Gold is projected to surpass $3,000 per ounce in 2025, driven by strong macroeconomic and geopolitical factors.

At the heart of gold's potential surge is the current macroeconomic landscape that’s characterized by persistent inflation and anticipated monetary policy shifts. Inflation rates in the U.S. are expected to remain above the Federal Reserve's target of 2%, creating an environment in which gold is expected to serve as a crucial hedge against currency devaluation. When inflation erodes purchasing power, investors often turn to gold to preserve their wealth.

Moreover, the Federal Reserve has signaled a shift toward monetary easing, with market expectations indicating potential interest rate cuts in the coming months. Lower interest rates decrease the opportunity cost of holding gold, making it a more attractive investment as compared to interest-bearing assets, such as bonds and savings accounts. With real interest rates projected to remain low or even go negative, gold could experience renewed demand as a safe store of value.

Geopolitical tensions further bolster gold’s appeal. Ongoing conflicts, particularly the strained U.S.-China relationship and the Russia-Ukraine war, create an atmosphere of uncertainty that drives investors toward safe-haven assets. During times of geopolitical instability, gold has historically seen increased demand as investors seek to mitigate risks associated with market volatility.

As global tensions escalate, the demand for gold is likely to rise, reinforcing its status as a reliable hedge against financial instability. Investors tend to flock to gold during crises, viewing it as a secure asset that retains its intrinsic value, especially when other markets are under pressure.

Another significant factor contributing to the bullish outlook for gold is the unprecedented demand from central banks around the world. In 2024, central banks collectively purchased over 1,000 metric tons of gold, marking one of the highest levels of accumulation in recent history. This trend is expected to continue into 2025, particularly among countries like China and Russia that are actively reducing their reliance on U.S. dollar reserves as part of a broader de-dollarization strategy.

This central bank buying provides a strong structural support for gold prices, minimizing downside risks. As these institutions accumulate more gold, the resulting scarcity in the market could lead to higher prices. The growing demand from central banks underscores the renewed confidence in gold as a strategic reserve asset, especially amidst economic volatility and geopolitical tensions.

From a technical perspective, gold is currently in a robust uptrend, trading above key moving averages and nearing critical resistance levels. If gold successfully breaks through the psychological barrier of $3,000 per ounce, momentum could carry it toward higher price targets, potentially reaching $3,200 or even $3,500. 

, such as relative strength index (RSI) and moving average convergence divergence (MACD), suggest that gold remains in a bullish phase, indicating further upside potential.

As gold approaches these key resistance points, technical traders will closely monitor its price movements. A successful breach of the $3,000 level could trigger momentum buying, propelling prices higher as investor confidence grows.

Finally, rising investor sentiment plays a crucial role in gold’s potential price surge. Increased inflows into gold-backed 

 (ETFs), in addition to speculative positioning in futures markets, reflect strong confidence among both retail and institutional investors. As ETF holdings rise, it signals renewed interest in gold as a safe-haven investment.

This optimism is bolstered by a general shift in market sentiment as investors are increasingly turning to gold amid concerns over economic stability and inflation. The combination of robust technical indicators, macroeconomic pressures and favorable investor sentiment positions gold favorably for a significant price increase in 2025.

In summary, gold is well-positioned to reach $3,000 per ounce in 2025, driven by a combination of persistent inflation, geopolitical uncertainty, strong central bank demand and positive technical indicators. As investors seek refuge in safe-haven assets, gold’s intrinsic value and historical performance during times of crisis will make it an attractive option for preserving wealth. The confluence of these factors suggests that gold's upward trajectory could continue, making 2025 a pivotal year for this precious metal.

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Bybit Commodity Insight Report: Why Gold Is Poised to Reach $3,000 in 2025

Our weekly crypto derivatives analytics report delves into macro events, the current state of crypto and trading signals from spot trading volume, as well as futures, options and perpetual contracts.

Macro headwinds are impacting the crypto market, with a sell-off that began over the weekend deepening this week. BTC, ETH and most altcoins are declining alongside equities, gold and treasury yields, though derivatives markets are showing little bearish sentiment or increased volatility expectations. Among perpetuals, there are record consistent positive rates across most markets, indicating a reset in positioning. Meanwhile, ETH retains a volatility premium over BTC, but its term structure hasn’t inverted as sharply as in earlier sell-offs this month.

Please check out the report’s highlights.

