Press Release
Cautious Moves for Ethereum, Rising Pressure on Hedera, and a $10.6M Milestone for Unstaked
In a market where sentiment shifts fast and narratives age even faster, Ethereum and Hedera are walking two very different paths, but both are converging around uncertainty. Ethereum is trading near a critical support level, struggling to maintain bullish momentum despite encouraging network growth and progress on the regulatory front. Meanwhile, Hedera’s price action is tightening, forming a chart pattern that often precedes big moves, yet the direction remains undecided.
During this back-and-forth, Unstaked has raised $10.6 million through its ongoing presale, attracting serious capital without the typical marketing blitz. It’s not trending for hype, it’s trending because early investors see structure, scalability, and a well-incentivized ecosystem.
Ethereum Stalls Near Key Support Despite Network Growth
Ethereum (ETH) is trading around $2,500, supported by a surge in new address creation, which has grown by nearly one-third compared to the same time last year, according to Santiment. This growth aligns with positive momentum surrounding the GENIUS stablecoin bill, which passed the U.S. Senate and is now awaiting House approval. If enacted, it would mark the first major crypto legislation in the U.S., potentially boosting institutional confidence.
President Donald Trump has urged swift passage of the bill, calling it a turning point for U.S. dominance in digital assets. Meanwhile, Ethereum continues to lead with a $126 billion stablecoin market cap on its Layer 1, representing over 50% dominance.
Technically, ETH is holding critical support at $2,450, backed by key moving averages. However, with declining volume and sideways indicators like RSI and Stochastic, momentum is fragile. A breakdown below this level could send ETH toward $2,110, while a move above the 200-day SMA may revive bullish sentiment and target higher channel levels.
Hedera Compresses as Technical Risk Builds
Hedera’s native token HBAR has dropped sharply to $0.1450, its lowest level since April 9 and about 35% below its May peak. This decline coincides with the formation of a death cross pattern on May 30, where the 50-day and 200-day EMAs crossed, a signal often associated with extended bearish trends. Despite the negative price action, Hedera announced a major ecosystem update: AUDC, an Australian company, launched AUDD, the first Australian dollar stablecoin on the Hedera network. AUDD boasts fast settlement and low fees, marking the first commercial use of Hedera Studio.
However, the network’s stablecoin supply has collapsed 82% from $216M to just $40M, raising concerns. Competing chains like Sonic and Unichain now hold over $380M in stablecoins each. Meanwhile, futures open interest in HBAR has dropped to $217M, down from a $308M high. Technical indicators such as RSI and MACD also continue to fall. If the downturn continues, price could slide toward $0.1200, unless it breaks resistance at $0.1855.
Unstaked at $0.012091: Quiet Execution, Real Utility, and $10.6M Raised
While Ethereum flirts with its technical floor and Hedera battles a confidence gap, Unstaked is moving forward with purpose. Priced at $0.012091, and targeting a launch price of $0.1819, Unstaked offers more than just upside, it offers clarity. The project has already raised over $10.6 million and completed 22 presale stages, all without influencer marketing or forced virality. It’s gaining traction because the fundamentals are doing the work.
Unstaked allows users to deploy autonomous AI agents that manage, grow, and engage online communities across platforms like X and Telegram. These agents generate real, on-chain performance data that ties directly to wallet ownership. Unlike passive tokens, Unstaked’s ecosystem is built for active participation, where only effective agents are rewarded through a transparent Proof of Intelligence system.
Adding fuel to its growth, Unstaked has launched a $1,000,000 giveaway, one of the largest presale-based campaigns in the space. 20 winners will each receive $50,000 in $UNSD, rewarded for completing tasks, referring others, engaging on social platforms, and purchasing a minimum of $100 in tokens. This isn’t a hype stunt, it’s a well-designed mechanism to bootstrap community contribution and filter for real users.
With an MVP on the way and multiple CEX listings planned, Unstaked is set to enter the market with strong liquidity and measurable utility. There are no private allocations, no hidden terms, and no speculative promises. For buyers seeking early positioning in something that’s functioning before it’s fashionable, Unstaked checks all the right boxes.
Wrapping Up!
