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Linqto Pre-IPO Ripple Shareholders Can Expect Gains Beyond Their Investments: Legal Expert

Lele Jima
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Linqto Pre-IPO Ripple Shareholders Can Expect Gains Beyond Their Investments: Legal Expert

Following concerns about Linqto’s impending bankruptcy, pro-XRP lawyer John Deaton assures investors that they may recover more than the value of their initial investments. 

For context, the Wall Street Journal disclosed that the DOJ is currently investigating Linqto for regulatory compliance violations. Earlier, Attorney Deaton also suggested that the SEC and another three-letter agency are investigating Linqto for potential violations of federal securities laws. 

As a result, some market commentators suggested that the company could be facing an impending bankruptcy. Amid this speculation, Deaton emphasized that no one can predict the outcome of the process. 

Real Truth Will Emerge Soon 

Meanwhile, the former U.S. Senate Candidate confirmed that he has spoken with several Linqto stakeholders, including its founder, current management, sponsored influencers, and board members, to gain a better understanding of the current situation. 

Three former employees and sponsored influencers said they were unaware of any securities law violations. On the other hand, some executives at Linqto and WSJ affirmed that the securities law violations were severe. They attribute the entire blame to the company’s founders, Bill Sarris and Vicki Sarris, whom they believe committed fraud. 

Nonetheless, Deaton said he learned from other sources that some entities are exaggerating things and that the violation was a minor infraction. Based on these contradictory claims, the lawyer insisted that it was only a matter of time before the public discovered the real truth. 

Customers Hold Priority on Claims 

Furthermore, attorney Deaton emphasized that the company has no creditors. Therefore, its customers, including the 11,500 Ripple SPV unit holders, will be prioritized over Linqto’s equity shareholders.  

Deaton confirmed that all underlying holdings, including pre‑IPO Ripple and Kraken shares invested by Linqto customers, remain intact. 

He referenced a statement from Ripple CEO Brad Garlinghouse, who also confirmed that Linqto holds 4.7 million units of its pre-IPO shares. Garlinghouse had noted that Linqto acquired these shares through the secondary market from existing shareholders. 

Linqto Customers Could See Gains 

Garlinghouse added that the value of Ripple shares has surged tremendously, meaning that Linqto unit holders could see gains on their initial investments. 

Citing Ripple’s recent share buyback offer at $175 per share, Deaton estimated Linqto’s 4.7 million pre‑IPO Ripple shares to be worth roughly $800 million. Similarly, he suggested that Circle’s shares have soared by 6x from the amount investors initially paid.

Based on this growth, Deaton estimated that an investment of $30,000 in Circle’s SPV units via Linqto is now valued at $150,000. 

“In sum, with no creditors and the above-referenced value, there’s no valid reason people won’t get MORE than their initial investment,” Deaton wrote. He promised to ensure that investors get full compensation.

Duration of Bankruptcy Proceedings 

Meanwhile, besides a bankruptcy, Deaton suggested that Linqto might undergo restructuring or a buyout. In the event of a bankruptcy, he said a court could approve a reorganization plan within nine months if the stakeholders quickly reach a consensus. 

However, in the absence of a quick consensus, the lawyer asserted that the bankruptcy proceedings could last for more than two years, with legal fees exceeding $150 million. 

Expert Says Every XRP “Conspiracy Theory” Is Now Playing Out in Real Time

Abdulkarim Abdulwahab
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Expert Says Every XRP “Conspiracy Theory” Is Now Playing Out in Real Time

Well-known XRP advocate Edoardo Farina, founder of Alpha Lions Academy, claimed that every XRP conspiracy theory is playing out in real time.

His comments follow Ripple’s official confirmation that it has applied for a U.S. national bank charter, something that once seemed unthinkable for a crypto firm, but the XRP community vehemently championed.

The approval could confirm Ripple’s new status as a federally chartered bank. In addition, it could bring its stablecoin RLUSD under direct oversight from the Office of the Comptroller of the Currency (OCC).

Ripple already holds a state license from the New York Department of Financial Services. This potential dual licensing could make RLUSD one of the most trusted stablecoins on the market.

