[PRESS RELEASE – Dubai, United Arab Emirates, January 8th, 2025]

ChainGPT, a pioneer in blockchain AI solutions, has announced a $50,000 grant to ChainAware.ai, a leader in Web3 security and analytics. This strategic investment aims to accelerate the development of innovative solutions designed to enhance security and provide actionable insights for Web3 users and businesses.

ChainAware.ai is dedicated to addressing challenges in the Web3 ecosystem by leveraging AI and blockchain data. Its cutting-edge tools are designed to safeguard users and businesses while improving engagement strategies. These include:

• Crypto Wallet Auditor: Detects and mitigates fraudulent wallet activity.
• Fraud Detector and Rug Pull Detector: Issues real-time alerts for suspicious transactions.
• User Analytics Dashboard: Provides valuable insights into user behavior to help businesses optimize their strategies.

This grant will support the development of these tools, enabling users to navigate decentralized ecosystems effectively and assisting businesses in making informed decisions.

Commenting on this Ilan Rakhmanov, Founder of ChainGPT and CEO of ChainGPT Software said, “ChainAware.ai’s innovative approach to Web3 security aligns perfectly with our vision for a safer decentralized future. We believe that their AI-powered tools will demonstrate the transformative potential of artificial intelligence in blockchain security. This grant reflects our commitment to supporting solutions that address critical challenges in the Web3 ecosystem.”

“This grant from ChainGPT AI is a game-changer for ChainAware.ai. It empowers us to push the boundaries of innovation in Web3 security and analytics, ensuring users and businesses have the tools they need to navigate decentralized ecosystems with confidence and clarity. We are excited to continue driving trust and transparency in this ever-evolving space.” Martin Ploom, Co-Founder, ChainAware.ai

The grant is part of ChainGPT AI’s broader initiative to foster innovation in the Web3 space. The ChainGPT Grant Program has previously supported projects including:

• Cookie3: A marketing analytics platform enhancing data-driven strategies
• Kryptomon: A Web3 gaming platform for collecting and trading unique creatures
• GT Protocol: An AI execution protocol for DeFi, CeFi, and NFT markets
• AITECH: The world’s first deflationary AI token
• Octavia: An AI assistant for streamlined Web3 interactions

The grant funding enables ChainAware.ai to enhance its existing security tools and develop new features focused on improving trust and transparency in decentralized ecosystems. The company’s next development phase aims to strengthen Web3 security measures and expand its data-driven solutions for businesses.

About ChainGPT 

Incepted in 2023, ChainGPT is a leading provider of AI-powered tools for the blockchain and Web3 industries. It emerged as a project to bridge the gap between blockchain technology and AI, creating innovative solutions for the Web3 ecosystem. Leveraging advanced AI techniques, ChainGPT enhances blockchain functionality with its tools and applications, including SDKs and APIs for automated smart contract generation, a Web3 AI chatbot, an NFT generator, and an IDO launchpad. With established partnerships and collaborations with industry leaders such as Google, Nvidia, and BNB Chain, ChainGPT continues to pioneer efficient and user-friendly AI solutions in the blockchain space.

ChainGPT seeks to advance the integration of blockchain and AI, with a focus on exploring the potential of autonomous AI agents in Web3.

Users can learn more at: https://www.chaingpt.org/

About ChainAware.ai

ChainAware.ai is at the forefront of Web3 security and analytics, providing innovative tools that protect users and empower businesses through AI-driven insights. Their comprehensive suite of solutions includes fraud detection, wallet security, and user behavior analytics.

General Resources:

Website | Crypto AI Hub | ChainGPT Labs | ChainGPT Pad | CryptoGuard | CGPT DAO | AI NFT Generator | Staking | Blog |

Community and Social Media:

Twitter | Pad Twitter | Telegram | TelegramBot | Discord | Instagram | LinkedIn | YouTube | TikTok

For Media Queries

Richa | richa@chaingpt.org & Sharon | sharon@chaingpt.org

To learn more about ChainGPT, users can visit the official ChainGPT.org website

For all inquiries, users can contact support@chaingpt.org

TL;DR

• Binance’s delisting announcement has been followed by double-digit price declines for the affected assets.
• In contrast, the company’s addition of new trading pairs often leads to significant price surges, as seen with numerous altcoins in the recent past.

The Delisting Spree

The world’s largest cryptocurrency exchange decided to remove several margin trading pairs from its platform. According to the official announcement, LIT/BTC, NULS/BTC, SFP/BTC, BEL/BTC, LIT/BTC, LSK/BTC, NULS/BTC, and SFP/BTC will become unavailable to clients from January 16. 

“Effective immediately, users will no longer be able to transfer any amount of assets of the aforementioned pair(s) via manual transfers and Auto-Transfer Mode into their Isolated Margin accounts.

If users hold outstanding liabilities of said tokens, these users may only manually transfer up to the amount of liabilities of that token into their Isolated Margin accounts, less any collateral already available,” the company explained.

