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Bybit has announced the upcoming listing of Network3 (N3) on its Spot trading platform, with a timeline set for deposits, trading, and withdrawals. N3 deposits will open on January 21, 2025, at 10 AM UTC, followed by the listing on January 22, 2025, at 8 AM UTC. Withdrawals will commence on January 23, 2025, at 10 AM UTC. Users will be able to trade N3 via Spot Grid Bots, and deposits and withdrawals will be facilitated through the Solana network, enhancing the trading experience for users. To celebrate the listing, Bybit is hosting two special events aimed at rewarding users. The first event, titled "Token Splash - New User Exclusive," runs from January 21 to February 5, 2025. New users who register and complete identity verification can earn from a prize pool of 2,800,000 N3 by depositing at least 2,000 N3 or trading 100 USDT worth of N3. The first 4,666 new users to meet these criteria will each receive 600 N3. The second event, also called "Token Splash," invites users to trade at least 200 USDT worth of N3 during the same period to share in a 1,200,000 N3 prize pool, with rewards capped at 16,000 N3 per user. Network3 is a pioneering technology focused on creating a decentralized edge AI infrastructure. It utilizes advanced technologies such as AI model optimization, federated learning, and edge computing to support global AI developers in enhancing their model inference and training processes. With over 570,000 active nodes across 188 countries and a download volume exceeding 50 million, Network3 is positioned as a leader in building a fair and efficient AI ecosystem. The upcoming listing on Bybit marks a significant milestone for both the platform and the N3 project, promising exciting opportunities for traders and investors alike.

io.net, a leading decentralized physical infrastructure network (DePIN) protocol, has recently achieved Service Organization Control 2 (SOC 2) compliance, marking a significant milestone in its commitment to security and operational transparency. This certification indicates that io.net has undergone rigorous audits to ensure its systems are secure and that it adheres to high standards of data integrity. Gaurav Sharma, the technology chief of io.net, emphasized that this achievement not only benefits all users but is particularly appealing to enterprises that require partnerships with organizations maintaining top-tier data protection standards. Achieving SOC 2 compliance is often regarded as the gold standard in data security, providing io.net with a competitive edge in the market. The certification validates the protocol's robust security controls and standardized processes, which are crucial for defending against potential exploits and breaches. With a vision of offering decentralized GPU compute solutions, this certification lays a solid foundation for the protocol's future growth and expansion, allowing it to operate on a global scale while competing with industry-leading security standards. The DePIN sector, valued at approximately $27.9 billion, has seen significant trading activity, with io.net's native token, IO, ranking among the top 20 protocols in this space. With a market cap of $389 million, IO has demonstrated resilience and growth potential despite recent market fluctuations. Furthermore, io.net's collaborations with AI protocols, such as Injective and Alpha Network, aim to explore the intersection of blockchain and AI, positioning the protocol for potential leadership in the DePIN market in the near future.

Chirp, a decentralized physical infrastructure network (DePIN) built on the Sui blockchain, has officially launched its $CHIRP token on three prominent centralized exchanges: KuCoin, Gate.io, and MEXC Exchange. This launch comes after the successful Initial DEX Offering (IDO) for the Sui DePIN infrastructure layer, which aims to support the development and operation of decentralized physical infrastructure networks. With nearly 1 million users, Chirp is positioning itself as a leader in the rapidly growing DePIN space, connecting various Internet of Things (IoT) devices through blockchain technology. Tim Kravchunovsky, the CEO and founder of Chirp, expressed pride in the project’s progress, highlighting the choice of Sui as the foundational blockchain even before its testnet launch. He emphasized that the newly launched Sui DePIN infrastructure layer is ideal for a decentralized IoT and telecommunications project like Chirp. The $CHIRP token is integral to Chirp's ecosystem, incentivizing Keepers—operators of Chirp's antennas—to maintain their devices and support the network. Additionally, the token serves as a payment method for network usage and functions as a governance token within Chirp's voting system. Furthermore, the $CHIRP token is utilized in Kage, a play-to-earn (P2E) game launched by Chirp that encourages players to detect wireless networks using their smartphones. Since its debut in November 2024, Kage has attracted nearly 1 million players who have scanned over 850 million wireless networks worldwide. The geolocation data collected through this game is valuable across various industries, enabling applications such as indoor navigation and low-power geopositioning in challenging environments. Chirp's dual approach—combining a DePIN with a robust IoT platform—aims to create a sustainable ecosystem that empowers communities while delivering advanced IoT solutions.

