Today's News Recap

Base Expansion - Coinbase’s wrapped XRP and DOGE tokens go live on Base platform. 

Regulators Ready - Hong Kong prepares to allow crypto derivatives trading, signaling regulatory progress.

Dog Days - Dogecoin struggles to reclaim $0.19 amid persistent bearish sentiment, despite its 10th anniversary milestone.

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Messari Protocol Reporting

Messari's protocol reports give you a deep dive on the foundation and state of top crypto protocols, including key metrics and notable events. See the complete list of protocol reports here and get a preview of our latest report below.

  • Lending/borrowing platform on BNB Chain, Base, zkSync, Ethereum, and others

  • Algorithmic interest rates and governed by XVS tokenholders

  • Daily active users rose 13.8% QoQ to 887

  • “Quantum Singularity” proposal targeting AI, RWAs, and DeFi SuperApp ambitions

  • Hong Kong-based venture studio

  • building crypto and AI infrastructure, including Edgen AI

  • Edgen AI is a crypto-native market intelligence platform

  • Proprietary multi-agent system (EDGM) to route user queries

  • Using an object-based model for parallel transaction processing

  • Record DEX activity in Q1 2025 with $304M average daily volume

  • Ecosystem spans DeFi, gaming, NFTs, and AI

  • Institutional interest is growing: Grayscale adding SUI, ETF filings

Messari Research

Dripster.fun: The Launchpad Bringing GenAI Product Design to Life

Dripster is a next-generation launchpad that fuses AI-generated product design, token-based funding, and automated manufacturing to bring creator-designed physical products to market. By leveraging trading fees to fully fund production, Dripster allows users to launch tokens tied to their product ideas and unlock manufacturing as market cap milestones are reached. Its proprietary agent system, OffScriptOS, manages manufacturability, logistics, and vendor coordination through a vetted network of over 200 high-end factories. Though the model faces risks around crypto volatility, manufacturing complexity, and the need for a breakout token, Dripster presents a novel, scalable approach to bridging digital culture and real-world goods at the velocity of the attention economy.

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