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Market Position (Nascent and Developing): Recent Launch: RDAC Coin only recently launched and was listed on several exchanges (like Bitget, MEXC, LBank, and featured on Binance Alpha) around mid-May 2025. Current Market Data: Its price is currently fluctuating, as is typical for new tokens. Recent data from platforms like CoinGecko and CoinMarketCap shows a price in the range of approximately $0.016 to $0.017. Market capitalization is estimated to be around $16-$17 million, based on a self-reported circulating supply of 1 billion tokens (which is also its total and maximum supply). However, clarity on the actual circulating supply versus vested tokens is still important for precise market cap assessment. Trading volume indicates initial interest, driven by recent listings and promotional activities like airdrops. Accessibility: It's an ERC-20 token available on the Base mainnet. Potential (Ambitious but Dependent on Execution): Core Concept: RDAC aims to power the "Redacted" ecosystem, designed to accelerate Web3 startups. This ecosystem plans to include a diverse range of products spanning DeFi, AI, trading tools, payment solutions, and NFT finance. Utility: The RDAC token is intended for use within this ecosystem for transactions, staking (to earn rewards, fee discounts, and early access to projects), governance, and potentially receiving airdrops from incubated projects. Backing and Team: The project has reported notable backers, including Spartan Group, Animoca Brands, and Polygon Ventures, and has raised $10 million. This provides a degree of credibility. Tokenomics: With a total supply of 1 billion tokens, Redacted plans to use revenue from its platforms for token buybacks and burns, which could positively impact token value if the ecosystem generates substantial revenue. Growth Areas: If Redacted successfully develops and integrates its planned 14+ products and they gain user adoption, the RDAC token could see significant utility and demand. The focus on accelerating other Web3 projects could position RDAC within a growing industry. Partnerships, such as its connection to Mocaverse (Redacted is a Mocaverse Partner), could expand its reach. Key Considerations and Challenges: New Project Risk: As a very new coin, it carries higher risk and is likely to experience volatility. Execution is Key: The ambitious vision of building a large, multi-faceted ecosystem requires strong execution and the ability to deliver functional, adopted products. Competition: The Web3 space is competitive, with many projects vying for users and capital. Market Conditions: Broader cryptocurrency market trends will also influence RDAC's performance. In summary: RDAC Coin is in the very early stages of establishing its market position. Its potential is tied to the Redacted team's ability to deliver on its comprehensive Web3 ecosystem vision and gain traction for its products and the RDAC token. The backing from known entities in the crypto space is a positive sign, but investors should be mindful of the risks associated with new digital assets. I recently provided a detailed overview of RDAC coin's market position and potential. The situation for such a new coin can evolve, but the core aspects remain consistent with the information shared a short while ago. To reiterate concisely: Market Position (as of late May 2025): New Entrant: RDAC coin is very new to the market, having launched and been listed on several exchanges (like Binance Alpha, Bitget, MEXC, CoinEx) around mid-May 2025. High Volatility: As expected with new listings and airdrop campaigns, its price has been highly volatile. It has experienced an initial peak and subsequent correction. Market Cap Ambiguity: There's still some inconsistency across data aggregators regarding its precise circulating supply and, consequently, its market capitalization. Figures have ranged from a few million (based on a self-reported circulating supply of around 168.5 million tokens) to over $20-50 million (often calculated using the total supply of 1 billion tokens, representing a fully diluted value). This is common for tokens in their initial trading days. Trading Volume: Initial trading volumes have been significant, indicating early interest driven by listings and promotions. Exchanges: It's accessible on several centralized exchanges, providing initial liquidity. Potential: Ambitious Vision: RDAC aims to power the "Redacted" ecosystem, a Web3 startup accelerator designed to launch and sustain a suite of revenue-generating products across DeFi, AI, Trading, Payments, and NFTFi (over 15 products mentioned). Strong Backers: The project has reportedly raised $10 million and is backed by notable names in the venture capital space, including Spartan Group, Animoca Brands, and Polygon Ventures, which lends credibility. Utility-Driven Tokenomics: The RDAC token is designed for multiple utilities within the ecosystem, such as staking for rewards (fee discounts, airdrops from incubated projects), early access to products, and potential buybacks/burns from platform revenue. Community Building: Active airdrop campaigns and exchange listings have aimed to build an initial community and user base. Growth Areas: If Redacted successfully develops and integrates its planned suite of products and they gain traction, the RDAC token could see increased demand and utility. The focus on revenue generation and value accrual mechanisms (like buybacks) is a positive sign if executed effectively. The growth of the broader Web3 industry could create opportunities for accelerators like Redacted. Key Challenges and Risks: Execution Risk: Delivering on its extensive roadmap of over 15 products is a significant challenge. Competition: The Web3 space is crowded, and RDAC will face competition from other ecosystems and accelerator projects. Market Sentiment: Like all cryptocurrencies, RDAC's performance will be influenced by broader market trends. Sustainability: Achieving long-term sustainability for its ecosystem and token value will depend on the actual adoption and revenue generation of its products. Nascent Stage Risks: Investing in such a new project carries inherent risks associated with early-stage ventures. In summary, RDAC coin has a potentially promising concept and strong backing, but its market position is still nascent and highly speculative. Its future success will heavily depend on the team's ability to execute its ambitious vision and gain meaningful adoption for its ecosystem. Do you have any specific aspects of its market position or potential that you'd like me to elaborate on further? RDAC

