While Ethereum has bounced back above the $1,600 level, several altcoins are surging with ALEO and GMT leading the charge. ALEO has risen 26.2% in the last 24 hours, trading at $0.2498 from a low of $0.1949.

Story Highlights The live price of GMT is . GMT price could soar as high as $0.12839 in 2025. GMT price could reach a high of $0.97501 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.

Synthetix has launched a new liquidity initiative aimed at stabilizing its algorithmic stablecoin sUSD, which has been trading well below its intended $1 peg.

Synthetix's sUSD stablecoin has plunged as low as $0.68, losing its dollar peg amid structural changes, sparking fears of a broader DeFi crisis and highlighting vulnerabilities in algorithmic stablecoin mechanisms. The post Stablecoin Sinks to $0.68: sUSD Loses Its Peg, Sparks Fears of SNX Death Spiral? appeared first on Cryptonews.

The Synthetix protocol stablecoin dropped to a new low this week, extending its month-long depegging trend.

Synthetix's sUSD stablecoin has crashed below $0.70 marking its worst depeg in years as collateral changes backfire.

Synthetix's sUSD stablecoin has fallen to $0.70, 30% below its dollar peg, following protocol changes that disrupted its market balance.

The Synthetix protocol's native stablecoin, Synthetix USD (SUSD), has slipped further away from its US dollar peg, reaching new all-time lows under $0.70. However, the firm reiterates that this isn't the first time the asset has been under significant stress, and several risk measures are in place.

TL;DR sUSD Depeg Crisis: Synthetix's stablecoin sUSD has plunged below $0.80 amid significant protocol changes that have unsettled investors and traders. Impact of SIP-420 Upgrade: The recent SIP-420 upgrade, aimed at enhancing capital efficiency, has flooded markets with excess sUSD, disrupting traditional peg defense strategies and triggering chaotic trading conditions.

Synthetix's algorithmic stablecoin sUSD has continued its month-long depeg, now trading nearly 21% below its $1 peg. According to CoinGecko's price data, sUSD has dropped to $0.7924 as of Apr.

Synthetix's sUSD stablecoin de-pegs, trading at $0.8107.

The SEC of the Philippines has opened applications for its Strategic Sandbox (StratBox) program, aimed at fostering innovation in the growing field of crypto-asset services. The post Philippines SEC Opens Applications for Crypto-Focused Regulatory Sandbox appeared first on Cryptonews.

Acting SEC Chair Mark Uyeda has hinted that the agency may explore a “sandbox” rule for tokenized securities, according to Fox Business reporter Eleanor Terrett. This could be a short term relief framework for digital assets that could allow both registered and unregistered crypto firms to innovate while the agency frames the permanent solutions.

The SEC is considering a regulatory sandbox to allow crypto exchanges to experiment with tokenized securities.

SEC leadership floated the possibility Friday of regulatory exemptions that would allow crypto exchanges to experiment with the trading of tokenized securities.

The US Securities and Exchange Commission (SEC) may propose a sandbox approach to crypto trading, before deciding on a new framework tailored to the challenges of digital tokens.

Mark Uyeda, acting chair of the United States Securities and Exchange Commission, has hinted that the regulator could consider a regulatory ‘sandbox' for crypto firms looking to offer trading of tokenized securities.

Securities and Exchange Commission (SEC) acting chairman Mark Uyeda has suggested the potential creation of a conditional regulatory sandbox for blockchain-based securities trading. Uyeda made the remarks during the SEC Crypto Task Force's second roundtable on April 11, which focused on crypto trading platforms.

A new report from on-chain analytics firm Parsec argues that the recent depegging of Synthetix's stablecoin sUSD is not the result of bad debt or protocol failure—but a direct consequence of governance upgrade SIP-420.

Synthetix's algorithmic stablecoin sUSD is continuing to drift from its $1 peg, currently trading at $0.90.

Synthetix's stablecoin, sUSD, has plunged to a five-year low of $0.83, raising investor concerns about its stability.

What happens when a stablecoin isn't stable, and the founder's response is “no crying in the stablecoin casino”?

Synthetix's sUSD suffers second major depeg in a year, with founder Kain Warwick warning of volatility during peg mechanism transition.

TL;DR Synthetix's sUSD stablecoin briefly fell to $0.83, its lowest level in five years, sparking renewed concerns about its long-term stability. While it shares design similarities with Terra's failed UST, sUSD is backed by a $30 million treasury that could help mitigate extreme risks.

The Synthetix protocol's native stablecoin, Synthetix USD (sUSD), fell to its lowest value in five years, extending a months-long struggle to maintain its $1 peg.The asset has faced persistent instability since the start of 2025. On Jan. 1, sUSD dropped to $0.96 and only rebounded to $0.99 in early February.

