BlockBeats news, on August 22, according to market data, the Platform Token MX of the encryption trading platform MEXC has risen by 17.8% in the last 24 hours, currently quoted at 3.13 dollars, and its total market capitalization has reached 285 million dollars.

According to the Gate News bot, SoSoValue data shows that uncertainties in the macro market are rising ahead of tariff negotiations, leading to a sluggish sentiment in the Crypto Assets market. Most zones fell between 2% and 6%, with only the SocialFi zone rising against the trend by 1.65%. Among them, Toncoin (TON) has risen for three consecutive days, with a 24-hour rise of 2.39%. Bitcoin (BTC) fell below $116,000, with a decline of 2.07%. Ethereum (ETH) dropped to $3,700, down 3.20%. The CeFi zone decreased by 0.60%, while MX performed relatively well, rising by 1.86%. The Layer1, PayFi, DeFi, Meme, and Layer2 zones all showed a downward trend, with declines of 2.50%, 3.51%, 5.17%, 5.19%, and 5.57%, respectively.

Super ModuleX Protocol (MX) has implemented modular abstraction and cross-chain combination verification of all protocol assets on the Bitcoin Mainnet, supporting unified packaging and interaction of existing and future protocols. Its core is based on the UTXO layer mechanism, simplifying operations for developers, while introducing heterogeneous chain verification extensions to ensure the security and finality of cross-chain interoperability.