Network3 is revolutionizing the decentralized Edge AI landscape by providing a robust infrastructure that empowers AI developers worldwide. This innovative platform leverages advanced technologies such as AI model optimization, federated learning, edge computing, and confidential computing to facilitate rapid and efficient model inference, training, and validation at scale. By moving beyond the constraints of centralized AI systems, Network3 is committed to creating a more equitable, efficient, and democratic AI ecosystem that benefits all stakeholders involved. Built on the IoTeX blockchain, Network3 utilizes IoTeX's DePIN modular infrastructure, which includes ioID and data verification modules, to ensure secure and transparent decentralized applications. This integration not only enhances the reliability of data exchange but also supports the growth of the DePIN ecosystem. Additionally, the introduction of the N3 Edge V1 mining machine allows participants to engage in $IOTX dual-mining, thereby expanding the network's global node user base. This collaboration with IoTeX provides a scalable and secure Edge AI solution, enabling developers to innovate confidently while maintaining data integrity. The highly anticipated $N3 token will be launched on January 22 at 8:00 AM (UTC) during its Token Generation Event (TGE). The smart contract for the $N3 token will be deployed on Ethereum, with simultaneous launches on IoTeX and Solana chains to enhance accessibility and scalability. This multi-chain strategy promotes interoperability, allowing users from different ecosystems to connect and contribute to Network3's growth. To celebrate this launch, Network3 is also conducting a community airdrop of 50 million $N3 tokens, aimed at rewarding early supporters and encouraging active participation within the ecosystem.

Filecoin (FIL) has recently shown signs of a potential bullish reversal after breaking out of a falling wedge pattern on the 8-hour chart. At the time of writing, FIL was priced at $5.40, down 7.37%, raising questions about the sustainability of this bullish move. The immediate resistance level is set at $6.059, which must be breached for further gains. On the downside, a solid support level at $4.774 could prevent a deeper correction, but the market's overall sentiment remains cautious as traders exhibit hesitation following the breakout. The funding rates on Binance for FIL are slightly positive at 0.01%, indicating a marginally bullish sentiment among traders. However, the lack of significant spikes in funding rates suggests a general absence of conviction in the market. For FIL to experience a meaningful rally, these funding rates need to increase, reflecting a rise in demand. Additionally, the social metrics for FIL are surprisingly low, with only 8 mentions recorded, indicating limited engagement from retail traders. This lack of social activity could hinder the potential for a market rally, as broader community interest is often necessary for sustained momentum. Technical indicators present a mixed outlook for Filecoin. The DMI shows a slight bearish dominance, while the ADX indicates a weak trend. Furthermore, the RSI is at 49.05, suggesting neutral momentum. The recent decline in Open Interest by 5.79% to $324.7M signals reduced market activity and a lack of confidence among traders. For FIL to maintain its bullish trajectory, it will need to breach the critical resistance level, improve social metrics, and see a rise in funding rates and Open Interest. Without these factors, sustaining upward momentum may prove challenging.

In the ever-evolving landscape of cryptocurrency, certain projects are demonstrating remarkable resilience and growth, while others struggle to maintain relevance. Recent updates highlight Cardano's impressive price growth, which surged by 12% over the past week, despite a slight dip to $1.064. This upward momentum is attributed to the network's innovative upgrades, particularly in on-chain governance, which enhance its scalability and utility. Furthermore, the addition of Cardano to Robinhood Markets has broadened its accessibility for U.S. traders, reinforcing its position as a significant player in the blockchain ecosystem. Analysts are optimistic, projecting that if current trends continue, ADA could reach as high as $6, making it a key asset to monitor in 2025. On another front, Filecoin is solidifying its dominance in the decentralized physical infrastructure networks (DePIN) sector with strategic advancements in decentralized storage solutions. The recent "nv23" upgrade, dubbed Waffle, has significantly improved performance and interoperability with Ethereum, paving the way for new cross-chain integrations. Additionally, Filecoin's collaboration with SingularityNET aims to revolutionize AI model training by utilizing secure and decentralized storage. These developments not only enhance Filecoin's utility within the Web3 infrastructure but also attract developers and enterprises, positioning it as a leader in the decentralized storage space. Amidst these established players, a new contender, Web3Bay, is emerging with the ambition to redefine the $5 trillion e-commerce industry through blockchain innovation. By eliminating intermediaries, Web3Bay promises a transparent and user-friendly shopping experience, rewarding participants with its 3BAY token. With $830,000 raised in its presale and features like NFT marketplaces and DeFi staking on the horizon, Web3Bay presents a compelling opportunity for investors seeking long-term growth in the Web3 space. As the presale progresses, early participants could see substantial returns, making this an exciting time for those looking to invest in the future of decentralized e-commerce.