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Recently, Cycle Network made a key "narrative upgrade"—transforming from a cross-chain solution to a multi-chain settlement layer without cross-chain capabilities, which is even referred to by the official as "VisaNet" in the crypto world.
What does this mean?
In simple terms, it no longer relies on traditional cross-chain bridges, but rather achieves secure and efficient settlement directly between multiple chains through the Ethereum + Zero-Knowledge Proof (ZKP) architecture. Developers no longer need to worry about the complexities of cross-chain operations, and asset circulation on-chain will also be more transparent and verifiable. Especially for stablecoins and RWA (real-world assets), Cycle can provide a universal settlement layer across the entire chain, allowing these assets to circulate as securely and efficiently as in the Visa network.
At the infrastructure level, Cycle has already achieved considerable success:
Over 400 million USD in security guaranteed assets;
Mainnet transaction volume exceeds 3 million;
Integrated with over 20 chains, including Monad, Berachain, BSC, Base, etc.
In addition to technology, Cycle has also received new endorsements. It has obtained investment from Unicorn Verse and launched UnicornX, becoming the latest UniCall project. UnicornX is not just a DEX; it functions more like an accelerator for resources and trust. According to data, projects that connected to UniCall in the past saw an average increase of over 500%, which is a strong boost for the growth of Cycle's ecosystem.
It is worth mentioning that during the recent overall sluggish market, Cycle's FDV (Fully Diluted Valuation) has remained above 100 million USD, and the price trend after the TGE has also been relatively strong. This indicates that the market's recognition of it is not low, giving off a bit of a "going its own way" vibe.
Overall, Cycle is not just a technical narrative upgrade, but also a project that "dares to run independently in the cold winter." Its positioning has evolved from solving cross-chain issues to aiming to become the settlement hub for all chains. If this vision can be realized, it indeed has the opportunity to become a major player in the encryption infrastructure.
$CYC #VisaNet @cyclenetwork_GO @unicornxdex @unicornverse_io