News
2 Jun 2026, 06:35
Injective Proposes Vulcan Mainnet Upgrade for June 4, Targeting 90% Reduction in Oracle Gas Fees

BitcoinWorld Injective Proposes Vulcan Mainnet Upgrade for June 4, Targeting 90% Reduction in Oracle Gas Fees Injective (INJ) has put forward a governance proposal for its Vulcan mainnet upgrade, now in the voting phase, with the network upgrade (version 1.20.0) scheduled for June 4. The update is designed to introduce a next-generation oracle engine that promises to reduce oracle gas fees by 90% while integrating Pyth Pro and SEDA oracles. What the Vulcan Upgrade Brings The Vulcan upgrade focuses on enhancing the efficiency and cost-effectiveness of Injective’s oracle infrastructure. By slashing oracle gas fees by an estimated 90%, the update aims to lower operational costs for developers and users relying on price feeds and external data. The new engine will natively support Pyth Pro and SEDA oracles, two leading decentralized oracle networks known for high-frequency data and cross-chain compatibility. Additionally, the upgrade introduces a precompile feature that provides integrated oracle functionality directly to Ethereum Virtual Machine (EVM) smart contracts. This means developers building on Injective’s EVM-compatible layer can access real-time oracle data without complex middleware, streamlining dApp development and improving performance. Implications for the Injective Ecosystem If approved by INJ token holders, the Vulcan upgrade could significantly reduce transaction costs for DeFi applications, derivatives markets, and cross-chain bridges on Injective. Lower gas fees are expected to attract more developers and users, particularly in high-frequency trading and lending protocols where oracle updates are frequent. The integration of Pyth Pro and SEDA also strengthens Injective’s position as a blockchain optimized for financial applications. Pyth Pro offers sub-second price updates from institutional-grade sources, while SEDA provides customizable data feeds for various asset classes. Together, they expand the range of reliable data available to smart contracts. Governance and Timeline The proposal is currently live and open for voting by INJ stakers. If passed, the upgrade will be activated on June 4, 2025, at a specific block height to be announced. Users and node operators will need to update their software to version 1.20.0 ahead of the scheduled fork. No chain downtime is expected, though users should be aware of the upgrade window. Why This Matters Oracle costs have long been a bottleneck for blockchain networks, especially those supporting complex financial products. By addressing this issue head-on, Injective is positioning itself as a more scalable and developer-friendly platform. The Vulcan upgrade also highlights a broader trend in the crypto space: optimizing infrastructure to support real-world financial use cases at lower cost. For INJ holders and ecosystem participants, the vote represents a strategic decision on the network’s future direction. A successful upgrade could enhance Injective’s competitiveness against other Layer 1 and Layer 2 networks focused on DeFi. Conclusion Injective’s Vulcan mainnet upgrade proposal marks a significant step toward reducing oracle-related costs and improving developer experience. With a 90% reduction in gas fees, integration of leading oracle providers, and native EVM support, the upgrade could strengthen the network’s utility for decentralized finance. The outcome of the governance vote will determine whether these improvements go live on June 4. FAQs Q1: What is the Vulcan upgrade on Injective? The Vulcan upgrade (v1.20.0) is a proposed mainnet update that introduces a new oracle engine, reduces oracle gas fees by 90%, and integrates Pyth Pro and SEDA oracles. It also adds a precompile for EVM smart contracts to access oracle data directly. Q2: When is the Vulcan upgrade scheduled? The upgrade is proposed for June 4, 2025, pending approval by INJ token holders through a governance vote. Q3: How will the Vulcan upgrade affect INJ gas fees? The upgrade is designed to cut oracle gas fees by approximately 90%, lowering costs for developers and users who rely on price feeds and external data for their transactions and smart contracts. This post Injective Proposes Vulcan Mainnet Upgrade for June 4, Targeting 90% Reduction in Oracle Gas Fees first appeared on BitcoinWorld .
