Solana News Update: Pacifica Token Rises in Bid to Break Free From Solana's Price Fluctuations
- Pacifica, a Solana-based perpetual trading platform, increased weekly token distribution to 10 million starting October 30, 2025, to boost user engagement and reward traders. - The update follows a technical upgrade and a 20x multiplier on user points, alongside a new VIP program offering fee discounts and invitation rebates to active traders. - With $38B+ cumulative trading volume and $5B+ weekly volume, Pacifica aims to decouple from Solana's volatility by prioritizing high-frequency rewards and tiered
Pacifica, a perpetual contract trading platform operating on Solana, has announced a substantial increase in its weekly point allocation to 10 million tokens starting October 30, 2025. This move is designed to boost user participation and provide greater rewards for traders. The platform, which has now attracted more than 27,000 active users and sees weekly trading volumes surpassing $5 billion, revealed that the enhanced distribution will take place every Thursday at 0:00 UTC. According to a
This development comes after a significant technical upgrade, as Pacifica finalized the initial stage of its "engine shard" project to optimize trading performance. At the same time, the platform implemented a 20-fold multiplier to all user point balances, significantly increasing existing point totals, as reported by
The expansion in point rewards comes amid shifting market conditions within the
The platform’s growth strategies are further supported by its rising user numbers and operational scale. With total trading volume since launch exceeding $38 billion, Pacifica’s ability to maintain a weekly distribution of 10 million points reflects its confidence in ongoing expansion. Lookonchain also observed that, although the $250-per-point requirement is higher than before, it remains attractive compared to other decentralized trading platforms, which often set similar or higher thresholds for comparable rewards.
Pacifica’s recent changes are also in step with larger trends in the Web3 trading landscape, where platforms increasingly use token-based gamification to encourage engagement. The new VIP program, which links fee reductions to recent trading activity, echoes loyalty schemes in traditional finance, but adapts them to the open, permissionless environment of blockchain—a point emphasized by Lookonchain.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Updates: France Embraces Bitcoin and Stablecoins While ECB Advances Digital Euro Plans
- ECB accelerates digital euro plan for 2029 rollout to modernize eurozone finance and reduce cash reliance. - French lawmakers oppose it, citing privacy risks and advocating crypto/stablecoins as alternatives. - Global CBDCs advance, with Hong Kong’s e-HKD pilot and U.S. stablecoin-friendly policies. - Stablecoins like USDC gain traction, outpacing USDT with regulatory compliance and institutional adoption.
Milk Mocha: Blending Rarity and Emotion to Create Value in Crypto
- Milk Mocha ($HUGS) presale has become 2025's most anticipated meme coin with record whitelist signups and deflationary tokenomics. - The 40-stage presale burns unsold tokens weekly, creating scarcity while community governance and bear-themed branding drive engagement. - Analysts highlight its structured approach to value retention, contrasting with traditional meme coins' inflationary pitfalls through transparent on-chain burns. - Combining emotional branding with DAO governance and NFT integrations, $H
Rocket’s Rapid Growth and Leonardo’s Divestment Indicate Major Changes in the Industry
- Rocket Companies' Q3 2025 revenue surged 31.1% to $1.75B, driven by mortgage demand and Redfin acquisition, despite EPS dropping 50% to 4 cents. - Leonardo SpA announced a 9.4% Avio stake sale for €400M, reducing ownership to 19%, to fund Italy's space sector expansion amid rising aerospace demand. - Rocket's digital mortgage modernization and Leonardo's portfolio optimization highlight sector shifts toward tech-driven growth and strategic reinvestment.
Court Upholds Federal Authority to Exclude Crypto Banks Due to Systemic Risk
- U.S. appeals court upheld Fed's denial of Custodia Bank's master account request, citing systemic risk concerns over crypto exposure. - Court rejected Custodia's argument that Fed violated statutory access rules, affirming central bank's discretion to block high-risk institutions. - Judge Tymkovich dissented, asserting Fed's statutes mandate access for eligible banks regardless of asset focus. - Custodia may seek rehearing amid potential jurisdictional splits and hinted at leveraging future Fed leadershi
Trending news
MoreCrypto prices
More
