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Cryptocurrency News Articles

In a Market Often Driven by Hype, Some Crypto Projects Are Turning to Practical Use Cases to Stand Out

May 10, 2025 at 03:00 am

In a market often driven by hype over value, some crypto projects are turning to practical use cases to stand out. Avalanche is pushing ahead

In a Market Often Driven by Hype, Some Crypto Projects Are Turning to Practical Use Cases to Stand Out

In a cryptocurrency market often characterized by hype and short-term price movements, some projects are quietly making waves with their practical use cases and long-term vision. As Avalanche continues to develop its scalable subnet model and Optimism pivots to funding public goods amid a recent price decline, another project is steadily gaining momentum with its unique approach to blockchain commerce.

Enter Web3Bay, a project that has already raised nearly $2 million in its presale and is now merchant-ready with various tools in development. Unlike many projects focused on the speculative side of crypto, Web3Bay is tying its 3BAY token to core functions within its ecosystem, aiming for sustained engagement rather than quick price flips.

For investors interested in projects offering something more than chart analysis, Web3Bay's presale could be worth keeping an eye on. The project is integrating e-commerce service delivery with its own token, a strategy that might appeal to those seeking projects with a tangible goal.

Web3Bay Presale Reaches New Milestone with 450 Million Tokens Sold and $2 Million in Funding

Web3Bay's presale has reached Stage 5 of 28, a milestone reached as the project highlights its focus on real-world use cases for its token. The 3BAY token is already tied to several functions within the Web3Bay ecosystem, including transaction discounts, staking, and governance.

This contrasts with some projects that promise to integrate tokens with various functions in the future, while Web3Bay is already offering these utilities to presale participants. The project also has a large portion of its token supply allocated to platform activity, such as onboarding sellers, providing user incentives, and facilitating staking rewards.

These efforts are designed to drive engagement and build a community around the Web3Bay platform. Moreover, the project's decentralized autonomous organization (DAO) grants token holders a voice in the platform's evolution, putting input in the hands of users.

This approach to presale activity and token utility stands in stark contrast to the meme-driven or hype-focused projects that often grab headlines in the crypto space. Web3Bay appears to be constructing a user-powered model for decentralized shopping and service delivery, a goal that might resonate more deeply with those interested in the long-term potential of blockchain technology.

As the project progresses through its presale, it's also highlighting the technical development and market presence of other crypto projects.

Avalanche (AVAX) Continues Subnet Expansion Amid Stable Q1

Avalanche has taken a consistent approach, keeping the focus on development and infrastructure. Its subnet technology allows developers to create customizable networks tailored to specific applications, making it an attractive chain for decentralized finance (DeFi), gaming, and enterprise tools.

With high-speed performance and low transaction fees, Avalanche has also positioned itself as a practical Layer-1 solution in an industry often plagued by technical limitations.

In terms of price, AVAX had a mixed but stable Q1. Starting the year at $18.50, the token briefly touched $20.17 in March before settling around $19.44 as Q2 began. While there was no massive breakout, the price held firm throughout the quarter, especially compared to other projects that experienced steeper declines.

According to recent analysis, the token is expected to average $23.45 by the end of the year, potentially reaching a peak of $43 if market momentum increases.

Overall, Avalanche continues to deliver on its promises of technical capability and a growing subnet ecosystem. However, in a market characterized by caution, the project's persistent efforts have yet to translate into significant price movements. Still, its stability makes it one of the more reliably performing projects in 2025.

Optimism (OP) Pivots To Developer Funding As Token Price Drops

Optimism is presenting itself as a public chain on Ethereum focused on building infrastructure that can be used by many. Through the Optimism Collective, the network is channeling funds to common good projects, developer tooling, and ecosystem grants.

This long-term approach has attracted a steady wave of decentralized applications (dApps) to Optimism, positioning it as a mission-driven platform.

However, the project's token has taken a hit recently. After starting 2025 at $2.16, OP dropped to about $0.61 by early May. The correction follows a broader slowdown across Layer-2 networks, especially after the late-2024 bullish run.

Despite the recent price action, some analysts are still optimistic about the project's fundamentals. One prediction suggests that OP could rebound to an average price of $0.93, potentially peaking at $1.12 later this year.

Optimism's strategy of backing builders and funding public goods might pay off over time, even as the token's performance has raised concerns among investors.

Why Web3Bay's

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