2 Jun 2026, 05:50
Robinhood, MetaMask, and Solana Back New On-Chain Finance Standard to Break Crypto Silos

BitcoinWorld Robinhood, MetaMask, and Solana Back New On-Chain Finance Standard to Break Crypto Silos Major financial platforms including Robinhood, MetaMask, and eToro have joined the Fireblocks-led Open Transaction Layer (OTL) project, a consortium aimed at creating a unified standard for on-chain financial infrastructure. The initiative, first reported by Financefeeds, seeks to solve a persistent problem in digital asset markets: the fragmentation of systems that forces institutions to build costly, bespoke integrations to interact with one another. What is the Open Transaction Layer? OTL is described as an integrated standard layer designed to overcome the ‘silo’ effect, where on-chain financial infrastructure operates in isolation across different institutions. The protocol will standardize three critical functions: identity verification, regulatory compliance checks, and transaction messaging. By creating a common language for these operations, OTL aims to enable institutions, individual wallets, and even AI agents to interact securely without needing complex, custom-built connections. The consortium currently includes a diverse set of payment and trading platforms such as MoonPay and SoFi, alongside major blockchain foundations like Solana, Stellar, and Polygon. The inclusion of Solana is particularly notable given its focus on high-speed, low-cost transactions, which could benefit from standardized compliance layers for broader institutional adoption. Why This Matters for Crypto Adoption The ‘silo problem’ has been a significant barrier to mainstream financial integration with blockchain technology. Each platform often develops its own compliance, identity, and messaging systems, making cross-platform transactions cumbersome and expensive. A standardized layer like OTL could reduce friction, lower costs, and improve security by providing a shared, auditable framework. For retail users, this could eventually mean smoother experiences when moving assets between platforms like Robinhood and MetaMask, or when interacting with decentralized applications that require identity verification. For institutions, it offers a pathway to comply with regulations like Anti-Money Laundering (AML) and Know Your Customer (KYC) without sacrificing the benefits of decentralized finance. Industry Implications and Next Steps The involvement of Fireblocks, a leading digital asset custody and settlement provider, adds credibility to the initiative. Fireblocks already secures over $6 trillion in digital asset transfers, giving the OTL project a strong foundation in security and enterprise-grade infrastructure. The addition of major consumer platforms like Robinhood and eToro signals that the standard is designed to bridge the gap between traditional finance and crypto-native applications. While the project is still in its early stages, the formation of such a broad consortium suggests growing industry consensus that interoperability standards are necessary for the next phase of growth. The coming months will likely see technical specifications and pilot implementations as the group works toward a production-ready protocol. Conclusion The Open Transaction Layer represents a pragmatic step toward making on-chain finance more accessible and compliant. By bringing together consumer platforms, infrastructure providers, and blockchain foundations, the initiative aims to reduce fragmentation and build the plumbing needed for mainstream adoption. For now, the market will watch for concrete technical releases and integration timelines from the consortium members. FAQs Q1: What is the Open Transaction Layer (OTL)? OTL is a standard protocol led by Fireblocks that aims to unify identity verification, compliance checks, and transaction messaging across different on-chain financial platforms, allowing them to interact without custom integrations. Q2: Which major companies have joined the OTL consortium? Members include Robinhood, MetaMask, eToro, MoonPay, SoFi, and blockchain foundations such as Solana, Stellar, and Polygon. Q3: How does OTL benefit regular crypto users? By standardizing compliance and identity processes, OTL could enable smoother and more secure transactions between different platforms, reducing the complexity and cost of moving assets across the ecosystem. This post Robinhood, MetaMask, and Solana Back New On-Chain Finance Standard to Break Crypto Silos first appeared on BitcoinWorld .