Funding Rates Largely Positive Amid Sell-Off

Despite risk-off sentiment across asset classes this weekend and early this past week, USDT-denominated perpetual contracts have shown their most consistently positive funding rates within the past month. While these rates haven't reached the bullish levels of early December 2024, most have returned to a neutral level of 0.01%, signaling a reset in positioning due to recent market movements.

Tuesday's intensified risk-off sell-off led to a significant spike in BTC put trade volume as traders hedged against further declines. Unlike ETH, which leans bullish on calls, BTC's open interest is balanced between upside and downside protection. The volatility term structure is flat again, typical during sharp market moves, but this reflects a decline in longer-dated options, rather than a rise in short-term expectations.

As the sell-off in risk-on assets deepened this past week, ETH outperformed BTC. ETH derivatives markets are showing stronger sentiment, with higher call trade volumes indicating greater demand for upside positioning as compared to puts. However, ETH's volatility term structure has inverted more sharply than BTC's, as seen in previous significant market moves since last November (2024), with front-end volatility levels 15 points above those of BTC options with a similar tenor.

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Bybit X Block Scholes Crypto Derivatives Analytics Report (Feb 26, 2025): Reset in Sentiment Brewing as Fund Rates Turn Positive

Explore four essential tips to help you accumulate more points, optimize your strategy and claim the best rewards in EcoGalaxy: Mantle Surge.

With the rise of gamified crypto events, EcoGalaxy: Mantle Surge stands out as one of the most exciting opportunities for users to earn rewards while engaging with both Bybit and Mantle Network. This limited-time event offers participants a shot at a 1,000,000 MNT prize pool when they complete on-chain and trading-related tasks. 

To help you maximize your rewards and ensure you get the most out of this event, in this guide we’ll break down four essential tips to help you accumulate more points, optimize your strategy and claim the best rewards in EcoGalaxy: Mantle Surge.

EcoGalaxy: Mantle Surge is a limited-time campaign that rewards participants with a share of a 1,000,000 MNT prize pool when they complete both Bybit and on-chain tasks. Players earn "wishes" that can be used to enter Lucky Draws or climb the leaderboard for greater rewards.

This campaign, hosted by Bybit in collaboration with Mantle, blends gamification with 

 engagement, offering users multiple ways to win. Participants can choose to rely on chance via the Lucky Draw or strategically allocate their wishes to compete on the leaderboard. The event runs from Mar 6, 2025 to Mar 27, 2025, making it a limited-time opportunity to accumulate rewards while exploring the Mantle ecosystem.

4 Tips to Maximize Your Wishes and Rewards in EcoGalaxy: Mantle Surge

To make the most out of EcoGalaxy: Mantle Surge, you need to strategize your wish allocation, complete as many tasks as possible and take advantage of all available earning mechanisms. Here are four essential tips to maximize your rewards:

One of the best ways to earn high-value rewards in EcoGalaxy: Mantle Surge is by competing on the leaderboard. There are a total of five rounds, and the rewards are higher with each passing round. 

The more wishes you allocate toward leaderboard rankings, the higher your position and the larger your rewards. However, since the leaderboard is dynamic, your rank can change based on the activity of other participants.

Since leaderboard positions fluctuate, it’s recommended that you monitor your ranking regularly and adjust your strategy accordingly. Players who accumulate the most wishes by the end of each leaderboard round will receive the greatest rewards.

 that each round’s rewards and wishes are calculated independently, and any wishes spent in a round won’t carry over to the next round.

If you prefer an element of surprise, the Lucky Draw is your best bet. By spending wishes on Lucky Draw attempts, you earn the chance to win instant prizes. The Lucky Draw operates on a first-come, first-served basis, so the earlier you participate, the better your chances of securing top-tier rewards.

Since rewards are limited, it's advisable to use your wishes early before the top prizes run out.

An easy way to earn free points in this campaign is by holding Mantle (MNT) and/or Mantle Restaked ETH (cmETH) in your Bybit account. By simply keeping these assets in your wallet, you’ll receive additional wishes, increasing your chances of winning more rewards.

This passive method of earning wishes ensures that you accumulate extra points without actively completing tasks, making it one of the simplest ways to boost your rewards.

Another hidden gem for doubling your rewards in EcoGalaxy: Mantle Surge is through Layer 3. Participants who complete specific Layer 3 quests will receive extra bonuses, including double rewards on certain tasks.

By leveraging Layer 3 bonuses, you can significantly boost your total wish count, increasing your chances of securing leaderboard positions or hitting big wins in the Lucky Draw.

If you’re looking for a fun and rewarding way to engage with the Mantle ecosystem, EcoGalaxy: Mantle Surge is definitely an event worth joining. With 1,000,000 MNT up for grabs, both casual users and seasoned traders can benefit from this campaign.

