Nexchain Hits Stage 25 After $8.4M Raise as PENGU Approaches Key Resistance

Nexchain has reached Stage 25 of its development roadmap following the successful raising of $8.4 million, signaling continued progress for the AI-powered Layer 1 blockchain [1]. The project aims to deliver a high-performance platform with the capacity to process 400,000 transactions per second and low fees of just $0.001 per transaction. Its hybrid consensus model, combining Proof-of-Stake with AI-powered algorithms, is designed to enhance real-time network reliability and security, while cross-chain bridges improve interoperability with major blockchain ecosystems [1].

The presale, currently in Stage 25, offers tokens at $0.10 each, with over $8.33 million raised toward a $9.27 million funding target [1]. Token holders benefit from a 10% daily gas fee revenue distribution when staked in non-custodial wallets. The project’s roadmap includes the deployment of its mainnet in the fourth quarter of 2025, followed by a public beta in the first quarter of 2026 [1]. Active development efforts are already underway, including testnet operations, bridge infrastructure, and SDK releases to support developer integration [1].

PENGU, the native token of the project, is currently trading at $0.0379 and is forming a bullish cup-and-handle pattern supported by the 5-day and 10-day moving averages [1]. Key resistance is positioned at $0.0389, with support at $0.0360. If this resistance is breached, the token could potentially see a surge toward $0.082 [1]. However, momentum indicators remain neutral, and the MACD suggests a possible slowdown in buying power due to low post-peak volume [1]. Analysts note that potential approval of an ETF backed by CBOE and the SEC could serve as a catalyst for upward movement [1].

Nexchain’s AI-based infrastructure is being applied across multiple sectors including finance, healthcare, IoT, logistics, and government systems, with the technology enhancing transparency and efficiency in fraud detection, data analytics, and smart governance [1]. The platform also emphasizes sustainability, with its low power consumption making it one of the more environmentally friendly blockchain solutions available today [1]. Decentralized governance mechanisms are also being developed, allowing the community to influence upgrades and resource allocation.

The project’s continued fundraising success and technical development suggest strong investor confidence in its long-term potential. While PENGU may show short-term breakout potential, Nexchain’s broader AI-driven infrastructure and multi-sector use cases position it as a more strategic investment option in the evolving crypto landscape of 2025 [1].

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[1] Nexchain Enters Stage 25 With $8.4M Raised as PENGU Eyes Breakout (https://coindoo.com/nexchain-enters-stage-25-with-8-4m-raised-as-pengu-eyes-breakout/)