DEGN has released a Solana-based NFT that can be redeemed for a physical minting device called the Airmoney DEGN Genesis Edition. The device functions as a DePIN hardware wallet, allowing users to trade directly and print their wealth.

According to its description on NFT marketplace Magic Eden, there are 1,690 numbered Airmoney DEGN Genesis Edition devices available for NFT buyers. Marketed as a “physical money printer,” the Airmoney DEGN enables users to trade, earn, and print physical money directly from the device.

“The crypto world needed a physical money printer, so we built one. DEGN Genesis Edition introduces 1690 numbered devices – each uniquely paired with a Solana NFT,” wrote DEGN.

On its official X account, @AirmoneyDegn, the company announced that minting for the device will begin on Jan. 2 at 9:00 a.m. EST. Whitelisted wallets will have early access for the first two hours upon launch, with each buyer limited to five NFTs. However, the official release and worldwide shipping dates for the product remain unclear.

Users interested in purchasing the device can redeem it through the NFTs. After minting, buyers will be able to fill out a pre-order form on the official site. Based on the Solana (SOL) blockchain, the NFTs for the device cost 2.69 SOL or around $560.

DEGN claimed the device is backed leading crypto firms including ByBit, Berachain, Movement, and Hyperliquid. Promotional images depict the device as featuring two buttons labeled “long” and “short,” a screen displaying trading activity for various tokens, and a side knob.

Additionally, DEGN stated that holders of the Genesis Edition device will receive “lifetime node rewards” and participate in what it calls “the largest token distribution in DePIN history.” Hinting at a future token launch, DEGN promises device holders a 69% allocation of its future tokens.

“This isn’t just another hardware wallet; it’s a physical manifestation of crypto culture, built for the trenches, engineered for degens. Each device serves as your key to the future of decentralized physical infrastructure networks,” wrote DEGN.

Each buyer will receive a uniquely numbered device that provides access to DEGN’s on-chain marketplace. Users can also run decentralized nodes directly through the device and earn rewards.

The recently launched Destra crypto, DSYNC, leaps as high as 32% following an announced 0% tax from Destra. DSYNC is the native token of Destra network, a decentralized AI computing platform.

According to data from CoinGecko, DSYNC has gone up by more than 30% in the past day of trading. At the time of writing, it is trading hands at $0.406. At the beginning of December, DSYNC reached a new all-time high, surging to more than half a dollar. The token’s current price is only 22% lower than its recent ATH.

In the past week, DSYNC has been on an upward trend. The token has gone up by more than 21%. However, it has gone down by 7.6% in the past month of trading.

A day before DSYNC’s price surge, the Destra Network announced via an X post that DSYNC is now tax free. Shortly after the announcement, the token spiked by 13% before seeing bigger gains the day after.

It is possible that the recent boost was fueled by the broader AI token rally. According to data from CoinGecko, the total market value of AI meme coins crossed the $10 billion threshold, increasing by nearly 30% in the past 24 hours. At the time of writing, its combined market cap is nearing $11 billion.

The Destra Network is known for its optimization of AI technology within the blockchain and cloud solutions using GPU. The project has been a champion of using decentralized AI agents.

According to its X account, Destra is in the process of developing a platform called Destra Sentient, that would provide traders with specially designed AI agents that “think like humans, communicate naturally, and bring a new level of interaction to your digital world.”

As previously reported by crypto.news, major networks such as ZKsync and Ripple Labs have made strides to combine AI and blockchain technology, whether it is through partnering with AI platforms or launching their own.

According to Syncracy Capital, AI technology is still fairly new to the crypto space, with only 1% of the total crypto market cap credited to AI-integrated projects. Though, this may soon change as AI tokens continue to reign.

According to a recent report by Steno Research, Ethereum (ETH) is poised to outperform Bitcoin (BTC) in 2025. This outlook is attributed to historical trends and the anticipated impact of favorable cryptocurrency regulations following Republican presidential candidate Donald Trump’s victory in the November election.

Will 2025 Be The Year Of Ethereum?

While the overall cryptocurrency market surged to unprecedented heights this year – reaching an all-time high (ATH) total market cap of $3.9 trillion – Ethereum, the second-largest cryptocurrency, has lagged behind in terms of price performance.

Related Reading

However, Steno Research’s report suggests Ethereum could finally achieve a new ATH in 2025, driven by increased institutional investment and supportive regulatory developments. The report predicts that ETH could climb to at least $8,000 in the upcoming year.

Bitcoin is also expected to hit a new ATH of $150,000 in 2025, but Ethereum may more than double from its current price of $3,400. Additionally, the ETH/BTC trading pair is forecasted to rise from 0.035 to 0.06 within the next 12 months.

The weekly chart below illustrates ETH’s declining performance against BTC since September 2022. However, the pair is now hovering near a crucial support level at 0.035, with expectations of a rebound to the 0.06 level, which was last seen in February 2024.

Steno Research’s optimistic forecast for Ethereum underscores a potential bullish momentum for altcoins in 2025. Mads Eberhardt, an analyst at Steno Research, stated:

This expectation is partly based on the argument that Donald Trump’s U.S. presidential victory is more favorable for altcoins than for Bitcoin.

The report adds that Bitcoin dominance (BTC.D) – a metric used to gauge the proportion of the total crypto market cap commanded by BTC – is expected to tumble to as low as 45% from its current level. 

The following weekly chart demonstrates BTC.D’s sustained uptrend since September 2022, rising from a low of around 39% to a peak of 61%. However, recent price action suggests a lower high has been formed, signaling a potential sharp decline to around 45%.

DeFi Activity To Rebound In 2025

The report further predicts a resurgence in decentralized finance (DeFi) activity within Ethereum’s ecosystem in 2025. Specifically, the total value locked (TVL) in decentralized applications is expected to hit a new high of $300 billion next year.

Related Reading

Renewed interest in DeFi could further drive higher altcoin prices in 2025. Notably, ETH jumped 10% following Trump’s November election victory, as improved sentiment surrounding DeFi regulations boosted market confidence.

In addition, strong inflows attracted by spot Ethereum exchange-traded funds (ETF) further strengthen the bullish case for ETH heading into 2025. At press time, ETH trades at $3,417, up 3% in the past 24 hours.

Featured image from Unsplash, charts from Tradingview.com