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New Investment Opportunities in the Web3 and AI: BYDFi Launches VIRTUAL, CLANKER, and GRIFFAIN

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[PRESS RELEASE – Seychelles, Seychelles, January 2nd, 2025]

Amid the deep integration of Web3 and AI technologies, the BYDFi cryptocurrency exchange has recently launched three forward-looking AI concept tokens—VIRTUAL, CLANKER, and GRIFFAIN—providing global investors with the opportunity to tap into emerging markets.

VIRTUAL: A Leader in the AI Agent Ecosystem

VIRTUAL, the native token of Virtuals Protocol, has been recognized by Grayscale as one of the “Top 20 High-Growth Potential Tokens.” Currently, VIRTUAL has a market cap of $3.4 billion, ranking 43rd in cryptocurrency market capitalization. According to data from GMGN, it always tops the ranking among tokens on the BASE blockchain. Currently, the price of VIRTUAL is $3.49, with a 30-day ROI of 117% and an increase of 23,757.6% in the past year. Lookonchain monitoring revealed that 19 days ago, an investor purchased 4.25 million VIRTUAL tokens for 10 million USDC at an average price of $2.39 per token. Tokens that are now worth $21.5 million.

The market performance of VIRTUAL is largely driven by the rapid growth of the AI Agent ecosystem. As a leading project in this space, Virtuals Protocol is emerging as a “production factory” for decentralized AI Agents, providing robust support for their development and deployment.

Jansen Teng, co-founder of Virtuals Protocol, stated: “We have launched over 11,000 AI agents to date, with more than 140,000 Virtuals token holders and cumulative revenue exceeding $35 million. We are exploring various use cases for autonomous AI agents (Autonomous Agents), including applications on social media platforms like TikTok.”

CLANKER: The “Dark Horse” of the Token Market

Clanker is an AI token issuance platform based on Farcaster. It simplifies the process of issuing token assets. The project was developed by Jack Dishman, a full-stack engineer at Farcaster, and ecosystem developer @proxystudio.eth. The first meme token issued by Clanker is CLANKER itself. As of the time of writing, its price stands at $73.96, with a market capitalization of $73.33 million.

Previously, Clanker co-founder @proxystudio.eth responded to MetaMask co-founder Dan Finlay, stating that the team is upgrading the Clanker smart contract to allow users to directly claim a 40% revenue share (including ETH and tokens).

GRIFFAIN: An AI Solution on the Solana Blockchain

Griffain is an innovative project in the Solana ecosystem, leveraging the unique synergy between cryptocurrency and artificial intelligence to theoretically perform almost any task. Based on use cases shared on the social platform X, Griffain’s capabilities go beyond those of traditional chatbots. Users can directly purchase alcoholic beverages via Griffain and complete transactions using cryptocurrency or other payment methods—all, within the chat interface. Additionally, Griffain can assist users in selecting and purchasing Christmas gifts, offering a seamless, one-stop shopping experience without leaving the chat window.

Being one of the closest projects to the “Agentic APP” concept, Griffain has received the support of many different influencers in the Solana ecosystem. According to the latest market data, its native token once reached a market capitalization of $400 million, pulling back a bit now, with a token price of $0.289.

Accessing BYDFi for Trading AI-Concept Tokens

Currently, BYDFi enables users to easily trade many well-known AI concept tokens by visiting BYDFi website or through the BYDFi app, like some of the newly launched popular tokens: GRIFFAIN, VIRTUAL, and CLANKER. Other highly sought-after AI concept tokens such as AICell, MONKY, FROG, and LUNAI are now also available for trading on the BYDFi platform.

About BYDFi

Founded in 2020, BYDFi has earned the trust of millions of users worldwide through its commitment to optimizing user experience and continuous innovation. Recognized by Forbes as one of the Top 10 Best Global Crypto Exchanges , the platform offers spot trading for over 600 cryptocurrencies as well as flexible leveraged trading options ranging from 1x to 200x. By partnering with internationally renowned payment service providers such as Banxa, Transak, and Mercuryo , BYDFi has simplified the crypto purchasing process, enabling users to buy crypto with ease and at low costs .

