The cryptocurrency and blockchain landscape continues to evolve at a rapid pace, with new tokens, NFTs, and decentralized applications capturing user attention across multiple chains. Over the past 24 hours, significant developments have unfolded — from major airdrop launches and record-breaking gas consumption events to rising social sentiment and expanding cross-chain integrations. This deep dive explores the latest movements across key ecosystems, spotlighting trending projects, user behavior shifts, and emerging opportunities in Web3.
🔍 Core Market Highlights
Several digital assets and platforms are driving current market momentum:
- Blur has opened its Season 2 airdrop claims and launched Season 3, rewarding active NFT traders through a points-based system.
- XONE, the new token by XEN founder Jack Levin, completed minting with massive gas usage — briefly becoming the top gas consumer on Ethereum.
- Jupiter Exchange revealed details of its highly anticipated JUP token airdrop, allocating 10% of supply to early users.
- Pyth Network is preparing for a large-scale retroactive airdrop, increasing total distribution to 255 million PYTH tokens.
- SushiSwap expanded onto Aptos, marking its first deployment on a non-EVM blockchain.
These developments reflect growing activity in DeFi, NFTs, Layer 2s, and cross-chain infrastructure — signaling continued innovation despite broader market consolidation.
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🌐 Ethereum Chain Activity: User Growth & Gas Spikes
Active User Metrics (Last 24 Hours)
Ethereum remains a central hub for high-impact blockchain activity. The network recorded 429,207 active wallets, with notable growth trends:
- New active users: 95,788 (+40.08% vs. previous day)
- Existing active users: 333,419 (+11.88%)
This surge was largely driven by speculative minting events and increased engagement with NFT trading platforms.
XONE Token Mint Drives Record Gas Usage
Jack Levin, creator of the viral XEN project, launched XONE, a new ERC-20 token with a capped supply of 500 million. Within just three hours of launch:
- Over $1.12 million in gas fees (≈559 ETH) were spent
- Gas prices spiked above 100 gwei during peak congestion
- More than 23,260 unique addresses now hold XONE
However, post-mint performance has been underwhelming:
- Liquidity remains low (<$150K)
- Price action lacks strong upward momentum
- Smart contract includes a "self-destruct" function — a known red flag
Despite these risks, the event highlights sustained interest in community-driven token launches.
Why XEN Saw Increased Demand
XONE's minting rules required either:
- Holding 10 VMPX tokens, or
- Owning 1 million XEN tokens
to qualify for a higher-tier mint (10,000 XONE vs. 1,000). This created artificial demand for XEN, temporarily boosting its trading volume and holder activity.
🖼️ NFT Ecosystem Update
Blur’s L2 Venture: Blast
Blur’s founder Pacman announced Blast, a new Layer 2 network designed as a generalized scaling solution. Key features include:
- Native yield-bearing ETH deposits
- Optimized for NFT and DeFi composability
- Developer airdrop set to launch alongside testnet in January
Notably, whale investor Christian deposited over 500 ETH into Blast — an early signal of confidence.
Carv Events: Gamified Achievement NFTs
Carv, often described as “Galxe for gaming,” enables players to earn verifiable credentials as NFTs. With over 52,396 NFT holders, it's gaining traction among GameFi users who value on-chain achievements and social recognition.
Carv integrates with various game titles and offers reward mechanisms tied to player milestones — making it a promising player in the credentialing space.
Fren Pet: Base-Chain Pet Game Gains Traction
Inspired by friend.tech, Fren Pet is a cross-chain pet-raising game built on Base. Features include:
- Floor price: 0.0066 ETH
- Total trading volume: 0.2225 ETH
- Developed by Adam (@surfcoderepeat) and Cadu (@cadu_veloso)
While experiencing brief downtime due to unexpected traffic spikes, the team quickly resolved issues — demonstrating responsiveness and technical capability.
💸 DeFi & DApp Developments Across Chains
Jupiter Exchange Launches JUP Airdrop
Solana’s leading DEX aggregator, Jupiter Exchange, unveiled its tokenomics:
- Total supply: 10 billion JUP
- 40% allocated to community via four rounds
- First round: 1 billion JUP distributed to 955,000 eligible wallets that interacted before November 2
Future drops will target new users, ensuring long-term ecosystem inclusivity.