The event's dual-reward system allows participants to tailor their strategy based on their preferences. Whether you enjoy the thrill of luck-based rewards or prefer the competitive edge of leaderboard climbing, this campaign offers something for everyone.

Additionally, holding MNT and cmETH provides passive earnings, while Layer 3 integration presents an opportunity for double rewards — making the experience even more lucrative for active participants.

EcoGalaxy: Mantle Surge is a limited-time, gamified rewards campaign that blends trading, staking and on-chain interactions. By completing tasks, holding Mantle assets and strategically using your wishes, you can maximize your rewards and secure your share of the 1,000,000 MNT prize pool.

This event runs from Mar 6, 2025 to 27, 2025, so now is the best time to get started. Are you ready to explore the Mantle ecosystem and claim your rewards? Join EcoGalaxy: Mantle Surge today!

Beginner

how to participate in ecogalaxy mantle surge

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Join Bybit’s AI-DOL SUPERSTAR Trading Battle, vote for top AI projects and compete for a share of a $1M prize pool. Earn rewards while shaping the future of AI in crypto.

The Bybit AI-DOL SUPERSTAR Trading Battle is an exciting and innovative trading and voting event that aims to identify and support high-potential AI projects within the cryptocurrency space.

As artificial intelligence (AI) continues to revolutionize blockchain technology, this competition offers users a unique opportunity to engage with emerging AI-driven crypto projects while earning substantial rewards of up to $1 million.

 (AI) and cryptocurrency is reshaping blockchain and 

 — autonomous programs powered by machine learning — are revolutionizing the sector by automating trading strategies, optimizing portfolio management and executing on-chain decisions with minimal human input.

These intelligent agents analyze vast datasets, identify market trends and execute trades in real time, significantly enhancing efficiency and reducing risks in the volatile crypto market. Their role extends beyond trading, influencing DeFi protocols, NFT markets and blockchain governance.

Bybit is at the forefront of this AI-driven transformation, launching the 

 to spotlight high-potential AI projects. This event provides a launchpad for groundbreaking AI applications, connecting innovators with a global crypto audience.

What Is the Bybit AI-DOL SUPERSTAR Trading Battle?

Bybit is launching a unique AI trading event designed to highlight the most promising AI-driven crypto projects.

AI is revolutionizing crypto markets, with automated trading bots now executing over 60% of all crypto transactions. The integration of AI and blockchain is unlocking new trading strategies, DeFi innovations and web3 applications, making the AI sector one of the most promising in crypto.

Bybit’s AI-DOL SUPERSTAR Trading Battle bridges AI and blockchain, providing a global stage for emerging projects to gain exposure to a global audience. Participants play an active role in shaping the future of AI in crypto while earning rewards.

How to Participate in the AI-DOL SUPERSTAR Trading Battle

Campaign Period: Feb 28, 2025, 10AM UTC – Mar 27, 2025, 10AM UTC

Bybit users can support AI projects and earn rewards by participating in this AI-powered trading competition. Here's a step-by-step guide to joining:

Projects earn voting points from the following ways:

By actively trading and voting, participants not only have a chance to earn from the $1 million prize pool, but will also play a crucial role in shaping the future of AI in the crypto industry.

Bybit's AI-DOL SUPERSTAR Trading Battle offers an exciting $1 million prize pool, with multiple ways for participants to win rewards.

The breakdown of how votes are allocated for Bybit Spot is as follows:

The breakdown of how votes are allocated for Bybit Web3 is as follows:

The maximum number of daily votes that a user can receive is 100,400 (50,200 for Bybit Spot and Web3 respectively).

By trading, voting and engaging in the competition, participants not only support innovative AI projects but also receive a chance to maximize their earnings in this high-stakes trading battle.

Bybit's AI-DOL SUPERSTAR Trading Battle offers a distinctive platform that connects cryptocurrency traders with AI innovators. Participants are invited to support leading AI projects, earn attractive rewards and contribute to shaping the future of AI within the crypto ecosystem. 

 and be part of the AI-driven revolution on Bybit!

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How to Participate in Bybit’s AI-DOL SUPERSTAR Trading Battle

Explainers

Blockchain

Altcoins

Polymesh (POLYX) is a public permissioned blockchain focused on the complete lifecycle of security token management and trade.

