Ripple’s RLUSD stablecoin has gained momentum in decentralized finance (DeFi), attracting significant supply to Aave’s V3 Ethereum Core market, with a notable amount in loans taken. 

Daily top performer — Sui Network (SUI)

The S&P 500 gained 1.67% on easing trade tensions and Fed reassurance, but pared gains after tariff cut hopes were downplayed. Gold fell from its $3,500 high, signaling a bearish reversal. Key support lies near $3,167, with further downside possible. The Coindesk Indices, which tracks the broader crypto market, fell 0.53%, with Bitcoin and Ether up 2.19% and 5.92%, respectively, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is SUI, up 7.3%, following OVERTAKE's partnership with Sui to build a scalable and trustless game asset trading platform.

Sui Network (SUI), founded in 2022, is a Layer 1 blockchain by Mysten Labs, built to improve web3 scalability, speed, and security. It aims to reduce smart contract latency and support innovative NFT gaming, like Sui Monstar, with a developer-friendly environment. 

, efficient game asset trading platform. Leveraging Sui’s object-centric architecture, parallel execution, zkLogin, and modular infrastructure, OVERTAKE aims to enable trustless trading, verified in-game assets, and a real, on-chain game economy.

Check out the latest prices, charts, and data of 

 has gained momentum in decentralized finance (DeFi), attracting significant supply to Aave’s V3 Ethereum Core market, with a notable amount in loans taken. Initially slow, the stablecoin's growth has accelerated after its debut on Aave. RLUSD has a market cap close to $300 million and a supply cap, with borrowing limited to a specific amount. Ripple aims for RLUSD to become a top-five stablecoin by year-end. Ripple's collaboration with Chainlink enhances RLUSD’s utility across both institutional and DeFi applications.

Yesterday, BTC spot ETFs saw $273.8M in total inflows, all from non-GBTC funds.

, with 10% of MILK’s 1B supply allocated for eligible users—mPoint holders, oolitia NFT holders, and milkINIT testers. Opt-in is required for CEX claims; wallet claims need no action. Pre-deposits close April 26, 12 PM UTC.

Beginner

2.png

Ripple’s RLUSD stablecoin gains momentum with Aave integration and growing DeFi presence

VanEck’s BNB Spot ETF proposal could bring BNB to U.S. markets, expanding access and marking a key milestone for BNB Chain's growth in regulated finance.

After the US Securities and Exchange Commission (SEC) approved spot exchange-traded fund (ETF) products based on 

 (ETH) in 2024, a flurry of new altcoin ETF applications emerged in early 2025. Many prominent asset management firms are vying for the approval of their ETF products, based on coins like 

 (AVAX) and others. Even some smaller-cap meme coins, specifically Pudgy Penguins' 

, have joined the SEC's ETF waiting list.

Given that most top cryptos already have their ETF applications filed with the country's financial regulator, it's little surprise that BNB Chain's 

, the fifth-largest cryptocurrency by market capitalization, has joined the bandwagon. In late March 2025, the New York–based global investment management giant VanEck registered a trust entity named VanEck BNB ETF in the US state of Delaware. The registration is an early sign that the acclaimed investment manager is planning to lodge a BNB ETF application with the SEC.

If approved, it will be the first US-based BNB ETF product on the market, likely leading to significant growth within BNB Chain's already well-established ecosystem.

On Mar 31, 2025, one of the leading asset managers in the world, VanEck, registered a trust named VanEck BNB ETF in the US state of Delaware. This is the strongest imaginable indicator that the company plans to subsequently launch an application with the SEC for the ETF’s approval. If approved by the regulator, the product will be the first spot ETF in the US to track BNB coin. As of the time of this writing (Apr 23, 2025), VanEck hasn't formally applied with the SEC, but this step is likely imminent.

Following the SEC filing, BNB coin will join a long list of other leading cryptocurrencies whose spot ETF applications have been lodged with the US regulator. Over the past few months, the SEC has received spot ETF applications for Solana, 

The VanEck BNB Spot ETF will track BNB coin, allowing holders to invest in the asset without directly holding it. While BNB is among the most popular assets in the crypto market, many investors are eschewing it and other cryptocurrencies due to their unregulated nature. Upon approval, the ETF product would be available for trading on regulated stock exchanges.

