SAFE (Safe) increased by 13.03% in the past 24 hours

Gate News Bot Message, January 15th, according to CoinMarketCap data, as of press time, SAFE (Safe) is trading at $0.19, up 13.03% in the past 24 hours, with a high of $0.20 and a low of $0.14. The 24-hour trading volume reached $51.4 million. The current market cap is approximately $131 million, an increase of $15.1 million from yesterday, ranking 244th globally.

Safe is the most trusted infrastructure for smart wallets, offering multi-signature security solutions. It has processed over $1 trillion in transactions, deployed more than 57 million wallets, and protects assets totaling over $60 billion. Safe Wallet provides modular, programmable, and battle-tested multi-signature wallet services for on-chain assets, widely used by top organizations such as Aave, EigenLayer, Ethereum Foundation, Morpho, and Balancer.

Safe offers features including multi-signature wallets, transaction scanning and simulation, spending limits and role management, multi-chain fund vaults, and is equipped with Safe Shield security protection to block risky transactions in real-time. The platform has been verified by top security audit firms like Ackee, Runtime, OpenZeppelin, and Certora. Its contract code is fully open-source and transparent, supporting integration with over 200 applications for various scenarios such as DeFi interactions, protocol governance, and fund management.

Important recent news about SAFE:

1️⃣ Strategic upgrade of the stablecoin ecosystem, Ethena partnership promotes institutional applications
Safe has reached a strategic partnership with Ethena Labs, marking a deep integration of multi-signature smart accounts with mainstream stablecoins. In this collaboration, Safe accounts holding USDe can earn 10 times Ethena Sats points bonuses, while Safe covers all Gas fees for USDe operations on the Ethereum mainnet, providing users with an almost “gas-free” experience. This cost-saving and efficiency-enhancing cooperation directly increases the application value of the Safe platform, making it the preferred gateway for institutional users to access the USDe ecosystem and strongly supporting the value recognition of the SAFE token.

2️⃣ On-chain stablecoin custody scale expands, asset management infrastructure solidifies
Safe has securely custody over $6 billion in stablecoins on the Ethereum mainnet, with sUSDe reaching $65.1 million. About 85% of Safe smart accounts holding Ethena assets are in sUSDe. This data reflects that DAOs and protocol parties have incorporated USDe into their core fund management tools. As an institutional-grade asset management infrastructure, Safe’s importance is increasingly recognized, attracting more institutional funds and driving ecosystem value appreciation.

3️⃣ Growing demand for institutional-grade wallets, self-custody solutions gain mainstream traction
The integration of self-custody stablecoins with multi-signature wallet infrastructure represents a trend of industry migration from centralized custody to decentralized smart accounts. With a long track record of security and managing $60 billion, Safe has become a key infrastructure for upgrading stablecoin economies to smart accounts. This structural shift creates new growth momentum for the Safe ecosystem, encouraging broader adoption of self-custody solutions by institutional users and driving demand for the SAFE token.

This message is not investment advice; please be aware of market volatility risks.