The project that logged in to Alpha on June 16 recently also took a look at it when I was looking for a single bid, $VELO is a project running on #Solana that integrates PayFi and RWA, and grasps the pain point of capital turnover of overseas workers in Southeast Asia in the field of PayFi, and realizes cross-border settlement in the form of USDT, which can save nearly 90% of the cost of traditional channels.
At the same time, it is also working with Paxos and BlackRock's BUIDL to establish an RWA liquidity portal with high-quality targets such as gold and bonds.
In addition, VELO's trading competition is about to start in Alpha.
🚀 The State of Velo Q1 2025 Report by @MessariCrypto is now live!
Q1 marked a key turning point for Velo Protocol, strong network growth, new partnerships, and the launch of PayFi reinforced its focus on decentralized Web3 payments.
Key Highlights (Q1 2025):
♦️ Transactions Soared: Average daily transactions jumped +255.5% — from 445 to 1,581, driven by Nova network activity.
♦️ Active Users Increased: Daily active addresses climbed +84.7% — from 2,363 to 4,364.
♦️ On-Chain Strength: VELO-denominated TVL rose +10.1%, while trustlines also grew: +15.1% total and +12.6% funded.
The report maps Velo’s strategic pivot to PayFi, growing DeFi activity, and deeper token engagement, signaling where the next wave of opportunity is heading.
🔗 Read the full report:
#Velo #Messari
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