Chill Guy is a viral meme illustration that took social media by storm before a crypto project used the meme to launch a Solana-based token. Learn more here.

What started as a simple illustration of a laid-back dog has become a global meme sensation, with the cartoon character known as Chill Guy dominating both social media trends and cryptocurrency markets. Created by artist Phillip Banks in October 2023, the easygoing canine character sparked a viral movement that has attracted major brands worldwide.

This article follows Chill Guy’s transformation from a social media sensation to a cryptocurrency asset. We'll examine its viral beginnings, community growth, market impact and what potential investors can expect from CHILLGUY in the future.

 is a viral meme illustration by artist Phillip Banks, depicting a laid-back dog in casual clothes whose easygoing attitude took social media by storm before a crypto project used the meme to launch Just a Chill Guy as a Solana-based token.

What Does Just a Chill Guy Aim to Achieve?

The CHILLGUY meme coin aims to spread a "Why worry?" philosophy into cryptocurrency markets by embracing the laid-back, stress-free attitude that made the original meme go viral. The project transforms this easygoing vibe into a community-driven token, where being low-key isn't just a catchphrase — it's a shared mindset among holders.

The CHILLGUY community brings this philosophy to life by sharing endless variations of the CHILLGUY meme across social platforms. Through market swings and viral trends, CHILLGUY keeps his iconic pose: hands in pockets, subtle smirk, perpetually relaxed.

Just a Chill Guy (CHILLGUY) operates as a Solana Program Library (SPL) token on the 

 blockchain, leveraging the network's ultrafast speeds and low costs to ensure smooth trading. The token was created using Pump.fun, a specialized platform that lets users launch Solana-based tokens without any fees, removing traditional barriers to token creation.

CHILLGUY is a community takeover (CTO), meaning it's completely owned and directed by its token holders with no central team in control. This decentralized structure ensures the project stays true to its community-driven nature, its holders collectively guiding its future while embodying the laid-back spirit of the original meme.

The CHILLGUY token launched with a maximum supply of 1 billion tokens, of which 999,965,435 are currently in circulation. This near-complete distribution of tokens to the market supports active trading and community participation.

What makes CHILLGUY's tokenomics particularly notable is its widespread distribution across more than 142,000 unique holders (as of Nov 27, 2024), achieved in just 12 days. This rapid expansion of its holder base demonstrates strong community adoption and aligns with the project's decentralized, community-driven principles.

CHILLGUY has exploded across social media, especially on TikTok, where the meme has amassed hundreds of millions of views. Its laid-back character resonates with users worldwide, inspiring countless creative adaptations.

Major brands worldwide have embraced CHILLGUY in their marketing campaigns. From Sprite Europe to NFL on CBS, the character has resonated across mainstream media, even catching the attention of global figures like El Salvador's president Nayib Bukele.

The “Chill Guy” meme’s influence spans multiple social media platforms, with a growing community of followers: 96.6K on X (

). On the other hand, the meme token itself also has a vast community, with 39.9K on X (

) and an active Telegram channel of over 15,000 members. These numbers reflect the meme's ability to engage audiences across different platforms.

The token's popularity in cryptocurrency markets matches its social media success, with CHILLGUY maintaining a substantial 24-hour trading volume of over $330.03M as of Nov 27, 2024. This high trading activity demonstrates the strong market interest in CHILLGUY beyond its meme status.

Looking to trade Just a Chill Guy tokens? Bybit now offers the CHILLGUY/USDT Spot trading pair and CHILLGUYUSDT Perpetual contract. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

While CHILLGUY has maintained strong trading volumes and continues gaining mainstream attention through its viral social media presence, investors should carefully weigh its strengths and risk factors before making investment decisions.

With its widespread brand adoption, sustained trading activity and explosive community growth of over 142,000 holders, CHILLGUY demonstrates significant market potential. However, meme coins are inherently volatile. Potential investors should 

 and invest no more than they can afford to lose.