RLUSD and the Fed

In parallel, Ripple is pursuing a master account with the Federal Reserve through its subsidiary, Standard Custody. Such an account would allow Ripple to hold RLUSD reserves directly at the Fed, a privilege few non-banks possess.

Some experts believe this access would place Ripple in an elite tier. Specifically, American crypto correspondent Eleanor Terrett called a master account a “Diamond” compared to a bank charter’s “Platinum” status.

Launched in December 2024, RLUSD is already the ninth-largest stablecoin, with a $470 million market cap and growing interest. Interestingly, Ripple executive Reece Merrick has claimed that RLUSD processes $10 billion in daily transaction volume.

However, many have disputed this figure, as the coin itself has a much lower market cap. Yet, the growth of RLUSD highlights its increasing prominence and adoption.

The XRP Escrow Theories Resurface

With Ripple making concrete moves toward offering banking services, Farina’s earlier hypothetical theories about the XRP escrow are gaining new attention.

He previously speculated that the U.S. Treasury may have quietly gained control over part of Ripple’s XRP escrow as far back as 2020. He theorized that key institutions like the BIS, IMF, and U.S. Treasury have already secured large holdings through private agreements for various internal operations, including reserve assets.

According to Farina, these arrangements may have coincided with the timing of the SEC lawsuit, suggesting a deeper strategy unfolding behind the scenes. 

While none of these claims can be confirmed on-chain, he argues that the true ownership of Ripple’s escrowed XRP is no longer as transparent as it seems.

By this, he suggests Ripple may no longer be the sole owner of the 37 billion XRP in escrow. Meanwhile, this remains hypothetical and one of his conspiracy theories, which he hopes will become true someday.

“The Opportunity Will Be Over”

Farina believes a time is coming when Ripple will reveal the “truth” about the escrowed XRP. When that moment arrives, he says, the window of opportunity to accumulate XRP will close for good.

“You laughed at us. Now you’re watching history unfold,” he posted, implying that the long-dismissed XRP theories are finally becoming reality.

Essentially, Ripple’s recent moves, such as its bank charter application, pursuit of Fed access, and stablecoin momentum, are lending new weight to narratives once considered far-fetched within the XRP community.

Expert Says Buying XRP at $2 Today Mirrors Acquiring Bitcoin at $50

Lele Jima
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Expert Says Buying XRP at $2 Today Mirrors Acquiring Bitcoin at $50

Black Swan Capitalist co-founder Versan Aljarrah suggests that buying XRP at $2 today is similar to purchasing Bitcoin at $50 several years back. 

While some investors view XRP’s current price as too expensive compared to its previous range of $0.50, Aljarrah disputes this. In his view, the coin is relatively inexpensive given its potential upside.

He compared the current XRP price of $2 to buying Bitcoin a few years ago when its price was around $50. Recall that Bitcoin traded at around $50 in mid-April 2013. At the time, many believed the price was too expensive for an asset with no regulatory clarity.

However, Bitcoin’s price has grown massively ever since, soaring 213,900% to $107,000, where it currently trades.

XRP Has Clarity

Unlike early Bitcoin, the Black Swan Capitalist co-founder emphasized that XRP already has regulatory clarity, utility, and infrastructure.

For context, XRP’s utility is tied to its use in cross-border settlement. Notably, Judge Analisa Torres provided regulatory clarity for the token in July 2023 when she ruled that it was not a security in the lawsuit between the SEC and Ripple.

“XRP Volatility Designed to Exhaust Retail Investors”

Meanwhile, Aljarrah commented on XRP’s volatility amid sharp price swings. He alleged that some entities are engineering this volatility to exhaust retail investors while allowing institutional clients to reposition themselves ahead of the activation of tokenized infrastructure.

Aljarrah suggested that as retail investors sell their XRP, institutional investors quietly accumulate tokens, repositioning themselves for the next wave of adoption.

“XRP at $2 Is Cheap”

Aljarrah’s view echoes a growing sentiment within the XRP community that suggests that the $2 price is relatively inexpensive compared to its potential upside.

In May, popular community figure BarriC indicated that a price below $3 presents investors with a prime opportunity to accumulate the token. Previously, BarriC projected that investors would be willing to acquire XRP at a unit price of $100 in the future.

