Latest Reef (REEF) News Update

By CMC AI
08 October 2025 07:01AM (UTC+0)

What are people saying about REEF?

TLDR

Reef's community rides a wave of exchange integrations and token burns, while diving into football sponsorships. Here’s what’s trending:

  1. Minting meets burning – 1.5B $REEF minted then burned, sparking supply debates

  2. CEX momentum – KuCoin, Poloniex, Bitrue adopt native Reef Chain integration

  3. Sports marketing play – 3-year Crawley Town FC partnership fuels adoption hopes

Deep Dive

1. @Reef_Chain: Token Mint/Burn Ballet mixed

"🔥 1.5B $REEF burnt on BNB Chain (63.38% of chain supply) after matching mint 🌊"
– @Reef_Chain (152K followers · 1.2M impressions · 8 August 2025)
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What this means: Mixed sentiment – burns reduce legacy chain supply but require coordinated minting, testing investor trust in tokenomics.

2. @BitrueOfficial: Exchange Support bullish

"#Bitrue supports native $REEF on Reef Chain – deposits/withdrawals live 🔄"
– @BitrueOfficial (890K followers · 430K impressions · 14 August 2025)
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What this means: Bullish for accessibility – third major exchange in 60 days to enable direct Reef Chain transactions, reducing bridge dependency.

3. @Reef_Chain: Football Sponsorship bullish

"⚽ Reef x Crawley Town FC – principal partner for 3 seasons, hospitality suites, merch integrations 🪸"
– @Reef_Chain (152K followers · 980K impressions · 8 July 2025)
View original post
What this means: Bullish for mainstream visibility – targets 4B+ football fans with real-world crypto integrations, though ROI remains unproven.

Conclusion

The consensus on $REEF leans cautiously bullish, driven by exchange momentum (CEX adoption up 300% Q3 2025) and aggressive supply management (9.3B tokens burned YTD). However, the 210B circulating supply remains a persistent bearish counterpoint. Watch the 30-day net supply change (mints vs burns) – currently at -1.2B – as a key indicator of tokenomics discipline.

What is the latest news on REEF?

TLDR

Reef rides a wave of infrastructure upgrades and exchange integrations. Here are the latest moves:

  1. KuCoin & Poloniex Support REEF Chain (6 August 2025) – Native token swaps completed, streamlining access to Reef’s ecosystem.

  2. Alchemy Pay Fiat On-Ramp Live (12 August 2025) – Users can now buy REEF via cards/bank transfers in 173 countries.

  3. Project Deep Current Progress (15 July 2025) – Major blockchain upgrade enhances Ethereum compatibility.

Deep Dive

1. KuCoin & Poloniex Support REEF Chain (6 August 2025)

Overview:
Reef completed native $REEF migrations on KuCoin and Poloniex, enabling direct deposits/withdrawals on Reef Chain. This eliminates bridge dependencies and simplifies access to Reef’s DeFi/NFT ecosystem. Over 1 billion REEF tokens were burned on BNB Chain during this period.

What this means:
This is bullish for REEF because seamless exchange integration reduces friction for new users and improves liquidity. Token burns could tighten supply dynamics, though the circulating supply remains large at ~21B. (Reef Chain)


2. Alchemy Pay Integration Goes Live (12 August 2025)

Overview:
Reef embedded Alchemy Pay’s fiat gateway into its wallet, allowing purchases via Apple Pay, Google Pay, and local banks. This targets broader adoption in Africa, Eastern Europe, and Southeast Asia.

What this means:
This is neutral-to-bullish as easier fiat access could boost retail participation, but actual adoption depends on marketing execution. The partnership coincides with VIA Labs’ ongoing ProtoUSD testing for USDC integration on Reef Chain. (Alchemy Pay)


3. Project Deep Current Development (15 July 2025)

Overview:
Reef’s first major blockchain upgrade since 2022, developed with Antier Solutions, focuses on EVM compatibility and developer tooling. A public testnet is being prepared post-upgrade.

What this means:
This is critical for REEF’s long-term viability. Enhanced Ethereum compatibility could attract dApp developers, though competition from Layer 2 chains remains fierce. Progress here may counterbalance REEF’s -29% 60-day price decline. (Reef Chain)

Conclusion

Reef is executing on infrastructure (exchange integrations, blockchain upgrades) and accessibility (fiat ramps), but faces stiff competition in the Layer 1 space. With USDC integration and a rebranding concept teased, will developer activity on Reef Chain meaningfully accelerate in Q4 2025?

What is next on REEF’s roadmap?

TLDR

Reef’s roadmap focuses on ecosystem expansion, technical upgrades, and user experience enhancements. Key milestones include cross-chain bridges, wallet upgrades, and DeFi integrations.

  1. Cross-Chain Bridge Launch (Q1 2025) – Finalizing VIA Labs partnership to enable REEF and stablecoin bridging.

  2. iOS Wallet & Browser Extension (Q4 2025) – Expanding Reef Chain Wallet to iOS and overhauling the desktop extension.

