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Today's News Recap

ETC Surge - ETC soars 50% in a month as community presses Coinbase to reduce transaction wait times.

Record Inflows - Crypto investment products see record $4.4 billion in weekly inflows, pushing year-to-date total to $27B.

CFX Spike - Conflux's CFX price doubles on stablecoin reveal, upgrade plans.

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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.

  • MapleStory N, the blockchain version of Nexon’s legendary MMORPG, launched May 2025

  • Over 1.1M users on day one and 1.7M NFTs minted pre-launch

  • Averaging ~36K daily active wallets and over 10K daily marketplace participants

  • Most active Layer-1 on Avalanche by address count

  • DePIN Built on Solana, interoperable with BSC, EVM, and L2 rollups

  • Replaces centralized mobile and WiFi access with decentralized, credential-authenticated connectivity

  • Integrates WiFi OpenRoaming and eSIM to create a seamless, carrier-agnostic wireless access network

  • Since its March 2025 TGE, Roam has grown from 2.3M to 2.9M users and scaled its active node base from 2.2M to 5.1M

  • Layer-1 / DeFi Infrastructure built on Cosmos SDK

  • Bitcoin-backed security sharing for other chains (BSNs – Bitcoin Supercharged Networks)

  • Secured 57,167 BTC, representing 0.29% of Bitcoin's supply—ranking 4th behind only BlackRock, Grayscale, and Fidelity

  • BABY token launched in April with a 6% airdrop. It powers governance, gas, and staking

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Two Bits

Anichess Ethernals and why it’s worth paying attention to them. 

By: Gunkan, Research Analyst

What is Anichess?

Anichess is a spell-based chess battler backed by Animoca. It blends traditional gameplay with digital ownership and puzzle mechanics, aiming to reimagine chess for a new generation. The project has shipped a live product, built a lore-driven world, and positioned itself as both accessible and competitive.

What is Anichess Ethernals? 

On July 3, Anichess launched The Ethernals, a 960-supply, free-mint NFT collection that rewards early players and puzzle solvers. It’s part badge, part optionality: a digital stamp for contributors who participated during alpha seasons and helped shape the project’s early trajectory.

Since launch, the collection has done 86.42 ETH in volume, peaked at a 0.49 ETH floor, and now trades around 0.34 ETH, giving it a $1.2 million market cap. Not bad for a free mint tied to an ecosystem that has already raised $3.3 million across two funding rounds.

But what makes Ethernals worth tracking is not the art or the nostalgia. It’s the allocation. 

Anichess has confirmed that 10% of its upcoming ecosystem token, C, will be allocated to Ethernals holders. That is a significant share, especially for a collection with just 960 NFTs and 760 unique holders.

There are still unknowns, including a confirmed TGE date, clarity on vesting, and details on how distribution will work. But structurally, it is rare to see this level of token exposure tied to such a small NFT set. If C launches with meaningful market demand, Ethernal holders could be positioned to capture the upside. 

As we approach the C token launch, The Ethernals may offer the best way to express exposure into the Anichess ecosystem.

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