RIVER's recent rapid increase of 4.05% is driven by several factors. First, River launched an OAT campaign on the X Layer. From January 13 to 16, users holding ≥10 satUSD who participate continuously for 3 days can share 1 million River points. This direct incentive indeed attracts some attention.



More importantly, there are technical advancements. The collaboration between River and X Layer has advanced the implementation of the chain abstraction stablecoin system. The satUSD minting function, cross-chain yield support, and liquidity deployment are all gradually improving, indicating that the project is genuinely building its ecosystem.

Institutional investment is also joining the excitement. Arthur Hayes's Maelstrom Fund made a strategic investment in River, showing that the industry remains optimistic about the chain abstraction direction. Policy, product, and capital factors are pushing this upward movement.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
LiquidatedTwicevip
· 7h ago
It's another OAT and institutional endorsement; this combination really has some substance.
View OriginalReply0
wagmi_eventuallyvip
· 8h ago
Only 4 points? The satUSD logic is indeed pretty good, but it still doesn't feel like it's crazy yet.
View OriginalReply0
ZkSnarkervip
· 8h ago
well technically speaking... chain abstraction stablecoins are just the zk proof equivalent of "we fixed crypto" except this time with actual engineers involved lol. satUSD minting + Hayes backing? imagine if this actually ships
Reply0
CodeAuditQueenvip
· 8h ago
Chain-abstract stablecoins sound good, but I haven't seen an audit report for the satUSD minting mechanism. Cross-chain systems like this are most vulnerable to reentrancy attacks.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)