Security tokens — cryptocurrencies that entitle their holders to part-ownership of a crypto platform – have been designed specifically for the purpose of mirroring the function of ownership shares and certificates used in traditional financial instruments. However, despite the seemingly straightforward nature of the concept, the actual implementation and effective ongoing management of security tokens on a typical blockchain is challenging.

Polymesh has emerged as a major blockchain platform that focuses directly on comprehensive security token issuance and management. The platform has opened up new and previously unavailable opportunities for crypto operators, startups and investors in areas such as 

 (RWA) tokenization and new financial instruments that reside exclusively on a blockchain.

From meeting regulatory requirements for security assets to providing robust identity and privacy management solutions, Polymesh has it all if your goal is to issue, sell or buy security tokens.

 (POLYX) is a blockchain network designed for security tokens and the comprehensive management of all aspects related to these assets, such as issuance, trading, compliance, financial confidentiality, contractual settlement and more. 

 (ETH), Polymesh later launched its own public permissioned chain, built using Substrate, a blockchain development framework within the 

Public permissioned chains combine the elements of open access, typical of public platforms like Ethereum or 

 (BTC), with custom rules that require authentication or qualification to perform certain operations. On Polymesh, any user is free to access and view network activity. However, actual participation on the platform, e.g., issuing or buying security tokens, requires identity verification.

Despite its semi-public nature and identity verification requirements, Polymesh protects user privacy. Thanks to its confidentiality-focused protocol, you can use the platform without having your identity publicly revealed, an essential issue for many parties in financial transactions.

Security tokens first rose to prominence during the wave of 

 (ICOs) in 2017–2018. They were envisioned to easily and flexibly replicate the role of traditional financial securities like stocks and bonds, or even alternative assets on blockchain platforms. However, a multitude of considerations from regulation and safety to privacy and transaction settlement have emerged. These issues highlight the inadequacies of typical blockchains in managing security assets, whether digital or from traditional markets.

, a company founded by blockchain technologists Trevor Koverko and Chris Housser, decided to launch a dedicated platform for security tokens. The platform, Polymath (POLY), first operated as a 

 (DApp) on Ethereum. However, Ethereum, just as any other major general-purpose chain, was never designed to address the complex intricacies of security token management. Realizing this, in late 2019, Polymath launched its own blockchain, Polymesh, dedicated to enabling and streamlining security token operations.

By 2022, Polymath’s gradual shift from Ethereum to its own platform had been finalized. By now, Polymesh has grown to be a leading platform that aims to enable real-world asset (RWA) tokenization as well as facilitate the launch and management of purely digital securities. As of mid-November, Polymesh is the second-largest crypto by market cap in the RWA niche.

 (NPoS) block validation model, with a number of validator 

 powering its functionality. All validators on the platform need to be licensed financial entities. Verified nominators choose validators by staking their preferred amount of POLYX on them, and earn a share of the rewards from the block validation activity. Currently, there are 46 active validator nodes on the network. Validators collate transactions into blocks and propose the blocks to the entire validator set on the platform.

The proposed block must be approved by at least two-thirds of validator nodes. If the required approval count is reached, the block is permanently written to the ledger of records. This system allows Polymesh to maintain highly efficient transaction finality times.

Polymesh’s ability to provide flexible and effective security token management services is based on five pillars — governance, identity, compliance, confidentiality and settlement. Let’s review each of these individually.

The platform’s governance model is designed to neutralize the risk of network 

. Public blockchains open to all may tolerate forks, but for Polymesh — whose focus is on serving security issuers and investors — forks of the main platform could cause difficulties in determining the rightful ownership of security tokens, potentially leading to legal and tax challenges within its ecosystem.

That’s why in addition to giving ordinary POLYX holders a way to participate in on-platform decision-making, Polymesh’s governance setup also includes the critical Governance Council, which is made up of key stakeholders on the platform and carefully reviews system improvement proposals submitted by user groups and communities.

One of the key roles of the Governance Council is to block “fork-friendly” initiatives. Besides this important measure, Polymesh also minimizes the possibility of forks thanks to its forkless update feature. Built with Polkadot’s Substrate framework, Polymesh is capable of rolling out major system upgrades without requiring a fork.

Any user of Polymesh’s services, be it a security token issuer or investor, must go through a two-step identity verification process on the platform. While blockchain purists might find this requirement preposterous, in the world of regulated securities, the verified identity of a market participant is a critical requirement.

This is another reason why public blockchains like Ethereum are poorly suited to the security token management process, and why Polymesh is the ideal environment for tokenized securities. Securities laws and regulations in just about any jurisdiction require robust identity verification procedures. So — no network node names or Reddit nicknames. You have to use your real identity documents to take advantage of Polymesh’s services.

