SAND may be building momentum as key technical and on-chain signals pointed to a breakout.

Sandbox (SAND) gains momentum, with $0.50 in sight if it clears $0.35.

Amid bullish market sentiment, SAND is poised for a 30% rally as it forms a bullish pattern on the daily chart.

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BBVA is launching a tokenized fund integrated into the Spanish securities regulator's sandbox. The fund will be open only to BBVA employees to research the benefits of applying blockchain technology to these applications.

TL;DR Synthetix has proposed acquiring Kwenta, an exchange derived from its ecosystem, to unify operations and enhance services. The acquisition values each KWENTA token at 17 SNX, with a token swap valued at $13.2 million. The integration would involve dissolving Kwenta's governance and merging it with SNX's Spartan Council.

DeFi protocol Synthetix is setting its sights on acquiring Kwenta, a derivatives exchange that emerged from Synthetix itself in 2020. The post Synthetix Eyes Acquisition of Former Spin-Off Kwenta to Bolster DeFi Derivatives appeared first on Cryptonews.

ZA Bank, Hong Kong's digital bank, has launched a sandbox trial of its crypto trading service, aiming to provide retail investors with a regulated platform for virtual asset trading.

Amid confusing cryptocurrency market sentiment, the creator of The Sandbox (SAND), Animoca Brand, has gained notable attention from crypto enthusiasts due to its recent acquisition. On October 26, 2024, the blockchain transactions tracker EyeOnChain made a post on X (Previously Twitter) that Animoca Brand bought 20 million SAND tokens worth $4.95 million from Binance.

Synthetix, a well-known DeFi protocol for synthetic assets, has just announced the launch of version V3 on the layer-2 blockchain of Arbitrum.

The v3 launch marks the DeFi protocol's first big product rollout after a governance overhaul in October.

The semi-autonomous region of Tanzania is taking advantage of a sandbox regulatory framework adopted in July.

The Zanzibar government has introduced a blockchain sandbox program to encourage entrepreneurship and technological advancements. The program, powered by the Xinfin XDC network and designed by Ledgerfi IT solutions, allows startups to safely test their blockchain-based solutions within the National Blockchain Network.

Are NFTs making a comeback? Following the surge in BAYC's ApeCoin after the ApeChain launch, investment is now shifting towards Axie Infinity, The Sandbox, and emerging layer-2 blockchains.

Two popular tokens, Axie Infinity (AXS) and Sandbox (SAND), have seen significant price increases recently. This uptick comes as the entire crypto market experiences a rally, with Bitcoin testing the crucial price level of $69,000.

SAND's breakout could be a sign of a potential bullish reversal, one backed by greater activity.

The crypto market has recorded a jump of ~2% in the past day, resulting in the Bitcoin price retesting its $69,000. Following this, the Metaverse and the gaming industry have regained momentum with many projects retesting their important resistance levels.

The derivatives liquidity protocol Synthetix (SNX) witnessed more development activity than any other project in the decentralized finance (DeFi) sector in the past 30 days, according to the crypto analytics firm Santiment. Synthetix aims to serve as a backend liquidity tool for user-facing DeFi projects, according to the protocol's whitepaper.

The DTCC aims to invite market participants to address pain points and let clients try DTCC products on their own use cases.

In a recent conversation with KMSmithDC, U.S. Congressman Byron Donalds stressed the importance of developing a regulatory sandbox for the crypto industry. Donalds described the industry as a “toddler” that is still young but has a possibility of growing.

Mysten Labs chief information security officer Christian Thompson told Cointelegraph that gaming is a playground for technologists to explore Web3.

Sandbox Alpha season 4, Day 5 included the experience through the labyrinth of Club XYZ with the music of DJ Galantis. The event is based on players exploring different stages and uncovering secrets.

SAND could soar by 15% to reach the $0.305 level if it closes a daily candle above the $0.264 level.

Sandbox shared the full guide for Alpha season 4. This season's battle pass will have a 30-level system.

Digital Assets Week 2024 (DAW24) kicks off today in London, focusing on the integration of digital assets within the global financial system.

The regulatory sandbox aims to strengthen the United Kingdom's position as a global financial hub.

The European Blockchain Sandbox Initiative expands with 41 regulators and authorities from 22 countries, boosting blockchain innovation and regulatory collaboration.

The SR-2 proposal wants to address many of the concerns currently dragging down the Synthetix protocol.

Synthetix community approves a major protocol overhaul with 99.4% support, aiming to revitalize the project through token redesign, multi-chain deployment, and governance restructuring.

A new proposal looking to completely reboot DeFi protocol Synthetix has garnered 99.4% approval from community members.

On September 28th, 2024 Sandbox announced 10,000 $SAND total rewards for its new experiences of the week. These new experiences include Multiverse Yard, Planet Survival, Tower of Myths, and Math Op.

A wallet linked to The Sandbox had dumped 25 million tokens worth $7.08 million to Binance and OKX.

Animoca Brands, The Sandbox, and Smobler unveil the Universal Peace Sanctuary, a virtual space promoting global harmony, within The Sandbox metaverse.

Animoca Brands, a company specializing in digital property rights and gaming, alongside The Sandbox, a decentralized virtual world, and Smobler, a metaverse architecture firm, have launched the virtual Universal Peace Sanctuary. The project, hosted in The Sandbox metaverse, aims to foster global peace and cultural understanding.

Sandbox offers over $2.5 M worth of reward pool in its upcoming season. The web3 gaming platform is offering a free limited-time Gold Space Helmet NFT as well to those who will get their spots reserved before the time runs out.

Stepn, the Web3 move-to-earn app, has announced a new partnership with Adidas, the German sports apparel company, to issue a second Genesis Sneakers collection. Stepn qualified this new partnership as a milestone for the adoption of its Stepn Go app.

STEPN GO, a Web3 lifestyle app with Game-Fi and social-fi elements, is partnering with Adidas for a new NFT project.

FSL has unveiled a new NFT collection with Adidas in line with its year-long partnership.

SAND has recently confirmed a breakout from a falling wedge pattern, which is often seen as a bullish signal in technical analysis. This breakout raises expectations for significant upward price movement.

In the game, there are 1000 sneakers in Non-Fungible Token format at the price of 10,000 GMT per participation.

SAND is primed for a breakout, with key metrics signaling a potential long-term rally.

Synthetix, a popular DeFi protocol, is facing challenges regarding its plans for Arbitrum, a layer-2 platform for Ethereum. According to the recent voting results, the community voted against its plans to extend its Long-Term Incentive Program (LTIP) grant.

The Sandbox (SAND) has lately attracted interest with opposing opinions on its potential price movement. Although some analysts believe there is room for large increases, short-term data point to a more wary stance.

Story Highlights The live price of GMT is . GMT price could soar as high as $0.30 in 2024. Stepn price could reach a high of $1.49 by 2030. The crypto space has been cordial to budding projects in the industry. A number of which cater to diverse sectors of the business.

SAND battled strong resistance at key EMAs, with a breakout above $0.25 needed to spark a recovery and avoid further downside.

Snax Chain, built on OP Stack, launches September 15th, integrating Wormhole for secure, decentralized Synthetix V3 governance and cross-chain messaging.

Smaller ad-tech firms are raising competition concerns over Google's long-brewing cookies alternative, Privacy Sandbox, at a time when the internet giant's digital ads business is already under U.S. and UK scrutiny.

Competition is mounting among DeFi derivatives protocols after Synthetix launched on Arbitrum in July.