Majors See Short-Term Pullback

The cryptocurrency market is showing signs of consolidation, with leading assets Bitcoin (BTC) and Ethereum (ETH) both experiencing a downturn over the last 24 hours. Despite the daily dip, both cryptocurrencies have maintained positive momentum over the past week, suggesting underlying strength in the market.

Bitcoin saw its price fall by 2.37%, bringing its value to $112,439. However, its seven-day performance remains in the green with a 3.77% gain. Ethereum recorded a more significant daily drop of 3.51%, with its price settling at $3,980.42. Like Bitcoin, its weekly chart shows a modest increase of 3.19%.

Altcoins Present a Mixed Picture

The altcoin market revealed a varied landscape of gains and losses. Solana (SOL), a major competitor to Ethereum, remained relatively stable with a minor 0.06% dip, trading at $199.69. The asset has had a strong week, posting a 7.75% increase.

In contrast, XRP has demonstrated notable strength, rising 0.46% on the day and an impressive 10.18% over the week to reach a price of $2.65. Other altcoins showed more modest movements. Polkadot (DOT) is trading at $3.10 after a 1.56% daily loss, though it’s still up 3.41% for the week. Meanwhile, Shiba Inu (SHIB) experienced a slight 0.45% decline to $0.00001026, but it holds onto a 3.27% weekly gain.

Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial advice, investment advice, or any other sort of advice. You should not treat any of the website’s content as such. Always conduct your own research and consult with a professional financial advisor before making any investment decisions.

Quack AI, a Web3 governance layer for Artificial Intelligence (AI), has announced a strategic partnership with Gimo Finance, the first Liquid Staking Token (LST) protocol on the 0G network. The collaboration aims to strengthen the growing 0G ecosystem by merging Quack AI’s governance tools with Gimo’s liquidity solutions.

Integrating Governance with Liquidity

The core of the initiative involves integrating Quack AI’s governance intelligence layer with Gimo Finance’s liquidity framework. This synergy is designed to align capital movement with decision-making processes within decentralized projects, improving how they manage resources, scale operations, and execute governance.

Both projects will leverage 0G Labs as their foundational infrastructure. 0G provides AI-driven protocols with access to decentralized governance, distributed computing power, and seamless liquidity support. By combining their expertise, Quack AI and Gimo intend to deliver more efficient and intelligently coordinated solutions for protocols building on the network.

A Blueprint for AI and Web3 Synergy

This alliance highlights a key trend in the industry: the convergence of AI and Web3 infrastructure to build more transparent, scalable, and autonomous systems. By linking liquidity directly to intelligence, the partnership not only seeks to accelerate development within the 0G ecosystem but also establishes a model for other decentralized AI networks to operate more cohesively.

As the decentralized AI sector continues to mature, this collaboration underscores the importance of integrating financial and governance components to foster sustainable growth. It represents a significant step toward realizing the full potential of intelligent, on-chain economies.