The management of securities’ lifecycles, including issuance, sales and transfers, is complicated due to a myriad of laws and regulations. In traditional financial markets, following these regulations requires laborious manual procedures and checks. Polymesh streamlines antiquated processes involved in securities compliance via 

. Users also have the ability to pre-design custom compliance rules per the required regulations, further improving the automation and efficiency of compliance management.

Confidentiality of transactions, asset holdings and trade positions is paramount in many financial markets. Polymesh has implemented a privacy-focused protocol based on 

 (ZK) proofs that protects the identity of platform users. Although users have to go through the identity verification process to join Polymesh, their identities on its network are securely protected via this protocol. Hence, while compliance and confidentiality may seem like contrasting ideologies at first glance, Polymesh has seamlessly merged these two elements to create a platform that addresses the unique needs of security issuers and investors.

Parties to any financial transaction desire certainty of terms and a quick settlement. However, on a typical blockchain, transaction settlement might be far from instant or quick. On many platforms, transactions remain in a non-finalized state for hours (or even days), depending upon the particular blockchain. In contrast, Polymesh uses a block validation process that offers deterministic finality, which results in nearly instant transaction finality/settlement.

When at least two-thirds of validators approve a proposed block, it’s then immediately written to the ledger of records (i.e., becomes finalized). On average, a transaction block on Polymesh is finalized within six seconds. This is roughly the time it takes for a financial transaction to be settled on the platform.

POLYX is Polymesh’s native protocol token, and is used to pay transaction fees on the network and issue new security tokens. All the operations related to security tokens involve the use of POLYX tokens.

POLYX is also used for staking. Token holders can back their preferred validator on the Polymesh network with their POLYX funds and earn a share of the staking rewards generated by the validator.

Another key functionality of the token is governance. POLYX holders can vote on proposals related to future developments and changes on the platform. Proposals that get enough votes are then considered by the Polymesh Governance Council.

POLYX has a current total supply of 881.16 million tokens (as of Nov 20, 2023), all in circulation. The token doesn’t have a maximum supply limitation.

As of Nov 24, 2023, POLYX trades at $0.201, which is 59.3% lower than its all-time high of $0.4942, attained on Oct 17, 2022, and approximately 100% higher than its all-time low of $0.09985, registered on Sep 11, 2023.

Major price prediction portals expect POLYX to grow solidly over the long term.DigitalCoinPrice

 that the token will reach $0.73 in 2025 and $2.11 in 2030, whilePricePrediction

 that POLYX will trade at $0.4997 in 2025 and $4.99 in 2030.

POLYX is an asset with a promising outlook. The following factors point to solid potential returns for the token:

 (DeFi) find greater synergies, the demand for the Polymesh platform is expected to grow. The burgeoning field of RWAs — regulated assets from traditional markets tokenized on a blockchain — is one clear indicator of this growing synergy.

2. For digital securities management, Polymesh offers critical features virtually unmatched in the industry, including near instant settlement finality, transaction confidentiality and highly flexible compliance customization rules. If you need to issue and manage security tokens, it’s hard to exclude Polymesh from your consideration set.

3. The Polymesh platform has achieved a number of important milestones that signal its robust growth and potential. Among these is its perfect record of security and network stability. Polymesh hasn’t suffered a single security breach or network downtime event in all its years of operation. The platform also keeps confidently expanding its validator network, with nearly 50 institutional providers having joined in. Moreover, Polymesh’s validators aren’t just ordinary users with the equipment to run a blockchain node; all of them are regulated financial organizations whose partnership with Polymesh signals the platform’s expanding industry footprint.

You can buy Polymesh POLYX on Bybit via the 

 Perpetual contract. If you don’t yet have a Bybit account, you can easily 

 for one. A Bybit account allows you to access hundreds of crypto assets and products, both in the Spot and Derivatives markets.

After the 2017–2018 ICO boom, security tokens experienced a certain decline in popularity for several years. Their profile is now rising again with the arrival of the RWA concept. As one of the leading securities-focused crypto platforms, Polymesh is at the forefront of the TradFi and DeFi convergence powered by RWA growth.

The platform already boasts close to 4,000 users, a significant number for a network used for security asset management and trade. As traditional securities from regulated markets are increasingly tokenized, expect further growth for Polymesh. Its platform is now shaping up as the primary bridge connecting traditional securities and their blockchain-based tokenized versions.

Polymesh (POLYX): A Security Token Blockchain for Regulated Markets

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards