Crypto Discussions on X Today: Armstrong, Sun, Wendy O, and more

CEO of Coinbase Brian Armstrong announced the launch of a new initiative called ‘Crypto-as-a-Service' via a tweet earlier today. It allows businesses to integrate cryptocurrency capabilities into their existing systems. While some in the community welcomed the development, others were skeptical.

Here’s our recap of the most popular topics discussed on X today.

1. Armstrong excited about Crypto-as-a-Service (CAAS)

The CEO of Coinbase, Brian Armstrong, is excited about the launch of CAAS.

In his latest post on X, he wrote that the service is now available and encouraged users to try it and share their feedback, highlighting the potential of this new platform to enhance operational efficiency and broaden the accessibility of digital currencies. 

While the general feedback was positive, not everyone was impressed. Some users labeled this move as “Cute,” adding that “Remember when we just called this “white label crypto”? 

“Take me back to 2017 when every bank wanted their own trading desk. At least Coinbase has the infrastructure to back it up, unlike half those “turnkey solutions” that vanished with their clients' funds. Probably bullish for their stock, bearish for my cynicism,” the user wrote.

Coinbase remains a major player in the cryptocurrency space and looks to further solidify its role after the U.S. Securities and Exchange Commission (SEC) announced that the Commission filed a joint stipulation with Coinbase Inc. and Coinbase Global Inc. to dismiss the ongoing civil enforcement action against the two entities.

2. Wendy O blames market stagnation on third parties

Prominent crypto voice and host of the O Show, Wendy O, commented on the current stagnation in crypto market activity. 

In her fresh X post, she explained that the perceived decline in engagement does not mean that the market lost interest in crypto. Rather, it has to do with “retail  waiting for crypto ETFs, Ripple lawsuits to end and just a shift in geopolitical things.”

“If you can protect your capital now and make wise choices, it will work out,” she added.

Some concurred that engagement is a solid metric and praised Wendy O for mentioning it. Others, however, questioned her statements. Specifically pertaining to Ripple lawsuit’s effect on the market, with one user writing: “Didn’t the Ripple lawsuit end already? Lmao.”

On March 25, Ripple CEO Brad Garlinghouse said the SEC finally pulled the plug on a four-year legal fight, though some matters have yet to be fully finalized.

3. Justin Sun praises Tron results

The founder of Tron, Justin Sun, commented on Tron’s recent performance data after it announced the “upcoming gas-free USDT transfers,” which could “potentially revolutionize stablecoin transactions on the network.” As of now, Tron’s QoQ metrics include:

• A total revenue going up 2.7% to an all-time high, 
• Вaily active addresses increasing 6.5%,
• USDT market share’s on Tron increasing up from 1% to 99.3%  

Sun succinctly quoted the metrics tweet, saying that Q1 “looks good.”

Tron blockchain platform involves:

• smart contracts, 
• decentralized applications (dApps), 
• cryptocurrency (TRX)

And Tron has been in the limelight recently due to solid development and results.

4. Jaran Mellerud highlights the importance of hashprice 

Co-founder of Hashlabs Mining Jaran Mellerud shed light on what he believes to be the ultimate metric in bitcoin mining.

According to his new post on X, “Hashprice is the most important metric in bitcoin mining,” while attaching a link to an article where he “explains what it is and how changes in it affects mining profitability.”

Hashprice represents the value of the mining reward relative to the computational power consumed. It can directly affect mining profitability. A rise in hashprice means that miners can achieve more significant rewards from the same amount of computational work, thus increasing their potential profits. 

5. Michaël van de Poppe praises VeChain’s native coin

CIO & Founder of MN Fund, Michaël van de Poppe, praised VET.

In a post on X, he said that the coin “keeps on delivering!” praising “a massive partnership with Dana White, which might indicate more partnerships and connections are on the horizon,” adding that “last week: Partnership with 4ocean, tackling plastic waste through blockchain.”

He concluded the tweet, saying that “I think that VeChain is one to watch going into the VeChain Renaissance.”

​As of April 2025, VeChain (VET) trades at approximately $0.022 per token, with analysts’ predictions varying due to a host of factors, including market volatility. 

Read our previous recap here.