CHILLGUY is the latest viral sensation to harness the power of the attention economy to convert social media momentum into crypto market success. While CHILLGUY has already demonstrated its ability to capture mass appeal, its position as a leading meme token will depend upon how effectively it maintains its cultural relevance and community engagement in this fast-moving market.

Intermediate

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Just a Chill Guy (CHILLGUY): Embracing the Art of Nonchalance

Zircuit (ZRC) combines optimistic and ZK rollups with AI-driven security, offering fast, low-cost Ethereum Layer 2 solutions. 

 network has flourished, mainly due to the ongoing network congestion, high fees and poor scalability of the latter. Many of these platforms use rollup technology, whereby batches of multiple transactions processed off-chain are bundled together and posted in bulk to the underlying Layer 1. Ethereum-linked rollups mainly come in two varieties 

 (ZK). While optimistic rollups boast lower computational overhead, the ZK variety of these networks features a higher degree of security.

Zircuit (ZRC) is a Layer 2 chain that adopts a hybrid approach, combining the elements of optimistic and 

. This lets the platform offer the performance benefits of optimistic technology along with the security of ZK validity proofs. To further enhance overall security, Zircuit uses a unique 

 (AI)–driven system of monitoring for malicious transactions.

 (ZRC) is a hybrid Layer 2 blockchain that combines the features of optimistic and ZK rollups, and uses AI-driven monitoring for potentially harmful transactions. 

 rollup development technology, a popular framework for building optimistic rollup networks. Additionally, it uses zero-knowledge proofs, which lets the platform offer the best of both worlds 

 the performance benefits of optimistic rollups and the security of ZK technology. Zircuit is 

The Zircuit project takes security very seriously, and has introduced a unique system of AI-based protection against malicious transactions at the sequencer node level. The use of ZK proofs and an AI-based protection system make Zircuit one of the most secure platforms in the competitive world of Ethereum Layer 2 chains.

Along with its excellent security benefits, Zircuit also boasts low costs, fast transactions, excellent scalability and 2-second block production intervals. All these features make it an ideal environment for 

 (DApps) in various niches, particularly 

 (DeFi). In fact, the leading protocols within the Zircuit ecosystem are all dedicated to the finance niche, with Zircuit Staking being the largest application by TVL.

With its heavy focus on DeFi, Zircuit aims to become a leading liquidity hub for various token types within the sector, including 

. These assets can be staked through the Zircuit staking program — supported by the platform's Liquidity Hub — to earn staking APRs, airdrop rewards and points based on the Zircuit Point program (covered further in our article).

The platform also operates a secure native bridging solution, 

, to help users transfer assets between its Layer 2 network and Ethereum Layer 1.

The company behind the project, Zircuit Ltd., was founded in 2021 in Canada by Dr. Martin Derka, Jan Gorzny and Angel Xu. Zircuit's testnet was launched in November 2023, but made headlines in April 2024 when the project reported that its 

 (TVL) had soared past $2 billion. While testnet TVLs are more a gauge of future potential for a blockchain than an indicator of its existing worth, the news attracted the attention of industry observers toward the platform. Following its highly publicized testnet success, Zircuit launched the first phase of its mainnet in August 2024. This was followed by the launch of the platform's native token, ZRC, in November 2024.

As a typical rollup, Zircuit uses an off-chain sequencer node to batch and organize Layer 2 transactions for subsequent posting to the underlying Ethereum Layer 1. The batches have ZK validity proofs attached to them to signal to Layer 1 validators that they’re free from fraudulent transactions. Zircuit's architecture also includes prover nodes, whose job is to produce these validity proofs.

However, unlike other rollups using ZK proofs (also known as validity proofs), Zircuit doesn't generate validity proofs for every block of transactions. Instead, some blocks have pre-generated template proofs, while others go through the process of having a dedicated validity proof created for them. After a few blocks featuring validity proofs, there are several more that utilize template proofs. The image below illustrates this approach.

