- HTX Elevates SunPump to New Heights
- $150 Million Prize Pool for Liquid Restaking Triggers Frenzy
- HTX and Justin Sun: A Better Future
A tweet titled “HTX & Justin’s Leadership” by Sjuul, the founder of AltCrypto Talk and co-founder of Kollect Agency, sparked heated discussions in the market. The tweet highlights SunPump’s success and Justin Sun’s insights into market trends. At the same time, under Sun’s guidance, HTX has gained momentum and achieved significant milestones.
HTX Elevates SunPump to New Heights
Sjuul noted that SunPump’s significant market influence has yielded high returns for early investors, attracting new participants. Since its beta launch on August 13, SunPump has generated over 28 million TRX in revenue, approximately $4.5 million. More than 70,400 projects were created in a month, averaging over 3,700 launches per day. Sjuul also analyzed that SunPump’s close collaboration with HTX has elevated it to new heights.
$150 Million Prize Pool for Liquid Restaking Triggers Frenzy
On February 29 this year, HTX launched Liquid Restaking, becoming the first exchange in the crypto market to allow users to participate in on-chain restaking with no entry barriers. Upon its launch, this service drew the attention of over 20 million users and attracted 58,000 participants. Due to its popularity, HTX doubled its quota twice in two months, increasing the total staking quota to $150 million. Sjuul’s analysis highlighted that this service reduces user risks, ensures asset liquidity, and significantly lowers the participation threshold, attracting substantial user assets to HTX.
HTX and Justin Sun: A Better Future
Sjuul also stated that Justin Sun’s involvement has significantly boosted HTX’s overall ranking. According to the Q2 2024 Exchange Liquidity Report by crypto data company Kaiko, HTX has been rated AA among 43 major centralized exchanges, ranking fourth in liquidity and achieving an average trading volume of $60.5 billion. According to CoinGecko, HTX has become the second-ranked exchange globally, just behind Binance. This marks the third time this year that HTX has entered the Top 2. Sjuul noted that the establishment of HTX DAO fosters the democratization process of the exchange, allowing users to engage more deeply in decision-making and governance.
According to Sjuul, under Justin Sun’s leadership, HTX is becoming a top exchange, and HTX DAO and its governance token $HTX deserve attention.
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