He also believes that once the price breaks beyond its current level, investors will no longer have the chance to buy as much XRP as they want, with potential highs projected at $1,000.

Additionally, market commentator DustyBC has set a December 2025 timeline for XRP to demonstrate that it was significantly undervalued around the $2 price range.

Overall, these bullish commentaries suggest that the XRP community views the $2 price point as relatively inexpensive compared to the asset’s potential. At press time, XRP was trading at $2.22, up 1.98% in the past day and 1.22% in the past week.

Pundit Says Sleep on XRP and You Will Miss the Greatest Wealth Transfer in History

Abdulkarim Abdulwahab
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Pundit Says Sleep on XRP and You Will Miss the Greatest Wealth Transfer in History

XRP advocates continue to promote the asset as one of the greatest financial investments of all time, one that no one should miss out on today.

In a tweet, XRP community influencer Coach JV described Ripple as a revolutionary force in the global finance industry. According to him, XRP is not another crypto asset vying for attention but the foundation of a new financial system that is already unfolding.

Ripple Replacing the Banking System

As a result, Coach JV declared that XRP is the most disruptive financial technology of our lifetime. He stressed that Ripple isn’t merely competing with the traditional banking system but actively replacing it.

He argued that the current financial infrastructure is obsolete and that new rails, powered by digital assets like XRP, are now taking charge.

Indeed, Ripple is making strides in the financial market by delivering blockchain solutions with XRP. It could move value in seconds for a fraction of the cost of traditional systems. The company continues to pursue regulatory licenses to strengthen its offering.

With XRP at the center of Ripple’s movement, XRP proponents see a promising future for the coin.

Don’t Miss the “Greatest Wealth Transfer in History”

Specifically, Coach JV warned that anyone still ignoring XRP’s role in the financial evolution risks missing out on what he calls “the greatest wealth transfer in history.”

This aligns with a recurring theme in the XRP community. Despite XRP’s disappointing price performance over the past few months, proponents believe they will someday reap significant rewards when the legacy system finally gives way to digital innovation.

This contributes to the widespread sentiment that today’s investors are still very early in their exposure to XRP. Pundits often share these ideas to encourage optimism amid concerns around the coin’s underperformance, especially since it has been trading below its all-time high for seven years.

Yet, optimism surrounding Ripple’s ongoing integrations, the growing momentum behind XRP ETFs in the U.S., and companies launching XRP treasuries continues to give holders hope for the future.

“Waking up to Unimaginable Wealth”

For instance, in an earlier post, Coach JV promised a future of “unimaginable wealth” for XRP holders who stay patient and proactive. Notably, XRP currently trades around $2. But the commentary suggests its price could rise significantly, and loyal investors will one day be amazed by the gains they achieve with XRP.

Early Holders Are Still Early

Other XRP commentators like Edoardo Farina have also weighed in on the notion that current XRP holders are still early. Farina highlights that, despite XRP’s decade-long existence, the number of active global holders remains surprisingly low, at approximately 1 to 2 million people worldwide.

This suggests that the vast majority of potential investors have yet to enter the market, bolstering the idea that current holders are still in the early stages of adoption with significant growth potential ahead.

Analyst Says Holding Might be Suicide, but Sees Mid-Term XRP Rebound to $2.55

Mark Brennan
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Analyst Says Holding Might be Suicide, but Sees Mid-Term XRP Rebound to $2.55

Analyst suggests holding some losing trades might be slow suicide but sees XRP rebounding if key support holds amid a bullish setup.

As of July 3, XRP has shown a generally upward price trajectory, marked by intermittent pullbacks. The asset has fluctuated between approximately $2.08 and $2.30 in recent weeks and is currently trading at $2.28, reflecting a 3.98% increase over the past 24 hours and a 4.22% gain in the last seven days.

XRP Bullish Reversal Pattern Spotted 

Meanwhile, according to a TradingView analyst known as Mad Whale, XRP may be on the verge of a further move upward, supported by a key technical level on the 12-hour chart.

