Virtuals Moves $700M VIRTUAL to Chainlink CCIP Post KelpDAO Exploit
- Security Layer Migration: Virtuals is migrating over $700 million in VIRTUAL to Chainlink CCIP to establish a new security layer for its AI-agent ecosystem, a move prompted by the $290 million KelpDAO exploit, highlighting the critical importance of cross-chain security.
- Cross-Chain Payment Support: This migration provides VIRTUAL with a new cross-chain pathway, facilitating agent payments, liquidity movement, and DeFi integrations, ensuring the safety of liquidity and transactions in multi-chain environments, which directly impacts user experience and market confidence.
- Market Reaction Acceleration: The KelpDAO incident has led multiple protocols to reassess their cross-chain security strategies, with Chainlink CCIP benefiting from its defense-in-depth features, resulting in over $4 billion in DeFi value shifting toward Chainlink, reflecting the urgent market demand for security.
- AI-Agent Application Expansion: The migration adds an AI-agent dimension to Chainlink CCIP's applications, ensuring that automated systems can safely transfer value and make payments, further driving Chainlink's integration and application in both DeFi and AI sectors.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI). As of , Sleepless AI (AI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 4 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00756 | 0.0138 | 0.0195 | 0.0257 | 0.0314 | 0.0376 | 0.0433 |
| Fibonacci | 0.0138 | 0.0183 | 0.0211 | 0.0257 | 0.0302 | 0.033 | 0.0376 |
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