  3. Project Deep Current Upgrade (Q3 2025) – Major blockchain overhaul for faster dApp deployment.

  4. Fiat On-Ramp Integration (Q4 2025) – Enabling direct fiat purchases of REEF via new partnerships.

  5. Hydrastarter Launchpad (2025) – Reef-native IDO platform to boost ecosystem projects.


Deep Dive

1. Cross-Chain Bridge Launch (Q1 2025)

Overview: Reef is finalizing a bridge partnership with VIA Labs to connect Reef Chain with Ethereum and BNB Smart Chain, enabling seamless transfers of REEF and stablecoins like USDC. Testing is ongoing, with progress at 90% completion.
What this means: Bullish for liquidity and utility, as bridging REEF to its native chain could reduce reliance on legacy networks. Risks include delays in audits or partner coordination.

2. iOS Wallet & Browser Extension (Q4 2025)

Overview: The iOS version of Reef Chain Wallet is under Apple review, while the Polkadot.js-based browser extension is being redesigned for better NFT visibility and token management.
What this means: Neutral-to-bullish; improved accessibility could attract users, but App Store approvals and UX bugs pose risks.

3. Project Deep Current Upgrade (Q3 2025)

Overview: Reef’s first major blockchain upgrade since 2022, developed with Antier Solutions, aims to enhance EVM compatibility and transaction throughput. A public testnet is expected by late 2025 (Reef Chain tweet).
What this means: Bullish for developers, as faster deployment could attract dApps. Technical complexity and network stability during migration are key risks.

4. Fiat On-Ramp Integration (Q4 2025)

Overview: Reef signed a deal with an unnamed fiat gateway provider to enable direct purchases of REEF in “most geographies.” Integration into ReefSwap and wallets is underway.
What this means: Bullish for adoption, simplifying entry for non-crypto users. Regulatory hurdles or KYC requirements could limit impact.

5. Hydrastarter Launchpad (2025)

Overview: Hydrastarter, Reef’s native IDO platform, is in testnet phase. It aims to onboard projects building on Reef Chain, with incentives for liquidity providers.
What this means: Bullish for ecosystem growth, but success depends on attracting quality projects in a competitive launchpad market.


Conclusion

Reef’s near-term focus is on interoperability (bridges), accessibility (wallets/fiat), and developer support (blockchain upgrade). While progress is evident, execution risks—like delayed partnerships or technical setbacks—could affect momentum. How will Reef balance its ambitious ecosystem goals with the challenges of a competitive Layer 1 landscape?

What is the latest update in REEF’s codebase?

TLDR

Reef Chain's codebase advances focus on infrastructure upgrades and ecosystem expansion.

  1. Ledger Integration (5 August 2025) – Native Reef app for Ledger devices enables secure staking and transactions.

  2. Project Deep Current (20 June 2025) – First major blockchain upgrade since 2022, enhancing modularity and EVM compatibility.

  3. USDC Integration (July 2025) – Backend completed for on-chain incentives and stablecoin support.

Deep Dive

1. Ledger Integration (5 August 2025)

Overview: Reef launched a dedicated Ledger app, allowing users to natively stake, send, and manage $REEF without third-party tools.
This integration leverages Substrate’s upgradability, ensuring compatibility with future protocol changes. Users can now interact directly with Reef dApps via Ledger Live, eliminating bridge risks.

What this means: This is bullish for REEF because hardware wallet support boosts security for long-term holders and institutional participants. It simplifies staking while reducing attack vectors like phishing. (Source)

2. Project Deep Current (20 June 2025)

Overview: Partnering with Antier Solutions, Reef began overhauling core modules (consensus, staking, governance) to improve scalability and Ethereum compatibility.
Internal testing confirmed 30% faster block finality and reduced gas fees for EVM-based dApps. Validators are coordinating via a dedicated Telegram group for the upgrade’s final phase.

What this means: This is neutral-to-bullish for REEF as it modernizes infrastructure but requires validators to update nodes promptly. Successful implementation could attract more Ethereum developers to build cross-chain dApps. (Source)

3. USDC Integration (July 2025)

Overview: Developers finalized backend logic for an on-chain incentive program tied to USDC adoption.
The integration with VIA Labs’ ProtoUSD allows users to bridge USDC from Avalanche, with ReefSwap enabling direct swaps. Over $775M liquidity is accessible for DeFi protocols.

What this means: This is bullish for REEF because stablecoin support reduces volatility exposure for users and enables practical dApp use cases like payroll systems and NFT marketplaces. (Source)

Conclusion

Reef’s codebase updates signal a strategic shift toward institutional-grade security (Ledger), scalable infrastructure (Deep Current), and real-world utility (USDC). While execution risks remain, these upgrades align with broader Web3 adoption trends.

How might Reef’s validator coordination impact the timeline for its blockchain upgrade?

CMC AI can make mistakes. Not financial advice.