The exact composition of a crypto ETF product is usually unknown before its application is filed with the SEC. Therefore, we can assume that at this stage the ETF will be based entirely upon tracking BNB coin. Any additional components, such as minor holdings of other assets such as cash equivalents, could theoretically be included, but this will only be known upon VanEck’s formal application to the SEC.

VanEck itself is among the leading ETF issuers in the finance industry and is a pioneer of crypto ETFs. The firm already offers approved 

, and has filed applications with the SEC for spot ETFs based on several other cryptocurrencies, including a 

Currently, there’s no ETF in the US based on the BNB coin. In that respect, VanEck’s registration is the first serious effort to introduce such a product. Internationally, there is one exchange-traded product (ETP) that tracks BNB — the 21Shares Binance BNB ETP (ABNB), listed on the Swiss Stock Exchange. This ETP is offered by 21Shares, a leading digital asset management firm based in Zurich, Switzerland.

. ETPs may be based on various assets, such as stocks, bonds, commodities or cryptocurrencies. However, ETFs often offer better liquidity, lower fees and greater tax efficiency than other types of ETPs.

In short, despite the presence of the ABNB ETP on the market, the BNB ETF landscape remains an empty niche, as the 21Shares product isn’t a full-fledged ETF and has no regulatory approval in the US.

Current impact of BNB ETF applications on the crypto market

VanEck’s BNB ETF application — or, to be precise, its registration in Delaware — has so far had no immediate impact on the coin’s market price. In fact, BNB coin is currently trading at $615.68, barely different from its price of $600 in the early days of April when news of the ETF’s registration first surfaced.

BNB is a major cryptocurrency featuring at least one billion dollars in daily trading volumes. The news of VanEck's initiative is unlikely to seriously affect BNB’s price. However, if the ETF ultimately gains approval from the SEC, such a development may have a significant positive impact on the crypto's future price.

What will it mean if a Spot BNB ETF application is approved?

If the SEC approves the Spot BNB ETF, it will likely lead to higher demand for BNB coin — as demand from investors for the product rises, VanEck will need to source more BNB to back its ETF shares. This increased demand would push the price of BNB higher. As noted above, BNB is one of the market's largest cryptos and features substantial trading volumes. Therefore, it's unlikely that a Spot BNB ETF would cause drastic rises in the coin’s price. However, a certain positive price effect is a safe bet, and the magnitude of the effect will be directly related to the popularity of the ETF among investors.

Additionally, the ETF will improve the visibility of the BNB ecosystem, potentially leading to more 

 (DApps) and projects launched on its blockchain.

If approved by the SEC, the Spot BNB ETF by VanEck would usher in a new era for the coin. For the first time ever, BNB as a financial asset would become available through the regulated environment of US stock exchanges. This would not only help support the coin’s price and expand the chain’s ecosystem, but would also be a major reputational gain for Binance, the world’s largest crypto exchange and the corporate entity behind BNB Chain.

Over the years, Binance has had its fair share of troubles and arguments with US regulators. A fully approved spot ETF based on Binance’s own coin would, therefore, send a signal to the crypto market that the major components of the Binance ecosystem — BNB crypto, BNB Chain’s blockchain and the Binance crypto exchange — aren’t as risky to deal with as some Americans may believe.

Intermediate

bnb etf.png

BNB Spot ETF: A new gateway as BNB Chain evolves

In this article, we explore liquid staking protocol StakeStone's key features, the STO token launch, tokenomics and how to trade STO on Bybit.

StakeStone (STO) is a next-gen omnichain liquidity infrastructure protocol designed to optimize yield and cross-chain liquidity. Its introduction of liquid yield-bearing versions of ETH and BTC — STONE and STONEBTC — enables users to earn sustainable yield while enhancing capital efficiency. This article explores StakeStone’s architecture, core assets, founding team, tokenomics and recent market performance.

 is a decentralized liquidity infrastructure protocol that issues liquid, 

-bearing assets like STONE (Ethereum) and STONEBTC (Bitcoin). Designed for omnichain integration, it empowers users and protocols with composable 

 solutions and efficient cross-chain liquidity.

