⇑ 1INCH Coin: Growing Market, Prosperous Future
The 1INCH token is seeing significant growth and development, as it manifests as a promising investment in the cryptocurrency market. 1INCH,...
The market for the 1INCH coin has seen considerable activity in recent weeks. Notably, 1inch has ushered in a significant development within the DeFi space by facilitating trustless Solana-EVM swaps without relying on bridges. This breakthrough has effectively rendered chain selection obsolete and redefined DeFi security and freedom.
To further improve swaps, the DEX aggregator has additionally introduced the new Pathfinder algorithm, promising 6.5% better swap rates. Concurrently, 1inch has expanded to Solana, promising an enhanced DeFi ecosystem and introduced cross-chain swaps with ZKsync to boost speed and lower fees.
Despite these innovations, there have been instances of a potential $520,000 exploit path within the 1inch router function. To address security issues and user experience, 1inch has launched a global hackathon and a giveaway of hardware wallets in collaboration with Safepal. Moreover, the team behind 1inch has invested heavily in the 1INCH token, buying 11.81 million tokens valued at $3.3 Million and also offloading $22.87M in ETH and 1INCH tokens to make gains of $8.36M.
In a unique campaign, 1inch teamed up with the Bruce Lee family for a 'seriousLee' DeFi advert. Meanwhile, 1inch’s token is also now available on Coinbase Pro. In another critical development, 1inch debuted a Web3 debit card through a partnership with Mastercard and Baanx, aiming to onboard mass users into DeFi. Reinforcing further confidence in the project, 1inch raised $175M in a funding round led by Amber Group and launched an app on Android.
1INCH Coin News Analytics from Fri, 20 Nov 2020 08:00:00 GMT to Wed, 20 Aug 2025 12:48:04 GMT - Rating 7 - Innovation 8 - Information 9 - Rumor -2