The analyst highlights a bullish reversal setup forming within a falling wedge pattern, a structure typically marked by converging downward-sloping trendlines that constrain price movement before a breakout occurs.

Screenshot 2025 07 03T105338051
XRP Price Prediction

This pattern appears to have been in play for some time. The lower support line of the wedge has been tested multiple times, most notably on May 6 when XRP dipped to $2.08 but quickly rebounded. Price movements toward the support were also halted on June 5 at $2.06 and on June 23 at $1.96. On the upper side, resistance held firm, for instance near $2.33 on June 16.

Breakout Attempt and Potential Pullback Toward $2.00

Recently, XRP broke above the wedge pattern, briefly reaching $2.32, suggesting a possible bullish breakout. However, the analyst warns that XRP remains close to a significant daily support level at $2.00, which also coincides with a psychological round number.

This level, described as a “main daily support area,” has historically attracted buying interest and may serve as a springboard for a rebound if tested again.

A drop to this support would require a 12.28% decline from current levels. Should XRP find support there and rebound, Mad Whale projects a minimum upside of 11.84% from the current price, with a target of $2.55.

Analyst’s Education Section

Meanwhile, in his education section, the analyst is urging XRP traders to reconsider their positions, warning that holding onto a trade without clear technical justification is often driven by emotion rather than strategy. He specifically says holding is suicide. 

In the commentary, the analyst emphasized that “hope is not a strategy,” and argues that mental capital can be drained faster than account balances when traders convince themselves that a rebound is just a matter of time.

He highlighted common pitfalls, such as ignoring RSI divergence, weakening momentum, or signs of institutional exit to point to a recent case where holders of a hyped altcoin suffered a 48% drop within five days after failing to act on key warning signals.

To help traders avoid emotional traps, the analyst recommends four TradingView tools: Volume Profile, RSI Divergence, Smart Money Concepts, and Session Volume indicators. These tools, according to Mad Whale, help spot when price action is no longer in the trader’s favor and when conviction in the trend has faded. 

The analyst advises traders to ask themselves whether their reasons for holding are rooted in structure or denial. The takeaway is that sometimes holding is wise, but more often, it’s just avoidance wrapped in hope.

Shiba Inu Lead Confirms Revenue Trumps Utility in Crypto Success, Teases Strategic Plan Reveal

Lele Jima
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Shiba Inu Lead Confirms Revenue Trumps Utility in Crypto Success, Teases Strategic Plan Reveal

Shytoshi Kusama, the lead developer of the Shiba Inu ecosystem, suggests that revenue, rather than utility, guarantees the success of a crypto project. 

Kusama made the assertion in response to a bold claim from market commentator Luis Delgado, popularly known as Del Crxpto within the SHIB community. 

In a message Delgado tagged as ‘reality check,’ he asserted that everyone wrongly believed that a crypto project’s success hinges on its utility. However, he dismissed this narrative. He claimed that revenue is all that matters when ascertaining the success of a crypto project, just like every other business. 

Kusama Agrees 

Kusama affirmed Delgado’s reality check, emphasizing the importance of revenue in guaranteeing success in crypto. He also suggested that the Shiba Inu ecosystem has always been aware of this.

“This is exactly what I’ve been saying and WHY we have been doing what we have been doing,” Kusama remarked.

His commentary suggests that the ecosystem team designed the Shiba Inu project to drive real value and build on-chain revenue streams. 

Shiba Inu to Unveil a Strategic Plan

In addition, Kusama hinted at the upcoming release of a strategic plan. This plan might outline how Shiba Inu can generate more revenue and boost its standing in the crypto market.

However, he questioned whether the Shiba Inu community will support the foundation the team has built and the subsequent plan it intends to unveil. 

This commentary acknowledges the potential impact of the community on the success of the upcoming plan Kusama intends to unveil. In his view, the success of this plan hinges on whether the community will fully support it. 

Responding, Delgado affirmed that Shiba Inu community members will educate themselves about the upcoming strategic plan and technology. Afterward, he said SHIB enthusiasts will “run with it,” supporting the initiative to guarantee success. 