Launched in 2024, StakeStone was built to address the fragmented and capital-inefficient nature of ETH and BTC staking by introducing secure, flexible and modular primitives. StakeStone’s mission is to maximize on-chain yield while ensuring deep liquidity across ecosystems.

StakeStone was founded in 2023 by a team of DeFi-native builders led by Charles K, a crypto veteran with over 10 years of experience in centralized exchanges (CEXs), hardware wallets and DeFi infrastructure The core team includes Rose Li, Chief Strategy Officer, and Ivan K, Chief Marketing Officer.

The project has secured funding from notable crypto funds, including Polychain Capital, Binance Labs, OKX Ventures, Amber Group, HashKey Capital and Bankless Ventures. These backers not only provide capital but also strategic ecosystem access — positioning StakeStone as a serious player in omnichain liquidity and yield infrastructure.

StakeStone converts ETH and BTC into liquid, yield-bearing assets — STONE (ETH) and STONEBTC (respectively) — through a modular and omnichain framework. When ETH is staked, it flows into the StakeStone Vault and is allocated to the Strategy Pool, and STONE is minted via the Minter.

Yield is generated through strategies such as:

Users can deploy STONE across chains via the 

 (LP) rewards, with optional LP locking for enhanced returns. SBTC is the liquid BTC asset mirroring Bitcoin’s value, with STONEBTC adding a yield layer to BTC and unlocking passive income without sacrificing liquidity.

StakeStone implements key security measures, including the following:

STONE (ETH): Omnichain yield-bearing asset

 derivative. It’s minted when users stake ETH, and is backed by underlying yield from stETH, EigenLayer restaking and additional DeFi strategies.

STONE supports seamless cross-chain bridging, enabling deployment across supported networks and STONE-Fi Pools for additional rewards. Users benefit from passive yield, cross-chain utility, governance participation and on-demand liquidity.

SBTC is a liquid Bitcoin asset that mirrors BTC’s value and enables seamless use within EVM-compatible chains. STONEBTC, on the other hand, enhances SBTC by adding a yield layer, empowering users to earn yield from BTC-based strategies while preserving liquidity.

 utility by unlocking native BTC liquidity and enabling new use cases, such as cross-chain lending and borrowing, LP participation in BTC-based DeFi pools and composable integration across multichain DeFi protocols.

Together, SBTC and STONEBTC aim to position Bitcoin as an active capital layer across Ethereum and beyond.

 of StakeStone, with a total supply of 1 billion. It underpins protocol governance via OPAP proposals, voting-escrowed STO (veSTO) staking and 

Emissions are set to taper gradually until 2031, aligning incentives with long-term ecosystem growth.

According to CoinGecko, as of Apr 24, 2025, 

with a market cap of over $25 million. The token has recently shown strong momentum, rallying 85.4% over the past two weeks. Furthermore, StakeStone’s value could benefit from various catalysts, such as the rise in demand for 

 the STOUSDT Perpetual futures contract in the Innovation Zone, with up to 20x leverage.

 a Bybit account, complete identity verification and fund your 

 using crypto deposits or fiat currencies. 

StakeStone STO.png

StakeStone (STO): Cross-chain liquid staking protocol

The MANTRA (OM) token’s wild crash on Apr 13, 2025, shocked the crypto world. Discover the causes, fallout, and what’s next in MANTRA’s road to recovery.

In the morning and daytime hours of Apr 13, 2025, the MANTRA blockchain's native token, OM, sat at a respectable market cap of $6 billion, making it the third-highest-ranked cryptocurrency in the 

 (RWA) category, the area the platform specializes in. Everything seemed like smooth sailing for the token.

Then, just after 6 PM UTC, the price of the OM token suddenly began to free-fall, declining from nearly $6 to about $0.50 in the space of just two hours.

