Altcoins in focus: PUMP weekly move, Avalanche network activity, Mono whitelist, and Nexchain token-sale updates

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The crypto market has seen notable moves across several tokens. PUMP has risen more than 66% over the past week, while Avalanche has reported higher transaction activity.

Mono Protocol has opened a whitelist stage, drawing attention from developers and market participants interested in blockchain infrastructure tools.

Nexchain has also been discussed alongside these developments following a roadmap update on September 5 and a testnet launch in August, according to project materials.

Nexchain AI Layer 1 Blockchain: Overview

Nexchain describes itself as a Layer 1 blockchain that integrates artificial-intelligence features at the protocol level. In project descriptions, this includes AI-assisted components related to consensus, smart contracts, and governance processes.

The team says the network uses a hybrid Proof-of-Stake design combined with sharding and DAG-based structures, and has cited throughput figures that it claims can reach up to 400,000 transactions per second. It also describes AI-based fraud detection and a post-quantum cryptography layer; these claims are not independently verified here.

Nexchain also states that its smart contracts can adjust execution behavior based on network conditions.

According to the project, the token sale is in ā€œStage 27,ā€ with 1 NEX listed at $0.108 at the time of writing. The project also reports raising $10,298,530 toward an $11,025,000 target; fundraising figures can change and may not be independently verifiable in real time.

The roadmap and testnet milestones referenced by the project have contributed to ongoing discussion about Nexchain’s development progress.

PUMP Price Moves Draw Attention

PUMP has been in focus after recording a 125% monthly gain and a weekly move of more than 60%, reaching $0.008819 at its recent peak. The token later pulled back and traded near $0.0078, a 3.4% daily decline at the time described, as some market participants took profits.

Some chart commentary has pointed to a support area between $0.00613 and $0.00605, with a resistance zone around $0.00739 to $0.00797. As with any technical analysis, these levels are interpretations rather than guarantees, and prices can move quickly in either direction.

The move also illustrates the volatility that can occur in crypto markets.

Avalanche Network Activity Increases

Avalanche has reported increased on-chain activity. In August, the network processed 35.8 million transactions on its C-Chain, according to figures cited in market commentary. Avalanche has also been cited as having $2.02 billion in Total Value Locked and $569.6 million in daily DEX activity, which are metrics that can fluctuate based on data sources and market conditions.

Separately, $GUN has been described as the first gaming token under Avalanche to receive EU MiCAR approval, in reports referenced by commentators covering the network.

While AVAX has traded near $30 in the period referenced, some market commentary has discussed much higher price levels. Such scenarios are inherently speculative and depend on many factors, including broader market conditions and liquidity.

Mono Protocol Opens Whitelist Stage

Mono Protocol describes its product as a chain abstraction system intended to unify balances across multiple networks. The project says this design allows users to transact across supported chains with a single account and balance.

Mono also describes features such as Liquidity Lock technology and universal gas mechanisms aimed at reducing transaction friction, alongside APIs intended to help developers build multi-chain applications.

The team says the project raised $2 million in a private round and is opening whitelist registration ahead of a planned token sale.

Altcoins and Early-Stage Projects Remain Volatile

Recent activity in PUMP, AVAX, and MONO highlights the range of drivers in the altcoin market, from short-term trading moves to network usage metrics and early-stage fundraising updates.

Nexchain’s updates have been part of that broader discussion, particularly around its roadmap and testnet progress, as described by the project.

Project links (for reference):

Website: nexchain.ai/

X: x.com/nexchain_ai


This article is for informational purposes only and does not constitute financial or investment advice. This outlet is not affiliated with the project mentioned. Crypto assets are volatile, and information related to token sales and project roadmaps can change.

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