Editor's PiCK

[Today's Globally Trending Coins] Kaito, Solana, OpenSea, and More

JOON HYOUNG LEE

Summary

  • Kaito drew market attention with news of a $2.2 million token supply from Humanity Protocol.
  • Solana saw its online mentions increase following reports of an additional $4.7 million buy by Sol Strategy and an investment in DeFi Development.
  • LayerEdge has captured investor interest after being added to Binance Alpha, highlighting that such a listing does not automatically result in a general Binance listing.

According to Token Mindshare—the metric quantifying the influence of particular tokens in the virtual asset market—by the AI-powered web3 search platform Kaito, as of the 30th, the five most-watched virtual assets are Kaito (KAITO), Solana (SOL), OpenSea (SEA), AIXBT (AIXBT), and LayerEdge (EDGEN).

Kaito drew attention when Humanity Protocol, a decentralized identity authentication platform, announced the previous day (29th) that it would supply $2.2 million worth of its native tokens to the Kaito AI ecosystem. Humanity Protocol is a major competitor to Worldcoin (WLF), led by Sam Altman, CEO of OpenAI, and about 0.2% of the total token supply will be provided to the Kaito ecosystem in this round. As of the afternoon of the same day, Kaito was trading in the high $2.2 range on CoinMarketCap, up approximately 3.6% from the previous day.

Solana drew notice as Canada-based investment firm Sol Strategy made an additional purchase of $4.7 million worth of Solana. Sol Strategy is aggressively acquiring Solana as part of its reserves. The news that Pantera Capital, a virtual asset investment firm, recently invested in DeFi Development—which has adopted Solana as a strategic reserve asset—also appears to have contributed to increased online mentions of Solana. In addition, Cooking City, a Solana-based token issuing platform, attracted a new investment of $7 million on the same day.

OpenSea has also seen a surge in online mentions ahead of its Token Generation Event (TGE). OpenSea is the number one marketplace in the NFT sector. Adam Hollander, OpenSea’s Chief Marketing Officer (CMO), said, “Several core features and platform innovations must be achieved prior to the launch of our native token,” and added, “We will proceed with the TGE after ensuring utility and sustainability.” According to Hollander, the TGE schedule for OpenSea’s own token has not yet been finalized.

AIXBT has attracted attention recently along with the growing strength of AI agent-based tokens in the virtual asset market. AIXBT is the flagship AI agent for Virtual Protocol (VIRTUAL) and was launched at the end of last year. As of the afternoon, AIXBT was trading at around $0.22 on CoinMarketCap, down approximately 2.9% from the previous day, but up about 6.4% from a week ago.

LayerEdge has drawn investors’ attention by being added to Binance Alpha on this day. According to Binance announcements, LayerEdge’s Binance Alpha listing date is set for the 2nd of next month (local time). LayerEdge is a project based on a decentralized network. Binance selects tokens for Binance Alpha among early-stage virtual asset projects, taking into account market trends, etc. A Binance Alpha listing does not automatically lead to a regular Binance listing.

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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