
April 18th, 2025
The new 1inch mobile wallet app expands the network functionality by offering the best possible transaction rates for instant execution of trades.
While there are increased expectations that the 1inch token will be used for greater utility in the broader network as been envisaged, the token has seen organic growth this year amid the ongoing DeFi boom.
Coinbase Pro continues to explore new digital assets to add to their platform. On Wednesday, April 7 it announced it is listing a number of tokens that have shown promise to investors and passed their standards.
The Messari study showed that Coinbase listings bring much more returns to investors in comparison to other exchanges like Gemini, Binance, Kraken, FTX, and OKEx.
Gemini said that this decision comes amid its efforts to support projects that redefine the boundaries of finance, gaming, and art, and offer more financial independence.
With this, the 1INCH token will serve as a bridge between the Binance Smart Chain and the Ethereum blockchain. Also, all features of 1inch Liquidity Protocol, 1inch Aggregation Protocol and all 1INCH staking features will become available to BSC users.
1inch said that there will be no vesting schedule and that its liquidity providers will be able to collect their rewards once the 1INCH token has been issued.
DeFi markets are seeing a sharp correction amid heavy profit-booking in the market. Over the last week, top DeFi tokens registered double-digit corrections. The positive indicator is DeFi users have multiplied by 3x over the last three months.
Through this new partnership, 1inch users will get the best rates for TRON assets. Moreover, liquidity providers on the TRON blockchain will benefit from Mooniswap’s virtual balances.
Since the launch, SRM’s trading volume has exceeded $350 million in the first twelve hours. The Serum token is native to the Serum DEX.