Toncoin (TON) has daily active users surpassing Ethereum, driving a price prediction of $10. The native token of the Open Network, Toncoin (TON), has dropped by 12% in the past week, following the overall market adjustment led by Bitcoin (BTC) from its recent all-time high of $7.76. However, despite the temporary setback, the optimistic sentiment surrounding TON and its network has led cryptocurrency analysts to speculate that this stagnant upward trend may continue, with some even predicting that the TON price will break current record levels and reach double digits. Crypto analysis firm has made an interesting observation that the daily active addresses of TON have surpassed Ethereum (ETH) for the first time. The surge in activity is attributed to Telegram's massive user base of 900 million behind TON's social media platform. Delphi Digital realizes that TON's success is dependent on leveraging Telegram's distribution capabilities. In a recent social media post, a renowned analyst known as the 'King of Cryptocurrency' and decentralized finance (DeFi) recommended that newcomers explore TON, emphasizing its ultra-fast and user-friendly blockchain infrastructure. The analyst also emphasized the credibility of the TON development team, which is the same team behind Telegram. Crypto King believes that the price of TON may soar significantly and reach $10 in the coming weeks. Market expert Alex Clay also holds a similar view, pointing out that despite the market downturn, TON maintains a bullish structure and is expected to achieve double-digit growth. Clay suggests that TON could reach $10, with short-term target prices possibly at $10.5 and $11.6. Clay also mentioned the presence of a daily cup handle pattern, which further enhances the optimistic outlook for TON. Token Terminal data reveals key indicators that suggest a long-term bullish outlook for the TON blockchain. Over the past 30 days, the fully diluted market capitalization has grown by 3.6%. However, the token's volume has declined by 11.6% during the same period. On the other hand, the number of token holders has increased by 76.3%. In terms of revenue and expenses, there has been a positive growth of 26.0% each in the past 30 days. Interestingly, the active user base of the TON network has grown by 245.1%, with approximately 5.42 million monthly active users. Despite positive growth in all indicators over the past 30 days, the price of Toncoin has fallen by 3% during the same period, resulting in the current trading price of $6.82. In the short term, bullish investors need to closely monitor the recent support level of $6.80 to effectively prevent further token decline. On the other hand, the recent resistance level is $7.53, which is the last obstacle Toncoin may retest before reaching its historical high. (Data Source: Ronaldo Marquez)

PANews news on January 24, according to The Block, liquidity staking platform ClayStack is entering the Ethereum re-staking space through EigenLayer and providing users with reward points at a 1:1 ratio before its token release. The project said on Monday that it is changing its EthereumLiquidity staking Token called csETH to a re-staking Token and will use the Ethereum re-staking protocol EigenLayer to provide the new service. Mohak Agarwal, founder and CEO of ClayStack, said the platform currently accepts direct re-staking of native ETH on EigenLayer and will support Liquidity staking Tokens such as stETH and rETH "within a few days." ClayStack will offer reward points at a 1:1 ratio to users using its Ethereum restaking service, meaning that each Clay point will be redeemed for one Clay Token in the future. Agarwal noted that 20 Clay points will be awarded for each ETH per week, with rates changing every Monday and then remaining largely unchanged for a week. There is no minimum or maximum score for any user. However, there is a cap on the number of points that all users can earn each week, which is also refreshed at the beginning of each week and displayed on the platform. To be sure, ClayStack's Clay credits aren't entirely new. Agarwal said a version of these points has gone live since the project began its EthereumLiquidity staking service in September last year, and the revamped points system will go live today and will continue to run until the end of the first quarter of this year. In addition to Clay Credits, ClayStack will also provide its users with EigenLayer Restaking Credits, which cannot be exchanged for CLAY Tokens. Agarwal said ClayStack will announce its Token offering plans next month, but declined to disclose a specific release date.

According to IT House citing Business Insider news, Google has terminated an AR glasses project that has been in development for many years. The glasses are internally code-named Iris, according to three people familiar with the matter. Earlier this year, Google experienced layoffs, reorganization, and Google AR/VR director Clay Bavor (Clay Bavor) also announced his departure, and the glasses have since been shelved. A Google spokesman declined to comment. Since shelving its Iris glasses, Google has been focused on building an AR software platform that it hopes to license to other headset makers, the report said. Google employees are developing the software using a prototype platform internally known as "Betty." One employee described the glasses platform as "Android for AR."