A project that started the day as one of the top players in the RWA field was now worth 90% less as the evening approached. OM's abrupt, sharp crash immediately caught the market's attention, with speculation of a 

However, MANTRA's CEO, John Patrick Mullin, immediately sprang into action for PR damage control on social media, reassuring the public that the team members weren’t dumping OM tokens at all. Instead, MANTRA's founder and CEO alleged that deliberate actions of some 

 (CEXs) had caused the catastrophic plunge.

As of our coverage date of Apr 23, 2025, this is a developing story. In this article, we’ll establish what actually happened, who's involved and what awaits the OM token in the foreseeable future.

 decentralized network dedicated to RWA tokenization and utilization in compliance with real-world regulatory requirements.

 It features high scalability and low transaction fees. The project is one of the earliest initiatives dedicated to RWA use via blockchain technology. Originally, MANTRA debuted as a 

 (ETH) in August 2020. In October 2024, the project migrated to its own dedicated Layer 1 platform, the MANTRA Chain. The MANTRA blockchain is based on the Cosmos SDK framework, and is part of the wider 

The MANTRA ecosystem's main products include MANTRA DEX, a 

 (DEX); a digital identity (DID) management tool; a compliant token development and management solution; and a comprehensive compliance and permissioning system. MANTRA has also partnered with global powerhouses like Google Cloud, and with DAMAC Properties, one of Dubai's most prominent developers, to propel innovative solutions for 

Starting in late 2024, right after its own dedicated mainnet launch, MANTRA had become a significant player in the RWA corner of 

 (DeFi). By late February 2025, the platform’s native OM token had climbed to a value of nearly $9, with its market cap peaking at around $8.2 billion. Before the fateful events of Apr 13, 2025, OM was the third-highest-capped crypto in the RWA category, trading at $6.27, with a market cap of slightly over $6 billion, according to the CoinGecko portal.

In the evening hours (UTC time) of Apr 13, 2025, OM began to lose its value precipitously, dive-bombing from over $6 to about $0.52 in the space of two hours. The token’s market cap fell to slightly under half a billion dollars — a loss of more than 90%.

CEO John Mullin was quickly online, reassuring the crypto community that no team member had sold their OM holdings, and that this wasn’t a case of the bad ol’ rug pull. Instead, Mullin alluded that after OM tokens were moved to two leading CEXs (Binance and OKX) to use as collateral, the exchanges initiated a cascade of 

 of positions backed by the token. Both exchanges refuted the allegations, and connected OM’s price collapse to its recent unusually high price 

, and significant tokenomics changes made to OM in October 2024 that greatly undermined its value.

As a chain of liquidations took place, the token’s price started to plummet, causing significant panic that quickly led to further price drops. The situation only stabilized closer to the end of the day, with OM’s price remaining under $1. As of Apr 23, it’s trading at $0.5543 — a far cry from its rate of over $6 just two weeks ago.

After investigating, crypto analytics firm Lookonchain concluded that 17 wallets had deposited 43.6 million OM tokens (4.5% of the token's circulating supply) into the implicated exchanges. Two of these wallets are believed to belong to Laser Digital, one of MANTRA's investors. Another investor in the project, Shorooq Partners, is also suspected to be among the 17 wallets. Both Shorooq and Laser Digital have denied the allegations.

Although the price plunge was immediately compared to the 2022 collapse of the 

 (LUNA) blockchain, many analysts point out that the two crashes are fundamentally different. Terra's crash resulted from structural abnormalities in the 

 regulating UST, the project's stablecoin. In contrast, OM's fiasco is suspected to be the direct result of market-driven manipulation by 

, and possibly exchanges. No security breach, disruption to services or data, or other adverse structural events have occurred on the platform.

While this development is unprecedented for the project, MANTRA has been embroiled in other controversies throughout its history. One of these was its 

, first announced in August 2024 and then delayed multiple times. Around 50% of the wallets believed to be bots were cut off from the airdrop list. However, many considered the bot-culling process to have been conducted without much proof.

