Latest Blockasset (BLOCK) News Update

By CMC AI
05 August 2025 03:00PM (UTC+0)

What is the latest news on BLOCK?

TLDR

Blockasset (BLOCK) navigates DeFi integration and staking transitions amid lingering skepticism. Here’s the latest:

  1. DeFi Lending Pool Launch (23 July 2025) – BLOCK/USDC pool offers up to 37% APY to boost liquidity.

  2. Staking V1 Deadline (28 July 2025) – Final window to join fixed-yield staking before v2 overhaul.

Deep Dive

1. DeFi Lending Pool Launch (23 July 2025)

Overview:
Blockasset partnered with Save Finance to launch a BLOCK/USDC lending pool, enabling stablecoin holders to earn variable yields (28.15% APY at launch, peaking at 37%). This integration aims to deepen on-chain liquidity without diluting token supply, aligning incentives between BLOCK holders and DeFi participants.

What this means:
This is cautiously bullish for BLOCK because it introduces non-dilutive utility and could improve price discovery by increasing borrowing demand. However, the current APY relies heavily on utilization rates, which remain untested. (Blockasset)

2. Staking V1 Deadline (28 July 2025)

Overview:
Blockasset announced the closure of its v1 staking program on 31 July 2025, transitioning to a variable-yield v2 model. Existing stakers retain access, but new entrants must lock tokens before the cutoff.

What this means:
The deadline creates short-term urgency for yield seekers, potentially tightening circulating supply. However, the shift to variable yields introduces uncertainty, as v2’s mechanics (e.g., reward adjustments) are yet to be detailed. (Blockasset)

Conclusion

Blockasset’s recent moves signal a push toward DeFi integration and sustainable tokenomics, but adoption metrics (pool utilization, staker retention) will determine if these efforts stabilize its 76% 30-day decline. Will v2 staking attract fresh capital, or deepen skepticism after its 99% drop from ATH?

What are people saying about BLOCK?

TLDR

Blockasset’s DeFi moves spark cautious optimism amid lingering skepticism. Here’s what’s trending:

  1. New BLOCK/USDC lending pool (28% APY) fuels DeFi utility hopes 🟢

  2. V1 staking deadline passes, raising questions about v2 adoption 🟡

  3. CoinEx analysis warns of 99% drop risks despite recent rebound 🔴

Deep Dive

1. @Blockassetco: BLOCK/USDC Lending Pool Goes Live (Bullish)

“Lend USDC to earn 28.15% APY while deepening BLOCK’s DeFi liquidity… all without added sell pressure.”
– @Blockassetco (12.3K followers · 48K impressions · 23 July 2025 08:46 PM UTC)
View original post
What this means: This is bullish for BLOCK because it introduces non-dilutive utility, incentivizes liquidity provision, and could reduce volatility by aligning token holders with DeFi activity.

2. @Blockassetco: V1 Staking Closure Spurs Speculation (Neutral)

“V1 staking closed to new entrants on July 31… V2 introduces variable yields.”
– @Blockassetco (12.3K followers · 32K impressions · 28 July 2025 07:23 PM UTC)
View original post
What this means: Neutral short-term impact – the transition risks alienating legacy stakers but could attract new capital if v2 offers competitive yields.

3. CoinEx: 99% Price Drop Analysis Highlights Risks (Bearish)

“BLOCK’s oversupply, low adoption, and minimal developer activity pose existential risks… support at $0.0006.”
– CoinEx (Published 7 July 2025 · 8:25 AM UTC)
View analysis
What this means: Bearish long-term outlook – the project’s survival hinges on reversing poor fundamentals, with delisting risks if adoption stagnates.

Conclusion

The consensus on BLOCK is mixed, balancing DeFi progress against structural weaknesses. While the Save Finance integration signals proactive utility-building, CoinEx’s warning about supply inflation and developer activity underscores high risk. Watch the v2 staking uptake and on-chain liquidity metrics (TVL, APY stability) to gauge whether recent moves can offset bearish fundamentals.

What is next on BLOCK’s roadmap?

TLDR

Blockasset's development continues with these milestones:

  1. V2 Staking Launch (Q3 2025) – Transition from fixed to variable yield model post-v1 closure.

  2. DeFi Liquidity Expansion (2025) – Deeper integration with platforms like Save Finance for USDC/BLOCK pools.

Deep Dive

1. V2 Staking Launch (Q3 2025)

Overview:
Blockasset will sunset its v1 staking program on 31 July 2025 (Blockasset), shifting to a variable yield model in v2. This aims to align rewards with real-time protocol demand and reduce inflationary tokenomics.

What this means:
This is neutral for BLOCK as it transitions from fixed APY incentives to market-driven yields, potentially reducing sell pressure from guaranteed rewards. However, delayed details about v2 mechanics could create short-term uncertainty.

2. DeFi Liquidity Expansion (2025)

Overview:
The recent BLOCK/USDC lending pool on Save Finance (Blockasset) offers up to 37% APY for USDC depositors, incentivizing liquidity without direct token emissions. This aligns with Blockasset’s focus on non-dilutive utility through DeFi partnerships.

What this means:
This is bullish for BLOCK as deeper liquidity reduces volatility risks and attracts yield-seeking stablecoin holders. However, reliance on third-party platforms like Save Finance introduces counterparty risk if adoption lags.

Conclusion

Blockasset is prioritizing DeFi integrations and staking upgrades to stabilize liquidity and reduce token inflation. The success of v2 staking’s variable yield model will hinge on transparent communication and sustainable demand drivers. How might broader crypto market sentiment impact BLOCK’s ability to retain liquidity during this transition?

What is the latest update in BLOCK’s codebase?

TLDR

No verifiable technical updates to Blockasset's codebase are documented in available sources as of August 2025.

  1. Last public update referenced a UFC-themed picks game integration (December 2023).

  2. Partnership-driven development with Chiliz (March 2023) enabled cross-chain functionality.

  3. Core focus remains on NFT marketplace features and athlete collectibles since 2023.

Deep Dive

1. Development focus

Available data shows Blockasset prioritized partnerships (e.g., Chiliz cross-chain integration in March 2023) and NFT marketplace enhancements over visible codebase changes. The May 2023 marketplace launch marked their last major product milestone, with subsequent updates focusing on sports integrations like UFC prediction games rather than protocol-level modifications.

2. Ecosystem activity

On-chain metrics suggest stagnant developer momentum:
- Holder count flatlined at 2,407 addresses since 2023 (Blockasset)
- Price action shows -63% YTD decline, correlating with reduced technical updates and market attention shift toward AI/DePIN narratives.

Conclusion

Blockasset’s recent trajectory emphasizes sports partnerships over protocol innovation, with no codebase changes disclosed since 2023. How might Solana’s ongoing ecosystem shifts influence their technical roadmap in 2025?

CMC AI can make mistakes. Not financial advice.