Mavik_Leo

今週の貴金属市場での激しい動きは、投資家が長い静寂の期間中に忘れがちなことを思い出させるものでした。銀は数時間で崩壊し、数ヶ月の利益を消し去りました。一方、金は急激な二桁の下落を伴って続きました。「安全な避難所」として位置づけられていたものが、突然ストレス下でレバレッジ取引が解除されるように振る舞ったのです。
通常の説明はすぐに到着しました。長期的なラリーの後の利益確定。強くなるドル。将来の金融政策に関する期待の変化。しかし、これらの表面的な理由の背後には、より不快な真実が横たわっています。私たちがアンカーと見なす資産でさえ、実際には政策信号、機関のポジショニング、そして集団的な信念によって形成された物語に密接に結びついています。これらの物語が壊れると、アンカーが引きずられます。

Plasma joins over 25 blockchains in NEAR Intents' chain-abstracted liquidity pool with native token XPL and USDT0 stablecoin.The integration leverages Plasma's high-performance infrastructure backed by Framework Ventures, Bitfinex, and Peter Thiel from a $24M funding round.NEAR Intents processes significant USDT volume with 39% of cross-chain transactions involving Tether in the last 24 hours.
Plasma a purpose-built layer-one (L1) blockchain for stablecoins has integrated NEAR Intents for large-volume stablecoin cross-chain settlements and swaps, joining a list of more than 25 other networks. Plasma got popular mostly due to Tether and Peter Thiel, a PayPal co-founder, backing, having a strong focus on efficient USDT operations.

The integration was announced on Jan. 23 with social media activity from both Plasma and the NEAR Protocol. With that, Plasma’s native token, XPL, and the USDT0 stablecoin have joined a chain-abstracted liquidity pool of more than 125 other digital assets running in over 25 blockchains.

Plasma is now live on NEAR Intents.

Users can seamlessly swap 125+ assets across 25+ major chains to and from Plasma’s native token XPL.

USDT0 deposits and withdrawals on @Plasma are also now supported via the NEAR Intents app.

NEAR Intents onchain data as of Jan. 23, 2026 | Source: Dune Analytics Dashboard

By integrating—and being integrated by—NEAR Intents, Plasma leverages its high-performance infrastructure, backed by industry leaders, connecting it with the broader crypto ecosystem and other leading blockchain networks and communities of builders and users.

“Plasma builders can now integrate NEAR Intents directly into their products using the 1Click Swap API, giving users frictionless access to assets and unified liquidity across 25+ blockchain ecosystems,” NEAR Protocol account on X wrote earlier on Jan. 23.In early 2025 Plasma raised $24 million in a private funding round led by Framework Ventures, with contributions from Bitfinex, Peter Thiel, and Paolo Ardoino. Thiel was also named one of the project’s advisors, leveraging his expertise co-founding PayPal.

Related article: Binance Exchange Lists Ripple's RLUSD Stablecoin
Since then, the high-performance, purpose-built L1 has made significant movements in the crypto industry, as Coinspeaker covered. In September 2025, they unveiled Plasma One, a stablecoin-native neobank and card system offering 10%+ yields and 4% cashback across 150 countries. Later in October, the project integrated Chainlink after reaching a milestone of $6 billion in stablecoins running onchain.

What NEAR Intents Unlocks for Plasma
NEAR Intents is a cross-chain protocol developed by the NEAR-based Aurora team, running an MPC network of market makers called “solvers,” who read and solve users’ intents across different systems and chains. It has reportedly been the fastest-growing cross-chain protocol in 2025 and received relevant industry-level recognition, with honorable mentions and awards, as Coinspeaker reported when the protocol surpassed $10 billion in total volume.

Data from Dune Analytics’ NEAR Intents dashboard shows that 39% of the cross-chain volume in the last 24 hours belongs to transactions involving Tether’s USDT, Plasma’s main focus. Moreover, the protocol had more than half a million unique addresses in the last 30 days

NEAR Intents onchain data as of Jan. 23, 2026 | Source: Dune Analytics Dashboard

By integrating—and being integrated by—NEAR Intents, Plasma leverages its high-performance infrastructure, backed by industry leaders, connecting it with the broader crypto ecosystem and other leading blockchain networks and communities of builders and users.

“Plasma builders can now integrate NEAR Intents directly into their products using the 1Click Swap API, giving users frictionless access to assets and unified liquidity across 25+ blockchain ecosystems.
@Plasma
#plasma
$XPL

Decentralized storage protocol Walrus aims to offer a cheaper, more secure and “tamper-proof” live archive of the crypto trade publication's content.
Decrypt Media Articles and Videos to Be Stored on Sui Protocol Walrus
Decentralized storage protocol Walrus aims to offer a cheaper, more secure and “tamper-proof” live archive of the crypto trade publication's content.