There have also been reports of vote rigging in the project's governance system in a bid to obscure MANTRA’s centralized model of profit allocation. Additionally, some analysts have accused the project of "forced bridging" to manipulate the market price. Platform users had to migrate their Ethereum-based OM tokens to MANTRA's native OM tokens via 

, which would increase gas fees and allow the project team to control the token's circulation pace.

How is MANTRA (OM) headed toward recovery?

MANTRA’s CEO rapidly reassured users that the team is now working hard to jump-start the token’s recovery. On Apr 14, 2025, Mullin unveiled plans to initiate a buyback scheme, along with the intent to burn all OM tokens held by the project team. The team's supply totals 300 million tokens, representing about 17% of the total supply.

He also denied factually incorrect assertions circulating online that the team effectively controls 90% of OM's supply. Mullin further assured the public that no large-scale selling events by investors have occurred.

As OM’s value has stayed firmly under $1, it remains to be seen how these PR efforts — as well as the planned buyback and burn — will affect the token’s future.

 as a swap pair with USDT, or on the Derivatives market as the 

Naturally, given the ongoing situation with the OM token, buying OM is at your own discretion, as right now the token is truly for the adventurous and brave at heart.

As of Apr 23, 2025, the OM token is trading at $0.5543, 93.8% lower than its ATH of $8.99 on Feb 23, 2025, and 3,138.8% higher than its ATL of $0.01726 on Oct 12, 2023.

Curiously, most crypto price prediction portals are optimistic about the OM token's long-term prospects. DigitalCoinPrice 

 of $1.81 in 2027 and $2.82 in 2030, whilePricePrediction 

It's hard to verify all the allegations flying around regarding the involvement of exchanges and key investors in the MANTRA OM incident. What matters at this stage is that the project team has been quick and proactive in injecting transparency and clarity into the situation.

The free fall in the token's price seems to be over by now. In fact, OM’s decline was over within hours of the incident. Moreover, unlike Terra's LUNA and UST coins, OM hasn't become worthless. All these factors point to potential stabilization and recovery ahead. The question now is: Will the pace and magnitude of the recovery be enough to save the project in the long term? At this early stage after the collapse, few people could answer the question with confidence. We'll eagerly await the developments over the next few weeks to see if MANTRA finds its way out of the woods. 

mantra om crypto.png

MANTRA (OM): Understanding its wild ride and road to recovery

Bybit Learn

Blockchain

DigiByte is a scalable blockchain platform that utilizes a P2P cryptocurrency, DGB, for decentralized application exchanges. Find out more about it here.

 scalability and cybersecurity. The decentralized 

 network is known for being significantly faster than those of Bitcoin and 

, making it a popular option for users wanting to exchange 

 (DApps) and other digital assets. Transactions on the blockchain are completed using the network’s currency, DGB, which has a maximum supply of 21 billion tokens and a circulating supply of 15.65 billion tokens.

Because DigiByte is an open-source network with a strong community of developers, it’s always improving. Use this guide to learn more about this blockchain network and its unique features.

The DigiByte network was founded in 2013 by 

, a programmer who has been involved with Bitcoin since 2012. The goal was to expand Bitcoin’s blockchain technology and create a secure, decentralized network that could quickly reach a larger community. While the open-source blockchain network does have some similarities to Bitcoin, there are several key differences.

The network was released to the public on January 10, 2014. A small portion of the blockchain network’s native cryptocurrency, DGB, was pre-mined and given upon release to those who supported its development.

Since its initial release, DigiByte has incorporated several improvements. In 2014, features such as 

 was introduced in December 2015. In April 2017, DigiByte became the second major blockchain to utilize 

 to improve scalability. Then, in July 2019, the network introduced a unique 

DigiByte’s speed has also greatly increased since the blockchain’s launch in 2014. At that time, the blockchain used a single algorithm, with a difficulty retargeting frequency of two hours. After several upgrades and the introduction of multiple algorithms, speed and security both improved. For example, block mining speed in 2014 was about one minute, whereas in 2022 it’s around 15 seconds.

Because DigiByte is a scalable blockchain known for its fast speed, users worldwide can complete irreversible, permissionless transactions using DGB coins faster than they would be able to with Bitcoin or Litecoin.

DigiByte’s decentralized blockchain uses a 

 (PoW) consensus mechanism to secure and validate transactions. While DigiByte block rewards can still be issued to miners, DGB has a finite supply of 21 billion. The PoW consensus mechanism is very similar to Bitcoin’s; however, there are no halving events that reduce miner rewards. Instead, block rewards will be reduced monthly by 1% until all 21 billion DGB coins are minted.

The DigiByte blockchain consists of three layers: An application layer, a consensus layer and a network layer. While other blockchains may have multiple layers, the layers on this decentralized network function a little differently.

The application layer is the user-facing portion of the blockchain network, used to exchange DGB coins and access DApps. Smart contracts and other DigiAssets are also exchanged on this layer.

The consensus layer records and manages DigiByte transactions. It’s also the layer that releases new cryptocurrency to DigiByte miners. It serves as an efficient, electronic public ledger.

The network layer manages all operating procedures for devices running the blockchain's software. Its global network of nodes also validates transactions.

DigiAssets are customizable crypto assets that exist on the DigiByte blockchain. They can represent anything, from notarized documents and smart contracts to NFTs and even traditional financial assets. DigiAssets can be created using a wide range of digital tools, making the underlying technology accessible to the general public.

Digital assets on the middle layer of the blockchain are distinct from DigiAssets, which are on the top layer. The middle layer focuses on recording transactions and providing security to the blockchain. Its goal is to ensure that the tokens on the blockchain hold value, and the data being exchanged is genuine. A public ledger records each transaction on the network.

Because security is incredibly important to the DigiByte ecosystem, it uses the same key encryption methods used to secure nuclear launch codes. To reduce counterfeiting, hacking, duplication and other security issues, five different proof-of-work mining algorithms are used by the network: SHA-256, Scrypt, Odocrypt, Skein and Qubit.

SHA-256, which is also used by the Bitcoin blockchain, generates a unique 32-byte hash that can serve as a digital signature and validation.

Scrypt, which is also used by several altcoins (including Dogecoin and Litecoin), is a mining algorithm that actively mitigates mining centralization.

Odocrypt was designed with the DigiByte blockchain in mind. It automatically modifies itself every ten days to prevent 

Skein helps to make mining more efficient, regardless of the type of hardware the miner is using. It’s known for being significantly faster than the SHA-256 mining algorithm.

Finally, Qubit is a hashing algorithm that’s quick, efficient and secure. While it was initially only compatible with CPU hardware, the algorithm is now compatible with GPU and 

Operating procedures are completed on the bottom layer of the blockchain. According to 

, thousands of people around the world are using DigiByte software at any given time. This bottom layer enables communication between nodes on the network.

There are several features that set DigiByte apart from the Bitcoin network and other blockchain networks. In addition to allowing users to exchange DApps and tokens, the blockchain has implemented some features over the years aimed at boosting speed and preventing centralized control. Here are some examples of the blockchain’s notable features.

DigiByte uses the PoW consensus algorithm to make decisions on the network. The blockchain’s developers chose this algorithm to achieve a decentralized consensus quickly. The goal is to keep the decision-making process on the network to reduce manipulation and tampering. Pure consensus is a group decision-making process that enables users to complete transactions and obtain block rewards for mining. All five of the blockchain mining algorithms work together to verify each transaction.

Proper scaling is the key to future growth. To support additional transaction volume, the blockchain needs to be able to complete transactions quickly and easily incorporate them into the blockchain. The blockchain’s current goal is to double the block size every two years. On-chain scalability also facilitates increased block speed to correspond with network capacity. In addition, the introduction of the Segregated Witness, or SegWit, protocol in April 2017 has optimized on-chain scalability.

DigiAssets can be issued, sent and received on the DigiByte blockchain. Each DigiAsset represents a real-world asset, such as a contract, DApp, in-game currency, digital art or music, or event ticket. DigiAssets can also be smart contracts, which are programs stored on a blockchain that automatically run once all the required conditions of the contract are met.

