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Cardano Foundation outlines ADA plans for 2023 – here are the key notes

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While the cryptocurrency market continues to struggle with the reverberations of the FTX crash, the Cardano (ADA) team is optimistic about its platform’s future, including the CEO of the Cardano Foundation, Frederik Gregaard.

Indeed, Gregaard expressed excitement over the plans for Cardano in 2023, which he believes will “really move the needle, both short-term and long-term,” as well as expecting the ecosystem to mature outside its community, as he told Learn Cardano’s Peter Bui in an interview published on November 15.

As he explained:

“There are so many things I’m excited about. There are certain integrations that I’m not able to talk about right now, but I’m hoping they will land because they will really move the needle, both short-term and long-term. But I think what I’m mainly excited about is to see Cardano maturing outside the people who know and love Cardano today because what we see around us is mayhem.”

Further listing the advantages of Cardano against the current mayhem, Gregaard said that the platform “keeps running, improving, implementing, and adding value in local communities, and we keep exploring new ways of building blockchain and implementing it around the world.”

Spreading the word and educating

Asked by the host what the community can do to help the platform thrive, the Cardano Foundation CEO said that the most important thing was to spread the word about Cardano’s use cases beyond token ownership:

“There is so little information about where blockchain truly adds value and (…) there are so many industries where we can move the needle, (…) save jobs, create new jobs, create a sustainable footprint, change operating models, but there’s so little information about those use cases.”

The second part is to “ensure that education [about blockchain] becomes much more available, consumable, and accessible in multiple languages and styles of delivery.” 

As he stressed, the Cardano Foundation would be “very happy to try and supply” the tools necessary for achieving this, including when volunteering for blockchain lessons in local communities, such as schools and workplaces.

Ecosystem keeps expanding

Meanwhile, Cardano has gone through many improvements over the past two years, including introducing smart contracts and scalability, recording an accelerated growth of its crypto wallets, and adding over 30,000 in a week, as Finbold reported.

It is also worth noting that Cardano is developing a new lightweight multi-chain crypto wallet called Lace, which promises to seamlessly link Web2 and Web3 elements into a single interface and which the team considers a game-changer.

At press time, Cardano’s ADA token was changing hands at the price of $0.3362, down 1.30% on the day and 6.49% across the week, as the decline of the cryptocurrency market starts to slow down after last week’s shock.

Watch the entire video below:

The post Cardano Foundation outlines ADA plans for 2023 – here are the key notes appeared first on Finbold.

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JasmyCoin (JASMY) Builds Quietly as JasmyChain L2 Launch and 1,500% Whale Surge Signal a Structural Shift

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JasmyCoin has been one of crypto’s more patient stories. The token is trading around $0.0045 — down 99.9% from its all-time high of $4.79, but sitting well above its all-time low of $0.0028 — with a market cap of approximately $222 million and nearly 49.5 billion tokens in circulation. JASMY ranks #117 on CoinMarketCap, making it one of the more substantive projects by market cap in the IoT and data privacy category despite a price chart that would discourage most investors at first glance.

What’s changed in 2026 isn’t the price. It’s the protocol’s architecture — and for a project that has spent five years building quietly, the shift from a simple ERC-20 data token to the native gas asset of a full Layer 2 blockchain is a genuine structural upgrade.

JasmyChain: From Data Token to Infrastructure Gas

The most significant development in JASMY’s recent history is the launch of JasmyChain — an Ethereum Layer 2 built on Arbitrum Orbit technology with JASMY as its native gas token. The chain is operational in 2026 and prioritizes non-financial use cases that fit Jasmy Corporation’s original thesis: AI-driven data monetization, ESG data tracking, and integration with Japan’s evolving digital identity framework.

The shift matters for the token’s value proposition in a specific way. As an ERC-20 token, JASMY’s demand was tied to data payments within the Jasmy ecosystem — functional but limited in scope. As the native gas token of a full L2 blockchain, every transaction processed on JasmyChain requires JASMY for execution fees — a structural demand sink that scales with network activity rather than remaining static.

JasmyChain features decentralized storage via IPFS and identity management through the Secure Knowledge Communicator — a tool that gives individuals verifiable control over their personal data across connected IoT devices. That IoT-identity stack is what Jasmy has been building toward since its 2021 founding by former Sony executives Kazumasa Sato and Kunitake Ando.

The 1,500% Whale Surge That Raised Eyebrows

On-chain data from Santiment revealed a 1,500% week-over-week jump in large JASMY transactions — transfers exceeding $100,000 — in May 2026, following a 950% spike in April. Numbers of that magnitude in large-holder activity typically precede significant price moves, though whether they signal accumulation or distribution isn’t immediately clear from the data alone.

What followed was a 16% single-day surge on June 15 with volume jumping 175% to $28.5 million — a move that broke JASMY above a multi-week descending channel and triggered a MACD bullish crossover on the daily chart. The breakout faced immediate resistance in the $0.0054 to $0.0056 range, a dense liquidity zone that has capped subsequent recovery attempts.

The technical picture heading into mid-July is mixed. The 50-day moving average on the four-hour chart is rising, suggesting improving short-term momentum. The daily and weekly 200-day moving averages are both falling, indicating the longer-term trend remains structurally weak. The $0.0040 level is the line that matters most — a weekly close below that zone would invalidate the accumulation thesis that the whale activity data had been pointing toward.