The key reason Zircuit has adopted this form of proof design is that the process of generating ZK proofs is computationally intensive. By using template proofs for some of the blocks in a sequence, Zircuit can reduce the overall computational overhead. However, the project’s team has stated that the template proof model is temporary, and will be phased out in the future. At that stage, the platform will move to generating ZK proofs for each block.

Zircuit features a highly modular design whereby provers — responsible for generating validity proofs on the platform — can easily be plugged into or removed from the network. This modular approach is distinct from the standard ZK rollup design, in which provers are more tightly and less flexibly integrated into the overall architecture.

As noted earlier, Zircuit uses a dedicated sequencer to organize and batch transactions into blocks. The platform also applies AI-driven monitoring at the sequencer level (the Sequencer Level Security, or SLS) to spot and exclude fraudulent transactions before they’re finalized on Layer 2.

When transactions are first posted to Zircuit, they enter the 

 — a temporary area from which the sequencer picks and organizes individual transactions into blocks. The mempool is being monitored at all times, using AI algorithms to identify suspicious transactions. If a transaction in the mempool raises a flag, it's quarantined and assessed for validity before the sequencer can include it in a block. The image below shows how this process works.

One of the distinct features of Zircuit is its hybrid architecture, which combines the properties of optimistic and ZK rollups. At the base level, Zircuit is built using Optimism's Bedrock development framework, a technology popular for optimistic rollup networks. However, the use of ZK proofs — or, to be more precise, a combination of validity proofs and template proofs — ensures that Zircuit enjoys a security level that standard optimistic rollups normally can't match.

The use of AI-based SLS provides robust security to Zircuit, complementing the already highly secure ZK proof system. Very few Layer 2 networks in the industry currently feature anything similar, making the platform a true pioneer of AI use for sequencer-level operations.

Like any rollup based on Optimism Bedrock, Zircuit enjoys EVM compatibility. This allows for smooth interoperability with the underlying Ethereum Layer 1. EVM compatibility also makes it easy for developers familiar with Ethereum’s environment to develop Zircuit-based DApps, or to port existing Ethereum applications to the platform. Developers can take advantage of technologies commonly used for Ethereum (e.g., the Solidity programming language and the Hardhat development framework) to build Zircuit applications and smart contracts.

Zircuit Bridge is a native bridging solution designed to easily transfer tokens between Ethereum and Zircuit. It boasts high security, low transaction fees and fast transfers, and allows users to move a variety of cryptocurrencies between Ethereum and Zircuit, including ETH, 

) and LRTs like Super Symbiotic LRT (weETHs). As of late November 2024, the total number of cryptos supported by the bridge is close to 30.

Zircuit has launched a reward program called Zircuit Points. Users can earn these Points by staking supported assets, and by participating in the Build to Earn initiative (more on this below). Accumulated points will be converted to ZRC tokens in the future. Points also create the opportunity to qualify for token airdrops.

The primary way for most users to earn Zircuit points is via 

. The Zircuit Staking program lets you stake LSTs, LRTs, popular stablecoins, some wrapped tokens and Ether (ETH) to earn points. Using LSTs and LRTs, you can earn yields (along with native Zircuit staking APRs and Points) from the respective staking and restaking platforms that issue these assets.

Zircuit Points earned via staking have different multipliers, depending upon the asset. For example, Ether has a multiplier of 0.5, while LSTs, LRTs and stablecoins have a multiplier of 1. Multipliers for different LST and LRT assets may be subject to change in the future.

Build to Earn is another way to qualify for Zircuit Points. The program allows developers to contribute to the Zircuit ecosystem and earn Points in a number of ways, including:

Launched in November 2024, ZRC is the platform's native cryptocurrency. It's an 

 asset deployed on both Zircuit and Ethereum Layer 1. ZRC is mainly used for reward distributions, and participation in token airdrops for ecosystem DApps. Currently, transaction fees on the network are paid in Ether. It's possible that, in the future, ZRC might be used for some transaction fee payments.

