x402 Protocol Token PING Surpasses $60 Million Market Cap

On October 25th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), 30 minutes ago, the "100% Win Rate Whale" on the short side increased its position to 666 BTC. The total position size is $74.43 million, with an average entry price of $110,004.1. Currently, it is experiencing an unrealized loss of $1.17 million.

On October 25th, as per the on-chain analyst Ai Auntie (@ai_9684xtpa), a significant whale deposited all 10,000 GIGGLE coins that it had accumulated between September 27th and October 13th into Binance just 5 hours ago. If these coins were to be sold, the potential profit would amount to $1.71 million, and the return on investment would be 376%.

On October 25th, based on Farside's monitoring data, this week the US Ethereum spot ETF witnessed a cumulative net outflows of $2.439 billion.

On October 25th, as per Bloomberg, since the United States enacted its first regulatory bill specifically targeting the cryptocurrency industry in July, the tempo at which consumers and businesses are resorting to stablecoins (digital tokens linked to the US dollar) for real-world consumption and payment purposes has been escalating at a rapid pace. According to the report of blockchain data provider Artemis, by August 2025, the transaction volume of stablecoins utilized for goods, services, and transfers has exceeded $10 billion. In contrast, in February of this year, it was $6 billion. This indicates a more than doubling from August 2024. Artemis researchers pointed out that at this growth rate, the annual payment volume of stablecoins could reach $122 billion.

On October 25th, according to Farside's monitoring data, this week the US Bitcoin spot ETF witnessed a cumulative net inflow of $4.463 billion.

On October 25th, as reported by Reuters, Ferrari (RACE.MI) is making plans to introduce a novel type of digital token in order to enter the cryptocurrency market and attract a younger generation that is tech-savvy. Its wealthiest fans will be able to utilize this token to participate in an auction for a Ferrari 499P - a Le Mans-winning endurance racing car that has achieved consecutive championships for three years. Currently, the scale of this plan remains relatively restricted. The objective of this Italian luxury car manufacturer is to keep pace with the trend of luxury brands and use this opportunity to connect with a young group of tech entrepreneurs who have rapidly accumulated wealth due to the boom in AI and data centers. After Ferrari accepted Bitcoin, Ethereum, and USDC as payment for car purchases in the United States starting from 2023 and expanded this service to Europe last year, this move further showcases its active embrace of emerging technologies and digital assets.