Openledger has launched a $5 million grants initiative in partnership with the Cambridge University Blockchain Society to accelerate research and development in the decentralized AI ecosystem. Dedicated Funding for Core Decentralized AI Components Openledger has announced a $5 million grants init

INIT trades near $0.3438 resistance as wedge compression signals potential breakout. Stable volume and repeated support tests at $0.33 suggest active accumulation. Breakout confirmation above trendline could target $0.6780, pending validation. A recent pattern on the INIT/USDT daily chart

INIT surged 20.5% this week, reaching $0.452 and approaching resistance at $0.4596, while holding above $0.4184 support. Its BTC pair also increased by 8.0%, indicating relative strength. Traders are observing if gains will extend further.

Bitcoin (BTC) has recently dipped from a high of $119,000, breaking through the key support level of $115,000. It then fluctuated between $112,000 and $114,000, attempting to find support and build a base. Currently, the price has gradually stabilized and rebounded to around $114,689.8. The $112,000 level constitutes a stage bottom support and is key to maintaining the rebound trend; while $115,000 is the current main resistance. If it can effectively break through and hold above, it will open up space for further rebounds.

NEIRO Top of the World with a 33% Spike: Neiro (NEIRO) is at the head of the trending tokens with a massive 33.08 percent bounce in the span of one day, heralding the growth of small-cap tokens using Ethereum. INIT EXPLODES on Late Day Rally: Initia (INIT) rallied almost 20% with an escalated

Bithumb, a leading virtual asset exchange in South Korea, announced the official listing of new digital assets INIT and FLOCK on the won market, increasing investment opportunities for users. Security measures and guidelines for transactions were also highlighted.

INIT faces key resistance at $1.03, with potential for 70–80% surge upon breakout. Sustaining above $0.8443 is crucial. Technicals indicate impending price movement, with a breakout likely indicating trend reversal.

According to Deep Tide TechFlow news, on May 16, Initia's official announcement stated that the Initia Airdrop claiming will end in 8 days, with 93% of the airdrop already claimed, and approximately 3.4 million INIT remaining to be claimed.

According to Deep Tide TechFlow news on May 11, the HTX market information indicates that INIT fell back after breaking 1.2 USD, currently quoted at 1.174 USD, with a rise of over 45% in 24 hours.

Initia announced a large airdrop of 50 million INIT tokens before its mainnet launch, rewarding early supporters. Majority of the distribution will go to users participating in testnet campaigns and ecosystem partners. Social participants will also receive tokens.

Initia, a Layer-1 blockchain platform, intends to distribute 50 million INIT tokens in an upcoming airdrop, accounting for 5% of its total supply.

Rollup integrated network Initia announced the launch of the Cabal project, where users can generate wrapped assets with strong Liquidity by depositing INIT and LP Tokens, aggregate VIP rewards and governance power, and drive Minitias' active participation in ecosystem development through a bribery mechanism. Previously, Cabal has secured $3 million in funding from Delphi Digital, Nascent, and Hack VC. The Initia VIP program aims to address issues such as inconsistent dApp incentive mechanisms in multi-chain ecosystems and promote the healthy development of the ecosystem.