ZRC is also used for rewards under the Gas Rebate program. As users conduct transactions on the platform, they 

. Zircuit’s Gas Rebate program provides rebates to offset some of the incurred fees. The amount of ZRC earned as a rebate is proportional to the amount spent on gas in ETH; the project's documentation states that for each ETH spent on gas, the user earns 125% in ZRC. All kinds of gas fee payments qualify for the rebate, including ordinary asset transfers and transactions involving interaction with Zircuit DApps.

ZRC is a supply-capped token, with a maximum and total supply of 10 billion. The token's supply allocation shares are as follows:

The ZRC token is available on Bybit's Spot market as a swap pair with USDT (

 to grab a share of the 5 million ZRC prize pool. New users who sign up for a Bybit account and complete identity verification can earn ZRC rewards by accumulating a deposit volume of at least 2,000 ZRC, or by depositing 100 USDT and trading 100 USDT worth of ZRC via their first trade with Bybit. 

Meanwhile, existing users can qualify for ZRC rewards by trading at least 500 USDT worth of ZRC on the Bybit Spot market, with the possibility of earning up to 10,000 ZRC based on trading volume. The 

 event will run through Dec 10, 2024, 8:59AM UTC.

Zircuit is among the pioneering Layer 2 platforms to adopt a hybrid design for a rollup network. Thanks to the platform's architecture, users can take advantage of low transaction costs, fast transfers and great scalability while enjoying the benefits of high security delivered by ZK proofs and AI-driven mempool monitoring. AI-based monitoring for fraudulent transactions is a particularly notable feature of the platform and is undoubtedly among the most advanced technologies employed in the blockchain industry.

User security combined with faster and cheaper transactions for the Ethereum network — all in one package — is now feasible, thanks to Zircuit's innovative technology and unique approach!

Advanced

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What Is Zircuit (ZRC): Where Performance Meets Cutting-Edge Security

Bybit is celebrating its sixth anniversary with the #Super6Bybit event, offering a $1.2 million prize pool and focusing on its bbSOL token.

Daily Top Performer — Virtuals Protocol (VIRTUAL)

On Wednesday, the S&P 500 fell 0.38% as tech stocks dropped and inflation data reinforced a hawkish Fed outlook. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 0.40%, with Bitcoin and Ether dropping by 1.86% and 1.79%, respectively in the past 24 hours.

Today's top performer is VIRTUAL, which surged 53.6% following the launch of the $MUSIC token by Agentstarter, featuring AI-driven music video capabilities and community-focused tokenomics.

Virtuals Protocol (VIRTUAL), founded in 2021, allows users to invest in and co-own AI-driven virtual assets like companions and influencers. Its model fosters community ownership, transforming AI agents into revenue-generating assets across platforms like Roblox and TikTok. The platform attracts contributors from AI and gaming to drive innovation in virtual economies. 

, using AI to create music videos and offering features like animated videos, voice mimicry, and karaoke tracks. The tokenomics allocate 60% for airdrops, 20% for liquidity, and 10% each for the development team and Virtuals Protocol.

Check Out the Latest Prices, Charts, and Data of 

Bybit is celebrating its sixth anniversary with the 

, offering a $1.2 million prize pool and focusing on its bbSOL token. Launched in September 2024, bbSOL is the first exchange-backed Liquid Staking Token on Solana, providing liquidity and staking rewards. The campaign, running from November 28, 2024, to January 6, 2025, invites participants to build, transform, and supercharge their bbSOL through tasks, leaderboards, and community milestones, increasing rewards. The event combines gaming mechanics, community engagement, and opportunities to win prizes while promoting innovation and growth in the crypto space.

Yesterday, there were no flows in BTC Spot ETFs, including GBTC and non-GBTC categories.

