Latest SWEAT (SWEAT) News Update

Deep Dive

1. @SweatEconomy: Record token burn fuels scarcity talk 🔥 bullish

"🔥 150,000,000 $SWEAT burned – largest of 2025"
– @SweatEconomy (2.1M followers · 412K impressions · 2025-08-02 10:35 UTC)
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What this means: This is bullish for SWEAT because burning 0.7% of circulating supply (per CMC data) could tighten tokenomics if demand holds.

2. @SweatEconomy: Wallet security meets move-to-earn 🛡️ neutral

"Use the Sweat Wallet built on @NEARProtocol to store and control tokens"
– @SweatEconomy (2.1M followers · 287K impressions · 2025-08-09 16:25 UTC)
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What this means: Neutral – while self-custody adoption strengthens network fundamentals, it doesn’t directly drive short-term price action for the -10.5% YTD token.

3. @SweatEconomy: Growth Jar limits spark stacking strategies 🫙 bullish

"10M $SWEAT deposit cap per user – with 500K per Jar"
– @SweatEconomy (2.1M followers · 189K impressions · 2025-07-14 15:09 UTC)
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What this means: Bullish – capped staking pools could incentivize earlier/larger deposits, though current 7.2B circulating supply suggests ample liquidity.

Conclusion

The consensus on SWEAT is cautiously bullish, balancing deflationary burns against stagnant price action (-71% YoY). Watch the next quarterly burn report – a sustained reduction of the 20.7B total supply could reset valuation models.

Deep Dive

1. Multichain Expansion (Q4 2025)

Overview: SWEAT plans to integrate Bitcoin, Solana, TON, and TRON into its wallet infrastructure, enabling cross-chain deposits, withdrawals, and gas payments. This follows its existing support for NEAR, Ethereum, and Binance Smart Chain (SWEAT Whitepaper). The rollout prioritizes EVM-compatible chains based on liquidity and protocol support, with Wallet Connect integration for broader dApp connectivity.
What this means: This is bullish for SWEAT because multichain compatibility could attract users from ecosystems like Solana and Bitcoin, expanding utility. Risks include delays in chain abstraction or low liquidity on newer integrations.

2. RunGP Activation (2025)

Overview: SWEAT will host RunGP events at Formula 1 circuits, combining fitness challenges with token rewards. These events aim to onboard sports fans into the Movement Economy, leveraging partnerships and gamified engagement.
What this means: This is neutral-to-bullish; while global events could drive user acquisition, success depends on execution and partnerships. Token rewards might increase sell pressure if participation outpaces utility.

3. DAO Governance Expansion (2025)

Overview: The DAO will gain control over treasury allocation, partner onboarding, and protocol upgrades. This follows SWEAT’s gradual decentralization, with community votes influencing ecosystem priorities.
What this means: This is bullish long-term, as decentralized governance could improve tokenholder alignment. However, voter apathy or concentrated voting power might dilute effectiveness.

Conclusion

SWEAT’s roadmap emphasizes interoperability, real-world engagement, and community governance to scale its Movement Economy. While multichain upgrades and sports partnerships could drive adoption, execution risks and market conditions remain key variables. Will expanded utility offset potential sell pressure from event-based rewards?

Deep Dive

1. Multichain Wallet Support (28 July 2025)

Overview: SWEAT Wallet will soon allow cross-chain transactions, letting users pay gas fees with $SWEAT across multiple blockchains. This upgrade builds on NEAR Protocol’s infrastructure, which already processes millions of monthly transactions with $SWEAT as gas.

The technical shift involves integrating interoperability protocols to enable asset transfers between chains. While specifics aren’t disclosed, NEAR’s fast finality (1-2 seconds) and low fees ($0.01 per transaction) suggest SWEAT could become a gas token for Ethereum Virtual Machine (EVM) chains.

What this means: This is bullish for SWEAT because cross-chain functionality could increase utility demand as users spend tokens for gas across ecosystems. It also reduces reliance on single-chain limitations.
(Source)

2. DAO-Approved Tokenomics Upgrade (16 July 2024)

Overview: A community vote (70% approval) revised minting rules: Free users earn between 3,000-10,000 steps/day, while premium users cap at 20,000. This cut monthly token minting by ~30%.

The codebase update recalibrated step-tracking algorithms and reward distribution smart contracts. Premium users now have a 2x higher earning ceiling, incentivizing subscription upgrades while curbing inflation.

What this means: This is neutral for SWEAT because while reduced supply could support prices, stricter earning rules might slow user growth. The change balances long-term tokenomics with short-term engagement risks.
(Source)

3. Minting Pause for Inactivity (31 May 2023)

Overview: Inactive accounts (no app opens for 60 days) stopped earning $SWEAT automatically. This deflationary measure aimed to curb passive token accumulation.

The update introduced activity checks in SWEAT’s backend, pausing minting contracts for dormant wallets. Over 20M users were affected initially, though reactivation required only app access.

What this means: This is bullish for SWEAT because it tightened supply growth and encouraged active participation. However, it risks alienating casual users who prefer “set and forget” earning.
(Source)

Conclusion

SWEAT’s codebase evolution prioritizes supply discipline (via DAO governance and inactivity checks) while expanding utility (multichain gas payments). Together, these updates aim to balance token scarcity with real-world use cases. Will cross-chain adoption offset reduced minting incentives for casual users?

Deep Dive

1. BYDFi Listing (25 July 2025)

Overview:
SWEAT debuted on BYDFi’s spot trading platform on 25 July 2025, enabling SWEAT/USDT trading. The exchange highlighted SWEAT’s integration with Sweatcoin, a fitness app with 110M+ users that rewards physical activity with tokens convertible to SWEAT.

What this means:
This is bullish for SWEAT because exchange listings typically boost liquidity and visibility. BYDFi’s global reach could accelerate adoption among fitness-focused users, though competition in move-to-earn tokens remains fierce. (BYDFi)

2. 150M SWEAT Burn (2 August 2025)

Overview:
A record 150M SWEAT tokens were burned on 2 August 2025, reducing supply amid rising deposits in Growth Jars (1.5B+ SWEAT locked). Burns are part of SWEAT’s deflationary mechanics, balancing token issuance from user activity.

What this means:
This is neutral-to-bullish. Burns counter inflation from rewards, but SWEAT’s price remains down 22% over 60 days (as of 25 September 2025). Sustained demand for staking and burns will determine long-term price impact. (Sweat Economy)

3. 20M+ Holders on NEAR (7 July 2025)

Overview:
SWEAT surpassed 20M holders on NEAR Protocol in July 2025, leveraging NEAR’s low fees and scalability. Users can now pay transaction fees in SWEAT, with multichain support planned.

What this means:
This is bullish for utility, as NEAR’s infrastructure supports SWEAT’s high transaction volume (millions monthly). However, broader adoption depends on integrating SWEAT into more fitness and gaming apps. (Sweat Economy)

Conclusion

SWEAT’s recent milestones highlight efforts to balance supply dynamics and expand utility, but price action remains muted. Will staking incentives and multichain upgrades revive momentum, or will macro headwinds outweigh ecosystem growth?