2 Jun 2026, 04:50
Citi Projects Tokenization Market Could Hit $5.5 Trillion by 2030, Driven by Treasury and Equity Markets

BitcoinWorld Citi Projects Tokenization Market Could Hit $5.5 Trillion by 2030, Driven by Treasury and Equity Markets Global bank Citi has released a new analysis forecasting that the tokenization market — the process of representing real-world assets as digital tokens on a blockchain — could grow to approximately $5.5 trillion by the year 2030. The projection, first reported by CoinDesk, highlights the accelerating institutional interest in digitizing traditional financial instruments. Forecast Range and Key Drivers Citi’s analysis suggests the market size could vary significantly based on adoption rates, with a base case of $5.5 trillion. However, the bank’s model also accounts for a lower bound of $2.7 trillion and an upper bound of $8.2 trillion. This wide range reflects the nascent stage of the industry and the uncertainty around regulatory frameworks and infrastructure development. The primary drivers identified include efficiency gains in settlement and clearing, reduced operational costs, and the potential for fractional ownership of traditionally illiquid assets. The report specifically points to the potential for tokenization to democratize access to high-value markets. Tokenization of US Treasuries and Equities In a notable detail, Citi expects that by 2030, approximately 10% of the U.S. Treasury market and 3% of the U.S. stock market could be tokenized. This would represent a significant shift in how these core asset classes are issued, traded, and settled. The U.S. Treasury market alone is valued at over $26 trillion, making even a 10% tokenization a multi-trillion-dollar opportunity. Several major financial institutions, including BlackRock and JPMorgan, have already launched tokenization pilots or products, signaling that the trend is moving beyond experimental phases into live production environments. The tokenization of money market funds and private credit has also gained momentum. Why This Matters for Investors and Markets For investors, tokenization promises faster settlement times, 24/7 trading capabilities, and the ability to trade in smaller increments. For the broader financial system, it could reduce counterparty risk and improve transparency. However, challenges remain, including the need for standardized legal frameworks, interoperability between different blockchain networks, and robust custody solutions. The Citi report adds to a growing body of research from major banks and consulting firms that see tokenization as a transformative force in finance, rather than a passing trend. It reinforces the view that blockchain technology is finding its most compelling use case in the back-office operations of traditional finance. Conclusion Citi’s forecast of a $5.5 trillion tokenization market by 2030 underscores the growing conviction among institutional players that digital asset infrastructure will fundamentally reshape capital markets. While the path to adoption is not without hurdles, the projected figures suggest a major shift is underway, with U.S. Treasuries and equities leading the charge. The coming years will be critical in determining whether the market reaches the upper or lower bounds of Citi’s range. FAQs Q1: What is asset tokenization? Asset tokenization is the process of issuing a digital token on a blockchain that represents ownership or a claim on a real-world asset, such as a bond, stock, real estate, or commodity. It allows for fractional ownership and more efficient trading. Q2: Why is Citi’s forecast significant? Citi is one of the world’s largest financial institutions, and its public forecast signals that tokenization is moving from a niche technology to a mainstream financial trend. The projected $5.5 trillion figure is one of the highest estimates from a major bank. Q3: What are the main obstacles to tokenization adoption? Key obstacles include unclear or inconsistent regulations across jurisdictions, lack of standardized technical protocols, concerns about custody and security, and the need for integration with existing financial systems. This post Citi Projects Tokenization Market Could Hit $5.5 Trillion by 2030, Driven by Treasury and Equity Markets first appeared on BitcoinWorld .