BYDFi is dedicated to building a world-leading crypto trading experience for users. BUIDL Your Dream Finance

For inquiries and support, users can reach via the following:

  • Website: https://www.bydfi.com
  • Support Email: CS@bydfi.com
  • Business Partnerships: BD@bydfi.com
  • Media Inquiries: media@bydfi.com

Users can stay connected with BYDFi through their social media platforms:

Twitter( X ) | LinkedIn | Facebook | Telegram | YouTube

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Cryptocurrency

Ripple (XRP) News Today July 30th

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The last few weeks have been quite turbulent for XRP and the company behind it. In this article, we will check the latest updates involving the two and analyze the token’s price dynamics.

Has the Ripple/SEC Battle Concluded?

The major developments in the legal battle between Ripple and the US Securities and Exchange Commission (SEC), more specifically, the company’s court wins, have left some with the expectation that the tussle is over.

Just recently, the American lawyer Bill Morgan said the regulator has not withdrawn its appeal yet. He emphasized that the Commission faces no formal deadline to do so, though it is required to submit a status update to the appeal court by August 15.

The legal contest refers to a court decision in 2023. Back then, Judge Analisa Torres ruled that Ripple’s sales of XRP tokens on secondary markets are not securities. The SEC appealed the ruling, while the company filed a cross-appeal, which was later withdrawn.

Earlier this year, the two parties jointly requested that the appeals be paused to allow time for a potential settlement. The court respected their wish but required the regulator to file a status report by mid-August. Many believe that if the SEC agrees to withdraw its appeal, it could mark the final resolution of the case.

To the uninitiated, it all started in December 2020 when the Commission filed a lawsuit against Ripple, accusing it of conducting an unregistered securities offering by selling XRP tokens. Initially, it sought a whopping fine of $2 billion, while years later, Judge Torres ruled a penalty of $125 million. Moreover, the SEC and Ripple shook hands on an even smaller sum of $50 million.

RLUSD Keeps Progressing

One trending asset within Ripple’s ecosystem is the USD-pegged stablecoin, RLUSD. The product, which officially debuted in December of last year, recently saw its market capitalization soar past $500 million and caught the eye of some major financial players.

As CryptoPotato reported, the asset was recognized by the Dubai Financial Services Authority (DFSA) as a crypto token within the Dubai International Financial Center (DIFC), while the oldest US bank, BNY Mellon, agreed to serve as a custodian for RLUSD.

Meanwhile, the stablecoin’s market cap continued to grow in the following weeks and currently stands at approximately $577.6 million. 

Spot XRP ETF Incoming?

Several XRP exchange-traded funds have popped up in the United States over the past several months. However, all of them are futures-based, and you can check the details here.

The XRP army has been eagerly awaiting the launch of a spot XRP ETF, which is expected to have a more significant impact on the price of the underlying token.

Some of the well-known firms willing to launch such a product include Bitwise, Grayscale, Franklin Templeton, WisdomTree, and more. According to Polymarket, the approval odds before the end of the year stand at around 87%. 

XRP ETF Chances
XRP ETF Chances, Source: Polymarket

XRP Price Outlook

Ripple’s native token exploded to a new all-time high of $3.65 in mid-July, but since then, it has been on a downtrend, currently trading at around $3.08 (per CoinGecko’s data). 

However, some important factors suggest this could be a temporary correction, followed by another rally. Large investors, for instance, have acquired 60 million XRP tokens in the last 24 hours. This shows strong confidence in the asset and could encourage other smaller players to jump on the bandwagon, too. 

The amount of tokens stored on exchanges has been declining lately, suggesting that holders might have moved their funds into cold storage. This, in turn, reduces the immediate selling pressure. 

Last but not least, the number of XRP wallets keeps growing, hinting at solid user engagement and rising interest in the network. The figure reached a peak of 7.2 million on July 21 and is currently inching towards 7.3 million.

XRP Addresses
XRP Addresses, Source: CryptoQuant
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Cryptocurrency

Solana (SOL) Plunges by 10% Weekly, But This Market Signal Says ‘Buy the Dip’

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TL;DR

  • Analysts point to certain indicators that suggest SOL could be poised for a rally in the near future. Some of the biggest optimists believe the price could soar to a new all-time high of $400.
  • SOL’s RSI hovers just above 30, signaling oversold conditions. Combined with increased token withdrawals from crypto exchanges, this could reduce sell pressure and hint at a possible short-term recovery.