Decrypt news articles, videos and photos will be stored on Sui decentralized storage solution Walrus, creating an unalterable archive of the crypto media company’s content.

The Web3 trade publication’s reporting will be stored as data files called “blobs” on Walrus, a protocol built upon layer-1 network Sui, the companies’ representatives said Tuesday at the Token 2049 conference in Singapore. The aim is to create a secure, “tamper-proof” record of Decrypt’s content to foster trust among the publication’s readership.

“Ultimately the press serves the public interest and ensuring the integrity and availability of news stories is a public good” George Danezis, Chief Scientist and Co-Founder at Mysten Labs, the blockchain infrastructure firm behind layer-1 network Sui, told Decrypt.

In the past decade, the disappearance of news content across the internet has surged due to link rot, or the breaking down of hyperlinks that makes web addresses that point to digital content such as news articles or videos no longer accessible to internet users.

This “digital decay” occurs when a web page is deleted from its host server, or when the host server itself no longer exists, according to non-profit research firm Pew Research.

More than a third of online content vanished from the internet between 2013 and 2023, a Pew Research report shows. Meanwhile, 23% of news articles featured at least one dead link, the same data shows.

But storing articles on decentralized storage protocols could help content publishers sidestep that problem.

“Decentralized storage infrastructures require coordination between vast numbers of storage nodes, in relation to who is participating in the system,” Danezis said. “Walrus leverages Sui for all these functions.
Link rot occurs when a web page is deleted from its host server, or when the host server itself no longer exists.

But by leveraging decentralized protocols such as Walrus, that isn't an issue — the network and the data it stores aren't centralized, meaning they can't be deleted by any one person.

Walrus also plans to support Decrypt’s efforts to monetize its content through Web3 integrations, promoting interoperability between Decrypt’s website and decentralized apps, NFTs and other blockchain-based assets.

More broadly, the protocol also aims to leverage distributed-ledger technology to roll out competitively priced storage solutions for media companies, offering cheaper alternatives to centralized cloud providers such as Amazon Web Services.@Walrus 🦭/acc
#Walrus
$WAL

When I look at DUSK, I don’t see a project chasing attention or trying to redefine what crypto should be. I see a network that has stayed focused on a specific problem that the industry still hasn’t fully solved: how to use privacy in finance without breaking trust, oversight, or compliance. That framing explains much of the recent discussion around Dusk Network and why interest tends to return even after periods of volatility.

Market activity around DUSK has been uneven but active. Price movements have shown sharp advances followed by pullbacks, yet trading volume has remained present throughout. This kind of behavior usually points to rotation and repositioning rather than disinterest. Traders come and go, but the asset continues to be watched. In crypto, that alone is a signal worth noting.
What keeps DUSK relevant is not short-term price performance but the role it plays in the privacy conversation. Most privacy-focused systems lean toward full anonymity, which works well for some use cases but creates friction when real financial products are involved. Dusk takes a different approach by emphasizing selective disclosure. Transactions can remain private while still allowing verification when required. This makes the network easier to discuss in the context of compliant DeFi, tokenized securities, and regulated financial infrastructure.
This positioning has mattered as attention across the market has shifted away from purely experimental protocols toward systems that could realistically be used by institutions. Coverage around DUSK has largely reflected this angle, focusing on how privacy and auditability can coexist rather than treating privacy as an all-or-nothing feature. That distinction places DUSK in a smaller, more specialized category, but one that aligns with how financial systems actually operate.

Volatility in the token has also been influenced by broader movement within the privacy sector. When capital rotates into niche areas, smaller assets often move faster than established names, both upward and downward. DUSK’s price action fits this pattern. Strong momentum phases tend to attract attention quickly, followed by corrections as traders lock in gains. None of this appears unusual for an asset positioned at the intersection of infrastructure and narrative shifts.
From a development perspective, the project has remained consistent. There have been no sudden pivots or exaggerated claims. Communication continues to emphasize infrastructure, real financial use cases, and gradual ecosystem development. This slower, less theatrical approach does not always capture headlines, but it reduces the risk of expectation mismatches that often hurt projects later.

Overall, DUSK sits in a space that is still being defined by the industry. Privacy in finance is no longer a fringe topic, but it is also not a solved problem. As long as that tension exists, projects that attempt to balance confidentiality with accountability will continue to be examined closely. DUSK’s presence in that discussion explains why it remains part of ongoing market conversations, even during quieter periods.
@Dusk #Dusk $DUSK