Ethereum is holding the line, Hedera is testing its footing, and Unstaked is simply moving forward. In a market where hesitation can be costly, Unstaked is executing on a roadmap grounded in user mechanics, on-chain performance, and ecosystem incentives. It’s raised $10.6 million not through buzzwords but through visible progress. The contrast is clear. Ethereum and Hedera may both regain momentum in the right conditions, but right now, their paths are uncertain. Unstaked, by comparison, is operating with focus, growing with intention, and offering early participants a quantifiable advantage.
With 28x potential, a $1M reward structure, and functional technology already deployed, this is not just another token, it’s a platform positioning itself to define the next cycle.
Join Unstaked Now:
Presale: https://presale.unstaked.com/
Website: https://unstaked.com/
Telegram: https://t.me/UnstakedTokenOfficial
Hong Kong, 17th April 2026 — Hong Kong Web3 Festival 2026 is honored to have MyDex onboard as a Tertiary Exhibition Sponsor.
MyDex is the next-gen intelligent trading platform where humans and AI evolve together. Explore more at https://www.mydex.io/
Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.
The four-day event will feature over 20 sessions across four stages, bringing together 200+ speakers, 100+ partners, and thousands of Web3 professionals, investors, and enthusiasts across the globe to explore trending topics in crypto finance, AI + Web3, and RWAs.
The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape. Confirmed speakers include:
Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of Hong Kong
Lu Weiding, Deputy to the People’s National Congress, Vice Chairman to All-China Federation of Industry and Commerce, Chairman and CEO of Wanxiang Group
Mr Joseph H. L. CHAN, JP, Under Secretary for Financial Services and the Treasury, Financial Services and the Treasury Bureau, Hong Kong
Dr. YIP Chee Hang, Executive Director of Intermediaries, Securities and Futures Commission, Hong Kong
Xiao Feng, Chairman of Wanxiang Blockchain, Chairman and CEO of HashKey Group
Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong
Vitalik Buterin, Co-Founder, Ethereum
Michael Faulkender, Professor of Finance, University of Maryland; Former Deputy Secretary, the U.S. Treasury
Yi He, Co-CEO, Binance
Richard Teng, Co-CEO, Binance
Lennix Lai, Chief Commercial Officer, OKX Global
H.E. Justin Sun, Founder, TRON; Advisor, HTX; Advisor, B.AI
Adeniyi Abiodun, Co-Founder & Chief Product Officer, Mysten Labs
Seiji Yuki, Executive Managing Director, Japan Virtual and Crypto assets Exchange Association & Japan Cryptoasset Business Association
Lily Liu, President, Solana Foundation
Joseph Chalom, CEO, Sharplink
Francis B. Zhou, CEO, Quantum Solutions
Abdelhamid Bizid, Managing Director, BlackRock
Cindy Xu, Managing Director, Head of Asia Fintech and China Financial Institutions and Governments, J.P. Morgan
Akhil Devmurari, Fintech Sector Head, APAC, Payments, J.P. Morgan
Brian Mehler, CEO, Stable
Yat Siu, Co-Founder and Chairman, Animoca Brands
Min Lin, Managing Director, Head of Global Business Development at Ondo Finance
Franklin Bi, General Partner, Pantera Capital
John Cahill, COO, Galaxy Digital Asia
……
And 200+ industry leaders from traditional finance, tech giants, and Web3 projects.
Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3 journey: https://luma.com/hkweb3festival_2026
Hong Kong, 14th April 2026 — Hong Kong Web3 Festival is pleased to welcome AurumX as a Primary Exhibition Sponsor for its upcoming 2026 edition.
AurumX is building a next-generation, AI-driven institutional-grade global asset financial trading system. Explore more at https://aurumx.pro
Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.
The four-day event will feature over 20 sessions across four stages, bringing together 200+ speakers, 100+ partners, and thousands of Web3 professionals, investors, and enthusiasts across the globe to explore trending topics in crypto finance, AI + Web3, and RWAs.
