Condividi questo articolo
BIT Token Surges to Weekly High Following $200M BitDAO Ecosystem Fund Proposal
BIT jumped 5% over the weekend, outperforming both ETH and BTC, following the proposal from layer 2 network, Mantle.
BitDAO’s governance token BIT has maintained its price following a weekend surge that occurred after Mantle, a layer 2 network compatible with the Ethereum Virtual Machine (EVM), submitted a proposal on Sunday to introduce a $200 million ecosystem fund to the BitDAO community.
BitDAO, one of the world’s largest decentralized autonomous organizations (DAO), saw its token jump from about 55 cents on Saturday to abut 60 cents on Sunday, a gain of roughly 5%, according to TradingView data. The rise pushed BIT ahead of bitcoin and ether as one of the weekend’s best performers.
STORY CONTINUES BELOW
Non perderti un'altra storia.Iscriviti alla Newsletter Crypto Daybook Americas oggi. Vedi tutte le newsletter
In the past 24 hours, the token has continued its uptrend, trading at $0.6120 at the time of publication — its highest price in a week.
BitDAO’s fund aims to pour money into more than 100 early-stage investment projects building on the Mantle Network over the next three years. The fund is part of a larger strategy to incentivize developers to build on the modulated layer 2 network and drive its wider adoption.
At $200 million, the fund is double the size of prolific decentralized exchange Polygon’s $100 million fund that was announced last spring and is larger than Injective’s decentralized finance (DeFi) adoption fund, launched in January.
BitDAO has performed well in recent weeks after taking a hit during the unraveling of centralized cryptocurrency exchange, FTX. The token plunged 20% in November, prompting fears that Sam Bankman-Fried’s now-defunct Alameda Research had been quietly liquidating its BIT supply in violation of BitDAO’s agreement with the quant crypto trading firm.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
What to know:
- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
Top Stories