2 Jun 2026, 04:29
Crypto rally today: Why Humanity, Near Protocol, Worldcoin are pumping

A crypto rally is happening among AI tokens today, as investors cheer the latest Anthropic IPO application and Nvidia news. Humanity token jumped by 27% in the last 24 hours, while Worldcoin (WORLD) and Near Protocol (NEAR) soared by over 10% in the same period. Near Protocol, Worldcoin, and Humanity tokens are pumping | Source: TradingView Humanity, Near Protocol, Worldcoin rally after Anthropic IPO filing The ongoing AI coin rally is happening in a difficult day for the crypto market as Bitcoin and most altcons have slumped. Bitcoin price dropped below $73,000 as ETF outflows continued. Ethereum is also positioned below the important support level at $2,000. Consequently, the market capitalization of all tokens dropped by over 2.6%. Humanity, Worldcoin, and Near Protocol tokens are rising in a high-volume environment as investors position themselves for the upcoming IPOs that will be valued at over $4 trillion. The first one will be the upcoming SpaceX IPO, which happens mid-month. According to Bloomberg, the company reduced its target to $1.7 trillion from the previous $2 trillion. Still, Polymarket traders believe that the company will attain a $2 trillion valuation after its IPO as retail investors pile in. SpaceX is seen as both a space and AI IPO because of its business. While most of its revenue comes from Starlink, the company also owns xAI, the parent company of Grok, a popular AI chatbot. Anthropic filed its IPO filing on Monday, a few days after it concluded its fundraising that valued it at over $900 billion . This fundraising means that it will be the fastest company to hit a $1 trillion valuation since it was started a few years ago. It took companies like Google and Apple decades to cross that milestone. OpenAI has already filed its IPO papers, and traders believe that its valuation will eventually cross the $1 trillion mark despite its slowing business . AI theme is doing well Therefore, Humanity, Near Protocol, and Worldcoin tokens are rising today as the artificial intelligence hype accelerates. Humanity and Worldcoin are considered AI tokens because their services help to verify humans. This feature will see high demand in the coming years, now that AI agents are booming. Website and application operators will want to know that there are human beings behind key transactions. Worldcoin is also associated with Sam Altman, its founder. Near Protocol, on the other hand, is at the confluence of key areas, including privacy, artificial intelligence, and layer-1. Near.com offers a service that makes it possible for users to handle multi-chain transactions in a private way. Near AI, on the other hand, offers a top AI agent marketplace. These features have led to more demand among investors. For example, Near Protocol’s volume surged to over $1 billion in the last 24 hours. Humanity Protocol and Worldcoin had over $743 million and $834 million in volume. Also, their futures open interest continued soaring. Another main reason behind the surge is that Nvidia has made some notable announcements this week, signaling that the AI boom was alive and well. For example, it launched its new AI chips for Windows, an industry it believes will be worth over $200 billion in the long term. All these events have led to a surge in demand for AI coins and stocks. The post Crypto rally today: Why Humanity, Near Protocol, Worldcoin are pumping appeared first on Invezz
2 Jun 2026, 04:00
Stellar (XLM) Tipped For Historic Breakout With $11 Price Calls: Analyst

A major traditional finance infrastructure provider has set its sights on the Stellar blockchain, and market watchers say the timing could not be more significant. The Depository Trust and Clearing Corporation, better known as the DTCC, announced plans to connect its tokenization platform to the Stellar network as part of a broader multi-chain strategy. The move is aimed at supporting tokenized representations of assets held within the traditional financial system. Related Reading: Bitcoin Faces Prolonged Downtrend Through 2027, Analyst Warns A Bounce Off Long-Term Support The announcement triggered one of XLM’s strongest price advances in months. That rally formed the monthly candle now visible at what analyst MikybullCrypto labels point E on a long-term chart structure he has been tracking across several market cycles. The chart maps a series of repeating highs and lows on the monthly timeframe dating back to 2017. Points B and D mark previous peaks near a horizontal resistance zone, while points A and C identify major lows along an ascending support trendline that has guided price action for years. $XLM is about to experience a mega breakout in history The upcoming altcoins season will be huge 🤯 The bull target price ranges between $5-$11 pic.twitter.com/v16PTNPZrJ — MikybullCrypto (@MikybullCrypto) May 