TLDR Presearch rides decentralized search momentum while navigating exchange challenges. Here are the latest updates:
- Decentralized Search API Launch (25 June 2025) – World’s first non-profiling API targets Google’s dominance with crypto payments.
- KuCoin Delisting (16 April 2025) – PRE removed from exchange amid broader token cleanup.
Deep Dive
1. Decentralized Search API Launch (25 June 2025)
Overview:
Presearch launched a decentralized search API leveraging its 40,000-node DePIN network, encrypting searches and stripping user metadata to prevent profiling. The API accepts PRE, BTC, USDC, and fiat, positioning it as a privacy-focused alternative as Microsoft and others restrict API access for AI projects. The network handles 400,000+ daily searches and remained operational during 2023’s Big Tech outages.
What this means:
This is bullish for PRE as it expands real-world utility beyond its browser rewards ecosystem, directly challenging centralized incumbents. Crypto payment integration could drive new demand for PRE tokens from developers and enterprises prioritizing privacy.
(CoinMarketCap)
2. KuCoin Delisting (16 April 2025)
Overview:
KuCoin delisted PRE/USDT alongside 14 other tokens, citing compliance with its “Special Treatment Rules.” Trading halted on 18 April, with withdrawals available until 18 May. The exchange warned it wouldn’t support withdrawals if projects halted on-chain activity.
What this means:
This is bearish for PRE as it reduces liquidity access on a top-10 exchange by volume. However, the 35% price rally since April suggests the market has absorbed this impact, possibly due to offsetting developments like the June API launch.
(KuCoin)
Conclusion
Presearch’s API launch demonstrates tangible progress in decentralizing web infrastructure, though exchange delistings remind investors of altcoins’ liquidity risks. Can PRE’s growing 390,000-user base and enterprise adoption counterbalance reliance on remaining trading venues?