Almost anything can be made into a DigiAsset. You don’t have to be a developer to create, issue or trade these assets on the top layer of the blockchain’s network. There are various tools available to help you create smart contracts, NFTs and other unique assets.

Authentication and security are both critical to DigiByte. To this end, Digi-ID is a simple application designed to securely replace usernames and passwords. As a decentralized network, DigiByte doesn’t store personal information. Digi-ID allows users to maintain a strong level of security while remaining completely anonymous.

All transactions are verified on the network using a complex PoW system. As mentioned previously, to greatly improve the overall security of the blockchain, five cryptographic algorithms are used during the mining process: SHA-256, Scrypt, Odocrypt, Skein and Qubit.

Multi-algorithm mining, also referred to as MultiAlgo, strengthens security by combating against mining centralization. Centralized mining can significantly reduce the overall value of a token as pools grow and take control of a network’s hashing power. Multi-algorithm mining helps to redistribute some of the power used to mine new block rewards, which in turn keeps rewards consistent.

Another benefit to multi-algorithm mining is that it can be completed using a wide range of hardware. This makes the process simple for both new and experienced miners, regardless of their setup size.

DigiShield adjusts the mining difficulty to help protect against overinflation. In early 2014, mining pools tended to switch between cryptocurrencies rapidly to increase profitability as block rewards changed. The problem is that this created fluctuations in mining hash power, and rapidly sped up block production, followed by major stalling and increased mining difficulty. DigiShield is a mechanism that permits real-time adjustments of block difficulty, helping to guard against extreme fluctuations.

Since its successful implementation on DigiByte, DigiShield has been incorporated into several other blockchains, including Ethereum, Dogecoin, Bitcoin Cash and others.

Introduced in December 2015, the MultiShield network upgrade activated DigiShield across all five algorithms. MultiShield essentially increases the mining difficulty every time a new block is found using an algorithm. The mining difficulty on the other four algorithms is then decreased, allowing for more consistency. MultiShield also helps to protect against any malicious hash rate indirection that would affect the production of blocks.

DigiByte doesn’t currently use a staking algorithm, but developers are working on a way to incorporate both the current PoW consensus and a 

 (PoS) model. This would replace one of the five current mining algorithms, and reward token holders for owning DGB. The PoS model being investigated would also reduce potential for double-spend attacks on the PoW algorithms.

In 2019, DigiByte introduced a new upgrade aimed at further enhancing privacy. Dandelion++ helps to obscure IP addresses, preventing people from identifying the physical location of users sending transactions. DigiByte was the first major 

 blockchain to implement this privacy-enhancing protocol.

Prior to 2018, DigiByte could only be accessed on computers. After developing and launching Android and iOS applications, DigiByte was able to grow the blockchain’s global user base and the overall versatility of the network. Its applications are available in over 50 languages, enabling users to trade DGB all over the world.

DigiByte may have been built to be like Bitcoin at first, but there are several differences that set it apart. It was designed to be more scalable and secure than the Bitcoin blockchain, significantly improving the basic technology. Over the years, DigiByte has incorporated several useful features that the Bitcoin blockchain lacks. This doesn’t just set it apart from the Bitcoin blockchain; it sets it apart from other decentralized blockchain networks and altcoins.

There are several similarities between DigiByte and Bitcoin. Both blockchains utilize a PoW consensus mechanism. DigiByte takes PoW a few steps further, adding multiple algorithms to improve decentralization, security, efficiency and scalability.

Both Bitcoin and DigiByte have a maximum supply, although DGB has a maximum supply of 21 billion tokens, while Bitcoin has 21 million. To produce new tokens, both networks rely on miners using a proof of work consensus. Both blockchain networks also have definitive plans to gradually reduce the number of rewards for miners. Bitcoin blockchain rewards are halved approximately every four years, while DGB rewards are decreased by 1% each month.

In addition to similarities in processing transactions and mining tokens, DigiByte and Bitcoin are also both open-source blockchains. This means that anyone can access and help develop the code. Because of this ability to participate in the development process, both blockchains have a strong sense of community and are constantly encouraging innovation.

