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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.