often coincided with shifts in market attention rather than extended downside.

Following the transaction STRAYDOG team began purchasing tokens on the open market. The team confirmed that purchased tokens will be allocated toward a future burn.

According to the team two hundred thousand dollars worth of bought STRAYDOG tokens will be burned once the token reaches a ten million dollar market capitalization reducing circulating supply.

Market participants are now watching on chain activity as the project approaches the announced milestone.

The project maintains a fat treasury valued at hundreds of thousand of dollars, enabling the development team to continue conducting ongoing buybacks rather than a one time purchase. The team also stated that it plans to burn $200,000 worth of bought STRAYDOG tokens at every additional $10 million increase in market capitalization, further reducing circulating supply over time.

X – x.com/straydogcoin

Telegram – t.me/StrayDogETH

Website –www.straydogcoin.com

Book on amazon –https://a.co/d/3nzCtUp

Continue Reading

Crypto

Marshall Islands Turn to Digital Assets to Expand Financial Access

Published

on

The Republic of the Marshall Islands is taking a major step toward digital transformation, piloting a blockchain-based system to distribute universal basic income (UBI). The initiative aims to reduce the nation’s dependence on physical cash and address long-standing financial access issues across its remote island communities.

A move from paper checks to digital wallets
During the latest payout cycle, Marshallese citizens received their UBI in two different ways. Some continued using traditional paper checks issued through the Economic and Natural Resources Authority. Others, however, received funds digitally through Lomalo, a citizen wallet built on the Stellar blockchain.

The digital payments were delivered in USDM1, a government-designed token intended to act as a sovereign financial instrument rather than a typical stablecoin. Unlike most stablecoins—where yield flows to the issuer—USDM1 functions similarly to a government-backed money market asset, generating returns directly for the holder.

This structure is meant to stabilize the token’s value and distance it from the volatility seen in assets such as Bitcoin, while still enabling everyday payments.

A wallet built for mass adoption
Despite improvements in internet connectivity through satellite providers such as Starlink, daily commerce in the Marshall Islands still depends heavily on physical cash. Cash shipments arrive by boat, and delays can lead to temporary shortages, limiting residents’ ability to transact or access money.

Digital delivery through Lomalo is designed to change that. Payments can be sent instantly across the islands without relying on cash deliveries or a fragile physical banking network. The wallet also strips away the typical technical complexity associated with crypto applications. Crypto infrastructure firm Crossmint manages the onboarding process, enabling citizens to use digital funds without understanding private keys or blockchain mechanics.

The broader push toward digital assets also reflects the country’s challenging financial reality. In the years following the 2008 global financial crisis, many foreign banks exited the region over compliance and risk concerns. That exodus left the Marshall Islands with just one correspondent banking partner—creating a vulnerability for everything from international transfers to local business operations.

USDM1 offers an alternative pathway by reducing reliance on traditional bank channels and giving residents an additional method to store and access funds.

Part of a wider global strategy
The Marshall Islands pilot is one component of a larger effort led by the Stellar Development Fund to expand financial access in underserved regions. The organization has allocated several million dollars to support the USDM1 initiative.

The approach builds on previous projects that facilitated humanitarian payments, including salary distributions for healthcare workers in conflict zones and cash-assistance programs run with NGOs. Lessons learned from partnerships with the Ukrainian government and international aid groups helped refine the system now being tested in the Marshall Islands.

Across all these programs, the core goal remains the same: ensuring individuals—not intermediaries—have direct control over their digital assets, while improving access to reliable financial infrastructure.

Continue Reading

Crypto

Why Is Midnight (NIGHT) Price Pumping Hard?

Published

on

The Midnight (NIGHT) price has surged to the top of the market leaderboard, jumping roughly 30% in a single session and trading around $0.0866 at the time of writing. The rally isn’t happening in isolation. Trading volume has spiked nearly 70%, signaling genuine market participation rather than a temporary liquidity anomaly. As a result, the NIGHT token has become one of the day’s strongest performers, attracting attention both inside and beyond Cardano’s ecosystem.

A mix of partnership speculation, regulatory narratives, and a clean technical breakout is driving the current Midnight price momentum and helping push the asset into a new phase of price discovery.

A key catalyst behind the Midnight price pump is rising speculation about a potential stablecoin partnership. Midnight Foundation President Fahmi Syed confirmed that the team has received a legal contract from a prospective partner—an indication that talks have moved past preliminary stages. For traders, this was enough to begin pricing in the possibility of compliant stablecoin infrastructure built directly on Midnight’s privacy-focused network.

Given how central stablecoins are to liquidity, payments, and on-chain activity, the idea of a regulated privacy chain supporting compliant stablecoin integrations has fueled bullish sentiment around the NIGHT token.

Regulatory dynamics in the EU are adding further weight to the rally. New proposals targeting anonymous transactions and digital identity verification have renewed interest in privacy solutions built for regulated environments. Midnight’s selective disclosure model—which enables verification without exposing full personal data—positions it as a potential middle ground between transparent blockchains and traditional privacy coins.

While regulatory frameworks remain in flux, the environment favors projects that can offer compliance-ready privacy. For now, the Midnight crypto narrative fits that trend.

The surge in NIGHT trading activity shows the rally is not merely social-media driven. At one point, Midnight ranked among the top five assets globally by trading volume, a signal that demand is broad instead of concentrated in a single community. Sustaining high volume will be essential if the recent price move is to evolve into a longer-term trend. Sharp increases without follow-through often lead to quick reversals or sideways consolidation.

On the technical front, the Midnight price has delivered a clean breakout. On the 1-hour chart, NIGHT pushed above its long-standing consolidation band between $0.060 and $0.065, a range that repeatedly capped upside attempts. The breakout happened on rising volume—a strong confirmation signal—and the chart has since produced a series of higher highs and higher lows.

Analytics platform TapTools described the current phase as “entering price discovery,” reflecting the lack of historical resistance overhead. With no clear prior supply zones, movement is now primarily driven by momentum, trader positioning, and incoming news flows.

From a structural perspective, the key support level to watch is the former breakout zone around $0.070. As long as the Midnight price stays above that threshold, short-term momentum remains strongly bullish. Losing that level could open the door to consolidation or a retest of lower support, especially if trading volume begins to fade.

In the short term, upside continuation for the NIGHT token depends heavily on whether volume remains elevated and whether the rumored partnership developments gain clarity. If the Midnight Foundation confirms progress on compliant stablecoin integrations—or offers new ecosystem updates—traders may continue to position aggressively around the narrative.

For now, the Midnight (NIGHT) price pump reflects a convergence of strong catalysts: a promising potential partnership, favorable regulatory positioning for privacy technologies, and a decisive technical breakout. Together, these forces explain why Midnight is suddenly capturing market attention and why many traders are watching closely to see whether this surge marks the beginning of a larger trend.

Continue Reading

Trending