31, 2026 Point E marks the latest successful test of that same support line. XLM has bounced from the trendline once again, staying within the broader structure that has defined its behavior across multiple cycles. The Setup Behind The Call MikybullCrypto, a widely followed crypto analyst, says the current positioning mirrors conditions that preceded strong rallies in the past. He is calling for a bull market target range of $5 to $11 for XLM, projecting that the upcoming altcoin season will be significant. The analyst expects a breakout above the long-standing resistance zone to serve as the next major technical milestone. A move above that level, according to his chart, would put XLM on a path toward substantially higher ground. What The Pattern Suggests The structure MikybullCrypto references has repeated itself across different market environments over roughly nine years. Each time XLM has tested the rising support line, a recovery followed — though the magnitude has varied. Bullish sentiment around XLM has been building in recent weeks. Reports indicate that separate analysts have pointed to the DTCC integration alongside the technical setup as factors strengthening the case for a larger move ahead. Related Reading: Could XRP Hit $10 This Bull Run? World’s Highest IQ Holder Thinks So XLM’s global search interest has also climbed to its highest level in three months, according to reports, suggesting growing retail attention toward the asset at the same time institutional blockchain activity is picking up. Featured image from Pexels, chart from TradingView
2 Jun 2026, 03:55
Whale Faces Potential $4.22M Loss on GRASS After One-Year Hold

BitcoinWorld Whale Faces Potential $4.22M Loss on GRASS After One-Year Hold An anonymous cryptocurrency whale is facing a potential realized loss of approximately $4.22 million on its GRASS token position after depositing a substantial amount to centralized exchanges. Onchain analytics platform Onchain Lens reported that a wallet address starting with BVtsAV moved 3.82 million GRASS tokens, valued at roughly $1.86 million at the time of transfer, to the exchanges Bybit and OKX. The Whale’s GRASS Position The whale originally acquired the GRASS tokens one year ago for a total of $6.08 million. The tokens were purchased from multiple sources, including the exchanges Gate.io, Bybit, and BitGo. The current market value of the deposited tokens is significantly lower than the initial acquisition cost, placing the whale in a position where a sale at prevailing market prices would result in a loss of over $4 million. Implications for the GRASS Market Large deposits to exchanges are often interpreted by market participants as a signal of intent to sell, which can create downward pressure on an asset’s price. While this specific whale’s actions do not necessarily indicate a broader trend, the movement of such a large volume of GRASS tokens is noteworthy for traders and analysts monitoring on-chain activity. The GRASS token, which is associated with a decentralized physical infrastructure network (DePIN) project, has experienced significant price volatility over the past year. Understanding the Loss The potential loss of $4.22 million represents a decline of approximately 69% from the whale’s initial investment. This stark figure highlights the high-risk nature of early-stage cryptocurrency investments, where price discovery and market sentiment can lead to substantial gains or severe drawdowns. The case also serves as a real-world example of how on-chain data provides transparency into large holder behavior, a key feature of public blockchain networks. Conclusion The deposit of 3.82 million GRASS tokens to Bybit and OKX by a long-term holder underscores the volatile reality of the cryptocurrency market. While the whale’s ultimate decision to sell or hold remains unknown, the on-chain data reveals a significant unrealized loss that has now moved closer to realization. For the broader market, such events are a reminder of the importance of tracking large wallet movements for potential price impact. FAQs Q1: What is GRASS? GRASS is the native token of a decentralized physical infrastructure network (DePIN) project that incentivizes users to share unused internet bandwidth for data scraping and AI model training. Q2: Why do large deposits to exchanges matter? Large deposits to exchanges are often seen as a precursor to selling, which can increase the available supply and potentially pressure the token’s price downward. Q3: Is the loss confirmed? No. The loss is estimated based on the current market value of GRASS at the time of the deposit. The whale may not have sold the tokens yet, and the final outcome depends on the price at which any sale is executed. This post Whale Faces Potential $4.22M Loss on GRASS After One-Year Hold first appeared on BitcoinWorld .












































