Coinbase-Backed Zebec Network’s ZBCN Token Surges 300% Amid Strategic Growth

Zebec Network’s governance token ZBCN has experienced a remarkable surge of nearly 300% within a month, reaching an all-time high of $0.007 before stabilizing at $0.005 due to profit-taking. This impressive rally is attributed to strong community growth, strategic acquisitions, and rumors of high-profile partnerships. The DeFi protocol, which has secured $46 million in funding from notable investors including Coinbase Ventures and Solana Ventures, specializes in enabling real-time blockchain payments. Despite the recent volatility, the project continues to demonstrate significant potential in the decentralized finance space, driven by its innovative technology and robust backing. As of June 2025, Zebec Network remains a key player to watch in the evolving cryptocurrency landscape.

Zebec Network’s ZBCN Token Skyrockets Nearly 300%: What’s Fueling the Surge?

Zebec Network’s governance token ZBCN has surged nearly 300% in a month, reaching an all-time high of $0.007 before settling at $0.005 amid profit-taking. The rally reflects strong community growth, strategic acquisitions, and rumored high-profile partnerships.

The DeFi protocol, backed by $46 million from investors including Coinbase Ventures and solana Ventures, enables real-time blockchain payments. Despite an 18% daily pullback, ZBCN’s 10% weekly gain outperformed the broader crypto market’s 3.7% decline.

Market observers note the token’s volatility follows a pattern common among altcoins after rapid appreciation. The network’s unique payment infrastructure and institutional backing continue drawing attention amid the pullback.

Coinbase to List Ethena (ENA) as Bullish Momentum Builds

Ethena’s native token ENA surged 5% following Coinbase’s announcement of its inclusion in the asset roadmap, marking the DeFi asset’s fourth consecutive green day. The ERC-20 token now flirts with a $0.34 breakout level as derivatives data reveals a 9.45% spike in open interest to $427 million.

Coinbase’s X post confirming ENA’s impending listing triggered renewed institutional interest, with the contract address 0x57e114B691Db790C35207b2e685D4A43181e6061 becoming a focal point for traders. Market technicians note the combination of exchange endorsement and rising OI creates ideal conditions for continuation patterns.

Ethena Surges 5% on Coinbase Listing Prospects

Ethena (ENA) gains over 5% following Coinbase’s inclusion of the token in its asset roadmap for potential listing. Derivatives data and technical analysis suggest growing bullish momentum, with ENA eyeing a breakout toward $0.34.

The announcement sparks renewed interest in the protocol, demonstrating how exchange listings continue to serve as key catalysts in crypto markets. Ethena’s uptick contrasts with broader market consolidation.

Coinbase-Backed Symbiotic Launches ‘Relay’ for Trustless Multichain Staking and Consensus

Symbiotic, a staking protocol backed by Coinbase, has introduced ’Symbiotic Relay,’ a groundbreaking shared staking feature designed to enable seamless multichain staking and consensus verification. This innovation allows developers to utilize staked assets from any integrated blockchain to verify protocol decisions across other supported chains, eliminating the need for traditional trust mechanisms.

The launch marks a significant leap in blockchain interoperability. For the first time, stake alignment is achievable between entirely different networks, tokens, and consensus layers. Algys Ievlev, Symbiotic’s co-founder, highlights how Relay simplifies the historically complex and costly process of building secure multichain infrastructure, transforming it into a plug-and-play solution.

Relay’s trustless coordination framework opens new possibilities for decentralized applications. Protocols can now construct bridges, settlement layers, oracles, and rollups without relying on centralized validators or compromising decentralization—a development that could reshape the multichain landscape.

Crypto Fundraising Shifts Toward Late-Stage Deals and Consolidation

The cryptocurrency fundraising landscape is undergoing a notable transformation, with capital increasingly flowing toward late-stage private rounds and consolidation deals rather than early-stage ventures. May’s activity highlighted this trend, with Coinbase’s acquisition of Deribit derivatives exchange emerging as the standout transaction—though it fell outside traditional venture capital metrics.

Last month saw 122 deals collectively raise $1.92 billion, revealing a stark divergence in funding patterns. Seed rounds now account for just 30% of total deals, while over 37% of capital deployed went to unannounced deals, private placements, or late-stage financing. The data underscores growing institutional caution toward speculative token launches and early-stage bets.

Deal sizes tell a similar story: 58% of transactions fell between $1M-$10M, while six deals exceeded $50M. Animoca Brands—once a prolific investor—participated in just four deals, signaling broader recalibration among crypto VCs. The market’s skepticism toward insider-dominated tokenomics continues to reshape investment theses.

DeFi projects remain favored recipients despite a 6.1% contraction in overall fundraising. This selective capital allocation suggests mature protocols with clear revenue streams are outcompeting experimental concepts in the current climate.

Golden-Cross Tease: Ethena Eyes $0.60 If Coinbase Turns Road-Map Into Reality

Ethena’s potential listing on Coinbase has sparked market speculation, with technical indicators suggesting a bullish breakout toward $0.60 could materialize if exchange support solidifies. The altcoin faces immediate resistance between $0.356-$0.375 where 6.29 billion ENA tokens await breakeven sellers—a critical zone that could either trigger profit-taking or fuel continuation momentum.

Long-term holders demonstrate conviction through accumulation behavior, with Market Capitalization Accumulation metrics revealing strategic positioning rather than panic selling. This cohort’s steadfastness provides fundamental support against volatility, creating a foundation for price discovery should Coinbase’s roadmap translate into actual liquidity.