"Use just your email for crypto deposits – no more lost funds" – @SpaceIDProtocol (283K followers · 1.2M impressions · 13 August 2025 01:28 AM UTC) View original post What this means: This is bullish for ID because streamlined UX could drive adoption across Enkrypt, MetaMask, and Binance integrations, potentially increasing transaction volume through SPACE ID’s protocol.
"6.7M+ domains, 24 chains supported – your Web3 passport" – @SpaceIDProtocol (283K followers · 890K impressions · 14 August 2025 07:04 AM UTC) View original post What this means: Dominance in multichain identity (BNB Chain, Arbitrum, Ethereum) strengthens ID’s moat, though competition from ENS and Unstoppable Domains remains a risk.
"ID eyes $0.185 breakout – watch volume for confirmation" – Anonymous trader (2.1K impressions · 29 July 2025 06:15 AM UTC) View original post What this means: Neutral-to-bullish technically, but the $12M token unlock on 16 June 2025 (CCN) adds supply-side risk if demand doesn’t offset it.
Conclusion
The consensus on SPACE ID is cautiously bullish, driven by product execution but tempered by tokenomics. While Payment ID adoption and cross-chain domain growth validate its Web3 identity niche, traders should monitor whether price can hold above $0.185 post-unlock. Watch the 24-hour trading volume (currently $218M) for confirmation of breakout sustainability.
What is the latest news on ID?
TLDR
SPACE ID is building bridges across chains while tightening real-world utility. Here are the latest updates:
Multichain Explorer Integration (19 August 2025) – Domains now readable in 8+ blockchain explorers, boosting onchain identity.
Business Verification Upgrade (30 July 2025) – KYB system lets firms use domains like company.bnb for Web3 credentials.
H1 2025 Milestone Recap (29 July 2025) – 6.7M domains, 24+ chains supported, and Payment ID adoption.
Deep Dive
1. Multichain Explorer Integration (19 August 2025)
Overview: SPACE ID partnered with Blockscout to enable domain readability across 8+ blockchain explorers, including Arbitrum, Taiko, and Manta. Users can now search, trace, and interact with .arb, .taiko, and other domains directly in explorers like Arbitrum’s block scanner and StoryProtocol’s IP tracker.
What this means: This simplifies cross-chain identity management, reducing reliance on fragmented tools. Enhanced visibility could drive domain adoption as users seek unified Web3 handles, potentially increasing demand for ID tokens tied to domain services. (SPACE ID)
2. Business Verification Upgrade (30 July 2025)
Overview: Web3Decision integrated SPACE ID into its Know-Your-Business (KYB) system, allowing companies to verify legitimacy using domains (e.g., startup.arb). Verified entities unlock AI-powered analytics and compliance tools.
What this means: By bridging decentralized identity with regulated business needs, SPACE ID positions itself as critical infrastructure for enterprise Web3 adoption. This could attract institutional users, though success depends on regulatory acceptance of onchain credentials. (SPACE ID)
3. H1 2025 Milestone Recap (29 July 2025)
Overview: SPACE ID reported 6.7M+ domains registered across 24+ chains, with 200+ dApp integrations. Key highlights include Payment ID (simplifying CEX deposits via email) and Chainlink data feeds for real-time domain resolution.
What this means: Growth in domain utility (beyond mere naming) strengthens ID’s value proposition. However, competition from ENS and Unstoppable Domains remains fierce, requiring continued innovation to retain market share. (SPACE ID)
Conclusion
SPACE ID is expanding its multichain footprint while targeting enterprise use cases—a dual strategy that could solidify its role in Web3 identity. With domains gaining utility beyond Ethereum, will ID capture demand from emerging chains like zkSync and Scroll?
What is next on ID’s roadmap?
TLDR
SPACE ID’s development continues with these milestones:
AI Agents Domains (2025) – Expanding identity solutions for AI agents to combat fraud.
SID DAO Governance Expansion (Q4 2025) – Decentralizing decision-making for protocol upgrades.
Cross-Chain Identity Partnerships (H2 2025) – Enhancing interoperability with new blockchain integrations.
Deep Dive
1. AI Agents Domains (2025)
Overview: SPACE ID is developing domain services tailored for AI agents, enabling verifiable on-chain identities to distinguish legitimate AI from malicious bots. This initiative aligns with growing industry demand for trust in AI interactions, as highlighted by SPACE ID’s Director Harrison Seletsky in June 2025.
What this means: This is bullish for ID as it taps into the $2.1T AI sector, potentially driving demand for domains as authentication tools. Risks include slow adoption if AI regulation stalls.
2. SID DAO Governance Expansion (Q4 2025)
Overview: The DAO, initially launched in 2023, plans to decentralize control over treasury management and protocol upgrades. Recent community proposals suggest integrating quadratic voting to reduce whale dominance.
What this means: This is neutral-to-bullish, as enhanced governance could attract institutional participants but may face voter apathy challenges given ID’s 56% circulating supply concentration in top wallets.
3. Cross-Chain Identity Partnerships (H2 2025)
Overview: Following July 2025’s Blockscout integration for explorer-readable domains, SPACE ID aims to partner with privacy chains like Manta and Aleo to enable pseudonymous but verifiable identities.
What this means: This is bullish for adoption, as interoperability with privacy-focused chains could position ID as a universal identity layer. Success depends on balancing privacy with compliance needs.
Conclusion
SPACE ID is pivoting from multi-chain domains to AI and privacy-centric identity tools, aligning with regulatory and technological trends. While adoption of AI agent domains could unlock new revenue streams, competition from Ethereum’s recent digital ID proposals (Vitalik Buterin, July 2025) poses risks. Will SPACE ID’s first-mover advantage in AI identities offset Ethereum’s network effects?
What is the latest update in ID’s codebase?
TLDR
SPACE ID’s codebase advances focus on cross-chain identity integration and usability.
Blockchain Explorer Integration (17 July 2025) – Enabled SPACE ID domain readability across 8+ chain explorers.
Payment ID SDK Expansion (20 June 2025) – Simplified CEX transfers via human-readable addresses.
Deep Dive
1. Blockchain Explorer Integration (17 July 2025)
Overview: SPACE ID domains (.bnb, .arb, etc.) are now natively supported in block explorers like Arbitrum’s and Taiko’s, replacing hexadecimal addresses with readable names.
This update allows users to search transactions, verify ownership, and interact with domains directly in explorers. For example, a .zeta domain on ZetaChain can now display user activity and wallet connections within its explorer.
What this means: This is bullish for ID because it reduces friction for non-technical users, making on-chain identity management more intuitive. Enhanced visibility across explorers could drive domain adoption as a universal Web3 username. (Source)
2. Payment ID SDK Expansion (20 June 2025)
Overview: SPACE ID’s Payment ID system—initially launched on MetaMask—was integrated into Enkrypt’s wallet, letting users send crypto to exchanges like Binance via simple aliases (e.g., “alice”).
The SDK eliminates the need for domain ownership, requiring only email verification. It also reduced deposit errors by abstracting complex addresses.
What this means: This is neutral-to-bullish for ID as it expands utility beyond domain holders. While not directly tied to ID tokenomics, broader Payment ID adoption could strengthen SPACE ID’s position as a cross-chain identity layer. (Source)
Conclusion
SPACE ID is prioritizing interoperability, with recent updates cementing its role as a multichain identity backbone. While no major security patches or protocol upgrades were reported, the focus on user-friendly integrations aligns with Web3’s usability demands. How might SPACE ID leverage these foundations to incentivize domain ownership in Q3 2025?