Deep Dive
1. SWFTC Clarifies Official Networks (15 August 2025)
Overview:
SwftCoin reaffirmed that $SWFTC is officially available only on Ethereum (ERC-20) and BNB Smart Chain (BEP-20), sharing contract addresses to combat impersonation scams on unauthorized chains.
What this means:
This is neutral for SWFTC because it mitigates user risks but highlights fragmentation challenges in cross-chain ecosystems. Clear guidelines could strengthen trust, though limited network support may curb broader utility.
(SwftCoin)
2. Swap Fees Slashed for SWFTC Users (25 June 2025)
Overview:
SWFT Blockchain reduced swap fees to 0.1% (from 0.3%) and introduced a 0.05% rate for $SWFTC users, aiming to incentivize token usage and cross-chain activity.
What this means:
This is bullish for SWFTC as lower fees enhance its value proposition for traders and DeFi users. Increased adoption could drive demand, though sustained utility depends on platform growth.
(SwftCoin)
Overview:
The SwftCoin team casually queried users about recent $SWFTC routing activity, signaling efforts to gauge token velocity and community participation.
What this means:
This is neutral for SWFTC, reflecting routine community interaction rather than material developments. However, sustained engagement could foster loyalty amid broader market headwinds.
(SwftCoin)
Conclusion
SwftCoin balances security upgrades with incentives to retain users, though network limitations and muted price action (-22.7% over 90 days) pose challenges. Will fee cuts and tighter contract controls translate into measurable adoption ahead?