1inch, a decentralized exchange (DEX) aggregator, continues to
advance its stature in the cryptocurrency industry.
Price predictions for 2025 point towards a significant
upturn from its recent lows. Reinforcing its
position, 1inch has expanded its reach by successfully launching on
Solana. This move to Solana is expected to
enhance the DeFi ecosystem with cross-chain swaps now in the
pipeline. Also,
ZKsync has been integrated into the 1inch platform to
boost cross-chain swaps.
Continuing its
expansion, 1inch has also partnered with the
Bruce Lee Family company to raise awareness for DeFi. This innovative
partnership bore an ad campaign with the prominent martial artist. Another
noteworthy venture by 1inch is the launch of a
Web3 debit card in partnership with
Mastercard and
Baanx, aimed at
facilitating crypto transactions for its users. Despite notable progression, 1inch also had its share of
setbacks, such as a $5M
hack that exposed vulnerability in its system. In response, 1inch initiated immediate
measures, bolstering its security facilitations. Performance-wise, 1inch charts show a
bullish momentum, with indications of
recovery from a 30% downturn. Finally, it is anticipated that the
partnership with Mastercard and Baanx, the ZKsync
alliance, and the
new cross-chain swap feature will
propel 1inch to greater heights in the foreseeable future.
1INCH Coin News Analytics from Wed, 02 Dec 2020 08:00:00 GMT to Fri, 02 May 2025 10:46:38 GMT -
Rating 8
- Rumor 4