Staring at #RIVER for a while, I saw today that #RIVER raised 12 million, and the market's public sentiment has been ignited. Watching #RIVER soar from a few dollars to 70 dollars, only to be knocked back down to 40, many people are probably feeling anxious: is this really a bubble for cutting leeks, or is it a good opportunity to make money as it falls?
Let me be clear: #RIVER is definitely not the kind of rural dog project that only shouts slogans; it has already made it to the mainstream market's table. It is currently tackling the hardest bone in the blockchain world, the pain point of liquidity fragmentation.
Let me give you a very straightforward 🌰 example: The current cryptocurrency market is like having 100 small countries globally (Ethereum, Solana, TRON, Base...), each issuing its own 'dollar', but they do not connect with each other at all. If we want to make money on Ethereum, we have to exchange for Ethereum's currency; if we want to rush to Sui to trade with local tokens, we also have to exchange for Sui's currency. The pain comes when the toll fees are high, the speed is slow, and sometimes money gets stuck halfway. This is the biggest pain point in the current cryptocurrency market; each chain has its own money and people, but they just cannot flow, like a stagnant pond.
What #RIVER aims to do is to build a 'globally universal cross-sea bridge', called satUSD. In simple terms, it is a universal cross-chain 'smart dollar' that is already operational on 9 major chains like Ethereum, BNB, Base, TRON, and Sui. We can store ETH on Chain A and immediately borrow satUSD on Chain B, seamlessly. Moreover, the most impressive part is that it comes with a 'money-making buff'. It integrates top protocols like Pendle and Morpho behind the scenes, and when we put our money here, it automatically helps us work in the highest yield places. This is not just a stablecoin; it is a 'super wallet' that can cross chains and generate income on its own.
#RIVER has recently surged significantly, and I believe the core driving force lies in its fundamentals. Many people think it is manipulated by big players, but that is not the case. This wave is a threefold resonance of capital + ecology + implementation.
1️⃣'Old money' stands up: Completed the latest strategic round of financing with a total amount of 12 million USD, led by TRON DAO, Justin Sun, Maelstrom Fund (founded by Arthur Hayes), Spartan Group, and other NASDAQ-listed companies and institutional investors from Europe and the United States. These people are not retail investors; they are betting not on the price fluctuations of cryptocurrencies but on the future dominance of satUSD as the leading cross-chain stablecoin.
2️⃣The ecological run has started: Sui officially announced that it is a strategic partner at the 'son' level; the South Korean Coinone exchange has also joined (Koreans are quite aggressive in trading cryptocurrencies).
3️⃣There are indeed users: The 24-hour trading volume on Binance, OKX, and Bybit exceeds 6 billion USD; it ranks right after BTC and ETH, having dominated the top 5 for several weeks.
Imagining the future, the ultimate goal of #RIVER is not just to create an on-chain stablecoin. Its ambition is to turn RWA assets like stocks, bonds, and even real estate into assets that can flow globally in seconds, just like satUSD. As Larry Fink, CEO of BlackRock, mentioned at this year's Davos Forum, the next 5-10 years will witness an explosive year for asset tokenization. RIVER is actually building the foundational 'highway' for this wave of RWA.