. Stake BNB on Lista's portal to get slisBNB, then deposit it into Astherus to earn airdrop points with multipliers (3X for Lista, 1.15X for Astherus). No lockup is required, and slisBNB is the most efficient option.

Beginner

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Bybit Celebrates 6th Anniversary with $1.2M Prize Pool and bbSOL Supercharging Campaign

Our weekly crypto derivatives analytics report delves into macro events, the current state of crypto and trading signals from spot trading volume, and futures, options and perpetual contracts.

ETH has outperformed, bolstered by SEC Chair Gary Gensler's announcement of his Jan 20, 2025 departure, and suggested by growing open interest in ETH perpetual. This positive momentum extends to several large-cap altcoins previously scrutinized by the SEC, as indicated by bullish funding rates for long positions.

Please check out the report’s highlights.

ETH Open Interest Grows While BTC’s Declines

ETH is outperforming BTC following the announcement of SEC Chair Gary Gensler’s departure, as evidenced in perpetual swap markets. BTC open interest has decreased from last week's highs, while ETH contracts have increased. Additionally, ETH trade volumes constitute a larger share of daily trading as compared to much of the past six months, despite an overall dip in trade volumes this week. The gradual decline in BTC open interest, without a surge in trading activity, indicates a strategic repositioning, rather than a wave of liquidations.

BTC Option Curve Inversion Deepens as Price Retreats

The pullback in the spot BTC price from the $100K target has led to a flat ATM volatility term structure, with short-tenor options dropping below 60%. 

This trend continues the correlation between term structure inversion and BTC spot price returns observed since the U.S. election on November 5, 2024

. The decline in front-end volatility aligns with lower realized volatility levels. While demand for short-tenor options has moderated, there hasn't been a notable change in open interest for calls or puts. Instead, their growth has stalled at the week's start.

Sentiment in ETH options markets seems moderately more bullish than in BTC's during the recent decline in momentum from the post-election rally. Call options lead in both trading volumes and open interest. 

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Bybit X Block Scholes Crypto Derivatives Analytics Report (Nov 27, 2024): Signal on ETH Outperformance Against BTC Surfaces on Long-Term Contracts

Bybit Learn

DeFi

Sologenic is an XRP blockchain-based ecosystem designed to tokenize real-world assets by converting them into digital assets. Find out more about it here.

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 by investing in crypto synths or tokenized securities, and participating in decentralized 

, now have another option to consider — Sologenic. 

While cryptocurrencies and their underlying blockchain-based technologies are fantastic for facilitating decentralized derivatives markets, Sologenic aims to make investing in blockchain-based derivatives products and tokenized assets more effective than ever. In doing so, it’s bridging the gap between the crypto and traditional financial markets in unforeseen ways. 

In this post, we take a close look at Sologenic (SOLO) to help you better understand what it is, how it works and its potential role in your crypto portfolio.

Created for both retail and institutional investors, Sologenic offers an entire ecosystem with a decentralized exchange, tokenization brokerage solution and a native blockchain 

, giving investors and traders the ability to use cryptocurrencies in any way imaginable.

In fact, SOLO holders can tokenize more than 40,000 different stocks, ETFs and commodities tradable on top exchanges across North America, Europe and Asia. Sologenic allows investors to tokenize these assets by converting them into digital tokens that can be securely circulated on the blockchain.

SOLO stablecoins are backed by 1:1 by real-world assets. Thus, each stablecoin represents ownership of the asset. By tokenizing non-blockchain or “real-world” assets, users can retain all of an asset’s characteristics while increasing its liquidity.

 in 2018. There isn’t much information regarding Bashash’s background on the official Sologenic site, but he is nonetheless listed as a co-founder, in addition to being the project’s tech lead.

