AIXBT Crypto Price

Cetus Protocol Vulnerability: A calculation precision vulnerability in the Cetus Protocol has led to the exploitation of 24 million SUI tokens, raising concerns about security standards in DeFi systems.

Ongoing Investigation: SlowMist is investigating the incident with no asset recovery reported so far, and the exploit may lead to increased scrutiny of coding practices within DeFi protocols.

Dogecoin and Sui Performance: Dogecoin has rebounded with a 20% weekly gain, approaching a breakout level near $0.1850, while Sui maintains its upward momentum, targeting resistance levels of $4.00 to $4.20 amid growing market interest.

Cold Wallet's Long-Term Potential: Cold Wallet ($CWT) is gaining traction as a privacy-focused cryptocurrency with a presale price of $0.00788, offering utility and security features that position it as a strong contender in the crypto market for 2025.

InfiniSVM Devnet Launch: Solayer has launched the InfiniSVM Devnet, a hardware-accelerated blockchain network capable of over 1 million transactions per second (TPS) with sub-second finality, marking a significant advancement in blockchain technology and enhancing SVM compatibility for developers.

Market Impact and Token Surge: Following the launch, the LAYER token's price surged by 60%, reflecting investor confidence and speculation about potential market shifts, while experts predict that this development could significantly influence blockchain scalability and the creation of innovative financial products.

Recent Performance and Investor Interest: Pi Network ($PI) has experienced a 30% monthly increase, driven by a $100 million venture fund aimed at expanding its ecosystem, despite ongoing concerns about rug pull allegations and limited real-world utility.

Market Sentiment and Future Prospects: While the project shows potential for growth with a market cap near $6 billion, skepticism remains due to transparency issues; achieving sustainable success will depend on overcoming resistance levels and delivering on ambitious goals.