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Solana Labs spinout Anza proposes Alpenglow, 'the biggest change to Solana’s core protocol'

Sei Labs releases Sei Giga whitepaper, intends to become an EVM L1 blockchain supporting multiple proposers According to the official announcement, Sei Labs released the Sei Giga white paper, describing the path for the Sei chain to become a Layer 1 Ethereum Virtual Machine (EVM) that supports multiple proposers. The solution adopts a parallel block proposal architecture, and its main technical features include: 5 Ggas throughput, 200,000 TPS processing capacity, 400 millisecond transaction final confirmation time, and a newly developed EVM execution client. In terms of technical architecture, Sei Giga achieves performance breakthroughs through an asynchronous state submission mechanism and the Autobahn consensus protocol. While maintaining compatibility with Ethereum smart contracts, it claims to increase throughput by 50 times compared to traditional solutions. Project co-founder Jay Jog said that the design is designed to meet the needs of Web3 applications for high-performance underlying facilities, and the core development stage has been completed.

$LAYER We expect news of the result soon. Source: Solayer The industry summit SVM Summit 2025 hosted by Solayer will be held on May 21st at the grand Marriott Marquis in Times Square, New York City. The event, co-hosted by Yala and Sonic SVM, with the support of the Solana Foundation, is expected to bring together over 1000 developers, investors, and institutional representatives from around the world to explore the future of on-chain finance. This summit will feature in-depth discussions on the evolution of DeFi, Bitcoin's expansion on SVM, PayFi, on-chain security, and AI. Confirmed attendees include key members from Citigroup, Solana Foundation, Kamino Finance, HackVC, and other leading projects in the industry. As a Layer 1 solution capable of processing millions of transactions per second with hardware acceleration, InfiniSVM is the core achievement of Solayer. The summit will offer attendees the first hands-on experience to showcase the technological breakthrough of next-generation financial infrastructure. From the convergence of TradFi and DeFi to the most authentic GTM marketing practical experience in the crypto industry, SVM Summit 2025 will bring the cutting-edge industry insights to guide the future direction of on-chain finance. Event Information: Marriott Marquis in Times Square, New York City, 1535 Broadway Wednesday, May 21, 2025 1:00 PM – 6:00 PM EDT $BTC $ETH $XRP $PI $BGB $W $ALCH $TUT