The Merkle News

Welcome to The Merkle! Established in June 2014, we aim to provide you with the most recent updates on Crypto, Finance, Infosec, and Technology. Our mission is to create engaging and informative content, serving as a reliable source for anyone wanting to stay informed about these subjects.

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Solana Breaks $140 as Memecoin Market Lights Up with Mixed Momentum » The Merkle News

2 days ago | themerkle.com | Will Izuchukwu

Once again, Solana has laid claim to a spot above $140. This is a significant level because it has historically been a key psychological barrier that drives speculative trading activity in not just Solana, but in the crypto ecosystem as a whole. Right on cue, this is spilling over into the memecoin market, which is now, as ever, responding with characteristic volatility—some tokens now soaring, others crashing under the weight of piling-up sell pressure.
MANTRA Chain Announces 300M $OM Token Burn Amid Price Rebound and Investor Losses » The Merkle News

2 days ago | themerkle.com | Will Izuchukwu

In a bold move that’s turning heads across the crypto landscape, MANTRA Chain has declared a major token burn initiative involving a staggering 300 million $OM tokens—valued at over $172 million. The decision, spearheaded by CEO and founder John Patrick Mullin, is one of the most aggressive deflationary actions in recent memory and signals a serious commitment to long-term tokenomics and community trust.
Bitget Faces Community Uproar Over VOXEL Contract Incident: Retail Traders Cry Foul » The Merkle News

2 days ago | themerkle.com | Will Izuchukwu

Bitget, one of the major players in the centralized exchange (CEX) world, finds itself under scrutiny following a significant trading incident involving its VOXEL/USDT perpetual contract. This event, which took place on April 20, has sparked considerable anger among retail users, who are now accusing the exchange of unprofessionally managing the incident and scapegoating traders.
Bitcoin Eyes $90K as On-Chain Activity Surges Among Small Wallets » The Merkle News

2 days ago | themerkle.com | Will Izuchukwu

Bitcoin is once more heading toward the much-anticipated $90,000 milestone. This has totally spurred on the long-brewing bullish sentiment across the crypto market and has caused some folks to ponder what might be the next big thing after the recent period of consolidation and sideways movement. Market arrangement, basis of costs clusters, and transaction patterns hint that if Bitcoin manages to push past current barrier levels, it could shoot straight up before hitting serious selling pressure.
Solana Surges Ahead as Ethereum Fees Hit Four-Year Lows » The Merkle News

4 days ago | themerkle.com | Will Izuchukwu

In a surprising turn of events for blockchain ecosystems, the transaction fees associated with the Ethereum network have fallen to their lowest point in nearly four years. Presently, the average cost per transaction on the Ethereum network has sunk to around $0.168—figures we haven’t observed since 2020.
Bitcoin Whales Lead Accumulation While Mid-Sized Holders Signal Sentiment Shift » The Merkle News

4 days ago | themerkle.com | Will Izuchukwu

The crypto market is moving through a recalibration phase following a spell of heightened activity in late 2024. Time on the clock is beginning to tell, and what on-chain data is starting to show is that investor behavior may be changing in a fundamental way—possibly even a pivotal way. As always, Bitcoin is at the heart of this transformation. If on-chain metrics can be termed strategic indicators for larger markets, then what is happening in the Bitcoin space is extremely revealing.
Stablecoins Take the Lead in April’s Real Crypto Value Transfers » The Merkle News

4 days ago | themerkle.com | Will Izuchukwu

As the crypto market grows, knowing which assets are genuinely driving value becomes increasingly vital and doesn’t merely involve following price charts. By April 2025, on-chain transfer volumes (cleaned of spam, wash trades, and other non-economic activities) tell a clear story: stablecoins rule, with USDT and USDC leading the way. Yet blockchain-native assets are also enjoying a healthy value movement, with ETH and SOL steadying the ship.
Maple Finance Hits New All-Time High with $1B TVL, Marking a Major Comeback » The Merkle News

4 days ago | themerkle.com | Will Izuchukwu

In an amazing turn of events, Maple Finance has accomplished a new all-time high (ATH) of $1 billion in Total Value Locked (TVL), blowing past its former peak established in 2022. This not only shows how much the platform itself has exploded in growth, but it really highlights the resilience of the crypto lending sector and the overall innovation happening within it.
Abstract Chain Sees Explosive Growth in Active Addresses as Gaming and New Launches Drive User Engagement » The Merkle News

4 days ago | themerkle.com | Will Izuchukwu

User activity is soaring on Abstract Chain, the up-and-coming blockchain network, in the first half of April. The number of active addresses on the platform has surged, doubled almost, even, hitting a milestone this week that saw Abstract Chain reach a figure of 105,000 active addresses. For comparison’s sake, that figure is nearly twice the number thrown around in the weeks leading up to this one. User engagement has risen exponentially. This is an undeniable fact.
EigenLayer Hits Major Milestone with Launch of Slashing on Mainnet, Solidifying Its Role as Ethereum's Trust Layer " The Merkle News

4 days ago | themerkle.com | Will Izuchukwu

A big step forward for Ethereum, EigenLayer has now launched slashing on Mainnet, meaning the security model is complete. This is a long-awaited upgrade. It is more than a just technical enhancement; it establishes EigenLayer as the backbone of “Verifiable Cloud.” From here on out, applications and services built atop EigenLayer will be able to make reliable, enforceable commitments.