A compilation of recent points of interest reveals a range of activity surrounding the 1INCH Coin. As a leading DEX aggregator, 1inch Network's continuous growth and strategies have set it apart. A series of price predictions for the token points towards potentially positive investment outcomes in the long term. On-chain developments such as the launch of Solana-to-EVM crosschain swaps and a new Pathfinder algorithm improving swap rates by 6.5% shed light on 1INCH's capability to tackle market challenges.
A worrying development was a $520,000 exploit path discovery in the 1inch router's rescue function by Carbontec, however, the stolen funds from a separate 1inch resolver hack were returned following negotiations. The network is deploying a global hackathon to improve DeFi UX solved by bounties amounting to $525K. A unique collaboration with Bruce Lee’s family for a DeFi awareness campaign and the introduction of a Web3 debit card in partnership with Mastercard and Baanx highlight the network's creative marketing initiatives.
In terms of growth, 1INCH expands to Solana and integrates ZKsync to boost Cross-chain swaps. Major developments include launching its own stablecoin, releasing cross-chain innovation white paper, debuting a Web3 Debit Card, and raising $175M in a funding round led by Amber Group. While there are concerns about a potential $5M exit scam, there has been noteworthy enthusiasm among users on receiving airdrop of 300k OP tokens, as 1INCH announced deployment to Optimism's layer-2 solution. Reports indicate a healthy price upsurge, with some attributing these gains to the DEX's expansion and integration efforts.
1INCH Coin News Analytics from Wed, 23 Dec 2020 20:43:26 GMT to Thu, 04 Sep 2025 07:00:00 GMT - Rating 7 - Innovation 8 - Information 9 - Rumor 5