The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape. Confirmed speakers include:
Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of Hong Kong
Lu Weiding, Deputy to the People’s National Congress, Vice Chairman to All-China Federation of Industry and Commerce, Chairman and CEO of Wanxiang Group
Mr Joseph H. L. CHAN, JP, Under Secretary for Financial Services and the Treasury, Financial Services and the Treasury Bureau, Hong Kong
Dr. YIP Chee Hang, Executive Director of Intermediaries, Securities and Futures Commission, Hong Kong
Xiao Feng, Chairman of Wanxiang Blockchain, Chairman and CEO of HashKey Group
Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong
Vitalik Buterin, Co-Founder, Ethereum
Michael Faulkender, Professor of Finance, University of Maryland; Former Deputy Secretary, the U.S. Treasury
Yi He, Co-CEO, Binance
Richard Teng, Co-CEO, Binance
Lennix Lai, Chief Commercial Officer, OKX Global
H.E. Justin Sun, Founder, TRON; Advisor, HTX; Advisor, B.AI
Adeniyi Abiodun, Co-Founder & Chief Product Officer, Mysten Labs
Seiji Yuki, Executive Managing Director, Japan Virtual and Crypto assets Exchange Association & Japan Cryptoasset Business Association
Lily Liu, President, Solana Foundation
Joseph Chalom, CEO, Sharplink
Francis B. Zhou, CEO, Quantum Solutions
Abdelhamid Bizid, Managing Director, BlackRock
Cindy Xu, Managing Director, Head of Asia Fintech and China Financial Institutions and Governments, J.P. Morgan
Akhil Devmurari, Fintech Sector Head, APAC, Payments, J.P. Morgan
Brian Mehler, CEO, Stable
Yat Siu, Co-Founder and Chairman, Animoca Brands
Bugra Celik, Head of Digital Assets and Currencies at Global Macro, HSBC
Min Lin, Managing Director, Head of Global Business Development at Ondo Finance
Franklin Bi, General Partner, Pantera Capital
John Cahill, COO, Galaxy Digital Asia
……
And 200+ industry leaders from traditional finance, tech giants, and Web3 projects.
Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3 journey: https://luma.com/hkweb3festival_2026
Hong Kong, 14th April 2026 — Hong Kong Web3 Festival is honored to welcome PancakeSwap as a Secondary Exhibition Sponsor for its upcoming 2026 edition.
PancakeSwap is a leading decentralized exchange. Explore more at: https://pancakeswap.finance/swap
Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.
The four-day event will feature over 20 sessions across four stages, bringing together 200+ speakers, 100+ partners, and thousands of Web3 professionals, investors, and enthusiasts across the globe to explore trending topics in crypto finance, AI + Web3, and RWAs.
The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape. Confirmed speakers include:
Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of Hong Kong
Lu Weiding, Deputy to the People’s National Congress, Vice Chairman to All-China Federation of Industry and Commerce, Chairman and CEO of Wanxiang Group
Mr Joseph H. L. CHAN, JP, Under Secretary for Financial Services and the Treasury, Financial Services and the Treasury Bureau, Hong Kong
Dr. YIP Chee Hang, Executive Director of Intermediaries, Securities and Futures Commission, Hong Kong
Xiao Feng, Chairman of Wanxiang Blockchain, Chairman and CEO of HashKey Group
Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong
Vitalik Buterin, Co-Founder, Ethereum
Michael Faulkender, Professor of Finance, University of Maryland; Former Deputy Secretary, the U.S. Treasury
Yi He, Co-CEO, Binance
Richard Teng, Co-CEO, Binance
Lennix Lai, Chief Commercial Officer, OKX Global
H.E. Justin Sun, Founder, TRON; Advisor, HTX; Advisor, B.AI
Adeniyi Abiodun, Co-Founder & Chief Product Officer, Mysten Labs
Seiji Yuki, Executive Managing Director, Japan Virtual and Crypto assets Exchange Association & Japan Cryptoasset Business Association
Lily Liu, President, Solana Foundation
Joseph Chalom, CEO, Sharplink
Francis B. Zhou, CEO, Quantum Solutions
Abdelhamid Bizid, Managing Director, BlackRock
Cindy Xu, Managing Director, Head of Asia Fintech and China Financial Institutions and Governments, J.P. Morgan
Akhil Devmurari, Fintech Sector Head, APAC, Payments, J.P. Morgan
Brian Mehler, CEO, Stable
Yat Siu, Co-Founder and Chairman, Animoca Brands
Bugra Celik, Head of Digital Assets and Currencies at Global Macro, HSBC
Min Lin, Managing Director, Head of Global Business Development at Ondo Finance
Franklin Bi, General Partner, Pantera Capital
John Cahill, COO, Galaxy Digital Asia
……
And 200+ industry leaders from traditional finance, tech giants, and Web3 projects.
Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3 journey: https://luma.com/hkweb3festival_2026
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