Bybit, the world's second-largest cryptocurrency exchange by trading volume, is making significant strides in the Web3 space through its seamless integrations with The Open Network (TON).
The exchange has catalyzed the growth of Web3, driven by the meteoric rise of SpaceS, the first fly-to-earn game, and its participation in Season 7 of The Open League, a key gaming platform in the TON ecosystem.
SpaceS’s Rapid Growth and New Developments
Since its debut in late October, SpaceS has garnered more than 2.5 million members, and its Telegram game bot quickly became a fan favorite, attracting over 3.4 million active users monthly. This explosive growth has propelled SpaceS to the top of the Telegram Game Bot rankings in just its first month.
Building on this success, SpaceS is now launching its “Alliance Edition,” which allows players to access the game from popular projects like Major, Catizen, Yescoin, Riverland, and more. This new feature aims to unify the Telegram gaming ecosystem, offering players opportunities to earn exclusive rewards by exploring a growing list of interconnected games. The game’s enhanced features in the Alliance Edition include smoother gameplay, diverse tasks for additional points, and a referral system that rewards players with up to 800 points per new user.
Bybit Web3 Joins The Open League Season 7
Bybit Web3 is further expanding its Web3 initiatives by joining Season 7 of The Open League, a gaming platform supported by the TON Foundation. The Open League incentivizes creators and participants in the TON ecosystem, offering a rewarding platform for both creators and players.
Bybit’s entry into The Open League highlights its commitment to pushing the boundaries of Web3 engagement and growth. As the creator of SpaceS, Bybit Web3 aims to leverage the TON blockchain’s potential to enhance user participation, adoption, and community-building across the ecosystems of Bybit, TON, and Telegram.
The first week of July brings several important developments in the United States that could influence both traditional markets and the cryptocurrency sector.
Ric Edelman, one of the most influential voices in personal finance, has radically revised his stance on crypto allocation. After years of cautious optimism, he now believes that digital assets deserve a far larger share in investment portfolios than ever before.
In the case involving Terraform Labs and its co-founder Do Hyeong Kwon, the defense has asked the Federal Court for the Southern District of New York to extend the deadline for pretrial filings by two weeks, pushing it beyond the original date of July 1, 2025.
Coinbase has emerged as the best-performing stock in the S&P 500 for June, climbing 43% amid a surge of bullish momentum driven by regulatory clarity, product innovation, and deeper institutional interest in crypto.