PA Daily: Binance Alpha to List HAEDAL; 45.4% of Korean Investors Expect BTC to Outperform Gold

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The cryptocurrency market continues to evolve with key developments across exchanges, regulatory landscapes, and investor sentiment. From major platform listings to shifting macroeconomic expectations, this update delivers a comprehensive overview of the latest trends shaping the digital asset space in 2025.


Market Momentum and Investor Outlook

Recent data reveals growing confidence in Bitcoin’s long-term value proposition. A joint survey by Coinness and Cratos found that 45.4% of Korean investors believe Bitcoin (BTC) will outperform gold over the next six months. This reflects a broader shift toward viewing BTC as a viable alternative to traditional safe-haven assets amid global economic uncertainty.

In the short term, 46.2% of respondents expect Bitcoin to rise or surge in the coming week, while only 14.9% anticipate a decline. Market sentiment remains cautiously optimistic, with 31.5% expressing bullish views and 49.9% adopting a neutral stance. Despite gold still holding appeal for 27.9% of investors, Bitcoin's momentum is undeniable.

👉 Discover how market sentiment shapes crypto trends and where smart money is moving next.


Exchange and Platform Developments

Binance Alpha to Launch HAEDAL Token

Binance Alpha has announced the upcoming listing of Haedal Protocol (HAEDAL), a流动性质押 solution built for the Sui ecosystem. Trading will go live on April 29, 2025, marking a significant milestone for the project following its seed round backed by Hashed and Animoca Ventures.

This launch underscores Binance’s continued support for innovative Layer 1 and Layer 2 ecosystems, particularly those enhancing staking efficiency and capital utilization.

BONK Launches Meme Coin Creation Platform

In another move highlighting the enduring popularity of meme culture in crypto, BONK has unveiled Letsbonk.Fun, a new platform enabling users to create and launch their own meme coins. Developed in collaboration with Raydium, the platform will direct a portion of fees toward securing the Solana network via BONKsol validators and executing buybacks and burns of the BONK token.

This initiative could further solidify BONK’s position as a leading meme coin on Solana, especially after its recent 55.7% price surge driven by tokenomics improvements and NFT acquisitions.


On-Chain Activity and Whale Movements

A notable on-chain transaction caught the attention of analytics firm Lookonchain: a savvy trader swapped 1.18 million Fartcoin tokens—worth $1.22 million—for 78,671 **TRUMP** tokens just 18 hours ago. This strategic pivot follows a flawless track record of five profitable trades in Fartcoin, yielding a total gain of $669,000.

Meanwhile, unusual movements have been detected in the BIO token ecosystem. Multiple whale addresses among the top 20 holders have transferred large volumes to unidentified wallets. Notably, Sigil Fund withdrew 4.5 million BIO tokens (~$330,000) from exchanges, coinciding with price lows. The fund’s CEO, Zee Prime—also known as DevmonsGG—has been actively rebalancing positions while holding VC-allocated supply now entering circulation.


Regulatory and Institutional Trends

IMF Confirms El Salvador Halts Public Bitcoin Purchases

The International Monetary Fund (IMF) has confirmed that El Salvador has ceased using public funds to purchase Bitcoin. While the country remains committed to its Bitcoin adoption strategy, this pause signals a more cautious fiscal approach under ongoing economic scrutiny.

Nike Faces Legal Action Over NFT Business Shutdown

Nike is facing a class-action lawsuit filed in Brooklyn federal court by investors who purchased NFTs through its now-defunct RTFKT division. Plaintiffs allege that the abrupt closure in December 2024 caused significant financial losses due to plummeting NFT demand. They argue that had they known these digital assets might qualify as unregistered securities—or that Nike would exit the space abruptly—they would not have invested at prevailing prices.

The suit claims violations of consumer protection laws in multiple U.S. states and seeks over $5 million in damages.

Arbitrum Exits NVIDIA Accelerator Program

Arbitrum Foundation has withdrawn from NVIDIA’s Ignition AI Accelerator Program after the chipmaker imposed restrictions on public disclosure of their collaboration. Originally set to be the sole Ethereum-based project in the program, Arbitrum cited lack of long-term commitment from NVIDIA toward blockchain innovation as a key reason for departure.

Despite losing access to AI development resources and cloud credits, the team emphasized it will continue seeking partners fully aligned with decentralized principles.


Analyst Insights and Price Forecasts

Willy Woo: Bitcoin Fundamentals Turn Bullish

Renowned on-chain analyst Willy Woo asserts that Bitcoin’s fundamentals have shifted into bullish territory. He highlights increasing capital inflows into the network and improving liquidity conditions, which reduce downside risks.

While short-term price action may remain range-bound due to elevated on-chain valuations, Woo sees strong potential for gradual upward movement toward $103,000—the new intermediate target following previous milestones at $90,000 and $93,000.

Traditional finance channels now recognize certain crypto-backed instruments as acceptable collateral, easing regulatory friction and opening doors for institutional participation.

10x Research: Altcoin Surge Driven by Institutional FOMO

According to 10x Research, recent altcoin rallies are fueled by converging forces: institutional fear of missing out (FOMO), DeFi resurgence, ecosystem expansions, and improving regulatory clarity.

Notable performers include:

Even politically charged tokens like TRUMP surged 86% after news of a planned donor dinner, showing investor appetite transcends conventional narratives.

👉 See how institutional capital is reshaping the altcoin landscape in real time.


Frequently Asked Questions (FAQ)

Q: Why are Korean investors increasingly favoring Bitcoin over gold?
A: Many see Bitcoin as a more dynamic store of value with higher growth potential, especially given its fixed supply and increasing adoption in financial infrastructure.

Q: What does HAEDAL bring to the Sui ecosystem?
A: HAEDAL offers liquid staking solutions, allowing users to maintain liquidity while earning staking rewards—improving capital efficiency across DeFi applications.

Q: Is TRUMP token’s rally sustainable?
A: While political tokens often experience volatility around events, sustained volume and exchange listings suggest some level of market validation beyond pure speculation.

Q: How can investors protect themselves during periods of low volatility?
A: Focus on projects with strong fundamentals, active development, and real-world use cases—these tend to outperform during consolidation phases.

Q: What impact does Nike’s NFT lawsuit have on brand-backed digital collectibles?
A: It underscores the legal risks of launching digital assets without clear exit strategies or regulatory compliance frameworks.

Q: Why did Arbitrum leave NVIDIA’s accelerator?
A: Due to undisclosed restrictions on public communication about the partnership, signaling a misalignment in values regarding transparency and blockchain advocacy.


Final Thoughts

As the crypto market navigates post-hype cycles and regulatory scrutiny, innovation persists at both technical and financial levels. From account abstraction progress highlighted by Vitalik Buterin to institutional-grade infrastructure like Alpaca’s API platform—which recently raised $52 million—2025 is shaping up to be a year of maturation.

Whether it's retail traders capitalizing on meme coin volatility or whales strategically rebalancing portfolios, one theme remains clear: informed decision-making powered by on-chain data and macro awareness is more critical than ever.

👉 Stay ahead with real-time insights and tools designed for next-generation investors.