Additionally, Binance will delist the spot trading pairs AXL/FDUSD, C98/BTC, and ENJ/ETH on January 10. The company periodically conducts such amendments “to protect users and maintain a high-quality trading market.” It takes several factors into consideration when removing trading pairs, including poor liquidity and trading volume.

Withdrawing support from a major crypto exchange like Binance typically has a negative effect on the prices of the affected digital assets since it causes reputational damage and limited accessibility (among other setbacks). Literally, all involved cryptocurrencies in the delisting efforts have headed south in the past 24 hours, with many experiencing double-digit declines. 

It is worth noting that the correction of the broader digital asset market could have also contributed to their poor performance. Recall that Bitcoin (BTC) soared above $102,000 on January 7, but several hours later, it nosedived by more than seven grand.

Currently, it trades at around $95,500, while Ethereum (ETH) plunged below $3,400. The crash resulted in over $700 million in liquidations, as approximately 90% of the wrecked traders had opened long positions. 

The Opposite Effect

Besides removing certain trading pairs, Binance also often adds new ones to respond to ongoing market trends and enhance its services. The involved cryptocurrencies usually witness a substantial price resurgence following those actions.

Such was the case in November last year when the company listed Cow Protocol (COW) and Cetus Protocol (CETUS). Both assets saw their valuations skyrocketing by 70% shortly after the disclosure.

Several weeks ago, the meme coin launched on the BNB chain – Simon’s Cat (CAT) – also pumped significantly. This happened mere hours after Binance included it in its HODLer Airdrops Portal.

Solana’s (SOL) growth in the past 12 months has been impressive – and investors are starting to wonder how high its price could go.

With the network going from strength to strength, one analyst thinks the token could hit $380 at some point this year.

Meanwhile, the new layer-2 project Solaxy (SOLX) is also getting lots of attention.

Its presale has just passed the $9.2 million mark, showing strong investor appetite for projects building on top of Solana’s ecosystem.

Why Solana Was the Hottest Blockchain of 2024

Solana has had a great two years.

SOL’s price surged to an all-time high of $263 in November 2024, after starting 2023 around the $10 mark.

However, beyond SOL’s price action, the Solana network itself has undergone a significant transformation.

Once plagued by outages, the network has been without interruption for almost a year.

This newfound stability has attracted a surge of developers and users, with daily transactions often surpassing those of Ethereum.

Solana’s DeFi ecosystem has also exploded – with total value locked (TVL) sitting at $8.85 billion.

Most notably, Solana has become a force in DEX trading.

By the end of 2024, the network had processed an enormous $626 billion in trading volume, closely trailing Ethereum’s $674 billion.

In November, Solana even passed Ethereum’s all-time monthly record with $129 billion in volume.

This surge in activity shows just how much momentum Solana has gained recently.

Top Crypto Expert Thinks Cup & Handle Pattern Points to Huge Gains for SOL

The SOL token’s price has been a bit shaky recently.

SOL is down 11% since Monday, sitting at around $197, which is about 25% off its high from November.

It’s even been flipped by XRP and DOGE in daily spot trading volume.

But investors aren’t panicking, since MartyParty, a popular crypto commentator with a huge X (formerly Twitter) following, expects SOL to bounce back soon.

He spotted a classic “cup and handle” pattern forming on the 3-day chart – which usually means the price is about to take off.

Based on this pattern, MartyParty thinks SOL could rise to $382.

That might seem like a wild prediction, but it would only be a 93% jump from where the token is right now.

Considering how SOL tends to make these kinds of explosive moves, and how strong the Solana ecosystem is becoming, MartyParty’s forecast might not be so far-fetched.

New Layer-2 Scaling Solution Solaxy Raises Over $9M – Can it Pump Higher Than SOL?

With Solana potentially about to take off, everyone is watching the projects being built on it.

One that’s drawing lots of attention is Solaxy – a new layer-2 solution that aims to solve some of Solana’s biggest problems.

And it might be launching at just the right time.

Although Solana hasn’t had a network outage in almost a year, it sometimes struggles with congestion and failed transactions.

Solaxy’s goal is to help with this by processing transactions off-chain, bundling them up, and settling them on the main Solana network.

It’s like a traffic management system for the blockchain.

Solaxy has now raised $9.2 million in its presale phase, and some big names in the crypto world are taking notice.

Satoshi Stacker, a popular crypto analyst with over 320,000 YouTube subscribers, recently discussed Solaxy in a video.

He praised the project’s ambitions and predicted the SOLX token could be primed for an exciting 2025.

Right now, SOLX tokens are priced at just $0.001594 in presale.

The price will only last one more day before rising in the next presale stage – so those who wish to get in at the lowest price must act fast.

Those who do invest via the presale can also stake their SOLX right away for above-average yields.

So, while experts like MartyParty think SOL is about to rally, Solaxy might be another Solana-based project to keep an eye on.

Visit Solaxy Presale

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