Despite being a community-funded project and the recipient of an XRPL grant to expand its XRP-based NFT marketplace, Sologenic has partnered with 

. These alliances further enhance its functionality and ability to achieve its mission of bridging the gap between the crypto world and that of traditional financial institutions and markets.

Sologenic’s overall goal is to enable the on-demand tokenization of over 40,000 stocks, commodities, ETFs and other traditional, real-world assets from each of the major global financial institutions and markets. To achieve this and meet the demands of both SOLO holders and the greater financial industry, the project must rely on an advanced blockchain such as Ripple.

Built on Ripple’s blockchain, the Sologenic trading platform lets users turn non-blockchain assets, such as stocks, commodities and ETFs, into tokenized assets for trading on its 

 (or DEX). While most DEXs only trade digital assets such as crypto, Sologenic’s DEX uses its SOLO stablecoin to bridge the gap between the centralized and decentralized worlds by facilitating the trade of traditional assets in blockchain form.

Each derivative on the Sologenic platform is created as a stablecoin, and each stablecoin is backed 1:1 to represent ownership of a tokenized asset. When an asset is tokenized, it’s denominated by the symbol 

Sologenic’s native coin, SOLO, is also deployed as a market maker and liquidity provider. Each coin is issued on Ripple’s XRP ledger, providing near-instantaneous transactions and maximum liquidity. As such, the entire Sologenic ecosystem is centered on the use of SOLO, making it an incredibly powerful utility token.

With low gas fees and a high throughput of over 1,500 

 (TPS), Sologenic offers a competitive advantage over Ethereum’s Synthetix, Polkadot’s Firefly Exchange and the few other decentralized derivatives exchanges currently on the market.

The Sologenic ecosystem is rich in products, services and features. While new products and features are scheduled for launch in the near future, some of the project’s current primary features are listed below.

The SOLO DEX, which we'll get to in a minute, is accessible via the 

. The newly updated SOLO Wallet app provides SOLO holders with everything needed to manage all of their digital assets.

With the SOLO Wallet app, you can store both cryptocurrencies, like SOLO and XRP, and tokenized assets, like stocks and ETFs, all in a single decentralized wallet app. You can also add, activate and directly manage multiple wallets, transfer digital assets, track recent transactions, receive live market updates and much more. Featuring biometric authentication, you can trade confidently, knowing your tokenized and crypto assets are fully protected.

As mentioned, the SOLO Wallet is home to both the wallet and the DEX. It’s available for Android and iOS devices.

SOLO holders are also eligible to receive a free 

, used to instantly spend their crypto anywhere in the world. Similar to the cards issued by traditional financial institutions, there are four tiers of SOLO Cards, each offering varying degrees of discounts on select hotels and events, monthly cashback rebates, airport lounge access and other benefits, depending on the amount of SOLO held.

For instance, a tier two SOLO holder with under 100,000 SOLO is eligible for the SOLO Black Metal Card, which offers 0.5 percent monthly cashback. On the other hand, a tier four cardholder with the SOLO Black Whale Card can receive up to two percent monthly cashback.

Regardless of tier level, a minimum balance must be maintained in order for a card to remain activated.

The financial world is ripe for technological innovation and transformation. Thanks to blockchain technology, such as the Ripple platform, new doors are opening and paving the way for decentralization and global asset liquidity. With tokenization, markets can achieve unforeseen levels of interconnectedness and 24/7 liquidity for maximum asset flexibility and gains.

The sophisticated Sologenic ecosystem utilizes blockchain technology to provide on-demand tokenization for a wide variety of assets, including non-blockchain assets typically tied to traditional financial markets, like stocks and ETFs. In fact, SOLO holders can access thousands of stocks, commodities and ETFs from over 30 major global exchanges. The platform’s infrastructure connects blockchain-based assets with legacy financial systems, supporting asset tokenization and cryptocurrency trading for other asset classes.