The Japan Digital Identity Angle

Jasmy’s positioning within Japan’s digital identity framework is the most underappreciated aspect of the project’s longer-term case. Japan has been aggressively building out its digital infrastructure over the past few years, and Jasmy’s Secure Knowledge Communicator provides exactly the kind of privacy-preserving identity verification layer that regulatory frameworks increasingly require.

A Japanese blockchain project with former Sony leadership, regulatory-aligned product design, and a functioning L2 that uses JASMY as gas sits in a specific category that very few projects occupy — domestically credible, institutionally connected, and building for regulated real-world adoption rather than DeFi speculation. The gap between that description and a $222 million market cap is either a valuation opportunity or a signal that the adoption cycle is moving slower than the team had hoped.

JasmyChain’s ability to attract dApps and real-world developers is what closes that gap. The infrastructure is live. The demand catalyst depends entirely on what gets built on top of it.

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Sui Implements Gasless Stablecoin Transfers to Streamline Payments

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The Sui network has officially introduced gasless stablecoin transfers, a technical update aimed at removing one of the primary friction points for digital payments. The feature allows users to send stablecoins without holding the network’s native SUI token to cover transaction fees.

A demonstration of the new flow was shared by the @SuiNetwork official account on X, highlighting a comparison between Sui’s streamlined process and the multi-step “retry” cycles often required on other blockchains when gas fees fluctuate or are insufficient. The update is part of a broader infrastructure push to position the network as a viable alternative for high-volume payment applications.

Infrastructure for the “Payments Network” Narrative

The transition to gasless transfers addresses a long-standing barrier in the stablecoin market: the requirement for users to manage secondary asset balances just to move liquidity. By abstracting these costs, Sui aims to provide an experience closer to traditional fintech applications while maintaining on-chain settlement.

According to the Sui Foundation in an official blog post, this capability is a core component of the “Sui Stack,” a developer-focused rollout intended to evolve the Layer-1 into a more comprehensive platform. The network’s ability to process transactions in parallel serves as the underlying technical foundation for maintaining low latency during these transfers.

Market Response and Observed Activity

While the feature targets retail and payment adoption, early data suggests significant participation from automated systems. Secondary reports indicate that within the first five days of the launch, transfer volumes reached approximately $65 billion. Analysts have noted that a portion of this initial activity likely originated from arbitrage bots testing the network’s high throughput capabilities under the new fee structure.

The broader ecosystem has shown steady liquidity growth alongside these technical updates. Total Value Locked (TVL) on the network has trended upward, and stablecoin capitalization—primarily led by USDC—has recently reached approximately $460 million. This liquidity provides the necessary backbone for the gasless feature to function across decentralized finance (DeFi) protocols and peer-to-peer transfers.

Despite the official rollout and the confirmed functionality of the gasless flow, long-term adoption metrics remain pending. The available data captures an initial surge in activity, but it remains unclear how much of this volume will translate into sustained organic usage once the novelty and early testing phases conclude. For now, the development marks a shift in Sui’s strategy to compete for the stablecoin payment sector by prioritizing user experience over traditional fee models.

The post Sui Implements Gasless Stablecoin Transfers to Streamline Payments appeared first on The Cryptocurrency Post.

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NEAR Protocol Confirms Verifiable Private Inference for AI

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NEAR Protocol has detailed a new technical approach to AI execution, confirming that NEAR AI now utilizes secure hardware enclaves to provide verifiable private inference. The system is designed to return hardware-signed proofs that verify the specific model used, the data processed, and the execution itself, addressing growing concerns over data sovereignty and the limitations of closed AI models.

The development shifts the trust model from contractual agreements to cryptographic and hardware-level certainty. By running AI agents within a user-owned stack, NEAR aims to provide a structural alternative to centralized AI providers, particularly in light of increasing export controls and data privacy restrictions.

Secure Enclaves and Hardware Proofs

At the core of this update is the use of Trusted Execution Environments (TEEs), such as Intel TDX and confidential GPUs. According to official NEAR AI documentation, these secure enclaves allow inference to run in an isolated environment where memory is encrypted at the CPU level. This prevents host operators, hypervisors, or unauthorized third parties from accessing the data being processed.

The system generates a cryptographic “attestation” or hardware-signed certificate. This proof allows users or third parties to verify that the workload ran exactly as intended without being modified. The NEAR Protocol official account noted that the IronClaw security layer is used to protect the agent level, ensuring that users maintain sovereignty over their data and model interactions.

Addressing Data Sovereignty

The move toward verifiable inference comes as a response to the “closed” nature of frontier AI models. In typical cloud-based AI interactions, users must rely on the provider’s contractual promise that data is not being stored or used for training. NEAR’s implementation replaces this reliance on trust with “structural assurances,” where the silicon itself proves the security of the environment.

This approach is particularly relevant for:

  • Export Controls: Providing verifiable proof of hardware and execution locations.
  • Sensitive Workloads: Allowing institutions to run models on rented cloud compute without exposing proprietary data to the cloud provider.
  • Model Integrity: Ensuring that the specific version of an AI model requested is the one actually performing the task.

Status and Integration

While the technical framework for private inference and hardware attestation is now officially documented and confirmed, specific adoption metrics remain pending. The available sources do not yet provide data on total usage numbers or a comprehensive list of third-party integrations launched within the last 48 hours. The current focus remains on the deployment of human-owned AI stacks that leverage these secure hardware proofs to bypass centralized bottlenecks.

The post NEAR Protocol Confirms Verifiable Private Inference for AI appeared first on The Cryptocurrency Post.

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