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SushiSwap Expands to Aptos
In a major interoperability move, Sushi launched on Aptos, a non-EVM blockchain. This marks:
- Sushi’s first deployment outside EVM-compatible chains
- Introduction of v2 AMM and upcoming SushiXSwap
- Cross-chain swaps now possible between Aptos and 30+ networks including Ethereum, Arbitrum, Polygon, and Base
This expansion underscores Sushi’s commitment to becoming a truly omnichain DeFi platform.
Rarible Introduces RaribleX for Brands
Rarible launched RaribleX, a turnkey NFT marketplace solution tailored for Web2 brands entering Web3. Built on Rarible API, it allows companies to:
- Launch branded digital collectibles
- Manage royalties and secondary sales
- Engage fans through customizable storefronts
This move bridges traditional marketing with blockchain-based ownership models.
🔗 Cross-Chain & Infrastructure Projects
Orbiter Finance: zk-Powered Cross-Chain Bridge
Orbiter continues to gain traction as a fast and cost-efficient bridge between Layer 1s and Layer 2s. Utilizing zero-knowledge proofs, it enables:
- Near-instant asset transfers
- Lower fees compared to competitors
- Transparent analytics dashboard for DApp monitoring
Though still without a native token, Orbiter is widely used by power users navigating multi-chain environments.
The Graph Expands on Arbitrum
The Graph’s integration with Arbitrum has entered its third phase:
- Reduced query costs for dApps
- Enhanced scalability for indexing blockchain data
- Participation in global Web3 events to drive adoption
As foundational infrastructure, The Graph plays a critical role in enabling efficient data access across decentralized networks.
🔥 Trending Assets Beyond Ethereum
BRC-20 Token csas Gains Momentum
On Bitcoin’s BRC-20 layer, csas is emerging as one of the most discussed new tokens — alongside ORDI, sats, and rats. Future plans include:
- BRC-20 Trending Bot
- Inscribe Bot and Swap Bot
- Bridge functionality for cross-chain transfers
With growing tooling expectations, csas could become a utility-focused asset in the BRC-20 ecosystem.
PYTH Network Airdrop Fuels Search Surge
Pyth Network’s retroactive airdrop announcement boosted global visibility:
- Initial 200 million PYTH tokens expanded to 255 million
- Claim window opens November 20 at 22:00 Beijing Time
- Eligibility based on DeFi participation history
- Claim period valid for 90 days (until February 18, 2024)
Search interest spiked worldwide — particularly in Europe and English-speaking regions — reflecting strong community anticipation.
📊 Frequently Asked Questions (FAQ)
Q: How can I claim the Blur Season 2 airdrop?
A: Visit Blur’s official platform and connect your wallet. If you participated in NFT trading during Season 2, your rewards should be automatically detectable. Follow the on-screen prompts to complete withdrawal.
Q: Is XONE safe to trade or invest in?
A: Exercise caution. While XONE generated buzz due to high gas usage during minting, its liquidity is low and the contract contains risk factors like a self-destruct function. Always conduct independent research before trading.
Q: What is Blast by Pacman?
A: Blast is a new Layer 2 network founded by Blur’s creator. It aims to offer scalable infrastructure with native yield on ETH deposits. A developer airdrop is expected when the testnet launches in January.
Q: Who qualifies for the Jupiter JUP airdrop?
A: Any wallet that directly interacted with Jupiter Exchange before November 2 is eligible for the first round. Over 955,000 wallets qualify. Future rounds will include new users.
Q: Can I use SushiSwap on Aptos?
A: Yes. Sushi has deployed its v2 AMM on Aptos and plans to roll out SushiXSwap soon. Users can now swap tokens across Aptos and more than 30 other blockchains via Sushi’s omnichain routing.
Q: When does the Pyth Network airdrop start?
A: The retroactive PYTH airdrop opens on November 20 at 22:00 Beijing Time (UTC+8). Participants have 90 days to claim their tokens.
🔎 Final Thoughts & Outlook
The current Web3 landscape reflects a maturing ecosystem where innovation spans multiple layers — from base protocols and scaling solutions to user-facing applications in DeFi, NFTs, and GameFi. Projects like Blur, Jupiter, and Sushi are not only launching tokens but building sustainable ecosystems through incentives and cross-chain expansion.
Meanwhile, speculative events like the XONE mint highlight both the excitement and risks inherent in early-stage crypto projects. As always, user education and due diligence remain essential.
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Keywords: Blur airdrop, XONE token, Ethereum gas fees, JUP token airdrop, Pyth Network airdrop, SushiSwap Aptos, BRC-20 csas, Carv NFT