What Shipped
Welcome to your October 2025 blockchain update! This week, we’re seeing some exciting developments, especially from the Ripple, Stellar, Hedera, Flare Network, and XDC Network ecosystems. Let’s break down the key news and market movements to help you better understand what’s happening in the crypto world.
One of the standout stories is the launch of Etherfuse, a project aiming to bring 100 sovereign currencies—think national money like dollars, euros, and yen—onto blockchain networks. This means that governments and financial institutions could use blockchain technology to make currency transactions faster, more transparent, and more secure.
Stellar, a blockchain platform focused on cross-border payments, also rolled out its Protocol 24 upgrade. This upgrade improves the network’s efficiency and security, making it easier for developers to build new applications on Stellar.
Additionally, Stellar recently hosted the Stellar i³ Awards 2025, celebrating innovation and new projects within its ecosystem. These events highlight the growing community and ongoing improvements in blockchain technology.
On a broader scale, Chainlink, a decentralized oracle network that connects smart contracts to real-world data, released its Q3 2025 Quarterly Review and was named the winner of the Swift Hackathon 2025 Business Challenge. Chainlink also introduced DataLink, a new service designed to bring institutional market data onto blockchains, which could help businesses make smarter, data-driven decisions.
Why It Matters
These developments are important because they show how blockchain technology is evolving beyond just cryptocurrencies and into the realm of real-world applications. Bringing sovereign currencies onchain through projects like Etherfuse could revolutionize how money moves around the world, making it faster and cheaper to send money internationally. This is great news for businesses and individuals alike, especially those who rely on cross-border payments.
The Stellar network’s upgrade is another positive sign. Protocol upgrades improve the underlying technology, making transactions smoother and more secure. For investors and users, this means more confidence in the network and potentially more adoption from businesses.
Chainlink’s achievements highlight the growing importance of connecting blockchains with real-world data. Smart contracts—self-executing contracts coded on blockchains—need reliable data to work properly. By winning hackathons and launching new data services, Chainlink is helping to build the infrastructure needed for more complex blockchain applications, which could lead to innovations in finance, insurance, and beyond.
Builders’ Corner
- Etherfuse: Think of this as creating digital versions of national currencies on blockchains. This can simplify international trade and reduce reliance on traditional banking systems.
- Stellar Protocol 24 Upgrade: A technical improvement that enhances the network’s speed and security. If you’re a developer, this means new tools and features to build better apps.
- Chainlink DataLink: A new service that brings trusted market data directly onto blockchains, helping smart contracts make decisions based on accurate information.
- Stellar i³ Awards: Recognizing innovative projects on Stellar, encouraging more developers and entrepreneurs to join and expand the ecosystem.
- Hackathon Wins: Chainlink’s success in the Swift Hackathon demonstrates growing collaboration between blockchain technology and traditional finance.
Quick Prices
Here’s a snapshot of some popular cryptocurrencies as of October 28, 2025, early morning ET:
- Bitcoin (BTC): $114,561, slightly down by about 0.26% in the last 24 hours.
- Ethereum (ETH): $4,126.77, down roughly 0.85% in 24 hours.
- Ripple (XRP): $2.66, up 1.37% in the past day.
- Stellar (XLM): $0.33, increasing by 2.23%.
- Hedera Hashgraph (HBAR): $0.21, with a strong gain of 17.1% in 24 hours—an impressive jump!
- Flare Networks (FLR): $0.017, down about 2.07%.
- XDC Network (XDC): $0.0619, slightly down by 0.63%.
These price movements show a mixed market with some coins like Hedera making notable gains, while others have small losses. Hedera’s big jump might be due to positive news or developments related to its network, making it worth keeping an eye on.
What to Watch
- Federal Reserve Week: Bitcoin and other cryptocurrencies have been slightly slipping as traders anticipate a possible interest rate cut of 4.25%. Interest rates often affect investor confidence and can influence crypto markets.
- Dogecoin’s Pattern: Dogecoin is consolidating below $0.21 and showing a “cup-and-handle” pattern, a technical chart sign that some traders interpret as a bullish signal, meaning prices might rise soon.
- Bot Glitch Impact: A recent glitch caused Hyperliquid’s HYPE token to soar to $98 unexpectedly, showing how automated trading can sometimes cause wild price swings.
- Continued Growth of Onchain Currencies: Follow Etherfuse’s progress in bringing more sovereign currencies onchain, as this could be a game-changer for global finance.
- Stellar Protocol 24 Adoption: Watch how quickly developers and businesses adopt the new protocol upgrade, which can signal the network’s long-term strength.
In summary, the blockchain space continues to innovate and mature, with projects focusing on real-world use cases like cross-border payments and data integration. These advances set the stage for wider adoption and exciting new opportunities for investors and users alike.
TL;DR: Etherfuse is working to put 100 national currencies on blockchain, promising faster and cheaper cross-border payments. Stellar upgraded its network with Protocol 24, improving speed and security, while Chainlink continues to bridge real-world data with blockchains. Market prices show mixed movements, with Hedera Hashgraph gaining over 17%. Keep an eye on Fed rate decisions and technical patterns in coins like Dogecoin for near-term market clues. Overall, blockchain tech is advancing steadily toward practical, impactful use.
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