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BlockchainReporter Weekly Crypto News Review: Key Blockchain and Technology Updates

Umair Younas by Umair Younas
January 26, 2025 - 9:15 pm
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This week showcased remarkable advancements in blockchain innovation and partnerships. To enable increased scalability and utilities to creators, virtuals collaborated with the Solana blockchain and launched the Meteora Pool. Further, Jupiter Exchange bought SonarWatch to power portfolio tracking on Solana without downtimes.

Other than these two, the USDD 2.0 release on TRON was supported by the HTX platform. The release has shown the system stability and security features and decentralized governance elements. Moreover, Ivanka Trump advised investors beware of $IVANKA, a fake cryptocurrency with her name. On the flip side, Soneium worked with SonovaNFT and reinvented NFT innovation with elevated user experience tools and workflow for the user. It demonstrates how blockchain ecosystem is changing.

Virtuals Partners with Solana

Virtuals, a society of AI agents, announced its partnership with the Solana blockchain platform. The Solana partnership aimed to arm builders with Solana’s standout performance capabilities to be able to create new creative solutions. Through its expansion to advocate emerging creators that push the envelope, Virtuals Nation achieved a milestone. Virtuals focused on new decentralized application developments through Solana integration and concretized blockchain trade potential.

The latest additions include the Meteora Pool on Solana which released supported asset backed trading platforms available on Solana. This means they created a 1% trading fee allocation to $SOL, in order to form the reserve to support online creators in trading.

Jupiter Exchange Acquires SonarWatch

Jupiter Exchange also reported that this week, it had signed an agreement to purchase SonarWatch, a famous portfolio monitoring tool. The purpose of this step is to bring in a better experience for the service user Solana Community. Then, after acquiring SonarWatch, it unveiled its new portfolio tracking service from portfolio.jup.ag that taps into SonarWatch’s development knowledge. Jupiter can now monitor the solana transactions of it through its platform.

Now desktop users can also use this integration feature. Jupiter will soon launch its mobile platform version. This new update enables Jupiter to extend the services to manage highly demanding portfolio requirements. Jupiter will work on creating user friendly experience and establish deeper ties with its ecosystem via partnership with SonarWatch’s technical knowledge.

HTX Supports Successful Launch of USDD 2.0 on TRON Network

HTX is standing in support of the successful upgrade of the USDD 2.0 contract. The live launch on the TRON network was christened as an important milestone for the decentralized stable coin. The upgrade brings with it extra security, decentralized governance and better stability.

In addition, the USDD 2.0 has secure liquidation and dynamic collateral ratios. These allow users to be protected by ‘moving’ collateral in the real world as a user loses or gains value as a result of market tumults. With this upgrade, USDD becomes more resilient, enabling investors to secure a safer option. The support from HTX proves its commitment to pushing innovation in stablecoin arena.

Ivanka Trump Denounces Fake Cryptocurrency Using Her Name

Ivanka Trump says the promotion of $IVANKA, a cryptocurrency coin, was unauthorized. On her social media post on 23 Janaury 2025, she claimed that she is not affiliated with the coin. Someone used my likeness with my name without my permission and violated my rights, she said.

A fake cryptocurrency that can be proven to help link to Ivanka Trump and scams them because of the naivety of those investors they are ripping off. In a tweet, Ivanka also made clear that she was not linked to the project. The expert warned that, according to your warning, they should be careful and stay alert from fraudulent statements where most of them are never true. The statement is to protect Ivanka Trump’s reputation, and to continue preventing the exploitation of her name in scambaiting people.

Soneium Partners with SonovaNFT to Redefine NFT Innovation

SonovaNFT, a well-known NFT marketplace has officially partnered with Soneium, a leading Ethereum L2 Blockchain. This collaboration will help create new digital creativity potentials for creators, and also help to see fundamental changes in NFT technology.

Rather, Soneium wants to link up high tech digital tools with SonovaNFT’s consumer driven activities. For users to benefit of uninterrupted service, the NFT marketplace will operate within Soneium’s ecosystem. Users are provided by Soneium with advanced tools and highly user-friendly workflows. This integration creates better accessibility while improving workflows which builds a supportive community environment for both creators and collectors. The development represents major progress for NFT marketplace innovation.

Conclusion

To conclude, blockchain innovation and partnerships were taken to another level this week. Virtuals and Solana opened up new possibilities for creators, and Jupiter Exchange enhanced portfolio tracking through the acquisition of SonarWatch. In addition to this, HTX helped TRON conduct USDD 2.0 upgrade with better stability and governance. Ivanka Trump meanwhile warned people about fraudulent cryptocurrency use. Last but not least, Soneium partnered with SonovaNFT, innovating NFT by redesigning user interfaces and workflows for seamless usage. This is indicative of blockchain’s growing ability.

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Umair Younas

Umair Younas

Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.

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