In other words, by facilitating tokenization, alternative assets like crypto can be used for making investments, not only in crypto or NFT but in stocks and other traditional investment vehicles. Examples include investments in everything from cryptocurrency baskets and Fortune 500 companies to commercial real estate, public business projects and even antique art.

Under such a tokenization system, every digital token represents a stake in the ownership of an underlying asset, and the end-user has full control over the management of the asset. Each SOLO holder can access, buy, sell and trade digital tokens 24/7 on global markets via a DEX.

With blockchain technology, full transparency is also provided over the entire asset tokenization process. Since third parties responsible for the buying, selling and securitization of assets are removed from the equation, investors can tokenize and trade any assets on demand without the regulations, overhead and points of failure prevalent within the traditional financial system.

 is Sologenic’s tokenization brokerage solution, exclusively designed for investment firms, banks, exchanges, brokerage houses and other institutional investors. It can tokenize a multitude of real-world assets and is available for 24/7 trading, 

, managing liquidity, launching funding rounds, managing custodial services and more. Overall, it’s a trading solution designed to provide large-scale investors with access to decentralized markets while enjoying the same security and technical capabilities provided in traditional finance.

Similar to Sologenic’s other services and products, SOLONEX also utilizes the XRP ledger. However, unlike the project’s other products, SOLONEX isn’t available to retail investors, and a demo must be scheduled with the team behind the project in order to learn more about its specific features.

 is a recently developed, decentralized trading platform designed to allow users to trade various cryptocurrencies and tokenized assets with other users peer-to-peer (P2P). Sologenic’s tokenized assets are openly available on its XRP-driven native DEX. Here, you can hold SOLO and trade crypto or real-world assets via an online platform, which can also be accessed through the SOLO project's iOS and Android blockchain wallets.

Sologenix DEX clients can trade their tokenized assets on-demand in real time with other investors by simply connecting their wallets. In order to ensure security, an authorized trust line must be opened at the Sologenic ATP.

As discussed, the DEX is built on the incredibly fast and secure XRP blockchain ledger. In addition to the use of authorized trust lines, users maintain full custody and control of their private keys for added security and trust.

Although the DEX platform takes an order-book approach to facilitating transactions, its users enjoy self-custody, giving them full ownership over their tokenized assets. This means the exchange can only access funds through an existing wallet controlled entirely by the user.

To add to Sologenic’s customer-centricity, transactions are settled quickly and trading fees are as low as $0.000005. The trading terminal also features fully customizable widgets, theme customization and multilingual support.

Some specific features of the Sologenic DEX include:

• Access to powerful professional charting tools

• Minimal gas fees reaching as low as $0.000005

• Fast transaction speeds, with the ability to handle up to 1,500 transactions per second

Again, the Sologenic DEX can be used to execute trades, exchange funds and complete settlements nearly instantly. Even more impressive is its fast trade execution, which mirrors the same speed and experience of trading on a 

. Moreover, there’s no need to settle for token swaps. With the Sologenic DEX, traders can utilize market orders, stop losses, limit orders and other advanced trading features.

Launched by the Sologenic Development Foundation, the much-anticipated 

 is quickly becoming a top platform for minting and trading NFTs on the XRP blockchain. During a limited early access period, a select group of creators from around the globe were chosen to mint the marketplace’s very first NFTs.

 continue to grow in popularity throughout the entertainment world by giving creators and artists a means of monetizing their work in an unconstrained, decentralized manner, Sologenic’s NFT Marketplace aims to deliver with NFTs comprising all types of categories, including music, motion graphics, film, and even sports. With zero gas fees as well, new creators can begin minting their works with fewer up-front costs.

Meanwhile, the Sologenic NFT Marketplace platform provides a user-friendly experience catering to both new and experienced traders. It’s available in over 20 different languages, and integrated with the Sologenic DEX to completely blur the boundaries between NFT minting and modern-day trading.

It’s also home to Sologenic Originals, where you can create your very own one-of-a-kind 3D avatar for metaverse exploration. The latest collection just dropped in August 2022, and the next will drop on September 15, 2022.

