Deep Dive
1. Legacy Pool Migration (18 August 2025)
Overview: Ultima Chain now supports migrating Legacy Pool (LSP) tokens from SMART Blockchain to its native chain via a 1:1 swap.
This 30-day migration window (ending ~17 September 2025) requires users to convert LSP SRC-20 tokens to URC-20 tokens through Ultima’s portal. The upgrade aims to consolidate liquidity and enhance utility within Ultima Chain’s DeFi ecosystem.
What this means: This is bullish for ULTIMA because migrating legacy tokens could reduce fragmentation and increase activity on Ultima Chain. However, delayed migration risks locking users out of new features.
(Source)
Overview: Users can now convert SRC-20 tokens (SMART Blockchain) to URC-20 tokens (Ultima Chain) for TPTU and UENERGY.
The Transform tool added these pairs to streamline cross-chain interoperability. UENERGY tokens reduce transaction fees by replacing the “Energy” resource, lowering costs for transfers and staking.
What this means: This is neutral for ULTIMA because while cheaper fees may boost network usage, reliance on freezing ULTIMA for UENERGY could temporarily reduce circulating supply.
(Source)
3. SMART Wallet 1.41.0 (28 July 2025)
Overview: The wallet update integrated UENERGY for fee payments and expanded Fee Protector to TRON and SMART Blockchain networks.
Fee Protector lets users set gas-price thresholds, avoiding spikes during congestion. The update also added annual yield tracking for ULTIMA staking.
What this means: This is bullish for ULTIMA because smoother transactions and yield visibility could attract more users. However, multi-chain support dilutes focus on Ultima Chain.
(Source)
Conclusion
Ultima’s recent updates prioritize cross-chain utility and cost efficiency, but success hinges on user adoption of migration tools and UENERGY. Will the reduced fees offset the complexity of managing multiple token standards?