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Bybit Reveals 2025 Vision with Focus on User-Centric Innovation

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Daily Bits
Jan 24, 2025

Daily Top Performer — Mantle Network (MNT)

The S&P 500 hit record highs, rising 0.53%, led by healthcare, industrials, and real estate, boosted by pro-growth policies and strong earnings. Gold holds near $2,755, recovering from $2,735 amid a weaker US Dollar and rising jobless claims. Set for weekly gains, it faces resistance at $2,790, with central bank decisions in focus. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 0.15%, with Bitcoin and Ether dropping by 0.91% and 0.21%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.

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Today's top performer is MNT, which surged nearly 10.1% after Mantle Network partnered with Synergy to drive cross-chain innovation between the TON and EVM ecosystems.

Mantle Network (MNT), launched in July 2023, is a modular Ethereum Layer 2 solution that enhances performance and security. It uses optimistic rollups for off-chain batch processing, improving throughput and reducing costs while maintaining compatibility with Ethereum's existing smart contracts. Mantle Network has partnered with Synergy to enhance cross-chain development between TON and EVM ecosystems. They aim to innovate on-chain finance and onboard users via new primitives. The TON Accelerator’s Cohort_0.2 focuses on cross-chain DeFi, infrastructure, LSDs, and synergies, integrating Mantle’s liquidity with TON through LayerZero’s OFT token. Builders are invited to apply for support in these areas.

Check Out the Latest Prices, Charts, and Data of MNTUSDT Perp and MNT/USDT Spot Contracts!

Talk of the Town

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Bybit unveiled its 2025 vision during a livestream, focusing on a user-centric approach to drive innovation in the crypto industry. CEO Ben Zhou highlighted the company’s dedication to listening to user feedback, addressing challenges, and continuously improving. Bybit's achievements in 2024 included expanding its Bybit Card program, handling high traffic events like the $HMSTR token airdrop, and partnerships with leading stablecoin providers. Innovations such as TradeGPT, Pre-Market Perpetuals, and bbSOL also marked key milestones. Bybit’s 2025 roadmap emphasizes further product diversification, Web3 integration, and strategic partnerships to continue empowering users and advancing the crypto ecosystem.

Check Out the Latest Prices, Charts, and Data of BBSOL/USDT Spot Contracts!

Bitcoin Spot ETF Flows

Category

Flow (millions)

GBTC

(49.9)

Non-GBTC

66.4

Total

16.5

BTC Spot ETF flows totaled $16.5M yesterday, driven by $66.4M from non-GBTC funds, offsetting a $49.9M outflow from GBTC.

Check Out the Latest Prices, Charts, and Data of BTCUSDT Perp and BTC/USDT Spot Contracts!

Airdrop to Watch

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The SoSoValue Airdrop Checker is now live, allowing users to check their airdrop allocation, typically 50-100 tokens, based on 9 days of free tasks. With a max supply of 1 billion tokens, the price could settle around $0.10. Claims and listings begin tomorrow.