On top of everything else included in the SOLO ecosystem, users are rewarded for participating in the exchange and providing liquidity for transactions. That’s right: In addition to a versatile 

, advanced trading platform and full asset tokenization capabilities, Sologenic offers its unique Liquidity Provider Reward Program to spur market participation. Loyal SOLO holders participating in the program can earn up to 20 percent annually or more.

The company behind the XRP blockchain used by Sologenic is Ripple Labs, Inc., which works with hundreds of governments and financial institutions around the world. In fact, Ripple collaborates with some of today’s leading global financial institutions for payment processing, including American Express, PNC, MoneyGram, SBI and more. As far as blockchain and crypto trading goes, there may be no better company from which to receive support and governance.

To date, Solegenic has achieved several milestones as its development team remains dedicated to implementing new components in an effort to improve the ecosystem.

Here’s a rundown on the milestones SOLO has reached so far, and what the project is hoping to achieve in the near future.

• Sologenic DEX Cross-Chain and Interoperability Asset Bridge Launch

• Sologenic Original Series NFT Program

There are over 399 million SOLO coins in circulation, with a 400 million total (and maximum) supply. This means no more than 400 million SOLO coins will ever be created.

To keep token levels balanced and in check (as with many blockchain coins), SOLO is a deflationary currency. Every time a transaction takes place, a certain number of tokens are burned. The Sologenic ecosystem utilizes this deflationary mechanism to limit the supply of SOLO tokens, making them more valuable.

In regard to token distribution, 35 percent went to the development team via a 36-month lockup period; 15 percent was made available for public sale with no lockup; 15 percent went toward liquidity and operation; and 15 and 20 percent (respectively) were allocated for the SOLO Expansion Fund and SOLO Community Fund.

At the moment, SOLO has a market cap of just over $50 million and is priced at $0.1266, which is down significantly in the current bear market from the coin’s all-time high of $6.63.

While one could easily say SOLO is in a downward trend, given its infrastructure and niche within the coin market, the future may still look bright for the SOLO token. Given its current low price in comparison to its all-time high, it’s safe to say there’s plenty of room for the bulls to run.

Interested in getting your hands on some SOLO tokens? You’ll be glad to know there are a number of crypto exchanges that offer it, including Bybit.

Every exchange platform operates a little bit differently. Some platforms, like Bybit, are very easy to use. You would first need to log into your existing Bybit or 

. Once you’re logged in, navigate to the 

 page and you’ll be able to see the current market buy and market sell prices. On the right side of the page is where you can create a buy order for this token. 

Sologenic is creating a diverse ecosystem for investing in tokenized stocks, commodities, ETFs and other assets. Despite this, its SOLO utility token is underperforming considerably as of late, sitting considerably off of its all-time high set earlier in 2022. This, along with its solid XRP-based infrastructure and positive growth outlook, makes SOLO a project with obvious long-term investment potential.

 predicts that SOLO prices will reach $0.75 by 2025 and increase to $5.07 by 2030. This is supported by 

 as well, with it believing that SOLO prices will be on an upward rise in the following years. It may even be possible for SOLO to break its all-time high by 2030 to 2031. 

Sologenic clearly has tremendous potential as a derivatives protocol. By leveraging the scalability, consensus mechanism and other worthwhile features of Ripple’s XRP blockchain technology, the project has successfully evolved into a complete asset tokenization ecosystem with a lot to offer for institutional and retail investors alike.

Nonetheless, Sologenic’s lack of adoption is currently its greatest obstacle. With liquidity and volume at play, the platform must have a certain number of users in order to maintain its utility. In order for Sologenic to compete with Synthetix and other dominant derivatives platforms, it must continue developing useful, unique and value-driven features to attract crypto traders and investors from competing networks.

Sologenic: Tokenizing Real-World Assets on the XRP Blockchain

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards