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RIVER(River)24小时上涨32.64%
Gate News Bot Message, January 26th, according to CoinMarketCap data, as of press time, RIVER (River) is currently priced at $75.13, up 32.64% in the past 24 hours, with a high of $78.98 and a low of $21.98. The 24-hour trading volume reached $95 million. The current market capitalization is approximately $1.473 billion, an increase of $362 million from yesterday.
Important recent news about RIVER:
1️⃣ Institutional strategic financing and multi-chain ecosystem expansion strengthen development foundation
River has completed a $12 million strategic financing round, with investors including TRON DAO, Maelstrom Fund under Justin Sun, The Spartan Group, and Nasdaq-listed companies and institutions from the US and Europe. This round of funding will support River’s expansion into EVM and non-EVM ecosystems (including TRON, Sui, and other networks), and continue building on-chain liquidity infrastructure. The funds will also be used to accelerate ecosystem deployment, deepen stablecoin liquidity, and promote the integration of satUSD in trading, lending, staking, and yield scenarios. Meanwhile, the project plans to launch yield products Smart Vault and Prime Vault, providing users and institutions with a unified interface for cross-ecosystem yield access through protocol-native and institutional strategies. These strategic moves significantly enhance the project’s ecological competitiveness and capital support, laying a solid foundation for sustained price growth.
2️⃣ Strategic cooperation on stablecoins and mainstream public chains unlocks multi-chain protocol value
River’s core stablecoin satUSD has reached a strategic partnership with Sui, bringing liquidity and yield opportunities from multi-chain ecosystems into the Sui ecosystem. Under this framework, satUSD serves as a cross-ecosystem settlement asset, connecting liquidity across different chains and being natively usable on Sui. Users can deposit collateral assets on one chain and mint and use satUSD on another chain without bridging or wrapping assets, greatly lowering operational barriers. satUSD is also used alongside USDT and USDD in SUN.io’s stablecoin pools, with price oracles provided by WinkLink, and is simultaneously supported for lending on JustLend. These strategic integrations cover core assets such as USDT, TRX, wBTC, BTT, JST, SUN, WIN, and NFTs, fully demonstrating satUSD’s central role as a cross-chain liquidity hub, and strongly driving the market’s reassessment of River protocol’s value.
3️⃣ Ecological construction landing and user base expansion strengthen fundamental support
River’s third-quarter airdrop has been completed, with over 130,000 users participating, and 63,000 users meeting claim conditions. The project has achieved real-time integration with more than 30 platforms including Pendle, Morpho, and ListaDAO, launching innovative products such as Smart Vault and Prime Vault, and completing multi-chain deployment on the Base network. The protocol’s peak locked value reached $650 million, and the circulating satUSD has increased to $350 million. Over 300,000 users have participated in ecological activities via Galxe, 170,000 users are active on X platform tasks, and more than 300 KOLs are deeply operating in markets including Korea, Latin America, English, Chinese, Japanese, and Turkey. Offline gatherings have been held in Korea, Argentina, and Brazil. These substantial ecological expansions, multi-chain capability developments, and product innovations have provided solid intrinsic support for the market cap rising from $345 million on January 12th to the current $1.473 billion. The increase in user base and ecological activity fully reflects market recognition of the project’s business model.
This message is not investment advice. Investors should be aware of market volatility risks.