The market has been choppy lately, but overall the trend is leaning upward. As we mentioned in previous updates on BONK and ETH, there are still great trading opportunities out there. Just remember—it’s not a straight line to the top. So, take profits when you can. If you miss an entry, there’s always another coin showing strength. With that in mind, let’s dive into this week’s most important updates in crypto. Spoiler: Trump is all over the headlines again.
Trump Crypto Updates
The biggest story this week comes from the intersection of politics and crypto.
First up, the Trump Wallet was officially taken offline. It was originally launched by the Trump meme coin community, but after recent talks, the Trump Family and World Liberty Financial (WLFI) decided to wind it down. In exchange, Eric Trump shared that WLFI will consider investing in the Trump meme coin.
This news sent a wave through the community.
Meanwhile, WLFI continues to make headlines of its own. They just closed another massive OTC deal—$40 million at a $10 billion valuation. That brings their total funding raised to $105 million. For early investors from the presale round, that’s a solid 6.6x return.
On top of that, the USD1 stablecoin from WLFI is gaining serious traction. It’s now live on the Tron network. That move wasn’t unexpected, given Justin Sun’s growing involvement with both WLFI and broader Trump crypto projects.
There’s even a trading competition underway for USD1 with solid prizes. You can find the details on AirdropAlert.
The numbers speak for themselves. USD1 became the third most traded stablecoin this week, even surpassing DAI. Over $800 million in volume was recorded—an incredible start.
And then there’s the teaser…
On Trump’s official announcement site, a countdown timer has appeared. No one knows what it points to, but rumors are flying. Could it be related to WLFI’s token generation event? Maybe an official listing for the Trump token? Or something else entirely? Whatever it is, keep notifications on, because if it’s crypto-related—it’ll be tradable.
IRIS Agent on Ethereum by Virtual
Another major development came from the Virtual Protocol ecosystem.
A new AI agent, called IRIS, has captured everyone’s attention. Unlike other agents that launched on Base, IRIS is launching directly on Ethereum’s mainnet. That’s a big deal. Congrats to everyone who pledged their virgin points and got in!
Technically, it’s backed by Nethermind—one of the core development teams in Ethereum. Strategically, it’s managed by the Virtual Protocol team. In short, this is a collaboration between two serious players in the space.
IRIS is focused on smart contract security, making it highly relevant in a time when hacks are all too common.
What also makes IRIS stand out is how it’s structured. Half of the token supply is being distributed to the community. No tokens are reserved for the team. Another 37.5% is for fundraising, and 12.5% is for liquidity. That makes this feel more like a public good than a typical startup.
They’ve also gone with a surprise launch. The token went live just hours after the announcement, so there was no chance for insiders to farm extra points. Everyone had to start from scratch.
Once the news dropped, it exploded on Crypto Twitter. Even NFT-only accounts started sharing it. Within the Virtual community, many users pledged their Virgin Points to IRIS, hoping to secure a piece of the action.
But beware—some fake IRIS agents popped up too, and a few users accidentally sent their points to the wrong contract. Always double-check links and announcements. Scammers are everywhere.
This launch signals something much bigger. It’s Ethereum’s first AI Agent to go live on mainnet. That makes it a clear statement that Ethereum is ready to take a lead role in the AI + crypto movement.
While the tech is solid, real success will depend on the Virtual team’s ability to execute. The demand is there, no doubt. Now it’s about managing it properly.
IRIS has just become tradable and briefly touched a $130 million market cap. We’ll be eying this for trades.
Related: Ultimate Virtual Airdrop Strategy guide.
Airdrop Claims and Quick Updates
This week also delivered some nice surprises for airdrop hunters. Here are the highlights:
- DefiDotApp ($HOME): The claim is live, and it’s already tradable on Bybit.
- Plume Network: Their long-awaited claim is now open.
- Bombie: You can claim your airdrop. It will be tradable soon on Blofin.
- Skate Token: Claim live, trading on Bybit.
- Pengu: It’s heading to Hyperliquid. That could mean an airdrop snapshot is coming soon.
If you’re tracking airdrops, this is a solid week to secure some new bags.
Missed out on these? Join one of these testnet airdrops.
Evertz Pharma Adds 100 BTC to Their Treasury
In a move no one saw coming, a German cosmetics company just made a major crypto play.
Evertz Pharma GmbH purchased 100 BTC in May 2025—worth over €10 million at the time. That makes them the first private German company to publicly commit to a Bitcoin treasury strategy.
They’ve been slowly building their digital reserve since December 2020, when they made their first €2 million BTC purchase. This latest move signals a strong belief in Bitcoin’s long-term value.
Company CFO Tobias Evertz said they’ll continue allocating company profits toward Bitcoin. They’re taking a long-term view, seeing BTC as a modern hedge against economic instability.
This move puts them in line with major players like MicroStrategy, but they stand out because they’re private—not publicly traded. That gives them more flexibility in how they operate and invest.
It’s another example of how Bitcoin is becoming a serious asset—not just for tech firms, but also for more traditional businesses.
Plasma Raises Cap to $1 Billion—and Fills It Instantly
Plasma is back in the spotlight.
They raised their deposit cap from $500 million to $1 billion—and filled it in just 30 minutes. The demand is real.
Here’s the breakdown:
- The deposits don’t go toward a token sale. Users keep ownership of their funds.
- But locking funds gives eligibility for a $50 million public sale of $XPL tokens later.
- The first $500 million round filled in 5 minutes. This one took a bit longer—but still a stampede.
The idea behind Plasma is powerful. They want to bring native stablecoin support to Bitcoin through an EVM-compatible sidechain. That means lower fees, zero gas for stablecoin transfers, and the security of the Bitcoin network.
They’ve launched a Galxe campaign that could offer TGE benefits. You can check that out here.
This is a project to keep your eyes on, especially if you’re interested in early access via deposit strategies.
Final Words
This week had it all: political drama, AI launches, major OTC deals, and even some old-school Bitcoin news from Germany. If you’re active in crypto, there’s never a dull moment.
The Trump Crypto wave is building, and projects like WLFI and USD1 are becoming harder to ignore. At the same time, new protocols like IRIS on Ethereum and Plasma on Bitcoin are creating serious buzz.
As always, stay sharp, take profits when you can, and keep researching. Because in crypto, opportunity moves fast—and so should you.
More updates next week.
If you enjoyed this blog, you may want to check our other crypto news updates.
As always, don’t forget to claim your bonus below on Bybit. See you next time!
