Web3🌑Friday Roundup: ZORA Launches, Fed Eases Crypto Rules, OpenSea Surges, INIT Soars
1️⃣ $ZORA debuts on Coinbase, riding the content coin wave
2️⃣ Fed scraps bank crypto rules—'Choke Point' no more 🏛️
3️⃣ OpenSea reclaims NFT crown as rivals lag 🎨
4️⃣ $INIT soars 36%, closing in on $1 with 45,000% volume spike 🚀
Stay tuned for more sharp insights! 🧡
Happy Friday! In today’s Web3 roundup, we spotlight the biggest stories shaping the crypto world. ZORA debuts on Coinbase, marking a win for content-driven tokens. The Federal Reserve eases banking rules on crypto, signaling a shift in regulation. OpenSea bounces back to the top of the NFT game, while INIT grabs attention with a 36% post-launch surge and explosive trading volume. These updates reflect growing momentum across Web3, from DeFi and NFTs to token launches and market trends. Let’s dive into what’s making waves today.
1. $ZORA debuts on Coinbase, riding the content coin wave
Coinbase has officially listed the ZORA token, signaling growing interest in content-focused crypto projects. Launched on the Base blockchain, ZORA comes with a 10% community airdrop but no governance rights, emphasizing its cultural and creative role rather than utility or control. The move aligns with the rising trend of “content coins,” which reward creativity and user engagement on Web3 platforms. While the token is not designed for active trading or decision-making, its presence on a major exchange like Coinbase is expected to boost visibility and adoption. Investors are watching closely as ZORA carves out its niche in the NFT and creator economy.
Kamina Bashir
2. Fed scraps bank crypto rules—'Choke Point' no more
The Federal Reserve has officially withdrawn key restrictions that previously limited banks from engaging in cryptocurrency activities without prior approval. This move effectively ends the so-called “Choke Point” era, which critics argued unfairly targeted crypto-related businesses. By lifting these rules, the Fed is signaling a more open stance towards digital assets and financial innovation, potentially paving the way for more mainstream adoption and institutional involvement. However, banks must still adhere to standard risk management protocols. This policy shift could reshape how traditional financial institutions interact with the crypto space, offering new opportunities while still requiring responsible oversight.
Sander Lutz
3. OpenSea reclaims NFT crown as rivals lag
OpenSea has reclaimed the top spot in NFT trading, securing over 40% market share, as rivals like Blur and Magic Eden trail behind. Despite a 61% drop in overall NFT sales in Q1 2025, OpenSea's user engagement surged, with 70% of NFT wallets active on its platform. Key factors include the launch of OpenSea 2.0, expanded Solana token trading, and the closure of an SEC investigation. Notably, collections like CryptoPunks saw an 82% sales increase, signaling renewed interest in the NFT space.
Ezra Reguerra
4. $INIT soars 36%, closing in on $1 with 45,000% volume spike
INIT crypto has seen an impressive 36% surge post-launch, nearing $1, with trading volume exploding by over 45,000%. This surge follows its listing on Gate.io and its launch via Binance Launchpool after a successful 6-day farming period. The momentum is being fueled by airdrops, staking rewards, and strong community interest. As the crypto continues to gain attention, investors and traders are keeping a close eye on its progress, with many expecting further growth. The combination of its innovative launch and rapid growth has made INIT a crypto to watch in the coming weeks.
Darya Nassedkina
As the Web3 space continues to evolve, today’s highlights show a clear trend: innovation, adoption, and a growing interest from both users and institutions. From ZORA’s token launch to INIT’s explosive debut and OpenSea’s strong comeback, the ecosystem is buzzing with energy. The Fed’s softened stance also opens new doors for crypto and banking collaboration. Stay tuned, stay informed, and keep exploring — because in Web3, every day brings a new opportunity.