Synthetix stablecoin sUSD has fallen 6% in the last day to trade at $0.8597, continuing the recent decline below its $1 peg. At the same time, 24-hour trading volume has jumped nearly 487% to over $2.

Synthetix had another de-peg of its asset-backed sUSD token. The stablecoin slid to $0.83 due to the transitional period of minting from a new staking pool.

In a thread on X this morning, Synthetix founder Kain Warwick offered a stark look into the inner workings of crypto market makers (MMs) and their evolution over the years.

Dubai's financial regulators introduce a tokenization regulatory sandbox within the DIFC, providing crypto firms with a supervised environment to develop and test tokenized assets like equities and bonds. The post Dubai Financial Regulators Launch Tokenization Regulatory Sandbox for Crypto Firms appeared first on Cryptonews.

Dubai financial regulators are opening registrations for crypto firms to participate in the nation's first Tokenization Regulatory Sandbox, starting from March 17 to April 24.

The Sandbox has joined hands with Universal Products & Experiences and Amblin Entertainment to bring one of the film industry's biggest franchises, Jurassic World, to the metaverse. The post Jurassic World Partners with The Sandbox to Enter Metaverse appeared first on Cryptonews.

The Dubai Financial Services Authority (DFSA) has invited firms to express interest in joining its Tokenization Regulatory Sandbox before April 24, 2025. In a March 17 announcement, the DFSA—an independent regulator overseeing the Dubai International Financial Centre (DIFC)—stated that the initiative targets firms looking to offer tokenized investment products and services.

Despite the fact that the Dubai Financial Services Authority (DFSA), based out of Dubai (UAE), launched its regulatory framework for investment tokens in 2021, the regulator notes that it didn't witness substantial growth in the number of firms seeking to tokenize investments. It has now announced the launch of its tokenization regulatory sandbox.

Once the stars of the crypto market, metaverse tokens like MANA, SAND, and AXS have struggled lately.

The Bank of Russia introduced a proposal to allow highly qualified investors to purchase and sell crypto under an experimental framework lasting three years. Nonetheless, peer-to-peer transactions and payments would still be banned under this sandbox.

During NFT Paris, BeInCrypto had the opportunity to interview Sébastien Borget, co-founder and COO of The Sandbox. As the metaverse market is projected to reach a value of $103.6 billion in 2025, platforms like The Sandbox—a decentralized, community-driven virtual world built on the Ethereum blockchain—are at the forefront of this digital revolution.

Regulatory‬‭ sandboxes‬‭ have‬‭ emerged‬‭ ‬‭as a concept to drive innovation‬‭ in‬‭ a‬‭ controlled‬ setting.‬‭ They‬‭ allow‬‭ companies‬‭ to‬‭ test‬‭ new‬‭ crypto‬‭ products‬‭ and‬‭ services‬‭ while‬‭ regulators‬‭ observe‬‭ and‬‭ adapt‬‭ regulations.

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For most of February, the crypto market trended sideways, but this week, activity has plunged due to the impact of Donald Trump's war trades. The downturn triggered over $800 million in liquidations in the past 24 hours as traders struggled with the volatility.

Over the last hour, bitcoin held steady between $96,850 to just above $97,000, backed by a $1.92 trillion market cap, as traders weigh $12.95 billion in daily volume on Sunday against a narrow 24-hour range of $96,731 to $97,744.

Synthetix (SNX) is a decentralized finance (DeFi) protocol built on the Ethereum blockchain, allowing users to create and trade synthetic assets. These assets mirror the value of real-world assets such as commodities, currencies, and stocks.

The Web3 Alliance of Saudi Arabia (WASA) has launched with three global Web3 players SandBox, Animoca Brands, and Outlier Ventures, as collaborators.

The Sandbox, a leading social gaming metaverse, has launched a major update for its Game Maker platform, enhancing multiplayer capabilities, gameplay mechanics, and brand collaborations. This update empowers creators to build immersive, interactive experiences with cutting-edge tools and expanded brand assets.

The cryptocurrency market is witnessing a modest rebound, but some altcoins struggle. SAND, APT, BERA, and ARB face declining momentum, raising concerns among analysts.

Token unlocks are events when blockchain projects release previously restricted tokens to the market. These events are carefully planned to manage market impact and volatility.

SAND, the native token of The Sandbox, is seeing a resurgence in momentum, breaking out of a falling wedge pattern, a historically bullish chart formation. As of now, the price of SAND has surged by over 10%, currently trading at $0.3995.

Bitcoin and the rest of the crypto market took a turn for the worse over the weekend in price drops that have largely been blamed on Trump's promised tariffs. I overheard a handful of X Spaces hosts sound the alarms about it on Monday, acting as though the bull market was over.

SAND's breakout from the falling wedge could fuel further gains, but key resistance levels remain.