Shiba Inu Team to Announce New AI-Driven Initiatives in July 

Meanwhile, Kusama has been hinting at the release of an AI-focused paper, which will detail the integration of Shiba Inu with artificial intelligence.

While there is no official date for the release of the AI paper, Kusama suggested that the team might unveil its artificial intelligence initiatives this July, which he has rebranded as “JUL-AI.” 

He informed the community to brace up for multiple announcements, releases, and discussions this month. According to him, these announcements and discussions will revolve around Shiba Inu’s past developments as well as its future roadmap. 

CNBC Contributor Says Bitcoin Set for “Early Fireworks” to $142,000

Elendu Benedict
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CNBC Contributor Says Bitcoin Set for “Early Fireworks” to $142,000

A bullish pattern on the higher Bitcoin timeframe supports widespread optimism that its price could rally to levels never seen before.

Bitcoin could be set for “early fireworks,” according to Frank Cappelleri, founder of independent research firm CappThesis and CNBC contributor. In a July 2 post, he identified a bullish structure on the BTC/USDT chart that could push prices to unprecedented levels.

Bitcoin Nears Breakout

Specifically, Cappelleri highlighted an inverse head and shoulders pattern on the weekly timeframe, a typical bullish structure that precedes a positive price shift. He asserted that a breakout for BTC would spur a price explosion specifically to $142,000.

An accompanying chart further buttresses the details of this bullish pattern. For context, a typical H&S pattern consists of the head, left shoulder, and right shoulder, all of which the chart highlights.

Bitcoin to $142,000/Frank Cappelleri

For perspective, the left shoulder took form from Bitcoin’s price action between late December 2024 and January 2025. Specifically, BTC surged to a high of $108,287, retraced to $89,200 by mid-January, before hitting a new all-time high of $109,350 on January 20.

Meanwhile, the head formed with Bitcoin’s drop to $74,441 on April 7, a day after the market experienced its largest single-day liquidation. According to reports, more than 7,500 BTC, worth over $500 million, were liquidated across major exchanges on April 6.

Bitcoin is currently on the right shoulder. Notably, this right shoulder formed when it rallied to the ATH of $112,000 in May and then dropped to $98,330 last month. So far, Bitcoin has rebounded from this low to its current price of close to $110,000.

Interestingly, Bitcoin currently trends close to the pattern’s neckline and is on the verge of breaking out if current bullish momentum persists. Cappelleri predicts a target of $142,000, a 29% uptick from the current market price, upon breakout.

Moreover, a fuel to the analyst’s assurance that Bitcoin would rally to the new ATH is its performance following a breakout from a similar structure. BTC rally from $68,750 in November to December’s high of $108,287 came after a breakout from an inverse H&S pattern.

Global Liquidity Fueling Optimism

Remarkably, the rapidly growing global liquidity further fuels the optimism that Bitcoin could surge extensively. The global M2 money supply reached a new all-time high of $55.48 trillion yesterday, as more capital became available for investment.

Analyst “Ak47” shared in a tweet yesterday that this uptick suggests more appetite for risk assets, which would favor Bitcoin. Citing the correlation between BTC’s price and the global M2, she noted that the crypto leader is eyeing a nearly 60% surge to $175,000.

Bitcoin Correlation with Global Liquidity

Bitcoin trades at $109,538 at the time of writing.

Here’s What Ripple Banking License Could Mean for XRP

Sam Wisdom Raphael
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Here’s What Ripple Banking License Could Mean for XRP

Ripple is now attempting to boost its presence with the acquisition of a banking license, and some believe this could be beneficial to XRP.

For context, Ripple CEO Brad Garlinghouse recently announced that the company has filed for a national bank charter with the U.S. Office of the Comptroller of the Currency (OCC). 

Ripple Eyes Banking License and Fed Master Account

According to him, if an approval comes, Ripple will operate under both federal and New York State oversight, something few crypto firms can claim. Garlinghouse noted that this move will raise the bar for trust and transparency in the stablecoin space, as Ripple prepares to expand the role of its stablecoin, RLUSD.

At the same time, Ripple’s subsidiary, Standard Custody, also applied for a Federal Reserve master account. Notably, this access would allow Ripple to hold RLUSD reserves directly with the Fed, cutting out third parties. 