DigiByte was built to improve Bitcoin’s blockchain technology, so there are several notable differences between the two. One of the biggest differences is the transaction speed. DigiByte processes transactions about 40 times faster than Bitcoin, and can create a new block every 15 seconds.

Transaction fees are also significantly lower than Bitcoin’s. Bitcoin’s fees in 2022 are about $1 per transaction, while DigiByte’s are around $0.01. This makes DigiByte a more cost-efficient choice for daily use, although fees may differ if you’re buying and selling tokens on an exchange.

DigiByte also possesses features to combat mining centralization that Bitcoin’s blockchain doesn’t. Five complex mining algorithms redistribute the mining difficulty in real time, protecting the blockchain from sudden changes. While both blockchains utilize SHA-256 as a PoW mechanism, as mentioned, DigiByte also incorporates Scrypt, Odocrypt, Skein and Qubit to promote secure mining.

DigiByte’s developers have always strived to create a more secure and decentralized network than Bitcoin’s. Because the network uses five PoW algorithms, can be mined significantly faster and offers several unique features, some users may prefer it to Bitcoin.

DigiByte’s open-source blockchain is supported by a dedicated community. All current developers work on a volunteer basis; therefore, it’s difficult to establish hard deadlines for projects and upgrades.

The DigiByte Pipeline details the blockchain’s current projects and goals. It contains a list of smaller and larger action items, developer experience items and third-party project integration items. The current document 

. Developers who would like to contribute to the blockchain can also open pull requests, ask questions and learn more about current projects.

Although DGB was first mined in 2014, a new token is created on the network during each mining process. Completing a mining transaction takes about 15 seconds, making it among the fastest altcoins on the crypto market. It’s estimated that the blockchain will reach its cap of 21 billion coins by 2035.

While DGB has several strengths over Bitcoin, it has a much lower value per token. In September 2022, a Bitcoin token is worth between $22,000 and $22,500. On the other hand, DGB tokens are valued at around $0.01.

DGB reached a historical high of $0.18 in May 2021. While its price has significantly decreased from its high, there are several predictions that it will rise as block rewards begin to decrease. Because there’s a maximum supply of 21 billion DGB coins, the price could continue to rise as fewer tokens become available.

There are several different price predictions. 

 could eventually reach $1. While the cryptocurrency market is volatile and tokens have made large jumps in price in the past, the odds of the token reaching $1 in the next few years seem slim. 

 the price of DGB may reach $0.016 in 2023, and go as high as $0.34 by 2031. 

There are several platforms where you can buy DGB. Bybit is a user-friendly platform that enables users to easily buy and sell DGB and other 

 and verified your Bybit account, all you need to do is open the app or website, head to the 

 Spot Trading page and enter the exact amount of DGB you would like to purchase. Remember, once you submit a transaction, you cannot reverse it, so double-check your input before clicking on 

If you’re hoping to invest in DGB long-term, transfer your tokens to a secure 

. Wallets store cryptocurrency off of the blockchain, helping to protect your assets. 

 on all spot pairs. This will only be available until Jan 3, 2023 only.

DigiByte is constantly growing and evolving. Because its blockchain network is open-source and has a strong community, it will likely keep advancing and incorporating new technology. While the token has a large cap of 21 billion, the value of DGB coins could increase as mining rewards continue to decrease.

DigiByte consistently strives to improve blockchain technology. Its unique decentralized network is well-known for its speed, security and versatility. As a three-layered blockchain, it’s incredibly efficient. While the price per DGB token is significantly smaller than a token such as Bitcoin, it’s much faster to mine. Because DigiByte has an active team of volunteer developers, the network is always improving and incorporating new features. It will be exciting to see how much this innovative blockchain will grow in the future.

DigiByte (DGB): A Decentralized, Fast & Secure Layer 3 Blockchain

Compete for 2,500 USDT Every Week

Earn Points by Completing Tasks

Event Rules

Weekly Leaderboard