Buying Opportunity?

Solana’s SOL has declined by over 10% in the past week, currently valued at around $177 (according to CoinGecko’s data). However, the X user, Ali Martinez, estimated that the TD Sequential indicator has flashed a buy signal.

The analyst isn’t the only one with a bullish stance following the price drop. One X user claimed SOL “is setting the pace,” predicting a pump to as high as $400. 

“Ignore the noise. This isn’t hype, it’s a shift in momentum. Smart money isn’t chasing later – it’s positioning now. Solana season is real,” they added. 

BitBull thinks SOL’s current price performance resembles that of 2023, which was followed by a major breakout. The analyst argued that the activity in the Solana network is still strong, while institutional inflows “are coming.”

“All it needs now is a weekly close above $230, and SOL parabolic run will start,” the X user suggested.

AlejandroBTC stands in the opposite corner, claiming there’s no real momentum, while exit liquidity is “getting thinner by the day.” The analyst forecasted that SOL’s price could continue to plunge, warning investors that the altcoins are not in a bull market. 

Observing Other Metrics

Over the past several months, the shift of SOL tokens from crypto exchanges toward self-custody methods has been more than evident. This results in reduced immediate selling pressure.

SOL Exchange Netflow
SOL Exchange Netflow, Source: CoinGlass

Solana’s Relative Strength Index is the next technical analysis tool we will touch upon. It tracks the speed and magnitude of recent price changes and helps traders identify overbought or oversold conditions. The metric varies from 0 to 100, and ratios around or below 30 suggest SOL could be headed for a rebound, while anything above 70 is considered bearish territory. Currently, the RSI stands at just over 30. 

SOL RSI
SOL RSI, Source: CryptoWaves
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Ethereum ETF Inflows Soar in July, Outpacing Last 11 Months Combined

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Ethereum’s 10th anniversary is proving to be more than symbolic. As the network celebrates a decade since mining its genesis block on July 30, data shows a record-breaking surge in institutional demand.

Spot Ethereum ETFs recorded $5.41 billion in net inflows in July alone, surpassing the combined capital entries of the previous 11 months, which stood at $4.21 billion as of June 2025.

Institutional Investment Pushes ETH Into a New Phase

Data from SoSoValue shows that ETH ETFs have had $9.62 billion in cumulative fund deposits since their launch in July 2024. However, the inflows haven’t been consistent.

After a rocky start, with $483 million in outflows in their first month, the ETFs saw steady growth. They hit 10 figures for the first time in November 2024, when $1.05 billion came into the funds, followed by an even more impressive $2.08 billion the following month.

The first quarter of 2025 was more muted. January and February saw a combined $161.23 million in new capital before a poor showing in March led to more than $403 million flowing out of the ETFs.

Since then, the products have been on a tear, with investment activity growing exponentially month after month, to finally hit $5.41 billion in July. The explosion suggests a shift from institutional caution to aggressive accumulation, with ETH emerging as the clear beneficiary of this sentiment shift.

Data from SoSoValue shows that BlackRock’s ETHA alone now holds $11.39 billion in assets, while Grayscale’s ETHE remains in recovery after $4.31 billion in cumulative withdrawals. Together, these movements have pushed Ethereum ETF assets to $21.61 billion, which is about 4.75% of ETH’s market cap.

Price Momentum Builds as ETH Nears $4K

The price of ETH has also seen a fair amount of growth recently. At the time of writing, it was trading at $3,786, up 3.1% over the past week and 19.6% in the last fortnight despite a 2.4% dip in the previous 24 hours amid profit-taking.

It has also climbed 53.3% across 30 days, moving from around $2,470 to approach the $3,900 range, even briefly touching $3,933 before retracing.

QCP Capital has cautioned that derivatives positioning and overheated funding rates may create near-term resistance around $4,000, yet the structural tailwinds from ETF demand remain intact. If these fund flows persist, Ethereum could not only challenge its November 2021 all-time high of $4,878 but also cement itself as the centerpiece of a potential altcoin-led market cycle.

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