Garlinghouse described this step as a way to protect the long-term credibility of RLUSD and strengthen Ripple’s push for trusted, secure, and regulation-first crypto infrastructure. 

Possible Benefits to RLUSD

Expectedly, the announcement triggered widespread excitement within the XRP community. Commenting on the development, market analyst “XRP Investing” explained why the move matters far beyond just Ripple’s internal operations.

According to the analyst, the national bank charter would put Ripple on equal footing with major banks like JPMorgan. This status would legitimize RLUSD and put XRP under a much brighter spotlight. He believes that once Ripple earns that recognition, traditional financial institutions will start viewing XRP as a serious and credible asset.

XRP Investing also mentioned the importance of Ripple’s application for a Fed master account. In their view, if Ripple gains such access, it can store RLUSD reserves directly at the central bank, something that eliminates counterparty risk and brings full transparency. 

The analyst sees this as an important move. Specifically, if this occurs, institutions looking for a stablecoin backed by strong regulatory backing would naturally opt for RLUSD.

Speaking further, the analyst stressed that with both OCC and NYDFS oversight, RLUSD could become the stablecoin built for large institutions. It would be backed by U.S. Treasuries and could even qualify for FDIC insurance. 

Compared to other major assets like USDT and USDC, RLUSD would boast clearer regulation and stronger protections. XRP Investing said that this edge could push RLUSD to the top of the stablecoin market.

XRP Could Ride on the Wave

He also noted that Ripple’s improved regulatory standing could make XRP more attractive to banks and financial firms, especially for cross-border payments. Notably, Ripple already uses XRP for its Payments product, but adding full banking status and direct Fed access would make the offering more appealing. 

Further, XRP Investing tied the future price of XRP to its rising use. As more institutions adopt it for real-world use cases, trading volumes and demand would naturally increase. The analyst pointed out that XRP already saw a 3–5% jump right after the banking news, but he believes that’s just the start. If Ripple secures approval, XRP could gain serious momentum.

He also explained that Ripple wouldn’t need to rely on old banking systems like correspondent banks anymore. This would put Ripple in direct competition with the traditional financial system and give XRP a chance to replace outdated infrastructure. 

To him, Ripple could become the first blockchain-based company to operate as a full-service bank. They could handle custody, stablecoin management, and instant settlement, all through the XRP Ledger. 

The analyst added that RLUSD currently holds a market cap of about $470 million, compared to $62 billion for USDC and $158 billion for USDT. However, with clearer regulation and Fed-level access, RLUSD could close that gap quickly, and XRP would ride that wave.

Analyst Says Get Ready for Another Cardano Bull Run, Targeting $1.33

Mark Brennan
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0
Analyst Says Get Ready for Another Cardano Bull Run, Targeting $1.33

An analyst on TradingView expects another Cardano bull run, citing a repeating formation that led to the December 2024 run.

This comes at a time when Cardano (ADA) has shown renewed signs of strength as the crypto edges higher within a recovering market. Over the past 7 days, ADA has largely traded within a narrow range between $0.54 and $0.60.

A notable swing low occurred on July 1, when the price briefly dipped to approximately $0.54. As of today, ADA has rebounded to $0.6045, marking an 8.89% increase in the past 24 hours and a 6.23% rise over the last week.

The latest surge in ADA’s price action has attracted the attention of analysts, including Arman Shaban on TradingView, who has offered a bullish projection based on Smart Money Concepts.

Shaban’s analysis of the 3-day ADA chart outlines a complete market structure cycle, highlighting the significance of both historical and current order blocks.

Key Cardano Order Blocks and Historical Context

According to Shaban’s chart, a bearish order block formed after ADA surged to $0.79 on March 4, 2024. The block, established between the $0.58 and $0.62 levels, led to a decline, with the price eventually interacting with a bullish order block and demand zone. This move saw ADA fall to $0.27 by August 4, 2024.

Screenshot 2025 07 03T103519185
Cardano Price Prediction

However, the same demand zone, combined with a fair value gap, served as a launchpad for ADA in November 2024. From a low of $0.32, the price surged dramatically, breaking past the previous bearish order block and reaching nearly $1.32 by December 2, 2024, before facing resistance.

Current Price Action Targets Bearish Order Block

Currently, after sweeping liquidity below the $0.51 mark, ADA appears to be making another move toward the existing bearish order block. Shaban suggests that this could catalyze a renewed bullish wave. His outlook has become increasingly optimistic, pointing to a potential short-term advance toward $0.61 and $0.76.

In the longer term, Shaban identifies targets for a bull run at $0.93, $1.05, and $1.33 — the same level at which the bearish order block materialized. If ADA were to climb from its current level of $0.60 to $1.33, this would represent a 121.67% increase.

Network Activity Reinforces Bullish Momentum

Amid Shaban’s prediction, data from IntoTheBlock presents a compelling long-term outlook on Cardano’s network strength, with a notable resurgence in Daily Active Addresses (DAA). This is a key on-chain metric for measuring demand and user engagement. Over the past 7 days, active address activity has increased by 11.99%, indicating a clear uptick in user participation.

Screenshot 2025 07 03T103425258
Cardano Daily Active Addresses

This growth is further supported by a 4.79% rise in new addresses, signaling fresh adoption, and a 12.26% increase in zero-balance addresses, which often reflects previously inactive holders re-engaging with the network.

These on-chain shifts point to more than just temporary hype—they indicate organic, synchronized user activity across both new and existing wallets. Such behavior typically reflects strengthening network utility and growing investor interest.

Team Says Shiba Inu Is Deploying, Not Dreaming After Upgrading SHIB: The Metaverse Project

Lele Jima
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0
Team Says Shiba Inu Is Deploying, Not Dreaming After Upgrading SHIB: The Metaverse Project

The Shiba Inu ecosystem team has introduced a new upgrade for SHIB: The Metaverse, which supercharges its performance and eliminates lags and crashes. 

In a post on X, Shiba Inu’s official X account stated that the ecosystem’s metaverse project is evolving following its latest upgrade.

According to the post, the upgrade offers faster loading times, maintains zero perceptible downgrade in visuals, and eliminates stutter. Following the upgrade, the team confirmed that Shiba Inu is not dreaming but deploying. This emphasizes Shiba Inu’s effort to implement real updates rather than merely fantasizing about its vision.

Technical Details of the Optimization

Notably, the team provided explicit details about the recently introduced upgrade. According to the post, the upgrade was implemented across three major hubs of SHIB: The Metaverse, such as Bark Park, Tech Trench, and Shib Station.

All three hubs received optimization patches that eliminated crashes, long load times, and performance lag. First, the team revisited the metaverse’s GPU drawing board to ascertain the cause of the lags and crashes.

After spotting the inefficiencies, it resized more than 200 texture assets, changing their sizes from 512×512 to 2048×2048. It also merged redundant texture maps to get reduced material complexity.

Moreover, the team said it standardized materials to reduce shader bloat, which typically consumes more GPU resources. Furthermore, it also applied smarter mip-streaming for smoother traversal, ensuring that higher resolution textures are only used where they are most impactful.

The Result

After these modifications, the team claims that GPU memory usage declined by 15-25%, resulting in smoother gameplay on both mid-range and low-end machines.

Amid the modification, the team noted that there was no evident decline in visual quality during gameplay.

In addition, users can now gain faster access to hubs such as Tech Trench, Bark Park, and Shibuya Station, as the latest upgrade has drastically reduced their load times.

“No more crashes mid-walkthrough. No more stuttering at spawn points. Just smooth, optimized metaverse exploration,” the official metaverse account wrote.

Furthermore, the ecosystem team hinted at plans to introduce more upgrades in the future. It referred to the performance optimization upgrade as one of the first it plans to roll out.

Recall that the Shiba Inu ecosystem team opened early access to the metaverse project in December 2024. Users can access the metaverse on Windows PCs and web browsers like Chrome.

The team is building a mobile application for SHIB: The Metaverse. Plans are also underway to launch a fishing game within SHIB: The Metaverse, which would eventually lay the foundation for the project’s in-game economy. In the meantime, the team has yet to announce the launch date of the mini fishing game.

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